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1019
The seminar was attended by delegates from different organizations, alumni, and students from other departments of IIT Bombay. The event was inaugurated by Dr Karuna Jain, Head of the Dept., SJMSOM. In all, eight people shared their views and insights with the students of SJMSOM through talks and panel discussion. The Keynote address was delivered by Mr. Satish Mandhana, Managing Director, IDFC Private Equities. Mr Mandhana talked about the various challenges faced by the financial sector in India and discussed some solutions for the same. He also talked about the unforeseen risks associated with the changes in policy by the market regulators. Mr. Rajiv Vaid, Global Head, Management Assurance Services and Executive Vice president Citigroup shared some interesting insights on the global economy and the derivatives market with students. Mr. Anup Bagchi, Executive Director, ICICI Securities spoke on aGetting Financial Independence and Togethera. He emphasized the need for financial education and planning in an emerging country like India in order to achieve financial independence. Starting on an interesting note of amarkets humble everyonea, Mr. Navneet Munot, Executive Director, Morgan Stanley, shared his experiences of previous instances of market turmoil that rocked the Indian financial markets. Vasan Paul Raj, Senior VP, Investment Banking, Enam Securities, spoke on consolidation of Indian banking industry in the wake of liberalization of the sector in Marcha09 and implementation of Basel II norms.

The thematic talks were followed by a panel discussion moderated by Tamal Bandopadhyay, Assistant Managing Director and Mumbai bureau chief of Mint, the financial daily. The panelists were Mr. Albert Da Costa, Associate Director, Equirus Capital, Mr. Tarun Chugh, Chief Head: Group, Bancassurance & Alliances, ICICI Prudential Life Insurance Co. Ltd., Dr. Bandi Ram Prasad, Senior Consultant Dun & Bradstreet and Ex-Chief Economist, Indian Banksa Association and Mr. Anup Bagchi. The panel began with a discussion on the various reasons for the current economic turmoil. In the second round, the speakers moved on to trying to figure out the people, organizations or authorities responsible for the current economic turmoil and in the last lap they came out with their views on the likely duration of this crisis in the global as well as Indian economies. All the panelists agreed that India should be well out of the current apain situationa within a year. They also suggested tight measures that the policy makers and market drivers must follow for the country to pull itself up again.
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1021

The term abloga is an abbreviation for weblog. Many bloggers use their blogs as a record for their daily activities and the blog principally serves as an online journal. However, this is not how most management professors who blog use the medium. For them the blog is primarily an extension of their identity as a teacher. As Prof TT Ram Mohan (blog - http://ttrammohan.blogspot.com/) of Indian Institute of Management (IIM), Ahmedabad puts it, aAt times I build upon the ideas I have mentioned in the column I write for Economic Times. There is no space limitation as far as my blog goes. A blog obviously does serve as a mode of expression but it proves to be particularly useful for students who have questions about topics that Iave covered in class. It helps to place issues in context.a

Blogs are frequently found being used as a tool to supplement classroom education. Sabu Mangalasserril, Assistant Professor at ICFAI, Cochin (blog - http://adformula.blogspot.com/) is an avid blogger and has three blogs, each of which caters to a set of issues. He says, aI integrate my blog posts with classroom exercises. After discussing an issue in class I ask my students to read relevant posts and leave their comments on the blog or submit feedback on paper.a

aI have been been blogging for the past two years. All in all itas been a terrific experience! Blogging has motivated me to study close to 400 brands. For me a blog is an information resource rather than an interaction tool. I do not try to integrate blog posts with classroom exercises. The information on my blog serves to add value. I use my blog mainly as a research journal through which students can get information and analyses about numerous brandsa, comments Harish B Nair, marketing lecturer at ICFAI, Cochin (blog - http://marketingpractice.blogspot.com/) and has an exceedingly popular blog on marketing practices.

Mr Piyush Shah, an Operations Management lecturer at Narsee Monjee Institute of Management Studies (NMIMS), Mumbai (blog - http://superops.blogspot.com/) is relatively new to the blogosphere. He says, "I want to blog more often and have students logging on and exchanging views outside the classroom. Blogging allows interactions with students to become more informal and reach to a wider audience. Students can stay in contact with me after graduation too. I encourage students to access my blog and also send some of my blog posts in the form of e-mails to my students. My e-mails also have the link to my blog in case they wish to read about other issues."

