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Jaipuria Noida STUDENT Speaks

Ikroop Kaur Kalra’s PGDM specialization is Marketing and she is now the new Asst. Store Manager to one of India’s celebrated retail fashion brands

There were 20 students from Jaipuria Institute of Management, Indore campus who sat for the Aditya Birla Fashion & Retail’s interview process. “Each one of us were focused and absolutely determined, with everything we needed to outshine in the selection, however, I was sure I wouldn’t be beaten at any cost,” remarks Ikroop who is going to get on-board with India’s leading fashion retail house as a Assistant Store Manager to begin with.
Ikroop was tested throughout the selection. With one question coming after the other from across the interviewer’s side, Ikroop knew she had to keep calm. However, the trickiest was- “why don’t you join your father’s already established business and make more in it?” And, she had her answers up her sleeve. The girl from Bhopal wishes she had just dealt one question a bit better and that was- “what are few things you would want to do to motivate your stuff?” But, what matters is- it all ended well.
Being an Assistant Store Manager, Ikroop would need to look after achievement of sales target, store operations management, focus on the requirements of the customers, ensure customer service quality, and everyone at store. As she had opted for Marketing as one of her specializations, she feels completely at home with her new roles and responsibilities. “At Jaipuria, Indore we are trained in a very immersive ecosystem and curriculum. I have been imparted with both theoretical and practice oriented concepts under Retail Marketing. Field visit to Big Bazaar and other departmental stores were organized to impart us with clarity on- how stores are managed. We were taught how various concepts of Visual Merchandising work, retail shrinkage, retail formats and layouts, ruture retail trends like Bit coins, artificial intelligence, augmented reality, etc.,” explains Ikroop while talking about her strength areas and how she will add value to her organization with a sound PGDM education in her kitty. Adding to all of it, her summer internship with HDFC bank during her first year at Jaipuria, Indore had her taste the corporate world where she could open 8 savings account in 45 days. Experiences like that are invaluable indeed!
Ikroop was at Jaipuria Institute of Management, Noida campus when the news of her final selection arrived. “I was overwhelmed with phone calls from my friends and colleagues and it was after 15 or 20 minutes that I could finally call my parents about the offer from Aditya Birla Retail and that was when I felt complete,” she says.
This dynamic, young and ambitious Jaipurian is all set to begin her corporate sojourn from 4th February, 2019 and she wishes her teachers to remember her as a honest, disciplined person with a good presence of mind.

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Blog Jaipuria Featured Stories Jaipuria Lucknow Events

Jaipuria Lucknow hosts its two-day conference on Corporate Governance and draws attention from the best in the industry

Jaipuria Institute of Management, Lucknow recently hosted its Eighth National Conference amidst much excitement and fanfare. Themed Corporate Governance (IIC 2013) the conference brought several leading lights from the industry on the same platform. One of the objectives of the institute is to offer its students a comprehensive learning experience by exposing them to the influences of real world corporate scenario. And the conference, held in the same vein, turned out to be a huge success

The two day conference began on 21st December 2013 with Mr. M. Damodaran, Former Chairman, Securities and Exchange Board of India inaugurating it. Mr. Damodaran has been member of the premier Indian Administrative Service, Manipur – Tripura cadre, since 1971 and has worked with the State and Central Governments in different positions. He is also a renowned voice in India’s financial sector.

Mr. Ashish Kumar Chauhan, Managing Director & CEO, BSE Ltd delivered the keynote address and set the ball rolling for the day by talking about the positives and negatives of the corporate world. According to him, “Conceptual technologies like invention of zero, double entry book keeping system, creation of corporate have their importance in time. The definition of corporate governance has evolved over a period of time and the corporates are now largely answerable to the youth.”

Mr. Damodaran went on to elaborate on the matter of corporate governance by saying, “It should be done in a manner that is consistent with the interests of stakeholders. Content in corporate governance is more important than its structure and mere compliance to regulatory framework is not governance.” He then went on to urge the youngsters to participate actively in the functioning of corporate governance.

Dr. Pankaj Gupta, Director General, Jaipuria Institutes of Management gave a vote of thanks and the IIC 2013 Souvenir was released. But the gathering’s appetite had just been whetted and they were looking forward to the next sessions with great anticipation.

Session 1

Mr. R. K. Dubey, Chairman and Managing Director, Canara Bank Limited moderated the first session of the conference based on Finance and Corporate Governance. He talked about the virtues of transparency, compliance and risk management in corporate governance before adding, “A company’s performance is reflected in the effectiveness of its boardroom dynamics.”

Dr. A.C. Mahajan, Chairman Banking Codes and Standards Board of India brought the impact of global financial crisis into the picture and talked about how businesses have had to reconsider their corporate governance. It was quite an insightful session that had complete attention from the audience throughout.

Session 2

This was a session on Legal Perspectives on Corporate Governance and brought Justice Sudhir K. Saxena, Honourable Judge, High Court of Allahabad to the panel. By citing examples of companies like Walmart and Satya he made his point, “Good governance is one that needs to be governed the least.” Mr K.V. Viswanathan, Additional Solicitor General of India took the message forward. He was of the opinion that corporate governance is a three-fold concept that includes sustainable business, generating long term value, and ensuring benefits for all stake holders.

