Relevance of operational Autonomy

One of the main cause of poor performance of public enterprises in India has been lack of adequate operational autonomy. Operational autonomy implies that the management of a public enterprise enjoys sufficient freedom in decision-making but remains accountable to the pubic. It does not mean absolute freedom of action or complete autonomy. "Autonomy does not mean less public accountability, it means more. But it is accountable not for method, procedures should be accountable for their performance. But they must be given sufficient freedom of action for achieving the prescribed goals. "The assumption is that they need a large degree of flexibility and informality in their decision making and should not be held accountable, like department of the Government, for each and every action, but only for the achievement of objectives set out for them." Too much interference and two rigid supervision is prejudicial to the efficiency of public enterprise. Management of a public enterprise can function without fear of political interference in day-to-day operations. Political interference in the daily routine of a public enterprise prevents managers from taking bold decision based on commercial principles.

CssFounder.com  | Website For Everyone

http://cssfounder.com

#website_designing_company_in_delhi

#website_designing_company_in_mumbai

#website_designing_company_in_surat

#website_development_company_surat