IIM Indore celebrates 10th Foundation Day

Updated on: Tuesday, October 06, 2009

Indore: First issue of the “Indore Management Journal” was also launched during the MBA College foundation celebrations.

A seminar on Institution Building was organised on the 10th Foundation Day of Indian Institute of Management (IIM) Indore, where an array of influential speakers spoke about the topic. LN Jhunjhunwala, the chairman of the MBA College launched the 1st issue of the “Indore Management Journal” on October 3. N Ravichandran, the Director of IIM Indore marked the beginning of the seminar with an inspiring speech.

The first speaker, Former Chief Election Commissioner, JM Lyngdoh provided insights on how democracy in the electoral process is essential for the people of India. He started his lecture by explaining the foundation, history and journey of the election commission, the technological advancements in the electoral process like the introduction of the Electronic Voting Machine. In response to a query on the effectiveness of a two party system, Lyngdoh said, “Such a system cannot be forced upon a democracy like India and would be very ineffective with two parties which have near identical policies.”

Mirai Chatterjee, Coordinator, SEWA Social Security, talked about building membership based organizations and institutions. In the lecture, Mirai talked about the journey of SEWA as an institution, its growth and its role in helping the poor, down-trodden and vulnerable women in becoming self-reliant.

Ms Prema Padmanabhan, Medical Director-Sankara Nethralaya, shared the story of creation of Sankara Nethralaya from its incubation period to growth phase along with the reasons and circumstances that led to its creation. “The institute has been conforming to its vision of providing world class eye care to those who need but could not afford by maintaining strict quality protocol, constantly researching on cutting edge technology and serving the bottom of the pyramid almost free of cost,” she said and stressed on the role of education provided by the institute in carrying forward the dream.

“Colleges produce students, institutes produce ambassadors,” she said. She also discussed about cost implications of their mission, ways to maintain their financial sustainability and strategic planning of their future growth. On October 2, the MBA College hosted a hindi play “Lala Hardaul” by Hum Theatre Group.

The fourth speaker for the 10th Foundation Day of IIM Indore was Dr V S Rao, director of the BITS- Pilani Hyderabad campus. “Among the most innovative initiatives to have been adopted by BITS Pilani from the west is the practice school — a seven month internship program for students. The idea has become very popular among both students and organizations – so much so that close to 200 stations visited the campus for projects this year,” he said.

Dr MNG Mani, another speaker at the IIM Indror foundation day celebrations spoke about Institution Building in Social sector. Dr Mani, who was the Dean of Vivekananda University, spoke about how MBA graduates can make a difference to the social sector and what skill set one requires to be successful in this sector. He explained the contribution of MBA graduates by citing examples as to how two IIM graduates went on to actually renew the Blind People Association, Ahmadabad.

Having explained the opportunities that lie at the footsteps of the present management graduates citing requirements in UN, UNESCO and other world bodies, Dr Mani said, “Compassion for human beings is the most important quality followed by visionary leadership skills, good communication, developing positive attitude, mastery in technology and dignity of labour.”

The final speaker of the day was Justice SB Sinha, former judge, Supreme Court of India. Justice Sinha spoke about the unexplored area of management-judiciary relationship and stressed on the importance of the same for the future. “With the number of pending cases in India which is expected to dramatically rise with education and development, there is vast scope for judicial reforms. And this is where managers come in – to plan and bring about timeliness, quality and sensitivity in the judicial process. MBAs at IIMs need to be sensitized to this issue,” he said. The last lecture was followed by a classical musical recital by Kalapini Komkali, daughter and disciple of Pandit Kumar Gandharva.

IIM Indore celebrates 10th Foundation Day

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