Friday, June 12, 2009

When Business Starts to Operate Like Government

Having working in Ottawa, the National Captial of Canada for the past 20 years I am not surprised that the general population has lost a lot of faith in government organizations over the years. Now big business is operating more like those government types that have never generated a capitialisitic dollar in their life. There used to be a time when big business and governments did not mix. Now with all the bail outs happening we have government in bed with business and it will be only a matter of time until both governments and business lose their sense of direction.

I had a real delimma a few weeks ago. I was writing my MBA exams and studying a lots of past theories of business while the front pages talked heavily about government bailing out GM. I had to wonder why I was getting my MBA at all since GM must have had a few MBA types working for the company and still they needed to go to government for a hand out. What happened to leadership in business. Have they along with governments all gone mad. We now have corporate greed, government bailouts and organizations a both levels taking the general population for a ride. What is with that anyway.

Governments already give their most incompetant people 'golden handshakes" and are now giving billions to organizations that have operated like governments for years. Overpaid union staff, bloated pensions, lack of management expertise and now handouts from the public trough. When business starts to act like government and now asks for "budget" money, we are really in trouble. Business needs to get back the art of business. So much for having an MBA. Its time to develop a new model based on consumer confidence, good products and men and women with noble ideas.