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Right and timely decision making, moderating policies vital for development

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President Dr Arif Alvi said on Tuesday that right and timely decision-making, honest and quality leadership and continuous improvement and moderation of policies to keep them relevant to continuously changing technological and business factors were vital for the country’s accelerated growth and development.

The president expressed these views while addressing the inauguration ceremony of the Pakistan Chemical Expo: 2022 organized by the Pakistan Chemical Manufacturers Association (PCMA) here at Expo Center.

Addressing the ceremony, the president said that exponential changes were happening in the field of science and technology, but unfortunately, the decision-makers in the government and private sector were not fully geared to align themselves with the continuous and rapid improvements and developments being introduced in business, industrial, agriculture and services sectors.

He said that all branches of science like Chemistry, Physics, Biology and others converged during research and development to produce high-tech, high-value and optimally-tuned products in almost all sectors. He added that this necessitated the transformation of entire decision-making and implementation mechanisms of a country to adopt and implement new and ultramodern Artificial intelligence and Big Data based products and services on regular basis to remain relevant to the ever-changing market and business requirements. —APP

 

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