Posted Thursday, February 5, 2004 8:19 AM | Contributed by Jeff
The Oriental Land Co., operator of Tokyo Disneyland, said it will cut executive pay for a managing director in charge of engineering services by 10 percent over a three-month period for the maintenance-related derailment of the park's Space Mountain ride.
Read more from The Japan Times.
Thursday, February 5, 2004 8:24 AM
I love this. Of course in America, we give executives big raises even after their miserable failures. I think the Japanese are on to something.
Thursday, February 5, 2004 10:07 AM
Don't they also wear badges of shame?
Red Garter Rob
Thursday, February 5, 2004 10:58 AM
God help a certain chain of parks if this kind of thing catches on.. :)
Thursday, February 5, 2004 12:20 PM
Indeed Red Garter Rob...those Cedar Fair folks would STILL be paying for their shame at Worlds of Fun and the derailment of Orient Express a few years back!
Thursday, February 5, 2004 4:15 PM
This is a great idea- America should catch on. If people do their jobs correctly, good, a small raise, maybe a small comission for vendors (or even operators, based upon the # of trains dispatched :)) Or they get money taken away for a bad job.
Thursday, February 5, 2004 4:20 PM
The Japanese are known for their mastery of Business. Taking a pay cut is not uncommon in Japan, when a Business is hurt.
Thursday, February 5, 2004 8:04 PM
Amazing. Not only is a link to the findings posted on the main page of the Tokyo Disney Resort, for every single potential guest to see, but they actually discipline the execs of the company (who I'm sure agree with the action), despite really not having anything to do with what happened. That's how the world should be run, but not in a million years would something like this happen in the western world.
Red Garter Rob
Thursday, February 5, 2004 8:18 PM
I never said what chain...
I'm sure that no park would escape at some point.*** This post was edited by Red Garter Rob 2/5/2004 9:19:28 PM ***
Sunday, February 8, 2004 3:48 PM
I totally agree...i think its an awesome way to run a corporate system! Being truthful and upfront makes for a pleased public. Not saying that they should have to share every last detail, but I mean sometimes you have to let people know whats going on.
You know, I just read a book about Tokyo Disneyland and the concepts of Japanese business...i can tell you I am very jealous...