BA to make 5,800 redundent and cut 50a/c.
On BBC breakfast they were talking about pilot losses in the 100's and cabin crew in the 1000's. I wonder how they are going to achieve that through "voluntary means"
Worrying times for all those at BA
Worrying times for all those at BA
Join Date: Dec 1999
Location: UK
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
50 a/c from last summer? Nothing to worry about then surely! The 20 odd Classics have left- 767s have started leaving- virtually no change apart from a small reduction in routes. Can't see how BA will pull them out of this one without radical action. Low fares to compete with easyJet? I can't see BA offering seats for 5 quid!
. .From the BBC ;
British Airways is to axe 5,800 jobs, cut routes and lower fares to combat losses amid a fall in passenger numbers. . .The job cuts, which will see one-in-three head office and support posts go, will take to 13,000 the total number of staff axed by BA since August.
The move, part of a package aimed at achieving cost cuts of £650m a year, follows a wide-ranging review by chief executive Rod Eddington designed to return the airline to profitability.
Ten routes will also be cut, and the number of BA aircraft reduced to 305 by mid-2003, from 354 last summer.
The carrier is also from June to cut fares on shorthaul European routes in an effort to boost passenger numbers.
"We must transform British Airways into a simpler, leaner, more focused airline so we can thrive and prosper in an increasingly competitive market," Mr Eddington said.
'Worse than expected'
Bill Morris, general secretary of the Transport and General Works Union, said the job cuts were "much worse" than had been expected.
But he told Radio 4's Today that the union would do its bit to ensure BA returned as a major forced in the aviation world.
"We will not be rushing to the barricades, but we will certainly be rushing to the negotiating table," Mr Morris said, calling for "managed" job cuts.
BA in Wednesday's statement pledged to work with union leaders to achieve the job cuts target through "voluntary means".
Competitive pressure
BA admitted the decision to lower fares on shorthaul European flights was prompted by competition from low-cost airlines, which have thrived despite the industry downturn stemming from the 11 September attacks.
The firm will also mimic budget carriers, such as Easyjet, in offering lowest fares to passengers who book through the internet, and slashing commission to travel agents.
Mr Eddington said BA would neither become a budget airline, nor "launch one".
" We will compete profitably and intelligently alongside them by adopting what they do well - online bookings, high aircraft utilisation and pricing simplicity," he said.
. .From the BBC ;
British Airways is to axe 5,800 jobs, cut routes and lower fares to combat losses amid a fall in passenger numbers. . .The job cuts, which will see one-in-three head office and support posts go, will take to 13,000 the total number of staff axed by BA since August.
The move, part of a package aimed at achieving cost cuts of £650m a year, follows a wide-ranging review by chief executive Rod Eddington designed to return the airline to profitability.
Ten routes will also be cut, and the number of BA aircraft reduced to 305 by mid-2003, from 354 last summer.
The carrier is also from June to cut fares on shorthaul European routes in an effort to boost passenger numbers.
"We must transform British Airways into a simpler, leaner, more focused airline so we can thrive and prosper in an increasingly competitive market," Mr Eddington said.
'Worse than expected'
Bill Morris, general secretary of the Transport and General Works Union, said the job cuts were "much worse" than had been expected.
But he told Radio 4's Today that the union would do its bit to ensure BA returned as a major forced in the aviation world.
"We will not be rushing to the barricades, but we will certainly be rushing to the negotiating table," Mr Morris said, calling for "managed" job cuts.
BA in Wednesday's statement pledged to work with union leaders to achieve the job cuts target through "voluntary means".
Competitive pressure
BA admitted the decision to lower fares on shorthaul European flights was prompted by competition from low-cost airlines, which have thrived despite the industry downturn stemming from the 11 September attacks.
The firm will also mimic budget carriers, such as Easyjet, in offering lowest fares to passengers who book through the internet, and slashing commission to travel agents.
Mr Eddington said BA would neither become a budget airline, nor "launch one".
" We will compete profitably and intelligently alongside them by adopting what they do well - online bookings, high aircraft utilisation and pricing simplicity," he said.
Join Date: Sep 2001
Location: At the foot of the Lammermuirs
Posts: 344
Likes: 0
Received 0 Likes
on
0 Posts
From the BA press site - <a href="http://press.britishairways.com" target="_blank">http://press.britishairways.com</a>
The 10 routes for the chop have not yet been revealed. The release confirms another story on PPRUNE that 2 777's are being sold.
