Post Office inquiry

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ajm
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Post Office inquiry

#61 Post by ajm »

I thought it was the Royal Mail that is up for sale.
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Bayleaf
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Post Office inquiry

#62 Post by Bayleaf »

ajm wrote: ↑Wed May 22, 2024 3:06 pm I thought it was the Royal Mail that is up for sale.
You're right - I incorrectly lump them together! :oops: Apparently they split in 2012 - funny that .......!
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exile
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Post Office inquiry

#63 Post by exile »

Bayleaf wrote: ↑Wed May 22, 2024 11:15 am Paula Vennells trying to wriggle out of any involvement of the scandal today. Is it normal for a CEO to not seem to know anything that was going on?

:evil:
While not wanting to defend PV, my experience of some senior management decisions is that it may be more common than you think for a CEO to not have a clue about what is going on.
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Bayleaf
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Post Office inquiry

#64 Post by Bayleaf »

exile wrote: ↑Wed May 22, 2024 8:59 pm it may be more common than you think for a CEO to not have a clue about what is going on.
Makes you wonder what is their purpose then?! :crazy: :)
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Wilbro
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#65 Post by Wilbro »

Too many in senior positions. Leaner hands on management is the answer. The NHS is another prime example of overloaded and overpaid management.
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Polarengineer
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#66 Post by Polarengineer »

I believe CEOs are there for the benefit of the shareholders dividends. The people running the place are following literal instructions as per ISO 9001-2015 (was ISO 2000 in my day) for fear of being innovative and useful and to avoid the bosses wrath who will use the ISO to prosecute deviants to the system.
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Hotrodder
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#67 Post by Hotrodder »

Bayleaf wrote: ↑Thu May 23, 2024 11:27 am
exile wrote: ↑Wed May 22, 2024 8:59 pm it may be more common than you think for a CEO to not have a clue about what is going on.
Makes you wonder what is their purpose then?! :crazy: :)
The answer lies in an old saying. Too many chiefs and no ****** Indians. *
* (insert your favourite expletive.)
On my headstone it will say: Please switch off mobile phones. I'm trying to get some sleep.
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Bayleaf
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Post Office inquiry

#68 Post by Bayleaf »

Who's in the hot seat next week? Thought this might come in handy ....
inquiry bingo.jpg
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niemeyjt
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Post Office inquiry

#69 Post by niemeyjt »

You forgot "Boo-Hoo" with a dose of crocodile tears.
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exile
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Post Office inquiry

#70 Post by exile »

Bayleaf wrote: ↑Thu May 23, 2024 11:27 am
exile wrote: ↑Wed May 22, 2024 8:59 pm it may be more common than you think for a CEO to not have a clue about what is going on.


Makes you wonder what is their purpose then?! :crazy: :)
As has been suggested, their prime roles are to deliver shareholder value and perhaps to ensure they deliver conformity to legal requirements. As such they rely heavily on advice given by their senior staff and external advisors. This may sound like a PV defence but ultimately they are responsible for the decisions. If they get bad advice, then it is their fault for employing advisors (internal or external) who fail to deliver.
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