The document outlines a vision for MBAs, stating that they must have the best capabilities for creating wealth ethically and adopting good corporate governance to benefit all stakeholders. It also states MBAs should be willing to share profits with society through corporate social responsibility initiatives and contribute to building a great nation of happiness and peace. Examples are given of leaders who created wealth through vision and various social and economic challenges facing India are presented, emphasizing the role professionals can play in addressing them.
2. Presentation by M.Settu President, Coimbatore Productivity Council Chief Executive Officer, Syndicate Exports Pvt Ltd Director General, Sree Saraswathi Thyagaraja College & Former President , Coimbatore Management Association 19 th August 2010 Vision for MBAs
3. Vision for MBAs “ MBAs must have the best capability towards Creation of Wealth , in the right way adopting the principles of Good Corporate Governance , to benefit all the stakeholders of the organization and they must be ready to share a portion of the Profit with the needy people of the society as a Corporate Social Responsibility and contribute their best to build a Great Nation of Peace and Happiness ”
4.
5. J R D Tata Bill Gates Henry Ford Azim Premji Ambani N R Narayanamurthy
6. How did these people create wealth? How did they become great leaders?
10. “ A computer on every desk and in every home, all running Microsoft Software”
11. “ Our vision was to start India’s first software company for the professional, of the professional, and by the professional. We wanted to prove that we could generate wealth by leveraging sweat equity, or brains, without much finance”. - Mr. Narayanamurthy, Infosys
12. Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And Our efforts greater. This is my dream for Reliance and for India. … Ambani
13. of market capitalization of the Bombay Stock Exchange. 7% of exports. 5% of indirect tax collections. 10% of GDP of India without accounting for multiplier effects. 3.5%
14. There is a great opportunity now to create enormous amount of wealth through industry, manufacturing and services.
15. Ref: Business India April 8, 2007 In 2007 50% Indians Below the Age of 25 years 65% Indians Below the Age of 35 years
19. Source: A.T. Kearney Index (GRDI) Large Market: Retail Market Size: US$ 330 billion Unsaturated: Modern Retail Penetration <3% India: #1 Emerging Retail Growth Market A.T. Kearney Global Retail Development Index (GRDI) 10 9 8 7 6 5 4 3 2 1 Rank GRDI Rank 2010 G R D I R a n k 2 0 09 G R D I R a n k 2 0 07 G R D I R a n k 2 0 05 G R D I R a n k 2 0 04 GRDI Rank 2003 Malaysia Slovenia Brazil Chile Vietnam Saudi Arabia UAE China Russia India #1 Russia Peru Uruguay UAE Chile Brazil Saudi Arabia India #3 Kuwait China Saudi Arabia Slovakia Thailand Tunisia Turkey Vietnam Croatia Latvia Slovenia China Ukraine Russia India #1 Mexico Malaysia Latvia Chile Ukraine Vietnam China Russia India #1 Sl o v a k ia Vietnam Turkey Egypt Vietnam Morocco Latvia Turkey Croatia India #5 Slovenia Hungary China China India #2 Slovak Republic Russia Russia
22. India: The Future Economic Superpower Rank 2000 2006 2050 1 USA USA China 2 Japan China USA 3 Germany Japan India 4 China India Japan 5 India Germany Germany Source: Time August 13, 2007( For 2000 & 2050), BRIC’s Report for 2006
23. India is now emerging as, The New Land of Opportunities
25. “ I think there is a world market for maybe five computers.” - Thomas Watson, chairman of IBM, 1943 “ Computers in the future may weigh no more than 1.5 tons. ” - Popular Mechanics, 1949 “ There is no reason anyone would want a computer in their home. ”- Ken Olsen, founder of DEC, 1977 “ 640K ought to be enough for anybody. ” - Bill Gates, 1981 “ Prediction is difficult, especially about the future” - Yogi Berra
26.
27. No. of Connections in millions Growth of Telephone Connections Year as on 19 March 2009
28.
29. “ Two roads diverged in a wood, and I took the one less traveled by, and that has made all the difference” - Robert Frost.
34. “ I consider myself a pathfinder. I have been excavating the jungle and making the road for others to walk. I like to be the first in everything I do”… - Ambani
53. “ Success is the ability to go from one failure to another with no loss of enthusiasm”. - Sir Winston Churchill
54. “ Most people who fail in their dreams fail not from lack of ability but from lack of commitment”
55. Vision for MBAs MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance…
56. “ A Business that makes nothing but money is a poor kind of Business” - Henry Ford
57. Transparency International: Corruption Index India has been ranked as the Most Corrupted Country in the world
58. http://www.transparency.org 180 178 147 134 121 126 141 92 85 72 18 16 1 4 5 1 2008 Rank 180 178 146 139 143 130 168 97 84 79 19 17 3 3 6 2 2009 Rank 180 179 145 140 135 134 133 96 74 73 20 13 5 4 2 1 2007 Rank Myanmar Denmark Pakistan China India USA Sweden UK Srilanka Iran Libiya Nepal Somalia Russia Singapore Finland The Least corrupt Countries
60. The problem of the Bottleneck is that the neck of the bottle is at the top.
61. “ The punishment suffered by the wise who refuse to take part in the govt., is to suffer under the govt. of bad men”
62. “ No success or achievement in material terms is worthwhile unless it serves the needs or interests of the country and its people and is achieved by fair and honest means.” … JRD Tata
65. Vision for MBAs MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the organization…
66. The benefits must reach not only the promoters but also all the stakeholders of the business.
67.
