Fourth of February marked a grand opening to the Eleventh International Conference of Prestige Institute of Management and Research. Theme was – “Developing Competencies and Skills for Global Competitiveness”. The experts at the inaugural session of the conference shared their views on Global Competitiveness, drivers of global competitiveness, skills and competencies required for global platform.

       The conference was inaugurated by Honorable, Mr. N.N. Jain, chairman of Prestige Education Society, Dr. Davish Jain Vice chairman Prestige, Chief guest Mr. Chaudhary Birendra Singh Union minister for Steel, Guest of honour Mr. Surendra Patwa Minister (Independent Charges) culture, tourism, farmer welfare& Agriculture Development, Dr. N.K. Dhakad VC DAVV, keynote speaker Professor Godwin Onu (Rector, Federal Polytechnic, Anambra State, Nigeria), special guest Mr. George Rancourt founder and CEO of US based Global TC.

In his speech Mr. N.N. Jain said- Competitiveness determines the level of productivity of a country. The level of productivity, in turn, sets the level of prosperity that can be reached by an economy. It also determines the rates of return obtained by investments in an economy, which in turn are the fundamental drivers of its growth rates. A more competitive economy is one that is likely to grow faster over time.I hope that the collective talent pool assembled at the conference from all across the globe will come up with some new skills of competitive differentiation to sustain and grow in this era of social change.

Dr. Davish Jain said- In today’s scenario, skills and competencies required for establishing and sustaining competitive advantage. I hope that conference deliberations will throw light on multifarious aspects of business excellence and competitiveness and come up with some out of box prescriptions for achieving excellence in current business environment.

Union Minister Chaudhary Birendra Singh said- perfection can only be when you innovate something. Youth should concentrate on research and innovation, this won’t be a brain drain but would lead to the brain gain. Three things in education should involve moral, character and intellectual, it would lead to success. Skills are acquired through practice.

Mr. Surendra Patwa Independent minister culture and tourism MP Govt said- Life is for once, we need to get all the success with positivity. One should be that successful so that the other person should think twice before competing. Future planning is must. Never compete with others rather raise your standards and do not compromise for your success.

Keynote speaker Professor Godwin Onu said that education is an important determinant of economic growth. Higher level of educational attainment lead to more skilled and productive workforce. According to ILO 43 % of unemployment in Nigeria is due to the unavailability of skills within the students which the educational institutes do not fullfill. In developing nations the key factors which contributes towards the production are competencies and skill development. We have manpower and natural resources but we are not able to utilize it in an optimum way due to lack of skills as compared to developed nations. There is a need of quality training education as a foundation for future era.

On the occasion of inaugural ceremony Two conference books of selected research papers and Abhigyaan a compilation of abstracts of research papers in CD format were released. More than 250 faculty delegates, experts, practitioners along with more than 500 student delegates will be part of this International Conference.The Welcome speech at the inaugural ceremony was given by Director of PIMR and Conference Chairman, Dr. Yogeshwari Phatak. Award ceremony was held by Dr. R.K. Sharma Director UG campus Prestige Institute.The conference is coordinated by Dr. Rupal Choudhary & Dr. Swaranjeet Arora of PIMR, Indore.

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