Standing Conference of Public Enterprises (SCOPE) organised its 9thVirtual Symposium on ‘CPSEs Strategies to Respond, Recover and Thrive to combat the pandemic’ chaired by Mr. Sailesh, IAS, Secretary, Department of Public Enterprises. Mr. Rakesh Kumar, Chairman, SCOPE & CMD, NLCIL; Mr. Kishor Rungta, Vice Chairman, SCOPE & CMD, FACT; Mr. Atul Sobti, DG, SCOPE; Mr. Arindam Guha, Partner, Government & Public Service, Deloitte India and Mr. Anandorup Ghose, Partner, Human Capital, Deloitte India also addressed the participants. The panellists deliberated on measures PSEs need to navigate through these challenging times. The interactive symposium received an overwhelming response with over 1000 participants including CMDs, Directors of PSEs in attendance on SCOPE’s social platforms.
Mr. Sailesh while complimenting PSEs for sustaining the supply chain and essential services through the pandemic stated that there was a need for upscaling their knowledge in the new normal through technology and digital intervention. Speaking about the paradigm of ‘Atma Nirbhar Bharat’ introduced by the Government, Mr. Sailesh added that there were high expectations from PSEs to increase investment, innovate and stay relevant by competing not only domestically but globally. He also added that PSEs need to perform with their usual vigour and strength to thrive and also said that SCOPE has an important role in the aspect of representing the view of PSEs in various forums.
Mr. Rakesh Kumar speaking about the large scale pandemic of COVID 19 suggested that PSEs have a key role to equip themselves and respond to this as a renewed opportunity. Mr. Atul Sobti said PSEs are working continually to respond and minimise the impact of a pandemic to thrive in the changing business models while leveraging technology and apprised participants that SCOPE will be bringing out a Compendium on ‘Efforts of PSEs to Combat COVID-19’ to highlight the initiatives taken by them. Mr. Kishor Rungta said that such virtual symposiums are a great opportunity for PSEs to learn from experts and adapt the best practices in their organisations.
The Deloitte team gave a presentation on the need for PSEs and organisations to be agile and adapt to the new normal while adopting new skill sets for the entire workforce. They also highlighted that it is most critical for organisations to be resilient.