April 1, 2010
A potential risk is lurking for opportunistic organizations losing sales. That is, there is a danger for companies that are making stupid decisions during this economic downturn.
For example, executives who are reluctant to layoff large numbers of employees to improve short-term bottom line profits should be fired by their board of directors. After all, later on when business improves you can always hire new employees and train them. It is a bogus notion that retaining employees with years of knowledge and experience makes good sense. Rubbish. Employees are easily replaceable.
Another example. Executives who do not beat up on their vendors and squeeze them by demanding lower prices should also be fired. Suppliers are a dime a dozen. Who cares if they go bankrupt? You can always find another supplier.
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Another example. Executives who do not gouge their most loyal customers with huge price increases should also be fired. Successful executives know that you can also further increase profits by reducing services to loyal customers. It saves unnecessary costs. Customers that are loyal are basically customers that are timid and weak, and they will tolerate any abuse because they are afraid and insecure to begin buying from a competitor.
There are so many examples as to why stupid executives should be fired during this global economic crisis. Here are more.
Executives should cut out all research and development. That is so obvious. R&D is basically a bunch of scientists playing with test tubes.
Another way to boost profits is for executives to eliminate all employee travel and employee training. Most employee travel is really just a smokescreen to party and run up big tabs at restaurants. And employee training gains nothing because during training courses most employees are solving crossword or Sudoko puzzles or they are looking up sports scores on their mobile smart phones when the instructor thinks they are paying attention.
Another good way to both save costs and increase sales is lower incentive commissions to the sales force. They will behave like rats on a spinning wheel in a cage by running faster so they can make enough income to feed their families. Any executive who does not do this should be fired.
Most executives do not understand that these examples are proven ways to improve profits and make them look like stars to their shareholders.
And if you believe what I have written here, read the first letter of each word in the first sentence of this blog. You will see that together they spell A-p-r-i-l f-o-o-l-s!
