Pravartan 2011, Institute of Management, Nirma University- Day 2

The second day of Pravartan 2011 – The HR-Conclave at the Institute of Management, Nirma University began with the guest speaker Mr. Mahesh Iyer, National Head – Talent acquisition at Financial Inclusion Network and Operations (FINO). He has been ranked among the top 10 panelists at the SFIMAR awards for the most innovative and idealistic HR professional for refocusing on the HR strategies and the OD in the year 2010. He talked about the change in human capital in the organizations, the elements of transformation and tools needed to change the human capital. He highlighted the changing role of human resource manager as a business manager and the challenges faced by them. He stressed on the need to have a modern, effective, credible and value driven Performance Measurement System to gain sustainability in human resource management.

The second session was addressed by Ms. Bahroze Kamdin, Director at Deloitte Haskin & Sells. She stressed that HR is an “Investment in man” which is done through education, training, work experience, migration and health. Ms. Kamdin discussed two path-breaking surveys conducted by Delloitte in the field, exploring the revolutionary and evolutionary trends experienced by the organizations. The trends like cloud-based HR solutions, diversity and inclusion, women in the workforce have emphasized the need of Chief Operating Officer for Human Resources and Chief Information Officer. 

 

Mehul Pandya, Senior Vice-President, CARE Ratings, addressed the third session presenting his views on transformation in an organization and organization culture. In the interactive session, he spoke about the three pillars of organizational transformation viz. initiation, resistance and adoption. He dispelled the myth that introducing change is easy. “"The day all members in an organization think of themselves as leaders, transformation is bound to follow", he said.

Mr. Abhay Joshi, AGM, Human Resource, Tata Motors addressed the valedictory session of the conclave and spoke on the theme- Building a Performance Culture- in a multi-national organization. An organization needs to build its Human Resource pool and continuously nurture talent through commitment and technology.  He talked about Talent Acquisition and Management and the need to maintain relationships with the employees. 

The session concluded with a vote of thanks by Dr.C.Gopalkrishnan, Director, Institute of Management, Nirma University and Prof. Sameer Pingle, Event Chairperson.

(Content Courtesy: Anu Shukla, Chintan Dharmani and Mahima Singhal)

Pravartan 2011, Institute of Management, Nirma University- Day 1

The ball was set rolling on Day 1 of Pravartan, 2011, the Human Resource Conclave organised by Institute of Management, Nirma University, by Jim Rose, Former Head of Human Resource, Johnson & Johnson, addressing the inaugural session. “Our first responsibility is towards our customers, the second is towards the employees, the third towards the society. If we do this well, as an organisation, we will deliver”, Mr. Rose said. Emphasising the need to change to accommodate diversity in the organisation, he talked about the hidden resistance in the employees to diversity and the measures which Johnson & Johnson took to overcome these. Johnson & Johnson got recognition all over the world and became one of the most preferred place to work in. “Our turnover rates reduced, productivity and promotion rates increased” Jim added. Jim Rose is also a member of Sawan Kirpal Ruhani Mission and he seamlessly integrated spirituality with the Human Resource concepts.

The next session was taken by Mr Babu Thomas, Head of Human Resource, GVK EMRI who spoke on how human resource function drives the performance of an organisation and about the importance of nurturing talent in an organisation committed to saving lives. As the HR head of a not-for-profit organisation he emphasized on values like empathy, modesty, reliability and integrity (EMRI). Further, he spoke about the culture of EMRI i.e., empowerment, continuous communication and delegation. In Gujarat every one hour a baby is born in the ambulance provided by EMRI and in every 40 minutes a life is saved by EMRI and its workforce. There is a strong HR leadership and strategy focus as reflected in the Sense – Reach – Care model (Trinity Model) employed by EMRI.

The speaker for the last session – Mr. Aniruddha Khekale, Director HR of Emerson Process Management emphasised on how to manage business excellence through effective implementation of human resource support across the organization. He also spoke on importance of HR Strategies, change management and how to maximize performance without compromise. He said that it is better to measure Human Capital in terms of individual and organisational capabilities.

(Content: Anuj Goenka, Akshu Thula & Mahima Singhal)

Pravartan 2011- The HR Conclave, Institute of Management, Nirma University

Human capital refers to the productive capabilities of people. Skills, experience & knowledge have economic value to organizations because they enable it to be productive & adaptive. This is why people constitute the organizations’ Human capital. With the ever changing global economy becoming more and more knowledge based, the importance of acquiring, training and retaining superior human capital is emphasized with every passing day; the objective being the sustenance of the firms in today's competitive scenario. As the function with primary responsibility for human capital management,HR needs to be involved from the beginning when major organizational change initiatives are being developed.

