IIM Indore Celebrates Ahvan '09

IIM Indore Celebrates Ahvan '09

Ahvan, the annual management summit of IIM Indore, started at the IIM Indore campus. With people pouring in from campuses across the country, the campus was bustling with activity throughout the day.

Shashank Jha, the coordinator of Ahvan welcomed the guests and briefly outlined the concept and itinerary of the event. The event was inaugurated by Prof. N. Ravichandran and Mr. V. Shankar, CEO and MD of Rallis India. While addressing the students, Prof. Ravichandran expressed his happiness about the commencement of the 3 day long festival. He said that Ahvan will give the students an opportunity for an overall personality development as it teaches them the art of management. He reinforced his dream to see one of his students inaugurating this event some years down the line.

This was followed by the first lecture of Envision series of lectures, “Wealth Creation - the Rallis experience” by Mr. V. Shankar where he talked about the rebuilding of the brand Rallis after the company registered historic losses. He told that Rallis was able to recuperate from the downfall by identifying the core reasons for the losses and answering each of those in a focused manner.

He stressed upon the need of product portfolio enhancement, strengthening customer relationships and investment in brand building for building up the market position of a company. He also talked about the journey from turnaround of the company to its consolidation by embarking on the growth agenda. The need for efficient technology, proper market research and communication were highlighted through various examples in the talk such as the project Goal which emphasizes on achievement of individual goals to build up the company’s vision.

Day one of Ahvan continued with the same fervor it started off with. The inauguration ceremony was followed by the kicking off of Gordian’s Knot, Kalpavriksha, Ashwamedha. The event started with the usual round of photos and an ice-breaking session. In the latter, many hailed Ashwamedha as a though-leadership initiative, which is a need in today’s B-schools.

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Contributed by -
Media and Promotions Team,
Ahvan,
Indian Institute of Management, Indore.

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