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ABS E-Bulletin December-2019 Page 1
In This Issue
ABS volunteers for Lokmat Maha Marathon Season-3 ......................................................
Mahaparinirvan Diwas observed at ABS .............................................................................
ABS Students activity- Distribution of woolen clothes .......................................................
RYIY-2019-20 Stage 3 & 4 ....................................................................................................
An Interactive Session with Dr. Parag Kalkar-Dean, Commerce & Mgt., SPPU ............
Faculty Article .........................................................................................................................
Student Achievements ............................................................................................................
College News Published ..........................................................................................................
AshokaBusinessSchool Premier B-School in North Maharashtra December- 2019
ISO 9001:2015 Certified, Minority Institute
(Recognized by AICTE New Delhi, DTE Mumbai,
Government of Maharashtra &
Affiliated to SavitribaiPhule Pune University)
The e-Bulletin
ABS E-Bulletin December-2019 Page 2
Hon’ble Chairman Sir, Shri. Ashokji Katariya
Ashoka Education Foundation, Nashik To be a leader, it is necessary that the person is not only equipped with knowledge, but one
should be empowered with a strong character, motivation to face the odds and above all the
ability to find and pursue a vision for one's life. Ashoka aims to create an environment where
the students will develop themselves as an aware citizen but into a leader of Global
status.Ashoka is an initiative to revolutionize the educational environment by equipping the
students with information, mental and spiritual strength together with contemporary skills.
It also empowers theirPersonality with a vision.
A vision to be a contributor in making India a superpower by the year 2020.
Dr. D. M. Gujarathi
Director (Higher Education)
Ashoka Education Foundation
Dr. Wasudeo N. Bhende
Administrator
Ashoka Education Foundation
In-Charge Director
Dr. Vikas Gaundare
Ashoka Business School, Nashik
ABS E-Bulletin December-2019 Page 3
Date of Event: 1st
December, 2019
Participant: 23 Students as volunteers
Event Coordinator: Prof. Manisha Bhamre
23 students from ABS participated as volunteers in the Maha Marathon season 3, an initiative of the
Lokmat group. They were congratulated by Mr. B. B. Chandak and Mrs. Ruchira
Darda,Founder,Maha Marathon. They were also appreciated for their work during the Marathon.
The students along with the ABS coordinator, Prof. Manisha Bhamre were felicitated at the hands
of Mrs. Ruchira Darda, who was full of praise for the students and expressed her wish to have their
full support in any events conducted by the Lokmat group.
ABS believes that such participation in any extracurricular activities helps the students in their
holistic development which in turn develops the personalities of the students.
All the 23 volunteers very efficiently performed their duties and were appreciated by the runners
and organizers for a good job done.
Dr. D. M. Gujarathi, Director AEF and Dr. Vikas Gaundare, Director I/C of ABS encouraged the
students for their participation.
ABS volunteers for Lokmat Maha Marathon Season-3
ABS E-Bulletin December-2019 Page 4
Date of Event: 6th
December, 2019
Participant: Teaching, non-teaching staff & 1st
year Students
Venue: ABS Admin area
Event Coordinator: Mr. Ashwin Amrutkar
An assembly to pay homage to Bharat Ratna Dr. Babasaheb Ambedkar was organised on the
occasion of 63rd Mahaparinirvan Divas (Death Anniversary) of Dr. Ambekdar at Ashoka Business
School Library. The programme began by paying tribute, by offering a flower garland to the
photograph of Dr. Babasaheb Ambedkar. Dr. D. M. Gujarathi, Director, (HE), AEF, , Dr. Vikas
Gaundare, Director I/C, ABS and the professors of the college and non-teaching staff and students
were present on the occasion.
Mahaparinirvan Diwas observed at ABS
ABS E-Bulletin December-2019 Page 5
Date of Event: 18th
December, 2019
Event Coordinator: Prof. Manisha Bhamre
An initiative of collection and distribution of woolen clothes was taken up by the MBA students of
Ashoka Business School, as part of the Students activity. The MBA students took efforts to collect
used woolen clothes and blankets for the Adivasi students undergoing training at Shri Ramakrishna
ArogyaSansthan-VivekanandDhyan-Yog Kendra situated at Anjaneri ,Trimbakeshwar. On 18th
December, the clothes were handed over to Swami ShriKanthanandaji, President of Shri
Ramakrishna ArogyaSansthan , who along with the students distributed them to the students of the
Training Institute. All the students had a great interaction and spend some quality time together.
ABS students promised to visit and be a part of the activities carried on at the Centre.
The Students along with Prof. Manisha Bhamre, who heads the students activity cell, make an effort
to shoulder the responsibility towards Society in every small way possible.
Dr. D. M. Gujarathi, Director of AEF along with Dr. Vikas Gaundare, Director In-charge, ABS
extended their full support to the team.Swamiji was touched by the kind gesture and thanked the
students remarking that his heart was filled with bliss and praised the Institute for grooming the
students into excellent human beings instilling the value of being sociallyresponsible.
ABS Students activity- Distribution of woolen clothes
ABS E-Bulletin December-2019 Page 6
Date of Event: 22nd
December, 2019
Event-Campus In-charge: Dr. Vikas Gaundare
Coordinators: Dr. Sarita Dhawale, Mr. Lokesh Surana and
Ms. Pratima Bhalekar
Students Participated: 100 (On Zoom Call)
Stage 3 & 4 of RYIY 2019 was conducted at ABS. 100 contestants participated from various places
in and around Maharashtra. 3 Workstations were allocated for the conduction of Group Discussion
(Stage 3) and Group Dynamics (Stage 4). Contestants were enthusiastic while participating in
these events through digital platforms like zoom call. The external judges along with internal judges
and controllers worked in coordination to conduct these stages successfully.
