Friday, December 7, 2007

ARM Echoes - ZO Pune

INTRODUCTION

The educational organization depends on the performance and survival of the final product i.e. trained students in the corporate world. The one yardstick of measure is to see the placements students get, in which organizations, and secondly how many alumni help in getting juniors placed.

All of this depends on the academic process that the institution has in place and how it gets upgraded or evolved to suit the challenges posed by the corporate world. An attempt to take an overview of academic process is carried out at academic reviews of faculty, center head and regional academic coordinator.

ARM - PURPOSE AND DETAILS

The academic monitoring review is a process to make everyone understand the finer aspects of the academics. The academic process comprises of understanding & delivery of domain knowledge and the other aspects like lesson plan, classroom management, operation workout and live project.

The idea of benchmarking and keeping all faculties on same thinking levels on above aspects is explained in detail. The other aspects of development of human capital are also taken into account by reviewing the publications made by the faculty i.e. paper presentations at national domain conferences, participation at international conferences and writing of books on domain related areas.

At every stage, how the academic process helps improve the understanding of the students is viewed. The nature of methodology adopted and the actual delivery of the same is illustrated by the faculties and how it is assimilated by the audience and the authority is a measure of the adoptability of the faculty and perform in the way it is expected by the management.

In terms of the numbers, about 12 faculties and similar number of center heads are reviewed from the various regions along with the regional academic coordinators of the same regions.

Methodology: Faculty delivers the lesson plan as he / she does in the classroom. Also, the lesson plan and operation workouts and live projects are discussed i.e. how they are implemented and effectiveness of the same.

LEARNING AND EXPERIENCES

The general understanding of lesson plans was not clear for most of the faculties presented at ARM. Operation workout was not given that much attention as it was given to live project. The importance was given to conceiving, designing the live project and implementing the same.

Also, the nature of internal evaluation and marks given in evaluation were discussed. The linkage of internal evaluation and external evaluation was explored. Most of faculties faltered on the lesson plan and how it is conducted with script in classroom and the creative and innovative approaches they wanted to project and focus on. In some cases the basic domain knowledge was also lacking.

CONCLUSION AND SUGGESTIONS

Much needs to be done in terms of clearly understanding the concepts in domain knowledge and then the academic delivery that needs to be thought out, and well scripted to deliver the lesson plan. The same needs to be emphasized for designing of the live projects and implementing them in reality. This in turn will have bearing on how many articles and writings the faculty can contribute and be projecting the INC as the right training institute for MBA Program.

Pradip Joshi
Regional OW Coordinator
ZO Pune [Gujarat & Pune]

ZO Kolkata answers...Why OWs?

You are aware that OWEs are attempts to bridge the gaps between the classroom and the real world. Through OWEs, a student learns practical application of skill-sets learnt in the classroom. The hand-written report submitted by the student is similar in structure to the Management Thesis-I (done during SIP).

It has been observed that in the last one month, the quantity of the OWEs done at the centers have drastically reduced. Some of the centers are either not doing any OWE, or not reporting. Some centers, ofcourse, are exceptions. Please note. OWEs are mandatory and are very much a part of our curriculum.

The domain-related questions asked by the interviewer during final placements are not directly from the text books. These are situation-based questions. If OWEs are done properly, a student will understand the application of the classroom knowledge in the real life. Hence,a student may be able to answer to such questions being asked during the Final Placement Interviews. If OWEs are not done, the students may turn to us as say "such situations have never been discussed in the classroom". We surely wish to avoid such scenario.

Therefore, please pay proper attention to OWEs !

Regards.,

DP Chaudhuri
The ICAI National College
Zonal Office, Kolkata
CJ-151, Sector-II,
Salt Lake CityKolkata 700 091
Tel: (033) 2334-4136, 2358-8308
Fax: (033) 2358-8670

Monday, December 3, 2007

Details of INC Jabalpur's Collaborative OW - Jabalpur Dugdh Sangh

As per the schedule the student of semester III along with some of the faculty members of INC Jabalpur had visited Jabalpur Dugdh Sangh , Jabalpur on 12th Oct’07 .

Total No of student who visited : - Semester 3: 77 students
Total No. of staff members :- 8 (Who accompanied)

As per the email dated 27th Nov’07 and the points mentioned therein, the details of the collaborative operation workout done by INC Jabalpur are as under:

Jabalpur Dugdh Sangh:-
Jabalpur Sahakari Dugdh Sangh Limited , Jabalpur , also called Jabalpur Dugdh sangh –JDS is a semi government limited co-operative society sponsored by M.P. state government . There are 5 such Dugdh Sangh, in M.P..

