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July 2016| Vol.

Interface
The Newsletter of IMI, New Delhi

FROM THE EDITORS DESK


In this ever changing world if there is
some element of status quo then it
Operations Management
lies in ideas. Ideas are wonderful but
they must also have the potential to
& its Implementations
take shape. To achieve that, their Perhaps the oldest thread in the fabric of
implementation should be management, Operations has always been one of
immaculate with little or no scope of the most sought after fields and here we bring
error, which brings us to the theme together its differing applications. In the time and
for this newsletter Operations age of ubiquitous technologies, Operations
management; without which ideas Management empowers an organization by giving
would end up as an amorphous it the power to deliver efficiently and provide
formation
formation and never come to fruition.and neverits application
In short, come to optimized solutions. Though it is an integral part of
fruition.
helps transform these ideas into tangible realities. all processes, this field is still often misrepresented
Furthermore, this edition will take you through the as being merely one revolving around
Convocation and Induction ceremonies which have been the manufacturing. Here we present to you, a myriad
highlights of 2016. of concepts, other than manufacturing, associated
It also contains the interviews of some of the celebrated with the field of Operations like Augmented
alumni of the college which will give you some food for reality, Big Data in Supply Chain to name a few.
thought. Through this edition, we hope to clear these
misconceptions and showcase the field of
-Dr. D.K. Batra is Chairperson of Branding and Media operations in a more holistic manner.
Relations Committee at International Management Institute,
New Delhi

Thinking Supply Logistics: The Key to Sustainability Augmented Reality Convocation


Chain? Think Big Realizing Celestial Dreams in Operations Supply Chain 2016
>Page 2 >Page 3 >Page 4 >Page 4 >Page 5
Thinking Supply Chain? Think Big
As the impact of globalization on the the previous learning and identifies analytics, however, requires a heavy
economy continues to deepen, the ideal relationship for achieving investment not only in technology but
modernday supply chains are the best possible decisions for the also in the human resource area by
turning more and more complex and future. the organization. Moreover,
in this age of amplified complexities, Applications for analysis of big data application of big data solely for the
Big Data has emerged as an can thus be found in inventory purpose of supply chain management
indispensable tool for the management, forecasting and would not help in improving the
optimization of supply chains. Big transportation logistics. In business as a whole.
Data refers to the extremely large warehouses, the analysis of
and dynamic data sets created by unstructured data obtained from the
people, tools and machines. It can be installed digital cameras can assist in
best described by the help of the 4Vs: tracking and monitoring stock levels,
Volume, Velocity, Veracity and thereby providing alerts whenever
Variety. restocking is needed.
Big data analytics ultimately envisions
enabling the warehouse and
distribution centres to run
themselves with very little human
intervention. Advanced big data
analytics can also assist in anticipating
and predicting consumer behavior
and preferences, allowing
organizations to define the focal
points of their supply chains. For
instance, if it is observed that the In recent times, big data analytics has
customers value convenience, then been implemented in various verticals
the companies may choose to across the organization such as
increase their focus on enhancement marketing and manufacturing, and has
Organizations today can exploit the of the distribution network. thereby improved the efficiency of
innumerable insights inferred from business as a whole.
the analysis of Big Data for the
purpose of enhancing their supply
chain efficiencies. Big Data in real
time can help supply chains respond
to customers in newer ways.
Organizations that create the
infrastructure to capture, process,
analyze and distribute the data
across their supply chains will be
enabled to adjust their capacities and
inventories in real time, thereby
creating and successfully converting
several more potential business
opportunities.
The conventional method of the
supply chain management involves
the development of complex tools to
generate forecasts about the future
demand. These generated forecasts Similarly, if the customers value business as a whole. Big Data
are then used to come up with right quality, then more priority could be Analytics today is considered as a
managerial decision to meet the given to product lifecycle disruptive and substantially significant
demand. This multi-stage approach management, supplier relationship technology and is definitely set to
can, at times, result in a sluggish management, and manufacturing. Big revolutionize the supply chains by
performance, thereby making way Data can thus significantly help in empowering them to design and
for Big Data Analytics to contribute in enhancing the responsiveness and execute accurate models for
a significant way. Big data analytics, reliability of the supply chain. The production, procurement and
being a single step process, assesses successful implementation of big-data distribution.
the previous analytics, however, requires a heavy
investment not only in

