13th-15th September 2019

JW Marriott, Mussoorie

Businesses today face a cyclical downturn, both in India and abroad. Even as near-term domestic policy continuity is now assured, geopolitics is exerting its pull, and trade tensions are running high. IMA’s 2019 CFO Strategy Roundtable aims to decipher what all of this means for Chief Financial Officers, who must help their organisations prepare for the next phase of growth - and uncertainty.

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Agenda


3:00pm–3:30pm

At the Ballroom, JW Marriott Mussoorie Walnut Grove Resort and Spa

  • Registration and Tea
Come together over tea to kick off the 2019 offsite, a weekend of shared learning or, as we prefer to call it – collective wisdom.

3:30pm–5:00pm

Adit Jain, Editorial Director, IMA India

  • The Economy: India in the Context of a Changing World

A few important trends are shaping the global economy, stemming from economic changes, geopolitical considerations or business disruptions. These are all the more critical in the context of full-on trade wars, a slowdown in the advanced economies and continuing stress within China, all of which collectively threaten the global economic architecture as well as India’s economy.

We will begin the 2019 CFO Strategy Roundtable with an assessment of the global environment as Adit Jain explains the shifts taking place. He will also comment on India’s medium-term economic prospects in the context of a renewed mandate for the Modi Government and its first budget. Adit is IMA’s Editorial Director and a keen analyst of global affairs as well as domestic economic and political developments.

5:00pm–5:30pm

Discussion Break

  • Discussion Break

5:30pm–7:00pm

Jay P Desai, Founder and Managing Director of UC STRATEGY

  • Navigating Crisis: Ten Lessons
    of Strategy

How do you navigate a crisis that emerges from an that you have little control over? Some years ago, Jay P Desai, Founder & Managing Director of UC Strategy, a consulting firm, found himself battling a crisis that appeared to have no happy solution. On the verge of defeat, he turned to his professional skill-set, drawing upon critical lessons of strategy learned over 30 years of consulting. His narrative brings viscerally to life, the realities of governance in our country and demonstrates how the fundamental principles of structured thinking, negotiation strategy, decision-making and personal resilience can be applied in a practical, real world context.

Jay’s story is both instructive and thought-provoking and reinforces important lessons of strategy and business.

7:30pm

Cocktails and Dinner

  • Cocktails and Dinner

9:00am–10:30am

AY Tipnis, Former Chief of the Air Staff, Indian Air Force

  • India's Security Paradigm
Whilst India's superiority over Pakistan is clear, both economically and militarily, China is in another league. Some have argued that China has not fought a war in many years and its army has not been 'blooded', whereas India's has been fighting in some capacity or the other almost continuously. Nevertheless, there are many vulnerabilities in India’s national security apparatus whether in terms of equipment, supplies, technology or infrastructure. In the recent past, the nation has adopted a bolder and more assertive stance over issues of national security but how and to what extent is this backed by financial, political and technological support?

Air Chief Marshal Anil Yashwant Tipnis, PVSM, AVSM, VM, ADC served as Chief of the Air Staff of the Indian Air Force from 1998 to 2001, commanding the Air Force to distinction during the Kargil War. He will provide a perspective on India’s current defence and security preparedness, its strengths and weaknesses, and the prospects going forward.

10:30am–11:00am

Discussion Break

  • Discussion Break

11:00am–12:30pm

Ravi Tanniru, Managing Director, Business Development, C2FO
Kedar Upadhye, Joint President and Global CFO, Cipla.

  • CFO Focus: Time to Consider Liquidity Options

The liquidity crisis at non-bank lenders and higher interest rates seem to have rattled chief financial officers of India Inc. Tightening liquidity is pushing up the cost of borrowing. Going forward, apprehensions over geopolitical issues, rupee depreciation, input price pressures, and state and general elections are likely to make matters worse. The problem is aggravated for SMEs that, according to the latest report by alternate lender C2FO, have been struggling to access funds due to prevailing conditions.

The panellists will outline how liquidity is coming to the forefront as a key factor for determining business success; how the liquidity scenario will change in the next five years; and how businesses are navigating this environment. Ravi Tanniru from C2FO will provide an expert’s view on cash management and optimisation of working capital while Kedar Upadhye from Cipla will provide the practitioner’s perspective.

