aims newsletter-november 2016aims.org.in/assets/pdf/aimsnewsletternovember2016.pdf · mr vinay...

eNewsletterASSOCIATION OF INDIAN MANAGEMENT SCHOOLSVol.2, No.1 November 2016

FROM THE PRESIDENT'S DESK

Dear Members,

eNewsletter September October 2016– and

I am happy to announce the release of Vol. 2, No. 1 which covers the reports ofSeptember October 2016 . I am thankful to all theand from AIMS Memberscontributors would like to request more and more members to contribute to theandeNewsletter.

Dr B V SangvikarEmail:[email protected]

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eNewsletter Vol.2, No.1, November 2016

NORTHERN REGION

JK LAKSHMIPAT UNIVERSITYJAIPUR

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Praktikum-2016- the 5th National SummerInternship Project Contest

Institute of Management organized Praktikum-2016- the 5th National Summer Internship ProjectContest on September 23, 2016 at the campus.This event provided an excellent opportunity forbudding professionals to share their stories andlearnings from the Summer Internship Projects,which they had completed during 2015-16. Theevent received an overwelcoming response. 31participants registered themselves for this eventfrom various esteemed institutes across the nation.

JK Lakshmipat University, Jaipur organizes'Abhinandan – a Teacher's Felicitation Ceremony'

In order to commemorate the contributions ofschool teachers in building careers andtransforming lives of their students, JK LakshmipatUniversity, Jaipur organized 'Abhinandan – aTeacher's Felicitation Ceremony' on September27, 2016. The Chief Guest for the ceremony wasDr Jaideep Das, Deputy Commissioner, Kendriya

Vidyalaya Sanghatan, Jaipur. The programme was wellattended by around 70 teachers and principals fromdifferent schools of the city.

India Intelligence Contest-2016 - A National QuizContest

A National Quiz Contest named India IntelligenceContest-2016 was organized by the University onSeptember 29, 2016. The event was a mixture ofadventure, curiosity, excitement and competition. Thecontestants were divided into two categories – thegraduating students, and students of 11th and 12thstandard. Dr R PMaheshwari, Deputy Director, Centrefor Electronic Governance, Technical Education, Govt.of Rajasthan, the Chief Guest of the event addressed theparticipants. 27 teams from different institutionsparticipated in the event.

JKLU Laureate Award 2016

JKLU Laureate Award was conferred on NL ShriKailash Satyarthi on October 01, 2016, for hiswork against child labor, supporting children'srights and their education. NL Shri KailashSatyarthi delivered the Hari Shankar SinghaniaMemorial Oration on “Stimulating Youth to Feelthe Child Inside them”.

Education & environment awareness event, forthe under-privileged students JKLU CommunityDevelopment Center& Act for Future incollaboration with J&B Foundation, Studio BigBoss and ETV Rajasthan organized an education &environment awareness event, for the under-privileged students of nearby schools ofMahapura, on the occasion of Gandhi Jayanti andLal Bahadur Shastri Jayanti on October 02, 2016.Around 250 students participated in the event.

HR Summit on the theme - “Industry-InstituteIn te r face : Asp i ra t ions , Expec ta t ions &Contribution”.

JK Lakshmipat University organized HR Summiton October 21, 2016. The theme of the summitwas “Industry-Institute Interface: Aspirations,Expectations & Contribution”. The Chief Guestduring the inaugural session was Mr AThirunavukkarasu, President-Corporate HR, JKOrganization (JKO) and the keynote Speaker wasMr Vinay Rajyadhaksha, Head-People SupplyChain, L&T Infotech. Other dignitaries present ondais were Dr R L Raina, Hon'ble VC-JKLU, Dr.-Ing.Anupam K Singh, Director-IET and Dr M Bhatia,Associate Dean-IM.

JKLU bags “Best University of the Year forAcademic Excellence”

JK Lakshmipat Univerisy, Jaipur was conferred with “BestUniversity of the Year for Academic Excellence” Awardduring International Product and Services Awards-2016(IPSA) held on October 15, 2016 at New Delhi.

INSTITUTE OF MANAGEMENT STUDIES, BANARAS

HINDU UNIVERSITY, VARANASI

Game of Ideas

On Saturday, 24th September, 2016 Institute ofManagement Studies, Banaras Hindu University, playedthe host to the event Game of Ideas conducted under thebanner of student club 'Kalpavriksha' in collaborationwith Ensygnia, a UK based technology firm. It was a CaseStudy challenge where the students came up withinnovative ideas of product augmentation and marketingof the product.

The event commenced at 11:00 AM where the guests, MrRitesh Tiwari (Ensygnia India head), Mr Ajay Shukla(ICICI Commercial Banking Head) and Mr AshokKapoor, Managing Director, R K Impex, Varanasiaddressed the gathering. After the addresses of thedignitaries, the presentations were initiated. A total of 32teams partook in the event. The presentations continueduntil 17:30 hrs making it a huge success. Prof RekhaPrasad presented Mementos to the distinguished guests.

From this pool of the finest minds of Institute ofManagement Studies, BHU, three teams will be selected

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Vol.2, No.1, November 2016

and they will be rewarded with Cash Prizessponsored by Ensygnia. The participation by thestudents overwhelmed the guests and theyappreciated the efforts put in by the candidates.

Workshop on Skill Development ValueProposition (18/10/2016)

Institute of Management Studies, Banaras HinduUniversity hosted a workshop on “SkillDevelopment Value Proposition in collaborationwith the Dean Dayal Upadhyay Kaushal Kendra,RGSC, Banaras Hindu University. The Eventencapsulated the theme of “Skill India” which

aims to transform the skill landscape of youth makingthem employable as well as igniting the entrepreneurialspark in them.

