He was speaking at the third annual convocation of Bhavan’s Institute of Management in the city on Saturday.

Dr Prakash said that for a person to be successful, he needs to have a disciplined and creating mind. Furthermore a person has to be respectful, ethical and have the grace of humility to enjoy success.

Expressing the important factors in the knowledge world, Dr Prakash said that inquisitiveness, observations and intuitive knowledge for higher levels of learning and interacting with people are essential.

He observed that an entrepreneur needs to have the ability to take risk to emerge successful. Also important are factors such as self-confidence, task and result orientation, risk acceptance, leadership, originality and future orientation, he added.Observing that the concept of networking and synergy play an important role, he said that earlier every single person was responsible for some of the achievements and one example is Thomas Alva Edison who held more than 1,000 patents in his career. But it is his building of groups which were innovative and leading them everyday that made a difference and many of them even today rank as top patent holders of the world, he added.

Dr Prakash mentioned that knowledge are not necessarily people who have gone to schools and colleges. He said that a farmer can also be made a knowledge worker by providing him with the advantage of weather forecasting. The ryot can be further enriched by providing them with a guaranteed plan of farming activity linked with modern methods of agriculture intertwined with traditional agricultural methods.

He said that knowledge has been accumulating in the society. A part of it gets eroded because it becomes archaic. However, knowledge has to be competitive and far superior in its content, he added.

Medals awarded

Manoj M B grabbed six medals as best student for ‘Academic first rank’, ‘Integrated Marketing’, ‘Retail Management’, ‘Marketing’, ‘Systems’ and ‘Leadership Initiatives’.
Parvathy Pillai was awarded the ‘Best student - Academic second rank’. Amitha Kumar G took the  honours for ‘Best boy student’ and ‘Best student - computer applications’.

Anjali Nair was the ‘Best girl student’ and ‘Best student- Human resource’. Lakshmishree B S won two medals for the ‘Best student Indian heritage’ and ‘Best student international business and communications’. Shravya B S won the medal for ‘Best student - finance’.