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16 September 2009

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"No one ever won a battle by frantically trying to remember what someone else once did in some vaguely similar circumstance"

--from a 1930s book on infantry tactics, edited by George C Marshall

I bet there was no plan for 35% tariff increases @ Cooper

I suspect you are right about the failure to plan for a tariff increase. Goodyear is still largely in the US, and I think they are laughing about it all the way to the bank.

Those who have followed the tunnel-visioned China crowd are taking on an enormous risk in many areas. China is an economic and social powder keg getting nearer to blowing every day. I know of many companies that have basically bet the farm on China, and they have to be very worried about the lack of judgment they showed in falling so completely for the conventional wisdom.

Bill,

My impressions on China are that it is much more free and open society than it USED to be (still a long ways to go, though), with a growing economic engine rivaling ours in the U.S., but what is at play that makes you think it is an economic and social powder keg? I haven't really seen it as volatile, but I'm interested to hear what makes you believe so.

Thanks.

AMEN Brother. This is a great article. Same thinking leads to same results. Break the mold and be original. Very good stuff. Russ

Best book I read on originality was Seth Godin's Purple Cow. If you want to be an extraordinary business then display extraordinary behaviour. Our MD bleats on about 'we want to to be world class blah blah blah best in class blah blah' while the business is doing very ordinary things.

Tom

Hi Bill - Thanks, I enjoyed this post very much and I'm 100% with you on this one! This cuts to the core of Lean ... its all about the timely, original, creative and relevant APPLICATION of the same holistic Lean fundamentals in any organisation. Of course NOT about copying a few tools and tricks and hoping it will bear success - yet so many still does just that!
Keep up your straight-up original posts.
Danie

Bill:

Great article and it gives a great example of what I like to call a "logo" job. I went through this back in 1994, courtesy of Grant Thorton. They came in with a pre-written SBU "strategy"...all they had to do is change the logo on the PowerPoint. After pretending to interview key people (in groups no less) this magical strategy appeared. The net result bloated admin costs but our CFO managed to pay back is cronies at GT with the easiest project ever.
I saw Bain do a similar thing with a company in Tennesse...this time with outsourcing production to Korea...net result was they missed the Christmas sales season because of poor product quality. I never saw these guys on the shop floor.
Always be careful with these "white shoe boy" consultants...all theory and no experience. They will kill your company.

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