Originally Posted by
Progress Wanchai
Do you honestly believe the esteemed CEO who fell into the job in a Steven Bradbury moment is one of the great strategic thinkers of our time and his inaction is one of pure genius?
Or do you believe the accidental CEO is like a deer caught in the headlights?
When Willie Walsh first took the helm of Aer Lingus ( before he went to BA/IAG ) he had been running an EI subsiduary in Spain called Fortuna. With 8 737s he made more profit than the whole EI group put together and was upgraded to CEO of EI. On his first day in Dublin he closed the senior management offices on the top floor, closed the executive restaurant, executive toilets, and chauffeur limos driving them home from work. The second day he joined the workers on the 2nd floor at a standard work station. EI was back in profit with 14 months. The senior management cut by 70 %.