Nexus 2012 Aug (Vol 3)

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    DEPARTMENT OF MANAGEMENT SCIENCES, UNIVERSITY OF PUNE (PUMBA) Page 1

    CCC OOO NNN TTT EEE NNN TTT SSS

    Cover Story ____________________________________________04

    Social Talk _____________________________________________07

    Did You Know? __________________________________________10

    Brand Talk _____________________________________________12

    Sports Talk _____________________________________________14

    Management Funda ______________________________________16

    Operations World ________________________________________20

    HR Perspective __________________________________________23

    Addiction ______________________________________________25

    PUMBA MIRROR _________________________________________27

    Acknowledgement _______________________________________38

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    DEPARTMENT OF MANAGEMENT SCIENCES, UNIVERSITY OF PUNE (PUMBA) Page 2

    EEE DDD III TTT OOO R R R SSS NNN OOO TTT EEE

    Hello friends, it feels good to bring out the August Edition of Nexus the

    Newsletter of Department of Management Sciences, University of Pune (PUMBA),one of the finest B-Schools of our Country.

    This time we have tried to cover some issues which are important for us

    both as a budding Manager and also as a Citizen of India. We have also included

    a brief summary of all the events conducted in the college during previous

    Trimester. We hope that you would like this edition of Nexus.

    We would like to thank our HOD Dr. Capt. C.M. Chitale Sir for giving us an

    opportunity to bring out Nexus.

    We would also thank our faculty Coordinator Dr. Prafulla Pawar Sir for

    giving us his invaluable feedback from time to time.

    I sincerely thank all my colleagues at Communication Cell and our

    Co-ordinator Mr. Sandip Dole for giving me this responsibility and supporting

    me.

    Thus, on behalf of Communication Cell, I present to all the August Edition

    of Nexus.

    Best Regards,

    Suyash S. Jain

    Editor, Nexus

    Communication Cell

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    CCC OOO OOO R R R DDD III NNN AAA TTT OOO R R R SSS MMM EEE SSS SSS AAA GGG EEE

    I have been thinking about it for quite some time now, why is it so

    difficult for people to understand simple fact that nobody but they themselvesare responsible for growth in their career.

    In MBA, people expect professors to teach us and then we learn and

    understand (its perfectly fine as we pay fees for it) but when you are doing Post

    Graduation then our professors expect us to go one step ahead, explore the

    topic and read on it further which most of us do not do.

    Now this is very basic thing and everyone understands it. But I think they

    do not realize it as there is no money attached to this extra learning and

    nowadays we dont understand anything if money is not involved in it.

    People, I just want to tell you if you would have worked for 2 years

    instead of doing MBA then minimum 3 Lac per annum would have been your

    salary. So going by that calculation, 6 Lac would have been your earning at the

    end of 2 years. So I think this is the money that we are paying for this

    opportunity. So to ripe maximum out of these two years, we should put some

    extra efforts to gain some knowledge.

    I want to thank all the people who had put in their efforts in publishing

    this edition of NEXUS and looking forward for their support to make NEXUS

    better and better.

    Sandip Dole

    Coordinator,

    Communication Cell

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    DEPARTMENT OF MANAGEMENT SCIENCES, UNIVERSITY OF PUNE (PUMBA) Page 4

    CCCOOO VVVEEE R R R SSS TTT OOO R R R YYY

    S OCIAL N ETWORKING : USE , M ISUSE AND

    ABUSE

    While, I was thinking about a topic which could be published as a cover

    story for our college magazine, I was not able to think of a unique idea. Right

    from the great fall of rupee to the recent competition between Times and

    Outlook to declare the winner o f the most coveted title of this century THE

    UNDERACHIEVER different ideas came to my mind; but I kept on rejecting all

    these ideas in order to write something genuinely Original. Normally a premier

    B school magazine cover story should either be related to Marketing, Finance,

    Economics or some recent happenings because this is what we learn in a

    management college; but it sounded to clichd to work on it. I switched on the

    TV to find nothing interesting. The News channels as usual were trying too hard

    to entertain people. The same story about president polls, economic crisis were

    going on. One of the news channel also showed a story like are we back to 1991

    crisis? The way these stories were shown reminded me of a Ram Gopal Vermafilm without loud background music.

    I kept on changing the channels and settled on a channel showing

    advertisements and analyzed them. I was quite happy on myself because I could

    analyze that commercial despite almost a two month long break from IMC

    lectures. Suddenly, I got a c all from one of my old friend. How are you? You are

    not even online on facebook nowadays, where are you? I couldnt control my

    laughter; I just knew that he had uploaded something new. I ended up my calland logged into my facebook account. I went through my timeline liked few

    status, photos including that of my friend who had called me. I went online and

    found around 80 friends online, I chatted with few friends, checked notifications

    and logged out of facebook and logged into twitter. In this way I wasted almost

    4 hours of my life. And then I got the idea for the cover story. Social

    Networking: Use, Misuse and Abuse.

