PPRuNe Forums - View Single Post - Pandemic-hit Qantas weighs new pay structure to keep key executives
Old 1st Oct 2021, 11:21
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AerialPerspective
 
Join Date: Jul 2009
Location: Australia
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Originally Posted by neville_nobody
Exactly the same could be said for bonuses. Why do you need a bonus for just doing your job? And since when is there a shortage of executive talent anyway? How many MBAs are handed out each year? Is there a Uni in Australia that doesn't offer an MBA program??
Ah, "MBA" which is derisively referred to by many as 'Management By Acronym'....

It's a course offered by most Universities where students are put through an intensive program which teaches them that calling or contacting is 'reaching out', that investigating something is 'deep diving', that looking into detail is 'opening the kimono', that there is no such thing as industries or segments/sectors anymore, they must only be referred to as 'space(s)' (which begs the question, why doesn't NASA refer to its work in the 'space space' if this vacuous use of words is valid) and that any number of persons including and upwards of ONE must universally be referred to as "a cohort".

From what I've seen, after 30-40 years in various aviation businesses and other related fields, that's about all an MBA provides someone, the finely honed ability to speak without saying anything at all and to master the art of bull-hit.
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