Department of management at I.T.S Ghaziabad organized an alumni talk for the students of PGDM (2019-21) batch
on 30th November, 2019. Mr. Saleem Ahmed, alumnus of PGDM (2004-06) Batch, at present associated with Godfrey Phillips India ltd. as Zonal Manager – Retail Operations interacted with students on the topic “Managing Retail Operations”.
He covered various dimensions of retail operations including
· How to motivate and inspire the store teams to meet or exceed business goals and KPI's.
· How to track the performance of the stores against the set yearly, quarterly and monthly business plan to ensure that the store operations meets the revenue targets
· The process of carrying out market research and Identifying potential markets for new store opening
· How to capture performance of each store on a daily basis and understand the reason for non-performance through use systems and models.
He said that “retail store should attract new customers – and entice regular customers to keep coming back. After all, customers are the lifeblood of any retail business so your retail operations need to be as smooth as possible.”
Mr Saleem shared many examples of corporate world to supplement his thoughts and analysis. It was a very interactive session leading to better understanding of the concepts and management practices for the students. In response to a question of students he mentioned that career in retail operations management may be a good fit for those who enjoy working with a variety of people. It was a great learning experience for the students., , ,
Corporate Talk session by Mr.Shiv Kumar Seth, General Manager & Global Product Marketing Head, Solar Lighting- Signify Innovations India Ltd.(Formerly Philips Lighting India Ltd.) for PGDM
Department of Management ITS, Mohan Nagar, Ghaziabad organized Corporate Talk on the topic “Key Marketing Values”on 30th November, 2019
Mr.Shiv Kumar Sethemphasized that Marketing’s purpose is to create the right volume of customers willing to pay for a good or service in a way that will ensure the long-term profitability of the business.He discussed in detail that we need to identify, prioritize and accelerate actions to focus on the strategies and tactics that have the greatest influence on value.
Mr. Seth explained that to create value the organizations need to focus on their core values that can guide the decision making process in a variety of situations, but only if they’re codified and adhered to. He said that evolve and adapt to deliver outstanding results by establishing a culture of exceptional execution and rewarding those who create great outcomes. He said to be honest, transparent and committed to doing what’s best for your customers and company.
Mr. Seth further emphasized to connect with your customers, partners, consumers and each other to drive success to build relationships/ deliver results and becommitted to continuous investments in the growth of our team members. We also ask our teams to actively take responsibility for their own self-development.He has given mantra to Think like customer and act like owner. At the end of the corporate lecture, a special vote of thanks was given to him., , ,
The Reader’s Café – Library Clubof department of management at I.T.S Mohan nagar organised an activity “Take a Step Ahead” for students of PGDM (2019-21) Batch on 28thNovember, 2019. It comprised of two rounds full of learning, fun and excitement.
In the first round, students participated in Quiz comprising of interesting questions from current happenings in the business and political arena. Around 50 students participated in the first round. For the second round, top 10 students were shortlisted based on the results of the first round. In the second round, participants were given contemporary and abstract topics on the spot on which they were required to think and speak for 2minutes. Students participated very enthusiastically and presented their views and ideas in a creative manner. Top three winners were selected based on content, confidence, creativity, out of the box thinking and body language exhibited during their performance.
The event witnessed an enthusiastic participation from the student participants as well as the audience. Audio and Video Question-Answer rounds were conducted for the audience and chocolates were distributed to the students for correct answers. Winners were felicitated with attractive prizes given awayby Director Management, Dr. Vidya Sekhri, Event Coordinator, Prof. Shikha Arora and Dr.Kalyan Kumar Dey.
First Prize was bagged by Riya Natta, second prize winner was Ayushi Tyagi and third prize winner was Ratnesh Asthana. A lucky draw was conducted for the audience in which all the members in the audience were invited to share their aspiration and Tushar was selected as the Lucky Draw Winner.
All the students participated with lot of zeal and were motivated by the inspiring words of Director Management, Dr. Vidya Sekhri., , ,
Prof. Yachna Malhotra of I.T.S - Mohan Nagar Faculty of management Department, conducted Faculty Development Program on “Clinical Communication for the faculty members of I.T.S Dental College Murad Nagar Campus on 27thNovember,2019
Prof. Yachna focused on importance of Clinical communication in Medical Profession and for achieving professional excellence. With experiential exercises, and Listening techniques, she sensitized the importance of active listening to improve doctor patient relationship.
