A whole new package
What do you do when government rewrites the rules of your business
Read MoreTag: Royal Mail
Consignia to cut 1,600 Scots jobs
SCOTLAND could lose up to 1,600 jobs under a massive cost-cutting scheme announced yesterday by Consignia, owner of the Post Office, Royal Mail and Parcelforce.
Consignia intends to cut Pounds 1 billion off costs and cut its total UK workforce by 20,000.
Unions described the move as the most ruthless attack on costs in the Royal Mail’s 350 year history and said they would vigorously oppose them.
Read MoreA whole new package: Royal Mail Interview
Consider this. Your company has had a legal monopoly for 350 years. Your core products are regarded as public services, so the government retains rights to interfere in business decisions. Neither your managers nor your workforce hasever seen a competitor. Suddenly, the government abolishes the monopoly, handing the future of the industry to an untried regulator. The regulator starts licensing competitors, even before establishing a clear regulatory framework.
Meanwhile, you are left with a public sector operating culture, a strike-prone workforce and a legal duty to maintain expensive public services even as competitors start eating into your more profitable markets. How do you respond?
Read MoreRoyal Mail starts one-stop shop for mail media
Royal Mail has launched a resource called the Mail Media Centre, aimed at promoting the use of mail-based routes to market among the UK’s leading advertisers.
The centre is designed as a one-stop shop for research and advice about the role mail media can play in brand marketing strategies.
Read MoreConsignia leads trials into new delivery solutions for home shoppers
Consignia is exploring the potential of new-style deliveries which mean people do not have to be at home to receive goods ordered from catalogues or via the internet. The organisation has linked up with five providers of drop box systems to test consumer demand and the ways in which they work. It is the latest initiative in Consignia’s drive to resolve last mile delivery issues and unlock one of the accepted barriers to even more rapid growth in the home shopping market.
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