Confluencia 2010, a national level symposium at Department of Management Studies , IIT Roorkee, was organized successfully on 21st and 22nd of August 2010.This event celebrates the power of knowledge and was attended by the luminaries from the Industry, Government and Academia. It aims at bringing together the people ,with experience of working at the topmost echelons of Industry and revolutionary thinkers, whose management principles have changed the rules of the game.A host of Big Shots like CEO’s , Vice Presidents, MD’s of top notch Corporations and PSU’S and Professors from premier B-schools graced the event.
Confluencia 2010, started with Mr.Madhukar Sharma, country manager at American Society of Mechanical Engineers, delivering a masterpiece on the topic” Lean thinking and functional integration”. He also talked about lean tools like the Japanese 5S,Value Steam Maps,Mistake Proofing.He concluded with examle from Toyota about getting optimum results from average people by improving brilliant processes.
The second speaker, Mr.Sanjay Gupta, MD, PNB Housing Finance Ltd. Expressed his opinion on” Indian Retail Mortgage Market Its Inefficiencies”. He strongly advocated the need for deregulating the secondary markets so as to ensure robust growth for Indian Real Estate sector.
Third speaker of the day Mr.Sunil Aggarwal, freelance financial consultant and former vice president of IDBI bank , gave his experiential insights about private equity. He gave a cost comparison with the conventional methods of raising capital. He explained risks and rewards associated with private equity in the context of current economic turmoil. He discussed the risks for both the promoters and investors.
After speakers from Finance and Operations it was time was experts from I.T. to enlighten and enthrall us with their knowledge so our Fourth speaker of the day Mr Vikrant Chaudhary, Country Manager, FSS Cluster (Software Group) at IBM gave a brilliant presentation with a video depicting integration of various services offered by IBM in Singapore. He helped us understand how the technology can facilitate funtional integration in various businesses. He effectively talked us into the difference a technical advancement in any field can make and how that contributes to the national economy.
Our Fifth speaker of the day Mr Manoj Sharma is a Former industrialist and an N.G.I.(Non Government Individual). He gave a new dimension to the event and talked about the concept of “Social Entrepreneurship”, the emerging trend for people with the will to contribute back to the society.He described the trials and tribulations faced by various tribal communities in Uttarakhand.He also described the various social projects like small scale hydel projects started by him.
The First day at this symposium concluded with the presentation of “Cycle Rickshaw Project” which is being developed by Dr.Rajat Agarwal, Assistant Professor, DoMS IIT Roorkee and Mr.Ashish Sharma, an alumunus of IIT Roorkee and supported by Mr.Rahul Arora, Head of value advisory group at IT Power India Pvt. Ltd and supervised by Dr Bhupinder Singh, Engineering Consultant and youth counsellor. Along with the improvement in the design of the rickshaw, this project was aiming at improving the income of the poor Rickshawallah. This project was a classic example of functional integration with emphasis to optimize different processes.
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