change mngmt
TRANSCRIPT
-
7/30/2019 Change Mngmt
1/12
CHANGE MANGEMENT
ADMISSION PROCESS
BY
ANKIT DALAL
CHARU PURI
MUDIT CHATURVEDI
SAURABH KUMAR
SHRUTI BAHETY
VANSHIKA AHUJA
-
7/30/2019 Change Mngmt
2/12
Relevance and the importance of the issue under study
The issues under consideration are:
Whether the change in the admission process 2012 and onwards needed
Whether the new admission process been able to bring about more
impact than the old one
If not what are the changes still required to make it beneficial to all the
stakeholders
Efficient admission process reaps out the following benefits:
Selects the best suited candidate for program offered
Good Selection will give students that will do better justice to the program
and will help bring in healthy competition viz a viz intra-college and inter-college
Good quality graduated students who would be able to lead as managers
when they work It will help in the branding of the Institute because of the quality of the
students being graduated
It will help in making IMI one of the competitive schools amongst other B-
schools
Overall growth of the Institute that will be beneficial for all the
stakeholders i.e. students, faculty, management, employees, recruiters
-
7/30/2019 Change Mngmt
3/12
-
7/30/2019 Change Mngmt
4/12
Management
RecruitersStudents
Faculty
Admission
Process
Faculty
Competitive and
talented students will
help faculty in their
researches
With more competitive
students, even faculty
will learn more and it
will help increase their
knowledge
Management
Management will reap out the benefit from better
brand name and hence the ROI shall be more.
It will make IMI be visible among other B-schoolsand help rank higher than the previous ranking
Students
Higher competition
will help the students
to extract more from
within themselves
that will lead to higher
performance
Recruiters
Recruiters will be able
to find better suited
candidates and hence
the chances for a bad
hire will be reduced
Recruiters will be able
to find the leaders from
the pool of talented
students and not just
managers
-
7/30/2019 Change Mngmt
5/12
Consequences if the issue is not addressed
1) Brand name of the Institute will be affected
2) An institutes output is the quality of students they produce and if it is not good the institute
will not be able to sustain in the long run
3) Credibility of the institute will be lost and hence it will affect the quality of MBA aspirants
applying for the courses
4) Relationship with recruiters will be hampered if the quality of applicants decreases
5) Eminent faculties would not like to associate with the college
6) Institutes revenue generating activities like MDPs, Training etc will be hampered
7) Good Foreign Institutes will not like to associate themselves with a college that has lower
quality of students that will affect students exchange program
-
7/30/2019 Change Mngmt
6/12
Current status of the issue: through diagnostic research
Plenty of students (34%) were
not convinced with the
inclusion of the psychometric
test as it can be fudged
Cut off percentile for the
programs was reduced to 85%ile
for PGDM-HR and 92%ile forPGDM.
Inclusion of the Extempore and
Psychometric test
Mayers Briggs type indicator was
used as the psychometric tool.
Case study based GD should
be included in the selection
process
Other activities though were
well received by the students
Change in Selection procedure Reaction of students
Written Exam
Psychometric testing
Extempore
Interview
Selection
Process
-
7/30/2019 Change Mngmt
7/12
Proposed set of activities to address the issue
%ile cut off should be increased ; will sent the messageto student fraternity that IMI is at par with the other
premier B-schools thus adding to its brand value.
Case study based GD should be included in the process
Students and other Admission Committee members
should be more active on the social media
Real time waitlist movement to be included in the
website. This practice is there in various B-schools likeXIMB where an aspirant can track the waitlist
movement on real time.
Include IMI in the SBI scholarship list and tie up for loans
with other banks for the assistance of education loan
-
7/30/2019 Change Mngmt
8/12
-
7/30/2019 Change Mngmt
9/12
-
7/30/2019 Change Mngmt
10/12
-
7/30/2019 Change Mngmt
11/12
Strategic processes
Communication:The admissions blog should haveequal participation of students and professors
Innovation: Thinking outside the box and using
methods such as online waitlist, videos on a day inthe life of an IMI student
Diffrentiation: With regard to high percentile andGD formats , we need to diffrentiate to send across
a message about the intellectual capital
Simplification : Students want a simplified process
which is streamlined and objective. this also helpsin better management of the process.
-
7/30/2019 Change Mngmt
12/12