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BEACON 2016

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Loyola Institute of Business Administration (LIBA) has been organizing various programs and activities to promote business ethics and good corporate governance among its stakeholders, particularly the students. One such program is the annual Business Ethics Conference (BEACON) which LIBA has been organizing since 2007. The eleventh edition of BEACON, was held on 14th October 2016 and it focused on the theme – Leadership and Ethics for the Emerging Future.The conference was organised by LIBA in collaboration with National HRD Network, Chennai Chapter.

Fr.Christie, SJ, Director, LIBA highlighted the passion of Jesuits in initiating Business schools in India to create socially conscious and ethically oriented leaders and mentioned that the sessions that would follow would be ‘thought provoking, enriching, challenging and inspiring’.Rev. Fr. A.M. Francis Jayapathy SJ, Rector, Loyola College, elaborated on ‘Leadership and Ethics for the emerging future and brought out the nuances of leadership by highlighting the importance of the means in achieving the various ends that everyone traverse over. Mr.SujithKumar , Honorary President – NHRDN, Chennai Chapter and a Loyola Alumnus, mentioned about how NHRDN is in partnership with various B- schools in India  ,so as to make Human Resources a specialization that is sought after by the  students which doesn’t seems to be the trend. Mr.Sridhar Ganesh, Associate Professor HR, LIBA, quotes  that Mr. Prakash Tandon, the first chairman of HIL mentioned that a HR person should have ‘Character, Competence and Commitment‘ which stands pertinent even after 60 years.

The Chief Guest Padma Bhushan Dr.Mrityunjay Athreya recollected with nostalgia his  journey as an alumnus of Loyola College and highlights the importance of Human Resources and emphasised that ‘the future is only for ethical leadership’. He also mentioned that the three keywords Emerging future, Ethics and Sustainability should be entwined in a way that all have equal priority. He spoke of the modern jargons of Business from Big Data to robots and highlights of how there could be a balance between automation and Human resources. Another insight brought was that moving up the hierarchy can be only due to character than competence, as a leader always has a competence basket at his dispersal. Dr. Athreya concluded by saying that earning and retaining the trust is the key for success and fortune is for companies who build sustainable trust. He mentioned that the need of the hour is for missionary mangers rather than clever managers.

The First session focused on HR and ETHICS and had eminent speakers from the industry addressing the students on various topics relevant to the session and included:

Mr. Sujith Kumar, HR Business Leader, Infosys Ltd &, Honorary President – NHRDN, Chennai Chapter spoke on the Impact of Ethics and Governance in shaping Employee Attitude and Behaviour. Mr. Judhajit Das, Chief – Human Resources, ICICI Prudential Life Insurance Company Ltd, highlighted the need to rethink Talent Management? – Issues and Challenges, Mr. Prabhakar Lingareddy, Vice President – Human Resources (Agri-business Division), ITC – Agri Foods, spoke on The role, significance and need for “Spiritual Quotient” in Organisations, Ms. Gangapriya Chakraverti, Director – Human Resources, Ford Motor Company-Global Business Services, discussed on Employer attractiveness through CSR.

The Second session focused on LEADERSHIP AND ETHICS and had speakers addressed on topics which include:

Mr. S. Venkatesh, President-Group HR & Management Board Member, RPG addressed on Leadership in the context of Ethics and Governance- Are we there?, Ms. Uma Rao, Vice President -Human Resources, Ashok Leyland Ltd, spoke on Ethics, Leadership and Business Results – Is there congruence and can there be?, Ms.Susan Thomas, Executive Advisor ,HR, Sundaram Fasteners, discussed on Developing value-based Leaders? Challenges and Prospects, Mr. Shyam C Raman, Executive Vice President – Group HR, Murugappa Group highlighted on the topic Leadership for creating a work culture centred on Freedom, Responsibility and Excellence.

Honorable Minister Mr. K Pandiarajan, Minister for School Education, Sports and Youth Welfare, Government of Tamil Nadu, was the Guest of Honour at the Valedictory session. Fr.Christie, Director LIBA recollected his acquaintance with the minister who stands as an epitome of ethics and leadership in his various stances as an entrepreneur, politician, and philanthropist. Mr. K Pandiarajan emphasized on the difference between ethics and morality. He said Ethics is a beacon to guide us through all the existential dilemmas and could be leveraged. He mentioned that retreat based education followed by Jesuits have a huge and deep rooted impact on the students who become future managers.

BEACON 2016 was a great success and it achieved its objective of creating an awareness and making a onscious choice of Leadership in conjunction with Ethics and good Governance among key stakeholders and students.Mr.Krishnamurthy enumerated the defects prevailing in the current Election system of India such as the First-Past-The-Post system in which the candidate with the majority of votes is deemed the winner,and compared it to the election system across the globe like Germany which follows this system along with the Proportional Representation. The students realized the importance of sound political parties with need for nationalized views rather than the ones with selective views catering to specific sections of the society as a ruse to garner votes from his speech. On the same note he explained the significance of Symbols and the various methods

of their selection by National, State and Other political parties. The difficulty in managing the whole process of election especially in certain areas such as Jammu and Kashmir vandalized by terrorism and states of Maharashtra, Chhattisgarh, etc. by the activities of Naxalites made the listeners realize the arduous effort of the Election Commission of India during every election.

Mr.Krishnamurthy enumerated the defects prevailing in the current Election system of India such as the First-Past-The-Post system in which the candidate with the majority of votes is deemed the winner, and compared it to the election system across the globe like Germany which follows this system along with the Proportional Representation. The students realized the importance of sound political parties with need for nationalized views rather than the ones with selective views catering to specific sections of the society as a ruse to garner votes from his speech. On the same note he explained the significance of Symbols and the various methods of their selection by National, State and Other political parties. The difficulty in managing the whole process of election especially in certain areas such as Jammu and Kashmir vandalized by terrorism and states of Maharashtra, Chhattisgarh, etc. by the activities of Naxalites made the listeners realize the arduous effort of the Election Commission of India during every election.

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