CHENNAI: “It is important to collaborate in the business world to win,” said Richard Rekhy, chief executive officer, KPMG India at the convocation of Loyola Institute of Business Administration (LIBA) on Saturday.
“As long as you sit in college you are protected and you compete with one another to be the best. But in the business world it is important to collaborate to win. If you stay in the course and believe in yourself, your instincts and your heart, even a thousand failures will not deter you on the way to success,” he said.
“Michael Dell stepped into the PC industry when the PC market was in a slump, but with belief in himself and an innovative marketing strategy has made it a profitable enterprise today,” he pointed out.
“One might be tempted to take shortcuts to achieve short term success, but the business world has many examples of people taking short cuts to achieve short term gains, although loosing out in the long term. Sticking to integrity and ethics will help you at any point of time,” he said to the young management graduates.
“If one person can help make a difference in lives of 10 people, then those are the people who will take our country forward. Winners are those who concentrate on the opportunities every now and then,”
“Now is the best time to be part of the economy, while China is seeing reverse growth, USA marginally and Europe facing a financial crunch, our economy is still growing,” he concluded.
Over 121 full time, 69 part time PGDM students and 82 executive post graduates of the 2013-2015 batch received their diplomas from Richard Rekhy. Also present at the function were T A Sivasubramaniam, director, Fr Casimir Raj, president, and Dean Revathi, all from LIBA.