Listen to this:
Junk food elicits addictive behavior in rats similar to the behaviors of rats addicted to heroin, a new study finds. Pleasure centers in the brains of rats addicted to high-fat, high-calorie diets became less responsive as the binging wore on, making the rats consume more and more food. The results, presented October 20 at the Society for Neuroscience’s annual meeting, may help explain the changes in the brain that lead people to overeat.
So is this another example of addiction as a business strategy – similar to what the tobacco companies were doing earlier?
Maybe that’s why the IT geeks have such a hard time implementing Lean IT >>
Will They Never Learn? Hyatt goes down the Circuit City Road to Brand Destruction
Stupidity is not learning from the mistakes of the past.
Now we see Hyatt Hotels destroying themselves in much the same way that Circuit City did before them.
What is it with these management decisions?
Paul Michelman describes the two-step process:
1. Make the decision to fire a very important yet modestly paid sector of your workforce. Fire the entire lot of them.
2. Outsource their positions to a third-party vendor who will bring in contractors to do their jobs at a lower cost. But — and this is critical — before you fire them, trick your workers into training the people who will replace them. How to pull this neat trick off? Tell them they are training vacation replacements. (Best to leave out the fact that the vacation is permanent).
Nice job.
A while back I had written about similar stupidity from Circuit City and the results of their brilliance. Same plot, same results.
How can a company compete when they turn their employees into disengaged zombies? This is an old management problem. Peter “The Great” Drucker believed that employees are assets and not liabilities. Too bad there are so many businesses that haven’t yet learned the cost of treating employees as costs.
And once again, I’m sure these executives are paid “well above the market-based salary range for their role.”