Re: Boycott Sears and Lowes
PW2,<br />FYI The big "D" is a 5 Billion dollar a year corp. they are listed on the S&P 500. They operate on a modified business system borrowed from the Japanese, The Toyota Business System. They grew to their current size by acquisition, and consolidation. One of their current directives is the relocation of a pre determined percentage of their core businesses to "Low Cost Regions" (read: China and the Pacific Rim). They are vary; vary, good at what they do. I lived with the Big "D" ideologies for a year. What I witnessed in their plant, were two types of employees, upper management big "D" corporate types, and the rest of the staff. The general moral was horrendous. Nobody I delt with on a day to day basis was content or felt secure in their employment. The long time employees stated after the acquisition, the big D eliminated most of the employee related perks such as company picnics, profit sharing and bonuses. Corporate bottom line improved immediately. The new big D executives looked like corporate geniuses, but....Can ya guess why the moral was so bad? Add to that, Lean Manufacturing, one of the key points in there production philosophy, which BTW they apply to every aspect of their organization. L/M boils down to two types of change: 1) Eliminate unnecessary work, and 2) consolidate responsibilities. First one no one can argue with. The second is open to debate, if the employees work load is not full already, there is room for additional tasks, but if their time fully utilized??? I understand how business operates, (at least I think I do) and in my business we strive to achieve a set profit each quarter. If we exceed our goal and stay within our budget a large portion of the additional profit goes back to the employees. But we do not have investors to answer to.