I came across this presentation on the Pragmatic Marketing website about a year back and thought of sharing this on the blog here. The author, Steve Johnson, presents an extremely interesting articulation of the Product Management role in technology companies – “A product manager is a messenger of the market”. He also presents interesting insights into the role of product managers accelerating the adoption of agile methodologies. A must read for those interested in career options in product management.
This post is based on my reading of “A Fit for GrowthSM Framework for Telecom Operators: Aligning Capabilities, Costs, and Structure” by Martin Reitenspiess, Christine Rupp, Hannes Gmelin, and Chady Smayra, via Booz & Co. It is an attempt to reconstruct the proposal made in the publication by drawing analogies to other pieces of work. This publication (from April 2013) from Booz & Co proposes a “Fit for Growth” framework to transition from price-based competition strategy to differentiation strategy. Not surprisingly the industry in question, Telecom, is industry characterized by the following observations: Stagnating market due to saturation of primary revenue sources Declining margins accompanied...
Via Wall Street Journal Online & Businessweek Bloomberg: With Nokia Siemens Networks having returned to profitability in Q1 2013, Nokia bets on the telecom network business – will pay €1.7B to buy back Siemen’s 50% stake in the JV. Nokia will finance this purchase with a combination of external bank financing (€1.2B) and a secured loan from Siemens (€0.5B).
This blog entry by Ken Favaro on strategy+business shares an insight into how P&G has done well not only in product innovation in the past, but has also demonstrated the ability to innovate in its business functions. The article puts forth the need for more strategic innovation – or business model innovation, if I may dare to say so -for P&G to unleash the next wave of growth. Click here for the article: Does P&G Need Product Innovation or Strategic Innovation?
(EU to end mobile roaming charges next year via The Telegraph) European politicians at Brussels vote for a roaming-free telecom universe in Europe from 2014. Users will benefit from ‘home rates’ for voice calls, texts & internet access across boundaries in Europe. While this might boost industry consolidation in the years to come – I see one clear beneficiary in this race – internet based application providers. Surely, the likes of Google Maps will see a spike in usage – “Roaming Charges” has been the biggest deterrent to me using the service on the mobile while driving across Europe.
An interesting in-depth view of what Vodafone can do with the 45% stake in it’s American counterpart – Verizon. (The complete article is at Lex in-depth: Vodafone via the Financial Times Buying back this stake from Vodafone, Verizon will be better able to bear the fruits of profitability. Also, cashing out will bring in a cheque bearing a huge figure to Vodafone. But (there is always one or more of them…) that said – what can be done with all that cash? what about the several re-organizations in JV’s with the regulatory situation ever make a telco’s path to profitability easier