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Top Executive Says Flexibility To Staff Will Pay Dividends

Encourage flexibility with staff members within your company and it will pay dividends. This was the strong message from British American Tobacco chief executive, Ritesh Dass, yesterday to top management
15 Oct 2016 10:54
Top Executive Says Flexibility To Staff Will Pay Dividends
British American Tobacco Chief Executive Office (CEO)Ritesh Dass at the Top Executive Conference at the Sofitel Fiji Resort and Spa in Nadi yesterday. Photo:Litia Tikomailepanoni

Encourage flexibility with staff members within your company and it will pay dividends.

This was the strong message from British American Tobacco chief executive, Ritesh Dass, yesterday to top management level executives.

Mr Dass was speaking during the 2016 Top Executives Forum underway at the Sofitel Fiji Resort and Spa on Denarau Island.

TOPEX is an annual event organised by the Fiji Commerce and Employers Federation.

He stressed to employers that they need to foster an environment of creativity at work.

“Creativity and innovation in well-run companies has always been recognised as a sure path to success,” he said.

“The key is to encourage the employees to think outside the box and give them time and resources to think.”

 

Resilience

Mr Dass spoke on the theme: “Corporate resilience – navigating successfully in a challenging environment.”

He highlighted resilience means bouncing back in the face of adversity.

“More than its financial performance, existence – it’s the level of an organisation’s resilience which will determine it survives,” he said.

“We are not only facing business challenges but we are facing rapidly evolving business challenges.”

 

What to do

One of the things Mr Dass suggested businesses need to do to combat the challenges is make quick decision and take quick actions.

“Speed does matter. Most companies suffer because they couldn’t make decisions fast enough. The faster we learn, the faster we evolve. Speed is the utmost essence,” he said.

Also, Mr Dass stressed businesses need to start looking into the future.

“Many organisations don’t take the time to look at short, medium and long term goals,” he said.

“Pivotal question is how will the market evolve, what would the consumer of tomorrow want, what internal capacities we need to develop.

“This is not business as usual – organisations need to take time to do a strategic review to remain successful.”

Feedback:  rachnal@fijisun.com.fj

 

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