AIMA celebrated its 60th Foundation Day & 10th National Management Day on 20th February 2016 at Hotel Le Meridien, New Delhi. The theme of the celebrations was “Smart India”. General Bikram Singh, PVSM, UYSM, AVSM, SM, VSM (Retired), Former Chief of the Indian Army & Chairman, Chiefs of Staff was the Chief Guest. Below is an excerpt of his speech on ‘Smart India’.
General Bikram Singh, PVSM, UYSM, AVSM, SM, VSM (Retired), Former Chief of the Indian Army & Chairman Chiefs of Staff addressing the Inaugural session.
I have been associated with AIMA for a while now and this is the third time I am here. One of the reasons for accepting this opportunity to be here today is also the theme ‘Smart India’. To a soldier, anything that talks about enhancing the honor and prestige of India is something which is very appealing and the event theme ‘smart India’ is indeed very appealing. I am sure, not only to a soldier but to all of us.
As a soldier when I envision the Smart India dream, which has been annunciated by our honorable Prime Minister, the foundation of this dream hinges on technology. It hinges on the digital India. But I think we need to take up more holistic view of this entire dream.To convert it into reality, I feel there are three prongs of the strategy which have got to be borne in mind. The first one is creating the Ecosystem, the environment which is smart. Second, we have to ensure that we have to be able to monitor and manage this environment through E-governance and the last but not the least which we tend to forget is that, this entire dream has got to be transformed into reality by all of us, by the nation. We got to train our leaders, managers and skill the people to make sure that this dream comes true. Therefore, the transformation hinges on all of us.
The theme for the 42nd National Management Convention, the annual flagship event of AIMA, was “Making it Happen: Leadership in Times of High Expectations”, and speakers from different spheres of life shared their views with participants through interactive sessions.
Below is an excerpt from an inspiring speech by Col. Rajyavardhan Rathore (Retd.), AVSM, Minister of State for Information & Broadcasting, Govt. of India at 42nd NMC
Rajyavardhan Rathore, Minister of State for Information & Broadcasting, Govt of India, speaking at AIMA’s 42nd NMC
“Thank you so much! Today the theme is management, high expectations and I am certain that everybody here is an expert in management in various fields of life. You have overcome hurdles, problems, found solutions with out of the box ideas or building on foundations and that’s how you are here today, that’s how your company or students are doing well, that’s how your parents are proud of you and so it’s an honour for me to come and speak to you.
I remember when I was a very young cadet in the military academy and we were given very thin précis on tactics and one of our cadets asked in enthusiasm that if this is all about the tactics then what if enemy gets hold of this and our instructor said this is just a foundation, you need to build on this, these are just the basic principles and rest would be left to your imagination and your ingenuity. So today my talk is no way going to be like précis to you where it’s just words on the foundations and basic things that I in my bit of experience in the armed forces, sports and in politics, whatever I could hear, listen, experience, I am just going to share with you and I am sure you are going to build on it. It’s just the basic foundation that I will speak on.
Excerpt from an insightful speech by D Shivakumar, Chairman & CEO – India Region, PepsiCo India Holdings Pvt Ltd at AIMA’s 42nd National Management Convention held on 30th September – 1st October 2015 at Hotel Taj Palace, New Delhi. The theme for this session was “Disruptive Innovation: Winning By Changing The Rules”.
“Good afternoon ladies and gentlemen. It’s always a pleasure to come for an AIMA National Management Convention. My experience of disruptive innovation is from my own career, working in Hindustan lever when we tried to make accessible and affordable categories like shampoo, face cream, detergent, baby care products etc, for the bottom of the pyramid. Then in Nokia, we made technology which was completely new to the world and accessible in a country like India, we went from something like 80 million subscribers to 900 million subscribers. That was the fundamental shift and now on the new journey of health and wellness platform. So what is disruptive innovation? What examples have we seen over the last decade of disruptive innovation and what we’ll see in the future?
D Shivakumar, Chairman & CEO – PepsiCo India addressing AIMA’s 42nd NMC
Disruptive Innovation is about creating new value! You can create new value through new price point, new quality point, a time dimension, so fundamentally creating new value in any market is a disruptive innovation. You create new market itself. Mobile phones created a new market; tablets are creating a new market, a market which did not exist before. Suddenly you bring something which is a new to the market. Most of the disruptive innovation is led by technology that’s what we have seen and when new entrants come into the market, they do not have old cost. The old costs of legacy players are completely disrupted by these new people with new business models. We have seen this in steel and every other industry. New players tend to have cost structure which is significantly lower and hence their business models are different. Then in the technology world, we see the concept of freemium, everything goes free but they make money somewhere else. So what do you do? How do you compete with something which is free? That is the disruptive innovation.
