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Jaipuria Lucknow hosts its 19th Annual Convocation

A Management Institute is evaluated based on the academic performance of its students, student placements and alumni. Jaipuria Institute of Management has a remarkable record of 600 placements as of May 2015. The excellent student performance during 2013 to 2015 and the alumni produced, was witnessed at the Nineteenth Annual Convocation held on the 2ndof May, 2015, and graced by Shri Bibek Debory, the eminent Indian Economist as the Chief Guest. Chairman, Shri Sharad Jaipuria, Vice Chairman, Shri Shreevats Jaipuria, Director of the Institute, Prof. Ashraf M. Rizvi, the esteemed members of the Board of Governors and the Academic Council of Jaipuria Institute of Management, Lucknow, were also present at the occasion.

Shri Sharad Jaipuria welcomed the Chief Guest, other dignitaries and the congregation. Prof. Ashraf Rizvi spoke of the milestones achieved by Jaipuria Institute during the academic tenure of 2013-2015. He extended his warm wishes to the graduation class, while also encouraged them to be goal-oriented and value-based in their approach to life.The Chief Guest, Mr. Bibek Debroy, while congratulating the students for their success, expressed the hope that they “get what they want” in life rather than “want what they get”. Speaking on the subject of education, he emphasized the need for an education system that encouraged entrepreneurship and the need for a transition from ‘licensing’ to ‘regulation’ in the system.

A total of 306 students successfully completed various programs: 2-year full-time PGDM;2-year full-time PGDM (Financial Services);2-year full-time PGDM (Retail Management); and 3-year part-time PGDM programmes. The diplomas were conferred on successful candidates by Shri Sharad Jaipuria, Chairman, Board of Governors of the Institute.The ‘Student of the Year 2015’ trophy was presented to Nikita Mehra for exceptional scholastic performance in the various two-year full-time Post Graduate Diploma in Management program. She was also conferred with the Chairman’s Gold Medal; Angita Bordoloi and Khushboo Jagtiani walked away with the Vice Chairperson’s Silver Medal and Shoumi Bhattacharya was awarded with the Director’s Bronze Medal in the full-time PGDM Program.

Pooja Srivastava was presented with the Chairman’s Gold Medal in Full-time PGDM (Financial Services) Programme and Sarvjeet Kumar Dubey was awarded the Chairman’s Gold Medal in full-time PGDM (Retail Management) Programme. Ananga Das was given the Chairman’s Gold Medal in Part-time PGDM. Three Alumni were awarded the distinguished Alumnus Award.

Mr. Anand Narain Kapoor, VC and Owner, Midcom Group, and Mr. Akash Kapoor, MD, Midcom Group were presented with the Entrepreneurship Award. The award for Corporate Excellence was given to Mr. Anshumal Dixit, Country head HR, Arvato – Bertelsmann, while Mr. Vijay Goel, partner with Singhania group of companies, was awarded for Notable Public Service.The Faculty award went to Dr. Raj Kumar Ojha. The Convocation Souvenir was released and a Vote of Thanks proposed by Shri Shreevats Jaipuria.

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FACULTY Speaks Jaipuria Indore

Jaipuria Director Dr. Halve encourages students to look at Entrepreneurship as a career option

“Entrepreneurship is a mindset”, says Dr. Harsh vardhan Halve, Director, Jaipuria Institute of Management, Indore.“There is no age limit to being an entrepreneur”, he adds. According to Dr. Halve, this is an excellent time for entrepreneurs in India since the country’s economy is growing: “We are in the expansion phase and the world is looking at India today as an expanding market, so why shouldn’t we leverage this opportunity?”

Dr. Halve says entrepreneurship is about creating value from creativity. However, money may not always be the objective – it could also be self-satisfaction: “ Look at Prakash Amte. He is a doctor who has been working for the development of tribal people all his life. His work has translated into a hospital, Lok Biradari Prakalp Davakhana, a residential school, Lok Biradari Prakalp Ashram Shala, and an orphanage for injured wild animals, the Amte’s Animal Ark”. Entrepreneurship doesn’t always mean a multi-million dollar enterprise.