    I was delighted. In my 5 year long affair with many social networking sites(excluding the innocent orkut days) I had seen many incidences happening

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    DEPARTMENT OF MANAGEMENT SCIENCES, UNIVERSITY OF PUNE (PUMBA) Page 6

    Many wannabes are using these sites as a tool for free publicity. A model

    posting nude pictures post a final of a sport event on a social networking site of

    which children from the age group 13 onwards are part of and national media

    making it a front page story definitely wont take this country anywhere. A video

    of a politician, banned by Supreme Court to be telecasted on National channel

    find its way on Facebook. The social media and its stakeholders have crossed all

    limits and have now even challenged the supremacy of our judiciary.

    To add to this trolls and spammers have crossed all the limits. The

    abusive language used by them in the name of nationalism is a huge blot on our

    culture. The amount of negativity on social networking sites is increasing day by

    day. A last ball six wont gain praise to the batsman but will definitely lead to

    bashing and abusing of the bowler and his whole clan.

    The amount of time spent on these sites by youngsters of our tech-savvy

    generation is shocking. This is going to be harmful in our overall development as

    well as our health. Many researchers have suggested that too much of these

    sites can harm a pers ons health and can even cause depression and various

    other disorders.

    We all come forward to oppose Mr. Kapil Sibal when he asks to put a

    censorship on Social Media but we dont see the logic behind it. We want

    complete independence and we quote our constitution saying that we have

    freedom of speech. We think that without these networking sites we wont be

    successful. Someone not on facebook is like a Sin. Didnt our parents and elders

    grow up without all these stuff? Are they less successful? I am totally for the use

    of all these networking sites and dont say that we should stop using them but

    we should use them with some constraints and definitely not Misuse them!! Iwould stop here but just give a thought to this!!!

    Suyash S. Jain MBA ++ Marketing

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    SSS ooo ccc iii aaa lll TTT aaa lll kkk :::

    W ATER MANAGEMENT : N EED OF THE H OUR

    Water, one of the basic five elements of the universe, is getting precious

    day by day and a day will come, not far from today, when it would be treated as

    national wealth and the country having abundant water resources will rule the

    world. We all know that the next war fought would be definitely for water. Water

    management, thus has become an important aspect in development of a nation.

    It is a crucial challenge for developing as well as developed nations.

    Pune is known for its water management ability since Chhatrapati ShivajiMaharajs Era. The city is blessed with two rivers mula and mutha along with

    many small and big lakes. During the peshwa Era, when pune was at the peak of

    prosperity, peshwas introduced a closed pipeline system in the city. In this

    system water was stored and supplied from katraj Lake to the whole city. We

    still find these ancient pipelines during the excavations.

    But the tremendous growth of the city as well as the increase in pollution

    has created hurdles in this management. Water of Mutha River is used fordomestic purposes and is supplied through khadakwasla reservoir supplemented

    by water stored in 3 big dams, panshet, warasgaon and temghar. Katraj Lake

    and panshet dam take care of ground water level for the city. All this is planned

    and managed by Irrigation department. This planning was done in the 1960s

    decade keeping in mind the growth of the city for next few years. But as the city

    expanded in all directions, Puneites started facing water shortage and other

    problems related to water supply.

    There are 6 purification plants through which water is supplied to the city.

    As per the statistics, about 135 to 150 litres of water is consumed by each

    individual per day and with the population of 35 lakhs, around 8 TMC water is

    totally consumed by the city per day. The irrigation department has earmarked

    11.5 TMC water per day for the city. If we follow the statistics, we should not

    face any water crisis in the city. The PMC officials mainly blame the leakages of

    30% to 40% in transportation and distribution as the main cause of this water

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    crisis. Water theft is also a serious problem faced by the department. Another

    important cause of this

    crisis is the manual operation of water distribution. It leads to uneven

    distribution of water due to political pressures and lack of check on thedistribution. Implementation of water meters may overcome this problem.

    Though the bill for the same has been passed in the state assembly the

    implementation has failed at the grass root levels.

    World Water Day 2012 was celebrated on 22 nd March. The campaign with

    the theme - Water and food security, tried to create awareness amongst one

    and all, regarding Food Wastage being the lesser known culprit for Water

    wastage. We are oblivious towards the fact that, 90% of the total waterconsumption goes into producing food, whether its 1.5 litres of water that goes

    into producing 1kg of wheat food, or a whopping 15 litres that goes into cooking

    a kg of beef. Yet alone, we pay little heed towards incorporating few corrective

    actions in our routine life.

    We feel helpless while seeing huge amount of wastage of water. What an

    irony it is, when the water trucks waste lots of the precious natural resource,

    while aiming to supply it! We humans are masters of hypocrisy, making it

    evident by merely discussing topics like Dualism in Water Costs on one hand,

    to buy a bottle of water priced at Rs.15 for 500ml, on the other. Le ts not just

    narrate heart-wrenching stories of water shortages, while doing nothing to tackle

    it.

    As students or professionals, we can do our bit by not only creating

    awareness but also by incorporating simple measures. It could be insisting upon

    rainwater harvesting, or by avoiding wastage. It could even be done by

    consuming less water-intensive products. It could be done by encouraging

    Water entrepreneurs, or by effectively treating the waste water that pollutes

    our rivers. Solutions are many, hands are many, but water is scarce. After all,

    drop by drop we make a river!! Lets give it a thought when we knowingly or

    unknowingly waste water by celebrating Holi or while procrastinating to get the

    leaking tap repaired!!

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    Lets make this world a place with abundant water for every self, by

    starting with our own self to save water and nurture Mother Earth!!

