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8/9/2019 DOMS IITRoorkee Magazine May
1/15Department of Management Studies, IIT Roorkee
Management Consultancy-Elite Talks by Vivek Bhatnagar
Role of Spirituality in an
Organization
Volume - 1 Issue 04 May 2010
Cloud Computing
8/9/2019 DOMS IITRoorkee Magazine May
2/15Department of Management Studies, IIT Roorkee
From the Editors Desk
Animesh AgrawalEditor DoMination
(Department of Management Studies, IIT-Roorkee.)
Dear Reader,
Welcome to the fourth edition of"DoMination.
We experienced nostalgic moments of the past and those in the
making as we met our treasured alumni at Regalia-2010 this month.
Read more in our coverage ofRagalia-2010.
Along side we are out with Admissions-2010 shortlisted candidates
who proved to be the best of the lot . Take a look at list on our website
: http://www.iitr.ac.in/
Yet again we feel privileged to be guided on Management Consulting
as career by one of the gems of IIT-R alumni "Mr. Vivek Bhatnagar.
Currently - Business Development Manager for YAHOO(US)
On our endeavor to serve the right to our readers, we have an on
demand coverage on topic Spirituality in an Organization; do read
about it. Being competent is not important unless one is able to utilize
the competence judiciously. Discover the power of Spirituality in
making this true.
We also bring Cloud-Computing on the platter. As a metaphor for
the Internet, "the cloud" is a familiar clich, but when combined with
"computing," the meaning gets bigger and fuzzier.
Congratulations to winners of Qutopia-3. Keep playing, keep
reading, keep enjoying. Have your bite at Qutopia-4
Till the time we meet again; "Happy Reading".
8/9/2019 DOMS IITRoorkee Magazine May
3/15Department of Management Studies, IIT Roorkee
4
Cloud Computing
1
Role of Spirituality in an
Organization
-Siddhesh Joshi & Amit Sharma
DoMS, IIT-Roorkee
6
Management Consultancy
Elite-Talks Special by IIT-R Alumni
Business Development Managerfor YAHOO(US).
-Varun Chandra
DoMS, IIT-Roorkee
CloudComputing
19
Qutopia - 4-J. Arjun & Mayur Gurjar
DoMS, IIT-Roorkee
9
Hocus-Focus
Event, you just cant afford to miss out
-Annual DOMS Alumni-Meet
8/9/2019 DOMS IITRoorkee Magazine May
4/15Department of Management Studies, IIT Roorkee
Role of Spirituality in an Organization
The faculty to differentiate between right or
wrong enables a person to make a prudent
choice of those natural disciplines which areconducive to progress, whereas with the help o
organizational skill one carries this choice to
realization by working and making others work
accordingly. Organization skill has many
manifestations .Systematic programming o
food habits, physical labor and periods of rest
provide one the benefits of a long and and
healthy life. Man is expected to appreciate the
significance of this skill and develop and utilize
this unusual gift of nature.
Being competent is not important unless
one is able to utilize the competence
judiciously. The stick in a matchbox has a
tremendous potential for ignition, but onlythose can light it who know the process o
lightening. In absence of an organized system,
in spite of availability of all logistics, rather
than making progress, one finds it difficult to
maintain even the existing status. Like light and
darkness the sequence of prosperity and
adversity too depends to certain extent on
environment. However, notwithstanding the
environment, a virtue which results in better
capability of production is known as efficiency
of organization i.e. competence for proper
organization of available resources. It would
not be unjustified to assign this attribute a top
priority in the affairs of material world. It is this
efficiency of planning and organization which
enables man to be happy and prosperous.
Skill of organization does not merely
comprise of an analysis of existing situation. It
also includes a consideration of past and
initiation of action for necessary changes
without any loss of time. For improvement in
future, an assessment is also to be made of the
requirements of additional inputs and the
actions required to make arrangements for
them. Organization is the name for this totality
of conceptual analysis irrespective of the
purpose for which it is carried out. Physical
health and mental health are two significant
foundations of competences. One is, therefore,
advised to be as vigilant about them as isnecessary for operation and eradicating faults
in any multi product industry.
- Varun ChandraDoMS, IIT-Roorkee
1
8/9/2019 DOMS IITRoorkee Magazine May
5/15Department of Management Studies, IIT Roorkee
Role of Spirituality in an Organization
For making use of physical and mental gifts
of nature in a right manner, it is necessary to
remain in a cheerful state. The mind should
always be kept discerning and alert. It is
necessary to exercise self restraint, develop
discernment and thereby be fully aware o
future consequences of actions. In one word,
this state of mind is known as talent. Only
talented people are capable of thinking about
many facets of problems on the basis of existing
facts and manage to govern their own as well as
others activities to establish a well organized
system for alleviation.
