Originally Posted by
Kent A Bathurst
Yep. Absolutely.
Either that or the death of another hidebound old-line corporation that could not figure out how to avoid being eaten by the efficient capitalist competition.
Many years ago my employer was one of those old stodgy companies. Whenever someone would suggest doing something a different way the standard reply was, "we have always done it this way and it still works." They downsized and ended up being devoured by a company with a more modern approach to the market. At one time it had the biggest steel casting facility west of the Mississippi River. My recollection is when they closed there were about 2,000 people put out of work.
There were a lot of little changes that could have been made along the way to keep them in business, but that wasn't they way they did things.
jtk
"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."
- Sir Winston Churchill (1874-1965)