India Inc still a reactive problem solver, says NRM

Need to change to be proactive

Curriculum in colleges need to keep pace with the industry demand and in-company training programs should be a key area of investment for the companies to groom talent, said Infosys founder N R Narayana Murthy

CHENNAI, Feb 19 (The CONNECT) – Infosys founder N R Narayana Murthy has observed that the Indian corporate sector still remains as reactive problem solvers which needs to change and a more proactive approach is the need of the hour. 
Addressing the students and faculty of Great Lakes Institute of Management a virtual fire-chat session, Murthy said Indian companies have been doing work that is of high value for their customers and are now focusing on higher per capita productivity. An entrepreneur, he said, should transform the power of ideas into job and wealth creation.
He then spoke about the role of using luck to one’s advantage. Hard work plays a key role in shaping your career. He said, ‘’Chance favours the prepared mind’’. When you fail as an individual, it is important to introspect your failure, analyse, decide on the next step and then act accordingly.  
He also emphasized on developing checklists and have constant dialogue with the team which can help and improve upon what you are doing at that point of time. High learnability, discipline and hard work are keys to enhance productivity. Murthy also said that, he personally prefers learnability over experience for skills. 
He pointed out that students nowadays prefer careers where there is learning involved. Also, curriculum in colleges need to keep pace with the industry demand and in-company training programs should be a key area of investment for the companies to groom talent. 
On the New Education Policy he said it is certainly going to improve the quality of education. He called for a change in the mind-set of the society and said that the focus should be upon instilling curiosity, problem solving, open-mindedness, respect other’s opinions and not afraid of learning among the youngsters. 
Dr. Suresh Ramanathan, Dean, Great Lakes Institute of Management, said Murthy’s idea of originality, problem-solving, creativity, importance of values and sense of balance can truly go a long way in shaping our society and empower the youth of tomorrow. 
Great Lakes Institute of Management, Chennai founded in 2004 by Padma Shri Awardee Dr. Bala V Balachandran is one of the premier B-schools in India. Great Lakes has, within a short span of 15 years emerged as a top-ranked business school. Great Lakes has 50+ full time faculty and 150+ visiting faculty including over 25+ international faculty from top global schools like Yale, Kellogg, Stanford, and Harvard. Further collaborations with world’s leading institutions like University of Houston, University of Bordeaux, Hongkong University of Science & Technology (HKUST), University of Missouri, Kansas, Illinois Institute of Technology, Chicago and Babson College etc., have helped Great Lakes in globally benchmarking its programmes.

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