Entrepreneurship, according to Dr. Halve, is sector independent. People often try to do the trendy things; for instance, currently everyone is talking about e-commerce and mobile applications. However, there are creative individuals who are innovating in other sectors as well. The first step is to look within and discover your passion and then identify the gaps in the market in that area and possibly invest and create a business around it. It is the passion, in the end, that derives value: “ I have recently seen an excellent case in the U.S. during my recent U.S. visit, I discovered a brand called ‘Mrs. Fields Cookies’ named after the founder, Mrs. Field. From her childhood, she was passionate about baking cookies and her cookies would always have a very fresh smell. Fortunately, she got married to an economist who was working with Stanford University, and he encouraged her to convert it into a business. He focused on the joy she felt whenever he or their friends and relatives requested a batch of cookies. The freshness of her cookies became the USP of the business. Today, there are over one hundred stores in five countries and the USP is freshly-baked cookies. After forty minutes, the baked cookies are not served to the customers, since the maximum survival time after cooking is forty minutes. Even without her now, the same smell is being maintained in all these stores. That’s operational excellence.”

However, businesses need knowledge to set up and run. Jaipuria is the only institute that has started an entrepreneurship course as a core course, which is compulsory for every student who is pursuing PGDM. Dr. Halve has created simulation games around the course to help students experience real-life scenarios. He thinks being an entrepreneur is far more satisfying than holding a job, and he says that most people realize this after spending a few decades as an employee. However, he feels that innovation is the true key to a successful and sustainable business, rest is following, which does not create value for the society.

Dr. Halve believes that Indians are slow starters as far as entrepreneurship is concerned – this is, he explains, largely because of the challenges of social security. Our social and economic environment has been a challenge so far and risk-taking has been limited. However, courses like ‘entrepreneurship’ can mitigate that risk and help a creative person manage the business she aspires to.

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Blog Jaipuria Jaipur

“Did you forget an answer in your PI or could not speak in GD? Words of advice by Dr. Prabhat Pankaj, Director, Jaipuria Jaipur on how to tackle the situation.”

All management aspirants who want to a bag a seat at a top B School have to navigate the crucial Group Discussion and Personal Interview. These are important opportunities for candidates to make a lasting impression. Dr. Prabhat Pankaj, Director, Jaipuria Institute of Management, Jaipur, reveals the secrets that can help students ace the selection process. Shedding light on the importance of the GD he says, “It’s not only meant for assessing the candidate’s knowledge of current affairs, but also to measure his or her ability to respond to their teammates.”

However, he is quick to point out a GD with low intensity participation does not reveal much, while one with hyper and temperamental participants kills the very purpose. That’s something his institute realized early, which led them to begin to focus on Case Analysis. According to Dr. Pankaj, there are several benefits to CA: “CA allows a candidate to live a virtual situation where there is a need for making decisions. The candidate has to take a stand which reveals her/his overall perception, personality, decision making ability, and ability to construct arguments.”

Dr. Pankaj also has advice for those who might not be in tune with the topic of discussion and, therefore, might struggle to make an impact. In those situations, he believes that the best strategy is to wait and listen carefully to the others in the GD before presenting a counter-argument. He states, “The first mover is not always an advantage unless you are able to make a meaningful beginning. There is an ‘interjector’ advantage. An interjector presents contradictions through good examples. There is a ‘leadership’ advantage, wherein one can bring the discussion back on track.”

However, all the efforts made by students in the GD can come to a naught during the Personal Interview. Dr. Pankaj says that’s because the two are completely different processes. “GD is about your ability to put forward points, contextualizing them, and convincing others,” he explains. “The PI does not depend so much on instant preparation, but a lot on how you have been thinking about those questions. Besides that, body language is important: sit straight, look into the eyes of the interviewer while answering questions. Dress appropriately and wear a smile.”

For those who tend to go blank during the interview, Dr. Pankaj has some helpful tips as well. He suggests, “Never look blank, or scratch your hair. The best way is to ask for time to recall the answer. Keep your cool and focus on finding the answer; but if you can’t, accept the fact that, unfortunately, you are not able to recall the answer just now. The interviewer will move on to the next question and it will not be considered a negative, especially if you could answer subsequent questions.” Now, that’s pretty helpful advice that management candidates can benefit from.

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Blog Jaipuria Featured Stories Jaipuria Jaipur Events

Jaipuria Jaipur organized a Finance Conclave on the theme “Recent Surge in Indian Stock Market: Is it fundamentals led growth or Sentiments?”

