Bangalore, Dec 18 (UNI) Public sector companies lack adequate training facility to train leaders to assume bigger responsibilities, hindering their progress, Bharat Earth Movers Ltd Chairman and Managing Director V R S Natarajan said today.
He was delivering the inaugural address of an interactive workshop on 'Managing change and adapting to competitive business environment', organised by the Standing Committee of Public Enterprises (SCOPE) in collaboration with the ILO.
''There is no proper training system in public sector industries to help leaders make smooth progress to the top level of the management. The private sector produces CEO material on a regular basis due to their constant leadership programmes. It is important that managers in the PSUs also acquire such an attitude. They should have the will to win and urge to realise,'' Mr Natarajan said.
Value creation, constant upgrading of technology and innovation should become the watch words for leaders in the PSUs. ''Don't be slaves of your own organisation. Try to do things differently and be creative and not repetitive,'' he exhorted the executives attending the workshop.
SCOPE Director (Programmes) U K Dikshit said the workshop helped the executives of PSUs attending the programme from across the country to gain an overview of global business scenario and its impact on enterprises. Strategies were worked out to regain talent and enhance competitiveness in the PSUs. A comparative experience of public and private enterprises was also done, he added.