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Old 8th Jul 2013, 15:53   #1 (permalink)
 
Join Date: Apr 2009
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Qantas' - senior executives face scrutiny

Unusual but interesting story finds (leaked?) its way into the business press today, which I find worth posting considering August is fast approaching us, reporting season.

Quote:
Qantas has hired high-level consultants to run the ruler over its senior executive team, including assessing the performance since the split of the airline's domestic and international flying operations.
BusinessDay has learnt that the consultants have been meeting the airline's senior executives for several weeks as part of an overview of the company.
Quote:
Sources said the latest hiring of consultants was not about succession planning, despite Qantas chief executive Alan Joyce being set to notch up five years in the top job in November. ''[But] everybody in the organisation is wondering what this consultancy group is going to come up with,'' one said.
The airline has hired consultants regularly in the past - most notably Bain & Company - but this time it is believed to have brought in consultants from another firm to look at the airline's structure. Qantas has had a long association with Bain. Jetstar chief executive Jayne Hrdlicka was a former senior partner at Bain and advised Qantas before she joined the airline in 2010.
my bold
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Old 8th Jul 2013, 17:52   #2 (permalink)
 
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Phase II of the Emirates takeover: lobotomy.
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Old 8th Jul 2013, 22:10   #3 (permalink)
 
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Angry

Usually, they get consultants in at vast expense to do the job which the various levels of management have been paid to do!

It's the ultimate management cop-out!!

G'day
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Old 8th Jul 2013, 22:40   #4 (permalink)
 
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Lobotomy?

When they get to Joyce, they'll find they've been beaten to it!
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Old 8th Jul 2013, 23:01   #5 (permalink)
 
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The consultants will find exactly what they are paid to find. They won't get the next gig if they 'find' anything that reflects badly on whomever brought them in.
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Old 8th Jul 2013, 23:19   #6 (permalink)
 
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OH dear....... here come the next round of salary increases and bloated Executive bonus schemes and all based on "independent" advice.

No doubt based on industry trends of top performers who QF once emulated but which are now long gone.

History makes us well justified in being cynical with this lot.
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Old 9th Jul 2013, 00:48   #7 (permalink)
 
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Quote:
Am surprised this thread is still running, the Mods must be again asleep at the wheel
I think they do a good job, I posted this because normally stories like this don't get into the mainstream press unless there is more to it, something is up, that's for sure.
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Old 9th Jul 2013, 03:10   #8 (permalink)



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Quote:
"Am surprised this thread is still running, the Mods must be again asleep at the wheel"
Why????
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Old 9th Jul 2013, 03:36   #9 (permalink)
 
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Anyone heard if there is a push for an early agm?
Perhaps the numbers aren't adding up?
Maybe Alan's calculator is still dodgy?

So many questions.....
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Old 9th Jul 2013, 05:32   #10 (permalink)
 
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Qantas senior executives under scrutiny?

I think not !!

How can Joyce scrutinize anyone when HE and his mates on the board are the problem?

The matter is absurd to say the least and a COMPLETE waste of the shareholders money.

Is it too much for the board to accept the blame for the lack of return to shareholders? Not if they can get away with it, and you can be sure that the bar will be set very low for these tossers, if at all.

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Old 9th Jul 2013, 08:10   #11 (permalink)
 
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Interesting take on the matter from Ben Sandilands, Qantas calls in more consultants, but to what end? | Plane Talking
Quote:
There are some burning questions leaping off the page on today’s very interesting Fairfax story on Qantas calling in consultants, again.

One is why would any senior executive at Qantas take two month’s leave, as is reported to be the case with Simon Hickey, the first CEO of the newly formed independently managed Qantas international division.
Yes, there can be really serious issues in private lives. But when or if they arise they usually require a resignation, not prolonged leave.

This is because of the nature of the position, the need for continuity of leadership, and this very crucial stage on the Qantas story post the Emirates partnership starting, which is a wide ranging restructuring of Qantas international and all of the on going decisions that will be needed to get the best synergies from the new arrangement.

Qantas is an enterprise that has ceased to pay dividends and has an utterly trashed share price. It has been filing some very sobering traffic reports with the ASX in recent months suggesting that it has been wounded by engaging in a capacity war, as well as the acknowledged pressure that competition has placed on yields, and it has even extended that observation to its Jetstar operations.

Management is responsible for what happens to this company, and it is a moot point that calling in consultants would be of value if all that they do is point to management failings, which are self evident from the share price and the traffic reports .

For those impatient for Qantas to exercise its options on Boeing 787-9s, which can be delivered from 2016 on should they be exercised in a timely manner, these are worrying signs
Possibly the ambulance has arrived now seeking the chaser...
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Old 9th Jul 2013, 10:30   #12 (permalink)
 
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Qantas execs being lined up yet again in the Far Queue again

Last edited by mrs nomer; 9th Jul 2013 at 10:31.
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Old 9th Jul 2013, 11:40   #13 (permalink)
 
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Jayne Hrdlika. ?!?



Seriously ?

I bet she's fantastic !! I'll pay more attention in future

I learn new things here every day, thanks!
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Old 9th Jul 2013, 13:00   #14 (permalink)
 
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Quote:
Why????
jq439 cancelled 7/7
Will QF Be Caught Up In The MERS Virus
QF Pilots Now Called "Flight Staff"
Fairfax and QANTAS
QF64 loads on 30/6?
And that's just on page 1.
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Old 9th Jul 2013, 13:10   #15 (permalink)
 
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So Wally is not whinging after all?
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Old 9th Jul 2013, 20:48   #16 (permalink)
 
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Jack Ranga:

Quote:
The consultants will find exactly what they are paid to find. They won't get the next gig if they 'find' anything that reflects badly on whomever brought them in.
Quite often consultants are brought in to provide the reasons to fire people that senior management have already targetted. That way the boss doesn't get blood on his hands.

Having been on both sides of this game - as a Consultant and later as part of a management group being scrutinised by consultants, I can make one observation with 100% accuracy:

No useful work will be done by Qantas managers from now, until the last consultant leaves the building and the axe has dropped.
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Old 9th Jul 2013, 22:12   #17 (permalink)
 
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Interestingly, in an internal memo, Alan is denying any consultants have been called in.
Someone's going to get shafted/boned!!
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Old 9th Jul 2013, 23:35   #18 (permalink)
 
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Sunny-fair enough
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Old 10th Jul 2013, 00:48   #19 (permalink)
 
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I'm still a believer of Sunfish's theory of a (now not so stealthy) QF takeover by Emirates... so is this the way that someone high up in QF gets the boot and an (ex)Emirates' employee will be installed?

Last edited by Animalclub; 10th Jul 2013 at 00:53.
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Old 10th Jul 2013, 02:22   #20 (permalink)
 
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If anyone spots a consultant.

Could you steer them away from the admin buildings & point them in the direction of an airport or aircraft.

Get them to talk to some engineers, pilots, cabin crew and ramp staff.

How could you possibly make an accurate assessment of how management strategy works without experiencing the full effect of their decisions.

MC

Last edited by Mstr Caution; 10th Jul 2013 at 02:24.
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