The problems that are experienced by WHC have
more to do with people than any other
reason.
People in Prison for incorrect behavior.
People
working in Prison's with incorrect
behavior.
Difference, the one with the handcuffs got caught, the one
with the baton has not gotten caught.
These
problems can be adequately addressed, and perhaps it is
time to revise Managements approach to pay and benefit
packages, and more selective screening of potential
employees.
Not merely hiring someone because they have no
criminal record, this can also mean that this person just
never got caught for negative behavior.
To
attract the best qualified to these jobs, you must have
the proper pay and incentive packages to recruit and
keep good people that 'watch' the store, when upper
management is otherwise occupied.
I think it
important to realize that many of these problems could have
been prevented by middle management, if they took a
more active role in the day to day activities of their
lower-level employees.
Their also has to be a greater
focus on putting inmates to work everyday, for we
know,'idle hands are the Devils workshop.'
The vast
majority of the incarcerated WILL be released at some
point in time, this is inevitable. Unless they continue
negative behavior patterns while incarcerated, they will
someday be thrust back into society at large. Working at
a job while incarcerated should not be a 'hit or
miss', proposition, and merely setiing up warehouses for
inmates, is a losing proposition as well.
You
sometimes have to spend money to make money, if you operate
prisons, 'on the cheap', you will reap the harvest from
the seeds you sow.
I believe upper
mannagement knows this, it will be difficult to implement,
however, if accomplished, then the share price will
reflect this fact.