2 Article provided by Operations Club, IMI New Delhi


Logistics: The Key to Realizing
Celestial Dreams
Logistics management plays an The crew at the International Space
imperative role in the prosperity of a station accomplishes the objective of
venture. Even more so is the case timely delivery of goods by virtue of
when it comes to the complex space robotic aircrafts while tracking and
exploration missions. As space maintaining the inventory by help of
programs become more and more barcode readers. With progress in
ambitious, the need for a complex yet science, newer technologies such as
optimal supply chain network both on REALM or RFIS-Enabled Autonomous
the ground and in space has only Logistics Management have come
magnified. into the fray, replacing traditional
technologies such as bar-code
scanners. The inventory at the ISS is
classified into: store stock, program
stock, just-in-time stock, and standby
stock. All these items are required to development of the space segment.
be uniformly identified, described, There is now, however, a gradual
classified, and published into one realization that space stations such as
database. the International Space Station
Space systems usually constitute the should be treated as an integrated
following elements: satellites orbiting supply chain, instead of isolated
the earth (the space segment); missions. By 2020, NASA envisions to
Consider the aspect of inventory ground-based systems to monitor and establish a long-term human
management. Imagine a situation command the satellites (the control presence on the moon, potentially
when a new crew member arrives on segment); various types of equipment centered on an outpost at the rim of
the International Space Station only to (the terminal, or user segment) and the Shackleton crater located near
find that the entire supply of coffee launch vehicles that carry satellites to the lunar South Pole by virtue of
has been consumed, leaving him with orbit (the launch segment). these very integrated supply chains.
only 500 packets of mayonnaise. Some of the concepts in the pipeline
Unlike on the ground, he cannot just of space-age technology are:
simply order online or walk down to aerospace planes for creating an
the nearest shop, but instead he has effective transportation link between
to wait for the next batch to arrive terrestrial space-ports and
which may take anything from a few destinations in the lower earth orbit
days to few months. But what if the (LEO), co-orbiting space logistics
item in question was not coffee but depots for receiving cargo and
something indispensable, such as passengers from earth, on-site
batteries? The entire survival and logistical services and space-based,
safety of the mission would depend fully-reusable space logistics vehicles
solely on the timely delivery and to provide transportation for
receipt of goods. So with reason, passengers and cargo.
inventory management for such
ventures requires a high degree of
control, as improper substitution or
untimely depletion of certain items
can lead to catastrophic
repercussions. Adding to the Logistics planning takes a very
complexity are thousands of objects, different form for each segment of a With technologies and visions for
both large and small, ranging from space system. Logistics planning and space set to become more and more
everyday personal supplies to implementation has different focus intricate and audacious, logistics is
equipment essential for scientific areas for each segment of the space undoubtedly poised to play a key role
experiments, stored at a multitude of station, such as design reliability and in determining the success or failure
locations across the space-stations. ensuring mission capability during the of future space odysseys.

Article provided by Operations Club, IMI New Delhi 3


Sustainability in Operations
the longer run. However, measuring the other ways in which a company
the performance based on such a can bring about sustainability are:
definition would not be very Reducing polluting effluents
straightforward/uncomplicated/unde Recovering harmful chemicals
manding. Environment management which cause pollution
is a major component of the Using renewable source of energy
sustainability concept defined above. Reducing the amount of material
Dr. Siddharth Varma The harmful effects on the being used
Chairperson, Operations & environment are often a Reducing energy consumption
Quantitative Techniques Area consequence of the operations of a Disposing of waste safely
firm, particularly the manufacturing Companies need to adopt a cradle to
Sustainability has acquired a new firms. As such, it is reasonable that the grave approach to secure
meaning in todays business world. Operations function must also take sustainability for their products.
The traditional view of sustainability some responsibility to alleviate these In other words, they have to keep in
focused only on the financial aspect of effects on the environment. mind the effects on the environment
it. Such a definition was uni- Sustainability, therefore, acquires a not only during the production phase
dimensional and was not necessarily huge importance to the Operations but also during usage and disposal of
measuring the long term performance function. Since Operations of a firm the product. Sustainability can
but providing an easy and straight are inextricably linked to the improve financial performance. In
forward measure of performance. A environment, an Environment many cases, reduction in energy usage
sustainable supply chain has to look at strategy becomes an essential and reduction in use of material are
a wider set of performance objectives component of sustainability in clearly cost saving measures also. In
rather than the mere financial Operations and can be brought about other words, not conforming to a
performance. In any case, in the long in a number of ways. However, each sustainable approach can mean
run, even financial performance can firm has to find its own ways of increased costs and increased
be related to seemingly non financial incorporating sustainability depending wastage. In a broader sense, improved
parameters like the environment that on the sort of operations it is involved productivity means better
surrounds us. The borderline between in. Walmart uses renewable energy sustainability for the Operations
the concepts of Sustainability and sources like solar and wind energy to function.
Corporate Social Responsibility is generate power. It uses natural light
indeed getting blurred! New to supplement lighting in its stores
performance requirements have to be and has a measurable target for
based on a framework which achieving efficiency in its fleet of
integrates economic sustainability, trucks. On the other hand, Mc Sustainability is, thus, a more prudent
environment management and social Donalds has reduced the weight of its and long term approach for survival;
responsibility. Such a definition of packaging substantially and tries to survival not only of the business
sustainability will be more recycle and reuse some of the organizations but survival of
comprehensive and more relevant in materials it uses in its outlets. Some of humankind.

