Senior decision-makers come together to connect around strategies and business trends affecting utilities.

Post

State owned companies & "social vision"

image credit: Google
Rafael Herzberg's picture
Consultant energy affairs, Self employed

Rafael Herzberg- is an independent energy consultant, self-employed (since 2018) based in São Paulo, Brazil* Focus on C level, VPs and upper managers associated to energy related info, analysis...

  • Member since 2003
  • 2,219 items added with 1,294,236 views
  • Mar 1, 2021
  • 357 views

State owned companies & "social vision"

President Bolsonaro declared that we must have a social vision referring to state-owned companies. As we all know, In the company statutes, this vision is very well defined.

* All stakeholders, must be considered.
* Governance and compliance criteria
* Mission and values ​.

It means that the "social vision" is an inherent part of the companies' DNA. Whether state owned or private, it is the same approach.

* Paying taxes and thus contributing to the country's budget.
* Profits make it possible to expand the business generating more jobs and income.
* Financially and economically sound allows a long term outlook.

In Brazil, the harsh reality shows that state-owned companies are generally used by an ingrained system of cronyism, do not have the capacity to invest and the metrics they present are far behind similar companies managed by the private sector, both in Brazil and abroad.

The solution is privatizing state-owned companies, so that they can actually fulfill their mission and thus really benefit Brazilians, with the recommended social vision.

Discussions

No discussions yet. Start a discussion below.

Rafael Herzberg's picture
Thank Rafael for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »