FROM THE PRESIDENT'S DESK - AIMSAccountants (IMA), USA and Association of Indian Management Schools, India for being partners of Finance Conclave, 2018. He also extended specific thanks

eNewsletterAIMS e-Newsletter is the official organ of Association of Indian Management Schools. (For private circulation only)

Vol.3, No.4, May-June 2018

FROM THE PRESIDENT'S DESK

Dear Members,

Greetings from Association of Indian Management Schools (AIMS)!!!.

I am pleased to release AIMS eNewsletter, Vol.3, No.4, which covers the events that have taken place at

AIMS as well as Member Institutions during the months of May and June 2018.

Although many institutions are contributing to this Newsletter, we expect more and more reports

forming part of this Newsletter.

As a professional networking body of Management Institutions, .AIMS is your association Therefore, it

is expected that there is a greater reciprocity in helping and strengthening each other in our journey in

Management Education.

As you are aware, the 30 AIMS Annual Management Education Convention 2018 is not far off. Manyth

great leaders of Industry, Academia and Political Thinkers are expected to share their views, opinions

and experiences at the Convention with a gathering of about 500 Institutional Heads, Faculty and

Students. In addition to ensuring your gracious presence as a delegate, you are requested to support

your Faculty and Students to actively participate as competitors for Awards that are going to take place

at the Convention. For details on Awards, please visit AIMS website at: www.aims.org.in/convention.

We look forward to receiving a lot of enthusiastic academic community at the Convention.

With fraternal regards,

Dr Anil Rao Paila

President, AIMS

Mob: 9341240724

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S No Name of the Institution Page No

Highlights of Events 2

North Zone

1) Jagannath International Management School, New Delhi 4

2) Mittal School of Business, Punjab 5

3) J K Lakshmipat University, Jaipur 9

East Zone

4 Bharatiya Vidya Bhavan Institute of Management Science, Kolkata 11)

5) School of Management Sciences, Assam 13

West Zone

6) Shri Vaishnav Vidyapeeth Vishwavidyalaya School of Management, Indore 15

7) Shri Vaishnav Institute of Information Technology, Indore 16

South Zone

8) Sri Sai Ram Institute of Management Studies, Chennai 19

9) School of Management, Sri Venkateswara University, Tirupati 21

10) R V Institute of Management, Bangalore 22

Contents


Highlights of AIMS Events

Sl. Date Name of the Event Pg No.

No.

1. 19/05/2018 at Hotel The Plaza, Hyderabad 2Special Meeting on ARIF Research Proposal

2. 05/06/2018 3AIMS 6th Executive Board Meeting at La Grace Resort, Goa

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Special Meeting on ARIF Research Proposalon 19th May 2018 at Hotel The Plaza, Hyderabad

HIGHLIGHTS OF AIMS EVENTS

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AIMS 6th Executive Board Meetingon 5th June 2018 at La Grace Resort, Goa

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NORTHERN REGION

Jagannath International Management SchoolNew Delhi

XIII International Conferenceth

“Business 2025: Driving Growth through Strategic Innovation, Entrepreneurship and Digitisation”

JIMS, Kalkaji, New Delhi in collaboration with PHDChamber of Commerce and Industry (PHDCCI),Konrad Adenauer Stiftung (KAS), Germany andAssociation of Management Development Institutionsin South Asia (AMDISA), organized its XIIIthInternational Conference on the topic “Business 2025:Driving Growth through Strategic Innovation,Entrepreneurship and Digitisation” at PHD House,New Delhi on Sat 10 Feb 2018.th

The Conference Inaugural Session was presided overby PHDCCI President, Mr Anil Khaitan with Mr PeterMax Rimmele, Resident Representative to India,Konrad Adenauer Stiftung (KAS), Germany being theChief Guest. Other distinguished guests on the daiswere the Guests of Honour Dr Simrit Kaur, Principal,Shri Ram College of Commerce, Delhi University andMr Sunil Sharma, Jt Secretary, Ministry of Health &Family Welfare Govt. of India. Mr C M Krishna,Honorary Advisor, PHDCCI and Dr (Cdr) Satish Seth,Director-General, JIMS, Kalkaji, New Delhi alsograced the occasion with their presence.

Distinguished National and International Guestspeakers who made presentations during the technicalsessions included Dr Vishnu Kirpalani, DistinguishedProf Emeritus, Concordia University, Canada, Dr JoseLam, Memorial University of Newfoundland, Canada,Mr Manmohan Bhutani, VP(HR) & BusinessOperations, American Cyber Systems, Mr NaveenTandon, Director-IEA, India, AT & T Commn ServicesIndia Pvt. Ltd, Dr Greg Wood, Memorial University of

Newfoundland, Canada, Mr Ron Mcluckie, Chairman &CEO, WIAL India Pvt. Ltd, Mr Ignace Hindrick, SeniorConsultant, India Consult, Dr Hidekazu Sone, ShizuokaUniversity of Art & Culture Hamamatsu, Japan, DrAnimesh Saxena, CEO, Neetee Apparel, LLP and MrKyosuke Yamanaka, Director, Yamanaka TradingCompany, Japan

The technical sessions provoked animated debatebetween participants and threw up in-depthperspectives on the Conference theme. A number ofstrategic approaches were suggested for corporateleaders to ensure that their businesses would surviveand sustain till 2025. These were followed by theResearch Paper Presentation. Competition which hadtop academicians, research scholars and industryexperts vying for the attractive cash prizes. The paperspresented reflected high quality of research engaged inby the participants. The highlight of the conference wasthe release of book, comprising selected researchpapers presented by above participants, on theConference theme.

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Mittal School of BusinessLovely Faculty of Business and Arts

Lovely Professional UniversityPunjab

Details of ReportThis report captures a two – day programme of paperpresentations, panel discussions, expert lectures andworkshop at Finance Conclave, 2018 which tookplace during April 6-7, 2018 in Mittal School ofBusiness, Lovely Professional University.

The event brought together around 122 participantsrepresenting the nations such as Bahrain, Nepal,Nigeria, Ghana and Indian states such as Punjab,Jammu & Kashmir, Haryana, New Delhi, AndhraPradesh, Tamil Nadu, Karnataka, Gujarat and Orissa.The participants reviewed the intricacies andimplications of financial sector reforms that tookplace, globally and in India. It also set the stage for thedeliberations and discussions for future researchagenda to promote the policy transitions towards astable economy.

The conference began with the introductory remarksof Dr Sanjay Modi, Executive Dean, Lovely Faculty ofBusiness and Arts, Dr Ramesh Kanwar, worthy Vice-Chancellor, Lovely Professional University, ChiefGuest of Conference, Shri Ashok Mittal, HonorableChancellor, Lovely Professional University, Mr JimPiechowski, Director, International Operations andBusiness Development, Institute of ManagementAccountants, USA and Mr Vinesh Singh, Vice-President, Finance, Product, Supply ChainManagement, Planning, IT, Sourcing & QA, SaraSoule Pvt Ltd.

While presenting the opening remarks of financeconclave, Dr Sanjay Modi, Executive Dean, LovelyFaculty of Business and Arts, Lovely ProfessionalUniversity highlighted the various reforms in thefinancial sector that have significant impact oneconomic growth and poverty. The paradigm shift ofglobal economies from liberalized era to protectionisteconomies is prone towards deeper regulations infinancial markets to handle contagious effects offinancial shocks. The presentation also highlightedthe potentials of Small and Medium Enterprises toovercome the bottlenecks in economic growth ofeconomy. The presentation also threw light on theneed for reformatory measures to prevent tax evasions

and induce technological advancements in the field offinance.

Dr Ramesh Kanwar, worthy Vice-Chancellor, LovelyProfessional University congratulated Mittal School ofBusiness for being ranked 38 in NIRF ranking given byth

Ministry of Human Resource Development. Whileemphasizing the need financial sector reforms, hesuggested exploring the challenges and opportunitiesand initiating a discussion on the global economicreforms mandate.

Who is the best finance manager? A thought provokingdiscussion was initiated by Shri Ashok Mittal, HonorableChancellor, Lovely Professional University during hispresentation in the inaugural session. He also had shareda few instances why and how's of women being a bettermoney manager during demonetization and financialcrises. Imbalances and bottlenecks in the supply offinances towards industrialization have the root causes inbreak out of financial scams in the recent years. He alsostressed the importance of micro-finance in India thatcan be a source for businesses in informal sector thathave larger contribution in economic growth.

