Go Back  PPRuNe Forums > PPRuNe Worldwide > Australia, New Zealand & the Pacific
Reload this Page >

MERGED: Alan's still not happy......

Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

MERGED: Alan's still not happy......

Old 26th May 2014, 21:43
  #4341 (permalink)  
 
Join Date: Aug 2004
Location: Melbourne, Australia
Posts: 7,399
The The:
As for LC, $700k per annum for doing next to nothing. Not a bad simi-retirement gig. I honestly think he doesn't care what happens at all.
Spoken with the certainty of someone who has never had the Chairmans job.

Let me tell you it is a minefield. $700K is light on for that job at present. I might not like the strategy, but don't underestimate the difficulty of managing the competing agendas.
Sunfish is online now  
Old 26th May 2014, 22:27
  #4342 (permalink)  
 
Join Date: Dec 2013
Location: Weltschmerz-By-The-Sea, Queensland, Australia
Posts: 683
But Sunfish, it does not appear that he is managing any of the competing interests. Rather, it appears that a strategy was decided in 2008, and nothing has changed that. I am aware that being a director carries some risk- how much of a threat would that have been up until now? (Serious question...I am ignorant of the nuances)
Australopithecus is online now  
Old 26th May 2014, 22:55
  #4343 (permalink)  
 
Join Date: Aug 2013
Location: China
Posts: 1
Uninformed opinion only....

Leigh Clifford has achieved a lot in business.

He has been a CEO and has served/serving on many boards.

He has a good reputation - and in his circle I would imagine reputation is almost as important as the value of your family trusts.

It is important to remember that Qantas is his first Chairmanship.

This role is the cherry on top - crowning glory if you like.

He cannot be seen to fail. Business success defines him.

Failure will be whispered about at Royal Melbourne Golf, The Anthenaeum and Melbourne Clubs.
Kloud9 is offline  
Old 26th May 2014, 23:17
  #4344 (permalink)  
 
Join Date: Mar 2006
Location: Melbourne
Posts: 468
Sunfish,

You'd be right normally, but this seems somewhat different. If it's true that AJ and LC have the complete support of the board, you'd have to think that there are few competing agendas.

Kloud9,

Whispered? The Alcan debacle lost billions for Rio with his hand on the tiller and here he is chairing Qantas. Yup, success breeds success doesn't it?

Last edited by AEROMEDIC; 28th May 2014 at 14:02. Reason: Typo
AEROMEDIC is offline  
Old 27th May 2014, 00:41
  #4345 (permalink)  
 
Join Date: Aug 2004
Location: Melbourne, Australia
Posts: 7,399
The job of Director these days is a very heavy one, more so the chairman. The Board is there to protect the assets of the shareholders, to ensure that the company is operated within the law and to ensure that the principles of good corporate governance are followed - that means the process by which decisions are made and most importantly, to ensure the risks are understood and managed.

The penalties for failing in these duties are severe and for an entity like Qantas in its current situation, I would imagine that Directors lose quite a bit of sleep every night.

The Board only really should influence business strategy at one remove in my opinion. If they don't like unions then they hire a like minded CEO. If Qantas is going into China, then the CEO (Dixon) would have had to convince the Board that this was a good idea, not vice versa.

These days, a Board members job is not for the faint hearted. They are dealing with issues that would scare the pants of the average employee. I have lost count of the number of "would be if they could be" types who thought my CEO gig and Directorships are a doddle once you know the secret handshake. They aren't and I while I criticize Qantas strategy, I've never said that Alans and the Boards jobs were easy.
Sunfish is online now  
Old 27th May 2014, 00:44
  #4346 (permalink)  
 
Join Date: Aug 2004
Location: Melbourne, Australia
Posts: 7,399
Kloud9:

Reputation is all you have. Keep it unblemished or the phone doesn't ring.

Failure will be whispered about at Royal Melbourne Golf, The Anthenaeum and Melbourne Clubs.
Actually no. Much too polite.
Sunfish is online now  
Old 27th May 2014, 02:55
  #4347 (permalink)  
 
Join Date: Oct 2013
Location: McHales Island
Age: 64
Posts: 139
Kloud9


If that a$$clown Clifford cannot be seen to fail, then maybe it's time for him forget about union busting, morale busting and damn the torpedoes etc and be actually seen as a SUCCESS by uniting the staff, treating them as his most valuable asset (which they are) and dragging Qantas back to where it once was as a successful and highly regarded airline. In my humble opinion the only hard decision to make is cast off Jetcancer and let it stand on its own undercarriage and get back to the basics of running an airline!!!


