4th International Management Convention – IMC’ 2014
The three-day 4th International Management Convention-IMC’2014, organized by Asian School of Business Management (ASBM), concluded here today. Speaking at the valedictory ceremony of IMC’14, Regional Director, Reserve Bank of India, Shri PK Jena said, “To deal with global economic meltdown, company should adopt survival strategy. Adaptability is one of the most important factors to survive in the global business world.” Expressing concern over the erosion of human values, Shri SK Rath, Director (HR), Odisha Power Transmission Corporation Limited said, “Greater urgency is needed to fight against some issues like poverty, unemployment, cyber crime, climate change, etc. Robust economic policy should be made to deal with economic crisis. ” Addressing students at the valedictory ceremony, Prof. (Dr.) Omkar Nath Mohanty, Former Vice Chancellor, Biju Patnaik University of Technology, said, ” There is a need to accelerate our ability to innovate new things. Innovation in field of transport, education, health, industry should be given priority.” “Indian business schools should have the international approach. There is a need to update the infrastructure with global standard and develop robust pedagogy in emerging business schools to generate skilled management professional,” said Founder and Director ASBM Prof. Dr. Biswajeet Pattanayak. The three-day event was inaugurated by Shri M Bhagavantha Rao, Managing Director, State Bank of Hyderabad on Thursday. While inaugurating the three-day event, Shri Rao said, “Management institutes of the country should internationalize their approach to equip students to become global managers.” “ASBM is one of the best Management B-Schools of the Country with international standard. Students should take advantage of expertise and world class facilities available at this prestigious institute,” he said. Stressing on the need of skilled workforce, Shri Rao said, “To build a developed nation, we must build better society and better society is only possible through better people. Innovation and character and mind-building should be included in the academia for the generation of skilled human resources.” “Country has a sizable youth population. Young workforce means having more innovative minds. So stress should be given to generate more skilled workforce. A growing and skilled workforce is an advantage for both the manufacturing and services sectors,” said Shri DS Ravindra Raju, Chief Operating Officer, Paradeep Phosphates Ltd, while addressing the students during the inaugural ceremony. Addressing the next-gen leaders on the inaugural day Prof. Oopali Operajita, Senior Policy and International Affairs Adviser Chair, The AI Gore Sustainable Technology Venture Competition & Distinguished fellow, Carnegie Mellon University, USA said, “It is a crucial task to scale up the potential of people entering in to the workforce, it is possible only through the quality education. We should enhance the quality of education so that the students can get better opportunities in their respective fields which will generate huge employment opportunities at large”. “Youth plays a key role in nation building and they can walk on the path of progress only if they stay away from social evils,” she added. Speaking at the inaugural ceremony, Shri Rajesh Sharma, Director–HR, Odisha Hydro Power Corporation Ltd said, “Apart from academic curricula, weightage should be given to develop creative ability, soft skill and capacity to work in an unstructured environment among the students.” Speaking on key role of HR, He further said, “HR plays an important role to create best leaders.” On this occasion, Souvenir ‘Compendium’, ASBM Journal of Management Vol. VII, issue-I, January 2014, IMC-14 book ‘Business of Being in Business: New Prospectives’ and Phoenix were released, whereas as many as 28 papers were present by delegates, academician and students. Eminent dignitaries, including Mr. Mohan Prasad M, Chief Peoples Officer, Water Health India, Dr. Kulamani Padhi, OCS-I, Dy. Registrar of Coop. Society, Govt. of Odisha, Dr. RK Bal, Professor ,Utkal University, Mr. Rajib Sekhar Sahoo, Director, SRB and Associates and Director, Bank of Boroda, Mr. PK Das, GM Marketing, IOCL, Mr. Sumit Ganguly, DGM, L&T, Mr. Arun Ramachandran, Head, Aircel, Dr SK Rath, Professor NIT, Rourkela,Mr. Santosh Kumar Sahu, CEO, Computer Lab, Mr. Manoj Panda, Center Head, TCS, Bhubaneswar, were present at Technical session –I -‘Inspiring people: The Hr way’, Technical Session II ‘Improving the Bottom Line: Financial Strategies’, Technical Session-III Winning Customers: Marketing Innovations ‘ and Technical Session IV-Augmenting Quality: Technology & Operation. Intellectuals from across the globe including countries like USA, Nepal, France had come together to attend the 4th International Management Convention-IMC’2014-‘The Business of Being in Business: New Prospective’ at ASBM. Dean, ASBM, Prof. (Dr.) Kalyan Shankar Ray, Convener Prof. Mrutyunjay Dash and Co-Convener Prof. Rajee Jabal, large number of delegates, faculty members of ASBM and students were also present in the event.