SESSION_ON_STRATEGIC_MANAGEMENT

A session was conducted by Mr. K. Rajeswar Rao, Member, Genesis group, on Strategic management with respect to Business Excellence Models, on 23^rd December, 2015. Large number of U.G and P.G students of GITAM Institute of Management participated along with the faculty members.   Mr. Rao highlighted the implications of strategic management. He explained about the business excellence models by illustrating the current scenarios of Bollywood movies in terms of the reviews and the earnings. He said that money is not everything and success cannot come from money. He stressed on the definition of success from business perspective and also raised a question whether success is the only yardstick to measure organizational ranks. He also said that constant success for an organization can be achieved by good leadership qualities. Business excellence is all about maintaining leadership and excellence is all about taking risk. He related about human mentality with Maslow’s hierarchy of needs. Every transaction of life or a role in an organization should be fair and ethical. Adoption of leadership cannot be done at a time as it is a systematic process and organizational behavior is all about human values. While wrapping up the session he simply suggested to the students to always stretch beyond their limits, learn new things, never to be idle and to always attain something which is unparalleled in history.