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BMW India chief: Incremental gains not enough in current environment
BMW India chief Thomas Dose told business leaders incremental gains are not enough. Companies must learn to turn the ship around, he said at MMA's 70th AGM.
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Thomas Dose, Managing Director of BMW Group Plant Chennai, told a gathering of business leaders on Friday that incremental improvement is no longer sufficient in the current operating environment. Companies need to learn how to turn the ship around, he said.
The best skill for that is simplicity, Dose said at the Platinum Jubilee Annual General Meeting of the Madras Management Association (MMA) in Chennai. Do not overcomplicate the task, he added. He also advised first-generation business owners to find ways to pass the founder's spirit to the next generation.