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Gravity Magazine_Final - Great Lakes

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FOUNDER’S MESSAGE<br />

1<br />

Welcome to <strong>Great</strong> <strong>Lakes</strong> Institute of<br />

Management that is Powered by Knowledge<br />

and Steered by Ethical Values with a<br />

'Global Mindset and Indian Roots'. It is with<br />

extreme delight that I introduce the second issue of<br />

<strong>Gravity</strong>, the <strong>Great</strong> <strong>Lakes</strong> magazine. The theme for<br />

this issue is India Balanced Scorecard, a Reality<br />

Check.<br />

How do customers see us?<br />

Founder and Honorary<br />

Dean's Message<br />

At <strong>Great</strong> <strong>Lakes</strong>, excellent start to the placement<br />

season, 80 offers trickling in the first two days of<br />

placement cycle itself, has set the pace for another<br />

eventful year; the admissions for next batch are in<br />

full swing.<br />

On a wider perspective, India continues on a dream<br />

run of 7-8% growth. It has never been a one<br />

dimensional nation and continues to challenge its<br />

interpreters. State heads from developed nations<br />

are making rounds unaffected by Third World<br />

myopia.<br />

But not without an effort, India has been a frontrunner<br />

in forging relations. Even in the tentative<br />

moments of freedom, when secularism and<br />

socialism defined the nationalist ideal, leaders like<br />

Nehru had the prescience to foresee the possibilities<br />

of liberalization in the post-Stalin Soviet Union and<br />

who with Tito and Nasser was one of the chief<br />

architects of the nonaligned movement. Russian<br />

alliance got a further boost with Mr. Gorbachev<br />

transforming the former Soviet Union to the current<br />

group of Russian nations. Global relations seem to<br />

have come full circle and India's intent in the past<br />

one decade seem to have borne fruits with President<br />

Bush approving the nuclear deal, helping meet one<br />

of the key infrastructure challenges of an energy<br />

starved nation. The successful transformation of<br />

the US-INDIA relationship will have a decisive and<br />

positive influence on the future International<br />

System, such that India will benefit by leaps and<br />

bounds.<br />

If India is to become the THIRD largest Economic<br />

Power, it is not going to be attained either by<br />

Politicians or by the Government and Bureaucracy<br />

but by Business Entrepreneurs and Leaders of<br />

tomorrow who are groomed by <strong>Great</strong> <strong>Lakes</strong> and<br />

other schools of higher quality and values.<br />

What must we excel at?<br />

Increased acceptance globally also entails<br />

responsibility. Indian businesses are now leading<br />

the transnational mergers and acquisitions BUT<br />

still managers with global perspective are a<br />

scarcity. It's definitely by design that at <strong>Great</strong> lakes<br />

a global perspective and constant innovation surge<br />

in curriculum is sustained through multifaceted<br />

initiatives.<br />

One such initiative; Dr. Deepak Chopra's lecture at<br />

<strong>Great</strong> <strong>Lakes</strong> delved into hitherto unchartered<br />

territory on the Indian management scene. In<br />

addition Dr. Chopra and I have designed a new<br />

management development course titled 'Soul<br />

Leadership' on the lines of a similar course<br />

conducted at the Kellogg. Essentially, efforts<br />

should be made to contain the social costs related to<br />

stupendous growth witnessed in India. Young<br />

managers achieve levels of prosperity in a couple<br />

of years what took their parents couple of decades,<br />

So they look for larger meaning of life and courses<br />

like these will help round out business ready<br />

managers for longer hauls.

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