The Chief Guest of the Workshop, Sri B K Sikdar,Director, Ministry of Skil l Development andEntrepreneurship, Government of India spoke about thepower of Convention and how one can channelize iteffectively to get equipped with the requisite skill-set thatw o u l d e n a b l e s m o o t h p a s s a g e t o e i t h e rentrepreneurship or a corporate career. He furtherasserted that this campaign has been an effectivemedium for exploring the possibility of career in diversefields.

The Guest of Honor of the Workshop Shri Jaikant Singh,Head, Partnership and State Alliance, National SkillDevelopment Centre, emphasized that through SkillIndia we can reap the benefits of our rich demographicdividend and can align it efficiently with the nation'sprogress towards development. “You are what you wantto be” he further added.

Earlier, the event started with a sonorous rendition ofKulgeet by the students followed by floral tribute toMalaviyaJi. Prof Raj Kumar, Director, Dean and Head ofthe institute welcomed the eminent guests by apprisingthem of the skill inculcation culture. The eventwitnessed the presence of Prof H P Mathur, Prof P STripathi, Prof R P Shukla, Prof S K Dubey, Dr ShashiSrivastava, Dr Anandita Chakraborty, among others. TheVote of Thanks was given by Prof R K Lodhwal, Student'Advisor and the event was compered by Prof P V Rajeev.

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The Institute of Management Studies, BanarasHindu University in collaboration with ICICIDirect organized an introductory session of"STOCK MIND SEASON 5" for prospectiveparticipants on October 1st, 2016. Students fromdifferent faculties of the University attended thesession.

Prof Raj Kumar, Director, Dean and Head of theInstitute welcomed the Guests and students in thesession. Ms Smita Chakraborty, Marketing HeadICICI Direct (East) and Mr Gyaneshwar Singh,Branch Manager, ICICI Direct interacted with thestudents and emphasized on the occasion. MrSingh detailed the importance of event, its role ineducating the investor within the participants andits positive feedbacks from different stakeholders.Mr Singh also highlighted the exposure in differentdomains through trading and its utility inproviding a platform to the students to analyze themarket risk and potentials.

Ms Smita Chakraborty initially talked about thestock market and mechanism of trading. She alsomade the participants aware of different practicesused in trading such as cash and margin trading.She shed some light on bullish and bearish marketand the kind of industries and companies tradingin the market. This would further help in honingvarious soft skills such as critical thinking,decision making, analytical abilities and takingcalculated risks. She introduced the participantsabout the stock mind which basically is a 7 dayintra college virtual trading event conducted panIndia with participation from leading institutions.

Mr Gyaneshwar Singh along with Mr Rohithandled queries from participants and clearedtheir doubts about trading. Prof H P Mathur, ProfRekha Prasad, Dr Anindita Chakraborty were alsopresent on the occasion. The event was comperedby Ms Shruti Maheshwari and Ms Nidhi.

A lecture on the topic “Payment system: Evolutionin India- Is it a Revolution?” was jointly organizedby Institute of Management Studies, Faculty ofCommerce and Department of Economics, at theLaw Faculty Auditorium, Banaras Hindu

University. Shri R Gandhi, Hon'ble Dy Governor,Reserve Bank of India, was the Chief Guest for the event.The event was started with floral tribute to MalviyaJi andlighting of lamp, followed by Kulgeet recited by studentsof Faculty of Performing Arts.

Prof Raj Kumar, Director, Dean and Head, Institute ofManagement Studies welcomed the distinguished guestsand gathering. Prof Raj Kumar also presented mementoand Angavastra to the Hon'ble Dy. Governor and ShriAjay Kumar, Regional Manager, RBI.

Prof A P Pandey, Head, Department of Economics gave abrief introduction to the students about the topic of theLecture.

Shri Ajay Kumar, Regional Manager, RBI Lucknow alsoaddressed the gathering and thanked Prof G C Tripathi,Vice Chancellor, BHU for inviting them to the university.He explained how RTGS is the backbone of Paymentsystem which has come a long way now.

Shri R Gandhi, Deputy Governor, RBI addressed thegathering and expressed his delight to be present in sucha historic place. He said that he selected the topicbecause of the continuous evolution in payment systemwhich has set a standard for the world. He described thejourney of payments system in India in great detail which

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started off from precious metals and has come upto Unified Payments System. He also threw lighton the huge use of Aadhar based payment andauthentication system and the CTS (ChequeTruncation System) which is considered one of themost efficient systems in the world.

He further elaborated on the concerns of RBI thatinclude the recent cyber security attacks whichneeds strengthening and to continue the progressand not to become passive. He added thatcustomer protection and customer awareness arethe two most important segments on which RBI iscontinuously working.

Financial inclusion and handling of customercomplaints and grievances are being effectivelymonitored by RBI. He concluded by explainingRBI's role in setting standards for Banks andNBFC's. He also interacted with the students

Vote of thanks was proposed by Prof C P Mall,Dean, Faculty of Commerce to the distinguishedguests and gathering on the occasion.

The Hon'ble Dy Governor Shri R Gandhi alsovisited the Institute of Management Studies, andhad a brief interaction with the faculty membersprior to the event.

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29th September, 2016 Meeting of AIMS West-Bengal Chapter held at IMS, Kolkata.

Prof R C Bhattacharya, Chairperson, AIMS WestBengal Chapter began by welcoming all the office-bearers and participants. The Chairperson onrequest of the house narrated his recentexperience from month-long-visit to USA havingvisited HBS, MIT & Rutgers. He spoke ofcontemporary trends in US business Schools like

a) Ethical Leadership

b) Innovation such as: 3D Printing,Nanotechnology, etc

c) Spirituality in Management

d) Internet of Things (IOT), Cyber Fraud, etc

He emphasized the need of tomorrow's Managersto remain abreast with (a) Effect of newtechnologies and (b) Modern trends in socialbehaviour including social networking. The richpoor divide is increasing and the caption:"Prosperity versus Richness" is the catchphrase offinancial world today. This is an issue for businessschools to ponder over.

