Faculty attended Budget Viewing Session at PHDCCI, New Delhi
Dr. Rajeev Johari attended the session on budget overview 2020-21 called by PHDCCI at their premises, where distinguished scholars and business stalwartsdelivered their expert opinion on the subjectfollowed by collective viewing of the budget telecast and discussions on it.
Mr. D. K Aggarwal, President, PHD Chamber gave his welcome remarks focusing on health sector of economy as well as on tax reforms as the need of the current economy of the country. There were varied experts from taxation, academia, think tank, industries, media and banking sector who interacted over the opening remarks.
Mr. Gopal Krishna Agarwal National spokesperson of BJP expressed that to reach the summit of economy, we need to focus on investing for asset and make our country an export hub by focusing on every district and the product characterizing it.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. Sanjay Aggarwal, Senior President, PHD Chamber highlighted his views on social sector and infrastructure sector of the economy.Mr. Pradeep Multani, Vice President, PHD Chamber and Mr. Rajeev Talwar and other experts commented on the health sector and corporate taxation.Mr. Lalit Khaitan, Chairman, Economic Affairs Committee, PHD Chamber expressed his views on the working system of cyber security and artificial intelligence as the essential part of our economy.
These were followed by Pin pointed deliberations by Dr. Rajat Kathuria, Director and CE of ICRIER and Dr. Subhash Chandra Pandey, former Special Secretary & Financial Advisor, Ministry of commerce and Industry, Ministry of Heavy Industries and Public Enterprises, Ministry of Textiles on the subject of start ups and small scale enterprises towards the boosting up of economy. Dr. Rajat focused on the subject of international and Indirect tax structure. Prof. Rajesh Chadha, Program Director- National Resources, Brooking Institution in his pinpointed deliberation expressed thoughts on institutional growth and foreign investments.
Mr. Rajeev Talwar,Chairman of PHDCCI concluded the session by asserting that we need be multi dimensional while approaching the policies.
Overall the message of the budget speech by Finance Minister Nirmala Sitaraman touches upon the three pillars like aspiration economy, economic development, and caring society for women, enterprises, startup, housing, culture, tourism, infra, taxation and health sector and skill education that should be invested with young minds and engineers.,
Employability Skills Workshop for PGDM students
Management Department of I.T.S Ghaziabad organized Four Day workshop
on “Employability Skills” in collaboration with Rubicon Skill Development Pvt Ltd for PGDM students from 27th – 30th January, 2020. The workshop was the part of “Connect with Work” skill development program in the association with Barclays as part of the CSR initiative along with the NGO partner Tomorrow’s Foundation.
The programme commenced with the floral welcome of the guest, Mr. Vidit Chaudhary Manager, Campus Connect Manager, Rubicon, Ms Deepshikha, Ms Shilpi Chopra and Ms Divya, Trainers for the workshop, by Director (Management), Dr Vidya Sekhri and Chairperson PGDM Programme Dr. V.N. Bajpai.
Dr. Vidya Sekhri shared the objectives of programme and highlighted differences in the expectations and responsibilities at workplace compared to that of the college.
Dr. V. N Bajpai shared the details of complete 4-days Workshop and its objective to make students prepare for Campus Placement and for their corporate journey ahead.
In four days students were trained on many area including Group Discussion and Interview skills. It was a great learning experience for the students., , ,
Utthan Club Activity
Utthan, a CSR initiative of Department of Management at I.T.S - Mohan Nagar, Ghaziabad organised a session on Computer literacy and activities for celebrating "Republic Day” for school children on 24th January, 2020 in the campus.
In the first segment of the activity, students were taken to computer lab to practice “MS Word” using different tools like Alignment, Bold, Color, Highlight etc.
In the second session, students were divided in groups according to their class standards. For Class 1st to 4th, Ball in the Basket competition was organized, for class 5th to 8th Pyramids of Cups was conducted, and for 8th to 12th class, watch and think was organized.
Dr. Vidya Sekhri, Director (Management) inspired the children with her motivational speech.
Dr. Vidya Sekhri and Faculty Coordinator of Utthan Club along with student team felicitated the event by distributing Prizes to all the winners of the activity.
All the students were given refreshment at the end of the session., , ,
‘Parivartan’ – The Slum Education Programme
Department of Management, I.T.S Mohan Nagar, Ghaziabad conducted ‘Parivartan’ – The Slum Education Programme observing the 71st Republic Day of the country last Sunday. First Suhani and Ananya explained the significance of the day to the children. The spoke about what goes into making a democratic republic. They also described the role of the Constitution of India.
