Kozhikode, 02 January, 2015:
The 3-Day AIMS International Conference on "Management Challenges in Uncertain Environment" was inaugurated at the Indian Institute of Management Kozhikode (IIMK) on 2nd
January 2015. The Conference is organized jointly by AIMS International - The Association of Indian Management Scholars International and the Indian Institute Management Kozhikode. Around 150 delegates from India as well as from abroad have gathered at IIMK.
In his inaugural address, Mr. C. Balagopal, Founder of Terumo Penpol, the largest blood bag manufacturing facility in the world, highlighted that 'uncertainty' is the keyword of the moment when industries and businesses
across the world are challenged in appropriate decision makings. He opined that that the business managers of the day need to understand and learn, to cope with the world of uncertainty. He expressed hope that there would soon be
clarity from where the demand for products and services is going to come from. Looking at the Indian conditions, there is already the growth of power generation, highways, ports, and the rest of the infrastructure that are needed
to sustain high growth. He stressed that China is the best exemplar of this phenomenon, and India will soon be there too. As China slows down, Indian growth will pick up, and sustain the demand for commodities including steel,
building materials, capital equipment, consumer products, etc.
In his keynote address, Prof. Kulbhushan Balooni, Director IIM Kozhikode underlined the dire need and importance of scholarly research in the field of
business and management by Indian institutions, and highlighted the research initiatives and programmes that are carried out by IIM Kozhikode. He then shared with the delegates an analysis of "Management knowledge development
scenario in India. He underscored the point that, Knowledge creation is recognition among the peers, and its benchmarking is done by the number of citations
by peers of a research article. In the competitive research environment, there is no choice but to accept the citations as an important indicator of the quality research paper, and the impact factor of the journals. He encouraged the delegates to engage in high quality research and development in business and management, and expressed hope that the present status of Indian research in the area be elevated to higher ranks in the days to come.
Prof. S.K. Aggarwal of AIMS International, Babaria Institute of technology welcomed the dignitaries and the delegates and Prof. Radhakrishna Pillai, Conference Co-Chair and Dean (Administration) IIM Kozhiode, proposed the
vote of thanks.
About Indian Institute of Management, Kozhikode
Started in 1997 with its Postgraduate Programme (PGP), the Indian Institute of Management Kozhikode (IIMK) is on a high growth trajectory today,
offering widest range of academic programmes in the field of management education. These include Fellow Program in Management, Executive PG Programs, Management Development Programs and Faculty Development Programs. IIMK set up a
Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education.
For further information, please contact:
Dr. M.G. Sreekumar | Ms. Meghana Bangalore
Head, Media Relations, IIMK | Adfactors PR, Kochi
+91- 9447654066 | +91- 9819120245