|
Tractor Talk Discussion Board |
Re: Re: Re: Re: Re: Re: Re: My buddy got a good screwin' at the JD dealer today
[ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by The Dukester on December 10, 2002 at 18:29:32 from (65.89.18.161):
In Reply to: Re: Re: Re: Re: Re: Re: My buddy got a good screwin' at the JD dealer today posted by I'd suggest that you............. on December 09, 2002 at 17:47:14:
Funny, I read that book and it seemed to me that poor management from the top echelon caused IH's financial failure and eventual demise. Starting with John McCaffrey, the sales controlled and driven top management force had products marketed that did not get the necessary field testing and subsequent modifications required to maintain the standards of quality acceptable to their customer base. The company had a long history of being burdened with a substantial debt load which required a consistent high cash flow to keep payments current. Interest rates went high, sales suffered because of the questionable quality reputation and a poor ag economy in the early 1980's. This resulted in a serious cash shortage in the company resulting in more money being borrowed by the shortsighted, overly optimistic management team then in charge. The strike was terrible, but the coffin had been closed, the strike just drove in a few nails. The engineers and hourly workers didn't wreck IH, it was done at higher levels by people with a lot more authority and control.
Follow Ups:
Home
| Forums
Today's Featured Article -
12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co.
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. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
