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Volume 8, Issue 1 6 August 2014 SAMPARK AN INSIDE VIEW OF THE NEW ACADEMIC BLOCK PIC COURTESY: RIJITA GHATAK 1 IMT GHAZIABAD Alumni Relationship Committee

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Page 1: Sampark Newsletter - Volume 8 Issue 1

Volume 8, Issue 1 6 August 2014

SAMPARK

AN INSIDE VIEW OF THE NEW ACADEMIC BLOCK PIC COURTESY: RIJITA GHATAK

!!!!

�1IMT GHAZIABADAlumni Relationship Committee

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Volume 8, Issue 1 6 August 2014

Table of Contents !WELCOMING  THE  NEW  BATCH  -­‐‑  Pg  3  

!IN  FOCUS  -­‐‑  ABHINAV  SHARMA  -­‐‑  Pg  4  

!TALKING  HAPPINESS  WITH  SUJATHA  V.  KUMAR  -­‐‑  Pg  6  

!DOWN  THE  MEMORY  LANE  WITH  PHANI  TEJ  ADIDAM  Pg  8  

!IMT  SMART  CAREER  PROGRAM  -­‐‑  Pg  10  

!ENTREPRENEURS  OF  IMT  -­‐‑  SHASHANK  SHEKHAR  -­‐‑  Pg  11  

                                                                                                     -­‐‑  DHARMIL  SHETH    -­‐‑  Pg  13  

                                                                                           

ALUMNI  IN  NEWS  -­‐‑  Pg  14  

!REMINISCING  IMT  LIFE  -­‐‑  VIDHU  SAGAR  -­‐‑  Pg  15  

!FMCG  SYMPOSIUM  -­‐‑  Pg  16  

!JUNIOR  ALUMNI  RELATIONSHIP  COMMITTEE  -­‐‑  INTRODUCTION  -­‐‑  Pg  18  !!!!!!!!!!!!!!!!!

�2IMT GHAZIABADAlumni Relationship Committee

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Volume 8, Issue 1 6 August 2014

!WELCOMING THE NEW BATCH

Like   every   year   the   foundation  module   for   PGDM   2014-­‐‑16   batch   started  with   a  fervour.  The  agenda  behind  the  foundation  module  was  to  give  insights  into  the  culture  of  IMT  to  the  newcomers  to  help  them  get  seVled  in  an  altogether  new  environment.  The  Foundation  module   focused  upon  video  sessions  on  motivation,   leadership  skills,   team  building  to  provide  a  strong  groundwork  for  the  budding  managers.  

As  aptly  said  by  Arthur  Ashe,  ”Start  where  you  are.  Use  what  you  have.  Do  what  you  can”,  the  foundation  module  2014  was  designed  to  create  a  breath  of  fresh  air  in  the  minds  of  new  IMTians  so  that  they  embark  upon  a  journey  which  will  be  a  life  changing  experience  for  them.  The  module  was  designed  in  such  a  way  to  provide  insights  to  the  students  about  the  evolution  of  business  post  independence,  professional  etiqueVes  and  numerous   group   activities   and   role   plays.   It   also   included   guest   lectures   delivered   by  prominent  people   in   the   industry,  Mr.  Manoj  Pant   (JNU)  on  Global  economic  Linkages  and  opportunities,  Mr.  Sanjeev  Malik  (MD  Blackrock  India),  Mr.  Ankur  Warikoo  (CEO  at  Groupon  India)  to  name  a  few.  

Apart  from  this,  a  complete  day  was  dedicated  to  the  Alumni  Interaction,  where  the  gracious  presence  of  our  esteemed  alumni  was  felt  by  the  upcoming  managers  of  the  new   batch.   To   name   a   few   –   Debashis   Das,   Rajeev   Karwal,   Manoj   kaushik,   Prabhat  Ummat,  Deepak  Sinha,  Ankur  Jain,  Chirag  Mehrotra,  Nishant  Singh,  Abhishek  Ghosh  ,  Toshaali   Ghosh   and   Sumit   Bhasin   enlightened   the   students  with   their   life   experiences  and  how  they  made  it  to  where  they  are  today.  The  module  concluded  with  a  ‘Yes  Plus’  Course  for  the  students  to  bring  about  an  aura  of  optimism,   benevolence,   zeal,   enthusiasm   prior   to   the   commencement   of   session   to  rejuvenate  them.    

!!

�3IMT GHAZIABADAlumni Relationship Committee

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IN FOCUS - ABHINAV SHARMA RETAIL MARKETING AND BRAND ACTIVATION MANAGER - ADIDAS GROUP !

On  19th  July,  Mr.  Abhinav  Sharma  visited  IMT  Ghaziabad  and  

conducted   a   workshop   on   Retail   Marketing,   as   part   of   the  

Knowledge  Konnect   initiative.  We  managed  to  catch  him  for  a  

quick  interview  which  is  as  follows  

!How  does  it  feel  coming  back  to  IMT?  

It  feels  great  to  be  back  in  campus,  albeit  on  the  other  side  of  the  line  !  Never  thought  that  five  short  years  after  leaving  the  

campus,  I'ʹd  be  back  sharing  experiences  with  the  next-­‐‑gen  managers.  Looking  back,  it  is  easy  to  see  the  role  that  the  years  I  spent  on  campus,  have  played  in  moulding  me.  I  owe  a  lot  to  my  alma  mater  and  to  two  of  the  most  enriching,  enjoyable  and  exciting  years  of  my  life.  

You  were  previously  associated  with  a  luxury  brand  Louis  VuiAon  and  now  you  are  working  with  a  sports  brand  Adidas?  How  different  have  the  two  assignments  been  in  terms  of  experience?  

