19 Days to Go
19 Days to Go
November 29, 2015
Indian Institute of Management, Kashipur organised the second day of the Leadership Conclave 2015 The event was sponsored by ICICI Bank and partnered by Reliance Industries Limited. It has caught the imagination of the corporate world as top leaders from companies like IBM, Reliance Industries Limited, ICICI Prudential, ABP News, Aramex International, JK Tyre & Industries Limited, Eveready Industries Limited and Wockhardt Limited, to name a few, made their presence felt.
Day 2 carried forward the enthusiasm that was set on the first day. The day began with a student’s presentation highlighting the achievements of IIM Kashipur and a video showcasing “Journey at IIM Kashipur” was played. Mr. TK Srirang, Head-HR, ICICI Bank sent an inspiring video message for the students, highlighting the exemplary work being performed by the students of IIM Kashipur in their esteemed bank.
The event was divided in to two different panel discussions. The first discussion was on the theme, “The Start Up culture”. Mr. Aniruddha Deshmukh MD and CEO, Mafatlal Industries Ltd, presented the key note speech. He emphasised on the bonding that exists amongst the stakeholders in a startup organisation and the motivation that leads people to leave the cushion of a high paying job to seek thrills and create value in a start up company. The keynote speech was followed by panel discussion which was moderated by Prof Rajat Sharma, and it comprised of Mr. Prem Singh, President – Global HR , Wockhardt Ltd, Mr. Anirudh Tripathy :- Managing Director , KPM Assets, Mr. B. Venkataramana:- President – Group HR , Landmark Group and Mr. Sanjay Bhargava :- Managing Director, Samara Capital. The panel concluded that the start up culture is on the rise as more and more people and intrigued by it and the phenomenal value it provides to them. The entire eco-system has developed and is adept to nurture these start ups.
Mr Kamal Singh, Director General, National Human Resource Development Network delivered a keynote speech on his experiences related to industry and academic collaboration.
The speech was followed by a panel discussion. The panel comprised of Mr. Vikram Singh :- Commercial Manager – Purification , Johnson Matthey, Mr. Abhijit Sengupta, Eveready Industries, and Mr. Ravi Arora :- Managing Director , KPM Assets. The panellists discussed how the business environment in India has been transformed by economic reforms allowing globalization and Foreign Direct Investment. This evolved environment has put up some debatable questions like should the best global practices be borrowed or relevant practices be developed; Are the best practices universal around the globe; can business practices from the west be replicable in India?
The closing remarks were presented by Professor Somnath Ghosh, Dean (Academics) and Professor Gautam Sinha, Director IIM Kashipur. A vote of thanks was delivered by Professor Abinash Panda. The conclave left a big impressions and left students asking for more. It was a very enriching experience for the students and we look forward to the next edition.
November 28, 2015
Indian Institute of Management Kashipur started the two day conference by launching its flagship event-“Leadership Conclave 2015”. The event is sponsored by ICICI Bank and partnered by Reliance Industries Limited. It has caught the imagination of the corporate world as top leaders from companies like IBM, Reliance Industries Limited, ICICI Prudential, ABP News, Aramex International, JK Tyre & Industries Limited, Eveready Industries Limited and Wockhardt Limited, to name a few, made their presence felt.
Director Prof Gautam Sinha along with the esteemed guests for the day inaugurated the conclave by the lighting of the lamp. In his welcome speech, Prof Gautam Sinha emphasised on the need to bridge the gap between academia and industry in today’s competitive world. This was followed by student presentation highlighting the achievements of IIM Kashipur and then video showcasing “Journey at IIM Kashipur” was played. Mr. T. K Srirang, Head-HR, ICICI Bank sent an inspiring video message for the students, highlighting the exemplary work being performed by the alumni of IIM Kashipur in their esteemed bank.
