IIM Raipur hosts Leadership Summit 2017

Raipur : IIM Raipur hosted the opening day of its flagship Industry Interaction event, “Leadership Summit 2017” on 23 September, 2017. The event themed ‘Leadership & Socio-Economic Prosperity’ is being hosted with 23 leading industry stalwarts sharing their experience and knowledge over a span of two days. It aims to provide a platform to the industry experts to share their perspectives and experiences which would help the students in tackling future challenges in a proficient manner.

The summit began with an introduction by Dr. Satyasiba Das, Chairman Corporate Relations IIM Raipur where he expressed his vision for the summit and how the it intends to provide the students with knowledge and expectations of the industry from experienced professionals. Another objective which he mentioned was to create awareness about industry operations and its dynamics among students. This was followed by lighting of the lamp by the dignitaries and Saraswati Vandana by the students.

Dr. Bharat Bhasker, Director IIM Raipur, then proceeded with a welcome address for the dignitaries. He elaborated on how IIM Raipur plans to nurture leadership that promotes socio-economic prosperity. IIM Raipur recently launched General Management Programme for Executives (GMPE) through which it hopes to empower the senior and mid-level managers with best leadership practices. He said, ‘GMPE is a course especially crafted for managers who wish to climb the corporate ladder more than one step at a time. The course is designed to arm the managers with a holistic managerial perspective in four nine-day modules, spanning over nine months. From the course structure to the pedagogical tools, everything has been customized to maximize learning in minimum possible time.’

The program continued with an address by the Guest of Honor Dr. A. K. Dubey, Principal, GEC Raipur who emphasized on the importance of creativity, curiosity and passion.

The event kick-started with a lecture by Mr. Anand  Bagri, Head – Domestic Market RBL Bank, on the topic ‘Global Competitiveness of Indian Financial Market’. Mr. Bagri highlighted the significance of Asset liability management and Liquidity management. He gave an interesting insight on how demonetization has caused an increase in liquidity and also gave his opinion on  the path India should to adopt to achieve growth in the next few years.

Dr. Rajeev Roy, CEO, 36Inc, Government of Chhattisgarh continued the summit with a lecture on ‘Entrepreneurial Ecosystem and Socio Economic Prosperity’. He redefined entrepreneurship by describing it as a creation and pursuit of opportunities. He also spoke about the strategies that should be adopted by startups to survive in a competitive environment. He encouraged students to contribute in developing a startup ecosystem where freedom would be appreciated.

The inaugural lectures were followed by panel discussions. The first panel discussions saw insights on the topic ‘Success of Indian Businesses: Perspectives and Challenges’ which was moderated by Mr. Sanjeev Parashar, Professor Marketing, IIM Raipur

Mr. Dev Arora, Head-Immediate Consumption, Coca Cola mentioned that the days of competition are gone and the present era focuses on cooperation. He also specified that adaptability is the key to success in today’s world.

Mr. Dinesh Tandon , DGM Sales, LT Foods highlighted that the biggest challenge a lot of organizations are facing is to acquire the right talent at the right price. He also spoke on how demonetization and GST have played a pivotal role in restructuring of the economy and is hopeful that economic recalibration will happen in the next 2-3 months

Mr. Gursimran Singh, Head Data Business, Airtel,India talked about success and described it as the ability to drive meaningful impact. He said that ’It is important to figure out the need gap and find out what enriches people’s lives’.

Mr. Sumit Sharma , COO, Lacoste spoke on how Lacoste works on a selective distribution strategy and has still not fallen into the mall bandwagon. Their emphasis is on enhancing the brand in terms of look and customer experience. Talking about the business model he said that ‘Topline of a business is the revenue, bottom line is profit but cash flow is reality’

The second panel discussion on the topic ‘Early Years of New Managers’ was moderated by Mr. Ajay Goel, Vice President, Aricent.

Mr. D V Shastry , Executive Director – HRD, GAIL (India) on a philosophical note said,”Everyone is an HR; Irrespective of your field, interaction with human beings is indispensable’. He encouraged students to learn from their failures. He emphasized on the belief that unending quest for knowledge is the key to success. Focusing on importance on having empathy he said that he wishes the future leaders of our country to lead from the front and not by dominance.

Mr. Debasish Hajra , Associate Director, PwC, India emphasized the importance of keeping an eye on the bigger picture and on usage of acumen to identify business propositions. It is important to have a role model for oneself however he urged students to focus on their individuality and consider themselves as a brand.

Mr. Jehangir R. Damkewala, Vice President Retirement Benefits, Darashaw, India spoke on two aspects ;Front end and back end fitments. He encouraged students to innovate when in front end and use their defence when in back end.

Mr. Subhrangshu Neogi, Director, Religare Enterprises Limited wants Managers to be adaptable and understand the importance of having a curious attitude. He also encouraged students to ask questions and seek help if they face any kind of issue.

The event is set to continue on 24 September, 2017 with many other esteemed industry leaders set to light up the stage with their opinions and insights on the business world. The students will look forward to further assimilate these learnings into their skillset and equip themselves better for the oncoming challenges in the industry.

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