Tuesday, April 20, 2010

The cold hard facts of making "smart" managerial decisions

In his latest report, there are some truly spine-chilling first-person accounts of factory life. And it is a life. Workers are billeted, 14 to a dorm, in the compound. If they don't supply their own mattresses and bedclothes, they sleep on plywood boards. They are permitted three days off each month. The air-conditioning is only turned on when foreigners visit the factory, and when the workers meet their targets, the management immediately raises them.

Worth a read. Good reminder that some one some where is always losing margins when prices drop.

Posted via web from Staysmall's posterous