I.T.S - Institute of Management Greater Noida, a constituent of ITS-The Education Group and Institute of Public Enterprise (IPE), Hyderabad have organized a 2- day international conference on the theme “Globalizing Management Education: Issues and Challenges for Industry & Academia” on February 5-6, 2011 at India Habitat Centre, Lodhi Road, New Delhi. The conference aimed to provide opportunities for academicians, researchers, corporate executives, students and experts from different countries to share, learn and contribute to the discussion on:

1. Understanding Global Management Education;
2. Management Education: Issues and Challenges;
3. Legal and Regulatory Issues in Management Education Sector;
4. Role of Private and Government Institutions in Management Education; and
5. Role of Industry in Management Education;

Mr. Aswin K. Shrestha Honorary Consul of Nepal in Slovenia was the Chief Guest of the inaugural session. Guest of Honour was Mr. Sushil Kumar Roongta, Former Chairman of Steel Authority of India Ltd. (SAIL). He focused upon the role of industry in shaping the future management education.
The Welcome Address was given by Prof. P. Nayak, the Chairman of the Conference and Director, ITS-Institute of Management. He welcomed the Chief Guest, Guest of Honor, the Keynote speaker, and other dignitaries present on the auspicious occasion.

 

Inaugural session was presided by Prof (Dr.) D.S. Chauhan, Vice Chancellor, Uttarakhand Technical University, Dehradun. Dr. Chuahan said that for any action one wishes to perform, one should have detailed knowledge. Prof. Ishwar Dayal, Former Founder Director of IIM, Lucknow, Former Senior Professor of IIM, Ahmedabad and IIM, Calcutta was the keynote speaker.He outlined all salient points related to the concepts, issues & challenges faced by Management Education in globalized era. He emphasized on role of corporates in the development of management education world over. He also mentioned that there is a need for integrating practical training and simulation in management education and making it socially relevant.
Mr Arpit Chadha (Vice Chairman ITS- The Education Group) and Mr. S. Sood (Chief Administrator) also graced the occasion. A book containing the papers presented in the conference was released by Prof. Ishwar Dayal and the souvenir of the conference was released by Mr. Sushil Kumar Roongta. Vote of Thanks for the inaugural session was given by Prof. R.K. Mishra, Director, Institute of Public Enterprises & Conference Co-Chairman.

 

The 1st Technical Session was on the subtheme “Understanding Global Management Education”. The session was chaired by Prof. J. Philip, President & Director Emeritus, XIME, Bangalore and Former Director, IIM, Bangalore. He talked about four new developments that are happening internationally in Management Education:
- Internationalization of curriculum
- Entrepreneurship
- Ethics and CSR
- International Partnership

The another eminent speaker of the session Dr Štefan Bogdan Šalej, Director General, International Center for Promotion of Enterprises (ICPE), Slovenia, EU said that the world over the Management Education is USD 4.6 billion industry. He spoke on the need for long term and sustainable approach to International Management Education.Further; the following issues were discussed in the first technical session:

• Trends of development in management education in emerging economies
• Impact of globalization on management education
• Global practices of management education

The session ended with 8 paper presentations on the globalisation and sustainability issues of management education.

The 2nd Technical Session on the subtheme “Management Education: Issues and Challenges” was chaired by Prof (Dr.) D.K. Bandyopadhyay, Vice Chancellor, GGSIP University, New Delhi. Dr. Ishrat Husain, Director, Institute of Business Administration, Karachi, Pakistan was then invited to share his thoughts on various issues and challenges faced by the management education in the developing countries. Dr. Hussain talked about the drivers of globalization that become the issues to be addressed by Management Education.Dr. Rakesh Mohan Joshi, Professor and Chairperson, MDP, Indian Institute of Foreign Trade, New Delhi also deliberated on the following issues:

• Competitive advantage in dynamic management education
• Stakeholders expectations from present management education system
• Future prospects of management education in India

There were 8 paper presentations on the issues related to quality and excellence of management education, challenges faced by management education system in different countries. 

