LEAD hosted the third chapter of a webinar series on supporting women-led rural microenterprises amid COVID-19 and beyond. A collaboration with the World Bank and the Ministry of Rural Development, it featured senior policymakers and experts with a discussion on short-term and long-term policy interventions and strategies to enable graduation of women-led enterprises. The panellists and speakers highlighted the need for entrepreneurship development programs that focus on strengthening capabilities, providing handholding support to women entrepreneurs, strengthening access to institutional finance by building credit histories, and improving market linkages for women-led enterprises.
Dr Shobha Das, Dean at IFMR GSB shared her perspectives on the world post COVID-19 and its domino effect on organizations. The panel of experts discussed ‘COVID19 Impact on Innovation and Innovation Trajectories’ in an e-conclave hosted by IIM Sirmaur. The discourse featured thoughts on COVID-19’s impact on Innovation processes, role of technology, healthcare products, and challenges for leaders and organizations in revamping innovation trajectories.
IFMR GSB at Krea University welcomed the new cohort of MBA students with Prarambh – a week long virtual orientation program. The orientation programme for the 2020-2022 MBA batch was a 5-day event, hosted from July 1 until July 5, packed with engaging sessions from leadership, faculty, staff, students and alumni. This is a historic year for IFMR GSB, marking a journey of 20 years steered by some of the best minds from academia and industry, creating immense value for students and society.
Prarambh 2020 witnessed the Krea community extending a warm welcome to the incoming cohort. The incoming class comprises 182 students from across the country who have been through a holistic admission process which evaluates applicants with tailor made rounds catering to diverse aspirants.
Leading industry leaders actively participated and engaged in Prarambh 2020.
Industry stalwart Mr CK Ranganathan – Chairman and Managing Director of CavinKare, addressed the 180+ students on the inaugural day. Tracing his humble beginnings in Cuddalore to building a major business, Mr Ranganathan encouraged students to walk the path of personal transformation and use education as a starting point.
On day 3, Tech leader and co-founder of Fractal Analytics, Mr Srikanth Velamkanni spoke to the students. He carried them through important life lessons that students can take from their business school, including staying humble and constantly keep pushing to learn more broadly.
Speaking to the students on the concluding day Mr Rajiv Lochan, Executive Director at Sundaram Finance Limited, shared 5 key lessons with students. Addressing the uncertainty of our times, he highlighted why this is the best period to remain a student and learn as much from the world as possible, so they are prepared to reap the benefits of learnings in two years.
Renowned academia including Prof N Ravichandran, Former director, IIM-Indore and Prof V Anantha Nageswaran, Part-time member, Economic Advisory Council to the Prime Minister of India & Former Dean, IFMR GSB, actively interacted with students.
In her welcome address, Dr Shobha Das – Dean of IFMR GSB commended the students for their decision to invest in education amid the global crisis and put forth her vision for the new cohort, “We hope to develop well rounded human beings as well as managers. There are four attributes we hope IFMR GSB graduates will come out with, they are elements of being reflective, ethical, effective and professional.”
Dr Sunder Ramaswamy, Vice Chancellor, Krea University added, “As the world has shown, with crisis comes opportunities. Hopefully it prepares you to handle these opportunities, no matter what you want to do when you graduate with an MBA degree, whether you want to join the corporate sector, be an analyst, join the banking sector, the nonprofit sector or want to be an entrepreneur. What I really hope that you’re here for is building yourself up as a professional and as an individual and human being, because I think that is really what the world currently needs.”
Emphasising on Krea’s mission statement ‘to help humanity prepare for an unpredictable world’, Dr Sunder Ramaswamy discussed how classes weren’t just about dispensing information, but rather about aiding students to learn, to think like a mathematician, a scientist, a philosopher.
The seafood industry is a lifeline for coastal communities in India and women play a significant role in post-harvest operations. While it’s still early to gauge the impact of COVID-19 on the industry, Research Fellow Rahul Muralidharan notes that rapid insights from the ground are important to shape policy actions and programs. He shares his insights in this piece based on interactions with small-scale fisherfolk, co-operatives and union leaders in Chennai.
