International Conference: ICDMTB-2016
April 02, 2016
Department of management of Institute of Technology & Science, Ghaziabad organised an International Conference on “Developments in Management, Technology & Business” on 01st & 02nd April, 2016.
The International Conference has made ripples in Management Education. The congregation of academicians helped in creating very positive vibes in the academic industry. In all 18 academicians of repute including Dr. Vinay Sheel Gautam, Sr. Advisor KPMG and Founder Director IIM K, Dr. T V Rao, Chairman TVRL and Former Professor IIM A, among the most renowned name in management education, Dr. C P Srimali, Director MDI Gurgaon , Dr. Ganesh M Prabhu, Professor Strategy, IIM B, Dr. Atanu Ghosh, Prof. Strategy SOM , IIT Mumbai , Dr. Punam Sehgal , former dean IIM Lucknow , Dr. Srini R. Srinivasan, faculty Jamnalal Bajaj Mumbai and many others from MDI, IMI, IMT , joined us during the conference. .
01st April, 2016: Inaugural Session
The conference was jointly inaugurated by the chief guest Dr Vinayshil Gautam, Sr Advisor KPMG, Founder Director IIM K and First Head of Management Department, IIT Delhi and keynote speaker Dr C P Shrimali, Director, MDI Gurgaon and Shir B K Arora, Secretary, I.T.S The Education Group.
Dr Sapna Rakesh, Director Management delivered the Welcome address followed by Conference overview by
Dr Anita Mathew.
During his keynote address Dr Shrimali talked about technology as a driver of modern age and touched upon various issued concern with Technology leverage. Dr Vinayashil Gautam in his address sensitized the younger generation about opportunities available in India and their role to drive India ahead. He said that our challenge is to train and mentor the next generation of effective leaders who will shape the future of business, politics, and education in the face of global change.
At the end of the session the conference proceedings was released. Prof Anuja Roy coordinated the session effectively.
Technical Session 1:
The first technical session was on Financing, Marketing and Capability Building to accelerate competitiveness. Dr Ajay Pandit, Former Professor, FMS, Delhi University, Dr Ganesh M Prabhu, Professor- Strategy , IIM Bangalore and Dr Deepak Tandon, Professor- Finance, IMI, New Delhi were the speakers of the session.
Dr Ajay Pandit talked about the increasing demands on marketing organizations that are leaving marketers and their firms vulnerable. Most marketers would endorse this assertion and then acknowledge their uncertainty about how to navigate this reality. The drivers for the widening marketing performance gap are increasing complexity, interacting with an accelerating rate of change in markets and serious organizational impediments to responding.
Dr Ganesh M Prabhu highlights that goal of most strategies is to build an enduring competitive advantage by establishing clever market positioning or assembling the right capabilities and competencies for making or delivering an offering. Companies undertake periodic strategy reviews and set direction and organizational structure on the basis of an analysis of their industry and some forecast of how it will evolve and develop competitiveness.
Dr. Deepak Tandon said in the marketplace, it’s not the strongest who win, but ones most responsive and adaptable to change. Today, for business leaders and CXOs, it is a constant struggle to adapt to a fast-changing business environment. It’s not just about making the right choices for themselves but for all their stakeholders – employees, business partners, clients, customers, policy makers, shareholders and investors.
The session was well coordinated by Prof Shikha Arora.
Technical Session 2:
The second technical session was on Strategic drivers for innovation and entrepreneurship in business. Dr Shailendra Nigam, Professor- HR, IMI New Delhi, Dr V J Sebastian, from IMT Ghaziabad and Mr C K Sabharwal, MD Crop Health have addressed the gathering and answered the questions of the participants.
Dr Sailendra Nigam said that today we live in a technological ‘age’ and global economy where competition has become knowledge-based. In modern theories of growth and development technological innovation has taken the centre stage. Our love for novelty and new gadgets is thus based on practical and theoretical foundations.
Dr V J Sebastian highlighted the growing interest in the relationship between technological innovation (and entrepreneurship) and the way it can promote global growth and development.
Prof. C K Sabharwal said that Governments and development agencies are focusing on generating inclusive innovations, using policy instruments that induce the private sector—working on its own or in partnership with the public and nongovernment sectors—to create and disseminate innovations that relevant for underserved market segment.
02nd April, 2016:
Technical Session 3:
The second day of the conference took off with deliberations on another exiting theme “Management Challenges to engage with New order stakeholders” with the prolific academicians like Dr Atanu Ghosh from SJMIMS, IIT Mumbai, Dr Srini R Srinivasan from Jamna Lal Bajaj Institute, Mumbai, Dr Shobha Kulshretha, Renowned consultant in International Business Area and Dr Deepak Singh, Director HR, KPMG.
The discussion and deliberations revolve around Stakeholder engagement as a cutting edge tool. Some companies like Starbucks, which is crowdsourcing new product ideas through its “My Starbucks Idea” social media platform, are showing leadership in identifying and holding discussions with diverse stakeholder groups. But just as many companies are struggling to build the basics of engagement and appropriately respond to increasing pressure. This is happening in part because stakeholder engagement is part of the CSR basics.
It has become such a norm that companies complete it to tick a box rather than endeavoring to understand what engagement specifically means to them. Managers charged with stakeholder engagement are also feeling pressure created by social media. More voices clamoring in more outlets for more attention is changing the reasons companies engage, how they engage, and with whom they engage.
The session was very well coordinated by Dr V N Bajpai.
Technical Session 4:
Dr Punam Sahgal, VP HR NAtional Institute of Smart Govt., Dr Ganesh M Prabhu from IIM b and Dr Rishiraj Singh, Director, NIESBUD discussed in length on Emerging Business models to drive growth in India. The speakers of the session talked about the opportunities and challenges involved in managing with the emerging business models based on IT platform. How India is benefiting from the growth of startups in this area.
Technical Session 5:
Dr T V Rao, Chairman, TVRLS, Former Professor IIM A, Dr Kavita Singh, Professor-OB, FMS, Delhi University, DrDebi Saini, Professor HR,MDI, Gurgaon, Dr A M Sherry, Head & Dean, HCL Talent Care discussed the issues related to the theme Technology, Society and Social change in India. Dr Rao said that in the wake of modernization and globalization, the processes of social mobility, the nature of demographic changes and increase in urbanization and industrialization have brought significant changes in Indian society. There have come vast changes in the fields of new professions, banking, management, media and information and several other sectors of service.
The conference received huge response from research scholar, academicians and industry participants. Over 200 research papers were received. 151 abstract and 6 theme papers have been included in conference proceedings published by Bloomsbury, a well known publication house. There were 66 selected paper presentations from close to 45 institutions including paper from IIM Kashipur , BHU , Jamia Islamia , RGIIT Kerala, amongst many others in six different tracks with session chairs of Professors from IIM B, IIT B, Jamna Lal Bajaj, Mumbai, IMI, Delhi and IMT Ghaziabad. 111 delegates and 18 speakers attended the Conference, which included 22 international delegates from Ghana, Butan, Kambodia, Peru, Russia, Namibia, Zimbabwe also.