contentsresources.aima.in/aima news sept 2014.pdf · aima and executive vice chairman, essar steel...

AIMA | SNAPSHOTS | SEPTEMBER 2014

1

SEPTEMBER 2014

Dear Readers,

It gives me great pleasure to present another edition of AIMA News to you. This particular edition holds special signi�cance as it heralds the beginning of a new chapter at AIMA.

September saw the customary change of guard at AIMA with Mr HM Nerurkar taking over the presidential baton from Ms Preetha Reddy at the recently concluded 41st National Management Convention (NMC). AIMA has always had the privilege of being led by illustrious and erudite leaders, and I am con�dent that this year, with Mr Nerurkar’s guidance and your support, we will see the AIMA banner reach new heights.

In addition, Mr Firdose Vandrevala, Executive Vice-Chairman, Essar Steel India Ltd. took over as the Sr Vice President and Mr Sunil Kant Munjal, Jt. Managing Director, Hero MotoCorp Ltd. and Chairman, Hero Corporate Service Ltd. joined the AIMA management team as the Vice President.

AIMA’s 41st NMC put the spotlight on ‘Changing Times - Reinventing the India Story’. The two day Convention witnessed political & industry leaders from di�erent spheres share their views and opinion on the subject over several sessions, details of which are carried inside. On the occasion the AIMA Life Time Achievement Award in Management was presented to Ms Anu Aga, Member of Parliament (Rajya Sabha), and former Chairperson, Thermax Limited, while the AIMA- Kewal Nohria Award for Academic Leadership in Management Education 2014 was presented to Prof. Abad Ahmad, Chairman, Aga Khan Foundation (India), and former Pro Vice-Chancellor and Dean, Faculty of Management Studies, Delhi University. Mr D. Shivakumar, Chairman & CEO–India Region, PepsiCo India Holdings Pvt. Ltd. was awarded Honorary Life Fellowship. Several other awards were also presented on the occasion including the annual LMA awards. The occasion also witnessed the release of the AIMA KPMG Management Capability Index India Report 2014. You will �nd detailed coverage in this issue.

In addition, this edition carries brief reports on the recently concluded 40th National Competition for Young Managers & 11th National Competition for Young India; the kicko� of the 18th Student Management Games; AIMA’s unique India-Africa Programme; Skill Development initiatives; Training Programmes and updates from the LMAs. This issue also carries some interesting articles on management.

I do hope you enjoy this issue and look forward to your feedback and suggestions.

With best wishes for the festive season,

Rekha Sethi Director General

M A N A G E M E N T T I M E S

AIMA’S MONTHLY E-MAGAZINE

AIMA OFFICE BEARERS

PRESIDENTMr. Hemant M Nerurkar ChairmanTRL Krosaki Refractories Limited

SENIOR VICE PRESIDENTMr. Firdose Vandrevala Executive Vice Chairman Essar Steel India Ltd

VICE PRESIDENTMr Sunil Kant MunjalJoint Managing Director, Hero MotoCorp Ltd. & Chairman, Hero Corporate Service Ltd.

TREASURERMr. P DwarakanathAdvisorGroup Human Capital Max India Ltd

IMMEDIATE PAST PRESIDENTMs. Preetha Reddy Executive Vice Chairperson Apollo Hospitals Group

DIRECTOR GENERALMs. Rekha Sethi

Management House,14, Institutional Area,Lodhi Road, New Delhi-110003Tel : 01124645100Fax : 01124626689E-mail : [email protected] : http://www.aima.in

Published by:

Managing Editor:Ms. Smita Das


2

AIMA SNAPSHOTS

32 LMA NEWS

46 AIMA EVENTS CALENDAR

41st National Management Convention

FEATURES22 HOW QUICKLY SHOULD A NEW CEO SHIFT CORPORATE RESOURCES?

26 OFFLINE AND FALLING BEHIND: BARRIERS TO INTERNET ADOPTION

14 NATIONAL COMPETITION FOR YOUNG MANAGERS

16 CRM/ITES TRAINING

15 CHANAKYA

19 TRAINING PROGRAMME ON DIGITAL MARKETING

20 PROGRAMME ON EMERGING TRENDS IN LABOUR LAWS AND INDUSTRIAL RELATIONS

16 NATIONAL COMPETITION FOR YOUNG INDIA

18 INDIA AFRICA INITIATIVE

CONTENTS04

www.ntpc.co.in

www.ntpc.co.in


4

41st National Management Convention

AIMA held its 41st National Management Convention (NMC) on 23-24 September 2014 on the theme ‘Changing Times: Reinventing the India Story’ at New Delhi. Delivering the inaugural address, the Chief Guest, Mr M. Venkaiah Naidu, Minister of Parliamentary A�airs, Urban Development, Housing and Urban Poverty Alleviation said, “The need of the hour is ideas, innovation, investment and implementation. This requires a new orientation on the part of all concerned; whoever is at stake in the nation building”.

Talking about the possibilities of a connected and empowered India, Mr Ravi Shankar Prasad, Minister of Law and Justice, Communications

Release of the AIMA NMC Souvenir by the Chief Guest, M Venkaiah Naidu, Minister of Parliamentary Affairs, Urban Development Housing and Urban Poverty Alleviation, Government of India. (L-R) Rekha Sethi, Director General, AIMA; Preetha Reddy, President, AIMA and Executive Vice Chairperson, Apollo Hospitals Group; Sudhir Jalan, Convention Chairman and Chairman, Neo Foods Pvt. Ltd.;H M Nerurkar, Sr Vice President, AIMA and Chairman, TRL Krosaki Refractories Ltd and Firdose Vandrevala, Vice President, AIMA and Executive Vice Chairman, Essar Steel India Ltd.

Release of the AIMA NMC Souvenir by the Chief Guest, M Venkaiah Naidu, Minister of Parliamentary Affairs, Urban Development

& Information Technology, shared, “After e-education and e-health, we can see the explosion of e-commerce and the result is going to be a game changer for manufacturers”.

Ms Preetha Reddy, President, AIMA, and Executive Vice-Chairperson, Apollo Hospitals Group, gave the welcome address and Mr Sudhir Jalan, Convention Chairman, and Chairman, Neo Foods Pvt. Ltd., addressed the gathering and set the tone of the NMC.

Some of the other high pro�le leaders who addressed the NMC included Mr Nitin Gadkari, Minister of Shipping, Road Transport and Highways, who delivered the keynote address

AIMA SNAPSHOTS


5

on the second day and shared, “Innovation, entrepreneurship and good management are the key for success and can change the future of a country”; and Gen. (Dr.) V.K. Singh, PVSM, AVSM, YSM (Retd), Minister of State (IC) of Development of North-Eastern Region who shared his vision and action plan for developing the North East into a vibrant economy.

Sadhguru Jaggi Vasudev of Isha Foundation talked about success and happiness and the involvement of human beings in the survival process. The Convention was also addressed by Mr P. Chidambaram, former Finance Minister of India and Mr Sachin Pilot, President, Rajasthan State Congress

and former Union Minister.

This year the Honorary Life Fellowship was presented to Mr D. Shivakumar, Chairman & CEO–India Region, PepsiCo India Holdings

(L-R) P. Balaji, former Managing Director, Nokia and Advisor Microsoft Mobile Group; Gen. (Dr.) V.K. Singh, PVSM, AVSM, YSM (Retd), Minister of State (IC) of Development of North-Eastern Region, Government of India and Firdose Vandrevala, Vice-President, AIMA and Executive Vice-Chairman, Essar Steel India Ltd

(L-R) P. Balaji, former Managing Director, Nokia and Advisor Microsoft Mobile Group; Gen.

(L-R) Nikhil Meswani, Executive Director, Reliance Industries Ltd; Ravi Shankar Prasad, Minister of Law and Justice, Communications & Information Technology, Government of India and Sudhir Jalan, Convention Chairman and Chairman, Neo Foods Pvt. Ltd(L-R) Nikhil Meswani, Executive Director, Reliance Industries Ltd; Ravi Shankar Prasad, Minister of Law and Justice, Communications


6

Pvt. Ltd. Ms Anu Aga, Member of Parliament (Rajya Sabha), and former Chairperson, Thermax Limited, received the AIMA Life Time Achievement Award in Management. The AIMA- Kewal Nohria Award for Academic Leadership in Management Education 2014 was awarded to Prof. Abad Ahmad, Chairman, Aga Khan Foundation (India), and former Pro Vice-Chancellor and Dean, Faculty of Management Studies, Delhi University.

The NMC also witnessed the release of AIMA Management Capability Index India Report 2014 which was released in collaboration with KPMG in India.

