Ilan Ben Dov From: mistake after mistake

Two years after the advent of Ilan Ben Dov partner, the company is still not out of the crisis. Fixed media world she had no time in the world 

Investors need protection from the controlling shareholder. Ilan It is likely that the only thing currently saving the stinging losses partner is semi-monopolistic market where it operates. Fixed telecommunications world, where competition is' cut Gronot' as it should be, no partner all day. Two years after the advent of Ilan Ben Dov company and three years after the strategic mistake of the previous CEO, partner still not out of the crisis. Monopolistic market allows white bear to continue to shave the old woman's partner, and make mistake after mistake without paying a price for that critical. The decision not to replace David Avner immediately after taking the company was a mistake; decision to postpone the closure of the failed Internet activity, was a mistake; decision to appoint the deputy CEO Eli Glickman and for the role, was a mistake; decision to purchase the 012 Smile's overpriced NIS 1.5 billion , was a mistake; decision to bring in an outside CEO Smale and appoint an insider to keep the existing executive cadre, was a mistake; decision to butt heads at the media and vociferously lead the war against the expansion of the competition, was a mistake; the decision to bring forward the role of Jacob and a Vice President of Marketing non-managerial uncertainty in society, was a mistake; decision to put himself in front of company when he has mild's image was a mistake; decision to accelerate the pace of competition in the first quarter of 2011 even though the competition will begin only in 2012 was a mistake. Now it appears that the decision to appoint Jacob Gelbard CEO, was also a mistake. Ben Dov is apparently big loser from his mistakes, because it the largest shareholder in Partner owns 44.6% of the company. But the reality is quite different. Ben-Dov has partner through a pyramid of two public companies which it controls, so that in fact only 25% of partner held his hand thread. Ben-Dov's partners hold the remaining shares from the public, that is 75%. Ben-Dov, director, affects a lot of other people's money. The question now is where he was Partner's board of directors? Where are the people who had to stop the Ben-Dov and tell him that he did wizard import and sale of cellular handsets, but a huge cellular company management as a partner is a different story? Where directors take care to leave the hard decisions by professionals with experience? Who protects the public shareholders from a bear?Partner's tragic story is not over yet. Investors need protection from the controlling shareholder, but this protection does not exist. As long as Ben-Dov will continue to be involved so much in, and as long as the company's board of directors so weak, it is difficult to see the fate of this flag ship variable. Heavy emotional baggage that subject Ben Dov, Haim Romano stable to the same challenges experienced CEO like that Gelbard had failed them. Hard to see the Romano changes the path of a company without a significant change in corporate governance problem of a partner. In favor of large shareholders in the company, that is public, should bear a move.