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German Consul General Achim Burkart delivers special address at valedictory of Executive Education Programme, Leading Digital Transformation

Advancing digital transformation, the session featured leading academics from Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) at IIM Bangalore

July 5, 2024, Bengaluru: Today, Mr. Achim Burkart, Honorable Consul General of Germany, Bangalore, delivered the valedictory address for the 5th batch of the Leading Digital Transformation (LDT) programme. Dr. Manjula Mundakana, Senior Advisor, Science Technology and Political Affairs, German Consulate Bangalore, was also part of the session.

The LDT programme has been conceived, designed and developed by IIMB in cooperation with Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) to address the question of building transformational business models using technological advances.

Programme director, Prof.
R Srinivasan from the Strategy area, set the stage with a welcome address. Congratulating the 25 participants, Prof. Srinivasan highlighted the diversity of the cohort which brought together professionals from aviation, education, supply chain, marketing and pharmaceuticals, boasting 397 years of combined postgraduate executive experience.

Consul General, Mr. Achim Burkart began his keynote address with an engaging presentation comparing digital transformation in Germany and India. He discussed the dilemma of innovation versus regulation and highlighted the importance of regulatory frameworks for security and innovation. Mr. Burkart also touched on the core tenet of digital infrastructure- digital public goods, digital literacy, inclusivity, and the role of India in addressing the IT sector job shortage in Germany. Finally,
he highlighted the significance of a programme like Leading Digital Transformation (LDT) at IIMB, an institution that has continually championed innovation and digital advancement.

The ceremony also featured remarks from IIMB Director Prof. Rishikesha T Krishnan, who addressed the significant challenges in digital transformation. “The best way to give back to the institution is to tell us your successes and challenges, so we know the impact we have on the industry”, he said, encouraging participants to implement the insights from the programme in their digital transformation initiatives. Subsequently, Prof. Rishikesha awarded the programme certificates and announced the Best Project Award.

Best Project Award

Project Aatmanirbhar, by Keyur Brahmbhatt, Ambarish Singh, Vaibhav Palan, Naveen Yellapurkar, and Charudutta Panchmatia from LDT Batch 5, won the Best Project Award. The project focused on promoting financial inclusion by integrating unskilled, semi-skilled and skilled labour into the financial ecosystem. They aim to build a platform to facilitate inclusive access to financial services.

Prof. Kathrin Moeslein and Prof. Angela Roth of FAU Nuremberg, joining virtually, reflected on the participants' journey. She noted that while the cohort initially joined as experienced individuals, their shared curiosity to learn and advance unified them into a cohesive force for digital transformation.

Also attending virtually, Prof. Alexander Pflaum of Fraunhofer IIS underscored the global significance of the LDT programme, and its role in helping companies differentiate themselves from competitors. “The LTD programme is really important because it gives digital transformation a universal touch”, he remarked. Highlighting the foreign immersion experience at the FAU campus in Munich, Germany, Prof. Pflaum commended the participants for their dedication to advancing their knowledge in strategic innovation, human factor issues and operational transformation.

Mr. Parthasarathy S, Chief Programme Officer, Executive Education Programmes, delivered the final address showcasing IIM Bangalore’s international programs and partnerships. In particular, he noted that 400+ executives annually participate in 10 custom international EEP programmes offered by IIMB. He also highlighted that each year, over 100 students from 32 partner schools, across 17 countries, visit IIMB as part of the student exchange program.