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On 5/9/2003 5:53:59 AM ITRADE wrote:
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On 5/8/2003 10

30 PM BoredToDeath wrote:
Do you really think that the economics and business dealings of today are any different than 50 or so years ago? Please, spare me, the rich just want to get richer at anyones expense.
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Airline economics are certainly different than they were 50 years ago (or 30). Prior to deregulation, you had guaranteed pricing, fixed fares, monopolistic routes, and little if any incentive to operate efficiently. I am not making a rich want to get richer argument - I am simply stating that in today''s world you have to use the tools that make the corporation better and return better dividends to its stockholders - many of whom are not rich. Corporations are not welfare states.
O.K. I''ll agree with most of that, but especially the part about how mgt. has had no incentive in the past to operate efficiently.
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First of all, if things are too high and inefficent you can be sure its due to poor mgt.
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Demonstrate to me how all inefficiencies are attributable to management? Who threatened to strike and not work during all of these contractual negotiations?
Ah Ah! See above. If mgt. had no incentive to operate efficiently in the past before derregulation, show me instances of how, after deregulation, that they made changes to operate efficiently. Pulling out of markets is not what I call trying to make money.
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In which case its up to mgt. to fix these problems while working with your employees to limit the impact on their lives.
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Agreed with the first half, but where is it said that it is required of management to guarantee employment. Hint, it isn''t.
Its not stated anywhere. Just like it''s not stated on the Brooklyn Bridge, "Don''t Jump" ! Common sense would dictate that any mgr. would want to do the very best by his/her employees.
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Why you ask? Because a good mgt. team knows that with good LEADERSHIP an employee will do anything for their company, and those are the type of employees that make a company money. Not to leave out that the simple fact that mgt. has the MORAL obligation to do just that. You don''t just put people on the street then give their jobs to someone else. Its not ETHICAL.
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There is no moral obligation whatsoever. There is no contractual relationship between management and employee guaranteeing employment. All employees are essentially at will and serve at the pleasure of the ultimate management - the stockholders and debt holders. As to ethicacy, it is wholly ethical for the management to live up to their fiduciary duties and ensure that the company operates at a margin that the holders are comfortable with.
I can agree that the kind of mgt teams that have gotten this company into the mess it''s in think as you just stated. It''s time for change and a different way of thinking. Imagine how powerfull of a company U would be if we mgt. that we could trust.
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Now lets talk about outsourcing. You seem to say that outsourcing is a tool better suited to make the company run better. Sorry I''m gonna call B.S. on this one. Unless you call paying full price for an airplane that is hardly ever full, then by all means outsource away.
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It certainly is a useful tool. Note that one of the beauties of the industry - Southwest - utilizes significant outsourcing with respect to its maintenance. Are you going to chant them down from the rafters?
Plan and simple, when U outsource''s flying to another airline, U will lose money. The only thing we gain are a few pax in the system. If U does it themselfves it keeps both the pax and the money. Don''t belive me? Then why are we getting ready to purchase a massive amount of RJS. U got the scope relief it needed, if outsourcing was really that wonderfull they would let the contract carriers do it all. And as we will soon see, thats not the case.
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As for your last paragraph, it is written proof that you, like so many others in the "21st century business world" lack the simple skills needed to be part of a successfull mgt. team. ETHICS, MORALS, AND LEADERSHIP
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You forgot All Hail the Soviet in your slogan.
You''re living in a 19th century world that has moved on to bigger and better things. Your claims of "ethics, morals, and leadership" are thinly veiled covers for the fact that you''d like to see full employment of a work group that has clearly strangled and stifled the forward progress of any number of companies.
Oh well, thats fine. I''m glad that some can always be reminiscent. Makes for interesting postings.
I don''t see how these times are bigger and better for anyone except those in power who are abusing that power. It''s time for those who are in charge to change the way they conduct business. The employees deserve better than this.
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