According to broke, a manager who sees his market diminish should be castigated for ruining the company by terminating employees to bring into balance his workforce for the jobs at hand. There is a absolutely no recognition of the concept that managementt has the inherent right to manage the asset at hand for the owners or shareholders, to their and only their satisfaction.
If all management is bad, then surely too are the people like Santuli and others who created and crafted companies like Netjets where opportunities were created for pilots in a business that did not exist some short period of time ago.
If Buffet and Santuli decided tomorrow morning to shutter Netjets as they no longer saw the future viability of the company or it did not meet their objectives for growth and profits, is it not both only their right may it not also be they are good managers defending the assets they have and employing them as they see fit.
B19 sees labor unions as unproductive. Are they inherently bad or are they just prehistoric in their ability to deal in a county wehre small business may well be more important than large. They have certainly demonstrated an inability to respond in a timely manner to major changes in the market. The situation today in the auto bailout is the best point you could make for a union showing it will only change last and when there is no choice.
NJOwner makes the point that the owner wants to go when he wants to go and that they are willing to pay for that ability. Nevertheless, if one gets to the point where they can no longer pay or do not want to pay that premium, Nethjets will shrink just as fast as any other, no matter how well managed, no matter what union in power.
