In projects which are for social good, profitability becomes a necessary evil. Several of the public sector organisations may have been created with some social cause and that hasnumbed their accountability to ROI. In earlier years it may have been useful since most of these were monopolies and profitability came due to lack of competition....
Tag: PSEs
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On a strong pitch
It should be no surprise that PSEs emerge right on top when it comes to efficiency and performance, given their inherent rather than acquired advantages. But, writes Maya Sinha, the flip side is that they have not redefined their own strengths to achieve better productivity the very accountability that defines PSEs is hampering speedy execution.