Industry, govt should partner for secure future, says Ramadorai | business | Hindustan Times
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Industry, govt should partner for secure future, says Ramadorai

Corporate houses cannot be indifferent to problems related to security and lack of leadership that ail our society, said prominent executives at an HR summit on Leadership Challenges for a Secure Future, convened by the CII.

business Updated: Dec 15, 2008 21:30 IST

Corporate houses cannot be indifferent to problems related to security and lack of leadership that ail our society, said prominent executives at an HR summit on Leadership Challenges for a Secure Future, convened by the Confederation of Indian Industries (CII), on Monday.

S Ramadorai, CEO and managing director of Tata Consultancy Services said, “Our actions should go beyond just criticising lack of security and giving sound bytes. The private sector can help government in developing crisis management measure and share its technological expertise.”

He suggested a preventive mechanism, crisis management mechanism to deal with eventualities such as the recent attack at the Mumbai Taj hotel.

He advocated developing global support against terrorism, creating security awareness among citizen and developing ‘zero tolerance’ attitude among people towards security breaches.

On the economic slowdown, the TCS CEO said, “I am not unduly worried about recession right now.”

Ramadorai said the fiscal stimulus package of over Rs 30,000 crore by the government would help companies on the brink of bankruptcy, but cost cutting would have to continue for the companies to remain viable.

Emphasising the need for accountability among leaders in the industry and government, Pradeep Mallick, past chairman of CII Western Region said, “There is no leadership without accountability. Only with accountability comes good governance.”

Leena Nair, executive director – HR of Hindustan Unilever said the industry would face severe talent shortage in about 4-5 years and measures like industry-academia tie-up is the answers. “Corporate entities should fund finishing schools and tie-up with NGOs to identify talent and nurture them,” she felt.