Imagine you have been asked to organize and conduct an event that is participated by dignitaries and hundreds of students. If not for the first time, you and your team might have an easy time organizing it. Now think of organizing the same online in a virtual mode and that too for the first time in the history of CA institute. Do you have any idea about the efforts in strategically planning the event, conducting the same, thinking of what can go wrong and so many other factors to be considered while organizing such event?
It is rightly said by Timothy Weah, “With hard work and dedication, anything is possible.” We should be proud of every person who worked hard in making it possible to virtually organize and conduct the most happening event of ICAI, CA Students Conference for this year. The year 2020 has brought many hurdles in our way of living, conducting events and celebrating festivals. But, it has also helped in bringing innovation and technological advancements in the society.
For the people who have missed this event which took place on 25th and 26th December, 2020, I would like to share my experience at CA Students Virtual Conference 2020 conducted via Airmeet. Below are my key takeaways from various sessions.
DAY-1 (25th December, 2020)
Special session – 1
Speaker: CA Jay Chhaira | Topic: True profession
In my view, CA Jay Chhaira sir is very friendly and his speech too was informal and simple to understand. The key points on which he focused were as follows:-
- Domain expertise - It means getting expertise in a particular field or topic. One must not only study for exams but also focus on being expert in it.
- Technology - One needs to understand all software and tools.
- Language and drafting skills - It is important to develop language and drafting skills for better communication.
- Office management and building systems - In order to grow one must require to do proper office management and build proper systems.
- Updation - From time to time one must sharpen his or her skills.
- Time management - Time management is life management. One must properly manage their social life and professional life.
- Health - Focus on health. Wake up early, go for a walk or jogging or do exercise and yoga.
- Capability - One must understand that a client will not pay a chartered accountant because he or she is a rank holder. He will pay only if the chartered accountant’s advice or service helps him to grow economically. So, one must increase his or her capabilities and focus on innovation.
Lastly, if one can change something then he or she should change it and do not criticize it. However, if you cannot change it then laugh and move on.
Speaker: ADV A.V. Vamankumar | Topic: Being to becoming
It was a wonderful motivational and inspirational session by ADV A.V. Vamankumar sir on the topic being to becoming, which basically means knowing your present position or level and focusing on the transition to a goal position or an upgraded level. It means a journey from:-
- Being a student to a professional.
- Being a spectator to becoming a performer.
- Being a dreamer to becoming a doer.
- Being always a griper to becoming an achiever.
- Being an old version to becoming a new version of yourself.
Then he sets example of a 84-year old man named Kimani Maruge whose name was entered into the Guinness World Record for being the oldest person to attend and finish primary school.
He also gives example of a basketball girl named Qian Hongyan who lost her legs and his father managed to cut a basketball in which she used to sit and move around. She won 2016 Rio Paralympics 100 meters breast stroke swimming competition.
And then he told us about N Ambica IPS who is DCP in Mumbai. She was married at an early age but still due to her passion she managed to clear secondary, higher secondary and did graduation by studying at home. Then she made 2 attempts to clear UPSC exams but failed. However, because of her dedication and support from her husband she managed to clear the exams in her 3rd attempt and became IPS officer.
All these three examples of dedication, hardwork and not giving up no matter how hard your life is are very inspiring and motivating. So, further he asked audience to ask themselves these questions:-
• Do you have strong drive and ambition?
• Are you happy to make your own decisions?
• Do you enjoy working with and learning from others?
• Do you hold yourself accountable?
• Do you have a baseline of relevant skills and experience?
• Have you built relationships with people who can help?
• Do you have a positive and stable personality?
• Can you deal with the need for change and innovation?
It is rightly said by Narayan Murthy, “Your survival today is directly proportionate to the quality of your ideas.”
Further in the session he explains us meaning of being a pessimistic, optimistic and realistic optimistic.
Pessimistic – Someone who tends to see the worst aspect of things or believe that the worst will happen.
Optimistic – Someone who is hopeful and confident about the future.
Realistic optimistic – Someone who believe that they will succeed, but also believe that they will have to make success happen. He is the one who will not only have dreams but will also work hard and passionately for achieving those dreams.
He leaves to us on what kind of person we choose to be that is a pessimistic, an optimistic or a realistic optimistic person.
To conclude with the session, here are a few points which I personally noted down and found very informative and helpful:-
- Possibility thinking is better than positive thinking. So, one must always be a possibility scanner.
- Train both your mind and your body as you need to be mentally and physically strong and capable for achieving your goals.
- He showed us a concept called "recovery mindset" with the use of alphabets as:-
V - It shows that someone's progress goes down and then immediately goes up.
U - It shows that someone's progress goes down, takes some time and the it again goes up.
W - It shows that someone's progress goes down then immediately goes up, then again
immediately goes down and then finally goes up.
L - It shows that someone's progress goes down and then never rises up again. This is the
worst scenario and one must never let themselves be in such a situation. One must
always try hard to get up and rise again.
- To be a quality evangelist:-
- One must have clear intention.
- One must put required efforts.
- One must guide people in proper direction and he or she himself must move in correct direction.
- One must focus on execution. Execution is important as ideas and knowledge only piled up is a
waste if proper execution is not done.
- Observe extensively and listen intensively to your clients and all the people around you. Observe your role model(s) and try to learn from them. He gave example of how IKEA, which designs and sells furniture, heard a customer complaining about how his furniture was not fitting in his vehicle. The customer said that even if one leg of the furniture was cut off then it would easily fit in the vehicle. From this, IKEA got an idea of selling ready-to-assemble furniture and it became their competitive advantage. So one must extensively observe successful people and intensively listen to everyone.
- Be unique. Develop your skills and abilities in such a way that no one can imitate you or your ideas. Everything should be unique that is, dressing style, office environment, communication, business ideas and so on.
- Visualize in mind what is going to happen or what can possibly happen. Here he gives example of world T20 IND Vs BAN cricket match in which former captain of Indian cricket team MS Dhoni visualizes the scenario of Bangladesh needing only 2 runs from 1 ball and even if they took 1 run and match got tied, due to higher run rate they would win the match. So, he plans strategically for a run out and also gets successful with it resulting into India winning the match and moving into the finals.
So, here comes the end of DAY 01 of CA Students Virtual Conference 2020. I have not included inaugural sessions and technical sessions in this article. However, it was very great experience hearing to great leaders and experienced dignitaries in the inaugural session. Their suggestions for students were very helpful and inspiring. Even in the technical sessions, all the paper presenters gave brilliant, informative and very helpful presentations which enlightened us regarding such crucial topics.
Jenil Parikh, Student (CA Intermediate) | ICAI
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