The last few years of the past decade have been tumultuous, to say the least. One thing that has become crystal clear is that the power balance in the world is shifting. The world is beckoning the rise of the mighty Asian Tiger. And as the people who are actually fostering this change, we wait impatiently for our nation to rise above all the quagmires it faces right now. We wait for our nation to be at the heart of global Economic Center Stage.
But, the biggest challenge before us is. How do we get there? As we embark on the era of constant growth and a ‘conducive’ business environment, the question that one needs to ask is whether the road to being a super power is inclusive enough for it to benefit all?
To find answers to the above, Vihaan (Social service cell) and E-cell (Entrepreneurship Cell) at FMS brought together an eminent panel at the Annual Conclave-2011 to shed light on the topic: "Unleashing Entrepreneurship - Making Business Work for the Poor"
Dr. Kuriakose Mamkoottam, former Dean, FMS and currently Professor & Dean of School of Business, Public Policy & Social Entrepreneurship, Ambedkar University Delhi talked about the various issues faced in India currently and how the students of eminent B-schools like FMS can bring about a paradigm shift and play a crucial part in resolving them. He urged the students to use the immense knowledge and capabilities they possess to challenge themselves, take calculated risks and create support systems, thus making a difference to society. According to him, fear of failure among young students was the chief obstacle to this and B-schools must encourage students to take the plunge by making changes in their policies. ‘Placement Holiday’ at FMS was started keeping this in mind, wherein a student can opt out of placements to start a new venture, and in case he so wishes, can come back and sit for placements within 2 years. This aims to encourage entrepreneurship inclination among students.