Professor Madhukar Shukla of Xavier's Labour Relations Institute (XLRI), Jamshedpur (blogs - http://alternativeperspective.blogspot.com and http://inspired-pragmatism.blogspot.com/) puts forth an interesting point when he says, "I am also part of numerous Yahoo! Groups where issues related to coursework are discussed. I have observed that since in a Yahoo! Group the audience is so much more visible, some students prefer leaving comments there rather than on a blog. In my opinion, the potential of blogging has not been explored fully. There are so few collaborative blogs!" he goes on to say.

Blogging truly holds a wealth of possibilities. A professor we contacted has been approached by a publisher to convert a blog of his into a novel. On the other hand, he has also been reprimanded by his college management for being responsible for students passionately discussing condom advertising as a response to a blog post. He says with tongue firmly in cheek, "If it sells, why shouldnat it be discussed?"

More blogs by Indian business school professors

Jayanth R Varma, IIM Ahmedabad - http://www.iimahd.ernet.in/~jrvarma/blog/

Pitabas Mohanty, XLRI Jamshedpur - http://pitabasm.blogspot.com/

Rajeev Sharma, XLRI Jamshedpur - http://rlog.rajeevsharma.net/

Know of more blogs by business school faculty? Add them to the comments!



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1022
Director Mr.Nitin Garg addressed the gathering and highlighted the achievements of ISME. Mr Mahesh C Guru emphasized on Leadership qualities which is the corner stone for a successful career and advised students to inculcate the management techniques. Mr.Chandramouli, CEO, Makino India stressed on the importance of soft skills. He said that apart from the course curriculum, soft skills are the need of the hour. Mr. Suresh Menon, VP a HR, Total Environment spoke on the concept of KASH (Knowledge, Attitude, Skills & Habits) and asked the students to adopt it for prosperity in their lives. Mr.Chandran Natarajan, Senior Vice President a Operations & Delivery, Infinite Computer Solutions (P) Ltd spoke about the utilization of resources to the maximum extent by the students and wished them all the very best.
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1023
Being an academician himself, he is loved and respected by one and all in the student community. He has recently shown a lot of interest in the Management graduates from India and has frequently provided his views on Indian consultancy opportunities worldwide, organized growth of Indian consultancy, agri-business and collaborating towards nullifying the urban-rural divide.

aMeeting Dr. Kalam as a student carries even more significance as living up to his expectations is a mighty ordeal,a, says Anubhav Jain, a first year student of PGDIM.
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1024
It was in recognition of this significant gap that MarQuity, the Marketing Club of Management Development Institute (Gurgaon) organized a three-day advertising and marketing summit aAdventa. With its many seminars, advertising contests, quizzes and other events, Advent predominantly aimed to generate interest in advertising among B-School students.

The flagship event of Advent 2008 was the advertising workshop Adrena, conducted by Mr Parveen Ahluwalia, a consultant in the field of strategic brand management. The workshop was followed by an ad-designing contest, which pitted only the best team from each business school in a battle of creativity and insight, with the team from MICA eventually emerging triumphant.

Another highlight of Advent was Adaage, a talk series graced by some of the most prominent professionals from the area of advertising and marketing. Mr Santosh Desai, who joined as MD and CEO of Future Brands after a highly successful stint as President and CEO of McCann-Erickson, delivered a speech on the nuances of advertising. Through a series of carefully selected commercials, he brought out the essence of advertising as appealing to people when they were people and not when they were conscious consumers. Mr Jitender Dabas, Vice-President and Strategic Planning Director of JWT, spoke about the death of traditional advertising and the future of the advertising industry in the emerging national economy. Mr Dabas expressed concern over the sourcing of talent for the advertising industry but sounded optimistic of change especially with pay packages in the industry being hiked in the United States. Mr Alok Marwaha, MD of Kloeckner Pentaplast India, related his experience of entrepreneurial marketing while establishing a Greenfield project for Renolit AG in Thailand.

