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Redefining Globalization: Can Asia Lead The World?

Indian Institute of Cost and Management studies and Research (IndSearch) organised a national seminar cum research paper competition on 19th and 20th January 2018. The theme of the seminar was 'Redefining Globalization: Can Asia Lead The world?'

            On 19th,the inaugural ceremony commenced with lighting the lamp followed by felicitation of the guests by our Director General Dr. Ashok Joshi.

The key note speaker for the seminar was Mr. Vishwas Chitrao, an IIM-Ahmedabad alumnus and has over 35 years of experience with TATA motors worldwide, covering assignments in several key functional areas and culmination as CEO of an international subsidiary. He stated that, it is not that Indians are lacking behind in brain power but they are lacking growth in Research & Development. Hence we must start changing ourselves." He briefly explained the present situation of Asia and what Asia must do to move ahead. Mr. Chitrao urged students to be the change that they want to see.

The next speakers were Mr. Advait Kurlekar and Mr. Eklavya Malhotra from Upohan Management Consultants. Mr. Kurlekar has done his  Advanced Management Program from The Wharton Business School and has over 23 years of experience in industry in  management consulting. He has also worked in leading organization like TATA motors. Mr Malhotra is an MBA and has been a part of 'Upohan' since its inception. Over the last seven years they have been involved in consulting engagements across Upohan's bouquet of service offering ranging from strategy articulation to execution.  Both the speakers highlighted various aspects of the Asian economy focussing on India, China, Japan and Korea. They dwelled upon the reasons why Asia in spite of being a strong contender for leadership was not able to lead.

            The second half began with the research paper competition. The paper presentations were based on the theme of the competition. The participants presented their papers in General Management, Financial Management, Marketing Management and Human Resource Management tracks.  

After the presentations, judges Prof. Sham Wagh and Prof. Vivek Keskar scored the participants. Third position was shared between two groups Ritika Patwardhan – Yashraj Bhalerao and Shantanu Shukla – Afsha Jabeen Bangi. Varad Mane and Saniya Sirdeshpande secured second position and Sachin Bhurase got the special prize through Dr. Ashok Joshi. Dr. Ashok Joshi expressed his views about the topic and also covered the current scenarios.

            Day 2 had eminent speakers from Academicia. The first session was by  Dr. Santosh Dastane,a Doctorate in economics and having an academic experience of over 40 years. He started his speech by explaining the process of integration and also mentioned the 4 weapons of global operations. In his opinion, the final aim should be 'to achieve higher growth rate, literacy rate and to reduce poverty and inequality.’ He talked about FDI and FPI. He compared India and China through their per capita income.

The next speaker Dr. G K Shirude, a PhD in management with an academic experience of 38 years explained that Globalization needs to be redefined in light of the dynamic economic demographic and political scenario. He focussed on the various aspects of achieving leadership and the necessary conditions for the same.

The Seminar ended with a vote of thanks to all speakers.