Bhubaneswar: The Consulting and Strategy Consortium (Constrat) of XIMB organized the annual business conclave Stratonomics 2019, here on Sunday. The theme of the conclave this year was “Mergers & Acquisitions: A myth or reality for long-term sustainable growth”.
Global head-M & A, L & T Infotech Ltd. Dinesh Agrawal and Cognizant Technology Solution director Strategy , Merger & Acquisition Rahul Gupta were the speakers for the conclave. Professor of General Management & Strategic Management Amar KJR Nayak was the moderator for the day.
Economy, the net return, value addition are few of the many deciding factors when it comes to mergers and acquisitions. The speakers addressed every aspect of a M & A decision making and focused on the grey areas of a sustainable tie-up. Prof. Nayak set the tone for the conclave by putting forward questions such as, “What compels a firm for M&A?”, “Does M&A ease the way business is done?”, “What is an optimal size of a company in respect to the industry?” to the speakers and the audience to take the discussion on the practicality of M & A forward.
Rahul Gupta dwelled on his diverse experience in change initiatives and transformation programs over the last 15 years and shed light on “Engagement approval”, “Negotiations” and “Valuations” of M&A. He went on to address the theme from a process perspective and added that understanding the time to market and the shareholder’s value are the key factors of a successful deal. He also encouraged the students to have a positive conviction and the passion to innovate to have a generous career in M&A strategy.
Dinesh Agrawal focused on investments from the M&A point-of-view. According to him, customers should be the top priority when it comes to such ventures. He stressed on the point of active risk-taking being a key criterion for M&A in the market. Agrawal expatiated the real-time requirements of an M&A – purchase agreements, right price points, process, and a sound team. He also talked about the difference between general partners and limited partners of a firm and how Investment bank is the primary source of information when it comes to M&A.
The winners of “Midnight Stratomania ‘19” – Online Quiz and “Consilium 2019” – White Paper Writing Contest were announced that was organized by CONSTRAT. “The Strategist” annual magazine of CONSTRAT was also launched on this occasion. Student coordinator of Constract Sai Surya Vamsy Prakky concluded the event with vote of thanks.