Jan - May 2011 - S.P. Jain Institute of Management and Research

SplashCreating RipplesSPJIMR Academic Conclave (SAC)January 13, 2011SPJIMR has persistently built on its unique strengths of imparting high quality management education by emphasizingon twin objectives - Influencing Practice & Promoting Value Based Growth. SPJIMR Academic Conclave facilitatesunderstanding of strengths and challenges of business through seminars, symposiums and discussions on current &relevant issues.Operations ConclaveThe SPJIMR Academic Conclave (SAC) – 2011 waslaunched with the Operations Conclave. For decades,Green Supply chain (GrSC) has been one of theburning topics, discussed at various global forums. Toaddress this issue, the theme of the OperationsConclave was chosen as “Green Supply Chain: A CostBenefit or a Cost Burden”.The Operations specialization participants set the toneof symposium with a presentation on Green SupplyChain – Evolution and Future. Dr. Umesh Bahadur,HOD – Ops Dept, delivered an introductory address,emphasizing the field-practices and scope of the topicfor symposium.In his keynote speech, Mr. B. K. Dutta - ED, BPCLemphasized the need for maintaining a sustainablegrowth model and the importance of taking a triplebottom line approach towards environment, societyand the economy.January 13, 2011The panelists for discussion included Mr. D B Raju -ExVP, L&T; Mr. A C Sharma - Head CorporateSustainability, L&T; who in their presentations dweltupon growing shift in the GrSC from being traditionalcost reduction to a value creation initiative and L&Tinitiative in Green House Gas Emissions Inventory andcarbon footprint mapping which had resulted in thereduction of the company's Carbon Footprint. Mr LalitBhagat, Ford Motor spoke about the best GrScpractices in the automotive sector and how they areapplied in the spheres of logistics, packaging &manufacturing.Dr K Ganesh - IBM India, dealt with new initiatives likeGreen design, Green Sourcing, Low Carbon FootprintTransport and Reverse Logistics. He explained howcompanies achieved a balance between economicand environmental benefits.3 SPJIMRnews

SplashCreating RipplesConsulting ConclaveThe Consulting Conclave organized by the ConsultingCommittee of SPJIMR under the guidance of Prof. PremChandrani delved into the theme Seeking CompetitiveAdvantage through Mergers & Acquisitions. Thetheme explored if companies in the developedmarkets would seek new opportunities in emergingeconomies through acquisitions or significantoutbound acquisitions from developing economiestaking advantage of the current low valuations. It alsoconsidered the possibility of a new paradigm in theM&A space given that many acquisitions in the pastwere either too expensive or otherwise unsuccessful.The event started with the keynote address by Dr.Dezso J. Horvath - Dean and Tanna H. Schulich Chairin Strategic Management at the Schulich School ofBusiness, York University. He illustrated the challengesand opportunities present in today's global marketplace tracing the global GDP, imports and exportstrends from Second World War till the present. He alsoanalyzed in depth the FDI inflows and outflows.January 13, 2011The keynote address was followed by the engagingpanel discussion which included. Mr. Atul Khosla -Partner, Head of India, Oliver Wyman; GirishShirodkar - Director, Strategic Decisions Group;Harish H. V. - Partner and Member India LeadershipTeam, Grant Thronton; Parag Saigaonkar - RegionalManaging Director, Deloitte Consulting India; ProfPrem Chandrani - Professor of Business Strategy,SPJIMR; Rambhushan Kanumuri - Director and Headof M&A, Barclays Capital and V. S. Parthasarathy -Group CIO, Executive Vice President - Finance andM&A & Member of Group Executive Board, Mahindraand Mahindra. The discussion was moderated byMr. Krishna Gopalan - Senior Editor, Fortune India.At the onset, each of our panellists shared theiropinions for 5 to 7 minutes which was followed by anopen discussion for an hour including an interactiveQ&A session with the audience.4 SPJIMRnews

SplashCreating RipplesFinance ConclaveSAC Finance Conclave 2011 was attended bymanagement students, corporate delegates andfaculty. This year's theme was “India on the OutboundInvestment Bus: Frameworks for Financing andStructuring International M&As”.The keynote speaker Mr. Hemant Mishr - Head ofGlobal Markets, South Asia & Co-Head of WholesaleBanking, Standard Chartered talked about theemerging macroeconomic perspectives and theirimpact on M&A. He discussed the strategic driversleading Asian companies to go in for global M&A andthe risk management required in any M&A deal.Following the keynote address was an interactivepanel discussion on the same theme. The eminentpanellists included Mr. V S Parthasarthy - Group CIO &Executive VP – Finance and M&A & Member, GroupExecutive Board - Mahindra & Mahindra; Mr. RichardRekhy - Head of Advisory, KPMG India; Mr. N. K.Mishra - VP and Group Head M&As, Tata Steel; Mr.Girish Kulai - Sr. VP of Strategy & CorporateDevelopment, Reliance Globalcomm; Mr. DineshTiwari - MD, Multiples Alternate Asset Managementand Prof. Parimal Merchant, Director - FMB, SPJIMR.January 14, 2011The discussion was moderated by Mr. George Koshy -Special Correspondent, Bloomberg-UTV.The panel discussion brought forward many diverseviews on M&A. Interesting insights about their ownexperiences were shared by the panelists. While Mr.Rekhy spoke about the various issues from theconsultant's perspective, Mr. Kulai and Mr.Parthasarthy spoke from the industry perspective andemphasised on synergies and integration issues. Thefocus though was on the all important cash flows andtheir sustenance being the crux of any M&A deal.Mr. Dinesh Tiwari raised a question of whether theIndian entrepreneurs were becoming overconfident inacquiring foreign companies bigger than themselvesor were these decisions a good strategy. Prof. ParimalMerchant spoke about the huge opportunity for M&Asin the SME sector which was not receiving the attentionit deserves and also cited the example of Bharat ForgeLtd as a case study of an SME turning into an MNC viaM&As.5 SPJIMRnews

SplashCreating RipplesSPJIMR Marketing Effectiveness Conclave (SMIA) - 2011January 15, 2011SMIA is a unique event at SPJIMR which felicitate thosecorporate houses that have solved a business problemor en-cashed a market opportunity with marketinginitiatives and strategies and have made a sustainableimpact on their business top-line or the bottom line.In its 7th year now, SMIA is a well- recognized eventamong corporate circles. This year there were 45entries from organizations across various sectors. Outof these 23 initiatives moved up to semi-finals. Thesewere evaluated by jury panel over 2 rounds to arrive atthe Top 4 finalists. The finalists for SMIA 2011were:GVK (Mumbai Airport), Tata steel, Maruti Suzuki andVolkswagen. On January 15 they battled it out for thetop position facing an imposing jury.The jury panel consisted of Prof. Nirmalya Kumar,Professor- Marketing, London Business School andauthor of acclaimed books- Marketing as Strategy,Private Label Strategy etc.; Mr. Partha Rakshit - Ex-Managing Director, AC Nielson company-South Asia;Mr. Rajaram Narayanan - Vice President, HUL; Mr.Madhukar Sabnavis - Country Head, Discovery andPlanning, Ogilvy and Mather India and Prof. M.S. Rao- Professor of Marketing at SPJIMR.Dr. Ashita A. Sharma inaugurated the event withwelcome address and briefly described the SMIAlegacy followed by presentations. GVK showcased itstravel retail strategy for new terminal 1C at ChatrapatiShivaji Terminal, Mumbai. Tata Steel presented its twobrands TATA STructura and Galvano and how theyhave shaped the Indian Steel Market. Maruti Suzukispoke about segmentation for Alto which emerged asthe ‘Game Changer’. Volkswagen presented how theydesigned communication strategy for launch in India.In his key note address Prof. Nirmalya Kumar talked onissues of 'Making Marketing Accountable' andexplored new dimensions for measuring marketingeffectiveness. The audience participated in amarketing quiz conducted by an alumnus SidharthNatrajan which was followed by an enriching paneldiscussion, led by Prof. M. S. Rao, around the theme“Measuring Marketing Effectiveness'.The winners for SMIA 2011 were Maruti Suzuki team.They won Rs. 1 lakh cash prize the coveted SMIA trophyfor their Alto case study. Tata steel team finished secondand won Rs. 75,000. Prof. Renuka Kamath closedanother year of SMIA with an acknowledging vote ofthanks.7SPJIMRnews

SplashCreating RipplesHR ConclaveBusiness houses and business schools are both doingtheir bit to build leaders, who are sensitive to businessand societal problems. The positive effects of businessschool programs are evident through the lives of manysuccessful entrepreneurs and firms. Firms are showinggrowing commitment to social goals that extendbeyond financial interests. The 'Human ResourcesConclave' held at SPJIMR discussed the issue ofManaging Human Assets in the Changing BusinessEnvironment - Implications for Industry andManagement Education.The event started with the keynote address by Ms.Kavita Khushalani - General Manager, HCLTechnologies who spoke on Vineet Nayar's book'Employees first, Customers Second: turningconventional management upside down' anddiscussed policy initiatives undertaken by HCL toimplement the philosophy. Other speakers for theevent were Mr. Aniruddha Limaye - Director, GreatPlaces to Work Institute, India; Ms. Sujata Deshmukh -Director, People & Change Practice, PWC; Dr. AnitaBandopadhyay - Vice President, Learning &January 15, 2011Development, Piramal Group; Mr. Naresh Mehta -Business Head-Retail Operations-Franchisee-Raymond; Mr. Unmesh Pawar - Senior Vice President,HR, Accenture and Mr. Sanjay Muthal - ManagingDirector, Nugrid Consulting. Dr. Keith C D'Souza,Professor, People and Performance area, SPJIMRmoderated the panel discussion.The key note address was followed by rich insightsfrom all the speakers on the increasing challenges ofrecruiting, retaining and building committedemployees with appropriate skills and attitudes. Thespeakers also shared research conducted by theirorganizations on how organizations are creating highengagement work environment to build highperformance work cultures. During the paneldiscussion, speakers highlighted the need foracademia and industry collaboration to integrate theirefforts and create competencies that are relevant fortoday.8 SPJIMRnews

