A prime case study on how to ruin a retail company:
Profits from sales were down a bit, because some retail sales changed to the Internets.
Management switched salespersons from commission based pay to meager hourly wages.
Sales droped further.
Management fired long-term, experienced and expensive salespersons and hires unqualified but cheaper people instead.
Sales drop further.
Overpaid management gets fired.
New management finds the company is bankrupt.
Circuit City Fires 2,000 Workers to Cut Costs, Feb. 6, 2003 Circuit City Stores Inc. has fired 2,000 people, including salespeople at its outlet near Gateway Mall in Springfield, in a move to cut costs.
The electronics retailer announced it is firing 5 percent of its work force and also converting commissioned sales people to hourly pay.
Circuit City to Fire 3,400, Hire Less Costly Workers, March 28, 2007 Circuit City Stores Inc., the second-largest U.S. electronics retailer after Best Buy Co., fired 3,400 of its highest-paid hourly workers and will hire replacements willing to work for less. ... "Firing 3,400 of arguably the most successful sales people in the company could prove terrible for morale," Colin McGranahan, an analyst with Sanford Bernstein & Co., wrote in a note today. "The question remains as to whether Circuit City can rebuild in time for the all-important holiday season." ... Circuit City shares rose 35 cents to $19.23 at 4:18 p.m. in New York Stock Exchange composite trading. ... In 2003, Circuit City switched employees from commission- based pay to hourly pay, matching an earlier move by Best Buy. That switch had a "dramatically negative impact on sales," McGranahan said today.
Circuit City, Electronics Retailer, Seeks Bankruptcy , Nov. 10, 2008 The petition for Chapter 11 protection in U.S. Bankruptcy Court in Richmond, Virginia, listed $3.4 billion in assets and $2.32 billion in liabilities, driving the shares down 56 percent before the New York Stock Exchange halted trading. ... Circuit City fell 14 cents to 11 cents at 9:30 a.m. before the start of trading on the New York Stock Exchange. The NYSE halted buying and selling of the shares after the stock's early plunge. ... On Sept. 29, Circuit City reported a loss of $239.2 million that was more than triple from a year earlier after sales fell for the sixth straight quarter.
Without well motivated sales-persons any specialized retailer can only lose.
Here the shareholders lost too. No tears for them. Why did they not stop the disastrous management plans?
Only long term Circuit City CEO Philip Schoonover, who was only fired six weeks ago, made a fortune by ruining the company. He got more than twice per year of what successful retail chain CEO's got. From the second link:
Chief Executive Officer Philip Schoonover was paid $8.52
million in fiscal 2006, including a salary of $975,000. Best Buy
CEO
Education is a resource who's value is inflated through a systematized, artificial scarcity - especially at the graduate and post-grad levels.
Those with advanced degrees from 'elite' institutions have a vested interest in keeping their numbers limited and their relative status higher than their peers. This is graduated in degrees down through the system - which is designed and maintained by an economic and political elite to server their ends, maintained against the objectives of 'higher' learning by those most privileged.
What good did Harvard Business School education do for creating a better, more predictable and stable market environment? Nothing. This is one of a million examples. PhD. == Tool.
Prejudice is not race-ISM. Race-ISM is an institutionalized and systematic suppression and dis-enfranchisement of a specific racial/ethnic community - usually backed with state sanction, but not always so.
State support of racism is usually needed when the oppressed are in the majority - Like Aparthied South Africa or contemporary Israel. The need for state sponsorship of institutionalized racism was strong in the American south at the time of reconstruction.
As the US has internalized most of its racism in other, more subtle, cultural and psychological manifestations, the need for a racist state has receded. Racism is rampant, nonetheless - as is reckless racial prejudice.
It's all bullshit. You love everyone, or you are in some degree a devil on legs.
Your false assumption is that poverty is not racially skewed by deliberate policy and institutional/administrative bias.
Your false assumption is that laws are created, enforced, prosecuted and judged without racial bias.
Your false assumption again occurs because you do not read and understand. You do not actually know any black Americans, beyond casual acquaintance. Those who do know you quickly assess your typical white-privileged point-of-view, and discreetly avoid painful discussion with you.
Same crime, same circumstance, same geography and jurisdiction, Same courts and judges - all these assumed equal, whites are exonerated or released without incarceration at a national ratio of 5:1 compared to blacks.