I  feel  more  at  home  working  in  the  mass,  mid-­‐‑premium  brand  segment  where  most  of  the   action   is.   In   India   luxury   is   only   for   a   select   few.   The  reality   of   luxury   marketing   in   India   is   that   it   is   more   of  database   marketing   and   competition   is   not   local.   Lot   of  luxury   shopping   is   happening   in   Dubai,   Hong   Kong   and  people  can  buy  these  products  from  anywhere  in  the  world.  I   realised   that   the   scope   of   such   marketing   in   India   is  limited.   I   believe   that   luxury   brand   experience   should   be  owned  and  delivered.  When  brands  do  not  own  their  retail  experience,  it  becomes  a  big  challenge.  It  is  imperative  that  you  deliver  that  kind  of  exclusive  ambience  &  experience  to  the  shoppers  in  order  to  command  a  price  premium.  Due  to  certain  infrastructure  and  social  factors  it  will  take  few  years  to  implement  this  fully  in  India.    For  me,  it  was  a  conscious  call  to  get  back  into  mass  marketing  and  luckily  Adidas  happened  at  the  right  time.  Along  with  that,  being  a  sports  buff  has  made  this  stint  an  icing  on  the  cake.  

�4IMT GHAZIABADAlumni Relationship Committee

“I believe that luxury brand experience should be owned and delivered"

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Volume 8, Issue 1 6 August 2014

!Adidas   acquired   Reebok   a   few   years   back.   Reebok   has   its   own   set   of   loyal  customers   while   Adidas   has   its   own.   There   might   be   an   overlap   in   terms   of  marketing  strategy  or  target  audience.  How  does  Adidas  manage  this  challenge?  

There  is   liVle  overlap  as  of  now.  Adidas  bought  over  Reebok  a  while  back.  In  India,  the   operations   were   merged   a   liVle   later.   Adidas   is   positioned   internally   and  externally  as  a  sports  brand  where  the  focus  is  on  vertical  sports  say  cricket,  football,  basketball,   tennis,   golf   etc.   whereas   Reebok   has   moved   into   fitness.   There   is   an  overlap   in  generic   training  where  you  might  have   the   same   target   consumer  but  all  other   things  are  different.  Reebok  embodies  and  amplifies  all   forms  of  fitness  which  ranges  from  moderate  and  light  to  intense  ones  like  Cross-­‐‑fit    where  as  Adidas  is  all  about   sports   and   performance.   The   group   is   the   same,   but   different   brand   teams  manage  the  brands  separately.    

Although  you  have  worked  in  companies  which  might  be  the  dream  companies  of  many  of  our  students,  but  still  is  there  any  dream  company  where  you  would  like  to  work?  

I  eventually  want  to  work  for  Arsenal  Football  Club.  I  passionately  support  Arsenal  in  the  English  Premier  League.  Marketing  various  brands  is  more  or  less  the  same  at  the  end  of   the  day,  but  managing  a   football  club,  passionately  supported  by  millions  of  people  worldwide,  would  be  an  amazing  experience  altogether.  

One  last  question...What  will  be  the  deciding  factor  that  will  separate  IMT  students  from  the  rest  and  help  us  succeed?  

The  belief!  It  is  the  belief  carried  in  every  student  that  we  are  here  at  IMT  because  we  are   among   the   best.  We  wrote   the   same   exam   paper   and  we   have   gone   through   a  filtration  process  and  made  it  this  far  into  a  league  of  premier  institutes.  It’s  upon  us  IMTians  now  to  build  our  confidence  upon  this  platform  and  using  the  next  two  years  to  further  build  on  our  strengths.  

!

�5IMT GHAZIABADAlumni Relationship Committee

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TALKING HAPPINESS WITH SUJATHA V. KUMAR CATEGORY DIRECTOR - MARKETING AT COCA COLA INDIA

!On   the   sidelines   of   the   FMCG   symposium  held   on   2nd  August  we  had  the  opportunity  to  interview  Ms.  Sujatha  V.   Kumar   who   provided   wonderful   insights   on   the  FMCG  Industry  which  are  shared  below    

How   does   it   feel   being   associated   with   the   biggest  beverage  company  in  the  world  –  the  iconic  Coca  Cola?  

Absolutely  very  proud.    It’s  wonderful  when  you  work  in  a  company  where  you  love  the  brand  and  you  feel  happy  going  into  work  everyday  

What   is   that   unique   special   characteristic   about   the   FMCG   industry   that   you  have  remained  aAached  with  this  sector  throughout  your  professional  life?  

Well,   I   did   step   out   for   3   years   into   the   finance   industry   and   then   I   came   back.  Most  important  reason  for  me  to  stay  in  FMCG  industry  is  my  gradual  realization  that  this  is  my  love  and  this  is  my  core.  I  think  it’s  about  taking  products,  that  are  so   part   of   your   everyday   life   –   whether   it’s   a   soap,   whether   it’s   a   shampoo,  whether   it’s  a  drink  and   then  making   them  so  much  more,  making   them  have  a  bigger  role  to  play  in  your  life,   in  your  consumer’s  life.  For  example  Coke,  is  so  much  more  than  a  beverage  to  drink;   it   is   the   universal   icon   of   happiness,   it   brings  people   together   ,   it   brings   groups   together;   associates  with  music,   associates  with   youth;   that’s   the   beauty   of  working  in  this  industry.  

Coca  Cola  marketing  campaigns  have  always  been  distinctly  different,  like  the  happiness  campaign  during  the  New  Year  and  then  the  initiative  in  Middle  East  where  people  can  use  Coca  Cola  caps  to  call  back  home.  So  how  to  design  and  come  up  with  such  socially  relevant  campaigns  time  and  time  again  

We  pride  ourselves  for  this  reason.  I  think  the  point  is  that  we  always  strive  to  go  beyond  the  physical  benefit  of   the  product  which   is  why  that  will  always  be   the  core  for  us.  We  always  try  to  get  to  the  next  level  whether  it’s  social  or  whether  it’s  cultural.  So  for  that,  we  always  look  at  what  is  happening  in  the  world  around  us  and  how  can  our  brand  be  an  answer  to  the  changes.  So  it’s  never  a  force  fit.  It’s  

�6IMT GHAZIABADAlumni Relationship Committee

“We must believe in a happier tomorrow”

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the  universal  icon  of  happiness.  At  a  time  when  people  are  not  happy,  how  can  we  show  to  them  that  yes  there  are  a  lot  of  bad  things  happening  but  there  are  much  more   good   things   going   around   as   well   and   so   we   must   believe   in   a   happier  tomorrow.  So  we  try  to  look  at  optimism,  positivity  and  happiness.  