Mr Jim Piechowski, Key Note Speaker, FinanceConclave, 2018 and Director, International Operationsand Business Development, Institute of ManagementAccountants, USA highlighted the shifting focus of skillsets required in the era of technological advancements infinance. He emphasized while incorporating skills inartificial intelligence, robotics and data analytics, thestudents and practitioners shall be agile and adaptable tothe current dynamic business environment. Greaterfocus is expected from the students and practitioners toimprove the skill sets by adapting to the newtechnologies, learning new languages and newcompetencies in APIs, strengthening communicationskills, knowing about team work and understanding themodeling to predict the possibilities in future. Elucidatingthe challenges that occur in job markets due to theinvolvement of Robots, Mr Jim suggested keeping abreastof the new technologies and staying ahead of robots indecision making. He concluded that robots would beworking side by side but they will work for you and notyou for them.

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Mr Vinesh Singh, Key Note Speaker, FinanceConclave, 2018 and Vice-President, Finance,Product, Supply Chain Management, Planning, IT,Sourcing & QA, Sara Soule Pvt Ltd shared the latesttrends in technology in financial sector. He pointedthe students to be ready to adapt to the rapid changesin global economic environment. One needs to beagile to adapt to VUCA culture where V stood forVolatility, U for Uncertainty, C for Complexity and Afor Ambiguity. He has presented about the technologytaking over humans, and also the dependence ofhumans on the technology by stating an instance ofWatson application giving legal advice at 90%accuracy to 70% accuracy by the highest qualifiedlawyer in the United States of America. He alsoemphasized the shift of finance from governance andconformance to performance where the approach hasbecome more forward looking. In the dynamicbusiness environment attributed with rapidtechnological advancements, one needs a mindsetand a different approach to business and as the onlyway to handle the onslaught of the technology.

The key note addresses were followed by vote ofthanks proposed by Dr Rajesh Verma, Professor &Additional Dean, Mittal School of Business, LovelyProfessional University. He acknowledged thepresence of Shri Ashok Mittal, Honorable Chancellor,Lovely Professional University, Mr Jim Piechowski,Key Note Speaker, Finance Conclave, 2018 andDirector, International Operations and BusinessDevelopment, Institute of Management Accountants,USA, Mr Vinesh Singh, Key Note Speaker, FinanceConclave, 2018 and Vice-President, Finance,Product, Supply Chain Management, Planning, IT,Sourcing & QA, Sara Soule Pvt Ltd, Mrs Rashmi Mittal,Worthy Pro-Chancellor, Lovely ProfessionalUniversity, Dr Ramesh Kanwar, worthy Vice-Chancellor, Lovely Professional University, Dr SanjayModi, Executive Dean, Lovely Faculty of Business andArts, Lovely Professional University. Special thankswere also extended to Institute of ManagementAccountants (IMA), USA and Association of IndianManagement Schools, India for being partners ofFinance Conclave, 2018. He also extended specificthanks to Mr Fenil Vadakken, Country Head, IMA, MrVarun Jain, CEO Miles Education and Ms Akanksha,Miles Education, Mr Vineet Pawar and Mr AnkitTalwar from CIMA (Chartered Institute of ManagementAccountants), United Kingdom.

During Post-Lunch Session of Day-1, three technicalsessions with the themes Financial Services Reforms,

Financial Market Reforms and Banking Sector Reformswere conducted.

Technical Session-1: Financial Services Reforms

The technical session-1 was chaired by Dr A K Vashisht,Professor, University Business School, Panjab University,Punjab and Mr Hitesh Jaswal, Regional Head, PNB MetLife Insurance Company Ltd to enrich the discussion heldamong 14 paper presenters.

The deliberations in the technical sessions took placeright from the financial literacy to financial inclusion andto the surge of crypto currencies. The level of financialliteracy in India has risen on par with the globalbenchmarks due to the efforts of various stakeholders.However, certain challenges still persist towardsachievement of full-fledged financial inclusion such aslack of information and communication technologies,level of education among the rural folks and lack offinancial education. Countries such as India and Brazilhave been successfully implementing BankingCorrespondence model clubbed with the e-paymentservices. To bring the sustainable implementation of e-payment services, the role of m-wallets needsconsiderable attention in redefining the services businessmode l and marke t i ng s t r a t eg i e s . The pos tdemonetization period in India witnessed a spurt ind i g i t a l p a y m e n t s . T h e p r o c l i v i t y t o w a r d scryptocurrencies witnessed strong rally and now Indiaaccounts for more than 11 per cent of such trade globally.Cryptocurrencies have become a global phenomenonand has captured the imagination of speculators,computer geeks and governments across the world.Many cryptocurrencies are floated in the market, likeBitcoin, Litecoin, Namecoin, Swiftcoin, Ripple,Peercoin, Ethereum etc. The rise in bitcoin prices hasbeen phenomenal from $0.3 to $19289. With the adventof blockchain, users can transfer funds at a much cheaperfees and fast time. Nonetheless, the skyrocketing returnsalso opened the doors for unscrupulous transfers ofcurrency violating FEMA Act, 1999. It is a need of thehour for coordinated efforts of regulatory trio, RBI,Enforcement Directorate and Ministry of Finance toregulate the suspected transactions duped by somesnazzy ponzy schemes that lure the small investors toinvest.

Technical Session-2: Financial Market Reforms

The technical session-2 with the theme Financial MarketReforms was organized in two different tracks. TechnicalSession 2 A was chaired by Dr A K Puri, Senior Professor,FORE School of Management, New Delhi and Dr BabliDhiman, Mittal School of Business, Lovely Professional

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University to enrich the discussion held among 14paper presenters. Technical Session 2 B was chaired byDr Sushendra Kumar Mishra, Professor & Registrar,National Institute of Technology, Jalandhar and DrSukhpreet Kaur, Mittal School of Business, LovelyProfessional University. Totally 23 papers werepresented in two parallel technical sessions.

The seminal works on the financial markets proposedthe evolved and efficient financial sector impedes thefinancial shocks that occur externally due to theintegration of global financial markets. The integrationof financial markets also helps in reducing thetransaction cost, and mobilizing savings withdiversification of risk. Due to the financialliberalization embedded with the integration of theeconomies, the investment levels in the form of FDIand FII have exploded. Formation of many regionaleconomic blocks across the economies wascontempla ted to hav ing s imi la r moneta ryarrangements to achieve greater economic integrationand monetary integration.

The volatile nature of stock markets attributed with theasymmetric information and imperfect marketconditions causes anomalies. The beauty of capitalasset pricing model lies in the simplicity tocomprehend the relationship between risk and returns.In contemporary world several challenges to marketefficiency came to existence: few of them are sizeeffect, the weekend effect and momentum effect. Allthese challenges are known as stock market anomaliesand the shortfalls in model for testing marketefficiency. Therefore, the existing CAPM models shallbe revised to comprehensively understand themomentum effect due to dynamic changes in financialmarkets.

The incidence of Social networks communities infinancial markets induced the corporates and investorsis the instant and fresh availability of information foreffective decision making in investment decisions.Social network and financial analytics are burgeoningareas of concern wherein the timely information isavailable to the investors to reduce the contagiouseffects of global financial market anomalies. However,investors' adoption of social media and its usage in theinvestment related search and decision making inselecting stocks in financial markets is at nascent stageof challenge. Orientation towards utilizing theinformational powers of social media addresses theissue to considerable extent.

Technical Session-3: Banking Sector Reforms

The technical session-3 with the theme Banking SectorReforms was chaired by Dr Sameer Gupta, Professor,University of Jammu and Mr Anu Jindal, Associate Vice-President, IDFC. Nine papers were presented in thetechnical session.

Advancements in technology in banking sector havebrought a paradigm shift in the way the bankingtransactions ate handled. Technology AcceptanceModel was widely used to understand what drives thecustomers to adopt technology in banking. Due to thetechnological explosions in financial services industry,banking industry should implement service deliverycustomization, time and place convenience tocustomers followed by differential pricing which willencourage the users to migrate to the digital platform.Demonetization of larger denominated currencies is agame changer in banking industry. On the technologyfront, the earlier days of demonetization witnessedmore than double the number of transactions took placethrough technology. However, the banking sector is alsopoised with the challenges such as escalating Non-performing assets and reduction in interest rates due toexcess supply of cash in its hand. Blessing in disguise,the recapitalization of PSU banks by CentralGovernment of India and consolidation process in thesector will address the critical challenges faced by thebanking industry.

