IIM Rohtak held its first outstation management conclave in Mumbai on on the theme ‘India: A Spectrum of Opportunities’. Ravi Kant, Former Managing Director of Tata Motors and Chairman of Board of Governors of the institute, was present during the event. Kant highlighted the ever-changing consumer preferences, and the need for businesses to adapt to those changes to remain competitive.
The topic of discussion for first panel was ‘Fortune at the Bottom of the Pyramid’. Instilling values at the bottom of the pyramid is of utmost importance to bring India’s demographic dividend to fruition, said Sudha Jayashankar, Director HR, AON Global. Venugopal Vijayandren, President of Marketing and Sales, Alkem Laboratories 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 Amit Pandey, Senior Vice-President, Head Procurement, SCM, Tikona Digital.
The second panel discussed ‘Skill India: A Key for Reaping the Demographic Dividend.’ “Collaboration between institutes and industry is essential to ensure that fruits demographic dividend are reaped,” said Ronald Sequeira, Executive Director, Human Resources, GSK during the discussion. Jay Lakhani, Founder Director, Gini & Jony, underlined the need to align the HR policies in favour of employees. Sharmistha Roychoudhary, Deputy General Manager, Human Resources, DCW mentioned that India’s demographic dividend has led to a substantial shift in average age of working population of most of the organisations.
Looking Inwards
The third panel discussion was on ‘Growth of Alternative Investments in India’, where structural improvements that have led to unprecedented growth of India’s alternative investments industry were discussed. Vinod Keni, Angel Investor, Indian Angel Network; Satish KVS, Vice-President and Head Finance and Accounts, Vodafone; and Arun Poojari, Head of Supply Chain and Trade Finance, TATA Capital were among the panellists. 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 focus of the fourth panel discussion. The panel touched upon the value systems 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 industry guests.