The Department of Industrial Management and Engineering, IIT Kanpur presented the flagship event of Prabandhan – Reflexions on Sept 28th, 2019. The 3rd edition of the event on ‘Tackling challenges of the VUCA world' was concluded with a promising and on a cheerful note. With thunderous applause and riveting questions, the event opened to bridge the corporate world with the real world. Reflexions 3.0 saw the participation of 6 eminent industry leaders and management gurus to share their experiences from their respective trades. They were Karan Marwah, Partner – CFO, Advisory Services, KPMG, Harshavardhan Chauhan, Head-Marketing & digital transformation, DLF Shopping Mall, Neelesh Talathi, CFO, Pepperfry, Hari T N, CHRO, Big Basket, Raj Gupta, General Manager, HR, TCS and our very own Professor, Devlina Chatterjee, Managerial Economics, Applied Econometrics. The talk focused on "How well, can the industries predict the results of their actions in a world of Volatility, Uncertainty, Complexity and Ambiguity." The discussion was further on the different business models, different company structures, different employee profiles, and different leadership roles and how can corporates prepare for a future they can't predict.
Moving to the second half of the discussion, Mr. Raj Gupta said that the people are now expecting the quality of Japanese goods for the price of Chinese goods, which is forcing the business to focus on their style of management and value system. He collected the points from the complete discussion and concluded that the skills required to tackle the challenges of the VUCA world are clarity of thought, flexibility, versatility and data-driven approach.
Concluding the event, the ACR committee put forward the culture of IME Department where the students asked insightful questions to the panel members followed by a group photo. They also distributed the mementos amongst a round of applause to the corresponding officials. MBA IIT Kanpur students are grateful for this engaging and comprehensive session.