View Single Post
Old 04-06-2014 | 04:49 AM
  #153317  
Bucking Bar's Avatar
Bucking Bar
Can't abide NAI
 
Joined: Jun 2007
Posts: 12,078
Likes: 15
From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Default

Originally Posted by GunshipGuy
Why can't DALPA set goals that they can be held accountable to? Enough ether, feel-good goals that allow those in leadership positions to claim success no matter how ineffective they may end up being. By contrast our company has set the following goals and expects their success to be measured by them:
  • 10-12% annual operating margins
  • Annual EPS growth of 10-15%
  • 15% return on invested capital
  • $5+ billion annual operating cash flrow with ~50% reinvested back into the business
  • Investment grade balance sheet metrics, including $7 billion of adjusted net debt by 2015
Because management telling the Company's owners what they expect is not the same as "negotiating."

If you ask ALPA's leadership what they expect ... they might even be able to answer that question.

Understand that both ALPA and Management are ships floating in an ocean called the marketplace. Management (even when things are going well) get their forward looking statements wrong as often as they get them right. Most of the Q&A from investors (and from pilots) is comparing forward looking statements to reality then asking, "what changed ?"