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A Dark Day for Qantas
It was a dark day for Qantas today as their C.E.O.Alan Joyce announced a 6 monthly loss of $A252 million and the subsequent slashing of 5000 jobs at the airline. (www.theaustralian.com.au) Más...Sort type: [Top] [Newest]
CEO bashing seems to a favourite sport for Qantas employees and its unions. None of the past CEOs have been either popular or thought to have done the right thing according to some "expert" Q staff and union mouthpieces. Makes you wonder how Q can ever survive with such poor staff attitude to a company that is punching well above its weight in a seriously capital intensive industry. I've decided to become a loyal customer of Qantas to help them out - better support than a lot of their staff or unions. I'd hate to see China airlines get a leg up from all the negativity in this iconic Oz business. (incidentally, I do not work for Q or any or its suppliers so have no vested interest other than to wake up some very silly Australians).
And cunning rats like Virgin CEO know all the weaknesses of Q after years working at Q. So can exploit every opportunity to do Branson bidding. These poor Q staff seem to have been sucked in either by Virgin's "clever" tactics or by Labour politics via their union mouthpieces. They need to step back and see the big picture. Average Australians are happy with Q even if Q staff aren't. I, for one, want to help Q with market share contribution. Why can't each loyal Q staff member do the same? Or are they hell-bent on destroying the icon?
Sad sad staff of Q. Virgin tell us today that they even make a $80m loss with $300m injection from O/S government backers. I have no service issues with Virgin. Just feel they have got into your company's territory like a Trojan Horse and all you and your union mouthpieces can do is bash your CEO. Like you're going to find another one out there that will give you a break - wake up and go to virgin if you think it is better! Would you trust the Virgin boss?
I am just a customer and we march with our feet. After speaking to my baby-boomer friends, they think we need to back Q to give them a fair go - wonder why you guys are so bent on killing your food-chain? What have your mouthpieces been telling you? Do you think for yourselves? Sorry I'm not normally disrespectful but you seem unwilling to listen to a customer perspective.
I am just a customer and we march with our feet. After speaking to my baby-boomer friends, they think we need to back Q to give them a fair go - wonder why you guys are so bent on killing your food-chain? What have your mouthpieces been telling you? Do you think for yourselves? Sorry I'm not normally disrespectful but you seem unwilling to listen to a customer perspective.
A breakdown of costs and profits should be done by division, to help determine:
1. Whether the Jetstar divisions are hurting Qantas profitibility, no impact, or whether they are performing better than Qantas's legacy division
2. If Joyce is a bad manager, or not?
3. If Qantas legacy division is the actual cause of the great losses?
Then you'd have your pick of whether: The regulations that don't allow even competition between Qantas and its' largest competitor are the cause for the big losses? Or if the foot dragging by the unions that are having the largest impact on the losses the operation is making?
Or we can just keep blaming Joyce for making the hard decisions that whoever was the helm would have to make.
Anyone have more info or a more thorough analysis, to answer any if the above questions? Blaming the CEO is fashionable. But in the challenging environment in which Qantas finds itself, just blaming the guy having to make the tough decisions is overly simplistic and disingenuous.
1. Whether the Jetstar divisions are hurting Qantas profitibility, no impact, or whether they are performing better than Qantas's legacy division
2. If Joyce is a bad manager, or not?
3. If Qantas legacy division is the actual cause of the great losses?
Then you'd have your pick of whether: The regulations that don't allow even competition between Qantas and its' largest competitor are the cause for the big losses? Or if the foot dragging by the unions that are having the largest impact on the losses the operation is making?
Or we can just keep blaming Joyce for making the hard decisions that whoever was the helm would have to make.
Anyone have more info or a more thorough analysis, to answer any if the above questions? Blaming the CEO is fashionable. But in the challenging environment in which Qantas finds itself, just blaming the guy having to make the tough decisions is overly simplistic and disingenuous.
Let it just suffice to say that the Australian government is undertaking just such an analysis, behind the scenes as we speak, and a full report will be done in about a month. That doesn't mean it will be made public, but it will be done and presented in about a month. It may not be released to the public as it will be very frank and concise and could lead to some embarrassment of some in power, even those that ordered it. It is being done by an American firm well experienced in such matters.
Obviously action from the top down is required. I like the JAL approach when they went bankrupt. Would this be too much to ask? http://www.wdrb.com/story/9283503/japanese-airline-president-and-ceo-shares-the-pain
The JAL CEO's self-sacrifice had no material impact on the airline's finances.
What the CEO did was not insignificant, but it was merely symbolic, and motivational to get employees to buy into the sacrifices they were contributing to help the eventual survival of their airline.
While I commend what the JAL chief did for the benefit of the airline, it is not necessary. Other CEOs should not be measured against the sacrificial actions of this airline chief.
Each CEO should be measured by their individual results as a manager, no matter how they get there.
What the CEO did was not insignificant, but it was merely symbolic, and motivational to get employees to buy into the sacrifices they were contributing to help the eventual survival of their airline.
While I commend what the JAL chief did for the benefit of the airline, it is not necessary. Other CEOs should not be measured against the sacrificial actions of this airline chief.
Each CEO should be measured by their individual results as a manager, no matter how they get there.