Beginning with a brief history of the growth of VXL Instruments Ltd, he talked about how by means of several innovations and expansion into the world markets, the organization which started as a garage in 1976, climbed the ladder of success to become the fourth largest player in the Thin Clients market internationally with a turnover of 73 crores in 2006-07.

Moving on, he gave some valuable insights on different aspects of management. “Management is actually not what we want, what we want is leadership, which may be wrong in the democratic sense, but it does not mean everybody is of the same capability”, he said. Moreover, a leader cannot be a good leader without being a good manager. Management consists of 20 pc knowledge and 80 pc the art of dealing effectively with people. He went on to add that 90pc of leadership is character – most CEOs apparently don’t know much about business.

Thereafter, he gave many important suggestions on becoming a good manager from an industry perspective such as holistic development approach, practical reality, inmate curiosity, swabhava, title bondage, having a dream and taking risk. That “money is not everything”, and one should “be selfish”, were the two pieces of advice with which he concluded the lecture. The students were highly influenced by the profound thoughts of the speaker.