I know that broken promises are not unusual when it comes round to election time, too often they occur at that euphoric moment when all is crystal clear in the eyes of the person making the grandios promises.
Guess who? 2011
"There will be no carbon tax under any Goveernment I lead!"
Guess who? 2014
"There will be no new taxes, no cuts to health or education!"
Guess who? 2013-2016
"We are going to unlock shareholder value!"
To keep on trumpeting a promise of something he is clearly incapable of delivering does not reflect well on the value proposition Mr Ianello stands for. His "Believability Index" score is very mediochre in my opinion.
The level of business smarts and agility required to turn this Company's performance back around to positive territory, has not been demonstrated. If anything, the downward trend of share price and underwhelming results achieved point to the major problem!
Change the people at the top, and you will change the whole culture and momentum of the Company for the better.
I know that broken promises are not unusual when it comes round...
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