AFR & co. are going to have another field day, page-70

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readyaimfire

11,109 Posts.

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22/11/16

17:59

Post #: 20800826
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Originally posted by Dr.Who ↑

Wrong- he hasn't had an increase in remuneration. Last year he had similar incentives as contingent part of package - incentives that were not realised due to missing the target.

Just my view, repeating what said a few months ago. Punishment as a course of action only leads to failure, it is old school thinking. Sophisticated thinking first ensures a person has well rounded ability, then create a package that is mix of fixed and performance related.

Emotional outbursts as a management tool are doomed to failure. Leaders are human beings first, susceptible to demotivation like anyone else. Teach a lesson cutting pay - that would have no consequence in company finances - is a sure fire way to failure, just think how you would react if your boss said your job is twice the size but we don't rate you and we'll cut your pay.

The only people qualified to say if he is the right person for the job is the Board, they see him firsthand. Anybody else is making an ill-informed judgement based on one dimension - current company performance. The real question is a different person available that could manage better a complex international company with many moving parts? Nobody here can answer that because need to scope out inside the company. That is what we have a Board for.

If we don't trust them then as investors we vote with our feet and move into a company we can believe in.

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Hence the continuing hammering of the shareprice

SGH Price at posting: 30.5¢ Sentiment: None Disclosure: Not Held
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