Burrito's Post Makes Me Weep
Breakfast burrito has beautifully highlighted the shortcomings of Qantas Management.They have absolutely no technical expertise and understanding.Yet they are paid a fortune to make complex technical decisions unassisted.They are also not accountable.They have adopted the "divine right to manage mantra" which precludes input from expert employees.I doubt that there is an MBA or tertiary achievement/qualification any where in senior management.It has been suggested that Qantas has the most poorly educated executive of any Australian corporation.Dixon was a dimwit and surrounded himself with dimmer wits.We are paying the penalty.
Surely the large institutional investors are not pleased.The share price has tanked and no dividend has been forthcoming for three years.Time for an extraordinary shareholder meeting which would hopefully result in a no confidence motion not only in Joyce but also the board and Clifford(who also happens to be an advisor for KKR~ a private equity fund)
The girl who is the Executive Manager of Cabin Services is an ex Virgin Hostie with no qualifications apart from ambition and anger