Anil Ambani, vice chairman and managing director, Reliance
Industries (RIL), while addressing the convocation ceremony
of the Indian School of Business (ISB) here said, "Successive
generations will have to change their career planning
with growing longevity of employees."
convocation ceremony at ISB, was attended by Dr Vijay
Mahajan, Dean of ISB, and prominent corporate personalities
such as Rajat Gupta, co-partner of McKinsey Corp, Dipak
Jain, Dean of Kellogg Business School, Jagmohan S Raju
of the Wharton Business School and Anil Ambani CMD RPL
as the chief guest.
began his talk in a lighter vein saying, "I reverse
the instructions given to you at the beginning of the
programme. Switch on your mobiles... I also have a job
to take care of." However, his talk progressed to
more serious issues such as increasing the longevity of
people at the work place.
said longevity was increasing in India and all over the
world and more and more people were able to contribute
fruitfully to their workplace till the ages of 75 to 80.
With increasing healthcare services, very soon managers
would have to reorient their career plans. The concepts
of retirement at the age of 55 to 58 would change.
went on to say that India was well on its way to becoming
an economic superpower and said the country needed more
young people to lead. He said India is passing through
exciting times and an era of intellectual capital wherein
the youth have a very significant and leading role to
play. Quoting his father, the late Dhirubhai Ambani, Anil
Ambani said that his father used to define a leader as
a person who could attract followers.
another note, he lamented the fact that very few women
seemed interested in joining business schools. He noted
that of the students enrolled at ISB only 17 per cent
were women, while at the Harvard Business School in the
US more than 35 per cent of the alumni comprised women.
Rajat Gupta, senior partner at McKinsey & Co and chairman
of ISB, who opened the convocation proceedings, said that
the ISB would not have come into being without Anil Ambani's
initiatives. He told the students, "It is you who
have to turn the institute into a brand."
Jain, dean of the Kellogg School of Management, said,
"Kellogg is committed to making the ISB a world-class
institution." He said he was very pleased to see
the remarkable progress the ISB has made in just three
is one of the ISB's partner schools the graduation
certificates are co-signed by the deans of the ISB, Kellogg
Mahajan, dean of the ISB, in his welcome address laid
out the achievements of the school. He said, "The
ISB is poised for great things. Our students are exceptional
their talents have been well appreciated by the
corporate world, and we have had yet another outstanding
and touching tributes were paid to late Sumantra Ghoshal,
who was a visiting faculty at the ISB during the course
of the ceremony.