How  challenging  it  is  you  feel  to  market  products  in  India?  

India   is  actually  3  different   countries;  you  have   the   top  of   the  pyramid  which   is  like   the   population   of   Europe   in   terms   of   purchasing   power   and   refined   tastes.  Then  there  is  the  middle  which  is  very  much  like  Asia  and  then  you  have  the  huge  boVom  of   the  pyramid  which   is  similar   to  Africa.  This  section  has  high   levels  of  poverty   and   has   few   people   gradually   coming   out   of   it.   It’s   a   very   complex  market.   You   have   to   tailor   your   products   and   offerings   accordingly   to   spread  through  the  whole  gamut  of  the  population.  

Any  message  you  would  like  to  give  to  the  IMTians  especially  the  ones  who  are  intending  to  join  the  FMCG  sector?  

I   would   recommend   that   it   is   a   fabulous   sector   to   get   into.   It   requires   a   lot   of  passion,  ability  to  think  out  of  the  box  and  lots  of  hard  work.  There  are  so  many  different   subgroups   within   FMCG.   Thus   you   need   to   decide   what   product  category   you   would   like   to   get   into.   Start   from   field   level   sales,   build   into  marketing,  basically  do  the  whole  rigour  and  then  reach  the  top.  

!!!!!!!!!

�7IMT GHAZIABADAlumni Relationship Committee

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Down the Memory Lane with Phani Tej Adidam Director, Centre for International Business Initiatives - University of Nebraska !Mr. Phani Tej came down to IMT after 20 long years and we were lucky enough to speak with him on subjects ranging from customer engagement to the secrets of teaching!!Has  the  college  changed  a  lot  from  what  you  remember  of  it?  

The  college  has  changed  a  lot.  It’s  amazing  how  much  it  has  changed.  It’s  just  not  

me.  All  of  us  are  proud  of  what  has  happened  here.  And  we  are  so  happy  for  you  

people  like  you  who  are  now  receiving  world-­‐‑class  education  here.    

!How  has  your  experience  been  at  IMT?  

In  the  long  run  when  I  look  back,  I  realise  that  I  am  where  I  am  today  because  of  

IMT.  But   truly  from  an  instrumental  or   functional  perspective  I  had  a  good  time  

here.   I  was  very  active   in  a  couple  of  commiVees  —the  placements  commiVee  as  

well  as  the  admissions  commiVee  and  I  had  a  core  group  of  friends  that  kept  me  

going.  And   talking   about   academics,   it  was   a  mixed   bag.  We  had   some   adjunct  

faculty  members  who  came  from  the  corporate  world  and  taught  us  courses  that  

were  really  the  best.  Overall,  IMT  helped  me  become  more  confident  in  myself.  It  

helped  me    nurture  my  analytical  skills  and  decision  making  skills.  

!Could  you  throw  some  more  light  on  your  post  IMT  life?    

I   started  my  career  with  a   software  company  called  Mastek  where   I  used   to   sell  

software  to  brokers  in  Bombay  Stock  Exchange.  I  enjoyed  engaging  the  customer  

and  creating   the  whole  value  proposition.   I   took   it  as  a  challenge.  Eventually  an  

opportunity  opened  up  in  Singapore  and  I  went  there.  Then  I  spent  some  time  in  

Hong  Kong,  Frankfurt  and  then  I  got  into  academics  and  completed  my  PhD.  

!Did  you  ever  think  that  you  will  get  back  into  Academics?    

I  was  considered  a  black  sheep  in  my  family,  in  the  sense  that  all  of  my  family  is  

into  academics.  Each  one  of  them  is  a  PhD  from  somewhere  in  US  or  IIT.  Hence,  I  

developed  a  rebellious  streak  and  decided  that  I  will  never  join  academics.    

!

�8IMT GHAZIABADAlumni Relationship Committee

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!So,  what  is  it  exactly  that  you  made  you  join  Academics?    

!There’s   something   in   your   DNA   that   will   always   pull   you   back.   I   kept   geVing  

these  opportunities  of  joining  a  college,  which  nobody  else  was  geVing.    It  was  one  

of  the  those  serendipity  things,  as  you  may  call  it,  that  I  met  a  professor  of  Texas  

Tech   in   one   of   the   lectures   at  Copenhagen.   I  was   thoroughly   impressed   by   him  

and   his   presentation   on   Relationship  Marketing.   I   heard   that   term  Relationship  

Marketing   for   the   first   time   in  my   life.  His   lecture   influenced  me   so  much   and  

that’s   when   it   occurred   to   me   that   I   can   also   join   the   ecosystem   of   creating  

knowledge.  So  I  went  to  University  of  Texas  Tech  and  finished  my  PhD.  I  had  all  

intentions   of   joining   the   corporate   world   again   and   even   got   an   offer   from  

Accenture   to   head   their   division   in  Manila.   But   I   was   offered   a   teaching   job   at  

University  of  Nebraska.  I  enjoyed  that  whole  cycle  of  creating  knowledge,  storing  

knowledge   and   disseminating   knowledge.   That   made   me   more   energetic.   Four  

years  were   absolute   bliss   and   fun.   Then   it   hit  me,  why   I   am   so   happy   -­‐‑   it  was  

because  I  was  in  a  university  environment  and  not    in  the  rat  race  of  the  corporate  

world.    

!Do  you  take  still  take  up  projects  or  provide  consultancy  services?  

!Yes,  one  of  the  reasons  that  I  have  been  continuing  at  University  of  Nebraska  for  

18   years   is   because  we   have   a   tremendous   industry-­‐‑institute   interface.   So   every  

year  we  get  three-­‐‑four  projects.  I  am  involved  in  executive  education  and  we  are  

constantly   doing   projects   across   the   globe   for   our   clients.   So   the   students   are  

learning,  I  am  learning  and  the  company  is  benefiting.  I  see  positives  everywhere  

and  that  is  what  academics  is  all  about.    

!Could  you  please  throw  some  light  on  your  teaching  experience?  

