Challenges Facing Indian Industries
As there are more than 1 lakh industries in India that are struggling and unable to provide monthly salaries, yearly increments, and bonuses, those with qualifications, experience, and skills are seeking opportunities with higher pay or staying at profitable companies. For any factory to run successfully and reach organizational goals, we need quality manpower with a positive attitude, behavioral approach, and an understanding of the company's ethics and policies.
Key Factors for Industrial Success
Firstly, the safety of employees is crucial because if something goes wrong, the company must provide compensation. Secondly, reaching production targets at the peak capacity of machinery is essential. Thirdly, maintaining and improving product quality is key. Fourthly, ensuring that production is aligned with dispatch and marketing activities to avoid complaints is vital. Fifthly, conducting cost analysis to ensure profitability is important. Otherwise, if there are losses due to improper costing or management decisions, it can lead to issues with the company's operations.
India has the potential to become a superpower nation by fulfilling these five tasks.
Thank you,
H.B. Krishna Chary
Safety Manager
Location: Secunderabad, India
From India, Secunderabad
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1As there are more than 1 lakh industries in India that are struggling and unable to provide monthly salaries, yearly increments, and bonuses, those with qualifications, experience, and skills are seeking opportunities with higher pay or staying at profitable companies. For any factory to run successfully and reach organizational goals, we need quality manpower with a positive attitude, behavioral approach, and an understanding of the company's ethics and policies.
Key Factors for Industrial Success
Firstly, the safety of employees is crucial because if something goes wrong, the company must provide compensation. Secondly, reaching production targets at the peak capacity of machinery is essential. Thirdly, maintaining and improving product quality is key. Fourthly, ensuring that production is aligned with dispatch and marketing activities to avoid complaints is vital. Fifthly, conducting cost analysis to ensure profitability is important. Otherwise, if there are losses due to improper costing or management decisions, it can lead to issues with the company's operations.
India has the potential to become a superpower nation by fulfilling these five tasks.
Thank you,
H.B. Krishna Chary
Safety Manager
Location: Secunderabad, India
From India, Secunderabad
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