Srinivas Institute of Management Studies, Pandeshwar, Mangalore held a one day National conference ‘MANEGMA 2012’ on Thursday the 12th of April 2012 at the Pandeshwar campus. The topic was “Sustainable growth in developing economies – Challenges faced in turbulent times”.
Srinivas Institute of Management Studies is a premier education institution imparting innovative and quality education to youth through sophisticated techniques with skilled and dedicated faculty members with the mission that “Education is our passion not a profession”. Keeping pace with the global changes, the college is imparting aspiring management professionals with the skills necessary for success in a dynamic international arena.
The inaugural function was presided by Sri CA A. Raghavendra Rao, President, A. Shama Rao Foundation and Sri A. Srinivas Rao, Vice President A. Shama Rao Foundation was the Guest of Honour. The Chief Guest was Prof. Dr. T. Mallikarjunappa, Professor of Business Administration, Mangalore University. The Principal Dr P S Aithal welcomed the gathering. Mr. Amith Menezes, faculty member was the Convenor of Manegma, 2012 and briefed the gathering about the conference. Prof. Shailashri proposed the Vote of thanks.
The key-note address was delivered by the Chief Guest Prof. Dr. T. Mallikarjunappa, Professor of Business Administration, Mangalore University. He spoke very eloquently on the subject “Strategies for companies to cope up with recession”. He mentioned that the global economy, beleaguered by recession, finds itself today, on a tumultuous, slow and painful road to recovery. For developed and developing nations alike, times are turbulent, with socio-political and economic upheavals which have caused the downfall of many governments and have left central banks struggling to direct economic growth in the right direction.
The developing economics have been affected by high inflation rates, bad liquidity conditions, slower exports and high levels of poverty. Within these nations severe disparities exist between developed and backward regions in terms of income, literacy rates, Iife expectancy and living conditions. Mismanagement and corruption have lead to socio-political turmoil. Also resurgent protectionist policies of the developed countries have impeded their growth.
For business organizations, there is an urgent need to redefine goals and objectives and strategies to achieve sustainable development.
The event was open to all teaching faculty and students of graduate and post-graduate colleges. Apart from Mangalore, delegates from Pune, Andhra Pradesh, Tamil Nadu presented their papers. More than 45 papers were presented by students, research scholars, academicians, faculty, corporate executives and professionals.