On March 21, 2015, Jaipuria Institute of Management, Jaipur organized a Finance Conclave. The occasion witnessed the presence of eminent personalities: Dr. Kapil Arora, Associate Professor (Finance), JK Lakshmipat University, Jaipur; Mr. K C Sharma, Retd. GM, Bank of Rajasthan; Dr. Satish Kumar, Assistant Professor (Finance) Malaviya National Institute of Technology (MNIT) Jaipur; Mr. Manish Gupta, stock market analyst and founder, Future Capital Advisors; Mr. Gaurav Goyal, Regional Head, SunteckWealthmax; and Mr. Arpit Gupta, Equity Research Analyst and Founder, Achievers Institute.

While addressing the inaugural session,Dr. Swati Soni, Dean, Jaipuria Institute of Management, stressed the relevance of the topic in times of rising markets and market expectations of high growth in Indiaowing to a stable government and improving macroeconomic fundamentals.
Prof. Prashant Sharma, Assistant Professor, Jaipuria Institute of Management delivered the opening remarks by putting forth the need for highlighting the two different factors responsible for the market movements – i.e. fundamental and sentimental.

Dr. Satish Kumar, Assistant Professor, MNIT, Jaipur and moderator of the panel discussion, discusses the “irrational exuberance” persistent in the market and the need for tackling challenges, including the fiscal deficit, a huge piling of NPAs of public sector banks, high inflation and a bleak global outlook for improving the long term prospects of the market.

Dr. Kapil Arora, Associate Professor, JK Lakshmipat University, Jaipur, highlighted the role of herd mentality and behavioral finance perspective in the movement of financial markets. He emphasized the focus on financial services, digital connectivity, retail, education, power and agriculture to bring about long term growth in the financial markets.

Mr. Manish Gupta, stock market analyst and founder, Future Capital Advisors said that he is quite bullish on the stock markets. With a lot of liquidity available around the world with FIIs, Indian markets have a golden period looking ahead. Major shares may be trading at all-time highs, but still they could be bought as the markets are slated to beat all previous records.

Mr. K.C Sharma, Retd. GM, Bank of Rajasthan, emphasized that the movement is primarily because of sentiments. The significant fall in the stock index after the passing of the Union budget signifies that however strong the growth measures may be in the budget, the market is based more on daily news and sentimental factors. He stressed that though the market may be flowing with huge liquidity due to a recent decline in the repo rate, the liquidity does not result in building up of infrastructure and growth but does find its way into the speculative activities like stock markets.

Mr. Gaurav Goyal, Regional Head, Sunteck Wealthmax, talked about the importance of patience and discipline in stock investing.

Mr. Arpit Gupta, Equity Research Analyst and Founder, Achievers Institute, put forth two perspectives for analyzing the stock markets. He emphasized that though the market is overvalued currently with P/E ratio 23 times and P/B ratio 3.6 times, the EPS and ROE growth rate has not increased, reflecting that the market is based more on sentiments.

In the end, Prof. Bhawani Singh Rathore, Assistant Professor, Jaipuria Institute of Management delivered the vote of thanks to all the guests and participants. He thanked all the experts for deliberating on the topic, which is very much relevant in a time when India is gearing up for a double digit growth rate.

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Jaipuria Lucknow STUDENT Speaks

“Being a science student, accounting and finance were new to me. But the faculties, and my batch-mates at Jaipuria Lucknow, helped turn them into my strength.”

“During my first year at Jaipuria Lucknow, I realised that my inclination was more towards Finance subjects. I enjoyed picking up all kinds of information about Finance from the newspapers, TV, Internet or discussions with colleagues at Jaipuria Lucknow. By the end of the first year, I had decided that I would specialise in Finance. Banking became my dream sector.”

In 2011, Jayanti cracked her summer internship with the Union Bank of India regional office, Allahabad. Her project was ‘Assessment of working capital requirement of export finance with special reference to carpet export’.

“My project mentor at Union Bank of India was Mr. Sanjay Narayan, Senior Manager, Credit. Under his guidance, I was able to learn a lot about Banking Finance, which further strengthened my interest and inclination towards Finance. The best part was that if I needed some clarification, I could pick up the phone and call up my faculty guide at Jaipuria Lucknow, regardless of the time of day.”