!Well,  I  started  teaching  from  my  second  year  of  PhD  and  the  first  

subject  I  taught  was  Marketing  Research,  and  the  reason  I  wanted  

to   teach  marketing  research  was  because   I  didn’t  know  anything  

about  marketing  research.  That  is  the  first  lesson  in  teaching,  i.e,  if  

�9IMT GHAZIABADAlumni Relationship Committee

“It’s all about survival of the fittest”

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you  know  5%  more  than  the  students  then  you  are  an  expert.  The  second  lesson  is  

that   if  you  are  half  a  chapter  ahead  of  everyone,  you  are  way  ahead  of  the  class.  

With   those   two   secrets   of   teaching,   I   realized   I   can   become   a   teacher.   Then   I  

started   teaching   International   marketing,   followed   by   sales   management   and  

brand   management.   Today   I   teach   in   12   business   schools   around   the   world  

primarily  covering  International  Sales  Management  and  Strategic  Management.  

!Would  you  like  to  give  any  message  to  IMTians?  

I  would  like  to  give  three  messages    

1. When  you  are  obsessed  about  something,  get  into  the  rat  race  and  achieve        

whatever  you  want  to  -­‐‑  but  enjoy  the  journey.  Don’t  have  any  regrets  when  you  

look  back.    

2. Make  connections!  It’s  all  about  connections.  In  Hindi,  it’s  called  jugaad.  Jugaad        

is  nothing  but  fixing  things  using  connections.  This  is  relevant  even  in  societies  

where  merit  plays  an  important  role.    

3. Take  risks.  Take  the  initiative.  Don’t  believe  in  peaceful  coexistence.  Its  all        

about  survival  of  the  fiVest.  It  is  Darwinian  out  there.    

!IMT SMART CAREER PROGRAM !To   ensure   that   more   and  more   IMTians   do   beVer   everyday!   The   IMT   Alumni   Career  

Mapping   and   Mid-­‐‑Career   Guidance   Program   has   had   many   success   stories.   We   are  

sharing   a   few   in   every   edition   of   Sampark   to   show   you   how   it   works.   To   maintain  

confidentiality  we  are  changing  the  name  of  the  individual  and  company.  Here  is  a  live  

example:   Vinod   is   from  IMT  2005-­‐‑07  batch   (full   time  PGDBM).  As  his  final  placement,  he   joined  

the   newly   started   financial   services   arm   of   a   large   Indian   conglomerate   in   the   risk  

department   for   the   business   loans.   He   worked   directly   under   the   Risk   Head   &   was  

geVing  hang  of   things   really   fast.  He  gained  popularity   in   the  organisation   for  being  a  

diligent   worker   along   with   wide   interests   in   extra-­‐‑curricular.   However,   after   being   4  

years  into  the  system,  Vinod  felt  that  lot  of  nepotism  was  creeping  in  the  newly  formed  

organisation.  Moreover,   the   learning  had  virtually   stopped.   For   the  next   2   year,  Vinod  

�10IMT GHAZIABADAlumni Relationship Committee

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kept  looking  for  a  change  but  was  unsuccessful.  He  decided  to  seek  professional  help  and  

enrolled  for  the  Mid  Career  Guidance  program  of  IMT  alumni.  His  coach  broke  down  his  

career   into   phases,   brought   in   the   insights   that   he   was   overlooking   and   rebuilt   his  

approach   towards  a   job  search.  He  was  also  suggested  some  behavioural   changes.    He  

and  his  coach  worked  together  till  such  time  that  the  personalised  support  allowed  him  

to  achieve  his  desired  goals.  Now  there  is  no  turning  back.  

Some  people  do  realise  the  need  for  professional  help  and  are  ambitious  enough  to  walk  

that  extra  mile  to  achieve  their  goals  in  life  !  

!ENTREPRENEURS OF IMT Shashank Shekhar Founder & CEO, Arcus Lending !

On  2nd  August,  Mr.  Shashank  Shekhar  visited  IMT  Ghaziabad  and  

delivered   a   guest   lecture   on   Entrepreneurship,   as   part   of   the  

Knowledge   Konnect   initiative.   Below   are   a   few   excerpts   of   our  

interaction  with  him.    

To  come  up  with  an  idea  that’s  unique  and  out  of  the  box  is  something   that   demands   lot   of   productive   time.   Having  

said   that,  when  was   the   time   that  you  were  struck  by  an   idea  of   starting  your  own  venture?  

During  my  MBA  years,  I  was  very  clear  that  the  reason  I  am  doing  my  MBA  is  that  I  want  to  start  something  of  my  own.  But  then  you  get  into  corporate  world  and  into  lot  of  affairs  which  makes  it  difficult  to  execute  the  idea.  GE,  technically  my  first   job,   taught   me   a   lot.   They   had   operations,   finance   and   sales   reporting   of  Jalandhar  area  under  me.  Next,  I  worked  for  Pidilite  for  3-­‐‑4  months.  But  still   the  idea  of  my  own  venture  stayed  at  the  back  of  my  mind.  Luckily,  the  opportunity  came  for  me  to  work  with  a  start  up.  It  was  a  small  company  in  Gurgaon  with  its  affairs  in  US.  They  were  just  geVing  into  mortgage  business  which  was  on  the  US  side  of   affair.  Because   I  had   some   lending  experience  with  GE   they  hired  me  as  Head  of  Business,  US.  So  I  moved  from  the  giant  GE  that  everyone  knows  on  this  planet   to   this   tiny  company.  However   in  2007-­‐‑08,  financial   services  market  went  

�11IMT GHAZIABADAlumni Relationship Committee

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down.   It   became   very   clear   that   the   company   would   eventually   shut   down.  However,  I  still  took  the  bold  step  that  if  I  ever  had  to  start  something  of  my  own  this  is  probably  the  right  time  because  I  might  not  have  a  job  anyways.  But  if  I  go  back   this   time,   probably,   I   won’t   be   able   to   start   on   my   own.   So   I   kind   of  strategically  played  my  corporate  career  by  first  working   for  a   large  corporation  and  then  for  a  small  startup  and  yes  eventually  when  the  opportunity  came  I  took  the  big  plunge.  

