This refers to the editorial "Non-performing managers"(August 26). This is a balanced view of the current position of the top management at public sector undertakings and banks. PSUs in India, including banks, have become whipping boys of the government and regulators. Government officials use these organisations for carrying out their agenda. It is not that these organisations cannot compete with their private sector counterparts. They will outperform them if a level playing field in terms of skill, technology, opportunities and autonomy in management is assured. But to make this possible, the selection procedure, at least from middle-management level will need an overhaul.
M G Warrier Mumbai
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M G Warrier Mumbai
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number