12:30pm–1:30pm

Luncheon

  • Luncheon

1:30pm–3:00pm


Prashant Garg, Partner,EY.
Sambasivan G, CFO, Tata Sky Ltd.
Sanjeev Churiwala, Finance Director, Diageo India and Chairman, RCB

  • Technology and The Future of Finance Function

For decades, offshoring, outsourcing and centralisation have driven the Finance function’s productivity agenda. However, in recent years, cheaper, better and faster technologies have started to reshape the Finance function. Starting with the automation journey is conceptually easy but only a few companies are able to reap the desired benefits. How do CFOs to take advantage of this opportunity? What activities should be automated? How to leverage advanced technologies like machine learning, AI and NLP tools?

Engage on this hot but elusive subject with a panel of leading CFOs as they share their technology adoption journeys and explain how they overcame challenges and derived benefits. Prashant Garg will provide an overview of how technology is impacting the life of CFOs, what new technology trends are emerging, where best-in-class companies are focusing and the way forward.

4:30pm–6:30pm

A late afternoon walk

  • Cedar, Oak, Pine: In love with nature
One of the finer pleasures of life is to ‘feel’ the mountains and to experience their majesty and their permanence. Take a nature walk among towering Deodars and through quaint settlements with the Himalayas on one side and the beautiful Doon valley on the other.

7:30pm–9:00pm

Bhaichung Bhutia, India’s Former Football Captain

  • Excellence: Finding Success and Joy

Former captain and the face of the Indian football for the major part of the last two decades, Bhaichung Bhutia had a fantastic 16 years of International football career. He captained India for for over 10 years and scored 43 international goals, more than any other footballer of the country. He is also the only Indian and one among few international players to have played more than 100 matches for his country. Under him, India won the South Asian Football Federation Championships thrice, two Nehru Cup titles (in 2007 and 2009) and the 2008 AFC Challenge Cup which gave India the right to play in the Asian Cup this year for the first time after 1984. He has been decorated with the Arjuna Award and the Padma Shri.

Engage with the man himself as shares his life story which is one of grit, determination and inspiration against all odds.

9:00pm

At Ballroom Prefunction

  • Cocktails and Dinner

9:00am–10:15am

Capt Raghu Raman

  • The Three Dimensions of
    Organisational Atrophy


Businesses across the world suffer from three major ‘ailments’ that hinder them from realising their true potential. A few decades ago, hiring a resource required minimal managerial intervention. Today, such decisions are taken only after getting the go-ahead from every possible layer of management. Corporations are forgetting their core values and turning less empathetic towards its employees. In such a scenario, what are the possible remedies that businesses need to urgently adopt? How do you prepare leadership for the future? How do you enable a culture that inspires and promotes collaboration?

Captain Raghu Raman, with a unique career spanning a decade in the Indian Armed Forces, another decade-plus as CEO of three companies in the Mahindra Group and several years of experience in the Government, will share strategies that businesses need to adopt to avoid redundancy.

Change of hats

  • Change of hats

10:15am–11:30am

Maxwell Pereira, Former Joint Commissioner of Police, Delhi

  • India’s Internal Security:
    Law Enforcement and Justice System

‘It is the certainty of punishment not the severity of punishment that creates deterrence’. This simple adage sums up the basic principle of law enforcement in any society. From jumping traffic lights to reneging on contracts; from crime and hooliganism to organised rebellion and Naxalism, so many of India’s woes stem from the poor implementation of laws that exist to ensure order. It is easy to blame the administration but the problem is more complex. There are weaknesses in India’s federalist structure where law enforcement is a state subject while law enactment is a concurrent one. The judiciary is under-resourced with cases often taking decades to be resolved. Civil society is often apathetic and, most of all, the police force is hopelessly under-resourced. How does the nation’s law enforcement machinery cope and what will it take to fix things?

