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View Diary: Walmart Blames Food Stamp Cuts for Low Profits, Ignores Low Wages as Factor (36 comments)

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  •  and Sears abandoned this model to its detriment (3+ / 0-)
    Recommended by:
    FloridaSNMOM, jan4insight, llywrch

    Sears used to follow this model of doing everything in-house, but to "get with the times" it ended up spinning all of its parts off into their own companies under a holding company.  The goal was to promote "efficiency" and "innovation" driven by "competition", but it ended up backfiring horribly because people who used to work together now saw each other as rivals for money and attention in an environment where one department's gain was necessarily - and explicitly - another's loss.

    Ironically this was the original meaning of the word 'corporatism': "We all do different jobs that require different skills and even different personalities, but we're all part of the same organization with the same overall goal, and instead of fighting each other for status and turf - and weakening all of us - we should be working together."

    Domestic politics is the continuation of civil war by other means.

    by Visceral on Sun Feb 02, 2014 at 01:16:29 PM PST

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    •  I think it's always going to be cyclical (0+ / 0-)

      A new generation of career managers and MBAs gets in charge, and they bloat a streamlined company to increase the numbers in whichever column they draw their bonuses from. The next generation divests and sells off assets for a short term increase in numbers. Rinse, repeat.

      I'm living in America, and in America you're on your own. America's not a country. It's just a business.

      by CFAmick on Sun Feb 02, 2014 at 06:18:55 PM PST

      [ Parent ]

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