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Dear Colleagues,

As the New Year dawn’s new hope and expectations comes to everyone of us. This is a great time for all of us to recommit ourselves to our organisation’s vision. Success happens when we are clear about our direction, have accurate information, and then build and implement our plan. All successful plans start with knowing the facts, challenging things that don’t work and inventing new possibilities.

Our performance till now is not encouraging inspite of receiving working capital from the government. We are carrying pending orders of around Rs. 330 Cr. So we must all focus our strategies on maximising our sales during the last quarter of 2014-15 atleast to achieve breakeven performance.

There are two especially important things to bear in mind.
Firstly, we have to aim high and work with enthusiasm. We have infinite creativity despite our limited resources, but you can’t fully exercise creativity without these two work habits so please take this advice to heart as you tackle new challenges with my full encouragement.

Secondly, always consider how to improve your current ways of doing business and the systems you use. Our Company was established more than six decades ago, so I assume that some of our culture, systems and ways of doing things may have become obsolete. All of us need to bear in mind the need for constant improvement in the way we do our work.

We have arduous task on hand to improve our overall performance and to turn around our company in the year 2015, which I know cannot happen without the co-operation from one and all. In this continuously harsh business environment, overcoming hurdles and addressing challenges requires the cooperation of all the employees. The union and the management must work closely to ensure that our workplaces remain truly safe and strong. To that end, I sincerely request the union’s cooperation. These are my thoughts on the dawn of this New Year.
Very best wishes to you and your family for a Happy & Prosperous New Year 2015.

B M Shivashankar
Managing Director
HMT Machine Tools Ltd

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