As the world moves towards Industry 5.0, where human creativity integrates with AI to transform businesses and drive innovation. BML Munjal University (BMU) is scheduled to host the 5th Leadership Summit on October 4, 2024, in partnership with NHRDN Rewari Alwar Chapter. This exclusive event, titled “Adopting Industry 5.0: Leading the Powered by AI Organizations”, will focus on how Artificial intelligence (AI), including Generative AItransforms industries, drives innovation and paves the way for sustainable growth. The summit will bring together industry leaders, visionaries and decision-makers to explore the potential for collaboration between human creativity and AI, ushering in a new era of productivity and innovation.
The summit will begin with a welcome address by Prof. Shyam Menon, Vice-Chancellor, BMU, followed by Prof. Pratik Modi, Dean, School of Management, who will set the backdrop for the event. Mr. Sunil Kant Munjal, Chancellor of BMU and Chairman of Hero Enterprise, will deliver the inaugural address, highlighting the vital role of leadership in navigating the complexities of this transformative era. Ms. Swati Munjal, President of BMU, will follow with a plenary address focused on integrating human creativity and AI-based innovation in leadership. The keynote address by Ms. Vinita Bali, former CEO of Britannia Industries, will further explain how AI is reshaping industries.
The summit will include three plenary sessions. The first, focusing on Human-AI collaboration in Industry 5.0, will feature eminent speakers such as Mr. Nikhil Malhotra, Chief Innovation Officer at Tech Mahindra, Mr. Ravindra Sharma, Head of Brand, Communications Corporate & CSR, SBI Life Insurance Co. Ltd., Ms. Nishu Jain, Executive Director, Data and analyticsPwC and Mr. Venkatesh Raman Prasad, JSA Law Firm. They will discuss strategies for seamless collaboration between human workers and AI systems to improve productivity and drive innovation.
The second session, AI-Driven Innovations and Disruptions, will feature insights from experts such as Mr. Nilanjan Chakravortty, GM-R&D at Hitachi, Mr. Saurav Bhaik, Founder and CEO of Tagbin & Stylin and Mr. Nitin Kalra, Founder and CEO of Parrot Blu. This session will explore the impact of AI in driving innovation and disrupting traditional business models across various industries, including healthcare, finance, media, automotive and agriculture.
The third session, Ethical and Sociological Implications, will look at the challenges of AI adoption, including bias, privacy, and the role of leadership in deploying AI and maintaining ethical standards in the workplace of work. The panel for this session will include Ms. Rachna Kumar, CHRO-Hero MotoCorp and Ms. Lopamudra Banerjee, CHRO-Carrier Midea.
Prof. Pratik Modi, Dean, School of Management, BML Munjal University, commented on the significance of the event: “Industry 5.0 is about merging human ingenuity with AI to unlock new levels of innovation. This Leadership Summit, now in its 5th edition, is an annual flagship event organized by BML Munjal University. Dr Richa Mishra and Dr Jolly Masih, President and Co-Chair of the Summit, said: “Fostering collaboration between industry, academia and students is essential for AI-powered growth. »
