Management of Public Sector- Neo Insights and Foresights

Policy implications deduced from the inferences points to the need of a systematic revamping interventions to correct the system failures in the Public Sector Organisations. A capital structure with a mix of owned-funds with creditorship-funds, infusion of Current Assets, maintaining an optimum capital structure and growth in Sales volume, enhancement and enrichment of Production and improvement in Productivity to scale up the profit are some of the measures need to optimize the performance of the Organisation. The authorities concerned are urged to initiate immediate meaningful steps towards implementing a series of interventions to address critical issues pausing the public sector organisations and calls for rapt attention and apt response to pave the way for a healthy and sustainable growth of Public Sector, which could indeed serve as the propellent of rapid economic transformation, if run on the track of enhanced economic efficiency. Such efficient Public Sectors prove that efficiency is not necessarily the monopoly of the private sector.

Autorentext

Dr.Febi Varghese is a Post Graduate in Engineering (M. Tech-First Rank), Business Administration (MBA) and Doctorate (Ph.D.) in Management Studies. As Managing Director, headed and turned around various public sector undertakings. Has been a keynote / invited speaker to many international conferences. Has published 25 Papers.