Want to start a successful business?

It's simple. Go into competition with Bombardier. They seem to have more business than they can handle, very little competition, a guaranteed source of financial handouts from various levels of gullible government and no particular business or management skills. Anyone can do better than that with a little business savvy, some creative thinking and an already available source of skilled workers. The recent news they were laying off 7,500 workers worldwide including 2,000 in Canada prompted me to repost a piece I wrote earlier this year about Bombardier. Here’s the…

Continue Reading

Poking the big auto-makers

Ford Motor Company was one of the big auto makers that did not accept government handouts when the financial crisis hit eight years ago. Consequently, I now drive a Ford Escape. The logic for the bailouts at the time stated that we could not let the big car companies fail — think of all the lost jobs and the irreversible hit to the economy.  So, we hardworking taxpayers bailed out General Motors, Chrysler and other manufacturers—in effect, rewarding them for bad behaviour and poor management. Bombardier consistently screws up (click…

Continue Reading

Here’s the solution to our problems with Bombardier

It's a perfect storm and has all the ingredients needed to launch a successful business enterprise—strong market demand for both present and future products, skilled, available workforce, existing manufacturing plants available for retooling, tested financial metrics and business case, shortage of reliable suppliers. All that's needed is smart management to pull it together and we're in business. Bombardier is a train wreck of back-ordered stock on a track to disaster. For years we've been enduring the ongoing saga of mismanagement, government bailouts, law suits and failure to deliver. They're being…

Continue Reading
Close Menu
×