Re: Now Denny's is getting involved (healthcare related)

#777509

JoB
Participant

Bostonman

“How so JoB? I think having a revamped healthcare program is what was needed, no doubt. But, does anyone expect insurance companies to pass on any savings to other policy holders? If you do then you are living in a pipe dream.”

there is no pipe dream here..

but if you take a closer look at Obamacare you will find provisions that have not yet kicked in..

one of them functions as a cap on insurance company profits

it’s not a solution.. but it is a start.

“You do know Wall street in many ways is seperate from most companies right? I am sure you do. Wall street is for public companies. Most of those companies off shore their jobs anyways.”

yes i do know most companies are separate from wall street. i wish they knew it too.

“Most business aren’t associated with wall street. They are just trying to get by. But, they are owned by individual investors who are trying to get a return on their dollar.”

if a small business loses sight of it’s product, it will fail.

In service industries where there is a move towards part time employees,

the primary product is service which is dependent upon employees.

employees who resent their employers don’t deliver the kind of service that keeps a service business open…

i do agree that there is a move towards part time, temporary and contract work to minimize labor costs..

I know of a major factory here in town that seems to employ mainly temporary workers to keep costs down.

Unfortunately, it has the side effect of keeping product failures up.

I wonder when some smart teacher somewhere will start teaching management types that your success is dependent upon your product

and your product is dependent upon your employees.

When that happens the tide will turn.

current conventional wisdom among management is that the way to increase profits is to lower labor costs…

managers are managing good companies with great products out of business :(