To the Board of Governors, Faculty, Staff, Students and Alumni,
It is a great privilege and an honour to serve as Chairperson of the Board of Indian Institute of Management, Bangalore. Over the years, IIMB has grown to become India’s leading management institute that attracts the best and brightest students from across the country. The alumni of this institution are sought after by leading companies from across the world, including my own.
I have trained as a cardiac surgeon and manage a large hospital group focused on making high quality care affordable to the common man. Yet, one of my biggest regrets is that I didn’t study for a professional management degree. Surgeons are like artists and we approach the world through feel, touch and instinct. However, the world of business is more complicated than an open chest, and only the devotees of technology who can synthesize multiple data points will be able to make good decisions.
The companies of the future will invest more into digital assets than bricks or mortar and their managers will have to supervise bots, not humans. So, the management curriculum must evolve to cope with a rapidly evolving digital landscape. I am grateful to be a part of your institution and I look forward to helping you build the future.
Dr Devi Prasad Shetty