Carly Fiona on MTP is clueless on business. No wonder she got fired.

[LiberalFighter]

She thinks that small businesses are more important to save than the auto companies.

How and why does she think small businesses are created?

[Buzz Clik]

1. I'm wondering how long we have to prop up three failing businesses...

... under the threat that the US economy will tank if they fail completely.

[AllentownJake]

2. She's always been an awful manager

She embraces strategies that will give her a short term gain but in the long term might not be that great for the company she works at. She climbed the ladder at Lucent pulling that shit to eventually she was at a level another company would be stupid enough to take her as CEO. Basically do a whole bunch of things that in long term aren't good but make your numbers now look great than move up to a higher position and blame the problems that occur after you leave on the person who replaced you.

She continued that short sighted decision making philosophy not realizing that she had no place higher to run to before her mess is discovered. Thank God, HP survived her. Barely.

[connecticut yankee]

4. That's pretty common

in corporations.

I was in the Marketing Department of a multi-national corporation a number of years ago. It was always about "the next quarter." Then the Manager would look like a hero and get a promotion. Any messes that followed were his successor's fault.

One of their theories was that you couldn't forsee the future and how conditions might change. But isn't flexibility part of being a successful manager?

[AllentownJake]

6. The problem is they are to focused on next quarter

than the overall health of the company. You'd be amazed at how quickly that would change if stock based compensation was banned which in my opinion was beginning of the end of good management in this country.

[zulchzulu]

3. Essentially she is saying to save the skeleton but let the body die

She doesn't know that LOTS of small businesses are integral and part of the auto industry? As you said, it's no wonder she got canned (but walked away with a $20+ million golden parachute)...

[zulchzulu]

5. Just how clueless is Carly? Read this...

If it was Silicon Valley (and actually some parts are made there), she would be for rescuing the auto industry.

If the industry failed, among the hardest-hit communities would be Lordstown, Ohio, a village of 3,600 people about 50 miles east of Cleveland that has been home to a GM factory since 1966.

If the plant closed, Lordstown would lose up to 70 percent of its budget, a scary scenario that proponents of a multibillion dollar bailout say would be repeated across the industrial Midwest.

"If they went completely under, obviously it would financially devastate us," said Michael Chaffee, a school teacher and Lordstown's part-time mayor. "It would be catastrophic for our whole area."

Without GM and nearby parts factories, he said, Lordstown's $4.2 million budget would take about a $3 million hit that would almost certainly require layoffs of police and drastic cuts in park programs.

A study by the Center for Automotive Research in Ann Arbor estimated that the failure of Chrysler LLC, Ford Motor Co. and General Motors Corp. would eliminate up to 3 million jobs, including those at parts suppliers and smaller businesses that rely on the automakers.

http://finance.yahoo.com/news/Failure-of-auto-industry-apf-13552316.html

The Detroit Free Press:

According to the Center for Automotive Research, 1.7 million U.S. jobs are at stake if even one U.S. company ceases operations -- and that does not include many indirect jobs. As manufacturing becomes more technologically advanced and efficient, the demand for labor will continue to decline even as output rises. Replacing these manufacturing jobs, not just in Michigan but across the United States, will be exceptionally difficult.

http://www.freep.com/article/20081203/OPINION02/812030330/0/BUSINESS01

[gizmo1979]

7. Well if you lose the big 3

lot's of small businesses will fail also.Did anyone point that out to her?