2022-23

“Humans alone can define value and values.  Hence, it is important to keep the human in the loop.” said Dr. Lee Schlenker Professor of Business Analytics and Principal Consultant, Business Analytics Institute, France. He was speaking on the topic “Artificial Intelligence (AI) for Good” at the 14th Edition of the Annual Leadership Talk (ALT) organized by Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) Mysore on its campus on February 8, 2023.

 

In his address to the students, Dr. Schlenker highlighted the use of AI for social good and ethical AI. He differentiated between Machine Learning and AI, spoke about what it means to be human and why it is important for humans to take the lead. While Machine Learning and AI have the end goal of improving decision making and proposing an optimal solution respectively, it is how we use it that matters. He said that in today’s world, the capacity for human agency is being challenged by machines. He urged the audience to not give in to conversational AI tools like ChatGPT and to use their ability to think and act independently. 

 

Earlier, Dr. S.N. Prasad, Deputy Director, SDMIMD, welcomed the gathering. Dr. Neetu Ganapathy, Faculty of Business Communication and Information Systems moderated the Q&A session and presented a vote of thanks while Ms. Mahima compered the event. Dr. Sunil M.V., Head of Academic Administration, faculty members, students, staff and invited guests were present during the event. 

‘Integrity, Situational Awareness, Financial Knowledge, Investing Experience, Credibility in the Market and Network with Financial Professionals, are the core qualities for a wealth manager. Often wealth management is linked to the financial stream, but it is a blended combination of finance and sales’ thus said Mr. Vijay Kumar, Alumnus of PGDM 2009-21 Batch and Independent Financial Advisor and Wealth Manager, on February 3, 2023 at SDMIMD. 

 

Mr Vijay said that the with the increase in the global wealth the private wealth sector is showing significant growth. The role of private wealth manager is becoming more relevant and significant to navigate the complexities of financial markets for the individual investors. 

 

The talk introduced the students on campus about this avenue and how they have to prepare themselves to enter this domain. 

'The opportunity, facility and avenues are abundant. Youths should be information literate to understand themselves and explore the future. Understanding capabilities and passion blended with zeal to achieve the goal is the key requirement,' thus said Dr S.N. Prasad, Deputy Director, SDMIMD, to the Final Year, Undergraduate students from Government First Grade College, Bharathi Nagara, Mandya District, on Saturday, February 4, 2023. The career advancement session was organized under the Unnat Bharat Abhiyan (UBA) initiative of the Central Government by SDMIMD for rural students. Dr Prasad gave an overview of the social initiatives of Shri Kshethra Dharmasthala and SDMIMD's role as part of the Vidhya Dhana, one of the philosophies of Dharmasthala. 

 

Dr. L. Gandhi, Chairman - Admissions & Faculty - HR, gave the orientation on how to prepare for the admissions process for an MBA Program specifically and the need for continuous learning for young graduates. 

 

Dr. Sunil M.V., Head - Academic Administration & Nodal Officer, UBA, SDMIMD, delivered the welcome address and coordinated the event. 

'As we look to the future, we must acknowledge that our world is changing at an unprecedented pace. Technology is transforming the way we live, work and communicate. Climate change is altering our environment and economies. And the world is becoming more interconnected and interdependent. But with change comes opportunity. We must use this opportunity to build a new India with social inclusiveness' thus said Dr Sunil M.V., Head – Academic Administration, SDMIMD, during the 74th Republic Day celebration at SDM Institute for Management Development (SDMIMD), Mysore.

 

Dr Sunil called upon the young managers of the institute to be with society and the environment as the responsible manager. Further, he said, 'don't ask what the world needs. Ask yourself what makes you come alive, and then do that. Because what the world needs is people who are alive.'

 

Dr S N Prasad, Deputy Director of the Institute and faculty members Dr M.R. Suresh and Prof. C.V. Sridhar addressed the students during the event. Patriotic songs and views on the importance of the day by the students; and the distribution of sweets with community breakfast marked the 74th Republic Day Celebration at SDMIMD. Faculty, staff and students participated in the national festival.