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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (67196)	8/10/2005 8:25:32 AM
From: elmatador	Respond to of 74559

E.J. It's been always like that. As a countermeasure, there was this American invention: TRAINING The school was not good enough or schooling non-existent. To make the employees productive, they trained them. Then you'd get a return on your training investment. Today, if you train the person he goes seek a job with more pay. A VP of service of Siemens friend of mine, tells me: "I am running a traning center here. As soon as I get a trained guy, he goes out to another job!" There's a race to the bottom. Companies will try to extract as much as possible from the competent people, loading them up with a whole lot of people learning by doing. Another face of the race to the bottom is to farm out as much as possible and let the foreign party do away with the trouble. Me? I saw so many duds around me. I thought: If I invest a lot on training myself I can get more money than those guys!