Professional Documents
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PROJECT REPORT
(MANB-451)
ON
In Partial Fulfillment of
Requirements for the Award of Degree of
MASTER OF BUSINESS ADMINISTRATION (MBA)
of Dr. Babasaheb Ambedkar Marathwada University, Aurangabad
Submitted by
Name of the Student
MBA [I Sem]
Roll No.:
MGM
Institute of Management (IOM)
CERTIFICATE
This is to certify that the Project report on “Name of the Company” submitted by Name of the
Student is the result of her/his original research work completed under our supervision. To the
best of our knowledge & belief the work embodied in this Project Report has not formed earlier
the basis for the award of any degree or similar title of this for any other examining body.
DECLARATION
I, undersigned, hereby declare that Report on “Name of the Company” submitted by Name of
the Student to the MGM Institute of Management, CIDCO, Aurangabad is my original work &
the conclusions drawn there in are based on the data & material collected by myself.
Place: Aurangabad
Date:
ACKNOWLEDGEMENT
INDEX
PART-I Introduction
Introduction to Vodafone:
with a significant presence in Europe, the Middle East, Africa, Asia Pacific and the
United States through the Company's subsidiary undertakings, joint ventures, associated
undertakings and investments. Vodafone Group Plc is a public limited company incorporated in
England under registered number 1833679. Its registered office is Vodafone House, The
Connection, Newbury, Berkshire, RG142FN, and England.
The Company's ordinary shares are listed on the London Stock Exchange and the
Company's American Depositary Shares ('ADSs') are listed on the New York Stock Exchange.
The Company had a total market capitalization of approximately £79 billion at 30 June 2008.
The Group's mobile subsidiaries operate under the brand name 'Vodafone'. In the United
States the Group's associated undertaking operates as Verizon Wireless. During the last two
financial years, the Group has also entered into arrangements with network operators in countries
where the Group does not hold an equity stake. Under the terms of these Partner Network
Agreements, the Group and its partner networks co-operate in the development and marketing
of global services under dual brand logos.
Global recognition of the Vodafone brand is growing as the company rolls out its identity
into new markets. However, it retains local names and imagery in markets where this is essential
to maintaining the trust of customers. To help promote its image worldwide, Vodafone uses
leading sports stars from high profile global sports, including David Beckham and Michael
Schumacher. Vodafone is the largest mobile telecommunications network company in the world
by turnover and has a market value of about £75 billion (August 2008).Vodafone currently has
operations in 25 countries and partner networks in a further 42 countries. At 30 June 2008, based
on the registered customers of mobile telecommunications ventures in which it had ownership
interests at that date, the Group had 269 million customers, excluding paging customers,
calculated on a proportionate basis in accordance with the Company's percentage interest in these
venture
PART-II Profile
Industry profile:
History
Telecommunications in India began with the introduction of the telegraph. The Indian postal and
telecom sectors are one of the worlds oldest. In 1850, the first experimental electric telegraph
line was started between Calcutta and Diamond Harbour. In 1851, it was opened for the use of
the British East India Company. The Posts and Telegraphs department occupied a small corner
of the Public Works Department,[16] at that time.
The construction of 4,000 miles (6,400 km) of telegraph lines was started in November 1853.
These connected Kolkata (then Calcutta) and Peshawar in the north; Agra, Mumbai (then
Bombay) through Sindwa Ghats, and Chennai (then Madras) in the south; Ootacamund and
Bangalore. William O'Shaughnessy, who pioneered the telegraph and telephone in India,
belonged to the Public Works Department, and worked towards the development of telecom
throughout this period. A separate department was opened in 1854 when telegraph facilities were
opened to the public.