Augmented Reality Supply Chain


Business, notoriously famous for its in an imaginary world without any operations, quality, logistics,
transience, has radically impacted the external stimulus, augmented reality equipment repair and even in freight
scope of operations management. It is the expansion of physical loading. The accuracy with which it
has moved way beyond its clichd environment, cleverly manipulated by pinpoints the exact details eliminates
definition of merely transforming computer-generated sensory inputs. It the scope for any possible errors. All
inputs to outputs efficiently. has been used extensively by of this has collectively brought down
Therefore, to keep up with the ever aeronautics and automotive cost, staffing and has immensely
changing market dynamics, constant manufacturers for a long time. Now, it improved efficiency. AR also ensures
innovation is imperative. is time to exploit all its potential to that all regulations are in compliance.
With the dawn of the digital era, reinvent operation systems, putting For instance, AR devices can scan
logistics and supply chain an end to the impolitely long gap that trade documents and automatically
managements have become more people have been kept at, depriving propose changes or correct
delivery focused than ever before. them of the plethora of possibilities commodity code classification.
Incorporation of augmented reality that the amalgamation of AR and Translating the AR movement to
(AR) with operation systems is the supply chain has to offer. augmented reality supply chain would
next path breaking venture that Gone are the days when an dramatically change consumers' and
stands on the cusp of innovation. augmented reality supply chain was businesses' view of typical operation
Exploring virtual in the real and conveniently termed as digital processes alike. In fact, it would be
controlling the real through virtual is gimmickry by the lesser informed fair to say that augmented reality
what we can achieve. sections. It no longer deals with supply chain would act as the lynchpin
Most people confuse AR with virtual speculative fiction, but serves context of all businesses and would aid us with
reality; however, they couldn't have sensitive information instantaneously. enhanced senses in a mediated reality
been further from the truth. While It lives up to all the hype and finds use thereby transforming us to humans
virtual reality is complete immersion in order picking, warehousing 2.0.
in an imaginary world without any operations, quality, logistics,

4 Article provided by Operations Club, IMI New Delhi


Convocation 2016
Let the caps fly high
You are educated. Your certification is in your degree. You may think of it as the ticket to the good
life. Let me ask you to think of an alternative. Think of it as your ticket to change the world.
- Tom Brokaw

Amassing the aforesaid credo, the and to constantly learn, earn and Mr. Ashok Chawla expressed
IMI New Delhi campus observed the return to the society. He also paid profound happiness on being a part
convocation of the batch of 2014-16. heed to the need for dynamicity in of the assemblage and gave the
The 32nd Annual convocation was todays manager as there prevails no future managers his regards to
graced by the august presence of the strategy capable of being termed pursue their respective endeavors.
Chief Guest Mr. Ashok Chawla, common or constant. He also He divulged his experience by
Chairman of TERI and ex-chairman, impelled the students to leverage quoting instances bespeaking the
Competition Commission of India, Mr. opportunities and contribute to the
D H Pai Panandiker-President, RPG Skill India initiative.
foundation and Padmashree Dr Bakul Dr. Bakul Dholakia took this
Dholakia, Director General, IMI New opportunity to congratulate the
Delhi. The 16th of April, 2015 saw 276 graduating batch and enunciated
students immense pride in the performance of
IMI New Delhi as an institute. He
talked about the record breaking
placements and the remarkable
rankings that the institute has
procured. The student driven
initiatives like TEDx and e- Merge,
as asserted by him, were an example
of the potential demonstrated by the
students. He also advised the
students to sustain ethical conduct
and to foster social responsibility.

