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Ah yes, as opposed to market driven corporations, where the majority of employees probably churn in <5 years.
by zaptheimpaler 6y ago
Ah yes, as opposed to market driven corporations, where the majority of employees probably churn in <5 years.
- midasuni 6y agoMarket driven corporations rarely look past the next quarter
- nickff 6y agoDepends on the company; my favorite Scotch is 16 years old.
- FooHentai 6y agoI'm gonna guess what's behind that looks more like a handed-down, long-running family business/dynasty than anything else.
- arethuza 6y agoNot really - a lot of Scotch whisky production is large scale industrial operations owned by very large companies such as Diageo: https://en.wikipedia.org/wiki/Diageo https://en.wikipedia.org/wiki/Diageo When I was a student (many years ago) I used to work in the summers at a very large industrial maltings that supplied malt to a lot of the "quality" whisky brands. Edit: Scotland produces about 1.3 billion bottles of whisky a year worth ~£5billion: https://www.scotch-whisky.org.uk/insights/facts-figures/ https://www.scotch-whisky.org.uk/insights/facts-figures/ Edit2: There is a Diageo site ~10km from where I live that is 1.5km x 0.5km of warehouses full of whisky!
- bluGill 6y agoThey do when they need to pay insurance. Every year they defer maintenance is another year that insurance payments increase. This ensures they maintain things. Of course governments need to require the insurance, but once they do insurance companies are good at figuring out risk. This is much easier for governments to do, than to actually allocate money to do the work when they are the owners. Somehow insurance payments are ignored in government budgeting, probably because they self-insurance and so there is no line item to look at.
- ekianjo 6y agoAnd yet you also have corporations that are 200 years old at the same time and that plan 20 years in the future. How does that fit in your world view?