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Activities 2019-20 Webinar on ‘Business Analytics in decision-making.’ 30 th May, 2020 A webinar was conducted by the Department of Management Studies, Bhavan’s Vivekananda College on the 30 th May, 2020 on the topic ‘Business Analytics in decision-making. The speaker invited for the webinar was Dr.Vijaya Bhaskar Marrisetty, Professor, School of Management Studies, University of Hyderabad. He spoke about the different types of biases that can hamper human judgement, which necessitates the use of business analytics to take informed decisions. He spoke about the different types of analytics like descriptive, prescriptive, diagnostic and cognitive analytics. More than 700 students and faculty members from all over India participated in the webinar.

Activities 2019-20 · 2020. 12. 22. · A VISIT TO THE MANUFACTURING SITE OF YAKULT DANONE INDIA PVT. LTD IN SONIPAT HARYANA. 9th January, 2020 The Department of Management studies

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  • Activities 2019-20

    Webinar on

    ‘Business Analytics in decision-making.’

    30th May, 2020

    A webinar was conducted by the Department of Management Studies, Bhavan’s Vivekananda

    College on the 30th May, 2020 on the topic ‘Business Analytics in decision-making’. The

    speaker invited for the webinar was Dr.Vijaya Bhaskar Marrisetty, Professor, School of

    Management Studies, University of Hyderabad.

    He spoke about the different types of biases that can hamper human judgement, which

    necessitates the use of business analytics to take informed decisions. He spoke about the

    different types of analytics like descriptive, prescriptive, diagnostic and cognitive analytics.

    More than 700 students and faculty members from all over India participated in the webinar.

  • Webinar on

    ‘Business Opportunities and challenges in the post Covid-19

    scenario’

    16th May, 2020

    A webinar was conducted by the Department of Management Studies, Bhavan’s Vivekananda

    Collegeon the 16th of May, 2020 on the topic ‘Business Opportunities and challenges in the

    post Covid-19 scenario’. The speaker invited for the webinar was Prof.Lalitha Ramakrishnan,

    Professor of International Business, Pondicherry University.

    More than 700 students and faculty members from all over India participated in the webinar.

    She said that every problem should be taken as an opportunity. In the difficult covid situation,

    there is an opportunity for India to build our economy. There are three different shapes of

    recovery after recession.U, V and L shapes, once lockdowns are over, U shaped recovery will

    be seen in India according to her. She spoke about the post-covid scenarios with reference to

    different sectors of the economy such as the production sector, realty sector, hotels and

    tourism, telecom, automobile, aviation, financial services and so on. More than 700 students

    and faculty members from all over India and abroad participated in the webinar.

  • MEDHA 2K20

    “Management 2030 – The Road Ahead.

    29th February, 2020

    The Management meet – MEDHA 2K20 is themed as “Management 2030 – The Road

    Ahead”.

    The Inaugural session Chief Guest was Aneil Deepak, Co-Founder INKA addressed the

    audience by explaining the importance of the theme and its relevance in today’s business.

    Principal of Bhavan’s Vivekananda College Prof. Y. Ashok spoke about how we should

    implement what we learn during our course of management studies.

    Head Department of Management Studies Dr N. S. Chakravarty gave a brief insight on the

    theme Management 2030 .

    A large number of Students participated from various colleges located around the city .

    In the valedictory session the winners were awarded mementos and cash prizes. The entire event

    was a overwhelming experience.

  • Guest Lecture: Negotiation Skills

    14th February, 2020

    Endorsed by over 60,000 professionals in more than 300 organizations Dinkar is a corporate

    coach and among the sought after Trainers. Dinkar’s 22 years of experience out of which 20

    years has been in corporate Leadership and Managements Skills training with organizations

    such as INFOSYS, T.C.S., GE, CTS, ORACLE CORPORATION, VERIZON, ZENSAR, HOSPIRA, DRREDDY’S, WIPRO, IBM, HDFC, AXIX BANK, BHARATI - AIRTEL,IDEA CELLULAR, VOLVO,

    TATA MOTORS, C.S.C. HLL, ITC and over 300 more. Dinkar facilitates workshops on Leadership Skills and Managerial Effectiveness. He is the

    principal trainer for the flagship Fortified Manager program which is among the numerous

    programs he has offered to chisel the managers and leaders in the corporate world. He is most

    effective in programs such as Effective Client Engagement, Group Dynamics, Team building,

    Working & Leading, Conflict Resolution, Negotiation Skills, Decision Making, Problem

    Solving, etc.

