Re: Saccharine
using xylitol or stevia instead, wouldn't really paint the same picture. Saccharine is a sort of taste version of an onomatopoeia. Not that I have synesthesia... so I could be technically wrong.
5 publicly visible posts • joined 12 May 2011
The poor decision making at big telco's has much to do with these businesses' scale and complexity. There's no mystery and not a lot that can be done whilst corporate ambitions are to grow in to wider and wider markets.
Once you've grown in to your natural addressable market as a bits and pipes company, to make your CEO's share options grow at the same rate the conventional wisdom is that you have to chase "value add", ploughing your company's cash in to app stores, virtualisation, security, sector-specific propositions etc. in a never ending cycle of reinvesting profits in to non-core (for a telco) activities.
In order to support this you need to divide your company's finite resources in to increasingly wider activities and dilute your company's previous effectiveness as a telco whilst expecting it to continue to be as successful as it used to be when it was a simple business with a clear focus.
But as long as you can keep moving the goalposts and persuading your investors that the ROI is just around the corner (and not really just about to be spent on yet another project), until your spell as CEO is over and you have your options vested, then all is good.
Accepting that pricing in developing economies should be much lower, then the choice faced by the music authorities is to either
a) chase a high volume of piracy for low value per-unit returns. Quite often in legal environments which are going to be less supportive of this activity, or
b) chase a lower volume of piracy for high value per-unit returns. In more favourable legal environments.
In what way are they chasing the wrong targets?
Yes, it might feel like the effort is being unfairly focused on Europe and USA, but it's a pracgmatic approach.
If pricing, culture and legal environment are significant factors in other markets, then it's probably worth investing in these areas ahead of trying to nail individuals there.