Epic Fail for Chrysler Management

[The_Blur]

Originally Posted by Kyle2k

To me it all goes back to the saying, "just because you can doesn't mean you should"

I think it is important to add the following image of catastrophic failure.

[GTAHVIT]

Originally Posted by Kyle2k

To me it all goes back to the saying, "just because you can doesn't mean you should"

As long as you intend to apply that saying to both parties involved. What If I offered you a million dollars to mow my yard l(less than 1/4 acre). Which one of us is dumb?

I could employ hundreds of employees for that amount of money. Or I could just give it to you.

I'd say that I'm the dummy. Just because I can spend 1 mil on a lawn service, doesn't mean I should.

The question is: Would you take the money and do it yourself? Or would you hire and pay employees to do it for you at extreme salaries?

If you took the money, you'd be a greedy executive. If you hired people and paid them super high salaries for yard work you'd be dumb like me...

Not to pick on you Kyle,

I'm really using this example to show that it's a little more complicated than it appears on the surface. Bottom line is in situations like this, all parties involved are at fault. If you don't want to pay execs big salaries, don't hire expensive execs....

[The_Blur]

Originally Posted by gtahvit

As long as you intend to apply that saying to both parties involved. What If I offered you a million dollars to mow my yard l(less than 1/4 acre). Which one of us is dumb?

I could employ hundreds of employees for that amount of money. Or I could just give it to you.

I'd say that I'm the dummy. Just because I can spend 1 mil on a lawn service, doesn't mean I should.

The question is: Would you take the money and do it yourself? Or would you hire and pay employees to do it for you at extreme salaries?

If you took the money, you'd be a greedy executive. If you hired people and paid them super high salaries for yard work you'd be dumb like me...

Not to pick on you Kyle,

I'm really using this example to show that it's a little more complicated than it appears on the surface. Bottom line is in situations like this, all parties involved are at fault. If you don't want to pay execs big salaries, don't hire expensive execs....

Maybe the wording is wrong. Just because Chrysler's executives can get paid now doesn't mean they should be paid now. They should get their bonuses when they are not about to be acquired, shut down, or bankrupt. Therefore, I post another image of preposterous failure.

[Wm Holden]

big commisions buys big sharks...big sharks take big bites...big bites= big profits
Big profits = kept jobs

vicious circle of life.

[Kyle2k]

Originally Posted by gtahvit

As long as you intend to apply that saying to both parties involved. What If I offered you a million dollars to mow my yard l(less than 1/4 acre). Which one of us is dumb?

I could employ hundreds of employees for that amount of money. Or I could just give it to you.

I'd say that I'm the dummy. Just because I can spend 1 mil on a lawn service, doesn't mean I should.

The question is: Would you take the money and do it yourself? Or would you hire and pay employees to do it for you at extreme salaries?

If you took the money, you'd be a greedy executive. If you hired people and paid them super high salaries for yard work you'd be dumb like me...

Not to pick on you Kyle,

I'm really using this example to show that it's a little more complicated than it appears on the surface. Bottom line is in situations like this, all parties involved are at fault. If you don't want to pay execs big salaries, don't hire expensive execs....

Oh for sure, I just think it was a lack of foresight, or whatever you want to call it on the board of directors or whoever is in charge of Chrysler.

[Wm Holden]

Bed bath and beyond is bankrupt because of it's poor hiring practices.
They hire cheap labor and cheap labor ripped them off blind and mismanaged the store on an epic level.

it's quite a double edged sword.

[GTAHVIT]

Originally Posted by The_Blur

Maybe the wording is wrong. Just because Chrysler's executives can get paid now doesn't mean they should be paid now. They should get their bonuses when they are not about to be acquired, shut down, or bankrupt. Therefore, I post another image of preposterous failure.

No it doesn't. But it does mean they are entitled to be paid. They have every right to take the money. Not that they should.

So, I pose the same question to you. I am offering you a contract to mow my lawn for 1 mil for a single summer (3 months). How you decide to do it is up to you.

Do you accept the contract and if you do, how do you spend the money?

[Mr. Wyndham]

How good of a mower is he?
Will he use sissors, or a tractor-pulled mower?

[Hylton]

Originally Posted by gtahvit

No it doesn't. But it does mean they are entitled to be paid. They have every right to take the money. Not that they should.

So, I pose the same question to you. I am offering you a contract to mow my lawn for 1 mil for a single summer (3 months). How you decide to do it is up to you.

Do you accept the contract and if you do, how do you spend the money?

I'd hire a couple of neighborhood kids while I spend the summer in Hawaii......

[GTAHVIT]

Originally Posted by Dragoneye

How good of a mower is he?
Will he use sissors, or a tractor-pulled mower?

Originally Posted by Hylton

I'd hire a couple of neighborhood kids while I spend the summer in Hawaii......

[The_Blur]

Originally Posted by Wm Holden

big commisions buys big sharks...big sharks take big bites...big bites= big profits
Big profits = kept jobs

vicious circle of life.

We're talking about Chrysler, not Donald Trump. Of all the companies to spend on the best executives, I think its clear that Chrysler isn't the leader. This is the company that just departed from Daimler and got acquired by a private equity firm that doesn't even want to sell cars.

What makes me so angry about this is the fact that Chrysler deserves the least in bonuses. These are the same guys that Daimler deemed worthless and supposedly couldn't run a company. This is why they can't run a company. They put themselves first. Where's the teamwork? Every business that has ever employed me asked if I was a team player. This is hypocrisy—epic fail for Chrysler management.

Originally Posted by gtahvit

No it doesn't. But it does mean they are entitled to be paid. They have every right to take the money. Not that they should.

So, I pose the same question to you. I am offering you a contract to mow my lawn for 1 mil for a single summer (3 months). How you decide to do it is up to you.

Do you accept the contract and if you do, how do you spend the money?

I would do the work, buy a Camaro daily driver, buy a ZR1 track monster, invest heavily in GM, and donate a quarter of it to charity. If I get free money, so do a bunch of people who need it.

[Wm Holden]

the Shark method of profit gouging is short lived high volume.

I KNOW first hand this is the chrysler way because I worked at dodge for a few years.

ALWAYS get an extra dollar today....even if it means tommorrow you may have to spend two... to fix it.

[DGthe3]

As a gesture, they shouldn't take the money. Its not going to do anything one way or the other, not in real terms at least. A few mil means nothing next to several billion.

[The_Blur]

Originally Posted by DGthe3

As a gesture, they shouldn't take the money. Its not going to do anything one way or the other, not in real terms at least. A few mil means nothing next to several billion.

I know the money won't save Chrysler or anyone else for that matter, but it represents the greed of corporate executives. Besides, it's almost personal for me because I feel cheated as someone coming out of college into this disastrous economy. To make it worse, I'm seeking employment in sales, and everyone whose ever worked above me talks about earning my way and not getting paid without reward. I was raised to work hard for my money, and that means fulfilling the objectives of my job. When Chrysler is in the toilet, accepting money shows that the work ethic of some superiors is nothing compared to that of those who will never be able to work their way behind the CEO's desk, and that frustrates me because I believe that you should work for your pay.

Executives without work ethic fail, so in the tradition of my previous posts in this thread, I post a picture of failure.