Wednesday, March 28, 2007

Why I'm Retired

This is scary!!!

A Japanese company (Toyota ) and an American company (General Motors)
decided to have a canoe race on the Missouri River. Both teams
practiced long and hard to reach their peak performance for the race.
On the big day, the Japanese won by a mile.
The Americans, very discouraged and depressed, decided to investigate
the reason for the crushing defeat. A management team made up of senior
management was formed to investigate and recommend appropriate action.
Their conclusion was the Japanese had 8 people rowing and 1 person
steering, while the American team had 8 people steering and 1 person rowing.
Feeling a deeper study was in order, American management hired a
Consulting Company and paid them a huge amount of money for a second opinion.
After a 6-month study they advised that too many people weresteering the canoe, while not enough people were rowing.
Not sure of how to utilize that information, but wanting to prevent
another loss to the Japanese, the rowing team's management structure was
reorganized to 4 steering supervisors, 3 area steering
superintendents and 1 assistant superintendent steering manager.
They also implemented a new performance system that would give the one
person rowing the canoe greater incentive to work harder. It was called
the "Rowing Team Quality First Program," with meetings, dinners and free
pens for the rower. There was discussion of getting new paddles, canoes
and other equipment, extra vacation days for practice, and bonuses.
The next year the Japanese won by two miles.
Humiliated, the American management laid off the rower for poor
performance, halted development of a new canoe, sold the paddles, and canceled all capital investments for new equipment and research. The money saved was distributed to the Senior Executives as bonuses and the
next year's racing team was out-sourced to India.


Thanks Ralph B.

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