Then Sudhanshu and Neha took over as they discussed an important element of the Constitution, viz., - the Fundamental Rights. They mentioned that this part of the Constitution has often been referred to as Udhar ki Potli, as it had been devised after going through the constitutions of several nations around the world. Flags of the ten countries from where inputs were utilised for our Constitution had been thoughtfully created by the students. The learners were asked to identify the flags of the different countries. Sudhanshu helped them in this task.
Finally Nikhil took it upon himself to enlighten the kids about the life of Dr. B.R. Ambedkar. Particular attention was drawn to his pioneering work in giving shape to the Constitution as it is today.
This year marked the beginning of a new initiative at Parivartan – Annual Gala event "Student of the Year" Awards. The criteria used for this purpose included regular attendance, coming with copy and pen every Sunday and performance during the sessions, continuously for the entire year 2019.
The year’s first prize winner Sonu received a second hand laptop which had been refurbished and donated by the Faculty Coordinator himself, loaded with educational movies, photos and useful software.
Second prize winner Nitin received a brand new Bluetooth speaker, contributed by faculty coordinator and volunteers.
Third prize winner Kushi received a brand new School bag, donated by faculty coordinator.
The celebrations finally drew to a close with the distribution of samosas, laddoos and ‘Milk Glucose Biscuits’.
The idea behind The Parivartan Annual award ceremony is to inculcate the importance of education among the students and also to motivate them for their continuous efforts so as to have a chance of winning the award in the next upcoming year., , ,
Genesis 2020 the Inter-College Business Plan Competitionin
Department of Management at I.T.S Ghaziabad organised Genesis 2020 the Inter-College Business Plan Competitionin collaboration with MHRD IIC on 24th January, 2020.
The competition was expected to serve as a platform where students from different higher education institutes (HEIs) would come together to discuss their ideas for innovative start-up ventures.
The Inaugural Session started with the Welcome Address by Dr.VidyaSekhri, Director Management and President, IIC. Dr Sekhri extended a warm welcome to the honourable Chief Guest of the session, Mr.Sant Kumar Gautam, CEO UDYAM, Guests of Honour Dr. Sanjeev Layek, Executive Secretary, World Association For Small and Medium Enterprises(WASME) andMr.Vishal Gandhi, Managing partner & CEO BIORx Venture Advisors Pvt Ltd. During the course of the address, Dr.Sekhrifocused on why start-up culture was necessary. She pointed out that it was a passion, and had to come from a certain mindset.
Dr. Indraneel Mandal, Coordinator (Startups), IIC I.T.S, provided an overview of the day’s event. He explained that the function was being held under the aegis of the Ministry of Human Resource Development (MHRD); the latter had started on a mission of setting up Institution Innovation Councils(IICs)in select HEIs for nurturing ideas from young minds. He also spoke of the support from the Ministry of Micro, Small and Medium Enterprises (MSME).
It was now the turn of the Guests of Honour Dr. Sanjeev Layek began by thanking Director Management and ITS for initiating this type of competition which would help to give a new dimension to the start-up world. He referred to three things to be kept in mind, viz., research, data collection and society. He also threw some light on the three verticals of business – credit, technology and markets. Finally he reminded of the need for passion and a never say die attitude for succeeding in the world of start-ups.
Mr Vishal Gandhi then come forward for an engrossing speech where he constantly interacted with the students in the audience while delineating the salient aspects that determined the success of business endeavours, including capital budgeting, lack of proper management, the difficulty of ascertaining appropriate market size and dynamics.
Finally it was the turn of the Chief Guest Mr S.K. Gautam, who started by saying that every day is a new learning He drew attention to the fact that there were abundant opportunities in a country like India. He cautioned that while marketing research is very important, it often fails due to loopholes in data collection. He suggested that it was necessary to have a good team with diverse experts.
The session ended with Dr.Vidya Sekhri presenting a memento to Mr.Gautam as a token of appreciation.
After the Inaugural Session, business plan presentations took place in two sessions. The first session had Dr. Sanjeev Layek, Mr. Vishal Gandhi and Mr. Sant Kumar Gautam as external judges. Dr. K. K. Dey was present as the internal judge.
Khushboo and Shikha, who were the anchors for the session, welcomed the judges and described the rules to the participants and to the audience. With that the students who were present there from the different colleges started their presentations in their series.