Technical Session-4: Taxation Issues and Reforms

The technical session-4 with the theme: “TaxationIssues and Reforms” was chaired by Dr Pankaj KumarGupta, Professor, Jamia Milia Islamia University, NewDelhi and CA Navdeep Sharma, Chartered Accountant,Jalandhar. Nine papers were presented in the technicalsession.

The introduction of Goods and Services tax has beenacknowledged as one of the drastic and substantialreform since independence in the field of indirect taxes.The government has taken the initiative to overcome thechallenges, serious issues and loopholes in the existingstructure of indirect taxes. The basic premise of Goodsand Services tax is to eliminate tax terrorism in Indiawhich is prevailing in the form of double taxation aswell as to simplify the complex tax structure to improvetax administration as well as tax collection in order tos t rengthen the economic pos ture of India .Constitutional Amendments, political disagreement,technical challenges, businessmen protest etc had beenthe contributory factors for the delayed implementationof GST in India. Lack of resources and understanding ofmany subtle accounting issues led many operational

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problems in receiving the acceptance mandate frombusinessmen. The consistent efforts in renderingassistance to businesses (especially SMEs) in filingGST returns are essential to implement GST insustainable manner.

The other substantial reform that took place in thefield of Accounting is the convergence of Ind-AS withIFRS in phased manner by Indian companies to makesuitable changes in the financial statements. Still, Ind-AS follow conservative mechanism that also assuresInd-AS reporting provides more current and qualityinformation compared to previous IGAAP.

Technical Session-5: Corporate Governance andAccounting Reforms

The technical session-5 with the theme CorporateGovernance and Accounting Reforms was chaired byDr C P Gupta, Professor, University of Delhi, SouthCampus, New Delhi and Dr Ravi Inder Singh,Professor, University Business School, PanjabUniversity Regional Center, Panjab University,Ludhiana. 14 papers were presented in the technicalsession.

Corporate governance practices directly influence thestrategic decisions taken in a company. The drasticchanges at high pace in the business and economicenvironment, rose the information asymmetrybetween company and shareholders. Every disclosurecomes with a purpose to attain the stakeholders' trustfrom the transparency reflected in the disclosures.While suggesting the mechanism required tostrengthen the corporate governance practices inIndian businesses, the deliberations in boardfeatures/ownership is required to have moretransparent disclosures. The corporate governancemechanism should be further strengthened to addressthe cyber-crimes and financial frauds.

Technical Session-6: Ph D Consortium

The technical session-6 dedicated for Ph DConsortium was chaired by Dr Ajoy K Dey, Professor,BIMTECH, Noida and Dr Rudra Rameshwar,Professor, Thapar University, Patiala, Punjab.Students are expected to present the extendedabstracts. 11 research scholars have presented theirextended abstracts.

Panel Discussion: Disruptive Global Financial SectorReforms -The Way Ahead

Speakers-of-Eminence:

Mr Jim Piechowski, Director, International Operationsand Business Development, Institute of ManagementAccountants, USA

Mr Vikramsood, Vice President and chief Manager, UTI,Jalandhar

Mr Varun Jain, Co-founder/CEO Miles Education

Ms Lata Murli, BDM, Institute of ManagementAccountant

Points of Discussion:

1 Inflation has phenomenal implications on the growthpotentials of wealth of individuals and corporate.Understanding the investment avenues to beat theinflation is the need of the hour.

2 More emphasis is required in implementing financialanalytics to evaluate the credit rating ofborrowers to curb the menace of financial frauds andnon-performing assets.

3 The financial sector in India should embrace theimplementation of technology in banking sector forreducing the transaction cost and increasing thecredibility in the present scenario.

Workshop on Writing Publishable Research Papers

A Workshop on writing publishable research papers wasconducted as part of Finance Conclave, 2018. Prof (Dr)Ajoy K Dey, Professor, BIMTECH, Noida was theresource person for the workshop.

Topics covered in the workshop

1 New Areas of Research for potential publication2 Topic choice3 Distinct criteria of effective topics4 Research Design5 Matching Research Questions and Research

Design6 Measurement and Operationalization7 Model Specification8 Writing the Introduction9 Grounding Hypothesis10 Crafting Methods and Results11 Discussions & Implications12 What is a case?13 Characteristics of Case14 Writing Teaching Notes15 Teaching Approach and Strategy

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J K Lakshmipat UniversityJaipur

A Brief on Some Key Activities of JK Lakshmipat University(May- June 2018)

Communication Boot Camp at JKLUCenter for Communication and Critical Thinking, JKlakshmipat University organized a CommunicationBoot Camp on 5 and 6 May. The Boot Camp wasth th

conducted by Mr Amit Kumar, a renownedCommunications Trainer and Coach, to sensitize theJKLU admi s s i on t eam on impo r t ance o fcommunication and its impact on their interactionwith prospective students and their parents. The 2-day intensive intervention was oriented to help theparticipants assess their communication skills, andlearn to communicate effectively while performingthe role. Mr Amit touched upon various aspects ofcommun ica t i on such a s vo i ce , con t en t ,pronunciation, body language, presentation skills,group dynamics, role of emotions in communicationstyles (aggressive, assertive, submissive), activelistening and content writing. The workshop washighly interactive which involved self-assessment,discussions, role plays, analyzing video clips,assessment of various admission related situationsand deciding the appropriate communication styles.The 2-day Boot Camp helped the participants to honebetter communication skills, cognitive skills anddevelop their roadmap to overcome their weakness incommunication.

Mr Amit Kumar interacting with the JKLU admissionteam

Blood Donation Camp at JKLUBlood donation camp to commemorate the 85th birthanniversary of Late Shri Hari Shankar Ji Singhania(Founder Chancellor of JKLU) has been carried out

smoothly at JK Lakshmipat University, Jaipur. Though theUniversity was on summer vacation and all our studentsand most of the faculty members were away, a total of 32units were donated, which is a rise from 29 units seenlast year. Participation from female employees was alsosignificant as compared to previous camps.

Glimpse of the Blood Donation Camp at JKLU

International Yoga Day Celebration at JKLUJKLU has organized “International Day of Yoga” on 21June 2018 with lots of enthusiasm and energy. During thesession the level of enthusiasm and energy among theparticipants were spectacular.On this occasion, Mr. AnilRawat, a renowned yoga instructor, was invited for thesession. He explained Yoga, importance and its benefitsto all participants. All the participants were happy tointeract with him after the practice session. This sessionlasted about hour and half. Though the University was onsummer vacation, most of the faculty members andstudents were away, despite approximately 35participants have taken benefit. Faculty Members, Staffand their families and available students participatedwith great enthusiasm.On this occasion, Mr. Rawatagreed to be part of such sessions in the future during theacademic year.A

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Glimpse of the International Yoga Day Celebration atJKLU

Sixth Convocation of JK Lakshmipat University,JaipurJK Lakshmipat University, Jaipur celebrated withexuberance and elegance its 6 Convocation on Junerd

4, 2018. On this occasion, the graduating students ofthe MBA, B.Tech, M.Tech, and BBA programmeswere awarded with degrees. The Chief Guest on thisoccasion was Dr. Anil Kakodkar, President,TheNational Academy of Sciences, India. Theprogramme was attended by a large number of peoplecomprising the University authorities, dignitaries fromJK Organization, faculty and staff members, students,parents, the specially invited guests and reportersfrom media and press. In his address, Dr. R.L. Raina,the Vice Chancellor of the University, identifiedConvocation Ceremony as one of the mostmemorable days in the calendar of any University. Heshared the accomplishments of the University duringthe year on all fronts, such as teaching, research,training, alliances, university-industry linkages, andconsultancy. Dr. Anil Kakodkar started hisconvocation address by congratulating the graduatingstudents and urged the students to set benchmarks inscholarship, values and service to the nation andhumanity.

