Sunday, June 28, 2009

You have to spend money to make money


Lets imagine a giant corporation, not just Fortune 500, but Fortune 10.

A company that despite a bad economy, last year made about 12.9 Billion dollars in profit.

We'll call this company, "DeathStar Communications".




Lets imagine this year this imaginary corporation does the following:
  • Cuts employee benefits
  • Cuts employee at-risk pay
  • Cuts employee commission
  • Cuts jobs
  • Cuts rebate incentives for customers
  • Cuts ability to match competitor prices
  • Cuts money allocated towards reinforcement of basic infrastructure
  • Cuts advertising dollars
  • Abolishes yearly "Christmas" bonuses completely
  • Abolishes a best sellers yearly retreat
  • Raises prices for consumers
  • Raises quotas for sales people
  • Denies pay raises to all management
  • Fails to keep up with current competitive standards
  • Creates rules which marginalize certain vendors
  • Threatens employees with termination if new increased goals are not obtained
Now lets imagine that company has the brass to ask it's employees how they feel about working there. A survey where they insist that the customers and employees are valuable to them.

In this imaginary situation, would you feel that the actions of this imaginary company reflect a company that is looking to be successful? A company that is looking for happy employees? A company that is going to be successful long term? They say you have to spend money to make money; does this look like the type of company that is going to attract talent that will promote growth and build customer loyalty?

I sure am glad this is only imaginary. One might start to feel a bit jaded if this were to actually take place where they work.

1 comments:

JesBird said...

I'm sad now. I was already sad, but seeing it written out makes me more sad. Thanks a lot you happiness sucker. :)