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The Forum > Article Comments > Against strategy > Comments

Against strategy : Comments

By Nicholas Gruen, published 6/4/2017

'We do have a few advantages, perhaps the greatest being that we don't have a strategic plan.' Warren Buffett

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Goals, strategy? Aspirations, forward planning?

Kicking goals into a headwind and when the powers that be change the goal posts or the rules of the game?

Or when the other side have a meltdown when facing a loss, pick up the bat and ball and chuff off the field?

Variables beyond our control and come home to bite when too much is risked?

Assets over valued and overleveraged? Too much testosterone pertinent to risky decisions?

Were I sat on a board, I would advise a strategy of lowering costs via savings on outlays? The easiest being energy usage and provision.

Given a large enough budget, that'd be walk away safe molten salt thorium. Or, the onsite manufacture of biogas and then utilising ceramic fuel cells to use it (scrubbed) in the enterprise, and ensure we had a ready market for the salable surplus.

Energy is being used as an economic weapon or a cash cow. And no enterprise can allow outside variables like that to impact on the bottom line, when it doesn't have to! And one of the few (independent) areas where management can cut costs to the benefit of the bottom line!

Another could be transport and the substitution of CNG for diesel!

Another could be (re)designing the enterprise as a co-op, where the workers become shareholders with a vested interest in the success of the enterprise! Even if the senior/long term employee share distribution becomes an annual christmas bonus or some such?

And as a strategy, ensure the senior/experienced workers on the factory or shop floor, police the output and eliminate the bottlenecks and drones, out of sheer self interest!

Finally, put out a suggestion box and ensure all the contributions are read, acknowledged and that any adopted recommendation, is accompanied by (notice board) and praise of the Author/contributor!
Alan B.
Posted by Alan B., Thursday, 6 April 2017 5:25:14 PM
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Can't say I've ever worked in an organisation where the manager was not the dumbest C* on the floor. Now I know why!
Posted by diver dan, Friday, 7 April 2017 7:10:48 AM
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Hey Alan B,
There's an interesting situation going on in Canada in regards to economic policies, trade agreements and public infrastructure.
I think it's known as the 'COMER Lawsuit'.

http://www.thestar.com/news/canada/2015/03/23/rocco-galati-in-court-to-challenge-how-bank-of-canada-does-business.html

Apparently the Bank of Canada has a clause in which it is supposed to provide money at low interest to the government for public infrastructure.
Governments however 'choose' to borrow from private central banks at higher interest; and the CETA agreement (Canada-Europe Trade Agreement) abolishes this prior clause entirely.

This follows with another link I posted a few moths back in regarding how to cut infrastructure costs in half.
http://ellenbrown.com/2017/01/26/how-to-cut-infrastructure-costs-in-half/

The real question is how much wealth has been taken from the people just in the creation of ink and plastic and numbers on a computer.
Posted by Armchair Critic, Friday, 7 April 2017 8:32:06 AM
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