Very interesting point is the RJ's are heading for MAN & BHX.
[quote]FUTURE SIZE AND SHAPE UNVEILED
Major package of measures to restore profitability
£650 million of annualised cost savings
5,800 further job losses in addition to 7,200 announced previously
Total head office and support staff to be reduced by more than a third
Significant restructuring of short haul business to compete with no frills carriers
London, Wednesday February 13, 2002: British Airways today unveiled a major package of measures designed to return the airline to profitability, following a wide-ranging analysis of its business led by chief executive Rod Eddington.
Mr Eddington said: “We started this review with one clear objective in mind - to turn this company around. We will remain true to our heritage of being a full service network carrier committed to customer service excellence and world class products. But we must transform British Airways into a simpler, leaner, more focused airline so we can thrive and prosper in an increasingly competitive market.”
The conclusions of the review - known as ‘Future Size and Shape’ - signal a significant change to the size of British Airways as it takes further steps to address its cost base and sets the company on course to achieve a 10 per cent operating margin. This will be supported by an annualised cost saving of £650 million achieved by March 2004, with £450 million of this secured by the end of the first year (2002 - 2003).
There will be a further 5,800 job losses over the next two years, in addition to 7,200 announced in September 2001. In total, this amounts to a manpower reduction of 13,000 or 23 per cent of the airline’s workforce of 56,700 in August 2001. Head office and support staff will reduce by more than a third (36 per cent). The company wants to achieve the manpower reduction by voluntary means and will work with the trade unions to achieve the target. The airline is making a provision of £200 million over the next two years for restructuring costs.
British Airways will restructure its European short haul business to provide a competitive response to the no-frills carriers.
This will include a change to its short haul pricing structure - giving business travellers and holiday makers lower fares, greater flexibility and more choice - a simpler short haul fleet and higher aircraft utilisation. The new pricing structure will be rolled out from June 2002.
The airline will cut its global distribution costs to generate £100 million of savings, including reducing payments to travel agents in the UK for short haul bookings. This is also being introduced in June 2002 and will result in British Airways’ lowest fares being available on the internet.
Mr Eddington said: “We will not become a no frills airline nor will we launch one. We will compete profitably and intelligently alongside them by adopting what they do well - online bookings, high aircraft utilisation and pricing simplicity. We will mix it with what we do well - providing a great network with frequent flights from convenient airports, as well as delivering world class customer service.
“Our premium and frequent customers remain as important as ever and we will continue to invest in products and services that they value.”
The Future Size and Shape review has endorsed the airline’s existing fleet and network strategy unveiled in 1999. Since then, the airline’s fleet and network strategy has cut capacity by downsizing and simplifying its fleet and reducing its exposure to unprofitable transfer markets. From summer 1999 to summer 2003, the airline’s overall capacity reduction will total 21 per cent.
Today, the airline announced that - as part of the strategy - a further eight routes will transfer from Gatwick to Heathrow by summer 2002 - four long haul (Mauritius, Buenos Aires, Lagos and Abuja) and four short haul (Bucharest, Kiev, Riga and Zagreb). By summer 2003, Gatwick capacity will have reduced by a total of. .60 per cent, since summer 1999.
The airline also plans to cut a further 10 routes - five long haul and five short haul - as part of the overall reduction in capacity and will announce the details of the route cuts once consultations have been completed.
Through increased aircraft utilisation and network restructuring, the UK-based fleet has been reducing steadily. From summer 2001 to summer 2003, it will have reduced by 49 aircraft - from 354 to 305.
Since December 2000, the airline has been scaling back its operation at London Gatwick to transform it into a base for point-to-point short haul flights and a limited number of long haul routes. By summer 2003, long haul destinations will have reduced from 41 in summer 2001 to 15 destinations through the suspension of unprofitable routes and moving others to London Heathrow.
A major part of the fleet simplification plan involves the transfer of 16 RJ100s based at Gatwick to the airline’s regional bases in Manchester and Birmingham. In turn, eight A319s at Birmingham will move to Heathrow to join the existing fleet of 25 A319s and 11 A320s. Four B737s will move from Manchester to Gatwick joining 29 B737s already there.