Known for his no-nonsense approach to curbing anti-social elements and rioters and for bringing order to chaotic conditions on city roads in Delhi, Maxwell Pereira belongs to the Union Territories Cadre of the Indian Police Service (IPS). By the time he retired, he had nine national and four regional awards adorning the lapel of his uniform, making him one of the most highly decorated police officers in India. A widely published writer, he has earned himself the title of ‘The Thinking Cop'. He will provide a perspective on India’s law enforcement challenges, the need for reforms and his outlook for the country’s future.

11:30am

At JW Cafe

  • Brunch and close

9:00am–10:30am

Dr Pawan Agrawal, Author and Educationist

  • Excellence in Efficiency: The Dabbawala Story
Dr Pawan Agrawal, Author and Educationist
(This will be hosted as a joint session with spouses)

Dressed in white outfits and traditional Gandhi caps, an army of 5,000 dabbawalas fulfil the hunger of almost 200,000 Mumbaikars with home-cooked food, daily, on time with an accuracy rate of 99.99% with 100% customer satisfaction. Amazingly, the dabbawalas – with semiliterate workers – have achieved this level of performance at very low cost, in an eco-friendly way and without the use of any IT system or even cell phones. Six Sigma, ISO and many other certifications awarded to this organisation by external organisations only confirm its excellent supply chain and logistics management capabilities.

Dr Pawan Agrawal, who earned his doctorate studying how the dabbawalas operate, will share the lessons that make the 118-year old organisation successful and elaborate on the ideals of passion, teamwork, dedication and hard work.

10:30am–11:00am

TBD

  • TBD

11:00am–12:30pm

Anuj Dhar, Indian author and former journalist

  • India's Biggest Cover-up
Anuj Dhar, Indian author and former journalist
(This will be hosted as a joint session with spouses)

As the Second World War came to an end in Southeast Asia in August 1945, Subhas Chandra Bose boarded a plane to shift the base of India's liberation struggle to a new territory controlled by the Soviet Union. Officially, the story goes that he died on August 18, 1945 as the plane crashed in the small island of Formosa (now Taiwan), but multiple investigations later there is no certainty about his fate.

Anuj Dhar, a former investigative journalist, has devoted nearly two decades to uncover the mystery behind Bose's disappearance and has documented how India's political establishment kept swinging between its belief in Bose's death and apprehension that he might return: all in strict secrecy. The story spanning seven decades is perhaps even more engaging than that of a James Bond or a Jason Bourne. Dhar will delve into this rollercoaster of a political thriller to share his findings. Apart from his 2012 bestseller India's Biggest Cover-up, Dhar has authored several other books on topics such as the CIA's activities in South Asia and the mystery of Lal Bahadur Shastri's death in far away Tashkent.

12:30pm

Luncheon and Close

  • Luncheon and Close



Children are welcome to join the Partners Programme in the daytime activities (except formal conclave sessions). As indicated at the time of registration, dinner functions are however ‘adults only’ and we would request you to ensure that alternate arrangements have been made– please contact the hotel for baby-sitting facilities if required. The programme mentioned above is intended to provide a holistic set of activities that are both entertaining and interactive. This is however completely optional – partner participants are welcome to plan independent of this programme if desired. Please inform the IMA team of the same if so. All speakers, sessions and timings are tentative and subject to ongoing confirmation. Dress Code : Informal/smart casual, also for the evenings.


SPEAKERS

DAYS

SESSIONS

PARTICIPANTS



Speakers


Adit Jain

Chairman and Editorial Director,IMA India, Economic analyst, conservationist, wildlife photographer



Jay P Desai

Founder and Managing Director of UC STRATEGY



AY Tipnis

Former Chief of the Air Staff, Indian Air Force





Prashant Garg

Partner, EY



Sambasivan G

CFO, Tata Sky Ltd



Sanjeev Churiwala

Finance Director, Diageo India and Chairman, RCB



Suneel Chirunomula

Managing Director, C2FO



Kedar Upadhye

Joint President and Global CFO, Cipla



Ravi Tanniru

Managing Director, Business Development, C2FO



Bhaichung Bhutia

India’s Former Football Captain



Capt Raghu Raman




Maxwell Pereira

Former Joint Commissioner of Police, Delhi







Partners' Programme


3:45pm-4:00pm

At Teppan

  • Coming Together
Come together with a group of friends from across India over tea to kick-start the weekend of learning, fun and laughter. IMA team will guide you through the activities planned for the next few days. Like each year, we will make these days enjoyable and memorable and importantly, also leave you with enough time to explore the charismatic hills of Mussoorie on your own or in the company of friends newly made and those caught up with annually at our meeting.

