THE WELCH COMPANY
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S U M M A R Y


DIARY: October 29, 1998 05:11 PM Thursday; Rod Welch

Article on 3rd quarter labor costs up sharply in national economy.

1...Summary/Objective


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CONTACTS 

SUBJECTS
Internet, Multi-media for Meetings
Management Productivity Reduced by Technology
Paperless Office Failed
Virtual Office, Networked Computers
Productivity Impeded Fast Change of
Anytime Anywhere Information
New Realities Information Overload
Information Overload Costs Money Downsizing Too Many Problems
Mistakes Increase on Information Highway, Need Metrics
Labor Costs Up Productivity Falling

1712 -
1712 -    ..
1713 - Summary/Objective
1714 -
171401 - Follow up ref SDS 59 0000, ref SDS 53 0000.
171402 - ..
171403 - Received article ref OF 12 0000 from Reuters wire service on the
171404 - Internet that 3rd quarter labor costs are up sharply. ref OF 12 2681
171406 -  ..
171407 - This reflects the article ref OF 10 0000, in the Contra Costa Times on
171408 - page B2 reviewed on 980807, ref SDS 59 2420, reporting that it is
171409 - harder to recruit and retain employees. ref OF 10 3075.
171411 -  ..
171412 - It also extends the report on 980511 that labor productivity declined
171413 - in the 2nd quarter. ref SDS 51 1883
171414 -
171415 -     [On 981030 passed this along to Ross following up our discussion
171416 -     on 980808 about working hard to overcome information overload that
171417 -     drags down productivity. ref SDS 63 1504]
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1715 -