I’m Definitely in the Wrong Job
Yep … I’ve decided, I am definitely in the wrong job. I’m wasting my time and my talents in small business. What I should be doing is being another Sol Trujillo.
Who is Sol Trujillo you ask? A lot of Australians asked that a year or so ago when he was appointed as head of Telstra, Australia’s government owned telecommunications giant. A cash cow that the government had decided to privatise.
So the government brings in Sol - who just happened to walk away from his previous role as head of a telecommincations company in the US with a $97 million dollar handshake. And what has Sol done?
Telstra just posted a $1.1 billion dollar loss, share prices for the part of Telstra that has been privatised have fallen from $5.00 to something close to $3.60 and the company’s bottom line has fallen 26%.
Now there is a job I could handle and I’d be prepared to do it for a whole lot less than Sol is doing it for.
Unfortunately it’s unlikely I will get that job anytime soon - you see Sol hasn’t lost his job, he’s still firmly in place despite the fact that the shareholders are calling for his head.
Just as well Sol likes big business because he really couldn’t cut the mustard in small business.
