Updated on: Monday, March 19, 2012
B Muthuraman, Vice Chairman, Tata Steel and CII President stressed the need for the young managers to be mindful of the larger needs of the society especially in a country like India. While delivering the convocation address at the first convocation of the Indian Institute of Management (IIM) Rohtak, he also emphasised on the need for managers to be leaders and change agents of the society.
Mr Ravi Kant, Vice-Chairman, Tata Motors, and Chairman, IIM Rohtak Board of Governors and Society, said the growth and investors' interests was shifting towards emerging countries like India which gave IIM graduates great opportunity to make a marked difference in successfully steering their respective organisations to becoming world class leaders.
He said the students who were passing out could either view and grab it as an opportunity, or view it as a threat and take a defensive posture.
He said that he was confident that the strong focus of the institute in developing their students on agility and adaption will help them in shaping a situation to their advantage. He further added that appetite for continuous learning and intellectual growth held the key to professional success.
Mr Kant said the world economy was in a state of flux. “Not only global companies are eyeing Indian market, Indian companies are also acquiring or starting operations abroad. There is dearth of managers in India who are capable and have the right mindset to dealwith the new systems.
In the past two years, the institute has given special attention in developing students to perform better in such a changing situation,” Mr Kant said.
The mood at Rohtak IIM was festive with the first batch having achieved hundred per cent placement, at a remarkable average salary of Rs 1.22 million.
The institute is the only IIM located strategically in the National Capital Region and is the eighth IIM to be established in the country.
The 47 students of the PGDM Batch 2010-12 were conferred diplomas by Mr Ravi Kant. Two Gold Medals were also awarded. The one for the best scholastic performance went to Shivank Sharma and the one for the best all round performance went to Ankush Jain.