Among other events held during Advent were Qariosity, the Blockbuster Connect Quiz, and GrafiTEE, the online t-shirt designing contest. Participation in Qariosity saw 300 teams from 27 business schools across the country trying their luck at the jackpot. In addition, there were on-the-spot audio-based ad identification contests, brand tagline-related dumb charades and impromptu speech contests. Prizes worth Rs 70,000 were sponsored by ICI Paints, Innocean and Myntra.com.
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1025
At the outset Dr Chavan welcomed all for having secured admission into a JBIMS. He emphasized the growing demand for talented management graduates in industry today. Next, he proudly enlisted the progress witnessed by the institute recently like obtaining UGC approval to start various post graduate courses in areas of retail management, corporate governance, valuations, etc. Dr. Chavan concluded by asking students to leverage on the three pillars of JBIMS viz. students (peers and seniors), faculty (permanent and visiting) and alumni to make the most of the coming two years.

Mr. Paranjpe then took centre stage to address the students on the theme aSuccess and what it takes to succeed in the real worlda. He stressed on the fact that hard work and intellect only form the necessary but not the sufficient criteria to succeed. Softer aspects like emotional intelligence actually prove to be key differentiators when dealing with real life scenarios, especially in this age of globalization.

He also spelled out the three Cs of success a courage, conviction and character; the courage to risk failure for what one believes in, the conviction of knowledge and the character to take the right decisions in face of adversity. He sighted various instances where the character of managers and managements alike had been compromised for want of personal gains. He contrasted this with lives of individuals who had stood their ground and changed entire systems with only courage, conviction and a clean heart as their backbone. He assured the youth that adoing well and doing gooda is not a paradox and urged them to build a strong moral fabric if they are to succeed in life. He concluded with a fresh take on work-life balance, recommending that ones career or work should be chosen so that it is an integral part of ones long term goals for life.

Later, Mr. Paranjpe answered a few queries posed by the students. He emphasized the need and significance of setbacks and debacles in oneas life, and how they go a long way in making a person stronger and more gracious. In an answer to another question on his favorite aspects of JBIMS, he replied by saying that JBIMS gives a good interface to industry, helps students gather varied perspectives through interactions and creates motivated yet grounded managers.
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1026
The guests discussed about the success, women had achieved in the field of management and aspired to achieve greater heights. Ms. Anu Aga in her opening speech said that it was important to balance professional responsibilities and personal life and emphasized on Vipasana which is the art of living. Ms Sudha Raghunathan talked about her journey to becoming a maestro in classical music. She discussed the challenges faced during her journey, and how she won over them. Ms. Hemu Ramaiah opined that it is important to think out of the box to reach athe other sidea and achieve success. She elaborated on the lessons learnt in running an entrepreneurial venture. According to her, entrepreneurs must plan when to start and exit a business plan. Ms. Mridula Ramesh talked about four success enablers for women, namely role models, proving early competence in a language known by competitors, courage, and family support.
The event also had a panel discussion on the topic aEducated, Intelligent, energetic, and just in her forties a can she still pursue her career dreamsa. The discussion was moderated by Mr TN Seshan, former CEC of India. The panel included Ms. Pushpa Kandaswamy, Noted TV producer, Ms. Indra Subramanyam, MD, Ehrlich Lab, Ms. Lalitha Maheswaran, HR Consultant and Ms. Sarda Ramani, president of CI Global Solutions. Mr. Seshan introduced the theme, follwed by Ms Indra Subramanyam stating that desire is what takes women towards their goals. She also said that for a country to prosper, men and women must work together without compromising on domestic life. Ms. Pushpa Kandaswamy said that relations were more important than numbers. She vehemently supported the theme and emphasized that women are adaptable, efficient and capable of multi tasking. According to Ms Sharda, determination and grit are important and even if one were to take a break in professional life, one can still get back as and when one feels like, and make the best out of it. Ms Lalitha, a visiting faculty at Great Lakes, addressed the women in the audience and advised them to define success for themselves, and not neglect their own selves. She said every decision taken will have its own consequences, it is important to make a choice and live by it. This was followed by an open house
Session.