2008   was   the   year   of   Subprime   Mortgage   crisis.   To   start   up   a   business   by  investing   $2000  was   a   risky   affair.   So  why  did  you   choose   this  period   to   start  Arcus  Lending?  Wasn’t  that  too  much  of  a  risk?  

Yes,  I  agree.  Warren  Buffet  says,  “When  everybody  is  buying  something,  you  sell.  When  everybody  is  selling  something,  you  buy”.  On  those  lines  I  think,  I  saw  the  crisis   as   an   opportunity   because   people  will   not   stop   buying   homes.   If   not   this  year,   it   might   be   the   year   after.   70   percent   people   were  leaving   this   industry   at   that   time   but   I   thought   it   was   a  good  opportunity  to  go  for  when  thought  of  on  long  term  basis.   As   for   many   good   companies,   even   after   having  everything   right   they   still   get   it   wrong.   No   doubt   my  friends  said  that  it  was  a  crazy  thing.  But,  I  decided  to  stick  to  my   decision   and   follow  my   idea.  When   you   think   too  much   everything   gets   complicated.   As   a   result,   you   will  never  reach  the  stage  when  you  put  it  for  execution.  I  have  learned  to  simplify  things  in  life.  

One  may  not  have  complete  knowledge  of  all  the  domains  of  management.  So  while   starting   a   business  what   exactly   should   one   do   to   connect   these   varied  dots  of  Finance,  Sales,  Accounts  and  so  on?  

You  don’t  connect  the  dots.  You  use  common  sense.  I  never  ‘so  called’  studied  in  my   life.   80   percent   of   my   results   came   from   common   sense.   Not   all   successful  entrepreneurs  went  to  a  B-­‐‑school.  If  you  know  a  customer  well  you  do  not  need  an  MBA.  My  biggest  challenge  wasn’t  to  connect  dots,  it  was  to  aVract  customer  in  an  industry  where  about  80  percent  people  left.  So  for  me  the  biggest  challenge  was,  how  do   I   get   clients?  Michael  Masterson   in  his   book   ‘Ready  Fire  Aim’   said   that  People  get  stuck  with  opening  a  business  with  glamorous  things,  a  need  to  have  nice  business  card,  nice  table,  furniture,  etc.  It’s  all  useless.  You  need  to  figure  out  

�12IMT GHAZIABADAlumni Relationship Committee

“You don’t have to be a maverick to start your business”

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how  do  I  get  my  first  client,  second  client  and  so  on.  Everything  else  is  taken  care  of.    

Message  for  the  budding  managers  in  IMT  who  wish  to  start  up  their  business?  

I  will  like  to  go  back  to  the  fact  that  do  not  overcomplicate  it.  That’s  the  common  problem  I  see  with  people  starting  business.  You  don’t  have  to  be  a  maverick.  It’s  important  to  know  how  big  businesses  and  small  businesses  work.  Finally,  when  you  decide  to  start  your  business,  don’t  get  into  the  technicality  and  complications  initially.  Because  if  you  think  too  much  about  it,  you  will  be  thinking  all  your  life  and  never  execute  it.      

DHARMIL SHETH Founder, 91Streets !Dharmil  Sheth,  IMT  Ghaziabad  Batch  of  2013,  shares  his  experience   on   founding   91streets   and   how   he   had   his  “Eureka!”  moment!  

The  idea  of  91streets  was  born  while  I  was  in  the  second  year  of  my  course  at  IMT  Ghaziabad.  Being  the  Chief  Secretary  of  student  affairs;  I  had  an  opportunity  to  interact  and  understand  problems  and  issues  of  students  on  the  campus  at  large.  This  made  me  learn  an  important  management  lesson  for  an  organisation:    solve  a  problem;  people  would  use  your  service,  else  you  are  nobody!      

It   so   happened   in   one   of   the   late   night   parties,   that   my   friends   were   planning   to   go  shopping  for  formal  clothing  the  next  day.  But  they  had  no  idea  for  where  to  go!  That  was  the  Eureka  moment  for  me  and  91streets.  I  could  identify  a  gap  in  the  retail  industry  and  how  they  communicate  with  their  customers;  something  was  definitely  missing.  Post  IMT;  I  was  working  as  a  consultant  but  the  idea  of  91streets  made  me  give  up  my  job  very  soon.    

I   started   researching   about   the   retail   sector   and   how   technology   could   enhance   the  experience  of  all  the  stakeholders.  After  meeting  a  lot  of  shopaholics  and  brand  managers,  I   could   fairly   figure   out   the   communication   gaps   in   the   offline   retail   space   and   started  operations  for  application  development  soon.  

The   idea  of   91streets   –  Shopping  Companion   is   to  help  every  user  by   saving   their   time  and   money   when   they   plan   to   shop   offline.   Typical   problems   of   shoppers   solved   by  91streets  are:  Where  do  I  buy  formal  clothing  from?  Is  there  any  discount  for  sportswear  nearby?  Where  is  XYZ  store  in  Mumbai?  How  is  the  new  collection  in  ABC  store?    

�13IMT GHAZIABADAlumni Relationship Committee

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While   it   also   solves   some   problems   of   retail   brands:  Where   do   I   reach  my   TG?   Is   this  marketing   medium   giving   me   enough   results?   What   medium   will   give   cost   effective  returns  in  the  form  of  footfall  and  sales?  How  do  I  keep  track  of  my  loyal  customers?  Well;  91streets   is   the   answer   to   all   of   them!  With   a   holistic   approach   towards   users   and   the  brands;   we   are   trying   to   revolutionise   the   communication   medium   used   in   the   retail  sector.  

The  soft   launch   (android  version)  of   the  application  on  26th   July,  2014  has  given  quite  a  positive  response  from  the  users  and  we  are  recording  fair  amount  of  engagement  as  of  now.   91streets  will   soon  be  present   in   10   cities  with   a  number  of  partner  brands.  More  innovative  features  are  on  the  roadmap  which  will  provide  the  next  level  of  engagement  experience  on  mobile  in  India.    

www.91streets.com  

!ALUMNI IN NEWS !We  are  proud   to   announce   that  Mr.   Saurabh  Sinha,   IMTG  Alumnus   from   the  Batch  

2010,   has   emerged   victorious   in   the   The   Economic   Times   Young   Leaders   initiative.  

