ISB Holds 'Leadership Summit 2006: India Next'

ISB Holds 'Leadership Summit 2006: India Next'

The second keynote delivered by Madhav Mehra stressed the need for synergies between the government and businesses. He said that corporate social responsibility (CSR) was currently a business objective, and that there was a need for "social good for market capitalisation".

Satish Reddy spoke about the changing attitudes in corporate think tanks with reference to collaborating with governments. Though these interactions were getting better, we still had miles to go. Ideally, business should be "putting its best foot forward, and the government giving the necessary thrust." G. K. Sood felt that the government should create the social infrastructure to deliver social justice, while "removing the cobwebs in the legal system". Vijay Parthasarathy voiced a need for a role reversal in the government dictating business practices.

The moderator for this panel, Govind Ethiraj, ensured enthusiastic audience participation by entertaining insights from them, and by quizzing them on what kind of companies would they work with, with regard to CSR values.

Concluded.

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Contributed by -
Ms. Bhuvana Ramalingam,
Director - Communications,
Indian School of Business, Hyderabad.