When a person begins to contemplatedeeply and critically into the details of ones
existing environment and its projections in
future , it may be considered a major step in the
direction of progress. Any decision for firm
pragmatic action must be taken after projecting
the existing environment into its likely future.
Besides imbibing a progressive attitude, it isnecessary to have a clear concept of the work in
hand. Environments are perpetually
undergoing change and each one of us has his
own characteristic way and style of working. By
aping the methodology and line of action of a
successful person, one may not necessarily
achieve the same degree of success. One is,
therefore advised to plan ones actions
according to ones own environment. It
requires an independent frame of mind,
farsightedness and prompt pragmatic
approach.
The process of each human endeavor follows
a definite course. It begins with an ambition.
Each new ambition gives rise to energy and
motivation for a continuous effort for its
fulfillment. Although an ambition in itself
means beginning of ultimate success, it must
also be kept in mind that the ambition must
not relate to small achievements and such goals
are chosen which could also provide an
everlasting social recognition as well as self
satisfaction. The highest level of ambition can
only be one that is to develop ones own
personality to such elevated level so as to beable to guide others as well as towards
excellence. This is in fact the true leadership.
Proper structuring of time is an important
characteristic of a good manager. One who is
unable to utilize ones own time appropriately
according to priorities and spends routine
haphazardly does not succeed in convincing
others about the value of time. Discipline is a
multi-dimensional virtue. Regularity is one of
its dimensions. Involvement, perseverance and
carrying out responsibilities could also be
regarded as attributes of discipline. Associate
workers of a person who manages to keep
oneself systematic and organized, react
according to latters style of functioning in
order to meet the requirements of its objectives
and expectations.
Contd..
2
8/9/2019 DOMS IITRoorkee Magazine May
6/15Department of Management Studies, IIT Roorkee
Role of Spirituality in an Organization
A manager must not have traits of strong
likes or dislikes. It is better to follow the middle
course. Whenever one deviates from this
moderation of civility, and adopts extreme
attitudes, one becomes exposed to undesirable
pressures. By avoiding this weakness one can
easily escape many embarrassing situations. It
is neither desirable to become disturbed or
agitated under unfavorable circumstances nor
it is good to boast in the event of achievement,
however significant they may be. Only on
developing such a poise, one succeeds in
finding means for counteracting adversities and
making circumstances favorable with renewed vigor. An excited person loses sense o
reasoning and aggravates the misery by
irresponsible behavior and actions.
The art of living is like managing a big
commercial establishment. Only those persons
succeed in appropriate utilization of life and get
increasing returns, who take recourse to
detailed planning, pragmatic approach and
systematic organization. Only those individuals
who have the wisdom to shape their life styles
by properly channelizing their time, energy,
mental faculties and talents in the right
direction by meticulous planning, are
acclaimed by the world. An efficient manager
learns to organize ones own personal affairs
and utilizes the experience so gained for
management of other persons and theirassignments. This in fact is the acid test of
organizational skill, which every aspirant has to
undergo.
Contd..
3
8/9/2019 DOMS IITRoorkee Magazine May
7/15Department of Management Studies, IIT Roorkee
Cloud Computing
Continuing our discussion from the last
issue on latest trends in technology we move onto a technology provisioning model that uses
virtualization as a key component. While
virtualization is a technique used to abstract
physical characteristics of computing resources
from systems, applications or end users that
use those resources , cloud computing can be
considered as model that uses this abstraction
to provide flexible, on demand and cost
efficient technology solutions to organizations.
Cloud computing refers to a set o
technologies, disciplines and business models
used to deliver IT requirements as on-demand
service. The principle point here is that the
organization accessing this cloud pays on a per
use basis for the use of infrastructure, platform
or services. Enterprises may reduce size and
complexity of the IT applications that theydirectly develop or maintain by shifting non
strategic yet essential IT applications to the
cloud. E.g Monthly payroll and reporting
system of a manufacturing company that does
not need same levels of server usage
throughout the month can be shifted to a third
party cloud and paid for on a per use basis.
Tiered architecture for cloud computing:
1.Software as a service (SaaS): SaaS is when avendor designs the application and hosts itso that users can access the applicationthrough a web browser over the internet.The vendor designs, hosts and maintains thesoftware application.
2.Platform as a service (PaaS): A level belowSaaS, PaaS is an externally managedapplication platform for building andoperating applications and services. PaaSenvironment supplies development andruntime frameworks to supportpresentation, business logic, data access,and communication capabilities.
