The Post-Dot-Com US Business Model

[Centrisms Voice]

Here's the playbook the nation's CFOs have been using over the past several years:

1. Fire everyone who knows what they're doing. They are too expensive.
2. Replace them with employees who don't know what they're doing, at no more than half the cost. This translates into huge savings and more profits.
3. Disregard all customer complaints about quality, because customers will always buy from the cheapest supplier, regardless of how bad their quality is.


(And we're wondering why the economy remains in such bad shape?)

[DJ13]

1. Were you a former board member for Circuit City?

That sounds exactly like the winning strategy they used to go out of business.

[leveymg]

2. Don't forget that failure is its own reward in a system that hands out big bailouts to big screwups.

Just make sure your business is so hugely in-debt and over-leveraged that its demise might arguably trigger a systemic collapse. Then, buy a bunch of CDS that will pay-off once the business collapses.

Finally, have the Treasury pay for your learned incompetence. Now we're talkin' Harvard Business School Case Study!

:party:

[targetpractice]

3. This is the strategy behind Spirit Airlines...

I've never dealt with a company that overtly practices this strategy... I used them to flay to Cancun for a wedding. I'm getting nauseous just thinking about my experience.

[dixiegrrrrl]

4. The Dilbert Principle, in action.

And do add that half the time, the people being fired were forced to train the cheap replacements.

Now, I would have found that tooo tempting, myself.

[Centrisms Voice]

5. That never matters much.

The cheap replacements will never do their jobs competently (at least not without years of experience), regardless of whether you train them to do so or not.

[comtec]

6. Of course not

because the people writing the documentation, probably, and wisely, put in flaws that only a competent tech can see past.
additionally people with too much knowledge and experience actually miss steps the average clutz needs desperately.

Additionally a very good tech/phone supporter, will realize what fucking idiots their bosses, or higher-ups are.

MY boss is actually great. the perfect example of the peter principle.

Sadly my higher ups above him tend to prove the Dilbert principle!!!

Which is especially depressing because my company has NEVER had to fight for market share. and now that it does, they don't really seem to understand bending to client needs, as opposed to making client bend to our tech. limits (which are executive imposed, not technological ones)

I'm grateful that i still HAVE a job tho. Pissed as I am at management, it beats being unemployed... but some days...

[midnight]

7. It explains why things run so poorly.