    Dinkar is a specialist in Psychometric Testing, 360 Degree Feedback, Assessment centers,

    performance appraisals , competency mapping and related intervention. His coaching often

    ocuses on unlocking the unconscious cycle of resistance to change. Besides the distinguished

    academic credentials Dinkar’s keen insight into peoples’ behavioral dynamics in corporate

    world factors into the trainings aspects. He is a compelling speaker with effective and

    dynamiccommunication techniques.

    A Certified Trainer and a Certified Psychometric Specialist. Mr. Kadam earned a post

    graduate degree in Mass Communication & Journalism, Business Administration and

    Psychology. Alumnus of Sri Satya Sai Institute of Higher Learning.

    The speaker highlighted on the following points:

    In negotiations Knowledge, Communication and Skills are directly related.

    What are the challenges a manager faces in an organization? – To motivate his

    employees, Lead the people, Resolve conflicts among them and many more.

    It is said 9 out 10 managers have negotiations skills.

    Why is negotiation important? Because it is the culmination of any business deal and

    also helps in trying to optimize your position at the table.

    Example: Role Play between a buyer and seller {each having Rs 500 each }- it was

    explained to sometimes look for values and love as there is more than commercial

    benefit behind negotiations.

    4 Key fundamentals of negotiations are:

    1. Communication Skills

    2. Information

    3. Power

    4. Time

    The usage of these fundamentals depends on the level of desperation. Example:

    Japan-Aus-Canada {for iron ore & coal}

  • In negotiations, Price negotiations are the last thing to do.

    It is important to never attack the product or the services of the product. – This is the

    mantra in negotiations.

    Points to be noted:

    1. People Emotionally Buy and Logically Justify.

    2. Understood before seeking to be understood.

    2 important factors of communication are:

    1. Choice of words

    2. Body Language

    Features of Communication are:

    A: Attention

    I: Interest

    D: Desire

    A: Action

    I/You

    They

    Both

    Win

    W

    W

  • Industrial visit : Creamline diary products pvt ltd

    14th February 2020

    The Department of Management studies has organized an Industrial Visit to have a better

    understanding of the intricacies involved in applying the theoretical concepts learned by the

    students. As a part of the programme All the BBA II year students of section A and B went for the

    Educational visit for the academic year 2019-20 which was conducted on 14 th February 2020 .

    Objectives of the Industrial visit:

    To make the students aware of the practical job experience in a manufacturing unit.

    To demonstrate how various concepts of management including assembly line

    techniques, functional foremanship work in an industry.

    To demonstrate product mix through various processes like manufacturing, branding,

    packaging, labelling and recycling.

    The students were welcomed by the creamline diary products management and before

    the management take them for the manufacturing unit each student and faculty member was

    provided with a bouffant cap and a protective mask as a safety measure before entering into the

    industrial unit.

    The educational visit of BBA II years was broadly divided into 4 major sections-

    1. Ice cream section-

    This unit included 3 stageslikewise,

    Ice cream production: Huge installations and machines processed

    milk into fine ice creams through just a click of a button. There were

    workers employed to look after the smooth functioning of each

    machine.

    Ice cream packaging: Once the ice creams were prepared, they were

    packaged in various quantities from 100 ml to 1000 ml and shapes like

    cone, scoops, cups etc. A cone filling machine made the process easier

    by filling a cone, every 2 seconds whereas the cup/box packaging was

    done manually as 250 boxes per hour.

    Hardening- The ice creams were then, immediately shifted to a

    hardening room with artificially adjusted cold temperature to store the

    ice creams and prevent them from melting.

    2. Butter processing section- The second major section was the processing of

    butter through stages like-

    Raw cow’s milk was put in a machine called ‘separator’ that spins

    and divides the raw milk’s fat from the rest of the liquid.

    The fats are called ‘butter cream', which were put in a bulk tank for

    24 hours where it was pasteurized.

    It was then, transferred into a machine called ‘churner’, that spins the

    butter, adding any flavour or salt needed for over an hour.

    It was then shaped and packaged ready for store shelves.

    The excess liquid from churning forms the milk for ice cream

    production whereas the liquid from separator machine is processed to

    create skim milk and curd.

