Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (68905)	10/10/1999 2:14:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

>>The fact that she came from Lucent, where "managed" eps growth without business success is the rule of thumb, supports his argument.<< mike, what is even more worrisome is the fact this kind of "management" is flooding actual production floors. upper management has apparently never worked in mfgrg or they hated it so much they never want to visit a production floor again. they put accountant types in charge of the floor. since they don't know production very well outside of some buzz words (if i hypothetically hear kaizen from folks that couldn't improve on a square wheel. i'll hypothetically choke), they manipulate (did i say that? i meant manage ;-) the numbers they report to upper management. they don't view accounting as a numerical measure of reality. they don't understand the reality (or do and don't care) so they manipulate (ooops, manage!) the numbers. one hypothetical example is a company that cut their direct labor in the face of increased output and yields for sh*t. the result of this has been a hypothetical build up of bone pile to the tune of millions. guess what? upper management applauds production for working more efficiently and keeping costs low. doh! :-( what happens when they scrap a million or two in bone pile? if you spread it across the other product then costs would suck. upper management can't figure this out - even though the hypothetical bone pile is out in the open for all to see. but, hey! it is just like a one time charge and those don't matter, right? not real money. in any case, maybe the folks who do this kind of crap get promoted for doing a great job and don't have to deal w/ the fallout. what a joke. upper management, you know - the ones who deserve the big bucks, can't even figure this out. this is all hypothetical, of course. the proper approach is to mix it up with reality, understand the issues and eventually improve reality and let the numbers follow. this takes knowledge, talent, dedication and hard work. reciting buzzwords so the iop think you are somebody "promotable" doesn't cut it. it is ironic that hypothetical companies rewards the buzzword reciters instead of the doers. i'm amazed that these upper management can't differentiate between words and actual actions. if someone repeats "kaizen" for years and never improved anything - and definitely has established no program to continually improve - doesn't that tell you they know not of what they speak? apparently high salaries afford this kind of cognitive dissodence (sp?). all hypothetically, of course.