VIII Convocation -2017 Convocation Speech By Falguni Rajkumar Chairman, Board of Governors RGIIM Shillong 1 VIII Convocation - 2017 Address of SHRI FALGUNI RAJKUMAR IAS (Retd), Chairman of the Board of Governors, Rajiv Gandhi Indian Institute of Management, Shillong On behalf of the Board of Governors (BOG), and on my personal behalf, I have great pleasure in welcoming Dr. Naushad Forbes, CoChairman, Forbes Marshall and President, CII to be the Chief Guest for the 8th Convocation, 2017. I also have the pleasure of welcoming Dr. Soumitra Dutta, Dean, Cornell SC Johnson College of Business to this Convocation. I also welcome all dignitaries, invitees, parents, other guests and members of the Press. Dear students, I On behalf of the Board of Governors (BOG), and on my personal behalf and on behalf of all of us present here in this Convocation congratulate each one of you on your successful completion of the two years PGP, and the one year PGP (EX) courses. We are indeed all very proud of your achievements. The world of commerce and trade is rapidly changing. Today concepts and approaches in international trade and business is undergoing a sea change. We are moving into a regime of protectionism. The larger economies, which once advocated collaborations and partnerships and believed in open and free trade, have now started advocating just 1 the opposite. This changing scenario should caution each one of you to be prepared for any kind of contingency. But all these should not deter you. As long as you are aware, able to appreciate and understand the dynamics involved, you are safe. The key factor of success in this situation is adaptability. Adaptability has another moniker; preparedness. Managerial skills acquired will be put under severe tests at these times. As young corporate leaders, do not get bogged down. Reorient your ways of thinking and functioning instead. Please remember that what we have taught you in IIMS are all ‘tools’ to manage such situations. It is left to you how effectively and efficiently you apply them. Much of your success will depend on this adaptability. In all these, remember, effective decision making is a fine balance between what constitutes management culture and strategy of an organisation. Both of these are vital. Success of an organisation often depends on it. Effective decisions also involves the ability to apply, which of this is appropriate and crucial and at what point of time a balance of the two are necessary. Use these management tools, skills effectively. Management Skill is like a hammer. It can break and also mend and shape. It is left to you how each one of you, how you use them. The transformative appeal of any academic institution is its ability to give a sense of purpose and direction to its students. In IIMS, one of the purposes is to sharpen your mental faculties for effective decision making in your professional careers as India’s top business leaders. Several techniques, methods have been taught to you. 2 We in IIMS are proud to say that we have been successful in our efforts to do this. And all of you have proved this. This is amply evident from the kind of placement students have got ever since the first Convocation in 2010 was held. Dear students, as you step out into the world of business and commerce as future corporate leaders, please bear in mind your responsibilities to your parents. They deserve our utmost gratitude for having supported you over the years to enable you to achieve this cherished goal of obtaining one of India’s toughest degrees/diploma. Let us not forget their contributions. I take this opportunity to congratulate each parent for their invaluable sacrifice, patience and importantly, their trusts in their children. Dear student, please also remember your responsibilities to your country and also to your society. It is your bounden duty to remember the poor and the unprivileged in whatever you do. This is important, especially in your extremely busy life ahead. These responsibilities will give you a sense of direction and purpose in life and as a human being. Most importantly, in whatever you do, please remember that ethics in your work and life is necessary if you want to succeed in life in general. Unless you inculcate this habit of reinforcing yourself morally in your life and business dealings, all learning here in IIMS would have no meaning. Today, as we gather for the 8th Convocation, your records reveal that you all are among the best that the country has. We do believe that each one you will live up to our expectations. 3 I on my personal behalf and on behalf of the Board of Governors also take this opportunity to congratulate the Director; all the members of the teaching faculty, the administrative supporting staff who have discharged their responsibilities to the best of their abilities. We are proud of your contributions. We would like also to place on record our sincerest appreciations to all the distinguished persons and visiting faculty members who have visited us and shared their valuable scholarships and knowledge with our students assembled today. Dear students, today as you leave us, do remember your Alma matter in the days ahead. Much of our future success depends on your success. And we here, would love to continue our relationships in the days ahead. Do what you can for your Alma matter. I, wish each one of you success and Godspeed. 4 6
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