  • 3. Milk and curd processing section- The milk was processed in heavy

    machines through major stages like,

    Pasteurization- This technique heats milk to 72°C for no less than 15

    seconds, then cooled immediately to destroy any harmful bacteria.

    Homogenization- This stops the cream from separating and rising to

    the top of the container, allowing a more consistent texture and taste.

    Centrifugal separation- This removes some or all of the cream to

    make reduced-fat, low-fat or skim milk.

    Ultra osmosis- This is a combination of ultra filtration and reverse

    osmosis that holds back milk solids and allows both water and salt to

    pass through.

    Packaging- The processed milk is finally packaged in cans, tetrapacks

    etc.

    Lactic acid was added to the processed milk in a huge machine and through the

    process of fermentation; curd was prepared and accordingly packaged.

    4. Paneer, DoodhPeda and Badam Milk section- Milk was heated and

    coagulated in large vessels which gave out-

    Coagulum- It was poured on a fine cloth and pressed, followed by

    water straining which made paneer.

    Khoa- Further processed into doodhpeda.

    The processed milk from the milk section was added with the

    badam(almond) flavour to give rise to badam milk which was

    packaged in reusable and recyclable glass bottles.

    Outcome of the trip:

    Students, now know the enormous processing efforts from heavy machinery to

    manual processes and from rich quality ingredients to attractive packaging techniques

    behind the daily consumed dairy products.

    Importance of coordination with various sections and departments for the overall

    production is well understood.

    Product mix through manufacturing, branding(Jersey), packaging and labelling is

    well-explained.

    Most of the material used for packaging is either reusable or recyclable, making us

    realize the importance of fulfilling organization’s social responsibility.

  • A VISIT TO THE MANUFACTURING SITE OF YAKULT DANONE INDIA

    PVT. LTD IN SONIPAT HARYANA.

    9th January, 2020

    The Department of Management studies has organized an Industrial Visit to have a better

    understanding of the intricacies involved in applying the theoretical concepts learned by the

    students. As a part of the programme All the MBA II year students went for the Educational

    visit for the academic year 2019-20 which was conducted on 9th January 2020 . The students

    were welcomed b y the Yakult DANONE Management

    Yakult DANONE is one of the Largest selling probiotic drink, globally more than 40 million bottles are

    consumed daily in 40 countries and regions.

    Students moved to the manufacturing area, where the Yakult management showed the students from the

    process of picking proper ingredients, analyzing them in a way where they have a grade system to send them

    to production only when approved and packaging system.

    The following are Yakult ingredients water, skimmed milk, glucose-fructose syrup, sucrose, and

    live Lactobacillus Casei Shirota bacteria which are divided in individual sections. All the MBA students were

    allowed to visit various sections of Manufacturing of the different product lines of Yakult.

  • At the end of the session’s students were given yakult probiotic drinks as goodies to taste the magical drink

    for stomach [red capbottles for the sweet tooth and the blue cap bottles (low sugar content) for the health-

    conscious people]

  • A VISIT TO THE MANUFACTURING SITE OF PARLE G BAHADURGARH,

    HARYANA.

    8th January, 2020

    The Department of Management studies has organized an Industrial Visit to have a better

    understanding of the intricacies involved in applying the theoretical concepts learned by the

    students. As a part of the programme All the MBA II year students went for the Educational

    visit for the academic year 2019-20 which was conducted on 8th January 2020 . The students

    were welcomed b y the PARLE G Management.

    PARLE G Management has given a digital introduction in a creative manner as they

    explained all their history through some amazing animation characters which began with

    Parle Products (1950s) owners Vijay, Sharad and Raj Chauhan (founders of the brands Parle-

    G, 20-20, Magix, Milkshakti, Melody, Mango Bite, Poppins, Londonderry, Kismi toffee

    bar, Monaco and krackjack)their idea to start this particular industry. Also, some amazing

    known and unknown facts of Parle G such as at a point it was the only biscuit company and

    they were many people trying to copy their brand which might have affected theirsales. After

    the presentation session students visited to manufacturing area of PARLE G to see the

  • anufacturing of biscuits, maintenance of machinery, packaging etc.

    At the end of the visit students learned

    If recognition is required , hard work is necessary

    With hard work and dedication, anyone can become great

    To become great students should not compromise, take no shortcuts and to never

    copy anyone

    Always keep trying to better yourself

    Keep learning new things because there is no limit in acquiring knowledge

  • Guest Lecture

    19th December, 2019

    The department of management studies conducted a seminar for MBA II year students on

    19thDecember 2019 and the speaker was Mr. Susheel Dhanasri – Vice President - Sales &

    Marketing for Caprus IT Ltd - an ISO 9001 & ISO 27001 certified 32 million USD turnover

    company, as his profile spoke about hislist of achievements, so did he deliver the lecture

    efficiently.

