Quote:
Originally Posted by Tim
To explain this a bit further, I was re-educated about how the economics work in a publicly traded organization. I was always under the impression that the customers of the CEO of an organization were the folks that bought their particular product. My re-education came when I was informed that the customer of the CEO/Board of an organization are actually the investors of that organization, and the powers-that-be will do whatever it takes to insure those investors get their dividend/income in order to keep the stock price at satisfactory levels. I realized this when I put a notice in my office reading "When our focus shifts from our customers to our investors we deserve the failure that will result". I was told to remove this notice immediately. You see, if an organization begins to believe the product they make will not meet the investors expectations they are tasked with either increasing sales (such as removing competition , etc.), increasing sale price (and thereby margins/profit), or eliminating that product from their offering.
What this boils down to is publicly traded organizations have gotten to the point that they cannot continue to operate without investors so they keep them satisfied even to the point of upsetting their customers. The focus has shifted for many organizations.
Kind of backwards to my way of thinking but that's the way I see it.
Tim Simmons
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I finally figured it out myself, took a long time, but that's how the rich get, well, you know how the story goes , like I can remember when the stock market was only 4 digits long, I think, then overnight it was 5 digits, and our world was running on the stock market, if you were wise, lucky, or rich, you could buy your way in, that's why the sudden abundance of millionaires, or billionaires, and as the trend continues, the lower class remains, but are no longer included in the count, a lot of us are no longer middle class, we drive pickup trucks, and not motor homes, I think I was middle class for a while, but no longer feel like it. My 2018 van has Conti's on it, and at about 6k, they got hard, and the road noise is getting worse, run over a new strip of pavement and it's like new again.