MDI holds corporate summit

According to the information shared by MDI, As part of the corporate summit, the students of MDI had the privilege to interact not only with a wide variety of distinguished personalities from various industries but also heard from a serial entrepreneur about the zeal with which a new venture is nurtured.

The summit saw speakers like Mr. Gopala Krishnan, ex CEO, Mobile2win, Mr. Shouvik Majumdar, Head, Technology Services-Royal Bank of Scotland (RBS), Ms. Mukta Arora, VP, Global Sourcing, Eli Lilly & Company and Mr. Pankaj Ailawadi, Sr. Executive HR, Unitech Ltd.

The summit started with the thoughts of Mr. Majumdar on the topic of Managing cultural diversity in times of change. Mr Majumdar said, To emphasize on the importance of keeping the commitments the corporations made to their customers at any cost. Employee welfare, attitudinal orientation, innovative & creative thought leadership, elimination of communication barriers and building & sustaining superior business processes are the nine principle of my company.

Ms. Arora shared his views on Empower your Managerial Expedition by pointing out at the increasing complexity of todays organizations from vertically integrated to globally encompassed networks.

Ms Arora said, The strategic shift of playing bigger than the size by leveraging networks also needs shift in managerial task masters with higher flexibility, adaptability, cross functional and cross cultural risk assessment capabilities. The other aspects which need consideration to build successful networks are the understanding of regulatory, resource and infrastructure spreads, varieties in culture and strategy as well as laws protecting intellectual properties.

As part of his talk on International Entrepreneurship Opportunities and Challenges, Mr Krishnan shared his valuable experience in the aspects of setting up, raising funds for and exiting businesses.

The important steps no entrepreneur should skip in setting up the business are defining milestones & grand vision and interacting with domain specialists to determine the nuances, added Mr Krishnan.