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Tips from Top – " Heath Care: An Exciting Opportunity”. Mr. Gaurav Malhotra, Managing Director, Medicover Healthcare
of Management and Industrial Engineering hosted a seminar by Mr. Gaurav
Malhotra, Managing Director, Medicover Healthcare who provided a clear and
in-depth insight into the profound opportunities that the health care industry
has and how the industry is adapting and changing with time. Medicover
healthcare is an institution that believes in empowerment, integrity, teamwork,
passion for quality and Entrepreneurship.
began the presentation by a quote by Albert Einstein which talks about how easy
it is to make simple things complex and how difficult it is to make complex
things simple. He then went on to successfully explain the complicated concepts
in the healthcare in simple terms that can be easily understood irrespective of
background. He explained that, leadership behavior to him meant that one
must be able to take decisions based on customers’ needs, must know how to
unleash potential and must lead by example.
explained how the healthcare system has evolved over the age in India. While
the 1980s were familiar with large government hospitals and private nursing
homes, the trend gradually shifted to multispecialty and corporate hospitals
and recently we see an emerging inclination towards “medi-cities”. Indian
healthcare is positioned for a robust growth. The health care necessities can
be categorised as Environmental health needs, basic health needs, medically
necessary needs, health enhancement and optimal health. Depending on which
income group an individual belongs to, he or she will aspire for the optimal
healthcare.India is obsessed with
growing economy. But unless we have a healthy nation, our economy would not
improve. In the recent times there has been high growth rate in the health care
industry in India due to the increase in disposable income, increase in
diseases, population growth and insurance coverage. In fact, India is expected
to be in the top 3 in the World in healthcare market in 2020.
There has been a paradigm shift in the
perception of healthcare. He explained how from conventional medical centres it
has changed to state of art corporate setting, from long stay in hospitals to
short stay and outpatient services; from unorganized sector to organised
sector, from curative to preventive, from no quality check to quality service
and accreditation, from travel to urban areas for treatment to availability of facilities
in tier 2 and tier 3 cities and many such shifts. The amount of money spent on
healthcare is the maximum while we are sick and terminal. We tend to go to
hospital or avail medical services when we feel acute pain. The screening,
diagnosis and preventive care are still at a very nascent stage.
Mr Malhotra then talked about the 4 A’s:
Affordability, Assurance, Awareness and Accessibility. Even though everything
in government is free, 68% of the Indians do not use public healthcare. He
asked students opinions on what might be the reason for the lack of trust on
the government health services. The discussion brought forth different views on
the issue. He explained that India has a huge shortage when it comes to beds,
nurses and doctors when compared to the WHO guidelines.
Why is India
such an attractive opportunity for healthcare business? Mr Malhotra explained
that India has a huge demand right now. Whenever a family has a disposable
income there are two places they will invest; child education and medical
facilities. With the increasing per capita income of India, the country is an
attractive market for medical business. India is the cardiac, cancer and
diabetic capital of the world. The sedentary lifestyle is a major contributor
to many diseases. To make India aware of the healthy lifestyle requires a big
paradigm shift. The purported risk of lifestyle disease in India is expected to
boost Industry sales figure. In the near future it is the private sector who
would be the major player. Mr. Malhotra then walked us through VUCA
(Volatility, Uncertainty, Complexity and Ambiguity) and how it is applied in
the healthcare sector.
Mr. Malhotra shared his views and thoughts about life. Hard work and smart work
are both required for success. One cannot be successful without endurance. He
emphasized on the importance of the continuous learning and how the thirst for
knowledge will define success. This was a tremendous addition to the seminar.
For students just about to step into the corporate world in near future, it is
an invaluable advice from a person who has been a part of it for years. The
seminar concluded by Mr. Malhotra taking questions on the growth of healthcare
and the coexistence of online and physical healthcare.
“It is not the strongest of the species
that survive, nor the most intelligent, but the one most responsive to
A new zeal, vigour, and an
unquenchable thirst for proving oneself is what describes MBA batch of 2019-21.
52 of us set foot on the pavement of a new journey and needless to say it has
been unprecedented. Be it the early morning presentations, the stark midnight
deadlines, or the never-ending case studies covering the gamut of concepts and
context, each one of these activities can vouch for it. It has hardly been a
month, yet the batch has acclimatized well with the life of one the most
coveted institutes in the country, IIT Kanpur.
For most of us, this is the
desired path, and for the rest, it is an opportunity to relive their school
days. Since we are in a place that has no norm and instead offers endless
diversity, there will always be something that entertains and challenges us. It
is time we took this opportunity to build a lasting relationship with our
The journey of a thousand miles begins with a single step
– Lao Tzu.
The energy of the Indian subcontinent unified at the gates of IIT Kanpur when we started our much- awaited journey of MBA. The pre-assignments and admission process gave us a much-needed glimpse of life ahead of us. With all glittering hopes, we, the 54 minds embarked on an endeavour to achieve our dreams and here we are, introducing our remarkable 2018-2020 batch with immense pride and responsibility wearing the badge of IIT Kanpur.
For most of us, who have prior work experience, it is a back to school time and for the rest, it is an aspired path by choice, now that we are in our new home, it is time for us to build an everlasting relationship with our peers and let the world know about us. With the get-up-and-go attitude, the diversity of the 2018-2020 batch is one of a kind with studen…
Mr Vikash Kumar,
Chief Digital Officer at Trident Group India Ltd, visited the IME department at
IIT Kanpur along with his colleague Mr Mohit Goel, GM at Digital Trident, on
the 3rd of September, 2016. Talking about the changing scenario of
digital marketing and the challenges and opportunities that it poses for
today’s marketing managers, he shared his insights as the Chief Digital Officer
of the textile giant Trident India Ltd, about the marketing and branding
strategies being followed in the current scenario.
Mr Kumar stressed upon keeping the session as informal and
interactive as possible, making it into a dialogue rather than a one-way
lecture. He started with defining digital marketing as a medium that provides
two way flow of information or communication on world wide web.
He emphasized on how the rapidly changing world of digital
marketing has made textbook knowledge insufficient, and further emphasized the importance
of learning on the job, staying unique, and believing in o…