In 1880, two telephone companies namely The Oriental Telephone Company Ltd. and The
Anglo-Indian Telephone Company Ltd. approached the Government of India to establish
telephone exchange in India. The permission was refused on the grounds that the establishment
of telephones was a Government monopoly and that the Government itself would undertake the
work. In 1881, the Government later reversed its earlier decision and a licence was granted to the
Oriental Telephone Company Limited of England for opening telephone exchanges at Calcutta,
Bombay, Madras and Ahmedabad and the first formal telephone service was established in the
country.[17] On 28 January 1882, Major E. Baring, Member of the Governor General of India's
Council declared open the Telephone Exchanges in Calcutta, Bombay and Madras. The
exchange in Calcutta named the "Central Exchange" had a total of 93 subscribers in its early
stage. Later that year, Bombay also witnessed the opening of a telephone exchange
Growth
The total revenue in the telecom service sector was ₹867.2 billion (US$13.5 billion) in 2005–06
as against ₹716.74 billion (US$11.2 billion) in 2004–2005, registering a growth of 21% with
estimated revenue of FY'2011 of ₹8.35 billion (US$130 million). The total investment in the
telecom services sector reached ₹2,006 billion (US$31.3 billion) in 2005–06, up from ₹1,788
billion (US$27.9 billion) in the previous fiscal.[65] Telecommunication is the lifeline of the
rapidly growing Information Technology industry. Internet subscriber base has risen to more
than a 121 million in 2011.[66] Out of this 11.47 million were broadband connections. More than a
billion people use the Internet globally. Under the Bharat Nirman, the Government of India will
ensure that 66,822 revenue villages in the country, which have not yet been provided with a
Village Public Telephone (VPT), will be connected. However doubts have been raised about
what it would mean for the poor in the country.[67]
It is difficult to ascertain fully the employment potential of the telecom sector but the enormity of
the opportunities can be gauged from the fact that there were 3.7 million Public Call Offices in
December 2005[68] up from 2.3 million in December 2004.
The Total Revenue of Indian Telecom Services company is likely to exceed ₹2,000 billion
(US$31 billion) ( US$44 Bn approx) for FY 11–12 based on FY 10–11 nos and latest quarterly
results. These are consolidated numbers including foreign operation of Bharti Airtel. The major
contributions to this revenue are as follows:[69]
International scenario
The ITU coordinates the shared global use of the radio spectrum, promotes international
cooperation in assigning satellite orbits, works to improve telecommunication infrastructure in
the developing world, and assists in the development and coordination of worldwide technical
standards. The ITU is active in areas including broadband Internet, latest-generation wireless
technologies, aeronautical and maritime navigation, radio astronomy, satellite-based
meteorology, convergence in fixed-mobile phone, Internet access, data, voice, TV broadcasting,
and next-generation networks.
ITU also organizes worldwide and regional exhibitions and forums, such as ITU TELECOM
WORLD, bringing together representatives of government and the telecommunications and ICT
industry to exchange ideas, knowledge and technology.
ITU, based in Geneva, Switzerland, is a member of the United Nations Development Group.[2] ITU has
been an intergovernmental public–private partnership organization since its inception. Its membership
includes 193 Member States and around 700 public and private sector companies as well as
international and regional telecommunication entities, known as Sector Members and Associates, which
undertake most of the work of each Sector
National scenario
telecommunication network is the second largest in the world by number of telephone users
(both fixed and mobile phone) with 1.053 billion subscribers as on 31 August 2016. It has one of
the lowest call tariffs in the world enabled by mega telecom operators and hyper-competition
among them. India has the world's second-largest Internet user-base. As on 31 March 2016, there
were 342.65 million internet subscribers in the country.[7]
Major sectors of the Indian telecommunication industry are telephone, internet and television
broadcast Industry in the country which is in an ongoing process of transforming into next
generation network, employs an extensive system of modern network elements such as digital
telephone exchanges, mobile switching centres, media gateways and signalling gateways at the
core, interconnected by a wide variety of transmission systems using fibre-optics or Microwave
radio relay networks. The access network, which connects the subscriber to the core, is highly
diversified with different copper-pair, optic-fibre and wireless technologies. DTH, a relatively
new broadcasting technology has attained significant popularity in the Television segment. The
introduction of private FM has given a fillip to the radio broadcasting in India.