Prof RCB stated that Indian business schoolsshould nurture the spirit of collaboration instead ofcompetition. Content of Local Chapter meetingsshould be informed to AIMS General bodyregularly so that they are aware about Chapterissues and concerns. This was followed withdiscussions where other members chipped in.

A presentation was made on Cyber Fraud by MrSuvendu Chunder, President, ISACA. It was agreedby all that such presentations on newersubjects/topics should be organized so thatmembers can keep abreast with recentdevelopments.

Pro f (Dr ) Malay Kumar Baner jee , ViceChairperson, AIMS West Bengal Chapterreiterated APAI way of resolving various issues.He said, in many cases syllabi became obsolete,pedagogy stale, all these need to be revamped.Major General (Dr) S C Jain, Secretary, AIMS WestB e n g a l C h a p t e r r e c a p i t u l a t e d h i s

EASTERN REGION

GLOBSYN BUSINESS SCHOOLKOLKATA

recommendation for a consortium of b-schools onmatters like sending students to overseas institutions forcross-cultural learning as is being sent by Globsyn.

Prof RCB then invited Dr Tapas Ranjansaha to brief thehouse of his recent experience while attending AIMSConvention at Ranchi. Dr Saha while narrating hisunique experience informed the house that AIMS isprepared to help Chapters in organizing FDP seminars,with financial help as per AIMS policy. Prof (Dr) RajdeepBakshi re-stressed upon sustainability issue andimprovisation of teaching quality. He along with Prof(Dr) Malay Banerjee, pointed out that 40-45 collegescan be roped in for APAI implementation.

Dr Banerjee agreed to send a write-up on APAI way. RCBagreed to circulate APAI way to all chapter members sothat they can know how APAI way will promote studentsenrollment. It was also agreed that a delegation willmeet the Education Minister, Govt. of West Bengal toresolve some issues.

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WESTERN REGION

INSTITUTE OF MANAGEMENT & ENTREPRENUERSHIP

DEVELOPMENT, BHARATI VIDYAPEETH DEEMED UNIVERSITYPUNE

A Report of Industry Institute Partnership Summit2016 [IIPS 2016]

Bharati Vidyapeeth Deemed University's Instituteo f Managemen t and En t r ep reneu r sh ipDevelopment has organised the Industry InstitutePartnership Summit (IIPS) 2016.

Day & Date: Saturday, 10th Sept.2016.

Time: 10.00am onwards

Venue: Abhijeet Dada Auditorium, ErandwaneCampus

Report:

To academicians corporate culture refers to thebeliefs and behaviours that determine how acompany's employees and management interactand handle companies outside businesstransactions.

IMED, as a finishing school, works extensivelytowards inculcating the corporate culture in all itsstudents. And hence IIPS is an endeavour made tobridge the gap between the corporate world andthe B-schools, providing a common platform forboth. It compels both the entities to constantlyredefine the very nature of the relationship formutual benefit.

Goal of IIPS:

� Deliberation on contemporary issuesaffecting industry institute interfase And

� Commemoration and recognition of thecontribution of corporate managers for thegrowth of business.

(From left: Dr Ajit More I/C Director BVDU MCAPune, Mr Yatin Shah, Dr Sachin Vernekar, MrSumit Chuttar, MAPRO Foods India Ltd )

Mr Yatin Shah, Precision Camshafts Ltd being felicitatedby Dr Sachin S Vernekar Dean FMS and Director BVDUIMED Pune.

Director Dr Sachin S Vernekar felicitated Mr Yatin Shahwho is the Founder of Precision Camshafts Limited andserves as its Chairman and Managing Director. Mr Shahhas successfully built an organization with expertise inengineering, quality, R&D and processes that have todayset global benchmarks and has been instrumental in theforay of PCL into new markets across Russia, Europe,India, South East Asia and the United States of America.Taking the organic and inorganic route, Mr Shah hasbeen actively involved in setting up world class facilitiesand the most enviable customer base with the worldmajors in automobile, some of them being GeneralMotors, Ford, BMW and Porsche along with thedomestic majors like TATA Motors, Hyundai and Marutito name a few.

He addressed the students regarding,

� Importance of understanding the requirement ofcorporate and developing accordingly

� To understand the importance of performing at par

� The importance of increasing industry interaction

� Finding opportunities to understand the industryenvironment

� Importance of peer ship, leadership and teamwork

� Faculty is huge bridge in meeting the industryexpectations and that they should be exposed to theindustry in order to play this huge role

Felicitation of Mr Sumit Chuttar, MAPRO Foods India

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Ltd:

From left: Dr Sachin Vernekar and Mr SumitChuttar, MAPRO Foods India Ltd )

Mr Sumit Chuttar, MAPRO Foods India Ltd beingfelicitated by Dr Sachin S Vernekar Dean FMS andDirector BVDU IMED Pune.

The Director also felicitated Mr Sumit Chuttarwho is the Chief Financial Officer of MAPROFoods India Ltd. Has an Experience in businessadvisory, enterprise risk management, internalaudit, management audit across 15+ countries inEurope, USA, South America and Asia in thesec tors such as In te rne t , e -commerce ,Telecommunication, Media & Entertainment,Newspaper, Oil & Gas, Engineering andoutsourced manufacturing facilities. He hasdelivered various projects in the areas of businessprocess reviews, productivity and efficiencyimprovement, setting up MIS and KPI reportingfunction, investment review, due diligence,review of business plans, Internal Audit,Management Audit, and many more.

