main challenges

financial sustainability

Government-owned entities normally have financial sustainability as their number one challenge. This normally due to government interference, mismanagement, or political considerations for setting prices or rates. Without tackling effectively this problem, business entities have no future, and no matter what patch is applied it will always be an existential problem. Corpora-Gov knows the complexities in solving this challenge and has developed innovative approaches that go through reduction of costs, increases of revenues, and strategies to deal with tariff or price issues. Normally is a multipronged approach that relies on technical, operational, financial as well as communications interventions.

INDEPENDENT OPERATION

Government ownership comes with political interference inevitably and therefore unstable transitions from administration to administration. Shielding business owned by the government from these erratic cycles is a major challenge that needs to be tackled with a multi-pronged approach. Corpora-Gov has developed ways to deal with this challenge, from establishing governance structures inviting the participation of broad and respected groups of stakeholders through the establishment of proper and transparent channels of communication, and by accepting and integrating agendas of new administrations; all strategies to maintain businesses responsive to goals and vision of new administrations without losing integrity and core operational and sustainability strengths.

employee participation

The reform of state-owned enterprises requires internal and external support that is achieved by creating ways of participation, for employees and for the public in general. Corpora-Gov seeks employee involvement both in the design and the implementation of reforms. Their support is critical for any transition and change-management processes. When possible, employees should access financial benefits from transaction outcomes through stock options in transactions or through performance incentives. Reforms of large entities with national relevance need also consider public shareholding strategies to distribute value and growth benefits. Innovative means of reforming companies with public ownership provide legitimacy to reform.