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November 22, 2007

 

Computer Era Corporate Innovations

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From "Innovations of the Paperless Age", Cognitorex Press.

Hire basic labor force at less than full time thereby shedding the cost of health care, pensions and seniority benefits. Transfer savings to executive management.

Transfer previously tax paying internal accounting divisions to Offshore Tax Havens. Transfer savings to executive management.

Underfund pension obligations, then enter bankruptcy to avoid promised worker retirement benefits. Transfer savings to executive management.


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Comments:
You have captured the essence of an MBA degree in a few sentences!
 
Found you through FranIam. You really summed up corporate America in this short post. Really sad state of affairs in this country.
 
welcome mauigirl believe I have seen you at Kvatch as well as FranIAm...again welcome
 
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