He has thrown light on -

� Industry requires fast learners

� Honesty and Integrity are the two mostimportant values in the corporate

� Attitude and hunger to absorb and flourish inthe industry are important

� Importance of having clarification on job vsbusiness

� Important for all of us to be entrepreneurs inour respective role

� Overcoming problems and making use ofopportunity through ideas

� Developing good health in order to facechallenges and embrace your uniqueness

Dr Sachin Vernekar, Dean Faculty of ManagementStudies and Director IMED. delivered his speechabout Bharat iVidyapeeth's Vis ion and

M i s s i o n , H i g h l i g h t s o f I M E D r a n k i n g s a n dachievements.He requested all corporates to take partinto the student development process which will be thegreat contribution to the society.

Release of IIPS Brochure:

(From left) Dr Ajit More I/C Director BVDU MCA Pune,Mr Yatin Shah, Dr Sachin Vernekar, Mr Sumit Chuttar,MAPRO Foods India Ltd releasing IIPS brochure duringIIPS 2016.

Release of MBA/MCAplacement brochure:

(From left) Dr Ajit More I/C Director BVDU MCA Pune,Mr Yatin Shah, Dr Sachin Vernekar, Mr Sumit Chuttar,MAPRO Foods India Ltd releasing MBA/MCAplacement brochure during IIPS 2016.

Release of BBA/BCAplacement brochure:

(From left) Dr Ajit More I/C Director BVDU MCA Pune,Mr Yatin Shah, Dr Sachin Vernekar, Mr Sumit Chuttar,MAPRO Foods India Ltd releasing BBA/BCA placementbrochure during IIPS 2016.

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The most awaiting moment for students wasrelease of MBA/MCA placement brochure. It wasreleased by specious hands of the Director anddignitaries presented on the dais.

Panel Discussion:

The most enthusiastic round of idea generationand idea sharing began with the Panel discussionsession that ran into nearly an hour and a littlemore. Prof Dr Anthony Rose co-ordinated thepanel discussion.

The members for the panel discussion were

� Mr Sumit Chuttar CFO, MAPRO Foods IndiaLtd.

� Mr Brijesh Ammanath, Lead Manager,Barclays Technologies Ltd.

� Mr Pramod Sonawane, Director IT, GE Oil &Power

� Ms Ketkee Deshmukh, Co-founder and CEO,HR Kapital

� Mr Joy Parekh, AVP, IMARTICUS Learning

� Mr Rajesh Rajani, Regional Manager, iSTARSkill Development Pvt. Ltd.

The panel discussion sums up with the thoughtsthat industry or corporate world should have aninterface to leverage the gap between industry andacademia.

SHRI VAISHNAV VIDYAPEETH VISHWA

VIDYALAYA, INDORE

SVVVIMUN 2016

Great opportunities come and turn into a realitywith an efficient team work. The event was ModelUnited Nations, a concept encouraged by theUnited Nations itself. The concept of a MUN isimportant as it helps the participants to becomefully aware of the way the UN functions. Unlesswe, the future of the world are aware of thefunctioning & proceedings of the United Nations,this vital congregation of the nations of the worldwill not be successful. SVVVIMUN was extremelyexciting for both the organizers and delegates, as itwas the first Model United Nations organized bySVVV. It was organized from October 21 to 23,2016. About 450 students in which there were 200delegates, 30 Executive Board Members, 80organizing committee members and 150participants from esteemed schools and collegesfrom different parts of the country and abroadparticipated in the event. After registering for the

event, the participants were informed about their fields ofresearch and the form of the competition.

Former I.G., Mr V K Agnihotri was the Chief Guest in theinaugural ceremony. The programme began with thewelcome speech of Mr Mayank Mehta, Secretary Generalof the Conference. Mr Kamal Narayan Bhuradiya,Secretary, Shri Vaishnav Vidyapeeth Trust delivered amotivational address on leadership skills. The ChiefGuest in his address highlighted the importance ofprimary education in our country and said that oureducation system should not be compared to that ofOxford and Harvard. The first day of the event concludedwith DJ which the students enjoyed a lot.

The three days of the event were days of intense activityas the delegations used all their diplomacy and ingeniousmethods of reasoning and argument to defend theircountry's policies. The delegates asserted their country'sstance on the floor of the house and were prepared todefend them till last. No wonder it's a prerequisite ofbeing a successful MUNer.

The last day of the Conference was immensely enrichingfor all, in terms of gaining knowledge. Mr Manas Daulani.Representative of Global Youth Council was Chief Guestfor the closing ceremony. Mr CS Katju, Head,Government Relations, Tata International, Dewas wasinvited as Special Guest for the ceremony. Mr KamalNarayanji Bhuradiya with his motivational speech madethe audience spell-bound. He emphasized on becomingJob Creator rather than becoming a Job Seeker. Mr ManasDaulani addressed the delegates and audience andfocused on understanding the role of United Nations. Healso talked about gender equity and gender equality. Avideo showcasing the three day activities during theevent was also put on screen. With immense support fromour organizers the entire team was able to put up anoutstanding performance in all the committees. Thecompetition gave everyone a feel of what it takes andfeels to be a representative of a nation. This was reflectedin the awards ceremony. The maximum numbers ofoverall commendations were grabbed by HidayatullahNational Law University (HNLU), Raipur, and Miss RitikaJain received best delegate award.

Dr Uttam SharmaCoordinator

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Colloquium on Empowerment of Women

A Colloquium on “Empowerment of WomenThrough Development and Management ofHealth” was held at SVVV on October 03, 2016.The event was graced by the presence of twospeakers Dr SavitaInamdar (Pediatrician&General Practitioner) and Dr Nikita Rawal(Gynecologist). The Special Guest on theoccasion was Mrs Yashoda Dharkar, IndoreCancer Foundation. The Guests were welcomedby Hon'ble Vice Chancellor, Dr Upinder Dhar. Inhis inaugural address he said “no society can existwithout Women”. Women are foundation pillarsfor any progressive nation.

