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It's not top to
bottom -- it is a circular chart because we learn from everybody in the
business and they contribute. And it is not that I -- I am the CEO and what I
say goes I don't do that. I don't tell it, I sell it. And if I can't
sell it maybe it's not such a good idea. Because if I believe that I
have only good ideas, then I am in big trouble.
In '82, when we
started, everything was a hand system. We were hand-billing. And there was one
time in the showroom where we were billing out $50,000 in one day and everybody
was sitting there writing hand bills to all of these customers. It was a
nightmare, it was unbelievable we never thought we would get through the
day. And I have my my son is a computer genius -- and says you
don't have to hand write all of this stuff. You can get a computer to do
it. This was 1982.
HATTIE: Bud has
plowed money into systems since then and has run the numbers on an AS400 for
years and his philosophy of early technology adoption, took him to the web
ahead of competitors.
BUD: We're very
big on the internet now. The internet is absolutely, probably the best
communication system that has come along because we email each other here
instead of getting on the phone and getting voicemail and all of that type of
stuff. We send pictures to Japan of the fabrics that we digitally take now and
send it out over the internet. Retailers call up a customer and say, Are
you at your desk? Take a look at this dress, I am sending you a picture of it.
I've got your size in stock, I could send it to you. We have a shop on
the internet where you just click on and buy the stuff. It's a great thing.
NICOLE: There are
so many loose ends at a clothing company because ideally, everybody has a great
idea and you make a nice dress. But then you have to get the fabric, then the
fabric might be late, the fabric might come in damaged, the fabric might shrink
--
BUD: I get paid for
taking Excedrin at the end of the night because if I if in this business
after 46 years if I don't go home with a headache because of all the
problems that I've heard during the day, I go home with a bigger headache
because I know that the problems are there and I haven't heard about them. So,
you have to have the CEO has problems, that's what they are bringing to
him. I always tell everybody, I want to hear all of the bad news, the
good news will take care of itself don't tell me the good news, I don't
need to hear that. Give me the bad news because that is what I am here
for. |