Moral`s and Ethic`s ?

Posted: Sun Jul 20, 2003 8:18 am Post subject: Moral`s and Ethic`s ?

Now most of you know me. I have never been one to ask a question ( Ya Right !).

But I`m a little on the curious question side with this one.
Just what does that simple question purpose to a way of life for you, or is it?

If you are anyone worth listen to, you must have a perception of the consequence and the self being?

And it ani`t no question about religion, only how you feel, yourself,

Ratchet

Posted: Sun Jul 20, 2003 8:21 am Post subject:

uh... and your question is what exactly?

Posted: Sun Jul 20, 2003 8:28 am Post subject:

slek,
Hang tight, thay`s a comming.
Ratchet

Posted: Sun Jul 20, 2003 10:49 am Post subject:

Thomas Shanks says moratlity requires regular reflection on the day-to-day decisions that confront us! In order to live an ethical life, one must approach ethics by asking themselves these five questions on a daily basis!

Did I practice any virtues (e.g., integrity, honesty, compassion)?
Did I do more good than harm?
Did I treat others with dignity and respect?
Was I fair and just?
Was my community better because I was in it? Was I better because I was in my community?

Ratchet, is this in the ball park of what you are relaying to us or did I miss the park entirely? Very Happy

Posted: Sun Jul 20, 2003 11:04 am Post subject:

Nice responce,

But I was just`a fishing. I see, I`m alone out here, maybe?

It`s a matter of how you conduct your day to day life, and if you`r a willing to.

We`ll see, But glad to have the time,
Ratchet

Posted: Sun Jul 20, 2003 11:15 am Post subject:

Before one can run a company, and ask of outhers. One must first set the example. We (The workforce) have not seen this in over some 30+ years. So who`s are we being tought to live by? And our very own children are being tought what?

There was at a time a reson to,
Ratchet

Joined: 04 Jul 2003 Posts: 321

How do you know you haven't seen this in over 30 years? DO you assume Lacy started out as a director at some other company somewhere? Nope, everyone starts out somewhere. Everyone starts out in a position where they can't do a ton of damage at least, until their bosses figure out if they can handle more responsibility. Just because you don't see him mentioning some low level management job on his resume does not mean he did not do it.

ICKIMORE

Joined: 04 Jul 2003 Posts: 1337 Location: The Collective

Icki so what do you think of Alan Lacys job performance?

Posted: Tue Jul 22, 2003 5:52 am Post subject:

Joined: 04 Jul 2003 Posts: 1337 Location: The Collective

Of course it is a good question, what else would you expect, Herr Feld Marchal?

Posted: Tue Jul 22, 2003 5:59 am Post subject:

Joined: 04 Jul 2003 Posts: 321

My evaluation of Alan Lacy's job performance would be as follows.

First, he has done a good job in cost reductions. When our profit per revenue dollar is lower than our competition's, in order to compete, one must increase that. Since the largest overhead expense is labor, it was a logical conclusion to include labor as one of the cost reductions. That being said, I disagree with some of the processes that have been used to figure out who goes and who stays. But I also believe it is inevitable that no single person would agree with all the processes involved in such a difficult situation.

Second, he has done a poor job in revenue increases. He has allowed three of his direct reports to make terrible mistakes and miscalculations, resulting in the release of two of them after the fact. He did not discover them in time, and I believe approved one of them prior to implementation (the former ad campaign, everyone knew "Sears, Where Else?" sucked big time).

Third, since he has been in his job, he has made a strong effort to get an identity for Sears forged in the minds of consumers. He's tried a ton, but it hasn't all worked out. But I give him credit for trying. Martinez stopped trying new things after the catalog was dumped and the "Softer Side of Sears" was started, so it was about time somebody tried something in the last decade or so.

His pay deal is a non-issue for me. He was paid in 2003 a bonus for the goals that were set forth by the board of directors for the calender year of 2002. He acheived those goals, he should get paid what the board promised. The board also approved the bonuses of the rest of the salaried associates, and the majority of them also received hefty bonuses. Was the board too generous? Possibly. But if you want to blame somebody for that blame Carty and the others on the board. Somebody hands me a check, I'm going to take it, and I doubt anybody on here would do different.

ICKIMORE

Joined: 04 Jul 2003 Posts: 1337 Location: The Collective

Thanks for the honest reply.....I respect your opinion and believe what you said.

Posted: Tue Jul 22, 2003 12:29 pm Post subject:

Posted: Tue Jul 22, 2003 6:56 pm Post subject:

this is slightly off topic, but did you guys know that martinez sits very high atop the board of Martha Stewart Inc., and that if she were to be put away, he would take over her position in the company?

he respectfully declined

Joined: 04 Jul 2003 Posts: 1337 Location: The Collective

I did know that....he was smart not to take it! What a mess..

Joined: 04 Jul 2003 Posts: 321

licatsplit, prior to the Lands End purchase he tried to bring an identity to the clothing business at Sears by combining a multitude of name brand clothing into one larger brand name called "Covington" in the hopes it would gain some brand recognition among customers. When the Lands End opportunity arose he shifted focus of Covington to have the same effect as a better brand of clothing with Lands End being the best brand in the mold of the "good, better, best" form of retailing. In both those moves he has brought some added credibility to our softlines business, although most likely not as much added credibility as he was seeking. But it was a good attempt, better than anybody before had done since the "Softer Side of Sears" campaign launched over a decade ago, and allowed to wither away to a meaningless slogan by not following it up with an equally powerful campaign.

Those would be two excellent examples of an attempt by Lacy to bring an identity to Sears.

ICKIMORE

Posted: Wed Jul 23, 2003 6:07 am Post subject:

Icki,
You`s just to young to play outside your yard.

Carefull now,
Ratchet

Posted: Wed Jul 23, 2003 9:57 am Post subject:

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