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Graduation is a magical time-it is liberating and petrifying in equal measure. It is tradition to invite a noted personality to deliver an address that can rouse the students to step into the real world with courage, motivation and enthusiasm. This book brings together twenty convocation speeches delivered at the greatest management institutes in this country by eminent personalities like A.P.J. Abdul Kalam, Deepak Parekh, Subroto Bagchi, Indra K. Nooyi and Anand Mahindra. It also offers reflections from experts who analyse these speeches, and delves into the art of inspiring communication. Stimulating and inspiring, Success Is a Thief is a must on every bookshelf.

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Economics

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Publié par	Random House Publishers India Pvt. Ltd.
Date de parution	22 août 2015
Nombre de lectures	0
EAN13	9788184007343
Langue	English

Informations légales : prix de location à la page 0,0400€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

Extrait

N. RAVICHANDRAN

SUCCESS is a THIEF
Inspirational Convocation Speeches
RANDOM HOUSE INDIA
Contents
Part A
1. Isher Judge Ahluwalia
2. Usha Ananthasubramanian
3. Subroto Bagchi
4. Ajay Banga
5. Arundhati Bhattacharya
6. Shekhar Dutt
7. R. Gopalakrishnan
8. A.P.J. Abdul Kalam
9. Roopa Kudva
10. Ranjana Kumar
11. Anand Mahindra
12. Arun Maira
13. R. Mukundan
14. Indra K. Nooyi
15. Deepak Parekh
16. Aroon Purie
17. S. Ramadorai
18. N. Ravichandran
19. Janmejaya Kumar Sinha
20. M.V. Subbiah
Part B
1. G. Narayana
2. Swami Nikhileshwarananda
3. N. Ravichandran
4. Madhusri Shrivastava
Part C
1. Debolina Dutta
2. Sundaravalli Narayanaswami
3. Balaraman Rajan
Editor s Note
Footnotes
1. Isher Judge Ahluwalia
2. Usha Ananthasubramanian
3. Subroto Bagchi
4. Ajay Banga
5. Arundhati Bhattacharya
6. Shekhar Dutt
7. R. Gopalakrishnan: Kashipur, 17 March 2015
7. R. Gopalakrishnan: Udaipur, 21 March 2015
8. A.P.J. Abdul Kalam
9. Roopa Kudva
10. Ranjana Kumar
11. Anand Mahindra
12. Arun Maira
13. R. Mukundan
14. Indra K. Nooyi
15. Deepak Parekh: Mumbai, 27 April 2012
15. Deepak Parekh: Lucknow, 15 March 2014
16. Aroon Purie
17. S. Ramadorai
18. N. Ravichandran: Indore, 30 March 2009
18. N. Ravichandran: Indore, 29 March 2010
18. N. Ravichandran: Indore, 26 March 2011
18. N. Ravichandran: Indore, 31 March 2012
18. N. Ravichandran: Indore, 6 April 2013
19. Janmejaya Kumar Sinha
20. M.V. Subbiah
1. G. Narayana
2. Swami Nikhileshwarananda
3. N. Ravichandran
4. Madhusri Shrivastava
1. Debolina Dutta
2. Sundaravalli Narayanaswami
3. Balaraman Rajan
Acknowledgements
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Part A
Isher Judge Ahluwalia