    The topic wasDOMAIN EXPERTISE AND VALUE ADDITION ADAPTABILITY

    Basically,he started off on the what are the credentials required for moving up the career

    ladder and its effect on remuneration, recognition and promotion.

    He also mentioned about Job exploration where students can visit online portals to takecareer

    surveys to matchwith the activities they enjoy, PersonalTraits, Subject of interest etc and also

    regarding Career genogram which depicts family relationships which includes family

    members occupational history.

    Mr. Susheel also explained the difference between flexibility and adaptability, its

    significance in the today's environment where an individual should have the ability to change

    under altered circumstances,to come outside of the comfort zone, Adaptations at workplace in

    recent times, Digital platform acquaintance, Advancement in technology like AI and block

    chain.

    It was an interactive session where he answered all the questions patiently irrespective of its

    importance. At the end he concludedon how to upgrade one’s personality, how to balance

    work life and personal life, how success starts from a scratch, and mainly to overcome the

    fear of failure. Overall Mr.Susheel has covered all the main aspects under the topic.

    Mr. SusheelDhanasri

    To conclude it was an insightful lecture from such experienced person, which made the

    students understand that age is just a number and tonever stop learning. Thus, the session

    ended with the coordination of faculty and all the students.

  • Guest Lecture

    21st August, 2019

    Department of management studies organized a guest lecture on 21stAugust 2019 on the topic

    “consulting in corporate sector” in seminar hall Biochemistry block. The guest speaker was Mr.Joshua

    Satuluri who is currently working as head of closing Mortgage and Home Equity for Wells Fargo

    Enterprise Global Solutions. He has overall 25years of work experience in banking and financial

    services and also an SME in debt collection for credit cards and loan products. The guest lecture was

    started by the welcome address. The lecture was started with the speaker sharing his work experiences

    through out his career. The opportunities he got in his career and how he became an SME indebt

    collections. To succeed in the field of consulting one needs to first understand the business, try to

    analyze the annual reports of the business and get to know the costs, losses and the revenues of the

    business. The next is understanding the customers and their tastes along with this we should also

    understand the processes the technology and the people of the business then try to talk in their

    language which is understandable by customers and lastly see what’s in it fo me (WIFM) what is our

    take away from the analysis we did and what is helpful for us. Any consultant should always try to

    show the value of efficiency i.e., Increase the speed, increase the quality and decrease the costs.

    Some of the challenges that any consultant faces are acceptability, not getting the information that you

    are looking for, you not trying hard on your part, not ready to change with the situation. To conclude

    we should always try to get a job that will not be taken over by the machines in the future, which are

    having market in the future and also which will contribute towards mother earth. So, it was ended

    with a statement that “The answer is in our hand”.

  • Guest Lecture

    17th August, 2019

    Department of management studies has organised a guest lecture for BBA-III year students on

    Interview Skills and in Seminar Hall, Room No. 208 on 17th August’2019.

    The speaker for the lecture was Lt Col Meenakshi Pathak (Retd),Armed with a unique blend of knowledge and

    technical know-how, Lt Col Meenakshi Pathak (Retd) is a Qualified professional with 20 years plus of service

    in Indian Army with an experience in General Administration, Personnel Management, and Client Relationship.

    She is also formally trained Soft skills Trainer and Image Consultant from Image Consulting Institute, India

    (ICBI), & also a member of IMPA (Image Management Professional’s Association).

    In her training sessions she apply the concepts of building a distinctive, powerful Personal Brand and Self-

    Image. She work with below segments of people with a motto of grooming leaders faster than the competition.

    • Corporate Professionals – At different hierarchical levels, trying to balance their professional and personal

    lives.

    • College Students – Preparing to break barriers and step into the outside world with Confidence

    • School Students – Stressed to maintain a balance and bowed with burden of intense competition

    She follows a Practical Approach and target below aspects of Image and Soft Skills; in turn inculcating in each

    individual skill for building a Winning Image, Lasting Impressions and Creating a Holistic Personality.

