There are presentations that you actually present to an audience, to which this point is valid.
But lots of presentations, including this one I think, are merely used as a means of conveying information (yeah, not my favorite way of doing so, but being a contrarian doesn't do anybody's career any good), and those are indeed intended to be read and need to have explicitly all the information that you otherwise would be speaking and addressing.
If you have a fixed profit margin, the way to make more absolute money is to allow your costs to increase. Insurance companies have zero reason to negotiate prices down.
Well not quite. Health insurance is still a competitive business. Customers — both individuals and group buyers — are very price sensitive and while switching plans is a hassle they will change from Aetna to Humana or whatever if the difference is large enough. And many of the largest carriers are non-profit corporations so there's literally no "profit", although some of the employees are very well compensated.
All the highest compensated non executive level employees I know are doctors, who would be highly compensated at every business. Same for all the executives, whose pay does not seem outsize compared to executives at other similar sized organizations. If anything, health insurance companies are known to be pretty stingy with pay unless you're in high demand, e.g. doctors.
Inflation has made prices higher, but people's purchasing power has been decreasing all this time. Salaries, benefits etc have all not been keeping up with inflation for decades. It is why young people are marrying later, not able to afford to buy property etc. All the gains the economy has made over the past handful of decades have been captured by a small percentage of the population.
| - Have leaders skilled in whatever their direct reports are doing. Use them as coaches normally and as spare workers in times of high demand.
I think this is the biggest hurdle for US style management produced from the MBA cookie factories. Their only skill sets are MBA speak, assigning blame, taking credit and granting themselves the largest bonuses possible while telling all the actual workers generating value that "due to current financial conditions, your raise is limited to 2%"
It doesn't help at all the US union rules make switching from line work to supervisor work a bad thing. If someone with a union job switches to management they have to start from zero - the company cannot count all those years of experience and so you start at the bottom of the ladder again despite your experience, and your former friends now do mean things to you because you "went to the dark side". It isn't just unions that do the above, but it is the worst there.
Not the "West", obsessive single minded individualism is a US characteristic. All other western nations (read: Europe) realize that there is significant value to society and that to achieve things we need to work as a group.
And don't forget retroactive claw backs on any profits taken; otherwise they'd make sure the assets to be seized are of absolutely no value (and canonically, negative value: all the environmental disaster and other collateral damage is offloaded to the public)
This seems like one of those problems that arise when we let rich people and corporations arbitrage for the lowest possible legal consequences, in this case flags of convenience that have no standards.
There is always some poor or corrupt country willing to ignore consequences as long as they can make a buck. The profits are private, but costs and consequences always laid onto the public. Miserable way to run things.
>There is always some poor or corrupt country willing to ignore consequences as long as they can make a buck.
this is basically what i'm suggesting as the solution here, rather than the problem.
if you're in command of a tanker carrying $50m worth of oil, and the company that technically owns it owes you and your crew $175k and doesn't want to pay, surely you're never too far from a country who would be happy to take that boat off your hands and cover the lost wages. how are these boats just waiting around in the ocean for a solution, when there's so much wealth on board?
I think their problem is that very few countries have refinery capacity to deal with crude oil, which is what these ships contain. So the crew have limited choices. It is a "someone else's problem", to quote the Hitchhiker's Guide.
It's not that simple. The stranded vessels are often not really seaworthy and can't be safely sailed to another port. They might be low on fuel with no cash to buy more (the cargo won't necessarily work as fuel). The vessel may be docked in a port already and owe fees to the local authorities who won't allow it to leave.
I don't think it's as easy to offload oil as you're assuming. Most of the sketchy countries don't have refineries or storage capacity and they risk some fallout from the sanctions if they do anything with the oil. Like maybe if you could get the boat to North Korea they might pay you $0.01 on the dollar or something.
At a previous company we used to joke that most of management was a "problem admiration society":
They'd love to talk about problems, investigate them from all angles, make plans on how to plan to solve the problem, identify who caused it or how to blame for it, quantify how much it costs us or how much money we could make from solving it, everything and anything except actually doing something about it.
That definitely happens, but I wish had the displeasure of working at companies that were enamored with the solution they have, and couldn't be convinced to look again at the problem and see how it's changed since they originally solved it. As with most anything, the best approach is to somewhere in the middle, combining a love for the problem with a drive to repeatedly solve it. And one of the best tools for that seems to be dog-fooding, when the people in the company really want to use it for themselves.
Somewhat related, I've learned that when you're the one who ends up doing the thing, it's important to take advantage of that. Make decisions that benefit you where you have the flexibility.
But lots of presentations, including this one I think, are merely used as a means of conveying information (yeah, not my favorite way of doing so, but being a contrarian doesn't do anybody's career any good), and those are indeed intended to be read and need to have explicitly all the information that you otherwise would be speaking and addressing.
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