So, what you are really saying, in your polite, water-cooler reasoning is "Niggers are criminals".
I hope your daughter falls in love with a black man, and that he loves her deeply, in return. Maybe the poison will stop there.
What, did the Chair Force suddenly run out of little brown babies and wedding parties to blow to smithereens in bloody, shredded chunks?
Now, they want to establish a way to control the medium through which the horrors of their mission are communicated.
Babykillers. That's the bottom line - cause freedom isn't free - you have to spend money on bullets for wogs, to rip it from their cold and lifeless hands.
China has killed the real number and per-capita difference in the US incarceration rate? Empiracal statistics, please!
>>> BTW, China adds insult to injury by charging the family of the prisoner who is executed a fine for the bullet that is used for the execution.
Reference, please? This was true of Iran, in the early revolutionary phase 79-81. I have heard this replicated, inaccurately, as a slur of many others since then.
Microsoft just released the Linux sources and RedHat RPMs for monitoring and management agents. There are all sorts of things happening there - not every one of them in the same direction.
The Open Source Lab at MS is really unexpected. It's tasked with a mission that surprises as many within the company as it does those outside.
They used to have a motto: "One Microsoft". That's like "One America" - on paper, yes. There are more differences within the company than in 50 states.
The details of my life are quite inconsequential... very well, where do I begin? My father was a relentlessly self-improving boulangerie owner from Belgium with low grade narcolepsy and a penchant for buggery. My mother was a fifteen year old French prostitute named Chloe with webbed feet. My father would womanize, he would drink. He would make outrageous claims like he invented the question mark. Sometimes he would accuse chestnuts of being lazy. The sort of general malaise that only the genius possess and the insane lament. My childhood was typical. Summers in Rangoon, luge lessons. In the spring we'd make meat helmets. When I was insolent I was placed in a burlap bag and beaten with reeds- pretty standard really. At the age of twelve I received my first scribe. At the age of fourteen a Zoroastrian named Vilma ritualistically shaved my testicles. There really is nothing like a shorn scrotum... it's breathtaking- I highly suggest you try it.
With frickin' laser beams attached to their heads! Now evidently my cycloptic colleague informs me that that cannot be done. Ah, would you remind me what I pay you people for, honestly? Throw me a bone here! What do we have?
Slashdot Mirror
Free country.
right.
Look at the US Government, for another startling example of this failure principle at work.
It's a disease! Just like teh gay!
It's the Phud's what train the ranks - and their immediate COs.
Main How To Ruin A Retail Company
A prime case study on how to ruin a retail company:
Without well motivated sales-persons any specialized retailer can only lose.
Here the shareholders lost too. No tears for them. Why did they not stop the disastrous management plans?
Only long term Circuit City CEO Philip Schoonover, who was only fired six weeks ago, made a fortune by ruining the company. He got more than twice per year of what successful retail chain CEO's got. From the second link:
Education is a resource who's value is inflated through a systematized, artificial scarcity - especially at the graduate and post-grad levels.
Those with advanced degrees from 'elite' institutions have a vested interest in keeping their numbers limited and their relative status higher than their peers. This is graduated in degrees down through the system - which is designed and maintained by an economic and political elite to server their ends, maintained against the objectives of 'higher' learning by those most privileged.
What good did Harvard Business School education do for creating a better, more predictable and stable market environment? Nothing. This is one of a million examples. PhD. == Tool.
My thoughts? Like a Pawn Shop in reverse-gear.
Now, where's my candy colored clown?
Don't FNORD forget the
candycoloredclown, candycoloredclown!
Welcome our new, robot overlords!
Candy colored clown! Candy colored clown!
A candy colored clown they call the sandman
Tiptoes to my room everynight
Just to sprinkle stardust and to whisper
Go to sleep, everything is alright
Right. But the mechanism is subtler, more internalized, than 'Jim Crow' laws, or Plessey vs. Ferguson cases.
"In Soviet Russia, Windows 3 discontinues YOU!"
That's why those letters now stand for Denial of Service. ;-)
Prejudice is not race-ISM. Race-ISM is an institutionalized and systematic suppression and dis-enfranchisement of a specific racial/ethnic community - usually backed with state sanction, but not always so.
