Kick Start your career with India's best Management Institute

Categories
Blog Jaipuria Noida

Prof. Ken Nishikawa, professor from Japan at Jaipuria Noida, impresses with his engaging talk

It was a unique opportunity for us as we listened to an engaging talk delivered by Prof. Ken Nishikawa, Professor of Business Management at Konan University, Japan. The session on 3rd December was organized by the International Relations Committee and the seasoned academician made it lively in his inimitable style.

Prof. Nishikawa has 25 years of experience in his teaching career and it reflected in well structured talk he had prepared for us. Dr. Anurag Singh, Committee Chairperson introduced our guest and also talked about Jaipuria, Noida as a tertiary, cross-cultural institute having connections with 13 different universities across the globe. He then described the strong relations India and Japan shared over the years, which was greeted with a huge round of applause.

Prof. Nishikawa used the example of Sharp Corporation to makes his points in the talk titled “Challenge for Organizational Changes in Japan: Through a case study of Sharp Corporation”. It was a poignant case study that offered insights on Japanese Corporate Management. He mentioned how Japanese people adopted an emotional and psychological approach, which was quite interesting to know.

It was a comprehensive talk about the company as Prof Nishikawa told us how Sharp Corporation began with manufacturing cheap radios to calculators. It was then overtaken by Casio, which offered cheaper options. But Sharp fought back and it eventually led to both the companies making profits. There were interesting lessons in the success of the company and its strategies to take on its rivals.

Prof Nishikawa however was quick to remind us that things can go wrong very quickly in business as seen in the example of Sharp Corporation, which has been on the decline. All major banks in Japan hold a stake in the company today. He revealed the company philosophy which was, “Our future is directly linked to the prosperity of our customers, dealers and shareholders, involved in the entire Sharp family.”

But according to Prof Nishikawa, all the management theories that might seem to work at the concept level should be applied after due practice. He added, “Before applying management theories to subordinates and the customers, we should first apply them to ourselves. It’s not theoretical or technical knowledge, but something you can only learn through experience.” And that in itself was an important learning for all of us.

Student Contributor: Shariq Ahsan Hazarika, PGDM, 2015-17

Categories
Blog Jaipuria Lucknow

OJAS 15, the annual fest at Jaipuria, Lucknow, draws huge crowds and is a huge success

Jaipuria Institute of Management, Lucknow celebrated its annual fest, OJAS 15, amidst great enthusiasm from students and participants from different parts of India. The three-day event held between the 4th and 6th of December brought together a large number of students from several top colleges who participated in a wide range of events: from cultural events to sports and management games. The campus was filled with infectious energy as students displayed a good mix of camaraderie and a competitive spirit that added to the electrifying atmosphere of the fest.

While the stock market game “Maximize the Returns” tested participants’ risk-taking abilities, their sporting prowess was tested in badminton, cricket and other competitions. The home team earned bragging rights as they won the coveted prize in the cricket tournament. Several other management games like “Build from Scraps”, “Counter Strike”, “Ad-Mad” and B-Quiz, which have gained in popularity over the years, drew a large number of participants. In the Dabur Miss Vatika contest, contestants go on stage and talk for one minute on a randomly selected subject. This was a big hit with the audience.

The participants gave their best throughout the day, and the students cheered them on, which built a fun-filled atmosphere on campus. The evenings were reserved for unwinding as students were treated to brilliant events, including a performance by “Indian Sabre”, who had the audience grooving to its tunes. The Fashionista event held on Day 2 was, of course, the major attraction and included Bollywood, Cocktail and Stud rounds. Alumni from the institute judged the events and chose the winners for Best Walk (Male and Female), Best Model (Male and Female), Best Photogenic Face (Male and Female), and Best Couple.

Radio Mirchi Yuva Star was another big event that offered participants a chance to display their talents and win exciting prizes. The enthusiasm shown by the students filled the day, and it had popular RJ Vipul from Radio Mirchi beaming: “OJAS 15 is amazing; everyone is full of energy and it’s great to be a part of such revelry. Radio Mirchi had a great time here and we will always support any activity from the institute.” The sentiment was shared by Palak Agrawal from Sunbeam Women’s College, Varanasi, who said, “Hats off to Jaipuria, Lucknow for pulling off such a big show. Indian Sabre and the DJ Night were my absolute favourites during the three days.”