Dr SavitaInamdar in her deliberation stated thatbetterment of women has to be prioritized notbecause of sympathy but the realization thatfemale gender is important for the development ofthe nation. She said there is nothing wrong infollowing traditional rituals provided that theyhave a scientific basis. She also deliberated onanatomical and psychological changes duringpuberty. She said it is all due to hormones and hasnothing to do with good or bad deeds. Sheemphasized on being decisive, logical and to be aleader on each and every front.

The second speaker, Dr Niki ta Rawal ,Gynecologist highlighted the importance ofhealth- physical, social and mental well being.She said that women are prone to malnutrition,vitamin deficiency and anemia and advocatedthat Indian Traditional thali is “complete balanceddiet” as compared to junk food available in themarket. Further, she elaborated upon thecomponents of health- physical, mental, socialand spiritual and emphasized on the importanceof exercise and meditation in day to day life. Theprogram concluded with Dr Santosh Dhar,Coordinator - Women Grievance Cell, SVVV,proposing vote of thanks.

Dr Santosh DharCoordinator

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SOUTHERN REGION

KLS INSTITUTE OF MANAGEMENT

EDUCATION & RESEARCHBELGAUM

Aarambh - 2016

The inauguration function of Aarambh 2016 -Orientation Programme for MBA (2016 - 18 batch)was organized on 1st September 2016 at 10:30a.m. ShriJayant Humbarwadi, Joint ManagingDirector, Ashok Iron Group, Belagavi was theChief Guest. Shri Rajendra K Belgaumkar,Chairman, Governing Council, KLS IMERpresided over the inauguration function.

Foundation Day

KLS IMER celebrated 26th Foundation Day, aflagship event, on 16thSeptember 2016, whichcoincided with the 100th Birth Anniversary of LateShri Raosaheb Gogte, the patron of Karnatak LawSociety.

Shri R V Deshpande - Patron, Karnatak LawSociety and the Minister for large and mediumscale industries and Infrastructure Development,Government of Karnataka was the Chief GuestShri Anant N Mandgi - President, Karnatak Law

Society was the President of the ceremony. Shri M RKulkarni - Chairman, Board of Management, KarnatakLaw Society, was the Guest of Honor.

Every year we identify a successful local entrepreneurfrom Belagavi, who has contributed significantly towardsgrowth of the Belagavi, and honor him/her on thisoccasion. This year we honored Mr Vijay Pusalkar -Founder and Chairman, Indo Schottle Auto Parts PrivateLimited, son of Late Shri Balakrishna Pusalkar - thefounder of BEMCO.

The video profile of Mr Vijay Pusalkar, highlighting hisentrepreneurial journey, was presented to the audiencecomprising industrialists, entrepreneurs, academicians,members of management and students. Citation was readby Shri Rajendra Belgaumkar, Chairman, GoverningCouncil, KLS IMER. Dignitaries then felicitated Mr VijayPusalkar.

Shri M R Kulkarni, the Guest of Honour, narrated thesignificance of Foundation Day for KLS IMER. Shri AnantN Mandgi, in his presidential address congratulated MrVijay Pusalkar for his entrepreneurial achievements andthanked Honorable Minister for gracing the occasion. Herecalled the contributions made by the Institutions of KLSin transforming the students in to the brand ambassadorsof Belagavi in various disciplines.

Dr Purushottam Bung, Director of KLS IMER, welcomedthe gathering and narrated the 25 years journey of KLSIMER. Prof S G Chiniwar proposed vote of thanks. Eventwas coordinated by Prof S G Chiniwar, Prof ShreekantNaik, Prof Sonal Revankar and students.

Swachh Bharat Abhiyan

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KLS IMER staff and students participated inSwachh Bharat Abhiyan organised by the Institute.They all cleaned the entire campus.

Celebrated Gandhi Jayanti at KLS IMER

Centre for Peace celebrated 147th birthanniversary of Mahatma Gandhiji. Prof AKMense,Principal, GSS College, Belagavi gave a key noteaddress on "Relevance of Gandhian Philosophy intoday's context" and highlighted various problemsthat India is facing today, like:

� Unemployment of the urban youth leading tounrest in the society

� Ignorance of agriculture sector by theGovernment leading to more and moremigration of the rural youth to urban areascausing urban congestion and environmentaldegradation

� Ignorance of village development by theGovernment leading to lop-sided developmentof the nation

� Exploitation of the underprivileged populationby the so-called elite population

� Ignorance of primary education and primaryhealth care sector, all across the nation

He said all the above mentioned problems can beresolved by embracing Gandhian Philosophywhich can be stated in a nut-shell as follows:

1. "Economy should be human centric and notmarket centric”

2. “Improve/Empower villages - country willautomatically improve and get empowered asIndia live in villages"

All the guests, faculty, students and staff offeredfloral tribute to Mahatma Gandhi and interactedwith the key note speaker. Prof Pratibha Naik sang

the invocation song.

Career Opportunities in Armed forces

A workshop on "Career Opportunities in armed forces"was conducted for MBA students. Lt Colonel & student ofIMER Sri Niteen Rumale and Air Commodore G LHiremath were the resource persons for the workshop.MBA students were enlightened by the speakers aboutthe opportunities in armed forces for both combative andnon - combative positions. Resource persons threw lighton Cadres, Recruitment methods and Training Methods,and Do's and Don'ts.

The session was quite motivating and gave new insightsto students beyond regular careers. The interactivesession was followed by question and answer session.

Asession by Mr Sumedh Gupte

KLS IMER, Belagavi had organized a session by MrSumedh Gupte, Regional Head - Maharashtra & Gujrat,Business Standard Limited on 25th Oct., 2016 at KLSIMER for students and staff on "Expectations from theIndustry from the Manager in 21st Century". He said 21stcentury could be India's Century taking into account, thefollowing developments;

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� Strong gross domestic product growth

� Fourth-largest base of start-ups (Start up India)

� Country's current focus on digitization (DigitalIndia)

� India has youth population along with thetalent (youngest nation in the World)

He also said what industry is expecting from thefreshers and how changes are taking place likedesktop to tablets, landline to mobile and Maruti toBMW.