    Smrutee Sathaye MBA ++ Finance

    Shailaja Khadilkar MBA ++ Marketing

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    DDD iiiddd yyy ooo uuu kkk nnn ooo www ??? ???

    TEA VEDA

    The Tata Group is perhaps one of the most famous and respectedcompanies. It has ventured into so many businesses-namely, automobile,

    finance, beverages and so on. Tata Motors has lately been in the limelight after

    taking Jaguar and Land Rover under its wings and being the fifth largest profit

    maker in India.

    Having said that, what would one think Tata Tea is famous for? No points

    for guessing. It is their mass market brand and Jaago -Re campaign. Tata Tea

    (a product of Tata Global Beverages) has provided consumers, mainly the middleclass, with good quality tea at an affordable price.

    Now, the worlds 2 nd largest tea branded company, Tata Global Beverages,

    has launched Tea Veda in the super premium tea market which promises to

    give tough competition to dominant players like Typhoo owned by the Apeejay-

    Surrendra Group. With tea priced at a whopping Rs. 7000 per kg (Rs. 350/50

    gm.), it wouldnt be hard to guess where one can buy Tea Veda. Perhaps, a high

    end boutique food store, modern trade store (Read: Hypercity, Dorabjee,Foodhall). The company has launched Tea Veda in six variants-three single

    origin (Darjeeling, Assam and Nilgiris) and three spiced variants (cardamom,

    masala and ginger). Tea Veda can also be a gifting option.

    Vikram Grover, VP-Marketing at Tata Global Beverages (TGB), believes

    that Tata Tea finds high resonance among affluent consumers because of its

    quality credentials, and that Tea Veda will leverage this equity through unique

    offerings that will stand out in the market. Harish Bijoor, CEO at Harish Bijoor

    Consultants says, With Tatas brand equity, Tea Veda will definitely occupy a

    high ground. And with the rising trend of gifting teas in India, Tea Veda can also

    be an attractive gifting option.

    A huge manifestation of globalization is that an average Indian has

    become aware of brands, cultures, that he was oblivious to. Also, Indian

    consumers disposable income is rising steadily. They do not mind shelling out a

    few extra bucks on lifestyle products, especially when it comes from a

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    trustworthy source. It is interesting to see that Tatas operate in the high-end

    hospitality business under different banners, namely Taj and Vivanta, and in the

    automobile business with Jaguar and Land Rover. But this time, with Tea Veda,

    Tata has chosen to keep its name instead of using Tetley. There have to be

    some reasons behind taking this step. Tatas brand equity in India is

    tremendously high. At this point in time, this equity can be a huge advantage

    while introducing a product in the super-premium segment. Consumers might

    try an expensive product like Tea Veda, knowing that it has come from the Tata

    group. Also with hardly any competitors in this tea market, introducing Tea Veda

    seems to be an excellent idea.

    All in all, I believe that Tatas have again reinforced their foothold when it

    comes to catering consumers with big pockets and a refined taste. It will be

    worthwhile to watch how it fares in the market down the line. All this writing has

    made me crave for a hot cup of tea, Tea anyone

    Preeta Chitre MBA++ Marketing

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    BBB rrr aaa nnn ddd ttt aaa lllkkk :::

    ANDROID W AVE D ESTROYED B RAND N OKIA

    As time changes people change and so do their cell phones. Thats exactly

    what has happened with Nokia. Nokia has gone down from being a superhero to

    a zero thanks to its decision of not adopting the Android OS. It's hard to believe

    that just a few years ago; Nokia literally dominated the smart phone market.

    Fast forward to 2012, and we see that nokia currently holds 1 percent share in

    the smart phone market. Nokia has suffered a loss of a whopping 523 million in

    the 2 nd quarter of 2011. Its overall revenue has come down by 7% from 10

    billion euro to 9.3. Nokia is now behind Iphone in its overall sales figure and has

    slipped to the 2nd spot!!

    In India, the world's second-biggest mobile phone market, with more than

    900 million subscribers, Nokia's market share has halved in the three years to

    2011, when it sold 31% of the total 183 million handsets sold. While Nokia

    wants to maintain its product differentiation by having a well-functioning

    operating system and not one that, in real people's eyes, is simply a commodity,

    they have forgotten that peoples tastes are changing and so are their buying

    abilities.

    Android comes with a flavour of new, of something that is always updated

    with new, more powerful versions and its App Store boasts almost 4,50,000

    applications. The Apples App Store (iOS) has almost 6,00,000 applications.

    Windows phones on the other hand offer only 70,000 apps. With the App store

    hosting almost 70,000 apps, Windows Phone certainly has a lot of work todo.

    Not adopting android might have been the worst decision Nokia ever took.

    The Nokia- Microsoft partnership is taking a toll on Nokias ma rket share.

    Though Microsoft is working on launching Windows 8, which they

    predict to be a serious competitor to Android tablets, given the ease of

    using windows platform, the entire scene seems to be bleak as of now.

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    There are many factors which have brou ght down Nokias market

    share apart from not switching to Android, like easy to use product

    designs which don t even match those of top business phones or smart phones,

    no innovative features, Complete reliance on brand equity for a really long

    time, res ulting in Nokias shares reaching a 15 year low. Yet, Anssi Vanjoki now

    Nokia's head of mobile solutions believes that, Symbian and MeeGo are the best

    software for Nokias smartest devices and as such, theyve no plans to use any

    other software.

