A two-day international conference was recently organised by Tirpude Institute of Management and Education (TIME) at the college campus in Civil Lines, Nagpur. The theme of the conference was ‘Business Remodelling: Exploring New Initiatives in Key Business Functions.’ While chief guest at the conference was Dr Pramod Yeole, Pro VC, RTMNU, some of the other important people present during the two-day conference were Ghana Tirpude (Member, Yugantar Education Society), Dr Murali Patibandla (Faculty, IIM Banglore), Dr Kiran Kumar (Indian Statistical Service), Dr Sanjay Kavishwar (Dean -Academics), Dr Praveen Mustoor (Chairman, Training and Placements, TIME) and Dr Sangeeta Deshpande (Conference Secretary). At the conference, 46 research papers out of 70 were presented in different technical sessions by delegates coming from various cities and institutes. Experts from various fields also gave their opinions on different topics after each session.
Dr Deshpande, in her opening remarks, explained Business Remodelling as a method of improving organizational efficiency and quality and aiming to relook at improving the performance by optimizing efficiency. Dr Kavishwar too emphasized the need of remodelling businesses in order to adapt to the changing business perspectives and the advent of technology. Taking to the dais, Dr Yeole spoke about an earlier visit of former President of India, late Dr APJ Abdul Kalam to RTMNU, when he had inquired on the number of PhD degrees granted in a year. Taking a cue, Dr Yeole had then made fleeting changes in the entire process of registering students for PhD degree and setting up a new system conforming to UGC norms. Dr Yeole said that conferences like these provide practical knowledge to students and researchers, expanding their horizons and helping then understanding the discipline in a better way.
In his keynote address, Dr Patibandla spoke at length about globalization in the context of the Indian economy and said that business houses should focus on adaptability and team-building as a part of their remodelling process. Speaking about Asia being the new focus of economic activity, he mentioned as to how how India and China have contributed to the global economic development. Dr Patibandla further discussed the origins and causes of financial crisis of 2008. Concluding his speech, he stated the factors which can make India the superpower of future.