SplashCreating RipplesThe First batch of PGCIM goes to ESB, Reutlingen after completing 8 months at SPJIMRApril, 2011Continuing to demonstrate the success of PGCIM (PostGraduate Certificate in International Management),23 SPJIMR students reached ESB Business School,Reutlingen University, Germany early this March. Thestudents are a part of the European Union backedPGCIM and MBA in International Managementawarded jointly by SPJIMR and ESB Business School.Inaugurating the event...The students had initially spent two terms in SPJIMRcampus where they were given the foundations ofmanagement learning. They also helped organise anInternational conference on 'Implications of Indo-European Union Free Trade Agreement' conductedjointly by SPJIMR and ESB Business School inNovember 2010. The conference was attended bydignitaries from various national and internationalbodies including the Indian Planning Commission,Indo – German Chamber of Commerce(IGCC), andeminent corporate like BASF, Daimler, Fiat etc. All 23cleared the official German language test conductedby the Goethe Institute before flying to Europe.They are now part of international student communitypursuing their Master's thesis across areas withcompanies in Europe. They are in the process ofabsorbing intricate details involved in internationaldealings with the help of extensive interactions withtheir peers in classroom. In April 2010, they had theopportunity to be a part of the International BusinessFair organised by ESB Business School, an eventwhere they could closely interact with variouscorporate partners of ESB Business School like Adidas,Bayer, Robert Bosch, Google, Facebook, KPMG, BCG,Siemens, P&G, Barclays etc. Students also organized acultural evening on India, showcasing the diversity andheritage through videos, classical dance and musicalperformance, topped with some delicious Indiancuisine.These 23 students willgraduate in August2011 and are currentlyworking towards theirplacements ininternational firms withroles matching theiraspirations and workexperiences.Performances by IndianStudentsPGCIM participants at ESB, GermanyThe PGCIM participantsCelebrating the ‘India Day’9 SPJIMRnews

SplashCreating RipplesALUMNI MEETSPune MeetApril 23, 2011The Pune Alumni Meet was held at Taj Blue DiamondHotel on April 23rd, this year. About 45 attended out ofwhich 23 were Alumni from PGDM, PGPM, PGDSM-MIT, PGEMP and FMB. Prof Abbasali Gabula and ProfAditi Divatia were present at the meet.The Meet started with an interesting Ice Breakeractivity, which was planned to bring together alumnusfrom different batches and different companiesBangalore MeetFebruary 26, 2011The Bangalore Alumni Meet held at Taj Gateway Hotelsaw about 100 attendees out of which 66 were Alumnifrom PGDM, PGDSM-MIT and PGEMP.Prof. Aditi Devatia and Prof. Latha Naair with alumniAlumni group at Pune with SPJIMR profs.together. This was well received and enabledinteraction among a larger and more diverse group.Prof Aditi Divatia made a presentation about thestructure that is taking shape for the Alumni – Instituterelations, followed by a healthy and enrichingdiscussion on the “way ahead” for the alumni-instituterelations.Many of our alumni, Mr. Vivek Damle (MMS 1985), Mr.Vivek Sahasrabuddhey (EMP- B3), Mr. Ranjit Gugle(FMB-8) & Mr. Advait Kurlekar (PGDM 1993) cameforward to share their experiences and their journeyafter SPJIMR. This was followed by a sumptuous dinnerin an extremely well arranged hall.Prof Aditi Divatia, Faculty in charge of Alumni Relationsalong with our alumnus Mr Haresh Amre, (MMS1994), currently in Infosys, took the discussion onalumni - institute relations forward with inputs fromalumni present during the meet.There were several enthusiastic alumni from allbatches ranging from 1983 to the most recent batcheswho volunteered to manage the alumni activities atBangalore.The meet ended with a humorous and engaging notefrom Mr Jawahar Beekay and Mr Lovaii Navlakhi.They are from the batch of 1983, the first batch to passout of SPJIMR.The faculty present at the meet were Prof AbbasaliGabula, Prof Bindu Kulkarni, Prof Latha Nair, DrMayank Joshipura, Prof Vanita Bhoola, Dr UmaNarain, Prof Sajeev George, Prof Nilanjan, Prof Soodand Prof Aditi Divatia.Prof. Abbasali Gabula in discussions with alumniThe alumni group at Banglore10 SPJIMRnews

SplashCreating RipplesProspective PGDM students experience the Immersion Program15-18 March, 2011SPJIMR initiated the Immersion Program for theprospective students to have SPJIMR experience andmake informed decision. 650 students on theinstitute's final admission list were invited to a daylonginteraction program on campus to give them aninsight into the institutional philosophy, the programsand its perspective to management education.The program started with a formal inauguration andDirector's address. Participants were given the feel ofthe institute with a help of a video detailing the life andactivities @SPJIMR. This was followed by Dean's Q& Asession.To make candidates comfortable and give themstudent's view; buddy mapping was planned, whereineach prospective student was tagged with two currentSPJIMR students. The prospective students were giventhe campus tour and hence an opportunity to assessthe facilities at SPJIMR. They interacted with facultymembers in small groups and were also given detailson placements and program pedagogy. The dayended by playing a management game and a culturalprogram by current students.Prof. Parimal Merchant, Director FMB Program and thedriving force behind this initiative said “that manytimes people make decisions based on hearsay andhence we at SPJIMR wanted to show students as towhat the SPJIMR experience is all about. The realdividend of the entire program will be when we helpstudents make the right choice, be it by joining us orany other institute”.The program was very well received by prospectivestudents and their enthusiasm to join SPJIMR wasclearly visible at the end of the day.“I had no idea that the institute laid so muchemphasis on values. This is something that Ilearnt from my interactions here. This is avery refreshing way of being introduced to aninstitute. No other college invests so muchtime in their prospective candidates”-Gunit Ahluwalia,a prospective student from Delhi.11 SPJIMRnews

EquinoxMeeting of MindsJanuary 16, 2011Ms Niyazee, P & G interacts with participantsMs. Balaka Niyazee, an SPJIMR alumnus working withProcter & Gamble as an Associate Director, interactedwith PGP students on the 'Future of Modern Retail inIndia'. The discussion started with an introduction ofIndia-a hub of unorganized retail dominated by wetmarkets and kiranas, which are still a majorcontributor to the topline for many strong brands fromP&G and HUL. She explained as to how organizedretail in India started with the adventof hypermarkets, supermarkets, convenience/departmental stores and cash & carry stores. Therobust growth story of modern retail was reiteratedthrough its strong CAGR of 43 per cent compared to12 per cent for total retail, although modern retailpenetration in India is only about 10 per cent. Shetalked at length about the 'modern retail shopper' whois constantly on the lookout forvalue for money, more choicesand basically everything underone roof. In her opinion, someof the possible avenues forgrowth at a store are attracting more shoppers byspreading awareness, buying more often by means ofloyalty programmes or increasing the basket size perconsumer.Ms. Niyazee also brought in focus the challengesfaced by modern retail such as governmentregulations on FDI, infrastructure issues, talent crunchand appropriate store formats. She highlighted thatalthough the future of modern retail is quite bright,'general trade stores' and 'high frequency stores' areexpected to continue dominating the retail industry inthe near future.Economic Forum EventsMarch 5-9, 2011The recently held Panel Discussions on the 'Analysis ofthe Union Budget' by The Economic Forum wastelecast on Bloomberg, UTV on the weekend of March5-6. The eminent panelists included: Dr BrindaJagirdar - Chief Economist, SBI; Mr Amit Dalal - HeadTATA Investments; Dr Ashima Goyal - Professor ofEconomics, IGIDR; Mr Ravi Mahajan - Partner, E&Y; MrRamasubramanian Kuppusubramanian - Faculty,SPJIMR & Ex GM, Forex Dept, RBI. The discussion wasmoderated by Ms Aparna Mehta from Bloomberg,UTV.Challenges of Monetary Policy:Economic Forum 2010-11 presented a talk on'Challenges of the Monetary Policy' on 9 March atSPJIMR Auditorium. The speaker for the event wasnone other than Mr Sitikantha Pattanaik, Director,Division of Money and Banking, Reserve Bank of India.FMB Seminar of Niranjan Hiranandani &Dilip PiramalA Family Managed Business (FMB) is really more thana simple business involving all kinds of family issues.To address family issues in FMB and open them fordiscussions, seminars are organized by Centre forFamily Managed Business. One such seminar that wasorganized by four students of FMB 13 (Sept) batch. Thespeakers were Mr. Niranjan Hiranandani, owner ofHiranandani Group & Mr. Dilip Piramal owner of VIPIndustries. The session was moderated by Prof. ParimalMerchant, Director FMB.Some of the key learnings from the seminar were:1. Family should support the new generation to setuptheir own businesses and enterprises.The audience at FMB seminarJanuary 26, 20112. Alongwith the rules of business, outlook of theyoungsters have changed. They are more extrovert,challenging and risk takers.3. Family businesses should not be afraid to hireprofessionals, who are more enterprising.4. India is a fast growing economy and the youngstersshould seek business opportunity in this country.The two-hour interaction ended with Prof. Parimalsummarizing the learnings with an insight into hisexperience of other family businesses.Prof. Merchant, Mr. Hiranandani and Mr. Piramal at the seminar12 SPJIMRnews