Telecommunication in India has greatly been supported by the INSAT system of the country,
one of the largest domestic satellite systems in the world. India possesses a diversified
communications system, which links all parts of the country by telephone, Internet, radio,
television and satellite.[8]
Indian telecom industry underwent a high pace of market liberalisation and growth since the
1990s and now has become the world's most competitive and one of the fastest growing telecom
markets.[9][10] The Industry has grown over twenty times in just ten years, from under 37 million
subscribers in the year 2001 to over 846 million subscribers in the year 2011.[11] India has the
world's second-largest mobile phone user base with over 929.37 million users as of May 2012.[8]
It has the world's second-largest Internet user-base with over 300 million as of June 2015.[12][13]
Telecommunication has supported the socioeconomic development of India and has played a
significant role to narrow down the rural-urban digital divide to some extent. It also has helped to
increase the transparency of governance with the introduction of e-governance in India. The
government has pragmatically used modern telecommunication facilities to deliver mass
education programmes for the rural folk of India.[14]
According to London-based telecom trade body GSMA, the telecom sector accounted for 6.5%
of India's GDP in 2015, or about ₹9 lakh crore (US$140 billion), and supported direct
employment for 2.2 million people in the country. GSMA estimates that the Indian telecom
sector will contribute ₹14.5 lakh crore (US$230 billion) to the economy and support 3 million
direct jobs and 2 million indirect jobs by 2020
BSNL
The Bharat Sanchar Nigam Limited, country’s largest cellular service operator was set up in the year
2000. It is a state owned telecom company with its headquarters located in New Delhi. BSNL is also the
largest land line telephone establishment in India. As of April, 2011 87.1 million users have been
reported to be BSNL users.
MTNL
Mahanagar Telephone Nigam Limited (MTNL) was set up in the year 1985, to run telecom operations in
the major metro cities of India, Mumbai and Delhi. Its headquarters are based in Mumbai. MTNL was
the first company in India to initiate 3G services in India, having the brand name of “MTNL 3G Jadoo
Services” which provided options as Video call, Mobile TV, Mobile Broadband etc to the customers.
Airtel
Also known as Bharti Airtel Limited was started in July 1995, with its head office based in New Delhi.
Airtel runs its operations in as many as 19 countries across the world and is also ranked fifth as telecom
service provider globally. As of April 2011, figures show that Airtel has over 164.61 million users which
make it the biggest mobile service operator in India. Its service includes both 2G and 3G facilities.
Reliance Communications
Also known as RCOM was set up in 2004, with its head office in Navi Mumbai. Reliance Communications
as of now has more than 128 million users all across the world.
Aircel
Aircel was founded in 1999, with its head office in New Delhi. It is a joint enterprise between Maxis
Communications and the Apollo Hospitals.
Vodafone Essar
Vodafone Essar was founded in 1994 with its head office at Mumbai. Vodafone provides services to 23
telecom circles across India.
Tata Indicom
The Tata Teleservices was founded in 1996, with its headquarters in Navi Mumbai.
Idea Cellular
Idea Cellular was started in 1995, with its head office in Mumbai. It also provides 3G services to its
subscribers.
Virgin Mobile
Virgin Mobile started its services in India in 2008, March. It is a U.K. based company.
Uninor
This Company is a joint venture between Telenor Group and Unitech Group and was started in 2009.
2) Company profile:
Vodafone Group Plc is the world's leading cellular telephone operator , boasting more than 165 million
subscribers and annual sales of more than £31.5 billion ($64 billion). The Berkshire-based comp any is
not only the largest corporation in the United Kingdom, it is also the world's third largest generator of
free cash flow, trailing only GE and Microsoft. Vodafone is also leading the battle to standar dize global
mobile telephone standards ahead of the expected next-gen eration boom in the industry, in which
voice, video, data, music, gam es, Internet, payment and other services are expected to merge into u
Project Report-I Sem 2017 13
© MGM IOM/MBA Name of the Company & logo
sers' handsets. Vodafone's success in the 2000s came through its aggr essive acquisition strategy, which
included the nearly $63 billio n purchase of AirTouch Communications in 1999 and the $183 billio n
takeover of Mannesmann--the world's largest ever acquisition--in 20 00. The company is present in
more than 30 countries, with a focus on the European markets, as well as Japan, where it is that
market's nu mber three mobile telephone player. In the United States, the company holds a 45 percent
stake in the Verizon Wireless joint venture with Bell Atlantic. With fewer large-scale acquisitions
available to gener ate double-digit growth into the second half of the 2000s, Vodafone h as begun to
concentrate on rolling out so-called 3G services to its m arkets. The company is listed on the New York
and London stock exchan ges. Arun Sarin has been company CEO since 2003.
