NEW DELHI: It was a management lesson of a different kind that 400-odd B-school students and corporate delegates got at Indian Institute for Foreign Trade (IIFT) campus on Monday. The former president APJ Abdul Kalam himself was present to take this class on the role of consultants in an emerging knowledge-based economy.
Speaking at a seminar organised by IIFT and PHD chamber, Kalam spoke on topics ranging from the scope for India in
the consultancy opportunities worldwide and stressed students to be leaders and not just managers. He also encouraged students to actively participate in politics, so that there is a political will to execute the vision for India as a developed nation. "Politics today is 70% political politics and 30% development politics, when it should be the other way round," Kalam added.
The event, which saw a lively question-answer session between the students and the former president, had nuggets of wisdom from the eminent scientist. Kalam mentioned that of the $300 billion worth consultancy opportunities worldwide, India today caters only to around $4.4 billion. He suggested strategies for increasing the Indian share of the global consultancy market from 1.5% to 10% within the next five years.
He said that for an organised growth of Indian consultancy, agri-business, industry and services need to collaborate towards nullifying the urban-rural divide.
He also spoke of how out of the 10 million micro, small and medium industries in our country, nearly half a million small scale industries are known to be in the red.
Source : Times Of India
Tuesday, August 12, 2008
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