MPOWER Mentors Summit IV
- Overview
- MPOWER Mentors Summit IV Report
The transport industry in India has grown by leaps and bounds in the past decade. Transport operators are therefore finding more opportunities now than ever before. Competition is growing in the sector which means transporters must strive to learn better to do better. This is exactly where Mahindra comes into the picture with its third edition of Mentors Summit where it offers a learning foreground to the Indian transport industry to talk, see, learn and grow. Be it industrial norms, trucking technologies, technical dynamics or driving techniques, the Mentors Summit is a platform that bring s the who's who of the industry under one roof to synchronize the minds of masters and mentors.
To gain an edge over competition in this ever-changing industry, it is imperative for industry veterans and their proteges to have the right tools along with effective business strategies. And therefore, after successful batches of 'MPOWER' - a management development programme for Youth Transport Entrepreneurs, Mahindra's Truck and Bus Division presents the MPOWER MENTORS SUMMIT with IIM-A as the knowledge partner.
With every passing year of Mentors Summit, we try to take the collective learning programme to another level by inviting and MPOWERing mentors of the Indian trucking transport. Each year, the number of participants goes up a notch with a healthy brew of discussions transpiring into learning full of tremendous insights. Mentors Summit III which was a 3-day programme, concluded on 8th April 2017 at IIMA.
Please note: This is an invite only event.
Fourth Edition of Mahindra Mentors Summit for the doyens of the Indian Trucking concludes at IIMA
28 Transport Industry Veterans. Representing 13 & 12 load segments / applications. Owning nearly 5700 trucks. With combined turnover of over Rs. 1800 Crores. Employing over 3500 people, 'MPOWERed'at IIM, Ahmedabad
On 18th July, 2018, the fourth edition of the 3 days Mentors Summit program, concluded at IIMA. Featuring the veterans, the Mentors (Fathers, Uncles and Partners) of MPOWER Delegates - all of whom are either our customers or our prospects and are basically the who's who of Indian Transport. The objective of the program, as epitomized by the quote of Mr. Mahindra above, is:
- Develop an agenda for further professionalization of Indian Transport through a gathering of industry veterans.
- Facilitate the mentors of Indian Transport to guide and enable their proteges to take charge of the business.
In keeping with our philosophy of driving positive change in the lives of our customers and other constituents of road transport ecosystem, MTBD had initiated a unique and pioneering step in this direction in 2014. This was based on the feedback of young MPOWER Delegates, who often tell us, "We wish our Papa/ Mentor are brought here to IIMA for a similar courseā¦it will help us implement our learnings of MPOWER even better!"
Mahindra MPOWER MENTORS SUMMIT is intended to help industry veterans to take their business to even greater heights by empowering their proteges. Broadly, the agenda of the conclave will revolve around: Overview of the Transport Industry, Decision areas and challenges in the Trucking Sector, Managing family business, Knowing your leadership style, Succession planning and delegation, Attracting investments in transport business. This summit of transport veterans was held at IIM, Ahmedabad from 16th July to 18th July 2018. Here's a photo report:
Introductions and Context Setting (self) and Welcome Address (Prof. Debjit)
Inauguration address by Mr. Vinod Sahay (CEO - Mahindra Truck and Bus Division and Mahindra Construction Equipment Division)
Mr. Sahay - Welcomed all the Mentors and explained the purpose behind Mentors Summit - to help improve the Indian road transport industry and take their business forward with their own vision! Mr. Sahay also touched upon GST implication and the Electronic Troll which had helped in the growth of Tractors and multi axle segments. He also emphasised on Mahindra's commitment and investments, towards the constituents of its ecosystem, the CV industry and how Mahindra Truck and Bus, as a challenger brand, has taken it upon itself to bring about change in the CV Industry and the transport sector.
Overview of trucking sector - G Raghuram (Director of IIM Bangalore)
Prof. G Raghuram, Director of IIM Bangalore, who is the MPOWER program Mentor, took a session on Overview of Trucking Sector. Professor G Raghuram talking about the "Overview, Decision Areas and Challenges in the Trucking Sector" and the need to professionalizing the Transport sector and how we (they) as Transporters could be a part of this value chain. He stressed that Road Transport is very critical for us at a macro level and making it an organized sector would only mean better supply chain management and logistic framework thus inducing more prospects to the Transport Industry.
Experience Sharing by the Mentors
Professor Debjit Roy conducting in a Q&A format as an ice breaker, an Experience Sharing session by the Mentors that opened up animated and healthy discussions. Discussions revolved around what are challenges that a transporter face in his business.
Panel Discussions
Panel Discussion between the ex-MPOWER delegates and the Mentors. The participants share their learnings and experiences post MPOWER and the challenges they faced in implementing these learnings. The discussion was facilitated by Professor Debjit. He instigated the mentors to share their views and provide amicable/win-win solutions to resolve the issues faced by their proteges.
The panel included 5 MPOWER Delegates: Vinayak Gupta - ACG Logistics, Hardik Gahlot - Resham Singh & Co., Majlis Khan - Mehrab Motors, Sooraj Rajan - Sooraj Forwarders Pvt. Ltd., Swati Sooraj - Sooraj Forwarders Pvt. Ltd.
Mr. Vinod Sahay, CEO - Mahindra Truck & Bus Division and Mahindra Construction Equipment Division, graced the occasion of the Networking Dinner for Mentors where the stalwarts of this industry exchanged their views, learnings and networked with each other in an informal atmosphere.
The final day featured lectures on Building a Brand out of Family Business, Leadership and Value Creation in the Trucking Industry followed by Feedback session by the Mentors and Valedictory session by Mr. Anurag Dubey
Much Awaited Feedback and Valedictory session.
Mentors Summit remains MTBD's a pioneering and unique initiative to spread LIGHT OF KNOWLEDGE in Indian Transport Ecosystem for Fleet owners. We are confident that this will not only help us gain and retain a high share of mind of our customers and prospects but will also help us gain in our volume and market share objectives.