This is not a post to give various reasons for Indian public sector companies to be privatised. But because while working for my Strategy Planning project about BSNL , I found out how inefficient the Indian public sector companies are, that i could not stop myself from posting.
The vision of BSNL according to the company's website is "To become the largest Telecom Service Provider in South East Asia." Read it over here. But according to Wikipedia, South East Asia is a sub region of Asia, consisting of the countries that are geographically south of China, east of India and north of Australia. The point to note over here is that South East Asia does not include India, the only country in which BSNL has its presence. Except BSNL, everybody in this world know that the sub region of Asia which includes India is known as South Asia.
I do not know whether it is just a mistake they committed in their website or it is a mistake in the vision statement of BSNL itself. Anyway, no excuses can be given for committing such a blunder in their vision statement for such a long duration, even if it is only on their website. (In my strategy classes, my professor & Porter have made sure to drive the point that the vision statement plays a very important role in a firm).
Even if we take the corrected vision of BSNL "To become the largest Telecom Service Provider in South Asia", a company's vision is supposed to speak of an envisioned future, not a goal it has already reached. With more than 60 million customer base, BSNL is indeed the largest telecom service provider in South Asia and 7th largest telecommunication company in the world.
.
A Humble Request to Government (though i know for sure, my request wont reach its ears)
Please make sure the public sector companies gain the professional skills to compete in the world market or just disinvest in them so they don't become the laughing stock about our nation.
Added Later(on Feb 7, 2007):
If we got a chance, our project group would like to suggest the following Vision for BSNL "To become the world's largest Telecom service provider by providing quality Telecom service at affordable prices and aiding in the socio-economic development of the nations".
Update(on November 13, 2007): Thank God! BSNL has finally changed their vision - "To become the largest Telecom Service Provider in Asia" . But i still prefer "largest service provider in the world" because both the vision are the one and the same, since for achieving both the goals BSNL has to displace the Chinese telecom service providers from their No:1 spot.
The vision of BSNL according to the company's website is "To become the largest Telecom Service Provider in South East Asia." Read it over here. But according to Wikipedia, South East Asia is a sub region of Asia, consisting of the countries that are geographically south of China, east of India and north of Australia. The point to note over here is that South East Asia does not include India, the only country in which BSNL has its presence. Except BSNL, everybody in this world know that the sub region of Asia which includes India is known as South Asia.I do not know whether it is just a mistake they committed in their website or it is a mistake in the vision statement of BSNL itself. Anyway, no excuses can be given for committing such a blunder in their vision statement for such a long duration, even if it is only on their website. (In my strategy classes, my professor & Porter have made sure to drive the point that the vision statement plays a very important role in a firm).
Even if we take the corrected vision of BSNL "To become the largest Telecom Service Provider in South Asia", a company's vision is supposed to speak of an envisioned future, not a goal it has already reached. With more than 60 million customer base, BSNL is indeed the largest telecom service provider in South Asia and 7th largest telecommunication company in the world.
.
A Humble Request to Government (though i know for sure, my request wont reach its ears)
Please make sure the public sector companies gain the professional skills to compete in the world market or just disinvest in them so they don't become the laughing stock about our nation.
Added Later(on Feb 7, 2007):
If we got a chance, our project group would like to suggest the following Vision for BSNL "To become the world's largest Telecom service provider by providing quality Telecom service at affordable prices and aiding in the socio-economic development of the nations".
Update(on November 13, 2007): Thank God! BSNL has finally changed their vision - "To become the largest Telecom Service Provider in Asia" . But i still prefer "largest service provider in the world" because both the vision are the one and the same, since for achieving both the goals BSNL has to displace the Chinese telecom service providers from their No:1 spot.
