Public Sector Enterprise Issues - Inputs on Root Causes

Dear Friends:

Here is a summary of the issues highlighted by you with Public Sector Enterprises.

Please review them and if anything is missing, please add it as a comment. Otherwise, please help in identifying some of the Root Causes for these Issues.

Once we know the Root Causes, we will work on Identifying Solutions that will improve the State of Public Enterprises and submit the whitepaper to the PMO and associated ministries for actions.

Thanks for your participation!
Rajendra Pratap Gupta

----------------------------------------------------------------------------------------------------------------------------------------

Functioning of Public Sector Enterprises - Key Issues

1. Corruption is rampant
2. Management is not up to the mark
3. A lot of scams happen
4. Lack of vision from top management
5. The working of these organization is highly politically influenced
6. Services given to the customer are poor
7. Responsibility for losses & leakages is seldom fixed
8. There is a lack of transparency in the appointment at Senior level
9. Employees are untrained and not ready to adapt new technology
10. Customer care is pathetic
11. Performance of the employees is very poor
12. Some organizations have been running in losses for years
13. Customer service of these PSUs is pathetic
14. Labour Union leaders are involved in political activities, therefore, not working towards good work of the organisation
15. Work distribution and responsibilities are not fixed
16. Major mismanagement of resources
17. Lack of focus on growth
18. Lack of focus on cost management
19. Lack of accountability especially at top management level
20. Major corruption in sourcing and vendor management
21. Quality of their work is not up to the mark
22. Public Enterprise Selection Board is influenced by politicians and in many cases requires payoffs for Senior jobs at PSUs
23. Promotions are made based on caste/religion or just years of experience
24. Technological advancements in the PSUs are very slow
25. Price of the finished products is much higher than the competition
26. Inadequate after sales service more  

View all 188 comments Below 188 comments
..................................... Karan would like to stay in touch on LinkedIn. Karan Tandon Ex Vice President / Generation at Tata Power -ddl,New Delhi Noida Area, India View profile https://www.linkedin.com/comm/in/karan-tandon-70a66118?trk=eml-guest-invite-pprofile-link-cta&trkEmail=eml-invite_guest-null-418-null-null-%7E9kj324%7Eji0fdts2%7E27-null-neptune%2Fprofile%7Evanity%2Eview&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BB77V%2FVTBSYCk8iQOs88uEQ%3D%3D Confirm that you know Karan https://www.linkedin.com/comm/start/accept-invitation?sharedKey=udTqimA4&invitationId=6379357191132024849&trk=eml-guest-invite-cta&trkEmail=eml-invite_guest-null-416-null-null-%7E9kj324%7Eji0fdts2%7E27-ssuw-start%7Esignup%7Ewarm&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BB77V%2FVTBSYCk8iQOs88uEQ%3D%3D ..................................... Unsubscribe: https://www.linkedin.com/e/v2?e=-9kj324-ji0fdts2-27&t=lun&midToken=AQFmrFVhGEd36Q&ek=invite_guest&li=426&m=unsub&ts=unsub&loid=AQE2ZMVR7pwybgAAAWPLeDVb9tt1kqJuAvKLGUKVGZu6-iKcWC6Or1RspjUDPxp94XW9iEdnfvsekDu25qq5GvSsE2yvM30_t51xkZP14SQrXyJqTQfBcZS__BEcoDlGVaK1XtVoApxm8irbDbtcNGOHj3FnxJytIA&eid=-9kj324-ji0fdts2-27 Help: https://www.linkedin.com/e/v2?e=-9kj324-ji0fdts2-27&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BB77V%2FVTBSYCk8iQOs88uEQ%3D%3D&a=customerServiceUrl&ek=invite_guest&li=425&m=footer&ts=help&articleId=67 You are receiving Invitation emails. LinkedIn will use your email address to make suggestions to our members in features like People You May Know. This email was sent to www.send_newpost++fdbbmqlktriy++trmqgxbbmqmq@localcirclesmail.com. © 2018 LinkedIn Ireland Unlimited Company, Wilton Plaza, Wilton Place, Dublin 2. LinkedIn is a registered business name of LinkedIn Ireland Unlimited Company. LinkedIn and the LinkedIn logo are registered trademarks of LinkedIn. more  
Root causes for public sector enterprises poor performance are : 1 Lack of professionalism in Management 2 Management is mostly politically driven 3 Lack of Interest in R & D and introduction of new technologies 4 No insistence on technology transfer on foreign collaboration 5 Large unproductive manpower non commensurate with their operations - approx. 40 % personnel run the enterprise . rest are drag on the systems & its financial resources. 6 Govt must come out of many public sector enterprises and hand them over to private sector for time bound turnaround Tandon more  
Public sector per se can not be treated as not good. There are public sectors which are managed highly professional manner. But yes there are units which are highly mismanaged where the old mind set,unionism, apathy of our political group, mismanagement at all levels, total absence of any involvement which has to be revamped or privatised. more  
Public Sectors in the field of Health Care should be properly monitored with respect to the procurement price by the concerned ministry like ministry of Health & Family Welfare. more  
All Public Sector Units including banks & railway should be sold lock stock & barrel, proceeding from sale of PSUs should be used to clear external and internal debts of GOI, GOI should not be involve in doing any kind of business, period. more  
Post a Comment

