How do you lead a team across cultural divides?

Flash Forward: Looking back on Michaelmas term

 

The first term seemed to just happen, in the flashes of flashes. It has been a period of both getting settled into a new home and experiencing a unique curriculum that has given me invaluable insights into the makings of great leaders and managers.

 

Yet it has not been until well into the winter break that I have found the opportunity to reflect on the past few months. Before any of us realized, the first term was over, and we all dispersed to the far corners of the world; whether to visit familiar faces or discover new places. So now, chugging through the Slovakian countryside, journeying by train from Prague to Budapest, I am finally able to fully realize the extent of my learning in Michaelmas term.

Topic: Effects of competition in the Telecoms Industry.

By: Solomon Ojeagbase

ABSTRACT:

Telecommunications using a comprehensive framework, I examine the impact of competition in the telecommunications sector. Privatization contributed substantially to labour shedding, output growth, network expansion, and improvements in labor productivity as well as total factor productivity. But how countries privatized is important. Share issue privatization facilitated the development of the mobile market segment. Granting a newly privatized operator a period of exclusive market access, on the other hand, reduced the gains from privatization (due to the output-restricting tendency associated with market power) but not entirely negated the gains.

The presence of competitive pressure in the market was associated with more employment, higher output, faster network expansion, and higher labor and total factor productivity. We find evidence of complementarity between privatization and competition in that competition increased the gains from privatization and vice versa. Estimates show that half of the output growth between 1990 and 1998 was attributable to privatization and competition after controlling for input growth. Competition appeared to have a larger impact on labor and total factor productivity than privatization.

INTRODUCTION:

EFFECTS OF COMPETITION IN TELECOMMUNICATION INDUSTRY

Telecommunication can be defined as the branch of electrical engineering concerned with the technology of electronic communication at a distance, subsequently Telecommunication can also be defined as the system used in transmitting messages over a distance electronically.