In a session on collaborating for change, Mr Amin Hashwani, Director, Hashwani Group, and Mr Mohammad Zubair, Minister of State

(L-R) J J Irani, Past President, AIMA and Former Director, Tata Sons; P Chidambaram, Former Finance Minister of India and Shivinder Mohan Singh, Executive Vice Chairman, Fortis Healthcare Ltd

(L-R) J J Irani, Past President, AIMA and Former Director, Tata Sons;

Release of the AIMA KPMG Management Capability Index Report 2014 by the Chief Guest Nitin Gadkari, Minister of Shipping, Road Transport and Highways, Government of India (L-R) Rekha Sethi, Director General, AIMA; Preetha Reddy, President, AIMA and Executive Vice-Chairperson, Apollo Hospitals Group; Richard Rekhy, Chief Executive Officer, KPMG in India; Sudhir Jalan, Convention Chairman and Chairman, Neo Foods Pvt Ltd; H.M. Nerurkar, Sr. Vice-President, AIMA & Chairman, TRL Krosaki Refractories Ltd and Firdose Vandrevala, Vice-President, AIMA and Executive Vice-Chairman, Essar Steel India Ltd.

Release of the AIMA KPMG Management Capability Index Report 2014 by the Chief Guest Nitin Gadkari, Minister of Shipping,


7

& Chairman of Privatisation Commission, Government of Pakistan, spoke about cross-border trade and investment opportunities.

Some of the other speakers included, Mr H.M. Nerurkar, Sr. Vice-President, AIMA, and Chairman, TRL Krosaki Refractories Ltd.; Mr D. Shivakumar, Chairman & CEO–India Region, PepsiCo India Holdings Pvt. Ltd.; Mr Firdose Vandrevala, Vice-President, AIMA, and Executive Vice-Chairman, Essar Steel India Ltd.; Mr Nikhil Meswani, Executive Director, Reliance Industries Ltd.; Mr Richard Rekhy, Chief Executive O�cer, KPMG in India; Dr J J Irani, Former Director, Tata Sons; Mr Shivinder Mohan Singh, Executive Vice Chairman, Fortis Healthcare Ltd.; Ms Vanitha Narayanan, Managing Director, IBM India; Ms Sangita Reddy, Jt. Managing Director, Apollo Hospitals Group; Ms Kumud Srinivasan, President, Intel India;

Mr Pranjal Sharma, Consulting Editor, Business World; Mr P Balaji, Former Managing Director, Nokia and Advisor Microsoft Mobile Group; Mr Rajive Kaul, Past President, AIMA and Chairman Nicco Corporation; Mr Kunal Bahl, Founder & CEO, Snapdeal.com; Mr Shekhar Gupta, Editoral Advisor, India Today Group; Mr S. K. Swamy, Chairman & MD, R K Swamy BBDO Pvt. Ltd.; Mr K. Jairaj, Former Addl. Chief Secretary, Government of Karnataka; Mr Ullas Kamath, Jt.

Managing Director, Jyothy Laboratories Limited; Ms Upasna Kamineni, Vice President, Apollo Philanthropy & Managing Director, Apollo Life and Editor in Chief – Bpositive Magazine and Ms Priya Sahgal, Senior Executive Editor, NewsX.

The NMC also witnessed the distribution of awards to the winners of AIMA National

(L-R) Priya Sahgal, Senior Executive Editor, NewsX and Sachin Pilot, President, Rajasthan State Congress and former Union Minister(L-R) Priya Sahgal, Senior Executive Editor, NewsX and Sachin Pilot, President, Rajasthan

(L-R) Gautam Thapar, Founder & Chairman, The Avantha Group; Mohammad Zubair, Minister of State & Chairman of Privatisation Commission, Government of Pakistan; Amin Hashwani, Director, Hashwani Group and Rajive Kaul, Past President, AIMA and Chairman, Nicco Corporation

(L-R) Gautam Thapar, Founder & Chairman, The Avantha Group; Mohammad


8

Past Presidents and Office-Bearers of AIMAPast Presidents and Office-Bearers of AIMA

Category I – Bombay Management AssociationCategory II – Lucknow Management Association Category III – Baroda Management AssociationCategory IV – Ghaziabad Management AssociationRunners Up – Guwahati Management Association Emerging LMA – Jalandhar Management Association

Best LMA Award Winners

Management Games (NMG), AIMA National Competition for Young Managers (NCYM) and Case Study Contest. Awards were also presented to the best LMAs in di�erent categories. The Convention Souvenir was also released by the chief guest on the occasion.

The NMC heralds a new beginning and the o�ce bearers for 2014-15 were announced. Mr H.M. Nerurkar, Chairman, TRL Krosaki Refractories Ltd., has been elected the new AIMA President

by AIMA Council. He succeeds Ms Preetha Reddy, Executive Vice-Chairperson, Apollo Hospitals Group. Mr Firdose Vandrevala, Executive Vice Chairman, Essar Steel India Ltd. is the new Senior Vice-President of AIMA & Mr Sunil Kant Munjal, Joint Managing Director, Hero MotoCorpLtd. & Chairman, Hero Corporate Service Ltd. joins as Vice-President. Mr P. Dwarkanath, Advisor, Group Human Capital Max India Ltd. continues as the Treasurer.


9

1. (L-R) Preetha Reddy, President, AIMA and Executive Vice-Chairperson, Apollo Hospitals Group; Sadhguru Jag-gi Vasudev, Isha Foundation and Shekhar Gupta, Edito-rial Advisor, India Today Group

2. Anu Aga, Member of Parliament (Rajya Sabha) & For-mer Chairperson, Thermax Limited with the AIMA Life Time Achievement Award in Management

3. D Shivakumar, Past President, AIMA and Chairman & CEO – India Region, PepsiCo India Holdings Pvt. Ltd. after receiving the AIMA Honorary Life Fellowship

4. (L-R) Kunal Bahl, Founder & CEO, Snapdeal.com; Upasna Kamineni, Vice President, Apollo Philanthropy & Managing Director, Apollo Life & Editor in Chief – Bpositive Magazine; Pranjal Sharma, Consulting Editor, Business World and Ullas Kamath, Jt. Managing Director, Jyothy Laboratories Limited

5. Prof. Abad Ahmad, Chairman, Aga KhanFoundation India & Former Pro Vice-Chancellor & Dean, Faculty of Management Studies, Delhi University with the AIMA-Kew-al Nohria Award for Academic Leadership in Management Edu-cation 2014

6. Gen. (Dr.) V.K. Singh, PVSM, AVSM, YSM (Retd), Minister of State (IC) of Development of North-Eastern Region, Govern-ment of India with the Bosch Jai-pur team, NCYM 2014 Winner

2 3

5 6

4

1


10

9

10

7. (L-R) Vanitha Narayanan, Managing Director, IBM India; D Shivakumar, Past President AIMA and Chairman & CEO – India Region, PepsiCo India Holdings Pvt Ltd; Sangita Reddy, Jt. Managing Director, Apollo Hospitals Group and Kumud Srinivasan, President, Intel India

8. Gen. (Dr.) V.K. Singh, PVSM, AVSM, YSM (Retd), Minister of State (IC) of Development of North-Eastern Region, Government of India with the Indian Oil team, NMG 2014 Winners

9. SK Swamy, Chairman & MD, RK Swamy BBDO Pvt Ltd and K Jairaj, Former Additional Chief Secretary, Government of Karnataka with Case Study Contest winners

10. LMA CEO workshop

7

8


11

11. Kewal Handa, Managing Partner, For Conexus Social Responsibility Ser-vices

12. Lucknow Manage-ment Association, Winner of LMA award Category

13. Bombay Manage-ment Association, Category 1 winner

14. Baroda Management Associa-tion, Category 3 Winners

15. (L-R) Gautam Thapar, Found-er & Chairman, The Avantha Group and K L Chugh, Chair-man, Cosmos Consulting

16. (L-R) J S Juneja, Chairman, MSME & Chairman Global Projects & Services (P) Ltd; R James David, Chairman, David Memorial Education Society and Rajiv Vastupal, Chairman & Managing Direc-tor, Rajiv Petrochemicals Pvt Ltd

11 12

13

15 16

14


12

17. (L-R) Uddesh Kohli, Chairman, Construc-tion Industry Arbitra-tion Council (CIAC) and Krishan Kalra, Past President, AIMA

18. (L-R) Preetha Reddy, President, AIMA & Executive Vice Chair-person, Apollo Hos-pitals Group; H.M. Nerurkar, Sr. Vice-President, AIMA & Chairman, TRL Krosa-ki Refractories Ltd and Rekha Sethi, Director General, AIMA

19. Guwahati Management Association, Category 4 Runners Up

20. Ghaziabad Man-agement Asso-ciation, Category 4 winner

21. Jalandhar Man-agement Associa-tion, Best Emerg-ing LMA Winners

22. (L-R) J J Irani, Former Director, Tata Sons; Rajive Kaul, Chairman Nicco Corpora-tion and Krishan Kalra, Past Presi-dent, AIMA