NIT, Greater Noida, flagged off the competition with their presentation on Virtual Villa, an application that brought together imagination and software expertise for visualising homes before starting work on their construction. They were followed by ShyamLal College with their business plan on Brand Deviser for helping entrepreneurs by guiding them to develop businesses and a new market for fashion designers; a team from ITS Mohan Nagar with Luxurious Footpath, offering a means for aggregating street food vendors at one outdoor location; a team from IMS, Ghaziabad with Nimble Beverages, providing the option of an instant food mix for a healthy breakfast; and a second team from IMS, Ghaziabad, whose presentation was on Third- Eye Solutions, involving smart canes for the visually impaired.
The post lunch session started with the felicitation of Dr. Sanjeev Layek by Dr. Vidya Sekhri. The presentations in this session featured a second team from Shyam Lal College with the idea of Paryojya, focusing on the handicrafts sector with a touch of sustainability; Jaipuria School of Business with the innovative concept of 56 Bhog, a women driven food delivery initiative; a team from ITS Mohan Nagar speaking on ISE - The Power of Nature, with a low cost mission for providing green power in rural areas; HIET College with Take spoon, the edible but healthy spoon that could be ecofriendly as well as cost effective; and finally, another team from ITS with Aaha Re, a unique way of satisfying taste buds longing for authentic Bengali food.
Following the presentations Mr. Gautamand Mr. Gandhiappreciated and congratulated all the participants for their efforts and gave tips to all the students on the startups and their business plans. With that all the judges along with Dr. Vidya Sekhri were invited on the stage for declaration of the result and prize distribution.
1st Prize was won byAnkit Meghmala & Vikash Kumar (I.T.S Mohan Nagar). Hema & Team from Shyamlal College were declared First Runner Up. Harsh & Team, also from Shyamlal College, took the 2nd Runner Up position. The prizes and certificates were handed out by the dignitaries onstage.
Dr.Sekhri also felicitated Mr Gandhi for his gracious presence throughout the day’s programme.
In the end Dr. Puneet Kumardeliveredthe Vote Of Thanks on the behalf of IIC ITS.
The participants went home ruminating on the valuable advice from the dignitaries present. The students in general also marveled at the variety of ideas and presentations, inspired with some thoughts of their own., , ,
PG students attended seminar on Consumer Rights & Responsibilities
Management Department of I.T.S Mohan Nagar, Ghaziabad organized a seminar in association with Consumer Rights Organization on “Consumer Rights & Responsibilities, CPA, MRP, Consumer Grievances” on 23rd January, 2020.
The seminar was supported by Department of Consumer Affairs, Ministry of Consumer Affairs, Food & Public Distribution (Government of India). The seminar was addressed by prominent experts of different areas including FSSAI & Metrology department. Dr. Vidya Shekri extended hearty welcome to Mr. Ashok Kapoor, General Secretary, Mr. Chirag Chopra, President, Consumer Rights Organisation, Mr. Rajesh Kumar Jha, Prof Divya Swami, Mr. R P Chaurasia from Department of Metrology (Weights & Measures). In her welcome address Dr.Sekhri shared her thoughts and highlighted the importance of discussions on such a important issue, related to each one of us.
The objective of the seminar was to make participants aware about their rights and responsibilities as a consumer.
The experts discussed about responsibilities as consumer to be critically aware, alert and to question more – about prices, about quantity and quality of goods bought and services used. In case of any exploitation, responsibility lies in joining hands and raising voices as consumers; to fight in a collective and to develop the strength and influence to promote and protect consumer interest as well.
Dr. V N Bajpai proposed vote of thanks., , ,
PGDM students attended SHRM Webinar
Department of Management at I.T.S Ghaziabad organised a webcast from SHRM on “From Chief People Officer to Chief Employee Experience Officer was hosted for the PGDM Third Semester students at the Board Room, AB-I Building in the afternoon of 22nd January, 2020.
The speakers for the session were Dr. Raju Mistri, Global Chief People Officer, Cipla, Mr.Praveen Menon, Chief People Officer, India First Life Insurance Company Ltd and Mr.Deepak Mishra, Vice President Corporate HR United Breweries Ltd. The moderator for the session was Mr. Ashish Paul, Associate Director Knowledge and advisory SHRM, India.
The topics included areas like history of organisations, experiences of employees, HR philosophy, flexibility in organizations, CHRO roles, strategic practices in organizations, use of collaborative technologies, cross functional collaboration andcreating employee experience
Dr. Mistritalked about hindering positive employee experience, and what can organization can do to make the employees happy. She spoke of empowering the managers, the need for instant quick responses, immediate solutions to the problems, making decisions and the difference between the corporate and manufacturing world
Mr.Praveen Menon dealt with employee life cycle from the beginning of pre hiring of employee till the end of entry and exit. Mr. Deepak Mishra referred to the experience of customers and internal employees.
