Dr. Shuchita Singh, Prof. Ritu Saxena & Prof. Jyotsana Vaid, Faculty of Management Department alongwith the Director (Management) , Dr. Vidya Sekhri at I.T.S, Ghaziabad attended AIMA's 46th National Management Convention “Creating an Innovative India” on 17th & 18th September, 2019 at Hotel Le Meridien, New Delhi.
The event started with the welcome address by Mr. Neotia, President, AIMA mentioned about increasing global share and global trade governance. Mr. Sanjeev Goenka, Past President, AIMA and Chairman, RP-Sanjiv Goenka Group mentioned about efficiency and innovation in Birla group which has multiplied Birla group by 25 times.Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group mentioned about global uncertainty and he talked about the longerterm view for India to become world’s largest economy.
He mentioned unique Indian way of globalisation covered that bilateral trade between China and USA will be closer.
Mr.Singhania mentioned India as pool of young talent and entrepreneurs. India need to find local solutions to local problems. Mr. Sanjeev Goenka introduced Mr.Amit Shah, Hon. Home Minister, Government of India talked about iron man Sardar Vallabhbhai Patel towards the sovereignty of India. He talked about multiparty parliamentary system in 2014. He mentioned that growth in agricultural and industrial has been taken hand in hand. Mr.Ravi Shankar Prasad, Minister of Law and Justice; Communications; Electronics and IT, Government of India mentioned that if India want to emerge there has to be emphasized on reform, perform in order to transform.
In Next session Pranjal Sharma being the session moderator asked the purpose of AI and Mr. Amod Malviya explained AI as a medium to give personalised access to intelligence. Mr. Sandipan mentioned AI as logical programmingand further ad technological astrology. Amod referred AI as GPT(general purpose technology). Mr. Amod updated that UDDAN is a B2B company, where they deal in fraud detection, forecasting demand, logistics network design, on real time basis. Mr. Rishab talked about identifying skills through AI.
Panel Discussion Economic Reforms for New India was graced by the presence of Sudhir Jalan Chairman, Neo Foods Pvt. Ltd. Panelists Vikram Singh Mehta Chairman, Brookings India & Senior Fellow, Brookings Institution Ajit Ranade Group Executive President and Chief Economist, Aditya Birla Group Akhil Bansal Deputy CEO, KPMG in India TN Ninan Chairman, Business Standard Pvt Limited. In this session major points discussed were measures to boost GDP, support to SME and ease of business to SME.
Panel Discussion Making India a $ 5 trillion-dollar economy in the next 5 years, was actually a good discussion between Mr. Sanjeev Sanyal Principal Economic Adviser in Ministry of Finance Government of India and Mr. Sunil Kant Munjal Past President AIMA & Chairman, Hero Enterprise.
Last session of the day was Ease of mobility: Innovations for faster, safer transportation, witnessed a very motivating address by Mr. Nitin Gadkari Minister of Road Transport & Highways; Micro, Small & Medium Enterprises Government of India, who shared the developments been taken to increase transport through water ways and developing network of industrial corridors.
First session of next day was Panel Discussion: - Innovation first: Disruption as Strategy followed by the session Winning in the Digital World, Panel Discussion: - Reviving Growth: An Imperative for India and Creative Nation: Fostering a Culture of Innovation. In this session Mr. Amitabh Kant CEO, NITI Aayog emphasized on India needs to move on from adoption and adaptation of innovations to creating previously unthinkable technologies, processes, products and services. Innovation is not about meeting the needs but about redefining the needs, and it demands a big shift in everyday attitudes and practices.
The Convention was a great experience.
Faculty of Department of Management at I.T.S Ghaziabad and PGDM IInd Year Finance Specialization students attended Delhi SME Finance Summiton 20th August 2019.
The Inaugural Session was chaired by Mr. Jyotiprakash Gadia, Co-Conveynor CII Delhi Panel on SMEs & Finance & Manading Director, Resurgent India Limited, Mr. Abhimanyu Munjal, Chairman CII and Joint MD and CEO, Hero Fin Corp. Ltd., Mr. Vijay Kumar, Director, MSME – Development Institute, Ministry of MSME, GOI, Dr. Rajesh Yaduvanshi, Executive Director, PNB, Mr. Shreekant Somany, Chairman CII National MSME Council and Ms. Meenakshi Lekhi. The session focused on growth of SME sector and their contribution in GDP by 2025, Public Procurement Poliicy and SAMBANDH scheme to promote SMEs. Further emphasis on collateral in banking and credit linked capital building schemes were discussed.
