Stc_Main_Log

Situation:

Digital disruptions are both an opportunity and a threat and this is especially true for STC. Their strategy is to become a Digital Telco in response to this.

Complication:

  • The rapidly evolving Telecommunications environment has resulted in commoditization of the voice and text business and data revenues are stagnant while Capex, Opex and consumption rise exponentially.
  • The executive and management team are not fully skilled for this new age neither operationally nor strategically

Resolution:

  • A Digital Learning Academy has been set up in Riyadh
  • Candidates are taken through a deep dive into the Digital age, Digital disruption, Innovation, Telecommunications 2.0 and both agile and lean startup approaches.
  • Over 1500 senior leaders are taken through this programme over a two year period