Jaydip Sinha, Senior Managing Director, Madison Street Capital, delivers Power Talk at MYRA
The 19th CXO Power Talk at MYRA School of Business was delivered by Jaydip Sinha, Senior Managing Director, Madison Street Capital, India, recently.
Addressing a large audience comprising of the students and faculty of the school, Sinha began his talk on ‘Sustainable Careers for Sustainable Business’ by reiterating the fact that staying at the number one position is tougher than getting there.
To sustain one’s success in career or business, one must reinvent oneself continually to remain relevant and ahead of the curve. First, clients expect engagement and hand-holding throughout their business cycle and a Manager who identifies loopholes in the systems and processes of the client will effectively establish his tough leadership. Second, there is a lot of turbulence owing to the complexities in the business environment; a Manager who forecast this turbulence will become indispensable to his employer as well as his clients. Therefore only a multi-faceted individual who can work in a multi-cultural environment can have a sustainable career. It is alarming to note that the average time spent by a Manager in his campus-recruited job is a meagre 7 months!
This is where Sinha had some advice for Indian B-Schools.
Drawing from his experiences across the world, Sinha deplored the lack of engagement between industry and academia amongst the majority of B-Schools. Most B-Schools in India dial their industry contacts only during the placement season. Otherwise the involvement of industry in shaping curriculum beyond an AICTE or UGC syllabus, in identifying and nurturing students is totally absent. Also conspicuous by its absence is the involvement of faculty members in consulting on live-projects for the industry.
Sinha signed off with a pertinent call to students to ‘get their hands dirty’!