Glimpse of the Sixth Convocation of JK LakshmipatUniversity, Jaipur

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EASTERN REGION

Bharatiya Vidya Bhavan Institute of Management ScienceKolkata

A Short Report on National Conference

Type of Conference : NationalHost Organization : Bharatiya Vidya Bhavan

Institute of ManagementScience (in association withA s s o c i a t i o n o f I n d i a nManagement Schools)

Conference Theme : Global Strategy for Self-Sufficiency

Sub-themes : Categorized under Finance/HR/Marketing heads

Conference Dates : 23 and 24 March 2018Chief Patrons : Justice (retd) Chittatosh

MookerjeeShri Prasun Mukherjee, IPS(Retd)

Patron : Dr G V SubramanianConference Director : Prof (Dr) Rama Kanta PatraConvener : Dr Sujit Mukherjee,

Associate Dean of StudiesCo-convener : Dr Anupama Chanda Mitra,

Assistant Professor

Guests For Inaugural Panel:Dr Partha Chatterjee : Hon'ble Minister-In-Charge,

School Education & HigherEducation, Science andTechnology andBiotechnologyParliamentary Affairs,Govt. of West Bengal

Dr Saikat Maitra : Vice-Chancellor, MaulanaAbul Kalam AzadUniversity of Technology,West Bengal

Rev Dr J Felix Ra : Vice Chancellor, St Xaviers'University

Dr R C Bhattacharya : Chairman, AIMS, WestBengal Chapter

Dr Chittatosh : Chairman, Bharatiya VidyaMookerjee Bhavan, KolkataShri Prasun : Executive Vice-Chairman,Mukherjee Bharatiya Vidya Bhavan

We were honored to welcome the esteemed Speakers ofthe Plenaries that included Dr K B L Srivastava, HOD,Humanities Dept, IIT Kharagpur, Dr Santanu Roy,Director, Future Group, Dr Gautam Dutta, HOD,International Business, IIFT, Dr R Raju, Coal India Ltd onDay I and Dr Tapan Panda, Chairperson, ViceChancellor, OP Jindal University, CMA Arup ShankarBagchi, Director, ICWAI, Dr Kartick Chandra Paul,HOD, Commerce Dept, ADAMAS UNIVERSITY andDr Dev Narayan Sarkar, Associate Director-Sales,PEPSICO India on Day II

We were also delighted to welcome one and all theChairpersons of all the Technical Sessions during Day Iand Day II that included Dr Soma Sur, Dean, Commerce& Management, St Xavier's University, Kolkata, Mr AmalGupta, Director (HR), Amity University, Kolkata, DrDipankar Sinha, Associate Professor, Indian Institute ofForeign Trade, Kolkata, Dr T R Saha, Director, IMS & IMSBusiness School, Kolkata, WB, Dr Shivaji Banerjee,HOD, Managemen t , S t Xav ie r 's Co l l ege(Autonomous), Kolkata, Dr Dhruba Ranjan Dandapat,Professor and Dean, Commerce & Management,University of Calcutta, Dr Asish Banerjee, SeniorProfessor, IIM, Calcutta, Dr Sudipti Banerjee, FormerProfessor, Dept of Commerce, University of Calcutta.

Number of responses received : 54Number of papers received : 55Number of papers finally selected : 40

The objective of this report is to share all relevantinformation for the implementation of new operationalefficiencies. The aim was to encourage co-learning,collaboration, problem solving and networking, byexploring opportunities and sharing ideas for thedevelopment, growth and sustainability of slf-sufficiency.Objectives of the ConferenceTo meet the unspoken needs by going the extra mile toanalyze the need of the hour for global reach and createa benchmark for the Country.

To provide special events aimed at encouragingmembers to network to develop business relationships.

To provide a common platform to Academicians,Researchers, Scientists, Industry Professionals,

Invited Guests :Dr Kartick Chandra Paul (Retd Prof in the Dept ofBusiness Administration, Vidyasagar University)

CMAArup Sha`PepsiCo IndiaMr Dev Narayan Sarkar, Associate Director – Sales,PepsiCo India

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Administrative authorities and students to showcasetheir research work and create a forum for effectiveexchange of ideas to tackle the future globalchallenges from the perspective of emerging trends inengineering and technology.

Conference Theme and Focus

Becoming self-sufficient in various areas such as foodand food product ion , agr icu l tu re , GreenMovement–protection of forests, protection of floraand fauna, protection to indigenous populations,l iv ing in harmony with the environment ,conservation of energy, self-sufficiency in knowledge,technology, research and development, health care,infrastructure etc. is the need of the hour for economicdevelopment in developing countries. Hence for theirsurvival also they should facilitate self-sufficiency indeveloping countries. Hence, the Global Strategy forSelf-Sufficiency is probably the appropriate theme ofthe Conference.

Conference Summary

On 23 and 24 March 2018, the National Conferenceon “Global Strategy for self-Sufficiency” was heldwhich focused on initiating self-sufficiency measuresand thus providing a platform for the academicians,research scholars, practicing managers fromcorporate, students of management, social scienceand technology to develop strategies in self-su f f i c iency and cont r ibu te fo r economicdevelopment of the country. The Conference wasopened to the public and approximately 200 peoplewere in attendance. During the Conference,attendees shared opinions, thoughts and suggestionsand provided room for further improvement.

The journey started months back with tremendouswork-outs, drafting, planning and re-planning by theTeam Conference 2K18 to give an organized shape tothe Conference.

The Conference Team worked hand-in-hand underdifferent sub-committees viz. Reception Committee,Registration Committee, Publishing and ReviewCommittee, Public Relation Committee, HospitalityCommittee, Floor Committee and such others andeach committee focused on its specific areas whilecollaborating with the overall structuring of theConference. Each Committee was headed by one ormore Faculty member/s and worked in activecollaboration with the students from BBA first year toMBA final year who worked with utmost sincerity andgreat responsibility.

The Director and the Principal acted as the source ofinspiration and coordination in all possible spheres.

The timely advices from the Principal worked as guidingspirit for the smooth organizing of the Conference. Thiswas an extremely essential move for the hostorganization, Bharatiya Vidya Bhavan Institute ofManagement Science in keeping with the time.

During the two days National Conference, theConference participants and the speakers hadopportunities to choose among various sessions todiscuss topics and develop recommendations. At thebeginning of each session, participants presentedinformation and discussed questions posed by theaudience to address the relevant issues. Then following astructured process of information exchange, thediscussions reached consensus on related barriers andsolutions. The core discussion topics of Sustainability,Governance, Effective communication skill inprofessional set-up, Marketing and organizing eventslike these would help both new and existing generationbuild and develop into vibrant and exciting platformsfrom all over the country to be part of.

Websites and social media were largely used for thepurposes of online marketing, and were cited asexcellent tools for engagement and increasingparticipation in such activities and were seen tostrengthen bonds and ties to the Organization. Inaddition, Email communication was the main method ofcommunicating. Other forms of mass communicationincluded WhatsApp; this predominately tends to be usedinternally between committee members with thecreation of subgroups for differing activities. Timelymeetings were held with/without the presence of higherauthorities to discuss matters pertaining to thefunctioning of the committee. The associated costs oforganizing, marketing and sourcing to invite or promotethe event was budgeted and accordingly incurred time totime. The mode of payment was restricted to chequesand/or demand drafts in the name of the Organizationalaccount for NMC. The students were also requested tocontribute a token amount of Rs 50/- as part of theirCertification.

The students'whole hearted participation and dedicatedservice deserves special mention. It gave them a directexposure and hands-on experience, and not be afraid toreach out, about organizing a National Conference, itsproceedings and ways of managing such events at aNational level particularly being the host organization.The supporting staff who worked day-in and day-outmade possible to give shape to the Conference throughtheir untiring efforts and encouragement to work in afresh and pollution free environment. We remainextremely grateful to all the representatives of the mediafor their cooperation.

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Working closely with the event teams and inassociation with the Association of IndianManagement Schools in order to cross-promote andco-design events, the challenge was to imagine andimprove for the future whilst meeting the aspirationalneeds of the Organization.

A series of questions were posed and solutions werediscussed in the various sessions of NMC platform andtackled within the framework or premise thatimproving quality will increase quantity ofentrepreneurs and/or better future managers in thecontext of global scenario and will contribute to thedevelopment of the country as a whole. The delegatesalso proposed a number of items to help increase theimpact of the events.

Greater emphasis on training and mentoring maymeet the wants of the old and the young and meet theirdesire to learn. It was felt the challenge could be metby being open and not too secretive, and not beingafraid and thus help shed its old identity and to breakdown barriers and together address the need of thetime in accordance with technology enabled learningto promote the work for greater purpose. NMCacknowledged that they have an important role inimproving the quality which would be essential forany new initiatives to work and vital to the overallsuccess of the Organization. Upon reflection of NMC2018, the key theme of 'Global Strategy for Self-Sufficiency' and all the related sub-themes wereintertwined through the discussions.