quoting instances bespeaking the


evolution of business and the
expectation of success with
sustainability from todays youth.
students graduating from the 6 Leadership, Empathy and Realism in
programs offered at IMI New Delhi. Ambition were mentioned by him as
This colloquium was a significant the three gems amongst the
milestone in the IMI New Delhi personal attributes that the youth of
chronicle as it marked the graduation these competitive times must
of the first batch of doctoral possess to prosper.
candidates for the Fellowship With these words of prudence, and
Management Program and the first with a thousand discernible
batch of Banking and Finance emotions, came the end of the 32nd
program. On this occasion, Mr. D H Annual Management Convocation,
Pai Panandiker urged the future and another successful batch at IMI
managers to be socially responsible New Delhi closed a chapter.
and to constantly learn, earn and
5
Induction Program
Upwards and Onwards

On the morning of 18th of June 2016, a


myriad of students, their eyes replete
with dreams of touching the zenith,
assembled in the state of art
amphitheatre of IMI New Delhi. The
students were greeted by a sprawling
campus while they made the symbolic
leap to the world of management
education, the world where they were
expected to imbibe a gamut of skill-sets
and develop the finesse to be
corporate-ready.
The Induction week was loaded with a
plethora of activities for the students. It
all started on a Sunday, with an
informative session with the professors
from each of the streams offered by IMI sessions were designed for the students introductory classes were also held in
New Delhi. The students then to make them understand the protocol this span, which were aimed to form a
proceeded to the amphitheatre where at a management school. profound foundation in the students,
they found themselves in the esteemed before the scheduled classes
company of The Director General, Dr. The Business simulation games were
commenced. The outbound activities
Bakul Dholakia. Also accompanying him aimed at giving the students an insight
were a series of fun games which were
was Mr. Atul Sobti , the guest of honor, to the complexities of the business
CMD of Bharat Heavy Electricals Ltd and world; expose them to the various both educational and as well as
a celebrated alumnus of the college. aspects that business and management enjoyable. The morning saw the
The students were also addressed by entail, like resource allocation, decision students engaging in various team
Prof. Arvind Chaturvedi (Dean, making and a planned approach on time games which were heavily inspirational
Academics & Alumni Relations), Prof. management. The students, through and emphasized on the importance of
Deepak Tandon (Programme interactive sessions, were briefed about team work in these formative days of
Chairperson, PGDM-B&FS) and Prof. V. the ways of the institute, which in turn Management studies. The activities
Chandra (Programme Chairperson, formed a basic know-how for the included rappelling, marketing
PGDM-HRM). students at IMI New Delhi. There were simulations and an array of team
The remaining week was dedicated to active interaction sessions with the building games aimed at bringing out
orientate the students according to the various Deans of the college followed by the strengths and optimizing individual
ways and works of the institute. A an open discussion with the Students abilities which suited the team best.
number of activities such as Business Council and the Clubs and Committees The major purpose for this was to bring
simulation games, Case Studies and that form the very backbone of this a sense of togetherness amongst
various other thought provoking esteemed establishment. A number of students, who for the major part were
strangers to each other till this point of
time. There was one very insightful
session with the alumni of IMI New
Delhi, the torch-bearers who have all
made a mark in the industry.
The inaugural week for the first year
students was a careful blend of
academics and fun activities, a
conscious yet subtle effort to identify
where their strengths lay, weed out the
weaknesses and address them, the
necessity of team work and how every
individual is a cog of a greater system. It
was all done to mould and comport the
students for the brilliance that IMI New
Delhi demands of them.

