22 July, 2005 | Issue #4
Home  |  Archives   
This newsletter is brought to you by
Confederation of Indian Industry - Technology & IPR Department.
Partnering for Survival
From the CII Technology Desk
In the fight to remain competitive, the Small scale and Medium scale companies are the disadvantaged lot. While most of the large companies are able to invest in better-qualified manpower and technically superior machinery, SME’s find it hard to manage big investments. All the management gurus say that today superior manpower and technology & innovation are the key to success. The only way left for the SMEs is to collaborate horizontally as well as vertically. While collaboration with the customers and suppliers shall help them adopting management practices as JIT, it shall also provide an insight for the future of technology. Partnering with peer companies can help them achieve economies of scale while this peer partnership can also help reducing the cost of collaboration with the R&D institutes for new technology development. Technology facilitating organizations as well as government support systems in terms of soft funding should be utilized in such ventures to speed up the process and reduce the risks.

Vineet Kumar Goyal
Counsellor, CII

  General

  IPR
  Nanotechnology
  Electronics, Communication and Instrumentation
  IT & Software

  Pharma, Biotech and Health

  Energy & Environment

  The leadership Challenge

    It is a classic leadership challenge of the early 21st century: How do you steer your business and motivate your people to pursue breakthrough growth while giving proper attention to executing the here and now? Accomplishing this requires leaders to navigate both external and internal conflicts. Today, more than ever, markets exert continual pressure on organizations to cut costs and return capital to the bottom line, but building value demands that much of that same capital be diverted into long-term investments. At the same time, leaders must balance internal resources: they need to focus some of their people on continually improving and growing the core business, but they also must free others to break all the rules in the name of growth and innovation.

    - HBR

Disclaimer: This publication is not intended for commercial purpose. All the information
provided are compiled from the resources available from the websites and manuals published.
CII holds no responsibility for the accuracy of the information.

Edited by Moinudeen and Vineet
News-items compiled and contributed by Anuradha, Seema and Subodh.
Click here to Unsubscribe or change your email

Confederation of Indian Industry
249F, Udyog Vihar
Phase IV, Sector 18, Gurgaon (Haryana)
Phone : 91-0124-5014060-67, 5014075
Fax : 91-0124-5014080
Email : vineet.goyal@ciionline.org