Equinox Meeting Of MindsJanuary 27, 2011Eminent speakers share their thoughts withPGEMP Batch 30 and 31Being a General Manager may sound glamorous. Inreality, it is not. Besides application of one’sknowledge, it needs you to take personal risks andrisks for the organization. As you grow in theorganization, your role becomes more demanding.You may need to do thingsyou don't like doing or othersdon't like doing. However,they need to be done for theorganization. Having taken adecision is the most importantpart of a personal orprofessional situation. Beforetaking a decision you need tofactor in all that is significantfor the decision. A good startMr. Mohan Madiman -VP, Corporate HR, L&Taddress PGEMP batch 30We need to adopt a reflectiveapproach to managing ourlife and contributionto organization. Anorganization's competencyor capability is the sum totalof skills, knowledge andattitude. Skills andknowledge are easyto influence. However,influencing attitude is themost challenging. Whatdifferentiates organizationsis the ‘Attitude’. In ourendeavor to transform amanager to a leader, wegoes a long way in ensuringthat the desired end resultwould be achieved.Mr. P P Sukumaran - ChiefPeople's Officer andMember of the Board,Gammon India sharinghis thoughts with batch 30need to reflect how we can contribute to changing theattitude of an organization.Lock, Stock & Trade 2011Lock, Stock and Trade, or LST combines businessventures, business plans, investors and MBA studentteams in a one-of-its-kind entrepreneurshipevangelising event. The ventures and plans are real,the investors are mock and student audienceparticipating in the IPO simulation game.15 teams from B-Schools led by the entrepreneurpresented their growth plans, seeking investment.For SPJIMR students, LST is the capstone exercise of thecross-functional elective, Managing New BusinessInitiative. In this project-based course, student teamsidentify growth stage entrepreneurs to intern in theirventures and prepare the Growth Plan for the venturewith the entrepreneur.LST was conceived by SPJIMR's student team jointlywith NEN (National Entrepreneurship Network) in year2005. The event is open to B Schools. Entrecomorganises LST in partnership with NEN.Sarath Babu the "slum boy" MBA-turned-entrepreneur,was the keynote speaker at LST 2011.LST 2011February, 2011Ms. Priya Giri,GM, HR, Tata Motorsspeaking to batch 31Participants were advised togo beyond the rigors of theclassroom and look atreflective application ofconcepts. They wereappealed to think howdecisions already madewould have been takendifferently; develop anappreciation of areas otherthan own functional areaand come out of silos indecision making.With experience, comesclarity of thought, ability to absorb and the courage tochallenge.13 SPJIMRnews

RainbowColours of InnovationLearning by Doing : Science Workshop at National School, VirarJanuary 23, 2011Educational Science Workshop:Science principles taught through toy-making andexperiments can be fun. Abhyudaya Sitaras weretaken for an Educational Science Workshop atNational School, Virar. The workshop began with alecture on introduction to science, its progress and itsuses. The sitaras were then exposed to differentgrowin gElephanta Caves which is located at Gharapuri Islandamidst the Arabian Sea. The mentors and menteeswere paired so that mentors can take the sitarasaround to see the caves. This facilitated the sharing ofthoughts and knowledge among the two. Facultyfacilitators too interacted with the sitaras and got toknow them better. After lunch, sitaras engaged invarious games with their mentors.Sitaras at Science Workshopscientific experiments and were also taught how tomake various objects and toys which produceddifferent visual and sound effects (e.g. animatedobjects). The Sitaras were taken to the Biology Labwhere they could observe the specimen of humanbody organs, and the specimen of animals andreptiles. Interesting information on different species ofsnakes was shared with the Sitaras.Picnic to Elephanta Caves:SPJIMR's faculty who oversee the mentoring processtook a day off with mentors and mentees to ElephantaCaves. Elephanta Caves, being a place of historicimportance as well as far from the city hustle wasespecially selected with the purpose of giving anopportunity to spend time in a natural environmentaway from home and strengthen the bond betweenmentors and mentees.8 faculty facilitators, 168 mentors and 132 menteescame for the picnic. The group reached The Gatewayof India at 9.00am from where all boarded the ferry toA Talk on ParentingMentors with their MenteesFebruary, 2011A talk on parenting was conducted for the parents ofAbhyudaya Sitaras by Clinical Psychologist Ms.Supriya Nair. She shared her valuable insights onparenting and also gave some tips for handling dailylife stress and on prioritizing things in life.Parenting Talk organized by Abhyudaya officeSitaras at Elephanta Caves with MentorsFelicitation of Mumbai's 6th Grammy AwardWinner Pt. Dhruba Ghosh20th February, 2011 witnessed the felicitation of Pt.Dhruba Ghosh at SPJIMR, organized by Abhyudayadepartment. The Sitaras are pursuing music under hisguidance and in his honor they sang Guru Vandanacomposed by Pt. Ghosh.14SPJIMRnews

Rainbow Colours of InnovationSummer CampThe annual summer camp this year focused onfostering Sitaras creativity. They were taught publicspeaking and English speaking through storytelling.Sessions by Nrityanjali were held to enable the Sitaraswith public speaking, voice modulation, story writing,reading activities, development of observational skillsand imaginative skills. Other activities included yoga,origami, craft and bird watching.Sitaras doing YogaAbhyudaya Impact Assessmentgrowin gMarch 2011As the second year of mentoring coming to an end inJuly, an Impact Assessment of Abhyudaya programwas conducted, to assess its impact on both Mentorsand Mentees.Feedback was collected from the major stakeholders -the Mentors, Abhyudaya Faculty Facilitators, SitarasParents and the School Teachers.The mentors were assessed on the parameters namelyCommunication skills, Self discipline, Spiritualquotient, Relationship trust and Emotional quotient.The mentees were assessed on the parameters likeAcademic improvement, Emotional development,Cognitive development and Family attitude.Scholarship:49 Sitaras of Std 7th appeared for the MaharashtraState Scholarship exam in March. Two weeks intensivepreparatory classes were held for them.Annual Outdoor CampThree day outdoor camp was held at Chinchani whichwas attended by 110 sitaras.The Sitaras actively participated in many creativeactivities like Block & Bandini Print, night tracking andtreasure hunt.Selection of New SitarasApril-May 2011Selection process of Sitaras in progressSummer Camp for SitarasAfter the final meeting of Dr. Shrikant with the schoolprincipals of the BMC and the aided schools, theselection for the fourth batch of Sitars started in April2011. 236 nominations were received from the BMCand the aided schools in K- west ward. The first levelselection was done using a psychometric assessmentfollowed by a group interview. Based on the result,some students have been selected for the secondround where the parents were interviewed along withthe child. The total number of Sitaras under Abhudayaare now 180.15SPJIMRnews

Rainbow Colours of InnovationWelspun completes one year of DISHAFebruary 5, 201112 months ago, in February 2010, Welspun & SPJIMRtogether embarked on a journeycalled “DISHA” with a missionto take Welspun Groupfrom Rs. 12,000 Crores toRs. 30,000 Crores. Withthis mission in mind, wecustomized a series ofManagement DevelopmentPrograms (MDPs) for the seniormanagement & leadershipgroup of Welspun.On 5th February 2011, theycompleted exactly 1 year ofprogram. The first phase of thisprogram covered 56 leaders,spread across 2 batches. Theprogram was well receivedby Welspun and 70 newparticipants joined theprogram in September 2010.The participants found the courses to be value-addand have appreciated the content and the faculty.Further, they found that MDP sessions helped themdevelop a group wide strategic perspective enablingthem understand the threats and the opportunities fortheir businesses and hence work on buildingcompetitive advantage.The Welspun Team with SPJIMR faculty and staffSince February 2010, 19 MDPs were held in 2locations Mumbai & Anjar covering over 130participants, spread across 4 batches.Ms. Manasi Gune from SPJIMR and Mr. Mandeep Virdifrom Welspun have been coordinating the programrelentlessly under the able guidance of Prof. HarshMohan, Prof. S K Palekar and Mr. Gurpreet Nagpalfrom Welspun.SUN launches SPEEDSun Pharmaceutical’s Executive Education andDevelopment (SPEED) program was inaugurated on26th May. 49 senior managers of the company willparticipate in 40 day program over a period of twoyears. Mr. Dilip S. Shanghvi, CMD shared threewinning mantras for a successful companyShare the benefits with contributors.Win customer loyalty and continuity by puttingcustomers first and Invest in future.As organization grows, complexityincreases and so we need formal processof acquiring skills, better bonding anddialogue within the company. He said thatparticipants should leverage this programto foster new contacts within the company.Mr. Sudhir V. Valia, Executive Directoremphasized the importance of timelydecision making in professional andMay 26, 2011personal life. Mr. S. Kalyanasundaram, CEOencouraged the group to equip themselves withcollaboration skills to face the challenges of fast pacedbusiness world.16 SPJIMRnews