Mr Eddington said: “Simplification is key to removing cost from the business. These fleet moves mean our operations at Gatwick will be flown by just two aircraft types - Boeing 737s for short haul and Boeing 777s for long haul. For our regional bases, a simpler fleet helps to deliver operational efficiency.”
Two Boeing 777 aircraft are being sold and will exit the British Airways fleet in Spring 2002. The company will seek to sell a further five aircraft from its long haul Boeing fleet.
British Airways subsidiaries are conducting their own Future Size and Shape review, which will be announced by Spring.
Chairman Lord Marshall of Knightsbridge said: “The Board is fully behind the review and has been working together with Rod Eddington to ensure the best possible outcome. We believe that this has been achieved. The Board has no doubt that the British Airways team can deliver reform and revival in the most effective way, to the benefit of customers, shareholders and employees, alike.” <hr></blockquote>
[ 13 February 2002: Message edited by: Gaza ]</p>
The 10 routes for the chop have not yet been revealed. The release confirms another story on PPRUNE that 2 777's are being sold.
Very interesting point is the RJ's are heading for MAN & BHX.
[quote]FUTURE SIZE AND SHAPE UNVEILED
Major package of measures to restore profitability
£650 million of annualised cost savings
5,800 further job losses in addition to 7,200 announced previously
Total head office and support staff to be reduced by more than a third
Significant restructuring of short haul business to compete with no frills carriers
London, Wednesday February 13, 2002: British Airways today unveiled a major package of measures designed to return the airline to profitability, following a wide-ranging analysis of its business led by chief executive Rod Eddington.
Mr Eddington said: “We started this review with one clear objective in mind - to turn this company around. We will remain true to our heritage of being a full service network carrier committed to customer service excellence and world class products. But we must transform British Airways into a simpler, leaner, more focused airline so we can thrive and prosper in an increasingly competitive market.”
The conclusions of the review - known as ‘Future Size and Shape’ - signal a significant change to the size of British Airways as it takes further steps to address its cost base and sets the company on course to achieve a 10 per cent operating margin. This will be supported by an annualised cost saving of £650 million achieved by March 2004, with £450 million of this secured by the end of the first year (2002 - 2003).
There will be a further 5,800 job losses over the next two years, in addition to 7,200 announced in September 2001. In total, this amounts to a manpower reduction of 13,000 or 23 per cent of the airline’s workforce of 56,700 in August 2001. Head office and support staff will reduce by more than a third (36 per cent). The company wants to achieve the manpower reduction by voluntary means and will work with the trade unions to achieve the target. The airline is making a provision of £200 million over the next two years for restructuring costs.
British Airways will restructure its European short haul business to provide a competitive response to the no-frills carriers.
This will include a change to its short haul pricing structure - giving business travellers and holiday makers lower fares, greater flexibility and more choice - a simpler short haul fleet and higher aircraft utilisation. The new pricing structure will be rolled out from June 2002.
The airline will cut its global distribution costs to generate £100 million of savings, including reducing payments to travel agents in the UK for short haul bookings. This is also being introduced in June 2002 and will result in British Airways’ lowest fares being available on the internet.
Mr Eddington said: “We will not become a no frills airline nor will we launch one. We will compete profitably and intelligently alongside them by adopting what they do well - online bookings, high aircraft utilisation and pricing simplicity. We will mix it with what we do well - providing a great network with frequent flights from convenient airports, as well as delivering world class customer service.
“Our premium and frequent customers remain as important as ever and we will continue to invest in products and services that they value.”
The Future Size and Shape review has endorsed the airline’s existing fleet and network strategy unveiled in 1999. Since then, the airline’s fleet and network strategy has cut capacity by downsizing and simplifying its fleet and reducing its exposure to unprofitable transfer markets. From summer 1999 to summer 2003, the airline’s overall capacity reduction will total 21 per cent.
Today, the airline announced that - as part of the strategy - a further eight routes will transfer from Gatwick to Heathrow by summer 2002 - four long haul (Mauritius, Buenos Aires, Lagos and Abuja) and four short haul (Bucharest, Kiev, Riga and Zagreb). By summer 2003, Gatwick capacity will have reduced by a total of. .60 per cent, since summer 1999.
