With the participation of eminent dignitaries from well-known business houses like, Goodyear, Barclay’s, Vedanta, ITC, Tech Mahindra, etc, the two-day ‘Mission India: Management Conclave 2013’ of Indian Institute of Management, Rohtak, (IIMR) concluded here at the Maharshi Dayanand University (MDU) campus on Sunday.
The dignitaries discussed the key principles of management during constrained growth on last day of the conclave that was organised on theme of ‘Finding the Silver lining: Growth during Business Uncertainty’, which is relevant considering the current economic in the country. Kalpesh Kotkar, member of IIMR’s PR cell, informed that the concluding day witnessed discussions on various ideas that could prove beneficial in trying to alleviate the businesses from the current state of slowdown.
Tushar Pandey, Sr President and Country Head, Yes Bank, mentioned the benefits of the Public Private Partnership (PPP) Model for financing infrastructure development. “Currently the PPP model is growing at a very sluggish pace because of the underlying structural complexities in its implementation. But the idea should not be overruled merely because of this, as it is very important that both Corporates and the Government come together to contribute towards the progress of the nation,” said Pandey, adding that the Delhi-Mumbai industrial corridor was going to be a centre for major economic activity in the future.
Sudipta Ghosh, VP-Government business, Tata Capital, said the PPP model could be highly successful in building up mega-projects in the areas of power generation and transmission. “As the infrastructure sector has been hit the hardest by the current slowdown, the PPP model could be efficiently used in resurrecting the growth of his sector,” he added. While expressing his views in the technical session focused on the ‘HR Practices in leading business organisations during constrained growth,’ the panel moderator SS Sahrawat from Jubilant life Sciences said that value systems were the DNA for an organisation; they align the employees towards a certain direction.
“In difficult times, rumors become common at the work place, it becomes very important for the HR to engage good employees, through constant direct communication and extend support to the employees to nurture their aspirations,” he added.