Mirchi Campus Star - 2016

Radio Mirchi - 98.3 FM conducted "MirchiCampus Star - 2016" Talent hunt event at KLSIMER. Students from 1st and 2nd year MBAparticipated in the event. Ms Suprita Lokur and MrRushikesh Patil won the contest and willparticipate in the next round at Bengaluru. MrBipin Karyappa from Radio Mirchi anchored theevent. Mrs Shailaja G Hiremath and Mr SanjayDeshpande judged the performances. DrPurushottam Bung, Director, KLS IMER distributedthe prizes to the winners.

GLOBAL BUSINESS SCHOOL, HUBLI

State of the Nation Conclave Prabuddha Bharat's2016

On 24-25 September 2016, Prabuddha BharatBelagavi had organiseda "State of the NationConclave 2016" the Conclave was supported bythe Visvesvaraya Tech-nological University andRani Channamma University. The conclave wasaddressed by re-nowned speakers and Dr AnilKumar Garag was his reflections on the State of theeconomy. Below is the text of his reflections at theconclave.

"It is always a feeling of deja vu when you getinvited to your home town and are given a chance

to address a gathering of delegates in a prestigiousconference. I must make it a point to thank Shri L KHavanur, The president of Prabuddha Bharat, ProfSandeep Nair for thinking about me to be a person ofsome value to speak to the August audience.

I would like to place before you my thoughts on threethings about the state of the economy.

1. Economic themes post 2014: there is a paradigm shiftin the economic themes post 2014 and the newgovernment has been talking about two veryimportant themes;

a. Ease of doing business: we have been doing business,the wrong way for the past 70 years and have been able tobend rules backwards to accomodate our whims andfancies. The times have changed and also the newregulations on GST will change the way we conductbusiness in the country. Whenever you go to the marketto buy anything, the regular question asked is whetheryou want a bill for the transaction, if you want it then youwill have to pay VAT or sales Tax and the price of theproduct will go up by that extent. This choice isinvariably offered by businessmen of all hues and sizes.With the implementation of GST, the question wouldbecome redundant as the seller would have already paidhis part of the GST and would be eager to recover thatamount from the buyer. Hence learning the clean way ofdoing business becomes more important. This to mymind is the real contribution in ease of doing business.Business becomes easy when everybody follows thesame rules.

b. Make in India: there is a lot to be done in promoting'Make in India', a lot is being done though, labour lawsare being tweaked slowly and surreptiously to make iteasy for hiring and firing. But the challenges of Make inIndia are numerous. One of the biggest challenges is theProhibitive Land process and highly complex ownershipstructure of land holdings. This is one obstacle which isgoing to be difficult to remove and make "Make in India"easier.

2. Challenges faced by the government in monitoring theeconomy:

a. Collecting economic data is a nightmare for ourstaticians. Our IIP data is published three months late,Our inflation data is not relied upon by our own industrypeople. collecting, collating and computing GDP hasbecome a bone of contention between private dataaggregators and the government staticians. Collectingauthentic data in a timely manner is a big challenge for acountry whose unorganised economy is larger than theorganised econ-omy.

b. Building and maintaining an organised market forvarious commodities, products and fi-nancial services isanother major challenge. creating an ecosystem of

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organised markets and then collecting anddisseminating data are two sides of the same coin.

3. What has changed into the last two and a halfyears?

a. A very personal example is that I have beenasked to be on stage and present my reflections onthe state of the economy. The organisers wantedme to talk about my thoughts without asking meabout my lineage. This is the biggest change here.Earlier dispensation wanted only those with theright lineage to address gatherings. Being capitalistis no more considered regressive. Still somepockets of the civil (should we call them that)society think that being communist is beingprogressive. So first victory over the class war hasbeen won by debunking the thought about leftleanings being progressive.

b. We have a government at the centre which hasengaged a number of common citizens in aconstant dialogue on governance with the help oflocal circles and the mygov initiative on the digitalplatform. I appeal to all of you to please participateon this platform positively and constructively.

c. Finally you have elected this government in thehope that the government cleans up the house.When you engage somebody to clean your house,remember that the cleaner is bound to reach underyour seat to get the job done. Therefore don'tcomplain that the janitor has reached under yourchair too. Get up and declare your dirty assets tothe government before the cleaner approachesyou. These are the last few days available fordeclaring your black money, make the most of itand declare before the due date.

I would like to end my submission with thefollowing lines

“Mera desh badal raha hain, aage badh rahahain”.

INTEGRAL INSTITUTE OF ADVANCED

MANAGEMENT, VIZAG

Report on AIMS AP Chapter Inauguration

All India Management Schools AP Chapter hasheld its first investiture ceremony at IntegralInstitute of Advanced Management (IIAM), MVPColony, Visakhapatnam on 1 October 2016 anddiscussed at length on the theme “Innovation in B-School Education: Leadership Challenges.”

The past couple of years, B-Schools across thecountry have struggled to keep up with the paceset by industry. While some schools are doing

extraordinarily well, a lot of schools are facingunprecedented challenges. These challenges aremanifested in various ways inability to dynamicallyintroduce curriculum changes keeping in tune withindustry requirements; resistance from internal facultymembers to continuously re-calibrate their subjectexpertise; difficulty in sourcing the right industry expertsto support us in our pedagogical engagements; students'disinterest in listening to lectures that are rudimentary innature; demanding parents that consider fees paid as aninvestment and therefore seek a healthy ROI; lack ofappropriate avenues for school leadership to share theirpain points and seek guidance, among others.

The AIMS - AP Chapter is committed to bringing about achange in the way we see and organize ourselves. Itassures you that the right platforms are created formember schools to share their learnings, open up newpossibilities to collaborate with the intent to grow inunison, usher in a healthy revolution in the way businesseducation is imparted in our schools and with yourcooperation make AP chapter a role model in thecountry.

