Joined: Dec 22 2001 Posts: 17146 Location: Olicana - Home of 'Vark Slayer
The Devil's Advocate wrote:In this respect, I'm surprised no one has mentioned Carillion, or is that too toxic for a slightly quirky message board?
Exactly what I said;
Quote:That's the risk of capitalism. If the gamble works the return is profit. If it fails you are supposed to pay the price. But those responsible in major projects, as with the financial collapse, rarely do. It's the poor suckers further down the line who do.
Carillion knew they were in trouble yet continued to pay obscene salaries & bonuses. 20,000 UK jobs at risk. I can guarantee Carillion bosses who have not milked a cozy pension will be walking into top jobs at other multi national construction companies. A story of recklessness, hubris and greed.
“At last, a real, Tory budget,” Daily Mail 24/9/22 "It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
A member of the Guardian-reading, tofu-eating wokerati.
Joined: Feb 27 2002 Posts: 18060 Location: On the road
King Street Cat wrote:Privatise the profits and socialise the losses. It's never those who are at fault who pick up the tab.
In the meantime bank the taxes
Your job is to say to yourself on a job interview does the hiring manager likes me or not. If you aren't a particular manager's cup of tea, you haven't failed -- you've dodged a bullet.
Joined: Feb 27 2002 Posts: 18060 Location: On the road
tigertot wrote:Exactly what I said;
Carillion knew they were in trouble yet continued to pay obscene salaries & bonuses. 20,000 UK jobs at risk. I can guarantee Carillion bosses who have not milked a cozy pension will be walking into top jobs at other multi national construction companies. A story of recklessness, hubris and greed.
How did Carillion ever get a public contract? possibly because they were the lowest bidder by a distance.
That company was rotten to the core - not all private business is run with such lowly ethics/culture. I would suggest the high up people in that business will struggle to gain employment in a any kind of sizable business.
Your job is to say to yourself on a job interview does the hiring manager likes me or not. If you aren't a particular manager's cup of tea, you haven't failed -- you've dodged a bullet.
Joined: Dec 22 2001 Posts: 17146 Location: Olicana - Home of 'Vark Slayer
Sal Paradise wrote:How did Carillion ever get a public contract? possibly because they were the lowest bidder by a distance.
That company was rotten to the core - not all private business is run with such lowly ethics/culture. I would suggest the high up people in that business will struggle to gain employment in a any kind of sizable business.
My parents had their own business, just my Dad running it on a day to day basis. I know what it takes to keep it going, about simple morals & business ethics, & who suffers if it struggles. There are a handful of large construction companies & consultants in the UK capable of dealing with projects >£20m. It is a merrygoround of senior managers between them. I have seen numerous companies go bust, taking small suppliers & sub contractors with them, only for the same people to crop up soon after.
“At last, a real, Tory budget,” Daily Mail 24/9/22 "It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
A member of the Guardian-reading, tofu-eating wokerati.
Joined: Feb 27 2002 Posts: 18060 Location: On the road
tigertot wrote:My parents had their own business, just my Dad running it on a day to day basis. I know what it takes to keep it going, about simple morals & business ethics, & who suffers if it struggles. There are a handful of large construction companies & consultants in the UK capable of dealing with projects >£20m. It is a merrygoround of senior managers between them. I have seen numerous companies go bust, taking small suppliers & sub contractors with them, only for the same people to crop up soon after.
I would suggest the skill set of running a large project is not in the skill set of the main directors of Carillion it will be in the senior project managers/engineers. Very slim chance of the Chairman/CEO/CFO ever appearing on the board of a major construction company in the future.
They will do well to avoid being struck of as directors and stuck off their professional bodies.
Your job is to say to yourself on a job interview does the hiring manager likes me or not. If you aren't a particular manager's cup of tea, you haven't failed -- you've dodged a bullet.
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