The 42nd National Management Convention of AIMA was held in New Delhi from 30th September – 1st October 2015 at Hotel Taj Palace, New Delhi. The theme of the 42nd NMC was “Making it Happen: Leadership in Times of High Expectations”, and speakers from different spheres of life shared their views with participants through interactive sessions. KPMG in India was the Knowledge Partner for the Convention.
Below is an excerpt from the speech of Mr Kris Srikkanth, Former Captain of the Indian Cricket team and Former Chairman of the Selection Committee on the theme “Playing It Straight: Keeping Cricket Clean”. Kris Srikkanth’s Speech in AIMA’s NMC 2015
Kris Srikkanth at AIMA’s 42nd NMC
First of all I would like to thank Shiv (D Shivakumar, CEO, Pepsico India) for inviting me over for this function to come and speak at the Aima’s 42nd National management convention. In life, I played cricket and I played it for the passion. In my younger days, I wanted to be an engineer, I mean as usual coming from a typical middle-income family from Chennai the focus was on studies and I never wanted to be the cricketer but then it’s the God’s grace that my passion at the end of the day became my profession, cricket is still my passion.
Mr. T V Narendran, Managing Director, Tata Steel India,South East Asia
Mr. T V Narendran, Managing Director, Tata Steel India, South East Asia speaking at AIMA’s 42nd National Management Convention on 30th Septemeber 2015
The theme of this conference is about making it happen and I think that’s very important. And when I looked at this theme, I was remembering something I heard a few months back from somebody, I don’t remember the name of the speaker but, he said something which stuck in mind and he said – ‘Leadership is about dreams and details’ and I think that’s a very important and crisp way of defining what leadership is about. Because he said ‘you should have dreams otherwise you can’t inspire the people who follow you to follow you and you should have the ability to get into the details because otherwise you can’t make it happen. And if you only have the details and not the dreams then again you are probably not a leader’. So I think it’s important to have this balance between dreams and the details and making it happen is about bridging that balance. So when you look at the Make in India initiative and I think as someone in the manufacturing industry it’s something really exciting for us because after a long time we are all talking of ‘making India’ and we have a government who is making a big splash about it and I think we are really delighted about that because one thing is clear – there is no economy in the world which has made this transition from underdeveloped to developed without having a strong manufacturing sector and even today most developed countries have a bigger share of their manufacturing in their pie than India has.
“Thank you so much for having me here. It’s an honor to be here among such distinguished panelists and an audience like this. I have been in technology for many decades now. I am very passionate about it and I think that it’s changing the way the world works. And I think fundamentally between the internet and social media that’s happening because there is some key ingredient that makes for economic success. Forrester calls this TERA – Trust, Efficiency, Relevance, and Access. Trust is about just being able to tap into the wisdom of the crowd so that you can talk to experts and layman and make an informed decision because you have a lot of information at your fingertips so there is a trust built into that so you are not having a biased opinion. Efficiency comes from just being able to search that and find the information very quickly. Relevance is about just finding the right information and increasingly as platforms are no more about you can actually tailor that content using bunch of fantastic apps come out around that. And then access is obviously about reach.
Below is an excerpt from the speech of Mr. Rajeev Bajaj, Managing Director, Bajaj Auto Ltd on the theme ‘Building World Class Indian Brand’ at AIMA’s National Leadership Conclave.
Rajiv Bajaj at AIMA’s NLC
“I would in the context of today’s discussion tell you a little story about my own self. This is about when I was in college in Pune. I passed out in 1988 and I must tell you I was the most popular student in college and let me tell you the reason why because in 1988 if you wanted to buy a scooter, you had to wait for one and half year. So every professor and student was my friend and whenever they wanted a pair of wheels they had to come to me and make a request. That was the glorious period of “Hamara Bajaj”. I joined Bajaj in 1990 and the financial year 2000 was thankfully the first and last year when the company didn’t make any money making two wheelers. That is how dramatically my world changed from 1990 to the year 2000.The scooter went from having a waiting period to being in a situation where nobody wanted to buy it anymore.
Excerpt from an insightful speech by Vanitha Narayanan, Managing Director, IBM India on “Making Indian Cities Global Centers of Excellence” at AIMA’s National Leadership Conclave 2015 held on 29th & 30th April 2015 at Hotel Le Meridien, New Delhi.