    She focused on the interviewing skills covering the following:

    • Creating Lasting First Impressions, including personal grooming appropriate for different occasions:

    “First Impression is not the Last Impression, but it Lasts Long”. In the face of fierce competition in all spheres

    and industries, it is inevitable that you are being judged every second. An imprint of your personality is created

    in a person’s mind within 1/10th of a second of your interaction with them. The objective of this session is to

    enable people to create lasting impressions and be on their game from the very beginning.

    • Non-Verbal and Vocal Communication, also focusing on positive Body Language and Transactional

    Analysis: Most people often struggle on how best they can express their thoughts, ideas, emotions or convey

    effectively their message while interacting verbally or non-verbally with clients, colleagues, management,

    existing/potential customers. Today, when most messages float through social media, non-verbal

    communication is of vital importance. This session targets at strengthening verbal and non-verbal

    communication skills and enable people to build fruitful business and interpersonal skills. The session focuses

    on aspects on email writing and using correct gestures in business/professional environment.

    • General and Dining Etiquettes: Knowing about and possessing strong business etiquettes and dinning skills

    gives an edge to your personality; helping a person to reflect a positive image. This skill is indispensable for all

    age groups – be it students, college graduates, business class or professionals from any level of management,

    who would like to appear confident in this Image Driven world.

    • Goal Setting: “Begin with the end in mind”. Whether it is planning on weekly chores, watching a movie or

    achieving a position at your workplace, all these account as goals. The goals you set are the first step to any

  • journey. This session highlights the significance of goal setting and covers aspects of applying your knowledge

    in daily life – be it achieving your personal or professional goals.

    • Time and Stress Management: Do you know what separates the highly productive people from everyone

    else? It is knowing what they need to be doing, prioritize their work and get the most of every second. The

    objective of this session is to help participants formulate their own Time Management Matrix to manage their

    available time more efficiently.

    • Other aspects of Personality Development that fall under my portfolio include: Team Building, Conflict

    Management, Interview Skills and Customer Service.

    The session was very informative which will help students to attend interviews.

  • Guest Lecture: 3 Mantras to kick start your career

    27th July, 2019

    Department of Management studies organized a guest lecture on 27 TH JULY 2019 on the topic “ 3

    Mantras to kick start your career” in MBA block seminar hall. Ms. Sushma uday who is currently

    working for Capgemini as a senior manager in the field of HR Business partnering with 14 years of

    extensive experience in the field of Human resource development and management.

    The Guest lecture was started by the welcome address. The lecturer evoloved aroung the topic

    “3Mantras to kick start your career”.

    She spoke on the 3 Mantras:

    The first mantra is to brand yourself by identifying your own distinctive style.

    She stressed that before branding ourselves we need to focus on few points like purpose, genuine,

    visibility, consistency, ready to fall, network, and seeking feedback.

    The second mantra was growth attitude and mindset. She pointed out that the attitude and

    mindset should grow in such a way that we should be able to ace and overcome the challenges,

    obstacles, criticisms that come in way of the career and mentioned to react properly to the success

    of others.

    The third and the last mantra is adaption to change. Whenever there is change in our lives, we

    always first deny to change, then we are frustrated due to the change, which leads to depression.

    Then try to experiment the change and finally take the decision.

    She concluded by saying that we should focus on one goal at a time an think about the difficult

    things that come in the way of our goal.

  • Guest Lecture: Reality Check

    10th July, 2019

    The department of management studies conducted a seminar on 10th July 2019 and the

    speaker was Dr.Seena Biju, as her profile spoke about her proficient achievements, so did she

    deliver the lecture efficiently.

    The topic for the day was REALITY CHECK.

    Dr.Biju has covered all the aspects under the topic, as how to develop mental ability as well

    as technical skills to achieve success in practical world (Industry)

    Her methodology of presenting was excellent, as the information was in points, graphically

    represented which was delightful and easy to remember.

    Students were into the session and her humor made it even more interesting. They were really

    moved by her presence of mind when she jot down few points regarding making a difference

    globally. She also explained what happens in reality & connected to the present millennials

    perspective.

    As she spoke to students with so much ease they started sharing their own amazing

    experiences. She answered all the questions patiently and listened to all the answers, soon it

    became an enthusiastic and interactive session.

    Overall it was an amazing lecture from such experienced person, To conclude she was an

    inspiration to the crowd "To not stop learning".

    Thus the session gracefully ended with the coordination and presence of Hod, faculty and all

    the students.