This summer internship played a major role in grooming Jayanti for the banking sector; not just in terms of knowledge about finance, but practical exposure to the sector as well. It prepared her well for the placement season in Jaipuria Lucknow, especially her interview with Oriental Bank of Commerce.

“The interview panel initially asked me to introduce myself and there were some questions regarding my family and educational background. This made me quite comfortable with the interview. Then, there were some questions on finance subjects, but very soon the interview turned into a discussion on my summer training project. Once this happened, I was able to take the interview to a desirable conclusion.”

Jayanti believes that ‘being confident’ is the mantra for facing any interview. She feels that the placement process is a mix of success and failures; patience and determination is necessary to succeed. Ultimately, hard work always pays.

“Being a Science student, Accounting and Finance were new to me. I did face some difficulties but gradually, with the help of faculty, the well-managed teaching pattern and my batch-mates at Jaipuria Lucknow, I was able to turn these subjects into my strength. During the placements, extra classes were conducted to align us with the expectations of the industry, which proved to be very useful.”

Jayanti believes that life in Jaipuria Lucknow is absolutely amazing; she feels it has completely shaped her professional path as well as her personality. She fondly remembers Talaash, a fest which is more like a talent hunt from among the first year students. Over her two years at Jaipuria Lucknow, she participated in numerous events, and won the 2nd prize in badminton. As a member of the alumni committee of Jaipuria Lucknow, she had the privilege of coordinating alumni meets for various chapters.

All in all, Jayanti is very happy with the decision she made about studying here at Jaipuria Lucknow.

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Blog Jaipuria Featured Stories Jaipuria Lucknow Events

Alumnus Ms. Pragya Mathur comes back to her institute to make students aware of the opportunities in the ever-growing field of HR.

It was a homecoming of sorts for Ms. Pragya Mathur, alumnus, Jaipuria Institute of Management, Lucknow, who was back at the institute to deliver a session on Human Resources. In her eight years’ professional career since the PGDM, Ms. Mathur has made giant strides and is now the Chief Manager, HR, Dainik Bhaskar Group. Hence, the talk on “Role of Training & Development in HR” was not only educational for students, but they also gained insight from the experiences shared by Ms. Mathur, which made the topics of the talk easier to relate to.

Ms. Mathur’s is a success story. In her prolific career so far, she also held the position of Senior Manager, Reliance General Insurance, which gave her a good foundational knowledge of the field of HR. That might not be surprising for a student who had been a Gold Medalist in HR during her PGDM. Due to this experience, her presence alone was inspiring enough for the students who were keen to emulate her success. Her deep understanding of the subject helped them gain further knowledge about the field where employment opportunities are growing in leaps and bounds.

In fact, Ms. Mathur was of the opinion that HR has opened new horizons for young professionals who have brilliant opportunities ahead of them. Some of the important avenues of HR she recounted included, “Retention, recruitment, reward and recognition, work life balance, learning and development, and to build brand equity for HR. Learning and development, in particular, acts as game changer and is also concerned with organizational activity aimed at bettering the performance of individuals and groups in organizational settings”.

Throughout her talk, it was obvious to students that HR offers them exciting opportunities. This is important for students as explore the many directions that they can take in their careers. Being a student of the institute herself, Ms. Mathur could use anecdotes and share experiences that instantly struck a chord with students. What’s more, she also participated in an interactive session, which gave students a comprehensive learning experience that included a peek into the real world corporate life of an HR professional.

Reflecting on her own journey in the field, Ms. Mathur said, “It has been quite motivating. From my experience you need to be a ‘buddy’ to your colleagues and not their trainer. It helps you gain their trust, which is crucial to make people believe in you and make sure they work out of security rather than pressure.” She also talked about the importance of small things like wishing colleagues well on their birthdays, responding to their messages and trying to sort out their problems, which go a long way in building a bond with them.

It was interesting to hear Ms. Mathur talk about the importance of what you learn from books, because everything that gets implemented in the corporate world, is in them already. She also had helpful advice for students during the transition period of becoming full-fledged professionals: “There is a three month adjusting period when you enter the corporate world. It’s a process you go through and is a learning experience. I am glad Jaipuria, Lucknow prepared me for it because I had the confidence to outshine students from IIMs”. With her experience and unending success, students would be wise to listen to these parting words. After all, Ms. Mathur is not only an alum who wishes them well; she is also an individual who has embarked on a path that many of them hope to emulate.

