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The Material Handling Blog is the place for conversation and discussion about ferrous conveyors, overhead handling, warehousing and storage, RFID, data capture and control, lift trucks, loading docks & AGVs. Here, you'll find everything from application ideas, to news and industry trends, to hot topics and cutting edge innovations. This blog is inspired by the Material Handling newsletter from GlobalSpec, which you can subscribe to here.

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Looking Up When Things are Down

Posted October 22, 2009 8:17 AM

Economic performance tends to be cyclical and it seems that everyone agrees that the current recession will end, sooner or later. The question is what can a company do to position itself for top performance after downturn ends? A recent article suggests that the leading companies will be those that are committed to innovation, and go deeply into emerging growth markets. Innovation requires investment. Is your company positioned for the future, or focused on the short-term bottom line?

The preceding article is a "sneak peek" from Material Handling, a newsletter from GlobalSpec. To stay up-to-date and informed on industry trends, products, and technologies, subscribe to Material Handling today.


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Guru

Join Date: Feb 2006
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#1

Re: Looking Up When Things are Down

10/23/2009 1:41 AM

The only way many companys can survive is to focus on the bottom line. Only large corporations have the funds to get protections from competition, tax credits or tax write offs.

Take an Oil Company that supports an enviormental group. They give $100,000 to the group then encrouage the group to sue them. They even give their lawyers to help the group sue the Oil Company.

The case goes to court and after a few hearings the group gets a a setlement of $400,000.

So the Oil Company pays up. Thats $500,000 invested. They go to Congress and show the lawsuit and say hey we need help. They get $200,000,000,000 in Tax Write Offs. Not a bad return on investment for $500,000 now is it.

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#2
In reply to #1

Re: Looking Up When Things are Down

10/23/2009 6:21 AM

Hey, and I thought I was a cynic
Del

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#3
In reply to #1

Re: Looking Up When Things are Down

10/23/2009 8:10 PM

Even in the best of times my experience has been that any new idea is suspect, and that people I have exposed new ideas to are happy with the way things are for them, and my own ambitions are of no consequence.

Often enough I have approached people who have money, and they say, "I'm retired."

As far as Dadw5boys says, it is not unbelievable at all to me, though I would like to know the exact details.

The real quote in its entirety from Abraham Lincoln is: "A man cannot pull himself up by his own bootstraps, he only ends up with his ass in the air."

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