Rainbow Colours of InnovationMarch, 2011Participants from European School ofBusiness, Reutlingen University, Germanyattend a module with PGEMPSeven participants of the part time MBA program forworking executives at European School of Business,Reutlingen University, Germany attended a modulewith current PGEMP batch. The short stay of 12 dayswas power packed in terms of academic inputs,mutual sharing and experience. The program isdesigned in a way that in addition to attending variouscourses, the foreign participants get exposed to Indianculture, markets, business and also get a glimpse ofmyriad hues of Mumbai.Specific sessions on Indian business environment andmarkets were conducted by Prof.ABKulkarni and Prof.Pallavi Mody .The ESB Group with PGEMP 24 participants‘Doing Business in India’ programsDBI participants on campusMarch-April, 2011The Doing Business in India program at SPJIMR isaddressed to meet the need of the foreign businessexecutives and Small and Medium Enterprises (SMEs).For UK Trade & Investment they conducted the “IndiaMarketing Strategy Scholarship Program”, catering tothe needs of SMEs from the U.K to understand themarket dynamics in India.The other programs in Doing Business in India include International Elective Program, Lancaster UniversityManagement School Doing Business in India: Vlerick Leuven GentManagement School, Belgium Doing Business in India: European Business School,Germany Bizard abroad: National University of SingaporeIndustry trip to L & T Infotech organized by Prof. OscarD'Souza brought them in real touch with the BusinessProcess Outsourcing world. Visit to Mahindra &Mahindra Farm Equipment division was arranged by aPGEMP participant Mr. Don Lewis.Prof. Prem Chandrani had an informative andinteractive session with them, interspersed withnuances of Indian culture and business practices.The integration between the batch of Indian & foreignparticipants was enriching for all.DBI Participants experience Yoga at Yoga KutirESB Germany MBA participants at SPJIMRThe UK Trade & Investment team at SPJIMR17SPJIMRnews

Rainbow Colours of InnovationDr Anand Nadkarni analyse Dandi March for Management LessonsDr NadkarniDr. Anand Nadkarni is anardent Gandhian andpassionate about looking atsome important historicalevents as a part of learningprocess. He organized a 5-hour workshop for PGPMBatch covering one of themost inspiring events'Dandi March' andits interpretation in thecontext of managerialeffectiveness.Some of the lessons of Leadership and Managementfrom the Dandi March are: 79 Ashramites were carefully selected from youth tosenior citizens – all age group participated,emphasizing importance of effective teams.April 5, 2011 It was an example of meticulous planning of theroute, identifying right people to do the right jobslike Sardar Patel for logistics and masscommunication. A team of marchers called Arun Tukdi (advancemarchers) reached the villages before time to collectinformation about the village. This emphasizes roleof process and planning. Dandi march is an example of right time and rightprocess taken up involving masses- any one andevery one, an important aspect of mass movement. It was an example where people practice nonviolence for common good. It is the conviction of the leader, in-spite of widespread apprehensions from people around, makesthe event historical.The session was very well received by PGPMparticipants and they could appreciate the universalityof management principles.FMB Premier League (FPL)FMB Premier League (FPL as it is popularly known) isan unique event at FMB department. FPL is a cricketfest but due to the innovation, magnitude andinvolvement of the students, a normal cricket turns outto be a great event.There were four teams made out of the class of 120.Each team had 16 players. The owners of the teamswere female members of the batch. The captains werechosen by the organizing team in consultation with thefaculty. Around 85% of the total batch was involved insome or the other activity, such as commentators,score keepers, sponsors soliciting, groundmanagement, organizing the actual event,coordinating with various agencies such as police,tent, genset, umpires, etc.The lady owners of the FPL TeamsAnother important component in FPL was innovation.Matches started with the recitation the NationalAnthem, which made the environment positive. Oneanother major innovation was the concept of "SuperOver". It is one over in which all the six balls have to bebowled by different bowlers. There were initiativestaken by the Organizing Team like for 90 minutes ofairtime to SPJIMR and a newsletter at the end of the firstand third day.On the whole, FPL proved to be a fantastic off-theclassroomlearning opportunity. It is also a veryimportant method to internalize managementconcepts.FMB Premier League18SPJIMRnews

Rainbow Colours of InnovationDOCC 2011: The Heart and Art of GivingStudents during DOCC projectsThe Center for Development of Corporate Citizenship(DOCC) is SPJIMR's unique pedagogy where in theparticipants undergo 6 week internship with NGOsand apply the managerial thoughts and practices tounorganized social sector. This year, the students ofSPJIMR, worked in 76 projects with over 50 NGOsacross the country. The projects covered issues likewomen's empowerment, AIDS awareness, workingwith specially abled children and introducing a holisticcommunity development program.The new management perspective helped NGOs takea look at their current processes and find ways ofimprovement. The implemented ideas and projectswere also appreciated by the community at large.Working in rural areas.....March - April, 2011Snippets of Feedback from the NGOs“The marketing plan for the paintings is an importantinstrument for us to plan our activities at least for thenext year. The insights given by the students will beconsidered for charting out our future course of action"- Voice of Himachal"It was a pleasure hosting the students from SP JainInstitute. It was truly a difficult project, in terms of itsexpanse, but more in terms of the complexity and thestakeholders involved. The students in such a shorttime quite effectively understood the history of theproject, its need as well as the journey so far. They alsoidentified the roadblocks in the journey of advocacyand strategy for future. Most importantly, they adaptedwith the organization, its values and showed maturityin accepting the constraints at Gadchiroli. Theybecame a part of the SEARCH community."-Society for Education, Action & Research inCommunity Health"This is the first time we did cost efficacy analysis. Theanalysis done by the students will be a very importanttool for designing and implementation of projects inother districts."- Deepak Foundation, Baroda"The impact the assignment creates adds a lot of valueto our work. The students helped us in financialplanning for the next five years. The project lays thefoundation for our work in future. It acts like aguideline, and will help us streamline our financialplans."- Udavum Karangal"The students could develop a good grass rootapproach. The analysis and observations have beentuned with good details. We can now pursure a newproject with their recommendations. Incomegeneration schemes suggested by them will makeenterprise sustainable in future. They could alsosensitize the staff workers with their work and analysis."- Himalayan Gram Vikas Samiti"The nature of contribution made by the student wouldcontinue to have a long term contribution to theorganization."- United Care Development Service“As a new activist, she has put forward new aspirationsamong the local youth with her communication andpresentation skills. She has been pivotal in mobilizingthe community library. She also helped with devisingthe MIS framework, which will help us in betterdecision making."- Abhivyakti Foundation.....With diverse groups19 SPJIMRnews

Rainbow Colours of InnovationJanuary 15, 2011Management lessons from DharaviIt was a truly multi cultural experience for the studentsof SPJIMR when they played host to Ericssonemployees hailing from across the globe. It was adiverse group of 25 trainees from countries rangingfrom Belgium, Australia, and Spain to South Africa.Each of the 10 SPJIMR students interacted on aprofessional basis with two trainees and gave them anNGOs learn the value of ‘Branding’February 28-March 2, 2011Fifth time in a row, SPJIMR's Socialbrics, the Centre forTraining & Management for Social Development,organised a three day workshop on 'Creating an NGOBrand' at SPJIMR. Directors and senior executives ofNGOs from all over India like Sense International(Gujarat), Learn Empower Uplift (Delhi), Sol's Arc(Mumbai) & Save the Children India (Mumbai)participated in the workhop. Dr. Ashita Sharma wasthe workshop facilitator.Over three days participants answered brand buildingquestions, discovering a consumer insight anddiscussing the emotional truth of the NGOs for brandcreation.On the last day the participants made presentations onthe proposed brand blueprint.Socialbrics ‘influencing change’ in real timeThe Ericsson Group at Dharaviidea of the work being done at Dharavi. They walkedthe streets of Dharavi, guiding the visitors and givingthem an understanding of the successful pocket ofentrepreneurs in the heart of the largest slum dwellingin Asia. After an introduction to the business concept ofrecycling industry running in the area by Magsaysayaward winner Dr. Jockin Arputham, the group walkedthrough the narrow streets and interacted with theworkers and owners of each enterprise. The queriesranged from how often the workers took a break toquestion aspirations of the residents.The visit helped participants realize how a small placecan do business of such large volumes, without anytraining. The insightful interaction with the delegatesfrom Ericsson was richly rewarding for SPJIMRparticipants.Socialbrics is organising Thursday Clinics for onemonth for the brand building participants in whichDr. Ashita Sharma will help them solve the problemsfaced building their brand. Participants will present thefinal blue print of their Brand ManagementConsultancy for NGOs.Socialbrics supports NGOs via real time consultancyaccording to the need felt by the organization. It is ledand supported by senior faculty members of SPJIMR &domain expert consultants.Socialbrics has successfully completed a consultancyassignment for Childfund India's Disha Project. Itinvolved streamlining appointments & issues related toit. Advocates Mulla & Mulla were consulted to givelegal dimension for this project. Mr. Vijay Nadkarnialso visited Firozabad for the same.The Brand Building Workshop NGO in progress20SPJIMRnews

