IIM Alumni Association Europe Organizing Second Annual Global Management Summit

IIM Alumni Association Europe Organizing Second Annual Global Management Summit
Theme: "The Changing Face of Business"
On October 04, 2007

The IIM Alumni Association Europe is organizing its Second Annual Global Management Summit in London on October 4, 2007. The one-day confluence will set the stage for thought-provoking discussions on the changing face of business in the world today and will have talks and discussions by industry leaders and academicians.

IIM Alumni Association Europe is the alumni body of the IIMs - premier institutions imparting high quality management education, offering Post Graduate and Doctoral level programs, Executive Training Programs and engaged in Research and Consulting activities. The Association represents over 700 alumni of India’s leading business schools who are based out of Europe. There are similar chapters in America, Middle East & Africa, East Asia and Australasia.

IIM Europe is the culmination of over 6 years of efforts made by the alumni bodies of individual institutions to bring the alumni within Europe together. Our alumni hold key management positions in the world’s most successful companies across sectors such as HSBC, IBM, Citigroup, General Electric, Unilever, Accenture, Goldman Sachs, Lehman Brothers, P&G, Arcelor Mittal, Barclays Bank, HP, UBS, Siemens, JP Morgan, Nestle, Deutsche Bank, Boston Consulting, Credit Suisse, Microsoft, McKinsey, Morgan Stanley, Infosys, TCS, Wipro, Capgemini, Cognizant, Satyam, and others.

The Changing Face of Business

Global business changed dramatically at the beginning of the 21st century, following periods of upheavals which included one of the largest economic booms followed in turn by an all pervasive internet bust, the spread of globalization, pressure on the environmental front, and continuing political, social & economic divisions.

These changes have transformed the very nature and business models of global companies as they gear themselves to succeed in a new world. Globalization is here and now - no longer a future trend, having created as many opportunities as it has challenges. Businesses have rapidly learnt to leverage the relative strengths of geography, both by applying learning from one market to another and getting things done cheaper, faster, and better. Further, shunning the 'not invented here' syndrome, global companies have adopted innovative ideas and brought them into mainstream practice.

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