- Nov 10, 2011
Make HAL work harder by:suggestions?
1. linking incentives for top management with performance. I had posted years back HAL stock had declined by 30% since IPO, yet no action against their MD
2. Privatize more of it so that market participants can get seat on board and push their employees. Government can continue to hold majority to protect important IP.
3. Have retired IAF officers be part of HAL board. HAL is mostly a one customer company, yet ironically that customer has no say in how the company should run.
4. If the above are too difficult, just hire a consultant to give suggestions on improving productivity and implement their suggestions.