Industry told to introduce innovation, quality

PATNA: Business management experts, participating in a workshop on `Leading the Knowledge Revolution in India' on Saturday stressed on the need
of Indian industry to innovate itself.

The workshop was organized by the Indian Institute of Management and Information Technology, Patna. Introducing the subject, institute director Chakradhar Sinha said that the new management style should take into account the ground realities of world economy and depart from its control raj regime. He said that the Indian industry must improve its performance in the wake of increasing competition from multinational countries.

Arup Choudhary of Indian Business School, Kolkata, said that India has to learn from Singapore the ways to introduce innovation, quality and change. He said that organizations have to rediscover newer ways of survival. Kanika Chatterjee of department of commerce and management, Kolkata University, stressed on the need of balancing economic growth with vital demands for social equity. Former VC of BRA Bihar University A Yadav and several other experts also spoke on the occasion.

Source : Times of India