Can TMC Brain Power Still SPEND LESS? Probably nothing much has transformed in the last couple of years, except that most of these clever folk have moved on to another industry. Headcount has given way to self-publication and folks being employed will be for the low skilled fulfillment part of the computer transactions.
All cost is rightly under the microscope but is any allowance directed at the need for savvy people who are able to look both outside and inside the box for service and savings opportunities? As we all know, a booking computer is only as good as what is put within it. It is also reasonably single focussed and can be hoodwinked quite successfully when it comes to travel also.
- Leaders: CA, Atlassian, Microsoft, CollabNet
- External document I/O
- Flexible work schedules that identify their dependence on work/life balance
- You are no more engaged in business
- What is a marketing channel system and value network
- It is of an ongoing nature as there is no fixed period to hold a current account
Who is policing the content it stores? Who is fine tuning it? How often is it audited? Who is recognizing the broader trends? This can be even more important soon as TMCs develop and refine their own price and produce capabilities. I fear for a TMC industry that appears to be losing its front line brains for the sake of saving an instant buck or two. Maybe someone can look at the same ROI figures that I did before and realize that utilizing smart people with the right incentives can be an investment in saving cash not only an unwelcome cost. In some parts of the world there are big shortages of experienced personnel as the market recovers.
The UK is an excellent example where TMC stripped their staffing levels to the bone during the recession and today cannot get them back as demand rises. It is essentially a way is available to maintain a core of shiny ambitious people and never have to chop them whenever the market varies. Corporates should also think about this next time they scream at their TMC to lower head count. They don’t simply pop back when needed any longer.
Paul: Well now, wait a full minute. I wish to challenge that because they are wished by me consider another gulp here. It isn’t all about how much you save. That’s important but everything that happens after you save obviously, should you choose the right things- and these are everything that you and I’d agreed with I really believe, index funds, low-cost, broad diversification.
Maybe, more in equities than you’re comfortable with when you’re young because you have some fear of the marketplace. Some year old to be all in equities The two of us would probably tell 20. Take the chance of bear markets, when you’re young and take advantage of bear markets.
There are things you can do that can get you to that point of experiencing over-saved. The final thing you can certainly do is set up a lifestyle that allows you to have the ability to have doubled what (in essence) you need. We have a home down in San Miguel de Allende, Mexico.
I know a lot of individuals down there who fundamentally are living from Social Security. 10 million. So that it can be carried out almost at every level, but you’ve got to be smart and you’ve surely got to actually work hard to protect every defensive bottom you can. Rob: Right. I guess I would add to it, and this goes without stating maybe, but for me one of the primary, most significant protective methods (if you will) is, no personal debt.