Editorial

Winning is empowering!

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I am pleased to inform you that MMA is again the proud winner of the AIMA’s “Best LMA Award” for the year 2021-22.  MMA has won this prestigious National AIMA Award for the “Best Local Management Association” in India for the 13th. time in a row. It is undoubtedly a moment of immense pride for all of us. This achievement would not have been possible without the active support of the President, Office-Bearers, Past Presidents, Managing Committee members and our Members and my Winning Team in MMA Secretariat. We thank you for helping us reach the numero uno position among the management associations in India.  You made it possible! The award will be presented during the Valedictory session of AIMA’s 49th National Management Convention scheduled to be  held on  20th and 21st September 2022 at New Delhi.

Marching with our head held high…

The national flag is the most solemn symbol of the country. It stands for the whole nation, our honour and glory. When it goes up the mast, the heart of every citizen fills with pride. Our national flag is now over 75-years-old, but it is surprising that not many are aware of its history. Nevertheless, Har Ghar Tiranga was a great initiative that enabled every citizen to hoist the national flag atop their homes. People will now attempt to learn about our flag’s hoary past and give it the respect it deserves. The flag code contains detailed instructions about its correct use. As a special initiative, MMA—in association with Skill Angels—presented a video on our national flag, to acquaint viewers and deliver important aspects relating to the sacred symbol of the nation.

We are indeed amazed at the response: over 1.4 lakh viewers watched our video on YouTube!

A big thank you to each one of them!

If you missed it, click here to view…

 

Learn from the Leaders: Pride of Tamilnadu!

Leading in this complex world isn’t a task for the faint of heart, and effective leadership is essential for the well-being of any organization. In fact, every aspiring business leader must study the actions of other great leaders. Finding parallels between the past and the present has always been a successful learning tactic for many. To fuel interest in such topics, MMA launched a series on The Pride of Tamilnadu. Our first guest in this series was Dr Nalli Kuppusami Chetty, Chairman, Nalli Silk Sarees.

I am delighted to present to you our cover story on the conversation led by Mr K Mahalingam with Dr Nalli Kuppusami Chetty. Please do read and watch the conversation. I hope you will find them as beneficial and kindles your interest.

Online to Offline—Are We Ready to Look Forward?

We like the comfort of the virtual and the connection of the personal (I love meeting so many of you at MMA Management Centre!). The hybrid format has changed how we communicate, connect and create a new world. Likewise, it’s critical to help employees build workplace connections if you wish to attract and retain talent. People with a sense of belonging and workplace friendships, are happier, healthier and more engaged. The work experience in an organization should enrich peoples’ lives. The priority is connection: The connection between employees and management, and the connection between each other as peers and human beings. Hence, it’s imperative that we go about building a strong workplace connection. In this context, MMA is organizing a seminar on “Unlocking the Potential of Employees Using Technology” on 15th September at MMA Management Centre. Join us in discovering how to connect with your people!

India’s Plastic Ban: A Good Start but Still a Long Way to Go

The ban on plastic was introduced in July 2022. However, we just cannot envisage that India will become a plastic-free nation anytime soon. It is not going to be easy, as the responsibility is not limited to one stakeholder. In fact, all stakeholders involved from the production of raw materials and manufacturers, to governments and consumers have their share in making this ban a success. Indeed, the national and state governments have a long road ahead to ensure the enforcement of the notified ban. Until then, this is going to be a work-in-progress for all of us. In this context, MMA in association with Paperman and KAS organized a seminar on “Insight on Plastic Neutrality: Know how you can enable your EPR Compliance”. Experts and industry leaders shared their perspectives with case studies for the benefit of a large number of our members and invitees from the industry. I am delighted to present to you an article on this important milestone to protect our environment.

Empower yourself and pass on the message to others to protect our environment. We strongly believe that information is a powerful driver for a new tomorrow.

The Inflation and the Growth Challenge

Predicting a global recession usually means standing out from the crowd. Therefore, it is not surprising that the government, financial sector, academia and most economists in the central banks failed to anticipate the sharp rise in inflation this year. Despite the global gloom, India has a bright economic future; but we cannot assume that success will somehow descend upon us on its own. We must not take growth for granted. All major forecasters expect our economy to grow by over 7% this year. Yet to succeed as a country we must forge our own destiny by actively working for it without waiting for success to descend upon us.

In this context, MMA organized a discussion on the theme “Fears of Global Recession and Impact on India” on 26th August.

The insights shared by the leaders were thought-provoking. Do read the article on the discussion for its immense value.

Mission 2047

Indians now have a collective ambition. The Prime Minister, during his speech on the 75th Anniversary of Independence day, set a goal for making India a developed country by the 100th Anniversary. India needs a striking rate of income growth of about 8.9% for the next 25 years to become a high income economy. India’s growing services sector will help but we must upskill our workforce accordingly. As for the state, it should minimize its role to essentials and leave the rest to private initiatives. This is a tall order, but achievable.

21st All-India Management Students Convention

The world is on the edge of revolutionizing many sectors through Artificial Intelligence (AI) and data analytics. With AI deployed in finance, security, healthcare, criminal justice, transportation, movie production, smart cities, there are substantial economic and social benefits. AI has changed business processes in nearly every industry. In fact, it has become an imperative strategy for success and ensuring a competitive edge. In this context, MMA is organizing the 21st All India Management Students Convention on the theme “AI Shaping Today and the Future” for the benefit of Management students who are the future of our country.

This Convention seeks to provide key perspectives and insights on emerging trends in AI, including the challenges and opportunities relevant to students who are about to enter the exciting world of business management.

Mr V Shankar, Convention Chairman, and other members of the Convention Committee have put in tremendous effort not only in conceptualizing the theme but also in identifying a galaxy of eminent speakers to address students at the convention. I thank the Management students and their respective B-Schools for the overwhelming response to our competitions, in particular “Chanakya– The Mastermind”.

I wish good luck and success to all students participants at the Convention.

As always, we would be happy to hear your views, comments and suggestions.

Happy reading!