Posted on 01/01/2006 3:06:28 PM PST by flixxx
Walmart is the devil!
:) HA!
It's Bush's Fault!
I thought it was Karl Rove's?
Barone is the best. Why is Walmart successful? Speed and flexibility. Especially speed to able to adapt quickly. In the modern business world, speed = strength.
"Attention Wal-Mart bashers..."
As recently as 2003 GM's net income was in excess of $4 billion dollars. It had unions then. It had pension and health care costs then, too. It also had products which people wanted to buy. In the last three years as the cost of fuel has doubled the big honking SUVs that GM made so much money on and which it bet it's future on have lost a lot of their lusture, and GM management never positioned itself for the next round of new products. You have to blame the leadership for that more than the unions or the health care costs.
The Wal-Mart Model
The Wal-Mart model is based in no small part on what has become the corporate model for the entire country. Employees are not assets, they're liabilities. Keep salaries low, discourage long term employees, and never stop looking for ways to cut what benefits you do offer. Companies like Costco sell their products just as cheaply as Sam's Club, their stock price is doing a lot better that Wal-Mart, and they provide a much higher salary and quality of benefits to more of their employees than Wal-Mart does. They find that these costs are more than offset by reduced recruiting and training costs, the ability to attract a higher quality of employee thus needing fewer of them, and possibly through increased customer satisfaction.
Cheap whine spill in Aisle Three!
You're both wrong. Everyone knows it's the Whitehouse nightshift pastry chef.
Costco also fires employees for their moral convictions. In Canada a guy lost his job when his Knights of Columbus hall wouldn't rent out to another Costco employee for her gay "wedding reception."
If I remember right, GM had nothing but negative coverage back in the 1970's when it had 60% share of the market. There were plenty of left wingers saying GM had to be broken up by the government in order for its competitors to survive. Looks like the left is against whoever is on top at a given point in time.
I was just checking the threads while my wife is out at Walmart. She had to return to the store since the Electric razor/trimmer we bought to cut our sons hair was already used.
Imagine opening a new product, or so you think and seeing someone elses hair come tumbling out. I told her to just return it as I'll pay the extra $2 for a clean product from Target.
Not that it will affect their overall success but that can turn you off to the whole chain.
Wal-Mart treats its employees fairly. If they have a problem, they can talk to anyone in management. They don't need a union to hold their hand and nobody is holding a gun to their head demanding that they work there.
Keep salaries low, discourage long term employees, and never stop looking for ways to cut what benefits you do offer.
Most Wal-Mart employees are part-time (students or those using Wal-Mart as a second job) or semi-retirees. They either refuse to take the benefits, are ineligible for them because they're new hires or some other reason (not because of Wal-Mart) or already have benefits. As for long term employees, please - Wal-Mart is one of the few companies that strongly promotes from within. A lowly cart pusher can work his way up into assistant manager, for example.
Excellent article.
That's not germane to Wal-Mart being the pre-eminent employer in the nation and earning $10 billion in profit.
ROFLMSS!!!!!
Dang and this looked so much like a thread with great potential :)
Bumping for Monday Morning Coffee Break. :)
Works for me!!!
See you in the morning :)
They will come out the woodwork with the same old tired phrases, you know the ones---ALL they sell is stuff made in China, etc...... Can't wait for the old tough guy, Kelly, to start the insults again.
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