Thread regarding Qualcomm Inc. layoffs

In case somebody didn't see this...

Found this in latest posts the other day and laughed my a-- off. Not sure anything described us better:

A Japanese company and a North American company decided to have a canoe race on the St. Lawrence 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 North 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 North American team had 8 people steering and 1 person rowing. So, North American management hired a consulting company and paid them a large amount of money for a second opinion.

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

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 new paddles, canoes and other equipment, along with extra vacation days for practices, and bonuses.

The next year the Japanese won by two miles. Humiliated, the North American management laid off the rower for poor performance, halted development of a new canoe, sold the paddles, and canceled all capital investments in new equipment. The money saved was distributed to the Senior Executives as bonuses and the next year’s racing team was outsourced to India.”

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| 1581 views | | 7 replies (last September 14, 2018) | Reply
Post ID: @OP+V7jKtIx

7 replies (most recent on top)

Misconstrued to say the least. So you see all them were rowers at some point back in college. Then they graduated and started their rower careers. Heck, some rowed so hard they even competed across the pacific. Then got promoted to senior rower after many races. The more they rowed the higher the went up the stream, from staff rowers to senior staff rowers. The ones that rowed in the middle became director rowers. They were all rowers at heart which is why none of them considered themselves as steering. Yet all they knew to do was to steer from an early age. "A VP ill be" one said, but only if I keep my rower title...

This would be a great compliment to the rowing team case study from HBR.

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Post ID: @2hke+V7jKtIx

Well done

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Post ID: @2wmy+V7jKtIx

Perfect!

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Post ID: @1yol+V7jKtIx

Lol

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Post ID: @1qiz+V7jKtIx

Bravo indeed!

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Post ID: @1njk+V7jKtIx

Finally a good post after all these months. Bravo.

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Post ID: @1mcx+V7jKtIx

OMG LMAO that's so true of Q haha!

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Post ID: @ixv+V7jKtIx

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