SAMBHRAM CENTER FOR INDIAN MANAGEMENT

[SCIM], BENGALURU

The Inaugural Program/October 25, 2016

THE REPORT

Inaugural Program of Sambhram Center for IndianManagement (SCIM) was held on October 25, 2016 inSambhram School of Management in the augustpresence of the luminaries like Padma shree Professor HR Nagendra, Chancellor, S-VYASA Yoga University,Bangalore, as the Chief Guest; Professor SubhashSharma, Director, Indus Business Academy (IBA),Bangalore and Professor K B Akhilesh, Senior Professor,Department of Management Studies, Indian Institute ofScience (IISc), Bangalore as Guests of Honour. Shri VNagaraj, Vice Chairman, Sambhram Group ofInstitutions presided over the Program. Library, as thesymbol of triumph of knowledge, provided the rightambience for the inaugural program.

The program began with invocation by Mr H ARaghavendra followed by a welcome Kuchhipudi danceby Ms Sowmya T P and subsequently the guests lightedthe auspicious lamp to mark the beginning of this newinitiative. Prof K C Mishra, Director, Sambhram School ofManagement introduced the guests with briefing aboutthis B-School and the SCIM.

Prof Nagendra along with other guests inaugurated theSCIM. In his inaugural address he expressed his sincerejoy to inaugurate the Center and said he was delighted tosee this kind of new dimensions of the B-School that are

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necessary in modern times. He said abundantknowledge of Indian ethos is available so it is theperfect time to start the Center and posed thequestion 'what was Indian Management'? and alsoanswered that it was 'nothing but an offshoot ofspiritual dimension'.

He further said modern science has grown to thegreat heights in the last 400 years but is stillincomplete in its search for the reality. Scientistslike Newton and Descartes found the world socomplex as far as the physical world wasconcerned but apart from physical world there isalso the world beyond our imagination andunderstanding of Gods, etc; we had understoodthe physical world thinking that everything in thisworld was matter and energy. Scientists couldcalculate how to put the rockets into right orbitwhich was deterministic; on the other hand, thereis a subtle world where electrons grew like globeleading to collapse of the deterministic worldwhich only showed we could understand thephysical world only partially.

The essence of Indian way of life lies in goingbeyond the physical world like understandingPrana (life); the problem of Western medical worldwas how non-communicable diseases likeDiabetes, Asthma and Cancer arise. However,these diseases require multidimensionalapproach; modern Science and Technology wasunable to solve such modern problems, that is whya system like 'AYUSH' (Ayurveda, Yoga, Unani,Siddha and Homeopathy) was introduced byGovernment of India recently to give a holistictreatment to these diseases which was backed byWHO also. Professor Nagendra went on to add, inthe Management Scenario, along with the Westernconcepts like TQM, ISO, Japanese Managementwe should also evolve Indian Managementprinciples. That we have achieved so much andwaiting for what next; however, in the process wehad burnt up ourselves. So, time has come tomaintain one's health properly and in this directionIndian Management principle of HolisticManagement could help.

The Western Management teaches only quality ofproducts whereas Indian Management teachesquality of life which is also very important. Unlesswe understand this integral dimension ofmanagement, it will not be effective, he stronglyfelt. Human beings need freedom from pains,diseases, greed and arrogance; ancient seers hadgiven solutions for all these problems. Yoga can bea panacea for all ills of modern problems; in thiscontext he opined India is not simply a Punya

Bhoomi but it is a Divya Bhoomi. Now there is a need tobring back those management concepts and usher inholistic development of the human personality.

By combining the 'Best of the West and the East' to give atotal new dimension; total index of the country shouldnot simply be measured by GDP but it should alsoinclude health index, personality index, and contributionindex. Corruption can be prevented by will power; andthere is great need to build values in management and insociety. We should listen to wisdom rather than senses;on the one hand, we are growing gigantically but wehave been reduced to pigmies because of many modernproblems. Hence, Indian education should teach us thefine qualities through inculcating right values; all thesedimensions should be brought into Indian Management.So it would be a wonderful knowledge base; in thiscontext ancient Indian texts should be studied and ideaslearnt from them to be applied to the body ofmanagement knowledge. He lauded the efforts of the B-School in developing the SCIM and wished the venture togrow phenomenally in future.

The Guest of Honour, Professor K B Akhilesh, in hisaddress shared an interesting anecdote; in a Conferenceon Indian Management about two decades ago theystrategized to evolve the concept of Indian Managementand it was defined in different ways. One way was todefine it in terms what successful Indian companies do;second way was to see it in terms of failures of Westernpractices in Indian context and the third approach was todefine it in terms of our culture and values so that thepositive aspects of work life could be highlighted.

These can be internalised from our texts and scriptures.Another dimension we learnt was with respect to largescale changes we have brought in India; against thisbackdrop, he quoted about the reforms brought out inTihar Jail by the top Indian First Woman Cop Dr KiranBedi and another example of Salem Silver Jewellerymakers with a lakh employees of having no financialtransaction. Lessons learnt from these experiences are atthe core of Indian Management. Now days, we aregetting many Indian unique case studies and we learnfrom other parts of the world also which are evidence-based.

Today people ask for evidence-based questions; againstthis back drop, Management Department of IISc wouldestablish a lab to give evidence-based studies aboutIndian Management; he mentioned the very interestingIndian concept of 'Reverse Decision Making' that wasfirst presented by Dr Daniel Albuquerque and discussedin a Workshop at IBA, wherein lies the importance ofIndian mythologies like Savithri, Bhakta Markandeya, incontrast to usual decision making process based onWestern Management theories. He concluded his speech

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by saying Yoga Programs at S-VYASA are globallyaccepted and appealed to the youngsters tocontribute to the field of Indian Management infuture.