    Over the coming months, Nokia will be releasing the Nokia N8, the first

    Symbian phone from Nokia and the first MeeGo device this year. They believe it

    is going to surprise a lot of people with its power and speed, but again its ability

    to compete with Android is be ing doubted. Nokias CEO Stephen Elop still

    believes that they had noticed the problem, but didn't react in time and is

    still worried about Nokias survival in the changing telecommunication

    environment.

    Trying to maintain its unique differentiating factor, hesitating to undergo

    significant hardware changes and banking on the fact that many users want to

    use the same softwares that theyre using at home, office or on -the-go hasshown a Nokia quite a downfall. But lets hope that theyll catch -up the market

    again and maintain their Its Different status with the N8 phones!!

    Ruta Deo MBA++ Marketing

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    SSS ppp ooo rrr ttt sss TTT aaa lll kkk :::

    D RAVID - THE W ALL

    Known for his excellent defensive techniques in the worlds most admired

    sport Cricket, Rahul Dravid said bye to domestic and International cricket on

    9 th March 2012. After making a debut in 1996 against England in Test cricket

    and against Sri Lanka in ODI he went on playing and leading Indian team in

    various situations faced by it. Dravid also popularly known as The Wall was

    born in Indore on 11 th January 1973 in Maharashtrian family. His father worked

    in Kissan, a company known for producing jams and thus he earned the

    nickname Jammy from his teammates in his school. Dravid had brought what

    we call stability in cricket which was the most needed in Test matches which

    made him not-so-popular-guy amongst the viewers. He has been the most

    patient guy in Indian cricket for his long spending hours on the ground. He

    tested the patience of the bowlers to the limit they would get frustrated and

    would bowl more badly. His cover drives are the best ones in world and he could

    easily manage to get a boundary even when more than half of the team had

    been standing on the off side of the field. D ravid managed to get in peoples

    hearts through ODI matches when he showed off his aggressive side of batting

    and made the 2 nd fastest fifty. Despite having so many world records and fame

    and money Dravid has always been a humble person. He is the first non-

    Australian who has addressed the Bradman Oration. He has helped the Indian

    team in various roles as a captain, batman and also as a wicket-keeper. Even

    though he did not like wicket-keeping but still he put on the gloves and carried it

    off very well on the field. His wonderful performances at Adelaide and Kolkatacannot be forgotten.

    Dravids subtle nature and positive attitude is the reason behind his success

    and his growth in life. He has been an inspiration to many young cricketers and

    has aspired many of them to play for Indian team in Tests rather than lucrative

    IPL and T20 which does not need test the ability of a cricketer to the fullest.

    Dravids simplicity can also be seen in the brands endorsed by him though he

    has only a few of them as against o thers. Dravids dedication towards the game

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    can be seen as all bowlers fail to take his wicket even at the end of the day.

    Dravid has many records in his kitty some of them are as:

    Having taken the highest number of catches in Test cricket

    Having scored back to back centuries in World cup

    Having scored a century in all nations wherever Test matches are held

    Having scored more than 13,000 runs in Test cricket

    Dravid captained Rajasthan Royals in IPL 2012 and was successful in his

    batting as well as nurturing young talents like Ajinkya Rahane. His daily routineis to take his kids to school and doing other work as said by him in his

    retirement speech. Dravids retirement was as simple as him. Though he has

    retired from cricket but he will always remain in our hearts and his cover drives

    shall be remembered forever and I hope to see him in the commentators box

    very soon.

    Girish Choudhari MBA ++ Finance

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    MMM aaa nnn aaa ggg eee mmm eee nnn ttt FFF uuu nnn ddd aaa :::

    MANAGEMENT LESSONS FROM THE MAHABHARATA

    Background:

    War was fought for 18 days between the PANDAVAS and the KAURAVAS at

    KURUKSHETRA to decide the ruler of the kingdoms of Hastinapur and

    Indraprashta.

    Pandavas : Were in Exile for 13 years. They had no kingdom. They depended

    heavily on their friends and relatives for financial as well as political Support.

    Kauravas : Were in power for 13 years. Duryodhan( Eldest Kaurava) was a

    benevolent king. The Kauravas had wealth and power of Hastinapur as well as

    that of Indraprastha, the kingdom that the Pandvas had taken such labors to

    build and which had surpassed the Hastinapur of old in all degrees. Karna had

    gone on a nation-wide conquering on behalf of Duryodhana.

    War Logistics :

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    Kauravas : 11Akshouhini

    Pandavas : 7 Akshouhini

    1 Akshouhini = 21,870 chariots, 21,870 elephants, 65,610 horses and 109,350

    foot-soldiers (in a ratio of 1:1:3:5).

    Result:

    War Lasted: 18 Days resulting in a Win for the Pandavas.

    So the question remains HOW DID THE PANDAVAS WIN?

    And in the answer of the question lies the lessons of Management.

    1. Preparation:

    Kauravas : Karna went on a country-wide military mission, subdued the

    different kingdoms and acquired wealth. But it meant a loss in terms of both

    men and money and creation of new enemies.

