There is a need to focus on project management, global perspective, deep domain knowledge and both HR and legal skills.
He stated that there is a high requirement to leverage the hardware and software eco system to create a new concept of manufacturing excellence. The real big opportunity is to fundamentally change the price performance envelope around the world.
While India has broken the myth of low class; middle and the rich and has the ability to provide service to all as one, what is interesting is breaking the curve and collapsing the poor middle class into one system. The distinction between the classes is irrelevant.
The key concern of the manufacturing industry is the stress on ecology and its impact thereof.Prof Prahalad specifically stressed on water with respect to quality, its availability and usage and emphasized on the need to move from regressive fuel to progressive fuel that is depleting the health.
Summing up, Prof Prahalad said that the paradigm shift needs imagination to be the global leader fuelled with passion, courage, humanity, humility and intellect.
Confederation of Indian Industry
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