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Dr. Yashovardhan Verma, Director-HR, LG Electronics India, Interacts with IPMX Students at IIM-L Noida Campus

In the last few years, the National Capital Region (NCR) has emerged as one of the most sought-after destinations for business activities in India. This has led to a significant presence of almost all the top companies of the world in the region.

Leveraging the strategic location of NCR, Indian Institute of Management Lucknow - Noida Campus has initiated a ‘Leadership Interaction Series’ for the participants of International Programme in Management for Executives (IPMX). As part of this series, the participants of the IPMX get an opportunity to interact with business leaders, discuss various strategic issues confronting global organizations at senior management level, and learn from the thoughts and experiences of the distinguished speakers.

The participants of IPMX had an opportunity to interact with Dr. Yashovardhan Verma, Director - HR, LG Electronics India. Dr. Verma provided key insights and ring-side view of the challenges and drivers of the senior management in a global organization.

Dr. Verma stressed upon the importance of innovation by pointing that 'Excellence of today is obsolesce of tomorrow'. He emphasized the significance of empowering the lower level employees in an organization that could result in ideas and solutions not thought of before. Introducing the concept of 360 Degree Leadership, Dr. Verma emphasized the importance of influencing without necessarily being in a position of formal authority.

With reference to the increasing globalization of business, Dr. Verma spoke about the challenges faced in integrating the different cultures and possible strategies to overcome the same. He also mentioned that while the skills and knowledge levels of most organizations are almost the same, the key differentiator of current business leaders is their agility and speed of execution.

Industry insights provided by Dr. Verma were a great learning experience for the budding business leaders.

Concluded.

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