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XIMB: Seminar organized on Operations Management

The event was opened with the traditional lamp-lighting ceremony. Thereafter, the winners of the Paper Presentation Contest a a parallel event of Ashwamedh, which saw participation from 140 teams,from across B-schools of the country, were announced. IIM, Kozhikode and IIFT, Kolkata were declared as the winners and the runners-up of the contest respectively. The discussion started with many sub-topics like Creation of Possibilities due to Technology, Changes in the Financial Services Sector, Changes in Operations Management from a Telecom Management Perspective, and Talent Management in Todayas Borderless World. Relevant examples like use of technology for real-time communication around the globe, incorporation of a global perspective in todayas supply chain solutions, advent of mobile telephony etc. were used to illustrate the topic on hand. All the speakers stressed on the point that the world is indeed becoming flatter and businesses today need to take this into account in order to be successful.
At the end, Prof. William rounded off the discussion by saying that in todayas world, there is a need to prepare for working with multiple goals and understand future challenges. He also stressed the need for a process orientation and readiness on the part of companies to manage the increasing complexities of risks involved.
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