June 17, 2011

What we could learn about business from the Germans

Harold Meyerson, Washington Post - The key to both the retention and the continual upscaling of manufacturing in Germany is the composition of corporate boards, which are required by law to have an equal number of management and employee representatives.

MORE

2 comments:

Anonymous said...

This ain't gonna work here.

A labor member of a board here in the U.S. would be some nephew of some corporate 'big-whig'. Some over-weight tool that has never done a days work in his life, and given a nice job pushing papers in an air-conditioned office in a cozy corner of a factory.

On the other hand...

Like many idealistic politicians starting out their career, a labor member on a corporate board might be lavished with various benefits and monies in offshore accounts until they finally begin to believe in the Golden Rule... that is, 'those with the money Rule'. Then after 35 years of balancing in a tight-rope, they retire in comfort.

Either way, the result would be similar.

dave said...

Not a good idea. What is to prevent these employee representatives from impeding the substitution of robot labor for theirs? The purpose of technology is to eliminate jobs. Loss of jobs due to technology should be a good thing. If it's not, the system is no good. The Germans, and all who think that exports will solve any of their problems, are heading for a dead end. We need far higher wages, far fewer hours, tariff protection, an end to immigration, and public representation on corporate boards, with minimal labor representation except as stockholders.