Wednesday, March 28, 2007

A Tactical Retreat, or a Quitter?

More postings in the YPAP blog in response to Elaina Chong's response, which also seemed to be her closing remarks after a firestorm of criticism following her article.


One wonders if it will be the last we shall see of her.


AC :

Thanks for the welcome, Elaina.

I do get the attributes that you are trying to link to our Ministers. The problem is that the level of self-sacrifice, compassion and altruism of Mother Theresa is worlds apart when compared to our ministers. To suggest a basis of similarity between the two is ... absurdity bordering on insult for those who honor the memory of the late Mother Theresa.


The bit about bankers being axed is all about 2 things. Risk and Responsibility.


Big winners in the private sector are often playing around big risk. When one does well one gets very well rewarded - and on the flip side when things go wrong you sometimes lose the meal ticket. To tie Ministerial remuneration to top winners while discarding the risk factors that those winners face is unbalanced, unrealistic and unacceptable – I am flabbergasted by the very thought.


CEOs take credit for successes and they also bear responsibility when their company does badly. Whether it's an apology or a resignation, I expect our leaders to come out clear when mistakes are made or when oversights occur. “It’s a honest mistake” just does not cut it. There is far too much obsession to preserve a facade of perfection where our leaders cannot be seen to be flawed or making mistakes.


Top private sector wages are accompanied by exposure to risk, and the adoption of responsibility over developments under one's stewardship. Are our ministers demanding for the best of two worlds?

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