By the end of this Conference, we believe theparticipants could be able to establish new protocolsfor planning and preparedness in their organization.

We are buoyed and take encouragement from NMCthat attended the conference and the plethora of ideasand practices which ensued, the real strength of theConference came from the participation andinteraction of delegates which enabled co-learning,collaboration and problem solving. Finally, we thankall of the brethren who assisted us at the Conferenceand thank all again for joining us and for getting soinvolved. We look forward to strengtheningrelationships as the year progresses and meetingagain.

Write up by Swati Basu, Assistant Professor, TeamConference 2K18

School of Management SciencesDepartment of Business

Administration, Tezpur UniversityTezpur, Assam

Association of Indian ManagementSchools (AIMS) focuses on

North-East Faculty Development Program

Association of Indian Management Schools (AIMS) hasset up AIMS Case Clearing House (ACCH) at S PMandali's Prin L N Welingkar Institute of ManagementDevelopment and Research (WeSchool) Bangalore.AIMS is a non-profit professional organization of 740business schools in the country with an internationalpresence. ACCH conducted a two-day facultydevelopment program on 'Case Methodology and CaseWriting Workshop' at Tezpur University on 04-05 May2018.

Case methodology using real time case scenarios fromindustry is an experiential form of teaching pedagogy thathas a learner centric focus and the ability to keep the classinteractions engaging and lively. Case writing providesthe business faculty members tools to develop interestingcase studies detailing the Indian business models andbest practises.

Dr Sonia Mehrotra and Dr Hema Doreswamy were theresource persons in the workshop. Mostly Indian caseswere discussed in the workshop. Among them specialmention may be made to the “Goli Bada Pao” case whichis published by Ivey Publishing internationally. SriVenkatesh Iyer, Founder of Goli Vada Pao was present atthe workshop and he narrated his experience as anentrepreneur. Sri Venkatesh also shared with theparticipants his feelings as how the case developed onhim by Dr Mehrotra helped him in enhancing hisbusiness.

There were faculty participants from DibrugarhUniversity, Assam-Kaziranga University, TezpurUniversity, Gauhati Commerce College, Rajiv GandhiUniversity, Arunachal University and GirijanandaInstitute of Management and Technology (GIMT). Theparticipants took active part in the discussion on casemethodology. There was also discussion on CaseWritings and the participants were encouraged to writecases and publish them. Mr Rohit Kumar Sharma and MrBipllab Roy were adjudged as the most involvedparticipants and were presented the 'most involvedparticipants'award.

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Press Release

Chief Minister Releases Prof Biswajeet Pattanayak'sBook on “Human Resource Management”

Human beings are the most important resources forany venture – be it industry, business enterprise,service organisation, corporate world, civiladministration or even NGOs. So, effectivemanagement of human resources is the most essentialfactor for the success of any endeavour.

Prof . Biswajeet Pat tanayak, an accla imedmanagement guru, is known internationally for hisexpertise in the domain of human resourcemanagement. He is a former professor of IIM Lucknowand Indore, and is now the Director of Asian School ofBusiness Management at Bhubaneswar. Theprestigious International Teaching Excellence Awardwas conferred on him in 2016 by the AccreditationCouncil for Business Schools and Programs (ACBSP),USA as one among the top ten management educatorsof the world and the only one from India. He has to hiscredit 24 books and 86 research papers onmanagement and related subjects.

In addition to being a teacher, Prof. Pattanayak hasworked as the Group HR Head of an Indianconglomerate and has wide experience in academicadministration. He has also gained experience inestablishing green field project as an entrepreneur. Allthese experience and expertise find place in hisbestselling book on Human Resource Management.Published by Prentice Hall, this book has gone intofive editions and 22 reprints.

The fifth edition of Prof. Pattanayak's book on HumanResource Management was released by the Hon'bleChief Minister of Odisha, Shri Naveen Patnaik . TheHon'ble Chief Minister congratulated Prof. Pattanayakfor this achievement and advised him to continue hisresearch in the field. The CM Mr Naveen Patnaik hashoped the book will make a great contribution to thediscipline of human resource management andbenefit students and professionals in the field.

The new edition incorporates the latest developments inthe field of human resource management. It also takesinto account the dreams and aspirations of the newgeneration and its expectations from the organisation. Infact, large organisations today have to handle threegenerations together and the resultant complexities havebeen amply dealt with by Prof. Pattanayak in his book.

Technology has impacted all facets of working today,and HRM is no exception. This book also takes care ofthe technological aspects of management of humanresources, including the latest concept of HR Analytics.

Report from the Chairman BengalChapter, AIMS

From 12th April to 4th June 2018

Chapter Meeting held on 4th June 2018 —Important recommendations,

suggestions or issues

1 We met Director-IISWBM and Dean-BusinessSchool, CU. We requested them to be a part ofAIMS activities.

2 We are planning to meet the Education Minister toaddress the problems being faced by our WBUTmembers. Dr Patra is trying for the appointment

3. 4 Globsyn is trying to hold a seminar on WomenEmpowerment on 29th June and trying to rope inas many local AIMS members as possible

4 ATMA was held recently at Kolkata and BharatiyaVidya Bhawan assisted6 We are trying to rope inas many local business schools as possible toaccept ATMA.

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WESTERN REGION

Shri Vaishnav Vidyapeeth Vishwavidyalaya School of ManagementIndore

National Case Writing Workshop

(May 29-31, 2018)

May 29,2018: Inaugural Ceremony

Shri Vaishnav School of Management (SVSM) underthe umbrella of Shri Vaishnav VidhyapeethVishwavidhalaya (SVVV), Indore organized theNational Case Writing Workshop in Association withAIMS, NHRD and ISTD, 2018. The welcome addresswas given by the convener of the event, Dr Rishu Roy.There were several participants from various B-Schools of Indore, corporate delegates, researchscholars and faculty members from SVSM. Shewelcomed all the participants and wished them goodluck in their future endeavors and briefed theparticipants that this is the Sixth National Case WritingWorkshop conducted by Shri Vaishnav School ofManagement. Most of the cases developed during theworkshops held earlier have been registered with TheCase Centre (ECCH-European Case Clearing House),Cranfield University, UK.

Dr Santosh Dhar, (Dean, Faculty of Research, SVVV)threw light on the importance of research in today’scontemporary and competitive milieu and motivatedthe participants to go for quality publications and thiswill help them to enhance their AcademicPerformance Indicator.

The resource person of the workshop was Dr UpinderDhar, Vice Chancellor-Shri Vaishnav VidyapeethVishwavidyalaya, Indore. He has led manyworkshops as facilitator so far. A renownededucationist and academician, Dr Dhar has over threeand half decades of experience in post graduateteaching, corporate training, faculty development,consultancy and research.

May 29, 2018: Brief Introduction of the Workshopand Visit to Various Organisations

Management education cannot be complete withoutciting appropriate examples. Case method, hence,has gained significant importance as an alternativepedagogical tool to the traditional lecture method ofimparting knowledge to learners. There is a dearth ofqualitatively rich cases, which are developed inIndian environment. The challenges and intricaciesinvolved in Indian management are yet to be fullydemonstrated. This workshop is an attempt tofacilitate the faculty members working in various B-schools to write management cases based on Indiansituations.

The objective of the workshop was to –

� To develop case writing skills of the participants.� To encourage the use of case method as a

pedagogical tool by providing rich inputs forimproving the analytical skills of participants.

� In view of the inadequacy of suitable caseliterature reflecting Indian situations, theworkshop aims at developing and publishingcase studies for use in teaching and trainingsessions.

Dr Upinder Dhar briefed the history of case writing andthe B-Schools. The first B-School was Harvard BusinessSchool which was established in 1908 and first casestudy was developed in 1920. In India, IIM-Calcutta in1957 pioneered for developing the case study however,the case method became more popular in IIM-Ahmedabad, which came into existence in 1962-63. DrDhar further highlighted the importance of 4D modelwhile developing the case study i.e., Data Collection,Drafting, Discussion and Documentation. He alsoguided the participants to first build repo with thecoordinator deputed by the organization and then askthe questions. While asking the questions it should bekept in mind that the questions shall not be repeated andthe narrator shall not be interrupted. The participantsshall note down each and every information religiously.Dr Dhar further suggested that the case can be dividedinto three parts: First is the Background (Aboutorganization/person), Second is the Body of the Case(Issues/Challenges/Opportunities) and Third is theconclusion part which decides that whether the case isHistoric Case or Problem based case. Also, questionsshall be incorporated at the end. Teaching notes shallalso be prepared, following the guidelines of the caserepository.

