IMA Conclave focuses on Leadership, Innovation & Resilience

Indore(Team Newsbuddy) The two-day International Management Conclave 2023, organized by the Indore Management Association (IMA), brought together leading management experts, industrialists, and professionals to delve into critical facets of contemporary business dynamics, technological advancements, and indispensable leadership attributes.
In his inaugural address, Himanshu Rai, Director of the Indian Institute of Management (IIM), Indore, lauded India’s resilience amid the global pandemic, particularly highlighting the nation’s prowess in vaccine manufacturing.
Rai emphasized that India’s emergence as a key player in this critical arena would fortify its global standing in the long term. Under the theme “Reinvent, Evolve, and Lead,” the conclave underscored the imperative for adaptive leadership in navigating today’s dynamic landscape.
Industry stalwarts shared invaluable insights on organizational adaptation, innovation, and effective leadership. Sanjay K. Jain, Managing Director of T T Ltd., stressed the significance of delegation, boundary-setting, and task prioritization in ineffective leadership. Speakers unanimously advocated for embracing failures as integral to personal and organizational growth, citing them as invaluable learning experiences.
Shreegopal Kabra, MD & Group Group president of RR Global, underscored the pivotal role of brand building in ensuring sustainable business success. Sanjay Agarwal, founder of AU Small Finance Bank, highlighted the paramount importance of adaptability to emerging technologies and market trends, particularly for entrepreneurial endeavors.
Concluding with a focus on sustainable growth strategies, the conclave emphasized the pivotal role of branding and investment in research and development. Attendees gained invaluable insights into navigating the ever-evolving corporate landscape,equipping them with tools for success in the face of uncertainty.

The event also witnessed the prestigious presentation of the IMA Lifetime Achievement Award to industrial luminary MB Parekh, Executive Chairman of Pidilite. Parekh’s remarkable contributions to the business world were acknowledged, further inspiring the next generation of leaders to strive for excellence and innovation.