Taking the AKA to best management practices through Governance
has come to a dead halt, this I believe has been orchestrated by those who see it as a
threat to their current positions and there are also a number of issues that make the
impending vote of karters worth absolutely nothing.
It has
been nearly two and a half years since some $32,000 dollars was expended for a meeting to
decide (at CAMS behest) to proceed to Governance, governance has benefits too, but the AKA
is no further advanced with moving to better management practices several key
issues are stumbling blocks but it appears that we are being forced to accept a
Constitution document to form a new entity as a Company Limited by guarantee that simply
is not in the best interest of the customer and comes up short on a number of key areas.
Of all
the States who preside as members only NSW and Qld appear to understand anything and in
particular that the voting rights applicable to karters themselves will have absolutely no
meaning or carry any weight when 20% of all karters are required to attend a meeting to
make a quorum, that the President can hold unlimited proxy votes, none of which will be
required or have the capacity on that notice to indicate how the shareholder license
holder wants his vote to be applied.
There is
a board position automatically allocated to a Karting Industry Club, a group that
is represented by a minute select industry group when all other board nominees are to meet
a management skills based criteria and elected by the shareholder licensed
karters, how none knows yet !
Moving
to best management practices is clearly missing a statement as to why we need to form a
new Company when these very principals could be introduced into our current system with
little if any additional cost.
There
has been no information of what such a migration will cost, nor have the criteria of skill
requirements for Board positions been publicly distributed, neither have costs involved in
the exercise been announced, or who the members are, or how their votes will be counted
and distributed. There are more questions to be answered now than there were 2 years
ago
.can someone please explain what best management practices mean ?? for a sure as
hell is hot, they dont exist at the moment. |