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Financial progress - where progress is often change for change's sake - at all cost. Cheaper wins, more profitable wins, regardless of whether good or not. Fre
by NeedMoreTea 8y ago
Financial progress - where progress is often change for change's sake - at all cost.
Cheaper wins, more profitable wins, regardless of whether good or not. Frequently when we already knew it's not (leaded petrol, radium on watch dials etc). Far more quickly since the changes of the 1980s - deregulation, privatisation, and so forth. If it wasn't deregulated enough, move it out of sight and offshore it somewhere with weaker standards.
So I would tend to say we sacrificed the future for an extra 0.5c on the dollar.
- brootstrap 8y agoYeah I think you are right about shaving costs. From the business perspective, you shave off 5 cents, times 10 million sales.. you got some serious $$$ there