Over the past few weeks, in the run up to the inauguration of the 45th President of the United States, automakers have been making some big news about investment in the United States. President-elect Trump, on all of those occasions, took to Twitter to take credit for the doing. Even though he’s not yet officially president, he believes his upcoming policies are changing the course of American manufacturing.
And I’m okay with it.
Generally, I’m not a fan of someone taking credit for my work. Though now that I spend a lot of time writing for online outlets, my work tends to get stolen and reproduced. That is just the nature of the beast. But my reasoning here for not caring if Trump takes credit takes me back to discussions I’d have with people — tense discussions — while earning my MBA.
Compromise is a word that hasn’t been used in our Congress for a long time. But we’ve long focused on a “Win/Lose” scenario — as long as we’re the winners. In business, a “Win/Lose” isn’t bad for the business as long as it’s winning, but it’s not the ideal scenario for all parties involved.
Let’s just take Ford’s investment of $700 million in Michigan the cancelling the $1.6 billion Mexican plant. Nobody with half a brain would think that that decision came lightly, and isn’t a result of failing small car sales in the United States.
But here’s the thing, the investment in the United States is happening. I can’t sit here and tell you that’s a bad thing. More money in Michigan means more jobs, more spending, and an overall better economy. I want money to be spent on U.S. investment.
So what if President-elect Trump takes credit? Maybe he was part of the reason why the decisions were announced so near to each other. But friends, this accomplished something that’s harder to do in business, and that’s to score a “Win/Win” situation.
Ford is happy, because they’re better spending their money in this case. The people of Michigan are happy because the money is being spent there. Plus, the next leader of the free world is also happy.
I might be critical of the President-elect’s policies on these very pages, but this is still a very good thing.