I was listening to a radio talk show this morning. The host was ranting about all the chancellors, vice-chancellors, assistant chancellors, etc. that Carolina has in its administration. All receiving substantial salaries of $150,000 and more. It does seem excessive on the face of it but that's not what I am writing about.
The discussion sparked another thought. If I had the money to gamble with, it would be an interesting business philosophy to pay larger salaries to the "doers" instead of the bosses. For example, if I had a cabinet shop, the highest paid employees would be the cabinet makers, not the supervisors or managers.
The concept is that if you have superior operating personnel, whether it be professors, teachers, engineers, woodworkers, electricians, etc., the need for higher level managers is reduced. When hiring you would go out and find the best and pay them a premium. Product done with exceptional quality can negate the need for as much marketing, supervision, etc. Yeah, there are holes in this but is this worse then the way we operate? Food for thought.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment