Vassily Sidorov's departure is old news; the lesson has not been widely disseminated.
Sources suggest that MTS management could not manage their way out of a damp paper bag. Vassily Sidorov of MTS paid the price for getting lost. It will take a lot more than changing the man at the top to change MTS' direction. It's management have grown up in a vertical (and heavily politicized) management structure. Every decision required the CEO's input; whether he was qualified to comment or not.
Changing the environment is as important as adjusting to an ex-growth (in a Russian sense) business. I doubt that Sidorov's replacement is a change of style;
Further increase in the value of the company is possible through efficiency and reorganization. Sistema will probably hire another manager at MTS for that, a strict administrator.“ A source said of Melamed that ”with him, everyone goes to the bathroom according to schedule and strictly according to instructions.“
It will be interesting to see if the vertical, control-oriented style of ”Russian“ management will work in low(er) growth markets. My take is that it won't. Vertical never works and slows decision making to a crawl. If the British Army has worked it out then how far behind will major Russian businesses be?
[composed and posted with ecto]