Industry & Economy
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Events
Call to tap employee potential
Our Bureau
Kochi
,
Feb. 25
EXPERTS at a Confederation of Indian Industry (CII) seminar here on Friday called for better realisation of employee potential and leveraging IT as growth drivers in the present competitive environment.
In his inaugural address at the seminar, "Charting Organisational Restructuring," Mr Pothen Paul, Managing Director, Kvaerner Powergas Private Ltd, emphasised the recent manufacturing successes as testimony to excel in the present competitive world.
He spoke of TVS group as an example to emulate where innovation and productivity emerged as the differentiating factors.
Mr K.V. Ramarathnam, CEO, Musco (Mahindra Ugine Steel Company) pointed out pricing formula against the material price volatility, building relationships through supply performance and rationalisation of customer profits as the important marketing tools that helped in the turnaround of Musco.
Mr George Zacharias, President and CEO, Sify Corp, emphasised the company's focus on Internet protocol, strategic business unit level decentralisation for faster decision making, development of own systems from scratch for use Sify-wide, creating a value system called the Sify way, bandwidth negotiations and franchisee management skills as important factors that paved the way for Sify to emerge from the brink of bankruptcy to a profit-making entity.
Mr M. Srinivasa Rao, Head, New Initiatives, ITC, pointed out to control origination of goods from farm level, productivity gains in processing and logistics and price discovery and risk management skills as the essence of the success of the e-choupal initiative.
Mr Ravichander, Vice-President, Development and Knowledge Banking, YES Bank, laid emphasis on knowledge banking as the key driver of YES Bank growth.
Mr Bhaskar Ghose, Managing Director, IndusInd Bank, spoke of the expansion plans that would catapult the new generation bank to match up to the competition in the wake of implementation of Basel-II norms.
Dr S. Rajaram, GM-Planning and Development, BHEL, Tiruchi, focussed on the increased use of IT and reduced delivery time and lowered cost of generation as areas that would trigger growth of greater scale and size.
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