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Old 25th Jul 2012, 23:59
  #27 (permalink)  
balance
 
Join Date: Nov 1999
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Good work, Steve!

If we consider IsDon's theory (which I happen to agree with), then what are the possible outcome's from this survey?

1. The champagne corks are already popping, and this report does nothing to assist the cause of the long sufferring employees.

or

2. Management will make noises such as "Steve's been up to his old tricks again" and this report does nothing to assist the cause of the long sufferring employees.

or

3. The unthinkable happens and we have a smoking hole in the ground. Well, at least then the authorities may have some evidence to show that the airlines weren't being managed in an appropriate fashion.

Lets face it, Steve isn't going to change the Qantas Groups path of self destruction. Nor is any other employee. It is up to the board and the pressure exerted upon it from institutional investors. But the institutionals appear to be happy with the progress and despite the lack of dividend, they can see the plan unfolding. They are just as much a part of it as the board.

So this report, despite being likely somewhat ineffectual, at least states loudly that there is a problem. Hopefully the unthinkable won't happen, but there will be an "I told you so" if it does.
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