For those who are unaware, the CEO of Sig USA is Ron Cohen. Who is Ron Cohen?
He used to be CEO of Kimber USA, which was, once upon a time, a high end semi custom 1911 shop. What Ron did was decide to make Kimber pistols affordable. How did he do that? He started using what is called Metal Injection Molded parts for the small parts of the gun. What happened? Kimber pistols dropped into the affordable price range, but the decline in quality made it that it was a crap shoot if you would get a gun that was reliable. MIM parts, no fitting, and minimal QC meant Kimber's former reputation for quality was destroyed.
Ron didn't care, he made a lot of money doing this, enough so that he was able to get himself hired on by Sig USA in 2004.
And yes, for those wondering, Ron is a small hat tribe member. IDF veteran, to boot.
Also seeing as enlistment into the IDF is compulsory for all (non-orthodox) israel citizens, calling yourself a 'veteran' isn't an achievement. Did he see combat? Did he even force out defenseless civilians from their home at gunpoint so jewish 'settlers' can take it over? Or did he get to stay behind in a base and do bitch work for his required period of service?
C-suite raiding is a systemic problem with publicly traded companies. You get in, cash in the good will and reputation of the company for a quick quarterly profit, then get out. Meanwhile your fellow tribesmen have already infiltrated and prepped the next victim.
Same thing happens to governments unfortunately. Anything that allows members of the public to join.
Every time someone brings up "shareholder value", you always have to ask which shareholders they're talking about. No one cares about mom-and-pop retail plebs; it's the C-suite with their millions in stock options who want to make line go up so they can cash out.
For those who are unaware, the CEO of Sig USA is Ron Cohen. Who is Ron Cohen?
He used to be CEO of Kimber USA, which was, once upon a time, a high end semi custom 1911 shop. What Ron did was decide to make Kimber pistols affordable. How did he do that? He started using what is called Metal Injection Molded parts for the small parts of the gun. What happened? Kimber pistols dropped into the affordable price range, but the decline in quality made it that it was a crap shoot if you would get a gun that was reliable. MIM parts, no fitting, and minimal QC meant Kimber's former reputation for quality was destroyed.
Ron didn't care, he made a lot of money doing this, enough so that he was able to get himself hired on by Sig USA in 2004.
And yes, for those wondering, Ron is a small hat tribe member. IDF veteran, to boot.
Just a cohencidence, as they say.
Also seeing as enlistment into the IDF is compulsory for all (non-orthodox) israel citizens, calling yourself a 'veteran' isn't an achievement. Did he see combat? Did he even force out defenseless civilians from their home at gunpoint so jewish 'settlers' can take it over? Or did he get to stay behind in a base and do bitch work for his required period of service?
C-suite raiding is a systemic problem with publicly traded companies. You get in, cash in the good will and reputation of the company for a quick quarterly profit, then get out. Meanwhile your fellow tribesmen have already infiltrated and prepped the next victim.
Same thing happens to governments unfortunately. Anything that allows members of the public to join.
Every time someone brings up "shareholder value", you always have to ask which shareholders they're talking about. No one cares about mom-and-pop retail plebs; it's the C-suite with their millions in stock options who want to make line go up so they can cash out.