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Categories - Shopping - Free Online Business Help - Telecommunications Services - Copywriting Articles: Business - Investor Pillaging Henry Ford showed the world how to get maximum productivity, safety, and quality out of a work force by rewarding them for the work that they did. He trained and promoted from within while implementing new ideas such as proactively employing the handicapped in jobs that they could perform. With Henry, you were paid for what you did and pride was stamped on your paycheck. People loved to work for him and he took his profits and invested them in state of the art manufacturing technology and new employee programs. His company was one of the few that made it through the Great Depression. GM and Chrysler used this same successful model as they got started and the Japanese use it today. The Japanese are extending the model and creating good will in communities by paying their idled assembly line workers to perform public service or to work for non-profits. Then banks and institutional investors got involved. These investors will tell you that success is only measured in the amount of return that they get on their investment. The companies that they invest in can fail or succeed as long as they get their money. A CEO could not keep his job without issuing healthy dividends and money that should have been used to keep the work force happy and invested in technology was sent to the pockets of the already wealthy. The workers began to get squeezed and were forced to form a union to protect themselves. The company was put at odds with its employees and this was a recipe for disaster. Any good manager will tell you that his workers are his most important asset. The same process has infiltrated all industry and as a result, few companies enjoy loyal and reliable work forces. They employ transient workers instead and are forced to lobby for H-1B visas and rob the world of its talent in the process.
Also contributing to the automakers' collapse has been our limiting federal government’s regulation. There are over 130,000 federal government regulations on the books. No one can tell you what effect each one of these has on the others let alone how they effect state, county, and city regulations or business. The only way we find out is when something bad, like the sub-prime mortgage crisis or becoming dependent on foreign oil, happens as a result. When the Feds began to regulate businesses that they knew and continue to know nothing about on behalf of special interests not knowing what the overall effect of a regulation might be, they made the taxpayers liable for the success and failure of all business. They have the nerve to chide the automakers while they run up the biggest deficit in the history of mankind.
Most of our successful companies like Apple, IBM, Whirlpool, and AT&T became successful by following the Ford business model and, like the car companies, began to experience various levels of economic problems when dividend hungry investors forced management changes. Not all of them have succumbed to the pillaging, but they have not been as successful as they could have been. Any good manager will tell you that his most valuable asset is his workforce.
The CEOs who are now running the auto companies have all implemented plans that were on the verge of working before this economic collapse that was caused by the same people who orchestrated the failure of our industries. The amount of out of date and incorrect information that is being circulated and parroted by people who know nothing about the auto industry is contributing to the problem.
The unions did not cause the demise of our car industry, the products are not inferior, and people still want them worldwide. Domestic carmaker sales are suffering more than their foreign counter parts, which are also suffering, because this is the only country in the world that is toying with the idea of letting their manufacturers go out of business.
The ideas that we should become as dependent on foreign manufacturing as we are on foreign oil and our companies only exist to make the rich richer are what has contributed to this country's downfall and we owe it to ourselves and our country to not let this happen.
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