17 18

21

17

20

22

19

,

http://apps.aima.in/eventmgmt/default.asp?EventId=222

WWW.AIMA.IN

http://apps.aima.in/eventmgmt/default.asp?EventId=222


14

National Competition for Young Managers - Ruby Jubilee

AIMA held the 40th National Competition for Young Managers - Ruby Jubilee on the theme ‘Citizenship of Organisations, Nations and the Planet – Rights and Responsibilities’. The Regional Rounds were held at Mumbai on 7-8 August, at Kolkata and Chennai on 22-23 August and in Delhi on 28-30 August, 2014. The Grand Finale was held on 13 September, 2014 at New Delhi. The Jury was chaired by Mr Anil Sachdev, Founder & CEO, School of Inspired Leadership (SOIL). The other jury members were Mr Amandeep Gupta, Group ED & Joint CEO, OCL Cement OCL India Ltd; Mr Vinod Aggarwal, Chief Executive O�cer, VE Commercial Vehicles

NCYM winners team, Boash Ltd., JaipurNCYM winners team, Boash Ltd., Jaipur

Ltd; Mr S P S Jaggi, General Manager – Business Excellence, Steel Authority of India and Mr Nitin Kulkarni, IAS, Secretary to Government, Jharkhand.

A number of 120 teams from across the country participated in the competition. Bosch Ltd, Jaipur emerged as the National Champions; Vizag Steel Plant, Vishakhapatnam were the I Runners up & Bosch Ltd, Bangalore were the II Runners-up. Sir Padampat Singhania Award for Best Young Manager was given to Ms Sylvi Nzareth Andrat of Bosch Ltd, Jaipur.


15

Chanakya

AIMA has been organising the National Competition for Business Management

Regional rounds in progressRegional rounds in progress

Simulations popularly known as SMG (Student Management Game) competition annually since 1996. This year AIMA is conducting the 18th edition of the SMG. It commenced with the �rst prelims of Southern Round between 15 to 16 of September, 2014 at Coimbatore. The Udaipur round was conducted on 22 and 24 September 2014. SMG Delhi round took place between 25-27 September, 2014. The competition is drawing a high response from across the country. The online round is getting to be popular as well (scheduled on the 13th-14th October), making the competition more accessible for all students.

Indian Management JournalAIMA is pleased to o�er bulk subscriptions of the Indian Management journal at very special rates for LMAs. A detailed presentation was made by the Business Standard team during the LMA CEOs workshop recently at New Delhi. Some LMAs like Ghaziabad Management Association and Kanpur Management Association have already shown interest and are taking bulk subscriptions for their members and their local management community.

For more details and subscription please contact: Sachin Phansikar, Vice President, Advertisement, Business Standard. Email - [email protected]


16

National Competition for Young India

The 11th National Competition for Young India was held on the theme ‘Innovative youth driving the nation’s growth - Role of young entrepreneurship in India’. The Regional Rounds were held at Ranchi on 21-22 August; at Chennai on 11-12 September and Mumbai

& New Delhi on 18 -19 September. The Grand Finale was held on 26 September, 2014 at New Delhi. The Jury was chaired by Col Sunil Chandra, Vice President, Sujan Luxury Hotels. The other Jury Members Mr B M Rangan, Vice President, Quatrro BPO Solutions (P) Ltd.; Ms Rita Gangwani, Grooming and Personality Development Mentor; Mr Rajesh Sehgal, Senior VP Human Resources, Infotech Enterprises Limited & Ms. Sampada Inamdar Dean, Anand University.

A number of 120 teams from across the country participated in the competition. Xaviers Institute of Management &

Entrepreneurship, emerged as the National Champions. VIT Chennai, were the I Runners up and AMITY Noida were the II Runners-up. Award for the Best Budding Manager was given to Ms Jennie George of XIME, Bangalore.

CRM/ITES TrainingAIMA trained 850 participants across India in CRM/ITES skills, under Star scheme of NSDC. This was the �rst time AIMA entered in the Government of India skill development initiative, thereby training participants for job market. These training were conducted in states of Gujarat, Delhi, Uttar Pradesh and Uttarakhand. After training the participants

underwent an assessment test conducted by third party approved by NSDC. The success rate in this assessment was 71%.The participants will shortly receive the certi�cation jointly by NSDC, NASSCOM and AIMA. The students are ready to be employed in KPOs, BPOs, call centres frontline sales executive, customer support managers.

National Competitions for Young India Natioal Champion team Xaviers Institute of Management & EntrepreneurshipNational Competitions for Young India Natioal Champion team Xaviers

WWW.AIMA.IN

http://www.aima.in/media-centre/events/aima-12th-national-hrm-summit.html

http://www.aima.in/media-centre/events/aima-12th-national-hrm-summit.html


18

India Africa Initiative

In continuation to the Enterprise Development Awareness Programmes for African Students, AIMA conducted the next in the series on 29th-30th September, 2014, at AIMA, New Delhi.

These programmes entitled ‘Don’t Hunt for the Job-Be your Own Boss’ are led by Dr. J S Juneja, Past President, AIMA, and Chairman, AIMA SME Committee and are conducted with the support of Ministry of External A�airs.

The sessions covered topics such as Enterprise Development in Africa; How to succeed in Business; Small Business Management; Identifying and Overcoming the challenges

Participants and speakers at the programmeParticipants and speakers at the programme

in Small Business; Adding value to SME development through technology and innovation and How to prepare a Business Plan. There was also a �eld visit to the SME Incubation Center at National Small Industries Corporation.

This programme was attended by around 100 students from di�erent African nations and was well received by the participants. The students presenting the best 3 business plans were awarded a tablet in appreciation of their e�orts.

These programmes have also been conducted at Ludhiana, Hyderabad, Bangalore and Pune successfully.


19

Training Programme on Digital Marketing

Keeping in view the emerging need of digital marketing talent and the need of existing marketing professionals to upgrade their digital marketing skills, AIMA organised a two day Digital Marketing Training on 29th and 30th September 2014 at New Delhi.

The training aimed to educate participants on various digital marketing concepts, tools and techniques. The various topics which were covered during the training were Social Media Marketing and Online PR, Analytics and Mobile

Marketing, Web Design and Online Banner Advertising, Analytics and Mobile Marketing, Pay Per Click Advertising Model (SEM), Search Engine Optimisation.

During the last session of the two days training, the participants were also given a task to prepare their own Digital Marketing Strategy which was later evaluated and discussed for suggestions and improvements. AIMA plans to organise more Digital Marketing programmes in the near future.

Participants and speakers at the training programmeParticipants and speakers at the training programme


20

Programme on Emerging Trends in Labour Laws and Industrial Relations

All India Management Association organised a two day awareness programme on ‘Emerging Trends in Labour Laws and Industrial Relations’ on 19th-20th September 2014 at New Delhi.

Dr Rajender Dhar, Additional Labour Commissioner, Govt. NCT of Delhi delivered the keynote address where as Mr. HL Kumar, Senior Advocate, Supreme Court of India and Chief Editor, Labour Law Reporter, Mr. Alok Bhasin, Senior Advocate, Author and Expert on Labour Laws, Mrs. Shakuntala Patnaik, Deputy Labour Welfare Commissioner, O�ce of Chief Labour

Commissioner (Central), Govt. of India and Mr GM Saini, Managing Director, GMS Solutions Pvt. Ltd addressed the participants and shared their insights on Emerging Legislative Trends on the anvil, Contract Labour Management, Industrial Relations, and acts like ESI, EDF Acts, Payment of Bonus Act, Gratuity Act, Maternity Bene�t Act, Minimum Wages Act, Payment of Wages Act, Sexual Harassment act etc.

The programme was well received by participants.

Participants and speakers at the programmeParticipants and speakers at the programme

Powered by

AIMA and The World Bank offers

Professional Diploma in Public Procurement (PDPP)PDPP caters to procurement practices across the globe and the endeavor is to enable anyone interested in Public Procurement to get an overview of the field and to understand the rationale behind Public Procurement decisions.

The course is delivered as a blend of e-Learning, instructor-led-sessions, self-study and social learning. The delivery of this course is governed by the ‘Charter on Public Procurement Studies’ (CPPS). The ILT sessions (face to face) are spread over five days. At the end of comprehensive online and offline training, a summative assessment will be conducted. On successful completion of the programme, the partner institute will award the Professional Diploma in Public Procurement(PDPP).

Will benefit :

• Procurement Professionals for updating their domain knowledge • Non-procurement professionals who participate in or manage procurement function • Employees of private sector bidding in Public Procurement • Anyone interested in Public Procurement.