LEAD concluded their three-part webinar series on rising gender-based violence amid COVID-19 . The final part explored the role of space – public, private and digital, in gender-based violence, especially in the current context. Highlighting gaps in current research, the young and dynamic panel answered questions from the participants and presented a way forward towards building safe and inclusive spaces for all.
With a rush of adrenaline and picking a lesson from the looming crisis of today, comes ‘Entangled’. A unique case study competition hosted by Sanchalan – the IT and Operations Student Committee from IFMR GSB, challenging graduates with prioritization and resource allocation skills during crisis.
600 participants from across India geared up to compete, make an impact and win the contest. Contestants from 190 institutes and 20% of them from top tier ones vied for the ultimate spot in this innovative case study competition.
IFMR GSB at Krea University, welcomed the new cohort of L&T Executives to the EMBA program 2020-23. Dr Sunder Ramaswamy, Vice-Chancellor at Krea University and Dr Shobha Das, Dean of IFMR GSB, personally welcomed the new executives. Other distinguished guests at the inauguration event included Mr. Ramkishore, Vice President & Head – Divisional Corporate HR, L&T Construction and Mr. Karthikeyan TV, Executive Vice President – Finance and Accounts, L&T Construction.
Dr Sunder Ramaswamy expressed in his welcome address, “L&T Construction is one of the iconic companies in India which has played a major role in building India’s defining infrastructure projects. The company has admirably continued to invest in its employees even during these tough times.”
He also added, that we live in a world, where information is cheap, instant and universally available, the differentiation between information and knowledge is how to optimally harness information aided by effective coaching and teaching. IFMR GSB faculty would teach learners ‘how to learn’ and remain relevant in the increasingly dynamically changing world that we inhabit.
In her welcome note, Dr Shobha Das shared the rich history of IFMR GSB, set up in 1970 – the 1st of its kind in the financial research and education center in Asia. “This partnership brings together two organizations who excel in their respective fields and both organizations place a lot of importance to knowledge and learning.” , stated Dr Das . She lauded L&T Construction as a much-admired company for several reasons, a key reason being its willingness to invest in employee development, even more admirable, in the current crisis amid uncertainties.
In his insightful address to the incoming cohort, Mr. Ramkishore explained the rigorous selection process that handpicks 45 participants who make it to the committed program. He added, “An MBA instills certain key attributes essential for success; quick thinking, analyzing data and converting it into information, turning information into insights and converting insights into focused actions.” He urged participants to make the most of the virtual situation they are in, free themselves from the constraints of time and space that this opportunity affords and make the most of this education that participants are about to receive.
Reinforcing the partnership, he stated that L&T C partners only with institutions of excellence as their academic partners and IFMR GSB at Krea University is one of them.
Chief Guest of the inauguration event, Mr. Karthikeyan T V, shared words of wisdom and emphasized that it was up to the participants to make the best use of the faculty and the resources made available to them. “At the end of this three year MBA program, my experience and expectation is that participants would have excellent business sense, that only an MBA course imparts- ‘How to run your business’, ‘How to deal with situations that are commercial oriented’ and ‘How do you think professionally, but in a business focused manner’ , ‘How do I make money’.
The incoming cohort includes L&T C IC Head HRs- Mr. Srikant Srinivasan, PT&D; Mr. Bartanu Kumar Das, HC ; Ms. Poonam Chandok TI; Mr. J Kabilan B&F; Ms. K Meena Priya IEL; Mr. Girish, Smart World & Communication; Mr. Binu L&T GEO and L&T Divisional Corporate Academic Contact head – Mr. Raghavendran.
“The emergence of the sports industry presents an opportunity from a career standpoint, as an economic contributor and as a contributor to nation building.” With that, Deep Mukherjee, CEO, CII- National Committee on Sports, shared insights from the evolving realm of sports with the students at Krea. Speaking of opportunities across talent management, programming, data analysis and tech in sports, Deep touched upon the explosive growth of sports as an industry, its potential to create millions of jobs in the near future, inculcating sports into curriculum as a wholesome subject and not a supplement and how it helped in the holistic development of a student. Speaking of the campaign ‘Making India Play’ he encouraged the need to build a sporting culture in India.
IFMR GSB students, Akhil Ranjan Gupta and Dharan Kumar Somani from the class of MBA 2019-21 have secured the prestigious CFA Institute scholarships.