The new DNA is now taking shape! Management educators from across the country as well as abroad converged at the second edition of Indian Management Conclave to start the process for designing the new DNA for management education of the country. Held on August 11-12, 2011 in New Delhi under the theme ‘Building a Great B School – The New DNA’ the two day conclave witnessed participation of more than 500 delegates, 40+ eminent speakers from academia and the corporate.
The Conclave witnessed sharing of new learnings by leading B schools like IIMs, ISB, Great Lakes, IMT, IMI, XLRI and many other institutions of repute. The aim was to design the new DNA for management education in India by thinking over the challenges and the opportunities.
The conclave was declared a grand success as it successfully provided the platform to all management education stakeholders to think together on the new DNA for India’s management education sector.
While speaking to the gathering of VCs, Directors, Deans the Chief Guest Shri. Oscar Fernandez, Hon’ble Member of Parliament, Rajya Sabha and Chairman, Committee on HRD, Government of India urged the management education fraternity to get united to counter the various challenges that are being faced by the country.
Mr. Fernandes said, "The entire world is looking at India for their knowledge needs. We have several advantages. We have size, we have talent and we have ambition. India has a big role to play. For the proper performance of this role there is a need to counter some challenges. At the forefront is the challenge of education for all. With only 12% people going to colleges the road ahead is full of challenges."
The Keynote Address of the Indian Management Conclave 2011 saw Dr. Srikant M. Datar, Arthur Lowes Dickinson Professor of Accounting at Harvard University & Author of 'Rethinking the MBA: Business Education at a crossroad' deliver the special address on the topic 'Rethinking the MBA Curriculum in Indian context' on the Day 1 of the Conclave, Thursday, August 11, 2011. "Even though the crisis hour is yet to come, the difficult hour has already arrived and we need to be prepared for it," said Dr. Datar.
The conclave also witnessed special address by Dr. Pritam Singh, Director General, IMI and Dr. Bibek Banerjee, Director and Academic Mentor, IMT Ghaziabad.
Dr. Pritam Singh said, "Knowledge symbolises light. For 40 years we were looking at West for light, but now the Sun has again started to shine from the East. The West is now looking at East for knowledge. India has several advantages. One of them is demography. By 2040 our country will have 65% working population. India will become the hub for those searching for manpower. This is the time to capture the entire world through our power of mind. The B schools need to act on this and build the power of mind."
One of the major highlights of the Conclave 2011 was the panel discussion in which the Director of the new IIMs – IIM Rohtak and IIM Ranchi - shared their roadmap for the future. The Directors -- IIM Ranchi Director Dr. MJ Xavier & IIM Rohtak Director Dr. P Rameshan -- said that the new IIMs are trying their best to add as well as alter the existing DNA of IIMs for their future growth. “We want to go ahead and adopt latest education technologies to form a modern gurukul,” said Dr. MJ Xavier, Director, IIM Ranchi.
Dr. Bibek Banerjee, Director and Academic Mentor, IMT Ghaziabad in his speech urged the B schools to balance Market Driven approach with Market Driving approach. "The innovations at B schools should be designed in collaboration with the industry," he said.
The Day 2 of the conclave witnessed special address by Dr. Lu Wei, Associate Dean, Antai College of Economics and Management, Shanghai Jiaotong University, China. "The B schools in Asia should no more be looking towards the West for developing their education models. With China and India going strong there is need for strengthening our collaboration in management education domain. This is the Asian century and we should utilise our advantages for the benefit of both the countries," said Dr. Wei.
Another key highlight of the conclave was the Valedictory Address by Mr. Dilip Chenoy, MD & CEO, National Skill Development Corporation. Mr. Chenoy urged the B schools to move towards a competence based learning.
Dr. Rajan Saxena, Vice Chancellor, NMIMS Mumbai also gave a highly experienced speech. He said, ““Among several challenges that management schools today face is that of governance. Over a period of time several reports on management education in India have pointed to the lack of mere absence of governance in the institutions. Consequently the quality of education has suffered when we talk of the governance. One has to focus on not just Boards autonomy to take the decision but equally on faculty led governance. The question here is how to ensure autonomy and accountability simultaneously.”
Dr. H Chaturvedi, Alt President, EPSI & Director, BIMTECH also shared his insights on bringing change at Conclave 2011. He said, “Collaboration is the keyword, if B schools wish to survive in today’s cut throat market conditions. We don’t only need to collaborate within the borders of our country but also beyond our border. The B schools which do not collaborate will have to perish. Collaboration is a continuous process.”
