4 ms·
Maybe there is something between the lines, but it really does not say much other than the obvious "our operations are worse than other carriers".
by thrdbndndn 5y ago
Maybe there is something between the lines, but it really does not say much other than the obvious "our operations are worse than other carriers".
- atatatat 5y agoWhat more should leadership (or investors) need to hear?
- thrdbndndn 5y agoI'm saying it doesn't add much to the news.
- rgj 5y agoIt adds the lack of another reason, i.e. there is no mention of for instance a pilot shortage or vaccination restrictions.
- NegativeLatency 5y agoMaybe a symptom of trading efficiency for resiliency?
- hef19898 5y agoIn my experience, efficiency usually results in an increased level of resilience. You can easily sacrifice both, jeopardizing profits. Every time I saw that happen, it turned out some department-specific KPI (it doesn't matter which department, finance, production, sales, logistics,..) looked really good while that happened. All other sucked, but nobody cared. IMHO, this over emphasis on one silo, at the expense of all the others, puts so much stress on those other functions that they only can crack if something external puts even more stress on them. I guess that is what Covid and all the resulting disruptions is doing. Some orgs crack earlier than others, every one does have its cracking point so. The question is if an organization can adapt before it reaches its breaking point. Southwest it seems reached it before others.
- Zigurd 5y agoI have never seen a KPI that is sophisticated enough to not get gamed and not create perverse incentives.
- hef19898 5y agoSingle KPIs definitely not. Good system come close enough, more often then not I think the issue is the culture that prioritizes one KPI over all others. Or one department's priority.
- nradov 5y agoThat's why large enterprises typically use something like a balanced scorecard instead of individual KPIs. https://hbr.org/1992/01/the-balanced-scorecard-measures-that-drive-performance-2 https://hbr.org/1992/01/the-balanced-scorecard-measures-that...
- koheripbal 5y agoIm skeptical of a statement from the Union in this case. They may have ulterior motives to releasing a statement like this.
- deleted 5y ago[deleted]