In the First Plenary Session Mr. Sameer Mehta, Hero Fincorp, Mr. Abhay Kishore Pandey, GM, SBI, Mr. Ram Kumar, Zonal Head PNB, Mr. Bhavendra Kumar, DGM, Canara Bank and Mr. Ajay Mishra, Head-SME Finance PaisaBazar.com participated and the emphasis was on application of FINTECH to fasten the lending process in SME sector.
A very interesting session on Wealth Creation and Maximization was taken by Mr. Varun Malhotra, Director EIFS Pvt Ltd.
Last session for the day was on Mitigating Risk through appropriate Insurance Coverage. Speakers for the session were Mr. Gultosh Bahl, SME-Area Channel Manager, SBI, Mr. Faiz Ahmad, Head-SME Broking, ICICI Lombard, Mr. Jitendra Singh-Corporate Underwriting, ICICI Lombard and Mr. Sajja Praveen Chowdary, Vice President, Policybazaar.com. This session was focused on issues like trade credit insurance, Risk Mitigation, Reinsurance and Contigent Business Interruption in SME sector.
I.T.S - Mohan Nagar organised a visit of PGDM (2019-21) students to attend HR conclave "Roadmap for Reinventing Human Resources” on 26 July 2019 at Le Méridien Hotel, New Delhi.
The 5th Edition of Delhi HR Conclave was organized by Delhi chapter of CII (Confederation of Indian Industry). The aim of conclave was to discuss the opportunities and challenges created by Artificial Intelligence, Social media and increasing diversity at workplace as Social media has become a rudimentary practice for every organisation.
Eminent speakers for day were Ms. Talish Ray, Co-Convener CII Delhi panel on HR & strategy and Managing partner TRS law offices, Mr Harbhajan Singh, Director General and Corporate Affairs, Honda Motorcycle & Scooter India, Mr Vijay Sethi, CIO & Head CSR, Head HR Hero Motocorp Ltd., Mr Ajay Kashyap, Director General, Home Guard GoI, Mr. Chandan Sengupta, CHRO Sandhar Technologies Ltd., Mr. Rajeev Kapoor Executive Director, UNO Minda, Mr. Kamal Dutta MD India Skillsoft & Sumtotal, Ms. Shipra Singh Director HR Microsoft, Mr. Ajay Shah Head Recruitment Team lease Services, Ms. Sangeeta Ratra Director HR & Training Le Meridian Delhi, Ms. Divya Kohli HR Business partner Nestle Nutrition, Ms. Sunaina Matoo, Chief People Officer & Head Bajaj Capital, Mr. Ashu Malhotra, HR Market Lead Indian Subcontinent Cargill India and many more.
It was a highly informative discourse which enabled all present to gain a new perspective in adaptation of latest technologies and strategies to get benefitted from workplace diversity to be future ready.
Dr V N Bajpai and Dr D K Pandey of I.T.S - Mohan Nagar conducted Faculty Development Programme (FDP) on "Learner Centric Pedagogy: Contemporary Tools and Techniques" on 17.07.19 at Ideal Institute of Management & Technology, Delhi (IP University).
The session was the part of one week FDP on "Integrated Technologies, Approaches and Effective Didactical Mechanism in Teaching, Learning and Research in current Scenario" organized jointly by MSME Technology Development Center (A Govt of India Organization under Ministry of MSME) & IIMT Delhi.
The session was a demonstration of pedagogy for participants to involve the learners leading to better understanding of concepts and sharpening the transferable skills. Some of the tools for effective quizzing were also discussed with the participants.
More than 50 faculty members of Management, IT and Law from different institutes participated in this FDP.
PG faculty Dr. Vivek Pachuri attended a Eight Days Faculty Development Program on "Universal Human Values and Professional Ethics" at Indraprasth Engineering College Ghaziabad.
The program was organised under the series of Value Education cell, AKTU. The objective of the program was to make aware and enrich the participants with need of value education and their holistic development which in turn can shape or reshape holistic development of students in today's complex and multidimensional environment. The session were really full of enthusiasm and energy along with learning outcomes. Under this program, I got opportunity and a platform where I could be able to understand process of self exploration with the help of new proposals and basic human aspirations with an excellent of mix pedagogy. I hope and shall try to apply my efforts in a direction to reap more benefits of workshop via process of transformation in self in order to give benefits to my students and society too.
