The two day annual symposium hosted by LIBA – Insight ’09 came to a close today after a series of presentations and lectures from the leaders across different industries such as auto, retail, IT, telecom and many more. The presentations reflected the achievements and ideas of the masterminds in developing successful business models. The event was inaugurated by Mr. C.K. Ranganathan, CMD, CavinKare Pvt Ltd. and Chairman, CII Tamil Nadu State Council, followed by the keynote address from Mr. Ravi Santhanam, MD, Hindustan Motors, and a special address from Mr. Bijou Kurien, President and Chief Executive, Lifestyle, Reliance Retail.
In the inauguration address, Mr. Ranganathan scaled out four basic principles of building a successful business which will be adaptive to any uncertainty to the students of LIBA, prospective managers and entrepreneurs of the future.
Mr. Ravi Santhanam proceeded the session with a very remarkable presentation illustrating some exclusive case studies of business models that have been seen developing in certain sectors. With his presentation he well set the tone of the symposium leaving the students and the audience enthralled.
Following that was a special address from Mr. Bijou Kurien, elaborating the “behavioral change in the Indian consumer and the lesson learnt from the West”, which has created a great impact on the retail sector and is expected to keep evolving hence forth. He further detailed on several aspects of the retail business scenario and studies on the changes in the past decade.
Post the special address was a session on digital strategies taken by companies on marketing efforts. The key speakers of this session were, Mr. Satya Prabhakar, CEO, Sulekha.com, Mr. Rohit Mull, Head – Marketing, HDFC Bank, Mr. Rajesh Jain, MD, Netcore Solutions and Mr. David Appaswamy, CCO, Sify Technologies. The session illustrated the innovation and wonders that can be achieved by adopting marketing through digital strategies. This was followed by the session on social entrepreneurship. The session was facilitated by Villgro Innovation Foundation, NalandaWay Foundation and Matchbox Solutions.
The second day of the symposium began with presentations on the business models in Telecom from the market leaders Vodafone, Idea Cellular and Alcatel-Lucent Network. In this segment, Mr. Arnaud Soubelet, CEO, Alcatel-Lucent Network, Mr. Himanshu Kapania, COO, Idea Cellular and Mr. Kumar Ramanathan, CMO, Vodafone, gave an array of informative and educative presentations to the students.
Mr. Kevin Theinemen, Country Manager – India & SE Asia, Caterpillar began the studies on business models in Manufacturing followed by Mr. A. Viswanathan, MD, Visteon India. The student
Post that was the sessions on business models in IT industry from Mr. H R Srinivasan, Vice Chairman, TAKE Solutions, Mr. Jeya Kumar, CEO, Patni Computer Systems, and Mr. Sanmitra Trivedi, Head – HR, Member of Board, Verizon Data Service India Ltd. To address the students from the HR stream, Mr. Sanmitra Trivedi delivered his speech on the lines of the role and effective value of HR in the growth of a business.
The symposium came to a close with the valedictory address by N. Murali, MD, The Hindu, and concluding speech from Fr Christie, Director, LIBA. But going by the true LIBA spirit the conference only came to the end after famous cake cutting ceremony by all the students of LIBA.