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In a span of six months the Qantas CEO went from ‘the greatest CEO in Australia by a length of a straight’ to being fully forsaken.
Cognitive bias makes you accomplish some if truth be told insensible things. After we accomplish something right, we manufacture our have subjective actuality and easily assume this could presumably additionally honest match again. Alan Joyce is a top seemingly example.
In 2011, with the solid backing of the Qantas board, Joyce controversially grounded all flights to curb union vitality and wages. At the time, Joyce accused the unions of “trashing our technique and our stamp … deliberately destabilising the corporate and there’ll not be any cease in survey”.
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News About the Author
Adam Schwab is a stale company licensed professional, angel investor and the co-founder of Luxury Escapes, a Melbourne-based fully plug company. He has written for Crikey and SmartCompany since 2005, hosts the From Zero podcast, and is the author of Pigs on the Trough: Classes from Australia’s Decade of Corporate Greed. He is a stale board member of Interior most Media, the author of Crikey.