Commemorative Issue 2015 (Compressed).Pdf
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Prologue Mr. Sandeep Naolekar Editor Hearty Greetings! IMA International Management Conclave each year addresses the challenge of management leadership in topical context to roadmap the corporate growth in emerging scenario. And this year’s theme is “India 2.0: Reclaiming tryst with destiny”. As a nation, India stands at another important juncture. And things are different from what they were at the time of independence. Today, as a leading BRICS nation, India is poised to experience explosive growth with the backbone of its demographic dividend. The whole world is looking at India with admiration and hope. And innovation would be the key to achieve these lofty targets that the ‘new India’ has set for itself. It has to be ably supported by spirited entrepreneurship and bold business decisions to tap global markets with technologically advanced yet cheaper products and services. Indore Manager endeavors to bring to its reader the latest best practices of global corporate giants in every discipline of management, to encourage the local business to raise its bar of excellence continuously. And this commemorative issue is dedicated to the pursuit of India’s resurgence. It covers valuable ideas and perspectives which we are sure you will find useful in creating your own level of excellence to be a contributor to “India 2.0 Reclaiming Tryst with Destiny”. We wish you a successful future. INDORE MANAGER COMMEMORATIVE VOLUME 2015 03 Prologue Mr. Sandeep Naolekar Editor Hearty Greetings! IMA International Management Conclave each year addresses the challenge of management leadership in topical context to roadmap the corporate growth in emerging scenario. And this year’s theme is “India 2.0: Reclaiming tryst with destiny”. As a nation, India stands at another important juncture. And things are different from what they were at the time of independence. Today, as a leading BRICS nation, India is poised to experience explosive growth with the backbone of its demographic dividend. The whole world is looking at India with admiration and hope. And innovation would be the key to achieve these lofty targets that the ‘new India’ has set for itself. It has to be ably supported by spirited entrepreneurship and bold business decisions to tap global markets with technologically advanced yet cheaper products and services. Indore Manager endeavors to bring to its reader the latest best practices of global corporate giants in every discipline of management, to encourage the local business to raise its bar of excellence continuously. And this commemorative issue is dedicated to the pursuit of India’s resurgence. It covers valuable ideas and perspectives which we are sure you will find useful in creating your own level of excellence to be a contributor to “India 2.0 Reclaiming Tryst with Destiny”. We wish you a successful future. INDORE MANAGER COMMEMORATIVE VOLUME 2015 03 Coat of Arms It is rare that a NGO can create a legacy of 50 years of continuous meritorious service, as has been achieved by Indore Management Association (IMA) since 1963. To commemorate this historic milestone in the long successful journey of excellence, IMA has adopted a Coat of Arms as its identity, worthy of its legacy, acknowledging its accomplishment and portraying its philosophy for the future. The IMA ‘Coat of Arms’ consists of several parts, some of them are: Symbols: Tree: A full grown Banyan tree represents knowledge and immortality. It gives shelter to everyone, right from a small ant to a human being. It expands its canopy by growing special roots, thus increasing its area of influence. In the same way knowledge when passed on increases its sphere of guidance. The knowledge expands memory. Elephant: The Elephant symbolizes memory, wisdom and power. It has a large head and is a good listener. The Knowledge stored in memory helps to plan for the action. Wheel: The wheel is the symbol of continuous action. Action that is based on knowledge, is stored in the memory. Action brings us new opportunities and is the Key to Success. Key: Well planned action based on sound knowledge, stored into memory, brings better opportunities for us. The key opens new doors which take us into a better future. Once we step on a new path we acquire knowledge, expand memory that makes us more eligible to take a better action. This opens new doors and brings greater opportunities. All the elements are looped into the infinite movement and the catalyst is ‘Indore Management Association’ with 50 years of its experience. Sun: The Sun on top of the design denotes perpetuity of existence and is symbolic of positive growth. Colours: The colours used have their own importance: Purple: Purple is the colour of wisdom, knowledge and intelligence. Deep Blue: Deep Blue is the colour of reliability, trust and confirmation. All these elements are related to memory. Deep blue is the colour of space which is endless like memory. Orange: Orange