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Is Ford Running on Empty?
Picasso wrote: > Its a good place to base a start. It is by no means perfect, but the It's like pulling a robber baron out of the pre-Depression era and giving him the helm of a modern company. Business is evolving, and it does NOT make sense to base your future on old formulas. Management styles are like any other technology. Take as a very good analogy black and white TV - it went through a period of being state-of-the-art and expensive but sought-after, then affordable and owned by everyone, and now it is virtually free ($9.95 will buy you a B&W television set, brand new) but nobody wants it because it has been superseded by superior products. Free-to-air TV signals still work on an old TV but you're missing a lot. When digital comes in, B&W TV sets will be completely worthless. Welch's pontificatory writings are in the same spot as B&W TV. His ideas are still backwards compatible with modern businesses - JUST. So they have some use, but it's small and dwindling. It would be stupid to set up a facility manufacturing CRTs with blue-white TV-grade phosphors right now, and it would be equally stupid to "turn around" a business into a known dead end like GE's methodologies. Even GE is changing. |
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