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Don't chase brands, join organizations that have values and purpose: Nestle India chief tells AIMA management graduates

08 Sep 2021

Mr Suresh Narayanan Chairman & Managing Director Nestlé India Ltd, urged fresh management graduates of AIMA to focus on making a social impact and join organizations that offer jobs and roles with a larger purpose. He advised them to avoid getting snared by shiny brands and join lesser brands that offer better challenges and context. "Some brands may hide what you may not like to be a part of," he said.

Mr Narayanan addressed the 26th Convocation of AIMA's Centre for Management Education. AIMA is the pioneer of management education through the distance mode in India and it core offerings include PhDs, Post Graduate Diplomas and Post Graduate Certificates in management.

Nearly 1600 students were presented their management credentials at the convocation. These included 20 PhDs granted by Aligarh Muslim University under a collaborative arrangement with AIMA. Prof. Jamal Farooqui, Dean, Faculty of Management Studies & Research, Aligarh Muslim University participated in the PhD presentation ceremony.

702 students were given their Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in IT Management (PGDITM). Nearly 750 students received Post Graduate Certificates and Professional Certificates in various specializations including finance, business analytics, international business, digital marketing, and public procurement. More than 130 students were presented short course certificates in assorted specializations including financial modelling, contract dispute resolution, and business consulting.

Mr Narayanan advised the young graduates to look at the learning opportunities in a job and role above everything and not settle for a work that would remain the same for a long time. He said that one must not end up wishing that one should have done this or that instead. "Success is a moniker but happiness is real. You cannot be falsely happy," he told the students.

Mr Shrinivas V Dempo, Vice President, AIMA and Chairman, Dempo Group of Companies asked the students to emulate the Nestle India CMD, who has achieved great results for the company during the covid crisis by caring for the employees, milk supplying farmers and distributors. "He is an example that nice guys also finish first," he said.

Mr Harsh Pati Singhania, President, AIMA and Vice Chairman & Managing Director, JK Paper Ltd congratulated the new graduates on getting their management qualifications. He complimented AIMA's faculty for using technology to keep classes and evaluation going through the pandemic and preparing the students for the new requirements of business a changed world. " The great advantage that the graduates of 2021 bring to their employers is that they are ready to be deployed in a digitalized system. They have been acclimatized to remote and autonomous way of doing things and they can easily fit a distributed organization," he said.

Dr Bhimaraya Metri, Chairman Board of Studies of AIMA and Director, IIM Nagpur, presented the activity report of AIMA Centre of Management Education. He pointed out that during the ongoing crisis, AIMA had introduced many new age courses, including strategic financial analysis and business repositioning with former IIM Indore Director Professor S Parashar and on sustainability management with Dr Nayan Mitra, Founder of Sustainable Advancements. He said many courses on contemporary business needs were in the pipeline. These include courses on cyber security and data privacy, e-business management, and design thinking.

Dr Metri also pointed out that AIMA's India Case Research Centre (ICRC) had increased its efforts to build a library of Indian management case studies by signing MoUs with many more business schools, including more IIMs. ICRC is also partnering AICTE in holding case writing competitions in the country to promote Indian case writing talent.

Mr CK Ranganathan, Senior Vice President, AIMA, and Chairman & Managing Director, CavinKare Pvt Ltd pointed out that receiving management credentials was only the beginning of a lifelong quest for accomplishments for AIMA graduates. "I am confident that these AIMA alumni will go on to build great careers and make an impact on Indian economy," he said.

AIMA Director General, Ms Rekha Sethi said that the convocation is the most satisfying day of the year for AIMA, as on this day AIMA contributes to the country's management talent stock. He told the young AIMA graduates to focus on changing the people's lives for better, as nobody who does that is ever short of money of power.

During the convocation, six eminent business leaders and academics were presented AIMA Fellowship. They included Mr VA George – Managing Director, Thejo Engineering; Mr Ashok Taneja – Managing Director & Chief Mentor at Shriram Pistons and Rings; Mr RK Caprihan – Adviser - TVS Credit Services; Dr. Paritosh Chandra Basu - Senior Professor - SVKM’s NMIMS University; Dr. BVR Mohan Reddy, Founder Chairman of CYIENT; and Mr Apurva Chamaria, Senior Vice President & Chief of Staff to CEO & MD, Tech Mahindra.

The virtual convocation was streamed live on AIMA's social media's channels.

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Ranjana Bhardwaj
Deputy Director Corporate Communications

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