This  year,  around  20,000  professionals  working  in  various  organisations  in  India  had  

participated,   from   which   only   37   were   declared   as   winners   after   clearing   many  

rounds.  Congratulations  once  again  to  Mr  Saurabh  for  his  amazing  feat.  

Mr.  Dev  Amritesh,  IMT  Alumnus  of  1999  Batch,  President  &  Chief  Operating  Officer  

at  Dunkin'ʹ  Donuts  India,  marks  his  spot  in  the  Business  Today'ʹs  eighth  annual  listing  

of  the  25  best  and  brightest  corporate  performers  under  40.  Many  kudos  to  Mr.  Dev  

Amritesh   for  his   recognition  and  we  wish  him  the  best  of   luck   to  scale  even  greater  

heights  of  success  in  the  future.    

Mr.  Dev  also  got  mentioned   in   the  Economic  Times,   sharing   some  of  his   insight  on  

their  strategy  in  the  fast  food  segment.  He  was  quoted  sharing  his  insight  on  Dunkin’  

Donuts,  “Culinary   leadership   is  super-­‐‑critical   for  Dunkin’  Donuts  at   this  stage  since  

we  are  in  the  early  stages  of  development.  A  lot  of  customers  are  trying  us  for  the  first  

time”  

�14IMT GHAZIABADAlumni Relationship Committee

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Prasoon   Joshi   shares   his   experience   on   being   the   first   Indian   the   juror   of   the  

Advertising   awards   at   Cannes   Lions   2014.   He   became   the   first   Indian   head   of   the  

Titanium   and   Integrated   jury   and   he   shares   how   he   split   the   two   categories,   his  

impressions  on  the  work  and  the  all-­‐‑important  question:  why  doesn’t  India  win  more?  

The  Titanium  and  Integrated  Awards  are  awarded  in  Cannes  Lions  for  breakthrough  

ideas  (Titanium)  which  are  provocative  and  point  to  a  new  direction,  and  state  of  the  

art  Integrated  campaign  entries.  In  his  article  in  the  Economic  Times,  he  writes,  as  for  

India'ʹs   performance,   there'ʹs   no   doubt  we   can   do   it;   otherwise   there  wouldn'ʹt   be   so  

many   judges   (or  a  head  of   jury).   I   think  we   lag  behind  because  consumerism   is  not  

fully  accepted  here.  In  another  reference  he  quoted  “We  should  be  proud  of  the  fact  

that   our   job   is   to   build   brands.   That'ʹs   why   clients   approach   us.   We   shouldn'ʹt   be  

apologetic  about  hardcore  selling.  I  don'ʹt  feel  guilty  about  this  since  deep  down  I  feel  

that  every  product  is  trying  to  add  value  to  human  life.”  

Mr.  Praveen  Rajpal,   IMT  G  alumnus   from   the  batch  2000,  was   in  news   recently   for  his  

new  venture  Rockstand,  an  e-­‐‑book  and  e-­‐‑magazine  app.  An  article  that  was  published  in  

Economic  Times  highlighted  that  his  firm  Rockstand  is  going  to  be  funded  heavily  by  the  

top  3  Venture  Capitalist  firms  in  the  country.  SAIF  Partners,  Accel  Partners  and  Sequoia  

Capital  have  entered  into  negotiations  to  invest  up  to  $10  million  in  this  start  up  which  

was  started  last  year  in  2013.  Rockstand  gets  raw  data,  culled  from  textbooks,  magazines  

and   related   test   preparation   material,   through   its   partnerships   with   more   than   600  

publishers,   reworks   them   into   an   electronic   format,   before   uploading   the   same   on   its  

cloud  servers.  This  New  Delhi-­‐‑based  venture  is  the  second  startup  for  Mr.  Praveen,  who  

had   earlier   founded   the   mobile   value   added   services   firm   Handygo   Technologies   in  

2000.  Currently,  Rockstand   is   funded   from  Handygo’s  balance   sheet.  We  would   like   to  

extend  our  heartiest  congratulations  to  Mr  Praveen  and  his  team,  for  achieving  this  great  

milestone  so  early  for  their  venture  and  we  wish  him  great  success  for  the  future.    

!REMINISCING IMT Life - Vidhu Sagar !Vidhu   Sagar   speaks   “about   his   feeling   of   coming   back   to  

campus”-­‐‑   It’s   gorgeous   I   must   say.   You   see   between   school,  

�15IMT GHAZIABADAlumni Relationship Committee

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college  and  the  final  chunk  of  learning  that  you  typically  go  on  to  do,  as  was  the  case  

for   me,   I   thought   schooling   for   most   is   the   most   interesting   one   and   college   is  

somewhat  middling  sort  of  thing;  but  IMT  I  feel  is  really  the  jewel  of  the  crown  in  that  

sense  in  terms  of  life  experiences.  So,  coming  back  to  that  experience  now  you  know,  

you  are  left  with  that  feeling  that  you  have  had  such  lovely  opportunities  of  doing  so  

much  more,  but  perhaps  you  couldn’t  really  achieve  that  level.  However,  in  hindsight  

while   that’s  a   regret,   I   still   think   this   is  a  wonderful  place   that  you  guys  are  having  

and  I  just  love  coming  back  to  IMT  every  time  I  get  an  opportunity  to  do  so.  

!FMCG SYMPOSIUM !On  2nd  of  August,  2014,  IMT  Ghaziabad  witnessed  the  first  symposium  organised  by  the  Alumni  Relationship  CommiVee,  as  part  of  the  Symposium  series  planned  for   this  year.  There   is  no  prize   for  guessing  that   the  auditorium  was   jam  packed  with  students  as  FMCG  and  marketing  roles  are  no  doubt  the  most  sought  after  in  our   college   during   placements.   The   conference   witnessed   the   culmination   of  several  great  minds  from  diverse  fields  marketing,  converging  their  thoughts  and  ideas   under   one   roof.  Different   esteemed   alumni   of   IMT  Ghaziabad  delivered   a  session   on   different   concepts   and   fields   of   marketing   and   also   shared   their  valuable  insights  and  experience  for  the  enrichment  of  the  students’  knowledge.    