For Further details contact – Program ManagerALL INDIA MANAGEMENT ASSOCIATION

Management House, 14, Institutional Area, Lodhi Road, New Delhi - 110003Ph – +91 11 24645100 , 43128100 – Ext 710 / 705

Email – [email protected] | Website - www.aima.in

Key Features Certification by premier institute like AIMA and the World Bank Enhance Knowledge and skills to undertake effective procurement using best in class practices Blended learning/ Actionable learning Opportunity to get AIMA’s library

membership User friendly & easy to use technology interface Benefit from strong AIMA industry connect and networking Student membership of AIMA with all priviliges like subscription to Indian Management Journal

Online Registration is also available. Please visit - http://www.procurementlearning.org/

WWW.AIMA.IN

http://www.procurementlearning.org/

http://www.procurementlearning.org/

WWW.AIMA.IN

AIMA | FEATURES | SEPTEMBER 2014

22

HOW QUICKLY SHOULD A NEW CEO SHIFT CORPORATE RESOURCES?Moving early to reconfigure the business portfolio and top-management team improves corporate performance and the odds for a lengthy tenure.October 2013 | byStephen Hall and Conor Kehoe

New CEOs face a critical strategic choice. Should they settle into the job, spend a year or more getting to know their businesses, and then start shifting the portfolio? Or is it better to act quickly and boldly early on to divert resources from mature activities to a new generation of corporate opportunities?

We observe CEOs following both approaches, but one appears to deliver superior results: between 1990 and 2010, chief executives who reallocated corporate resources early in their tenures generated materially stronger returns for shareholders than

those who waited. In the process, these active CEOs also seem to have prolonged their own time at the top. What’s more, a similar decisiveness in changing the composition of the top team also brought disproportionate longer-term rewards.

In our database of more than 1,500 multibusiness public companies in the United States, we identi�ed a subset that reported changing their CEOs. We then divided the 365 “new” CEOs in our database into two roughly equal groups: those who were slow

AIMA FEATURES


23

to reallocate capital across the business portfolio during their �rst three years and those who were fast to reallocate it. When we correlated these results with a CEO’s individual tenure, we discovered that just over one-third of the relatively inactive CEOs had moved on by year six, but only a quarter of the fast leaders had.

The best results were achieved by CEOs who moved swiftly early on and then throttled back the rate of resource-allocation change to allow the market to understand and value their early actions. By contrast, late starters—those who were slow to reallocate capital during the �rst three years of their mandate but then picked up the pace of change—did not �nd themselves as well rewarded by the market.

As we have argued in our companion article focused on the downturn, the key to allocating resources

actively lies not just in acquisitions and disposals but also in the undoubtedly more di�cult challenge of taking capital away from mature, often well-performing businesses and reinvesting it in faster-growing alternatives. Fast CEOs are much more inclined to do so than their slow counterparts are. Interestingly, CEOs recruited from outside a company appear to �nd it easier to undertake such nurturing and pruning of existing portfolio businesses than do those appointed from the inside.Internal candidates, notwithstanding their more intimate knowledge of the company, may be more reluctant than outsiders to prune businesses overseen by their former peers. New inside CEOs, moreover, may have a bias in favor of the existing portfolio. After all, it is always hard to be objective about children you yourself have raised.

The value to CEOs of making swift and meaningful


24

This article was originally published in McKinsey Quarterly, www.mckinseyquar-terly.com. Copyright (c) [2013] McKinsey & Company. All rights reserved.

changes in the allocation of resources applies not only to capital but also to top talent. Our data show that CEOs who add or subtract members of their executive committees within the �rst year of their tenure are likely to survive longer and to achieve higher total returns to shareholders (TRS) in their �rst three years as chief executive. Our analysis shows that the greatest impact comes from moving swiftly to change the top team rather than from the actual number of changes. If CEOs combine this decisive approach to top talent with a rapidly implemented capital-reallocation strategy, the results are even more dramatically positive.

CEOs, it appears, should consciously exploit the “honeymoon” period during the early part of their tenure to make the di�cult decisions about capital and people. Markets are sluggish to recognize the rewards of reallocation—they usually mark down the shares at �rst. It takes approximately one to two years for the cumulative TRS e�ect to turn positive. But the message of our research is that over time, markets will be less forgiving toward CEOs who adopt a prolonged “steady as she goes” policy, as it produces lower long-term TRS.

Our research also suggests some additional rules of the road for new CEOs and members of their senior teams:

• Explainthereallocationstrategyclearly.Investorsmay react badly to any plan that hits near-term earnings, but they will be more understanding if they know what’s happening, the reasons behind it, and the projected time frame for the results. As far as possible, nurture long-term investors—and do not pander to “short-termists.”

• Bebold.Don’tworryaboutreallocatingtoomuch.We imagined we would �nd some companies that had reallocated so much that TRS declined as

About the authorsStephen Hall and Conor Kehoe are directors in McKinsey’s London office. The authors would like to thank MladenFruk, Martin Hirt, Devesh Mittal, Reinier Musters, and Kurt Strovink.

a result. No such example existed in our database covering US multibusiness companies over 20 years. Managers seem strongly biased to do much less than is needed to optimize TRS.

• ‘Own’thecareersofseniorcorporatetalent.CEOsmust ensure that they are free to deploy good people to manage new or expanded activities across the corporate portfolio. The ability to exert a strong in�uence over the career moves of a company’s top 100 to 300 executives is vital for successful corporate reallocators.

• Enlist board support. The most effective boarddirectors, according to a recent McKinsey survey,3 focus on overseeing the execution of strategy (making sure that people, processes, and resources are in place to carry it out) and on holding management accountable. CEOs should use their boards to reinforce and oversee the changes required to increase the pace and scale of resource reallocation by engaging board members to become challenging but supportive “coaches.”

http://chanakya.aima.in

WWW.AIMA.IN





26

Offline and falling behind: Barriers to Internet adoptionMore than 60 percent of the world’s population remains offline. Without removing crucial deterrents to Internet adoption, little will change—and more than 4 billion people may be left behind.

In a little more than a generation, the Internet has grown from a nascent technology to a tool that is transforming how people, businesses, and govern-ments communicate and engage. The Internet’s economic impact has been massive, making signi�-cant contributions to nations’ gross domestic prod-

uct (GDP) and fueling new, innovative industries. It has also generated societal change by connecting individuals and communities, providing access to information and education, and promoting greater transparency.

However, not all countries have harnessed the Inter-


27

net’s bene�ts to the same degree. In a new report, we examine the evolution of Internet adoption around the world, the factors that enable the de-velopment of a vibrant Internet ecosystem, and the barriers that are impeding more than 60 percent of the global population from getting online. Several �ndings emerged.

1. Over the past decade, the global online popu lation grew to just over 2.7 billion people, driv-en by �ve trends.

Some 1.8 billion people have come online since 2004,with this growth fueled by �ve trends: the expansion of mobile-network coverage and in-creasing mobile-Internet adoption, urbanization, shrinking device and data-plan prices, a growing middle class, and the increasing utility of the In-ternet.

2. At the current trajectory, an ad-ditional 500 million to 900 mil-lion people are forecast to join the online population by 2017.

However, these gains will still leave up to 4.2 billion people of-�ine. The rate of growth of world-wide Internet users slowed from a three-year compound annual growth rate (CAGR) of 15.1 per-cent from 2005 to 2008 to 10.4 percent from 2009 to 2013. With-out a signi�cant change in tech-nology, in income growth or in the economics of access, or policies to spur Internet adoption, the rate of growth will continue to slow. The demo-graphic pro�le and context of the o�ine popula-tion makes it unlikely that these individuals will come online solely as a result of the trends that have driven adoption over the past decade. Es-

timates from multiple sources suggest that 500 million to 900 million people will join the online ranks by 2017, expanding the online population to 3.2 billion to 3.6 billion users.3 By these projec-tions, between 3.8 billion and 4.2 billion people—more than half of the forecasted global popula-tion—will remain o�ine in 2017.

3. About 75 percent of the o�ine population is concentrated in 20 countries and is dispropor-tionately rural, low income, elderly, illiterate, and female.

We estimate that approximately 64 percent of these o�ine individuals live in rural areas, where-as 24 percent of today’s Internet users are con-sidered rural. As much as 50 percent of o�ine individuals have an income below the average

of their respective country’s poverty line and me-dian income. Furthermore, we estimate that 18 percent of non-Internet users are seniors (aged 55 or older), while about 7 percent of the online population are in that age bracket. Approximately 28 percent of the o�ine population is illiterate, while we estimate that close to 100 percent of the


28

online population can read and write. Lastly, we estimate that 52 percent of the o�ine population is female, while women make up 42 percent of the online population.

