The methods of exerting pressure on the boards of the biggest state-owned companies employed by the ministry exercising oversight over them should be presented as a textbook example of a new management style – panic management. It key and unique feature is the fact that all parties involved loose – President of Employers of Poland Andrzej Malinowski writes in “Rzeczpospolita”.
He points out that during disasters and accidents the iron principle applies: those who panic significantly decreases their chances of survival. This phenomenon is well known in nature. If a trapped animal tries to break away from the snares, it will quickly bleed to death or choke.
– Those who manage to free themselves are calm and act consistently, conserve energy and try to find a way to save their lives. It gives me no satisfaction to say that the most recent actions of the Ministry of Treasury towards the chairmen of the largest public companies do not seem to be dictated by calmness. Quite the contrary – assesses Malinowski.
The President of Employers of Poland underlines that in the last couple of weeks alone the ministry in question has made several attempts to change the personnel in key companies, a.o.: PKO BP, Tauron Polska Energia, PGE. The chairman of PLL Lot resigned himself.
– A we can see, just like we were once dealing with a legislative diarrhea, now is the time of a diarrhea of personnel changes. Why is that? For a number of reasons, all of them with little to do with the interests of the treasury. Each of these changes is motivated not even by some election strategy, just by political panic. The situation is the worst when it comes to energy companies, which are being forced to fund the construction of Nowa Kompania Węglowa – writes Malinowski.
According to him, we are dealing with mounting pressure – through changes in supervisory boards and suggestions of changes in boards, companies are being blackmailed into contributing with the money required. Strategies, current and future investments, as well as analyses showing the engagement in bituminous coal mining to be economically unjustified, are disregarded.
– To say that the restoration program for the mining industry was passed as a result of pressure form the unions rather than in an attempt to find the best solution would be an understatement. It was adopted because of fear of unions. What will be the results? The problems of the sector will escalate and finances will be hurt further. As a consequence, emergency power levels will be an everyday reality, both in the summer and with temperatures well below zero. The prices of shares of these companies has already occurred, dealing a serious blow to the stock exchange as a whole – stresses the President of Employers of Poland.
In his opinion, these chaotic actions result from concern with a possibility of PO’s rating plummeting further and a win for PiS in the parliamentary elections.
– It may be time to remind politicians of a lesson from their childhood. In children’s stories those who fear the monster the most are the first to fall prey to it, and those who escape shows courage. Where are the courageous ones? – concludes Malinowski.