A Modern Parable: The Auto Industry bailout

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  • SilentKnight
    Megan Fox's fluffer
    • Oct 2005
    • 24818

    #1

    A Modern Parable: The Auto Industry bailout

    A MODERN PARABLE . . .

    A Japanese company ( Toyota ) and an American company
    (Ford) decided to have a canoe race on the Missouri River.

    Both teams practiced long and hard to reach their peak performance
    before the race.

    On the big day, the Japanese won by a mile.

    The Americans, very discouraged and depressed, decided to investigate the
    reason for the crushing defeat. A management team made up of senior
    management was formed to investigate and recommend appropriate action.

    Their conclusion was the Japanese had 8 people rowing and 1 person steering,
    while the American team had 8 people steering and 1 person rowing.

    Feeling a deeper study was in order, American management hired a consulting
    company and paid them a large amount of money for a second opinion.

    They advised, of course, that too many people were steering the boat, while
    not enough people were rowing.

    Not sure of how to utilize that information, but wanting to prevent another
    loss to the Japanese, the rowing team's management structure was totally
    reorganized to 4 steering supervisors, 3 area steering superintendents, and
    1 assistant superintendent steering manager.

    They also implemented a new performance system that would give the 1 person
    rowing the boat greater incentive to work harder. It was called the
    'Rowing Team
    Quality First Program,' with meetings, dinners, and free pens for the rower.
    There was discussion of getting a new paddle , canoes, and other equipment,
    extra vacation days for practices and bonuses.

    The next year the Japanese won by two miles.

    Humiliated, the American management laid off the rower for poor performance,
    halted development of a new canoe, sold the paddle, and canceled all capital
    investments for new equipment. The money saved was distributed to the

    Senior Executives as bonuses and the next year's racing team was out-sourced
    to India.


    Sadly, The End.

    Here's something else to think about:

    Ford has spent the last thirty years moving all its
    factories out of the US, claiming they can't make money paying American wages.


    TOYOTA has spent the last thirty years building more than
    a dozen plants inside the US. The last quarter's results:


    TOYOTA makes 4 billion in profits while Ford racked up 9
    billion in losses.


    Ford folks are still scratching their heads,and are now
    applying for a "BAIL OUT"!
  • marketsmart
    HOMICIDAL TROLL KILLER
    • Dec 2004
    • 20419

    #2
    thats a great story.. it needs to be dumbed down a bit more for the average american to understand it..

    if most americans knew the simplified reasons for a lot of the economic issues, i have a feeling that they would march down to washington and burn it to the ground..

    Comment

    • aico
      Moo Moo Cow
      • Mar 2004
      • 14748

      #3
      All you need to do is watch the movie Gung Ho, its all there, except for the fake ending where they succeed.

      Comment

      • Machete_
        WINNING!
        • Oct 2002
        • 14579

        #4
        It's insane to watch companies send their production outside the country, and then import it back in. ALL the money is being send out of the country, and its creating a really fucked up trade deficit - and now they try and fix it by borrowing more money from the FED... who are these people?

        The best thing you can do is, buy Japanese cars build in the US, and let GM and Ford go bankrupt. The chinese or someone from India will buy whats left over, but at least its not costing the Taxpayers as much.

        Comment

        • Machete_
          WINNING!
          • Oct 2002
          • 14579

          #5
          Last edited by Machete_; 11-27-2008, 02:38 PM.

          Comment

          • SilentKnight
            Megan Fox's fluffer
            • Oct 2005
            • 24818

            #6
            The key difference between TOYOTA and the big three American automakers?

            UNIONS.

            Period.

            Comment

            • aico
              Moo Moo Cow
              • Mar 2004
              • 14748

              #7
              Originally posted by SilentKnight
              The key difference between TOYOTA and the big three American automakers?

              UNIONS.

              Period.
              Yep, I am actually surprised the Japanese have not gotten into the jetliner business.

              Comment

              • Machete_
                WINNING!
                • Oct 2002
                • 14579

                #8
                Originally posted by aico
                Yep, I am actually surprised the Japanese have not gotten into the jetliner business.
                plenty of planes get build in japan Kawasaki was (and is) one of the companies that helped push the aviation business further, and spread the knowledge to the mainstream corporate production

                Comment

                • marketsmart
                  HOMICIDAL TROLL KILLER
                  • Dec 2004
                  • 20419

                  #9
                  Originally posted by aico
                  Yep, I am actually surprised the Japanese have not gotten into the jetliner business.
                  honda is producing a micro jet...