A Quiz competition titled aLes Quizerablesa between various companies and colleges was also a part of SWIM 2008. The quiz saw a total of 46 teams registering for Les Quizerable and was conducted by Mr. Vinod Ganesh. The teams were from companies like TCS, Cognizant, Citibank, HP, I-flex, KPMG, IRENVA, Frost and Sullivan, Abacus and Aura participating in the quiz. The quiz also had students from IIT, Madras, Anna University, SIIB, Pune, IFMR and many others. The total prize money for the quiz was Rs. 35000. The first prize was won by team Sumo comprising of Saranya Jayakumar, Rajen Prabhu and Kiran Vijaykumar.
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1027
Dr Kalam took to the podium and spoke about the aRole of consultants in an emerging knowledge-based economya. Dr Kalam mentioned that of the $300 billion worth consultancy opportunity worldwide, India today caters only to only around $4.4 billion. He suggested strategies for increasing the Indian share of the global consultancy market from 1.5% to 10% within the next five years. He said that for an organised growth of Indian consultancy, agri-business, industry and services need to collaborate towards nullifying the urban-rural divide. He also spoke about, how out of the 10 million micro, small and medium industries in our country, nearly half a million small scale industries are known to be in the red. Consultancy industry can determine the methods by which they can be provided with the right technology and financial support to make them succeed. He also encouraged students to take an active part in politics, for that was the only way political will could be created to execute the vision for Indian as a developed nation. aPolitics today is 70% political politics and 30% development politics, when it should be the other way round,a he said.

SAIL chairman Mr SK Roongta, an IIFT alumnus, was the guest of honour on the occasion. He spoke about the need for a consistent approach towards development across all sectors of India. He stressed that the parameters of industry-wide consulting were not based on domain-specific knowledge; rather it was the identification of the common underlying principles that enabled the comprehensive analysis of the situation under purview.

The first session was chaired by Mr Thomas Kuruvilla, the managing director for Arthur D Little in the Middle East. He dealt with the Development of the Knowledge Economy both globally and in India. Mr Kuruvilla emphasized on knowledge resource retention by India as the key point for success in the future. He was critical about Indians being very generous in knowledge sharing and how MNCs abroad were creating value for themselves while paying Indians for time spent. India needs to focus on improving literacy rates, sustainable shift in governmental policies in agricultural practices and for better knowledge retention policies to be followed by Indian corporates in order to become a knowledge economy.

Mr Ramit Gupta, Vice President of Avalon Consulting, was the second speaker presenting the case on how to manage innovation. He emphasized how the current economy is an innovation economy, powered by creativity, imagination and passion. Underscoring the view that India is an innovation hub, he related how 91% of Indian CEOs considered innovation as one of their top three strategies for growth compared to 73% in the West. Indian companies like Airtel, TCS, CTS flesh out this point of view. According to him, innovation is an evolving process that effectively converts knowledge to money. It has to be marketed well to succeed even as R&D; is crucial.

Mr Arsh Maini, Director Deloitte and Touche Ltd, spoke about interdependencies between innovation and marketing, the transition of the market from being product centric to customer centric. Citing excellent examples, he spoke about how innovative ideas have multiple triggers from R&D; and production to competition and consumer insight. Mr Maini emphasised how innovation in research has to be backed up with innovation in the processes followed in product development for any product to be a success.

The first session concluded with Mr Guru Malladi, Associate Director for Ernest & Young speaking on Innovation through Knowledge Management. He was of the view that innovation is not the breakthrough idea but an evolution of ideas to cater to changing consumer needs as in the transition from the gramophone to the Ipod. Knowledge management is crucial for access to the next level and is highly individual specific. He stressed on the benefits of this aspect as the assets of a consulting company are the people and the knowledge they possess.

The second session of the National Consulting Symposium at IIFT Delhi was focused on aProductivity Enhancementa. Ms Padma Ravichander, MD, Mercer India Ltd, presented a detailed analysis of the subject, Enhancing Productivity with Employee Engagement, citing real life examples and case studies from Mercer. She emphasized on the four drivers that organizations need to focus on in order to achieve employee engagement. These drivers, according to her, are a Acquire, Bond, Comprehend and Defend. Based on these drivers, Mercer has developed a aTotal Rewardsa program that takes into account factors such as compensations, learning, career development and rewards management.
Next up was Mr Debu Bandopadhyay, Executive Director, Eicher Consultancy Services who spoke on The Importance of Value Chain Productivity. He started with a definition of value chain and described how value is perceived differently by buyers and sellers. He then presented a simplistic yet insightful method of measuring value and showed how various factors such as Vision, Strategy, and Industry Structure affect the value chain of an organization.

Mr Amol Deshpande, Associate Director, Technopak was the last one to speak. He spoke on Role of IT in Productivity Improvement. His described how Technopak has been helping in designing and implementing productivity improvement in the Fashion, Retail and Healthcare sectors.
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1028
The event commences on August 11, 2008 with a Business Plan contest inviting entries from entrepreneurs from all over the world. The last date for submission of the executive summary is August 24, 2008. The event culminates with a three day mega event on entrepreneurship in November.