After that all the participants were requested to proceedfor lunch followed by the visit to various organisations.The participants were grouped according to their streamand experiences. Five groups were formed. Priorintimation and approval were taken from theseorganisations and the concerned authorities in theseorganisations deputed a coordinator from their endwhich would brief the participants about theopportunities and challenges encountered by theseorganisations.

The conveyance was provided by the SVVV Universityand all the five groups left for visiting variousorganisations to develop the case study.

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May 30,2018: Case Writing Sessions

All the five groups collected the facts and informationfrom the organisations they visited and startedcompiling the case study. Dr Upinder Dhar hadalready briefed them the do and don’ts whiledeveloping the case study. Dr Dhar took the review ofeach group which helped them to write the case withright approach. This also gave them direction and theparticipants also asked the queries which they had intheir mind. During Session II, the first draft of the casestudy was prepared. Post lunch, intergroupdiscussions were held. All the groups read their caseone by one and other groups gave them various goodsuggestions which were quite beneficial and wereincorporated in their case studies. The groups also

prepared the teaching notes taking the guidelines fromthe case repository.

May 31,2018: Presentation of Case Study

All the groups presented their case. Dr Upinder Dhar,suggested few modifications and instructed groups tomake rectifications in their case studies. The convener ofthe workshop Dr Rishu Roy gave them direction andguidelines for getting the case published in theInternational case repository.

May 31,2018: Valedictory Ceremony

Dr Upinder Dhar congratulated all the participants fortheir teamwork and wished them luck for their futureendeavors.

National Research Methodology Workshop

(May 21-25, 2018)

Shri Vaishnav School of Management organized afive-day National Research Methodology Workshopfrom May 21 to 25, 2018 in collaboration withAssociation of Indian Management Schools. 24Researchers and Academicians from 7 Institutes ofrepute including constituent institutes of the hostuniversity participated in the workshop.

The participants were exposed to contemporaryresearch methodology, qualitative researchtechniques and got practical exposure to the research.They were facilitated with the platform for discussionon the methodological requirements of research andto stimulate and to capture new approaches to theresearch.

Dr Upinder Dhar, Vice Chancellor, Shri VaishnavVidyapeeth Vishwavidyalaya, Indore was the drivingforce and facilitator of this workshop. First Day, DrUpinder Dhar inaugurated the workshop at 11:00 am.and he delivered a lecture on research methodology.He familiarized participants with in-depth knowledgeof research methodology, its importance, utilizationand requirement of the society. He also emphasizedon discussion part of the research report. He statedthat the discussion part is the actual contribution ofthe research.

On second day of the workshop, Dr Santosh Dhartook first session on review of the work done onprevious day. She guided participants to identify a

Shri Vaishnav Vidyapeeth VishwavidyalayaSchool of Management

Indore

research problem and how to develop a tool for datacollection. She also emphasized on importance ofreview of literature in this regard. Afternoon session ofsecond day was taken by Dr S K Tyagi, Retd Professor,School of Education, Devi Ahilya Vishwavidyalaya,Indore. He delivered a lecture on SPSS. He started hislecture by giving basic knowledge of statistics, basiccalculations and how to apply t-test on SPSS and how tointerpret the data. He taught defining variables,normality test, reliability test and t-test in SPSS.

On third day of the workshop, a review of the work doneon previous day was made. Further, Dr Upinder Dharguided the participants to improve their research. Datacollection, tabulation and preliminary analysis, werecarried out by the participants.

On the fourth day of the workshop, a review of the workdone on previous day was made. Further, Dr UpinderDhar identified the short coming in the work and heguided the participants to overcome it. Analysis andinterpretation of data and preparation of first draft of theresearch took place by the participants.

On the fifth day of the workshop, participants presentedtheir research work. Dr Upinder Dhar and Dr SantoshDhar evaluated research work of the participants andthey suggested the participants for further improvements.On concluding notes, Dr Upinder Dhar addressed theparticipants and motivated them to conduct researchcontinuously.

On completion of the workshop, certificates were givento the participants. Dr Prashant Kumar Siddhey,

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Coordinator, National Research MethodologyWorkshop gave vote of thanks.

During the workshop, 2 research papers weredeveloped, 3 scales and 2 research papers are underdevelopment stage.

1 Convocationst

(June 09, 2018)

The First Convocation of Shri Vaishnav VidyapeethVishwavidyalaya (SVVV) was organized in itspremises on 9 June 2018. The Chief Guest of theth

Convocation was Her Excellency Smt AnadibenPa te l , Governor-Madhya Pradesh . In th i sConvocation, a total number of 55 students of PhD,MSc, Mba and M Tech were awarded degrees. Apartfrom these, five Gold Medals were also awarded totoppers of various programs, including overall toppersamongst Boys as well as Girls. The ceremonycommenced with lighting of lamp by the guests.

In his welcome address, Chancellor of the UniversityShri Purushottamdas Pasari congratulated the studentsand introduced the glorious history of Shri VaishnavTrust. He emphasized on offering quality education asa commitment to society. Dr Upinder Dhar, ViceChancellor, SVVV presented the details of theUniversity achievements and activities that wereorganized by the students and for the students tofacilitate the development of planning organizing andleadership skills amongst the students.

Dr Dhar said that all possible efforts are made to ensurethat quality education is offered by regular updation ofsyllabi and curricula by the subject experts from IndianInstitute of Science- Bangalore, IITs, IIMs, NITs andrepresentatives of industry. He added that facultydevelopment was responsibility of the university. Thus,faculty members were encouraged to attend variousprograms organized by well known institutions in thecountry and abroad. The university had sponsored thefaculty to attend the conferences in Maldives, Thail and,United Kingdom and Romania in the last one year.

Eminent nuclear scientist Padma Vibhushan Dr AnilKakodkar, space scientist Padma Bhushan Dr KRadhakrishnan, well known scientist Padma VibhushanDr R A Mashelkar, Chairman of Jaipur Foot PadmaBhushan Dr D R Mehta, besides ten Padma Awardeesand more than 100 subject experts had visited theUniversity for sharing their wisdom and experienceswith the students and faculty.

In her speech, Her Excellency Smt Anandiben Patelcongratulated the students for receiving the degrees andasked the youth to come forward to removesuperstitions and abuses in the society. Her Excellencyalso advised students to do research and study onfunctionality of developmental and welfare schemesinitiated by the government so that ground reality couldbe ascertained. Her Excellency congratulated theUniversity on introducing innovative and employmentoriented programs. She also appreciated the ShriVaishnav Vidyapeeth Vishwavidyalaya for adopting 11Tuberculosis (TB) patients and urged people to comeforward and help those suffering from TB for makingIndia TB free.

Dr Akhilesh Kumar Pandey, Chairman, MP PrivateUniversity Regulatory Commission, Bhopal; DrNarendra Dhakad, Vice Chancellor, DAVV, Indore andDr Lata Agarwal, Nominee of the Government ofMadhya Pradesh Higher Education Department werealso present. The Convocation was attended byprominent dignitaries of the city along with parents ofthe students who were awarded degrees on thisoccasion.

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Entrepreneur Development CellUDHYAMITA-2018

1 Techstars Startup Weekend Indore Powered byst

Google for Entrepreneurs

(20 to 22 April 2018)th nd

Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indoreorganized a three-day Entrepreneurship ProgramUdyamita 2018 from 20 to 22 April 2018. On Aprilth nd

20, 2018 the inaugural program was honored by thepresence of Mr Sanjeev Gupta, Chief of VeltronicsIndia Pvt. Ltd. On the first day ‘Impressario 2018: AStartup Conclave’ was organized in collaboration withISTD Indore Chapter, in which young entrepreneursacross the country shared their experiences of thesuccess of their start-ups.