                  Comment

                  • Machete_
                    WINNING!
                    • Oct 2002
                    • 14579

                    #10
                    And if you look at the electronics in most planes(exept russian), you will see the JAE brand on it = Japan Aviation Electronics

                    Comment

                    • aico
                      Moo Moo Cow
                      • Mar 2004
                      • 14748

                      #11
                      Originally posted by ebus_dk
                      plenty of planes get build in japan Kawasaki was (and is) one of the companies that helped push the aviation business further, and spread the knowledge to the mainstream corporate production
                      I mean more like Boeing and Airbus, commercial airliners.

                      Comment

                      • Machete_
                        WINNING!
                        • Oct 2002
                        • 14579

                        #12
                        Originally posted by aico
                        I mean more like Boeing and Airbus, commercial airliners.
                        Most of the Boeing 767 and 777 are build by Kawasaki, and some of the larger Embraer's as well. It's just not labeled as Kawasaki.

                        Comment

                        • Pleasurepays
                          BANNED - SUPPORTING TUBES
                          • Aug 2002
                          • 11913

                          #13
                          Originally posted by SilentKnight
                          Here's something else to think about:

                          Ford has spent the last thirty years moving all its
                          factories out of the US, claiming they can't make money paying American wages.


                          TOYOTA has spent the last thirty years building more than
                          a dozen plants inside the US. The last quarter's results:


                          TOYOTA makes 4 billion in profits while Ford racked up 9
                          billion in losses.


                          Ford folks are still scratching their heads,and are now
                          applying for a "BAIL OUT"!
                          there is no way that people could have seen what i've seen in my lifetime of growing up with a whole family and all their friends in unions and not understand how totally counter productive they are to business without being a totally useless human being or 1/2 communist. period.

                          and good for the Japanese... they brought much more efficient methods of production to the country where they beat the big 3 at their own game and build factories here to save additional costs and drive them right into the ground.

                          i hope the big 3 auto manufacturers die. they are a massive symbol of much that is wrong with our economy and workers mentality.

                          the US has been losing to the Japanese for over a couple decades... time to call it what it is... pull the plug on these idiots and move on.

                          I'm 38 and i haven't owned an American car since i was 19. Given what i am seeing today with a bunch of retarded jackasses and unions asking for billions of my tax money to subsidize their incompetence and ineptitude and laziness, i will never buy an American car in my life.

                          Comment

                          • BlackCrayon
                            Too lazy to set a custom title
                            • Jun 2003
                            • 19634

                            #14
                            Originally posted by Pleasurepays
                            there is no way that people could have seen what i've seen in my lifetime of growing up with a whole family and all their friends in unions and not understand how totally counter productive they are to business without being a totally useless human being or 1/2 communist. period.

                            and good for the Japanese... they brought much more efficient methods of production to the country where they beat the big 3 at their own game and build factories here to save additional costs and drive them right into the ground.

                            i hope the big 3 auto manufacturers die. they are a massive symbol of much that is wrong with our economy and workers mentality.

                            the US has been losing to the Japanese for over a couple decades... time to call it what it is... pull the plug on these idiots and move on.

                            I'm 38 and i haven't owned an American car since i was 19. Given what i am seeing today with a bunch of retarded jackasses and unions asking for billions of my tax money to subsidize their incompetence and ineptitude and laziness, i will never buy an American car in my life.
                            Unions once served a purpose. Working conditions were terrible in the pre-union days. I'm not sure what would happen if they were gone. Would workers lose some of the rights they have gained since unions have been around? I don't know but they at least need to be reformed if they don't want to continue to be a drag on business. Anyways, its impossible for American/Canadian companies to compete with cheap foreign labour, unions or no unions.
                            you don't know you're wearing a leash if you sit by the peg all day..

                            Comment

                            • Pleasurepays
                              BANNED - SUPPORTING TUBES
                              • Aug 2002
                              • 11913

                              #15
                              Originally posted by BlackCrayon
                              Unions once served a purpose. Working conditions were terrible in the pre-union days.
                              "once" - agreed.


                              I'm not sure what would happen if they were gone. Would workers lose some of the rights they have gained since unions have been around?
                              what rights? you mean the ones that contemporary labor laws and safety standards guarantee?

                              I don't know but they at least need to be reformed if they don't want to continue to be a drag on business. Anyways, its impossible for American/Canadian companies to compete with cheap foreign labour, unions or no unions.
                              unions can't be "reformed" in my opinion... the very existence of a union and its M.O. is predicated on the idea that "its us against them and we're being treated unfairly and the Union can save you". you can't "reform" that mentality... anymore than you can compromise with an islamic extremist who wants you dead because you don't share his beliefs.

                              Comment

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