Sunday, August 19, 2007

Captain Gopinath Addresses Students of the Department of Management Studies, IIT Madras



The CEO Connect forum of the Department of Management Studies (DoMS) IIT Madras added another legend to the growing list of corporate wizards on August 16, 2007.

This time it was none other than Captain G.R. Gopinath, Managing Director, Air Deccan. Endorsed by many as the father of value-for-money airline in India, he founded Air Deccan with a vision to make air travel in India accessible to the middle class. Since then, the domestic aviation industry, hitherto a sluggishly growing sector has been on a roller coaster ride. As the pioneer of value-for-money airline model, Captain Gopinath has completely changed the face of the Indian aviation industry, which is now one of the fastest growing sectors in the country.

Captain Gopinath was welcomed to IIT Madras by the Director, Prof. M.S. Ananth and the Head of Department of Management Studies, Prof. L.S. Ganesh. He started off his address by capturing the current positive vibes running through every Indian’s veins, saying that today if you have energy and passion then the opportunities will open flood gates in India as no other place in the world. Describing his early years of study in a Kannada medium school, his stint with the Indian Army and subsequent struggles to convince anyone and everyone for funds while working as a farmer, he urged everyone to be tenacious and be persistent through testing times. In times when people would use only 1-2 acres of land to sericulture, he dedicated 40 acres of his family-owned land in a remote place for the same.

Continuing with the same spirit of ‘Thinking Big’, Captain Gopinath started the first helicopter charter service of India and then established Air Deccan. Speaking about his brush with bureaucracy and politics while running his entrepreneurial enterprises, he said that we should not complain about the politics and the bureaucratic system. What we need is the right attitude and the willingness to be the change that we want to see around us. He stressed on the need to innovate and be resourceful by giving an instance of Air Deccan’s decision to sell tickets directly via the Internet, post office, petrol pumps, et al, reaching out to the customer directly to lower the operational costs. Captain Gopinath then fielded questions that ranged from the initial business model for Air Deccan to its current sale of stake to Kingfisher. At the close, Prof. L.S. Ganesh thanked him for sharing his enlightening thoughts with the students of IIT Madras and gifted him a momento.

The Department of Management Studies (DoMS) is the youngest and one of the most active departments of IIT Madras. It came into existence in 2001 to fulfill the industry's growing demand for high quality management research as well as managers trained in the finer nuances of business and technology by offering an MBA programme that provides a holistic development for the rigours of corporate life. Currently, the department offers degrees in MBA, MS and PhDs in various functional areas and specialized domains of the industry.



Kunal Lal & Vishal Chourasiya
DoMS Interface, DoMS IIT Madras
Batch of 2009

9 comments:

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