Some of the topics which were discussed at Conclave 2011 were: Developing a Policy framework that fosters excellence & innovation in Indian management education; New IIMs: Leveraging the legacy, or creating a new DNA?; Governance Model for Great B-school; Great B-school from the Corporate Lens; Discovering the New DNA: Lessons from IT/ITES sector; Changing face of Business: How B-schools need to adapt; Challenges of setting up a New campus; Beyond Classroom Learning; Building an Academic Brand: Branding Challenges for a B-school; Building a Great B-schools: Engaging with Corporate India for a win-win – the expectations and approaches.
Some of the other eminent speakers at the Conclave 2011 were: Mr. K Ramkumar, Executive Director, ICICI Bank; Dr. Bala Balachandran, Founder and Dean of Great Lakes, Chennai; Dr. M. Rammohan Rao, Professor & Dean Emeritus, ISB Hyderabad; Fr. E Abraham SJ, Director, XLRI Jamshedpur; Ms. Savita Mahajan, Deputy Dean, ISB Hyderabad & CEO, ISB Mohali Campus; Dr. Eileen Peacock, Vice President & Chief Officer, Asia of AACSB International; Dr. JD Singh, Director General, Jaipuria Group of Institutes; Dr Ashok Kolaskar, Vice Chancellor, KIIT University; Dr. Rajendra Nargundkar, Director, IMT Nagpur; Dr. Sesha Iyer, Director, SPJIMR; Dr V Panduranga Rao, Director, IMT Hyderabad; Dr. Bhimaraya Metri, Dean, Strathclyde SKIL Business School; Dr. AM Sherry, Director, IMT- Center for Distance Learning; Mr. Balvinder Singh Kalsi, CEO & MD, DU Pont India; Dr. Ganesh Natarajan, Vice Chairman and CEO, Zensar Technologies.
The IMC 2011 conclave was partnered by India’s top knowledge companies and educational institutions and media firms. These are: Strategic Partner: Institute of Management Technology (IMT) Group; B-school Partner-NMIMS, BIMTECH; Corporate Sponsor-IBM; University Partner-Symbiosis International University, KIIT University’s School of Management; Associate B-School Partners- Strathclyde SKIL Business School, Educomp Raffles Higher Education Ltd, AKGIM Ghaziabad; Research Publishing Partner-Emerald Group Publishing Limited; Knowledge Partners-McGraw-Hill Education, Harvard Business Publishing; Technology Partner-SunGard Higher Education; Print Media Partner-MINT; Television Media Partner-CNBC TV 18.
The Conclave witnessed sharing of new learnings by leading B schools like IIMs, ISB, Great Lakes, IMT, IMI, XLRI and many other institutions of repute. The aim was to design the new DNA for management education in India by thinking over the challenges and the opportunities.
The conclave was declared a grand success as it successfully provided the platform to all management education stakeholders to think together on the new DNA for India’s management education sector.
While speaking to the gathering of VCs, Directors, Deans the Chief Guest Shri. Oscar Fernandez, Hon’ble Member of Parliament, Rajya Sabha and Chairman, Committee on HRD, Government of India urged the management education fraternity to get united to counter the various challenges that are being faced by the country.
Mr. Fernandes said, "The entire world is looking at India for their knowledge needs. We have several advantages. We have size, we have talent and we have ambition. India has a big role to play. For the proper performance of this role there is a need to counter some challenges. At the forefront is the challenge of education for all. With only 12% people going to colleges the road ahead is full of challenges."
The Keynote Address of the Indian Management Conclave 2011 saw Dr. Srikant M. Datar, Arthur Lowes Dickinson Professor of Accounting at Harvard University & Author of 'Rethinking the MBA: Business Education at a crossroad' deliver the special address on the topic 'Rethinking the MBA Curriculum in Indian context' on the Day 1 of the Conclave, Thursday, August 11, 2011. "Even though the crisis hour is yet to come, the difficult hour has already arrived and we need to be prepared for it," said Dr. Datar.
The conclave also witnessed special address by Dr. Pritam Singh, Director General, IMI and Dr. Bibek Banerjee, Director and Academic Mentor, IMT Ghaziabad.
Dr. Pritam Singh said, "Knowledge symbolises light. For 40 years we were looking at West for light, but now the Sun has again started to shine from the East. The West is now looking at East for knowledge. India has several advantages. One of them is demography. By 2040 our country will have 65% working population. India will become the hub for those searching for manpower. This is the time to capture the entire world through our power of mind. The B schools need to act on this and build the power of mind."
