XLRI ExPGDM 20th Batch of 2021-22 held it’s maiden consulting event Fulcrum – The Consulting Conclave on 12th of February 2022. It was graced by many prominent speakers such as Sanjay Dawar, Managing Director of the Global Consulting Network at Accenture, Prakhar Tripathi, Director, Deloitte, Anurag Johri, Managing Director, Accenture, Rahul Sanghvi, Partner, BCG, Lokesh Gupta, Partner, EY, Samir Sathe, Executive Vice President, Wadhwani Foundation, Vivek Kamra, MD, Alvarez & Marsal, Mohinish Sinha, Partner, Deloitte, Aditya Malik, Director, Strategy&, Paul Praveen, MD, Huron Consulting, Ipshita Ghosh, MD, Accenture, Abhik Chatterjee, MD, BCG, Brajesh Singh, President, Arthur D. Little, and Vicky Bahl, Partner, Grant Thornton Bharat.
The Session was inaugurated by Mr. Ranaveer Sinha, President of Alumni Association XLRI and Member – XLRI Board of Governors where he shed the light on the rich history and culture of XLRI and how it was started as the oldest B-Schools in the country, followed by the Keynote address by Mr. Sanjay Dawar, Managing Director, Global Consulting Network, Accenture, on Consulting of the Future. As a Managing Director in India, Sanjay has extensive experience working with clients in India and globally across the entire spectrum of consulting services at the intersection of business and digital / technology for over 30 years. He currently leads a team of 5000+ strategy and consulting professionals across India, Malaysia, the Philippines, Poland, and Latin America. In his keynote, Mr. Sanjay shared his thoughts on modern day consulting, how the world of consulting is evolving ever so quickly, how important it is for consultants to keep creating value for customers even after the engagement is over, value of focusing on process excellence and people and not just on outcomes and lastly, constant upskilling is the key to changing requirements of the future.
Next was the speaker session by Mr. Prakhar Tripathi, Director, Deloitte on Decoding Synergy and Unlock Human Capital Potential in Mergers & Acquisitions. He addressed the issues around Human Capital in Mergers and Acquisitions and how consultants pitch in to resolve those challenges. Post that there was an enticing discussion with leaders on Strategize Business Turnaround and Transformation: The India Opportunity with a panel comprising of Mr. Anurag Johri, Managing Director, Accenture, Mr. Rahul Sanghvi, Partner, BCG, Mr. Lokesh Gupta, Partner, EY, and Samir Sathe, EVP, Wadhwani Foundation, and the session was moderated by Prof. Indrajit Mukherjee, Professor in Strategic Management, XLRI Jamshedpur. This panel covered various aspects of how business turnarounds work, why they are needed, and how effective execution is needed to successfully turnaround a failing company or an organization in distress. The discussion over these business turnarounds covered various aspects including Finance, Strategy, Organizational Culture, Human Capital, and Operations.
After the first panel discussion we had another individual speaker session by Mr.Vivek Kamra, MD, Alvarez & Marsal on Business Strategy and Effective Execution. The session was followed by the second panel discussion on Strategy and Tech: Tracking the Convergence with panelists Mr. Mohinish Sinha (Partner, Deloitte), Mr. Aditya Malik (Director, PWC), Mr. Paul Praveen (MD, Huron Consulting), and Ms. Ipshita Ghosh (MD, Accenture) under the moderation of Prof. Kalyan Bhaskar, Professor in the Strategic Management, Business Sustainability and Public Policy & Business Strategy, XLRI Jamshedpur. This panel discussion covered various aspects of how technology is enabling the change in the world of consulting, how business models are evolving with the changing technology, how COVID has impacted the momentum in technology adoption. The esteemed speakers also briefly shared their perspectives on the emerging topics of Blockchain, Metaverse, and NFTs.
The panel discussion was followed by another fascinating individual address by Mr. Abhik Chatterjee, MD, BCG, on Winning in Digital India: The Art & Science of Crafting Success and Jugaad to top it all. In this session Abhik talked about the importance of structured thinking in consulting and the uniqueness of jugaad in Indian from an Indian context. Then Mr. Brajesh Singh, President, Arthur D. Little, talked on Why Consultancy Matters: For Organizations and Individual. The event witnessed its last session by Mr. Vicky Bahl, Partner Grant Thornton on What it takes to thrive as a Management Consultant. In this Vicky talked about the real values that are needed for consultants to thrive in a challenging environment. He also talked about the level of grit, perseverance, and commitment this role requires along with the importance of effectively breaking down a problem to succeed as a consultant.
The event was concluded with a Vote of Thanks by Prof. Kanagaraj Ayyalusamy, Professor & Placement Convenor, ExPGDM, XLRI Jamshedpur.
The one-day ExPGDM flagship Consulting conclave was a virtual event which offered its audience an amalgamated flavors from various backgrounds in Consulting Industry addressed by renowned Professionals with top Consulting divulgence.