Good Management practices shall lead to Indian Influence: Prof. Mohd Ossama!

22nd June 2023, Mumbai: India has been a very peaceful and developing nation with stable macroeconomic credentials and very vibrant public and private sector to cater to Indian development story and eventually leading India to global rise. Indian businesses and Indian CEOs are a real brand ambassador to Indian influence in the 21^st Century. India needs to widen economic growth and manage key human capital and social indicators.

India today luckily is witnessing a massive startup revolution, big rise in startups and number of unicorns. Indian MSME sector is really important and big enough to support lot of employment. Big businesses in India are setting up big campuses outside India. Indian IT/ITES, BPM, Pharmaceutical and Engineering firms are doing good business globally. Trade balance with China and USA is also robust and working well. Our key economic partnerships are too working well; India is a member of QUAD, SCO, BRICS, and G20 etc.

Good Management leads to Good Productive Results

India has also a big public sector, in all major sections of economy, Railways, Roadways, PDS, Warehousing, Insurance, Banking, Metals, Oil, Food and Manufacturing etc. These big PSUs are big enough to support lot of jobs, skill development, national welfare policies and R&D output to the nation. Indian PSUs are well organized and well equipped to handle key national assignments. While Indian private sector is really developed and mature with very good corporate governance and capital market operations. Private sector employs lot of people and drive key steps to skill development and economic growth. Overall Indian business and public organizations are very well structured and well managed till the ground staff reaching in lakhs in many of them. They have elaborate bodies and well mechanized partnership with the national vision and goals. Good management practices are to be followed everywhere, management principles are universal, intangible and productive. All major organizations with some repute should have MDPs, Leadership development programs, advanced trainings and good People management steps in their setup. Good Management leads to better overall results and broad based growth. National Missions given out by the union government from time to time should be introduced in key management trainings to the organizations.    

Good Institutions shall bring more productivity   

Good Institutions have a good HR Dept and vibrant people management system, good management develops leadership and effectiveness. Input leads to a synchronized process, which leads to product and services. In reputed originations operations and BPM is looked very well and every depts. adds value to the brand and services offered. Good ERP and CRM are key to attain productive outlook and output. Hence Indian institutions from government, private and charities should develop some sort of partnership to attain perfection in good Indian management system and catalyzing Indian influence.

Organizations, Macroeconomic credentials and human development shall lead to Indian influence

Investment in institution management and treating people as an asset always pays back, major economic organizations must deliver on good and robust management principles. Fiscal and monetary policy should work well in coherence and human aspect of development should always receive major funding specially in education, skills and health. Indian influence is a harmonious macroeconomic condition where the interplay of international relations, economic policy and domestic policy influence world polity on business, arts, culture, military and other services.

Organizations and their management shall play a key role in Indian influence and all professionals, youth and self employed should be encouraged to become part of institution led development in AmritKaal for a developed and global economic powerhouse India we want in 2047.

Vision for India as an Economic Powerhouse (SIAIN) developed by Prof. Mohd Ossama

Self – (Training) - Inspiration – (Training) - Aspiration-(Training)-Institution - (Training)-National Development

Prof. Mohd Ossama is a senior management teacher, trainer and award winning writer. He has taught business management at major institutions and trained numerous corporate executives. He has mentored various students and led various academic and industry programs. He can be reached at: [email protected]