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Showing posts from August 21, 2011

4Ms as to why so many are being downsized in some companies .

Companies downsize when the see failure on the horizon, after it has occured, or when there has been a merger and acquisition that changes the scope of business or its concentration. They also do so when they see that shedding domiciled employees or products makes the best financial decision. Here are some indicators for an imminent failure or downsizing. 1) If they MANUFACTURE anything ...they are doing much of it offshore. Think $7.40 a dayin Asia versus $7.40 per hour in the United States. 2) The MANAGEMENT is poor and lacks vision, accountability, integrity, people skills, respect and often times ...diversity 3) There is not and obvious or exercised MORAL foundation under which the company exists and the customers and employes suffer for this. No repeat buys and no motivation and morale 4) MARKETING is a begging line and rarely makes it on the P&L as a cost metric.  There are unrealistic expectations for marketing to do what sales does instead of supporting it wi