Telecom Transition CEO
The world of telecoms has transformed our society, both professionally and personally. In France, almost the entire population has a mobile phone or a computer. We are in an increasingly connected society and the telecommunications industry is constantly developing.
At Reactive Executive, we provide telecom transition CEOs . Experts in their core business, they will know how to meet the needs of your business.
The telecom sector: a connected world
The telecom sector has experienced constant development over the past few decades. The invention of the telegraph in 1793 marked the beginning of a new era: the creation of telecommunications.
The goal was to address several challenges: ignoring physical distance and increasing the speed and efficiency of message transmission. In 1962, the creation of the first AT&T telecom satellite marked a turning point in the telecom sector.
This has allowed a phenomenal development of trade. Since then, network operators have continued to emerge and develop. With the arrival of 5G, the amount of exchanges and communications has now reached an unprecedented level.
In which cases to use the CEO of transition telecoms?
A company can use a telecom transition CEO to restructure its entire organization and to deal with a change, whether operational or strategic. But its scope is not limited to this.
It is possible to use an interim CEO in the following situations:
- Crisis management: indeed, the Covid-19 crisis has impacted many sectors, particularly the telecoms sector.
- During the recovery or restructuring of a company: which was the case with several French operators.
- During the merger, takeover or acquisition of companies.
- During the realization of a major project or in terms of diversification: technological advance projects.
- For the continuous improvement of the company’s activity.
- For the replacement of the manager.
What is the role of a telecom transition CEO?
The role of the telecoms transition CEO is well defined. It is he who oversees, plans and directs the organization and market strategies in the sector. Facing competition from other operators is also its role. He is in charge of the management of the teams and has the task of carrying out the operations until their completion.
It participates in the research and development of new technological processes. The world of telecoms being constantly subject to mutations and changes, the director’s role is to adapt and evolve while facing the various hazards.
What are the missions of the CEO of transition telecoms?
The evolution and changes present in the telecom sector make it possible to assign a range of varied missions to the telecom transition CEO. Indeed, he must be able to lead and carry out all innovation projects with his teams. His mission is to develop business strategies to gain competitive advantage. He determines the budgets with the financial department. He is often called upon to develop the company’s growth and thus gain market share.
What is the expected profile of a transitional CEO?
The world of telecoms being vast and complex, a telecom transition manager must have knowledge of the telecommunications market, technologies and the network. It is necessary to have a mastery of the concepts and technologies of the sector, as well as the rules that apply (eg competition law, free competition). The telecom transition CEO must have a certain relational ease, because he maintains close internal links with the marketing, communication and sales teams.
With his teams, he must carry out projects that will have an impact on the market. He animates and directs the meetings to carry out his various strategies. He must have a thorough knowledge of the competition.
Given the constant changes in the telecom industry, a CEO in this field must know how to adapt quickly to new challenges .
Remuneration of a telecom transition director
The salary of an interim CEO depends on several factors. First of all, it takes into account the time of occupation of the post and the professional experience of the CEO. But criteria such as the size of the company and the importance of the transition project are also important in the remuneration.
The salary of a CEO in telecom transition
Depending on the size of the company, and for large telecommunications operators, a telecom transition director can claim a gross annual salary of between 70 and 200,000 euros.
The bonuses of a telecom transition CEO
The bonuses of a CEO in transition from this sector can vary between 5 to 15% of the fixed salary depending on the achievement of his objectives.