Quite heavy stuff in the Helsingin Sanomat today from the ex-CEO to become about Finnair...
"The prevailing structures here (in Finnair) have born in entirely different circumstances and for entirely different needs. They simply have to be changed."
"Having been employed as an executive in the private sector it has been very difficult for me to understand, why the collectives have to be as thick as the Bible and why one has to be almost a professor of labour justice to interpret the content of those. Or why the wage conditions of some groups of employees can include up to 200 different special increases."
"In listed companies, there are three groups of interest whose benefits must be taken into account: the clients, the staff, and the shareholders. In Finnair the emphasis has - in distorted manner - shifted to benefit mainly the staff."
CEO Hienonen quipped to the pilots by telling about "the test sleeping committee" which inspects beforehand the hotels that might be suitable for the Finnair staff. "I find it very difficult to believe that a similar arrangement would exist in Nokia".
"Once upon a time, the ticket prices were decided in the annual meetings of IATA, but these times are history. Some however wish to think, that nothing has changed."
Hienonen will not receive a special severance pay, because he chose to resign voluntarily. "Of course I could have turned difficult, when the board would have had to sack me. That would have resulted in some nice personal earnings", Hienonen joked.