Business Models – Yesterdays strategies in today’s world?

When did leaving work on time, become an act of courage?

Such a great line from a Hyundai commercial!  And so long past due!  I do hope corporate America will embrace this slogan.

A concept I am fond of that is from the 60’s.  It is ‘The Peter Principle’.  The following from Wikipedia explains if very well.

“The Peter principle is a concept in management theory formulated by Laurence J. Peter in which the selection of a candidate for a position is based on the candidate’s performance in their current role, rather than on abilities relevant to the intended role. Thus, employees only stop being promoted once they can no longer perform effectively, and managers rise to the level of their incompetence.”

If we all stop and think for only a minute, we have seen this in action through out many companies.  Why do managers continue to manage the same generation after generation?

The major work force today is quickly becoming the millennial generation. Millennials are those born between 1980-2000 today between the ages of 15-35. The new generation is looking for meaningful work, flexible hours, work online outside of normal business hours, rewards for their value, and challenges. In which this site is suitable for the millennial.

There is much knowledge to be used from the past and yes, it can be wise to replicate a pattern of success.  HOWEVER, I think we are so past due in altering the current business models that we need to examine all our work habits.  So much has been pushed in the last decades to create profit and improve that bottom line, we lost the real reason we join to accomplish tasks from the time man created society.  Was it not to make work easier and improve the quality of life for all?  Why can we not use technology to actually improve our quality of life?  Shorter work weeks that result in more productivity.  Happier employees and relaxed owners.  I whole heartedly believe this is very doable and would love to see a owner step up and make this a reality for just one company.

We can learn from the past, but most importantly we must build a better future.

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