MoU system in state-owned enterprises in India: a tool in strategic management
- 2018
- p.36-48.
- Mar
The role of state-owned enterprises (SOEs) in India has to be seen in the historical context. They have played an important role in the countryﾒs development. The Memorandum of Understanding (MoU) system introduced in these enterprises has gone beyond the original objective of grant of greater autonomy. While it has become a tool in strategic management today, it is riddled with some inadequacies that need to be removed. The article argues that a reformed MoU system will go a long way in enhancing the contribution of these enterprises to Indiaﾒs GDP. - Reprodu
Company's vision Signalling system Balanced score card Performance contract Public sector enterprises - India State owned enterprises - India