Sankalpa New - M . S . RAMAIAH INSTITUTE OF MANAGEMENT
Transcription
Sankalpa New - M . S . RAMAIAH INSTITUTE OF MANAGEMENT
A Biannual Publication of M. S. Ramaiah Institute of Management, Bangalore For Private Circulation Only January – June 2011 www w.msrim.in/www.msrmi.in Message From The Editorial Board Contents · Go Green Campaign · Events – A Collage · Recall 2011 As the New Year dawns giving rise to new hopes & aspirations, it is heartening to note that this issue of 'Sankalpa' lives upto its expectations with large number of contributions from the students. Lots of pictures convey the significance of events that have taken place. The Summer Internship Program came as breath of fresh air as the monotony of second semester ended. Out of the four walls of the classroom the students heaved a huge sigh of relief as they were at the threshold of long awaited corporate experience. · Alumni Speak · Inauguration : PGDM (Auto.) 2011-2013 · · Workshop By NHRD Faculty Paper Presentation & Publications · FDP, AICTE Visit, Felicitation · Internet Marketing · Mystery Behind Black · Ten Interesting Facts About MBA Ÿ Yet again another batch of students has left the portals of this great institution to join the corporate world. There is a bunch of wishes to all of them & we are sure that they will do us, their parents & institution proud. Our commitment to share best practices & experiences to the readers of 'Sankalpa' continues. We hope you will enjoy reading this edition as much as we enjoyed putting it together. sankalpa.editor@msrim.org CONGRATULATIONS BATCH 2009-2011! Companies that visited MSRIM / MSRMI Campus for recruitments between January and June, 2011 Summer Internship By Our Students MSRIM & MSRMI's TEAM GREEN Brings – 'Go Green’ You can make that change; you are one of the billion people. That's what inspired the students of MSR Management Institute who took initiative on 26th January 2011 and organized 'Go Green'. The event organized on the Republic Day was aimed to maintain sustainable environment by avoiding plastics & recycling wastes. Chief Guest of the event was Mr. K. C. Raghu, MD, Pristine Organics. A quiz was conducted by 'The Green Team' and they gifted a plant to the winners which was apt to the green concept. Later a volley ball match was held between the 2nd year & 1st year students. The seniors won the match. In the evening the 'The Green Team' & the students formed groups and went to different parts of the city to conduct the 'Green Campaign'. The objective was to bring awareness among the youngsters & the people about the degrading environment & non over use of non-biodegradable substances. Students prepared a questionnaire about various green movements & on Union Republic of India. Questions were asked to the crowd and the winners were awarded surprise gifts. Citizens of Bangalore shared valuable thoughts on how to revitalize the garden city. The event photographs & videos were later posted on different social networking sites. M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Events At MSRIM/MSRMI – A Collage M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Recall 2011 Recall - The Alumni Meet was organized by MSRIM on 12th February 2011 at Royal Orchid Resort, Yelahanka. There was an overwhelming response from the Alumni with more than 200 alumni present at the meet. The event was a grand success. It started with the keynote address with our the then Dean Dr. C S Thammiah addressing the students from MSRIM / MSRMI alumni asociation followed by the senior faculties Prof. V Narayanan, Prof. P u r n i m a R a m a s w a m y, P r o f . Muralidharan, Prof. Savitha Rani and Prof. Srikanthan addressing the crowd. instrumental performance. Just to keep all the alumni agile a spot game was organized where many alumni cast a spell with their energy levels. The program was hosted by the brother sister duo Abhilasha and Abhishek Thakur, students of MSRIM. Vote of thanks proposed by Akansha Mathur. The Alumini Meet which will be entrenched in student's mind for a long time ended with a gala dinner. The Alumni meet was successfully organized by Prof. Swarnika Dixt and Prof. Meghna Verma. Nostalgia was in the air when the cake was cut by the senior most alumni Mr. Tejas Mathews (1995-97 Batch). Old memories were refreshed when he spoke about his past experiences in the college. It was then the time for the students to showcase their talents on stage, the first being the group dance followed by a solo song by our students. One of the faculty members, Prof. Zawahir Siddique enthralled the audience by an M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Alumni speak Hareesh S. Pratyush Kumar Planner P&G ASEAN Starcom Communications Singapore Manager - Client Engagement GreyB Consulting Services (MBA-MKU Batch 2008-10) “I walked into MSRIM as a Young, Fun loving Boy and left as a Matured, Responsible and Happy Man." Thanks to all the faculty & staff members for their love, support and guidance. At MSRMI I met people who were stranger to me, but after 2 years they became mentor, support & best of F.R.I.E.N.D.S... I also loved being the in house DJ for