Rainbow Colours of InnovationA PEEP INTO TARANG 2011 : Cultural fest for FMBTarang is a student initiated, inspired and createdcultural fest, to which, the faculty members and thestaff of FMB department are mere supporters andencouragers (motivators). If a person has an idea,what they need is a supportive and conduciveenvironment to implement that idea. That's true for anygiant company or a small shop and these wellsummarizedin lessons from Tarang.Tarang is conducted by making teams participate invarious events. These teams are created on random bypicking the names of students from the total pool.According to one of the team leader, out of 30members in his team, only 10 were most often seenparticipating. This was true for all the teams. This leadsto a lesson that in an organization there will always bethree types of people: the one “who will participate”,the one who will see “what is happening” and the onewho will “not know what is happening”. It is the role ofthe captain to identify the first type of people.On day two of Tarang, there was only one event –Treasure Hunt. It was the most important event of theentire fest. The treasure hunt was a massive event andthe teams were required to spread out all acrossMumbai and get their pictures with particular type ofperson or doing a particular activity or action. Therewere totally 84 tasks. The range of tasks spanned from“taking a photo of a team member along with amember of the organizing team” to “taking a photo onan aeroplane in Titanic pose”. The time given tocomplete task list was 4 hours.This type of an event involved a great deal of planningand execution efficiency. All the jargons ofmanagement literature such as co-ordination,teamwork, managing resources, convincing, selling,exploring contacts / networking, culminated in twowords – execution efficiency.One of the most important learning points thatemerged is the balance of task and timeliness. Everytask had to be done within a green time-line, but thequestion is – ‘what's more important?’. The treasurehunt event has a list of stories to tell. By the end of dayApril, 2011two the teams were having fun and learningmanagement lessons. They had developed excellentrelationship with their teammates.On day three there were once again three tasksCelebrating Tarangplanned. They were Collage, Dance & Maxi Parti. MaxiParti is “whatever you want to do” event, which shouldinvolve all the members of the team.The participants developed collage and it wasamazing to see the way ideas got presented. Twoteams had prepared the collage on “corruption”, butthe presentation of one of the team was much betterParticipants making collage during Tarangthan the other one. Here comes one more lesson. Abusiness idea can be presented with absolutelydifferent materials and in different manner but onlythose win, who can communicate the idea in the bestmanner.Tarang fest is an important instrument in the learningprocess at the FMB Program of SPJIMR. It keeps youcraving for more and that's what we call is the power ofTarang… every wave that splashes you with its auraleaves you gasping for more…-by Prof. Samish DalalFaculty, SPJIMRThe FMB participants during Tarang21 SPJIMRnews

Rainbow Colours of InnovationRepublic Day CelebrationJanuary 26, 2011The 'National and Institutional Event Managementcommittee' (NIE 2010) at SPJIMR, under the aegis ofthe ADMAP programme organized the event as part oftheir learning process and pedagogic initiative.The Republic Day celebration at SPJIMR was based onthe 5 pillars of the Indian Constitution: Secular,Socialist, Sovereign, Democratic, Republic which arestill strong, valid and relevant, 61 years after theadoption of the Constitution.The event was preceded by collage and video makingcompetitions and a kite flying competition to enablestudents to grasp the nuances of team work andcoordination. The event on 26th January began withhoisting the national flag by Hon. Dean Dr. M.L.Shrikant. This was followed by musical performancesto salute the nation. The play “Rightfully Right” broughtto the forefront the collective power of citizens inbringing about a change for the better. The event sawactive participation from the graduating batch ofPGDM students who attended the event in full strength.The NIE team beautifully managed the event from theideation to its efficient execution.‘GYB’ ProgramApril 5, 2011The Center for Entrepreneurship first launched theStart Your Business Program for aspiringentrepreneurs. This has been followed nowwith the Grow Your Business (GYB) Program(http://gyb.spjimr.org) for growth focusedentrepreneurs.An Entrepreneurial Manager needs diverse skill-set tosucceed. However, the skill-set varies depending onthe stage of the enterprise life cycle. The Grow YourBusiness Program addresses the Management gapthat typically address the transition of an entreprisefrom survival stage to growth stage.Danfoss India has drawn a 5 year vision document forthe Indian market which has the channel partnerplaying a key role. The marketing head of thecompany's PE division approached the Center forEntrepreneurship for an MDP that would equip thechannel partners with the KSAs to achieve the VisionMr Purshothaman, Regional Vice President-AsiaPacific, Danfoss Motion Controls Division was presentwhen the participants presented their individual visiondocuments. Prof M Suresh Rao co-ordinated theprogram.Students performing on Republic DayGYB program with Danfoss IndiaLaunching PGCPDM in partnership with BAIFSPJIMR is stepping into enhancing education in thedevelopment sector. SPJIMR and BAIF have partneredto develop a Post Graduate CertificateProgramme in Development Managementwhich will equip professionals in the developmentsector with management skills that can be applied intheir existing work area and can prepare them forhigher level responsibilities. The course is scheduled tostart in the month of November this year (2011).22SPJIMRnews

Rainbow Colours of InnovationMarch 30-31, 2011‘Social Venture Challenge Mumbai’Ideas to Make Mumbai BetterForeign Industrial Visit (FIV) forFMB Batch 13April, 2011Center for Social Enterprise & Leadership (C-SEL) setup by SPJIMR seeks to bridge the gaps between frontlinesocial entrepreneurs, corporates, NGOs, nonprofit leaders, philanthropists and impact investors.The first event organized by C-SEL was the SocialVenture Challenge Mumbai. It was social businessplan competition designed to encourage socialenterprise to developbusiness solutions for thecity's acute social andenvironmental problemsacross six thematic areas:Transportation, WaterSupply & Sanitation,Energy, Education, Waste Management, Housing.Mumbai city faces world's most pressing social andenvironmental problems. Over 50% of the world'spopulation lives in cities today compared to just 30% inIndia. By 2015, Mumbai is expected to become themost populous city in the world. The challenge today isto create public-private platform for all stakeholderswho can contribute towards betterment of Mumbai.The Social Venture Challenge/Mumbai consisted ofthree rounds, of which the final round took place at theSPJIMR. During each round of the competition, socialentrepreneurs needed to consistently present thevalues of their business with respect to - FinancialReturns and Social & Environmental ReturnsThe panelists of the Challenge included Priya Dutt,Member of Parliament, India; Vineet Rai, Co-Founder,Aavishkaar’; Revathi Roy, Founder, Forshe Ladies TaxiService; Sandeep Singhal, Managing Partner, NexusIndia Capital; Surya Mantha, Director Investments,Omidyar India Network.The winning teams was awarded the coveted Sheriff'sAward and Rs. 500K in prize money. The runner upwas given Rs.300K while second runner up wonRs.200K.FIV (Foreign Industrial Visit) is a very thoughtfulinitiative by the Centre for Family Managed Business toshow the Indian Family Business the managementpractices, cultures, political scenario and people byother countries of world.Prof. Merchant with FMB participants in KoreaThis visit was planned in three countries of SEA region –China, Korea &Thailand. 52 students, led by Prof.Parimal Merchant went for the visit. The visit spanningover 10 days is considered as a very importantcomponent of the learning process by the students. Thestudents fulfilling qualifying criteria were only allowedto go.The FIV of FMB 13 Sept was unique in more than manyways. Firstly the Director of FMB, Mr. Parimal Merchantwas accompanying the batch, who himself is a goodresource to learn from. Secondly, a visit to KaistUniversity at Korea had been arranged. It was anamazing interaction by two family business peoplegiving interesting insights. Thirdly, a visit at Thai Acrylicwas arranged, which is a Birla group company setup inThailand and gives us an idea about modifying Indianmanagement practices to suit a foreign location.Fourthly, Prof. Parimal summarized the entire FIV byintegrating different management practices, insights,industrial visits and Indian business practices.The students felt enriched and delighted after the FIVand were amassed tremendous learnings from the FIV.The SPJIMR student team at Asia Venture ChallengeFMB participants at Hyundai23 SPJIMRnews

Rainbow Colours of InnovationPGEMP participants ‘Influencing Practice’ in their work - A TestimonialRupesh JainAssistant Manager,Planning & ProjectMonitoring,Delhi Metro RailGammon India LimitedI had an opportunity to doStatic Budget Variance anddetailed variance analysis ofmaterial and manpowerdeployed in the Delhi MetroRail Project. Since I havestudied variance analysisduring PGEMP program, itwas easy for me to completethe task and train my team indoing it. We have completedQuantity & Price Variance forMaterials and Efficiency &Price Variance for Labour.This exercise increased myconfidence and gave me anopportunity to apply learningin my real work.Sachin ThakurIndoor Testing (CabGroup), EngineeringResearch CentreTata Motors Ltd.Our group in R&D of TataMotors had put forward arequirement for around 50Lfor procuring equipment.The first proposal was turneddown as no one had an ideaof how requirement can beshown in terms of ROI/NPV/IRR. I was back from the 2ndcontact of PGEMP where Ihad learnt Capital Budgetingtechniques. I applied thesame to the relevant financialdata and linking it to thepotential savings showinghow the investment wouldpayback within a year. Theproposal got accepted.Pot- pourri of thoughts: Fare well to PGEMP batch 21 and 22Ranjeeta Singh,State Bank of IndiaThe journey of EMP has beenenriching and enjoyable. Wehave been transformed inthese years. The way wepresent ourselves, ouroutlook, functioning andbehavior…. all has changedunknowingly. Drawing fromthe varied composition of theclass, we also got a feel ofhow private organizationswork.S. S. RaoState Bank of IndiaBeing working executives, wepractice and implementconcepts in day to day workwithout exactly knowing it ina structured way. Thisprogram helps us tointegrate both concept andpractice. Informationinterchange with peers alsogives good exposure tomanagement learning.2 years into the program, ourunderstanding and responseto issues shows muchimprovement.I was afraid initially in goingback to school after 22 yearsbut the support from peergroup and an interesting mixof theory and practice in thelectures were an effectiveincentives.A D Dalal,L&TP N Chauhan,Monsanto24SPJIMRnews