Related Posts

    • Should Convicts be Barred for Life from Polls?

      The above question is posed by Supreme Court to Central Government and Election Commission. If a convicted person is barred from govt. employment, what is the rationale behind provisions in the Rep...

      By MOHIT PANDE
      /
    • Request for Survey

      Local Circles please carry out a Survey on the following topic: * Noise pollution due to Loud Speakers at Religious Prayer places and its health effects viz increased stress levels, sleep dis...

      By MOHIT PANDE
      /
    • Stray Dogs Menace:

      A tragic incident occurred near Wadala Chowk in Jalandhar, where an elderly woman was attacked by 7-8 stray dogs while on her way to a Gurdwara early in the morning. The entire incident was recorde...

      By Harsimran Kaur
      /
    • Income Tax Act 1961: Suggestion for making it Simple

      Government had invited suggestions for simplifying Income Tax Act, 1961. In this connection I would like to suggest that “CHAPTER VI-A DEDUCTIONS TO BE MADE IN COMPUTING TOTAL INCOME” m...

      By MOHIT PANDE
      /
    • Not expected

      1) Tremendously increased VIP culture 2) Unnecessary expense on Opening ceremonies, Rallies 3) Increased Extra expense on protection of leaders 4) Any type of Appeasement

      By Mahen Patle
      /
    • FLOOD CONTROL – Solution

      Every year various parts of our country face floods during rainy season. This year floods were more severe. Since independence many proposals were submitted to Government which included River Linki...

      By MOHIT PANDE
      /
    • States holding BH registration of vehicles

      Ministry of roads had issued detailed guideline in the year 2022 for implementation of registration of vehicles under BH series. This step was a revolutionary step to reduce the hardships faced by ...

      By Abhishek Prahladka
      /
    • ALLOW WOMEN TO CARRY PEPPER SPRAY FOR SELF DEFENSE

      With increasing cases of Molestation, Rape and Rape & Murder in all over India, the Government should consider permitting women to carry 35 gm Pepper Spray for Self Defense. In places of e...

      By MOHIT PANDE
      /
    • BAN LOUDSPEAKERS AT RELIGIOUS PLACES OF WORSHIP

      Noise pollution is an invisible danger and impacts millions of people on a daily basis. The Noise Pollution (Regulation and Control) Rules, 2000 under the Environment (Protection) Act, 1986 ...

      By MOHIT PANDE
      /
    • Remove Input Tax Credit

      CBIC detects Rs. 36,374 Cr. Fake ITC in FY 2023-24 In a significant revelation, the Central Board of Indirect Taxes and Customs (CBIC) has reported a massive detection of fake Input Tax Credit...

      By MOHIT PANDE
      /
    • Good Governance in a Democracy and Citizens' expectations

      India is a country with enormous Manpower resources and it took 1st place in the world surpassing China. India is said to be world's largest Democracy and growing economy. Even after o...

      By RAGHONADH DUTT P
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)