SP Shankha Brata Bagchi delivers The Hindu Business Line Club Talk
Learning outside classroom important, says SP
He explains how to win the local battle in a foreign market
GUNTUR: Impact of economic globalisation can be understood only when the environmental footprints are taken and that is the greatest future challenge for an aspiring or young manager, said the Indian School of Business graduate and Guntur Superintendent of Police Shankha Brata Bagchi.
Delivering The Hindu Business Line Club Talk on ‘Global Challenges for Young Managers’ on the R.V.R. & J.C. College of Engineering at Chowdavaram, the 1996-batch IPS officer-turned-doctor in General Medicine told students that continuous learning was the key to success. At the event sponsored by Karur Vysya Bank Limited, he said, “success is to be able to master the delivery mechanism, which cannot be learnt in a classroom.”
Explaining students the ‘real’ difference between any ordinary ‘B-school’ and Indian School of Business, he opined that brand value was the sole criteria for the graduates from this institution to have a niche in the job market.
“Basic approach in student intake differed with ISB preferring only experienced candidates compared to only freshers by others, which makes a qualitative difference in the interactive experience amongst the students from varied professional backgrounds,” Dr. Bagchi said in answer to student Praveen’s query.
Learning outside classroom was very important for shaping the personality of a young manager to tackle challenges in all circumstances. Every challenge was an opportunity, he said terming the current global economic crisis as the toughest challenge a manager could face and those who weather it would stand at the top in the post-crisis scenario, was his answer to Arun and Sandhya’s questions. He also believes that majority successful managers follow ethical practices or values.
Making a structured presentation on the global challenges, he dwelt on several imperatives like growth, knowledge, domestic demand, minimum efficiency scale, and globalisation of competitors.
Learning about potential risks, learning to incorporate ‘drivers’ of change like innovation and incorporation of growing pace of technology, entry barriers into foreign markets, and intensity of competition were some of the basic challenges for the young manager in the post-globalisation scenario, was his assertion.
Making logical arguments for overcoming these impediments in aspects like ‘Modes of Entry’, making a joint venture or entering into an alliance or taking over a company, he vividly explained as how to win the local battle in a foreign market. Nagarjuna Educational Society president K. Basavapunniah, Management Department Head B.K. Surya Prakasa Rao, and Emeritus Professor D. Dakshina Murthy also spoke on the occasion.
The Hindu Vijayawada Regional General Manager K. Chandrasekharan welcomed the gathering by explaining the concept of Business Line Club and its activities, while Karur Vysya Bank AGM K. Sayamoorthy explained various products it has for the student community and its activities related to corporate social responsibility.