While having an eminent guest speaker is usual for the students of Welingkar’s Institute, the excitement was at the paramount level for the visit of Nobel Laureate Dr. John Warren. “Dr. Warren was awarded Nobel in Physiology (Medicine) along with Dr Barry Marshall for the discovery of bacterium Helicobacter pylori. He is a Companion of the Order of Australia,” informs Uday Salunkhe, Group Director of WeSchool.
Dr Warren spoke about dedication and diligence for carrying on research in an untapped field of science for more than two decades. “When we started our research, scientific and technological tools were not advanced. Science believed that bacteria couldn’t grow in stomach, good biopsies were rare, and there were no clinical specimens.”
But refusing to be discouraged, they kept experimenting and after years of hard work, discovered the bacterial strain, a miracle that opened new vistas in discovering treatments for gastritis and peptic ulcers. The biggest challenge, he said, was “To convince the clinicians to see what was right in front of their eyes.”
His lecture reinforced WeSchool’s AAA philosophy of acquisition, application and assimilation of knowledge. His passion for photography helped him capture the finer details of specimens under the microscope while he creatively integrated art with medical science and innovations for societal benefits.
On being asked his opinion of the belief that it takes 10,000 hours of practice to chisel out a genius, Dr Warren humbly said that he didn’t consider himself to be a genius as he was really trying to prove what was already there.
The world we live in is changing swiftly. In these changing times, old habits will prove ineffective and fail to have any impact on the growth of life. “The type of change which has been witnessed in the realm of business during the past two centuries since the dawn of the Industrial Revolution era in the West is of such a fundamental character that it has materially altered the entire fabric of man’s way of life,” explains Uday Salunkhe, Group Director of WeSchool.
Uday Salunkhe states that corporate are thinking of retaining due to lack of trained manpower in all industries and sectors.
The rate of attrition of skilled employees in IIT, ITES, Banking and Finance and insurance sectors is rising. In other sectors, this trend is catching up. Dr. Salunkhe points out that these issues occur due to the availability of lucrative options for career growth, attractive pay packages, better relations and stress-free working environment.
“Today’s youth will quit their jobs because they want to earn more and keep up with the fasttrack lifestyle,” he adds. In addition to these, there is serious disagreements with seniors and disconnect with peers.
Companies build up their human resources for good times as well as bad. The idea is to stay better prepared to face challenges of attrition and retention.
For several reasons, it is always best to invest in employee training. Companies must help employees identify their skill sets and develop them.
“Training and retraining saves time and is cost effective as it helps the company to retain a competitive edge, boost employee morale and lead to growth,” says Dr. Uday Salunkhe.
A multiskilled employee can be very effective contributor to the work output of several traditional training disciplines. It reduces labor cost, improves productivity and turnover.
“Having multi-skilled workforce is a necessity in today’s era of specialization. Corporates rehire people returning from school or other industry with improved knowledge and skill sets,” concludes Dr Uday Salunkhe.
“Failure is a temporary setback,” says Dr. Uday Salunkhe, Group Director of Welingkar. “Most successful people take learning from their failures and use them to build the foundation of their success stories.”
To achieve success, one must banish the negative words from his vocabulary and psyche. “Relax, rethink and reorganize,” he says. Every experience in life gives us a positive aspect. Similarly, failed goals direct us to a better path.
Dr. Salunkhe points out that each individual is born with his own set of talent, traits and attitudes. A meaningful and rewarding career is a part of life and not life itself, he adds. One’s thoughts and actions should be the guiding force and not the external pressures.
Uday Salunkhe urges the youth of today to inspire and motivate themselves. “Dream becomes a goal when put to action,” he says. A reason to do something must provide a meaningful motive to believe that the goal is attainable.
Attitude, enthusiasm and commitment play an important role in achieving a goal. “One must challenge and fine tune various approaches of achieving goals,” he says.
Dr. Salunkhe urges that it is never easy to reach the first rung of success. Hence, one must not be complacent. “Successful people keep working despite failure. They work with enthusiasm, inspiration and passion t achieve higher level of success,” he informs.
Success should be looked at as a positive attitude to life. Success is no longer restricted to top jobs, bank balance or latest cars. “Success is more about all-inclusive quotient of physical, emotional and spiritual gratification,” Dr Uday Salunkhe concludes.
A conclave for Rising North-East India was hosted at Welingkar Institute of Management Development and Research. Only recently, Prime Minister Narendra Modi had stated that North East India will play a vital role in the development of our nation. The conclave was attended by Shri Dattatray Hosbale, Joint General Secretary of RSS with Governor of Maharashtra, Shri CV Rao, as Chief Guest.
The two guests shared their views on the contribution of North-East in India’s economic and social development. Shri CV Rao addressed that the Maharashtra should support the students of North East by providing technical and management skills. “Education institutes like WeSchool should encourage students, especially girls, to learn new skills and compete at national level,” he added.
Dr Uday Salunkhe, Group Director of WeSchool, stressed on the role of education institutes and stated, “We should focus on Leadership, Innovation and Entrepreneurship to nurture and develop the youth community and the nation. WeSchool believes in building Global Citizen Leaders and works towards instilling leadership skills in the budding entrepreneurs. Project Netrutva is initiated to groom students from economically weaker backgrounds and offer them an opportunity to attain management education to facilitate in building their career.”
He further pressed on the importance of providing equal opportunities to students from all financial backgrounds to excel in their fields. “The youth must be part of playing a role in Leadership and experiencing it. If we as a nation take this role to improve inclusiveness, we will soon see youth believe and participate in the change and transformation we want to see,” concluded Uday Salunkhe.
Aditya Vikram Birla earned a chemical engineering degree from MIT, USA. Business families tend to send their scions for overseas business management programmes. Uday Salunkhe, Group Director of Welingkar, explains the reason behind this decision as, “They want some honest international exposure and an independent lifestyle, which they may not get back home. Before they enter their work life, they want some independence and experience of how to deal with that independence and take responsibility.”
Most students prefer a one year PG programme offered by B-Schools in UK and Australia. The main reason for this choice is that these countries allow students to stay back and work for a while.
In most big business families in India, you will find holders of foreign degrees. “When you are the owner of a business in India, you normally tend to meet people who agree with you. We are still a hierarchy-heavy nation,” explains Dr Uday Salunkhe.
Another good example would be Ameera Shah, MD and CEO of Metropolis Healthcare. Having graduated from University of Texas in Austin, Shah transformed her father’s one-lab pathology business into a chain of laboratories across India and other emerging market economies.
Overseas education also creates network opportunities. A survey suggests that 68% of family businesses are engaged in exports, and overseas sales constituted about a quarter of the turnover for all survey respondents.
Education in India provides a demand-supply mismatch in high quality management programmes. In the wake of this challenge, degree courses from abroad become an automatic choice. “Institutes abroad provide a diverse range of specialisations than Indian ones. It is no longer a question of why but a question of why not,” concludes Uday Salunkhe.
On 6th January 2014, Noble Laureate Dr. John Robin Warren was in the town for 102nd Indian Science Congress held at the University of Mumbai. He paid a visit to students at WeSchool (Welingkar) and shared his views for creating excellence in professional pursuits across domains and specializations. Dr. Warren’s decision to meet the young minds of WeSchool was influenced by its Group Director, Dr. Uday Salunkhe.