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Great Lakes Celebrates L' Attitude 13°5' with Top B-schools & Corporate

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Great Lakes Celebrates L' Attitude 13°5' with Top B-schools & Corporate
Post-event Press-release

L' Attitude 13°5' - the third Annual B-school Fest of Great Lakes Institute Of Management, Chennai, concluded on December 14-15, 2007. It was attended by top names from various sections of society such as Mr. Narayana Murthy (Chairman of Infosys), Mr. Thomas Anderson (Associate Dean, IIT, Chicago),
Mr. Y. V. Reddy (RBI Governor), Mr. Shailesh Rao (Head, Google India) among many others. Add to that the deluge of students who arrived from different B-schools from different parts of the country.

14th December 2007

Dr. Bala along with the Chief Guest and the other guests formally inaugurated the festival by lighting the holy lamps. The inauguration function was followed by keynote speeches by Dr. Thomas Anderson, Mr. Shailesh Rao and Mr. Y. V. Reddy.

Mr. Y. V. Reddy flew to Chennai to be part of L' Attitude 13°5' and gave students some insights on the Indian and global economy. He also spoke about future trends in economy and mentioned that after taking into consideration of various factors, the GDP in the current year was expected to be around 8.5%, while inflation will be maintained below 5%. The external sector continued to be stable and strong. The fiscal situation is likely to be on track. The financial market, by and large, particularly money market will remain reasonably stable. He also added that as a result of fundamentals, which have been laid over the years, the country is more stable. Despite a number of challenges, political ups and downs and other negative factors, India continues to manage economy well, he pointed out.

After Mr. Reddy's speech, Mr. Shailesh Rao (Google India Head) addressed the students of Great Lakes. Mr. Rao said that the current youth demographic provided a 'unique opportunity' for India today. "There is no other country with the scale of opportunities for growth and such a unique youth demographic," he said. "How today's youth will get trained and educated could determine the next 50 years of progress for the country." Mr. Rao pointed to several areas of concern that had to be overcome if this opportunity could be realised. "We have to inspire more of a culture of risk-taking and innovation and to fill the gap in people management. I would encourage entrepreneurs to take more risks, be adaptive, cross-train and think in an integrated way."

Dr. Thomas Anderson, Associate Dean, Stuart School of Business, Illinois Institute of Technology, Chicago, also addressed the students. He said that the education model had to encourage students to take more initiative. "A concern is that the current instructional model of education puts the student in a passive position as a receiver of knowledge," he said.

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Contributed by -
Nihit Nirmal,
Class of 2008,
Great Lakes Institute of Management, Chennai.






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