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To get the U.S. economy growing again, Lutz says, we need to fire the M.B.A.s and let engineers run the show.
....
The auto industry is actually a terrific proxy for a trend toward short-term, myopically balance-sheet-driven management that has infected American business
To get the U.S. economy growing again, Lutz says, we need to fire the M.B.A.s and let engineers run the show.
"They were New Yorkers and they didn't understand it.
they thought is was very very bizzare,
and they set about peice by peice
really dismantling the corporate culture
and fundamentally destroying the company,
ah ye know,
it's the damndest thing I've ever seen."
Nolan Bushnell
on the sale of Atari
and the subsequent demise
of american home entertainment systems.
Timestop 7:56 - 8:19
To achieve the same goal would take 5 Jap engineers, or 8 for a German team, or 15 for a Korean team (while still probably cheaper than the Jap team) and 700 engineers from a US team. And the Americans will demand more salaries per head, take two hour breaks shooting the s@#t, high fiving each other and whining and bitching about everything under the sun. And ask for a longer time frame.