The Art of Management: By Shiv Shivakumar

D Shivakumar addressing the session during his book launch

D Shivakumar addressing the session during his book launch

AIMA had organised a special session on the launch of a new book- ‘The Art of Management’ by D Shiv Shivakumar, Group Executive President, Corporate Strategy & Business Development, Aditya Birla Group & Past President, AIMA. D Shiv Shivakumar not only shared the insights of the book but also shared tips on managing self, organization and business.

AIMA had organised a session on the launch of a new book- ‘The Art of Management’ by D Shiv Shivakumar, Group Executive President, Corporate Strategy & Business Development, Aditya Birla Group & Past President, AIMA.

Being one of the most recognizable CEOs in India and leading some iconic global companies, D Shiv Shivakumar has penned his new book on career management having plenty of knowledge about the subject.

Sharing insights from the book, D Shiv Shivakumar said “managing self, organization and business has become a surmounting task”. Hence the book was written with the view of realigning one’s priorities, capabilities and values in a fast-paced world.

Continue reading

Share Button

A working woman’s notes on work, life and leadership: Arundhati Bhattacharya shares all

- Arundhati Bhattacharya addressing 55th Leaderspeak Session

Arundhati Bhattacharya addressing 55th Leaderspeak Session

Arundhati Bhattacharya, Chairperson and CEO, Salesforce India and Former Chairperson, SBI shared how she has chronicled in her book “Indomitable – A Working Woman’s Notes on Work, Life & Leadership” her journey of formative influences, personal and professional struggles, and lessons learned at AIMA’s Leader Speak.

Since the appointment of the first Probationary Officer of SBI (State Bank of India) in 1960, it took 53 years for a woman to break the glass ceiling and become the Bank’s Chairman. Ms Bhattacharya was that very lady in question.

The journey for Ms Bhattacharya was one of overcoming immense odds to become a successful banker, which she has chronicled in her book-
“Indomitable – A Working Woman’s Notes on Work, Life and Leadership” along with recording her realization of strengths and weaknesses while handling different aspects of her life; career management, corporate leadership and work-life balance.

While speaking to Mr Sunil Kant Munjal, Past President, AIMA and Chairman, The Hero Enterprise at AIMA’s Leader Speak, she started off by saying that it was those little anecdotes in her career life that added up to making it a full-rounded journey. One instance is that of a security guard in her office, who lent her money to take a bus home as she had forgotten her purse. She also added that once you climb the rungs of the hierarchy ladder, you get disconnected from the grass-root level that was once a part of your life, and you should not forget where you started from.
Continue reading

Share Button

Boosting India’s health: Adar Poonawala on producing vaccines during the pandemic

Adar Poonawalla addressing AIMA National Leadership Conclave 2022

Adar Poonawalla addressing AIMA National Leadership Conclave 2022

Mr Adar Poonawalla, Chief Executive Officer, Serum Institute of India explained how the Institute had to raise export and capacity, and also empower the team, to be able to produce vaccines on such a large scale. He also emphasized how capacity and resilience have to be built to ensure India’s health security at AIMA’s National Leadership Conclave 2022.

Mr Adar Poonawalla, Chief Executive Officer, Serum Institute of India addressed the audience from the panel in one of AIMA’s National Leadership Conclave sessions on how strong measures have to be taken to build capacity and resilience in the health care supply chain to ensure India’s health security under all circumstances, in addition to narrating the journey of how his company produced vaccines during the pandemic.

Mr Poonawala started the session by ruminating on how Serum worked on the export and raised the capacity, and also empowered the team to be able to do things ahead of time, which only became the reasons for the Institute to be able to produce vaccines that exceeding expectations, during the commencement of the covid pandemic.
He explained how he took the decision of producing the vaccines by partnering with renowned universities and academia, investing the company’s own money in it, raising capital from other countries, and building capacity, even though being in a legacy business, which is why the company was able to produce vaccines in bulks.

Continue reading

Share Button

The future of air warfare: Securing the skies and beyond

Air Chief Marshal Vivek Ram Chaudhari

Air Chief Marshal Vivek Ram Chaudhari addressing

A potent Indian Air Force in the future will be characterized by an efficient network of sensors, decision-makers, and shooters coupled with firm leadership, advanced ammunition, and modern technology.  

