In an interactive session with the students of TAPMI, Mr. Viswanath P, an alumnus of TAPMI himself, initiated the launch with a brief background of the Future Group and its many subsidiaries.
Mr. Viswanath touched upon the Future Group’s vision, mission and beliefs. The Indian Conglomerate, bringing in an annual revenue of Rs. 20,000 crores, has envisioned an ambitious increase in revenue to upto 100,000 crores by 2021. Mr. Viswanath observed the phenomenon of a large-scale transformation with regards to consumption habits among the people of India and emphasized the significance of consumers in driving the growth of the nation. He illustrated the potential increase in manufacture of frozen foods, quoting, “25-30% food perishes between the farm and the plate.”
Following Mr. Viswanath’s exciting initiation was Ms. Tanvi Nimbalkar, who elaborated on Ground Zero as a B-School competition, how it would help us become better strategists, develop well-rounded plans and make educated decisions. She emphasized the importance of Scenario Planning, wherein different scenarios are created along with proper analysis of their consequences. She further explained another aspect – Decision Thinking, wherein decisions regarding changes/improvement are made from a customer’s perspective.
Every student who registers for Ground Zero is given virtual money which can be used to invest in their team(s) of choice. Registered students are required to visit any Future Group outlet and identify and analyze problems/areas of growth as customers and formulate a solution plan for the same. Teams/individuals who proceed to further rounds are given live business problems and are required to present their solutions.
The informative session opened up a new thought process in the area of management, which involved empathetic analysis of situations, creating and interpreting different scenarios and devising plans for future growth.