1. What Are The Infrastructure Related Challenges Faced By Adesemi?
1) What are the infrastructure related challenges faced by Adesemi?
To complete Adesemi’s first phase with 400 wireless payphones they had spent around $4.7 million. In a year they had 400 wireless payphone throughout that area with an intricate distribution areas for phone cards. After establishing all the initial infrastructure they were assuming that Tanzania telecommunications company LTD (TTCL) the national phone company will pay commission on the thousands of phone calls generated, but TTCL refused. Another example of infrastructure challenge was went Adesemi had an operating license from TTCL and spent $3million on installing infrastructure. TTCL claimed that the license was not valid and the operations were not launched as the dispute …show more content…
Heterogeneous workforce brings creativity and innovative ideas to the workplace. Different backgrounds of everyone give more and unique outlook on a problem. But it could be a huge problem to manage people from different cultures working together. Emerging market employees may consider them selves inferior or less valued than their developed country colleagues. This was taxing on Adesemi CEO as she had to settle their disputes. She suggests to improve working environment and cross cultural tolerance there should be an HR manager. This will create a better work …show more content…
The first investor for Adesemi was her class mate from HBS who invested $2000 for 20% stake in the company. Though they started the process of stetting up the business quickly they realized that more capital was required. At this time through an old fried who introduced them to a private communications company was willing to invest $750,000 but they had to raise $250,000 elsewere and they turned to their first investor and another HBS friend. The capital they raised was not enough for the first phase of installing 400 wireless payphones, they needed $3.5 million more out of which 2.5million was raised from two Boston based angel investors in the form of equity capital. This was also made possible through an HBS contact. If they did not have any HBS connection, it would have been impossible to raise the capital required for the initial state of the
To complete Adesemi’s first phase with 400 wireless payphones they had spent around $4.7 million. In a year they had 400 wireless payphone throughout that area with an intricate distribution areas for phone cards. After establishing all the initial infrastructure they were assuming that Tanzania telecommunications company LTD (TTCL) the national phone company will pay commission on the thousands of phone calls generated, but TTCL refused. Another example of infrastructure challenge was went Adesemi had an operating license from TTCL and spent $3million on installing infrastructure. TTCL claimed that the license was not valid and the operations were not launched as the dispute …show more content…
Heterogeneous workforce brings creativity and innovative ideas to the workplace. Different backgrounds of everyone give more and unique outlook on a problem. But it could be a huge problem to manage people from different cultures working together. Emerging market employees may consider them selves inferior or less valued than their developed country colleagues. This was taxing on Adesemi CEO as she had to settle their disputes. She suggests to improve working environment and cross cultural tolerance there should be an HR manager. This will create a better work …show more content…
The first investor for Adesemi was her class mate from HBS who invested $2000 for 20% stake in the company. Though they started the process of stetting up the business quickly they realized that more capital was required. At this time through an old fried who introduced them to a private communications company was willing to invest $750,000 but they had to raise $250,000 elsewere and they turned to their first investor and another HBS friend. The capital they raised was not enough for the first phase of installing 400 wireless payphones, they needed $3.5 million more out of which 2.5million was raised from two Boston based angel investors in the form of equity capital. This was also made possible through an HBS contact. If they did not have any HBS connection, it would have been impossible to raise the capital required for the initial state of the