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Saturday 30 November 2013

Shri K.C.G.K Pillai,Director Finance retires on Superannuation and the message from DIR -FINANCE



My dear colleagues,
It is with a deep sense of gratitude that I lay down office on superannuation.  As I may not get an opportunity to address all of you through this forum I would like to express my feelings to all of you at this moment of separation.


I entered the then Department of Telecommunications in 1982 and subsequent to the formation of BSNL, I took absorption in this fantastic organization.  During the career spanning more than 31 years I witnessed the great transformation that took place in the Indian Telecom Sector.  I feel proud for the fact that I was also a part of this telecom revolution through DOT and BSNL.

All of us know that BSNL is passing through very tough times. From a position of prominence we have gone down to 5th position in so far as market share is concerned.  When the revenues of all other operators have been increasing our revenue has been going down and now it is almost flat. For the past 5 years we have been incurring losses and our accumulated losses have gone up to Rs.25000 crores. If the losses are not contained we may end up with a situation of cash loss.    We need to introspect and find out as to what went wrong and how we can redeem the situation.  Any amount of reasoning as to why we are unable to perform will not help us. What is required is concrete action. Therefore let all of us put our heads together and come out with ideas which will translate into tangible benefits to the company to reduce its losses which is mounting from year to year.

We belong to a family of two lakh fifty thousand and we have grown with this organization. The time has come to show our gratitude for all that BSNL has provided.  BSNL is second to none in so far as employee welfare is concerned.  Look at the salary structure, promotional avenues or medical facilities provided by BSNL.  They are comparable to other major profitable PSUs.  If we continue to incur losses there could be difficulty in continuance of many facilities that we are enjoying now. Therefore it is essential that all efforts are made to ensure that losses are contained and the company is brought back to its past glory. 
It is not difficult to reverse the present situation and make BSNL the   preferred brand if we do a little extra.  What is required is to develop a passion for your company and lit a little fire in the belly.  The moment we generate the Passion for the organization the whole environment will change and transform itself into a robust organization.  So the crux is;  Let us be PASSIONATE about our organization.  Let us be proud to be part of this massive organization. Let each one of us be a brand ambassador of BSNL.
Before I conclude let me convey my deep gratitude to BSNL and all of you who helped me to be part of this large family.  My stay in BSNL had been very gratifying and fruitful because of the co-operation and support I received from each one of you.  I also enjoyed the deep love and affection showered on me by each one of you.  Many many thanks to one and all.
With best wishes for a very   bright future.

                                                   (K C G K PILLAI)

New Delhi

29th November 2013