The other Guest of Honour Professor SubhashSharma highlighted about the historical evolutionof Indian Management starting in 1980 followedby the 'Human Values in Management'propounded by Swami Ranganathananda ofRamakrishna Mission. Further, Professor S KChakravarty of IIM Calcuta also added to thisconceptualization and the outcome was creationof “Management Center for Human Values” in IIMCalcutta led by Prof Chakravarty himself.

In 1996 he came out with his book “Managementin New Age: Western Windows Eastern Door”opening a new vista in Indian Management. IndianManagement is rooted in the idea of 'Vision of Life'taking us beyond the 'Vision of Profit' which is theroot of Western Management. He also mentionedabout institutional efforts in this direction atWISDOM (Women's Institute for Studies inDevelopment Oriented Management) atBanasthali University, Rajasthan and IndusBusiness Academy, IBA, Bangalore and GreaterNoida. He talked of three phases of developmentof Indian Management, viz. Indian ethos andManagement phase with focus on human andethical values 1980 onwards; Yoga Revolution andYMS (Yoga, Meditation and Spirituality) phasewith focus on Self Management 2000 onwards andnow entry into DNA (Development, Nationalismand Aspiration) phase wherein Management islinked with three key ideas viz. Development,Nationalism and Aspirations of people. Hede f ined i t a s ' INDIA Mode l o f Ind ianManagement'; wherein INDIA stands for Indian (I)Nationalism (N), Development (D), andInternational (I) Aspirations (A). He also linked itwith the development vision of our Prime MinisterS h r i N a r e n d r a M o d i , a r t i c u l a t e d a s'sabkasaathsabkavikas' (collective energy forcollective development). He further stated this canbe accomplished through a 'Step by Step'approach to success and gave his well-known'Step by Step' song of success to the students andthe aspirants attending this program.

Mr B K Gupta, CEO, Giant Step, a noted CorporateTrainer and motivation guru underlined the needand relevance of the inauguration of SCIM;expressed his experience that students of leadingB-Schools of the country showed blatantignorance about Indian values, culture and ethos.He congratula ted Sambhram School of

Management for laying the foundation of SCIM andbelieved it would go a long way in igniting the buddingmanagers to know about their glorious past and richcultural heritage; further he quoted the great Frenchsavant and Nobel Laureate Romain Rolland: “If there isone place on the face of earth, where all the dreams ofliving men have found a home from the earliest dayswhen man began the dream of existence, it is India”. Theaugust gathering was also reminded of the powerfulprediction of the British Historian, E P Thomson “India isthe most important country for the future of the world”.

Mr Gupta made a fervent appeal to the teachers inparticular to shift their focus from teaching values topracticing values as the students today are facing thecrisis of finding genuine teachers to become their rolemodels; with conviction he concluded on a positive notethat the time was opportune for India to become aSpiritual Guru and SCIM could prove to be the harbingerof the New Dawn! Dr Vithal D Potdar, Principal,Nagarjuna Degree College, extended his concludingremark about the initiative of having this SCIM and statedthe new perspective should be followed in a spirit ofresearch not in isolation and an interdisciplinaryperspective is the need; we could take a leaf out ofIndology and Indian classical works also. Joint studygroups should be set up in consultation with Linguists,Soc ia l Sc ien t i s t s and Management exper t s .Interpretations of ancient texts like Rajaneethi,Arthasastra, and Maanasollasa should also be taken upwhich is otherwise application of ancient principles inthe modern contexts; this is precisely missing in today'sresearches. In this context, he referred to the seminalwork conducted long ago by late M H Gopal in 1920 bysubmitting his PhD thesis on 'Mouryan Public Finance'to the University of London; how he was motivated toundertake his research studies in 1994 in KarnatakaUniversity. At the end he suggested to go for tie-ups withIndological Groups, ICHR, ICSSR, ICPR and MythicSociety to take up studies in this direction.

Sri V Nagaraj, Vice Chairman, Sambhram Group ofInstitutions and President of the Program remarked thathe was very happy to see the Center being inaugurated inthis B-School and assured all the required support for itsgrowth. He hoped in future more and more studentswould pursue their interest in this type of studies andresearches thus bring laurels to the SCIM and also tothemselves. Though he had his own queries about thisconcept at the outset but now after hearing thelegendaries about the efficacies of Indian Managementhe best assured himself first and then others this humblebeginning is the reality in a better way. The programended with the proposition of vote of thanks by Mr H ARaghavendra, Associate Professor, Sambhram School ofManagement.

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For the audience, it turned out to be mindenriching and wonderful experience as they couldvisualize expanding horizons of IndianManagement and its future potential in thoughtleadership at the global level throughglobalization of Indian Management.

S A M B H R A M C E N T E R F O R I N D I A N

MANAGEMENT (SCIM), BENGALURU

VISION

To disseminate the idea of Indian Ethos inManagement and Indian Management Nationallyand International to give a new dimension toManagement Concepts and Principles in alldomains of Management and Leadership.

MISSION

To undertake Research and Consulting on theideas of Contemporary Indian Managementthought and propagate the same widely.

ACTION PLAN

� To encourage faculties to undertake researchand MDPs with respect to indigenous ideas inmanagement and leadership in all domains ofmanagement

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� To develop intellectual resources related to IndianManagement thought and to develop an exclusivesection in the Library dedicated to Indian Ethos andManagement with a view to facilitate high qualityresearch in this field

� To arrange lectures, seminars/ workshops,interactive discussions and intellectual exercisesand thus expose professionals from all walks of lifeto integrate Indian thought to achieve work lifebalance

� To Globalize Indian Management Thought throughInternational Dialogues and InternationalConferences in SAARC Nations and other Nations

[The Idea of SCIM originated from Faculty DevelopmentWorkshop conducted by ProfSubhash Sharma and oursubsequent dialogue with him]


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