MSRIM / MSRMI. Two memorable years with amazing knowledge banks (faculties) and great talents (my batch mates)....Out of my experience in the industry (Research & Consulting) would suggest that - don't be a jack of all trade but have mastery over at least one. During your time at MSRMI Identify your interest area, interact more with faculties and share your ideas with them and try to develop your interest into your strength which will help you move towards the right direction at a much better pace. Try to get the best out of these 2 years at MSRIM - "party hard & work harder". Its the best place for both. Thanks a lot MSRIM / MSRMI. I miss my College Days. PGDBM Batch 2006-08 MSRIM was a great learning platform which just catapulted me to the next level. The faculty were so experienced and competent, thus giving the students the best of class education. The state of the art facilities gave the students the right environment to become future managers. Two years in MSRIM would be one of the most cherished times in my life. The time just flew and by the last day we just did not want to go from there. Media planning is one of the specialized arms of marketing communication. Putting in simple words the job of a media planner is to optimize the client’s advertising spends. This includes medium selection, vehicle selection and buying the media etc. Thus a clear strategy has to envelop all the actions taken by a media planner. The building blocks for my career have clearly come from the marketing fundaments which I learnt sitting in the last bench of Ramanujam Hall. It's the well wishes from the entire faculty that has helped me in achieving little success in my life. M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Inauguration of PGDM (Auto.) 2011-2013 on 27th June 2011 “The journey of a mile starts with a single right step”. In my case, this right step was the decision to participate in the selection-process of MSRIM Management Course. This desire and aspiration resulted in an offer of selection and finally admission into the course. Being a novice, on the very morning of the Orientation-Program, I came with lots of thoughts and expectations. The moment, the lamp was lit by our ChiefGuest, Dr. Pallab Bandhopadhayay (Director - HR, Citrix Systems, India), it was like an enlightenment for me and other students. Then after, a highly enlightening session by the Chief Guest ,we had an opportunity to visit our concerned departments, buildings and faculties which were going to be the most sought after destination for learning and skills – enhancement for the next 2 years. An orientation given by Dr. Sandhya Anvekar, Head - Research & Publications, and Dr. Asim Bandhopadhyay made us to understand RAJESH KUMAR SINGH, PGDM (Auto.) – 1st Year the M S Ramaiah group of institutions, its legacy and operations. After satisfying our taste-buds with a delicious lunch, it was the time to know and meet our mentors and seniors. Subsequent sessions were delivered by the chieftrainer, motivator, Mr.Ramkumarr Seshu of Born-to-win from Bangalore. Subsequent days we all had an opportunity to get trained under renowned trainer and mentor, Mrs. Linda of Break-Through, Bangalore. This was the day of fun, play and attitude building. Bangalore was incomplete without a group-trip to Bangalore-City. On our trip to Bangalore-City, ISKCON-Temple was very enthralling. Next halt on our trip, welcomed us at Bannerghatta Zoo and Safari, followed by Tipu-Sultan-Fort and Karnataka High-Court views. The seven days of our OrientationProgramme are going to be a treasure for the rest of my life. M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Workshop By NHRD TRIADS is an event conceptualized and conducted by NHRD's Bangalore Chapter so as to provide centrality to the academic projects carried out by students of Human Resources in Bangalore. A total of 7 corporates participated in the event. They were TITAN, ASTRA ZENECA, GE, PATNI COMPUTERS, AZIM PREMJI F O U N D AT I O N , I N T E RW E AV E CONSULTANTS, LOGICA. Around eight B-Schools of Bangalore were shortlisted by TRIADS to participate in the Live Project. There were three teams which participated from MSRIM, and the academic guides were Prof. H. Muralidharan, Prof. Uma Balakumar and Prof. V. Padmaja. The students of all the three teams were required to interact regularly with the corporate mentor for coordinating regarding the Live Project. They also had to go to submit the project plan and for giving the presentation. In the final round held on 27th January, 2011 at Hotel Chancery Pavilion, Bangalore, only one team, (comprising of Rahul Dalvi, Debolina Panja and Aparajita Verma, Academic GuideProf. V. Padmaja) from MSRIM could make it for the final presentation. The basis of selection for the final round wasAuthenticity of the research, originality of the report and recommendations made. The Live Project for this team was titled “CHANGE MANAGEMENT- A JOURNEY”, and the company given to the team was ASTRA ZENECA. Since this team was one of the finalists out of 21 teams, they won a cash prize of Rs. 7500/- from NHRD. The 3 teams comprised of the following students: Team 1 - Rahul Dalvi, Debolina Panja and Aparajita Verma. Team 2 - Mukund Jha, Dhanapati Noorem and Damini Sinha. Team 3 - Papia Das, Preeti Manjari and Natasha. M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Faculty Paper Presentation & Publications Dr. Sandhya Anvekar Ÿ Attended Management Development Program on 'Advances in Marketing' conducted by RVIM, Bangalore on 25th March, 2011. Ÿ Published a paper on 'Emotional Support and Work-Life Balance: A study of Married Women Employees' M.S. Ramaiah Management Review, Vol.III, Issue 1, Jan.