Rational Advisor

We are irrational in predictable ways

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Sep 23 2008

Who pays the wages

Published by rational at 11:57 am under Uncategorized Edit This

“it’s not the employer who pays wages. he only handles the money, it’s the product that pays” - Henry Ford

I think Henry got it right, too many times we don’t think about the product and services we have. The better explained and managed the product, the better the service, the better the pay.

it’s just that simple, but still so hard to do.

Take a look at Ford - they forgot the key thing, that it was the product, and instead let competition get ahead of them, with better product, and then service suffered - and now we have the classic story of the fall of Ford.

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