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Saturday, August 8, 2009

Observer:Reflection: In Difficult Times.....Cancel the Travel and Entertainment-----

In difficult corporate times, one of the first categories of expense to be cut is travel and entertainment....the theory is....in times of difficulty....sacrifice is necessary...and then when profits have returned....THAT will be the time to celebrate...and not before.

In some cultures...such as government cultures...this rule is not followed...and the custom of entitlement makes those employed blind to the plight of the general population. Employees feel they are entitled to the perks they have always had...and the paid donuts...and the travel...and all the extras. After all...did not John Maynard Keynes himself say that it was up to government to "fill the gap" during difficult times..and what better gap than donuts could there be??

Thus cutting the budget pertains to others, not themselves....thus...they don't get it when regular folks say "Cut the donuts!!"...Make a note of it.

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