The DJ Night indeed was a big hit as it gave students from various colleges the chance to let their hair down and mingle with each other. But the importance of activities like Youth Parliament – held in the guidance of faculty members from the institute – wasn’t lost on students, as it made them aware of real-life situations around them. Be it the Debate competition, The Amazing Race explorer trip or the Fin-Eco Quiz, there was a lot to learn through engaging activities that marked the event. The proceedings ended with the Tug of War competition – the host team won in the women’s category, much to the delight of the audience.

Dr. M. Ashraf Rizvi, Director of the Institute, Dr. Dheeraj Mishra, Dean (Research), Dr. Kavita Pathak, Associate Dean (Academics), and Dr. Himanshu Mishra, Associate Dean (Student Affairs) were present for the prize distribution ceremony that recognised the efforts and talents of the winners in each category. Dr. Himanshu Mishra congratulated the winners and thanked everyone for participating in the fest with such zeal. OJAS 15 concluded on the same high it had begun with, as students grooved to the tunes of ‘Faridkot’. Over three days, the event gave everyone involved a lot to cheer about and built bonds that will last for a long time.

[button shape=”square” size=”regular” float=”right” target=”blank” href=”http://www.jaipuria.ac.in/campuses/jaipuria-lucknow/photo-gallery-lucknow/?cat_id=161″ title=”Ojas 2015 Photo Gallery” info=”none” info_place=”top” info_trigger=”hover”]Photo Gallery[/button]

Categories
Blog Jaipuria Noida

Panel discussion held by HR Club at Jaipuria, Noida has important lessons for students.

On November 30th, IPSA, the HR club of Jaipuria Institute of Management, Noida, hosted a lively panel discussion on the theme ”Do We Need a New HR Paradigm to Manage Gen Y?” The event brought together participants and seasoned faculty members of the institute. Student participants Jasmeet Dang, Azad Singh, Pratiksha Vyas, Mazharul Arfin, and Ankita Mishra were introduced by the host Ragini Awasthi. They all made their presence felt on the panel that also included faculty members Dr. Swati Agrawal, Dr. Shalini Srivastava, Prof. Kaveri and Prof. Abdul Kadir. All in attendance benefited from the ideas that were discussed; and the students in the gathering gained a better understanding of HR and what employees expect from them.

An informed and exciting discussion ensued as all the participants did their best to put forth their views. Jasmeet got things rolling on a high note as he said, “Gen Y is in a habit of getting quick results because it has been brought up in an environment which is technologically advanced. 60% of the population is under the age of 35 and 1 million people are joining the workforce in India, which makes it imperative for us to look at things with a fresh perspective.” On the other hand, Azad believed that Gen Y is less adaptable to 9-5 jobs, looks for creativity, changes jobs frequently and also prefers to work on its own.

Pratiksha, who was handling moderator responsibilities with aplomb, further added, “Co-ordination is essential for effective work; and to co-ordinate well, efficient communication is a must. Interpersonal skills are very important for Gen Y, which is 75% of the population.” Mazharul focused on the changing mindset of people and talked about the workforce chain where the CEO keeps employees happy, who in turn make customers happy. And Ankita offering her unique point of view, said, “Gen Y is driven by money because it is the means of their survival. The generation is tech savvy, has a lot of expectations and needs bigger salary.”

As the panel discussion ended, it was time for a question and answer session on collaborative work. Some of the pertinent issues dealt with were the reasons why Gen Y switches jobs frequently and how organizations can have flexibility and deal with the expectations of this young generation. Finally, the host, Ragini Awasthi, took over and summed up the important takeaways from the discussion. She mentioned how Human Resources has evolved in recent times and reflected on the idea that to be a brilliant manager, you need to be able to read people’s minds. Thus ended the enriching session – it not only offered students of Jaipuria Institute of Management, Noida, an insight into the world of HR, but also encouraged them to express their views, their concerns and their goals.

Student Contributor: Deepshikha Goswami, PGDM 2015-17

Categories
Blog Jaipuria Noida

Dr. Kristine Brands shares important ideas about Sustainability for students during her talk at Jaipuria, Noida

The International Relations Committee of Jaipuria, Noida took its international outreach series program a step further by inviting noted academician Dr. Kristine Brands to deliver a talk on “Sustainability and Corporate Social Responsibility”. Professor Brands is an Associate Professor of Accounting at Regis University’s College of Business and Economics in Colorado Springs, Colorado in the U.S. In this talk, she drew upon her experiences to impart some wisdom on the social responsibilities that corporations and businesses must embrace.