Mr K.T.S Tulsi, Sr Advocate, Supreme Court was another important speaker on the panel and he made a mark with his inimitable style. He encouraged students to bring in receptance and glory to the Nation and emerge as ethical corporate leaders. It was a truly inspiring experience for students in the gathering as Netri Aggarwal said, “Rarely do we get to hear about legal perspectives in the corporate world. Listening to the bigwigs from the legal system has been a fantastic experience for me.”

Session 3

“Regulatory issues of corporate governance” was the topic of the third technical session meant to be informative for the gathering. Mr Atul Mittal, Director (Tax & Regulatory) Deloitte Touche Tohmatsu India Pvt. Ltd talked about synergy of transparency and ethical values in corporate governance. He said, “It’s a mechanism to increase the efficiency and the growth of the business.” He pointed out real life incidents to drive his point home amongst his audience.

Mr Prithvi Haldea, Chairman PRIME Database then highlighted the structural flaws in the laws of corporate governance and the ambiguity present in their definition. He tried to make the audience understand the importance of consistency, clarity and timely complete disclosure.

His talk drew the first day to an end and the participants went back home completely sated, looking forward to more on the next day.

Day 2 – Session 4

“Technology and Corporate Governance” was the session for the day and Mr. J N Gupta, Managing Director, Stakeholder Empowerment Services Pvt Ltd was at the helm of the matters. He highlighted the role of technology in issues like insider trading, surveillance, and its benefits in audit trailing. Mr. Pawan Kumar, Commissioner of Income Tax said, “The advent and adaptation of technology has made India one of the first countries to use 100% electronic registrations of companies.” With good use of numbers and statistics he made a huge impact with his talk.

Mr. N.C. Bajpai, Chairman of State Planning Commission on the other hand said, “As far as corporate governance is concerned, there is a structured internal accountability whereas in state government, we have diffused multi point accountability. Good governance coupled with technology accelerates development, ensures equity and entitlement to people.”

VALEDICTION

In this session, Dr. Anil Khandelwal, Former Chairman and Managing Director, Bank Of Baroda, shed light on how success can be achieved, making his audience sit up and take notice. He said, “Those who do not face rejection will never be entitled to personal growth; facing pain and rejection makes you successful.” He drew on his personal example where he almost lost his job when politicians criticised him for using orange colour in the new logo of Bank Of Baroda. He said it was seen as his allegiance to the BJP. But Dr. Khandelwal was quick to respond to the criticism as he said, “I’ll remove the colour in the logo as soon as you remove the colour in the Indian flag.” Thus he concluded that higher the risk one takes; greater is the chance of gain.

It was the right note for the conference to end as it had been enriching for the participants who were looking forward to take the ideas they learned to their classrooms and future careers. Said Mansi Srivastava “Not every day, do you get a chance to listen to such well known speakers who are experts in various fields. This conference gave us this opportunity and it’s an experience I won’t forget.” And it indeed turned out to me a memorable experience for many.

Written by: Sanchit Kacker and Soumya Sharma
Interviews taken by: Shubhi Tripathi and Deepti Bansal

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Blog Jaipuria Featured Stories Jaipuria Jaipur Events

Jaipuria, Jaipur students spend a day at Autolite (India) Limited on an industrial visit that ignites their passion for success

A group of 9 students from Jaipuria, Jaipur visited Autolite (India) Limited on 27th December 2013.
It was an educational visit planned by the institute to help students understand the organisation and functioning of the manufacturing unit for automotive lighting and lamps

The visit also served as a platform from which students could learn how their theoretical learning could be put into practice. The students looked forward to the day and it did not disappoint them at any level.
Autolite Group, known for its progressive and dynamic approach to business, proved to be the perfect setting for students to learn more about industry operations which are its backbone.
The company is known for producing innovative products and offering them to consumers at reasonable prices. From automotive head lamps to halogen lamps, fog lamps to work and LED lamps, the company produces a wide range of products that have become a well-known name in the market.
At the manufacturing unit visited on the day, students were taken through all the processes involved in the light manufacturing unit.

It was an exciting experience for the inquisitive visitors took an avid interest in the production set-up. They were guided by their mentor Dr. Nidhi Vashishth and also received valuable inputs from the managers at the company who were eager to help nurture the young minds.

It was a complete, all-round experience that Nazmeen Khan was looking for: “It was great to see all the theoretical knowledge applied to practical life. I was also inspired by the conversations we had with the managers who taught us a few new things. I will remember what we learned from this day for a long time to come,” she said.

Students on the industrial visit also had an opportunity to interact with the Plant in-Charge and Human Resources heads for the units.
Through these interactions, students learned more about the various processes followed in the plants, besides manufacturing. They became aware of the importance of supply chain management and safety procedures. The role of HR in the organization was also discussed.
Prerna Jhawar, a student from the group, had an interesting observation to make about the learning during the day. “The company deals with foreign markets and assembles its raw materials through foreign trade. It was good to get an insight into how to be sustainable in the foreign market while knowing more about their marketing process and various other channels involved,” he noted.

Whilst staff at Autolite was eager to talk about the internal functioning of their organization, they were also keen to talk about the future of management as well. In fact, the group had a reality check of sorts when they were told about the expectations organizations have from management students.
Students agreed the day at the lamp manufacturing unit was educational, engaging and inspirational. And it related well to their institute’s belief of helping them learn through practical applications of theoretical concepts. No wonder the students came back from their outing feeling enlightened.

Anil Singh
PGDM Batch 2013- 2015

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