68.
69. To the customers in terms of best price, best quality, prompt delivery and excellent customer relationship…
70. Vision for MBAs MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the Organization and they must be ready to share a portion of the Profit with the needy people of the society as a Corporate Social Responsibility..………..
71. Sharing the fortune with the society is a great corporate social responsibility.
73. India has 100 million cases of diarrhoea a year and 5 Lakh children die of the disease.
74. The condition of health services in India is very poor and dismal. Indian health service
75. Source: Centre for Social Education and Development (CSED) THE HINDU, 14-12- 2004 Young children are anaemic 75% Are stunted 46% Are born under weight 30% Under three years are severely malnourished 18%
76. HIV Source: Time, June 6 2005 110 million By 2025 25 million By 2010 10 million Now 2005 4 million Dec 2002
77. 32.7 2002 40.0 2008 Diabetics Patients in India 57.2 2025 (Projection) In million Year
78. “ 44% of Indian Population is below poverty line on the basis of the international benchmark of one dollar a day poverty line...” - World Bank Report
79. India Ranks No.1 worldwide in terms of number of orphaned children Source: ‘The State of the World’s Children 2005’, UNICEF
82. source: International Food Policy Research Institute (IFPRI) The Global Hunger Index by country, 2009 GHI (Scale & Hunger Level) Zambia Srilanka Zimbabwe Nepal Peru Egypt Tanzania Indonesia South Africa Turkey Eritrea Bangladesh Philippines Colombia Malaysia Ethiopia India Nepal Thailand Brazil Burundi Pakistan Nigeria China Algeria 30 & above (Extremely Alarming) 20-29.9 (Alarming) 10-19.9 (Serious) 5-9.9 (Moderate) <4.9 (Low)
84. Suffer From Malnutrition 10 Crores Of School - Going Age Not Attending School 20 Crores Children Not Connected to Safe Drinking Water 30 Crores Below Poverty Line 30 Crores Illiterates 35 Crores INDIA TODAY
85. Professionals with great values and compassion can only appreciate and contribute to the nation at large.
129. Vision for MBAs MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the Organization and they must be ready to share a portion of the profit with the needy people of the society as a Corporate Social Responsibility and contribute their best to build a Great Nation of happiness and peace.
130. Thus, the ultimate Vision must be to build a great nation for our next generation………
131. A GLORIOUS PAST ( % share in world GDP) USA INDIA USA INDIA
132. The strengths of our 5000 yrs old culture, the intelligence of our Human Resources and the availability of vast natural resources should be used to build a great nation.
134. Comparative Analysis of Standard of Living Rs 17,00,000 $ 40,000 (Approx) Developed Countries Rs 2,10,000 $ 5,000 World Average Rs 21,000 $ 480 India Indian Rs US$ Standard of Living (Per Capita GDP)
135. 10.56 99.5 65.5 Russia 22.58 90.0 72.4 Brazil Source: UNDP 4.85 99.0 79.4 UK 90.8 49.9 99.0 99.0 93.3 61.0 Literacy rate (%) 18.57 72.4 Sri Lanka 65.14 65.5 Pakistan 6.26 78.2 USA 2.79 82.6 Japan 20.25 73.0 China 30.15 64.7 India Infant Mortality (Per 1000) Life Expectancy (Years) Country
143. An Analysis shows that a Nation’s Level of Happiness is most closely associated with Health, followed by Wealth, Education and good political governance.
145. Vision for MBAs “ MBAs must have the best capability towards Creation of Wealth , in the right way adopting the principles of Good Corporate Governance , to benefit all the stakeholders of the organization and they must be ready to share a portion of the Profit with the needy people of the society as a Corporate Social Responsibility and contribute their best to build a Great Nation of Peace and Happiness ”
147. “ You can complain because roses have thorns, or you can rejoice because thorns have roses”. - Ziggy
148. “ A Business that makes nothing but money is a poor kind of Business” - Henry Ford
149. “ No success or achievement in material terms is worthwhile unless it serves the needs or interests of the country and its people and is achieved by fair and honest means.” … JRD Tata
150.
151. Become great leaders; create wealth, share with the society and build a great nation for tomorrow
152. And you, the MBAs must be the best examples BSMED