Intellectual session by President Rolls-Royce (India & South Asia) and CMD Jackson Group
In this difficult time when industry and academia are struggling with countrywide lockdown, students of Amity University got a wonderful opportunity to interact with two industry icons Mr. Kishore Jayaraman, President, Rolls-Royce, India & South Asia, and Mr. Sameer Gupta, CMD, Jackson Group during this Online CEO Forum on “Innovation Strategies in Leadership during and post-COVID” organized by Amity University Noida and Greater Noida Campus.
Dr. Atul Chauhan, Chancellor, Amity University, Prof. (Dr.) Gurinder Singh, Group Vice-Chancellor Amity Education Group, Deans, Directors, faculties, and Students of Amity University participated in this event.
Prof. (Dr.) Gurinder Singh in his welcome address said that the knowledge and experience of both the speakers will help our students tremendously. Dr. Singh further added that we have updated our entire syllabus as per the demand of Education 4.0 and incorporating all the industry inputs.
Mr. Sameer Gupta, CMD, Jackson Group, shared his views and told that this COVID 19 crisis is both a financial and infrastructural crisis for the whole world. Stocks have fallen around 35% globally. But this crisis has given lots of lessons also. Mr. Gupta explained about various steps taken by Jackson Group during these times i.e. Integrity, Customer-Centric, Innovation, Teamwork, Care and scenario mapping, it should be followed by other organizations also.
Mr. Gupta added that due to the current situation, the first quarter of 2020 might be washed out and will have to reduce revenues. The government is taking all initiatives to overcome this crisis.
Mr. Kishore Jayaraman, President, Rolls-Royce, India & South Asia in a meaningful discussion said that leadership in the VUCA World comes with its unique challenges. Employees can generate business even while working from home if they are mentally satisfied. Mr. Jayaraman presented three scenarios post COVID crisis, first is Rosy Picture where everything will be back to normal, people will be having vacations, going out at restaurants, bigger growth will be there. Second is Bloom where this situation continues for a long period of time and the third one is Cure where the vaccine will be available in the market and might want a scenario of the rosy pictures in their life.
Answering to the query of students on financial the health of the companies post-Covid crisis, Mr. Sameer Gupta said that pay cuts will be a reality but India Inc has assured that basic needs will be taken care of. Employees will be more duty-bound and less demanding. Consumption will grow, India will bounce back by 3rd quarter with lots of international funding. Adding to the above point Mr. Kishore Jayaraman said that if revenue is not there and cost increases, there will be impact which depends of the company to company. Post Covid people will react differently, so marketing strategies will be different and value for customers will be more focused.
The session concluded with an interactive session where all the queries were addressed in all aspects. Dr. Gurinder Singh conveyed his thanks to both the Industry leaders and assured to students that by such session students will able to learn real industry practices and will start thinking differently.