With the beginning of the new financial year, special sessions of Synergy are being organized to extensively communicate the performance highlights of 2013-14 and the Annual Business Plan (ABP) as well as the challenges before Bhilai Steel Plant (BSP) for the financial year 2014-15.
Synergy is a CEO and top management-led employee engagement forum which is held regularly in the BSP, the highest profit-making unit of the Steel Authority of India ltd (SAIl).A special session of Synergy was held last week here at HRDC, Bhilai.At the outset, CEO, BSO, S Chandrasekaran congratulated the Bhilai Collective for wonderful performance in the fiscal that went by.
Addressing the participants, he said that the teamwork is key to the ongoing success of the Plant. Placing on record his appreciation for the achievements during 2013-14, he stated that the Board of Directors and Chairman, SAIl, too have appreciated the performance of Bhilai.Enthusing the people about the targets for the current fiscal, he said that Annual Business Plan for 2014-15 has been finalized and the targets are realistic and very much within the reach of collective, if we operate as per plan and create the necessary cushion by performing from the year beginning itself.
The Annual Business Plan targets for 2014-15 for Bhilai Steel Plant has been fixed at 5.38 MT Hot Metal, 5.26 MT Crude Steel, 4.58 MT Saleable Steel and 3.52 MT Finished Steel.“What we have achieved in previous year is because of cooperation and involvement of all,’’ he informed, adding, RsRswe have restricted our expenses. Input costs and market prices are not in our control, and so as a team we have leveraged all the factors to reduce costs.”
Underlining the need and importance of communicating the targets to the last man in hierarchy, he said, “Communication to the last man on the shop must be done so that people know what is expected of them, so that they can understand and anticipate the difficulties that they may face.”
Addressing the gathering, he said that safety must be accorded top priority in all our endeavours. “We must ensure that SOPs are strictly followed and processes norms adhered to. We have to be proactive in safety matters and everyone has an important role to play in safety,” he said.
Citing the many awards won by the BSP in the previous year including Prime Minister’s Trophy for the year 2011-12, ‘Commendation Certificate for significant achievement’ in CII-Exim Bank Award, IIM National Sustainability Award, Energy Conservation award, Rashtriya Vishwakarma Award and Chairman’s Trophy For Young Managers, the CEO said, “It adds to our responsibility.”
Praising the Bhilai Culture, he concluded by saying that “Bhilai collective has overcome the insurmountable and it was time to build upon the strengths and sustain our position as a leader in the Indian Steel Business.”
Addressing the participants, the Executive Directors took turns to congratulate the collective for a very fine performance during 2013-14 and exhorted the participants to prepare like true champions in order to take on the challenges of the new year.At the outset, SPS Jaggi, GM (BE), welcomed the participants and informed that the objective of synergy is to steer the organization to achieve global excellence and in its 16th month journey more than 1850 executives have been part of this exercise.
The presenters for the programme were Sanjay Kumar, AGM (PPC), Kakoli Roy, Sr Manager (PPC), VMV Krishna, AGM (PPC), Smita Jain, Senior Manager (Finance) and Yogesh Shastri, DGM(BE).The presentations were followed by an interactive session in which participants from across various departments of the plant raised queries and put forward their suggestions for improvement. Preeti Bhatnagar, AGM (BE), proposed the vote of thanks.