The first day of the IIMBue alumni event witnessed key discussions on the nuances of ‘Change’ in a resurgent India and the roadmap ahead to create a $5 trillion economy
Bengaluru, July 26, 2019: India needs new business leaders who can wear environmental concerns on their sleeves even as digitisation and adoption of new technology are taking businesses to new levels, said key speakers at the 4th edition of the two-day IIMBue, the leadership conclave of The Alumni Association of Indian Institute of Management Bangalore (IIMBAA).
The first day of the event saw business leaders, entrepreneurs and policy makers from defence, healthcare, agriculture and startups gather to talk about digital adoption, environmental sustainability and steps to positively impact businesses.
“The key leadership criteria is to lead from the front, understand critical issues affecting the society and formulate policies that go onto address concerns for the coming generations while adapting to change,” said Saif Qureishi, President, IIMBAA.
The discussions for the two-day conclave are centred around the topic, ‘Be the Change’, as most management experts, policy makers, business leaders and entrepreneurs from across the globe try to develop a shared understanding of the tectonic changes the country is experiencing in an effort to address complex leadership challenges for the future.
Dr. Devi Shetty, Chairman, Board of Governors, IIM Bangalore and Founder, Chairman and MD, Narayana Hrudayalaya, delivering the opening address, spoke about the inevitability of digitisation to advance growth and urged entrepreneurs to adopt technology irrespective of the industry domain.
Speaking on ‘how to be the change in today’s world,’ he said, “the adoption of electronic patient records by the healthcare industry is the best example of how the medical sector has adopted digitisation and how it is impacting people’s lives.”
Captain Raghu Raman, Founding CEO, National Intelligence Grid (NATGRID) delivered a session on ‘leading in a vuca ( (volatility, uncertainty, complexity and ambiguity) world.’ Using the example of how the jawans lead from the front irrespective of the life-threatening circumstances they face in military bases such as Siachen, he highlighted the true qualities of a leader and team spirit.
Ravi Venkatesan, Unicef Special Representative for Young People, Chairman, Bank of Baroda and Former Chairman of Microsoft India delivered the keynote address on ‘The Future Belongs To Those Who Can Navigate Change,’ and highlighted the importance of adaptation, especially as increase in globalisation, and digitalisation has resulted in large scale displaced employment, creating a two-tier workforce.
Bestselling Indian author Devduutt Patnayak emphasised the importance of yagna (meaning exchange) in business by adding that lack of yagna results in an increase in corruption and exploitation.
Experts also called upon the government to strengthen policies centred around the use of commercial and private drones. Speaking during the panel discussion on the theme ‘Innovation in defence technology’, Ankit Mehta, CEO and Co-founder, ideaForge, said, “The drone policy is not yet legalised as enforcement is poor in the country.”
The Second day of the conclave is expected to see more in-depth discussions by key personalities such as spiritual guide and mentor Sister Shivani who will talk about the tectonic changes in the world and how we can stay recharged and purposeful, while Rami Goldratt, CEO, Goldratt Consulting & Head will shed light on how constraints, conflicts and challenges can drive change. Sonam Wangchu, the engineer from Ladakh famously known as ‘the real-life Phunsukh Wangdu from 3 Idiots’ will talk about changing the face of education in Ladakh.
More than 800 participants, several of who are IIMB alumni from across the globe, attended the first day of the event that is being pegged as one of the leading conclaves in Southern India.
City Today News