The talk gained in significance as it coincided with the World Climate talks held in Paris that were attended by representatives from 180 countries, putting the spotlight firmly on the topic of Sustainability. Dr. Brands was the ideal person for the talk because of her extensive experience and research interests in sustainability and CSR, IFRS, and XBRL and interactive data. She also serves on the Board of Directors of the Institute of Management Accounting.

It was our honour and privilege to have her amongst us and she was given a warm welcome, with Dr. Anurag Singh introducing her to the audience. Dr. Brands then captured our imagination with her informative talk that began with her telling the audience how she began with her research on the subject. It was interesting to see her share a picture of her friend who got her interested in agro-research. It helped her build an instant connect with the audience.

Dr. Brands then moved on to talk about Sustainability and the burning issues faced by the world, from rising pollution levels in Shanghai to carbon footprint, wildfire problems in the west and the increased risk of skin cancer among those with lighter skin. She also shed light on issues like the depleting population of polar bears and melting ice caps. We immediately realized the grave situation we are in and the environmental concerns we should have.

She drove her point home by saying, “We are at the crossroads of sustainability and profits, or economic survival. The problem is that sustainability issues are the ones that are dropped easily.” Dr. Brands then mentioned her wish list for an International Sustainability panel that included names like Pope Francis, Richard Branson, Michael Bloomberg and François Hollande. It was an interesting list that definitely got us thinking.

To end her session, Dr. Brands had useful suggestions for all of us: “You can do various things to reduce your carbon footprint: get an electric car, or any other ideas that you can come up with. At the moment, there are accounting frameworks that are established for sustainability but they are going in all directions.” Dr. Deepak Singh, who offered the Vote of Thanks, made a thoughtful final point where he said that India and the U.S. should work together and bring about changes and raise awareness amongst people at a young age. I feel the session was successful to a large extent in that regard.

Student Contributor: Sohini Guha Roy, PGDM ,2015-17

Categories
Blog Jaipuria Noida

Spardha 2015 leads to sporting bonds amongst students from 26 Institutes across the country

We had all been waiting for “Spardha 2015”, the Fourth National Sports Meet organized by and held at our institute, Jaipuria Institute of Management, Noida. The days of reckoning were 4th and 5th of November when more than 850 students from over 26 colleges converged on our campus. The atmosphere was electric and the organizers had taken the efforts to ensure that everything went on smoothly. The stage was set perfectly for budding sportsmen from all over the country to show off their skills.

NTPC, Bikanervala, Soy 4 U, Bisleri, Gold Gym, Hutkar were some of the sponsors for the event, which had been the talking point amongst us for some time now. Finally, things got underway with march of the competitors from all the institutes. The audience cheered on every team but of course the loudest cheer was reserved for the home team of Jaipuria, Noida. Dr. Anup Kr. Singh, who has been with Indian Police Service and is now the Circle Officer, Noida City, graced the occasion as the Chief Guest.

We were also inspired by Annie Singh, who might be 11 years of age but has a towering presence as the gold medalist in Delhi state skating championship. The action moved to sporting fields after the oath taking ceremony, which was conducted in all seriousness. We turned our attention to the grounds where a wide range of indoor and outdoor games were lined up for the day.

Cyber games, Volleyball, Table Tennis, carom, chess, Cricket and Tug of war were some of the main sporting events held over two days. While the participants did their best in the field, the audience did everything possible to encourage them. The Athletics events were definitely the biggest attraction of Spardha 2015 and drew crowds in large numbers. The excitement all around was palpable as students remained at their competitive best.

Our Boys’ team was victorious in Kho Kho and Chess competitions while the girls’ team won the Kho Kho, Tug of War, Long Jump, Shot Put and Discus Throw events. Jaipuria, Noida team was also the overall winner, but as per the tradition of not keeping the trophy with the home team, it was passed on to the Runners up. It was this kind of camaraderie that added to sporting atmosphere at the event.

Mr. Anadi Barua, Coach, Indian Girls Football Team presided over the prize distribution ceremony. He tried to inspire us by saying, “You should also focus on physical activities and not restrict yourself to studies alone, because physical activities are good for your overall development.” It was good to see all participants and not just winners taking part in the celebrations that culminated the event.

