Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
UPS before and after going public.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="pretzel_man" data-source="post: 1022591" data-attributes="member: 927"><p>I am NOT a fan of UPS as a public company, but probably for different reasons than will be said by others.</p><p></p><p>UPS always pushed numbers. There were always standards, measurement, etc. The old managment conferences were almost about numbers only. There were metrics, MBC, Team MBC, etc. </p><p></p><p>I honestly do not think any of those things have changed.</p><p></p><p>What has changed is competition. Public or private there is now competition that didn't exist back then. We were growing by leaps and bounds and that growth made the job more fun. It provided more rewards.</p><p></p><p>The negative that is associated with going public is the necessary reaction to the lowered margins and the threat to the business. Its the necessity to have even tighter controls due to the tighter competition.</p><p></p><p>Now, what I HATE about being public is the shorter term thinking. We NEVER used to worry about next quarter like today. The BOD didn't overract due to short term numbers. When we were private we didn't have emergency travel bans so we could make next quarter's expectations.</p><p></p><p>I am betting many will mix the impact of being public with the impact of competitition.</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 1022591, member: 927"] I am NOT a fan of UPS as a public company, but probably for different reasons than will be said by others. UPS always pushed numbers. There were always standards, measurement, etc. The old managment conferences were almost about numbers only. There were metrics, MBC, Team MBC, etc. I honestly do not think any of those things have changed. What has changed is competition. Public or private there is now competition that didn't exist back then. We were growing by leaps and bounds and that growth made the job more fun. It provided more rewards. The negative that is associated with going public is the necessary reaction to the lowered margins and the threat to the business. Its the necessity to have even tighter controls due to the tighter competition. Now, what I HATE about being public is the shorter term thinking. We NEVER used to worry about next quarter like today. The BOD didn't overract due to short term numbers. When we were private we didn't have emergency travel bans so we could make next quarter's expectations. I am betting many will mix the impact of being public with the impact of competitition. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
UPS before and after going public.
Top