The theme for the day was ‘Surging ahead in dynamic markets’. The Chief Guest was Mr. Siraj Irani, Managing Director – West Asia, Director Technology – Asia Pacific, Johnson Controls. Mr. Irani addressed the gathering in the inaugural session and spoke at length about the challenges inherent in dynamic markets. He spoke about growth, global dynamics, uncertain markets and stressed on customer centricity and employee centricity as the keys for the future. Being a former alumnus of the Institute he fondly recalled his experiences at SIESCOMS and inspired the students by reiterating that the circumstances / infrastructure don’t matter as long as you have the fire in your belly to excel.
The first session was a panel discussion that revolved around the theme, ‘Surging Ahead In Dynamic Markets’. The moderator was Mr. K.S.Kumar, VP, Castrol India Ltd and the panel included Mr. Mukund Prasad, Director – Corporate Strategy, Business Excellence & Group CIO, Welspun Group, Dr. Prasanth Nair, President & Head – HR & Financial Services, Thomas Cook India Ltd. Mr. Satish Luman, General Manager – HR, Tata Consultancy Services. Mr. Graham Buckley, Head of Employment Law & Employee Relations, Tata Consultancy Services (UK & Ireland). The panel discussed at large about issues regarding recruitments in times of recession, diverse attitudes of freshers, an organization’s role in career planning and the elusive art of work life balance. Post this they fielded a round of questions from the enthusiastic audience.
The second session was on ‘Challenges in Mergers and Acquisitions’. The panel consisted of Mr. M. T. Lakshmanan, Senior Vice President – HR, iGATE Patni and Mr. Murali Aiyer,Co- founder , Saltlabs. Firstly the first year HR students showcased a couple of presentations highlighting their research on the major HR issues in Mergers and Acquisitions, and the stress caused to the employees due to the same. These were appreciated by the panelists who then took over. They spoke about the various methods of mergers and acquisitions and how they have become a feature of the corporate world today. They also stressed on the fact that around 58-70% mergers actually fail, and then enlisted the causes behind this. Then they handled another volley of questions from the audience.
Thus with the end of Nirman, the corporate leg of Virtualities 2012 for SIESCOMS came to an end. The insights the students drew from it were invaluable and will hold them in good stead for the future.