Campus News

Talk by Mr. Pramod Padmaprabhaiah

SDMIMD organized a talk by alumnus Mr Pramod Padmaprabhaiah as part of the Prerana Alumni Lecture Series on November 25, 2019.  Mr Pramod is currently working with NTT Data Services as Global Enterprise Applications Leader.
 
In his talk, Mr Pramod presented the concept of ‘Gig Economy’ and explained how small activities become a part of Gig Economy extending a monetary benefit. Mr Pramod mentioned that scaling some activities in terms of monetary value can be a complex task at times and the law-making bodies find it difficult to make policies for these. It is believed that 2023 over 6 million people will be a part of the Gig Economy. The speaker explained how Bloggers, Youtubers, Craftspeople, Stack photographers, Freelancers, Software and Web designers constitute and influence Gig Economy. Further, he touched upon the characteristics of the Gig economy with examples of ‘Kaggle’ and ‘Amazon Mechanical Turk’.  The talk concluded with the discussion on the four major connections in the Gig Economy i.e. Place, Routines, Purpose and People.  

Workshop on Strategic Management

Dr Sebastian Chantelot, Director of La Rochelle Business School & Vice Dean – Academics of Excelia Group conducted a workshop for the 2nd year PGDM students of SDMIMD on 15th and 16th November 2019. The theme of the workshop was “Strategic Management”
 
Dr Sebastian gave insights about global strategic management practices and also elucidated the strategies for sustainability and development in the industry. He also discussed the strategic process which includes, strategic position, strategic choices and change management and which needs to be incorporated in the business practices. He also explained the different techniques of identifying the competitive advantages and key resources of an organisation. 
 
Dr Sebastian also elaborated the Strategic Innovation aspects which are key to the success of business in today’s competitive business environment. He also discussed the various CSR and Stakeholder Management practices to be adopted by the business houses to ensure sustainable growth and development of the organisation.
 
The workshop was interesting and interactive which was followed by a case study given by him for analysis, where the students made a presentation and took an active part in the discussion of the case.

5th International Economics Conference – 2019 (IEC 2019)

 
The 5th International Economics Conference - 2019 was organised on November 15 & 16, 2019 on the theme of “Economic Growth and Sustainable Development: Emerging Trends”. The two-day conference was inaugurated by Dr. Sébastien Chantelot, Director of La Rochelle Business School & Vice Dean-Academics of Excelia Group, France. Read More>

Workshop on "Development Banking and Inclusive Growth"

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A Pre-Conference Workshop on “Development Banking and Inclusive Growth: Emerging Trends” was organised on November 14, 2019 as a part of 5th International Economics Conference – 2019 (IEC 2019). The workshop was inaugurated by Mr. Srinivas Acharya, Managing Director, Sundaram BNP Paribas Home Finance Ltd. In his inaugural address, Mr. Acharya spoke about Infrastructure Finance and emphasized upon the changing economy and banking culture and proposed a solution in a witty remark; saying that risk management should be married to technology. He concluded his speech stating that banks take more time to evolve and change to match the trend, hence the government should aid development banking to balance the economy.

Dr. H. Gayathri, Deputy Director, welcomed the participants. Dr. B. Venkatraja, workshop coordinator, introduced the theme and background.

The one-day workshop has deliberated on the various dimensions of the theme. Mr. Pankil Sanghvi, Partner at BDO India LLP addressed the gathering on Indian policy and regulatory aspects relating to development banking and their macro-economic impact. Mr. Surya Panda, Head-Credit, Samasta Microfinance Ltd. was the other invited resource person and he shared his perspectives of development banking from the angle of microfinance. Dr. Yashavantha Dongre, Professor (Rtd.), Commerce, University of Mysore, overviewed the issues of dual regulation, size and governance in Indian co-operative banking.

The growth implications of the current banking crisis were deliberated through a panel discussion.  Mr. K P Pradyumna, Ex- Chief Lead District Manager, Lead Bank, Dr. Narayan Kayarkatte, Ex-Banker & Academician and Dr. Yashavantha Dongre, UOM were the expert panellists. The discussion was moderated by Dr. B. Venkatraja, Asst. Prof. Economics, SDMIMD. 

IEC 2019 Valedictory Address by Mr. Viju Parameshwar

The 5th International Economics Conference - 2019 on the theme of “Economic Growth and Sustainable Development: Emerging Trends” was organized on November 15-16, 2019. Sri. K.R. Viju Parameshwar, Former President & CEO, Kluber Lubrication India Private Limited was the Chief Guest to the Valedictory Session. In his valedictory address, Mr. Parameshwar raised concerns on the current macroeconomy, suggested the possible policy actions for development and also predicted the future trends as well. He reiterated the statement by Milton Friedman “business of business is to make profit. Shareholder return is sole aim of business and hence business is materialistic”. The speaker was apprehensive that wage inequality was increasing, and more could be achieved only if the country is less unequal. Inequality reduces growth, undermines democracy and creates deceleration in public investment. Mr. Parameshwar ponder upon the measures to improve the economy scenario were implement social safety nets, government intervention to limit monopoly, revival of liberal Keynesian model, bring stakeholder welfare as focus of business, and capital gains to be taxed fairly. Further, he presumes that technological disruptions that are underway will affect income at bottom line. Hence, re-skill and upskill the workforce is required for sustainability.  
 
Dr. H. Gayathri, Deputy Director, SDMIMD, presided over the function. Dr. B. Venkatraja, Conference Chairperson, proposed vote of thanks.