3.Software infrastructure as a service :Software infrastructure as a service (SIaaS) isa stand-alone cloud service that provides aspecific application support capability, butnot the entire application software platformservice. SIaaS offers the liberty of developingapplications that have no dependencies oninternal infrastructure components.
4.Hardware Infrastructure as a service :Hardware infrastructure as a service (HIaaS)is a virtual or physical hardware resourceoffered as a service. HIaaS can beimplemented as a server virtualization, gridmodels and clustering technology.
- SiddheshJoshi & Amit Sharma
DoMS, IIT-Roorkee
Department of Management Studies, IIT Roorkee
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8/9/2019 DOMS IITRoorkee Magazine May
8/15Department of Management Studies, IIT Roorkee
Cloud Computing
The end user or the enterprise that uses
cloud computing system, interacts with the
cloud via a service interface and further details
of the cloud are immaterial to the end user. Theenterprise is charged on a per use basis that
could be measured by time for which the
service is used or bytes (payloads) that are
transferred , modified or consumed or by any
other agreement between the enterprise and
the cloud provider.
Broadly speaking cloud computing can be
implemented using following two models1. Public cloud business model :In this modellarge number of enterprises with varied needsshare the cloud infrastructure. Cloud vendorsincrease profits by maximizing utilization oresources, attracting and retainingas manycustomers as possible ,maintaining appropriateservice levels.
2. Private cloud business model : Privateclouds generally cater to a group of enterpriseswith almost same IT needs. A group of suchenterprises may be served better by privatebusiness model by implementing required levelof customisation.
Now lets look at the various advantages that
this IT provisioning model has
1. Optimal Use of resources for ITimplementation: The enterprise doesnt requireto own the entire IT setup. Non critical ITactivities are shifted to the cloud saving cost.
2. Tackling fluctuating and unpredictable loadpatterns: Cloud computing allows enterprisesto have additional infrastructure andcomputing power as and when required. Thisreduces cost of having excessive capacitiesthroughout the operating cycle. Theseresources are surrendered back when the loadreduces.3. Decoupling of strategic businessapplications and infrastructure needed to run it
leads to higher specialization in both thedomains.4. Reduced Risk : A start-up or a companyventuring into new Line of Business can dilutethe risk of failure in IT applications by usingcloud computing.5. Reduced time to respond to IT needs of aorganisation.
Find the business application of virtualization and cloud computing in the
coming issues along with other contemporarytechnology updates.
Contd..
5
8/9/2019 DOMS IITRoorkee Magazine May
9/15Department of Management Studies, IIT Roorkee
Vivek Bhatnagar,
B.E. (Metallurgy), Batch of 1998, IIT Roorkee.
After passing from IIT Roorkee he joined Telco in Pune and worked there for 2 years. Thereafter, he
did his MBA from US in 2002. During his MBA he was pretty much aware that he has to join some
company in the field of management consulting. He worked in various management consulting
companies till 2006. For past 3 years, he has been working as the Business Development Manager for
YAHOO(US).
Elite-Talks
Management Consulting
Management consulting indicates both theindustry of, and the practice of, helpingorganizations improve their performance,primarily through the analysis of existingbusiness problems and development of plans for
improvement.
Organizations hire the services omanagement consultants for a number oreasons, including gaining external (andpresumably objective) advice and access to theconsultants' specialized expertise.
Because of their exposure to and relationshipswith numerous organizations, consulting firmsare also said to be aware of industry "best
practices", although the transferability of suchpractices from one organization to another maybe limited or problematic.
Consultancies may also provideorganizational change management assistance,development of coaching skills, technologyimplementation, strategy development, oroperational improvement services. Managementconsultants generally bring their own,proprietary methodologies or frameworks to
guide the identification of problems, and toserve as the basis for recommendations for moreeffective or efficient ways of performing businesstasks.
Approaches to Management consulting:
1. Strategic Consulting: In this type, consultingcompanies only have to give solution to existingbusiness problem. This one is also calledprescriptive approach as a consulting firm acts asan expert and prescribes the way to solutionrather than implementing them. Examplesinclude Mckinsey, Bain, BCG, ATKearney, Booz& Co.
2. Operational Consulting: These types ofcompanies also get into implementing thesolutions suggested to the client. Examplesinclude Deloitte, KPMG, Accenture, IBMconsulting.
Many consulting firms are organized in amatrix structure, where one 'axis' describes abusiness function or type of consulting: forexample, strategy, operations, technology,executive leadership, process improvement,talent management, sales, etc. The second axis isan industry focus: for example, oil and gas, retail,automotive. Together, these form a matrix, withconsultants occupying one or more 'cells' in thematrix. For example, one consultant may
specialize in operations for the retail industry,and another may focus on process improvementin the downstream oil and gas industry.
