The dynamics of the world economy is set for a change – with new trade policies and business practices, powered by increasingly sophisticated technology and rapidly adjusting competition, gathering momentum, traditional system of business and predictable developments have taken a backseat. For India, the changing dynamics throws up the challenge to translate the huge workforce lying unutilised in our country into potential drivers of economy.
Indian Institute of Management, Calcutta hosted ‘Intaglio 2005’ as an attempt to inspire the business leaders of tomorrow to look for avenues that can transform such opportunities into engines of our economy's growth.
The fourth annual chapter of the event began on Friday with the theme – ‘Excelling at Managing Change’ and attracted scholars and business executives from all over the world. Drawing on the insights and perspectives of a diverse group of participants, the event tries to demonstrate, debate, and comment upon the relevant issues shaping the economy in times to come.
Speakers at the event include some of the chieftains of corporate India and opinion makers for business and economy. And, topping the agenda at Intaglio 2005, stands the lecture series ‘Reverberations’, where profound insights are shared by celebrated personalities on what lies ahead for organisations in this ever-changing business environment.
Leading off the discussions, Dr Omkar Goswami, former Chief Economist of the Confederation of Indian Industry and consultant to institutions like the World Bank, the IMF, Asian Development Bank and the OECD, said, “The companies must rethink and revolutionise how they do business in India, because most of the potential market lies in the rural sector and is still untapped.”
Speakers like Ajit Balakrishnan of Rediff, Mohanbir Sawhney from Kellogg School of Business and many more would also be voicing their viewpoints at the event. In addition, famed quizmaster Siddharth Basu would be hosting the Business Quiz.
The participant squad includes corporates like, Barclays Capital and State Bank of India as sponsors. With an optimistic outlook, many others corporate houses are also making their presence felt at the event.
However, the event has always been unusual because of its combination of visionary speakers and various interesting competitions; but the student body at the institution claims that Intaglio 2005 format is such that it shall add to the illustrious history of the festival.