A seminar on “Sustainability of Firm Managers in Economic preferences” was held on 10th January, 2017 organized by Dhaka School of Economics. Chief guest of the Program was Prof. Dr. Afzal Rahim , distinguished Professor of Western Kentucky University, USA. The session was chaired by Prof. Qazi Saleh Ahmed, Visiting Professor of Dhaka School of Economics.
Prof. Dr. Afzal Rahim told that sustainability refers to the linkage between a person’s value system and different perspectives on sustainability with regard to economical issues .He argued that the relations between conceptual understandings of sustainability and economic preferences should work both complementary as well as substitution manner. The importance of socio-economic context is playing a major role in determining pricing mechanisms, which is taken into account. Introducing a real framework to explore all of these relations, and all relate to leadership are needed for economic benefits of the country. Potential implications for further research and economical education especially in the applied area like environment, sustainability, development, management, financial structure are important as noted by the Prof. Rahim. He also opined that a leader has to be a visionary and should be able to win the faith of all stake holders in good times and bad times.
• The first essential trait of leadership is positive energy — the capacity to go-go-go with healthy vigor and an upbeat attitude through good times and bad.
• The second is the ability to energize others, releasing their positive energy, to take any hill.
• The third trait is edge — the ability to make tough calls, to say yes or no, not maybe.
• The fourth trait is the talent to execute — very simply, get things done.
• Fifth and finally, leaders have passion. They care deeply. They sweat; they believe.
Prof. Qazi Saleh Ahmed commented that without proper judgment and forecasting -firm managers can not able to prove their worthiness.
Prof. Dr. Muhammad Mahboob Ali argued that strategic leadership helps to attain marginal social benefit will be higher than marginal social cost.
Dr.Md.Nazrul Islam discussed on the globalization and its economic change in different dynamics of the country.Dr.Tawhid Reza Noor argued that firm managers should take active role of leadership in the development structure.
