HACKER Q&A
📣 carnagestorm

How would you aim to improve a big brand company as a CEO?


KEY (suggestion):

; "!" ; ">"

Example:

McDonald's;

! Negative balance sheet

! Wasteful (unrealistic preparation and holding times, non-necessary packaging).

! Stressful work environment (too many expectations on the employee).

! Unrealistic preparation and holding times.

! Bad employee treatment and pay.

> Offer discount on non-fresh food items that are still good to eat.

> Invest in automation for doing inventories and statistics (customer count) via deep learning.

> Increase prices (esp. for animal-based products) to make up for operating expenses.

> Aim for a positive balance sheet (more cash/assets than liabilities).

> Reduce dividends or don't increase them, if needed.

> As a last resort, impose short working hours or lay offs (as bitter medicine).

> Look out for: indoor farming (e.g. "tomato/lettuce growing indoors where customers see them").

> Add reasonable buffer times (preparation) and automate where appropriate (visual cues, let AI recommend where an empoyee fits best: cash register vs. kitchen).

> Impose ban on overwork and aim to strive for an employee's well-being.

> Ensure adequate health-insurance for all employees (including dental care, since employees need to be "presentable".)

> Have backup plans (peak customer flow).

> Cut on advertising, if needed. "Go the Primark or Ferarri way".

> Go the "Apple way" (self-reliant): establish country-wide indoor/vertical farms (sell overflows to other markets), look out for other "passive" revenue sources (cloud computing, software licensing), machine engineering (build the required cooking machines/tools yourself. For example via 3D printing.).


  👤 Tabular-Iceberg Accepted Answer ✓
I have a hunch that there are a lot of perverse incentives in the way a software company is modelled financially that encourages the accumulation of bloat and tech debt, so I’d look for someone exceptionally gifted in economics to hire to look into that.

Most companies would probably benefit from an aggressive downsizing of their product portfolios without downsizing the engineering staff, but that would look terrible in the books.


👤 salmonlogs
This feel like someone outsourcing their homework assignment

👤 snowwrestler
Nice try, Chris Kempczinski.