VISAKHAPATNAM: Rashtriya Ispat Nigam Limited (RINL) CMD P Madhusudan stressed the need to reduce cost of production to compete with the integrated steel makers during 2017-18. He opined that this requires demonstration of team work and transformation of work culture and any management process has to be linked to cost effectiveness, he added.
Presenting the certificates of ‘Significant Achievement’ and ‘Strong Commitment’ under ‘Chairman’s Trophy for Excellence’ Awards at Ukkunagaram here on Tuesday, Madhusudan lauded the winning departments for bringing improvements in the internal efficiencies to enhance productivity.
He called for fresh commitment from VSP collective in the process and improvement to enhance the image of the company.
He said that incremental improvement in a comprehensive manner will help improve the bottom-line. RINL employees have the competencies, potentialities and skill levels to realise the goals, he said. He also exhorted them to translate the abilities into results/actions during the current year to retrieve the lost ground.