Dr Isher Judge Ahluwalia is a renowned Indian economist, with wide experience in the fields of economic growth, productivity, industrial and trade policy reforms, and urban planning and development. She is currently chairperson of the board of governors for the Indian Council for Research on International Economic Relations (ICRIER), a leading think tank based in New Delhi engaged in policy-oriented research. At ICRIER, Dr Ahluwalia is leading a major research and capacity-building programme on the challenges of urbanization in India. She was awarded the Padma Bhushan by the President of India in the year 2009 for her services in the field of education and literature.
Dr Ahluwalia was chairperson of the High Powered Expert Committee (HPEC) on Urban Infrastructure and Services during 2008-11; she was a member on the National Manufacturing Competitiveness Council and is on the boards of a number of premier research institutes in India. Dr Ahluwalia was vice chairperson of the Punjab State Planning Board from 2005 to 2007.
Dr Ahluwalia is on the board of trustees of International Water Management Institute (IWMI), and was chairperson, board of trustees of International Food Policy Research Institute (IFPRI), Washington DC, from 2003 to 2006. She was a member of the Eminent Persons Group (EPG) on India-ASEAN (Association of South East Asian Nations), an association established by the respective governments during the period 2011-12. She was also a member of the EPG of the Asian Development Bank from 2006 to 2007.
Dr Ahluwalia has written a number of books, the latest being Transforming Our Cities: Postcards of Change , and a co-edited volume titled Urbanisation in India: Challenges, Opportunities and the Way Forward , which proposes critical reforms and policy interventions. She also co-edited, together with Professor I.M.D. Little, India s Economic Reforms and Development: Essays for Manmohan Singh .
Isher Judge Ahluwalia
Dr Kiran Mazumdar-Shaw, chairperson, IIM Bangalore, Professor Devanath Tirupati, director, distinguished faculty and staff of IIM Bangalore, parents, family and friends of students and dear students, I feel honoured at being invited to deliver this address at the thirty-ninth annual convocation of IIM Bangalore, an institution of high learning and global standards. Let me begin by congratulating all of you, graduates, fellows, executives, policymakers and managers and leaders from the government and non-governmental sectors who have successfully completed your studies and have received your diplomas today, and especially those who have excelled with distinction and awards.
I am very impressed with the wide spectrum of courses covered at the institute and also your outreach to different stages in the careers of executives from the private sector, the public sector, the NGO sector and policymakers. The centres of excellence at IIM Bangalore have reached out to areas of growing importance such as corporate governance and social responsibility, software enterprise management, supply chain management, financial markets and risk management and also entrepreneurial learning. The centre for entrepreneurial learning, I understand, helps students to incubate their ideas and form start-ups, thus taking learning a step further. This is as it should be since IIM Bangalore is located in a city which has been the gateway to India s global competitiveness. Most recently, I was delighted to see that the ministry of urban development has chosen IIM Bangalore to nurture a centre of excellence in urban planning and management. Given the importance of urbanization in the current stage of our development, I cannot think of a better place than this to begin building our capacities in urban planning and management.
Half of India s population today is below the age of twenty-five. Most of you, graduating from the postgraduate programme in management (PGPM), belong to that half. This means that you, ladies and gentlemen, were literally cutting your teeth when India decided in 1991 to begin the process of opening up our economy to competition from foreign trade and investment. As you went to school and then college, you have seen India s economic growth accelerating from 5.5 per cent per annum in the 1990s to close to 8 per cent per annum in the following decade. It is only reasonable to expect that you will not settle for anything less.
My own view is that the recent major slowdown in growth is an aberration and can be corrected through appropriate policies. I also believe that once the irreducible uncertainty associated with an election is over, no matter which government comes to power, growth will pick up.
The period from 2001 to 2011 was a period of rapid growth of the kind India had never seen before. This growth was driven by the private sector and led by the services sector. If IT, BPO, financial services and healthcare services played a major role in this acceleration, then the pharmaceuticals, auto-components and automotive sectors displayed the global competitiveness of some of our manufacturing sectors. The percentage of population in poverty declined to 25 per cent, although there were legitimate demands for raising the poverty threshold. The long-standing issues of health, education, inclusion and poverty alleviation were beginning to be addressed, though not adequately.
Faster growth itself was not without its stresses. First and foremost, the growth of employment did not keep pace with the growth of output in the non-agricultural sectors, and there were periods when employment in the formal sector even declined. Expanding employment opportunities in the industry and services sectors, which provide scope for high-productivity jobs, continue to be the principal challenge for policymakers as we aim for faster, more inclusive and sustainable economic growth in the years to come. It is the only sustainable instrument to make our growth inclusive. The decade of 2001-11 had to grapple with the old challenges of inadequate and poor quality infrastructure and macroeconomic vulnerability, while it also faced the new challenges of skill deficits and unplanned urbanization.
I propose to speak on the challenges of urbanization in India. Before I do that, let me say that if we are to experience sustained growth rates of 7 to 8 per cent per annum, faster growth of GDP has to come from industry and services, since agriculture at best can grow at 4 to 4.5 per cent per annum. The urban share of GDP is currently estimated at about 63 per cent (of GDP) and this is projected to increase to 75 per cent by 2030-31. This implies that urbanization will gather momentum in the years to come.
As of 2011, we had only 31 per cent of our population living in urban areas, compared with 48 per cent in China, 83 per cent in Korea and 87 per cent in Brazil. India s urban population is projected to increase to 40 per cent by 2030-31, which I believe is an underestimate. As the Indian economy resumes its journey to 7 to 8 per cent growth, many cities will experience peripheral expansion, with smaller municipalities and large villages surrounding the core city becoming part of the metropolitan area. We will also need more cities acting as engines of growth for providing the economies of agglomeration.
We economists have often identified the investment climate with ease of doing business. Actually, the investment climate is as much about the ease of living as about the ease of doing business. Even if we were to reduce the transactions cost of doing business to zero, who would want to invest in our industry and services sectors if our cities cannot provide the basic amenities of everyday living and civic infrastructure for public health, for example, clean water and sanitation? If we are to attract skilled persons like you, people who will bring in innovations, create employment opportunities, generate wealth and help raise the standards of living of our people, then we need to improve significantly the state of our cities so that our cities can compete with alternative destinations abroad which are waiting with open arms for people like you. In fact, we need to use your management training to fix