XLRIs X-Tend 2014 sees participation by Eminent Academicians and Industrialists

XLRI Leadership series a student body of XLRI Jamshedpur organised X-Tend 2014 Leadership conclave on April 17, 2014 in association with the Centre of Global Management and Responsible Leadership (CGMRL). The conclave brought together eminent academicians and industrialists to discuss about Designing Future ready Organization.

The flagship event of XLRI Leadership series had the panel comprising industry leaders such as Mr. Arup Datta- Technical Director, KPMG; Mr Ritesh Ghosal- Head-Brand Marketing ,Tata Teleservices; Ms Sujitha Karnad- Group HR, Mahindra & Mahindra; Fr Oswald Marcarenhas- JRD Tata Chair in Business Ethics at XLRI among others along with the moderator Dr Jitendra Singh- Chairperson, International Relations, XLRI. Fr. E. Abraham, S.J, Director, XLRI , while inaugurating the event explained the importance of external environment by taking an example of studying the pond to understand a frog and put forth an analogy that to understand an organisation one needs to understand the external environment.

The discussion began with an enthusiastic opening by Dr. Jitendra Singh mentioning Being good today would not guarantee success for tomorrow. Organisation should evolve with the changes happening in the external environment. Carrying forward the panel discussion, Mr. Ghosal said I dont have a recipe for future organizations but I have a quest for the same.In his view it is important to synchronize the value proposition of the consumer with that of the organization. Ms. Karnad shared her expertise by giving the HR perspective. She acknowledged the rise in entrepreneurship and disruptive innovations by start-up.

Fr Oswald Marcarenhas shared his views at the conclave from an academicians perspective. According to him to be ready for future, organizations should be Creative, Innovative, Imaginative and Intuitive. In his view when organisations talk about future they should have the next 5 to 10 years time period in mind. Future of the organisation depends on its structure, levers and the challenges and on how well the organisation is designed today.
Mr. Datta, referring to current organizations as version 2.0 and the future ones as Organization 3.0, briefed upon how organizations evolved. He said empowerment is important and it is critical for organizations to be agile and flexible. He also mentioned that in future ones Problems will be so complex that organizations and consultants have to constantly collaborate.

Students of PGDM (GM) also interacted with the industry stalwarts. Panel discussion concluded with the thought that Environment keeps changing at a very fast pace and in an unexpected manner; Design is a concept and organisations concretize it, thus once its concretized it becomes difficult to change.

Another important aspect that emerged following the discussion was the focus on uncertain future. Organisations need to be ready to face the uncertain future and for this the need to be agile and on the toes to meet the future.
XLRI Jamshedpur is a premier, private management school in the country founded in 1949 by Fr Quinn Enright, S.J. in the Steel city of Jamshedpur, Jharkhand. Over the last few decades, XLRI has striven to contribute to the professional growth and management of innumerable institutions that serve the public, especially organized industry, labour, service agencies engaged in rural development, education, health and other public systems.

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