Royal mail. Change in leadership

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A Levels BUSS4 (BUSS 4) Mind Map on Royal mail. Change in leadership, created by andy.dartnell.ad on 06/09/2014.
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Mind Map by andy.dartnell.ad, updated more than 1 year ago
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Created by andy.dartnell.ad over 10 years ago
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Resource summary

Royal mail. Change in leadership
  1. transformed from a loss making state-owned business into a profitable FTSE 100 company
    1. sold 62% of the company on the stock exchange
      1. needed access to private capital in order to grow
        1. government were reluctant to invest as they were trying to cut public spending and borrowing
        2. pre tax loss of £262m in 2009 financial year
          1. now it is £404m, up 26%
          2. operating profit up to £144m, up from £12m the year before
            1. traditional mail was declining 5% a year
              1. invested in parcel delivery instead of post
                1. use of email and social networks
                2. 165,000 staff, second largest employer in UK
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