MANAGEMENT STUDENTS TOLD TO FOCUS ON SOCIAL SECTOR
Kochi: Urging fresh management graduates to work in the social sector, B Muthuraman, former Chairman of Tata International and former Vice Chairman of Tata Steel, said that progress of the nation is not possible without addressing the social problems. The really insightful keynote speech by the Padma Bhushan awardee marked the culmination of the two-day National Management Convention of Kerala Management Association (KMA).
According to him, there are many challenges which India should overcome in order to achieve economic prosperity. “Out of the many challenges we face, there are two fundamentally important ones. One is education, which as a challenge is a deal breaker as far India’s progress is concerned while the second is the challenge of creating equal opportunities in the country,” he said.
The management veteran observed that the purpose of education is not just to provide functional input. “But are we taught how to feel passionate about our work? How to deal with disappointments and success? and how to take risks and resolve conflicts?” Muthuraman asked. He further suggested that students should be empowered to face real-life situations. There needs to be a sea change in what is being taught. At lower levels, students must be taught everything about the environment, about sociological structure of India and how to become good citizens.
Muthuraman further noted the importance of creating equal opportunities for the people and removing the large disparities in income distribution. Alluding to a recent study by Forbes which stated that India would witness a sharp rise in the number of billionaires, Muthuraman said that it is no way to measure the economic prosperity of the country.
On the other hand, Muthuraman said, the trend of business management graduates entering the social sectors is quite reassuring. According to him, opportunities for management graduates in the social sector will soon overtake the opportunities in the business sector. “Business management graduates are not just meant to sell cosmetics, toiletries and automobiles. They are also meant to solve the problems of the country. ” he said.
Richard Boocock, President of USA Air Products, speaking at the closing ceremony, said an entrepreneur should also be hard working.
Dr. Saji Gopinath, CEO, Kerala Startup Mission (KSUM) delivered the keynote address. Dinesh P Thampi, President, KMA; Jibu Paul, Senior Vice President; George Antony, Secretary and Bibu Punnooran, Joint Secretary, KMA also participated.
The two-day event witnessed the participation of 1000 delegates from different segments such as practising managers, faculty of B-schools, entrepreneurs and management students.
Dr. R Karthikeyan, National President, Indian Society for Training and Development (ISTD) & Head – Gemba Management Consulting, spoke on the sub theme ‘Learning for Going Global’. In the panel discussion titled ‘Moving Indians to Global Scenario‘, Sandith Thandassery, CEO, Navalt Solar & Electric Boats; Dr. Alpha Tom Kodamullil, Director, Alpha Tom Casualty Service; Sree Sivanandan, Director, NetworkOnomy.com and Shihab Mohammed, CEO, Survey Sparrow participated. Dinanath Kholkar, VP, Global Head, Analytics & Insights, TCS and Ranjan Banerjee, Dean & Professor – Marketing, SP Jain Institute of Management and Research spoke at the session titled ‘India as a part of the World Order.’