The event was divided in to three different panel discussions. The first discussion was on the theme, “From Agenda to Action-Meeting New Expectations”. Mr. Satyakki Bhatacharjee, Head HR, ABP News, presented the key note speech. He emphasised that action should not be limited to management; it should be extended to the individuals. He asked the students to develop risk appetite and set a career for themselves instead of becoming job seekers. The keynote speech was followed by panel discussion which was moderated by Prof Kampan Mukherjee, and it comprised of Mr. Rajiv Pal, AVP Marketing, Reliance Industries Limited, Mr. Anurag Goel ,Retired IAS Officer, Mr. Vijay Deshpande, VP & Head Human Resource , JK Tyre & Industries Limited.
The second discussion was held on the topic “Role of Technology in Today’s Corporate World” which began with a key note speech by Mr. Srijnan Sanyal, Head Strategy & Delivery, Asia Pacific, IBM. The panel comprised of Mr Manoj Gupta,VP Sales(Uttarakhand Region), ICICI Prudential Life Insurance, Mr Utpal Isser,ICICI Bank, Mr. Sanjay Dave,VP- HR Industrial Relations , Reliance Industries Limited,Ms. Dipti Das, Regional Manager HR – South Asia , Aramex International and was moderated by Prof Probir Bannerjee. The panellists discussed how technology has forced industry to rethink the way they have been traditionally doing business. Simultaneously, it is also forcing leaders to one-tune the way they manage and lead, and thereby, adapting to the new realities.
The third panel discussion was held on the topic “Boundary Spanning- How B-Schools Should Look Beyond Functional Leaders” which began with a key note speech by Prof Abinash Panda, IIM Kashipur. The panel comprised of Mr. Gitan Shah,Banking and Capital Markets, Mphasis, Mr. Santanu Ghoshal, Vice President – HR , Schaeffler India, Mr. Vishal Dewan, VP North Zone, ABB India Ltd. and was moderated by Prof Abinash Panda. The discussion was focussed on the key challenge for a leader in India is to manage multi-cultural workforce. They also discussed about the challenge of managing the conøict arising out of cultural schism. The panellists concluded that the challenge for any leader is to close this schism and bridge the boundaries across cultural groups. The need for such leadership is no longer a choice.
The first day of the conclave culminated with the felicitation ceremony for partners in progress and a mesmerising Bharatnatyam performance by Ragini Chandrashekhar organised by SPIC Macay.
Should Indian organizations borrow best practices or develop relevant practices?:- Globalization, technology, economic liberalization and economic reforms and policies allowing foreign direct investment (FDI) in Indian enterprises have tremendously changed the business environment in India. And given India’s dynamic business environment and Indian business styles being based upon long-term, vis-a-vis short term, priorities in the context of several cultural and functional dimensions the question of the hour is that What is important: Going by the best practice rule or developing relevant practices in alignment with the Indian scenario of demographic, economic, socio-cultural factors. Are the best practices universal around the globe? Can the best practices of one industry in western nations simply followed in India to get the desired results? If the practices are not universal then what can be followed and what can be discarded ?
Fading boundaries between industries : Across ages, the focus has been fixed on developing the various specialisations at work and as a result, the distinct spheres of management have grown so apart from each-other, that, a specialist in one zone doesn’t care about the other zone. But, the dynamic times are changing again and it’s of supreme importance that we connect the integral parts of management with each-other again to draw a wholesome picture and thus reach the best results. It’s imperious that we spare a thought to the existing delicate boundaries amongst the prevalent industries to dissolve them further. The theme of Leadership Conclave 2015, is “The fading boundaries across industries: How can the B-schools adapt?”
The B-schools aim to impart a holistic learning to the students, therefore building a strong foundation and cover the basics in all the spheres. A student can certainly make better decisions about his specialisation after studying and interpreting the nuisances of a particular area and matching them with the varied interests he has developed over the time. The key is to keep the options open and learn as much in different sectors as at some point in a successful career, after moving up the corporate ladder, an individual is required to execute the functions which he hasn’t performed for a while. He did attain a basic knowledge during his management education but the need to learn more about them has arisen at this critical juncture. Does he go back to brush up the basics once again, or can he take certain small steps through-out his career?
