Unfortunately, these CEOs are relying on "industryfluencers" like a former governor and commerce secretary to tell them what's what. The FOMO is real, so if you say "you may be able to save 75% in labor costs over time but you gotta approach it slowly", they stopped listening at costs.
If there's a hard time we'll get through it, but over my dead body that my competitor is going to produce with 1/3rd my overhead; that will kill my business.
Yep, I'm fully expecting we are going to have to go thru a 2-3 year period where things start to really suck (nothing works and you can't contact any human to explain why it doesn't work)...slowly sanity will creep back in.
Unfortunately, these CEOs are relying on "industryfluencers" like a former governor and commerce secretary to tell them what's what. The FOMO is real, so if you say "you may be able to save 75% in labor costs over time but you gotta approach it slowly", they stopped listening at
costs.If there's a hard time we'll get through it, but over my dead body that my competitor is going to produce with 1/3rd my overhead; that will kill my business.
Race to the bottom?