Mainichi: ANA: At Least Not Complete Layoffs.

https://mainichi.jp/english/articles/20200401/p2g/00m/0bu/020000c

Article:

TOKYO (Kyodo) -- All Nippon Airways Co. and its labor union agreed Tuesday on have 6,400 of its cabin attendants take several days of leave a month starting in April due to flight cancellations forced by the coronavirus outbreak, people close to the matter said.

Full-time flight attendants of the airline known as ANA will take three to five days a month of partially paid leave for one year, they said.

ANA has sharply cut domestic and international flights and is considering seeking around 100 billion yen ($920 million) of fresh loans from banks due to declining travel demand as the pandemic has forced the postponement of sports events, the closure of cultural and leisure facilities, and the cancellation of business and leisure trips.

Comments and Ideas:

This is better than nothing. At least ANA is trying to be humane and not just do complete layoffs for its employees, whom I hope they consider as stakeholders, meaning an important part of the company, instead of just thinking of them as labor only to be used and laid-off at the first sign of trouble.

Lets see if JAL follows suit and finds a compassionate way to help its employee stakeholders too during this crisis . Companies seem to forget and or only think of stockholders as being important, but there are three groups that should always be considered; Customers, workers/employees, and stockholders. But many companies seem to only think of customers and stockholders and some only stockholders. The workers/employees are just as important.

Of course it should be a given that customers are important. Peter Drucker yes that Peter Drucker from way back, OK 20 years or so ago, or many more, said to paraphrase, the customer is the only thing a business was in business for.

He also said, again to paraphrase, workers/employees were important stakeholders in a company, that they should not be regarded as less important than stockholders.

Japan, back in the 50's, 60's, 70's took to heart what he said and adopted many of his ideas of the importance of customers and employees to a company and not just the stockholders.

Have a nice day and be safe out there!

© 2020, Tom Metts, all rights reserved