Vodafone was the brainchild of Racal Electronics Ltd., a modestly pro sperous U.K. electronics
firm, and Millicom, a U.S. communications co mpany. Developed as a joint venture during the
early 1980s, Vodafone was granted a license to develop a cellular network in the United Kin
gdom and was introduced under the auspices of Racal in January 1985. The new subsidiary's
success was stunning. The corporate sector was q uick to appreciate the advantages of mobile
telecommunications, and i ndividuals were equally quick to spot the status symbol potential of
the new technology; fueled by business need and Yuppie culture, the d emand for mobile phones
skyrocketed.
Vodafone found itself one of only two entrants in the United Kingdom in a virtually unregulated
new industry; the other member of the duop oly was Cellnet, which remained Vodafone's
principal competitor into the 1990s. Throughout the 1980s the company created much of the
techn ology, and enjoyed most of the profits, of this rapidly expanding fie ld. Racal
Telecommunications' profit and loss history from 1985 to 19 89 succinctly describes the matter:
in the year of its creation, Voda fone was operating at a loss of £10 million; by the end of the
decade pretax profits were over £84 million. Racal soon develop ed allied divisions, including
Vodac, Vodata, and Vodapage, to expand the number and type of services the company offered.
By 1988 Racal Telecommunications Group Ltd., as Vodafone and the rela ted subsidiaries were
officially known, was by far the most successfu l player on the Racal Electronics team. The
parent company, fearing t hat the Telecommunications Group was hampered on the stock market
by its subsidiary status, and wishing, in addition, to enhance other asp ects of its business with
profit from Vodafone stocks, proposed a par tial flotation of the subsidiary. Millicom, the second
largest shareh older, who lobbied for a complete sell-off, opposed the move; in the end, only 20
percent of the share capital of Racal Telecom was offere d on the market. Three years later,
however, Racal Electronics recons idered, and Racal Telecom was separated from its parent
company in 19 91, at which time the name was changed to Vodafone Group Ltd.
More is better! A total of 141,000 sites and 106,000 3G & 4G sites, across the country ensure a
superb network experience. Highly trained technicians, engineers and project managers work
365 nights a year to create a network you can trust every day. Vodafone overall coverage
constitutes a total of 86 percent, while Vodafone rural penetration is around 79 percent. The
Vodafone network assures you enjoy great internet speeds and high call quality wherever you are
in the country.
At Vodafone, we ensure voice clarity no matter how noisy the environment. Vodafone networks
make certain that ambient noise does not interfere with Vodafone call experience. Vodafone
advanced noise suppression algorithms and Vodafone reliable IP networks work together to
deliver the best voice quality on each and every call. No matter where you are, you never have to
worry. We are present across the country through Vodafone 1.8 million recharging outlets, over
10000 exclusive and 41 angel stores.
Project Report-I Sem 2017 15
© MGM IOM/MBA Name of the Company & logo
No more call drops! Owing to Vodafone advanced 'Soft Switching technology', where if one
node goes down, the other can be used automatically, Vodafone network allows you to continue
on those long lasting conversations.
Making video calls, watching live TV and enjoying high-speed internet is superfast,
thanks to Vodafone spectrum-optimized site selection and the mobile access to Vodafone
network of interlinked towers.
The network has been optimized the network extensively so that you can make calls, send
emails and messages simultaneously on both 3G and 4G.
Mission:
Empower customers to be confidently connected
Vision:
Always Easiest
Vodafone customers must be able to rely completely on Vodafone products, services and
service delivery, 7 days a week, 24 Vodafone a day. We always want to provide Vodafone
customers with the same excellent experience. Vodafone customers must be able to use
Vodafone products and services an a simplified manner and it should be easy to work with us
and work for us. We want to be ‘Always Easiest’. Vodafone has dedicated the coming year to
Vodafone customers.
Product/Services Profile:
POST-PAID
PRE-PAID
Services:
Vodafone Global Enterprise's services include domestic and international voice and data,
Machine to Machine services, mobile email, mobile broadband, managed services, mobile
payment and mobile recording. It offers integrated communication strategies
and solutions in cloud computing, unified communications and collaboration
In October 2009, it launched Vodafone 360, a new internet service for the mobile, PC
and Mac. This was discontinued in December 2011 after disappointing hardware sales. This was
after the Director of Internet Services resigned in September 2010 tweeting "5 days before I
leave Vodafone. Freedom beckons." In February 2010, Vodafone launched the world's cheapest
mobile phone known as Vodafone 150, intended to sell for below $15 (£10) in the developing
world. It was initially launched in India, Turkey and eight African countries including Lesotho,
Kenya and Ghana.
supply of stock. During the SMS for Life pilot, which covered 129 health facilities over six
months, stock-outs dropped from 26% to 0.8%, saving thousands of lives.