HarvestReaping Rich RewardsPGDM Placements 2011 – Reaching New HeightsSPJIMR completed yet another successful season ofplacements for the 178 participants of PGDM Class of2011 with 242 offers from 76 companies.The Placement process saw offers for lateral and freshhiring. The average salary increased by 27% to Rs.14.07 lacs per annum from last year, with the highestdomestic offer of Rs. 23 lacs. 39% of the batch hadoffers of Rs. 15 lacs and more. 59.5% of the batch hadsalaries of Rs.13 lacs and more. The median salary for177 students was 14 lacs. Foreign offers were made byThomson Reuters and Deloitte.General Management: Tata AdministrativeServices, Adani Leadership Program, Mahindra &Mahindra, Reliance Industries and RPG Group madeabout 16 offers in several middle managementpositions.Consulting/ IT Consulting: 19% of the batch wasplaced in leading Consulting firms including ArthurD'Little, Accenture Business Consulting (ABC), Deloitte,Ernst and Young, KPMG, PwC, CEB and TSMG.Deloitte picked up maximum numbers. Accenture forthe first time gave offers for the Global Talent andInnovation Network team. IT consulting was offered byCognizant Business Consulting (CBC) andCapgemini.Finance: The companies included JP Morgan, IIFL,Standard Chartered, Citi Bank, Deutsche Bank, ICICIBank, Edelweiss, ICRA, Avista Advisory, SBI Caps,HSBC , Yes Bank, Axis Bank etc. Offers were receivedacross functions ranging from Investment Banking,Corporate Banking, Project Finance and CorporateFinance. The Multinational firms like Thomson Reutersmade exclusive offers for their Global BusinessGraduate Program. 21.35% of the batch got offers inthe Financial Services and Banking sector.IT/ITes: IT companies like Microsoft, HCLTechnologies and IBM offered Sales roles. Corporate ITroles were offered from business giants like GeneralElectric, Proctor and Gamble and Citibank. Other ITmajors included TCS, Wipro, Polaris, HP, Winshuttle, i-Gate.Marketing and Operations: The FMCG majorsincluded Procter & Gamble, Hindustan Unilever Ltd,Johnson & Johnson, Dabur, Asian Paints, Nestle,Marico, Britannia, Nivea and Wipro Consumer. For thefirst time HUL picked up a lateral hire from campus forthe supply chain division. Companies like Bharti Airtel,Philips, Novartis, CEAT and Titan offered niche rolesacross diverse sectors. Companies like 3M, Cumminsvisiting for the first time made offers. 23% of the batchgot offers from FMCG majors.One student deferred participating in placements toexplore his own venture.Placement Report – PGPM 609 BatchThe Sixth Batch of PGPM with 84 participantscommenced in January 2010. 23 students specializedin operations management, 33 in informationmanagement, 17 in marketing and 13 in finance.The participants hailed from 38 leading companiesand had rich experience in various domains like ITservices, BFSI, Health Care, Insurance, Aerospace andAutomotive, ITES, SCM/Logistics, Telecom,Manufacturing, Power, Mining, Heavy Engineering etc.With experience ranging from 5 to 12 years, theybrought in excellent insight into diverse industries andbusiness situations, thereby enhancing peer learning.The companies who participated in PGPM placements2011 were Infosys, ICICI, TCS, Cognizant, Mc KinseyKnowledge Center, IBM, Cummins Technology India,Hunt Partners, Net Core, L&T, ITC, Frost & Sullivan andWelspun Corporation. The participants were offeredchallenging roles across domains.The placements were successfully completed with anaverage salary of Rs 14.21 Lakhs. The averageincrease in the batch salary was 68% over theincoming salaries.25 SPJIMRnews

HarvestReaping Rich RewardsApril 20, 2011CNBC-TV18's 'The A-List of B-Schools 2011'UnveiledOutlook MdRAIndia's No. 1 business medium CNBC-TV18 released'The A-List of B-Schools Rankings 2011'.These rankings were developed using a detailed dualmethodology which surveyed key stakeholders inmanagement education including B-Schoolinstitutions, Faculty and Recruiters. The A-List of B-Schools arguably India's largest and mostcomprehensive B-School ranking.Suresh Venkat, Executive Editor, CNBC-TV18 saidThese rankings are an attempt to provide insights onwhich prospective students can make effectivedecisions on their B-School journey as they navigatean increasingly complex set of choices today.Rankings at a GlanceB-Schools 113 B-SchoolsParticipantsRecruiters 208 Recruiters InterviewedParticipantsCategories of Placements, Industry Interface,Ranking Intellectual Capital, Infrastructure,International Linkages, Region &SpecializationTop B-Schools in India2010 Rank 2011 Rank B-Schools1 1 IIM, Ahmedabad2 2 IIM, Bangalore3 3 IIM, Calcutta4 4 IIM, Lucknow9 5 MDI, Gurgaon5 6 XLRI, Jamshedpur17 7 NITIE, Mumbai6 8 FMS, Delhi10 9 SP Jain, Mumbai11 10 IIM, KozhikodeOutlook MdRAOutlook MdRA B-School survey ranks SPJIMR at 9th position26 SPJIMRnews

HarvestReaping Rich RewardsBusiness Today -NielsonBusiness India RankingsBusiness Today- Nielson Business School survey rates SPJIMR at 19th place. The assessment isbased on following parameters- overall reputation of the school, placements, quality ofplacements, infrastructure, faculty, pedagogy and admissions. The methodology involvesperception of stakeholders including current students, alumni, recruiters, industryprofessionals etc.Week Mars SurveyAIMA - Indian ManagementIndian Management-IMRB International rates SPJIMR in Super League 1Indian Management-IMRB International B-school survey rates SPJIMR in Super League 1category. Indian Management is a Business Standard publication for All India ManagementAssociation and the rankings done by them are highly recognized due to their robustmethodology combining voluntary self-audit by participating institutes along with third-partyscrutiny and inputs from industry. Other business schools from India sharing the platforminclude IIM Ahmedabad, Kolkata, Indore, XLRI etc.The Week-MaRS B-school Survey rates SPJIMR at 13th position.27SPJIMRnews

HarvestReaping Rich RewardsMarch, 2011Final round at Asia Venture Challenge,ThailandAsia Venture Challenge is touted as the most widelyrecognized new-venture competition for graduatebusiness programs in the region. It is hosted by theThammasat University and The Stock Exchange ofThailand.This year the final round hosted in Bangkok broughttogether 13 MBA and graduate programs from 8different countries. The various teams were joint by keyfinancial players, private investors, venture capitalists,educators and representatives of the R&D community.From India, SPJIMR s team was one of the two to getselected to go to Thailand for the final round. The teamcomprised of Kinnar Shah and Sachit Mohan, fromPGDM batch of 2010-12.The competition spanned over 3 days, and includedvarious rounds judged by various varied panellists.M. R. Pridiyathorn Devakula; Former Minister ofFinance; David Washenfelder; Partner- Baker &Mckenzie; John Stevens; Group Managing Director-POV Media Group, Thailand.‘Coming on Top’ at IIML-ManfestJanuary, 2011Piyush Guliani along with Arpan Anand 1st prize atThe Stratstruck event in Manfest (IIM-Lucknow)and also secured PPI from Accenture ManagementConsulting.Sai Kiran, Kirthiga Sridhar and Aparnavalli Vfinished as National Runners up, in Yajna - a panIndia CSR Challenge, in Manfest.Akansha Dixit and Disha Goel stood 3rd at TAS Zeus- strategy competition at Manfest.Piyush & Arpan at Manfest 2011Clean Sweep at IIT Kharagpur Sachit Mohan won CleanTechnology Competitionand Saumya Oli, Ashwini Rand Ritika Dokania came inSecond Runner-Up position. Nishant Chawla wasSecond Runner-Up,Popular Choice CategorySachit Mohan at GEC, IITin GLICK, a photographycontest organised as a part of L'Attitude1305,Annual Management Fest of Great Lakes Instituteof Management, Chennai. Manejit Ghatak and Shreya Jain stood 1st at IndiaCalling - policy paper presentation contestorganized at IIT Kharagpur.May 28 - 29, 2011Won CSR paper competition at BGRC, CEIBS-ShanghaiBGRC conference is aflagship event ofChina-EuropeInternational BusinessSchool (CEIBS) whichprovides a platform toexchange ideas on Navneet receiving award at ShanghaiCorporate Social Responsibility. It is the largest studentorganized International CSR conference in Asia Pacificand provides a networking platform for MBA studentsand corporations across the globe to discusscontemporary business challenges and innovativeideas which seamlessly combine genuine socialcontribution with profit generation.The theme of BGRC 2011 was Vision in Action withfocus on Social Innovation, Environment Sustainabilityand Corporate Social Responsibility. The conferencewas attended by more than 200 MBA students fromreputed B-Schools across the globe. Some of the keyspeakers in the conference were Mr. Rakesh Makhija,President Asia, SKF Group; Mr. Mei Wei Cheng, CEOSiemens North East Asia; Mr. Ning Li, Founder of Li-Ning Brand; Mr. Jet Li, World renowned movie star andFounder of One Foundation; Mr. Bo Wen, TimeMagazine Eco Hero 2006 and many others fromdiverse fields.Navneet Kumar, PGDM 2010-12, was invited to theconference based on his papers titled CSR: A way tosustainable competitive advantage andEnvironment sustainability through Green SupplyChain Management . He was only student selectedamongst 200+ participants from top B-Schools acrossthe globe for delivering a presentation in theconference. He won the international competitionorganized by BGRC 2011 for his papers.28SPJIMRnews

