Over 200 Business Delegates Attend IIM Global Management Summit in London

Over 200 Business Delegates Attend IIM Global Management Summit in London
Post-event Press-release

Bob Gogel, Group CEO of Liberata, challenged the audience to balance corporate social responsibility with shareholder value maximization; while Joel Perlman of Copal Partners, an equity research KPO (Knowledge Process

Outsourcing) company, had some surprising news when he said it is cheaper to have Western senior management expats in India than senior local recruits because of the insatiable demand for talent in the rapidly growing Indian market.

Mark Berrisford-Smith, Senior Economist at HSBC Bank Plc, had some positive news to give saying that while the US economy will see a slowdown in 2008, yet a full blown recession was unlikely.

Talking about 'Distributed Innovation', Prof. Gerry George, Head of Rajiv Gandhi Centre at Tanaka Business School, Imperial College London, emphasized the special relationship with IIMs. Giving examples of the Guggenheim Museum, Heathrow Terminal 5, and City Hall design process, he emphasized that global partnerships are likely to drive value innovation in the future.

Clifford De Souza, Partner at Emerging Markets Group, identified systemic factors at the root of the ongoing US sub-prime crisis predicting further financial innovations will emerge for better risk transfer.

Other key speakers included A. S. Lakshminarayanan, Country Head of Tata Consultancy Services, UK & Ireland; Nish Kotecha of Sphere Partners and President TiE UK; Uday Dandvate, CEO, SonicRim, Ltd.; and Pradeep Banerji, CTO of the Sword Group.

A. S. Lakshminarayanan, Country Head, TCS - UK & Ireland Addressing Fellow Delegates at Summit

Lauding the efforts of their Europe alumni, Dr. Devi Singh, Director of Indian Institute of Management Lucknow, pledged greater support from all six IIMs for future events. The IIM Alumni Association Europe announced they will hold more business and cultural events in London in 2008 to further build their network and promote the IIM brand.

Concluded.

Contributed by -
Priya Sivaraman,
Director,
IIM Alumni Europe Association.

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