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Business of the Month  September - October' 2001

Home Page > Business of the Month > Interview

 
 
 



 



Interview

 

Bengal group of Industries aims to be model of dynamism and efficiency in high-tech industry of Bangladesh, while performing macro responsibilities and serving the community with dedication imbued with patriotism and social justice. 

 

Riding the wheels of difficulty over the past several years Bengal group has taken a firm root, growing into, what it is today. All achievements are the rewards for the sweat, shed by a highly motivated and loyal team of professionals, working round the clock Hand in hand at Bengal group of companies.
Morshed Alam Chairman and key person of Bengal Group of Industries. In this session webbangladesh.com select him Business of the month.

Few days ago our webbangladesh correspondent took Interview on him. Here very brief of the interview we include here.   


Q. When did you start your Business?

 

M.A : I started my Business in the year 1969. There was not any good businessman in that time. But who are good in business all were non-Bengali. In yester time Ispahani, Daud, Adamji Jute Mills this were very big industry and the Pakistani manipulates those industry.

I repeatedly visited Chalk Bazzar, Khan Bazzar. There I met with a business tycoon. I always speculated one day I would be the Business tycoon. Then I decided that I would have to choose such a business thus I could be able to intimate with them very easily.    My diligent and will force always work restlessly. Crystal vision is a very important thing for a Businessman.  At the beginning Jute Mills, Lather and Tea sector was earned lots of foreign currency. Jute mills spare parts had a very good demand in that time. So I started my business career with spare parts development. Frequent constrain, business embargo, and other pressure I over came. Eventually I settled down in the Business arena.


Q. Entrepreneurship development is a very crucial factor. Why enormous numbers of entrepreneurs are not created in our country?  

 

M.A : Entrepreneurship development is a very crucial factor of a country. But we have lack of encouragement, Courage, and risk taking tendency. Morshed Alam believe “No Risk No Gain”. Entrepreneurs always have to have risk-taking tendency. Risk taking depends on some psychological factors. Every body hasn’t capacity to be a Businessmen. Businessmen are more articulate and calculative than the ordinary peoples. Finance is a very important thing to start Business. Reasons behind the small scale of entrepreneur creation are financial insolvency, Lack of courage and risk taking attitude, mental instability and unsuitable entrepreneurial environment.

 
Q. What are the current Impediments for our Business Environment?      

       

M.A : I have been facing lots of constrains during the last couple of years. Frequent power failure, gas line disruption, high volume of margin, Port delivery systems, Custom problems, Improper Business Guide lines, Bribery and corruption lubricate all government administrative authority. Corruption practices everywhere. Despite the lots of constrain I over came all obstacles and still survive in the business arena.

   

Q. How does government helps our Business Community?

 

M.A : Good governance needs law and order and its implications. We have jurisprudence and state law and order but we are not abiding by our law and it is not executed properly. Every government failed to establish it. Snatcher, and who always give mental excruciation to the others, terrorism overwhelmed in our daily life. But I am sorry to tell that our countries political leader give shelter to them. None of the government able to execute law and order.      

           

Q. Visualization is a very important thing for every Business Saga. How could you codify your vision?

 

M.A : If you have crystal vision then it will conducive for reach your ultimate goal. Vision should be crystal and transparent, other wise it will not execute properly. I have vision and adamancy that’s why I came in this stage. Will force and fully dedication towards the job is a very important thing to be a business saga. When I started business I just sort out the gap. I found plastic products have very good demand in the market. Instantly I took decision and go for plastic products industry establishment. I started my business with one machine but gradually I increase the volume of machine and go for diversification.

 

Q. Tell something about future generation?

 

M.A : Only 1-2% students can engaged in Business profession. But rest of the students enthusiastic about job. Our young generation has risk-avoiding tendency. But I think all brilliant students must come in Business Profession. If government regulatory bodies impose some law and order and give financial assistance they will do better in their profession.


Q. Political unrest jeopardizes our Business? If you are the paramount position in our country. What types of punitive action at first you take?

 

M.A : If I could be the paramount position in our country, immediately I will take some punitive action. Population problem severely attacked in our country. It is one of the main causes for every problem. At first I take some necessary steps for the reduction of population. If population is under control then every thing will be solved automatically.

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