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Can you or anyone think of a company that has been successfully re-invented along your lines--I mean, rising wages, better products, less environmental negatives...  Whoever did that would be worth listening to.

There was a well documented story about Canon a few years back. They had sent off a segment of manufacturing to China to capture cost savings. Then a few years later (and a few years ago), they brought it back in-house. In the process, they discovered several new ways to incorporate manufacturing wisdom into the R&D process, quicker methods to get ideas to market and brought several other benefits, including many quarters of profits to the division.

I have spent a few minutes looking for this article but can't find it. I wish my memory was perfect enough to assert that it was in the camera and copier group, which is what I remember, and that the year was 2005. But I think this example fits the flow of your question and the spirit of the article, so didn't want to leave it out for lack of documentation...that getting good, well compensated jobs into the hands of the many is possible, even in a price sensitive consumer section of the economy.

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Fri Nov 28th, 2008 at 02:39:47 PM EST
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