Participating teams can expect gains like Individual mentorship, Elevator Pitch for top 40 b-plans, cash prizes, and above all, funding of upto Rs. 10 Million (from Seed Fund Advisors Pvt. Ltd. - India).

For any further queries contact the members from the organizing committee at [email protected] .
For more information log on to: www.sibm.edu/endeavour08.

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1029
The award will be presented to XIMBas Director, Fr PT Joseph, in a ceremony held at The Swosti Plaza hotel, Bhubaneswar, on August 14, 2008, at 6 pm. Shri Naveen Patnaik, the honourable Chief Minister of Orissa will be present at the occasion.

Speaking to the Press on this achievement, Fr PT Joseph, Director, XIMB, said a XIMB has been on the forefront of globalizing management education while also caring for the social development of Orissa. It is an Institute which has placed management education from Orissa on an international platform and truly epitomizes the inclusive growth taking place in Orissa. XIMB is committed to the cause of educational excellence in Orissa and beyond.a
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1030

The three days of conference included over 100 delegates who deliberated on the above issues through keynote addresses, panel discussions and parallel sessions. A variety of subjects ranging from Brand India to ecological implications of globalisation were discussed by speakers from across the world.

The first day kicked off with the inaugration ceremony presided over by Mr K Narayanan, president of Association of International Business, India chapter and Prof. Pavan Kumar Singh, Director of Indian Institute of Management, Indore. The day saw several papers including ones on financial globalization and its impact on international financial markets, environmental implications of facility locations, unorganized diamond industry in India and the effectiveness of comparative ads.

The plenary session on Day Two featured discussions by Dr Aparna Datt Sharma and Prof Sumit Kundu. As the Senior Director of the India Brand Equity Foundation, Dr Sharma has been spearheading the drive to build Brand India and she threw light on the journey over the last decade as India came into the big league. Prof Sumit Kundu from Florida International University spoke about Business Group Affiliations and the Internationalisation of Emerging Market Firms and used a mathematical model to explain the relation between ownership structure and the degree of internationalisation. The day also included a session on the use of technology in the era of globalisation and how Corporate India can gain from it.

The last day saw a variety of topics like corporate social responsibility and the challenges in globalisation. Other papers which were presented during the day included aAttitude of movie-watchers towards product placement in moviesa, aEmployee loyalty towards organizationa, aIndian Educationa, aSix Sigma in Exportinga and aThe Retail Industry: An India and International relationships comparisona.

The concluding session of the conference was chaired by Prof. Pavan Kumar Singh, director of Indian Institute of Management Indore and Mr. K Narayanan, president of Association of International Business, India chapter.

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1031
The speaker for the Marketing presentation was Mr Arvind RP of Britannia Industries Ltd. He discussed about the aSTP Processa, along with aHow to Enter a New Market and New Categoriesa. He explained the various challenges involved in entering a market; the methods to be followed while analyzing and identifying the appropriate market, and getting the idea across to the prospective consumers and the various approaches and tools involved in doing so.

The second seminar, organized by the Finance Club was on the theme of aAsset Liability Managementa by banks. The speaker was Mr D Chand, AGM, Risk Management Division, Punjab National Bank. He explained to students the dynamism of the banking industry and the continuous need to evaluate and re-evaluate the performance of its assets and liabilities given the liquidity and interest rate risks that each bank faces. He also elucidated the various methods and tools used by banks at the national and international levels to combat the volatility of the industry.

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1032
The Ashwamedh Seminar is a series of events conducted in the campus and over the internet based on the theme of the seminar. There are activities inside the campus in the form of workshops, quizzes, discussions. There is participation through the internet where the entire management and engineering institutes as well as corporate industry are connected for an E-Discussion. This is an open forum where we get first hand experiences, views and resource sharing from academicians and business practitioners.
There is a Paper Presentation Contest related to the main topic which is open to all the major business schools and business organizations. Like last year we are going to publish the best five entries into a newsletter magazine. This magazine will also contain featured articles from management professors and senior members of the industry.
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1033
The focus of the talk was primarily on the concept of normative framework which again has four integral concepts under its head in the form of livelihood, equity, sustainability, and democratization. Further the ecosystem was made the central theme of the discussion and it was stated that natural resources are ecosystem resources and that ecosystems existed in nested forms only.