The airline also plans to cut a further 10 routes - five long haul and five short haul - as part of the overall reduction in capacity and will announce the details of the route cuts once consultations have been completed.
Through increased aircraft utilisation and network restructuring, the UK-based fleet has been reducing steadily. From summer 2001 to summer 2003, it will have reduced by 49 aircraft - from 354 to 305.
Since December 2000, the airline has been scaling back its operation at London Gatwick to transform it into a base for point-to-point short haul flights and a limited number of long haul routes. By summer 2003, long haul destinations will have reduced from 41 in summer 2001 to 15 destinations through the suspension of unprofitable routes and moving others to London Heathrow.
A major part of the fleet simplification plan involves the transfer of 16 RJ100s based at Gatwick to the airline’s regional bases in Manchester and Birmingham. In turn, eight A319s at Birmingham will move to Heathrow to join the existing fleet of 25 A319s and 11 A320s. Four B737s will move from Manchester to Gatwick joining 29 B737s already there.
Mr Eddington said: “Simplification is key to removing cost from the business. These fleet moves mean our operations at Gatwick will be flown by just two aircraft types - Boeing 737s for short haul and Boeing 777s for long haul. For our regional bases, a simpler fleet helps to deliver operational efficiency.”
Two Boeing 777 aircraft are being sold and will exit the British Airways fleet in Spring 2002. The company will seek to sell a further five aircraft from its long haul Boeing fleet.
British Airways subsidiaries are conducting their own Future Size and Shape review, which will be announced by Spring.
Chairman Lord Marshall of Knightsbridge said: “The Board is fully behind the review and has been working together with Rod Eddington to ensure the best possible outcome. We believe that this has been achieved. The Board has no doubt that the British Airways team can deliver reform and revival in the most effective way, to the benefit of customers, shareholders and employees, alike.” <hr></blockquote>
[ 13 February 2002: Message edited by: Gaza ]</p>
Join Date: Dec 1999
Location: UK
Posts: 13
Likes: 0
Received 0 Likes
on
0 Posts
From BA Website
16 RJ100 a/c from LGW to Bham/Man and 319s and 737s coming the other way to both LHR and LGW. Not sure the ex Cityflyer crews will be too pleased with that.
BA subsidiary's to conduct own FSS and report in Spring.
16 RJ100 a/c from LGW to Bham/Man and 319s and 737s coming the other way to both LHR and LGW. Not sure the ex Cityflyer crews will be too pleased with that.
BA subsidiary's to conduct own FSS and report in Spring.
Join Date: Jun 2001
Location: manchester,Cheshire, UK
Posts: 15
Likes: 0
Received 0 Likes
on
0 Posts
BAR: Last one out switch off the light...
"A major part of the fleet simplification plan involves the transfer of 16 RJ100s based at Gatwick to the airline's regional bases in Manchester and Birmingham. In turn, eight A319s at Birmingham will move to Heathrow to join the existing fleet of 25 A319s and 11 A320s. Four B737s will move from Manchester to Gatwick joining 29 B737s already there."
So that is it for BA in the regions. Scotland first now MAN and BHX to follow.
"A major part of the fleet simplification plan involves the transfer of 16 RJ100s based at Gatwick to the airline's regional bases in Manchester and Birmingham. In turn, eight A319s at Birmingham will move to Heathrow to join the existing fleet of 25 A319s and 11 A320s. Four B737s will move from Manchester to Gatwick joining 29 B737s already there."
So that is it for BA in the regions. Scotland first now MAN and BHX to follow.
Join Date: Apr 1999
Location: Still on the M25
Posts: 16
Likes: 0
Received 0 Likes
on
0 Posts
The webcast is live NOW on <a href="http://www.ba.com" target="_blank">www.ba.com</a> (goto inside BA, investor relations), Lord Marshall is talking at the moment, no real details as yet.
You can listen to it whilst browsing but it's gonna be a long day!
You can listen to it whilst browsing but it's gonna be a long day!
Join Date: Nov 1999
Location: Anywhere that pays
Posts: 117
Likes: 0
Received 0 Likes
on
0 Posts
Well, so that's it? Forgive me for my incredulity! I judge that the initial Stock Exchange response will harden into a further downgrading of BA shares.