6
8/9/2019 DOMS IITRoorkee Magazine May
10/15Department of Management Studies, IIT Roorkee
Management Consulting
Current state of Industry:
1. Currently, there are four main types oconsulting firms:
2. Large, diversified organizations that offer arange of services, including informationtechnology consulting, in addition to a strategyconsulting practice (e.g. Accenture, ABeamConsulting, Capgemini, Deloitte, IBM).
3. Medium-sized information technologyconsultancies, that blend boutique style withsome of the same services and technologiesbigger players offer their clients.
4. Management and strategic consultingspecialists that offer primarily StrategyConsulting and Business Intelligence Models toany industries (e.g. Bain & Company, Booz &Company, McKinsey & Company, Arthur D.Little and The Boston Consulting Group).
5. Boutique firms, often quite small, which havefocused areas of consulting expertise in specificindustries, functional areas or technologies.
A fifth type that is emerging is the sourcingadvisory firm, that advise buyers on sourcingchoices related to insourcing, outsourcing,
vendor selection, and contract negotiations. Thetop 10 sourcing advisors (as ranked by the BlackBook of Outsourcing) were TPI, Gartner,Hackett Group, Everest Group, PwC, Avasant,PA Consulting, and EquaTerra.
Skills Required:To be good in the field of management
consulting one should possess skills likeintegrative, analytical, problem solving andcommunication skills. And a good
communicator means the one who can influencethe other person and create an impact by histalks. Apart from this, case studies provide thebest learning method to an individual new tothis industry. One must be able to talk a lotabout general topics but then, one should focuson at least one core area. Aspirant should be ableto bring back the interviewer to your comfortzone where you should be the master. Its allabout learning the trades of a particular industry
in a very short time interval.
Contd..
7
8/9/2019 DOMS IITRoorkee Magazine May
11/15Department of Management Studies, IIT Roorkee
Management Consulting
Queries dealt by the Speaker
Q: As students what should we do to get the job in a top consulting firm?
A: At this juncture, work over your soft skills and try to be in touch with your dream companysomehow and try to learn about it more and more.
Q: Can the skills for a career in management consulting be developed or are they in built?
A: These skills can be developed over a period of time but before that a person should be verywell convinced that he has to go in management consulting and he should develop a taste for it.
Q: Is it easy to switch from operational consulting to strategic consulting?A: Yes but depends. During the early years, you might like to switch as you are exploring youroptions. But after working for 10 years in a particular industry, it might not be a good idea toswitch from operational to consulting.
Q: Is an MBA necessary for career in management consulting?
A: No. But doing an MBA does help in terms of gaining an overall knowledge of businessfunctions and the kind of problems a firm faces while operating in business environment.
Q: How different is the job of a Management Consultant to that of an Investment Banker?
A: They are both same in terms of time at the job and the money they offer. Rest all is different.Q: Before recession came, students used to go to US while taking good amount of loan. But Afterrecession students are finding it tough to get a decent job that can also fund their loan. As aresult fewer students are going to US now. In this downturn, are the foreign B-Schools willing tocut the fees they take?
A:As of now, I dont see any major reduction in the fees as that will result in dilution of brandimage. But in future, US B-schools might not increase their fees for a long time as they have a lotof funds.
Contd..
8
8/9/2019 DOMS IITRoorkee Magazine May
12/15Department of Management Studies, IIT Roorkee
-Annual DOMS Alumni-Meet
Been there and experienced it!!April 18th 2010, Emotions were high at DOMS
as present batch of 2011 along with mentoringbatch of 2010 geared to make Domsonians-Forever feel well comforted and taken careback at home. Regalia-2010 rocked, struck theright chords in everyDomsonians heart.
Phoenix of memories reborn from the ashesand flew all round the campus. Regalia gave achance to the previous batches to relive theirmemories, while being back again. As alumnishared their moments of joy with the hostingbatches they made sure that along with it theyguided all of us on how to get the best out of the
place in terms of education, learning, experience,fun & freeDOM; as well as how have theyplanned to give their best to all the batches puttogether along with currently nurtured batch; byputting a system to facilitate mutual help andguidance all the time.
Function was graced by faculty of DOMS whojoined in and interacted with the alumni; sharingwith them how things have transformed over theyears and what all is upcoming in years to come
by.Host batches put their best effort to make
their alumni feel back at home; well entertainedtoo with performances that now would be part othe memorable moments embedded into thehearts of ones who witnessed.
Performances included two danceerformances; couple of melodies, and few by
invited batches, alongside one funny skitRegalia Ke Sholay.