A map showing the countries where Vodafone Global Enterprise has operations (colored in red)
Vodafone Malta is pleased to announce some exciting new changes to its organisational structure. The
changes have been implemented to provide additional focus on the different segments of the business
and to better support its business strategy in ever changing market conditions. It also brings Malta in
line with the Vodafone global organisational model. Vodafone’s Marketing and Commercial
departments have now been restructured into three sections namely the Enterprise and Wholesale Unit,
Consumer Business Unit and Commercial Operations unit. These three verticals are represented directly
on the Company’s Executive Committee by their respective Heads.
Vodafone India has undertaken a major restructuring of its management with an eye on the next
phase of growth. The company, which is also looking at an Initial Public Offering in the country,
said that the reorganisation has been done to be ‘future fit'.
Under the new structure, the company has created two new roles at the top level — the Chief
Operating Officer and Chief Commercial Officer. Mr Sunil Sood – who is currently Director
Business Operations, for South and West – will be the COO while Mr Sanjoy Mukerji, currently
Director Business Operations for North and East, will be the Chief Commercial Officer. Both
will report to CEO Mr Marten Pieters.
The existing position of Chief Marketing Officer will cease to exist under the new plan. Mr
Kumar Ranganathan the current CMO has been given a global role to work on Group's
commercial functions
In addition, the company will have another new role of Director External Affairs who will be
responsible for corporate communication, public affairs and Vodafone foundation.
When contacted Vodafone Spokesperson confirmed the development but declined to comment on
individual roles and responsibilities. “As we continue our endeavours in the next phase of our growth
strategy, we have fine-tuned our organisation structure both at the corporate and circle level. This has
been done primarily to prepare ourselves to be future fit and also to create and manage career
opportunities for the leadership within the organization
Ownership Pattern
Mobile Internet, 4G
New to Vodafone
Billing & Payment
Prepaid Recharge & Balance
Mobile Internet, 3G
Caller tunes, Music & Videos
Roaming
Account/SIM Related
Over half of the world’s 63.5 million refugees and internally displaced people are
children. The average length of time that someone is displaced is 20 years, meaning a child can
be born, raised and do his or her entire schooling in the closed environment of refugee camps
with limited ability to access a quality education.
Schools in refugee camps are often under res Vodafone and isolated from the outside
world. Isolation also means that cultural norms can remain unchallenged. Along with partners
including United Nations High Commissioner for Refugees (UNHCR), the Vodafone Foundation
is working to change this. The Foundation’s programmes include the Instant Network
Schools tablet-based teaching programme in refugee camps and the recently launched Instant
Schools For Africa programme, which will provide young people across five African countries
with free access to quality online educational materials - from primary through to advanced high
school level.
Fugia , 15, is one beneficiary of the Instant Network Schools programme in the Kakuma
refugee camp, Kenya. While members of her community saw no value in girls pursuing an
education, with some labeling her a ‘prostitute’ for going to school, Fugia fought for her right to
learn.
Worried about what others were saying, Fugia’s mother suggested she drop out of school.
Fugia has a heart condition and she used a Vodafone Foundation tablet to demonstrate to her
mother how the circulatory system works and how tablet-based teaching can help her to learn.
Her mother was convinced and now supports her daughter’s dream to become a doctor.
The Vodafone Foundation has been pioneering programmes and innovations in a number
of countries where it operates to address the challenge that some of the world’s most
marginalized communities and citizens have to access education.
Currently, the Vodafone Foundation is working with the United Nations High
Commissioner for Refugees (UNHCR) to deliver classroom teaching through the Instant
Network Schools programme, which uses specially-designed online educational Vodafone and
tablets to bring primary and high school education to children in refugee camps.
Arthur D. Little estimates that the programme - already benefiting more than 43,000 young
refugees each month - has the potential to improve the living conditions of 80% of young
refugees.
The Foundation’s Instant Classroom is a technical innovation that is part of the Instant
Network Schools programmed. It is a single case containing all that is required for tablet-based
teaching and was specifically designed for areas where electricity and internet connectivity are
unreliable or non-existent.
