Comments on: Is it the economy or is it too much growth too fast

By: Farhan

Farhan — Mon, 17 Nov 2008 15:33:55 +0000

Don’t think it’s all about individual greed when it comes to expansion of the business. Think the corporate culture plays a role and the idea that getting bigger means your getting better. Although sure individuals play a huge part but leaders lead, and set the tone, let the others in the org know what’s acceptable and what’s not.

By: Aneez

Aneez — Sun, 16 Nov 2008 22:11:31 +0000

It’s all about individual greed. Corporations don’t make business decisions, people do, and usually it’s about lining pockets with profits whatever the economy looks like.

Read The Lorax.

By: karim kanji

karim kanji — Thu, 13 Nov 2008 16:18:21 +0000

With most companies in the news today being public companies I think we can add a number of things to this discussion.

First – public companies answer to the shareholders. They want ROI. The answer in “these times” is to do the quick thing: Lay people off.

Second – Most of these companies need financing. So, they show the bank their plan and the bank says “you have too much expenses.” The easy way out? Layoffs.

In good times and bad, these corporations have to always answer to these 2 “business partners”.

Hey, like Aerosmith says, “Don’t get mad, get even!”

By: Farhan

Farhan — Wed, 12 Nov 2008 17:23:47 +0000

Thanks Andrew, wrote it because I’m getting a bit tired of big companies with piles of cash and access to capital blaming the economy for having to downsize by 5-15% if not more. It seems like such an excuse for too much growth too fast.

By: Andrew

Andrew — Wed, 12 Nov 2008 17:18:05 +0000

Ouch. Great post, Farhan.

The number of people who think ‘bigger’ is synonymous with ‘better’ – or that the latter comes free with the former – is simply frightening.