The real key is management vistion. TA had great
vision with Jim who saw that control of the distribution
channel was key,but the later managers lacked his vision
and what we got now is the result of that...
Manufacturing excellence is important but the pursuit of
Baldridge is not the most direct path to that. The gang up
in Greenwich has no idea what end of the shock is up
or even know what a strut does. All they do is strut
around their palace and take big checks to the bank. The
whold TEN business is a Harvard case study in how to
ruin brand franchises and minimize shareholder value.
Read a article the other day. Does pursuit of the
Baldridge make sense? Baldridge winnning companies of which
there were 24 between 96-98 went on to outperform the
S&P by 250%. Even finalists went on to beat it by
What a concept. We build palaces but ignore the
manufacturing of our products.
Lets make a mandate of
getting the plants up so we can compete for that award.
Reinvest in what we have first.
Hear no evil, see no evil, Think no
Guess they won't listen to us at work, Don't want to
read us on the net either.
This is still
America isn't it? (Oh Yeah! Corporate America - I get
I don't know for sure but I am starting to wonder
whether or not the corp has blocked off the message board
from company computers. I can read messages from home
but for the past few days have not been able to do so
from work. I guess the truth hurts?
I am a former employee of spinoff. Have enjoyed
reading the banter. Knowing how Tenneco management
operates, it sounds Dana or another of "the boys" sent out
a terse memo regarding the criticism of them in
I sold my stock back when it became apparent that
it is dead.
Take your money and put it in
something like Disney that will grow.