What. A.
Week!! Well, after caring for sick kids
home from school for three days last week, I caught it myself on Friday. I have been on this rollercoaster that feels
something like this…
It started to
build up (Fri), then hit me like a tsunami (Sat-Mon), and is backing down (Tue-?),
but has peaks and valleys everyday!
Okay, so this
has NOTHING to do with my B283 class, but it is an “amusing musing” as my blog
title promises.
In our
discussion boards, the first was about the need to hire slow, and fire
fast. Never have more true words been
spoken. While in business it can be easy
to believe that the opposite would be better, in reality it is horrible for the
business. First, if we rush into hiring
people, then we really don’t know if we have the right people for the job. It is so important to read resumes, match job
skills, and perform multiple interviews with candidates. We don’t want to hire the person that looks
best on paper, but can’t communicate with the other employees or customers. Nor do we want to hire the one who is just
charismatic but lacks training or skills.
On the flip side of this… we don’t want to hang on to an employee for
months and months thinking we will just give them another chance. If it is hurting the business, change needs
to happen.
The second
discussion board this week was on Jet Blue.
I didn’t get anything posted to the board this week, but here are some
of my thoughts. Davis Neeleman who
founded Jet Blue, made sure to raise an over abundance of capital for this
startup. He knew that doing so would be
difficult, but would make all the difference in the success of the
business. He wanted to build new planes,
and not purchase used planes. This was
totally out of character for industry norms.
His plan was not to saturate the market with this new airline, and go to
every city with hundreds of new planes.
Instead he started with two. I
think his simplicity is what has allowed him to be successful. Jet Blue has always had a growth built right
into the plan. They receive a new plane
approximately every five weeks. This not
only gives them new planes, and destinations, but new JOBS! Job Growth!
Yes… built in job growth!
Genius! I thought the business
model was just awesome, and something that could be used for almost any type of
business format. I was very fascinated
with their backstory and how they came to be where they are today. The case study information was from a few
years ago, and I was interested in where they are today. They have continued to have successful
growth, and own almost 200 planes and are continuing to expand under the same
model. On a side note, the notion of
creating an airline brought back memories of high school and a great friend
Mike whose ambition was to one day create and build his own airline
company. As a teenager, I just thought
that the airline industry just “was what it was,” and that businessmen step in
to CEO positions to lead the company. I
really thought he had lofty ideas that he could “create” his own airline! LOL…
I really
didn’t get much done on the $100 challenge in the physical nature of making my
product this week since there was so much sickness abounding in our home! I was able to promote my product more on my Facebook
Page, and gearing my customers up for purchasing Christmas gifts.
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