-June 2011. ISSN: 0975-7988. Prof. Swati Basu Ghosh Presented a paper on Services Sector at the Grassroots Level: Challenges and Opportunities for the Indian Economy National Conference on Challenges and Opportunities in Services Sector, MSRIT, MBA Department 20-21 April 2011. Ÿ Published a paper on 'Challenges and Interventions of Work-Life Balance (WLB): A Case Study of Married Women Employees (MWE) in Bangalore City' in MAIMT - Journal of IT & Management, April, 2011 ISSN: 0974-066X. Ÿ Conducted a workshop on “ Interpersonal Communication Skills for Managers”, at ISRO Head Office, April 2011 Prof. Meghna Verma Ÿ Presented a paper in Seminar on "Appreciative Inquiry and Social Capital: Power of women in Community Based Organizations", NGO Management Institute, Switzerland, May 2011. Prof. Anita Singh Ÿ Attended Management Development Program on 'Advances in Marketing' conducted by RVIM,Bangalore on 25th March, 2011. Ÿ Published an article on 'Emotional Support and Work-Life Balance: A study of Married Women Employees' M.S. Ramaiah Management Review, Vol.III, Issue 1, Jan.-June 2011. ISSN: 0975-7988. Prof. Amrita MA Ÿ Published 'CEO Interview : Himalaya Drug Company', M.S.Ramaiah Management Review, Vol.III, Issue 1, Jan.-June 2011. ISSN: 0975-7988. M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Faculty Development Program SPSS Workshop AICTE VISIT Ÿ Workshop was conducted for the faculties in Statistical Package for Social Science on 16th Feb 2011 by Mr. Pratap. The workshop highlighted the operational use of the package. EBSCO Ÿ Workshop on EBSCO was organized on 4th May 2011 by Mr. Roby Mathew. The workshop helped faculties to explore huge research database. Capitaline Ÿ Workshop on capitaline was organized on 4th May 2011 by Mr. Gurunath. The workshop highlighted the access and use of financial information of Companies. Writing Research Paper for Publication Ÿ A workshop was conducted on 11th May 2011 for writing of research papers for publication by Dr.Ashwini Kumar. Faculties were enlightened on various aspects of research writing. Felicitation Ÿ Ÿ We congratulate Prof. Shantanu Shekhar for being awarded the degree of Doctor of Philosophy in Management Studies for his thesis “Emerging Trends of Service Sector In India With Special Reference To BPO Sector”. We also congratulate Mr. Janardan Rao A N, Chief-Librarian MSRIM/MSRMI , for obtaining degree of Doctor of Philosophy for his thesis “Developing Online Portal For Management Discipline”. Team of AICTE members visited M S Ramaiah Management Institutes on 23rd June 2011, to carry regular inspection. We welcome our new faculty members to MSR Family: Ÿ Dr. G. P. Sudhakar Ÿ Dr. Shantanu Shekhar Ÿ Dr. Triveni P. Ÿ Dr.Kiran Kumar Ÿ Prof. Kumuda P R Ÿ Prof. Amrita M A M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Mystery Behind Black Vidisha Pandey, Shweta Mishra, PGDM (Auto.) 1st Year Black Money is currently a highlighted issue because of the indefinite hunger strike of yoga guru Baba Ramdev against corruption in black money after the government failed in its last ditch effort to talk him out of the protest. Black Money is income earned surreptitiously or illegally,usually in cash ,and not reported to the government so as to avoid paying taxes on it. Sources revealed that $1.4 trillion India's black money is deposited in the Swiss Bank. According to data provided by Swiss Bank, India has more black money than rest of the world combined. India tops the list with almost $1500 billion black money in Swiss Bank followed by Russia,U.K.,Ukraine,etc........ In May this year, the government constituted a committee headed by the CBDT Chairman for strenghthening Legislation to curb the generation of black money. In March this year, the government had signed agreements with 3 leading think-tanks NCAER, NIFM and NIPFP to conduct study on unaccounted income generated inside and outside the country. During the interaction with the group of print media journalists, the P.M. said"BLACK MONEY WAS A REALITY EVEN AS HE DOUBTED THE SIZE OF THE BLACK MONEY BEING QUOTED". Various measures should be taken to curb black money such as methods to prevent generation of black money should be worked out. Secondly, the black money that is kept overseas should be brought back. Lokayukta Justice Santosh N Hedge said "if we can bring back black money stacked in tax havens abroad and put them in a bank in lieu of interest, we can have budgets without fresh taxes ". If black money is obtained from Swiss Bank it can boost both aggregate demand and aggregate supply. Money obtained from