The nettle needed to be grasped by our 'well-recommended' Aussie when he arrived. 'Future Size and Shape' should have been done THEN. It is now 'Past Size and Shape'. The share dividend should have been witheld then. Routes and aircraft mix needed to be looked at properly then. The excesses of the Ayling era could easily have been trimmed by a bold, new chief. It is freely admitted (even by RE) that this review was long overdue and had it been done properly, in a timely fashion, the company would have been in a far better shape to survive.
The '7000' job losses so far are, as the city knows, only paper losses, BA call them 'MPE' - 'man-power equivalent' - ie part-time working, and voluntary unpaid leave. So they 'lose' 5800 'more'? A 'REAL' total of..........5800........? By my calculation that, coupled with a 50 aircraft fleet reduction, does very little to the staff to aircraft ratio in BA - already the highest amongst its peers.
Moving 'loss-making' LGW routes to LHR from a lower cost base airport to a higher cost base? The likes of RyanAir, Go and Easyjet make money out of some of the routes BA label as 'loss-making' to and from far less attractive airports than LGW and LHR. Come on! The 'newcomers' to BA, recently taken into the fold, have seen their operating costs go through the roof, and profit turn into forecast losses, along with what can only be described as an explosion of managers. Now, the 'wise' decision to absorb CFE into the LGW operation must be in severe doubt and major problems and costs will arise in the move of the BAE fleet there plus the changes to the rest of the regional operations.
To summarise, a lot more needed to be done, a lot more focus on what an airline NEEDS as opposed to what it HAS. Expensive HQ are a (nice) luxury, loads of 'Gucci-suits' (as my friends call them) very nice to have and it is impressive to show the lovely HQ to the visitors (I know!), but............
Others airlines reacted to 11/9 far more quickly and positively, and are now being able to 'back-track' eg - furloughs being 'rethought' in the US and SIA rumoured to be putting some schedules back on etc. BA will, I think, have to go the other way before long. 5 months was far too long to take to come up with a dicky little plan like this - and it is not going to be in place for a few more!
It will be interesting to see how the unions and employees react to all of this, but I don't think they will be impressed! Management will delude themselves (and try to do so to others) into thinking that the unions are the problem, whereas with them on-side and a sensible attack on excessive overheads, I think BA could have done a whole lot better.
Good luck, buddies.
The nettle needed to be grasped by our 'well-recommended' Aussie when he arrived. 'Future Size and Shape' should have been done THEN. It is now 'Past Size and Shape'. The share dividend should have been witheld then. Routes and aircraft mix needed to be looked at properly then. The excesses of the Ayling era could easily have been trimmed by a bold, new chief. It is freely admitted (even by RE) that this review was long overdue and had it been done properly, in a timely fashion, the company would have been in a far better shape to survive.
The '7000' job losses so far are, as the city knows, only paper losses, BA call them 'MPE' - 'man-power equivalent' - ie part-time working, and voluntary unpaid leave. So they 'lose' 5800 'more'? A 'REAL' total of..........5800........? By my calculation that, coupled with a 50 aircraft fleet reduction, does very little to the staff to aircraft ratio in BA - already the highest amongst its peers.
Moving 'loss-making' LGW routes to LHR from a lower cost base airport to a higher cost base? The likes of RyanAir, Go and Easyjet make money out of some of the routes BA label as 'loss-making' to and from far less attractive airports than LGW and LHR. Come on! The 'newcomers' to BA, recently taken into the fold, have seen their operating costs go through the roof, and profit turn into forecast losses, along with what can only be described as an explosion of managers. Now, the 'wise' decision to absorb CFE into the LGW operation must be in severe doubt and major problems and costs will arise in the move of the BAE fleet there plus the changes to the rest of the regional operations.
To summarise, a lot more needed to be done, a lot more focus on what an airline NEEDS as opposed to what it HAS. Expensive HQ are a (nice) luxury, loads of 'Gucci-suits' (as my friends call them) very nice to have and it is impressive to show the lovely HQ to the visitors (I know!), but............
Others airlines reacted to 11/9 far more quickly and positively, and are now being able to 'back-track' eg - furloughs being 'rethought' in the US and SIA rumoured to be putting some schedules back on etc. BA will, I think, have to go the other way before long. 5 months was far too long to take to come up with a dicky little plan like this - and it is not going to be in place for a few more!