    Pandavas : Though in exile they turned their attention to improve their

    weakness

    1. Arjuna set out on a mission to acquire Divyastras.

    2. Bhima met his brother Hanuman and got a blessing of enhanced strength.

    3. Yudhisthira acquired teachings from the various rishis, and also learnt the

    Game of Dice from Gandharava Chatrasena, lest he was challenged to yet

    another dice game. Its said that he had become undefeatable in Dice.

    Lesson 1: Work on your Weakness and turn it into your Strength.

    2. Allies:

    Kauravas : Centralized power system, greatest empire, But not many powerful

    allies, except from old relations from far off places like Gandhara(Shakuni),

    Sindhu(Jayadrath) and Kambodia(Camboja - Bhagadutt)

    Pandavas : No wealth. No power of their own. But powerful allies all over India.

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    1. Panchala through Marriage with Draupadi 2.Dwarka through marriage of

    Arjuna and Subhadra 3.Magadh through marriage of Shadeva and Vijaya

    4.Chedi through marriage of Nakula and Karenmayi 5.Matsya through marriage

    of Abhimanyu and Uttara 6.The Rakshasas through marriage of Bhima and

    Hidimba 7.The Nagas through marriage of Arjuna and Uloopi.

    Lesson 2: Make Powerful Allies.

    3. Leadership:

    Kauravas : Centralized leadership. One Head of Army at a time, who has

    supreme authority of 11 akshouhini of army. Bhishma, Drona, Karna, Shalya and

    Ashwatthama were the leaders after the death of the previous Head.

    Pandavas : Distributed leadership. Seven commanders for the seven divisions.(1

    man commands 1 akshouhini each). Commanders were as below ,

    1. Virat (King of Matsya) 2.Drupad (King of Panchala) 3.Sahadeva(King of

    Magadha) 4.Dhrshtaketu (King of Chedi) 5.Satyaki (Only warrior from Dwarka)

    6.Shikhandi (Prince of Panchala). 7. Bhima ( one of the Pandav )

    Dhrshtadymna Commander in Chief. Arjuna Supreme Commander. Krishna Arjunas charioteer and counselor.

    Lesson 3: Share your responsibilities. Decentralization of Power is

    important

    4. Team Spirit:

    Kauravas : No team spirit. They all fought their individual wars.

    1. Bhishma: For his Vow to protect the throne Hastinapur.

    2. Drona and Kripa : They owed allegiance to the throne.

    3. Shalya: Simply cheated by Duryodhana to be there. Was originally a Pandava

    Ally.

    4. Karna : To prove his mantle against Arjuna. Friendship for Duryodhana.

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    They didnt gel well with each other. Bhishma and Karna. Bhisma and Shakuni.

    Karna and Shakuni. Karna and Shalya. Shalya and Bhishma. It was like a bees,

    hornets and mosquitoes put together in a jar.

    Pandavas : One team. One Goal. As men, they all had huge respect for Krishnaand Yudhisthira. While as warriors they were in complete awe of Bhima and

    Arjuna. Most of them were close relatives cousins, brother-in-laws, father-in-

    laws. More than that they all were part of the decision-making process. It was

    their common war.

    Lesson 4: Teamwork succeeds where Individual effort fails.

    5. The Roots:

    Kauravas : Princes brought up in the comfort of the Royal Palace, matured on

    romanticized ideals of Power, Fame, Courage and Valor. No experience of ground

    reality.

    Pandavas:

    Spent the greater part of their li ves in Poverty.Childhood in the Himalayan

    foothills among Rishis.One year exile among the poor people of Kuru-Panchala.12 years of Vanvas and 1 year of Agyatvas.

    Experience of the ground reality. Contact with people from various strata of the

    society. Sannyasis (celibate monks),Acharis, poor Brahmanas, Potter.etc

    Different races of people.Rakshasas, Gandharavas, Apsaras, Nagas. People

    from different regions Uttarkuru, Bengal etc.

    A Sense of Sharing.A sense of Brotherhood.

    Lesson 5: Know ground realities. Know different ideologies. Share

    Aditya Zalte MBA ++ Finance

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    OOO ppp eee rrr aaa ttt iiiooo nnn sss WWW ooo rrr lll ddd The World of 3PL and 4PL

    Now-a- days companies outsource various functions from security to ITsupport. When it comes to logistics, whether it is inbound or outbound,

    outsourcing is done to companies known as third party logistics (3PL). A wide

    range of logisticalservices are offered by 3PL firm like project logistics,

    warehousing, packaging, inventory management and freight forwarding. About

    75 percent of fortune 500 companies have outsourced their entire supply chain

    function from raw material procurement to dispatchof finished product.

    Companies having suppliers across globe hire many 3PL firms for differentgeographical region to take advantage of low cost labor and raw material

    availability. This has made the logistics process more complex and companies

    are finding it difficult to operate as a single function is outsourced to different

    firms. Consultancy group Accenture came up with the idea of Fourth-party

    logistics(4PL), as the capability to manage such complex logistics network does

    not exit in single organization. A 4PL companies manages all the logistics

    function of the companies and act as a single point of contact to company. They

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    do not have their own assets for transportation but use the service of 3PL

    provider.