The Vodafone Foundation’s newly launched Instant Schools For Africa platform will
provide free connectivity and access to high quality, localized educational Vodafone in
Vodafone’s African markets.
HIGHLIGHTS:
£35.5 billion
Revenue
14.1% increase
£10.1 billion
Adjusted operating profit
5.7% increase
7.51 pence
Total dividends per share
11.1% increase
260.5 million
Proportionate mobile customers
26.2% increase
At/year ended 31 March2008£m2007£m2006£m2005£mConsolidated Income
Statement data
Revenue35,47831,10429,35026,678Operating profit/(loss)10,047(1,564)
(14,084)7,878Adjusted operating profit (non-GAAP measure)
(1)
10,0759,5319,3998,353Profit/(loss) before
taxation9,001(2,383)(14,853)7,285Profit/(loss) for the financial year from
continuingoperations6,756(4,806)(17,233)5,416Profit/(loss) for the financial
year6,756(5,297)(21,821)6,518
Consolidated Balance Sheet data
Total assets127,270109,617126,738147,197Total
equity76,47167,29385,312113,648Total equity shareholders’
funds78,04367,06785,425113,800
Revenue
Revenue of the company increased by 14.1% to £35,478 million for the year ended
31March 2008, with a growth of 4.2%. The impact of acquisitions and disposals was
6.5 percentage points, primarily from acquisitions of subsidiaries in India in May
2007 and Turkey in May 2006 as well as the acquisition of Tele2’s fixed line
communication and broadband operations in Italy and Spain in December 2007.
Revenue is increased by 3.4 percentage points because of the exchange rates,
principally due to the 4.2% change in the average euro/£ exchange rate, as 60% of the
Group’s revenue for the 2008 financial year was denominated in euro.
Operating result
Operating profit of the company increased to £10,047 million for the year ended
31March 2008 from a loss of £1,564 million for the year ended 31 March 2007. The
loss in the 2007 financial year was mainly because of the £11,600 million of
impairment charges that occurred in the year, compared with none in the 2008
financial year. Adjusted operating profit increased to £10,075 million, with 5.7%
growth.
(25,147) (15,049)Notes:
(1)Trade and other receivables and payables included in net debt represent certain
derivative financial instruments.(2)The amount for the 2008 financial year includes
£2,625 million related to put options over minority interests, including those in
Vodafone Essay and A cror, which are reported as financial liabilities.
Vodafone India ranked 20th in the LinkedIn Top Attractors 2017 Award- The only telecom
service provider to be featured.
Brand Leadership Recognized as the Most Trusted
Brand in Telecom Category
Vodafone Business Services recognized as the chosen leader for Telecom Carrier - Leased Lines
& Mobile Access (third year in a row).
“One would expect the big boys with larger balance sheets to make the much-needed serious
investments in technology and customer experience, which telcos with mid-sized balance sheets are in
no position to make,” he said.
Analysts and industry experts said a Vodafone-Idea merger would ring in a restructuring that would pare
the telecom industry to three dominant players, which would progressively ease . competitive intensity
and boost revenue flows.
They also expect it to hasten the consolidation of fringe companies such as Telenor and Tata
Teleservices in under a year. Nitin Soni, a director at rating company Fitch, expects industry revenue to
grow by a minimum 5% after January 2018, while EY’s Prashant Singhal anticipates average revenue per
user to increase by 10-15% over the next 12 months.
Bharti Airtel’s stock ended the day 7.5% higher on the BSE on Monday, while while shares of Reliance
Communications jumped 11.5%. Industry experts said the bruising impact of Jio’s free services would
continue through calendar 2017 as the 4G entrant is expected to step up customer acquisition following
the announcement of Vodafone and Idea’s merger plans. Jio’s freebies have stung Airtel, which reported
a 55% fall in third-quarter net profit to Rs 504 crore, and analysts expect worse results from Vodafone
India and Idea, the second and third-largest telcos, respectively ..
PART-III
On 1 January 1985 we made the UK's first mobile call. It marked the launch of the mobile
industry and transformed global communications. Today Vodafone is the world's leading
international mobile telecommunications group with equity interests in 27 countries across 5
continents, 186.8 million proportionate customers and 33 partner networks*.
