The world is increasingly looking to the emerging economies to drive future growth. The days of seeking jobs and guidance from the developed countries are fast coming to an end. Our moment of reckoning is here. India is poised to take the leap - a leap of courage, conviction, energy and imagination. In villages, towns and cities, small but progressive changes are taking place at every level. India has sprung to life, throbbing with expectation and vibrating with new ideas. Changes in every industry, every sector, are taking place at breakneck speed, revving up the economic engine like never before.
"Innovation" is the new buzzword – to increase efficiency and create new directions for growth. From the farmer in Ujjain who uses the internet to plan his produce, to the fisherman in Chennai who uses satellite data to find his next catch, to the taxi driver in Bangalore who uses the GPS to choose the optimal routes, India is finding homemade solutions to its domestic problems.
But as the recession gets deeper, India is also feeling the heat, as evidenced by the recent downward forecasts of GDP growth and mounting job losses in a few sectors. The world is indeed flat, and no country is completely insulated. However, the good news is that the key drivers of growth in this new golden age – Domain knowledge, technology ownership, flawless execution, creative marketing and charismatic leadership – are all found in abundance in India. We have the tools to beat the recession. Recession can be our opportunity.
What is required, though, is a common focus to streamline our thoughts and synergize our actions. Convergenz '09 provides that focus by bringing together some of the best thought leaders in Indian Business to address the compelling issues of the day at both a macro as well as micro level – how can innovation help us beat the recession? What will the winning strategies look like? How will the world shape up in the coming decade? What are the major changes required for our businesses? Which are the most exciting tech startups in our country? What's the next disruptive idea? Convergenz '09 promises many such fundamental insights that impact the dynamic world of Indian Business.
Come March, the masters of the game descend on the sprawling campus of IIM Bangalore to chart the course of the future as they see it. And if you have seen the future a little differently, you belong here. PGSEM welcomes you to unleash your imagination in all its elegant fury. IIMB dares you to Innovate.
See you there.
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