27 Apr '16, 10pm

Malaysia Airlines:What Mueller could not do

Malaysia Airlines:What Mueller could not do by Marion Tharsis http://www.freemalaysiatoday.com Khazanah Nasional Berhad probably expected too much from Christoph Mueller when it hired him to work his charm on MAS. Despite his glorious past, the turnaround expert probably didn’t count on the work culture and ethics and, most of all, the political environment in a government-linked company. Mueller made all the obvious moves. He trimmed the work force, removed unwanted suppliers and closed unprofitable routes. What he could not do was remove political control. He probably learned soon enough that it would be futile to continue with his work, with so many hands pulling him from all sides to do their bidding. Another person may try his or her hand at making MAS profitable again, but the same pressures will reduce the CEO’s position to that of a puppet to be manipulated. So our...

Full article: https://dinmerican.wordpress.com/2016/04/28/malaysia-airl...

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