4. The o�ine population faces barriers to Inter-net adoption spanning four categories:

Incentives. Despite the increasing utility of the Internet in providing access to information, op-portunities, and resources to improve quality of life, there remain large segments of the o�ine population that lack a compelling reason to go online. Barriers in this category include a lack of awareness of the Internet or use cases that create value for the o�ine user, a lack of relevant (that is, local or localized) content and services, and a lack of cultural or social acceptance. The root causes of these consumer barriers include the high costs that content and service providers face in devel-oping and localizing relevant content and services and their associated business model constraints, low awareness or interest from brands and ad-vertisers in reaching certain audiences, a lack of trusted logistics and payment systems (thereby limiting Internet use cases such as e-commerce and online banking), low ease of doing business in speci�c regions (thereby impeding develop-ment of local or localized content and services), and limited Internet freedom and information se-curity.

Low incomes and a�ordability. In this area, the predominant barrier is the low income of indi-viduals in the o�ine population. This barrier is exacerbated by the high costs associated with providing access to the Internet for these popula-tions, which are disproportionately rural. The low incomes re�ect the poor economic circumstances of large segments of the o�ine population, often including unemployment and the need for eco-

nomic development, employment, and income growth opportunities in their regions. At the same time, there is often a lack of adjacent infra-structure (such as roads and electricity), thereby increasing the costs faced by network operators in extending coverage. Several other factors can contribute to high costs of service for device man-ufacturers and network operators, including taxes and fees, and, in the case of some countries, an unfavorable market structure.

User capability. This category includes barriers such as a lack of digital literacy (that is, unfamil-iarity with or discomfort in using digital technolo-gies to access and use information) and a lack of language literacy (that is, the inability to read and write). The root cause of such literacy barriers is often an under-resourced education system.

Infrastructure. Barriers in this area include a lack of mobile Internet coverage or network access in addition to a lack of adjacent infrastructure such as grid electricity. The root causes of these con-sumer barriers include limited access to interna-tional bandwidth; an underdeveloped national core network, backhaul, and access infrastruc-ture; limited spectrum availability; a national in-formation and communications technology (ICT) strategy that doesn’t e�ectively address the issue of broadband access; and under-resourced infra-structure development.

5. These issues cannot be considered in isola-tion—we found a systematically positive and, in some cases large, correlation between bar-rier categories and with Internet penetration rates.

We measured the performance of 25 countries against a basket of metrics relating to each cat-egory of barriers to develop the Internet Barriers


29

Index.5 We found that all factors correlate strong-ly and separately with Internet penetration, and all regressions indicate an elastic e�ect on Inter-net penetration—that is, improvements on each individual pillar of the Internet Barriers Index will have a disproportionately positive impact on In-ternet penetration. In addition, we found a sys-tematically positive and, in some cases, large cor-relation between barrier categories. This implies that the factors are not totally independent and that countries with low Internet penetration tend to have multidimensional bottlenecks when it comes to increasing their Internet adoption. Fur-ther, it means that meaningfully addressing these barriers and boosting Internet penetration will require coordination across Internet ecosystem participants.

6. Approximately 2 billion people—or nearly half the o�ine population—reside in ten countries that face signi�cant challenges across all four barrier categories. An additional 1.1 billion people live in countries in which a single bar-rier category dominates.

Based on the combination and severity of the bar-riers they face (as indicated by the Internet Barri-ers Index), countries fall into one of �ve groups. These groupings provide insight into each set’s common challenges, which could stem from simi-lar root causes.

Group one: High barriers across the board. This group consists of �ve countries in Africa and Asia—Bangladesh, Ethiopia, Nigeria, Pakistan, and Tanzania—that are home to just over 550 mil-lion o�ine individuals and face entrenched obsta-cles to expanding Internet adoption. Each of the countries in this group performed poorly across all four barrier categories of the Internet Barriers Index; their scores in individual pillars fall primar-

ily in the lowest quartile. The o�ine populations in these countries are predominantly young and rural and have low literacy rates. The aggregate Internet penetration rate across the group was 15 percent in 2013.

Group two: Medium to high barriers. Countries in this group include Egypt, India, Indonesia, the Philippines, and Thailand, each of which faces medium to high barriers to Internet adoption. The countries in this group rank in the lowest two quartiles in several categories in the Internet Bar-riers Index, with their greatest challenges lying in the incentives and infrastructure barrier cat-egories. Home to an o�ine population of more than 1.4 billion individuals, this group had an ag-gregate Internet penetration rate of 19 percent in 2013.

Group three: Medium barriers, greatest challeng-es in incentives. Comprised of China, Sri Lanka, and Vietnam, this group is home to approximately 800 million o�ine individuals. The o�ine popu-lation in each country is largely rural and literate. With the exception of the incentives category, where both China and Vietnam scored in the bot-tom quartile, the countries in this group rank in the middle (second or third) quartiles across each pillar of the Internet Barriers Index. In aggregate, this group has an Internet penetration rate of 45 percent.

Group four: Medium barriers, greatest challenges in low incomes and a�ordability.This group con-sists of Brazil, Colombia, Mexico, South Africa, and Turkey and accounts for an o�ine population of just under 260 million individuals. With an aggre-gate Internet penetration rate of 49 percent, these countries are characterized by o�ine populations that are predominantly urban, literate, and low in-come. All of the countries in this group score in


30

the middle (second or third) quartiles in the user capability and infrastructure categories of the In-ternet Barriers Index, and a couple countries rank in the �rst quartile in the incentives category. However, in contrast with those bright spots, low incomes and a�ordability remains a signi�cant challenge; each of the countries in this group fac-es some combination of low GDP per capita, large proportions of their population with low incomes, and a high poverty rate.

Group �ve: Low barriers across the board. This group is composed of countries that face rela-tively low barriers compared with the other four groups, resulting in an aggregate Internet pen-etration rate of 79 percent. Countries in this group include Germany, Italy, Japan, Korea, Russia, and the United States. Despite the low barriers, these six countries are still home to aggregate o�ine population of approximately 180 million people. Interestingly, given the high Internet penetration rates in this group, the o�ine populations are dis-proportionately low income and female.

7. Current initiatives, forthcoming innovations, and lessons from countries that have made headway are cause for optimism.

Nations around the world have recognized the transformational impact of bringing more of their population online and are moving aggressively on several fronts to do just that. Governments are setting ambitious goals for mobile-Internet cov-erage and investing to extend �xed-broadband infrastructure and increase public Wi-Fi access. At the same time, network operators and device manufacturers are exploring ways to further re-duce the cost of access and provide service to un-derserved populations. In addition, content and service providers are innovating on services that could improve the economic prospects and qual-

ity of life of Internet users.

Going forward, sustained, inclusive Internet user growth will require a multipronged strategy—one that will depend on close collaboration among players across the ecosystem, including govern-ments, policy makers, nongovernmental organi-zations, network operators, device manufactur-ers, content and service providers, and brands.

This article was originally published in McKinsey Quarterly, www.mckinseyquar-terly.com. Copyright (c) [2013] McKinsey & Company. All rights reserved.

WWW.AIMA.IN

WWW.AIMA.IN

WWW.AIMA.IN

AIMA | NEWS FROM LMA | SEPTEMBER 2014

32

News from LMAs

Allahabad Management Association

Prof. Jagdish Khatri, Prof. B.N. Mehrotra and Vibhav Bajpai

Allahabad Management Association organised a special function on the challenges faced by teachers in the modern era. “You cannot teach yesterday’s concepts to today’s generation for solving tomorrow’s problems. Teachers, hence, need to constantly update themselves.” These thoughts were expressed by Prof. B.N. Mehrotra, Director, NIIT, Allahabad and ex-Head, MBA, Panjab University, Chandigarh while delivering a keynote address on ‘Changing role of teachers in modern education’ at a special function of Allahabad Management Association. Prof. Mehrotra highlighted the need to consider the changing aspirations of new generation, socio-economic realities and technological advancements in educational �eld.

Vibhav Bajpai, Secretary, Allahabad Management Association

Mr Vibhav Bajpai, Secretary, Allahabad Management Association spoke at SHIATS Deemed University on how to improve communication skills and how to improve and manage e-governance in agriculture by the help of presentations and videos and how to host the information on the WEB for the bene�t of the society.

Baroda Management AssociationMDPs

A special MDP was held on 5th – 6th September on the topic ‘Dynamite Sales Presentation’ by Ms. Rama Moondra, IIM alumnus and a well known International coach.

The speaker covered the basics of face-to-face presentation and made each participant practice the same by making them do an individual sales presentation taking any general product to sell.

Mr. Billodal Sinha along with the participants

An MDP was held on 18th September on ‘Mind Power’ by Mr. Billodal Sinha a well known soft skills Trainer. The session highlighted various perspectives of Mind Power which a common human being often misinterprets.

