Term Paper
POOR PRODUCTIVITY IN DESCO:
PROBABLE SOLUTIONS
1.0 INTRODUCTION
Dhaka Electric Supply Company (DESCO) has been a trendsetter in Bangladesh electric supply company since its inception since incorporated under the company act in 1994. Over the last decade DESCO actually rose to a new standard – moving beyond electric supply co. to win mindshare of clients, users, shareholders, business partners and communities where we work and live. DESCO was constituted to provide uninterrupted & stable power supply, better consumer service, improve system loss & C. ratio and accordingly DESCO starting its operational activity since September 24, 1998 by taking over of Mirpur area from DESA. Our dedication to add more value to the common wealth of the society compounded by innovative strategies for growth and diversification.
Dhaka Electric Supply Company (DESCO) which will initially take over part of the distribution network of DESA and ultimately take over all its assets. The formation of this company is seen as an essential step towards “corporatization and commercialization" of the sector and to reduce the excessive inefficiently in the distribution network in the capital. With the economy performing very well during 1992-95, the demand for electricity grew substantially. Constrained by the paucity of its resources, the Government decided to allow private sector participation in the power sector. Faced with a grim possibility of serious electricity shortages during the next few years and to enable the sector to be financially self-sustaining and also attract private capital, the cabinet approved in principle, the inter-ministerial committee report named "Power Sector Reforms in Bangladesh (PSRB)", in September 1994.
1.1 Company Overview
1.1.1 History of the Company
The electricity supply industry in South Asia started with the commissioning of the first power station in the 1890s. Although a number on small stations were constructed over the next 20
PROBABLE SOLUTIONS
1.0 INTRODUCTION
Dhaka Electric Supply Company (DESCO) has been a trendsetter in Bangladesh electric supply company since its inception since incorporated under the company act in 1994. Over the last decade DESCO actually rose to a new standard – moving beyond electric supply co. to win mindshare of clients, users, shareholders, business partners and communities where we work and live. DESCO was constituted to provide uninterrupted & stable power supply, better consumer service, improve system loss & C. ratio and accordingly DESCO starting its operational activity since September 24, 1998 by taking over of Mirpur area from DESA. Our dedication to add more value to the common wealth of the society compounded by innovative strategies for growth and diversification.
Dhaka Electric Supply Company (DESCO) which will initially take over part of the distribution network of DESA and ultimately take over all its assets. The formation of this company is seen as an essential step towards “corporatization and commercialization" of the sector and to reduce the excessive inefficiently in the distribution network in the capital. With the economy performing very well during 1992-95, the demand for electricity grew substantially. Constrained by the paucity of its resources, the Government decided to allow private sector participation in the power sector. Faced with a grim possibility of serious electricity shortages during the next few years and to enable the sector to be financially self-sustaining and also attract private capital, the cabinet approved in principle, the inter-ministerial committee report named "Power Sector Reforms in Bangladesh (PSRB)", in September 1994.
1.1 Company Overview
1.1.1 History of the Company
The electricity supply industry in South Asia started with the commissioning of the first power station in the 1890s. Although a number on small stations were constructed over the next 20
Bibliography: Cooper, D., & Schindler, P. (2003), Business Research Methods (8th ed.), New Jersey: McGraw-Hill Irwin. DESCO (2009), Dhaka Electric Supply Company, Annual Report 2009, Dhaka: Bangladesh: DESCO. DESCO (2010), Dhaka Electric Supply Company, Annual Report 2010, Dhaka: Bangladesh: DESCO. George, J.M., & Jones, G.R. (2002). Organizational Behavior. (3rd ed.). New Jersey: Prentice Hall. Presidential Ordinance of 1972 creating the Bangladesh Power Development Board The East Pakistan Water and Power Development Authority Ordinance,1959. Websites: www.desco.org. www.google.com