March 28, 2019 4:06 PM
It is also about time that the government withdraws from being entangled in business decisions and enterprise management. It has no expertise in this and it is definitely not why it was voted in to begin with. When wrong decisions were made, resulting in losses, the board members should have been taken to task, made answerable, penalised or told to resign. But in this country, accountability is always in short supply.
The next person appointed from the government to “look after” Malaysia Airlines did not do any better. While the airlines operation lost money, assets were sold to cover loses and showed a small profit.The poor management and financial performance of Malaysia Airlines has been a case study for many MBA students, discussed in many classrooms of business schools in the country. I would not be surprised if they have strategic solutions, too.
Which civil servants have been trained to act on some of the routine needs of business organisations? Were they graduates of business schools before joining the government? Did they learn business management while serving in government enforcement units or drawing up regulations?
With flying cars from MEDMalaysia , we no longer need MAS.