Air Chief Marshal Vivek Ram Chaudhari, PVSM, AVSM, VM, ADC, Chief of the Indian Air Force delivered the keynote address at AIMA’s 7th National Leadership Conclave and here are key points of his discourse.

He opened his address with a verse from the book ‘The Black Swan’ by famous author Nassim Nicholas Taleb; “The Black Swan is an event so rare that even the possibility that it might occur is unknown. It has a catastrophic impact when it does occur. And it’s always explained in hindsight as if it was actually predictable”. He further added that in the last 2 years, the world has witnessed another Black Swan event in the form of covid, that no one had predicted. The impact of the virus has been catastrophic across the world, and the theory on the origins of the virus is yet to be developed. Similarly, we have also witnessed unprecedented development in technology, which has totally changed the way we live and work. With the advent of the Internet and social media platforms, the world has become a very small place.

Traditionally, we always looked at a soldier on a battlefield, a sailor on a ship, or an airman in an aircraft as combatants who fight wars. A college student creating memes, a youngster sitting in front of a computer, a banker analyzing the fiscal health of a company, a diplomat making foreign policies would also be the combatants waging wars in the future alongside the soldier, sailor, and airman. All these scenarios add up to the term- ‘Comprehensive National Power’. In modern warfare, the comprehensive national power of a country must be brought to bear on the adversary, if we were to want a decisive victory.

Continue reading

Share Button

Technology in Higher Education: Mohandas Pai sheds more light

TV Mohandas Pai

TV Mohandas Pai addressing AIMA’s Vice-Chancellors Council Session 2022

The university of the future will be a collaborative university. It will be a part of the network, but will be technology-led, said Mohandas Pai, Chairman, Manipal Global Education Services at AIMA’s Vice-Chancellors Council Session 2022.

The two major things that have impacted Higher Education in terms of technology include;

1. the massive shift in human habits toward digitization

2. the Industrial Revolution after which education came into actual being.

Mr. Pai further explained that out of 7.8 billion people on the planet about 5.2 billion have access to the Internet. Everything that we need, from supplies to entertainment, from education to banking or even other services like medical or health, etc is available digitally. The massive shift has taken place because of the growth of digital technology, with the pandemic giving more impetus to it. So, there are going to be major changes in any facet of human life including education.

Continue reading

Share Button

How to think like and then become a monopolist? Saurabh Mukherjea explains

Image

‘Monopoly’ is not a good word to reckon with, Saurabh Mukherjea, Founder & Chief Investment Officer, Marcellus Investment Managers busts this myth during AIMA’s 32nd LeaderSpeak session with Mr Mohandas Pai, Chairman, Manipal Global Education Services on “India’s monopolists, their business models and business management.

Saurabh Mukherjea, Founder & Chief Investment Officer, Marcellus Investment Managers addressing AIMA LeaderSpeak session.

Saurabh Mukherjea, Founder & Chief Investment Officer, Marcellus Investment Managers addressing AIMA LeaderSpeak session.

‘Monopoly’ is not a good word to reckon with, however, companies are going for a paradigm shift to own the “monopolistic” identity. India’s biggest monopolists keep a low profile, they drive low-cost cars, they don’t make appearances for movie premieres or buy cricket/football teams. He further adds that the psychological approach of a monopolist is to be grounded and focused, rather than being caught up in the media hype.

A monopolist who endures is also someone who has relentless hunger. A classic example, Harsh Mariwala, Founder & Chairman, Marico, talks with the same hunger for the growth of his company as he would do 20 years ago. “If you keep yourself hungry then the country can give you endless growth opportunities,” says Mukherjea. And what is more interesting about it is that it is harder to keep yourself hungry than to enjoy what you have in plenty.

Continue reading

Share Button

Skilling for the digital future with Anant Maheshwari

Mr Anant Maheshwari, President, Microsoft Corporation India Pvt Ltd deliberating on 'Skilling For The Digital Future’ at AIMA LeaderSpeak session

Mr Anant Maheshwari, President, Microsoft Corporation India Pvt Ltd deliberating on ‘Skilling For The Digital Future’ at AIMA LeaderSpeak session

Every industry, every company, all of us have become more digital. Just to take a personal example imagine and remember what you were doing five to ten years back and your life today as an individual and as a professional and the number of skills that you have intuitively picked up over time in driving your own work today.

