Business Times

Long-awaited SLT restructuring plan kicks off

The long-awaited restructuring plan aimed at complete transforming Sri Lanka Telecom (SLT) finally kicked off this week under the direction of the semi-government company’s new board of directors headed by Nimal Welgama, a senior official of SLT said.

Under the plan developed in accordance with the report of the British Telecom Consultants on the SLT restructuring, a new regional organizational structure will be implemented with immediate effect. Issuing a circular, No 31 of 2010 (a copy of which is in the possession of Business Times), SLT Chief Executive Officer Greg Young said “ with a view of transforming SLT to better meet with the changing market and demands in the competitive environment and changing the business to focus on customers and future growth, the SLT regional offices will be given full powers to conduct business under a chief regional officer.” The restructuring process of SLT has been initiated to transform it to a global IP solution provider and sustain the growth of the company.

Earlier all regional offices came under the control of a chief officer at the SLT head office in Colombo. The decentralization of functions of SLT will strengthen sales and marketing at regional level, Mr Greg said. It will also uplift telecom operations and maintenance functions enhancing new business and new service development. Another objective is to delegate authority to regional offices for effective business management.

The ad hoc restructuring process implemented by the previous management since 2007 is also being changed. Eleven heads will be appointed to handle functions of SLT provincial offices under the restructuring plan. “We have given the regional offices the autonomy in core areas and encouraged proactive and dynamic decision-making. This strategy is supported by the infusion of professionalism in those areas where such expertise was required,” according to an SLT board member.

In 2008 the number of heads of divisions was increased to 58 from 47 which created an additional burden to the company as all the officers were given many perks. This structure with reduced heads will be completely changed.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
Other Business Times Articles
Car imports in pre-Budget rush
Long-awaited SLT restructuring plan kicks off
Ranjit Page takes charge of CT/Cargills group
Drama at CBD: Harry's HNB directorship at stake
Shell: Negotiations still on
Award-winning tour guide denied entry to UK to collect award
Colombo stockmarket will continue to ‘zoom” – BT poll reveals
Comment - Gas and the public
Feature - Annals of policy: directing capital where it’s needed most
NGJA to crack down on unauthorized and low quality jewellery business
Feature - Recruiter’s dilemma
Fitch upgrades Sri Lanka rating, sees GDP at 7 % in 2010-2012
Commercial Bank Internet Payment Gateway offers more
Sri Lanka achieves end Sept. IMF targets, 6th tranche likely in Nov-Dec.
ITI – now a recognized regional training centre for ISO Lab systems
Rewarding experience at the Sunday Times Business Club
Budget 2011 – Reduce foreign exchange controls, trade barriers
Governance key to good development and hub status
Standard Chartered appoints new CEO for Sri Lanka
Sri Lanka not exploring enough potential of Pakistani markets
Mobile phone market to expand, optimism high in telecom sector
Sri Lanka promotion accompanies Sitar Concert in Brussels
Legends in Sri Lankan tourism
Nutrition awareness programme for rural school children
Memories of a former SAESM participant
Domestic SriLankan flights by year-end
Mini hydropower developers raise concerns over proposed power purchasing rates
Six Senses Ahungalla to open in 2012
Plant 2 trees instead of 1 to offset carbon emission: Prof. Munasinghe
Orange Electric lights up their lives
SriLankan Catering to list in Colombo bourse
TOYP awards
SEC price curbs still under wraps
Fitch upgrades Dialog to 'AAA(lka)', outlook stable
Watawala Plantations exports under ‘Tetley’ brand name
Sri Lanka's TFC to offer Rs 3.6 billion in shares
Reefcomber soon as Citrus Aqua
Stock news


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2010 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution