Thriving amidst Turbulent Times - JBIMS presents Samanvay '13

On the 15th of March, 2013 Jamnalal Bajaj Institute of Management Studies hosted the Annual Corporate Symposium, Samanavay’13 at the Mumbai University Convocation Hall.

This was the first time this event was opened to other esteemed B- Schools across Mumbai. The event saw enthusiastic participation from students at JBIMS and other B-Schools. The theme for this year was ’Thriving amidst Turbulent Times’[/b]. Fiscal 2012 was a difficult year for Indian corporates. Slowing economic growth, faltering industrial demand due to lower capital expenditure, a weak rupee offsetting the benefit of falling global prices of commodities, sliding export growth, and high interest rates weighed on growth and profitability of companies. At Samanvay’13 we tried to understand the values, business models, and management philosophies of corporates that withstood the pressures of a post-subprime era when global markets plummeted. Through this symposium we learnt from the stalwarts of the industry their secret to surviving.

This year we hosted Mr. Kapil Garg, Co -founder, OilMax Energy Ltd and Former Managing Director, British Gas. Also we had the privilege of having amongst us Mr. Keval Handa, Chairman – Medybiz Pharma Pvt. Ltd, Promoter Director – Salus Lifecare Pvt. Ltd. and Former Managing Director - Pfizer Limited, India.

Mr. Kapil Garg, in his novel way, looked at economic crisis as a time to look out for opportunities. He emphasised that staying in motion, adapting to changes and innovating are the best ways of effectively handling an economic crisis. His parting advice for the batch was “Crisis for one is an Opportunity for another”

Mr. Keval Handa brought to light the impact of the global meltdown on India. He highlighted ways of managing the turbulence in Corporate India. He emphasized on the need of new leadership to emerge.

This was followed by a panel discussion where the theme was further probed into by the enthusiastic gathering. The panellists patiently addressed the queries of the students, arming them with unique perspectives and a much deeper understanding of the issue.

True to its promise, Samanvay’13 has shown us a new way of looking at crisis and finding hope for the future, in tune with its vision of – Nurturing Ideas, Igniting Minds.

 

[Swaswati Borpuzari]

In the heart of a dynamic and ever-evolving economic landscape, the Jamnalal Bajaj Institute of Management Studies (JBIMS) once again demonstrated its commitment to fostering leadership and innovation through its annual management fest, Samanvay '13. The theme, "Thriving Amidst Turbulent Times," resonated deeply with the challenges faced by businesses and economies worldwide. As global markets grappled with financial uncertainties and technological disruptions, Samanvay '13 provided a platform for students, industry leaders, and academics to come together and explore strategies for resilience and growth.

The fest kicked off with a series of keynote addresses from prominent figures in the business world, who shared their insights on navigating through turbulent economic conditions. These sessions were followed by a plethora of competitions, workshops, and seminars designed to challenge participants and equip them with the skills needed to thrive in a rapidly changing environment. From case studies that simulated real-world business dilemmas to interactive workshops on emerging technologies, the event offered a comprehensive learning experience.

One of the highlights of Samanvay '13 was the panel discussion on "Innovation in Adversity," where industry veterans discussed how companies can leverage innovation to not only survive but also flourish during economic downturns. The panelists emphasized the importance of adaptability, creativity, and a forward-thinking mindset in overcoming obstacles and seizing new opportunities.

The fest also featured a startup showcase, providing a platform for emerging entrepreneurs to present their ideas and connect with potential investors. This segment underscored the role of entrepreneurship in driving economic growth and creating new avenues for success, even in challenging times.

Samanvay '13 was not just a celebration of academic and professional excellence; it was a call to action for the next generation of leaders to embrace change, innovate, and lead with confidence. As the event drew to a close, participants left with a renewed sense of purpose and a deeper understanding of the strategies and mindsets needed to thrive in a world of constant change.

 

[Dhruv Bindhani]

On March 15th, 2013, Jamnalal Bajaj Institute of Management Studies (JBIMS) hosted its Annual Corporate Symposium, Samanavay’13, at the Mumbai University Convocation Hall.

This year marked a significant change as the event was opened to other esteemed B-Schools across Mumbai for the first time, leading to enthusiastic participation from students beyond JBIMS.

The theme for Samanavay’13 was "Thriving amidst Turbulent Times." This theme was particularly relevant given the challenging fiscal year 2012 for Indian corporates, characterized by slowing economic growth, faltering industrial demand, a weak rupee, declining export growth, and high interest rates. The symposium aimed to understand the strategies, business models, and management philosophies of companies that successfully navigated the pressures of the post-subprime global economic downturn.

The event featured two prominent industry stalwarts:

• Mr. Kapil Garg, Co-founder, OilMax Energy Ltd and Former Managing Director, British Gas.
• Mr. Keval Handa, Chairman – Medybiz Pharma Pvt. Ltd, Promoter Director – Salus Lifecare Pvt. Ltd. and Former Managing Director - Pfizer Limited, India.

Mr. Kapil Garg shared his unique perspective, viewing economic crises as opportunities. He emphasized the importance of staying in motion, adapting to changes, and innovating as effective ways to handle economic turbulence. His concluding advice to the batch was, "Crisis for one is an Opportunity for another."

Mr. Keval Handa discussed the impact of the global meltdown on India and highlighted strategies for managing corporate turbulence, stressing the need for new leadership to emerge.

The symposium concluded with an interactive panel discussion, where the enthusiastic audience further probed the theme. The panelists patiently addressed student queries, offering unique perspectives and a deeper understanding of the challenges and solutions.

Samanavay’13, true to its vision of "Nurturing Ideas, Igniting Minds," successfully provided a fresh outlook on crisis and instilled hope for the future.