After everyone reads the eMail/Article, consider the events that have lead CX to this point.
The
Peter Principle has come home to roost big time !!
If you are not aware of this principle - check out the link below:
Peter Principle Definition | Investopedia
Consider these situations/ "innovations" in regard to the CEO's note - and who is responsible:
- Fuel Hedging
-New aircraft sitting on ramps delivering NO revenue "no seats"
- Industrial Lawsuits "worldwide"
- Cathay Defamed pilots - pays 56 Million dollars in compensation
- Cargo Price Fixing Lawsuits/Fines - approx 1 "billion" in fines over the years from at least 4 countries
- The cost of the latest change; Personnel Department "
re-branding" to become "People Department" (are you kidding - this was the new "directors" first move on getting posted to new position)
- The cost of Re-Branding - "Cathay Dragon" (millions !!)
- New signage being installed at CX City ??
-iPads that will become surplus as "they are NOT the right "solution" for us..
-"Someone (i.e. CX CEO ?)" actually signed off & paid for the "Life Well Travelled" ad Campaign
The list could go on and on - please add.
Mr Peter must have worked at CX and completed his Doctorate thesis on his experience.
You just can't make this stuff up.....