Student Contributor : Pooja Singh (PGDM Batch 2015-2017)

Categories
Blog Jaipuria Jaipur

“Abhyudaya 2015 – Memories of a lifetime” by Digya Soni

40 colleges… 850 students… and 21 electric competitions and events.
Abhudaya 2015 rocked… and how!

As First Year Students of Jaipuria Institute of Management, Jaipur, we had pretty much figured during the last month of hectic preparations, that Abhyudaya is quite the “big deal” here… but never really expected it would be this big a deal! The 9th edition of Jaipuria Jaipur’s Annual festival – better known as Abhyudaya 2015 – was a 2-day extravaganza that saw excited participants from colleges across the country. Held on October 31st and November 1st the atmosphere was electric and the bonding with fellow students from different parts of India was like response to stimuli.

As a part of the organising team, I know for sure that we did everything possible to ensure that guests who had travelled the distance to take part in the revelries felt at home in the Pink City. By the time we were done, Jaipuria Jaipur donned a festive look – like the echo of Diwali – and participants poured in over the course of the 2 days. As always, Abhyudaya 2015 started with the traditional lighting of the lamp, and Dr. Swati Soni, Assistant Dean (Academics) encouraging one and all to “compete hard, and party hard!” while enthusiastically welcoming the participants; making way for the welcome-dance-group-song routine we had practiced so hard. It set the tone for a high-octane Abhyudaya 2015.

From Photography, to Face painting, Rangoli, Arty Sticks, Ad Mad Show, Best out of Waste, Solo Singing, Bollywood Quiz, Band war, Duet dance, and Group dance…. we were spoilt for choice on day one.

“Stage is my runbhumi , music is my sword and voice is my will!!!” I remember-Jaysukh Suthar roaring into the microphone right before the Band War team of Jaipuria Institute of Management, Jaipur, hit the chords and let the drums roll. We wound up late in the night, after the rollicking Fashion Show, believing that the 2nd day could not top it all. Wrong!

Of all the things, it was the Nukkad Natak competition that stole the show. So much so that even Deputy Director, Rajasthan Tourism acknowledged that the current generation feels things more than before.

“It really is a great mix of cultures and talents,” said my colleague at Jaipuria Jaipur, Kunal Godwani, to me at the end of the Nukkad Natak. “A reminded of things… the darker sides of our society that need to be attended as soon as possible.”

The event list wast exhaustive – Collage making competition, a cookery show, Beta, T-Shirt Painting, Brand Drum Charades, Debate, Paper Dance, Comedy Show, solo dance; so much so that at a point we were not sure we’ll be able to wind it all up. The Business Plans competition threw up what arguably could be some of the big businesses of the future.

By the end of it all, some carried bragging rights and trophies to show for their efforts, but everybody carried memories for a lifetime.

Come to think of it, Abhyudaya has grown to big to fit into just 2 days. Any takers for a 3-day Abhyudaya 2016?!!

Categories
Blog Whats New

CSR’s B-School rankings 2015 released – survey done jointly with Global Human Resource Development Centre

3 campuses of Jaipuria Institute of Management – Lucknow, Noida, and Jaipur – make it to ‘Top 20’ in respective all India categories

Delhi, 17th November 2015. Competition Success Review has released its pan-India business schools assessment for the year 2015. The pre-eminent and amongst the earliest surveyors and assessors of educational institutions in the country, carried out the survey in tandem with GHRDC.

In all, the CSR-GHRDC survey considered about 300 B-schools across the country that met its stringent parameters. Based on the data submitted by these B-schools, 150 were shortlisted under 7 categories; Government B-Schools in a different category, while 6 categories – Top Leading B-Schools of Super Excellence, Top B-Schools of Super Excellence, Top B-Schools of Eminence, Outstanding B-Schools of Excellence, Top B-schools of Excellence, and Promising B-schools – in the private segment.

Jaipuria Institute of Management made significant gains, with 3 of its 4 campuses being counted amongst the Top B-schools of the country. This is especially noteworthy since Competition Success Review observes, “This season (2015) of management education sector has revealed a clear phenomenon of Market Correction, as a part of which many seats in B-Schools went vacant for admissions and institutes unable to catch up with innovation were closed down”. The performance and quality of B-schools were evaluated on 4 main pillars – 1. Physical & Academic infrastructure, 2. Faculty, Publication, Research, Consultancy, MDP & other programmes, 3. Admission, Curriculum & Delivery System, 4. Placements, USP, Social Responsibility, Networking & Industry Interface.