HarvestReaping Rich RewardsJanuary 21, 2011L'oréal Brandstorm Regional RoundSPJIMR hosted the Western Region Elimination roundfor 'L'oréal Brandstorm' at the SPJIMR campus. The topthree teams from SCM-HRD Pune, MICAAhmedabad, NMIMS Mumbai and SPJIMRMumbai presented their Brand plans to the jury panelfrom L'oréal to clinch a place in the National finals. TheJury panel comprised of Ms. Nupur Bedi Head TalentAcquisition and Regional Employee Relations, Ms. LilyValles Asst Manager Campus Management,The SPJIMR teams during Loreal Campus selection roundMr. Arjun Chauhan Product Manager and Ms.Binaifer Bodhanwalla Product Executive, L'OrealProfessional.The three teams, that represented SPJIMR, were ThePurple Ocean (Mr. Pratik Kumar, Ms. Umang Sota, Ms.Shraddha Shrimal), Beauty and The Beasts (Ms. UditaUpadhyay, Mr. Kinnar Shah, Mr. Sidharth Srinivasan)and Le Club (Mr. Sachit Mohan, Ms. Hasmeet Kaur, Mr.Suvansh Bharara).Team Le Club from SPJIMR made it through to theFinals along with 4 other teams from FMS, MDI, SCM-HRD and MICA respectively. The National Finals wereheld on 10th March, 2011.Umang Sota won the IFLA 10-11INFOCOM reflects and embodies the dynamic ICTcommunity. The theme for INFOCOM 10-11 wasMoving towards Convergence . INFOCOM FutureLeadership Awards (IFLA) -under the aegis of the mainevent, INFOCOM is an endeavour to identify & groomthe young global leaders of future.This year over 300 entries were received frominstitutions including Harvard and Stanford businessschool. Top 16 entries were shortlisted which werepublished in IFLA 10-11 compendium. These 16entries were further scrutinised to choose the Top 6papers which were awarded IFLA 10-11.Umang Sota, PGDM-2010-12, SPJIMR won the IFLA 10-11 for one of the Top-5papers across the globe. Herpaper was titled Mediaconvergence: what it meansfor marketing communication. She was awardedthe coveted IFLA trophy, acertificate and an amount of$500. The winners got theopportunity to learn from therich panel discussions andpresentations during the3-day conference at ITC-Sonar, Kolkata.Uncorrupted World ChallengeJanuary, 2011Umang Sota receivingtrophy at IFLAJune, 2011Uncorrupted World Challenge was organized inpartnership with PRME and GRLI.68 competitors from 32 countries tried to grasp thecomplexity of this topic and provide a solution for abetter, uncorrupted world.Gaurav from SPJIMR was selected among the topfinalists. His solution will be evaluated by a judgingpanel, consisting of three members of the PRMEAnti-Corruption Working Group and two CFrepresentatives, according to the evaluation criteriaoutlined in the Challenge description.As a finalist, Gaurav was awarded a virtual CFcertificate as a token for success and future motivation.The team that made to Loreal National Finals with professors29SPJIMRnews

HarvestReaping Rich RewardsFebruary, 2011Harvard Project for Asian & InternationalRelations (HPAIR)Five students from SPJIMR - Aditi Sharma, AnoopVasisht, Arundhati Govekar, Riddhi Daftary &Toshalina Nayak were selected for the prestigiousHarvard Project for Asia & International Relations(HPAIR) to participate in a week-long conference,paper presentation & symposium at Harvard, USA.In its 20thanniversary asHarvard's largestannual event, theHPAIR broughttogether studentsfrom more than40 countries fromthe world'sf o r e m o s tuniversities andleaders in thef i e l d s o fgovernment,business, culture,and academia tobrainstorm oncurrent andPresenting at HPAIRrelevant issues concerning Asia.This year's theme 'Looking Back, Forging Ahead: Asiain Pursuit of a Vibrant Future' created a forum forexchange and facilitated discussion between students,eminent faculty members from Harvard University andimportant personalities like Mr. Ichiro Fujisaki-Ambassador of Japan to the USA, Mr. Murat Lutem-Consul General of Turkey in Boston and Mr. Joseph -Curtatone, Mayor of Somerville, Massachusetts.Following the symposium, SPJIMR has been selected toform HPAIR Partnership Club with Harvard, aprestigious relationship to share resources &collaborate for progression of Asia towards a vibrantfuture.February, 2011‘Managing Complexity’ at the 14th WorldBusiness Dialogue, GermanyAditi Sharma, a 2nd year student from SPJIMR wasselected to participate in the prestigious 14th WorldBusiness Dialogue, Germany from among more than2700 applicants worldwide.This year, the theme of the convention was 'ManagingComplexity' and it explored increasing intricacies oftoday's globalized worldthrough keynote speeches,Ms. Aditi Sharmapanel discussions,workshops and interactivesessions.Aditi was also among thehandful to receive theSponsorship Award basedon her creative application& secure interactionopportunities with Dr.Augusto Lopez-Claros,Former Chief Economist, World Economic Forum, PaulLaudicina, Managing Officer & Chairman, A TKearney & Carlo Vassalo, CEO, Ferrero Germany.Since 1987, the WBD brings together students from allfive continents with eminent personalities frombusiness, sciences and politics & is supported byleading corporations like Booz&Co, BMW, DeutcheBank, Wall Street Institute, OC&C, AT Kearney etc.The speakers at the convention included Mr. HermanVon Rompuy, President of European Council,politicians including Mr. Armando Emílio Guebuza,President of Mozambique and Mayor of the city,Former Chief Economist of World Economic Forum &CEOs of leading firms like AT Kearney, Arthur D Little,Ferrero, Daimler.Aditi at Germany with Dr. Lopez - Claros WEF’sformer Chief EconomistSPJIMR participants at Harvard30SPJIMRnews

AlumniOn the moveBook by an Alumni - Rohit Gore, Class of 2003Rohit Gore, alumnus from the class of 2003 inMarketing & IM has written his first novel FOCUS SAM.It has been published by Rupa & Co.PGEMP alumni awardedApril, 2011Mr. Prakash Sharma-Chief Financial Officer at PLEngineering was awarded 'CFO-100 Roll of Honour'at CFO-India's first annual ceremony at Taj President,Mumbai, in the category ' Winning Edge' in Finance forStart-ups. He is alumnus of EMBA- B12, 2008. Thejury members were J.J.Irani - Tata Sons; Damodaran,ex Director of SEBI; Narayan Seshadri Chairman &CEO, Halcyon Group; T.V. Mohandas Pai- Infosys; D.Sundaram, Vice Chairman of TVS Capital; CaptRaghu Raman, CEO National Intelligence Grid andHari Mundra ex Joint Managing Director Essar Oil.AdoRoi is TiE50 - 2011 Award FinalistMay, 2011Mitesh L Thakker CEO & Founder AdoRoi, Inc. is anSYB alumnus. He has been innovating his valueproposition(s) and winning awards nationally andglobally.AdoRoi, Inc. / AdoRoi Marketing Science Pvt. Ltd.is TiE50 Finalist, which is most prestigiousachievement for Global Technology Companiesand is Key Feature of TiE Silicon Valley'sTiE-CON (http://www.tiecon.org/) event at SantaClara, CA USA. on May 13 & 14th, 2011. Only Top 50made to the winning slot.From starting off being ahead of the market, bothAdoroi and marketers are now converging throughcontinuous interaction and market -led innovation.32Alumni AchievementsRahul Sharma, an alumnus is one of the foundersof ProGen Business Solutions founded in 2008.Konnect' a Business Intelligence (BI) Platform for theSocial Media from ProGen Business Solutions wonthe Best Product Award under the Enterprisecategory at Advantage AP Product Conferenceorganized by ITsAP (IT &ITeS Association of AndhraPradesh) during 1st & 2nd March 2011.Sunil Lulla (MMS 1984) is now the ManagingDirector of the Times Television Networks, which ismade up of ETNow, MoviesNow, TimesNow, Zoomat Times Global Broadcasting & ZoomEntertainment Networks.Naresh Mehta (1988 MMS) specialized in HR andjoined Godrej through campus placement. His workcovered IR, handling factory closures, VRS, Strikes,Lockouts and HR including OD interventionsleading Culture Change and LeadershipDevelopment in Godrej, Balsara Hygiene, Blue Star,Blue Star Infotech, iflex Business Solutions. Hejoined Raymond in November 2005 as DirectorCorporate HR and has handled the IR and HRFunction for Apparels, Retail, Shirting and FMCGBusinesses. He has been identified as a potentialbusiness leader and moved into the Retail SBU in acomplete business role as Director-RetailOperations. In this role, he is responsible for thesales and operations of 500+ The Raymond Shopnetwork in the country generating more than` 1,000 crs revenue.Rolls-Royce has appointed Atul Tandon asExecutive Vice-President, Civil Nuclear-India as asignificant step towards positioning itself as a strongplayer in the evolving Indian civil nuclear industry.In his new role, Atul will focus on developingcustomer relationships and growing Rolls-Roycepresence in the Indian nuclear power market.Atul Tandon is a senior executive with 16 years'experience in the industry working for the NuclearPower Corporation of India Limited and has alsoheld a number of senior roles with majorcorporations including Wärtsilä India Ltd. He holdsan Executive MBA from SPJIMR.Contributions by Alumni The alumni from the MMS 1985 batch have initiatedthe idea for a SPJIMR Alumni Fund and havedonated to the fund. Prashant Ursekar, Sunil Dalal,Vivek Damle, Hatim(Asif) Chitwala, Ujwal Andhari,Manu Patel and Parthiv Godiwala made the start. Abhyudaya: This year Bindu Kulkarni (1996) andVivek Kulkarni (1995) were the first to adopt twoSitaras . Mr. RadhaKrishnan Govinda, (1985) hasadopted three "Sitaras". Lovish Jain(2010) alsocontributed to Abhyudaya.SPJIMRnews

