[Dec 2007, Volume 4 Quarterly Issue] Pdf File size - The IIPM Think ...

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THE FUTURE IS HERE
“The great aim of education is not
knowledge but action.”
-Herbert Spencer
Since its incorporation (1973), IIPM has been an institution with privileged traditions, in the
diversity of its fraternity, its global outlook, its world class research and its commitment to alternative
national economic planning process.
It can be said, without much oversimplification that there are no ‘underdeveloped economies’.
There are only ‘under managed’ countries. Japan 140 years was ago was an underdeveloped
country by every material measurement. But it very quickly produced management of great
competence, indeed of excellence. The policy inference is that ‘management’ is the prime mover
and ‘development’ is the consequence. At IIPM, every one considers that development is a matter
of human energies rather than economic wealth. And the generation and direction of these human
energies is the task of ‘management’. Accordingly, we formed The Great Indian Dream. Unlike
any other dream, this is one dream which each one of us are determined to realise and that too in
our own lifetimes. Each bit of cynicism and condemnation from pessimists makes us evolve even
stronger and determined.
All our endeavours and initiative is towards realisation of this dream, where in we produce
committed ‘bare foot’ managers and entrepreneurs who are needed by nation, on an insistent
basis. As an educational institute, we aim at initializing a three dimensional personality in IIPMites,
viz.
Pursuit of knowledge in economics and management
Commitment to economic, social, political and technological upliftment of masses and
Cultivation of taste for literature, fine arts and etc.
Economists often have limited access to the practical problems facing senior managers, while
senior managers often lack the time and motivation to look beyond their own industry to the
larger issues of the global economy. It has set before it the twin tasks: to reorient education and
research towards the needs of both the private and public sectors and to establish the link between
the National Economic Planning and the development of private enterprises in Indian economy.
IIPM dares to look beyond, and understands that what we teach today, other adopt tomorrow.
IIPM’s service output (education, research and consulting,) is a unique combination of two distinct
disciplines: economics and management. Through this integration, IIPM helps guide business and
policy leaders in shaping the Indian and global economy, bringing together the practical insights
of industry with broader national and global perspectives.
A hall mark of IIPM is that it is armed with the comparative advantage of engaging the
committed, passionate and brightest management post graduates and undergraduates, who
pursued the education at IIPM and subsequently joined it, to realise the dream. IIPM alumni, spread
across the globe, holding crucial decision-making positions in the corporate sector, are bonded by
the one ideology of making a positive difference, turning that ideology into a movement itself.
The India Economy Review is another humble initiative towards the realisation of the same and
more distinctly, engaging the broader publics and pertinent stakeholders.