�16IMT GHAZIABADAlumni Relationship Committee

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On   the  onset,   the   symposium  was  kick   started  by  Ms.  Sujatha  V  Kumar,   IMT  G  alumnus   from   the   batch   1995   and   Category   Head   at   Coca   Cola,   and   she   also  chaired  the  entire  symposium.  Ms.  Sujatha  talked  about  Brand  Evolution  and  she  took   us   on   an   exciting   journey   on   understanding   brand   evolution   with   the  example   of   how   Coke,   since   its   inception,   has   continuously   gone   through   a  process  of  continuous  change  and  improvement,  which  is  why  Coca  Cola  today,  is  a  brand  synonymous  with  maximum  global  reach  and  recognition.    

The  stage  was   then   taken  over  by  Mr.  Debashish  Das,   IMT  G  alumnus   from   the  batch  1996  and  Category  Head  at  SC  Johnson,  who  delivered  an  insightful  session  on   communication   strategy   and   execution,   wherein   he   discussed   how   certain  companies   like   STAR   TV,   Henkel   and   Mother   Dairy   improved   their  communication   strategy   to   revamp   their   brand   identity   and   also   how   they  effectively  faced  competition  in  the  market.  The  students  were  very  engrossed  in  the  session  and  followed  it  up  with  a  lot  of  questions  and  discussions.    

After   the   lunch   break,   the   symposium  was   re   commenced   by  Mr.   Vidhu   Sagar,  IMT  G  alumnus  from  the  batch  1990  and  Executive  Vice  President  at  Carat  Media,  who  presented  on  the  Media  Landscape  prevalent  in  the  market.  He  shared  some  of   his   experience   and   insights   on   the   media   buying   world   and   how   to   choose  which  channel  of  communication  for  which  type  of  brand.  This  presentation  was  followed   up   by   a   session   on   Market   Research   by   Mr.   Puneet   Avasthi,   IMT   G  alumnus   from   the   batch   1992   and   Vice   President   at   IMRB   International.   He  captivated   the   audience   by   presenting   some   astonishing   facts   and   figures   about  the   Indian   retail   market   and   displaying   the   pivotal   role   of   market   research   in  geVing  to  know  your  customer  well.    

The  symposium  was  concluded  by  Mr.  Ramashish  Ray,  Vice  President  Samsung,  South   West   Asia,   who   presented   on   the   topic   of   Sales   and   Distribution.   Mr  Ramashish  presented  on  the  importance  of  the  consumer,  and  how  costly  it  can  be  for  a  company  which  forgets   the  golden  rule  of  sales,   that  customer   is  king!  The  symposium  was  very  well  received  by  the  students  who  are  now  eagerly  waiting  for   other   ALCOM   symposiums   planned   for   the   year.   All   the   guest   speakers  received  great  applause  and  appreciation  from  the  students  and  the  faculty  alike.  We  would  like  to  extend  our  greatest  thanks  once  again  to  all  the  alumni  present  at  the  symposium  and  we  keenly  wish  to  see  them  soon  again.  

�17IMT GHAZIABADAlumni Relationship Committee

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Junior Alumni Relationship Committee - Introduction !Name:  Aarushi  Seth    Education:  B.Com,  Delhi  University  Work  Ex:  Fresher  Interests:  Reading  mystery  novels,  watching  sitcoms,  listening  to  music  and  traveling  How   will   I   contribute   to   Alcom:   I   believe   that   I   have   the   appropriate   balance   of  communication  and  people  skills  to  contribute  in  a  meaningful  manner  to  the  Alumni  Relationship  CommiVee  !

 

Name:  Aditya  Sen  Education:  B.  Tech  (I.T.)  Work  Experience:  Technical  Lead,  Tata  Consultancy  Services,  44  months  Interests:  Playing  keyboard,  Dramatics  

How  will  I  contribute  to  Alcom:  I  would  contribute  to  the  IMT  alumni  portal  and  mobile  app  initiatives,  which  would  be  a  forum  for  interaction  among  our  alumni,  and  render  timely  online  information  and  services  to  them  !

 

       Name:  Adrita  Guha    Educational:  B.Tech  (CSE)  Work  Experience:  Pre-­‐‑Sales  Solution  Architect  (Account  Expansion),  CSC  India  Interests:  Watching  Sitcoms,  Reading  novels,  Painting  and  Singing  (trained)  How  will  I  contribute  to  Alcom:  I  will  build  more  and  more  relationships  and  my  strong  communication  will  help  me  achieve  that.  My  previous  experience  in  event  organisation  in  school  and  college  will  help  me  contribute  in  organising  the  multiple  events  planned  this  year  

 

Name:  Akshata  Mohite  Education:  B.E.    (E  &  TC)  Work  Experience:  Fresher  Trainee  Engineer,  Electronet  Equipments  Pvt.  Ltd.,  4  months    Interests:  Swimming,  Creative  Writing,  Cooking  

How  will  I  contribute  to  Alcom:  I  will  put  in  my  best  efforts  to  act  as  an  interface  between  the  alumni  and  the  student  community  of  IMT  by  planning  meticulously,  organising  diligently  and  executing  immaculately  !

!!!!�18IMT GHAZIABADAlumni Relationship Committee

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       Name:  Amanpreet  Singh  Thind    Education:  B.  Tech  CSE,  MBA  (Global  Business)  Work  Experience:    Fresher  Interests:  Android  Testing  on  new  Android  OS  platforms  such  as  4.4.4  and  Android  L,  Playing  Tennis    How  will  I  contribute  to  Alcom:  I  want  to  make  a  handout  of  individual  batches  containing  all  the  contact  information.  This  initiative  will  let  them  get  in  touch   with  their  batch  mates  !  !Name:  Ambika    Agrawal    Education:  B.  Tech  (CSE)  Work  Experience:    Accenture,  26  months    Interests:  Reading  books,  Solving  puzzles,  Meditation,  Listening  to  music    How  will  I  contribute  to  Alcom:  I  will  take  new  initiatives  and  bring  new  perspectives  to  the  team  !! !