AlumniOn The MoveAditya Swamy Channel Head, MTV speaks onMTV.Aditya Swamy, channel head, MTV India and SPJIMRalumnus explains why the youth brand bases itssuccess on more than just ratings.Aditya Swamy's worked atCoca-Cola for 8 years, andshifted to MTV in 2006. “I didtwo summer projects withCoke, including one while Iwas in B-School at SP Jainand joined them in 1998”.Swamy did a lot of work withMTV during his years atCoca-Cola, as heprogressed from sales toMr. Aditya Swamy marketing, including theSprite-sponsored 'One TightSlap' segment on the channel, and a talent hunt for aKen Ghosh movie.Swamy moved to MTV in 2006 and his currentdesignation is channel head, MTV, but he joined thenetwork five years ago as marketing head for MTV,VH1 and Nick.Rahul Agarwal, Ideal Insurance - exclusivechat with ‘YourStory’Rahul Agarwal was looking for a job when a salesmanager at Max New York Life made him aninsurance agent. He was unbelievably effective butinstead of simply basking in theglory, Rahul decided to strike hisown path and started IdealInsurance, which is one ofIndia's leading insurancebroking companies today. Inexclusive chat with YourStory,Rahul spoke about hisentrepreneurial journey andmanaging insurance for assetsworth Rs. 1 lakh crore, withinRahul Agarwalfive years.In 2003, he did his MBA from SPJIMR and wanted tostart something on own. Since he oved sellinginsurance and insurance broking was a relatively newconcept in India, he decided to start Ideal.Google appoints Guneet Singh as Lead,Consumer MarketingGoogle has roped in Guneet Singh as lead ofconsumer marketing initiatives who pined the internetcompany at its Gurgaon office and will report to NikhilRungta, country marketing head of Google India.Prior to this, Singh was co-founder of daily deals orgroup buying site named DealsandYou.com, which heleft after divesting his stake in November 2010. Hewas responsible for the management of internaloperations and marketing of DealsandYou.com.Guneet is PGDM alumnusand has more than 13 yearsof experience. He startedhis career with Samsung,where he was responsiblefor product marketing ofconsumer durables. Singhlater moved to ABN AMROBank as business head,personal loans. In 2005, hejoined Microsoft (India) andwas responsible for Mr. Guneet Singhmarketing of Windows,Hotmail and Bing brands inIndia.Sponsorship portal/platform created by SYBparticipantTo promote corporate sponsorship in different areaslike Art & culture, Education, NGO, Business, Media,Sports events across different regions in India's firstmultilingual portal www.sponsorshipgateway.com hasbeen created by SYB 09 batch student - ChanderMohan Malhotra.Benefits of this platform/portal is that corporatescan contribute by the way ofcash sponsorship as well as"kind sponsorship" in the various forms like BeverageSponsor, Technology Sponsor, Media Sponsor, NewsSponsor, Web Sponsor, Prize Sponsor, Print mediaSponsor, Banking sponsor, CSR Sponsor, TelecomSponsor, Gift Sponsor, Online Radio Sponsor, ApparelSponsor, Logistic Sponsor, Insurance Sponsor, AirlinePartner, Security Partner, Venue Sponsor, LocationSponsor, Decoration sponsor, Catering Sponsor,magzine sponsor after selecting the area of interest .33SPJIMRnews

AlumniOn The MovePGEMP alumnus Vijay Phalod featured in theEconomic Times“Computer engineer Vijay Phalod, 38, who is groupsoftware manager at Mastek, has completed a 21-month general management programme at SPJIMR.He feels executive education programmes are a greatway of gaining a better, all-round understanding ofdifferent functions in a particular job or sector, and canpropel one to the next level, armed with the latestknowledge.” "It really helps in widening horizons andgetting into a role with a wider scope," says Phalod. Itencourages one to grow as a leader."Archana Iyer joins ‘Teach for India’Archana completed her MBA in Marketing fromSPJIMR and joined Nestle India Ltd as a ManagementTrainee. She went on to become an Asst. BrandManager and successfully launched two new productsby leading the projects from consumer research tocommercialization in collaboration with R&D team,Operations & Sales.Later Archana joined Britannia Industries Ltd as aBrand Manager-Innovation in the Health & Wellnessvertical. She worked on the launch of the first everrange of diabetic friendly snack in India. She recentlyenrolled to ‘Teach for India’ emphasizing the role of‘value based education’ at SPJIMR.Her interests are reading, dancing, travelling andcooking.In her own words she tells us Why Teach For India?I want to join the Teach for India Fellowship because Istrongly believe that education holds the key tobuilding a better future. This is because educationextends maximum influence by cultivating futurethoughts and shaping mindsets. At a personal level, Igenuinely feel that I can contribute much more towardssociety as compared to what I do now. I feel the need tobe involved in building a better future and I believe thatTeach for India would be a great platform for me to doso. Also, it is good to read snatches of a problem andform an opinion but it is a completely different ballgame when it comes to understanding the problem andbeing a part of the solution. I believe through thisfellowship, I can gain a perspective on educationalequity and most importantly, understand the nitty-grittyof implementing educational equity on ground. Lastly, Isee myself evolving as a person by being involved in aprogram such as this. From what I read, it only tells mehow much others have learnt and grown during thisjourney and I would like to do the same.ExtremityAs I sit in silent immersion at my favourite deskThe source of all things highBroadcasts the all absorbing milky white lightSweeping through all corners of creationInviting souls to rise upwards in ascension in heartfeltchants of loveThe bliss of one and the bliss of the allMerge into one as the sounds of Advaita pulsate loudand clearIn a transcendental state of unificationThere is no 'I', no 'We', no thought and no emotion; astate of limitless joyAnd just then from the corner of the mind comes alurking questionIf this is only for the chosen, what of the downtrodden?Those young children wandering through cancerhospitalsOr victims of abuse helpless in orphanage homesInnocence lost, no hope and only a constant pain ascompanionWhat crime of theirs was so heinous that fell to theirken: Unending needle pricks and venomousmountains of tormentThe sea of Advaita is silent; There is no answer it offersThe ocean of bliss fades at this visionThe ultimate question is unansweredThe futility of human endeavourThe eventual destruction of man’s greatest worksWhy this dualism do we have to suffer?-Contributed by Sameer Pendse, Alumni34SPJIMRnews

FacultyNewsProf. Radhika Narayanan & Prof. Samish Dalal share their experiences of visit to WhartonBusiness School for a program on Negotiation“The visit to Wharton Business School was a wonderfulexperience. The Executive Education Building, wherethe workshop was conducted, is a vibrant environmentof learning and youthfulness in the campus atUniversity of Pennsylvania. The ENW program offeredgreat opportunity to learn, meet and network withprofessionals from other nationalities.”March, 2011The classroom in progress...Prof. Radhika & Prof. Samish at Wharton Business School“The group size was 26 and the negotiation workshopwas based on numerous case studies that we did byactually being negotiators. The negotiating partnerswere never repeated, which made every negotiationall the more interesting.”“Some Learnings of the workshop were:a. Negotiation is about being what you are. Don't evertry to imitate or mock anyone else.b. Remember for every stimulus that you give, youreceive a response. That may be emotional most of thetimes, hence can highly influence your negotiation.c. It is important to give constructive feedback to yourteammates, if you are in an internal negotiation withinan organization.Studying at Wharton Business School was indeed aperspective opening and vision changing opportunity.The interaction with different people was giving usinsight into the way they saw India. We also hadopportunities to know about different nations, such asMexico, Taiwan, UK, Kenya and USA.”35SPJIMRnews

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