Self-introspection has solution to all problems: Dr Subhash Chandra

Source: The Hitavada      Date: 19 Apr 2018 10:31:47


Business Bureau,

IIM-Nagpur holds second convocation

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WEDNESDAY was a memorable day for 53 management students receiving degrees at the 2nd Convocation of Indian Institute of Management (IIM), Nagpur. On their big day, they got important management lessons from some distinguished gentlemen from the industry that will hold the graduates in good stead in their future life.

Chief guest on the occasion was Dr Subhash Chandra, MP and Chairman of Essel and Zee Group; D Shivkumar, Group Executive President Corporate Strategy and Business Development Aditya Birla Group, Prof Errol D’Souza, Professor of Economics and Director of the Indian Institute of Management, Ahmedabad were the guests of honour.
C P Gurnani, CEO and Managing Director, Tech Mahindra and Chairman, Board of Governors, IIM Nagpur; Prof L S Murty, Director, IIM Nagpur also were present on the occasion.

In his address, Dr Subash Chandra advised the professionals to have full confidence in themselves and pursue goals with conviction.

“Everyone is born with talent. One must identify one’s talent by thinking, relating and pursuing it. Thinking about past will give you regrets, thinking about the future will worry you. Live in the present. Keep talking to yourself. Self-introspection has solution to all problems,” Dr Chandra said.
In his keynote address D Shivkumar said, “Confusion has two good options. It develops clarity of thought and brings new information at the speed of light.”

Elaborating the topic of his speech ‘Confusion and Conviction’, he said, “The whole world is confused about change. Many predictions and forecast have gone awry. There is confusion about the speed of change and the direction of change. We are unable to classify information as black or white. We seem to have a lot of data but are not able to distil the data into actionable insights,” he said.

Shivakumar added that no industry was immune to the digital Tsunami. “The size of a company is a guarantee of nothing in today’s world. Many large companies that were classified as ‘too big to fail’ have failed in the last decade. As you enter this world, you will seek clarity and conviction amidst confusion. You will have your own doubts and wisdom of sight.”

Shivakumar suggested the professionals to prepare themselves for the next five years and not to worry about the next 20. “Take life in blocks of five years”, he said. Talking about recognition at the job, he said, “The only way to get noticed in the first two or three years at work is through high quality work. Any other way of being noticed or talked about is not valuable.”

“You need to work with different types of people, you are answerable to many, you have to be on time and you have to be part of the organisation,” Shivakumar summed up with his mantra ‘Resolve the confusion with conviction’.
Prof Errol D’Souza advised the managers to be a trade horse and balance personal and professional life while explaining between bias, prejudice and privilege.
C P Gurnani said, “You make the choices and the choices make you. Your life is a collective manifestation of the choices you make.”

In his annual report Prof L S Murty said, IIM Nagpur had the providence of having the foundation stone for the permanent campus at MIHAN laid by the Prime Minister Narendra Modi. The Ministry of HRD has appointed four members to IIM-Nagpur Board of Governors – Prof R Vaidyanathan, Dr Preetha Reddy, Smita Waingankar and Vaibhav Dange. In addition, the Board also appointed two nominees – Sindhushree Khullar and Puneet Pushkarna. The much-debated and long-awaited IIM Act, 2017 has come into force with effect from January 31, 2018 making IIMs institutes of national importance with a view to empower these institutions to attain standards of global excellence in management, management research and allied areas of knowledge and to provide for certain other matters connected therewith or incidental thereto.

Prof Murty said, IIM Nagpur is taking steady steps to stand by itself. Degrees were conferred upon 53 graduating students. CA Rishabh Jain bagged the gold medal for scholastic performance. Bathuloor Yeshwanth, a BTech in Electronics and Telecommunication, bagged gold medal for best all-round performance. Justin Fernandez, a BTech in Mechanical Engineering, will be joining Value Labs as Associate Director in Sales and Marketing with highest package.