6
IMI New Delhi Alumni Chapter Meets
The branches spread, new seeds the representatives of the Corporate the need to further strengthen the
sprout, the fruits are borne, but the Relations Committee to showcase the alumni base and its linkage with the
roots remain. milestones achieved by the institute institute and the current students.
IMI New Delhi has been an institution thus far. In conclusion, the Chapter The Kolkata Chapter President, Mr.
that has accounted for building such meet ended on a great note and it Ritum Jain also extended his warm
strong bonds that they last a lifetime. became yet another excellent welcome to all the alumni in
On an ethical front, this bond is an stepping stone to establish long term attendance. He described the meet as
indicator of the ardor that the alumni relationship between the alumni and a valuable platform for networking
possess for the institute. IMI New its alma mater. and encouraged, those present, to
Delhi has always valued this increase the Alumni-Institute
extraordinary relationship and has Hyderabad interaction. He also urged them to use
continually worked towards Hyderabad Chapter Meet 2016 was this platform to proactively seek out
maintaining the integrity of this conducted on 4th June at Hotel budding talent from the IMI New
linkage. One step towards this has Marigold. Witnessing a turnout of 30 Delhi fraternity.
been the chapter meets. The chapter alumni from the Hyderabad area, the
meets, held across major cities of the meet turned out to be a warm affair
country, provided a platform for the with dinner in a congenial
alumni to have an interaction amongst environment. The meet was graced by
each other and with the members of the presence of Prof. Arvind
IMI New Delhi faculty. It brought forth Chaturvedi (Dean, Academics &
fruitful discussions and a lot of Alumni Relations), Prof. Pinaki The meet concluded with a
memories. Dasgupta (Dean, Placement & presentation by the members of the
Corporate Relations) and Prof. V. Alumni Relations Committee
Bengaluru Chandra, who addressed the alumni. highlighting the achievements of
The Bengaluru Chapter Meet Preceded by a round table conference International Management Institute,
commenced with a special round table between a select few alumni and the New Delhi in the past one year and
conference with the Dean of faculty members, which brought forth also the various alumni events that
Academics and Alumni Relations, Prof. a number of suggestions from the were held in the year of 2015.
Arvind Chaturvedi, Bengaluru Chapter alumni to increase their engagement
body members and the distinguished with the institute. The chapter meet Mumbai
alumni in attendance. A plethora of moved on to take an informal stance
suggestions were put forward by our The Mumbai chapter meet was held
with stories of IMI days being shared on the 28th of May, 2016 at The
alumni to strengthen the association by various alumni.
they share with their alma mater and Orchid Hotel. It was an enthralling
The meet saw an encouraging evening with about 80 alumni of IMI
its members.
participation from the 2016 batch, and New Delhi gracing the occasion with
the students were keen on one-on- their presence. The Alums from
one interactions with the senior batches as old as 1990, were a part of
members of the fraternity who shared the meet. Preceding the meet was a
their insights from their experiences. round table conference held for the
The Alumni extended their faculty members and a select few
appreciation towards the college for alumni in order to receive inputs on
organising such meets. how to increase interaction within the
alumni network.
After the conference, Prof. Chaturvedi The conference, then, gave way to a
extended his warm welcome to over Kolkata welcome speech by the current
80 alumni present for the meet and The Kolkata Chapter Meet was held on students at IMI New Delhi and an
gave a brief about the institute and June 11, 2016, was inaugurated by the address by Professor Pinaki Dasgupta.
the important recommendations Dean of Corporate Relations and Later, a stand-up comedy act was
which came up during the conference. Placements, Professor Pinaki Dasgupta performed by Mr. Deep Chhabri, to
Post that, distinguished alumni like and graced by the presence of lighten the mood and set pace for the
Mr. M.C. Kumaraswamy (Batch of Professor Pradip K. Bhaumik evening. Informal conversations flew
1985), Mr. B.S. Shantharaju (Batch of (Distinguished Professor). as the evening progressed, allowing
1987) etc. and chapter body members On the momentous occasion, the professionals from diverse
were felicitated. They all expressed Professor Dasgupta appreciated the backgrounds to interact with each
their sincere gratitude towards the efforts of the Kolkata Alumni base, other.
institute and were delighted after especially those of the three members The event was a grand success and we
meeting their fellow alumni who are of the Chapter Body, Mr. Ritum Jain, were glad to see that everyone had a
now working in different industries. Mr. Ashish Jhunjhunwala and Mr. great time, connecting to and
There was also a short presentation by Shashikant. He also emphasized on interacting with one another.

7
Since it's inception in 1981, IMI New Delhi has had the reputation of having
nurtured socially responsible leaders as its product. Here we bring to you
some of the alumni of this celebrated institution leaving a mark all across the
globe.
ALUM CONNECT
Ms. Devapriya Khanna
Chief Brand Strategist, Founder at 212 Degrees
Batch of 1993-95

If you plan for it and have a clear road


map, then you can achieve anything.
What motivated you to come back to IMI New Delhi? A lot of the students here have entrepreneurial
aspirations. Do you have any words for them?
We have received a lot from the institute in terms of
support, especially, in the years right after graduation.
When I started my career, I had no plan to start a venture
Coming back here to support the new batch is just a way
of my own. What turned out was a natural progression of
of giving back to the institute.
my career. That being said, I do believe that the corporate
What do you think has changed about IMI New Delhi? experience that I have had equipped me well to handle
The institute, today, has changed a great deal from what I the challenges of owning my venture. I think that such an
remember of it. I was a part of the first two year PGDM exposure is a definite asset, if you are planning to have
program. During that time, the brand value of IMI New your own venture.
Delhi was in the nascent stage. Today, it is an established
What has been your experience as a lady in the
brand. More people outside the academic circle know
corporate space?
IMI New Delhi, the companies are more familiar with the
Institutes brand. We were here at the starting of the I would call myself fortunate to have worked with
journey and now it has come a long way. Back then, we organizations where biases against gender have not
had to fetch for ourselves when it came to summer or existed. However, at the same time, it is sometimes hard
final placements, but today, there is a very good mix of to maintain that balance between personal and
companies coming on campus; so thats a very good professional life. My advice to other women professionals
opportunity for the students. is to not take a break. It is a challenge, and you must make
Recently you launched a venture of your own; what sure to invest in your support system. There is no perfect
motivated you to make this decision? situation. If you plan for it and have a clear road map,