The big question around tech adoption is basically what platforms you use and how much do you use of those platforms? So if you ask how we think about tech platforms today, there are a lot of platforms available to simple ones that you use daily like social chat applications, maps, search that you use on the internet or it could be some applications that you use for your productivity or even to track weather data or any other news.

Continue reading

Share Button

Proactive thinking is critical in a downturn

This article by Sanjay Kirloskar, President, AIMA was published in ‘The Hindu Business Line’ on 26th October 2019.

Sanjay Kirloskar, President, AIMA

Sanjay Kirloskar, President, AIMA

Managing business has only gotten tougher, as the domestic economic slowdown has added to the challenge of technological and trade disruptions. India’s economy has been slipping for a few quarters, and expectations for the future are tinged with Worry. Quite a few sectors are feeling the pinch, and it has become a challenge to achieve growth or even sustain performance. However, bad times are good for house-cleaning and reorganisation. The pressure to survive can be used to become fit for growth.

It is instinctive to retreat into a shell now, but it is not a safe option with the business environment changing fast. A scramble to save money only fulfils the prophecy of doom. Worse, it damages the organisation’s vitals. As Warren Buffet said: “When others are fearful, be greedy”.

Continue reading

Share Button

Future Proofing Yourself – Catherine Wolfram addressing AIMA

Catherine Wolfram, Acting Associate Dean & Prof of Business Administration, Haas School of Business talking about Mentorship and Future Proofing Yourself at AIMA’s women-centric programme, PRAGATI 2019. Excerpts –

Catherine Wolfram at AIMA

Catherine Wolfram, Acting Associate Dean for Academic Affairs & Cora Jane Flood Professor of Business Administration at Haas School of Business, University of California- Berkeley

I wanted to start by giving a little background on myself and then share a couple lessons. I’m an economist, I earned a PhD and I’ve been a professor for over 20 years. My research focus is on energy and I’ve done several projects in India, although much to my great regret I don’t have a current project ongoing in India. I’m moving into the role of associate dean which is about as close in academics as you get, to being in a management position. In general, academicians are kind of single-minded and they don’t have much taste for being managed. It’s a very non-hierarchical environment, but as I said the associate dean is kind of as close to management as you get. I wanted to share my experiences, though I know that since I’ve been in the US and I’ve been in academics and not in business my experiences have been different from yours, but I think there’s still some general lessons that I can share.

Continue reading

Share Button

Pole-vault in the age of disruption – Nandan Nilekani at AIMA

Nandan Nilekani, Co-Founder, Infosys & the catalyst of digitisation in India, addressing AIMA’s 63rd Foundation Day 2019. Read Excerpts –

Nandan Nilekani addressing AIMA's 63rd Foundation Day.

Nandan Nilekani addressing AIMA’s 63rd Foundation Day.

I think the topic – Innovation in the age of disruption – is very important. We tend to think that innovation is about 23-year olds wearing hoodies doing things, but in some sense, the innovation in India is happening by everybody at all levels. Innovation can happen in the private sector, the public sector, whether you are young, whether you are old, it really doesn’t matter. It is really the mindset of bringing new ideas into play. Ideas are really what makes a difference, and if you are able to get your ideas and get them embedded in the system, then anything can happen.

Innovation can come from anyone whether they are incumbents, challengers, young or old, in the private sector or in government; and I think that’s the spirit in which we need to think of innovation in this age of disruption because clearly disruption is a given, the velocity of change is unprecedented. Technology and many things are causing velocity, that we have never seen before, the knowledge accumulation is happening at a phenomenal pace, more knowledge was created in the last six months then the previous thousands of years, we are seeing the rise of data in unprecedented ways, we’re seeing companies accumulate huge amounts of data, thanks to smartphones they are using more data and tomorrow as we sensorize the world as every device every car everything has a sensor, then the data is going to be even further bigger than what it is today.

Continue reading

Share Button