FOR IMMEDIATE RELEASE-EMERGENCYNET NEWS SVC.-04\06\92-1700CST

THE RECESSION IS OVER...CONFIDENCE MUST BE RESTORED!!

By: Paul Anderson, Metro correspondent

Chicago, IL.- If one hundred (100) of America's leading newspapers, television, and radio outlets published the above headline with an accompanying text that predicted an end to the nation's economic woes... the recession would be over, according to Clark Staten, Executive Director of the Chicago-based Emergency Response & Research Institute (ERRI). Although not known for research in economics or national fiscal policy, ERRI is known for an understanding of emergency response issues, motivational theory, crisis management, and for the practical application of effective management ideas.

"What the nation fears most... (in the words of Winston Churchill) at this point...is fear itself", according to Staten. "That fear is fostered and bred by `Doom-sayers' and those that benefit most by the malaise in American productivity; other countries", he continued. "America doesn't lack the natural resources, the skilled work force, or the economic strength to forge a surge in the economy...it just lacks the motivation and confidence to move forward", the technology analyst said.

"We do need to modernize our management practices and take full advantage of the computer technology that we have helped to develop during the past few years", Staten said. "But, that is not something that can't be done gradually and fueled by an ongoing upsurge in production and overall productivity... and ultimately the expand the economy as a whole", he added. "Admittedly, we need to retool many of our manufacturing processes and quality assurance measures to assure the maximum effectiveness and consumer product satisfaction, but that is not something that can not be accomplished with the investment of a little time and money", he continued.

"With the rapid `down-sizing' of many larger corporations, this would appear to be a great opportunity for small and mid-sized service companies to assume many of the roles and responsibilities that were previously handled `in-house' within the larger companies...and to do so in a more cost effective way", Staten commented. "This may be beneficial to both the larger and smaller companies, and may actually result in more overall jobs...rather than the
anticipated fewer numbers", he added.

"This shift or transition, however, would appear to be taken as painful, difficult, or `darned near impossible' by some and probably won't occur voluntarily... it must be forced by the economic realities that many corporations have become `bloated' by layer upon layer of `bureaucracy' that impedes progress and productivity...rather than enhancing it", Staten said. "In light of the state of our current computer technology, and in consideration of the rapid development of better connectivity and communications tools, it is generally unnecessary for most corporate functions to be performed at any one given site or in any one certain company", he continued.

"By connecting any number of cooperating companies...both large and small...by computer modems and networks, almost any task could be planned or performed by the person deemed most prepared and equipped to achieve it", the owner of a computer-based company said. "Most important is the fact that this could be accomplished on an independent contractual basis, thus reducing expenses for the `employer'...while providing additional employment for the computer-linked `employee'", he added. "Best of all...the `expert employee' could be `employed' at the correct time and in the best circumstances to maximize the entire effort...at the least cost to everybody concerned", Staten concluded.

Staten indicated that the national and local press could have a most beneficial effect on the overall economic conditions in the country by now publicizing the end to the "recession". He predicted that the nation could experience a "major turn-around" by this the 4th quarter of 1992...if only consumer and business confidence would return.

(c) EmergencyNet NEWS Service, 1992. May be reproduced with permission
Emergency Response & Research Institute
6348 N. Milwaukee Ave., Chicago, IL 60646

(773) 631-3774 - Voice/Messages
(773) 631-3467 - Computer/Modem/E-Mail-EMERGENCY BBS-24Hrs.
(773) 631-4703 - Fax

Return to the Technical Management Page