indore the second day of conference on the theme global forces shaping the future of business and society organized at indore institute of management and research iimr concluded on sunday with the speakers presenting their views about the pros and cons of globalization guest lecturer l c tolani of pragya group of industries said that global forces will not affect our country materially owing to its huge demographic pattern based on ethical and moral values of ancient wisdom he advocated viewing challenges as opportunities in his valedictory address director of iimi n ravichandaran narrated the symbiotic relationship between business and society though business is all about creation and distribution of wealth society has a big role to play in evolving the business with globalization competition is becoming intense and only the fittest will survive capacity technology processes and people are moving from country to country in a seamless fashion he said ravichandaran said that globalization is also bringing disruption in indias cultural values family is the basic fabric of society disruption of family values if not managed adequately will affect the society and in turn the business he said brig s k mutreja cmd nepa limited nepanagar gave a lucid account of turnaround of bifr referred company into a profitable one in just about five years he said business is all about management of people proper inspiration leading from the front elimination of waste and team spirit can work wonders to face any challenge conference secretary prof dheeraj nim gave a brief summary of the conference proceedings a total of 30 research papers were received and deliberated one each was from mauritius and new york the papers have been complied and published as a book ravichandran and rohit jainendra jain chairman shail group gave away the certificates to the participants a paper on the theme millennium development goals and business implications and opportunities presented by p raj devasagayam nicholas r stark of siena college new york and nitin david director synergy was adjudged as the best paper and awarded a cash prize