{"id":232187,"date":"2017-10-11T15:31:29","date_gmt":"2017-10-11T13:31:29","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=232187"},"modified":"2017-10-11T15:32:51","modified_gmt":"2017-10-11T13:32:51","slug":"one-man-can-make-a-difference","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/232187-one-man-can-make-a-difference.html","title":{"rendered":"One man can make a difference"},"content":{"rendered":"<p><a href=\"https:\/\/mybroadband.co.za\/news\/government\/146813-sa-post-office-gets-new-ceo.html\"><strong>When Mark Barnes announced<\/strong><\/a>\u00a0he would take over as CEO of the SA Post Office, many questioned whether he had lost his marbles.<\/p>\n<p>Barnes is a respected businessman, having served as deputy MD of Standard Merchant Bank, CEO of Brait SA Limited, and executive chairman of the Purple Group.<\/p>\n<p>As a major shareholder in the JSE-listed Purple Group, Barnes did not take a job at the Post Office because he needed the money.<\/p>\n<p>This raises the question: Why did he decide to lead the Post Office, considering it was fraught with financial mismanagement?<\/p>\n<p>In fact, before Barnes took over, the situation was so bad the government put the enterprise under administration.<\/p>\n<p>The reason is that Barnes wanted to make a difference and was willing to use his expertise to turn the organisation around.<\/p>\n<p>Instead of sending in a CV for the job, Barnes submitted a business plan which showed how the government, business, and labour could work together to fix the Post Office.<\/p>\n<p>He did not view the Post Office as another failed state-owned enterprise with unsurmountable problems, but rather as a great asset which could become a profitable company.<\/p>\n<h3 class=\"my-4\">Growth<\/h3>\n<p>The first step for Barnes was to ensure the company grew, which gives its employees a reason to come to work and do a good job.<\/p>\n<p>He believes the Post Office can compete effectively against private companies and is working to make this happen.<\/p>\n<p>Over the past 21 months, Barnes has achieved a great deal to turn the institution around &#8211; as illustrated through the gains in its last financial year.<\/p>\n<ul>\n<li>Mail delivery standards improved by 12% to 73.6%.<\/li>\n<li>Audit Qualifications reduced by 60%.<\/li>\n<li>Labour stability was achieved, with no strike action which significantly affected operations.<\/li>\n<li>Loss before tax was reduced from R1.112 billion in 2016 to R959 million in 2017.<\/li>\n<li>The balance sheet position has improved to a positive net asset value of R1 billion.<\/li>\n<li>The Postbank opened 215,000 new customer accounts.<\/li>\n<\/ul>\n<p>Barnes has also prepared the Post Office to help in all aspects of the social grants scheme, which will save the state money.<\/p>\n<p>He has shown that one man can make a difference, even in a state-owned enterprise.<\/p>\n<h3 class=\"my-4\">Now read:\u00a0<a href=\"https:\/\/mybroadband.co.za\/news\/general\/165650-south-african-post-office-launches-eregistered-mail.html\">South African Post Office launches eRegistered mail<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>South African Post Office CEO Mark Barnes is showing that one man can make a difference.<\/p>\n","protected":false},"author":23,"featured_media":232197,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[35,34083,3734,16590,3736],"class_list":["post-232187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline","tag-mark-barnes","tag-post-office","tag-sa-post-office","tag-sapo"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/232187"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=232187"}],"version-history":[{"count":2,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/232187\/revisions"}],"predecessor-version":[{"id":232855,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/232187\/revisions\/232855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/232197"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=232187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=232187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=232187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}