Mr Ganatra explain how anyone can become anEntrepreneur just by broadening their mind and thinkingby playing a Mock Entrepreneur Game participantsformed random member of teams so that they would feelcomfortable and confident. After the game, 54participants out of 114 pitched their IDEAS in front ofothers (which is enclosed.)

At the time of dinner at canteen participants interactedwith others to make their impression and networked toform teams. Then they gathered in the auditorium to voteand select the top 14 ideas (list is enclosed) and on thebasis of which they chose their own team or team chosethem on the basis of their skills.

After that they moved to Mechanical Block to select theirtables by drawing lot. Despite the whole hectic selectionprocess some teams showed their dedication andexcitement to work on their ideas through the night.

The next day morning witnessed the same energy andenthusiasm of participants those who achievedsomething by working whole night as a team. ManyMentors (list is enclosed) were specially invited to guidethe teams regarding their ideas, business models, futurescope etc and participants got a deeper view into theconcept of their ideas. The mentors were some of themost renowned entrepreneurs of the city who polishedthe ideas and gave them a direction. By analysingsuggestions given by the mentors, the participants furtherameliorated their projects.

The weekend become even more competitive when theparticipants were suddenly informed after the dinnerabout the mock presentations at 12:00 Noon of Sunday,April 22, 2018. Even after being drained out bothphysically and mentally the participants gave their best toachieve their targets. To motivate the participants, theOrganizing Team arranged a bonfire in the campus withsome music.

To analyse the progress of all the teams in their MockPresentations and to give the last-minute suggestions ateam was formed which consisted of 2 Entrepreneurs and7 Faculties (whose list is enclosed). This proved a moralbooster and teams became more confident and motivatedto face the real Jury who was awaiting them at 04:00 pmof the Sunday, April 22, 2018. Jury took some time todecide the top three Ideas out of 14 ideas as every ideawas good (Mentioned in enclosed list) and declared everysingle person as a winner with an amazing experience.For top three winning teams judges provided Rs. 5000/-per team and facility of incubation centre for threemonths to every member of top two winning team worthRs. 2 Lacs.

Udhyamita the 1 Techstars Start-Up Weekend in ourst

University happened 1 time in any University ofst

Madhya Pradesh. It set a benchmark regarding theinterest and awareness of the youth aboutEntrepreneurship and Start-Up culture.

Registration of participants started on April 20, 2018at 03:00 pm. Total 115 participants registered acrossthe India (Ahmadabad, Nagpur, Hyderabad, Bhopal,Ujjain, Dewas, Indore etc) for the event. Out of 115participants 27 girls participants also participated inthe event. By 06:00 pm all the participants gatheredin the Auditorium to get introduced with the GlobalFacilitator of Start-Up Weekend, Mr Jayson Ganatra.

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SOUTHERN REGION

AIMS Southern Region Council Meeting

on 4th May 2018 at Sri Sai Ram Engineering College, Chennai

The following points were discussed by the Council Members:

� � Strengthening the Life membership

� � One week Faculty development programmes

� � Conferences

Present at the Council meeting:

1 Dr Anil Rao Paila, President–AIMS and Sr Dean & Director–Welingkar Instt of Mgmt Development & Research,Bangalore

2 Dr P Narayana Reddy, Treasurer–AIMS and Group Director, Sanskrithi Group of Institutions

3 Dr R Nandagopal, Regional VP (South)–AIMS and Director-PSG Institute of Management Coimbatore

4 Dr K Maran, AIMS Chairman for Tamil Nadu & Pondicherry and Director- SIMS

5 Dr C Manohar, AIMS Chairman, Karnataka & Kerala Chapter

Sri Sai Ram Institute of Management StudiesChennai

AIMS Regional Conference on “ManagementPractices for Sustainable Development” held on 5thMay, 2018

Sri Sai Ram Institute of Management Studies organizeda one-day Regional Conference on “ManagementPractices for Sustainable Development”, in

association with AIMS (Association of IndianManagement Schools), on 5th May 2018. Theconference received overwhelming response across thecountry and abroad. More than 100 Participantspresented the papers in relevant areas. In addition, wealso received papers in the areas of Sociology,Psychology, Commerce and Economics from bothindustry and academia.

Theme of the Conference

In the current Global Scenario “Innovative ManagementPractices” is considered as a vibrant competitive tool forattaining sustainable development. For the businessenterprise sustainable development means adoptingbusiness strategies and activities that meet the needs ofthe enterprise and its stakeholders today whileprotecting, sustaining and enhancing the human andnatural resources that will be needed in future. Ifsustainable development is to achieve its potential itmust be integrated into the planning and measurementsystems of business enterprises, which will not onlycontribute to sustainable development but also add up tocorporate sustainability. The external and internalstakeholders are now pressurizing corporate to focus oneconomic, environmental and social activities. Theconference mainly focused on the current trends andinnovative management practices for incorporatingsustainable development.

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Objectives of the Conference:

1 To bring the industry attention for innovativepractices to focus on Management Practices forsustainable development.

2 To enable the Research Scholars to exploreintricacies of different areas faced by thecorporate.

Outcome of the Conference:

The conference commenced with the lighting of lamp,followed by welcome address by Dr K Maran,Director, SIMS, and presidential address by Sri SaiPrakash Leo Muthu, CEO of Sri Sai Ram Group ofInstitutions. Shri Ma Foi K Pandiarajan, honorableMinister for Tamil Official Language and TamilCulture, Govt., of Tamil Nadu delivered the inauguraladdress and Dr Anil Rao, President, AIMS and Dean,Welingkar Institute of Management Development andResearch, Bangalore, delivered the key note addresswhile Dr R Nandagopal, Regional Vice President(South) AIMS and Director, PSG Institute ofManagement, Coimbatore delivered special address.

Panel Discussion

Subsequently, a panel discussion was held on“Management Practices for Sustainable Developmentwith eminent personalities from corporate andacademia. Dr C Manohar, Dean ISBR Business Schoolexpressed his views on General Management, MrLakshmi Narasimhan, General Manager HRD–BrakesIndia Ltd., enlightened the delegates on HR practicesfor sustainable development, Mr U Peter Sahayaraj,Executive Director, Jayam Aacdemy, Chennai, sharedhis version in the area of Marketing. Mr RSathyanarayanan, Head Operations, HoneywellElectrical Devices and Systems India Ltd., enthralledthe delegates in the areas of Operation Practices. Dr KMaran, Director, SIMS expressed his ideas onFinancial Practices for sustainable Development. Dr CMadhavi, Prof of Business Administration, AnnamalaiUniversity acted as moderator and enlightened theaudience with her valuable inputs and comments.

Technical Sessions:

In the afternoon session, we had 5 parallel sessions forpresenting papers by the delegates in different streamssuch as Finance, Marketing, HR and Operations. Morethan 30 delegates made live presentations andexchanged their view points in Management Practicesfor Sustainable Development.

Valedictory:

Soon after the session, Valedictory session took place.Dr S Thangasamy, Vice Chancellor– Tamil Nadu

Teachers Education Society University, delivered thevaledictory address and distributed the certificate to thedelegates. Three best papers have been chosen indifferent streams and certificates of appreciation werehanded over to the prize winners. Shri Narayana Reddy,Treasurer AIMS delivered a speech on ManagementPractices for Sustainable Development as guest ofhonour. Eventually the conference ended with nationalanthem.

As is customary, falicitations were offered to the ChiefGuest, Shri Ma Foi K Pandiarajan, Honorable Ministerfor Tamil Official Language and Tamil Culture, Govt., ofTamil Nadu. Felicitations were also offered to Dr AnilRao, Dean, Welingkar Institute of ManagementDevelopment and Research, Bangalore, Dr RNandagopal, Director, PSG Institute of ManagementCoimbatore, Dr S Thangasamy, Vice Chancellor– TamilNadu Teachers Education Society University, ShriNarayana Reddy, Treasurer, AIMS, Dr C V Jayakamur,Principal Sri Sai Ram Engineering College and Dr KPalani Kumar, Principal, Sri Sai Ram Institute ofTechnology, Chennai were also present on the dias.