RYIY-2019-20 Stage 3 & 4
ABS E-Bulletin December-2019 Page 7
Date of Event: 24th
December, 2019
Event Coordinator : Dr. Vikas Gaundare
Participants: 37 Principals/Professors of Commerce Colleges
in Nashik
Venue:ABS Seminar Hall
Dr. Parag Kalkar-Dean of Commerce and Management, SPPU was invited for Interactive Session
on Roadmap and problems before Faculty of Commerce under SPPU. The eminent personalities
shared the dias with him like-Dr. S. V. More-Ex-Dean, Dr. V. B. Gaikwad-Mgt. Council Member,
Dr. Mahesh Abale-Mgt. Council Member, Dr. Shinde and Dr. D. M. Gujarathi. Presentation of
Ashoka Business School and its activities was delivered at the start of the session. The problems
before the commerce faculty were put on for discussion by the delegates during the interaction. Dr.
Parag Kalkar made it very clear that new systems will be run as per the suggestions provided during
the session. He also discussed the roadmap in his mind to make the faculty of Commerce to meet
the requirements of industry and he assured to incorporate some good contemporary practices in
curriculum. The session was found fruitful as it was truly an interactive session rather than a mere
address by the Dean.
An Interactive Session with Dr. Parag Kalkar-Dean,
Commerce & Mgt., SPPU
ABS E-Bulletin December-2019 Page 8
Prof. Vaibhav Bhalerao
Assistant Professor
Ashoka Business School, Nashik
Disruptive Innovation
It has been rightly said that new things outdate the old ones. Disruptive innovation though a recent
terminology can be traced to distant past. Take the journey of plastic being used from natural
materials like shellac to chemically modified materials like cellulose, natural rubber to the modern
day materials like Bakelite, polyethylene etc which have disrupted the market for metals and are
finding wide applications in the market. Disruptive Innovation is an agent of change with respect to
business models, ideas, services and products that create waves of change in the market. A
disruptive change altogether helps in creating a new market with new competition, demand pattern
and a new methodology of usage.
In business theory, a disruptive innovation is an innovation that creates a new market and value
network and eventually disrupts an existing market and value network, displacing established
market-leading firms, products, and alliances.
Disruptive innovation as a terminology was first coined by the American scholar Clayton M.
Christensen and his co-workers beginning in 1995. Not all innovations will lead to disruption
though they may be revolutionary. The early launching of automobiles during the late 19th century
was not disruptive as it could not disturb the market for bullock carts and horse carriages. The
reason behind this was the exorbitant price of the vehicles. The transportation market was further
disrupted after the launching of the economical mass produced Ford Model T. Usually disruptions
are caused by start-up businesses instead of leading and established companies as the later are not
allowed by their environment to cause disruption in the market. Besides this scarcity of material,
sustainability issues, competitive pressure and risk associated may not allow the established
companies in causing disruptive innovations. Disruptions are a longer process but once deployed in
the market penetrates easily creating greater impact on the established markets.
Faculty Article
ABS E-Bulletin December-2019 Page 9
Across the world the launching of battery driven automobiles are in the process of disrupting the
market for fossil fuel driven automobiles. Currently there are significant numbers of technologies
which have emerged to be the disruptive forces. According to a KPMG report, cloud computing
and mobile
technology can be the major disruptive force which may enable innovation and new business idea
and models. Similarly Big data, Internet of things and 3D printing would be more common in a
tech-savvy world. Cyber security will continue to be a predominant technological challenge
haunting the technology leaders and the process of innovation. Globalisation will bring more a
diverse technological micro-innovation and revolution. Industry leaders will have to be
continuously ahead of their competitors through technological changes bringing value added
products and services to customers thereby monetizing new business models from disruptive
technologies.
ABS E-Bulletin December-2019 Page 10
H EA R T Y C O N G R A T S !
Y O U A R E A M A Z I N G !
W ITH B EST COM PLEM ENTS FR O M
AS HOKA B US INE S S SCHOOL
R A N E N A G A R N A S H IK
Z E E S H A N
Q U A Z I
M B A - I
A L A U K IK
K H A D S E
M B A - I
Selected for Savitribai Phule Pune
University Avishkar Competitionat
Zonal level
Student Achievements
ABS E-Bulletin December-2019 Page 11
NSE Investors Fair 2019 was organized by National Stock Exhange in collaboration with BIAP
(Board of Industry Institute Partnership) where they help individuals to improve their insight in
regards to basic financial knowledge. In the long stretch of December NSE group alongside trainers
from Nashik visited Educational institutes and took financial literacy program for the students.
Alongside the education program, trainer Ms.Pooja Kushare conducted competition based on basics
of investment where students were judged on the basis of Quiz competition and Easy Competition.
From Ashoka Business School Ms.Shrusti Jain and Mr.Mubashir Nadaf won the prize and got
congratulated with the hands of Mrs.Rehana D’Souza - Vice President NSE and Prof. S. G.
Badrinath - Finance Professor IIM Bengaluru. During the occasion Ashoka Business School
likewise got congratulated for the equivalent and faculty Ms.Pooja Kushare got the token of
adoration from them for aiding NSE and BIAP for her commitment in arriving at most extreme
foundations and individuals.
Student Achievements
ABS E-Bulletin December-2019 Page 12
27
th December, 2019
12th
December, 2019
College News Published in Newspaper
ABS E-Bulletin December-2019 Page 13
Editorial Committee Members
Dr. Vikas Gaundare
Prof. Manisha Bhamre
Prof. Vaibhav Bhalerao
Mr. Ashwin S. Amrutkar