By Line: Richard George, Coordinator Media, PR & IT Team.

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Jaipuria Indore Whats New

“The fusion classes which we were exposed to at Jaipuria changed our perspective significantly,” says Vatsal while discussing about his placement with XL Dynamics

Vatsal Bagadia spent most of his life in a bustling urban environment; but, when it came time to research management programs, he knew he wanted a change- both in terms of quality exposure and management understanding. That was the reason he decided to do his PGDM at Jaipuria Institute of Mangaement, Indore. Little did he know, however, that not only would he be offered a “change in the landscape of learning”, but also an opportunity to completely transform his life. And, what was the result of his decision to attend Jaipuria Institute of Management, Indore? An impressive, placement with the renowned company, XL Dynamics.

The well-earned placement with XL Dynamics has set the aspiring entrepreneur on the right track. Vatsal wants to use his learning at the institute as a guide in his professional life, as well as future business ventures. He is immensely grateful to his institute for giving him a solid educational platform: “I was given all the facilities to ensure that I had a comprehensive learning experience. The learning environment was conducive to my growth as an individual”.

Vatsal also told us about the different activities promoted by his institute. The goal of these activities is the well-rounded development of students, in addition to preparing students for the pressures of the corporate world: “Group assignments and presentations with a specific deadline were helpful in understanding the value of time management and team effort. Rigorous working schedule inside and beyond the classroom also helped us to a great extent”.

But, of course, Jaipuria, Indore offered students like Vatsal a taste of a real life corporate experience by giving them a chance to interact with industry professionals. He also talks about the decentralization of responsibilities during events, which helped students improve their ability to work as individuals, as well as part of a team. “Each one of us had to handle one responsibility or another and it made us aware of what was to come in the future”, he says. “Being able to interact with corporate professionals was a big boost too”.

There is one particular activity that Vatsal believes left a deep impact on his learning experience. “It’s the fusion class, which focused on different aspects of self-development, including communications, preparing for real life interviews, etc. There was a lot to learn from that class; right from discipline to maintaining a down-to-earth attitude, and respecting your peer group. For me, this class was a game changer in many ways”.

Vatsal encourages his juniors to take advantage of initiatives like these that will guide them towards their overall development. He also shares his own mantra to get through the program with flying colours: “Hard work with a hint of smart work is the key. You need to keep yourself constantly engaged in things that will help you learn and grow. At times, there might be no logical reason or reward for hard work, but you should persist as results will follow”. Judging by his success, Vastal’s mantra is a good approach to succeeding as a student and as a professional.

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Jaipuria Indore Whats New

The latest National Seminar on the Union Budget organized at Jaipuria Indore keeps the focus firmly on the Youth, and involves students to the fullest

Jaipuria Institute of Management, Indore organized a National Seminar on “Demystifying the Union Budget” on the 13th of March, 2015. The Budget is a much discussed topic, and it has assumed great significance this year given that it came from the new government that has promised to implement important economic reforms. Moreover, it came at a time when the world is taking notice of India’s growing economy. But as is well known, the youth of the Nation plays a major role in building its economy. The seminar tried to involve them in the discussion, while offering offered valuable insights about the budget.

The focus of the Youth-oriented seminar was an analysis of matters of significant importance to the nation, economy and society at large. In keeping with the theme of the event, it was coordinated by students under the guidance of Dr. Bakhshi and Prof. Kalyani Parmal, faculty of Jaipuria Indore. Thus, not only did the seminar offered students the experience of hosting an event of such magnitude, it also created a dynamic and democratic platform for them to introduce fresh perspectives and present their views on the Union Budget.

The seminar was divided into two segments: the Analysis by Experts in the Technical Session followed by the Presentation Competition for the Students. Dr. Nitin Merh, Assistant Dean offered the keynote address, which was followed by a compelling talk by Dr. Priti Bakhshi. According to her, “discussing [the] Budget is not just an intellectual exercise – it is also about balancing the books and a practical accounting effort. It is a highly delicate balancing act and gives some directions or a road map to achieve a particular growth.”

