Well, it looks like the jury is back in and has given its verdict on diversity (at least in the corporate sense). Not surprisingly, (for Pickering Post readers at least) it turns out that diversity in the boardroom is less of a strength and more of an albatross round a company’s neck.

The giant Superannuation funds and other financial institutions (read banks) have been heavying large publicly listed companies to use diversity quotas when appointing board members. After all, increasing diversity (by decreasing the number of white males) is good for business don’t you know.

Unfortunately, most corporate bigwigs are spineless oxygen thieves who got to where they are by toadying. Consequently, they roll over like a cocker spaniel when the institutions snap their fingers.

Gerry Harvey on the other hand, worked his way up the hard way and built a gigantic retailer across Australia – and now the world. When a bunch of complete bankers told him to staff his boardroom with a diverse section of humanity – he told them to close the door on the way out.

Now it appears that Gerry was right all along. Harvey Norman is making consistently growing profits while Coles Myer and David Jones results are a little more , erm… diverse. In fact, as Gerry puts it, he is, “beating the s@#t out of them.”

Harvey Norman is in fact, worth four times more than Coles Myer and David Jones put together. Gerry’s profit was up 7.2% to a smidgen over $400 million. Meanwhile, DJ’s profit has halved over the last year.

That’s bad news for shareholders but great news for the diverse clowns warming those lucrative boardroom seats – until these venerable Aussie companies go broke of course.

Gerry chooses the best people for the job to sit on his board. He doesn’t care if they all happen to be the same race, gender, ethnicity, sexual orientation or eye colour. He just wants to know that they know their stuff.

Meanwhile, the dumb woke institutions won’t invest in him because he doesn’t tick all the right “diversity” boxes. I wonder if that makes his shares undervalued?

Anyway, I’m just glad he has figured out that diversity is bad for business. Maybe sometime soon, he will figure out that it is bad for the country too. He’s a smart guy so let’s hope so.

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cosmictilly
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cosmictilly

Wasn’t he the man who called for the GST on my online shopping?

disgusted1
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disgusted1

Gerry Harvey must think the plebs are stupid. Immigrants (200,000 per year) will need a new phone, television, washing machine, microwave, lounge, fridge etc etc and he rakes in huge profits from this, more people equals more customers plus it puts downward pressure on wages. No doubt he’s donating/wining and dining politicians behind the scenes to keep the gravy train rolling so he can squirrel away more surplus cash he doesn’t need. Large scale immigration has ruined Australias culture, trust and cohesiveness, studies from other countries prove this. No one got a say in multiculturalism it was foisted upon us… Read more »

Maryanne
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Maryanne

From the CEC: ‘Independent economist John Adams, a former member of the Liberal Party, commissioned a cartoon, “The Soviet Liberal Government Unleashes Communism for the Banks”, to illustrate the Morrison government’s policies to prop up a sick banking system at the expense of the people and civil liberties’: https://cecaust.com.au/soviet-liberal-government-unleashes-communism-banks

ThePhantom Returns
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ThePhantom Returns

Do facts matter in climate change debate?

Andy Bolt exposes the fraudsters aka David Attenborough and the AMA

https://www.youtube.com/watch?v=JmtytPiTZAo

Rinaldo
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Rinaldo
Bat
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Bat

Deleted. Reposted.

Bill Posters will be prosecuted.

Ducktracy
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Ducktracy

comment image

SonnyF
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SonnyF

John Travolta releases another stinker into the cinema. https://www.bbc.com/news/uk-49552305

Disraeli
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Disraeli

New post.

Trumby
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Trumby

Sales gimmick for Aldi – There are 100,000 good reasons to shop at Aldi and our bags are strong enough to fill that purpose .

Disraeli
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Disraeli
Gentle Jack
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Gentle Jack

HK Security Chief Says Police Battling “Elements Of Terror” – For First Time Echoing Mainland

“the first time a territory official has used rhetoric akin to China’s propaganda machine”

Gentle Jack
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Gentle Jack

Banned by Big Oil — Jo Nova’s Christmas speech for geologists cancelled by Woodside

comment image

http://joannenova.com.au/2019/09/banned-by-big-oil-jo-novas-christmas-speech-for-geologists-cancelled-by-woodside/

Gentle Jack
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Gentle Jack

Judge who refused Pell appeal says courts have too much faith in forensic science
Monday, 02 September 2019

Judge Maxwell is concerned that forensic science as a whole might be unreliable and therefore innocent people might be convicted.