The more important choice is the diversely available backgrounds that a corporate can choose from, to fill up it’s ranks and offer the top management jobs to a candidate irrespective of his work experience specialisation. There is absolutely no reason why a CEO from a manufacturing concern, with proven qualities will not fit well into an Ecommerce team. More and more companies are aware of this new trend catching up we believe that someday soon, the boundaries will cease to exist and the corporates will be free to hunt down the CEOs from any background previously. Will this be a trend at the top management level only or does it have the momentum to trickle down and be effective at the middle level and lower level management subsequently?
Have you ever wondered what it will be like to quiz at some of the unimaginable locales possible? Have you ever thought about the idea of quizzing in the midst of a jungle?
Yes, you heard it right!
A quiz in the middle of a jungle!
Quest, the Quiz Club of IIM Kashipur presents ‘Rumble in the Jungle’, an open General Quiz in Palm Groves, Kashipur onDecember 19th, 2015 (Saturday).
Mohammad Ali and George Foreman gave us a fight to remember in the jungles of Zaire. We will present you a quiz to remember in the jungles of Jim Corbett.
‘Rumble in the Jungle’ is the flagship quiz event of Quest – the quiz club of IIM Kashipur. In its 2nd edition this year, RITJ promises to be an exciting affair with cash prizes worth Rs.1 lakh up for grabs.
From Agenda to Action: Meeting New Expectations – With the new government at the center which is business friendly and its various initiatives like “Make in India” and “Digital India”, slowly we are moving from dreams to implementation and India is at the cusp of rapid growth. In this context how should management institutes mold their students and prepare them for the various challenges?
The role of technology in today’s corporate world: Technology is bringing about transformational changes in the way businesses are being run. This puts serious challenge in front of conventional leaders to change their traditional management styles and pushes them to adapt to these sweeping and often disruptive changes. The burning question is how leaders, organizations and institutions can align themselves along the direction of these changes. Information technology is a modern phenomenon that has dramatically changed the daily lives of individuals and businesses throughout the world. Information technologies (IT) are vital to Company operations and leveraging information technology for business success is a key to survival in the modern business world. Developing a business strategy with an IT component that is aligned with business objectives, and is supported by sound business justification, will enable organizations to improve performance, increase productivity, and serve customers more effectively. It will also help mitigate the risks involved with technology decisions.
The Start Up Culture: The insecurity infused by the 2008-09 crisis made the aspirational workforce consider alternate career choices which led to the emergence of start-up culture in India. With success stories in the likes of Flipkart and Snapdeal and a supportive government, this culture can change the face of the Indian Economy. What more can the government do and how will Indian organisations adapt to this culture?
Leadership Conclave is the flagship event of IIM Kashipur. The objective of the event is to provide a platform for academia and the industry to interact and discuss the most pressing issues facing both parties today. The conclave aims to foster long term maximally productive relationships between the industry and the institute. It has often been lamented by industry stalwarts that the current academic system is woefully outdated when it comes to keeping up with industry requirements.
This is especially problematic in an economic environment which is in flux and is marked by turbulence and ambiguity. The uncertainty coupled with disruptive technological changes happening today, increases costs to companies in the form of additional training expenses for new hires in an environment where efficiency in resource utilization is a necessity.
Thus there is a pressing need for academic institutions to keep up with industry needs. This is not possible without a continuous feedback loop where the industry provides inputs to academic institutions regarding their requirements, perceptions and evaluations of the prevailing business environment. This is essential to understand and appreciate the challenges being faced by both parties and to provide a roadmap for the same.
The conclave is an attempt in that direction wherein presentations and discussions on several themes are featured and solutions to common goals are put forward with students being active participants in the process. The conclave concludes with recommendations as reflected in the deliberations