     Name  :  Ankita  Rai    Education:    B.  Tech  (CS&E)  Work  Experience:  Software  Developer,  HCL  Technologies,  19  months  Interests:  Reading,  Travelling,  Dancing,  Adventure  Sports  

How   will   I   contribute   to   Alcom:   I   wish   to   organise   more   alumni   events   so   that  students  of  the  current  batch  get  to  interact  more  with  the  alumni  base  

!!!  

 Name:  Dikshit  Wadhwa    Education:  B.E.  (I.T)  Work  Experience:  DeloiVe  Consulting,48  months  Interests:  Playing  pool,  Reading  books.  

How  will  I  contribute  to  Alcom:  I  am  a  team  player  and  will  help  my  team  mates  in  every  which  way  possible.  This  will  enable  us  to  work  more  efficiently  at  Alcom  !!!!!!!

�19IMT GHAZIABADAlumni Relationship Committee

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!          Name:  Karishma  Dipti    

Education:  B.  Tech  (Chemical  Engineering)    Work  Experience:  Ernst  &  Young,  22  months    Interests:  Teaching,  Dancing,  Listening  to  music,  Trekking    How  will  I  contribute  to  Alcom:  By  providing  more  opportunities  to  current  batch  of  students  to  bond  with  the  alumni  !

  !Name:  Manthan  Ajwalia    Education:  B.  Tech  (Mechanical)  Work  Experience:  Supply  Chain  Management,  Dr.Reddy’s  Labs,  22  Months  Interests:  Passionate  about  mobile  devices  and  a  huge  movie  buff!    How  will  I  contribute  to  Alcom:  By  interfacing  well  with  our  esteemed  Alumni  and  continue  building  our  relationship  for  a  stronger  brand  IMT                                                                                                                                                                                                                                                                                                                        !!!

  !      Name:  Manu  Jain  Education:  B.  Tech  (Electrical)  Work  Experience:  Business  Analyst  ,Mu  Sigma  ,13  months  Interests:  Basket  Ball,  Photography,  Short  Film  Making  How  will  I  contribute  to  Alcom:  I  would  like  involve  myself  in  the  upcoming  symposiums  to  create  value  for  the  current  batch  of  students  !!!!

       Name:  Nikhil  Abrol    Education:  B.  Com  (Hons)    Work  Experience:  Fresher  Interests:  Basketball,  Squash,  Guitar  How  will  I  contribute  to  Alcom:  I  believe  that  the  work  of  Alcom  is  critical  for  IMT  G  and  I  see  myself  devoting  my  energies  to  take  Alcom  to  even  greater  heights    !!!!!!!

�20IMT GHAZIABADAlumni Relationship Committee

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!   !

         Name  :  Prerna    Naresh    Education  :  Electronics  &  Instrumentation    Work  Experience:  Assistant  Systems  Engineer,  TCS,  16  months  Interests:Traveling,    Reading  books,  Photography  

How  will  I  contribute  to  Alcom:  I  will  contribute  to  Alcom  by  making  the  relationships  between  the  alumni  and  student  community  stronger  

!!!  

     Name:  Shubham  Maheshwari    Education:  B.E.  (Electronics)  Work  Experience:    

• Advisor  in  Equity  Research,  Angel  Broking  Pvt.  Ltd.,6  months      • Projects  Today    in  SEO  and  web  designing    dept.,  14  months  

Interests:  Listening  to  Music    How  will  I  contribute  to  Alcom:  Will  try  my  best  to  build  brand  IMT  !!

                   Name:  Sohan  Uchil    

Education:    B.E.  (Electronics  and  Communication)  Work  Experience:    Senior  systems  Engineer,  Infosys  Ltd.,34  Months  Interests:  Football,  Cricket,  Reading  

How  will  I  contribute  to  Alcom:  By  nurturing  the  existing  relations  that  our  commiVee  has  with  the  alumni  and  by  working  tirelessly  to  establish  new  relationships  that  will  further  enhance  brand  IMT  

!!!  

               Name:  Sonal  Chotrani    Education:  B.  com  (Hons)  Work  Experience:    Bharti    Airtel    (HR)  Interests:Trained  Jazz  and  Kathak  dancer,  Dramatics  How  will  I  contribute  to  Alcom:  I  will  contribute  by  bringing  new  ideas  and  initiatives  !!!

�21IMT GHAZIABADAlumni Relationship Committee

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 Name  :  Souhardya  Banerjee  Education:  B.  Tech  (ECE)    Work  Experience:  Application  Developer,  IBM  India  Pvt.  Ltd.,  28  months  Interests:  Car  Racing  Enthusiast  

How  will  I  contribute  to  Alcom:  I  intend  to  bring  in  innovative  ideas  to  showcase  the  achievements  of  IMTians  that  will  help  in  building  a  stronger  brand  IMT  

!!!  

                 Name:  Vaibhav  Oberoi    Education:    B.  Tech  (I.T)  Work  Experience:  Associate  –  Research  and  Analytics,  WNS  Global  Services,  24  months  Interests:  A  Car  freak  How  will  I  contribute  to  Alcom:  Building  new  relations  and  diligently  working  to  continue  the  existing  ones  ! !

             Name:    Vinamra  Jain  

Education:  B.E.  (Electrical)  Work  Experience:  Mahindra  &  Mahindra  Ltd  (Automotive  Sector),  21months.  Interests:  Travelling,  Listening  to  music.  How  will  I  contribute  to  Alcom:  My  interests  and  experience  in  operations  as  well  as  planning  will  contribute  in  organising  events.  Also,  ability  to  connect  with  people  personally  and  professionally  will  help  in  building  relations.  Always  prepared  for  troubleshooting  and  managing  critical  situations  will  help  in  handling  last  minute  exigencies  !!!!!!!!

�22IMT GHAZIABADAlumni Relationship Committee