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CraigL

posts: 9051

Jul 16, 2009 3:36 PM ET    Quote
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I suspect that we`re coming to the end of the existing, established management model. It`s been around for half a century, and looks like it doesn`t work anymore. We`ll see what happens next.

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Craig Landes
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Defining the undefinable. "There are 10 kinds of people in the world---those who understand binary numbers and those who don`t." - Unknown

International Society of Curmudgeons
windows

posts: 25

Jul 16, 2009 5:16 PM ET    Quote
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Very true and the Aldi model might be a good staring point, but who Knows, should be interesting but hopefully not too late for those businesses that are doing well.
Innovator7

posts: 295

Aug 24, 2009 11:06 AM ET    Quote
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windows made good observations about cost-cutting and its impacts.  The key problem is short-sightedness of business owners.  They can see the immediate benefits of cost-cutting measures vs. of moves for boosting business thru serving the customers better as at Aldi, which in near terms costs money.  But then long term consequences are different stories that cost-cutters and owners can't associated  with their poor decisions.



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