Scheduled on October 7 and 8, 2011, the theme of Pravartan’11 – the HR Conclave at IMNU is ‘Transforming Organizations through Human Capital’. The two day event will focus on each of the three major elements of Human Capital – Intellectual Capital, Social Capital and Emotional Capital

The prominent speakers that will be a part of the event are Mr Jim Rose,  former Head – HR  for Johnson & Johnson from the United States; Mr Mahesh Iyer, the National Head for Talent Management at FINO Ltd.; Ms.BehrozKamdin, Senior Director with Delloite Haskin & Sells; Mr Abhay Joshi, AGM-HR with TATA Motors; Mr Prem Singh, Senior VP, HR with Piramal Healthcare; Mr MehulPandya, Senior VP with Care Ratings; MrAniruddhaKhekhle, Director – HR with Emerson Process Management; Mr Babu Thomas, Head – HR with EMRI.

(Content Courtesy: Chintan Dharmani)

Prayaag 2011 – The Management Conclave, Institute of Management, Nirma University-Day 2

“If you want to learn, learn from the best”. Ravi Dixit, Vice President, Research and Strategic Planning with UTV, was referring to Google’s IPO letter for shareholders as an exemplary governance initiative of a corporation in digital space.

At Prayaag 2011, the annual Management Conclave of the Institute of Manegement, Nirma University, Ahmedabad, he talked about ‘Digital, Social Media and Corporate Governance’ and highlighted the ever increasing quantum of effect and hence, responsibilities of the digital media. 

Mihir Joshi, MD, Gujarat Venture Finance Limited talked about how corporate governance is involved at all stages of venture capital life cycle from raising capital to harvesting returns. He also highlighted how independent directors play an important role in today’s business environment. “Dilution of shareholders, insider trading and the undue advantage that the promoters have in Mergers & Acquisitions are some of the governance issues that plague the Indian economy”. To deal with such issues, he suggested making “Integrity, Ethics and Compliance a part of promotion, evaluation and compensation process as well". He added, “We (at GVFL) expect transparency and highest level of corporate governance from the businesses we seek to fund. Otherwise there is a high probability that we’ll lose our money.”

The final session of the conclave was conducted by Dr. Shreekant Sambrani, Founder Director, Institute of Rural Management, Anand, India. He has also headed his own management research and consultancy organization, Management Analytics Pvt Ltd and has served as a faculty at IIM-A. Drawing from the Amul success story, he emphasized the dictum of inclusive development. Referring to the sub-prime debacle, he said, “In 2008, young MBA’s like you were too taken by the tenet of profit-maximization and it being equal to maximization of shareholders' wealth.” His speech on the subject of corporate governance touched many issues and gave IMNU students a comprehensive view of governance.

The management conclave- Prayaag 2011- was concluded by a vote of thanks by the director of the institute, Dr. C. Gopalkrishnan. The 2-day conclave was an unprecedented learning experience for the students and its lessons will be a topic of discussion in the halls of IMNU for days to come.


(With inputs from Anuj Goenka)

Prayaag 2011 – The Management Conclave, Institute of Management, Nirma University

Ahmedabad- September 1, 2011- With reforms underway to eradicate corruption and governance deficit in the country’s government, it is the perfect time to question the very same in the corporate world too. The Management Conclave - Prayaag 2011- at Institute of Management, Nirma University will throw light on the very same issue.

Inauguration by Mr Rajesh Huddar

The event was inaugurated by the chief guest for the session, Mr Rajesh Huddar, Head –Information Security Practices, Mahindra SSG along with Prof. Dr C. Gopalkrishnan Director, IMNU, and Prof. Ashwini Awasthi.

Mr Huddar spoke on corporate governance from the Risk Management viewpoint. He categorized the risk in an organization as coming from three main spheres, the Physical assets, the Human assets and the Information Technology assets. He also emphasized the increased risk due to the exponential increases in use  of outsourcing social media and technology. He talked about the “Holistic” approach for corporate governance and concluded saying “One needs to set a baseline to get to the next level of governance.”

The next session was taken by Mr Sunil Jhaveri, Chairman – MSJ Capital and Corporate Services Pvt. Ltd. He is a Chartered Accountant with 26 years of experience in the financial markets. He gave the students an insight into how the financial industry functions with respect to Corporate Governance. He used audiovisual media to demonstrate the same. He strongly opined that ‘There are no shortcuts to making money’. Mr.Jhaveri said, ‘Do not treat your customers as mere numbers’, he stressed on the need of good service along with quality products.


The sessions were enriching for the students as they provided a corporate perspective about the topic. The students could link the academic knowledge with the actual practice and hence it broadened their horizons. The interactive sessions helped students clarify the nuances and provided clarity of thought which would be of utmost importance once they enter the corporate world.

Prayaag 2011 - Management Conclave, Institute of Management, Nirma University

With reforms underway to eradicate the corruption and governance deficit in the country’s government, it is the perfect time to question the very same in the corporate world. In the last few years, the country’s economy was hit as much by the scams in the business houses as by the ones in the government and thus it is imperative that we find a way to ensure good corporate governance. The Management Conclave -Prayaag 2011- at Institute of Management, Nirma University will explore the very same issue.