The start of my career was on a very conventional route; I then you can achieve anything. Today, there are many

started with Nestle as a management trainee. For my last women like me, who have travelled the path and they are

two assignments, I had been the marketing director for ready to share their experiences and support with the

two mid-sized organizations. At this point in my career younger generation. When I started, there were not many

the next step would be to become a CEO of a company or women in such positions to guide us.

a marketing director of a bigger company. However,


What is your advice to the new students?
there had been a common theme throughout my 18
years in the field; I had majorly worked with start-up Prepare yourself in a way that you have your path chalked
brands and I realized I wanted to continue doing that, the out, this does not mean that you will not encounter
entrepreneurial bug had bitten me hard and I couldnt surprises on your way but you will know that it is an
resist the pull. obstacle you have to deal with and overcome.

10
SIP Testimonials

Mehul Khera Rahul Mathur


Working amongst a pool of My internship at the Adidas group
understanding colleagues and a provided me with the perfect learning
nurturing environment is something that environment and gave me a great
every fresh graduate wishes for and platform to apply my classroom
working for EY was one such experience. knowledge in the corporate world. The
Understanding the dynamics of the future talent program of the company is
industry practices was my learning in this very well in sync with its tagline
brief stint of 8 weeks. The opportunity of 'CREATING THE NEW' as it encourages
working out an actual industry problem creativity of young minds and gives a real
and identifying trends which would add time exposure in the field of
to the solutions being provided was management. I thank IMI New Delhi for
exhilarating. It gave me a new giving me this opportunity to work with
perspective to comprehend the trends one of the biggest sports companies
and events happening across the globe. worldwide.

Neelima Jain Rishav Verma


I interned with Sony Pictures Networks It was an insightful and memorable 2
India where I got to interact with a lot of months in the financial capital of the
senior management cadre beyond my nation with an organization which is
immediate mentor and manager. My acclaimed as the safest bank in Asia. It
knowledge only compounded with what was very enriching to see and learn
I learned from how they work across about the intricacies of the functioning
departments. Irrespective of the age and of a bank; especially, with valuable
designation, one can seek help, talk and inputs and guidance from the senior
make good friends at that place. In a executives who have already built a
nutshell, I found a very comfortable repute in the industry. The projects very
space to call my own over there. much paralleled my learning
expectations and that gave me a sense of
satisfaction and a source of motivation.

Anuj Bansal Saumya Shanker


During my two-month internship at This summer internship was both
Capgemini India, I worked on a key rigorous and rewarding, both personally
account management and mining. Unlike and professionally. The interactions with
my previous job as a software engineer, the senior management as mentors and
which mostly involved routine work, with recent recruits as buddies provided
Capgemini provided me with an with me with a unique perspective on
opportunity to constantly interact with approaching this opportunity. Both hard
the senior management. It gave me a and soft skills that I have honed during
sense of inclusion in the organization. these two months will serve well in my
Right from the induction to the final future career goals.
evaluation, each day was a rich learning
experience under the solicitous guidance
of my mentor.
11
Winners At IMI New Delhi

IMI New Delhi students have been winning accolades ubiquitously by excelling in varied
competitions and events organized all over the country.

Back to the Grassroots Corporate


With the aim of identifying and removing the Four IMI New Delhi students bagged the 1st prize in
apprehensions and misconceptions regarding the the Axis Canvas: Spot Contest organized by Axis bank
Banking and financial services in rural India, Team whereas two students were amongst the top 6 Teams
Abhiyan, a group of 10 students from IMI New Delhi in Operace16, a national level operations event by
won the Financial Literacy Campaign Pragatishala-a SP Jain, Mumbai.
competitive campaign run amongst the leading B-
schools of the country, organised by the Axis Bank.
The team visited the Dhatir village in the Palwal
district of Haryana situated near the campus and they
decided to build their awareness campaign around
communication camps and staged street plays. Under
the guidance of the nominated professors from the
institute, the team divided themselves and performed
three skits based on savings, investment and new
government policies. Issues like debt traps for
farmers, women entrepreneurship and several other
queries were taken up.
It wouldnt have been possible without the teams
perfect co-ordination, remarked the team leader
after winning the competition. Out of the 40 teams,
team Abhiyan will have the opportunity to directly
appear in the final interviews by the bank, thus,
adding another jewel to the colleges prestigious
success crown.

