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Could this be a turning point?

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Old Apr 25, 2025 | 09:32 AM
  #41  
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Originally Posted by FatBob2018
Have you ever heard of the Peter Principle? In a nutshell it says that competent people will be promoted up to their level of incompetence.

If you're a good worker, you'll get a promotion, which means you'll be doing a different job. Building widgets on an assembly line is an entirely different job and requires an entirely different skillset than managing people who build widgets on an assembly line. If you make the adjustment and are a good manager, you'll get promoted to store manager. Which is an entirely wildly different set of skills, managing the flow of every department rather than managing just the workers you used to work shoulder to shoulder with. But if you pull it off and do a great job, they'll promote you to General Manager. And by that time you're supposed to do profit and loss statements, accounting, forward projections, regulatory compliance, health and welfare benefits, hiring and firing, and on and on. What, exactly, does being a good builder of widgets qualify someone to be general manager?

At some point you're not going to be great at the new job, it's a step too far. So you're screwed, you're stuck in a job you can't do well, and you'll never get promoted again. And the company's screwed, because they lost a great widget builder, a very good manager, and a good store manager, and now they're stuck with a mediocre or incompetent general manager.

You're miserable. They're miserable. The whole "promotion" system is doomed to fail, because good people are promoted up to their level of incompetence.

That's why you don't promote from within. When you're a $3 billion multinational heavy equipment manufacturer and you need a CEO, you should look for the best CEO of a multibillion dollar multinational heavy equipment manager you can find, and if you find a successful one who also happens to love motorcycles, that's who you hire.

If you're a multibillion dollar multinational motorcycle maker, what you DON'T DO is hire a CEO climate zealot who wants to ban all fossil fuels and eradicate all gasoline engine vehicles and who pisses away all your money on electric motorcycles that nobody wants and closes hundreds of dealerships, who has a stated goal of selling fewer motorcycles!

While I agree that a Janitor becoming a CEO is a stretch, but anyone that has good work ethics and half a brain is capable of moving up. A few years at each level and you pretty much know your bosses job.

If you don't promote loyal employees they'll figure out they have no future with the company and go elsewhere and instead of your widget assembler being a good manager you have to replace him, train the new guy and "maybe" someday he'll be as good as the guy you screwed over.

Todays business put way to much emphasis on education and not on knowledge.
 
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Old Apr 25, 2025 | 10:03 AM
  #42  
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The MoCo is in play. Given the world tariff situation, it would behoove the Indians to buy into the U.S. market and the company's domestic manufacturing base.

I still think the brand has become the Buick of motorcycles, and that ain't good.
 
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Old Apr 25, 2025 | 11:16 AM
  #43  
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Originally Posted by s-glide76
but anyone that has good work ethics and half a brain is capable of moving up
I'll take anyone with good work ethics and half a brain over a lazy do-nothing with a 4-year degree, any day, any time, yes.

But I think you're speaking too broadly. Being a good entrepreneur in no way qualifies you to be CEO of a multinational multibillion dollar conglomerate.

A few years at each level and you pretty much know your bosses job.
I don't think I can get on board that train. Seems like every employee thinks they could do their boss's job better than the boss does, but I don't see that playing out very well all the time. Train as assistant manager and that will help prepare you for what the manager does, yes, but assistant managers are still assistant managers because they're not the manager and they haven't yet shown that they can be, right?

If you don't promote loyal employees they'll figure out they have no future with the company and go elsewhere and instead of your widget assembler being a good manager you have to replace him, train the new guy and "maybe" someday he'll be as good as the guy you screwed over.
Absolutely agreed 100%! Loyalty went out the window when companies discontinued pensions. My father-in-law had one career: first for 20+ years in the air force, then for 30 more at a private defense contractor, doing basically the same job. In my working lifetime I've had 3 careers total. My son-in-law is a successful upper middle class engineer, but I swear he changes jobs about every 9 months. That's just the way it is today. Don't like your current boss, you list yourself on Indeed and move over to Amazon, or Exxon, or one of the other half-dozen employers he's had in the last decade. And it's not just him, it's everyone he works with, they all do it.

Todays business put way to much emphasis on education and not on knowledge.
Gospel. I'll take actual knowledge over "education" any day, twice on sundays, and 10x on leap years.
 
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Old Apr 25, 2025 | 11:19 AM
  #44  
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Originally Posted by Mark out West
The MoCo is in play. Given the world tariff situation, it would behoove the Indians to buy into the U.S. market and the company's domestic manufacturing base.
Agreed. They already have an existing relationship with Indian motorcycle company Hero, the third-largest motorcycle maker in the world. Harley's going to either get bought out, or H Partners wins their proxy fight and Harley gets new leadership, or they're going to burn in a Quixotic quest to convince the world to buy LiveWires.
 
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Old Apr 26, 2025 | 09:58 AM
  #45  
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Originally Posted by Mark out West
The MoCo is in play. Given the world tariff situation, it would behoove the Indians to buy into the U.S. market and the company's domestic manufacturing base.

I still think the brand has become the Buick of motorcycles, and that ain't good.
Let's hope it doesn't become the Oldsmobile or Pontiac of motor bikes.
 
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Old Apr 26, 2025 | 05:09 PM
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China's going to get a piece Harley in the end, the moco sold off the rights to the sportster design to China long ago, China's been making a direct clone a few years now. That move was delibrate to push the Street and the new engine design on buyers and conditioning the younger new buyer base to accept the idea of the bikes being made outside the US. Long game folks, think long game, none of what's going on is new, this has all been in the works well over a decade. They outright said as much in the Dealers only Expo in 2016.
 
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