Indian Institute of Management Indore (IIMI) completed 25 years on October 03, 2021. The institute celebrated its silver jubilee and foundation day held at the campus. The event was inaugurated by Prof Himanshu Rai, Director, IIM Indore.Alpesh Shah, Managing Partner, Managing Director and Senior Partner, The Boston Consulting Group India, was the chief guest for the occasion.
Prof Rai in his welcome address said that the ‘special secret ingredient’ that helped the institute grow over all these years is the faith in each other, trust in togetherness, and conviction and commitment to the institute. “It is right to say that wherever you go in life is not so important. The important thing is who you are with. IIM Indore is a family and we are all together,” he said. He shared that the institute focuses on constant growth and development of its participants, and now has foreign collaborations with over 40 universities in 16 nations.
“It is with this determination of ours to contribute to the city, state and nation building, that we have now taken an initiative to develop the Rau Circle. I am happy to share that the Rau Circle will now be known as the IIM Indore Circle, and I assure you that we will develop the rotary and the landscape into a state-of-the-art area,” he announced. Let us just keep up the good work and have aspiration of more. Let us not stop dreaming, let’s not settle for less and let us not let anything discourage us, he concluded.
What makes a successful institution
Alpesh Shah in his foundation day lecture congratulated IIM Indore community. He noted that the institute has progressed not only in the terms of rankings, but also in gender diversity. “IIM Indore has more than 42 per cent women and this is remarkable,” he said. He shared seven key elements for creating an institution — define your purpose, create a perfect team, persist in sustained pursuit of excellence, keep preparing, run your own race, be bold, and live the values.
“Every organisation must have a purpose and that should be embedded in every stakeholder’s vision and mission. This can be achieved with a perfect team, for a perfect team isn’t about having perfect individuals, but recognising the unique talents of every team member — to make a team perfect,” he said. Being a sports enthusiast, he shared multiple sports videos to explain how persistence and hard work helps a person succeed in life. ‘Life is a marathon and we need to prepare over and over again — to run our own race and not chase each other’, he said. He advised to always live the values- every single time, as values, morals and ethics help you become successful in life.
On this occasion, an IIM Indore special cover by the department of posts was also released to memorialise the 25 years of excellence of the institute. The special covers were revealed by Prof Himanshu Rai, chief guest Alpesh Shah, and Praveen Shrivastava, Superintendent of Post Offices, Indore Moffusil Division.
Felicitations
The media and PR committee launched the official podcast ‘The I-View’ which aims at invigorating thought leadership by leveraging the holy triumvirate of IIM Indore’s faculty, alumni and the student community. The podcast will emphasis on contextually relevant topics ranging from ethical leadership, finance, marketing, management, and many more The student-led product management club ProdLab also launched a IIM Indore campus app which helps community members, to connect, document notes and timetables, get information about the vendors on campus, sports facilities, and booking slots, and much more.
Prof Jatin Pandey and Prof Manoj Motiani who received the Best Teacher Award a cash award of ₹1 lakh each. The Best Staff Award was received by Unni KR with ₹40,000 cash prize. DDV Prasada Rao, Anand Dodawad, Nisha Rathod, Vijay Kumar, and Pravah Shukla also received a memento and a cash award of ₹30,000 each. Employees who have been associated with IIM Indore for 10 and 20 years were also felicitated which included Prof KR Jayasimha, Prof Swatantra, Unni KR and Dr Baldev Dembani. The top 5 percentile of the PGP, PGPHRM and IPM participants also received their Certificate of Academic Excellence.