...I'm okay with being REALITY-based.

Thursday, April 24, 2003
      ( 8:44 AM )
Bad Business Plan of the Week

First, scare all your employees and customers that you're going to go bankrupt. Next, convince your employees who work the longest hours for the least pay and benefits to vote themselves even further pay reductions and losses of benefits. Once they vote to sacrifice their own wellbeing to SAVE THE COMPANY, let it leak that even though your workforce has sacrificed for you, you're still going into bankruptcy, BUT you allowed your top execs to get big fat bonuses (twice their annual salary) plus huge retirement packages and other increases in pay and benefits that won't be affected by the bankruptcy. Finally, let some of your employees have guns. At work. Way to do business, American Airlines.

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