Another MDP was held on 25th September on ‘Understanding Customer Delight’ by Ms. Bharti


33

Naik. This programme revolved understanding the element of delight for the customer that is beyond customer satisfaction.

Ms. Bharti Naik along with the participants

Lean Six Sigma Green Belt Certi�cation Course

Mr. Nandha Kumar and Mr. Sagar Mehta (Hon. Secretary, BMA) along with the participants

A Lean Six Sigma Certi�cation course was held at BMA from 9th – 12th September. The faculty demonstrated how the Lean and Six Sigma can help to achieve breakthrough improvement and incorporate Lean manufacturing tools with Six Sigma methodologies, focusing on reducing variability in a process.

Bharuch District Management Association Training Programme

Bharuch District Management Association organised an in-house First Aid Training Programme at Torrent Pharma, Dahej on 5th September. The programme was led by Dr. H. I. Shah, Authorised �rst aid trainer and Hon. Secretary, St. John Ambulance Association, Bharuch Centre

Book Lovers’ Meet

Dr. Manilal H. Shah addressing the gathering

BDMA held its 229th Book Lovers’ Meet on ‘Magan Somani Asha’ on 18th September led by Dr. Manilal Patel, Poet, author of short stories and retired professor of Gujarati Literature.

CEO Think Tank Forum

Mr. M.A Hania, Sr. VP, Meghmani Fine Chem Ltd.


34

BDMA held its CEO Think Tank Forum on the theme ‘My Experiences of following Spirituality in my Career’ by Mr. M. A. Hania, Sr. V P, Meghmani Fine Chem Ltd. Dahej on 19th September.

MDP

An MDP on ‘Behaviour Based Safety Management System’ was held and addressed by Mr. Bhagirath Chandak, Safety Advisor & Trainer on 30th September.

Bombay Management AssociationWorkshops

Faculty Mr. Vincent D’Silva, Executive Director, Mr. V. Sarangapani and Ms. Mayuri Mistry (New Director) with the participants

A half-day workshop on Graphology by Dr. Parag M Khatri was conducted on 6th September. It was a great learning for the participants and at the end of the workshop all received certi�cates.

A workshop on ‘Managing Salesforce’ was conducted by Mr. Vincent D’Silva, Executive Director of Silva Management on 9th September.

On 19th September a workshop on ‘Service Tax’ by CMA P.C. Parikh was conducted.

‘From Secretary to World Class Administrative

Professional’ a regular programme of BMA was conducted once again on 23rd & 24th September by Ms. Homai Mehta, Director of Sir J J College of Commerce.

Faculty Ms. Homai Mehta with the participants

A one day workshop on ‘Big Data & HR : HR Analytics Reinvented HR Analytics’ by Mr. Sumeet Varghese, SPHR – Founding Partner, Your HR Buddy was conducted on 30th September.

Industrial Visits

BMA organised a visit to Mahindra & Mahindra Kandivali Plant on 12th September. A group of 32 members visited the plant and gained �rsthand knowledge.

Participants at the Mahindra and Mahindra Kandivali Plant


35

A visit to Raymond Limited, Vapi was organised on 20th September for the faculty and management students of Aruna Manharlal Shah Institute of Management & Research.

Evening Talk

An Evening Talk on ‘Knowledge Management: The Role of Digitization’ by Dr. Nilay Yajnik, was held on 29th September at Don Bosco Institute of Management and Research. The session was interactive and thought provoking followed by question and answer session.

Calcutta Management Association

Conference on Empowering Small & Medium Enterprises-Focus West Bengal

Calcutta Management Association organised a programme for the MSMEs on 13th September. The speakers at the conference were well known academicians, professionals and bankers. Mr Rajiva Sinha, IAS, Principal Secretary, MSME & T Department, Government of West Bengal spoke extensively on topics like CSR, Digital Marketing, Skill Development, Financing Recruitment. Other speakers included Dr Nisigandha Bhuyan, Asst Professor, Business Ethics & Communication Group, IIM, Calcutta; Mr Ranjan Choudhry, Head, Investing & Incentivizing, National Skill Development Corporation; Mr Sidhartha Roy,

Executive Director, Response India; Mr P Choudhury, Chairman & Group CEO, ICRA Ltd; Mr S Srinivasan, Executive Director, IDBI Bank; Mr S S Radha Ramana, DGM, SIDBI, Kolkata; Dr Partha Ray, Professor of Economics, IIM, Calcutta; Mr Zairus Master, Business Head, Shine.com and Mr Harpreet Singh, Chief Manager, ABP. The full day programme and was very well received.

Calicut Management Association Calicut Management Association organised its First Managing committee meeting on 22nd September. The meeting began with a welcome and presidential address by the President, Adv. James Thomas. Previous meeting’s minutes were read by Secretary, Akhin P. The accounts was presented by treasurer, P Gopinathan. The meeting was attended by 21 members.

Coimbatore Management AssociationCMA’s ‘Monday Musings’ is a 45 minute, popular, interactive programme on a topic concerning Individual and Institutional Management. Monday Musing is conducted every Monday evening at CMA premises. It is usually attended by more than 30 people.

Mr. Ramanathan Somasundaram addressing on Digital Marketing What is coming


36

Delhi Management AssociationDr. A K Balyan, President, DMA chaired the 58th Annual General Meeting of the Delhi Management Association on 13th September. Mr. Rajan Pandhi, Director, DMA shared a presentation on DMA achievements and its future road map. Members appreciated the various initiatives taken by DMA and noted with satisfaction the upcoming activities of the Association.

Book Launch

(L-R) Ms. Neeru Abrol, Sr. Vice President, DMA; Dr. Rajeshwari Narendran, Honorary Director, Academy of Human Resource Development; Dr. A K Balyan, President, DMA; Mr. Rajan Pandhi, Director, DMA; Dr. Nalin Shinghal, Past President, DMA

Dr. A K Balyan, MD & CEO, Petronet LNG and President DMA released a book on ‘Innovative Best Practices in HRD & Training’ jointly authored by Dr. Sunil Abrol, Past President, DMA and Dr. Rajeshwari Narendran, Honorary Director, Academy of Human Resource Development on 13th September in the gathering of corporate professionals.

DMA in collaboration with Innovative Institute of Unlearning organised the release of the book titled ‘Unlearning for Success’ authored by Wing Commander KK Verma (Retd.) on 13th September. The book was launched by Mr Ashok Arora, Secretary, Supreme Court Bar Association, Author &

Motivational Speaker along with Mr Kumar Saurabh, Trainer and founder of Leaderz Walk Life Skills Education and Ms Meena Agarwal, Ex Chief Engineer NHPC Ltd. Trainer & Founder, Mindsoul Solutions.

Co�ee Session

DMA in collaboration with Innovative Institute of Unlearning organised its fourth co�ee session on ‘Unlearning with Success’ on 13th September with Mr Ashok Arora, Former Secretary of Supreme Court Bar Association, Author and Motivational Speaker; Ms Meena Agarwal, Ex Chief Engineer NHPC Ltd. and Trainer & Founder Mindsoul Solutions; Mr Kumar Saurabh, Trainer and Founder of Leaderz Walk Life Skills Education and Wing Commander KK Verma (Retd.), Author and Speaker as the key resource persons.

Participants at the Coffee Session

Workshop

Participants at the workshop


37

DMA organised a workshop on ‘Dynamics in Industrial Relations– Yesterday, Today & Tomorrow’ on 26th September with Mr. G M Saini, Managing Director, GMS Solutions as Programme Director.The inaugural and keynote address was given by the Chief Guest, Dr. Rajinder Dhar. Ms. Shakuntala Patnaik, Deputy Labour Welfare Commissioner (Central) spoke on the Role of State and Government Machinery in conciliating industrial con�icts and overseeing industrial relations in industries. The last technical session on Adjudication of Industrial Disputes and their impact on Industrial Relations in Industries, Society and the Nation was discussed by Mr H L Kumar, Senior Advocate, Supreme Court of India & Chief Editor, Labour Law Reporter.

Ghaziabad Management Association Presentation

Participants at the presentation

Keeping in mind the interests of the members regarding enhancing their business opportunities, Ghaziabad Management Association organised a presentation on 18th September for its corporate members on the ‘New City Center’ that is being carved out in Kavi Nagar, Ghaziabad which consists of Industrial and Commercial plots. This was conducted in continuation of the Executive Committee meeting so that the E C members also have advantage of

participating in the presentation. The members appreciated the activity and showed keen interest in the presentation.

Interactive Session

Ghaziabad Management Association organised a lecture cum interactive session for students with Dr. Dipak Kumar Sharma, a Motivational speaker, Consultant & Director, S.S. Associates, on 20th September. The students were from IMS, HRIT and two more management institutes of Ghaziabad. The topic of the session was ‘Success begins at the end of our comfort zone’. The speaker emphasised the importance of hard work and that it was the only way to be successful. The lecture generated a great deal of interaction and was very much appreciated.

