Mahratta Chamber of Commerce, Industries & Agriculture
(MCCIA) organized the Leadership in Industry 4.0 conference, in
association with IIM Ahmedabad, at the MCCIA, Pune on 24th November
2017. The conference elicited an overwhelming response with stalwarts from
various industries, members and guests attending the daylong session.
Manasi Kirloskar, Executive
Director & CEO, Kirloskar Systems Ltd. was amongst the key speakers at the
conference.
Her speech
highlighted: “Industry 4.0 is about cyber physical systems, IoT, cloud
computing and cognitive computing that are enhancing automation to create smart
factories. Quantum jump in artificial intelligence, real time communication,
big data, and ubiquitous connectivity are some of the forces driving this
change, which will result in substantial efficiency enhancements and greater
flexibility in manufacturing systems. It will also lower the labor intensity of
manufacturing and require completely newer skill sets. Therefore, Industry 4.0
will also redefine the existing paradigms with low cost of labor and scale of
production no longer remaining the source of competitive advantage”, she
said.
The speech was followed by a
Q&A session moderated by Vandana Saxena Poria, OBE (CEO Get Through
Guides). When asked about her views on how leadership has changed with regard
to millenials, Manasi said, “I think it is important for us to understand that
millennials have been born in the age of instant everything. If we have an
idea, we want it executed that very second. Thanks to technology, we have
everything at our fingertips. Every piece of information can be accessed
instantly. I don’t think that it’s the millennials who have to adapt to the
system anymore. The system has to change in order to optimize a millennial’s
energy levels and way of thinking”.
The dynamic 5th generation
Kirloskar and great granddaughter of S.L. Kirloskar, Manasi carries forward a
150-year-old legacy with intelligence, commitment and style!
Besides Manasi Kirloskar,
some of the other distinguished speakers at this prestigious event were Ishaat
Hussein, Non-Executive Director, Tata Sons and Kishore Jayaraman, President
India & South Asia, Rolls Royce.
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