altscap
Well-known member
- Joined
- Nov 2, 2004
- Posts
- 91
To learn what NOT to do, do some research on Carl Ichan, Frank Lorenzo, and Jonathan Orenstein. you might look at Don Cardy as well (former AA before the flight attendents got him fired).
To expand your understanding of what is necessary in the business of aviation, or any inudstry, you really should read "From Worst to First: The Turnaround of Continental Airlines" by Gordan Bethune who is one of the very few CEO's the labor group has any respect for. he knows how to take care of his employees. Also, Lee Iacoca, former head of Ford Motor recently wrote a book titled (I think) "Where Have All the Leaders Gone?", talking about his 9 qualities a CEO should possess.
The problem is, the corporate leadership in this country doesn't have any fresh blood or new ideas. It's the same old farts bouncing around from one company to another. How often have you read an article about some bozo who used to be in the upper escelon at Pepsico being placed in the top spot at J&J (just an example). What does a food/beferage ceo know about the medical industy. NOTHING! But they all know ho wto manipulate the bottom line, and the stock price, and are excellent at Public Relations and telling investors what they want to hear, instead of telling them what's really going on.
Take jonathan orenstein for example. If middle mgmt tells him something he doesn't want to hear, he throws a temper tantrum like a 2 y.o. who isn't getting his way and finds someone else woefully unqualified to do the job, but will tel him jokes and keep a smile on his face. And he has next to no regard for his labor groups, in fact, it's well known throught the industry that he doesn't like pilots. This is why we've lost over 500 (nearly 36%) crew members this year, most of whom are FO's with less than 1 yr. seniority, and it's the same reason our reqruiting dept. is sitting on it's a$$ because everyone inthe nation knows not to come here.
One last thing, read those two books I mentioned, and do some research on Ben&Jerry's. They make money, they're profitable and their employees are happier than my collegues wil ever be.
To expand your understanding of what is necessary in the business of aviation, or any inudstry, you really should read "From Worst to First: The Turnaround of Continental Airlines" by Gordan Bethune who is one of the very few CEO's the labor group has any respect for. he knows how to take care of his employees. Also, Lee Iacoca, former head of Ford Motor recently wrote a book titled (I think) "Where Have All the Leaders Gone?", talking about his 9 qualities a CEO should possess.
The problem is, the corporate leadership in this country doesn't have any fresh blood or new ideas. It's the same old farts bouncing around from one company to another. How often have you read an article about some bozo who used to be in the upper escelon at Pepsico being placed in the top spot at J&J (just an example). What does a food/beferage ceo know about the medical industy. NOTHING! But they all know ho wto manipulate the bottom line, and the stock price, and are excellent at Public Relations and telling investors what they want to hear, instead of telling them what's really going on.
Take jonathan orenstein for example. If middle mgmt tells him something he doesn't want to hear, he throws a temper tantrum like a 2 y.o. who isn't getting his way and finds someone else woefully unqualified to do the job, but will tel him jokes and keep a smile on his face. And he has next to no regard for his labor groups, in fact, it's well known throught the industry that he doesn't like pilots. This is why we've lost over 500 (nearly 36%) crew members this year, most of whom are FO's with less than 1 yr. seniority, and it's the same reason our reqruiting dept. is sitting on it's a$$ because everyone inthe nation knows not to come here.
One last thing, read those two books I mentioned, and do some research on Ben&Jerry's. They make money, they're profitable and their employees are happier than my collegues wil ever be.
