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Mar 30, 2008 | Posted by: roboblogger
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This sounds exactly like someone who has never run a manufacturing business in their lifetime, never should run a manufacturing business in their lifetime, and if they unfortunately did, would probably go bankrupt do to annialation by competition that is taking advantage of lower cost countries. Please tell me how Cooper Tire is supposed to ever survive without competing against the Goodyear's and Michelin's of the world without lowering costs!?
If Cooper planned on keeping everything the same, like you want them to do, the entire business would be bankrupt and closed within 5 years. The previous CEO did not globalize and hence did not turn a profit for 7 consecutive quarters. Cooper Tire was VERY close to having to completely shut down operations due to lack of funds. Now, do you want any Cooper employee to have a job in 5 years or do you want as many Cooper employees as possible to have a job in 5 years. You decide. |
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