Question of the Day – August 7, 2009 – Can Businesses Really Do More With Less?

At the end of 2007 a large Midwestern US insurance company instituted mandatory 55 hour workweeks for their underwriters.

A year later, that same company a laid off a bunch of  people.  Some of these employees were the same people from whom management mandated OT from just one year prior.

The hamsters are dying.  I don’t think they can do more with less.  Time for a new business model.

My answer to the question is NO.

Businesses Learn To Make Do With Fewer Workers : NPR

Since December 2007, the labor market has seen a net decline of 6.5 million jobs.

Read This After You Digest Yesterday’s Scary Chart

Workforce Blogs – The Business of Management

But when an overwhelming 85 percent of the unemployed say that they’d take a job for 20 percent less than they made before, then maybe it’s time to stop blaming the out-of-work people for their predicament and focus on the real issue: a shattered economy that looks like it’s going to stay shattered (at least in terms of job growth) for a long time.

Lap Band? Think Again

Safety and effectiveness of bariatric surgery: Roux-en-Y gastric bypass is superior to gastric banding in the management of morbidly obese patients

In summary, there is rapidly mounting and convincing evidence that laparoscopic gastric banding is suboptimal in the management of morbid obesity. Although short-term complications are low and hospital length of stay is short, the long-term problems including band removals are high and failure to lose weight after laparoscopic gastric banding is prevalent.