Why we need a German to sort out MAS? Just like Margaret Thatcher, who used an American to sort out British Leyland and British Steel, we need an outsider to get things done instead of being affected by local politics.
'Put simply, in the divided and polarised 1Malaysia of today, no Bumiputra Malay will be allowed to do what is necessary or doggedly pursue what it takes, to completion. They will succumb to political interference and pressure. When accused of being traitors to their own kind, the dreaded "Jebat, Hang Tuah and derhaka" cry, they will not be able to make those hard decisions. They will wilt under Perkasa and ISMA's accusations, and dare not allow meritocracy to flourish and MAS to spring back to a meaningfully profitable life. They would rather the government print more and more money to bailout MAS, than lay-off one excessive worker. Where ruthless efficiency will be the bitter pill required to be swallowed, we can be very assured that they will substitute it with namby-pamby, syrupy, mollycoddling!
This is how Mahathirism has programmed the ultra-Bumiputras, especially the Malay elite mind. They will set the bar lower rather than higher, until the government itself collapses. One local CEO will plumb for outright buying of aircrafts one year, another will push for leasing the next, both options being acceptable as million dollar kick-backs in the airlines industry are nothing new in a highly competitive arena and cut-throat business domains.
Will appointing a Chinese or Indian work? No! The Chinese will be told that one must not break a fellow citizen's rice bowl or they can return to China, the Indian, that he should be grateful his grandfather was granted citizenship and that besides, the culture at MAS is such that the staff will boycott a non-Bumiputra CEO. 'Apa lagi you mahu, anak pendatang?' (what more do you want, children of immigrants) will be the insulting reaction. Race, religion, colour, creed and culture will all be used to make life for a non-Bumi CEO at MAS, untenable and unworkable.
Mueller, however, will have arrived with no baggage or tag. He does not have to look at who stole what, when, where and who from before he arrived. That will be PM Najib and Khazanah's job. He will not have to worry about Bumiputra and Malay quotas. His remit will be to transform MAS back into the 5-star profitable airlines star it used to be. He knows no one can achieve that by offering 3-star service, soggy nasi lemak, limp noodles and being side-tracked by cut-throat low cost airlines upstarts. Mueller's job will be to capitalise MAS at the optimum cash plus borrowing (gearing) level and maximise profits. In other words, the return on capital must meet industry norms.'
More:
http://donplaypuks.blogspot.com/2015/06/why-german-thomas-mueller-is-right.html
E.S. Shankar likes to use pseudonyms to thinly disguise his facts as fiction. But in this article, only the name of the German is different: Thomas instead of Christoph Mueller, and I am sure it was a deliberate mistake. In fact, I prefer his facts than so-called fiction (he tends to get carried away in using pseudonyms) because of his qualifications and extensive experience in accounting, audit and finance.
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'Put simply, in the divided and polarised 1Malaysia of today, no Bumiputra Malay will be allowed to do what is necessary or doggedly pursue what it takes, to completion. They will succumb to political interference and pressure. When accused of being traitors to their own kind, the dreaded "Jebat, Hang Tuah and derhaka" cry, they will not be able to make those hard decisions. They will wilt under Perkasa and ISMA's accusations, and dare not allow meritocracy to flourish and MAS to spring back to a meaningfully profitable life. They would rather the government print more and more money to bailout MAS, than lay-off one excessive worker. Where ruthless efficiency will be the bitter pill required to be swallowed, we can be very assured that they will substitute it with namby-pamby, syrupy, mollycoddling!
This is how Mahathirism has programmed the ultra-Bumiputras, especially the Malay elite mind. They will set the bar lower rather than higher, until the government itself collapses. One local CEO will plumb for outright buying of aircrafts one year, another will push for leasing the next, both options being acceptable as million dollar kick-backs in the airlines industry are nothing new in a highly competitive arena and cut-throat business domains.
Will appointing a Chinese or Indian work? No! The Chinese will be told that one must not break a fellow citizen's rice bowl or they can return to China, the Indian, that he should be grateful his grandfather was granted citizenship and that besides, the culture at MAS is such that the staff will boycott a non-Bumiputra CEO. 'Apa lagi you mahu, anak pendatang?' (what more do you want, children of immigrants) will be the insulting reaction. Race, religion, colour, creed and culture will all be used to make life for a non-Bumi CEO at MAS, untenable and unworkable.
Mueller, however, will have arrived with no baggage or tag. He does not have to look at who stole what, when, where and who from before he arrived. That will be PM Najib and Khazanah's job. He will not have to worry about Bumiputra and Malay quotas. His remit will be to transform MAS back into the 5-star profitable airlines star it used to be. He knows no one can achieve that by offering 3-star service, soggy nasi lemak, limp noodles and being side-tracked by cut-throat low cost airlines upstarts. Mueller's job will be to capitalise MAS at the optimum cash plus borrowing (gearing) level and maximise profits. In other words, the return on capital must meet industry norms.'
More:
http://donplaypuks.blogspot.com/2015/06/why-german-thomas-mueller-is-right.html
E.S. Shankar likes to use pseudonyms to thinly disguise his facts as fiction. But in this article, only the name of the German is different: Thomas instead of Christoph Mueller, and I am sure it was a deliberate mistake. In fact, I prefer his facts than so-called fiction (he tends to get carried away in using pseudonyms) because of his qualifications and extensive experience in accounting, audit and finance.
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