Abstract
Vikalpa publishes three responses to K R S Murthy's article “Do Public Enterprises Need a Corporate Strategy?” (April-June 1987).
Professor Laxmi Narain agrees with Murthy's argument that the strategic competence of public sector enterprises is low. However, he questions whether the conditions and context of high level competence can be laid down as requirements for formulating a corporate strategy. He argues that public enterprises do need a strategy while their environment and competence would decide the extent of their success.
Agreeing with Murthy's arguments, Professor S K Chakraborty suggests that the government should withdraw from managing the enterprises.
Former Finance Minister of Gujarat Shri Sanat Mehta points out that chairmen and managing directors of the profit making public enterprises behave almost like Rajas and waste resources. He states that public enterprises have a role to play in spreading social justice.
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