They say things are funniest when there’s a hint of truth in them. Calvin’s lemonade stand comically exposes the flawed thinking that governs most businesses. You can see it in the American auto industry. Flawed business models and poor economic decisions will lead to failure…or worse yet, subsidies.
This is exactly why lean principles are in need now more than ever. Sure, becoming lean cannot stop an economic downturn. But which position would you rather be in to weather the storm –
’s or one of the Big Three’s?
Businesses face this same issue every day of every year. The only difference currently, is that more than usual face it during a slower, more difficult time. Economic downturns exacerbate problems that firms normally live with instead of resolving. When these problems aren't resolved, or at least improved upon, they can be a death nail when business slows down.
A bailout, loan, or money from a rich uncle only delays the inevitable. In the end better economic decisions and actions are required.
Lean principles move a firm to make better economic decisions; and, therefore, create a more stable and sustainable organization which can prosper when times are good, and ride the storm out when times are not so good. My guess is that Calvin’s mom will not give him a bailout! Hat’s off to her for teaching good economic principles.