4:00pm-5:30pm

Chinni Swamy, CEO, Purkal Stree Shakti At JW Café

  • Empowering Women
It was back in 2001, when Chinni and her husband Swamy thought of moving ‘to some place in the foothills of Himalayas’. Instead of moving to a charming town like Dehradun or the picturesque hill station of Mussoorie, the Swamys chose a little village, Purkal. Once there, Chinni decided to introduce the women of the village to a little known craft form - quilting. Slowly, over the years, Chinni introduced the world to these quilts through her entrepreneurial venture, 'Stree Shakti'. Today, Stree Shakti employees women from 15 villages around Purkal and retails its products through their shop, online store and at exhibitions across the country. Engage with Chinni as she shares her journey of grit, determination, empowerment and impact.

7:30pm

Cocktails and Dinner

  • Cocktails and Dinner

10:30am-1:30pm

Visit to Landour

  • Visit to Landour
Landour, which was a Cantonment town in British India was named after a village called Llanddowror in south-west Wales. Lost in the mists of Himalayas, draped in the scarlet red color of rhododendrons and thick deodars, Landour reminds you of the British Raj. A 5-kilometer steep drive from the crowded bazaars of Mussoorie, it is a different world of beauty, history and little secrets. Ivy cottage, Ruskin Bond’s home is on the byways of Landour. Char Dukan – a row of historic shops and cafes – is a must see while St Pau; church sits right around the corner. Perched above the church is Rokeby Manor, Landour’s landmark and the oldest house that was built in 1840.

2:00pm-3:00pm

Luncheon

  • Luncheon

4:30pm-6:30pm

A late afternoon walk

  • Cedar, Oak, Pine: In love with nature

One of the finer pleasures of life is to ‘feel’ the mountains and to experience their majesty and their permanence. Take a nature walk among towering Deodars and through quaint settlements with the Himalayas on one side and the beautiful Doon valley on the other.

7:30pm-9:00pm

Bhaichung Bhutia, India’s Former Football Captain

  • Excellence: Finding Success and Joy

Former captain and the face of the Indian football for the major part of the last two decades, Bhaichung Bhutia had a fantastic 16 years of International football career. He captained India for for over 10 years and scored 43 international goals, more than any other footballer of the country. He is also the only Indian and one among few international players to have played more than 100 matches for his country. Under him, India won the South Asian Football Federation Championships thrice, two Nehru Cup titles (in 2007 and 2009) and the 2008 AFC Challenge Cup which gave India the right to play in the Asian Cup this year for the first time after 1984. He has been decorated with the Arjuna Award and the Padma Shri. Engage with the man himself as shares his life story which is one of grit, determination and inspiration against all odds.

9:00pm

At Ballroom Prefunction

  • Cocktails and Dinner

10:00am-11:30am

Visit to Santura Devi Temple

  • Visit to Santura Devi Temple
Perched on a hilltop on the way to Kempty Falls, Santura Devi Temple is a this holy shrine is known for its spiritual importance among the residents of Mussoorie. It is dedicated to Santura Mata who is believed to have saved the town of Mussoorie from a devastating earthquake in 1991. The short trek uphill and climb up some stairs will be rewarded in the end with scenic views of terraced hillsides and misty Himalayan ranges.

11:30pm

At JW Cafe

  • Brunch and close

9:00am–10:30am

Dr Pawan Agrawal, Author and Educationist

  • Excellence in Efficiency: The Dabbawala Story
Dr Pawan Agrawal, Author and Educationist
(This will be hosted as a joint session with delegates)

Dressed in white outfits and traditional Gandhi caps, an army of 5,000 dabbawalas fulfil the hunger of almost 200,000 Mumbaikars with home-cooked food, daily, on time with an accuracy rate of 99.99% with 100% customer satisfaction. Amazingly, the dabbawalas – with semiliterate workers – have achieved this level of performance at very low cost, in an eco-friendly way and without the use of any IT system or even cell phones. Six Sigma, ISO and many other certifications awarded to this organisation by external organisations only confirm its excellent supply chain and logistics management capabilities.