Vanitha Narayanan, Managing Director, IBM India addressing AIMA’s NLC 2015
“I feel honored and privileged to be on the same panel with Minister Naidu on a topic that has been close to my company’s beliefs and heart for a very long time. We coined the phrase smarter planet almost a decade ago and the smarter cities were a subset of the smarter planet and we didn’t at that point say it was going to be a smart planet, it was going to be a journey, it was going to be a continuous journey because a big part of a smarter planet or a smarter city is a sustainable model. A sustainable model that is ecological, financial, based on physical resources that can rejuvenate and also the human model. So we have talked about it a lot, we have heard about it a lot and I think the need for having a smart or smarter infrastructure is a given.
In the session that took place at AIMA Young Leaders Retreat, D Shivakumar threw some light over the subject of managing self, team and business. The session started with one question directed on topic of trying to compare everything with money. Why people come to work is the first question leader should ask. People don’t come for money. Number one reason is does this company have meaning in what it does. So first Thing Company should start talking is about its focus. Why do we exist? Whom do we serve? What do we do? First is purpose. Second reason, believe it or not, is good colleagues. When people come from office and say wow I have good colleagues that would be a good culture, that’s why they come to work. Lot of people think that they would throw money and get good culture, no, that’s not the case. There’s an inverse relation between company with high salary and culture. Banks are the best example. Banks are cut-throat companies, because individual talent matters. And the third is, Progress. Whatever the way it is, in the evening they want to see improvement. They want their CV improved in the end. Now I will tell you the scary part. The current generation will not have the jobs till they are 40. Either their parents will be responsible or they will be so unskilled that nobody will pick them up. Unfortunately India doesn’t have the social security system. Your salary is the only route your family going and builds assets. So my submission to all of you is to tell them to think of career as a marathon, it’s a long time game. Don’t keep jumping for the next 2000 bucks. We are measuring ourselves on the assets and money earned. If you are good, money will follow you. If you have money it doesn’t mean you are good. Take this message to your teams, real value of money you make is after the age of 40. Funny way enough, all the guys are changing jobs, till 40. 40 to 50 is the prime time. You make 200-300% of your savings. Till 40, you are scraping through.
In answering one question about innovation in today’s world, he said, when we think of innovation, we think of adding something new to the world. That’s not necessary. Innovation can be in product, innovation can be in service, innovation can be in business model. Innovation can be in the way you do things. That’s what it is about. And a disciplined way gets you far more results than just brain storming and shooting from rear. There are two components of innovation. Everybody is seduced by the idea, but culture is equally important. Discipline, energy and focus are the pillars for a successful pitch for a leader. If you don’t have these things, you have to be absolute genius to be successful.
AIMA conducted its AIMA Young Leaders Retreat with the theme “Leading in the New Order – Modelling Global Leaders” achieved its objective to create a vision for today’s young managers, who are poised to become tomorrow’s leaders. In his session about effect leadership communication, Roshan Abbas gave an example of Alexander, The Great. It is said that right before the battle Alexander was walking through his troops and he sensed that something was not right. People were seemed almost stuck as like saying what we will do, will we be able to do. So he gathered all his troops together and said I will give you a mantra and this mantra will change your life. He walked up and whispered into the first person in their entire troop that tomorrow morning you have to remember this and said something, and then that passed on to others one by one in that manner. And suddenly everyone was wondering what is going on, what Alexander has told this guy that will make them win the battle. He said to kill the enemy leader. And in the morning all the soldiers started moving with a single aim to kill him and he got scared and fled away. That’s how the battle was won by Alexander. So one simple message communicated by the leaders of the thousands that made him leader of the millions because he was just able to do it at the right time, to give them a one compelling vision and make sure that they would able to deliver on it. I hope you could do that with your lives as well.
Question was raised authenticity is the key right now. Whatever you say quickly gets up in social media. And whatever you said is not authentic, lies get caught very easily in this era. Acknowledgement is a must if someone comes up for e.g. say this thing of yours didn’t work, you must acknowledge it. So through communication, building an authentic type of leadership is important. Other factor which is important is that you have to discover the digital native in you, you have to be on communication platforms or where else your leadership leads to? You really need to partially immerse yourself in the digital universe. Authenticity and Understanding the medium is absolutely critical.
In this world with the data smog, he added, information that is well presented and well managed is a style anybody should carry. There is so much data out there but presenting your data in concise is one important aspect. To craft messages which can pass on easily follows it. Like in those days what Alexander did, he crafted a message which passed on easily and gone across the people. Rest of it would be your own communication style. There are the two different style of communication – visuals or words. That’s our own unique style as well. So there are multiple styles, but you must find your own style.