U.S. CEO Blasts French Work Habits
online.wsj.com
online.wsj.com
On a different note, I've noticed numerous CEOs lately bringing up politics in reference to their work. The most common example is, "my company isn't doing as well as expected, and it's a certain politician's fault, not mine." Gotta love the personal responsibility, there.
I never thought of it that way, but that is spot on. As an entrepreneur I used to wonder how people work 8 hour days behind a computer for $10 an hour. After a while I realized they don't.
WSJ talks about "blistering critiques of French work habits". I just think he's pretty objective about the situation.
"Though productivity in France is higher than Germany's and close to that of the U.S. according to 2011 data "
"Can I remind you that Titan…is 20 times smaller than Michelin…and 35 times less profitable?"
Are a good comeback.
It just seems like a sore loser who wanted a cheap deal but didn't get it under his terms so he's crying. A sad story really.
When France is a laid back nation that values home life over work AND is poor and in crisis then these business leaders might have a point.
EDIT: Downvote all you like, but if you read the article, a large part of the problem is that French unions are standing up for themselves and, consequently, the workers.
:) that and US employers still give out blankets with chicken pox to union employees.
The simple truth is that capitalism in US is less regulated.
The question the same management is asking on behalf of its shareholders, however, is an entirely quantitative one: how much will it cost to open a factory in France? Obviously labor policy (not "work habits") is a factor there. But how much? The article doesn't say.
So what was the point of my reading this?