IIM Indore Celebrates Silver Jubilee, the 25th Foundation Day

Indian Institute of Management Indore (IIM Indore) completed its glorious 25 years on October 03, 2021. The Institute celebrated its silver jubilee on the Foundation Day held at the IIM Indore campus. The event was inaugurated by Prof. Himanshu Rai, Director, IIM Indore. Mr. Alpesh Shah, Managing Partner, Managing Director & Senior Partner, The Boston Consulting Group India was the chief guest for the occasion.

Prof. Rai in his welcome address mentioned that the ‘special secret ingredient’ that helped the Institute grow over all these years is the faith in each other, trust in togetherness and conviction and commitment to the institute. ‘It is right to say that wherever you go in life is not so important. The important thing is who you are with. IIM Indore is a family and we are all together’, he said. He shared that the Institute focuses on constant growth and development of its participants, and now has foreign collaborations with over 40 universities in 16 nations. The Institute stands firm on its mission to remain contextually relevant and develop socially conscious leaders, managers and entrepreneurs who are determined to contribute to the nation building. He shared multiple initiatives taken by the Institute, right from providing food packets to the frontline warriors, to producing video modules for the teachers of the government schools in Madhya Pradesh. ‘It is with this determination of ours to contribute to the city, state and nation building, that we have now taken an initiative to develop the Rau Circle. I am happy to share that the Rau Circle will now be known as the IIM Indore Circle, and I assure you that we will develop the rotary and the landscape into a state-of-the-art area’, he announced. Let us just keep up the good work and have aspiration of more. Let us not stop dreaming, let’s not settle for less and let us not let anything discourage us, he concluded.

Mr. Alpesh Shah in his Foundation Day Lecture congratulated IIM Indore community for completing its remarkable 25 years. He noted that the institute has progressed not only in the terms of rankings, but also in gender diversity. ‘It has been said that 50 percent of the brains in this world are women and we must have gender equality in every organization to become successful. IIM Indore has more than 42% of female participants and this is remarkable’, he said. He shared seven key elements for creating an institution: Define your purpose, Create a perfect team, Persist in sustained pursuit of excellence, Keep preparing, Run your own race, Be Bold and Live the values. ‘Every organization must have a purpose and that should be embedded in every stakeholder’s vision and mission. This can be achieved with a perfect team, for a perfect team isn’t about having perfect individuals, but recognizing the unique talents of every team member – to make a team perfect’, he said. Being a sports enthusiast, he shared multiple sports videos to explain how persistence and hard work helps a person succeed in life. ‘Life is a marathon and we need to prepare over and over again – to run our own race and not chase each other’, he said. He advised to always live the values- every single time, as values, morals and ethics help you become successful in life.

On this occasion, an IIM Indore Special Cover by the Department of Posts was also released to memorialize the 25 years of excellence of the Institute. The special covers were revealed by Prof. Himanshu Rai; Mr. Alpesh Shah (Chief Guest); and Mr. Praveen Shrivastava, Superintendent of Post Offices, Indore Moffusil Division.

The participants of IIM Indore have equally been contributing to the growth and progress of the Institute. This year, to make the 25 years special, the Media and PR committee of IIM Indore launched the official podcast – The I-View. The I-View aims at invigorating thought leadership by leveraging the holy triumvirate of IIM Indore’s faculty, alumni and the student community. The podcast will emphasis on contextually relevant topics ranging from ethical leadership, finance, marketing, management, and many more.

uring the lockdown, the student-led Product Management club of IIM Indore – ProdLab recognized the requirements of the students of IIM Indore who are tech-savvy and choose to perform their day-to-day activities with just a tap on the screen. Hence began the conceptualization of the IIM Indore campus app, Pocket-I, which was launched on Foundation Day. The app aids the IIM Indore community members to connect, document notes and timetables, get information about the vendors on campus, sports facilities and booking slots, and much more.

Every year, the Institute felicitates its teachers with the Best Teacher Award. This year, the award was presented to Prof. Jatin Pandey and Prof. Manoj Motiani who received a memento and a cash award of Rs. 1 Lakh each.

The Best Staff Award was also announced on this occasion. The awardees included Mr. Unni KR (Rs. 40,000), Mr. DDV Prasada Rao, Mr. Anand Dodawad, Ms. Nisha Rathod, Mr. Vijay Kumar, and Mr. Pravah Shukla. All the awardees received a memento and a cash award of (Rs. 30,000 each).

Employees who have been associated with IIM Indore for 10 and 20 years were also felicitated on this occasion with the 10/20 Years of Service Awards. These included Prof. KR Jayasimha, Prof. Swatantra, Mr. Unni KR and Dr. Baldev Dembani.

On this occasion, the top 5 percentile of the PGP, PGPHRM and IPM participants also received their Certificate of Academic Excellence.

On this occasion, IIM Indore also freed 25 birds from cages as a symbol for freedom, growth and prosperity.

The event concluded with the national anthem.

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IIM Indore Celebrates Silver Jubilee, the 25th Foundation Day