INDIAN MANAGERS NEED TO TAKE MORE RISK AND INNOVATE
— Dr. Azhar Kazmi
Indian Managers are known for contextual sensitivity; they have good job knowledge and are also good team workers. However, there are certain weaknesses as well which need to be addressed in the managerial workforce in India. These primarily include short temper, lack of risk taking and innovation, as well as inability to develop the junior human resources. This was stated by Professor, Department of Management & Marketing, King Fahd University of Petroleum & Minerals, Saudi Arabia, Prof. (Dr.), Azhar Kazmi. He was speaking at the Orientation Programme for the new batch of students to the MBA Courses of Hospital and Health Management, Pharmaceutical Management and Rural Management at IIHMR University as the Chief Guest.
Dr. Kazmi further said that trends like globalization, internationalization, overwhelming presence of social media, among others is contributing to the growth of demanding consumers. This further leads to pressures of Quality Management, Human Resource Management and Development on organizations.
Earlier in his Welcome Address, President, IIHMR University, Dr. Pankaj Gupta encouraged the students to always have a learning attitude to be successful in life. It is important to understand the difference between the terms ‘effectiveness’ and ‘efficiency’. While efficiency is like running fast, effectiveness translates to running fast in the right direction, added Dr. Gupta. He also advised the students to build networks and positive relationships in the course of their academic journey.
The students were also addressed by other eminent speakers as well. President, Indian Association for Study of Population, New Delhi, Dr. U.V. Somayajulu said that the purpose of education is the welfare of the society. Of all kinds of wealth, education is the most important one. He also said that healthy competition and time management will eventually lead to success.
State Program Co-ordinator, United Nations Population Fund, Jaipur, Mr. Sunil T Jacob said that students need to cultivate a passion for learning new things. They should also focus on developing their writing skills, he added.
Chief Operating Officer, PD Hinduja National Hospital & Medical Research Centre, Mumbai, Mr. Joy Chakraborty gave a glimpse of how India is dominating in the healthcare sector across the globe. In the US, every 5th patient is treated by an Indian physician while every 7th medicine is of an Indian brand, he pointed out.
Director, Anayaha Capital Limited, London (UK),Mr. Amlan Bhusan said that while research is an extremely important part of education, it should also be supplemented with effective publication. He also stressed on the need for promotion of entrepreneurship in campuses as well as right nutrition.