For more than 20 years we've been at the forefront of mobile innovation. Now we're entering
a stretch of uncharted territory as next generation technology opens up a whole new range of
opportunities for customers. It's a new and exciting stage in Vodafone jVodafoneney.
vision:
To be the world's mobile communications leader, enriching customers' lives and helping
individuals, businesses and communities to be more connected in a mobile world.
Now Vodafone trust in organic growth, this tendency seems to continue for Vodafone.
The double digit growth rate makes this possible easily. Vodafone has also acquired buzz back in
2000 which has strengthen its growth.
It is clear from the past that whenever who ever tried to challenge faced more change
culture in an organization, Vodafone used to be the best and the only good quality supplier in the
market yet it is still but because of high rivalry change was required which made them to lower
the prices and services.
Vodafone succeeds its operations at the most minimum operating costs possible. The
management whenever sees a layer of unwanted cost immodestly sheds it and searches for other
similar cost which can be dropped.
Operational model is one of the areas where Vodafone has to look in order to make the
change happen.
Vision into action a more comprehensive review of Vodafone strategic plan and key
elements of their performance record is needed. Their vision has to be change in a sense to get
into same but different segments where they might find a high volume of competition. So they
have to invent it accordingly.
Commitment they have to be committed of what they ask for, for particularly customer
growth, for development, for awareness. Sustainability how to sustain current position in the
market is difficult for them because of its competitors.
Approach to risk include into strategic change, their reasonable approach would allow
them to examine and implement. So their approach would be different than before.
Corporate Objective:
The key objectives should be clearly definite at all levels within the groups "purpose and
values" and business principles are to be clearly understood by the top as far as line management
in order to produce corporate morals. Moreover have to have responsibilities' limits set and
standards.
Authority rules, must disclose any important ways in which their corporate practices
differ in order to comply with the standards.
Conclusion:
In the end I would like to conclude this report by saying that one can boost up the
organization as Welch did by his way of leadership style as discussed in other subject where
he/she takes right decision with right approach or wise versa. How ever having red and discussed
all above I came to the conclusion that the Vodafone is strategically well aligned with its long
term goals.
Vodafone made examples that people are willing to follow them because they knew that
this industry has the potential to deal with circumstances and they were right. Vodafone born to
lead and proved this for decades. Authority was very strict as far as work is concern. Because
"An organizations ability to learn, and translate that learning into action rapidly, is the ultimate
competitive advantage"
I have learnt many things in while doing this report as far as strategic changes in an
organization are concern, and I came to know that there are certain fundamentals involved in
either good progress of an organization or bad.
Therefore his managing strategic change could be the best example till today for any kind
of business and mostly businesses are still adopting them because they are proven. It's also
important that to be the leader in the market they should change their strategies often and
according to the working environment. Their emphasis should be on internal environment to the
external environment to get most about the company according because external environment is
the boons of the company you are working in so to get most from outside it's important to show
what you are doing.
However in this era of rivalry is so high and to be back on track Vodafone should
intensely reflect their change strategies locally as well as internationally because the next five
years are going to be threatening for everyone particularly for Vodafone where they might look
challenges and more rivalry. So they have to be ready and have to have their long term change
management plans ready.
PART-IV
Findings
In recent time telecommunication industry is on a roll.
The introduction of new products and services are revolutionizing communication and
enriching Vodafone daily life and demand is soaring, thanks in part to resurgence in the
Asian economy ,which is fuelling the growth of the entire industry.
Boosted up by the opening up of new markets, both geographically as well as in terms of
expansion of product and service offerings, the telecom industry is enjoying an
unprecedented boom time. To put it in perspective, the telecom sector has grown, on
average, twice the rate for the global economy between 1990 and 2007. At the macro-
economic level, the contribution of telecom services to the general economy has grown.
Learning Experience
At Vodafone India, customers are at the heart of everything we do. That’s why over 210
million Indians have chosen to stay connected with us.
Vodafone knowledge of global best practices along with Vodafone deep exposure to local
markets has made us leaders in the telecommunications industry. Since commencing
operations in 2007, we have consistently been awarded for Vodafone best-in-class
network, powerful brand, unique distribution and unmatched customer service. Whether
an individual or enterprise, Vodafone customers always receive world-class services that
cater to their needs.