Monday, 26 June 2023 00:00
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What’s the core issue with the SOE? – loss-making or not maximising market profitability?
What’s the opportunity at stake? – quantify via a long term cashflow forecast, comparing it to market/business potential
What’s the root cause? – is it with the business model/strategy or the execution of it? (customised to each SOE)
How should the SOE be turned around? – evaluate multiple routes via cost-benefit analysis to the people (the ultimate owners)
Privatisation is one option, but should not be the starting point. Neither stick with State ownership/management because it’s the status quo. Think laterally