As the single soul of Domsonian lives in allthe hearts present and also those whosepresence we missed in Regalia-2010 we lookforward to meet all of them in times to come .
These were few comments shared:Graffiti:
Work Smart, Party Hard, Sleep tight RahulCahudhary
Good show boys and girls, specially 2011, gr8to back SAM 2009
Great Hospitality, nice dance & skit. Keep itup & best ofluck Himanshu Khare 2009
Great Show, All the best for the future,We are and would always be there Keeprocking, keep calling Regalia Rocks, Niceorganized well executed function, all the bestfor placements
- Neha, Manish, Sachin, Trushin, RudranilBatches of 2008 & 2009 , Dhiraj 2007
Overwhelmed by the enthusiasm shown,may it persist for whole of your life MaheshBansal Batch of 1999-2001
We cherish every moment you shared with us,and promise to keep giving better all our lives andmaking DOMS proud.
-Animesh Agrawal (2009-2011
DoMS, IIT-Roorkee
9
Name Batch
Mahesh Bansal 2001
Sumit Kapoor 2002
Mahati M 2003
Praveen Bansal 2005
Pragya Agrawal 2005
Shweta 2005
Rahul Chaudhry 2006
Name Batch
Vipul Gupta 2008
Nisha Maurya 2008
Sachin Dhawan 2008
Rudranil 2009
Samarth Narayan 2009
Trushin Barai 2009
Abhishek Saha 2009
Gaurav Purohit 2009
We thank you for your presence:
Name Batch
Anuj 2009
Himanshu 2009
Devesh 2009
Bharat V 2006
Karthik Karanam 2008
Neha Lohra 2008
Karthik A 2008
Dhiraj 2009
8/9/2019 DOMS IITRoorkee Magazine May
13/15
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8/9/2019 DOMS IITRoorkee Magazine May
14/15Department of Management Studies, IIT Roorkee
1. Paul S. Otellini is the CEO of which famous company?
2. Which motor company gets its name from a certain Zorastrian God?
3. What is the company that Coke bought and later sold to Sony in 1982?
4. Fill in the statement with a brand 'Come to where the flavor is...cometo _______ Country'
5. In 1949, a young entrepreneur, K. M. Mammen Mappillai, opened asmall toy balloon manufacturing unit in a shed at Tiruvottiyur, Madras(now Chennai). Although the factory was just a small shed without anymachines, a variety of products, ranging from balloons and squeakingtoys to industrial gloves and contraceptives, were produced. Whichmulti-billion dollar company had such a humble beginning?
6. His first product was soap. In order to sell the soap, he offered free
baking powder. The baking powder became more popular than thesoap so he switched to that. To help sell his baking powder, he beganoffering something else for free. Well, that became even more popularthen and today he leads in the production of that particular product.Who are we talking about and what product?
Winners of Qutopia 3: Vamsi Somesh, Piyush Agrawal, S.Hardekar
-J. Arjun & Mayur Gurjar
DoMS, IIT-Roorkee
Its Exquizite, Kills your Quriosity and adds to your Quizdom. Need we say more? Qutopia A
Utopia of the best Biz Quiz Tidbits to wreck your brains! Mail in your answers to
[email protected]. The winner will have their names published in the next issue. Answers in
the next issue ofDoMination.
The Answers of Qutopia-3 were:Which was the first company formedto manufacture motor cars?A: DaimlerWhich vehicle took its name from thefact that it was made to be used forgeneral purposes?
A: Jeep (GP)Which car is featured in the filmBack to the Future?A: De Lorean
Excluding India name 2 othercountries that use the rupee ascurrency.A: India, Mauritius, Nepal, Pakistan,Seychelles and Sri Lanka.Which company's name is short forDurability, Reliability and
excellence?A: Durex
Look for winners in next edition
16
8/9/2019 DOMS IITRoorkee Magazine May
15/15
Comments / Feedback Mail to: [email protected]
Tel: 01332-285014, 285617, Fax: 01332-285565
Do Visit: http://www.iitr.ac.in/departments/DM/pages/Index.html
Department of Management Studies,
Indian Institute of Technology Roorkee,Roorkee Uttarakhand-247667
The Team:Editor:
Animesh Agrawal
Sub-Editors:Akanksha Tikku
Himanshu MishraPrashant Nath Endley
Rama PruthiSiddharth Srivastava
Varun GoelSushant Sharma
Design Team:Animesh Agrawal
Arushi
Contributors:J.Arjun & Mayur GujjarAffan Alavi
Animesh AgrawalSiddhesh Joshi & Amit Sharma
Varun Chandra
Animesh Agrawal: