Monday, May 7, 2012

MAS/Air Asia the Singapore Way

The Malaysia Insider,"Politics dictating future of Malaysia Inc, says Singapore paper", quoting an article from the Singapore Business Times "What the unions have wrought" sub headed, It was MAS' unions that made up the government's mind over fears about the share swap with AirAsia-
“Whichever way one slices it it looks like only one conclusion politics is dictating the future of Malaysia Inc And that is scary” it said
Yes, PM Datuk Seri Najib should not have acquiesced to the unions. He should have made this not so scary kind of decision -
I can assure you that in Singapore, when we decide that they are breaking the rules of the game, the unspoken rules as to how we survive, how we have prospered, then either their head is broken or our bones are broken.

So we are telling them, both management and unions, ‘you play this game, there are going to be broken heads’.
The Singapore way does not allow politics to dictate business -
I do not believe that popular government means you have to be popular when you govern. I think the best thing to do is to do all the unpopular things when you are governing so that at the end of your term, you have the choice of a date when you feel that they will be most grateful that you’ve done all these unpopular things and they vote for you.
What's a few broken heads as long as people will vote for you?

Source, "Lee Kuan Yew: Govt cannot let pilots have their way"

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