safaricom analysis
TRANSCRIPT
o Impact of Globalization o Kenya - Structure and Telecommunication o Safaricom Ltd. Overview o Overarching Issue and Actions Takeno Mckinsey 7S Model o Future steps
Agenda
Globalization
o Economic Growth o Access to New Markets o Increase Domestic Labor Demand o New Technology
o 8.4% of GDP o Annual growth 20%o Expected to
contribute 10% to the country’s GDP by 2017
o Area 581,309 sq.km
o Capital Nairobi o Government
Presidential o GDP $ 154,595
Billion o Population
45,010,056
Structure of Kenya
Telecommunication Industry
Safaricom Overview
Source: Safaricom Sustainability Report 2015
o 25 million subscribers o 20000 agents across the countryo 4129 Employeeso Ownership structure:
40% Vodafone 35% government 25% individual and corporate
investors
True Economic Value Loss
Estimated at 30 Billion KES
Corruption
Source: True Economic Value Report, KPMG 2015
Key StepsAnti-Bribery and Corruption Framework
o Ethics Committee
o Bribery and Corruption Risk Assessments
o Whistle Blowing Policy and “Hot Line”
o Ethics Trainings
o Due Diligence
o Investigations Procedures
Action Taken
Source: AB&C program, KPMG
Impact of Change
Source: Safaricom Annual report 2015 Source: Safaricom sustainability report 2015
Mckinsey 7S model o Discipline Management Process
o Recruiting process
Shared Values
Structure
System
Style
Staff
Skills
Strategy
Human Resource Interview
Account Interview
Phone Simulation Interview
Core Skills Training
Product Training
Future Steps
Organizations must have an end to end solution that drives its values and policies in its people, internally and externally