The training was a mix of both the slide show coupled with some interesting activities to sensitize the Faculty members (Doctors) for giving effective and quality service in general and making their interactions with patients more polite, clear and result oriented.
Various exercises helped participants to identify specific tools they need to use, to gain control of their time. The learning environment was highly interactive and resulted in deep routed team cohesiveness among the participants., , ,
Utthan, a CSR initiative of I.T.S - Mohan Nagar organised an activity based on the theme of "Children’s Day" for the school students on 22nd November, 2019 in the campus.
In the first segment of the activity, ‘Poem Recitation’ competition was held for the students of first to fourth standard. ‘Drawing Competition’ was conducted for the students of fifth to eighth standard and ‘Extempore’ was held for the students of ninth standard onwards.
In the second segment, Students performed respective activities quite well and with full enthusiasm.
Student volunteers of PGDM first year explained the importance of celebrating Children’s day to them which is celebrated every year on 14th November.
Best performers were awarded with prizes by Dr. Vidya Sekhri, Director (Management) and faculty coordinators, Dr. Nitin Saxena and Prof. Shilpi Vaish.
All the students were given refreshment at the end of the session., , ,
Management faculty members Dr Indraneel Mandol and Dr. Rajeev Johari attended India Today State of States Conclave at the ITC Maurya, Chanakyapuri, New Delhi on 22nd November, 2019.
The Conclave was being organised by the India Today Group as a continuing programme of recognising the major achievements of the states of the nation within a competitive framework. The Chief Ministers of states like Rajasthan, Himachal Pradesh, Manipur, Arunachal Pradesh and Puducherry were present on the occasion along with several ministers and bureaucrats from states that were to receive the awards. MrPrakash Jawadekar, Minister of Environment, Forest and Climate Change, Government of India, was the Chief Guest for the function. The session was presided over by Mr Raj Chengappa, Group Editorial Director (Publishing).
At first the different Chief Ministers came forward to speak of the achievements of their respective governments. Thus Mr V. Narayana Swamy from Puducherry pointed towards the economic development in his state; Mr Jairam Thakur from Himachal Pradesh referred to environmental initiatives and developments in education; Mr Prema Khandu from Arunachal Pradesh explained the challenges of development in a hill state; N. Birendra Singh from Manipur discussed how they had managed to bring insurgency in the state under control.
Then MrJavadekar came forward to congratulate all the states on their accomplishments and quipped that cooperative federalism was exemplified as cooperation through competition. Along with Mr Aroon Purie, founder-publisher and former Editor-in-Chief of India Today, he then unveiled the new State of States issue of the magazine. Finally the awards were handed to all the dignitaries.
The occasion was instrumental in bringing together dignitaries from both the Central and state governments and facilitated the interaction on the roles to be played by each in the New India, , ,
Department of Management at I.T.S, Mohan Nagar, Ghaziabad organized Corporate Talk on the topic of “Changing Strategic Dimensions” on 22nd November, 2019.
He shared his own experiences how and why you can no longer just rely on the old formulas. He emphasized that it was not the results but right strategies with adaptability leads to sustainable success.
He started with Blue ocean and Red ocean strategy and emphasized the continuous interaction among changing dimensions. He said that change should not be considered only in terms of the processes, but should also consider the historical, cultural, and political features of the organization.
Successful change is a result of the interaction between the content or "what" of change; the process or "how" of change; and the organizational context or "where" of change. Based on substantial empirical research, he also presented 5 Central Interrelated Factors, which allow for successfully managing changing strategic dimensions: Environment Assessment, Human Resources as Assets and Liabilities, Linking Strategic and Operational Change, Leading Change, and Coherence.
He suggested that change must moves the organization forward and bundling of operational activities is powerful and can lead to new strategic changes. Employees should know that they are seen as valuable, and they should feel that the organization trusts them.
Mr. Mishra advocated that Success is no mystery. It takes positive attitude and determination to succeed. There were frustrations, fears, uncertainties and hardships but with each small step aligned with intended changes, it can be conquered. At the end of the corporate lecture, a special vote of thanks was given to him., , ,
Department of Management, I.T.S organised a visit for MBA (2019 – 21) and PGDM (2019 – 21) batches to India International Trade Fair, Pragati Maidan New Delhi on November 21, 2019.
It is one of the largest integrated Trade Fairs with both B2B and B2C components. It provides a great platform for trade and industry for sourcing, finding buyers, business interactions, technology transfer opportunities, test marketing, and market access. The theme of this year's Trade Fair was “Ease of Doing Business”. This fair also commemorated the rise of India's ranking in the 'Ease of Doing Business index' globally. The ease of doing business index is meant to measure regulations directly affecting businesses and does not directly measure more general conditions such as a nation's proximity to large markets, quality of infrastructure, inflation, or crime. This is an empirical research conducted by the World Bank to justify their work show that the economic growth impact of improving these regulations is strong. The status of 'Partner Country' had been bagged by 'The Islamic Republic of Afghanistan' and 'The Republic of Korea'was the'Focus Country'. Other countries participating in the annual fair are Australia, Bahrain, Bangladesh, Bhutan, China, Egypt, Hong Kong, Indonesia, Iran, Myanmar, Nepal, Thailand, Tunisia, Turkey, the UK and Vietnam.
The students visited various stalls and had a chance to meet some of the participants both Indian as well as International companies. They had interactive sessions with them and discussed the ease and scope of doing business globally and domestically. They gained insights into the various challenges these companies face in doing international trade and how do they manage them. The students were also enlightened about the various advantages of participating in such trade exhibitions and fairs. They understood the role of Trade fairs as a means of showcasing the products and services and also increasing business and networking opportunities., , ,
GUEST LECTURE ON “DISTRIBUTION CHANNEL INTERMEDIARIES & SUPPLY CHAIN MANAGEMENT (SCM)” BY DR. ABHISHEK SINGH
Management Departmentat I.T.S Ghaziabad organised Guest Lecture for the PGDM-II students on “Distribution Channel Intermediaries & Supply Chain Mgt”
by Dr Abhishek Singh, Regional Purchase Manager: Britannia Industries Ltd. on 21st November, 2019. The session started with the welcome remarks of Dr Vidya Sekhri (Director- Management) and she presented a plant sapling to the guest.
Dr Abhishek has around 20+ years of experience in the field of Logistics and Supply Chain Mgt (SCM). He is currently handling a complex supply network of over 60 factories and over 400 raw-materials (RM) & Procurement Management (PM) of suppliers, which makes Biscuit/ Cake/ Rusk & Bread. He very vividly shared the concept of distribution system and aligned the concept with the example of Britannia and other leading players from the industry. He described the value proposition being created by an efficient supply chain management. He supported the concepts by using FMCG (Food & Beverages) industry examples and shared very useful tips regarding the present slowdown in the industry. He spoke about types of intermediaries and its role in increasing the efficiency of the company. The session was highly interactive and interesting. Students asked variety of questions related to supply chain management., , ,
Corporate Talk Session by Mr.Sanjay Hallon, Group HR Director, Al Serkal Group, UAE and MD, Inside-jobs Consultancy, UK and UAE for PGDM
Department of Management at I.T.S, Mohan Nagar, Ghaziabad organized Corporate Talk on the topic of “Organizational Design, Change and Communication” on 21stNovember, 2019.
Mr. Hallonshared that Our Organizational Design efforts should be directed at assessing and reshaping an organization’s structure—including its processes, methods and skills—to facilitate the workflow that enables an organization’s mission.
He emphasized to reinforce the change and create accountability by monitoring results. Reward and celebrate those who demonstrate desired behaviors. He said that ffective organizational change results from a comprehensive, evolutionary process that maximizes the impact on major projects and initiates a culture change for today’s evolving business environment.
Mr. Hallon said that many organizations are simply not set up for agile change and the design of many organizations slants the playing field toward controllability, stability, , risk-avoidance, zero-tolerance for error, or deference to authority. The result is friction, fatigue, and cynicism.
He said that organizations should facilitate to achieve an integrated system of processes, people, information and practices that will address a set of objectives consistently, repeatedly, and completely. At the end of the corporate lecture, a special vote of thanks was given to him.
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