British gas behaviour

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urban genie

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What would BG's detractors suggest they do?
They are in a terrible mess, losing money hand over fist due, largely, to massively increased competition.
Plus gas is rapidly becoming yesterday's source of energy.
In short, the company is dying. Upon its demise all its employees become unemployed, the measures they have promoted are intended to breathe a little life back into it - giving it time to pivot?
Clearly, there has been some terrible negotiations at play (on both sides) but they can't let things go.
 
plongo said:
What would BG's detractors suggest they do?
They are in a terrible mess, losing money hand over fist due, largely, to massively increased competition.
Plus gas is rapidly becoming yesterday's source of energy.
In short, the company is dying. Upon its demise all its employees become unemployed, the measures they have promoted are intended to breathe a little life back into it - giving it time to pivot?
Clearly, there has been some terrible negotiations at play (on both sides) but they can't let things go.
Click to expand...

So centrica say this business sof theirs need reform and the best way is a 15% pay cut for the engineers, decided only weeks after its chief executive awarded himself a 44%pay rise and over £700000 bonus.

A dying gas industry can pivot, but what will happen is those at the top will take what they can at the expense of those at the bottom.

This happened nearly 30 years ago with the likes of GEC and is still going on while some doff their caps and say, "well what can you do"
 
Last edited:
plongo said:
What would BG's detractors suggest they do?
They are in a terrible mess, losing money hand over fist due, largely, to massively increased competition.
Plus gas is rapidly becoming yesterday's source of energy.
In short, the company is dying. Upon its demise all its employees become unemployed, the measures they have promoted are intended to breathe a little life back into it - giving it time to pivot?
Clearly, there has been some terrible negotiations at play (on both sides) but they can't let things go.
Click to expand...
I'm not sure that the best way to breathe life back into a company is to radically undermine the workforce it wholly relies upon to deliver its's service.

It could have engaged in meaningful consultation with unions and workforce to indentify solutions and might have looked tom for instance, a VS scheme or some form of compensation scheme for staff having to work to a new contract,

Perhaps if BG invested more in improving the product they would have a bigger market.

It certainly seems they lacked some decent HR advice - any ideas where they could hvae gote better advice from? :)
 
plongo said:
What would BG's detractors suggest they do?
They are in a terrible mess, losing money hand over fist due, largely, to massively increased competition.
Plus gas is rapidly becoming yesterday's source of energy.
In short, the company is dying. Upon its demise all its employees become unemployed, the measures they have promoted are intended to breathe a little life back into it - giving it time to pivot?
Clearly, there has been some terrible negotiations at play (on both sides) but they can't let things go.
Click to expand...

cut shareholder dividends and freeze or cut boardroom pay?

No business that airs its dirty linen in public like this deserves to succeed. Sacking customer facing staff - particularly mission critical staff - should be seen as corporate suicide. every delayed, late and missed appointment will be blamed on this move - there will be bad press and probably sanctions from the regulator when their service delivery slips and rightly so.
 
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chabal said:
I'm not sure that the best way to breathe life back into a company is to radically undermine the workforce it wholly relies upon to deliver its's service.

It could have engaged in meaningful consultation with unions and workforce to indentify solutions and might have looked tom for instance, a VS scheme or some form of compensation scheme for staff having to work to a new contract,

Perhaps if BG invested more in improving the product they would have a bigger market.

It certainly seems they lacked some decent HR advice - any ideas where they could hvae gote better advice from? :)
Click to expand...
They’re also making very healthy profits at the minute from my understanding.
 
bluethrunthru said:
cut shareholder dividends and freeze or cut boardroom pay?

No business that airs its dirty linen in public like this deserves to succeed. Sacking customer facing staff - particularly mission critical staff - should be seen as corporate suicide. every delayed, late and missed appointment will be blamed on this move - there will be bad press and probably sanctions from the regulator when their service delivery slips and rightly so.
Click to expand...


They have already cancelled boiler instalments and new home service contracts as they will not have the number of engineers needed to supply the customer needs.

If ever a business has cut off it's nose etc it is this move, under most capatist thinking a business model as this would be consodered stupid.
 
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