Rising to Their Own Level of Incompetence
When Qantas was taken over by Strong and his management team the corporate memory and soul of Qantas was essentially lost.Strong was a self promoting show pony who didnt have a clue how to run an international airline.He left and was replaced by Dixon.Here was an individual who was a middle aged ex journo with even less credentials than Strong.He quickly realized he wasnt up to the task and surrounded himself with people who were even less competent than himself.They all found themselves on the ultimate gravy train.Oldmeadow and BCG were running the show.Dixon and his cronies had their noses in the trough.
Then someone came up with idea of flogging Qantas off and then siphoning off large fees for doing so.This was more than likely Oldmeadow' ideas.It was also about this time that Strong joined the board for no other reason than to partake in the carve up of fees that were to be generated
No one was at the helm.Decisions were being made by incompetents and no one was overseeing these decisions.The business was going to be flogged off anyway.Problems that would emerge would be dealt with someone else.
The deal fell over and now we have the mess that Dixon created not being cleaned up.It can't be cleaned up by this lot because they dont know how.The company needs a new board and a new management team.
What will be the catalyst for that?
Thats the scary question