National Seminar on Redefining Global Business Competitiveness
February 24, 2009

International School of Informatics and Management (IIIM), organized one day National Seminar on “Redefining Global Business Competitiveness”. The seminar was inaugurated by Prof. J.K.Mitra, Dean, FMS, Delhi. Shri Umesh Bhandari, CEO, Reliance Industries Ltd., Rajasthan was the guest of honour.

Dr. Ashok Gupta, Director, International School of Informatics and Management, welcomed the eminent Resource Persons, delegates and distinguished invitees.

In his inaugural address, Prof. Mitra discussed in detail the global standing of Indian Economy and highlighted the strategies through which we can leverage our global advantage.

He held the young audience rapt by quoting famous management writers and discussing contemporary management terms like co-opetition, blue ocean, base of pyramid etc. While stressing that the current turmoil cannot be termed ‘recession’, he admitted that there was definitely a slow down. He encouraged the delegates to motivate themselves and work hard to achieve their goals.

The keynote speaker of the seminar was Shri Umesh Bhandari. In his discourse, he talked about the growth opportunities in India and discussed terms like consumerism, competition and other such phenomena that are a part of the globalized world. He enlightened the audience citing examples from the works of renowned management thinkers.

He touched upon contemporary issues such as Technological advancements, free market ideology & economic liberalization, shifting the mindset, consumerism, shifting of economic centre from developed to the developing countries, globalization of competitors, etc.  Sir also briefed students about the 12 pillars of competitiveness refer from the Global Competitiveness Report 2007-2008. 

During the first technical session, Shri Reno Raj, Project Head, ICICI Prudential, Jaipur, spoke about global integration and emphasized the need to formulate strategies that would make organization more adaptive. He opined that India is poised to be the frontrunner in the quest of global dominance in competitiveness.

In the second technical session, Shri Mohit Arolkar (AVP, Genpact, Jaipur), threw light on the difficulties ahead and discussed how we can prepare ourselves to take on these challenges. He laid stress on the need for positive attitude and innovative practices in global strategy formulation.

A panel discussion was held in the last session of the seminar. It was moderated by Mr. Mrinal Purohit, Product & Brand Head, DNA, Jaipur. Mr. Gaurav Mundra, Director, Trueworth Group of Companies, Jaipur, and Mr. Rohit Mogra, Head HR, Airtel, Jaipur expressed their views on the innovative practices that could enhance global competitiveness.

The seminar witnessed participation from Industry, Research Scholars, Academicians & students from various management institutions like ICFAI, Apex institute of Management and Sciences , Shri Karni College, Maharishi Arvind Institute of Engineering and  Technology, Swami Keshavnand Institute of Technology,  Malviya National Institute of Technology, OMEGAN Institute, Institute for Integrated Learning in Management, Shri Balaji College of Engineering & Tech., and Regional College of Engineering for Women, etc. All delegates were awarded certificates of participation for their presence.