But he has no qualms about the possibility Cardinal Pell was telling the truth and the single witness against him got it wrong.

https://www.michaelsmithnews.com/2019/09/judge-who-refused-pell-appeal-says-courts-have-too-much-faith-in-forensic-science.html

lg
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lg

Oh well, that was fun. Got to go and water-blast the pavers with my trusty Karcher. Wife insists – Pity, I rather like ingrained dirt – she doesn’t.

TomG
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TomG

Over on the ‘Morning Mail’ site, (which, if you’re not familiar with it, is a very good every morning read – http://www.morningmail.org ), is an article on a speech Tony Abbott has given in the UK re Brexit. It is an unusually sensible take on Brexit, and well worth reading. However, my question is, why oh why could he not see the situation he faced here in Australia when Prime Minister as clearly and not try to be all things to all men, chasing the votes of those who would never vote for him under any circumstances while ignoring his… Read more »

codsy
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codsy

I am reposting this little bit of trivia, seems my first attempt has gone walk-a-bout. Anyway, I read today that the Harry Potter books have been taken out of school libraries in the UK ,because they have real spells in them. Dear me what next, Fairy Stories banned, Nusery Rymes etc. I was bought up on this stuff. In particular my mob originated from Suffolk, where there was quite a bit of hocu-pocus . Why cannot kids be allowed some magic and fun in their lives?

codsy
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codsy

Justy a little trivia. Harry Potter books are being taken out of school libraries the UK. Because they have real spells in them. Save us, what next, no more fairy stories, nursery rymes etc. This is bonkers. I grew up on this stuff in the UK. With my family coming from Suffolk, which was rather hocus -pocus. Mad I say

Disraeli
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Disraeli

Remember this prick?? Ahmed Fahour? On channel 7 now with his mate Gerry Harvey. Business pals……. promoting Ahmed’s new business with Hardly Normal. Boy does Gerry love islam…

https://en.wikipedia.org/wiki/Latitude_Financial_Services

Bwana
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Bwana

My advice to Brits: exit Brexit at your peril. Tony Abbott in today’s Oz. The argument over whether Britain should leave the EU is the nation’s least civil and most seismic disagreement, at least since the Irish question that shaved off part of the country and irrevocably split the Liberal Party. It’s that serious. I want what’s best for Britain because it’s in the best interests of the wider world that it be strong; and Britain can’t be its full strength without also being free — free to set its own course and to chart its own future. As a… Read more »

Lefty
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Lefty
lg
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lg

Spotted an online news headline, “Scomo refuses to help Tamil family” . . . Sometimes the MSM journalists make errors – should actually read, “Scomo refuses to help Tamil family circumvent the law” . . .

Disraeli
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Disraeli

Delingpole: Ironically, London’s Anti-Democracy Brexit Protesters Have No Idea What Fascism Actually Is

If Boris Johnson is a racist, fascist, Nazi what does that make actual racist, fascist, Nazis?
This is a question probably beyond the intellectual capacity of the hundreds of unemployables, malcontents, and cry-bullies who turned out in London and elsewhere over the weekend to protest against what you and I might call the eminently justifiable prorogation of parliament…

https://www.breitbart.com/europe/2019/09/02/delingpole-anti-brexit-protesters-have-no-idea-what-fascism-is/

Disraeli
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Disraeli

PM BoJo Slams Tory Rebels for Anti-Brexit Plotting, Rejects Early Election

https://www.breitbart.com/europe/2019/09/02/bojo-slams-rebels-for-anti-brexit-plotting-rejects-early-election/

Bwana
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Bwana

Is it possible someone could shove a sock in that whingeing sepo Keneally’s gob. Every time I tried to watch the news yesterday that idiot was wailing away.

Poddy
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Poddy

Here’s the guts of it … Labar are going in hard on these illegal Tamils to draw attention from all the ICAC corruption coming out.. Labar will always try and wriggle out of it when the shit hits the fan.. Federal Labar have Albo and that screeching cock sucker Kinnealy mouthing off.. trying to get the spotlight off them.. Qld is as bad with Miss Piggy and Trad trying to cover their arses.. I’m an old bloke and have been around long enough to know how these bastards tick…. Tell you what old Joh is a novice compared to the… Read more »

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