Finally Mr. Ashish Paul summarized the interaction by putting forth ideas about questionnaires regarding the employee value preposition, AI, HR Philosophy, flexibility in an organisation, strategic/ elements used in an organisation, CHRO roles and employee experiences. He also asked about company stability and techniques used in an different organisations.
It was a comprehensive discussion covering a wide range of issues. The students were very much enthused to have such a holistic view of HR at work inside the organization., , ,
Research Conclave 2020
The Department of Management at I.T.S, Mohan Nagar organized Research Conclave on 5 Trillion Dollar Economy: Targets And Challenges for New India, on January 18, 2020. The program was inaugurated with the lighting of lamp to pay homage to the divine Goddess Saraswati, followed by welcoming of the guests by giving away plant saplings.
The inaugural address was delivered by Dr. Vidya Sekhri, Director Management (PG). She emphasized on the objectives of the topic. She also explains the initiatives taken by the Government of India in various aspects like urbanization, globalisation, banking, manufacturing, agriculture etc along with their challenges.
This was followed by a special address by Shri Surinder Sood, Director (PR). He talked about the role of aspirations, the gap between where we are and our goals, the need for self-driven people, rise in investment rates, etc. He also said that 5 trillion dollar economy is not an impossible dream as it can be easily achieved by the country by 2024.
Shri Arpit Chadha, Vice-Chairmen, I.T.S-The Education Group also pointed out the various facts provided by the Prime Minister as well as the Finance Minister in support of the fact that a country like India will become a global economic power house after achieving this goal, along with the challenges involved in his address on this occasion.
The Convener of the Conclave Dr. Rajeev Johari gave overview of the Conclave, its theme and agenda he also gave the brief introduction of all the speakers in the panel discussions to follow.
Mr. Yaduvendra Mathur, IAS, Special Secretary NITI Aayog, who was the Chief Guest for the occasion, explained through several facts and figures the steps to be taken by the people of the country for the future development. He also quipped that reality is harsh but can be created as the future depends upon the choices made by the people today itself, quoting several examples.
Finally the Guest of Honour Mr. Vijay Kumar, Director MSME, Ministry of MSME, Government of India shared his words of wisdom. He explained beautifully the working of MSME and also the steps taken by the same. He went on to mention that how MSME is helping and appreciating the entrepreneurs. In conclusion he said that challenge is to grow 8% to 9% every year in order to achieve the long term goals and move beyond the poverty line. The session concluded with the felicitation the guest by giving token of gratitude and respect to all the eminent guest of the day.
During Panel I, Dr. Vidya Sekhri welcomed the chief guests by presenting plant saplings to Mr. Ravi Nandan Sinha (Director, MSME Business Forum India), Dr. Sharad Kohli (Founder and Chairman, KCC Group), Dr. Ganesh Singh (Professor, AIMA) and Mr. Nishant Ranjan(Manager, RBI, Kanpur Division).
Mr. Ravi Nandan Sinha was the moderator of this session. The discussion was started by Dr. Sharad Kohli. He highlighted that it is always good to look at larger objectives. He also pointed out the according to the latest estimates 29% of Country’s GDP comes from MSMEs.
According to him we need to focus on - how Micro will become Small, Small will become Medium and ultimately Medium becomes Large industry. He also stated the reason behind the failure of 90% of the start-ups was the lack of orientation and patience.
Among the other panelists Dr. Ganesh Singh shared his views and stated that awareness is the key to know the avenues for developing our start-ups.
Mr. Ravi Nandan Sinha adding to these points gave a message to the students that talent and strength should be harnessed.
Dr. V. N. Bajpai, Chairperson PGDM, said that achieving 5 trillion dollar economy is not a dream, but rather a reality. Innovation and Technology are the two drivers that will contribute in achieving this dream according to him, also role of individuals is very important to develop such ecosystem.
Dr. Vidya Sekhri, Director (Management), mentioned that in a dynamic world we can see that marketing has totally changed. She also reminded that data protection plays an important role.
Finally Mr. Nishant Ranjan through his presentation shared ideas about offences relating to counterfeiting of bank notes, Detection and impounding of counterfeit notes, the role of thr RBI in currency management and its latest initiatives.
At the end of the first panel discussion, Director Management Dr. Vidya Sekhri presented Memento to honourable Chief guests as a token of respect and honour.