Mr. Shravan Garg, Ex Chief Editor, Naidunia, was the Guest of Honour. He covered the important area of the Budget’s impact on FDI, Retail, FMCG, Real Estate and Infrastructure. He also discussed how it had would affect average citizens and corporations alike. The panel discussion that followed had eminent personalities like Dr. Ganesh Kawadia, Head, School of Economics, CA Manoj Gupta, Tax Practitioner, Mr. Ashok Badjatiya, President, GIST and CA Anurag Joshi. Each panelist made crucial points that connected with the Youth.

Discussing everything, from the expectations of the budget to the impact it has had on various industries, the panelists drove home their points through relatable examples. The experts spoke about how the budget had affected Direct Taxation and shed light on matters like Make in India, Social Security, Capital Market, Corporate Finance, Real Estate, Manufacturing and more. The Open House session that followed allowed the students to raise questions, share their doubts and express their perspectives on a wide range of matters, which impressed the esteemed panelists.

The “Post-Budget Analysis” inter-institute Presentation competition was in keeping with the seminar’s theme of involving youngsters in the larger discussion about economic matters. Students were up to the task as they came up with well-researched presentations on different aspects of the economy. A highly-engaging question and answer session with the panel of judges followed. Thus, the event that brought together industry experts, academics, media professionals and students from leading management institutes came to an end.

The winners of the competition walked away with handsome cash prizes. But everyone was going home richer in experience, notably the knowledge that the Youth of the country is a crucial stakeholder in its economy.

Writeup Courtesy: Madyantika Mehra
Pankaj Prabhat, PGDM 2014-2016

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Blog Jaipuria Jaipur

Panel discussion on Union Budget at Jaipuria Jaipur becomes a great learning experience for students.

On the 3rd of March, Jaipuria, Jaipur held a panel discussion to discuss the all important Union Budget. “Unveiling Possibilities for ‘Make in India’ was the theme of the session, and many leaders in business attended to share their views on the newly released budget. The panel focused on the impact of the government’s first full budget; it is a budget that Indian citizens expect a lot from, so the panelists were brought together to provide meaningful insight about its relevance and possible effectiveness. Altogether, students were given an amazing opportunity to listen to leaders in respective fields discussing a topic of national interest.

Some of the big names present on the panel were Dr. Vijay Vir Singh, Professor and Director, Planning Commission Chair, Department of Economics, University of Rajasthan, Jaipur; Dr. Nesar Ahmad, Coordinator, Budget Analysis Rajasthan Center (BARC), Jaipur; Mr. Arvind Singh, Principal Correspondent, Times Now, Jaipur; and Mr. K C Sharma, Retd. GM, Bank of Rajasthan. Together, they participated in a lively discussion filled with invaluable insights that created an enriching experience for all the students in attendance.

Dr. Prerna Jain gave the welcome address and emphasized the importance of this budget for Indian economy. Dr. Prabhat Pankaj, Director, Jaipuria, Jaipur then focused on the changes that are being brought about by this budget and their significance. According to him, “It can lead to double digit growth; but for that to happen, the hurdles along the way need to be addressed.” Prof. Bhawani Singh Rathore then streamlined the themes of the conclave, which included fiscal consolidation, public spending in infrastructure, tax reforms and a focus on easing regulations on businesses.

The panel discussed a wide range of important business and economic concepts that management aspirants will factor into their decisions as professionals in the future. The opportunity to hear experts in the field discuss the budget gave students not only a basic understanding of these concepts, but also insight into their practical implications. The speakers showed great acumen when sharing their views about the different ideas propagated by the budget; in addition, they supported their ideas with examples that kept things simple and relatable for students. For example, Dr. Vijay Vir Singh focused on competiveness and growth, which are two important aspects of the budget. He was of the opinion that, “For India to achieve competitiveness the challenge lies in manufacturing zero defect products and cost competitiveness. In order to achieve the reality of ‘Make in India’, we have to work towards make India; we have to rebuild and create infrastructure.” He also highlighted the crucial point that two of the world’s largest economies, India and China, will have the lowest figures in terms of net job creation. This is, all panelists agreed, alarming.

Dr. Ahmad had another interesting take where he contrasted the trickle-down effect with a bottom-up approach. For him, the most important element of the budget was that it accepts the recommendations of the 14th Finance commission for sharing 42% of the central taxes with states and hence stresses on “cooperative federalism”. Mr. Arvind Singh wanted to know, “What will India make to become a Superpower. India has been a trading country and becoming a manufacturing hub might be a distant reality.”

