Foundation Day Lecture 2021

Dr. Hasmukh Adhia IAS (Retd)
Chancellor, Central University of Gujarat
Non-Executive Chairman, Bank of Baroda
Former Union Finance Secretary & Revenue Secretary



Every year Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) commemorates its Foundation Day through a lecture delivered by an eminent person. This year the Foundation Day lecture was delivered by Dr Hasmukh Adhia IAS (Retd), Chancellor, Central University of Gujarat and Former Union Finance Secretary and Revenue Secretary to an audience consisting of young management students, faculty members and invitees. 
In his lecture Dr Adhia stated that just gaining entry into top academic programs or coveted civil services alone did not guarantee success. Only a few reached the pinnacle. Success has over the years evolved into something that everyone wishes to lay their hands on, but success would come only out of sheer excellence in everything a person does no matter how trivial the activity might seem to be, elaborating on the idea Dr. Adhia laid out 7 mantras to success that could be practised.  He started with the first mantra which was “Importance of Setting Goals”, which he emphasised as having a mental picture that helped subconsciously in bringing one’s goal to reality. 
The Second mantra, he focused was on the importance of excellence while performing a task, irrespective of the type, size, or scale of the task. He touched upon the idea that one should complete a task with excellence and grace. The third mantra was acceptance of results. He emphasised on the approach to respond to adverse situations and negative results, keeping in mind the hard work and dedication that had been put into the task or job. It is important to accept whatever the result of one’s hard work might turn out to be in a positive sense of mind, otherwise, one would be frozen in the situation and the future would be blocked. He introduced the concept of “Dynamic Acceptance”, which he involved putting the best efforts to avoid adverse results. He also spoke about the importance of excellence and efforts which would lead to success.  
The fourth mantra which Dr. Adhia highlighted was about avoidance of ego despite personal success. In one’s journey to success, there would be involvement of many individuals, and success is not something that was achieved by a single person’s effort. A lot of people and favourable factors contribute to one’s success. It was not a single factor but a culmination of multiple factors. 
Dr Adhia further added that fifth mantra revolved around being a lifelong learner.  The day a person stopped learning he/she stopped growing. He further reiterated the fact that to achieve success and excellence in life one must keep learning throughout his/her life. In today’s ever evolving world it was imperative to keep abreast of changes around us. 
The sixth mantra making only those promises that could be delivered. Throwing light on this aspect he added that if promises, even if they were small ones, were kept, led to enhancing credibility of the person. Informing the other party on time if promises could not be met was also relevant.
The seventh and the final mantra was managing oneself, before managing others and how important it was to keep body and mind in control. One must understand, examine and introspect where they stood as a person, because one could control emotions and body through the mind. Yoga is such a system he added.
The question and answer session was moderated by Dr M R , Suresh, Professor of Marketing, SDMIMD.
Earlier, Dr. M.R. Suresh, while introducing the concept of the SDMIMD Foundation Day lecture series stated that in addition to giving knowledge through formal programs, the institute also invited distinguished people every year to share their insights so that young management students developed a broader vision.
Student Coordinator and representative Mr. Vineeth Bharadwaj presented the vote of thanks.