What would you do if you inherited the company where you work?

I work for NSW Health. I’d cut the paper pushers by 50% and employ more experienced nurses and cleaners.

If I couldn’t find a way to be a silent partner, I’d sell my interest. I have zero desire to run the company I’m at. I’ve only been there a couple months so I’m not invested at all in how it would do without me running it.

My husband and I have a partnership LLC that we both work for full time. Unfortunately he is the brains of the operation. If he died, I would have to close the company and collect life insurance.

This is technically impossible, as the corporation I work for is legally not for profit and has no shareholders, but if somehow it were possible, I would simply not be sufficiently competent to run the company. I don’t have the knowledge to do so. I would hire someone to run it for me as quickly as it could be arranged.

If the company were dissolved and the DIVISION I work for were its own business, I could run it - actually, at some point in the future I will be running it, though of course that job would be easier than running it as an independent business. So I’d try to run it myself.

Quadruple the profits because I would actually put in elbow grease and run in correctly.

I don’t mind being middle class.

Pffft. I’d be able to buy your company with cash.

I’d start wondering who took 49% away from me.

Well, considering I work part time for a dog walking/pet sitting service owned by an acquaintance in the dog rescue world, I imagine not much would change. I guess I would a raise as I am currently paid 50% of the fees with the other 50% going to the owner. Since i would now be an owner, I guess we would split the other 50%.

[QUOTE=Chimera]
I would be the single richest person in the world, as I work for an extremely large corporation. But as no one person owns it, I could hardly inherit it.

[/QUOTE]

Wonder if we work for the same place?

I’d be holding roughly $145 trillion of an international coropration. After I blow though a trillion or so and buy lunch for Warren Buffett, I’ll be looking for an investment advisor.

Ditto

I’d have a multilayered plan

First, the two department managers that thrive on creating conflict and ill will between departments, who have major napoleonic/Eric Cartman “Respect Mah’ Authoritah” delusions of grandeur, they’re both fired, for cause, no unemployment compensation for creating a hostile work environment, seriously, everybody hates them

Second, the sales team will no longer be permitted to sell any repair parts that show up in the inventory database, just because a part shows up there, that DOES NOT mean it’s available for sale, it may have been just installed in a repair, it may be defective, and not removed from inventory yet, it may be a phantom entry of a nonexistent part… the correct answer to a customer’s query of “can I buy part #abc123-666” is not “yes” (and then I’ll check with production AFTER I’ve made a promise I can’t keep), but rather “let me check with production first, to see if that’s possible, hold on a moment”

Third, there will be a hard cut-off point for any and all software imaging to hard drive work that would extend past closing time and/or miss the late shipping truck, if a software imaging takes two hours to install, test, and configure, and the last truck leaves at 5 PM, placing an order for a replacement imaged and tested hard drive at 4:30 (or even 4:45 PM, they’re notorious for that) and saying it “must ship today” is NOT going to work now, is it?, unless you have a TARDIS that you’re not telling me about, the drive imaging won’t be done until an hour after the last truck, and it still needs to be tested, and that’s assuming that nothing goes wrong in the imaging process…

Fourth, ALL sales staff will be required to spend a couple hours each month actually IN the production lab, shadowing the techs and seeing what’s actually involved in filling their orders, it’ll help them understand what goes on in the trenches, and even enhance their selling ability, understanding how things actually work in a production environment

As far as the owner and higher management, they’re a good group, I’d let them keep running the daily operations for me, but the prima-Donna micro managerial napoleonic crap the department managers are so enamoured with STOPS.

My boss, who owns two cafes, a catering business, and is an acupuncturist. would get it all back for a very nominal fee. I don’t want to run it or own it.

Just remember what I did, Boss, if you ever have to cut staff.

Well, the annual dividend on 51% would work out to a little over $100k per day, so… anything I wanted?

First order of business would be to fire all the deadwood in the company. Then reduce staff in HR, I never saw the point to have so many people working in HR. Then trash all the PCs and Microsoft products and replacement with Macs. Then I’d sell my 51% and go do something else I’d enjoy.