“With our firm philosophy of “seeing is believing”, we visited almost 80% of the participating to bring into frame the qualitative aspect of the institutes,” says Aradhana Changkakoti, one of the survey Directors for CSR. “ The CSR-GHRDC B-School survey is one that does not allow any subjective bias to creep in, under any circumstances. Perception has no place in our survey.”

While IIFT, Delhi was rated as the Top Government B-School, XLRI Jamshedpur topped all Private B-Schools Pan-India. Jaipuria Institute of Management, Lucknow came in 19th amongst the Top B-Schools of Super Excellence, while Jaipuria Institute of Management, Noida ranked 4th, and Jaipuria Institute of Management, Jaipur ranked 14th in the Top B-Schools of Eminence category. In essence, the CSR ranking puts Jaipuria Lucknow 29th, Jaipuria Noida 34th, and Jaipuria Jaipur at the 44th position amongst all B-Schools Pan-India.

“The demand for improving quality has taken a sense of urgency,” says Dr. Prabhat Pankaj, Director, Jaipuria Institute of Management, Jaipur, while commenting on the survey. “Even in the adverse situation, business schools which are able to deliver quality are doing well. On demand side too, slowdown is good news as candidates who are serious about their career goals and ready to spend time towards it are coming forward and aspiring to join. Business education market in India was in oversupply and this kind of correction was indeed inevitable.”

Jaipuria Institute of Management through its unique UnCampus programme introduced a number of innovations in the areas of Industry interface, Networking, and blending formal and informal learning – like the “Life After 6” programme at Jaipuria Institute of Management, Jaipur. However, Dr. Pankaj outlines the surefootedness in “reducing the overload of content” as the foremost reasons for the increasing gains of Brand Jaipuria.

“We differentiated between Vital, Essential, and Desirable… the VED analysis. This was decided on employer and industry feedback, alumni feedback, current student feedback, and subject matter expert. Our pedagogy is mostly 70:30 toward hands-on and practical inputs over theory, except for few courses where theoretical knowledge is a must. We practice “flipped classroom” and smart phones and WhatsApp is where we share learning resources.”

Pre-eminent for creating sustainable educational institutions since 1945, Jaipuria Group ventured into management education in 1995, and has ever since been recognised for quality management education and its prominent alumni spread across the corporate world. The Jaipuria Group of Institutes are known for advanced student and faculty exchange programme with academic partners spread across the globe – from University of Illinois, and Eastern Mennonite University, in the USA, to Universities of Applied Sciences in Finland (Europe), to University of New Castle in Australia.

Categories
Blog Jaipuria Featured Stories Jaipuria Lucknow

Retail experts deliver an enlightening talk on Loyalty Programs and their benefits to the students of Jaipuria Lucknow.

Students of Customer Relationship Management at Jaipuria, Lucknow were part of an eye-opening guest session on the highly relevant topic of “Loyalty Programs and their role in the Retail sector”. While one hears about loyalty programs practically every day, what do they really manage to achieve for a brand? That was the crux of the session that was held on the 3rd of November. Mr. Mehwer Masood, Unit Marketing Head, and Mr. Mukul Gupta, Retail Operations Manager, both from Shoppers Stop, Lucknow, were the guests who shared useful insights into the world of retail, specifically the loyalty programs.

Dr. Reeti Agarwal, a popular faculty member at the institute coordinated the discussion and began the proceedings by welcoming the guests on stage. The retail industry experts then took over and offered a brief overview about customer loyalty. According to them, it speaks of customers’ attachment to a brand, store, manufacturer, service provider or other entities based on favourable attitudes and behavioural responses like repeat purchase. “Customer loyalty is very important for any business but more so in the retail sector,” they stressed. “It’s very important to try and retain your existing customers as it has many benefits for the organization.”

They then spelt out some of the advantages of customer loyalty for a brand, which include less price-sensitivity, reduced marketing expenditures for attracting new customers and improved organizational profitability. “They are cost-effective to serve because they already know the products. Loyal customers serve as a ‘fantastic marketing force’ by providing recommendations and creating positive word of mouth publicity,” Mr. Masood and Mr. Gupta explained. “They also help in knowing and tracking VIP customers, regular visitors to the store, mapping and identifying the catchment area. Based on this any company can plan its marketing strategy.”

