For your consideration.
The philosophy of ownership is intended as an alternative to 100 years of Australian adversarial industrial negotiations. It has at its heart, employee voice/participation, productivity and a fair share of enterprise contribution put at risk by shareholders and employees alike. It is not a panacea for all that one doesn’t like about where Qantas is going, but it is a concept that has saved a lot of companies and jobs in the UK & the US.
Yes, I do admit that Australia’s industrial system got us by quite OK; right up until we found ourselves in the deep end of globalisation - a genie no one has been able to put back in the bottle.
Experience elsewhere in the world has shown that employee shareholders are able to influence company policy and strategy and right now it is QF’s strategy that is underpinning all the angst. That said, there is a world of difference between turning Qantas around and using the current Qantas situation to fight legitimate concerns about the unintended consequences of globalisation.
To be frank, why would Government/Shareholders do the heavy lifting necessary to save Qantas International if QF’s own employees won’t get behind a strategy that has the potential to save their jobs by bringing together Government, Shareholders and Staff.