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Telecommunications

Telecommunications EMCALI

structural problems will be solved only with a cultural change on workers and a substantial decrease in salary level.

Suspended indefinitely TELECALI capitalization process, let me make some observations on the subject.

I have not clear how the split and subsequent capitalization of TELECALI can bring overall benefit to the company in its three components (Energy, Water and Telecommunications).
Under the assumption that has been eradicated cancers of corruption and political chicanery of the company, conditions that are the main reasons for the crisis which came EMCALI.

The two crucial points in telecommunications is one that EMCALI not know how to sell, EMCALI not know the business side and the other the capital requirement for technological renovation, but there is a major issue, and is on the I guess laying resuspended TELECALI Capitalization, is related to income level EMCALI staff, especially if employers were required replacement.

On several occasions I have said that workers are aware that their income is much higher than the market and that the regulation allows the end user to transfer, which is why these workers were at the ready to review a further reduction in profits during the negotiation of the collective agreement ended December 31, 2008 .

The real problem is not the convention itself, a convention which in itself is expensive, but the problem is, the income level of workers, which does not allow the company to compete as an example for a power line worker regulation recognizes a monthly value of about 2.5 million pesos monthly competition including the official sector is to pay about 1.8 billion pesos and EMCALI the same function is provided with a monthly value of about 4.2 million. Additionally, another point is that although the staff is well paid, it does not have a business culture, staff whenever he can, do different tasks to which they are intended within the company.

is for these reasons that although TELECALI be split, Energy and Water Supply will continue with structural problems, which can only be solved with a cultural change on workers and a substantial decrease in salary level.

Previously I opined that the company integrated its three components could better compete for the market today still think the same. However, if you took the decision to split TELECALI and that decision will not be reversed, I think the decision should be directed to be given autonomy, to be given autonomy as a typical company SA where the company seeks a marketing expert to teach you how to do all the commercial management . Consequently, as a medium-term capital will be required to update technology - remember that total communications technology renovation should be done every three or four years - should think of ways of capitalization, which in this case processes are already invented, in the case relying on the expert on the business side, you could give this cap, and I think we can be without requiring specialized operator will be different service the staff of the company. Thus, the first thing is to make stock contributions to social capital fund of all telecoms users have, then use the capital market as they have done several public and private, to have a trade expert, would not at this time capitalization problems in this case would be democratized.

As for the other two services (Energy and Aqueduct), with no monthly outlay represented payments to bondholders for TermoEmcali, it would make a total re-engineering on the job. This beginning of a cultural change where the employee can accomplish goals as cheaply as possible instead of trying to get more income with less work effort. Raw materials would be sought at the lowest possible cost, with very good negotiation, including cases of purchase of energy, which seek new sources of cheaper water, having less pumping and with a lower level of contamination, something that currently carries a potential public health problems. The latter work does not imply economic stability for the company, but involve a substantial reduction in rates charged to the user because such costs are transferred directly to the user, thus improving the competitiveness of company.

If the decision to split is not taken, the whole process of capitalization to the structural changes mentioned: first with seeking a commercial manager for all three services , and the other starting capitalization capitalization fund contributions and later social capital on the market, this would be done to across the enterprise, with particular regard to a significant change in the attitude of the worker, and a substantial decline in wage levels, at least acknowledges the level of regulation, a level that is above the value that recognizes the market average. not forget a good achievement at good prices and quality of raw materials.

Carlos Alfonso Potes Victoria
utilities consultant
capotesvic@gmail.com