Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence?

[Confuseous]

The ongoing spat between the NEA and AHPETC has drawn the MEWR Minister Vivian Balakrishnan in, making the issue rather personal. (Making political attack on NEA officers is "arrogant and wrong": Vivian Balakrishnan, CNA 9 June)

This is certainly uncalled for....unless the MEWR minister has nothing better to do.

In every private organisation, the CEO fronts the organisation when it has been thrown into the spotlight, is responsible for communications with the public and basically is the person in charge.

In NEA’s case, the CEO requires a minister to take over his responsibilities and simply did a disappearing act.

The PAP has politicised statutory boards to the extent that so long as they continue to serve their political masters well, ministers could be counted on to come to their defence on every issue.

Even when businesses had lost millions of dollars during floods, PUB CEO’s job remained secured because these were all once in 50 year occurrences. When the HDB underbuilt by a hundred thousand flats and caused hundreds of thousands of Singaporeans to buy flats at sky high prices, the CEO’s position has never been threatened.

Such a system with little accountability has to go. The CEO is there solely to serve Singaporeans, not for the benefit of any political party.

- http://therealsingapore.com/content/why-do-ceos-stat-boards-enjoy-so-much-job-security

 

[winnipegjets]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

The ongoing spat between the NEA and AHPETC has drawn the MEWR Minister Vivian Balakrishnan in, making the issue rather personal. (Making political attack on NEA officers is "arrogant and wrong": Vivian Balakrishnan, CNA 9 June)

This is certainly uncalled for....unless the MEWR minister has nothing better to do.

In every private organisation, the CEO fronts the organisation when it has been thrown into the spotlight, is responsible for communications with the public and basically is the person in charge.

In NEA’s case, the CEO requires a minister to take over his responsibilities and simply did a disappearing act.

The PAP has politicised statutory boards to the extent that so long as they continue to serve their political masters well, ministers could be counted on to come to their defence on every issue.

Even when businesses had lost millions of dollars during floods, PUB CEO’s job remained secured because these were all once in 50 year occurrences. When the HDB underbuilt by a hundred thousand flats and caused hundreds of thousands of Singaporeans to buy flats at sky high prices, the CEO’s position has never been threatened.

Such a system with little accountability has to go. The CEO is there solely to serve Singaporeans, not for the benefit of any political party.

- http://therealsingapore.com/content/why-do-ceos-stat-boards-enjoy-so-much-job-security

The CEO will make $68 million over his lifetime, all paid for with our tax dollars. He is mid-life, has he delivered $34 million in value so far? I am not even asking to deliver 10 times his compensation, which is the norm in the private sector.

 

[Narong Wongwan]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

All these CEOs are never chosen based on their competence......obedience and loyalty to leegime is top criteria.
If someone machiam Andrew Tan deviousness can even tekan opposition then he is a talent in pap's eyes and destined for bigger things.

 

[chonburifc]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

All these CEOs are never chosen based on their competence......obedience and loyalty to leegime is top criteria.
If someone machiam Andrew Tan deviousness can even tekan opposition then he is a talent in pap's eyes and destined for bigger things.

now i realise tonychat is wrong all along. the best way to bash sinkeesnis to join the establisment. anyone here can pm me the application forms? i think i can do a better job than the incumbent.

 

[chootchiew]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

All these CEOs are never chosen based on their competence......obedience and loyalty to leegime is top criteria.
If someone machiam Andrew Tan deviousness can even tekan opposition then he is a talent in pap's eyes and destined for bigger things.

In history, these type of CEO live in luxury in time of peace. Upon empire overthrown, they will be executed in front of the villagers. Some cannot take it and drink poison wine. Looking forward to this happening soon.

 

[Narong Wongwan]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

In history, these type of CEO live in luxury in time of peace. Upon empire overthrown, they will be executed in front of the villagers. Some cannot take it and drink poison wine. Looking forward to this happening soon.

Yes. The likes of Andrew Tan and Ng Kok Khim.......they will be lynched. Make no mistake.

 

[PrinceCharming]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

The CEO will make $68 million over his lifetime, all paid for with our tax dollars. He is mid-life, has he delivered $34 million in value so far? I am not even asking to deliver 10 times his compensation, which is the norm in the private sector.

Totally agree with your statement. How much value has the CEO contributed during his career? Let's talk about the ex-chairman of F&N, Pinky's younger brother or Ho Jinx, who caused billions of dollars to be lost at Temasick.

 

[Narong Wongwan]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

Totally agree with your statement. How much value has the CEO contributed during his career? Let's talk about the ex-chairman of F&N, Pinky's younger brother or Ho Jinx, who caused billions of dollars to be lost at Temasick.

NEA CEO was LKY's PPP for 2 years........these 2 years made his entire career liao.
Likewise if you are Pinky's PPP......not only are you made for life....but your wife too...........can become MP.
I believe the word is 'CRONYISM'

 

[laksaboy]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

Just like in ancient imperial China (and in most places today)... you don't really need to be good at your job. All you need to do is be connected to someone influential. Even better if that connection is a blood connection.

 

[escher]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

Why do sinkies vote and vote for PAP motherfuckers in white?
Are the PAP good for anything than to screw and fuck sinkies of $$$$$$$$$ into LKY Stinkapore sovereign funds and into their obscene pay.

KICK THEM ALL OUT IN 2016

 

[Capano2121]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

It's a trickle down effect!
They are only as competent as the person that has appointed them!
Or to put it in another way, their incompetence is a mirror reflection of their master's abilities!

 

[Bigfuck]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

Ask our millionair scroobal lah.

 

[Dark Knight]

Re: Why do CEOs of Stat boards are so secured in their jobs in spite of incompetence

The same goes to our SAF. There's plenty of incompetence Officers around with some of them are even scholars.
Ask yourself whether do they have the kind of combat knowledge, experience and strategy to lead us in fighting a real war?
How do they get selected to be an Officer in the first place?

Those who had undergone various exercise with all these Officers will knew very well that you can't rely and trust their leadership.
You will be the first to sacrificed in the battle field while they are watching behind your back with a pistol.
.