Industries Minister Nurul Majid Mahmud Humayun on Monday underscored the need for making competent managers and manpower to implement Bangabandhu’s vision of economic development.
“In order to increase the domestic industry and productivity, the responsibility should be given to the deserving people in the right place. Although Bangladesh owned a number of factories after the independence, but those could not be made profitable due to lack of management skills,” he said.
Realizing this reality, he said, Bangabandhu formed the industrial management service for the development of the industrial sector.
The minister said this while speaking at a virtual seminar titled ‘Efficient Management in Socio-Economic Development: Bangabandhu and his Philosophy’ organized by Bangladesh Institute of Management (BIM), said a press release.
State Minister for Industries Kamal Ahmed Mojumder and Additional Secretary Salahuddin Mahmud joined the seminar as the special guests.
Bangladesh University of Professionals (BUP) Bangabandhu Chair Professor Dr Syed Anwar Hossain presented the keynote address at the seminar.
Jagannath University Vice-Chancellor Professor Dr Mizanur Rahman spoke as the keynote speaker while BIM Director General Tahmina Akhtar presided over the seminar.
Humayun said that in order to reap the benefits of the Fourth Industrial Revolution (4IR), the huge manpower of Bangladesh has to be turned into human resources.
To this end, he said, a large youth group of the country has to be developed as entrepreneurs and managers through effective training.
Only then, it will be possible to achieve Bangabandhu’s economic liberation goal, he remarked.
Kamal Ahmed Mojumder said that after the independence, the father of the nation nationalized industrial factories in the interest of the working people.
Unfortunately, due to the lack of skills of the factory managers, the factories become unprofitable, he added. Emphasizing on the development of manpower skills through training, he said that in order to make the industries profitable, skilled managers should be appointed in the top positions of the factories.
Source: BSS
