01-23-2011, 11:47 PM
From the voice of understanding business and business models (a different kinds of model, one written on paper), Fred W. has hit the nail squarely on its head.
The world economy is in a state of flux (no, not the GERN type of flux,) all sorts of things are changing, the dollar is weak, little is actually manufactured here ... it's a very weird time to be in business.
But Fred is right ... before you complain too loudly, make sure you have some "skin in the game."
It's all too easy to berate a company for shortcomings in their product, but do you know the background of why that shortcoming came to exist? Unless you are familiar with, as Michael nkp_174 explained, all that's involved in bringing a product to market. And it gets tougher the larger the company gets, as there is more money involved, more employees to pay as well as more individuals in the decision-making chain (not to mention the shareholders, those everyday folks with money invested in the company, "skin in the game," who are expecting the company to turn a profit so they can realize a dividend and grow their investment to make some money to fund their own retirement!) It ain't easy making it all happen and having it all happen flawlessly!
The world economy is in a state of flux (no, not the GERN type of flux,) all sorts of things are changing, the dollar is weak, little is actually manufactured here ... it's a very weird time to be in business.
But Fred is right ... before you complain too loudly, make sure you have some "skin in the game."
It's all too easy to berate a company for shortcomings in their product, but do you know the background of why that shortcoming came to exist? Unless you are familiar with, as Michael nkp_174 explained, all that's involved in bringing a product to market. And it gets tougher the larger the company gets, as there is more money involved, more employees to pay as well as more individuals in the decision-making chain (not to mention the shareholders, those everyday folks with money invested in the company, "skin in the game," who are expecting the company to turn a profit so they can realize a dividend and grow their investment to make some money to fund their own retirement!) It ain't easy making it all happen and having it all happen flawlessly!
Oh, and now the Union wants a new contract, or their going to "walk."
Please pass the Excedrin, and let me have a handful of Rolaids, too!.
It takes a little inventiveness, almost like kit-bashing, but those kits with quality problems can be make up into nice models.
It's just not as easy as it would have been if everything was neat and tidy.
It's just not as easy as it would have been if everything was neat and tidy.
biL
Lehigh Susquehanna & WesternÂ
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." ~~Abraham Lincoln
Lehigh Susquehanna & WesternÂ
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." ~~Abraham Lincoln