Tuesday, October 02, 2007

Corporate America's Fantasy World

Corporate America management live in a fantasy land. They lie and mislead Wall Street analysts to benefit their stock. I mean their stock as in their shares and their bank account.

They claim to believe every month will be better than the current month. Constant growth is not realistic. People who claim such cannot be trusted.

Every company will cease to grow someday and when they stop they will have to be managed differently than when they were a growing and expanding company.

Sam Walton had an idea that has long since been copied by competitors. It is time for another idea.

Corporations cannot pay people so they live at or near poverty level and expect loyalty. You can not put unqualified people into management positions just because they of their gender or their race just to placate the public. If you doubt that look at Wal-Mart.

Wal-Mart is passed its prime and new managment strategies and expectations must be developed.

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