On 18th January 2015, Xavier Institute of Management, Bhubaneswar, conducted Ignite
2015, a National Level Entrepreneurship Summit,organized by X-SEED, the idea and initiative cell of XIMB, XUB. The Summit included renowned speakers from various backgrounds who came to share their entrepreneurial
experience and talk about the topic 'How technology has changed entrepreneurship'.
The panel of speakers comprised of Mr. AnuragBatra
, Chairman, Bussinessworld, Mr. SrikumarMisra, Founder, MD and CEO, Milk Mantra, Mr. K. C. Mishra, Founder, eKutir, Mr. TanmayMohanty, MD, Luminous Infoways.
The proceedings began with Mr. AnuragBasu
, the Keynote speaker, setting the stage with a thought provoking observation that earlier people did an MBA to get a job but now 90% people want to become entrepreneurs. He immediately struck a chord with the audience
when he remarked that PowerPoint Presentations were used by people who were neither powerful nor had a point of view, and he wouldn't be using one. He pointed out a very pertinent issue that India only has a poor cousin of the
Silicon Valley as we only celebrate success and not failure. He encouraged the young audience to make their hobby their profession and drive their dreams with passion. Mr. Basu concluded his inspiring insights with the
quote, "If you can dream it you can do it."
The next speaker Mr.Srikumar Mishra, a proud alumnus of XIMB, began his talk by tracing the evolving history of music from Vinyl records to cassette players, CDs and the
digital age of iTunes. Through this example he drove his point home that technology has touched almost everything
and spared nothing. He then brought out the two different roles that technology plays in entrepreneurship. First, where technology itself is the basis of the enterprise and second, where technology acts as an enabler to an enterprise. He also talked about how the power of technology enables a
convergence between economical and societal impact. Finally, he shared how Milk Mantra has leveraged technology in its packaging system to innovate and evolve.
Mr. K. C. Mishra
then took to the stage and began by pointing out the difference between managing plenty and managing less. It is easier to manage plenty as the risk is distributed;the real challenge lies in managing less. He believes that
everybody is a born entrepreneur and the whole economy of India depends on millions of micro-entrepreneurs. He talked about the emerging relevance of the internet economy
and the three different opportunities it offers- internet of hardware, internet of content and internet of humans.
The final speaker, MrTanmayMohanty, talked of the importance of focus. According to him,
scope is plenty but one needs to find a niche area to focus on. He guided the students through the various aspects of being an entrepreneur. He traced through the transformation of the economy from agrarian to industrial,
service and now experiential to show how technology has now become a necessity. Technology has changed the face and pace of business. The conclave concluded with an enlightening round of Q&A where the budding
entrepreneurs attempted to satisfy their inquisitiveness and grasp as much knowledge from the speakers as possible.
ABOUT XIMB – The Flagship Institution of XUB
27 years ago, in the Temple City of
Bhubaneswar, the Odisha Jesuit Society entered into a social contract with the Government of Odisha to set up Xavier Institute of Management, Bhubaneswar (XIMB). XIMB strives to be a premier institute globally recognized for
management education, training, research, and consulting that help build a just and humane society. The Institute today has become widely recognized for its excellence in imparting management education. It is counted among the
leading management institutions in the country. XIMB is the proud recipient of A*** grading by CRISIL, and the ET Now National Education Leadership Award. XUB inherits from a rich culture and experience gained through the
years by XIMB and promises to make greater inroads into higher education with diverse educational offerings.
Xavier University, Bhubaneswar
Nijigarh, Kurki (Next to Orissa Engineering College)
Tel: 0674-6647777 Fax: 0674-2300995
, Web: http://www.xub.edu.in