Qantas Commits Suicide –
– Aims at Unions’ Gooleys and Shoots Self In Heart
Alan Joyce, a person who appears not to properly grasp the iconic emotional attachment of Australians to the airline he “runs”, and fresh from his greedy, stupid, unearned ~70% pay increase to $5,000,000 a year, has lost no time in proving how little he deserves to be paid at all.
Anyone who has any true, properly developed people skills and understanding of ethical negotiation would have sorted this industrial dispute long ago. But he has apparently grown up with a belief in confrontation and win-lose styles and no ability to persuade, lead, inspire or any of the other qualities which many people on $50,000 a year have and that someone who is paid $5,000,000 a year should be required to have at the highest possible level.
Apparently he claims to be protecting the airline from having its brand trashed by the unions.
As Nick Xenophon says:
“Alan Joyce doesn’t need any help trashing Qantas’ brand.
“He’s done a pretty good job so far and this bizarre move appears to be the next phase in a plan to gut the flying kangaroo.”
As for his pay rise, Sir Roger heard a Qantas shareholder opining that Joyce had done a “pretty good job” and another saying he thought there was a chance Joyce would probably do all right in future.
Any senior executive of a public company will tell you that the CEO’s prime directive is to maximise the return to shareholders. And yet Joyce has been rewarded for presiding over:
- a halving of the Qantas share price since he took the helm
- a wholesale trashing of its brand value
- and a massive loss of confidence in what was Qantas’s huge and statistically undefeatable advantage – its unrivalled reputation for safety.
Go to your boss and request a 70% pay rise on the basis that some people think you have done a “pretty good job” and that you think there’s a chance you will probably do all right in the future. Tell him/her that there’s a public precedent that’s been set by Alan Joyce.
And if it’s good enough for the Qantas board to reward him for that, it’s got to be good enough for your boss to reward you even better in advance for being at least competent.
Posted: 29 October, 2011 in Aussie Citizenship, Australian Politics, Australian Values, Culture, legal, politics and government, values.
Tags: Alan Joyce, Australian Values, aviation, brand, brand value, greed, grounding, Joyce, pay increase, pay rise, Qantas, Qantas brand, qantas commits suicide, Qantas grounding, Qantas share price, safety, safety reputation, share price, shareholders, trashing qantas, unions, values