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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Sterner who wrote (10296)	3/10/1999 9:34:00 PM
From: Thomas Sterner	Respond to of 43080

<OT> Does this sound familiar? A friend sent this to me today. > The Americans and the Japanese decided to engage in a competitive > boat race. Both teams practiced hard and long to reach their > peak performance. > > On the big day they felt ready. The Japanese won by a mile. > Afterward, the American team was discouraged by the loss. Morale > sagged. Corporate management decided that the reason for the > crushing defeat had to be found, so a consulting firm was hired > to investigate the problem and recommended corrective action. > > The consultant's finding: The Japanese team had eight people > rowing and one person steering; the American team had one person > rowing and eight people steering. > > After a year of study and millions spent analyzing the problem, > the consultant firm concluded that too many people were steering > and not enough were rowing on the American team. > > So as race day neared again the following year, the American > team's management structure was completely reorganized. The new > structure: four steering managers, three area steering managers > and a new performance review system for the person rowing the > boat to provide work incentive. > > The next year, the Japanese won by two miles. Humiliated, the > American corporation laid off the rower for poor performance and > gave the managers a bonus for discovering the problem.... > >