IIMV’s business conclaves discuss changing business, technology dynamics – Times of India

VISAKHAPATNAM: Indian Institute of Management-Visakhapatnam’s two-day annual business festival ‘Vriddhi’ concluded on Sunday. IIMV director Prof M Chandrashekhar inaugurated the event on Saturday. Speaking on this occasion, Prof Chandrasekhar said that about 25% of the start-ups are based on fin-tech. “Given this context, IIMV is focussing on developing an entrepreneurial mindset in the young minds using our TIDE Centre,” said the IIMV director. Prof Shivshanker Patel addressed the guests and panellists coming from diverse backgrounds.
Jockey India CMO Karthik Yathindra delivered a keynote session. He opined that it is the intrinsic nature of human beings to try to evolve and get better. “And, so it applies to businesses, products, and services as well. Humans jump from one growth phase to another where innovation lies. There are four major factors that pushes any business for reinvention; customer, who want things to be better, faster, easier and cheaper; macro-environment, which forces to reinvent in order to survive; technology, the new normal; and competition, with newcomers walking into the industry, disrupting it and replacing the market leaders,” said Karthik Yathindra.
The first panel discussion was conducted on the theme of ‘borderless brand experience: the hybrid future of brands.’ The discussion centred around omni-channel branding. The panel members also discussed how e-commerce came to the rescue during the pandemic and changed the way consumers purchase.
Prof Priyavrat Sanyal kicked off the event moderated by Prof. Preeti Virdi. The other panellists included Radhika Subramanian (head of channel management, Godrej and Boyce), Manish Gupta (india sales head for SMB Business, NielsenIQ), Javed Khan (VP, head of engineering, Arzooo) and Hari Prakash Karcherla (strategic leader, Ex-VP/GM, CEAT Valvoline, Tata Motors).
The second panel discussion focused on the topic of “unfolding fin-tech: a paradigm shift”. The discussion was about the evolution, current and future prospects of fintech. The panel strongly believed that at the end of day it is about how money creates value.
The panel includes Gaurav Sehgal (CFO, Ola Financial Services), Harshit H Jain (founder and CEO, Sigma Advisory), Shivkumar M (vice president, Wells Fargo) and Souparno Bagchi (COO, Balancehero India) moderated by Anuj Suneja (equity analyst, ICICI Prudential Life Insurance and author).
The second day of the event had a panel discussion on the topic of “big data to strategic decisions: optimizing stressed supply chains using analytics.” The panel included Anand Garg (vice president, head India supply chain, Dr. Reddy’s), Nirupam Srivastava (vice president – Strategy, AI, New Initiatives, Hero Enterprise), Chandan Shirbhayye (AVP and head of supply chain, Aragen Life Sciences) and Harshit H Jain (founder and CEO , Sigma Advisory). The panel was moderated by Farheen Rahman (AVP, Digital Transformation, Kotak Life).

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