Blaming Simon

[Woody Guthrie]

If it was just Simon who wanted to change he would get overruled by others. Maybe a few in disagreement but the majority of higher up's must be in agreement with how he's doing thing's. Businesses don't just get run by 1 person alone.

The majority of the board are either Simon Thompson appointees or non exec directors who grudgingly turn up for their two days a month to fulfil the obligations of their lucrative contracts.

The Chairman's role is mostly political hand shaking.

Operationally it's apparently pretty much a one man band/dictatorship at board level.

Two of we count Ricky(not really a board member) but he's being sidelined from media duties at the moment on account of him having the personality of Squidward..

[Surreypostie]

If it was just Simon who wanted to change he would get overruled by others. Maybe a few in disagreement but the majority of higher up's must be in agreement with how he's doing thing's. Businesses don't just get run by 1 person alone.

The majority of the board are either Simon Thompson appointees or non exec directors who grudgingly turn up for their two days a month to fulfil the obligations of their lucrative contracts.

The Chairman's role is mostly political hand shaking.

Operationally it's apparently pretty much a one man band/dictatorship at board level.

Two of we count Ricky(not really a board member) but he's being sidelined from media duties at the moment on account of him having the personality of Squidward..

You've been around a while, how do you think this ends? Two sides refusing to budge, we are all out of work, including boss man. He seems to speak with a forked tongue or maybe the union are not being 100% honest with us?

I know I have zero time for all the politics, it's just a job, done it a while but just a job, I come in, do what I have to do and go home, if the place burns down overnight I don't really care as I'm not paid enough to care.

I like to believe the union are the honest party but as it all goes on behind closed doors, we get little from the union but a constant barrage from boss mans workplace who knows.

[k979aaa]

The very fact of the CEO is he is a product of his environment like Liz Truss this is not about politics but power they are both the same people out of there depth and hence why you should look at this clip: https://www.youtube.com/watch?v=YPqDp90f6-Y&t=360s This is the copy paste book of Leaders not just of nations but big business it's self!

[Ppat98]

If it was just Simon who wanted to change he would get overruled by others. Maybe a few in disagreement but the majority of higher up's must be in agreement with how he's doing thing's. Businesses don't just get run by 1 person alone.

The majority of the board are either Simon Thompson appointees or non exec directors who grudgingly turn up for their two days a month to fulfil the obligations of their lucrative contracts.

The Chairman's role is mostly political hand shaking.

Operationally it's apparently pretty much a one man band/dictatorship at board level.

Two of we count Ricky(not really a board member) but he's being sidelined from media duties at the moment on account of him having the personality of Squidward..

Fair enough, I don't know the details of how the board where employed. I was mainly saying that a CEO isn't as powerful as people think & can be overuled. It's happened many times to CEO's that have been more powerful than Simon. Elon musk co founder & CEO of PayPal got fired & I'm sure Elon had a hand in hiring some of the board. Seems like their all singing from the same hymn book so doubt he goes anytime soon.

[Woody Guthrie]

I think the difference between the makeup of the Royal Mail board and a lot of established companies is the fact that as it's still a relatively young company in private terms the board is pretty much made up of CEO appointees, present and past.

With companies like Apple major shareholders usually push to have representatives on the board looking after their particular interests, that does tend to lead to more CEO accountability.

You've been around a while, how do you think this ends?

A lot will depend on VESA I think, does there come a point when it's really not worth the hassle? They're an investment vehicle so for them there's nothing personal in this, it's just cold hard cash and if they don't think the numbers add up they'll take their money elsewhere.

It will have to end in some kind of agreement because the alternative is way too messy for the company to survive, it's one thing to talk about mass redundancy, fire and rehire and stuff like that but it means tearing the company to shreds and attempting to rebuild it, in this financial climate with a government on a shaky peg?

There are too many parcel companies already that would eat us alive.

I think Simon has put all his eggs in a potential takeover, if they walk away or lose patience with him he really has nowhere to go but out.

[k979aaa]

His time will come sooner than he thinks just like forma chancellor six hour on a plane and dumped as soon as he landed.

[Ppat98]

I think the difference between the makeup of the Royal Mail board and a lot of established companies is the fact that as it's still a relatively young company in private terms the board is pretty much made up of CEO appointees, present and past.

With companies like Apple major shareholders usually push to have representatives on the board looking after their particular interests, that does tend to lead to more CEO accountability.

True, RM is relatively young as a private company so may have a different power structure to the more famous companies.

[Seamus70]

Probably the most famous example is of Steve Jobs being removed as CEO of apple because of the board being in disagreement with him & he was also Co founder. Wouldn't think it's possible to kick a founder out but it happened.
[True, but he got his own company back in time, such was the resolve of this truly remarkable man. Alas it was pancreatic cancer that beat him in the end. He was a truly visionary man, unlike the muppet Thompson and his cronies. RIP Steve./quote]

[Clappedoutpostie]

True, RM is relatively young as a private company so may have a different power structure to the more famous companies.

International Distribution Services is even younger.

[sfxdby]

Why do people keep calling Thompson by his Christian name, like he's some mate who's gone a bit astray?

That man has zero respect for each and everyone of us below director level.

He deserves the same in return.

Absolutely. He's a c@@t. And he doesnt wan't to come into my office.
No seriously, I have severe anger management problems, and he may sh*t himself.

[Ppat98]

[True, but he got his own company back in time, such was the resolve of this truly remarkable man. Alas it was pancreatic cancer that beat him in the end. He was a truly visionary man, unlike the muppet Thompson and his cronies. RIP Steve.

Yeah founder's like Steve Jobs tend to care alot about their companies because they built it from the ground up. If you dabble in stock investing, founder led companies are the way to go. Obviously can't apply to a 500 year old company like RM. Just have to check the history of the guy in charge & his team.

[Ppat98]

True, RM is relatively young as a private company so may have a different power structure to the more famous companies.

International Distribution Services is even younger.

Not really younger. They just changed the name of the parent company.

[DirtyHarry]

Why do people keep calling Thompson by his Christian name, like he's some mate who's gone a bit astray?

That man has zero respect for each and everyone of us below director level.

He deserves the same in return.

Yes just call him STAIN. We all know what kind of stain.

I think we all do.

[DirtyHarry]

Why do people keep calling Thompson by his Christian name, like he's some mate who's gone a bit astray?

That man has zero respect for each and everyone of us below director level.

He deserves the same in return.

Absolutely. He's a c@@t. And he doesnt wan't to come into my office.
No seriously, I have severe anger management problems, and he may sh*t himself.

Wouldn't be the first time he's done so either, I'll wager.