IIM Sambalpur organizes 6th edition of Annual Business Conclave – Marmagya 6.0

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Indian Institute of Management, Sambalpur organized the 6th edition of the Annual Business Conclave, Marmagya 6.0, with the aim of understanding, accommodating the responsibilities and opportunities that will usher change paving its way to new reality.

While delivering the welcome address, Prof Mahadeo Jaiswal, Director, IIM Sambalpur, said, “COVID has paved the way for new realities. Data analytics, Machine learning, Artificial Intelligence, and Blockchain are changing the landscape of the traditional practices that the industry has been following.”

“At IIM Sambalpur our vision and operating value system is to nurture responsible leaders with entrepreneurial mindsets. Our core values are based on 3I’s Innovation, Integrity, and Inclusiveness reflecting in our pedagogy and processes,” he added.

In his address, Chief Guest, Kapil Maheshwari, Leader Renewable Energy and Green Hydrogen Ecosystem Development, President Reliance Industries Limited, said, “Most of the conventional companies have now gone in the path of not only pledging as a net zero but also started working towards energy transition.”

“Driving future profits and still caring for the environment is the way forward. For all B-School students or new generation business leaders the next 10 years will see a great transformation, it is a great opportunity to learn and figure out new business models.”

Keynote Speaker, Pradeep Panigrahi, Head – Corporate Sustainability, Larsen & Toubro Limited added, “While working in the corporate domain we do not realise the actual realities, we need to understand the perspective. Stakeholders play a very important role in the success of businesses.”

The inaugural program was followed by a HR panel on the topic “New age workforce with the flexible work structure” which had panellists such as Pradeep Reddy M, Global HR Manager, Tvarana, Rajendra Misra, Ex- CGM (P&A), SAIL.

This was succeeded by an Analytics Panel on the theme “Rise of algorithm economy Analytics for competitive advantage.”

The foundation stone of the permanent campus of IIM Sambalpur was laid by Prime Minister Narendra Modi, on January 2, 2021. The permanent campus is likely to be operational in 2022.