Tuesday, January 20, 2009

'Cos need to make the shift from ideas to execution'

http://economictimes.indiatimes.com/Corporate_Announcement/Cos_need_to_make_the_shift_from_ideas_to_execution/articleshow/4009479.cms#write
A comment on the main story in TOI

Slightly differing and consider-all-factors view on this story..

An idea whose time has come is the roll out of 3G and WiMax telecom networks in the country. 3G will be essential in giving the technology edge to executives and managers. WiMax has the power to take broadband connectivity to distant villages. 2G will continue to service the bulk of population.

2009, being an election year, will see a spate of populist measures. Money will be spent on meaningless pursuit of "free to the population". In face of that Government, is considering hiking up the licensing fees of 3G networks from 1650 cr to 4040 crores. Similarly it is considering hiking up the licensing fees of WiMax to 2020 crores from 1000 crores. All to meet the CA deficit. All too well, except that such prohibitory fees will find no takers. Companies will have brilliant ideas, but no policy measure and prohibitory measures will impede execution. In terms of 2G networks, India has commisioned a paltry 6 Mhz to telecom open market. In most of the countries this is 12-15 Mhz. This impairs call quality and causes congestion. Many ideas do not see execution because of this crunch.
Point I make here is, governance is the third and a very critical bit. Idea and execution is internal to companies and a company not doing well on these counts will fail in the market by its own doing. However, where is the space for execution of novelties when governance limits the base functions in the first place.

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