Bangalore, Dec 18: Public Sector companies (PSCs) lack enough training facility to train leaders to assume bigger responsibilities and this had hindered their progress, Bharat Earth Movers Ltd Chairman and Managing Director V R S Natarajan said today.
He was delivering the inaugural address of the interactive workshop on 'Managing change and adapting to competitive business environment' organised by Standing committee of Public Enterprises (SCOPE) in collaboration with ILO.
"There is a proper training system in Public Sector industries to help leaders make smooth progress to the top level of the management. The private sector produces the CEO material on a regular basis due to their constant leadeship 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," he said.
Value creation, constant upgrading of technology and innovation should become watch words for the leaders in the PSUs. "Don't be slaves of your own organisation. Try to do things differently and be creative and not repetitive," he called on the executives attending the workshop.
Mr U K Dikshit, Director (Programmes) of SCOPE said the workshop helped the executives of PSUs attending the programme from all over 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.