Dr Pawan Agarwal, who earned his doctorate studying how the dabbawalas operate, will share the lessons that make the 118-year old organisation successful and elaborate on the ideals of passion, teamwork, dedication and hard work.

0:00am–0:00am

TBD

  • TBd

11:00am–12:30pm

Anuj Dhar, Indian author and former journalist

  • India's Biggest Cover-up
Anuj Dhar, Indian author and former journalist
(This will be hosted as a joint session with delegates)

As the Second World War came to an end in Southeast Asia in August 1945, Subhas Chandra Bose boarded a plane to shift the base of India's liberation struggle to a new territory controlled by the Soviet Union. Officially, the story goes that he died on August 18, 1945 as the plane crashed in the small island of Formosa (now Taiwan), but multiple investigations later there is no certainty about his fate.

Anuj Dhar, a former investigative journalist, has devoted nearly two decades to uncover the mystery behind Bose's disappearance and has documented how India's political establishment kept swinging between its belief in Bose's death and apprehension that he might return: all in strict secrecy. The story spanning seven decades is perhaps even more engaging than that of a James Bond or a Jason Bourne. Dhar will delve into this rollercoaster of a political thriller to share his findings. Apart from his 2012 bestseller India's Biggest Cover-up, Dhar has authored several other books on topics such as the CIA's activities in South Asia and the mystery of Lal Bahadur Shastri's death in far away Tashkent.

12:30pm

Luncheon and Close

  • Luncheon and Close



Children are welcome to join the Partners Programme in the daytime activities (except formal conclave sessions). As indicated at the time of registration, dinner functions are however ‘adults only’ and we would request you to ensure that alternate arrangements have been made– please contact the hotel for baby-sitting facilities if required. The programme mentioned above is intended to provide a holistic set of activities that are both entertaining and interactive. This is however completely optional – partner participants are welcome to plan independent of this programme if desired. Please inform the IMA team of the same if so. All speakers, sessions and timings are tentative and subject to ongoing confirmation. Dress Code : Informal/smart casual, also for the evenings.

IMA Conferences

IMA’s Roundtables are an unrivalled hub of high-quality insight and invaluable networking. Our speakers, a mix of visionaries and industry stalwarts, ensure that these platforms are among India’s leading meeting grounds for industry Every summer for the last five – and every winter for the last twenty two years - we have taken a close group of a 100 of our members to an offsite location to brainstorm the near to medium term outlook for our operating environment.

Agenda

The Roundtable will think through prospects for India, the economy, and for its businesses. It will consider the global environment and the most crucial issue of big economic shifts as the world’s financial and fiscal environment changes, and as geo-politics remains in flux. India is in the year before the country’s next general elections already and the Forum will think through how India’s political environment, on the basis of which policy direction will be set, might pan out in our states, and at the Centre. At a secular, no less important level, digitalisation is changing organisational structures; and talent pool expectations. It will ask of new – and renewed - promises from leaders as shifts in how organisations will be formed and built transform the nature of leadership. Everything changes. Nothing changes. That is the operating paradigm and knowing what to sustain, and what to change, is the key.

About the Host City

Mussoorie He was so enamoured by the beauty that he decided to build a hunting lodge (shooting box) on the Camel's Back Road with FJ Shore, Jt. Magistrate of Doon in 1823. He raised the first Gurkha Regiment and planted the first potatoes in the valley. His tenure in Mussoorie ended in 1844 and he further served in Dimapur and Darjeeling and retired as a General and went back to Ireland.[citation needed] There are no memorials to commemorate Young in Mussoorie. However, there is a Young Road in Dehradoon on which ONGC's Tel Bhawan stands

In 1832 Mussoorie was the intended terminus of the Great Trigonometric Survey of India that began at the southern tip of India. Although unsuccessful, the Surveyor General of India at the time, George Everest wanted to have the new office of the Survey of India based in Mussoorie. A compromise was to have it in Dehradun, where it still is.[citation needed]

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