Rourkela: “We have to inculcate a culture of innovation. We have to proactively identify the root cause of the problems and nip them in the bud,” emphasised Dipak Chattaraj, CEO, Rourkela Steel Plant (RSP) while addressing a gathering of about 500 executives in the 3rd session of ‘Udyam’.
The programme was organised at the Gopabandhu Auditorium on September 3, 2019. Notably, ‘Udyam’ is an HR initiative launched by the CEO himself, with the objective of directly interacting with a large group of executives regarding various aspects of the functioning of the Plant. The theme of the 3rd session of Udyam was ‘Cost, Profitability & Liquidity’. Raj Vir Singh, ED (P&A), Gautam Banerjee, ED (Works) and D. K. Mohapatra, ED (MM) were also present on the dais. The ‘Cost Leaders’ identified from each department were present on the occasion.
In his address, Chattaraj discussed elaborately adequate scope available to reduce the cost of production so as to overcome the challenges being thrown by the sluggish market. Exhorting the employees to do introspection in their respective areas of work and adopt aggressive and effective cost management practices the CEO stressed on role clarity, process correction and swift decision making.
He also touched upon a broad range of topics like environment, safety, power consumption and distribution, energy and water management, wastage elimination, maintenance practices, inventory optimisation, township management etc and explained how each aspect of functioning impacts the financials of the Plant. The CEO also interacted with the Cost Leaders of each department regarding the achievements and possibilities.
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