Posted by Duane WI on February 19, 2016 at 10:44:44 from (69.29.254.39):
In Reply to: OT Super Mergers posted by David G on February 19, 2016 at 05:33:22:
These are companies trying to find a way to continue making profits so they can stay in business. These things don't happen because they are making money hand over fist. At least the company being sold isn't. The buyers might be. Yes they lead to cuts, factory closures, people loose their jobs. The other side is the businesses completely fail and everyone looses their job. So lets blame management. Yes indeed they had something to do with this. They couldn't find a way to right the ship. They have been watching the ship slowly sink for years and to be honest working really hard to not let it sink. I doubt they sat back and said lets watch it sink so we can sell the business. They failed to figure it out before it got too far. We have hind sight now to tell them what they should have done. Running a real business looking at the unknown in tomorrow is much harder than running it from the side lines looking at yesterday.
Sometime the biggest failure in management is making some hard decision early on before they become bigger problems and hurt more people. I was part of the management of a small company years ago. We had to sell out. Looking back and learning from life's lessons we should have cut the business in half early on and focused on what we could make money at. We didn't. We didn't have the heart to make that hard decision and let people go. The business got sold and they moved what they wanted and shut it down. In the end everyone lost their job.
I don't know anything about the Dow Dupont thing. I do have some vision into the Kraft Heinz and MillerCoors stuff. I do project engineering work for both companies. They have been going through continuous reorganizations for years. New managers come in and old ones out. Reshuffle the business. They knew they had problems and worked to fix it they just failed to do so.
I don't think it hurts consumers. We have a lot of choices. We benefitted from the tough competition keeping prices down that leads to businesses closing and getting sold. The problem is we over benefited to the demise of the company. Now the pendulum swings back and prices go up and the cycle repeats. Overall we stay in balance.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