Scheduled on September 1 and 2, 2011, the theme of Prayaag 2011 is ‘Corporate Governance: Transparency to Transformation’. The two day event will ponder on the various issues related to governance like the auditor’s independence, corporate transparency and its effect on product market decisions and judicial activism.

The conclave also features various sub-themes like whistle blower policies, role of boards and independent directors, corporate governance in banks and financial institutions and evolution of corporate governance.

The prominent speakers that will be a part of the event are Rajesh Huddar, Head, Information Security Practice, Mahindra Special Services Group; Savan Godiawala, Director and Financial Advisor, Deloitte Touche Tohmatsu India Pvt. Ltd.; R. Bhaskaran, CEO, Indian Institute of Banking and Finance; Ravi Dixit, VP Strategic Planning & Network Research Head, UTV Broadcasting; Devang Nanavati, Advocate and TOI Lead India finalist; Mihir Joshi, MD, GVFL; Sreekant Sambrani, Chief Executive, Manan Management Analytics Pvt. Ltd.; Sunil Jhaveri, Chairman, MSJ Capital and Corporate Services Pvt. Ltd.

Content Courtesy: Mahima Singhal

PRAGAMAN’11, The Entrepreneurship Conclave at Institute of Management, Nirma University: Day 2

Entrepreneurship conclave, on its second day, continued enriching the audience with insights into entrepreneurship through its eminent group of speakers.

Kamal Surana and Dinesh Jain

The 4^th session was addressed by Mr. Sankalp Bajpai, AVP (Projects), GVFL. The session was chaired by Prof. Chugan.

Mr. Bajpai began by elaborating the role of a venture capitalist in pushing the dreams of an entrepreneur.  He also shared his knowledge on various external sources of finance, its different stages and investment. Mr. Bajpai mainly focused on Private equity financing and Angel Investors. 

He also shared the different views of famous venture capitalists like, George Doriot and many more. Mr. Bajpai also shared insights on what are the Dos and Don’ts of venture financing. 

He went on to explain the intricacies of venture capitalists funding and the decision making process. According to him, an ideal Venture Capitalist is the one who has good industry networking, knowledge in finance and core industry, and ability to multi-task, with more than one investment rounds. 

Mr. Bajpai also busted many myths that surround Venture Capitalist funding. He emphasized that the growth of a venture mainly depends on the passion and ability of the entrepreneur himself.  He ended the session by explaining to the future entrepreneurs how they can go about approaching and selecting their venture capitalists.
The 5^th session was graced by the presence of Mr. Dinesh Jain & Mr. Kamal Surana (Alumni Batch 2009).It was chaired by Prof. Satish Nair.

Mr.Dinesh Jain is working for his own Family business, that of Textile, by the name of Parshvanath Printex.  Mr. Jain talked about the various changes that he thought were needed in his business. Bringing in new ideas that are contradicting the old ones is never easy, but it is that thinking process that contributes to one’s learning.  He also spoke about the various strategic decisions that he had to make initially were great learning experiences.

Next to address the session was Mr. Kamal Surana. He started his own enterprise- SMS Idea, that mainly deals with sending out ‘bulk corporate messages’. He began by telling the audience about his business and how he came up with the idea. He wanted to start his own business instead of joining his own family business. Riding on the strengths of his innovative ideas, he started his own firm. He said that continuous improvement and learning is of utmost importance. 

With this another successful session of PRAGAMAN’11 concluded on a high note.

(Content Courtesy: Yash Pandya)

PRAGAMAN’11, The Entrepreneurship Conclave at Institute of Management, Nirma University: Day 1

The Entrepreneurship Conclave at Institute of Management, Nirma University was inaugurated on Thursday, August 25, 2011 at the hands of Mr. Mahendra Patel, President, GCCI. The event was chaired by Dr. C. Gopalakrishnan, Director, IMNU who delivered a fitting welcome address, emphasizing the need for nurturing, training and pushing today’s entrepreneurs. He also extended credit to the entrepreneurs as a whole, for giving a much needed push to the economy.

Mr. Mahendra Patel, President GCCI

After, the official inaugural of PRAGAMAN’11, Prof. Swarup Datta welcomed the dignitaries and all the guests present. Prof. Datta, explained the theme of the conclave, driving home the significance of Entrepreneurial attitudes towards self and others. Mr. Patel was then invited to address the session and begin the Entrepreneurship conclave.

Mr. Patel’s address to the audience was a study in the don’ts for an entrepreneur, including Lack of Punctuality, Selfishness, Lack of Clarity, Lack of Humility and Lack of Communication. At the end of the session Dr. Bindi Mehta delivered the Vote of Thanks.

The 2nd session for the day was delivered by Mr. S.S. Pillai, Manager Commercialization, NDBI, NID and chaired by Prof. Sari Matilla. Mr. Pillai spoke concisely about the relevance of business incubation and their efforts in the field aimed at promoting local entrepreneurship.