Values should be measure of success: E Sreedharan
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Thiruvananthapuram: Stressing the significance of imparting value education, "Metro Man" Dr E Sreedharan Monday said the success of any governance institution or commercial venture is ultimately dependent on its ethics and value system.
"For any undertaking, success should be measured not in terms of profit margins, but the values it builds across its structure and the changes it brings about both within the culture of institution and beyond it," he said.
"The incorporation of these principles and others within its work culture and workforce is the reason why Delhi Metro Rail Corporation was declared the "PSU of the year" by the All India Management Association in 2016," Sreedharan said.
Sreedharan, former managing director of Delhi Metro, was speaking at the inaugural of Good2Great (G2G) Management Services, a boutique management consultancy for which he is the chief mentor.
The consultancy is headed by former HLL Lifecare Ltd (HLL) chairman and managing director Dr M Ayyappan.
In his address, Ayyappan said there were no bad companies, only badly-managed companies.
"G2G will work to instill best management practises such as value-based leadership, create a business plan, execute strategy, enhance operational efficiency and build capacity within our clients. This will turn good companies into great organisations of global standards and scale," he said.
