XN000022-1987-11-26 — Page 4

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THURSDAY, NOVEMBER 25, 1987

THAT

ON HIS RECENT VISIT SIR DAVID SAID HE TOLD PEOPLE

TO THE THE HISTORY OF HONG KONG WAS ONE UNITED STATES

OF BEING AND BOUNCING BACK AGAIN CONFRONTED WITH ADVERSITY, FACING UP TO IT STRONGER AND MORE VIGOROUS THAN BEFORE.

"I AM CONFIDENT THAT THIS WILL BE TRUE AGAIN ON THIS OCCASION, HE SAID.

TURNING TO THE QUALITY OF MANAGEMENT, SIR DAVID THIS WOULD BE A CRITICAL FACTOR IN FUTURE.

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STRESSED THAT

TO

"SINCE THE WORLD'S ECONOMIES, INCLUDING OUR OWN, ARE LIKELY

HONG KONG'S INDUSTRY BE AFFECTED, IT IS ALL THE MORE IMPORTANT THAT

** HE SAID. SHOULD BE EFFICIENTLY AND PRODUCTIVELY RUN,

14 SIR DAVID SAID.

"THE YEARS AHEAD WILL BE YEARS OF CHANGE,'

"INDUSTRY WILL MOVE AWAY FROM LOW TECHNOLOGY, LABOUR METHODS TO THOSE INVOLVING HIGHER LEVELS OF TECHNOLOGY LESS ON LARGE NUMBERS OF RELATIVELY UNSKILLED WORKERS.

INTENSIVE AND RELYING

"THE QUEST FOR

HIGHER PRODUCTIVITY

MUST CONTINUE.

AND IMPROVED EFFICIENCY

WAY WILL WE

BE ABLE TO

THE RETAIN ENSURE THAT OUR PRESENT

"ONLY IN THIS COMPETITIVENESS OF OUR INDUSTRIAL BASE AND PROSPERITY WILL CONTINUE,"

WOULD TRANSITION

BE THE RATHER THAN MERELY

HE POINTED OUT THAT ONE KEY TO THIS ABILITY OF MANAGEMENT TO ANTICIPATE DEVELOPMENTS REACT TO THEM.

SIR DAVID SAID THE GOVERNMENT ATTACHED GREAT IMPORTANCE TO THE ASSOCIATION TO PROMOTE THE WORK DONE BY THE HONG KONG MANAGEMENT

ADDING THAT MANAGEMENT, AND EFFECTIVENESS OF EFFICIENCY

ELEMENT IN ASSOCIATION'S ROLE WOULD CONTINUE TO BE AN IMPORTANT EFFORTS TO ADAPT TO A CHANGING WORLD.

THE

THE

"GOOD MANAGEMENT IN INDUSTRY AND COMMERCE, AS WELL

THE PUBLIC SERVICE, IS ESSENTIAL IF WE ARE TO MAXIMISE HONG KONG AND ITS PEOPLE, HE SAID.

AS IN POTENTIAL

THE

OF

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