CORPORATE WINDOW: Bureaucrats on SOE boards

LET’S begin by discussing the conclusion: an Independent Non-Executive Director’s (INED) perspective is incomprehensible to a state structure bureaucrat who has been trained to avoid risk throughout their career, has kept ministries away from modern technologies, and treats their clients (the nation’s citizens) as children of a lesser God. To comprehend this, let’s take a brief look at the present world, which is built on the shoulders of fast-moving consumer goods companies and tech giants, who have fundamentally changed consumers’ and customers’ lives. However, despite the remarkable vision of our officials, we still struggle to get uninterrupted internet access in the twenty-first century, while a single thinker like Elon Musk is planning to provide internet for free to the whole world; these are two different mindsets, with a gulf of a thousand years between them.