Car of the day…
Now for Today:
L There are times, due to complacent
management, an idea of product fails. I must tell you that to see Sears and
Roebuck biting the dust seems IMPOSSIBLE for older people. Sears was the Amazon
and Walmart combined in its day.
Success? The BOSS gets the
credit, FAILURE the Boss gets the credit. It has always been that way in life.
The country’s doing well, the President gets the credit, if there is a
Depression? Remember Herbert Hoover? A
good man but he gets the credit for the Depression and a famous food called ‘Hoover
Gravy’ by poor folks. A Gravy for your bread made from flour and water. It was
Breakfast and at times dinner for millions of people.
The Studebaker name was on wagons 1850s. Studebaker built its first car in 1902 before Henry
Ford in 1903. The first Studebakers were electric, before their time, right?
The Studebaker Corp died in 1967.
Strange, because they had so many innovations over the years. In their last
breaths they tried to join with Packard, another ‘once great’ car manufacturer.
They tried the Packardbaker car but it was too late. Poor management and lack
of forward thinking allowed Ford and GM to go forward. Chrysler about died, but
hung in there.
I was asked a few years ago as
we were talking about K-Mart dying. "Do you think Walmart will fail?" YES, Unless they
can come up with a miracle they will. Companies get to the point management
thinks NO ONE can touch us, WRONG.
K-Mart had stores, supply trucks, service routes set up and
in place before Walmart had a store, yet they were caught with their pants
down.
Usually the CEO and upper
management have a golden parachute, and end well, but lower management and
workers must look for another job. That is usually working for the ones that
put their company out of business.
It is good to receive accolades, but in the US NAVY it was
well known that one ‘OH SH-T’ can wipe out 100 ‘Atta Boys!’
Nite Shipslog
PS: I had completed this
entry and it was absolutely too long. If you like, tune tomorrow for the ‘Rest of the Story.’
PS2:
Socrates said: Smart people learn from
everything and everyone, average people from their experiences, stupid people
already have all the answers.
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3 comments:
Yes, it was sad to see the Sears store go. I think they all have their spot in popularity. Now more are doing internet shopping and we can only imagine where that might go. I can't see the popularity of it wearing off any time soon. But it used to be our shopping malls were the big thing with everything indoors and now they are disappearing. As long as new inventions keep coming along, there will be more changes coming.
I didn't patronize K-Mart as much I did Sears ... and Montgomery Wards, too. (My son's father sold carpet for both!)
Sad to say, I wouldn't be surprised to see Wal-Mart crumble. Hard to believe (their) employees' attitudes are so poor, like they don't even care any longer. I've a blog friend who worked in WM management (in NY) and the stories Linda's told about corporate v. the stores are sure depressing.
How about the U.S. Postal Service?
Often, top management becomes detached from what is happening at the grass roots; and what the customer really wants.
"Customers are a nuisance. We could run a perfect business if it were not for customers!" ( V Moubarak - Thinker Sitting Down).
God bless.
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