State support of racism is usually needed when the oppressed are in the majority - Like Aparthied South Africa or contemporary Israel. The need for state sponsorship of institutionalized racism was strong in the American south at the time of reconstruction.
As the US has internalized most of its racism in other, more subtle, cultural and psychological manifestations, the need for a racist state has receded. Racism is rampant, nonetheless - as is reckless racial prejudice.
It's all bullshit. You love everyone, or you are in some degree a devil on legs.
"PEPSI" "CHALLENGE"
Now, where's my Hendrick's with a shake of Bitters?
Your false assumption is that poverty is not racially skewed by deliberate policy and institutional/administrative bias.
Your false assumption is that laws are created, enforced, prosecuted and judged without racial bias.
Your false assumption again occurs because you do not read and understand. You do not actually know any black Americans, beyond casual acquaintance. Those who do know you quickly assess your typical white-privileged point-of-view, and discreetly avoid painful discussion with you.
Same crime, same circumstance, same geography and jurisdiction, Same courts and judges - all these assumed equal, whites are exonerated or released without incarceration at a national ratio of 5:1 compared to blacks.
So, what you are really saying, in your polite, water-cooler reasoning is "Niggers are criminals".
I hope your daughter falls in love with a black man, and that he loves her deeply, in return. Maybe the poison will stop there.
What, did the Chair Force suddenly run out of little brown babies and wedding parties to blow to smithereens in bloody, shredded chunks?
Now, they want to establish a way to control the medium through which the horrors of their mission are communicated.
Babykillers. That's the bottom line - cause freedom isn't free - you have to spend money on bullets for wogs, to rip it from their cold and lifeless hands.
China has killed the real number and per-capita difference in the US incarceration rate? Empiracal statistics, please!
>>> BTW, China adds insult to injury by charging the family of the prisoner who is executed a fine for the bullet that is used for the execution.
Reference, please? This was true of Iran, in the early revolutionary phase 79-81. I have heard this replicated, inaccurately, as a slur of many others since then.
From Slavery to Mass Incarceration, the Role of Prisons in American Society
US has more incarcerated than China.
There is a profit motive and industry involved.
It also removes dissenting population from the socio-political equation.
I despise 'libruls' as much as 'conservtives'. Warring factions of sheep - herded on towards the same abotior.
Hard to call it paranoia, when Whitey rigs a legal system that puts 12 percent of black men in 20s and early 30s behind bars.
America is a bigger racist prison state than South Africa ever was -It just has better public relations because the bloody Boers are in the majority.
If all you ever read is WHITE men's opinions of BLACK life and reality, I am sure you will consider yourself informed. But you will never KNOW.
Signed,
A LOVE Supreme.
Microsoft just released the Linux sources and RedHat RPMs for monitoring and management agents. There are all sorts of things happening there - not every one of them in the same direction.
The Open Source Lab at MS is really unexpected. It's tasked with a mission that surprises as many within the company as it does those outside.
They used to have a motto: "One Microsoft". That's like "One America" - on paper, yes. There are more differences within the company than in 50 states.
in a cloud of dreams by Richard Stallman!
It's the same percentage in the state that view the Flintstones as a documentary - and know that the world is flat, 'cos things don't fall off of it.
The details of my life are quite inconsequential... very well, where do I begin? My father was a relentlessly self-improving boulangerie owner from Belgium with low grade narcolepsy and a penchant for buggery. My mother was a fifteen year old French prostitute named Chloe with webbed feet. My father would womanize, he would drink. He would make outrageous claims like he invented the question mark. Sometimes he would accuse chestnuts of being lazy. The sort of general malaise that only the genius possess and the insane lament. My childhood was typical. Summers in Rangoon, luge lessons. In the spring we'd make meat helmets. When I was insolent I was placed in a burlap bag and beaten with reeds- pretty standard really. At the age of twelve I received my first scribe. At the age of fourteen a Zoroastrian named Vilma ritualistically shaved my testicles. There really is nothing like a shorn scrotum... it's breathtaking- I highly suggest you try it.
With frickin' laser beams attached to their heads! Now evidently my cycloptic colleague informs me that that cannot be done. Ah, would you remind me what I pay you people for, honestly? Throw me a bone here! What do we have?
Ballmer: "Sea Bass"