Well Steve, your sister - captain of industry that she is - was able to recover from the near fatal Littlefield Factory run. While Mike & I & Steve were in FL, I was working on what will be one of the final assignments for my MBA, a factory simulation. Connie & I were "Team Wingnuts." Wingnuts started out strong, but 2 days later I plunged us into near bankrupcy. I made a stupid, unresearched, bone-headed, impuse buy of a machine for our factory that we didn't even need. It depleted all our cash and left us no way to buy our inventory. It was horrible. Bad enough to do something that stupid to myself, but to take someone else down made me feel awful! What was I thinking??? Recognizing my hiddent talents, Mike quickly begged me to come to work for him.
There were many great suggestions: From Mike - Fire all the workers and run the factory ourselves. Fom Mom - Take our $64 Million golden parachutes & head for Tahiti. From Dad - Sell everything and close the factory. From Steve - buy Oracle's latest BAM (Business Activity Monitoring) software - (more graphs). Though the sales pitch was great, we were able to resist the temptation to implement more unneccessary software. Somehow, Connie managed to ignore the brilliant suggestions brought forth by the Harrises. She made the bold move to borrow cash at "Loan Shark Rates." At one point we were $535,000 in the hole and our big goal was to try to break even. (Mike was really proud of having spent all that money on my MBA just to find out my big goal was to be in 2nd to last place.) In the end Wingnuts rose from the ashes like a Phoenix. We finished in 12th place out of 16 teams with a cash balance of $1.34 million. All without the help of Oracle's BAM. WINGNUTS ROCK! Is school over yet?
2 comments:
Who was your professor,Donald Trump, "youre fired" of course unless you borrowed that money thru a shell company thus keeping your debt to profit ratio low and your stock price artificialy high as investors flock to your success you then implement moms plan and head for a warmer climate leaving the stockholders holding the bag. By the time the smoke clears you'll be so old it won't matter anymore. Oh yeah your grade probably would suffer at the hands of such unscrupulious tactics unfortunately something like that seemed to work for enron and worldcom.
I am reminded of The Shredder's evil henchmen: Wingnut and ScrewLoose. Keep this kind of well planned activity up and you could be on the fast path to Secretary of the Treasury.
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