Academics
IMI New Delhi students, Sarthak Jain, Jasmine Kaur
Dhingra and Udit Shah won the 1st prize in the case
study event The Markician organized by IIFT New
Delhi, whereas Rajat Mahajan and Mehul Khera
secured 1st position in the case study event Tatva at
IIM-Rohtak along with Abhinav Kumar who also stood
1st in T-shirt designing event organized by IIM-
Bangalore. Varsha Mate stood first runner up in
Treatise part of IIM Lucknow fest- Varchasva..

Sports
The IMI New Delhi Volleyball team stood 2nd in the
Sports Fest at MDI, Gurgaon while the Badminton
team bagged the 2nd position in the inter-college
sports event conducted by FMS, Delhi.
Chandrashekar V stood 2nd runner up in a marathon
organized by IIFT, New Delhi.

12
Management Development Programs
(March June 2016)
IMI New Delhi organized the following Delhi Campus during 3-4 March Management Program for ESSEC
Management Development Programs 2016. The program focused on Business School, France was organized
during March-June 2016: providing the participants knowledge at the IMI New Delhi Campus during
on basic and advanced spreadsheet 17-19 March 2016.
concepts and applications, data
modeling using Microsoft Excel and
also covered decision making
scenarios from various functional
domains like marketing, finance,
human resources and operations.
Prof. Himanshu Joshi was the Program
Director.
1. ITEC Program
A 6-week Certificate Course in 4. Emotional Intelligence for
Operations Management, as a part of Powergrid Corporation
ITEC programs, was organized at the A 3-day in-company program on
IMI New Delhi Campus during 29 Maximizing your Emotional 7. Leadership Development for
February 14 May 2016. The program Intelligence at Work for Powergrid IndusInd Bank
had participants representing Corporation of India was organized at A 3-day Leadership Development
countries namely, Cambodia, Cote Manesar during 9-11 March 2016. Program for Senior Executives of
dIvoire, Cuba, Democratic Republic of Prof. Bhupen Srivastava and Prof. IndusInd Bank was organized at the
Congo, Ecuador, Ethiopia, Ghana, Mamta Mohapatra were the Program IMI New Delhi Campus during 6-8 June
Guatemala, Guyana, Mauritius, Directors. 2016 on residential basis. Prof. Mamta
Myanmar, Niger, Nigeria, Oman, Mohapatra was the Program Director
Tanzania and Vietnam. Prof. Arvind for the event.
Chaturvedi and Prof. Siddharth Varma
were the Program Directors. 8. Corporate Strategy for Effective
Project Management
2. Managing for Excellence through A 3-day open program on Corporate
Effective Leadership 5. India Module Omnium Global Strategy for Effective Project
A 3-day Open Program on Managing Executive MBA Program of ROTMAN Management was organized during
for Excellence through Effective A 5-day India Module of Omnium 8-10 June 2016. The goal of this
Leadership was organized at the IMI Global Executive MBA Program of program was to address the emerging
New Delhi Campus during 29 ROTMAN School of Management issues of corporate strategy for
February-2 March 2016. The program (University of Toronto) was organized effective project management so as to
was aimed at enabling participants at the IMI New Delhi Campus during avoid the damages due to risks of time
attain higher levels of excellence by 14-18 March 2016. The program was and cost overrun of the projects. The
providing effective leadership and aimed at providing the Executive MBA program had participants mostly from
mobilizing support of strategic participants of Rotman School of public sector organizations. Prof. Arun
stakeholders towards realization of Management with a deep insight into Rath was the Program Director for this
organizational vision and values. Prof. emerging market dynamics with focus event.`
Bhupen Srivastava and Prof. Mamta on India. This was conducted through
Mohapatra were the Program tri-dimensional approach of academic
Directors. sessions, industry visits and cultural
interactions.
3. Effective Decision Making Using
Advanced Excel 6. Doing Business in India ESSEC
A 2-day Open Program on Effective General Management Program
Decision Making Using Advanced A 3-day program on Doing Business in
Excel, was organized at the IMI New India as a part of ESSEC General

