The Industry Interface Office (IIO) of IIM Indore organized an Industry Outreach Programme at Jal Auditorium on June 25, 2017; facilitated by Jain International Trade Organization Chapter and Jain Engineers Society, Indore. Inaugurating the programme, Professor NMK Bhatta, Chairman, IIO, IIM Indore explained to the industrialists about the IIO. He also mentioned its objective and how it can help the industry leaders in making their businesses more successful.
Thereafter a talk was delivered on ‘Strategizing in a VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) paradigm’ by Professor Srinivas Gunta, Faculty, IIM Indore and an expert in the area of Strategic Management. In his talk, Professor Gunta initially explained in detail the VUCA term and its relevance in the real business scenario and then later he addressed the audience with illustrations on how companies are managing their business in such a highly volatile environment. The talk witnessed participation of a large number of industrialists across Indore region and was a special attraction for young aspiring entrepreneurs.