McHale.
Capt Quentin McHale is offline  
Old 27th May 2014, 07:25
  #4348 (permalink)  
Thread Starter
 
Join Date: Jul 2003
Location: In da Big Smoke
Posts: 2,336
The job of Director these days is a very heavy one, more so the chairman. The Board is there to protect the assets of the shareholders, to ensure that the company is operated within the law and to ensure that the principles of good corporate governance are followed - that means the process by which decisions are made and most importantly, to ensure the risks are understood and managed.
Which would beg the question what they are smoking at QF?

You can only assume that the board is following the direction from the major shareholders. I couldn't see how their strategy protects the assets of the shareholders.
neville_nobody is offline  
Old 27th May 2014, 07:37
  #4349 (permalink)  
 
Join Date: Apr 1998
Location: Mesopotamos
Posts: 1,246
I reckon the board is busy trying to build Qantas' replacement - Jetstar. With new work arrangements/agreements/contracts they will all be jumping ship once the Qantas carcass has all dried up, followed by a rebranding back to Qantas a few years later if it suits them.

Or they could just be really, really, really stupid. Hands up those that think they could do a better job at runnung Qantas.

cattletruck is offline  
Old 27th May 2014, 08:22
  #4350 (permalink)  
 
Join Date: Jul 2006
Location: Lhr - Syd - Lax
Posts: 356
Pick me .. and a whole bunch of my compatriots.
noip is offline  
Old 27th May 2014, 23:04
  #4351 (permalink)  
 
Join Date: Oct 2008
Location: Australia
Posts: 25
Spot on Cattletruck, and that's what the punters said from the early stages of Jet* back in 06/07 (I dare say just because of I heard it then, doesn't mean the rumours didn't start before 03 though)
EchoNovemberTango is offline  
Old 27th May 2014, 23:05
  #4352 (permalink)  
 
Join Date: Oct 2011
Location: WA
Age: 66
Posts: 140
Whispered? The Alcoa debacle lost billions for Rio with his hand on the tiller and here he is chairing Qantas. Yup, success breeds success doesn't it?


Eh? He certainly wasn't global CEO, then or ever. That one was down to Tom Albanese, and he wore the consequences.
ranmar850 is offline  
Old 27th May 2014, 23:09
  #4353 (permalink)  
 
Join Date: Jun 2011
Location: S33E151
Posts: 835
Someone with known experience operating mechanical equipment, being across a range of technical aspects in fields similar to aviation and having a long documented record in fields of customer satisfaction:

https://www.flickr.com/photos/figgles1/2388808110/

I couldn't help myself...
V-Jet is offline  
Old 28th May 2014, 00:06
  #4354 (permalink)  
 
Join Date: Mar 2002
Location: Oz
Posts: 381
I reckon the board is busy trying to build Qantas' replacement
Perhaps. Why not ask ex-director and current GG to explain the Board's rationale? Maybe not. He may have had a stellar military career, well documented, but very little has been published of his time in this directorship. Knighthood beckons.

These guys and gals saunter in an elite, untouchable, class.
Clipped is offline  
Old 28th May 2014, 02:04
  #4355 (permalink)  
Keg

Nunc est bibendum
 
Join Date: Apr 1999
Location: Sydney, Australia
Posts: 5,177
Lightbulb

I think the puff piece about the J* CEO is more about the tenth birthday celebrations and holding the wolves at bay re their performance than any direct candidacy towards running the Qantas Group.
Keg is offline  
Old 28th May 2014, 02:36
  #4356 (permalink)  
 
Join Date: Feb 2009
Location: In a pipe in the upstairs water closet
Posts: 220
One only hopes...

Fuel-Off
Fuel-Off is offline  
Old 28th May 2014, 06:30
  #4357 (permalink)  
 
Join Date: Jul 2007
Location: Sydney
Posts: 230
Disgraceful - those workers who have lost their jobs in Brissie and Melbourne call centres found out through the media. This company's pathetic 'communication' continues.........
Qantas 787 is offline  
Old 28th May 2014, 09:09
  #4358 (permalink)  
 
Join Date: May 2008
Location: Australia
Posts: 75
Its all about engagement. The floggings will continue until moral improves.
lamem is offline  
Old 28th May 2014, 11:01
  #4359 (permalink)  
 
Join Date: Aug 2007
Location: australia
Posts: 213
Turnaround strategy is obviously hitting high gear, tonight Jetstar advertise $25 fares Avalon to Sydney...way to go to fix a huge Group black hole.

Reeks of Compass, 1 and 2 selling two for one seats.

Who pays these guys???
rodchucker is offline  
Old 28th May 2014, 11:15
  #4360 (permalink)  
 
Join Date: Apr 2009
Location: Budapest
Posts: 34
And I hear that they are offering half price staff travel on Jetstar for the Qantas Group employees.....soon Qantas will be paying it's employees to fly on Jetstar just to get the pax numbers up and make their load factors look good!!! It seems to be the beginning of the end of a once great airline.
cynphil is offline  

Thread Tools
Search this Thread

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.