Originally Posted by
pax britanica
Widescreen and PP , I certainly share your views about the self inflicted disaster we currently face (tho it appears the City isnt as badlye ffected as 'proper' indesutries . My comment about size was that it is relaly ahrd for a small country in global terms despite qa moderate popualtion size will sruggle up agains t the USA and China and the Eu. Debatebly one could add india to this list as its military is probably bigger than the UK with Brasil and Indonesia soon to follow.
These kinds of CEOs are the commercial world equivalent of Trump (who of course has a foot in both camps) johnson , Putin, Erdogan , Bolsanaro .. They all play the same game adapted to the style and circumstance of their countries . it looks to me like he is just there to be a hatchet man. He is from outside aviation although he was senior figure at BP and the Chair has no knowledge of anyhting technically complex . Same ol' mantra, shareholder value, delivering, driving etc ... All comes down to one thing mass redundancies and scaling back investment to bump up the short term while another genuinely world scale UK entity slides into history.
Indeed, so small countries need to get into bed inside the local hegemon. Or pursue a web of alliances that create even more interdependency and greater loss of sovereignty than being inside the local hegemon. The UK has been trying to have its cake and eat it ever since 1945. Something tells me that it is even less possible now than ever.
Originally Posted by
paulross
Indeed, Nokia's problems started long, long before Stephen Elop arrived. By then Nokia, like Kodak, was too far gone to survive.
Disclaimer: I was working for Symbian and we had just been acquired by Nokia a couple of years before. I remember very well when that memo hit.
And RR got on the the wrong side of Brexit that cost them £4.4bn with their
GBP/USD exchange rate hedge
Yes, I remember that period very well indeed, for much the same reason.
RR is now permanently on the wrong side of Brexit. If you are not at the table you are on the menu. At this stage RR is poorly performing prey.