How to Read ESSENCE OF MANAGEMENT BY VALUE-ADDED (1) MOBI
Management by Value-Added (MBVA) is the utmost significant root for developing all-India manufacturing sector and the next most significant after the agriculture sector. The author thinks it is an emerging issue for the development of human capital as well as knowledge-capital intensive society like ours. MBVA is an inter-disciplinary subject on which the author did his M.Phil (Topper) from the University of Calcutta in 1995. The author worked under Faculty Improvement Programme (FIP) being teacher fellow researcher. The author has submitted the dissertation creatively to the Department of Commerce, University of Calcutta. He studied management by quality awareness (MBQA) and MBVA go hand-in-hand. Management of value enhancement (MOVE) is the ultimate objective of our robust economy which depends in a major way on the growth of all-India manufacturing sector through the continuous development of Human Development Index (HDI). India ranked 134 on HDI securing 0.547 whereas China ranked 101 securing 0.687 in 2011 out of 187 countries globally evaluated by Human Development Report 2011.India is well behind the countries like China, South Korea and Mexico in the field of developing HDI and R&D. India has to lay a great deal of attention for improving HDI and R&D as well. A paradigm shift in the development of HDI is an emerging issue because India needs to have right attitude of the educated and working communities which hardly show any positive attitude in the development of R&D activities and HDI. Both private and public sector entities must come up to realise the fact that the R&D activities and TQM are key to accelerate the pace of economic growth by means of accepting global challenges and availing of global opportunities. Finally, Indian government must allocate substantial funds for development of R&D as well as all for continuous development of the relevant components of HDI.In this subject the author Dr. Umasankar Saha describes that enhanced value is the economic indicator significant for the stakeholders and society as a whole. The ultimate creation of wealth is not achieved to the society by means of making profit only. A comprehensive form of added value has to be created by means of deploying various scarce economic resources in the course of manufacturing activities in different industries.The author feels empirical study on net value added in the all-India manufacturing sector is an attempt to focus on the fundamental foundation of wealth generating forces is essentially function of quality of every walk of life. Next to the base of agricultural sector in India, manufacturing sector is the nerve centre of employment generation of knowledge workers as well as for a huge skilled and semiskilled labour army. For our economy, with a view to generating employment, the manufacturing sector has to grow faster than before what we achieved since independence keeping in mind the principles of socialistic pattern of society.The author started his service life as a lecturer in commerce in the Department of Commerce of Karimpur Pannadevi College, District: Nadia, West Bengal from 26-11-1982 to 02-07-1993. He served Goenka College of Commerce and Business Administration as a visiting faculty for a long period of time. He has been rendering his teaching services as an Associate Professor in the Department of Commerce, Surendranath Evening College, Kolkata-700 009 since 03-07-1993 under the University of Calcutta. The University of Calcutta awarded him Ph.D on 26-11-2002 for his empirical research works on a "A Study of the Role of Venture Capital in the Development of Software Enterprises in Calcutta."