One of the major highlights of the Conclave 2011 was the panel discussion in which the Director of the new IIMs – IIM Rohtak and IIM Ranchi - shared their roadmap for the future. The Directors -- IIM Ranchi Director Dr. MJ Xavier & IIM Rohtak Director Dr. P Rameshan -- said that the new IIMs are trying their best to add as well as alter the existing DNA of IIMs for their future growth. “We want to go ahead and adopt latest education technologies to form a modern gurukul,” said Dr. MJ Xavier, Director, IIM Ranchi.
Dr. Bibek Banerjee, Director and Academic Mentor, IMT Ghaziabad in his speech urged the B schools to balance Market Driven approach with Market Driving approach. "The innovations at B schools should be designed in collaboration with the industry," he said.
The Day 2 of the conclave witnessed special address by Dr. Lu Wei, Associate Dean, Antai College of Economics and Management, Shanghai Jiaotong University, China. "The B schools in Asia should no more be looking towards the West for developing their education models. With China and India going strong there is need for strengthening our collaboration in management education domain. This is the Asian century and we should utilise our advantages for the benefit of both the countries," said Dr. Wei.
Another key highlight of the conclave was the Valedictory Address by Mr. Dilip Chenoy, MD & CEO, National Skill Development Corporation. Mr. Chenoy urged the B schools to move towards a competence based learning.
Dr. Rajan Saxena, Vice Chancellor, NMIMS Mumbai also gave a highly experienced speech. He said, ““Among several challenges that management schools today face is that of governance. Over a period of time several reports on management education in India have pointed to the lack of mere absence of governance in the institutions. Consequently the quality of education has suffered when we talk of the governance. One has to focus on not just Boards autonomy to take the decision but equally on faculty led governance. The question here is how to ensure autonomy and accountability simultaneously.”
Dr. H Chaturvedi, Alt President, EPSI & Director, BIMTECH also shared his insights on bringing change at Conclave 2011. He said, “Collaboration is the keyword, if B schools wish to survive in today’s cut throat market conditions. We don’t only need to collaborate within the borders of our country but also beyond our border. The B schools which do not collaborate will have to perish. Collaboration is a continuous process.”
Some of the topics which were discussed at Conclave 2011 were: Developing a Policy framework that fosters excellence & innovation in Indian management education; New IIMs: Leveraging the legacy, or creating a new DNA?; Governance Model for Great B-school; Great B-school from the Corporate Lens; Discovering the New DNA: Lessons from IT/ITES sector; Changing face of Business: How B-schools need to adapt; Challenges of setting up a New campus; Beyond Classroom Learning; Building an Academic Brand: Branding Challenges for a B-school; Building a Great B-schools: Engaging with Corporate India for a win-win – the expectations and approaches.
Some of the other eminent speakers at the Conclave 2011 were: Mr. K Ramkumar, Executive Director, ICICI Bank; Dr. Bala Balachandran, Founder and Dean of Great Lakes, Chennai; Dr. M. Rammohan Rao, Professor & Dean Emeritus, ISB Hyderabad; Fr. E Abraham SJ, Director, XLRI Jamshedpur; Ms. Savita Mahajan, Deputy Dean, ISB Hyderabad & CEO, ISB Mohali Campus; Dr. Eileen Peacock, Vice President & Chief Officer, Asia of AACSB International; Dr. JD Singh, Director General, Jaipuria Group of Institutes; Dr Ashok Kolaskar, Vice Chancellor, KIIT University; Dr. Rajendra Nargundkar, Director, IMT Nagpur; Dr. Sesha Iyer, Director, SPJIMR; Dr V Panduranga Rao, Director, IMT Hyderabad; Dr. Bhimaraya Metri, Dean, Strathclyde SKIL Business School; Dr. AM Sherry, Director, IMT- Center for Distance Learning; Mr. Balvinder Singh Kalsi, CEO & MD, DU Pont India; Dr. Ganesh Natarajan, Vice Chairman and CEO, Zensar Technologies.
The IMC 2011 conclave was partnered by India’s top knowledge companies and educational institutions and media firms. These are: Strategic Partner: Institute of Management Technology (IMT) Group; B-school Partner-NMIMS, BIMTECH; Corporate Sponsor-IBM; University Partner-Symbiosis International University, KIIT University’s School of Management; Associate B-School Partners- Strathclyde SKIL Business School, Educomp Raffles Higher Education Ltd, AKGIM Ghaziabad; Research Publishing Partner-Emerald Group Publishing Limited; Knowledge Partners-McGraw-Hill Education, Harvard Business Publishing; Technology Partner-SunGard Higher Education; Print Media Partner-MINT; Television Media Partner-CNBC TV 18.
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