Originally posted by Quiono
Excellent Post Nanday. It does put a lot of things in to perspective.
I think where a lot of the grumbling comes from (Mine included) is the way the ramp up has been managed. RS has been the least pro active manager of a new project that I have ever seen. The guy is great at making up excuses for not getting the job done, but poor about thinking ahead to alleviate potential issues before they develop. I always thought that it was managements job to stop problems from happening, not just dealing with them once they happen.
I agree with you, and it seems to me that we have a board that was not proactive and a manager who was not proactive. A double whammy. They were burying their head in the sand, probably because the company was ticking along and making great margins and they weren't worried about a little thing like nameplate or pushing to improve production. I would hazard a guess that there was finally some kind of push-and-shove going on and finger pointing and RS had to fall on the sword under the pretense of leaving for other reasons. I could be wrong, but I've seen this sort of thing before, an MD has mates on the board, they keep cutting him/her slack, hoping things will miraculously improve and not wanting to make the hard decisions. And it goes on far too long until something forces their hand.
Hopefully this is a change for the better and they have hired someone with drive and push.