Introduction:
Telecommunication affects our daily life in various ways. In today’s society smart phones and the internet are omnipresent. Over the last 25 years mobile phones and the internet have changed considerably the way people communicate with each other. It is thus no surprise that telecommunication has become a necessity in the business world. The number of mobile phone connections in Germany has increased from 1,77 million in 1993 to a staggering 115,23 million in 2013 (Statista, 2015a). Moreover, the proportion of internet users has increased from only 37% in 2001 to 76,5% in 2013 (Statista, 2015b). One can clearly derive the massive growth potential of this industry back in 1990 from this development. Despite this massive growth potential, the German state decided to split up one of …show more content…
it is particularly interesting to have a detailed look on the process of privatization of the German market leader Deutsche Telekom.
First, the history of Deutsche Telekom will be discussed and some background information about the telecommunication industry will be given. This will be followed by a theoretical point of view why privatizing former SOEs was suggested by many specialists at that particular time. Subsequently, the concrete privatization of Deutsche Telekom will be discussed. In the following, an evaluation of this privatization will be provided. Based on this evaluation, it will be debated whether the so far partial privatization should be finalized into a full privatization. Finally, a conclusion will be …show more content…
First strand: Managerialism
- Continuous increases in efficiency
- Use of “ever-more-sophisticated” technologies
- Labor force disciplined to productivity
- Clear implementation of the professional management role
- Managers being given the right and freedom to manage
Second strand: Indirect control
- Continual improvements in quality
- Emphasis upon delegation and
Telecommunication affects our daily life in various ways. In today’s society smart phones and the internet are omnipresent. Over the last 25 years mobile phones and the internet have changed considerably the way people communicate with each other. It is thus no surprise that telecommunication has become a necessity in the business world. The number of mobile phone connections in Germany has increased from 1,77 million in 1993 to a staggering 115,23 million in 2013 (Statista, 2015a). Moreover, the proportion of internet users has increased from only 37% in 2001 to 76,5% in 2013 (Statista, 2015b). One can clearly derive the massive growth potential of this industry back in 1990 from this development. Despite this massive growth potential, the German state decided to split up one of …show more content…
it is particularly interesting to have a detailed look on the process of privatization of the German market leader Deutsche Telekom.
First, the history of Deutsche Telekom will be discussed and some background information about the telecommunication industry will be given. This will be followed by a theoretical point of view why privatizing former SOEs was suggested by many specialists at that particular time. Subsequently, the concrete privatization of Deutsche Telekom will be discussed. In the following, an evaluation of this privatization will be provided. Based on this evaluation, it will be debated whether the so far partial privatization should be finalized into a full privatization. Finally, a conclusion will be …show more content…
First strand: Managerialism
- Continuous increases in efficiency
- Use of “ever-more-sophisticated” technologies
- Labor force disciplined to productivity
- Clear implementation of the professional management role
- Managers being given the right and freedom to manage
Second strand: Indirect control
- Continual improvements in quality
- Emphasis upon delegation and