13
Publications
JOURNALS AND BOOKS
Arora, R. K., (2016), The Relation between Lal, Prerna (2016), Cloud collaboration technologies,
Investments of Domestic and Foreign Institutional Training Journal, February, 14-16.
Investors and Stock Returns in India, Global Singh, Alok K., Kapoor, R. (2016) Estimating demand
Business Review, June 2016, 17(3), pp. 654-664. using space elastic demand model for retail assortment
planning, Global Business Review, Vol. 17, Number 3,
Chaklader, B., Gupta, P., Akhter, J.(2016), case study June 2016.
titled Dual Set of Financial Statements- A Critical
Analysis of Wipro is a part of Srivastava A., Bhatia S., Gupta P., (2015) Financial Crisis
www.casecentre.org.(case) and Stock Market Integration: An Analysis of Select
Economies, Global Business Review, 16(6), 1127-1142.
Pallavi Gupta, Javaid Akhter and Barnali Chaklader Srivastava A., Gupta P. (2015), Acquisition of FCPL by
(2015), An Empirical Study of Accounting Experts Dabur India Limited, Advances in Management and
Perception for Implementation of International Decision Sciences, EPH New Delhi.
Financial Reporting Standards in India in NITTE
Management Review December 2015 issue. Tandon, D., Tandon, N.(2016), Credit Default Analytics
in banks using Altman Z score , Bulmim Journal Of
Chawla D, Joshi H., Farooquie J., (2016) Use of management & Research Vol I No 1 , 2016, pp1-12.
Knowledge Management for Competitive Tandon, D. (2016) Assessment of Aftermaths of
Advantages The Case Study of Max Life Insurance, Marketing the Retail Services in Indian Context, Synergy
GLOBAL BUSINESS REVIEW, Vol. 17, No. 2, pp 1-20. Journal Vol. 13. No.1 ITS.

Chawla D., Sondhi N. (2016) Local Versus Global CONFERENCE PAPERS


Brand Preferences Amongst Urban Indian Chocolate Arora , R.K., (2016), Corporate Cash Holdings: An
Consumers: An Empirical Study. INT. J. INDIAN Empirical Investigation of Indian Companies, Paper
CULTURE AND BUSINESS MANAGEMENT, Vol. 12, presented, 34th International Business Research
No. 4, pp. 508-53, 2016. Conference , 4-5 April 2016, Imperial College , London,
UK.
Dhir, S. (2016), co-authored, " Cases in Strategic
Management: Creativity and Innovation Gupta P, Srivastava A. (2016) , Corporate Governance
Perspective", McGraw Hill Education Publication. and Firm Performance : Evidence from India at 9th
ISDSI, 2016 International Conference at Goa , India.
Kanjilal, K., Bondia, R., Ghosh, S.,(2016), ARTICLES
International crude oil prices and the stock prices of
clean energy and technology companies: Evidence Dhamija, S. (2016), Strategic Debt Restructuring at
from non-linear Co integration tests with unknown Gammon India Limited, Economic Times, May 03, 2016,
structural breaks, Energy Journal (Elsevier, Impact Page-8
Factor 4.84), 101 February (2016) 558-565. Vancheswar, Vijay, (2016) Changing Trends in the
Psychology of Buying, THE FINANCIAL EXPRESS June
Kapoor, G. K., Dhamija, S. (2016), TAXMANNS 24, 2016, Page 9
Company Law, A Comprehensive Text book on
Companies Act 2013, 19th Edition, Taxmann BOOK REVIEW
Publications Pvt Ltd. Goyal, S. (2016), Book Review Womentrepreneurs:
Inspiring Stories of Success by Avinash Kirpal in Global
Lal, Prerna (2016), ICT for Sports: A Whole New Ball Business Review; April 2016; 17 (2): 479-485.
Game, CSI Communications, 39(11), 24-25. Joshi, Himanshu (2015). IT for Management by Turban
and Wali, Wiley Publishing.
Lal, Prerna, Bharadwaj, S. S. (2016), Understanding
the impact of cloud-based services adoption on ACHIEVEMENTS
organizational flexibility, Journal of Enterprise Tandon D. (2016), Developments in Management
Information Management, Emerald, 29 (4), 566 Business & technology keynote address at ITS
588 Ghaziabad and session Chair at International Conference
titled, April 1, 2016 (Event)
Lal, Prerna. (2016). Be aware or you may become a
Tandon D. (2016), Leadership Strategies for
victim of Ransom ware, Cyber Warnings. March, 48-
Management of Marketing, Accounting, Business,
49.
Keynote address at Jawaharlal Lal
Lal, Prerna. (2016). Surveillance Analytics: Leveraging Nehru University (JNU ) New Delhi , Convention Centre
Video Intelligence for Security. Security Today. Entrepreneurship, Economics and Tourism (MABET-
April, 60-61. 2016) by Krishi Sanskriti, May 15, 2016 (Event)

14
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In News IMI New Delhi

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