    Companies gain added advantage with 3PL and 4PL. They allow

    companies to focus on their core activities and outsource the rest. They get tostreamline their entire Operations. Not to mention, the competitive advantage

    they offer by their expertise. The idea was that 4PL could deliver innovative

    supply chain solutions through a combination of technology, resources,

    optimization, management and consultancy in a way that is asset neutral. 4PL

    takeover entire supply chain activities, which were earlier, managed by the

    sourcing company (such as the purchasing of transport and transport planning).

    When it comes to choose between outsourcing an activity and doing it in-house, it tends to be a volume related decision. At lower volumes one can get

    the benefits of the 3PL's scale economies as well as their expertise and skills. At

    higher volumes it tends to be more economic to do it by self as the 3PL is going

    to charge a margin over the price one could do it by self. The danger in any 3PL

    arrangement is that organization becomes hollowed out and it loses the skills

    and knowledge in the area it has subcontracted, and this makes it harder to

    bring in-house again.

    Alcatel one of the w orlds major player in the area of telecommunication

    has outsourced their complete supply chain management for Alcatel

    eND(ebusiness Networking Division) to UPS since July 2000. UPS act a sole point

    of contact between customer and supplier by managing all supply chain activities

    at strategic, tactical and operation level.Over the last two years, the average

    service levels have risen from 60% to over 90%. Total supply chain costs fell

    from 5.8% of Alcatel eNDs revenues to 5.1% at the end of last year.

    But what is the future of 4PL and why many Indian business groups are starting

    their own logistics companies? Suppose a factory looking to double its

    production capacity or wants to shift in some other geographic area within a

    country in order to take advantage of SEZ (special economic zones) and other

    tax benefits provided by State,it will need 600 to 800 customized transport

    vehicle which cannot be fulfilled by one 3PL provider and to manage this kind of

    complex process is very difficult for the companies. One such example is shiftingof Tata Nano plant from Singur (West Bengal) to Sanand (Gujrat). The key to

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    move up in the logistics value chain is the use of technology. Attractiveness to

    some of the key logistics sub segment is given below-

    And hence, with the Indian Companies involved in expansion processes across

    the globe and the hint of FDI in Retail sector in India {the retail sector being the

    largest segment employing 3PL and 4PL}, the future of 3PL and 4PL is bright

    indeed.

    Third party logistics market in India is about to boom. Many international

    logistics companies like DHL, UPS, Fedex and DB schenhker have entered in

    India. Sensing this opportunity many Indian conglomerates like the Tatas,

    Mahindras and TVS have started their own logistics ar m with many international

    tie-ups and acquisition.

    Manish Balwani MBA++ Operations

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    HHH R R R PPP eee rrr sss ppp eee ccc ttt iii vvv eee :::

    P ERCEPTION MANAGEMENT THE ARMY W AY !!

    We all know that perception is the process through which people select,

    organize and interpret or attach meaning to events happening in the

    environment. In army terms perception management is the action done to

    convey or deny selected information and indicators to foreign audiences to

    influence their emotions, motives and objective reasoning as well as to

    intelligence systems and leaders at all levels to influence official estimates,

    ultimately resulting in foreign behaviors and official actions favorable to the

    originators objectives.

    In this article, I would like to discuss few of the tools of perception

    management used in military operations. Media, psychological operations, civic

    action, effective public information, good governance, own actions or standards

    and overt or covert actions are few of the effective tools for perception

    management. Let us discuss them one by one briefly.

    One thing which we know about media is that it surely provides checksand balances in a democracy. In military operations two vital functions of media

    are to keep public informed and record history. Media represents public in

    military operation and is solely responsible for creating positive opinion which is

    crucial for operational success and reputation of the army. It is in the hands of

    media to create a good or bad image of the media.

    Civic action which is beneficial for everyone is another tool for perception

    management. Generally, woman- folk, students and neutrals which comprise of

    the majority are targeted. Locals are involved in few projects and also their

    needs are analyzed. People who are not opposing you irrespective of their

    support are helped and looked after. In this method the army acts as a

    facilitator.

    In effective public information system, people are kept informed and are

    assured about the motive of army to protect and help them. Promises are kept

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    and continuity of projects is ensured. Also army tries to take advantage of

    unpopular activities of insurgents.

    Own actions or standards are also important for perception management.

    Primarily, army tries to build up public image. They also observe rules of law andavoid collateral damages. They ensure fairness.

    Best perception management is done by good governance. It is a good

    way to create a positive atmosphere. Emails, SMSes, posters, leaflets are few of

    the other tools of perception management.

    Psychological operations are again important for perception management.

    Like during Afganistan war US always tried to maintain that Muslims in United

    States worship freely by also giving information about the 1200 mosques in USA.

    But in this type of operations achievements are invisible.

    I have tried to cover few tools for perception management used during

    military operations. But I am sure that it would be definitely of great help to

    every HR manager irrespective of whether he is working in an automobile

    company with thousands of blue collar workers around him or working with the

    IT professionals.

    Col. Ashish kumar Das MBA++ Human Resource

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    AAADDD DDD III CCC TTT III OOO NNN

    TT VVSS SS CC OO OO TT YY PP EE PP ++

    The commercial begins with a bright sunny day at the college campus. The

    girls are shown parking their Scooty Pep+ bikes. Here, TVS highlights its new

    launch that is the new Scooty Pep+. TVS has very skillfully highlighted the name

    Scooty pep+ inscr ibed on the bike and also the companys name TVS.

