IIM Sambalpur Unveils Udbhavanam: Establishing a Center of Excellence for Future-Ready Product Management

IIM Sambalpur has become the first institute in the country to establish a student chapter of the International Software Product Management Association (ISPMA) Globally.

DO Staff
DO Staff Official | Verified Expert • 26 May, 2026 Chief Editor
Oct 8, 2024 • 1:29 PM
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IIM Sambalpur Unveils Udbhavanam: Establishing a Center of Excellence for Future-Ready Product Management
“IIM Sambalpur Unveils Udbhavanam: Establishing a Center of Excellence for Future-Ready Product Management”
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8 Oct 2024
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IIM Sambalpur Unveils Udbhavanam: Establishing a Center of Excellence for Future-Ready Product Management
IIM Sambalpur Unveils Udbhavanam: Establishing a Center of Excellence for Future-Ready Product Management

Sambalpur, October 08th, 2024; IIM Sambalpur, one of the premier management institutions, announced the inaugural edition of Udbhavanam, an innovative event dedicated to the future of product management. Notably, IIM Sambalpur has also become the first institution in the country to establish a university chapter of the International Software Product Management Association (ISPMA). The US-based management consulting firm, McKinsey & Company asserts that the role of the manager is expanding due to the growing increasing significance of decision-making and a heightened emphasis on design within software methodologies. In response to the rising demand for expertise in product management, IIM Sambalpur has initiated this event, which resulted in establishment of Center of excellence, spearheaded by the AlphaBeta - in collaboration with the International Software Product Management Association (ISPMA), with the theme of the event "Future-Ready Products: Mastering Innovation in Product Management." To foster cultivating the of product management, experts, academicians, and industry leaders engaged in discussions regarding the rapid transformations occurring in product management, driven by technological advancements and evolving consumer demands.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur said, "India is set to become the epicenter of product management, fostering innovation and entrepreneurship through platform-based models and cutting-edge technologies like AI. By embracing our core values of innovation, integrity, and inclusiveness, we are building centers of excellence in collaboration with ISPMA and the Ministry of IT. Our vision is to transform education and business ecosystems, enabling seamless collaboration between producers and consumers, and addressing both local and global challenges. Through groundbreaking research, comprehensive case studies, and the democratization of business, we aim to nurture responsible leaders with entrepreneurial mindsets, creating a thriving and inclusive society that drives the next wave of global innovation."

DO Staff Official | Verified Expert • 26 May, 2026 Chief Editor

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