Havelock Europa Share Discussion Threads

[hasbeen] 30/11/2017 11:03

I spoke to two employees yesterday, both very capable of doing their jobs but being made redundant ?? The board of directors should be ashamed, The in house management including the too many directors should be embarrassed. These people I`m afraid wont be chocking on their turkey this year, more than likely hoping to stretch it all out for another year with hefty salaries, bonuses, and if the brown stuff hits the fan I`m sure they`ll be first in the lifeboat with a large pay off before the shutters go up. Too many good people and their livelihoods at stake here too not take all of this seriously. They have a product ESA that sells maybe some development of something other than sweetie shop furniture would be a good idea?, or they can carry on doing the bespoke work that obviously doesn't make any money. DOH ! Good luck too all who are being made redundant, good luck to all of the people who rely on this as a livelihood and live in the real world. To the Board and management: Get your act together...this time next year you could all be millionaires.

[neverforget] 30/11/2017 10:42

Like I said don't think Godden is that good. Overinflated ego if you ask me. Costing up with his buddy CEO I reckon he is in this for his own interest YES accounts statement signed off by him. AGM delivered by him. Trading Statement Ritchie gets the blame. Poor show Godden. Burgess will get rid of you next. Can't see you lasting very long in the new year.

[horridharry] 29/11/2017 18:17

Truthful tommy coolspool and cookpeter. I am sure that you are close to the employees of the company as I am. You will, I am sure, now know of the saying "Crisis of Leadership". It is being banded around by Mr Ormrod and Mr Godden. Confidence in the new CEO seems to be plummeting on the factory floor. The first month it was seen that he might actually make an impact. Today despite what people say to direct rports faces, when I talk to them they think it is more of the same. I don't think Godden and Ormrod are good enough quite frankly. I part I agree with neverforget when he said that Godden had not done anything in 11 month except sign off on a positive FY report, a positive AGM and a disastrous trading statement. He should have known better. The work is there, I know the skill base is there, I know the love for ESA is there I just dont know if the management skill is there.

[truthful tommy2] 29/11/2017 15:14

You can not keep paying out ridiculous high monthly salaries, to under performing departmental Directors. Paying for luxury company cars that never get used on company business. With the sort a incoming revenues Havelock generate. Its not rocket science, come Friday afternoon Havelock offices will be empty, anyone still working will be on social media, or job hunting.

[coolspool 29] 29/11/2017 11:45

I stand by what I posted earlier. Ormrod has no real experience of running a true business. He's a lightweight who managed to rise in the cosy world of the exhibition industry with its captive customers. Where are the hard figures and business plan costs to justify his comments at the Shareholder's meeting?. A slide presentation with a few headline statements is easy .It's the execution that matters and I am sure he lacks the experience in the real world of business to stay the course. Remember,He was bought in by his mate Godden, both from cosy Farnborough International .Ormrod would do better for Havelock shareholders if he stuck to renting space and choosing the carpet colours I say.

[cookpeter1958] 28/11/2017 15:28

I've recently spoken to 2 different people who are on Gardening leave. How much is this all going to cost, at the end of the day?

[truthful tommy2] 28/11/2017 14:05

Christmas approaches and more redundancies announced at Havelock. Yet the same old non performing, incompetent, Public Sector, Design, Project Development, Manufacturing, acting retail and lifestyle and acting is the correct term. directors remain. When your outgoings out strip your incomings. Spells only one thing.

[neverforget] 27/11/2017 11:32

Hve doing more work for Lloyds https://mobile.twitter.com/havelockeuropa?lang=en

[goodoldays] 18/11/2017 10:01

Coolspool 29, a very good post, you seem to have done your homework!!! I voiced similar sentiments after his appointment but not in such detail. My only observation to your post is that Havalock is not a manufacturer but an interior contractor, only a small percentage of the turnover is manufactured product. The greater percentage of turnover is management of sub trades.

[coolspool 29] 18/11/2017 06:55

I have watched this Guy Ormrod closely ever since he joined Farnborough international. To my knowledge he has no experience whatsoever in actually running a proper manufacturing business. I notice his CV has grown his qualification to now become a BA Hons degree.(perhaps it is correct )but as I recall his Farnborough CV when He joined claimed a modest degree with a nondescript University. Shareholders would do well to study Ormrod's face book page on linked in.The word vacuous springs to from Farnborough is a stroke of -in my view - madness. At Farnborough, one had a captive market -- exhibitors such as Boeing , Airbus, Bombardier, Embrair ,Cessna and many other air frame manufacturers and component suppliers are forced to pay whatever the going rate is per Sq Metre --no different from the Paris Air show. Where is the competition in that? Strutting around claiming He was responsible for growth as Ormrod claims -is dead easy. Even the Bahrain show was a dead cert What were the true reasons for his leaving the Telford job and then departing the NEC I wonder? - Did the board carry out due diligence I wonder.. .In my view Ormrod is a fair weather lightweight--and when Godden states "Ormrod is a fast learner" --who wants a fast learner in such a business. Surely experience in running a proper sales and manufacturing operation is what is required-not messing about with various shows, exhibition halls and again--captive customers held to ransom on the price of square footage ! Godden's comment unwittingly but succinctly confirms I think that Ormrod has no real experience in such a role as a CEO with a proper manufacturing operation with real employees on the clock and tough labour relations (the real commercial world) --fine if you are flogging fruit and veg perhaps. I give Ormrod 2 years at most before he jumps ship or suddenly departs to pursue new opportunities. Speaking to those who worked under him at Farnborough--they summed up his new position with the words "Gob smacked" at in their opinion, the unsuitability of placing him in such a position.

[coolspool 29] 18/11/2017 06:50

I have watched this Guy Ormrod closely ever since he joined to my knowledge in actually running a proper manufacturing business. I notice his CV has grown his qualification to now become a BA Hons degree.(perhaps it is correct )but as I recall his Farnborough CV when He joined claimed a modest degree with a nondescript University. Shareholders would do well to study Ormrod's face book page on linked in.The word vacuous springs to from Farnborough is a stroke of -in my view - madness. At Farnborough, one had a captive market -- exhibitors such as Boeing , Airbus, Bombardier, Embrair ,Cessna and many other air frame manufacturers and component suppliers are forced to pay whatever the going rate is per Sq Metre --no different from the Paris Air show. Where is the competition in that? Strutting around claiming He was responsible for growth as Ormrod claims -is dead easy. Even the Bahrain show was a dead cert What were the true reasons for his leaving the Telford job and then departing the NEC I wonder? - Did the board carry out due diligence I wonder.. .In my view Ormrod is a fair weather lightweight--and when Godden states "Ormrod is a fast learner" --who wants a fast learner in such a business. Surely experience in running a proper sales and manufacturing operation is what is required-not messing about with various shows, exhibition halls and again--captive customers held to ransom on the price of square footage ! Godden's comment unwittingly but succinctly confirms I think that Ormrod has no real experience in such a role as a CEO with a proper manufacturing operation with real employees on the clock and tough labour relations (the real commercial world) --fine if you are flogging fruit and veg perhaps. I give Ormrod 2 years at most before he jumps ship or suddenly departs to pursue new opportunities. Speaking to those who worked under him at Farnborough--they summed up his new position with the words "Gob smacked" at in their opinion, the unsuitability of placing him in such a position.

[hasbeen] 15/11/2017 15:34

TT2, The Havelock mentality is one that all of the esa (McIntosh) employees unwittingly had no choice but to accept when they cast aside all of the good work done by esa and forced their strange logic on how we all thought the future should be. Their extremely top heavy management and "director of directors" structure beggars belief for what is essentially a company with a mediocre turnover and even though it has lost many major clients its management still has dilusions of grandeur which unfortunately for all have not proved to be with any substance. It is obvious to all who read this discussion that morale is at an all time low in the ivory Havelock tower. Maybe its about time the worm turned and made these people who are or are not in charge take notice. I wish most of the people there all of the best for the future and the ones who I left out are the ones responsible for the ongoing "attitude" that is holding what should be a profitable company back. Get over the us and them attitude, there cant be many esa employees left after the recent culls. move on and prosper or stay stuck in your ways. I know which I would chose if were still there. Good luck !

[truthful tommy2] 15/11/2017 13:56

neverforget hasbeen Havelock have been announcing redundancies around the festive period for the last few years. Yet not one departmental director or account director or account type manager has lost his or her job. It is unbelievable that this has been allowed to continue. You have to ask the question why. Who tells who and what. The staff at Havelock have a saying, Havelock reward failure.

[neverforget] 15/11/2017 12:22

Good post hasbeen please continue. If Havelock was half as big as this management's egos it would be in the ftse100. Haven't seen anything from this new bunch to impress. They have been in for 9 months now!

[neverforget] 14/11/2017 10:46

Not to mention that this chairman was installed in Feb and signed off on finals outlook and AGM statement and then issued profit warning. Then through Ritchie in it.

[neverforget] 14/11/2017 10:30

And he is the chairman's mate

[my retirement fund] 14/11/2017 08:21

Not surprised really. You've chosen a CEO with some background in thr events management industry. From what I can see it was a company which didn't exactly have any competitors either as it was a fairly unique venue in aviation and doesn't require someone with Branson style entrepreneurial skills to make a profit.By all accounts the only reason you appear to have chosen him was because he needed a job and had held the title of CEO prior !I very much doubt he is so soft though as to not manage to bunker himself in and ensure he has a big fat salary and pension and that there is going to be enough in the coffers to be able to cover this for a good few years.

[neverforget] 14/11/2017 06:43

Crisis of leadership? Looks like new boy is soft and clueless.

[lefrene] 13/11/2017 16:40

Doesn't sound promising.

[cookpeter1958] 13/11/2017 16:11

From what I can gather it's someone internal, that's been there for over 40 years, so doubt they'll understand much about manufacturing, outside of Havelock! So looks like more of the same.

[goodoldays] 13/11/2017 15:42

Let's pray it is someone who understands manufacturing !!!!