The participants were intrigued when the experts shed light on how data collected from loyalty programs could be used for different areas of the business including segmentation, corporate planning, store portfolio, brand management, merchandising, promotional and media activity, direct marketing, inventory management, pricing and store layout. Mr. Masood and Mr. Gupta then went on to talk about the challenges that are faced with loyalty programs and what can be done to improve them and get better results for the company. Thus, the session offered a comprehensive view of the loyalty programs for the benefit of the students.

The engaging session turned interactive as the guests fielded questions on the subject. When asked how firms manage customer relations in today’s times, they said, “It depends on a firm’s orientation; some are product-oriented, while others are customer oriented. Shopper’s Stop is a customer-oriented brand where the services are impeccable; there are certain norms and rules but we try to mould them for the benefit of our customers. We believe in our customers and they believe in us.” By offering real-life experiences from their own company, they made things more relatable for the students.

Finally, they moved on to the changing face of customer relations and how they have been impacted by the social media. They believed that the mass medium provides both the customer and the firm a direct platform to share information and feedback. For them, it is an opportunity to respond to customers’ problems without spending a lot of money. When asked for advice for future managers they said, “It is a nascent industry that’s growing very fast and you have to be flexible. It’s important to listen to the customer and be patient; try to learn from it. Your integrity should be up and your ego down.”

Categories
Blog Jaipuria Jaipur

Senior HR Professionals share their insights on “Future-proofing” and how to build a solid professional foundation at Jaipuria Jaipur

As students of Jaipuria, Jaipur, we had a great opportunity to interact with a Senior HR Professional in the session titled “Future-Proofing Gen-y vis-à-vis expectations from India Inc.” The session, held on the 8th of October, was conducted by the renowned professional Mr. Allen Sequeira, HR Council Director for India and Senior Fellow of Human Capital at The Conference Board, Croatia. It was set up under the The National Professor Scheme, which aims to equip students with skills that can help them face the many challenges in management education, especially when it comes to HRD.

The idea behind a session like this is to bridge the gap between industry and academia, while offering future managers insight into what the corporate world expects out of them. Given the context, Mr. Sequeira was the ideal candidate to share his knowledge with the students. His global exposure is valuable to managers in Indian MNCs, as he trains them to foster and maintain International mindsets.

Mr. Sequeira has worked his way up the ‘ladder of success’ from Operational HR to Strategic HR, Business Partner to Head of Leadership Development. He shared his experiences with the students as he began his talk dealing with Future-proofing Challenge #1: VUCA. According to him, “Volatile, Uncertain, Complex and Ambiguous is the world; where we should focus on growth and uplifting citizens across the globe.” And, he added “Society, Technology, Globalization, Innovation, Demographics, Sustainability and the Information Explosion are issues that impact the world today”.

It is his belief that future-proofing is all about preparation and he advised management hopefuls to arm themselves to keep up with the future dynamics of the corporate work culture. He then moved on to “Future-proofing Challenge 2: Social and Cultural Fabric” and highlighted the difference in the work cultures of American and Indian societies. He focused on the idea that in the U.S. people had to either perform or perish, which is why it was a meritocratic society, while in India, he sees the work culture as an “Indian Mediocre Society”.

But Mr. Sequeira remained hopeful for the future and added that there were two factors that could turn an individual into a successful global citizen. “Adaptability and Absorbability are two elements that have to be integral to your personality. You have to be adaptive to the local culture where you are employed and you should be absorbing of the circumstances you face,” he stressed thoughtfully. “Intercultural sensitivity should always be present in every individual as that gives a sense of respect for other religions and cultures”.

The students in the gathering were then shown a video of the 26/11 Terror Attacks on The Taj Mahal Hotel in Mumbai. It was an exercise that focused on Leadership by building a sense of being a problem solver and stressing on the idea of human civil responsibility. Finally, Mr. Sequeira dealt with “Future-proofing Challenge 3: Personality Development and Attributes”. He recommended that students learn and develop themselves, have a vision and passion for work, and not get caught in a race for monetary gain. They should instead be driven by competence, contributions and character development – these words seemed like a fitting conclusion to this inspiring session.

Student Contributor: Digya Soni

Student Photographers: Akshat Jhalani, Subham Pareek, Saurabh Kumawat.

