Business School News

FMS  celebrates Golden Jubilee with a grand Convention

Faculty of Management Studies, Delhi held its annual Corporate Mega Event ‘Convention 2003’ to celebrate its golden anniversary on the 29th of November and attracted a galaxy of corporate stars. FMS was incepted way back in the year 1954. FMS was the brainchild on the great Dr. V.K.R.V. Rao, the eminent economics professor of Delhi University. It was built on the efforts of luminaries like Prof. Dasgupta, Dr. P. N. Dhar and Prof. Abad Ahmed. The daylong ‘Convention’ was divided into three sessions. The seminar’s focus was on the “Essence of Leadership”, a topic that the speakers relished. Dr. F. C. Kohli, Former Vice Chairman, TCS, considered by many as the father of the Indian IT industry, inaugurated the seminar.

 

The 50 year passage has been a steep learning curve for the institution, during which it has carved a niche for itself as one of the premier B-schools of India. It helps in being steeped with history and to be associated with some of the most eminent faculty in India. No wonder the landmark year holds a great significance for FMS.

 

The first session focused on the leadership mantra. Mr. Ravindra Kumar, Executive VP, Credit Lyonnais, Mr. T. N. Ninan, Chief Editor and Publisher, Business Standard Mr. Mahendra Swaroop, CEO, Times Internet Ltd.,  Major General Khurana,Director General, AIMA were the speakers, all of them leaders in their own right.

 

The second session turned to address the very important issue whether management education system was helping in creating leaders. The panelists consisted of the likes of  Mr. Arun Maira, Chairman, BCG, Mr.Satish Pradhan, Executive VP, HR, Tata Sons,  Mr. Ashok Chandra, Former Secretary, Human Resource Development, GOI, Prof. P. G. Apte,

Resource Development, GOI, Prof. P. G. Apte, Director, IIM Bangalore and Prof. S. L. Rao, Former Director General, NCAER and founder member, FMS.  The panelists were concerned whether we were simply producing drones who are driven externally instead of leaders having an innate desire of pursuing their goals. In that light, management students often make excellent managers but  fail as ‘creative leaders and entrepreneurs’.

 

In the third and final session the day, the panelists discussed the role of leadership in corporate world today. Corporate leaders shared their views on how the leadership role has changed in an enterprise. The eminent panelists were- Dr. P. Balasubramaniam, Director, Infosys Leadership Centre, Mr. Rajeev Karwal, CEO and MD Elotrolux Kelvinator Ltd, Mr. Sunder Hemrajani, Executive Director- Sales Pepsi India and Mr. Dhruv Prakash, Practice Leader, Asia-Pacific Region, Hewitt Associates. Mr. Sunder Hemrajani, himself an FMS alumnus, emphasized on innovation leadership and cost leadership followed by execution as the three main contributing factors to the success.

 

The closing ceremony by Mr. Jairam Ramesh provided a fitting end to a landmark day in FMS’s history. Emphasizing the importance of the great educational institutions of India created during the 50’, he hoped that the IIT’s , IIM’s and the FMS’es don a role, which is more than just being  technocratic educational institutions. He spoke of the need for transformations required to ensure that education in itself does not end up constricting horizons in the new modern India.