| Good Luck AKS; Good Luck Unions; Good Luck Management |
| Monday, November 10, 2003 11:50:31 AM - Middletown Ohio |
Yahoo message boards are optimistic.
Here is an example from: munnymaker2003
My guess is that the union employees are forever hurt by past management and will never be able to get past thier hurt. Unfortunately, they need to put the past aside and use the new CEO as momentum to bring back profitability.
Other matters... AKS will always have union employees. No need to discuss whether they are good or not (as they will always be both good and bad). Instead, need to focus on how the employees, who make make up AKS, can contribute to profitability (i.e., contract negotiations).
Management will (or will not) determine the proper course for profitability. If unions do not participate in reducing labor costs, mangement will work to reduce costs elsewhere. Most likely without luck.
The union need not get heavily involved in the way management runs the company. It's not up to the union to "run" the company. The union needs to assure a skilled work force is available and working. If management fails, then so be it. It takes both sides to run a good company. Won't be the first unionized company to fail and won't be the last.
By all means, I pray for profitability as I have relatives in the union and others collecting pensions. I pray because my bitching and moaning about management and union does no good. I pray because blaming management and the union only hurts the company further. I pray the new management has the leadership needed, otherwise AKS is doomed.
There are no second or third attempts at turning around this "billion dollar/quarter" company, which, with its "huge" quarterly revenues, can't turn a profit.
Good Luck AKS; Good Luck Unions; Good Luck Management
MM2003
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