Review of Management

THE Planning Commission is understandably anxious to avoid being accused of leading industries up the garden path again and is substituting 'Indications" for "targets". It is also understandable that those launching on industrial ventures should be more anxious than in the past to find out for themselves, through expertise or intuition, what prospects face their own ventures and the industries they are about to enter. Between the guidelines provided by the Planning Commission and the efforts of individual companies there, how-ever, remains a wide gap which needs to be filled in by economic research and forecasting conducted on a wider canvas than the individual company's, and yet more flexible and sensitive to changing business conditions than the Planning Commission's time-bound exercises can possibly be. This is a gap for specialised, non-official research agencies to fill.