During Panel Session II, Director Management Dr. Vidya Sekhri welcomed the chief guests by presenting plant saplings to the eminent speakers for the session. Eminent Speakers of this session included Dr M.K. Bajpayee, Co-Chairman, National Educational Policy, ASSOCHAM; Mr Amit Sinha, DGM, RBI Kanpur; Dr Sudha Mysore, CEO, Agrinnovate India Limited, ICAR–IIHR; Mr Rajendra Srivastav(President & Market Business Leader for AES India); Mr Naveen Tandon, Director International External Affairs, AT&T India and Mr. S.P. Yadav, Lead District Manager, Syndicate Bank, Ghaziabad.
The moderator of this session was Dr MK Bajpayee, who started the discussion by stating that India needs integration in all departments.
Followed this Dr. Sudha Mysore shared her views explaining how ICAR had started the policy of innovation.
Mr. Manu Goyal suggested that the problem lies in the implementation of schemes. He said that to implement any policy integration is the foremost thing. According to him mentioned that pillars to grow economy are innovation, integration and implementation.
Mr. Rajendra Srivastava indicated that digitisation is the most important tool that businesses are adopting.
Mr. Amit Sinha from RBI said that the 5 trillion dollar economy goal is difficult but not impossible. The challenges to reach this target are Global Growth, the need for fiscal action, problems in tourism growth and support for the infrastructure sector. The primary objective highlighted in this connection was price stability.
Mr. Naveen Tandon said that the focus needed to be on where are we today and what are the current challenges. The panel discussion was closed with Mr.Tandon saying that communication will help to move business forward.
At the end of panel discussion Director Management Dr. Vidya Sekhri presented mementos to guests as a token of respect and appreciation.
In the end Dr. Indraneel Mandal delivered the Vote of Thanks on behalf of the organisers., , ,
Management students visited Aaj Tak
I.T.S – Mohan Nagar, Ghaziabad organised a visit of MBA & PGDM first year students to Aaj Tak, on 17th January,2020.
The students of MBA and PGDM first year visited Aaj Tak channel for the HALLA - BOL and DANGAL on 17 JANUARY, 2020. The day’s programme consisted of two sessions. The first session is for “Narendra Per Sawal Hai, NIA Per Bawal Hai.” The second session of the day was a debate on the issue of CAA.
Some of the famous politicians and social workers were invited and there was huge discussion on the advantages and disadvantages of CAA .There was also a discussion on “Seher Seher - Shaheen Bagh.” Muslim women were assembled there to not to support CAA and they were against CAA . They were clearly saying that “we will not leave this place until unless Modi ji not stop this act. Because we are also the citizens of India and we also have proof ID for that.”
The women’s were very aggressive and they were sitting there with small children. All family women were outside on the road (shaheen bagh) to protect and get their rights .Guest who were invited were also doing the cross questioning with them .Students were asking different questions to the speakers.
Overall it was a knowledgeable session and students were also came to know about the history of CAA .In particular , the students were very excited to be a part of such an experience., , ,
Guest Lecture on 7p’s framework for a company’s growth performance and internationalization
Department of Management organized a guest lecture of Prof. Justin Paul, Professor, University of Puerto Rico, USA for PGDM students of 2019-21 batch on 11th January, 2020.
While explaining 7p's framework for a company's growth performance and internationalization, he explained the destined potentialities for the industry's growth in international markets which includes China and Latin America wherein the former had already been operating at a rapid pace. He generalized 7 P-theoretical frameworks for strategic planning as part of international marketing (Potential, Path, Process, Pace, Pattern, Problems and Performance) with theoretical propositions. The significance lies in the design of how companies appeal to these international markets with consistency, Justin Paul quoted that the globalization is key which will make sure the business enterprise well-being in future competencies. At present, the Indian businesses like Ranbaxy and Infosys have already started pursuing those geographical regions and have faced problems, by the means of researching on these kinds of incidents he had observed elements which can affect any organization in getting out of their remote places to the markets consistent with them. The potential can be everywhere, the capacity to get hold them is essential, then the next approach will be hitting off the expansion approach.
The factors he determined were identifying those markets and initially starting by exporting to these markets, gaining market shares and finally developing international locations for them. Firms need a specified strategy to goal and to evolve international markets for them. Developing countries such as Latin America face many challenges such as Cognitive Bias, Liability of foreignness and Resource constraints, while internationalizing their operations. Taking the example of Latin America he quoted that they're slower than India and China, as their homegrown corporations aren't in the mood of globalizing firms from developing countries don't get the inclination in advanced nations but adjusting the current state may help them to do so the example where he quoted that how china has been in production of essentials for American brands like Apple Inc.
Growing countries including India and Latin America excel at global markets on the subject of agricultural items but not in other sectors MSME faces more trouble going for globalization as the quality uncertainty, legality in other nations, and their current resources let them down.
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