Center of Economic Gravity is shifting to Asia : Vishnu Prakash

14h PIMR international conference kicks off

Indore:  When the present Indian Prime Minister had come to Sanghai in 2007 as Gaujarat chief minister, he got apparently amazed by seeing the development in China. He asked me a question as to why China was so developed? Being an Indian envoy to China at that time, I told him that it had become possible because of a leader who in the year 1978, told the village people to make roads so as to enable girls to go to their schools as before 1978, China was counted as an atrociously a poor country but in 1978 when this leader took reigns of China, he brought about a metamorphosis,

said former ambassador to Korea and Canada Vishnu Prakash while addressing 14th international conference on  “Rethinking Strategies For Leadership and Governance in Emerging Global Scenario” at the Prestige Institute of Management and Research here on Saturday.

While describing  Leadership, change, connectivity, education and empowerment of girls an important tools of nation’s development, Vishnu Prakash, an expert on foreign affairs said we all need to follow the development of China. The difference between other powers and China is that China is an opaque country.

They want to create a China-centric world. The Center of Economic Gravity is shifting to Asia. What will the 21st century be like? Century of struggle or peace? Even today, though the Cold War has ended today, there is still a cold confrontation between China and America over the supremacy. He said in the 21st century, five elements that will separate a successful leader from a not so successful Person will be punctuality, Team Player, Innovation, Excellence and Reliability. “

Farhan Ansari, Vice President of Reliance Industries, who was awarded with `PIMR Management Excellence Award’, said,  the PIMR has already carried out the leadership and governance strategy. Since the year 2000, we have come in the time of its digitization. With 5.5 million mobile users 4.5 million internet users, we are living in a connected world. Digitalization has brought changes in the leadership of the successor, graduating after high school in the 1930s was a revolution.

Education was a form of leadership. He said through education, we get virtues like curiosity, courage, compassion, sympathy. The present economy model will not tell you what you know, rather you will be chosen  for what you are capable of doing and what you know, he said adding that it is only through hard work that one can become successful and happy.

Indore CSP Nihit  Upadhyay, who was presented with the ‘PIMR Outstanding Alumnus Award’, said, “Every day there is a case of suicide in his police station. Six out of ten suicide cases are reported by students. When I analyzed these cases at my level I came to know that the main cause of suicides among students, was lack of confidence in them. He said confidence level in students is a key to their academic success. Do not distract yourself from the ups and downs in life, but adopt a strategic thinking and planning in life so that you can tread on the right path in every situation, he added.

Distinguished Mentor, Trainer and Professor of Strategy and Innovation,   Krishnamurthy B V in his address said  “We can talk about Leadership, Governance and the Emerging Global Scenario at 3 different confluences – Leaders must have a habit of listening. If you do not listen, you will be surrounded by people who have nothing to say.

Good Governance is the  key to leadership. If any rule creates doubt then immediately try to resolve it., he said adding that there is a valid system and that is  where you have the idea to have freedom, have knowledge of what is right and unfair.

Dr. Davish Jain, Vice Chairman, Prestige Education Society, said, “Success comes not from an individual effort but from the efforts of the entire team. If we talk about China, the system of mass production technology made by this country is an inspiration because they use innovative methods on manpower. Chinese leaders are moving much towards the global system. Strategic thinking refers to the source and decisions that shape and direct an organization and its work. Whatever your business type is, strategic thinking aims to create a strategy that is a coherent, integrated, unified framework for decisions, he added.

Dr. Yogeshwari Phatak, Director, PIMR,  while talking about the theme of the international conference, said “It is very important to check the latest trends in strategy implementation and how to execute successfully. She asked the students to discover how to reduce the gap between strategy design and implementation. One has to recognize the challenges of social life, it will affect the progress of leadership and governance. The skilled and talented Millennial will play an important role in governance in the emerging global scenario, she said. PIMR UG Director In charge conducted the award ceremony wherein the best PhD thesis, best faculty, best research paper among other awards were presented to the PIMR faculties

On the occasion, guests also released the PIMR journal. Prestige Education Society chairman, Dr N N Jain was among noted persons present on the occasion.