Mr. Sharma kept up with the tone of the forthright discussion when he said that the budget has created a roadmap for double digit growth by focusing on the middle class. He believes, “The Finance Minister has been in a comfortable position with regards to Fiscal Deficit, Inflation and Current Account Deficit. Hence, ‘Make in India’ has been channeled in direct and indirect ways.” Thus, the discussion moderated by Dr. Anvay Bhargava brought to light important elements and missing links of the budget, which was a thoroughly helpful exercise for the students.

By Line: Keshav Sood

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Blog Jaipuria Featured Stories Jaipuria Noida Events

HR COHORT- Are You On The List – Emerging HR Leaders!

There are many labels for HR professionals: leaders, architects, stewards, partners, or players. Image and identity are important because they shape behavior, and HR professionals know many of the images they want to shed; e.g., policy police, bureaucrats, administrators, regulators, etc. It is less clear what the future identity of HR should be. In all probability, multiple roles will be played by HR professionals depending on the business context and the proclivity of the HR professional; however, knowing alternate and varied roles increases the possibilities in the ever-changing business landscape. As a result of the quick pace of change, HR work will be housed in organizations that differ greatly from what we have today. And, as organizations become more of an assortment of alliances and relationships, HR practices will also need to cross boundaries.

The HR conclave organised by PEOPLE MATTERS at Jaipuria Institute of Management, Noida, on the 17th of March, 2015 was initiated by Col.A.K.Rajpal, who welcomed the honorable panelists, guests and our respected director Dr.R Thakur. According to Col.Rajpal, life in the 21st century is a baffling cocktail of existentialism, surrealism and co-relations where the utopian ‘instant gratification’ plays an important role. Instant gratification is evolutionary where we prepare and proceed –there is no quitting and only self-enlightenment. It is attitude that makes the difference and initiates the “paradigm shift”. This is the new leadership!

The session of panel discussions opened with the same word “paradigm shift” and its importance in HR.Moderator Mr.Sunil Pathak, Director of HR at Cadence Design Systems, talked about a paradigm shift as something that is taking place in the contemporary understanding of the role of human resources in development. Support for the supply-sided human capital model rests on the proposition, not yet established empirically, that it leads to more rapid rates of development than alternative approaches. The human resources development strategy stresses that human resources is both producers and the intended beneficiaries of development. It thus focuses on the achievement of human development directly, as well as indirectly through investment in human capital, and emphasises the role of rewarded economic activity and demand in the successful implementation of human resources development.

Ms.Isha Gera, Manager People Strategy at Sapient Nitro, discusses the importance of the frameworks and concepts in HR. She also stressed that adaptability and agility are qualities that need to be embraced in order to survive in today’s competitive business environment.

Mr.Akshay Chadha, HR Standard Chartered Bank, shared his views on the feedback system and the learning experience derived from it that allows HR professionals to implement programs of ethics and values. He was consistent about the mandatory need of the hour-personal branding and independent understanding.

Ms.Geetanjali Kulkarni, Sr.Manager HR, Ericsson, emphasized HR’s role in being a persistent learning platform, which is beyond the traditional idea about HR. It is about value additions, thought processes and business, and not just about socialising and conversations.

Ms.Anu Anand shared her insights on the justification of right matrix, which is the base of the functional aspect to maximise holistic learning. Talent is not all about the innate quality; it can always be imbibed through an openness to the wealth of knowledge that an individual has access to.

Ms.Divya Jain, Asst. Vice President, Right Management, talked about the convictions, integrity, credibility and the need of challenging oneself to reach the highest level of success. It is the passion that takes someone to new heights – vital to this ascensions the passion of learning and learning to manifesting.

The traditional HR practices of staffing, training, performance management, benefits, regulation, labor relations, and so forth will not go away; but, they will become the table stakes for HR, with new practices emerging constantly.If our purpose is to propose a debate about the future, it is better to end with questions than with answers. Questions elicit new frameworks, approaches, and alternatives so, the final two questions to be asked are: Do you want to play in this always changing and at times unclear future? Are you having fun? Without a doubt, all the fine authors in this issue and many others considered to be among the best HR professionals answer with a resounding “yes.”

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