IIM Rohtak organized its maiden outstation management conclave at Mirador Hotel in Mumbai on 7th May, 2016. The theme of the event was ‘India: A Spectrum of Opportunities’. The intriguing topic led to enriching discussions. The event witnessed the presence of stalwarts from the bellwethers of the respective industries.
The event was flagged off by Dr Atanu Rakshit, Director, IIM Rohtak. In his welcome address, Dr Raksit mentioned how IIM Rohtak is committed to its mission of not just readying young managers, but building business leaders equipped with skills to face varied challenges in business organizations. He also underlined the institute’s focus on contributing to research in the field of management.
The event witnesses the presence by chairman of Board of Governors of the institute, Mr Ravi Kant, former managing director, Tata Motors. Mr Kant, in his keynote address, highlighted the ever changing consumer preferences, and the need for businesses to adapt to those changes to remain competitive.
The first panel discussed on the topic ‘Fortune at the Bottom of the Pyramid’. Ms Sudha Jayashankar, Director HR, AON Global, said that instilling values at the bottom of the pyramid is of utmost importance to bring India’s demographic dividend to fruition. Mr. Venugopal Vijayandren, President of Marketing and Sales, Alkem laboratories Ltd., mentioned that accessibility, affordability, and availability of the products are essential to cater to the ever increasing aspirations of the lower sections of the country. “The digital divide needs to be bridged for companies to reap benefits off the opportunity available in hitherto untapped hinterlands of the country”, said Mr. Amit Pandey, Senior Vice President Head Procurement SCM, Tikona Digital. Mr. Mukesh Savlani VP Sales & Marketing, Welspun Global Brand and Mr. Mudit Bhatnagar, Vice President Head Marketing & Corporate Communications, ITZ Cash, and Mr Mr. Sandeep Ranade, Deputy Managing Director, Millward Brown highlighted the need to develop robust distribution systems and financial inclusion models to cater to the bottom of the pyramid for the greater good of the society.
The second panel discussed on the topic ‘Skill India: A Key for Reaping the Demographic Dividend.’ Mr. Ronald Sequeira, Executive Director Human Resources, GSK said, “Collaboration between institutes and industry is essential to ensure that fruits demographic dividend are reaped.” Mr. Jay Lakhani, Founder Director, Gini & Jony, underlined the need to align the HR policies in favour of employees. Ms. Sharmistha Roychoudhary, Dy General Manager Human Resources, DCW Limited, mentioned that India’s demographic dividend has led to a substantial shift in average age of working population of most of the organisations.
The third panel discussion revolved around the topic ‘Growth of Alternative Investments in India’. Mr. Vinod Keni, Angel Investor, Indian Angel Network, Mr. Satish KVS, Vice President and Head Finance and Accounts, Vodafone, Mr. Arun Poojari, Head of Supply Chain and Trade Finance, TATA Capital were among the esteemed panelists among others. The panel discussed about the structural improvements that has led to unprecedented growth of India’s alternative investments industry. The panel also reflected upon steps that the industry should take to ensure the expansion in terms of product offerings and penetration.
“Indian Culture: A Strategic Business Advantage’ was the centerpiece of the fourth panel discussion.India, Mr. Sanjay Bose, Vice President Human Resources & Operations, Taj Hotels, Mr. Anupam Hans, Vice President & Group Head Talent Acquisition, Edelweiss, Mr. Ajay Bakshi, Director Human Resources, Vodafone, and Mr. Suresh Kumar, Senior Vice President- Mafatlal Industries Ltd., Mr. Ashwani Dahiya, Senior Vice President and Group Head Human Resources, Reliance Industries Ltd. were amongst the esteemed panelists. The panel touched upon the value system inherent in Indian culture as an invaluable resource for the organisations. The benefits of diversity and integrity of Indian culture was the cornerstone of the discussion.
The conclave was attended by the faculty, students, alumni and other distinguished guests from the industry. The discussions of the day were thought-provoking, and brought the purpose of the conclave to fruition. The conclave was concluded with a vote of thanks by the director of the institute.