Lame ducks and business realities

Unlike those organisations which acted all surprised when the privatisation of Malta Shipbuilding was announced, the average taxpayer (mostly the middle class) who has paid out hundreds of millions in subsidies, was not. In today's world lame ducks...

Unlike those organisations which acted all surprised when the privatisation of Malta Shipbuilding was announced, the average taxpayer (mostly the middle class) who has paid out hundreds of millions in subsidies, was not.

In today's world lame ducks have no future and business is business. No one wants to be part of a loss-making entity. The idea that your place of work is a charity which sustains the individual under any circumstance has lost all its relevance, if it ever had any.

Privatising the shipyards has to be seen solely in this context and if successful it'll prove to be the best thing that ever happened to this notorious white elephant.

It is now in the hands of all the stakeholders, who owe a little bit too much to the rest of us, to see to it that this one last chance of turning the shipyards to profitability reaches fruition. Collaboration is fundamental, but to collaborate you need ideas, plans and the foresight to see how, why and when these plans should be implemented. It shouldn't be just a buzzword used to buy time, waiting for the others to do the dirty work for you.

It is in no one's interest to put spokes in the wheels, especially those who in words heralded a new political season. The lame duck has to go and live up to the business reality in this globalised world.

Sign up to our free newsletters

Get the best updates straight to your inbox:

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.