Distinguished dignitaries on the Dias during AIMSconference

Releasing the Journal

Shri Mafoi K Pandiarajan, Honourable Minister forTamil Official Language and Tamil Culture

delivered the inaugural address

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Guest of Honor, Dr Narayana Reddy, Treasurer-AIMS

Eminent Personalities at valedictory function

PRESS COVERAGE

Special Meeting on ARIF ResearchProposal on 19th May 2018 at Hotel The

Plaza, Hyderabad

The ARIF Committee comprising Dr Upinder Dhar,Chairman and Dr Bigyan Verma, Member interviewed allthe five new applicants and decided to request them torevise the research proposal keeping in mind theobservations made by the Committee and submit themlatest by 31 May, 2018.st

The two previous grantees also made presentations ontheir respective projects. They were also requested toproceed with their projects incorporating theobservations made by the Committee Members andsubmit the final reports by October 2018.

School of ManagementSri Venkateswara Univesity

Tirupati

A Brief Report on Two Day Faculty DevelopmentProgramm “On Competence Development for

Management Teachers”

A two-day FDP for the faculty members of managementwas organized on 1 & 2 June, 2018 at Hotel Fortunest nd

Kences, Tirupati by Department of Management Studies,S V University, Tirupati in association with AIMS underthe stewardship of Prof P Raghunadha Reddy. 108Faculty members from various management institutionsmostly affiliated colleges of S V University attended thetwo-day event.

The inaugural function was attended by the Director ofadmissions, S V University Prof B Sudhir, Treasurer–AIMSProf P Narayana Reddy and the FDP Coordinator Prof PRaghunadha Reddy. The Valedictory was attended by thePresident of AIMS, Dr Anil Rao, NLP Practitioner Mr VSVPrasad and Prof P Raghunadha Reddy.

Keynote Address delivered by Dr Anil Rao Paila,President- AIMS, and Dean-Welingkar

Director Instt of Mgmt Development & Research

Special Address delivered by Dr Nanda Gopal RRegional Vice President (South)-AIMS,

PSG Institute of Management, Coimbatore

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R V Institute of ManagementBangalore

4 International Dayth

R.V. Institute of Management organized 4 Internationalth

Day of Yoga on June 21, 2018 and is proud to be a part ofthis privileged event since inception. This year, theprogramme was led by Dr Purushottam Bung, Director,RVIM at 7.30 am in Campus Quadrangle. Mass practiceof Yoga was held upto 9.00 AM.

RVIM Yoga Club was initiated on the International Day ofYoga 2018 with the sole objective of making peoplehealthy (physically, mentally, emotionally and spiritually)so that they can lead a happy life. This club is led by DrPurushottam Bung, Professor & Director, RVIM andcoordinated by Mr AChandran, Assistant Professor RVIM.

Prof Purushottam Bung has designed a “Health Capsule”of around 1 hour which includes20 minutes of walkingand 40 minutes of important exercises, yogasana,pranayama and meditation for every workingprofessional. Everyday practice of this capsule as a ritualwill definitely make the practitioner a healthy, happy andsuccessful professional.

One hour “health capsule”

� 20 minutes of walking (5 minutes slow + 10minutes brisk + 5 minutes slow) or simple warmup, Surya Namaskaar and stretching exercises

� 5 minutes of Shavasana.

� 5 minutes “Bhasrika” Pranayama.

� 5 minutes “Anuloma – Viloma” Pranayama,including Surya Anuloma - Viloma and ChandraAnuloma - Viloma.

� 5 minutes “Kapal Bhati” Pranayama with leftnostril, right nostril, alternate nostril and both thenostrils which makes a complete cycle.

� 5 minutes “Agnisarasa” Pranayma and “Shwana”Asana and “Narasimha” Asana.

� 5 minutes “Bhramari” Pranayama and OmkarDhyana.

� 10 minutes for neck exercises; back exercises;shoulder exercises; knee & ankle exercises; eyeexercises to loosen up the entire body.

One hour out of 24 hrs. (4% of time) one has to spend forone self to remain fit (physically, mentally, emotionallyand spiritually) and enjoy the life to fullest.

The event witnessed active participation by thefaculty members. All the resource persons haveplayed their part well. There was an encouragingfeedback and the participants wanted these kinds ofprograms to be organized at least once every sixmonths. Toward the end of the program, a fewmembers were given the chance to air their viewsabout the program. Feedback was also collectedusing a structured questionnaire as well.

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Photo 2: Students prepare floor art on WorldEnvironment Day 2018

Photo2a : RVIM Students prepared floor art to markWorld Environment Day 2018

Sammilana 2018 - Alumni Meet

Sammilana 2018 - Alumni Meet was held on Saturday,June 23, 2018 at R.V. Institute of Management,Bangalore. Around 95 Alumni had participated in themeet and enjoyed the meet thoroughly. The Alumni Meetwas presided by CA. Dr Vishnu Bharath Alampalli,Trustee, RSST & Chairman, Governing council, RVIM. DrPurushottam Bung, Director, RVIM welcomed thedignitaries and the alumni followed by lighting the lamp.A panel discussion was conducted on the topic“Importance of Alumni in Institution Building” whereinselected alumni achievers were participated as panelmembers moderated by Dr A Narasimha Venkatesh,Associate Professor, RVIM. “SAMMILANA 2018 - AlumniAchievers Award” were given to ten selected alumniachievers based on their achievement in different fieldfrom various batches. Later alumni took activeparticipation in various fun games amidst a sense oftremendous cheer and happiness surrounding the wholeenvironment.

Photo 3: Director and Staff withAlumni during Sammilana 2018

Inauguration of Movie Club

The Movie Club at R. V. Institute of Management wasinaugurated in the Media Centre by Dr. Purshottam Bung,Director, and RVIM on July 05, 2018.The purpose of thisclub is mainly learning through interaction anddiscussion around the theme. The activities carried out bythe Movie Club will encourage students to develop adifferent perception towards films and help them inappreciating the movie, the art and creative. Aclassic filmdepicting climate change impact “BLUE PLANET” wasscreened during the inauguration session. Faculty andstudents shall have a privilege membership in the movieclub. The club is coordinated by three faculty memberswhich include Prof Nagasubba Reddy, Prof AnithaD’Silva and Prof Rashmi Shetty.

Photo 1.Dr.Purushottam Bung, Director, RVIM leadsYoga Practice on IYD 2018

World Environment Day

R.V. Institute of Management celebrated WorldEnvironment Day on June 5, 2018. Traditional form ofartwork on floor is very popular in most of IndianHomes. They are called ‘RANGOLI’. A form of floor artin vibrant colours. Students at R.V. Institute ofManagement grouped into team to create a big floorlandscape to mark this year World Environment Day.

Address for Correspondence and Contact:

Mr M Venkateshwarlu

Executive Secretary

Association of Indian Management SchoolsHead Office : D No 6-3-668/10/76 First Floor, Near Sri Kalyana Venkateshwara Swamy Temple

Durganagar Colony, Punjagutta, Hyderabad 500 082. Telangana. Tel: 040-23417876/48544057Email: [email protected]

Ms Rupinder Kaur ChandiokATMA National Coordinator

Flat No. B–5, Ashiyana, Triveni Coop Housing SocietyPune Office:

Bhau Patil Road, Bopodi, Pune – 411 020, Maharashtra. Mob : 9810152053Email: [email protected]

Web: www.aims.org.in

eNewsletter Vol.3, No.4, May-June 2018

Dhruva College of Management

DHRUVA in its passion to produce leader-managers with 360o perspective, brings in experts from industry andacdemia from all over the world. Few things it can boast of are:INFRA, Number of global leaders addressing itsstudents and its curriculum tempered thru AHIMSA Axis Hyderabad -Indian Management Systems Academy...itsforum that gives an ambience of eastern ethos in general and ancient Indian lore in particular). DHRUVA studentsare constantly in a FLUX by donating blood under the aegis of Lions’ Club,Tree pantation-Rotary, Swatch Bharath-GOI, Safety campain-SAFE (Society for Accident Free Environment), Leadership training-GHAC(GreaterHyderabad Adventure Club), Adult Literacy-Tata’s,Run For Vote-GHMC, Communication Felicity-ToastMasters...to name a few!

Apart from offering gives fee waiver/discount to Defence Personnel,PGDM at lowest tuition fee, DhruvaPhysically Challenged, Girls, Bottom of the Pyramid. It has taken a formidable initiative in helping Anugeh forpursuing “Research on Autism” (of Rs 10 Lacs promised, Rs 1 Lac given away already)

Documents

FROM THE PRESIDENT'S DESK - AIMSAccountants (IMA), USA and Association of Indian Management Schools, India for being partners of Finance Conclave, 2018. He also extended specific thanks