“The system has to change in order to optimize a Millennial’s energy levels and way of thinking”:

Mahratta Chamber of Commerce, Industries & Agriculture (MCCIA) organized the Leadership in Industry 4.0 conference, in association with IIM Ahmedabad, at the MCCIA, Pune on 24^th November 2017. The conference elicited an overwhelming response with stalwarts from various industries, members and guests attending the daylong session.

Manasi Kirloskar, Executive Director & CEO, Kirloskar Systems Ltd. was amongst the key speakers at the conference. 

Her speech highlighted: “Industry 4.0 is about cyber physical systems, IoT, cloud computing and cognitive computing that are enhancing automation to create smart factories. Quantum jump in artificial intelligence, real time communication, big data, and ubiquitous connectivity are some of the forces driving this change, which will result in substantial efficiency enhancements and greater flexibility in manufacturing systems. It will also lower the labor intensity of manufacturing and require completely newer skill sets. Therefore, Industry 4.0 will also redefine the existing paradigms with low cost of labor and scale of production no longer remaining the source of competitive advantage”, she said.  

The speech was followed by a Q&A session moderated by Vandana Saxena Poria, OBE (CEO Get Through Guides). When asked about her views on how leadership has changed with regard to millenials, Manasi said, “I think it is important for us to understand that millennials have been born in the age of instant everything. If we have an idea, we want it executed that very second. Thanks to technology, we have everything at our fingertips. Every piece of information can be accessed instantly. I don’t think that it’s the millennials who have to adapt to the system anymore. The system has to change in order to optimize a millennial’s energy levels and way of thinking”.

The dynamic 5th generation Kirloskar and great granddaughter of S.L. Kirloskar, Manasi carries forward a 150-year-old legacy with intelligence, commitment and style!  

Besides Manasi Kirloskar, some of the other distinguished speakers at this prestigious event were Ishaat Hussein, Non-Executive Director, Tata Sons and Kishore Jayaraman, President India & South Asia, Rolls Royce.