Department of Management at I.T.S Ghaziabad organized visit of 49 students from PGDM First Year to ONGC Auditorium at the Deen Dayal Urja Bhawan for the 9th Subir Raha Memorial Lecture, to be delivered by Dr. Kirit S. Parikh.
The session started in the evening at around 6.30 PM with Dr Parikh being accompanied on the stage by Mr. Uddesh Kohli, Chairman, UN Global Connect Network India (GCNI); Mr. Shashi Shekhar, President GCNI and Chairman of ONGC Group of Companies; Mr. Kamal Singh, Executive Director, GCNI; and Mr. Vinod Pandey, Vice President (North) GCNI and Director (Corporate Affairs and Sustainable Development), BMW Group.
The opening address was delivered by Mr Kohli, as he charted out the achievements of the GCNI under the late Subir Raha, who was the Founding President. Then Mr. Shashi Shekhar came forward for the welcome address, where he spoke about the contribution of ONGC to the Sustainable Development Goals (SDGs) as mandated by the UN.
Finally it was time for Dr. Parikh to deliver his lecture. In a focused and concise manner Dr Parikh touched upon issues like the need for sustainable development in India; how we can go about implementing processes for accomplishing the SDGs here; the important role of CSR in this regard and how Indian corporates are gearing towards the same; sectorwise emission of greenhouse gases and how to bring them down; and periodic assessment of impacts and effects. To make things topical, Dr Parikh referred to how the Economic Survey of the Government of India released the previous day had stressed on understanding people’s behavior and nudge them towards responsible actions.
It was a highly informative discourse which enabled all present to gain a clear perspective on the progress made in this connection in India, while also getting an idea about the road ahead. The lecture was followed by a Q&A session which drew some thought provoking questions from the gathered audience. Finally Mr. Kamal Singh delivered the vote of thanks to one and all.
It was an enlightening session which enthused the assembled representatives from industry and academia. Students found it particularly informative with plenty of food for thought.
Department of Management at I.T.S Ghazibad organized visit of PGDM Ist Year students to attended the session on budget overview 2019 called by PHDCCI at their premises, where elite scholars and business stalwarts delivered their expert opinion on the subject.
Mr. Gopal Krishna Agarwal National spokesperson of BJP expressed that to reach pinnacle of healthy economy we need to focus on investing for asset and make our country as export hub. He specifically mentioned that we are earmarking capital of 5 trillion in next five years reflecting upon the confidence of the current Indian government.
Mr. Pradip Chaudhary, former chairman of SBI to a response on private investment spoke about wealth Investment from 1992 where gigantic companies like Reliance, ITC, Hindustan Uniliver have been some known manufacturers. There is a need to focus on increasing manufacturers. The discussion further highlighted that we have CRR of 125 lakh crores keeping 5% as sterilized which need to be subsidized. This has a direct bearing on managing NPA’s. The banking system suggests 5 yr repo rate of 8 % growth. We should not agonize on repo rate as postal savings are still showing we have chance of better growth in investment. The predominant reason for buying bullet train from Japan is credit given by them worth 100 billion dollar otherwise they are unsuccessful in competitive bidding.
Mr. Akhil Bansal Deputy CEO of KPMG to the question on if we are too late to focus on manufacturing firm as data has taken different route responded that we should have optimistic approach and he suggested that it is correct time to boost manufacturing sectors. India still required 10 % 12% growth to reach the target of 5 trillion goal.
Mr. Rajeev Talwar, Chairman of PHDCCI concluded the session by asserting that we need be multi dimensional while approaching the policies and not be pessimistic and work towards road mapping country in better economical situation.
The visit overall served as a quality learning avenue for students.
Faculty of Department of Management at I.T.S Ghaziabad, Prof. Ankur Ahuja successfully completed one week Faculty Development Program on Advance Data Analysis & Techniques: SEM & Econometrics during 24thto 29th May, 2019 at Maharaja Agrasen Institute of Technology.
The FDP was focused on giving hands on experience on Data analysis software’s like AMOS, E-Views & SPSS. FDP was packed with session delivered by Dr. Hamendra Kumar Dangi, University of Delhi & Dr. Sunita Arora the eminent speakers from academia. The Welcome address was delivered by Dr. Amit Gupta, HOD, Department of Management, MAIT.