Port Blair, Feb 9: Effective Office Administration (EOA) and Financial Management (FM) is sine-qua-non for the success of any organization in today's competitive world. Some of the important skills required for EOA can be identified as leadership qualities, communication skills, human resource management, financial management etc. In the globalised era, it has become imperative for all employees to upgrade their knowledge and skills on a regular basis to attain higher organizational as well as personal excellence. A major managerial challenge is to build a productive team and also to effectively manage and utilize available human resources so that individuals function efficiently.

In an effort to upgrade the skills of various officials from Central & State Government Departments, Academic Institutions, PSUs, etc., National Productivity Council (NPC) a national level organization under Ministry of Commerce & Industry, Government of India organizing various Residential Training Program in different locations throughout the country. Economic Services Group of NPC will be conducting two Residential Training Programs on “Effective Office Administration & Financial Management” scheduled from Feb 12-16, 2024 and Feb 19-23, 2024 at Port Blair, A & N. There will be total of 40 participants from different Ministries, Academic institutes, Corporations and various other departments in both the programs.

Shri Rajesh Sund, Director (Economic Services), NPC, who is coordinator of the program and also faculty for Financial Management has specified that these Training Programs have been conceptualized with the objective that participants will get insight into Leadership, Communication Skills, Organizational Communication and Team Performance, Roles & Responsibilities and Trends & Challenges in Office Management.

There will be sessions on Financial Decision Making regarding estimating investments and directing projects and teams. The process to the series of steps that individuals or organizations undertake to identify, evaluate, and select among different financial alternatives or options. It involves analyzing financial information, weighing the pros and cons of different choices, and making decisions that align with their overall financial goals and objectives. Participants will also enable with the use of qualitative and quantitative tools and measures to distinguish the key financial risks, valuation techniques and tools for learning & developing unique strategies, implement correctly and set financial targets.

Both the Training Programs will utilise a range of learning methodologies, including short presentations with opportunity for question & answer, exercises & case studies to develop knowledge & skills, and group discussions where participants can share.