It will be interesting to see how the unions and employees react to all of this, but I don't think they will be impressed! Management will delude themselves (and try to do so to others) into thinking that the unions are the problem, whereas with them on-side and a sensible attack on excessive overheads, I think BA could have done a whole lot better.
Good luck, buddies.
It may be naive of me, but higher aircraft utilisation rates coupled with the forcasts of the number of BA pilots retiring in the next year or few must be good news for those of us looking for jobs. Any BA managment pilots wish to comment?
Join Date: Nov 2000
Location: Planet Claire
Age: 63
Posts: 587
Likes: 0
Received 0 Likes
on
0 Posts
Oh Dear,. .Is that it?.. No Waterside closure? No mention of a sig reduction in the HUGE management overhead? Only less staff, less a/c, less routes?. .Sorry, nettle not grasped. There may be trouble ahead!
Join Date: Jan 2001
Location: UK
Posts: 28
Likes: 0
Received 0 Likes
on
0 Posts
Just out of interest, what would be an educated guess to retrain the regional 737 crews on RJ's. I am an engineer at MAN until 31st March and my colleagues who will remain (if any) will need a good 4 months each before they can start certifying.
. .I know its not as simplistic as this but £200m / 5800 gives the ex-occupants of waterside a nice £35k payoff.
Too little too late ................
[ 13 February 2002: Message edited by: Diablo ]</p>
. .I know its not as simplistic as this but £200m / 5800 gives the ex-occupants of waterside a nice £35k payoff.
Too little too late ................
[ 13 February 2002: Message edited by: Diablo ]</p>
Join Date: Apr 2000
Location: Under the Bovingdon hold
Posts: 50
Likes: 0
Received 0 Likes
on
0 Posts
I'm not sure if Mooney works for BA or not, but he's right on. It's a pathetic 'tinkering under the hood' exercise, not a strategic review. I'm sure the city will be decidedly underwhelmed. Looks like death by a thousand cuts then (except management).
Join Date: Sep 2001
Location: At the foot of the Lammermuirs
Posts: 344
Likes: 0
Received 0 Likes
on
0 Posts
[quote]Oh Dear,. .Is that it?.. No Waterside closure? No mention of a sig reduction in the HUGE management overhead? Only less staff, less a/c, less routes?. .<hr></blockquote>
According to BBC Breakfast News the vast majority of the new cuts will come from "BA's Heathrow HQ". So contrary to the speculation here is does seem that management and support functions will be cut. You do not have to be a Harvard graduate to figure that cutting routes and aircraft means less support staff.
According to BBC Breakfast News the vast majority of the new cuts will come from "BA's Heathrow HQ". So contrary to the speculation here is does seem that management and support functions will be cut. You do not have to be a Harvard graduate to figure that cutting routes and aircraft means less support staff.
Join Date: May 2000
Location: United Kingdom
Posts: 724
Likes: 0
Received 0 Likes
on
0 Posts
Job losses which involve "a third of head office and support staff" (BBC website) is surely doing something to address the huge overstaffing in that area. I can't help feeling however that those behind the plan are the ones who would be in line for redundancy, and even if it shaped up in the future, it would simply start going bad again. What BA need is a whole new culture in the non-flying operations - it is still acting like a state-owned monolith in my opinion.
Join Date: Nov 2000
Location: Planet Claire
Age: 63
Posts: 587
Likes: 0
Received 0 Likes
on
0 Posts
Gaza......pleased to hear it.. .Lucifer.... i agree. turkeys rarely vote for x-mas.. .No one likes to see redundancies but BA's top heavy management will take the ship to the bottom and we'll all be going with them. It would send the correct message to the City if they sold Waterside. The city types might be windy, but they are not simple. Methinks they see FSAS as halfhearted. As i said before, nettle not grasped.
Join Date: May 2000
Location: Camp X-Ray
Posts: 2,135
Likes: 0
Received 0 Likes
on
0 Posts
Yeah but the toal breakdown of job losses is 8800 opertaional, 4200 head office and support. Not quite addressing the staff/aircraft ratio, but a step in the right direction. The decision to transfer the RJ100s to MAN is an unwelcome if not unexpected one, particularly as a recent business study concluded it was much more cost effective to keep the 737s there. We'll also now be paying for a shiny terminal at BHX with 16 jetties, even though we won't have a single aircraft in the regions that will fit on them. But thats BA management for you.