The central aim of the organization was to encourage self sufficiency in kind and stressed on greater community participation by believing on the premise on that people are capable of causing change of any magnitude. The concept of the inherent productivity of the land was called as primary productivity and it was emphasized that the focus of agriculture in the upcoming times will be to utilize this latent factor. The concept of alow input sustainable agriculturea (LISA) was introduced and dealt with in some detail.

The focus over the later part of the discussion was water resource management with a stress on watershed management techniques. Overall the session was a high octane session covering a wide gauntlet of topics and was highly enriching.

Also, a session was taken by Mr Vijay Krishnan from Arghyam, on August14, 2008 , who interacted with the students (Rural Management students) and NGO leaders on the India Water Portal. The portal serves as a medium for people to come together, discuss and be informed on various water related issues.
It was launched on the recommendation of the National Knowledge Commission and covers vital issues like rain water harvesting, interface between agriculture and water, ecosanitation and water conflicts. Mr. Krishnan demonstrated to the students of how the portal provides an outstanding example of the use of technology for spreading of developmental issues. Films, Photographs and documentaries on water issues have been uploaded on the portal and these have been translated into different languages in order to enable understanding by people from different states by transcending language barriers. Also, for areas having poor internet connectivity, CDs and tapes have been made and circulated. Mr. Krishnan concluded the session by quoting the portal as a 'Knowledge Management Tool'.
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1034

In his opening speech, Dr Subhash D Awale, Director NITIE, stated the objective of the institute, aTo nourish a learning environment conducive to foster innovations and creativity in productivity and business development.a

Addressing the congregation, Dr APJ Abdul Kalam elaborated upon the national challenges for Industrial Engineering. He stressed upon the need for quality research to get the maximum out of the opportunities that are knocking on Indiaas doors today. While talking about the nationas vision for the year 2020, he listed various sectors where competent techno-managers have ample scope to contribute a agriculture and food processing, Energy, Healthcare, Pharma, Aerospace etc. to name a few. He concluded his address by emphasizing upon the importance of creative leadership for the development of our nationas economy.

The highlights of the ceremony included the Chairmanas Medals for Best Student in the streams of PGDIE, PGDIM, PDGITM and PGDISEM. These medals were awarded to Mr Manjit Pandey, Mr Sharad Nawani, Mr Amal Makwana and Mr Sudheer Kolukula respectively. The Apeejay Trust Award for Best All Rounder Student from PGDIE batch went to Mr Sachin Doshi.

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1035
Mr Ajit Balakrishnan, CEO of Rediff.com addressed the gathering and shared with the budding entrepreneurs. aTo be a successful entrepreneur today you need to think big, act quickly and innovate using high end technologya- said Mr. Balakrishnan. He believed that the youth of today is capable of building a bigger and better India.

aThis is one of the most memorable and excellent events I have participated in. The coordination of students at SPJIMR was excellent, and the concept of LST is quite good.a Said Tejal Raut of NEN, Mumbai.

At LST, SPJIMR student teams presented various private companiesa profiles to the audience and then the companies were open for trading to the audience posing as investors. At the end of the day the company with the highest Market Capitalization was declared the winner and the winning investors were the ones with the highest portfolio value.
This year the winners have been as follows :-
Jury Award for Best Global Team a MobMe Wireless Solutions Pvt Ltd (SPJAIN, DUBAI)
Best Overall Team a PayTronic Network Pvt Ltd
Best team in Track 1 a Lithos Acoustics
Best team in Track 2 a PayTronic Network Pvt Ltd
Best team in Track 3 a Sumanson Pvt Ltd.
Investor with highest portfolio value a Amrut Dash (SPJIMR Batch 2008-10)
Team with highest Market Capitalisation a Sams Fruit Products Private Ltd.
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1036
Monika, a Bhavishya member said, aIt was a very enjoyable afternoon. The children at the college were always ready with a joke or song, with no dull moment in between. Fully acknowledging the occasion of the 61st Independence Day, the students showed how passionate they are for India, as patriotic songs outnumbered the peppy numbers. The children might have lost their eyesight, but they have their vision intact.a

Bhavishya, the social initiative committee of IIM Lucknow, undertakes research in the social sector, to finance & to monitor projects targeted at the underprivileged strata of the social pyramid by leveraging the competencies of the students of IIM Lucknow. Also, it works on consulting projects with various voluntary organizations. In the past there have been more than 1500 beneficiaries of the Bhavishya activities.

