This morning's papers are ablaze with coverage of the Australian Prime Minister's response to the unions that take a short term view of employment and disregard the lessons of the past, that is; protecting jobs by forcing government or any other bodies for that matter to contract local resources that are more expensive than imported ones creates serious medium to long term negative impacts on employment.
We are in a global economy, and as a result we need to be globally competitive. Unions that do not remember that what more than anything else saved the automobile industry in Australia, was the Button plan of reducing tariffs over a period of time, are simply peddling ignorance or misinformation.
We trust Mr Rudd will power through this nonsense, continue to show Leadership and not buckle-in to political pressures that he would be under, in this process.
Proprietors and Leaders of these organisations, represented by these unions, know that the only effective long-term strategy to longevity in good and not so good economic periods is to constantly offer better value than their competition. We live in a world where the price has to be right and customers choose us on the basis of us offering better value, be-it; better customer service, better turn-around time, better warranties, better designed products, etc...
Aldo Grech - CxO Consulting
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