Old 23rd Jan 2015, 09:10
  #15914 (permalink)  
Hempy
 
Join Date: Oct 2002
Location: ɐıןɐɹʇsn∀
Posts: 1,960
This 'carry business at all cost' mentality is self defeating. Markets change, companies that don't evolve become unprofitable regardless of any attempts to stubbornly stick to 'best practice' and either 'restructure' or sack their workforce just to make the books look good.

The GFC was a classic. Governments pouring millions of taxpayers dollars into keeping BANKS afloat!! (in a crisis they created..... )

If you can't run your business at a 'reasonable' profit in accordance with good employee/customer relations, don't be surprised if subsequent poor treatment of said employees/customers has repercussions.

If you can't run your business at a profit AT ALL, you are a bad business. Get out, supply and demand requires that someone smarter will take up where you left off.

Last edited by Hempy; 23rd Jan 2015 at 09:20.
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