Hay Dude
Super Star Member
- Joined
- Aug 28, 2012
- Messages
- 18,691
- Location
- A Hay Field along the PA/DE border
- Tractor
- Challenger MT655E, Massey Ferguson 7495, Challenger MT535B, Krone 4x4 XC baler, (2) Kubota ZD331’s, 2020 Ram 5500 Cummins 4x4, IH 7500 4x4 dump truck, Kaufman 35’ tandem 19 ton trailer, Deere CX-15, Pottinger Hay mowers
I remember the Pennsylvania Railroad. A huge company that began “diversifying” into all sorts of non-railroad businesses.Or sometimes large companies begin to decline when the original group that made them successful begin to retire. Whether mega-global or aging, they seem to quit doing what makes them special in the first place and simply become one of the masses.
For a corporation to age into mediocrity is so common that you'd think a few of them would figure out how to continue being successful with the policies that made them that way in the first place. They coud let society change around them instead of letting it change them.
That is such a simple inexpensive solution that there must be a few examples of companies who work that way.... I just can't seem to think of one this morning. It's easy to think of plenty of ones who went the othe way, though.
rScotty
Dead & gone for 50 years now.
You’d think these big companies would learn.
We have an aluminum manufacturing company in out town. They were at one time owned by “Gulf & Western”. Who I thought was an Entertainment & communications company posing as a manufacturing company.
Anyway, they spun the forge off to someone else. Thankfully.
Our local railroad is majority owned by a company in California that specializes in retirement investments.
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