Monday, January 23, 2017

BloggeRhythms

On Facebook this morning, a woman who worked for our organization some years ago posted comparison pictures of the National Mall, showing larger crowds for Obama’s inauguration than Trump’s. 

She and some friends post anti-Trump items quite frequently, all of which I normally ignore. However today, responding out of frustration I explained to her that the difference is that most Trump supporters had jobs and were working, therefore they weren’t able to attend. What’s more, Soros and moveon.org won’t pay $50.00 a day to Republican voters who show up at leftist causes, such as Obama’s inaugurations.

As far as Trump himself is concerned, he got down to business first thing this morning, meeting with a dozen American manufacturers at the White House. 

As reported by Reuters’ Roberta Rampton @yahoo.com via Drudge, he pledged to slash regulations and cut corporate taxes, while warning of taxes on imports if production is moved outside the U.S.

Taking a managerial approach, he asked “the group of chief executives from companies including Ford, Dell Technologies, Tesla and others to make recommendations in 30 days to stimulate manufacturing."

Saying he’d like to cut corporate taxes to the 15 percent to 20 percent range, which will require cooperation from Congress, those present told him that reducing regulations is even more important. 

Trump replied: "We think we can cut regulations by 75 percent. Maybe more. When you want to expand your plant, or when Mark wants to come in and build a big massive plant, or when Dell wants to come in and do something monstrous and special – you're going to have your approvals really fast,” Trump said, referring to Mark Fields, CEO of Ford, who sat around the boardroom-style table in the Roosevelt Room. 

What comes through quite dramatically is that aside from the potential benefit to the nation’s economy from results of the meeting, a definitive precedent ‘s now been set. Because, a “taking care of business” attitude has become the mantra to be followed in the future. 

A perfect summation came from a reader J S, who wrote: “Whaaat, he doesn't have a golf game planned followed up with an evening fundraiser? Isn't that what a President’s supposed to do?” 

In that regard, strong evidence of effective business decision-making came through when reading about Trump’s direct, hands-on style of management. Particularly as it relates to images perceived by others. 

Something learned during a long career in commercial financing is that financial statements, tax returns, business reviews and projections don’t always tell the whole story of how any particular business is performing at present, or will in the future. 

Management, personnel, their conduct and attitudes comprise a critically important part of the picture. Most often, a lax approach taken by employees reflects acceptance by those at the top. And certainly, the reverse is true. Because it’s always the model created by those in control that all else follows. 

Which is why it’s a pretty good bet that if the boss is always on the golf course or planning his next vacation, business issues will take a back seat. However, if the focus throughout is finding the best solutions to maximize success, there’s a far higher probability of that occurring. 

And, most importantly, if the “boss” works as hard and long as everyone else, there’s very little room left, if any, for anyone else to lose focus, slack off and still stay employed.  

That's it for today folks. 

Adios    

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