Vinita Bali says that leadership is not an individual’s prerogative alone and its accountability is based on “where you are” or “what you’re doing”.
Harsh C Mariwala says that when deciding to choose between resources that are less relevant and the company, the company’s interest should be kept first.
The panel talks about how companies did CSR activities earlier to fulfill a Government mandate, but how it is done now to create an impact in society, with each being unique and effective.
The panel talks about how CSR has become an important vertical in companies with the top leadership envisaging CSR projects. It is not merely an initiative done by the company’s own will.
Vinay Ranjan talks about how CSR is a continuing commitment in the PSU Sector to integrate social and environmental concerns into their business operations, and how CRS is the right balance between- People, Profit and Planet.
Narayana Murthy, Founder, Infosys Ltd and Founder, Catamaran Ventures expresses his concerns about board governance in India and offers solutions at AIMAs 47th National Management Convention. The main source of corporate scams, according to Mr Murthy, is moral weakness and incompetence of the chairman of the board in the companies where scams happen. According to Infosys founder, the biggest challenge in corporate governance is the agency cost, i.e. the cost incurred by management to meet the shareholders objectives.
T V Narendran, CEO & Managing Director, Tata Steel Ltd in conversation with Harsh Pati Singhania, President AIMA and Director, J K Organisation and Vice Chairman & Managing Director, JK Paper Ltd discussing how picking up early warning signal made a big difference and how continiously picking up early signals is important.
Shereen Bhan, Managing Editor, CNBC-TV18; Amitabh Chaudhry, Managing Director & CEO, Axis Bank; Chandra Shekhar Ghosh, Managing Director & CEO, Bandhan Bank; Hemant Kanoria, Chairman, Srei Infrastructure Finance Limited discuss the need of reformation for Indian Banking system. A wealth of fresh capital is urgently required by banks, NBFCs, HFCs and insurers to ensure confidence in the system, once moratorium and loan and interest repayment is called off.
Rajdeep Sardesai, Consulting Editor, India Today Group; Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, London. As the geopolitic and world economic order lean towards protectionism, India must go by compatibility of disposition and show leadership in shaping a new world order.
Nayantara Rai, Chief of Delhi Bureau, ET-Now; Rajnish Kumar, Chairman, State Bank of India; Sanjiv Mehta, Chairman & Managing Director, Hindustan Unilever Limited and Sanjiv Bajaj, Chairman and Managing Director, Bajaj Finserv Ltd discuss that while India's economy is down with the flu, it has presented an opportunity to renew its economy by moving forward with radical ideas that induct digital technologies, into India's healthcare, education, energy and retail sectors.
Dr Harry G Broadman, Partner and Managing Director, Chair, Emerging Markets Practice, Berkeley Research and Sanjay Kirloskar, then President, AIMA and Chairman & Managing Director, Kirloskar Brothers Limited feel that India has all the ingredients to compete with China but it has plenty of work to do.
Claude Smadja, President, Smadja & Smadja Strategic Advisory and Former Managing Director, World Economic Forum and Sanjay Kirloskar, then President AIMA discussing how the Covid situation has resulted in recession and shrinking of the global economy, and the need to ensure that we do not shift into a situation of deflation.