by Marco Koskinen

Category: It’s like that and that’s the way it is.

What This Shop Is About

I have cumulated, in my house, the stock of parts and tools of three late watchmakers including my father. Access to spare parts for the old school independent watchmakers is not easy and I will try to help my colleges out the way I can. I will add a couple of tools and parts to my “shop” page, daily. If you are in the same position as me and would fancy some publicity, I would be happy to link your page or shop on www.w4t.ch

If I manage to sell something from the w4t.ch shop, I will donate fifty percent of the earnings to “Bandcamp” and “Plan International”. And you know why? Because, a society with happy women and happy artists is a happy place. The rest will go to finding new stock for the w4t.ch shop…

Computers, data, shortcode, IT and what not are not my happy place, so if shit on these pages don’t work please let me know through the contact page. Keep on w4tchmaking.

Cheers,

Continue Reading

Are Watches A Better Investment Than Stocks ?

Social Media Nugget #6
Newman

As the Swiss watch industry is collectively scratching it’s head about how to sell any more new watches and the wolves of the global wall-streets are hangin on to cash as the number one asset, vintage watches are beeing auctioned for prices unheard of. When steel-cased Rolexes that cost under 1000$ new, sell for 700.000$ , I pay attention.

Are watches a better investment than stocks?

https://www.hodinkee.com/articles/antiques-road-show-vintage-rolex-daytona

Continue Reading

The CIA (8 bullets) Method Of Running (down) A “Swiss Made” Watch Factory

spy
My client (a luxury-watch brand in the +80K $ price range) had struggled for two years with a watch that just did not work. The swanky “we know everything” producer of the mouvement for this watch (a subcontractor to several famous high-end brands) had us endure hours of useless meetings. A bunch of the better payed elements of sayed factory would be present. Engineers, designers, boss of this, boss of that… no watchmakers. Drawings were shown, theories made. Everybody were blamed. Casemakers, dialmakers… none of it made sense to the only watchmaker present, me. Casings and dials were remade for eye-watering amounts of money. The solution to the problem was one tiny spring that was too strong and blocked the calendar mechanism of the watch. A fact I pointed out at our first meeting and was promptly sneered at. A proper watchmaker would have found the problem (and did) in one day for a cost of 500$ + a one-hour meeting with a prototypist.
It puzzles me that 4 times out of 5, when I try to call somebody in a Swiss watch factory, the person is in a meeting, going to a meeting or has his day off. My wild guess is, this concerns about 10% of the employees in any Swiss watch factory in the luxury segment.
Well, I finally found the answer to this riddle, in this fine article by Anne Fisher / Fortune magazine:

How to make sure nothing gets done at work

Here are the eight tactics the OSS (baby CIA) recommended for tripping up an Axis agency from the inside:
1- “Insist on doing everything through channels. Never permit short-cuts to be taken to expedite decisions.”
2- “Make speeches. Talk as frequently as possible and at great length. Illustrate your ‘points’ by long anecdotes and accounts of personal experiences.”
3- “When possible, refer all matters to committees, for ‘further study and consideration.’ Attempt to make the committees as large as possible — never less than five.”
4- “Bring up irrelevant issues as frequently as possible.”
5- “Haggle over precise wordings of communications, minutes, and resolutions.”
6- “Refer back to a matter decided upon at the last meeting and attempt to re-open the question of the advisability of that decision.”
7- “Advocate ‘caution.’ Be ‘reasonable’ and urge your fellow conferees to be ‘reasonable’ and avoid haste which might result in embarrassments or difficulties later on.”
8- “Be worried about the propriety of any decision. Raise the question of whether [it] lies within the jurisdiction of the group or whether it might conflict with the policy of some higher echelon.”

Continue Reading