    The ones using the bikes are all college girls. Thus it is clear from this that

    the target market which TVS is focussing on for this new bike is the college

    going girls.

    At the beginning all the girls are wearing tops and jeans which normally

    are wore by the college going girls. However, later the girls are shown driving

    the scooty by wearing a saree and are also driving comfortably in sarees. This

    indicates that it is comfortable to drive a scooty even by wearing a saree. This

    indicates another target market i.e the typical Indian women who wear sarees.

    The girls are wearing the tops and sarees which have the same colour as

    that of their scooty.. Thus different colours of clothing are used to indicate the

    different colours in which the new bike is available. Also the different colour

    combinations available with the new scooty are shown by the colour

    combinations of the tops, jeans, sarees and also the nail paints.The different

    colours are also shown at the very beginning of the add when the girls are

    parking their bikes.

    Also the ease with which the girls drive the scooty all around in theircollege campus reflects the ease with which the new scooty pep+ can be driven.

    The turns they make while driving indicates that it is really smooth to handle the

    new moped.

    They have best described the attitude which the girls posses who drive

    the new Scooty pep+. The fun and happiness shown on their faces reflects that

    its a real fun to drive the new Scooty Pep+. Also keeping the social awareness

    in mind all the girls driving the bike are shown wearing the helmets.

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    Thus the overall add talks about the new launch of TVS targeted toward

    the young, notorious, fun loving college going girls and also towards the typical

    women wearing sarees and the add also speaks about the different colours in

    which the new product is available.

    Shreyas Nene MBA++ Marketing

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    PP UU MMBB AA MMII R R R R OO R R

    Summary of the Panel Discussion

    A seminar titled Industry Academia Partnership India - Finland

    Experiment" was organised on 15th March 2012 in Department of Management

    Sciences (PUMBA), University of Pune. The seminar consisted of two panel

    discussions by the eminent professionals of the corporate sector. We also had

    amongst us Prof. Seppo and Ms. Marja from HAMK University of Applied

    Sciences, Hamenlina, Finland. They looked forward for some exchange programs

    with the University.

    Dr. Capt. C.M. Chitale Professor & Head, Department of Management

    Sciences (PUMBA) highlighted the importance of the seminar and also gave a

    brief presentation about the University and Department.

    Panel Discussion I- " Industry Expectations from Budding Managers "

    A truly enriching discussion where certain significant aspects were brought

    forward took place.

    Mr. Vikas Shirodkar (V.P HR, General Motors)

    He emphasized on the fact that the to-be managers must have a cross functional

    and multi dimensional view of any given situation. He also said that initially the

    knowledge level is low but with experience, it goes on increasing. Experienced

    people should lead and guide them to attain the pre-determined objectives. He

    also said that if in case a problem arises we must reach to its root cause and

    approach it in a positive way.

    Mr. Nagesh Kumar (V.P HR, Bharat Forge)

    He stressed on the fact that certain important skills are required by the students

    that go beyond presentations and excel sheets. He strongly believed that today

    we need action leaders rather than managers. 'Attitude' of an individual plays an

    important role; one must understand the society and later should also contribute

    for the betterment of the society.

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    Mr. Parag Sawant (Dy. General Manager, Suzlon )

    He agreed with Mr. Nagesh Kumar on the point that people with leadership and

    entrepreneurial skills are the need of the hour; however budding managers

    should also be able to manage change efficiently. His advice was- Becomehunter for a new opportunity". Along with this he emphasised that domain skills

    and knowledge about the subject is essential for progress. He also gave stress

    on time management.

    Mr. Nilesh Sahastrabudhe (Entrepreneur)

    He contributed saying that willingness is important to achieve anything in life.

    We must realise our drawbacks and in competencies at one level, because it is

    this realisation that gives us a momentum to accelerate at higher level. The

    organisational hierarchy and work culture are to be understood. We must also be

    good learners with a strong foundation of value system.

    Mr. Suhas Ghatwai (Dy. General Manager IR, Thermax )

    Analysing the difficulties and understanding the manufacturing process in any

    organisation were other important points added to the discussion. He advised all

    to spend time with blue collar employees, as this enables us to be a better

    manager. An in depth study of labour legislations is required. Last but not the

    least, he quoted Be with people, live with people"

    Mr. Shrinivas Rairikar (Senior Director, MCCI )

    He, as a moderator gave importance to learning new things and put forth the

    concept of 3H- Hand, Head & Heart, further adding Health as another factor. He

    threw light upon the importance of meditation which gives the power of selfreflexion and improves our concentration. Finally achieving success which is

    sustaining in nature is important.

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    Panel Discussion II- "Expectations from Academia- Journey from

    Campus to Corporate"

    Mr. Seppo Niittymaki

    He is a professor at HAMK University of Applied Sciences, Hamenlina, Finland.

    He was the moderator for this discussion and also contributed his views on the

    topic. He elaborated on their education system where evaluation is

    predominantly on the basis of assignments and projects, so as to have a

    practical approach to the subject.

    Mr. Balaji Gopalan (Director India- China Relations Cararo India Ltd. )

    He highlighted upon 3 important aspects-

    Faculty - It must include people who have had exposure of the industry.

