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Challenges/Overview

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

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Challenges/Overview

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  1. Introduction A future for - The Royal Mail Group - The Universal Service - The wider postal industry A CWU perspective Dave WardDeputy General Secretary

  2. 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

  3. Business Transformation – Key Points • A shared vision of modernisation • Transforming relationships • Job security/managing the change • Generic operational change • Functional operational change • Employee reward

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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!

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