Saturday, March 26, 2011

Innovate to Create and Sustain Customer and Owner Value says Fr Ozzie at the Valedictory Session of the National Conference

The National Conference on ‘Strategising Innovative Business Models’ organized by the Department of Business Administration, St Joseph Engineering college was successfully completed with the Valedictory Session on 25th March, 2011 at 2.00 p.m in the Conference Hall, Mechanical Engineering Block, SJEC.
Fr Ozzie giving the valedictory address

Rev. Dr Oswald Mascarenhas, S.J, St Aloysius Institute of Management and Information Technology in his Valedictory Address stated that the innovative business model should constitute creation and sustainability of customer and owner value with the aid of key resources and key processes to be on the competitive map. He added that innovation is not free from risk. He stressed that an innovative business model can reshape an industry or redistribute billion of rupees of value.
Fr Joseph Lobo

Rev. Fr Joseph Lobo, Director Designate – SJEC, in his Guest of Honour Address narrated a story of a teacher who encouraged her students to ride a bicycle by adding additional side wheels to remove from their minds the fear of falling. He remarked that new ideas should be sought and implemented and the time tested and traditional models of success should be restricted if an organization has to innovate and survive in the market place.
Dr Joseph Gonsalvis
Dr Joseph Gonsalvis, Principal – SJEC, in his Guest of Honour Address pronounced that the conference was persuasive towards the focal need of an organization to innovate in the times of economic slowdown, global turbulence and natural disasters.

The delegates furnished the feedback of the conference and appreciated the noteworthy action of the Department of Business Administration in organizing the National Conference on the apt theme at the right time. Ms Aruna Menezes, Assistant Professor, Alva’s Institute of Engineering and Technology expressed that the content of the conference would lead to deeper explorations and could be an area of research for both academicians and practitioners. Ms Reema Frank, Assistant Professor, P.A. College of Engineering hoped that the conference would be organsied in the years to come and contribute to academic growth and excellence. Ms Rita Battacharjee, Students Counsellor, K R S College, Tiruchengode was impressed with the hospitality of the staff and students of the Department of Business Administration.

Mr G. Giridhar Prabhu, Proprietor and Director, Achal Industries, in his Presidential Address cited the success initiatives of Achal, Hindustan Univlever Ltd. – Mangalore Branch, MCF with respect to innovation in its various operations. He articulated that innovation is a way of life in the day to day activities of the line and staff. He affirmed that if the business models in the book titled ‘Business Transformation Strategies’ authored by Rev Dr Oswald Mascarenhas adapted to the Indian context could generate value worth rupees twenty crores.
Dr Prakash Pinto, Conference Chair

Dr Anjali Ganesh, Conference  Co- chair & Convenor

The SJEC MBA team choir invoked God’s blessings and graces. Dr Anjali Ganesh, Conference Convenor and Professor, MBA welcomed the eminent gathering. The SJEC MBA student team presented a sneak a peek into the completion of tasks involved by all which were beyond the comfort zones for organising the conference. Dr Prakash Pinto, Conference Chair and Dean – MBA proposed the vote of thanks. Ms Smita Jesudasan, Assistant Professor, MBA Faculty was the M.C. for the Valedictory Session.


Report by Ms Smita Jesudasan, Assistant Professor.