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Management competence

Discussion in 'General Yachting Discussion' started by royeng, Sep 22, 2009.

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  1. royeng

    royeng New Member

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    If you are doubtful as to the competence of your management company is there anyone you can go to in order to get an impartial opinion/audit?
    Then hopefully you can use that info to persuade your owner he is not getting the service paid for.
  2. Ken Bracewell

    Ken Bracewell Senior Member

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    Something just seems terribly wrong with having to hire consultants to watch your consultants!
    Why not just lay your concerns out to the boss and let him make a decision.
  3. Marmot

    Marmot Senior Member

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    If the management company is a real manager, that is one that is legally assigned to represent the owner to flag and class, contact them directly. If they cannot or will not address your concerns then go to flag. Make sure you document specific issues and are prepared to show where the management company is not fulfilling its duties.

    Your doubts don't necessarily equate to mismanagement though so be prepared to document real failings, not just differences of opinion.
  4. royeng

    royeng New Member

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    I know it is a bit "who watches the watchers?" ...

    The concerns have been raised and with having experience of a different management system which demonstrates a higher level of responsibility I feel the current one is lacking.
    I am trying to show that the current service is inadequate and the monthly fee is over the top.

    I must admit I am new to the yacht industry having come from a commercial background.

    So is this just the way it is or is it going to be swimming against the tide to try and improve the service?
  5. PropBet

    PropBet Senior Member

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    Delineate what you believe an ideal mgmt company should be doing based on prior experience, versus what the current mgmnt company is doing and sit down with the owner to review pros and cons.
  6. royeng

    royeng New Member

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    Thanks for the replies.

    It is relatively easy to show that the ISM system is a generic one pulled from the web as it doesn't even have the correct number of job descriptions for one example, with the "insert boat name here" just crossed out in pen and the name scribbled down another.

    You can point out the obvious but the fact is the boat was bought through such and such company and so this is the system to be used.

    How likely is it that my concerns would be listened to given the conditions of sale or so long as lip service is paid to ISM does it not matter?

    Has anyone else had similiar concerns?

    So back to my original question is there anybody independant who could offer an impartial view that they would listen to instead of a new boy in town with wild ideas and doesn't know his place or anything else to with yachting
  7. Marmot

    Marmot Senior Member

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    If you continue to compare commercial practices to those of yachting, and believe that yacht managment firms act in the same manner as ship managers you will have a short and unhappy career in this industry.

    Regarding your comments about the generic ISM, if you have a background in ISM and knowledge of the culture that developed it you should understand that the system you described is not a working system.

    Before telling the owner his managers are not doing a good job I think you had better read and understand the management contract. What level or degree of management did he purchase?

    What is your position on the vessel in question? What is your role in the safety management system onboard?
  8. Capt J

    Capt J Senior Member

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    I agree with all of this, but what are the roles of the management company? Are they responsible for the direct maintanence of the vessel? If so, you could hire an engineer and just have him do a walk through on the vessel and inspect how all of the systems are being maintained to give you an idea if they are doing what they're supposed to be doing.

    Prices on management and the actual work being done in the yachting industry are vastly different then in the commercial industry. AND, prices can change drastically based upon the whims of the owner or usage. I've seen an owner pay $2500 to have his favorite pizza from his favorite pizza place flown in on a private jet. Without experience, I would suggest observing and learning before throwing coals in the fire and getting people burned when they might be doing what they're supposed to be doing. On one hand, if the management company is managing properly, and the owner is happy with what he is paying them (which sounds like the case here), then where is the problem?????

    If you have to ask the question here about whether the management company is doing it's job or if they're charging appropriately, you are NOT experienced enough to evaluate whether or not they are doing a good job or charging appropriately. We do not have enough information to give you an answer, only you have all of the information.
  9. K1W1

    K1W1 Senior Member

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    Hi,

    An audit by Flag should highlight deficiencies with your ISM System.

    This may not be that easy to expose however if the Captain and or Management Co are over friendly with the Flag Auditor.

    Off the top of my head I can think of a few management companies in the locale in your profile who would over charge and under work to put it mildly.
  10. Marmot

    Marmot Senior Member

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    The role of the management company is what is written and agreed to in the contract between the owner and the management company, nothing more, nothing less.

    As to whether the management costs are appropriate, that is between the owner and the management company. It is not for the crew to debate or criticize.

    That goes for how the owner gets his pizza fix as well. If the owner believes it is fair it is his concern alone.
  11. nilo

    nilo Senior Member

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    what an owner wants/needs

    As an owner I would expect my captain to raise his concerns on any expns/services that is related with the yacht. A captain is not hired just to take the boat from one place to the next, but also as the best consultant/manager in matters related with the boat. An owner in many instances is either not competent enough to sort the details or does not have the time to look into such issues.

    Of course there are different personalities and hence different reactions. However, life is about improvement and if as a captain you have a good idea for improvement, your owner could very well appreciate this. Needless to state, you will be the one who would have the best opinion how and when to share this with your owner. If your owner gives a positive reaction, then you can either together or after receiving his green light; on your own may dig into the issue further.
  12. Henning

    Henning Senior Member

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    If you are the master of the vessel, have a sit down with the owner and just say, "I was wondering if you're happy with the management company and their charges. It seems to me like you're not getting a very good value for your money. If you're happy with it, I'm fine with it as well, but if you aren't, would you like me to look into it and some alternatives?" Remember, at the end of the day, it's the owners boat and money, and as long as the management company isn't putting you as master into a situation that is untenable to your liability and responsibilities, it's not your concern. However, as master you are also the owners representative on board, so if you see things that concern you, it's perfectly proper to bring them to his/her attention. We all walk fine lines in this business, and as you get to know your owner better, you'll get a better feel of what their wishes are.
  13. royeng

    royeng New Member

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    Thanks for the replies from K1W1 afterwards and everyone else who has contributed

    I will try again and see what happens.

    As for this thread I am just going to review it from time to time and see any other pov that come up.