Guest speaker spotlights India’s changing automobile industry at St. Xavier’s College’s management convention
Sumit Sawhney, managing director and CEO of French automobile manufacturer Renault, has catapulted Renault to one of the highest-selling European car brands in India, with its hatchback model giving tough competition to the likes of Maruti Suzuki and Hyundai. In his ‘guest speaker’ session at Xavier’s Management Convention ’21, hosted by St. Xavier’s College, Sawhney talked about the changing face of the automobile industry in India and shared his learnings with students.
Highlights of Sumit Sawhney’s session, in his words:
-- Always have a learning mindset. Even when things fall apart, hold on to your passion. Never stop believing in your dreams.
-- The launch of Renault Kwid was a ‘disruptive innovation’ as it was the first ever car with three nuts in the wheel. When one is involved in the act of creation, one must not be afraid to take risks. Play with the system, deconstruct the structure, disrupt what already exists in order to build new things.
-- Evolution cannot be helped. You just have to, whether as a businessman or as an individual.
-- The world is changing. The future of the automobile industry is electric cars, which will be like multiple devices assimilated into one. Besides consuming zero fuel, electric cars will also serve as energy-storing devices.
-- Technology will always compensate for human labour and never interfere with it.
-- Whichever stage of life you are in, do enjoy that. For a leader, it is important to grow in 360 degrees. Don’t try to be just a person or a manager who is professionally qualified. Be a qualified professional.
-- You might have achieved corporate success but always remember that at the end of the day, you are a human being. Be good at being a human first.
What the students said:
“Listening to Sumit Sawhney talk about his life experiences has been really enriching. His words on evolving as an individual while catering to your business will stick with me. His lessons on managing pressure and avoiding procrastination were also very helpful,” said Devansh Agarwal, a third-year BMS student of St. Xavier’s College.
“His ideas on empowering people through modern technologies were interesting. He spoke of pursuing one’s passion and having a learning mindset, which was very motivating,” added Vishaka Jain, a third-year BMS student of the college.
The three-day XMC ’21 was organised by Xavier’s Management Society. ABP Education was the digital media partner.
Tune in to the session here.
(Author bio: Ankita Sen is a final-year undergraduate student of English at Presidency University)
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