is the colour of action and stimulation. Green: Green is the colour of life and growth. Henceforth, the ‘Coat of Arms’ symbol will become our identity in all our communication. We hope and wish that this identity will represent a better and glorious chapter in our sojourn, based on the solid foundation of our successful past. 04 INDORE MANAGER COMMEMORATIVE VOLUME 2015 INDORE MANAGER COMMEMORATIVE VOLUME 2015 05 Coat of Arms It is rare that a NGO can create a legacy of 50 years of continuous meritorious service, as has been achieved by Indore Management Association (IMA) since 1963. To commemorate this historic milestone in the long successful journey of excellence, IMA has adopted a Coat of Arms as its identity, worthy of its legacy, acknowledging its accomplishment and portraying its philosophy for the future. The IMA ‘Coat of Arms’ consists of several parts, some of them are: Symbols: Tree: A full grown Banyan tree represents knowledge and immortality. It gives shelter to everyone, right from a small ant to a human being. It expands its canopy by growing special roots, thus increasing its area of influence. In the same way knowledge when passed on increases its sphere of guidance. The knowledge expands memory. Elephant: The Elephant symbolizes memory, wisdom and power. It has a large head and is a good listener. The Knowledge stored in memory helps to plan for the action. Wheel: The wheel is the symbol of continuous action. Action that is based on knowledge, is stored in the memory. Action brings us new opportunities and is the Key to Success. Key: Well planned action based on sound knowledge, stored into memory, brings better opportunities for us. The key opens new doors which take us into a better future. Once we step on a new path we acquire knowledge, expand memory that makes us more eligible to take a better action. This opens new doors and brings greater opportunities. All the elements are looped into the infinite movement and the catalyst is ‘Indore Management Association’ with 50 years of its experience. Sun: The Sun on top of the design denotes perpetuity of existence and is symbolic of positive growth. Colours: The colours used have their own importance: Purple: Purple is the colour of wisdom, knowledge and intelligence. Deep Blue: Deep Blue is the colour of reliability, trust and confirmation. All these elements are related to memory. Deep blue is the colour of space which is endless like memory. Orange: Orange is the colour of action and stimulation. Green: Green is the colour of life and growth. Henceforth, the ‘Coat of Arms’ symbol will become our identity in all our communication. We hope and wish that this identity will represent a better and glorious chapter in our sojourn, based on the solid foundation of our successful past. 04 INDORE MANAGER COMMEMORATIVE VOLUME 2015 INDORE MANAGER COMMEMORATIVE VOLUME 2015 05 Content Page IMA Profile IMA Profile IMA Initiatives Board of Directors Team IMA Conclave Award Jury IMA Chairman's Message IMA President's Message Conclave Chairperson’s Message Speaker's Profile Theme Perspectives Theme Thoughts Theme Champions Theme Articles Epilogue 06 INDORE MANAGER COMMEMORATIVE VOLUME 2015 INDORE MANAGER COMMEMORATIVE VOLUME 2015 07 Content Page IMA Profile IMA Profile IMA Initiatives Board of Directors Team IMA Conclave Award Jury IMA Chairman's Message IMA President's Message Conclave Chairperson’s Message Speaker's Profile Theme Perspectives Theme Thoughts Theme Champions Theme Articles Epilogue 06 INDORE MANAGER COMMEMORATIVE VOLUME 2015 INDORE MANAGER COMMEMORATIVE VOLUME 2015 07 IMA Profile IMA Initiatives Vision: IMA CEO Forum – “I 50” “To be the Leader in Management Development Movement” Rendezvous – Dinner Talk (Bimonthly) At Indore Management Association we believe that success stories have the power to go where no Mission: business plan has ever been. They can captivate the heart, stir the imagination and create the desire to “We help to raise the bar of excellence for realizing the leadership potential continuously”. act. Keeping that idea in mind IMA has taken another unique initiative “Rendezvous – An Exclusive IMA is a proactive, focused and one of the fastest growing nonprofit management associations of Series of CEO Meets” which invites Business Leaders to share their learning, experiences & thoughts India with strong national and international linkages. Established in 1963, it has a direct and indirect with the elite professionals of the region. The series provides an opportunity to interact, ideate, debate, membership of over 3500 members including corporate, entrepreneurs, professionals, businessmen, deliberate with success icons from industry and business to get insight of their success story.We academicians and students. capture the innovative, real world business acumen and guiding principles discovered behind their Indore Management Association is affiliated to All India Management Association (AIMA) and is the most important business decisions and their career progression.