Categories
Blog Jaipuria Lucknow

National HR Summit organized by Jaipuria, Lucknow has important lessons about the Millennial Generation

Jaipuria Institute of Management, Lucknow recently organized its National HR Summit that brought dignitaries from industry and academia together. The summit, held on 17th October, had “Attracting and Retaining Millennials: Opportunities & Challenges” as its theme and it shed light on important issues in the world of human resources. Thus, the institute managed to create a highly relevant and useful learning experience for the students through this much talked about summit.

Given the magnitude of the event, it was not surprising to see big names make their presence felt at the summit. These names included: Mr. A. K. Mathur, Secretary, Lucknow Management Association, AIMA, Mr. Prashant Srivastava, Head (HR), Orient Electric, CK Birla Group, Mr. Anshumal Dikshit, VP (HR), Arvato Bertelsmann (India), Mr. Sumant Pai, Head (HR), Yash Papers Ltd, Ms. Debyani Sinha, DGM (HR), NEC Technologies; Mr. Harshit Malviya, Regional Head – HR, Mahindra Finance, Mr. Mayank Chandra, Managing Partner, Antal International Network, and Ms. Neena Dayal, Capability Building Specialist, Mental Resilience Coach and writer.

Dr. M. Ashraf Rizvi, Director, Jaipuria, Lucknow started off the proceedings with his welcome speech after the ceremonial lighting of the lamp. His talk reflected on the differences between the Baby Boomers and the Millennials. He also discussed the efforts taken by companies to attract and retain Millennials. On this topic, Mr. Mathur drew on the example of Google, saying, “There is a paradigm shift in the corporate world and the government sector in India is not able to tap into the potential of its talented work force.” Prof. Mirza Saiyadain, the Chairperson of the summit, then compared the present recruitment scenario with the past and opened the floor for further discussions.

Thus began Technical Session 1 that focussed on “Attracting and Retaining Millennials”. Sharing his experiences, Mr. Srivastava talked about the new dimension the Millennials have added to the corporate world, saying, “Real time feedback, honesty, transparency, innovation and strong social conscience are some of the aspects that Millennials value a lot.” Mr. Dixit added to this point, and suggested that in today’s world there is more emphasis on a diversified work culture, which leads to a broadened mindset of employees. Mr. Pai looked at the Millennials closely when he said, “They are a lot of ideas, but they will not become great until they are implemented. A company will only give what is put into it.”

Technical Session II took the discussion further by emphasizing on the issue of “Challenges in retaining Millennials”. Mr. Chandra Shekhar explained important elements needed to retain members of this generation, saying, “Instant gratification, a flexible life style, safety, an attractive work environment, a larger perspective, diversity and collaboration, brand loyalty and a culture of appreciations is the key. Millennials want to get assessed on quality and quantity, but managers agree on punctuality and career progression, which is a gap that needs to be addressed.” Ms. Shalini Naagar believes that the Millennials are concerned about society and prefer enhancing themselves, friends and environment, rather than gaining prestigious positions in organizations.

Mr. Indrajit Gupta also made a strong statement when he said, “No business can succeed unless Millennials are attracted, engaged and retained in their job, as they are soon to become more than 50% of the workforce, a percentage which cannot be ignored.” After the invigorating discussion, Ms. Nikita Srivastava and Ms. Pallavi Tiwari, students of the 2016 batch, made a PowerPoint presentation on ‘Exploring Candidate Expectations’. Students Mr. Syed Ahmed Bilal, Ms. Jahnvi Singh, Mr. Alok Verma, Mr. Ashraf Asif Siddiqui, and Mr. Ali Taabish Noorani then took part in a panel discussion on “Millennials: A New Generation with New Expectations”, which made several interesting points that were embraced by the gathering.

“Meeting the career expectations of the Millennials: Attraction and Retention” was the final panel discussion for the day. It had Mr. Anshumal Dikshit, Ms. Debyani Sinha, Mr. Harshit Malviya, Mr. Mayank Chandra and Ms. Neena Dayal making valuable contributions that had the students in the gathering enthralled. The good news for the students was that they also had an opportunity to ask questions and interact with the dignitaries on the panel. The leading lights took the time to answer all the doubts students had in their minds, thus ensuring that the summit had achieved its objective and was a fruitful experience for all.

Mobile Section

Speak to a Counsellor Helpline Download Brochure Apply Now Chat With Us