RE: [Nolug] Something that would never happen here

> These US companies just can't realize these kinds of things because of the
> short-sightedness. Companies here have tendencies of thinking Quarterly,
> whereas elsewhere in the world this span could easily be as long as 15
> years. More commonly 4-5 years.

I don't buy that. Why do US corporations dominate the fortune 500 if they are so short-sighted?

Brett

--- Pietu <plaihonen@uno.edu> wrote:
> >
> >
> > "James" <jveillo@bellsouth.net> writes:
> >
> > > The US Corporate mantra, with a few exceptions, is 'maximize
> > profit'. This
> > > mantra often means shrink the product so that more profit is an inherent
> > > outcome.
> >
> > But the move by the Finnish company /is/ an effort towards more
> > profit. They lower their churn rate and attract new clients. That's
> > maximizing profits.
> >
> > (Another famous Finnish company, Nokia, does pretty good at maximizing
> > profits, too, by keeping executive compensation low.)
> >
> > Mark.
>
> Yes. Nokia has been out in the world already so long that they have learned
> some bad habits. The funny thing however is that Nokia still manufactures
> the items they originally started with. Rubber boots (very good ones) and
> car tires. Of course after those became computers, TV's cable/satellite
> decoders, set-top boxes etc....
>
> And maximizing the profits by lowering the prices has happened before. For
> example 12 years ago I was working on the restaurant chain in Finland and
> they decided to lower food prices. Just like that. At the end of the fiscal
> year, the increased sales with lower profits still turned out more on the
> plus side for the company.
>
> These US companies just can't realize these kinds of things because of the
> short-sightedness. Companies here have tendencies of thinking Quarterly,
> whereas elsewhere in the world this span could easily be as long as 15
> years. More commonly 4-5 years.
>
> P
>
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=====
"When it's third and ten, you can take the milk drinkers and I'll take the whiskey drinkers every time."
--Max McGee
#! /usr/bin/myInfo
set url http://www.brettsbsd.net/~estrabd
set eFax (253)484-8755
#A.M.D.G
exit 0

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Received on 06/13/03