XLRI hosts 1st National Annual Conclave "Synergy 2014"



XLRI hosts 1st National Annual Conclave "Synergy 2014"

XLRI - Xavier School of Management, one of India's premier B-Schools today inaugurates the 1st edition of its National Annual Conclave – "SYNERGY 2014" in Mumbai. The theme for 'Synergy 2014' is "The Role of India Inc. in Reviving the Nation's Growth Story".

The conference organized by 3 of the oldest and most prestigious committees at XLRI- CRUX (Consulting and Research Undertaking @ XLRI), FINAX (Finance Association at XLRI) and AXIOM (Association at XLRI for Industrial and Operations Management) amalgamates two national conferences of XLRI - 'Gnosis' - Annual Finance Symposium and 'Insight'- XLRI's Annual Consulting Conference.

The Day 1 of 'Synergy 2014' witnessed eminent industry leaders such as Ms. Seema Modi (MD, Heinz India), Mr. Krish Shankar (CHRO, Philips), Mr. Avartan Bokil, (Vice President, Group Strategy at RPG Enterprises), Mr. Srinivas Chunduru, (President, HR & Strategy, Piramal Enterprises), Mr. Paresh Nair (Head of Supply Chain at Boehringer Ingelheim, India) amongst others discuss and deliberate on key issues pertinent to business in an era of phenomenal, non-linear change.

At the inaugural session, Ms. Seema Modi (MD, Heinz India) commented, "What set me thinking was the theme. When we think of growth, we always think what the government can do, but this is the first time I really thought over what IT IS THAT MAKES A DIFFERENCE TO A NATION'S GDP growth. Two things that we business leaders need to do, is to be fiscally responsible and socially sensitive. "

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At the event, Mr. Krish Shankar (CHRO, Philips) said, "Indian economy is an economy of complexity and paradox. 20-25 years ago, manufacturing and country's growth, both were closely tied together. In the last five years, things have changed and the role of manufacturing is going smaller. We need to come up with new insights."

Dr. Munish Thakur, Professor, Strategy, XLRI commented, "Recovering from a period of sluggish growth, the Indian economy is still in a formative stage and hence, the kind of actions each stakeholder in India's growth takes in the foreseeable future become extremely important in shaping Indian economy. Changes in business models, renewed focus on innovation, consolidation of the market to extract maximum synergy and transform human talent, a strong financial market built on sound financial intermediaries, elimination of infrastructural constraints and building on the existing supply chain and logistics network are identified as some of the areas which could be explored in the context of accelerating and sustaining India's growth. At SYNERGY 2014, we aimed to provide a platform for healthy discussion on point of views of our eminent panelists on a range of topics with the objective of understanding the present better, building a vision for future and, formulating strategies and action plans to achieve that vision."

"Visionaries", the magazine by CRUX was also unveiled today.

About XLRI:

XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in India founded in 1949 by Fr Quinn Enright, S.J. in the 'steel city' of Jamshedpur (www.xlri.ac.in). Over the last six decades, the institute has grown into a top-ranking business management school of international repute with a wide portfolio of management programs and research publications. Its alumni are spread around the globe and have demonstrated responsible business leadership in their organizations. XLRI continually strives to contribute its mite to the professional growth and management of numerous organisations and institutions across industry sectors.

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