Dr. D. K. Sharma, with Director IMS and Mr. Vinay Gupta, ED GMA

Guwahati Management AssociationGuwahati Management Association organised a seminar on the theme ‘Manufacturing of IT components in Assam’ on 26th September. Mr. Rajib Bora, IAS, Principal Secretary, department of IT, Government of Assam inaugurated the seminar and delivered key note address.

Mr. D S Pegu, Managing Director, AMTRON spoke


38

about the possibilities of manufacture of various IT components locally by entrepreneurs. Dr. Debdas Kakoti, Ex Prof IIT, Madras and Ex Vice Chancellor, Dibrugarh University participated in the seminar as guest speakers. Mr. S B Sarmah, Hony General secretary, GMA formally handed over the AIMA LMA Award to President GMA through Mr Rajib Bora, Principal Secretary, IT Department, Government of Assam.

(L-R) Mr. P K Borthalar, Vice President GMA; Mr Rajib Bora, IAS Prinicipal Secretary, Govt of Assam; Mr D N Baura, President GMA; Mr D S Pegu, MD, AMTRON; Mr Devdas Kakoti, Ex Prof IIT Madras, Ex VC Dibrugarh University

The seminar was well attended by about eighty participants including members of GMA, faculty from academic institutes and members from public.

Hyderabad Management Association

Golden Jubilee Lecture

This being the Golden Jubilee Year of the Hyderabad Management Association, HMA embarked upon a lecture series entiled ‘Telangana : Road Ahead’. The lecture series was inaugurated on the 12th September by the Minister for IT and Panchayat Raj, Mr. K. T. Rama Rao, Government of Telangana. He also released the Golden Jubilee logo on the occasion. The theme address was given by Mr. Kingshuk Nag,

Resident Editor, The Times of India, Hyderabad and Ms. Sangita Reddy, Jt Managing Director, Apollo Group of Hospitals.

The Chief Guest with the esteemed panelists at the session

Book Launch

HMA organised a lecture meeting cum book launch on 22nd September. The Chief Guest on the occasion was Mr Mohan Kanda, IAS (Retd) and the author and speaker of the day was Mr Venkat Changavalli.

(L-R) Srinivas Ayyadevara, President HMA; Mohan Kanda, IAS (Retd); Venkat Changavalli, Author and Speaker of the day and Vijay Vedantam, Jt Secretary HMA

Indore Management AssociationTraining @ Doorsteps

Indore Management Association (IMA) organised its


39

Training @ Doorsteps a one-day Workshop for the

corporate people on 29th September. The module

for the workshop was ‘Managing Emotions’ and the

speaker for the session was Mr. Shashank Kasliwal,

Founder Director of Emotional Intelligence Inc. The

companies that participated in the workshop were

Mahle, Jaideep Ispat & Alloys, Piramal, Ruchi, Cipla,

Capital Construction, Capco, Methodex, STI India

Ltd., Erawat Pharma.

Mr. Shashank Kasliwal during an activity with the participants.

HR Forum Meeting

The participants during the HR Forum Meeting.

IMA organised its HR Forum Meeting on the topic

‘New Grad Hires: Ready and willing. But are they

Able?’ on 26th September. The discussion was

enriching and the programme was well appreciated

by the participants.

Film Show

Mr. Shailesh Danani moderating the movie.

Indore Management Association organised its Film

Show based on the famous Hollywood movie ‘Jobs’

on 23rd September. The moderator for the session

was Mr. Shailesh Danani, Convener of the IMA

Innovation Forum. The movie beautifully portrayed

the passion of one man, Steve Jobs to give leadership

and direction to his vision.

51st Foundation Day

The panelist during the Panel Discussion on the topic ‘Indian Business - Today & Tomorrow’.


40

Indore Management Association organised its 51st Foundation Day on 12th September at Indore. Mr. Kewal Handa, Chief Executive O�cer at Third Eye Cinema Fund & Former MD, P�zer Inc was the Chief Guest and speaker for the occasion. Mr. Handa addressed the gathering on the topic ‘Double Digit Growth-Making It Happen’.

IMA also honoured its Corporate & Individual Members for their long term association. The lecture was followed by an interesting panel discussion, with eminent panelists on the topic ‘Indian Business - Today & Tomorrow’. The panelists for the session were Mr. Sourangshu Sen, General Manager State Bank of India; Mr. Ajay Savekari, Director - Human Resources, Administration, Purchase, Logistics and IT, Bridgestone India Private Limited.

Tete-a-Tete

Dr. Vithal Kamat, Chairman, Asia’s first – Ecotel Hotel – The Orchid delivering speech on ‘Learning through Experience’

IMA organised its prestigious Tete-e-Tete on 15th September. Dr. Vithal Venkatesh Kamat, Chairman, Asia’s �rst – Ecotel Hotel – The Orchid was the Chief Guest and speaker for the occasion and spoke on ‘Learning Through Experience’

The companies that participated in the programme were Sigma Chemicals, Neeraj Engineering, Rajratan Global Wires Ltd, Capital Via Global Research Ltd. ,

Piramal, John Deere, Capco, Capital Constructions, Sigma Chemicals, Mahindra and many more.

Workshop

IMA organised its Evolution for Excellence a One day workshop on TQM on 5th September led by Shad Raza. The companies that participated in the workshop were Rajratan Global Wire, Capital Via, Methodex, Jaideep Ispat & Alloys, John Deere, Pratibha Syntex, D&H Secheron, Sigma Chemicals, Capco, SKM Steels Ltd., Kirloskar, Mahle, SRF, HEG, ACE Engineerings, National School of selling, Indira Securities and many more.

Jalandhar Management AssociationThe Jalandhar Management Association organised its 2nd Annual Awards ceremony function on 12th September. Inspirational achievers from the �eld of business, industry and academia were honoured at a glittering ceremony under di�erent categories. General V P Malik, former Chief of The Indian Army was the Chief Guest on the occasion and Mr. K K Yadav, Deputy Commissioner, Jalandhar was the Guest of Honour. General V P Malik, in his key note address, shared his views on important issues like national security, defense preparedness and diplomacy especially in the context of India’s neighbouring countries.

General V P Malik, Former Chief of the Army Staff, addressing the audience.


41

The function was attended by eminent industrialists, senior doctors of the city & professionals from the region.

Award Winners from the field of industry, business & academia with JMA office bearers.

Kala Amb Management AssociationKala Amb Management Association in association with Himalayan Institute of Management organised a workshop on the topic ‘The Recent Management Techniques in the Present Business Scenario’ on 26th September. Mr. Jamal, General Manager & Mr. Ravish Bhanot, Corporate Head Design/R&D, Continental Furnishers Ltd. were the guest speakers. The keynote speaker at the workshop was Cdr. Arvind Gupta, Director General C&C, Himalayan Group of Professional Institutions. The programme was very well received.

Kerala Management AssociationManagement Education Programmes

A one day Workshop on ‘Mentoring Skills for Leaders’ was held on 19th August. The programme facilitator was Mr. Shamim Rafeek, Corporate Trainer & Success Coach, Founder & Chief Facilitator, Winner in You Training & Coaching Services.

A two day Workshop on Transformational Leader

Manager was held on 17th & 18th September at Cochin. The programme facilitator was Mr. G. Balachandran, HRD Consultant, International Training Fellow and Certi�cation Commissioner, JCI Univesity, USA.

Mr. G. Balachandran interacting with participants

Curtain Raiser Event

Dr. Bala V. Balachandran inaugurating the Curtain Raiser Event of KMA Activities 2014-15

A Curtain Raiser Event of KMA Activities for the year 2014-15 was held on 21st August. Dr. Bala V. Balachandran, Distinguished Professor of Accounting and Information Management, Kellogg Institute of Management, Northwestern University, Illinois, USA & Founder, Dean & Chairman, Great Lakes Institute of Management, Chennai was the Chief Guest and


42

delivered the keynote address on the topic ‘Customer Pro�tability for Continued Excellence’.

Evening Meetings

An Evening Lecture Meeting addressed by Dr. Shiv K. Nair, Professor and Head of the Department of Cardiovascular & Thoracic Surgery, Amrita Institute of Medical Sciences (AIMS) on the topic ‘Matters of the Heart’ was held on 4th September and one on ‘A Trip to London by Road’ held on 19th September was addressed by Mr. Suresh Joseph, Former General Manager, DP World, Cochin on the An Evening Lecture Meeting addressed by Vice Admiral B. Kannan, PVSM, AVSM, VSM (Retd.) on the topic ‘Towards Creating Smarter Cities’ followed by the release of the book ‘Shubha Yatra’ authored by Mr. S. R. Nair, Past President, KMA on 29th September.

