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"Knowledge management needs to be given its due"

Special Correspondent

CHENNAI: Anna University Vice-Chancellor, P. Mannar Jawahar, on Tuesday said that in the knowledge era, knowledge management was not given its due importance and recognition by the Indian industry. Delivering the inaugural address at the ‘India-US global business planning and networking strategy conference', he said “We are in a knowledge era, where knowledge has emerged as the critical resource. Indian industry is facing tough competition in this hyper-competitive global-mall. Good knowledge management practices could help the industry in this scenario. The political leadership has also started recognising this aspect. The knowledge management covers software, pharmaceutical and petroleum marketing, thus covering both private and public sector.”

Dr. Jawahar stressed on the importance of five sectors (infrastructure, health and healthcare, energy, knowledge management and public media) that were necessary to provide a better quality of life to people through global business planning and networking.

To have an ideal healthcare system in place, he suggested four criteria – universal access; fair distribution of financial costs for access; training providers for competence empathy and accountability; pursuit of quality care; and cost effective use of the results of relevant research. Also special attention has to be given to children, women, disabled and the aged, he said.

On the energy sector, he said the goal was to increase energy efficiency, reduce energy consumption costs, decrease reliance on imported energy and minimise the environmental impacts of energy production to create opportunities for green jobs and business.

US Consulate General, Vice-Consul, Shankar Rao, said it was rare for a high technology start-up firm particularly in Silicon Valley to successfully raise venture funding without an ‘Indian' strategy. “Our businesses recognise the value of matching American technology with local Indian know-how. Such joint research and development activities will continue to drive innovations that produce benefits for both our countries, as well as citizens around the world,” he said.

Anna University, Department of Planning, SAP, Professor and Head, Abdul Razak Mohamed, said a delegation from the University of Findlay will interact with the Anna University vice-Chancellor and other faculty members for collaboration in academic and research activities.

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