Introduction A future for - The Royal Mail Group - The Universal Service - The wider postal industry A CWU perspective Dave Ward Deputy General Secretary Challenges/Overview • • • • • Modernisation – it’s happening Regulation – it’s unfair Pensions – it’s not a bail out The digital revolution – it’s not the end Privatisation – it’s pure dogma Business Transformation – Key Points • • • • • • A shared vision of modernisation Transforming relationships Job security/managing the change Generic operational change Functional operational change Employee reward Business Transformation/Deployment • RM satisfied with overall co-operation • Transformation Yes – but people come first (overarching objective) • The pace of change dictated by what people can cope with • Delivering our shared vision is paramount Why Government has got it wrong • The Hooper Report - flawed analysis - force premise for privatisation • If the question really is how do we maintain the USO and a nationwide network of Post Offices – then the answer is not privatisation Why Government has got it Wrong • fixing regulation and pensions is not contingent on privatisation but privatisation is contingent on fixing regulation and pensions • Rather than support our mod Agreement – privatisation runs the risk of stopping it in its tracks Solutions/the best way to proceed • the real exam test is modernisation – not privatisation • change the rules of regulation - not just the regulator • the pensions solution/state aid – Not contingent on privatisation – Government taking 26 billion pounds of assets – Employee pensions must be protected Solutions/the best way to proceed • Royal mail needed expertise • A strategic partner or Moya Green? • A stronger Bill to protect the USO and PO network • Royal Mail does need access to private capital – How much? – What for? – There are alternatives Summary • CWU Supports modernisation • CWU do not support privatisation • Protecting USO is key for the whole of the postal industry • The Government should consider alternatives Watch this space!