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ill effects from "Time to Win"
I would like to seek some advices for my encounter. First of all, I would like to declare that I am not against with "Time to Win". It must be that. However, what I see is the campaign has been distorted from its original purpose.
For my situation, a senior management lure us to violate the current financial auditing procedures, in achieving productivity increase (one of the 4 pillars in this campaign). Of course, management will not offer a black&white consent on this. Therefore we politely refuse this suggestion using financial control's reply. Unexpectedly, we are questioned why we share this idea with audit team. We are advised to skip the procedures in dark. It really terrifies us that the words come from such high level management. Perhaps we are a local airline, and the working culture becomes more Chinese style 陽奉陰違. (I can't find a explicit translation for this idiom) If we do not follow the order, it seems losing our career prospect. If we follow such idea, it may not only harm company profit , but also lose our jobs and integrity. Thank you God for this challenge to us. |
I feel like this is a very nuanced subject.
What exactly is this Time to Win thing? |
Originally Posted by ashsong
(Post 27945300)
What exactly is this Time to Win thing?
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I'm always amused at the views taken by the guys on PPRuNe
These would be on "Time to Win" The Fragment Harbour guys are quite the vocal bunch. Post #4 in this thread, among others "Cathay Pacific, Asia's World Airline. That's how we WIN !" http://www.pprune.org/fragrant-harbo...ow-we-win.html "Short term pain, long term gain" http://www.pprune.org/fragrant-harbo...term-gain.html "Getting rid of AT and CG will be Time to Win Scheme?" http://www.pprune.org/fragrant-harbo...in-scheme.html |
Any internal way to solve this dilemma?
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Financial control is not internal audit? Think your senior management is trying to intimidate.
I trust you're not a qualified accountant yourself? If you are you should well know the consequences if caught. If not, the consequences are not so clear. It's a sackable offence, even tho I doubt cops will be called in (NOT a lawyer BTW). But do you do it anyway? I leave you with this http://johntreed.com/blogs/john-t-re...n-terms-part-1 , a relevant piece about lying in the US Army |
Omfg
ppprune for the flight crew cxsecrets for cabin crew the office kids came to ft |
How about hkpf integrity
Originally Posted by percysmith
(Post 27947124)
Financial control is not internal audit? Think your senior management is trying to intimidate.
I trust you're not a qualified accountant yourself? If you are you should well know the consequences if caught. If not, the consequences are not so clear. It's a sackable offence, even tho I doubt cops will be called in (NOT a lawyer BTW). But do you do it anyway? I leave you with this http://johntreed.com/blogs/john-t-re...n-terms-part-1 , a relevant piece about lying in the US Army |
Originally Posted by percysmith
(Post 27947124)
Financial control is not internal audit? Think your senior management is trying to intimidate.
I trust you're not a qualified accountant yourself? If you are you should well know the consequences if caught. If not, the consequences are not so clear. It's a sackable offence, even tho I doubt cops will be called in (NOT a lawyer BTW). But do you do it anyway? I leave you with this http://johntreed.com/blogs/john-t-re...n-terms-part-1 , a relevant piece about lying in the US Army Actually there's so little info that I can offer any suggestion.... But if you think the thing is serious enough that it violated code of conduct of senior management, as a listed company you can file a report with Stock Exchange... Or send those info to Fruit Daily / Because Daily :p :p Edit: Internally get it resolved? If the senior management is asking you to circumvent internal control, I can't think of any possibility that internally they would care.... If you see Swire as internal, write to Swire Board MIGHT work... |
Originally Posted by kaka
(Post 27947701)
Omfg
ppprune for the flight crew cxsecrets for cabin crew the office kids came to ft LMAO. You win "Post of the Day!" :D |
Originally Posted by sscywong
(Post 27948054)
Actually there's slight difference :p Controls are in place to prevent irregularities happen, internal audit is to review such controls to ensure they are effective... But both are in place to ensure everything is in compliance
OP may or may not have mentioned this is on the suggestion of the [senior] management. OP can go to internal audit too and probably get the same result. But going to IA can be a lot more serious and may trigger disciplinary consequences for either the [senior] management or OP, depending whether IA found culpable behaviour on the [senior] management's part. |
Hi guys, thanks for yr sharing. Well, I am definitely not a qualified accountant, however I can imagine the consequences of that.
At beginning, I thought that we might lose career prospect if we didn't follow the idea. It may be wrong or not grounded enough because management will not ask prospected one for this wretched action. Someone suggest me reporting to media. Personally I think it betrays to company, even though it do not treat me well. As result, I will not compromise with that... and look for other internal position. Good luck for my successor :p |
Is the insinuation here CX management is encouraging some type of fraud? That is certainly information CXs shareholders and regulators should be aware of...no?
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QRC3288: OP only mentioned internal metrics. So no regulators iwll be involved. Even shareholders will hardly be able to get a foot into complain about this.
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