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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: WTSherman who wrote (15526)	3/4/2001 9:44:13 PM
From: SouthFloridaGuy	Respond to of 19079

OTOTOTOTOT: I think that the context of this thread has been lost. I don't think many US executives question the competence of the Japanese organizational structure, but rather, the government that sets policy towards it. As far as culture goes, management consultants were using Japanese culture as the guiding light towards which American organizations should be based upon, so I don't pay too much attention to it. In fact, I think the Japanese still have major competitive advantage over every other country due to their organizational culture of oneness. In that same light, so should the US bubble be analyzed, in terms of the Federal Reserve's mismanagement of the economy. And now back to ORCL?

To: WTSherman who wrote (15526)	3/4/2001 11:20:15 PM
From: Hardly B. Solipsist	Read Replies (1) \| Respond to of 19079

I think that a lot of companies have given up on planning because it's hard, but that doesn't mean that it's not worthwhile. Most real software projects take years to complete, and if you don't do some planning you won't ever finish them. I do agree that making a rigid plan with no milestones is obviously not a good idea unless you are so smart that you can really tell what's going to happen for the next 5 years (and I've never met anyone that smart), but I don't think that it's always a joke to plan. But I enjoyed the article.

To: WTSherman who wrote (15526)	3/14/2001 12:51:13 PM
From: MeDroogies	Respond to of 19079

Hey, no disagreement here. But vision is what's important and as Branch Rickey (paraphrased) said "luck is the residue of good planning". Japan's problems, IMHO, are a result of OVER planning and expecting that best laid plans pay off. They really don't have (a few companies there do, but only a few) faith in the market and how it operates. That's why their financial markets remain as rigged as they are. The US, is obsessed with short term planning, but every company I have worked for insists on a 5 year plan - for no other reason but to have some kind of vision of what the future may hold. Assumptions are made and listed.