NTPC CMD Arup Roy Choudhary with others at MTI in Ranchi on Tuesday. Picture by Hardeep Singh
When you achieve something, give credit to performers. When yo0u meet with failure, take responsibility.
This was chairman-cum-managing director of National Thermal Power Corporation (NTPC) Arup Roy Choudhury’s advice to executives of Management Training Institute, SAIL, (Ranchi) while speaking as chief guest at the institute’s golden jubilee celebrations on Tuesday.
Delivering his lecture on leadership, he said a leader should indulge in self-introspection, identify the weaknesses and try to convert those into strength of the group he leads. A leader has to do both — to keep faith of the team he leads and also to earn its faith. “Then sometimes, only sometimes, you can have your cake and eat it too,” he added.
Commenting on SAIL, Roy Choudhury pointed out that capacity utilisation that was currently at about 81 per cent should improve and the huge manpower it has should be utilised to help the nation increase its gross domestic product.
He also lauded the role of public sector undertakings that helped the country withstand the onslaught of the recent recession. It still can play an important role, he added optimistically.
MTI was formed in 1962 to train executives of then Hindustan Steel Limited and create a pool of mangers. It was formed on the recommendations of a high-powered committee that had as its members some experts from United States Steel Corporation, Ford Foundation and Carnegie Institute of Technology (US). Since then, it has been active in training company executives.
Earlier, Manas R. Panda, executive director (HR) of MTI welcomed the guests and briefed them about the achievements of the institute over the past 50 years. S. Varadarajan, executive director, RDICS (another SAIL unit) lauded the role played by MTI.
H.S. Pati, director (personnel), SAIL described MTI as the “pride of SAIL” and noted that a number of good ideas originating from the institute helped SAIL record remarkable achievements.
In a message read in absentia, SAIL chairman C.S. Verma described the golden jubilee celebrations as a “landmark occasion” and praised MTI for “playing a pivotal role in disseminating knowledge”.
A special issue of Growth, the MTI magazine with ‘Creating high profile organisations’ as its theme was also released on the occasion.