2nd IIM Global Management Summit, London.
October 4th, 2007.
Global business has changed dramatically at the beginning of the 21st
century, following a period of upheavals which included one of the
largest economic booms followed in turn by an all pervasive internet
bust, the spread of globalization, pressure on the environmental
front, and continuing political, social & economic divisions. These
changes have transformed the very nature and business models of global
companies as they gear themselves to succeed in a new world.
Globalization is here and now – no longer a future trend, having
created as many opportunities as it has challenges. Businesses have
rapidly learned to leverage the relative strengths of geography, both
by applying learning from one market to another and getting things
done cheaper, faster, and better. Further, shunning the “not invented
here” syndrome, global companies have adopted innovative ideas and
brought them into mainstream practice. This in turn has spawned
greater competition and a quick replication of every success –
requiring businesses to generate sustainable innovation to stay ahead
of the pack. Businesses both large and small are adopting new
methodologies, strategies, and practices on an unprecedented scale.
Clearly, these changes are here to stay. The second global management
summit will explore these trends and discuss the causes of the shift,
the path which lies ahead, and try to predict where it can lead us.
SonicRim Founder and CEO Uday Dandavate will join a panel of eminent
innovators from European companies in a discussion on Innovations in
IT, Media, and Telecom at the 2nd IIM Global Management Summit,
organized by the IIM Alumni Association, Europe. The Summit will be
held at the The Grand Hall, New Connaught Rooms, London on October 4th
2007.