The last session of the day was a panel discussion on the topic “Requirement & Relevance of Globalization of Management Education in India”. This session was chaired by Dr. Arun Kumar Rath, Professor & Dean (Public Policy), MDI, Gurgaon & Retd. IAS. Dr. Rath was Former Secretary to Govt. of India, Ministry of HRD. The other panel members were Prof. (Dr.) N. Panchanatham - Chair, Professor and Head, Department of Business Administration, Annamalai University and Mr. Suresh Dutt Tripathi, President HR, SRF Limited. The issue of establishment of foreign university in India and the opportunities for Indian B- School abroad was discussed at length.

The day two of the International Conference started with the 3rd Technical Session on the subtheme “Legal and Regulatory Issues in Management Education Sector”. The session was chaired by Mr. Aswin K. Shrestha, Honorary Consul of Nepal in Slovenia. Dr. Andrej Kumar, Full Professor, Ljubljana University, Slovenia-EU was the keynote speaker who shared his thoughts on the following sub-themes.

• Global strategies for management education
• Expectations from proposed education bills in India
• Foreign investments in management education sector

The 3rd session ended with presentation of 5 papers on various topics related to the session theme like FDI in Education, Management education practices, Organisational Justice and its impact on education.

The 4th Technical Session on the sub theme “Role of Private and Government Institutions in Management Education” was chaired by Dr. Muneesh Kumar, Professor, Delhi University & Former Dean, Faculty of Commerce & Business, Delhi University. Dr. Sanjay Sehgal, Professor, Delhi University, & Former Dean, Faculty of Commerce & Business, Delhi University, India presented his views on the role of government institutions/universities in management education. As one of the eminent speakers of the session, He emphasized on Public-Private-Partnership model for management education in India. Thereafter, Prof Raj Singh, Vice Chancellor, Amity University, Rajasthan presented his views on the theme and highlighted roles of private Universities and institutions in imparting management education in India and need for joint efforts on both government and private institutions in ensuring quality education for young MBA aspirants. The main issues discussed in this session were:

• Contribution of public and private sector to management education
• Industry opinion regarding effectiveness of management education in the present scenario
• Public-Private-Partnership (PPP) for quality management education
 

Thereafter 10 papers were presented on the issues of educator’s role in management education, effects of rapidly increasing management institutes on quality of education, role of B-Schools in grooming management graduates and practices of private and government institutions.

Technical Session 5 on subtheme “Role of Industry in Management Education” was chaired by an eminent industrialist Mr. Mukul Chaudhary, Managing Director of CHW Forge Ltd., India.Prof. (Dr.) N. Panchanatham, (Chair, Professor and Head, Department of Business Administration, Annamalai University), as keynote speaker gave inputs on all the possibilities of the role of industry in the development management education and interesting facts of mismatch between industry requirement and attitude and behavior of management graduates today. The other speaker of the session was Mr. Abdul Aziz, Head-Business & Domain Training, HCL Technology, India, who talked about the role of corporate and contribution of companies like HCL in the development of management education.
This session culminated with 6 paper presentations focusing on leveraging the industry for the betterment of management education.

Dr. Bhure Lal, Retd. IAS was the chief guest for the valedictory session of the international conference. He is currently the Chairman, Environment Pollution (Prevention) Control Authority (EPCA). He was also a Former Member of the UPSC, Government of India. Guests of Honor of the session were Dr Štefan Bogdan Šalej, Director General, International Center for Promotion of Enterprises (ICPE), Slovenia, EU , Dr. Andrej Kumar, Professor, Ljubljana University, Slovenia-EU and Dr. Ishrat Husain, Director, IBA , Karachi. Mr. Bhushan Arora, secretary, ITS – The Education Group, Dr. P. Nayak - Director ITS Institute of Management, Dr. R.K. Mishra – Director Institute of Public Enterprise (IPE) and Mr. Surendra Sood, the Chief Administrator of ITS – The Education Group were among the luminaries who graced the occasion.

Prof. R.K.Mishra spoke about the outcome of the conference and Dr. P. Nayak proposed the formal vote of thanks.
 

