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There are systems of operating that are ridiculously profitable; I know the engineering executive of a Forge Shop that implimented a Scanlon plan some 50 years
by TheBobinator 8y ago
There are systems of operating that are ridiculously profitable; I know the engineering executive of a Forge Shop that implimented a Scanlon plan some 50 years ago. Company is employee owned with the original company ownership serving as chairboard members.
The janitor, working there some 40 years, retired with $28 million in his pocket.
All it took was management and labor deciding on what it cost to run the business, and savings over that, they put some into an expansion\risk fund, and the rest they split. That technology came out of the 1930's where people were starving, there was no capital and debt to work with, riots were commonplace, and people were looking at the management as food.
Funny thing, when everyone is watching out for one another and helping eachother, really awesome results tend to happen. Sure there's a personell mix issue, but personalities can grow and change. Realistically, all corporations should be run this way. We give the executive management immunity and then we allow them to abuse the staff. That's a recipe for disaster. The majority of company stock ought to be owned by the employee's doing the work.
There's this fatalistic romanticism that goes on with being the top dog, alpha male, name your price, et-cetera. This comes from rich people who never came out of their terrible 2's. They grew up leading isolated lives and never spent time with normal human beings, so they develop this superiority complex and go on tantrums. The reason you see so much advertising that makes no sense for executives is, there are so many of these "VITO's" out there and they all sell emotionally because they are literally box-of-rocks stupid.
The funny part of the joke is people, to their own peril, give respect to these people. We've managed to dress it up with modern marketing\psychological warfare, and we've managed to let the pack of grifters get so large they're now fighting over the scraps. A City of thieves produces no bread. Fertility rates are 1.72 in the US, USSR during its collapse was 1.2. We're halfway there. We need a term to define cannibalistic management; the kind of management there that figures out ways to literally eat people by entangling them in this web of socioeconomic corporatism. We already have "trap" music so we aren't far off, culturally, from defining it conceptually.
Accountants understand risk and cost, MBA's understand Risk, Cost, and Process. It takes someone with specialized experience and skills to figure out how to build an efficient process, or to do R&D because you need to understand bottlenecks and how to cheat at gambling; effectively it takes that kind of person to understand oppertunity, of which the other 2 don't.
So you get into these ridiculous situations where an accountant or MBA is put in charge, with no real understanding of the actual systems at play and its revealed to the staff executive management is really just a bunch of permanent vacationers or grifters. The really great engineers make up excuses based on prior, painful experience as to why they should leave and do so; the existing staff figure no matter where they go, they'll have to deal with the same BS.
Accountants and MBA's always strangle companies, so if you see a new executive manager who's resume doesn't have "line" experience, it's always time to leave for greener pastures.
- noobiemcfoob 8y agoYour story here is why I hope to see more co-op based businesses come into being. I'm nearly the opposite of a communist, but it takes a fool to think labor shouldn't own a good amount of what they do. Particularly when your work requires pouring your soul into it.