SCOPE Organises National Workshop on Succession Planning for Board Level Positions

NEW DELHI: Two-days 16th National Workshop on “Succession Planning for Board Level Positions” was inaugurated by Shri K.V. Chowdary, Central Vigilance Commissioner organized by Standing Conference of Public Enterprises (SCOPE). Shri Ved Prakash, Chairman, SCOPE & CMD, MMTC, Dr. U.D. Choubey Director General, SCOPE and Mr. Saptarshi Roy, Director (HR), NTPC also addressed the participants.

 

Mr. K.V. Chowdary, Central Vigilance Commissioner in his inaugural address said public sector enterprises are symbolized as model employers.  He advised the senior executives to prepare themselves for multiple skills and have thorough knowledge of various disciplines, laws, regulations pertaining to the organization. He also advised to ingrain the ethical values and practices that have been built over a period of time in the organization.  He emphasized on succession planning at every level in the organization.

 

 Mr. Ved Prakash, Chairman, SCOPE & CMD, MMTC in his address said corporate structure is becoming flatter.  He advised the senior executives who are aspiring for the board level positions to be well versed in all areas of organizational functioning.   He stressed to be well acquainted with IT skills and proactively participate in training to be abreast with latest developments.

 

Dr. U.D. Choubey, Director General, SCOPE in his welcome address  said succession planning is a weaker area in PSUs which needs to be strengthened as  relates to competitiveness, continuity and retain skilled and knowledgeable persons in the organization.  While exemplifying the international practices, he emphasized the need to create a talent pool so that there is  a smooth transition to the board level positions.

 

While proposing vote of thanks, Mr. Saptarshi Roy emphasized the need for building a strong leadership pipeline line the organization. The Workshop was attended by a large number of Senior Level Executives from various public enterprises.