A two day national seminar on “Customer Experience Management-Preparing for the Future” was held at I.T.S-IM on 24th & 25th September 2010.

The first day comprised of an inaugural session followed by two technical sessions and one panel discussion. The chief guest for the session was Mr. Srikant Acharya, CEO, Ecolabs Infomix, Guest of Honour Dr. Vinita Sahai, special invitee Mr. Arpit Chadha ,Vice Chairman, I.T.S group of institutions. The theme for the first session was “Growth strategy in challenging economic times”. The topic of deliberation for the second session was “Winning Customers for lifetime” and the third technical session which was a panel discussion was “Improving Skills for Better Customer Management”. The second day of the seminar was dedicated to paper presentations by eminent academician and delegates from the corporate world.
 

A seminar on "Corporate Governance: A tool to burst financial bubbles" was organized on March 6 & 7, 2010 to create more awareness about the policies, procedures and rules governing the relationships between the shareholders, stakeholders, directors and manager in a company, as defined by the applicable laws, the corporate charter, the company's by laws, and formal policies outlined by the Corporate governance. Participants were from industry, faculty members in Business Schools and student managers got benefits from the deliberations as they received valuable inputs from the experts who might be practicing this in their organization or moving forward towards establishing well-governed organizations. The Seminar aims to provide a platform for academicians, research scholars, practicing managers and students of management to develop, contribute and present papers on the issue.

Corporate governance is an integral part of the larger economic context in which firms operate that includes macroeconomic policies and the degree of competition in product and factor markets. The corporate governance framework also depends on the legal, regulatory, and institutional environment. In addition, factors such as business ethics and corporate awareness of the environmental and societal interests of the communities in which a company operates can also have an impact on its reputation and its long-term success. While a multiplicity of factors affect the governance and decision making processes of firms, and are important to their long-term success, the Principles focus on governance problems that result from the separation of ownership and control. However, this is not simply an issue of the relationship between shareholders and management, although that is indeed the central element. In some jurisdictions, governance issues also arise from the power of certain controlling shareholders over minority shareholders. In other countries, employees have important legal rights irrespective of their ownership rights. The Principles therefore have to be complementary to a broader approach to the operation of checks and balances. Corporate governance is affected by the relationships among participants in the governance system. Controlling shareholders, which may be individuals, family holdings, bloc alliances, or other corporations acting through a holding company or cross shareholdings, can significantly influence corporate behavior.  

A seminar on "Supply Chain Management in SME's: Gaining Competitive Advantage" was organized to create more awareness about the benefit and need of supply chain practices to make the SME's competitive. The Seminar helps in bringing together academicians and industry practitioners to meet, discuss, exchange views & experiences, and encourage collaborative research on Supply Chain Management in SME's for competitive advantage. The Seminar aims to provide a platform for academicians, research scholars, practicing managers and students of management to develop, contribute and present papers on the issue.

Supply Chain Management in SME's

SME's are very vital and integral part of the Indian Economy and represent an important and vibrant pillar to the economic structure of India. The benefits of improving the performance of supply chain have included both revenue growth and higher profitability for organization and Supply Chain partners. Supply Chain Management has now grown much bigger than just taking care of supplier and distributors of company. Supply Chain Management is now an established concept in India and has come up as a source of gaining advantage in business world over as it focuses on developing a system that meets custome's requirements at lowest possible cost.

Enabling small and medium-sized enterprises (SMEs) to enter the international supply chain relies on the development of a supportive business environment for SMEs and the build-up of the human, technical, and financial capacity of these SMEs so they can understand the policies and operations of global supply chains and profitably respond to those requirements.

A two day National Seminar on "Changing Trends in HRM" was organized on 22nd & 23rd August, 2009.

National Seminar on "Innovative Approaches to Marketing: Turns Customers into Raving Fans" was organized on 21st March, 2009.

National Seminar on "Global Financial Crises" was organized on 20th December, 2008.

National Seminar on "Talent Management" was organized on 6th September, 2008.