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1037
Guidelines for Paper Submission:
a The maximum length of the paper is 8000 words. The paper format should follow the style guide of Great Lakes Herald (http://www.greatlakes.edu.in/herald.php)
a The entire paper must be in ONE (1) Microsoft word document and should be sent as an attachment via email to [email protected]
a Allowance for travel and stay will be provided to authors of selected papers.

Important dates:
Last date for paper submission: October 31, 2008
Acceptance/Rejection notification: November 21, 2008

The Yale-Great Lakes Center for Management Research center aims to promote India-centric management related research which contributes to the development of basic and applied knowledge in the field of management. Some steps towards this objective include inclusion of greater research component in the post graduate program through an empirical study; promoting collaborative research among students in association with other universities; publishing Great Lakes Herald, a journal in the area of management; organizing an international annual research conference and strengthening of research environment and infrastructure.

Empirical Study for PGPM batch

An empirical study requirement has been introduced as part of the PGPM starting May 2007 coordinated by Yale-Great Lakes Center for Management Research. The empirical study requires that every student do a real-life study under a guide, thus enabling the faculty resources to be utilized more effectively. The real-life study allows for an in-depth analysis in one vertical (industry), of a managerial or organizational issue spanning at least 2 horizontals (functional areas), thus turning out to be an advantage for every graduating student. This empirical study is an individual project, will span the entire year, will count as six credits (equivalent to two 3-credit courses), and will require not less than 160 hours of student input. The expected outcome of the empirical study is a paper co-authored by the student with the faculty guide, to be submitted to a refereed journal or conference.
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1038
MICA: Blood donation camps to be held on Aug 20-21
The MICA, Ahmedabad branch of Young Indians (YI) in association with
SBI and the Red Cross will organize blood donation camps on August
20-21, 2008 at different locations in the outskirts of the city. The
schedule for the same is:
1. Shela village (Primary School, Shela) - 09.00 am - 11.30 am, August 20, 2008

2. Telav village (Primary School, Telav) - 11.30 am - 2.00 pm, August 20, 2008

3. MICA, Shela - 11.30 am a 3.30 pm, August 21, 2008

This program is an initiative taken by YI-MICA net, as part of its social development agenda, particularly in rural areas. The Young Indians (YI) forum is the youth-centric arm of the Confederation of Indian Industry (CII) founded in December 2002. It comprises of a group of young Indian achievers and professionals below the age of 40 from various walks of life, facilitating a change in the economic and social agenda of India, via initiatives in areas of education, employability, environment and health care.
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1039
aThe purpose of the discussion is to question the variables that are believed to be the foundation of competitive strategies that firms and management theories have adopted since ages and also question the modified inclusive strategies that firms have been adopting in the recent yearsa, said Dr. Amar Nayak, who also moderated the discussion. The panelists were from various fields like spirituality, pure science, law, art, administration, & NGO.

Mr NK Mishra, Advocate, Cuttack High court, while speaking on competition, said awhom shall we compete with a among our peers or higher goals?a On the possibility of a more collaborative framework, Swamini Atmaprajnananda Saraswati, an XIMB alumnus who after serving as a banker in Middle East turned a sanyasin, said aOnly the Self a Actualized can contribute positively to the systema.

Mr DK Mishra, Founder a President, Association for India's Development Australia Inc, gave examples of how the collaborative models work in Scandinavian countries and Amul Cooperative society while Dr Biju Shekhar, Scientist at Institute of Physics, Bhubaneswar brought to light the nature of competition in field of science. Mr Abasar Beuria, Retired Indian Foreign Service officer, spoke about the nature of firms in countries he served. Dr Ileana Citaristi, Odissi dancer and Padmashree Award Winner, added aCompetition can only be fair if there is self regulationa, and further asked aWhy should we compete, for profit or passiona, and said that competition should be more for passion than profit.

Having discussed the competitive and inclusive strategies in business and their basic tenets such as efficiency, control, technology, capital, economies of scale, the students and faculty involved in the course have been looking for new dimensions for a more sustainable and humane business models.
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