    Also people with good academic background are required in R&D and

    faculty must act as an intermediate between the students and the

    industry.

    Curriculum- It needs to be revised and updated from time to time. More of

    Indian case studies need to be imbibed, business ethics" as a subject can

    be included in the curriculum.

    Student's attitude - Students must focus on foundation and strengthen it.

    They must be able to ideate and conceptualise ". He added to it by saying

    that we need leaping frogs and also quoted "Small things and small steps

    lead to excellence; however excellence is not a small thing".

    Ms. Shailaja Khadilkar & Mr. Anuj Nagpal (Students of PUMBA )

    Shailaja pointed out that the recruitment process has to be improvised

    and candidates can be evaluated on a 10 day OJT program, frequent

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    industrial visits need to be planned and soft skills also need to be

    developed. She also focused on the dM curve tube theory which says that

    the corporate and the academia, across all sectors, are actually interacting

    from the two ends of a curved see through tube, consequently leading to

    minimal transparency in operations, needs and customization; thereby

    generating substantial talent-demand-supply gap across various sectors.

    Anuj also put forth the following points-

    Theory of Generation X (people born in 1964-79),

    Y(1979-94),Z(1994-today). The generation Z has learnt life onandroid, learnt various sports at a time, and are continuing to live

    differently. Industry will be facing problems managing these people

    when they enter in 2014.

    A common recruitment exam for IT companies.

    Customizing syllabus in relation to India

    Academic interface programmes.

    Clarity of the roles assigned.

    Mr. Rajendra Sabnis (Senior General Manager Corporate, HR &

    Admin. Poonawala Group)

    He gave a pre notion regarding the cultural shocks experienced in

    the industry, but also mentioned that having patience and a

    positive outlook would definitely help a lot. Thinking out of the

    box" is needed to have a competitive advantage. Being open-

    minded and keeping good relations with all is always beneficial.

    Kanchan Khadilkar MBA ++ Finance

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    Panel Discussion 1

    Panel Discussion 2

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    Summary of the Achievers 2012

    On April 7 th 2012, Department of Management Sciences, University of

    Pune {PUMBA} organized its annual event Achievers, when it felicitated

    stalwarts from different spheres of society.

    The Chief guest of the day was Mr. Achyut Godbole, the famous entrepreneur

    and author. He shared his experience and urged students to understand &

    explore what life is all about. He encouraged them to go beyond standards and

    to set new parameters. He mentioned about the utility of Business Process Re-engineering (BPRE) in todays fast changing world, and emphasized on need of

    understanding the prospects available for any business in form of Customer

    needs.

    The following guest of honor was Dr. Meeran Borwankar, Commissioner of

    Police, Pune. She explained to students about the LTA philosophy, which helps in

    Critical Thinking, along with value addition of C i.e collaboration, which is

    essential for Team-work.

    Ms. Madhuri Abhyankar, director of SOFOSH, was felicitated thereafter. She told

    the students about the need of care for the underprivileged, and of the various

    social stigmas still prevalent in modern society. She also mentioned about

    various programmes being run, and how youngsters can contribute towards

    society in active manner.

    The next achiever for the day was Padmashree Niranjan Pandya, who

    gave AAA -Mantra for becoming an achiever - Accept, Adjust, Achieve. He asked

    students not to get bothered by difficulties, and instead identify opportunity

    lying within each of them.

    The esteemed Visiting Faculty members- Mr. J. K. Oke and Mr. Anil Agashe- too

    shared their experiences, and motivated students to have an independent and

    thorough thinking. They told students not to be afraid of taking risks in life, and

    how to use all available resources to turn up as a successful entrepreneur.

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    Head-of-Department, Dr. Capt. C.M. Chitale concluded first session by sharing

    lessons of management from his real-life incidences, and explained how

    networking is an essential skill for a manager.

    In the concluding session, the guest of honor was Mr. Shivaji Satam, whoplays the role of ACP Pradyumna in famous TV show CID. When asked about

    how to have satisfactory balance between personal and professional life, he told

    students to have clear priorities in life, and to have empathy rather than

    sympathy for others while enjoying every bit of the work.

    He urged students to realize importance of staying connected to the roots, and

    to have pride for whatever back-ground they belong to and whichever work they

    do in life.

    It was a great learning experience for all the students, and each Achiever

    successfully kindled the flame of inspiration in their hearts to grow as someone

    like them in life. The event was organized by the Seminar Cell of PUMBA.

    Anuj Nagpal MBA++ Marketing

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    ADIOS AMIGOS

    F AREWELL TO SENIORS

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    WWW EEE TTT HHH AAA NNN KKK YYYOOO UUU ---

    COL. ASHISH KUMAR DAS

    SHRIKANT PATIL

    ADITYA ZALTE

    PREETA CHITRE

    SHREYAS NENE

    MANISH BALWANI

    SHAILAJA KHADILKAR

    SMRUTEE SATHAYE

    RUTA DEO

    GIRISH CHOUDHARI

    KANCHAN KHADILKAR

    ANUJ NAGPAL

    DEVENDRA SAPKALE

    For the continuous success of NEXUS, we hope to keep getting your

    valuable support, suggestions and feedback. Write to us at:

    [email protected]

    [email protected]

    Thanks & Best Regards,

    Communication Cell