Tractor Talk Discussion Board |
Re: Re: Re: Re: Re: Re: Re: My buddy got a good screwin' at the JD dealer today
[ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by The Dukester on December 10, 2002 at 18:29:32 from (65.89.18.161):
In Reply to: Re: Re: Re: Re: Re: Re: My buddy got a good screwin' at the JD dealer today posted by I'd suggest that you............. on December 09, 2002 at 17:47:14:
Funny, I read that book and it seemed to me that poor management from the top echelon caused IH's financial failure and eventual demise. Starting with John McCaffrey, the sales controlled and driven top management force had products marketed that did not get the necessary field testing and subsequent modifications required to maintain the standards of quality acceptable to their customer base. The company had a long history of being burdened with a substantial debt load which required a consistent high cash flow to keep payments current. Interest rates went high, sales suffered because of the questionable quality reputation and a poor ag economy in the early 1980's. This resulted in a serious cash shortage in the company resulting in more money being borrowed by the shortsighted, overly optimistic management team then in charge. The strike was terrible, but the coffin had been closed, the strike just drove in a few nails. The engineers and hourly workers didn't wreck IH, it was done at higher levels by people with a lot more authority and control.
Follow Ups:
Home
| Forums
Today's Featured Article -
A Farmall Story - by Ed Meadors. The year was 1978. Our young family had recently moved to rural Chesapeake, Virginia to a plot of land which would finally allow us to realize our dreams of a huge garden, critters and more lawn and pasture than we would ever use! We needed a TRACTOR; not a riding mower or tractor wannabe, but a real TRACTOR. The answer to our needs materialized in the form of a '44 Farmall A, complete with cultivators, discs, single plow, a 5ft.Woods belly mower and one, mounted spare 9.00x24 rear wheel.
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co. All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|