Dr. Shiv K. Nair addressing KMA Members

Panel Discussion

A Panel Discussion on ‘State Liquor Policy – Impact & Implications’ was held on 25th September. The distinguished panelists were Mr. Hibi Eden, MLA; Dr. Sebastian Paul, Ex MP & Ex MLA; Mr. Kochouseph Chittilappilly, Chairman, V-Guard Industries Ltd; Mr. Abraham George, President, Kerala Travel Mart & Chairman & MD, Intersight Tours & Travels Pvt. Ltd & Mr. Manoj K. Das, Resident Editor, Times of India, Kerala. Mr. S.R. Nair, Director, Mentor Guru

Professional Services Pvt. Limited & Past President, KMA was the moderator.

Mr. Abraham George, President Kerala Travel Mart, Mr. Hibi Eden, MLA; Dr. Sebastian Paul, Ex MP, Mr. Kochouseph Chittilappilly, and Mr. Manoj K. Das, Resident Editor Times of India interacting with the participants.

Women Managers Forum

Curtain Raiser Event of KMA Women Managers Forum 2014-15 on the topic ‘Success Mantras of Women Achievers’ was held on 26th September. Ms. R. Nishanthini IPS, Dy. Commissioner of Police, Cochin was the Chief Guest and Ms. Sheela Kochouseph, Managing Director, V-Star Creations (P) Ltd, Cochin was the Keynote Speaker. Special address was delivered by Ms. Poornima Indrajith, Actor, Anchor & Fashion Designer, Cochin.

Ms. R. Nishanthini IPS addressing the Women Managers Forum


43

Lead 2K14

LEAD - The Leadership Seminar of Rotary International District 3201 was held in association with Kerala Management Association on 28th September. The inaugural address was delivered by Mr. P. Rajeev, Member of Parliament and the keynote address was given by Dr. K. N. Raghavan IRS. Mr. P. Premchand, President, KMA addressed the gathering on the topic ‘Working Together Works’.

Ludhiana Management Association

The awardees with the Chief Guest and other dignitaries.

Ludhiana Management Association organised its 36th Annual Day Function on 3rd September. Ludhiana Management Association recognises the performance & excellence of Executive & Entrepreneurs in their professions for which LMA instituted six annual awards. These prestigious awards were given away by the Chief Guest, Mr Balramji Dass Tandon, Governor of Chhattishgarh on the occasion. Mr Tandon said due to rampant change in the country’s economic atmosphere, people are looking at investment in India. “As per the latest statistics, there seems to be positive signs of investment” he stated and appreciated the business community of Ludhiana for developing center of Trade & Commerce. The function was attended by 550 industrialists, entrepreneurs, senior business executives, management academicians,

professionals, & government o�cers.

Seminar

Ludhiana Management Association organised a seminar on 23rd September by Mr. Rajat Jain, MD, Xerox India Limited on ‘Business Transformation for Survival and Growth : Managing an Ever Changing Business Environment. Mr. Rajat Jain stressed the need to �rst understand VUCA environment in which we are presently working and then plan to develop the survival and growth strategies. Mr Sachit Jain, President delivered the presidential remarks and urged the members to create the ability to sense the opportunity in this turbulent time and to gear-up for exploiting the same.

Mr Rajat Jain addressing

Meerut Management Association The Annual General Meeting of Meerut Management Association was held on 27th September. Capt. V. K. Gupta took over as the President along with a new team. The outgoing President, Mr. Rajeev Jain presented the Annual Report Balance Sheet, Pro�t & Loss Account for the �nancial year. All these were approved/adopted unanimously.

Thrissur Management Association Special Programme

Thrissur Management Association jointly with


44

Chamber of Commerce, Thrissur and CII, Thrissur Zone arranged a function on 3rd September where Govt. of Ras al-Khaimah Investment Authority, made a presentation on business opportunities in Ras al-Khaimah, UAE.

Inaugural ceremony of Business Opportunities in Ras Al Khaimah, UAE

Mr. Azeeb, Vice-President Marketing, RAKIA, UAE and Ms. Aditi Gupta introduced business opportunities at RAK. The other speakers were Er. M. R. Gopalakrishnan, President TMA; Mr. T. S. Pattabhiraman, President, Chamber of Commerce, Thrissur; Mr. V. P. Nandakumar, Chairman CII, Thrissur zonal council and Dr. V. M. Xaviour, Honorary Secretary, TMA.

Lecture

TMA organised a lecture on ‘Business Model Focused on Enterprise Excellence’ by Mr. Unnikrishna Varier, Texas USA on 19th September. This programme was inaugurated by Dr. Sarth Ammnugamma, Deputy Minister of Finance and Planning, Sri Lanka. In this meeting a rousing reception was given to Mr. P. K. Vijayakumar Menon IRS, Insurance Ombudsman for Kerala and Lakshadweep. The other speakers on this occasion were, Er. Vinod Manjila, Hon. Joint secretary, TMA; Dr. CA V. Venugopal, Sr. Vice President, TMA; CA TR Anantharaman, Hon.Treasurer, TMA; CA T. S.

Anantharaman, Past President, TMA and Dr. V. M. Xaviour, Hon. Secretary, TMA.

Dr. Sarth Ammnugamma, Deputy Minister of Finance and Planning, Sri Lanka, addressing TMA Members

Trivandrum Management AssociationA one day Management Development Programme titled ‘Working with Inner Strength’ was organised on 29th September. The MDP focused on middle and senior level executives from Industry and Government. The Programme was inaugurated by Mr. Arun Kumar Sinha IPS, Basanth Kumar. B. S, Hon Secretary delivered the welcome speech and Mr. Sethumadavan gave the vote of Thanks. Mr. S. Ramnath, MD, KINFRA presided over the function. Dr. Maany Pual handled the entire session and it was well received.

The MDP in progress

WWW.AIMA.IN

WWW.AIMA.IN

WWW.AIMA.IN

AIMA | AIMA EVENTS CALENDAR | SEPTEMBER 2014

46

AIMA Events CalendarEvent Conference Director Venue Date

Shaping Young Minds Programme

Bharuch 09 October 2014

18th Student ManagementGames (SMG 2014)

SouthWestNorthOnline

09 Sept–31 Oct 201422–24 September 201425–27 September 201413–17 October 2014

Lean Summit Bangalore 05–06 November 2014

SYMP Madurai 06 November 2014

Young Leaders Retreat Shivinder MohanSingh, Executive Vice Chairman, Fortis & Vineet Agarwal, Managing Director Transport Corporation of India Ltd.

Goa 14–16 November 2014

Workshop on Innovation Soumitra Dutta,Anne and ElmerLindseth, Dean and Professor of Management,Samuel Curtis JohnsonGraduate School ofManagement,Cornell University

New Delhi 24 November 2014

Case Writing Workshop New Delhi 19-21 November 2014

South Asia Conclave Lahore, Pakistan 20–21 November 2014

15th NationalManagement Quiz ForCorporates and 2nd HRQuiz

ChennaiMumbaiKolkataDelhi

29 November 201413 December 201406 December 201420 December 2014

Four Day Workshop onthe Totality of ProjectManagement

New Delhi 01 December 2014

AIMA | AIMA EVENTS CALENDAR | SEPTEMBER 2014

47

To view full calendar please visit www.aima.in

[email protected] any feedback, suggestions or advertising queries please write to,

Published and released by AIMA Corporate Communications.also follow us on

Event Conference Director Venue Date

HRM Summit Mohandas Pai, Chairman, Manipal Global Education

New Delhi 16 December 2014

SYMP Baroda 09 January 2015

PSU Summit New Delhi 15 January 2015

Senior Leadership Retreat

Sunil Kant Munjal, Joint Managing Director, Hero MotoCorp and Chairman, Hero Corporate Service Ltd.

Goa 29–31 January 2015

National StudentQuiz

Pan India January–February 2015

World Marketing Congress

S K Swamy, Chairman & MD, RK Swamy BBDO Pvt. Ltd.

New Delhi 17-18 February 2015

AIMA 59th Foundation Day & 9th National Management Day

New Delhi 21 February 2015

Pragati Ahmedabad PuneChennaiGrand Finale

28 February 201528 February 201506 March 201513 March 2015

SYMP Kochi 14 March 2015

SYMP Indore 11September 2015

All India Management Association Management House, 14 Institutional Area, Lodhi Road, New Delhi-110003

Tel.: 011-24645100, 43128100 ; Fax: 011-24626689, Website: www.aima.in

WWW.AIMA.IN

contentsresources.aima.in/aima news sept 2014.pdf · aima and executive vice chairman, essar steel...

Documents