Swiss Bank's thus would appear to be a sound source of financing development expenditure. M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 INTERNET MARKETING Karan Rai, PRIST – 2nd Year Marketing a single brand is a big challenge in a country as diverse as India with various religions and cultures, and where about 1600 dialects are spoken. Marketers must constantly customize products to stay in business. For example, yahoo Inc. sensed a great demand for news in Hindi and tied up with the Jagran group for content. In less than a year, Hindi news was getting more hits than English news. As a result, yahoo was able to increase the number of user than any of its competitors like “Google”. There is no doubt that internet is the easiest and the fastest mode of communication which spreads the word of mouth marketing and the cheapest platform for advertisement of brand than promoting the brand through commercial advertising, print media, and banner ads etc. Facebook, Twitter, myspace and linkedIn are the social media network and blogger sites are Blogger, Wordpress and Typepad which strengthen the E-Commerce activities like Business to Customer (B2C) ,Business to Government(B2G) and Business to Business (B2B). However, each of the different internet network media has different role and approach. E.g, Facebook optimized the number of user to like a particular brand with its unique service “Like Button” available in all the facebook pages which will reflect the brand equity of the company's image and on the other hand, LinkedIn's unique quality services had helped a lot of M.N.Cs like Hewlett Packard (Hp) for recommendation ads from professional to professional, making of company's page and mostly known for its in- mail service (viral marketing) and Philips had also increased a number of users and customers for its innovative healthcare, lifestyle and lighting through Question(Polls) and Custom Group in linkedIn. Video Marketing is one of the most significant forms of Internet Marketing and it is said by experts, “video marketing will be the most influential form of marketing Technique by conventional method behind. But now days due to aggressive push in the competition it is advisable to start adapting new methodology and tools for internet marketing. Some video Syndication Sites are Youtube, Yahoo Video, Google video, Atom, Veoh and Viemo etc.The scope of online marketing can be divided into two major parts: (a) Search engine optimization (SEO): It is the process of improving the visibility of a website or a web page in search engines via the "natural" or un-paid ("organic" or "algorithmic") search results. In other words, it is helpful for listing the company's website in an ordinal fashion (RANKING ORDER). In India the SEO business is up coming and majorly influencing the company's involvement in E-Commerce and major players are Goggle Search engine and Yahoo search engine. (b) Social Media Optimizations (SMO): It considers an integral part of an online reputation management (ORM) or Search Engine Reputation Management (SERM) strategy for organizations or individuals who care about their online presence. However, in India it is a very new technique and the roots are not strong enough to hold the SMO Empire but in the span of last one year, the companies are involving in social media activities and thus, optimistic result has been achieved. As India is still in its developing phase but on the other side of the road the level of investment is also comparatively increasing in different phases of economic cycle from the new Indian entrepreneur's side because continuous innovation and transformation has been the key goal for them. India's growth on the internet space has been very good, however relative to countries. M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Interesting Facts About MBA Sourabh Prabhakar, PGDM 1st Yr * The Costliest MBA program is Harvard Business School reported to be $78200 for two year. * Every year B-schools worldwide increase their tuition fees by 4 to 7%. * Costliest faculty members of top B-school worldwide teach very less, as 90% of their time is spent on research. * ROI from an MBA degree is good as B-school provides skills which pay off handsomely in long term career.MBA salary heavily depends on B-school reputation. * IIM BANGALORE'S one year full time executive post graduate program in management (EPGP) is the costliest management program in India. Research Journal M S Ramaiah Management Review (ISSN 0975-7988) a biannual research journal of MSRIM invites research articles for its next issue. Kindly send you articles to: Editor.managementreview@msrim.org, head.research@msrim.org Editorial Board Chief Editor : Dr. Sandhya Anvekar Dean I/C : Prof. V Narayanan Sitting From Left to Right : Prof. Amrita M, Prof. V Narayanan, Dr. Sandhya Anvekar, Prof. Swarnika Dixit Standing From Left to Right : Sai Kiran Yedida, Aniruddh Tiwari, Karan Rai M S Ramaiah Institute of Management Mail: sankalpa.editor@msrim.org Ph:‐ 080‐23608769/6909/8230, Fax 080‐23601974 Faculty Editor : Prof. Swarnika Dixit, Prof. Amrita M Newsletter Design : Aniruddh Tiwari