Bhubaneswar: EMBA, the executive MBA Program of XIMB, organized its flagship event and annual businessconclave, ‘X-Eminence 2020’, here on Sunday. The theme of the discussion was ‘Corporate Governance & Cognitive Intelligence.’ The goal of the conclave was to gain perspective on how the business world is evolving and howsupply chain management is changing to adapt to Industry 4.0Ms.

Sonal Raghuvanshi (Head – Alliance & Program Management, Alliance & Ventures,Technology & New Materials Business, Tata Steel Limited), Jay Munshi (Digital Transformation Leader), Chandan Kumar Sadangi (Director, Local Fund Audit, FinanceDepartment, Government of Odisha), Devaraj Ghatualo (Solution Architect, TataConsultancy Services), Biju Joseph Dominic (CEO & Co-Founder, Final Mile Consulting), Pulin Kumar Sahu (DGM Corporate Affairs at Jindal Steel & Power Limited), SekharKrishnan (Senior Vice President & Company Secretary, The Chatterjee Group), and Somnath Mitra (Digital Transformation Advisor) were the esteemed speakers for the occasion. The chief guest for the event was Tusherkanti Behera, Minister of State(Independent Charge) of Odisha, who inspired the audience with his wise words. The Guest ofHonour, Chandan Sadangi, encouraged and motivated the students.The first session of the day was on corporate governance and began with an introduction to thesubject by Professor Santosh Kumar Prusty. Sonal Raghuvanshi was the first speaker, and spoke to the students regarding the importance of strategy in a VUCA world, and how one mustbe responsive to any changes in the corporate environment to ensure success in the businessworld. She also gave us useful insights into Tata Steel and the strategy it employs.The second speaker for the day was Sekhar Krishnan, who enlightened the students abouthow corporate governance has changed, and how we need to look at a paradigm shift incorporate governance. The next speaker for the day was Pulin Kumar Sahu, and he talkedabout the importance of ethics in the business system, and the essential roles that stakeholders play in business.

Somnath Mitra, Digital Transformation Advisor, Former Senior VP, YES Bank spoke abouthow Cognitive Intelligence, Technology and the Advent of 6G would change business faster thanever. Immersive technology would not only allow businesses to have a physical presence butalso leverage the virtual environment as well. Jay Munshi compared cognitive intelligence & AI with the human effort and how AI isovercoming the paranoia around it to find its place in today’s business environment. Devaraj Ghatualo spoke about how cognitive intelligence has revolutionized standards ofliving and transformed the way businesses work. Biju Joseph Dominic, CEO & Co-founder, Final Mile Consulting spoke of his disagreementwith the direction cognitive intelligence is taking today and emphasized that incorporating human emotions can be the only way forward.