http://www.forums.mbapursuit.com/ MBA, GMAT, CAT, CAT 2009, cat preparation, IIM, XAT » Tag: Management Jokes - Recent Topics en Sat, 31 Jul 2010 17:02:59 +0000 http://www.forums.mbapursuit.com/topic/mba-jokes-management-jokes#post-18 Wed, 27 Feb 2008 17:42:30 +0000 gardhabdasmba 18@http://www.forums.mbapursuit.com/ <p>The Americans and the Japanese decided to engage in a competitive boat race. Both teams practiced hard and long to reach their peak performance. On the big day they felt ready.</p> <p>The Japanese won by a mile. Afterward, the American team was discouraged by the loss. Morale sagged. Corporate management decided that the reason for the crushing defeat had to be found, so a consulting firm was hired to investigate the problem and recommended corrective action.</p> <p>The consultant's finding: The Japanese team had eight people rowing and one person steering; the American team had one person rowing and eight people steering.</p> <p>After a year of study and millions spent analyzing the problem, the consultant firm concluded that too many people were steering and not enough were rowing on the American team.</p> <p>So as race day neared again the following year, the American team's management structure was completely reorganized. The new structure: four steering managers, three area steering managers and a new performance review system for the person rowing the boat to provide work incentive.</p> <p>The next year, the Japanese won by two miles. Humiliated, the American corporation laid off the rower for poor performance and gave the managers a bonus for discovering the problem.... </p>