Kerala - Kochi   

‘Leadership vital to tide over slowdown’

KOCHI: Right leadership and clarity on the roles of top-level managers would be of utmost importance for companies to deal with the chaotic situations created by the slowdown in economy, said Sunil Alagh, Chairman of SKA Advisors, Mumbai. He was inaugurating the 28th annual management convention of the Kerala Management Association here on Thursday.

Elaborating on the theme ‘emerging world order – managing challenges’, he said Indians being a different group of people, it would not be right to believe that what was happening elsewhere would repeat in the country. The fast moving consumer goods sector was growing at about 20 per cent despite the economic downturn.

“Strategies need not be changed as soon as something goes wrong. Instead, organisations will have to look at strengths and opportunities. Innovation and creativity will be able to contribute significantly to the wellbeing of organisations. A proper assessment and repositioning, apart from a persistent approach are essential. Organisations will do well by keeping off unachievable objectives,” he said.

In his keynote address, P.Thiruvengadam, head of Strategy and Operations, Deloitte & Touche Consulting India Private Limited, said an accelerated economy had created extreme inter-dependence. He pointed out that India had the competitive advantage of managing constraints. Aligning assets and positioning for emerging markets would be advisable strategies. A flexible response to market opportunities and utilising better talent would be appropriate.

K.K. Jayan, president, KMA, said Kerala had a track record of practising robust management systems. Students from Harvard had recently made a study on the successful management practices followed in the State.

Anwar T.Dole, president, Institute of Management of Sri Lanka, and Nizar Kochery, president, Qatar Indian Management Association, spoke. S.Jayathilakan, chairman, convention committee, welcomed. S.Gopakumar, honorary secretary, KMA, proposed a vote of thanks.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

‘Incidental catches’ up
Demand to lift lockout
National meet of rubber growers
When Cupid comes visiting
Policy on marine eco-systems sought
Youth Front meeting
SIC order to provide information
‘Leadership vital to tide over slowdown’
Recession has not reached State yet: expert
‘Conduct unbecoming of IAS officer’
High Court to hear writ on bus stand today
Eight roads proposed to be taken up under JNNURM
Milk procurement price increased in Ernakulam
Students stage march to Cusat VC’s office
Call to inculcate scientific awareness
Actor to leave hospital soon
Kochi Today

Copyright © 2009, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu