How Costco became the Anti-Wal-Mart
I have to admit, I've never shopped at Costco. Being a lone wolf bachelor means that buying in bulk isn't really necessary or in many cases even prudent. But I found this article interesting.
Sad note... the average Costco employee makes more than the average supervisor where I work.
Sad note... the average Costco employee makes more than the average supervisor where I work.
Labels: business, evil empire
posted by Oz at 4:34 PM
1 Comments:
There's just one quote in this article that shows how completely f*cked in the head corporate America is...
'One analyst, Bill Dreher of Deutsche Bank, complained last year that at Costco "it's better to be an employee or a customer than a shareholder." '
Well, yeah, because that's the way it should be, bozo!
I saw a documentary about companies like Costco and Southwest that have become tremendously successful by ignoring the common 'wisdom' that the shareholders and executives are the most important people in a company...The thing that really stuck with me was when Costco Jim said (I have to paraphrase here) something along the lines of: 'If you take care of your employees, your employees will take care of your customers, and your customers will take care of your shareholders.'
He gets it.
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