Untill the year 2005 , JDS was a sick organization ,and was on the verge of winding up . Then a rehabilitation program was drafted by the experts on the lines of AMUL Anand plant .It was successfully implemented at JDS and as a result JDS showed a profit in 2006. It was also awarded the ISO 9001-2000 certification in the year 2007. Now they are working very seriously for the ISO 22000 certification too.

JDS is head quartered at Bhopal. Its Jabalpur unit is headed by Dr. Ashok Nigam, CEO and Mr. S. A. Singh Gaur, General Manager.

Jabalpur Dugdh Sangh has the following departments:
Marketing
Production
Field Operations
4. Quality Control Unit
5. Administration
6.Management Information System

The following products are manufactured at JDS :
Sanchi Milk
Tonned Milk
Butter Milk
Flavored Milk
Shrikhand
Ghee
Lassi – sweet milk

Rationale for Industrial Visit:-
JDS is a fast growing organization with increasing presence and recognition in the Jabalpur city. During our meeting with the JDS officials we realized that they were very supportive for exposing their organization , its processes and plans to the learning managers and it was therefore considered very fruitful to organize an integrated OW exercise with an industry visit so that the students may not only understand the function of production , inventory management , marketing & distribution etc. first hand from the company but also look at an organization which has recently emerged as winner against the odds of dissolution .It was therefore an occasion to enrich the understanding of progressive organizational practices.

Details of OW Exercise:-
Student groups were assigned different topics of study covering the various facets of an organizational functioning where they had to understand such functions in the context of JDS and make a presentation on the same .Details of the topics allocated are as under:

S. No.
Faculty Incharge
Course name
Topic
Chapter
Concept
1
Mr.Sulabh Pawaia & Ms. P.Ch.Sita Devi
MCIS
Study the MIS which is helpful in controlling operations of an organization
Management Control System
Management Control System
2
Mrs. Sunita Seth
EL
To study the business introduction strategies of JDS
Buisiness Introduction
Social Skills
3
Ms. Manisha Shukla
BS
Study the external environment of JDS
Analysing the external environment
Analysing the external environment
4
Ms. Ekta Balecha
BL
study the terms & conditions set for the business exchange between the farmers and JDS
Indian Contract Act
Terms & conditions of a contract
5
Mrs. Shweta Mishra
MCS
To study the sales promotion strategy adopted by JDS
sales promotion startegy
sales promotion startegy
6
Mrs. Shweta Mishra
RM
To study the selection of store location in JDS
Store location and site evaluation
Store location and site evaluation
7
Ms. Shweta Dubey
PMRS
Study the organization culture of JDS with special focus on team efforts to build the culture
Performance appraisal for the team
Team culture
8
Ms. Parul Agrawal
T&D
To study the Training methods & techniques adopted at Jabalpur Dugdh Sangh.
Training methods & techniques
Training methods & techniques

Findings & Learning’s:-
The management of JDS was very enthusiastic about the students visit and they had arranged for a number of presentations by their functional heads. Subsequently, the students were explained the process of pasteurization and packing of milk and production of the product range. Further, marketing and distribution and MIS for the same was also discussed by the company officials .Students also had a chance to collect data for their research assignments. Some of the assignments are enclosed for your reference.
Conclusion:-
The Industry visit was a very wholesome learning experience from the point of view of looking at desirable and growth oriented organizational practices and also of carrying out an exercise in OW relating to the same organization.

Tuesday, November 27, 2007

OW/SSA/SPA: Rajasthan

PLAN OF ACTION

Sem II


By now students are aware of the corporate terminology, functioning and performance but only academic knowledge. It’s a time to enter the practical part where implementation with proper information becomes essential. Thus make them hunt for information should be the integral part of OW/SPA/SSA exercises.

Purpose: To understand the corporate concept, essence for the corporate style of working, corporate requirements, customers focus.
Corporate Study – Track for practical information.


Process: List of corporate/ industry/ businesses in functional form within a city.
Design team exercises to fulfill the purpose
Brainstorming among faculty members
Inspire students by focusing on the need for OW/SPA/SSA
Ensure meeting deadlines & facilitate communication

Payoffs: Ensures better performance at SIP


Sem IV

By now students are aware of the corporate culture, style of working etc. It’s a time when river is going to fall into the ocean, to dissolve its own identity as a student. Thus strive hard to come out with a new professional identity in this ocean of corporate world. Increase in intellectual property for better performance should be the integral part of OW/SPA/SSA exercises.

Purpose: To understand the concept of leadership, value of time management, sharpening of presentation skills & negotiation skills.
Enhance Intellectual property – Art of survival with splendid performance.

Process: List of corporate/ industry/ businesses in functional form within a city.
Develop, design & deliver exercises to fulfill the purpose (More of SPA/SSA)
Brainstorming among faculty members
Inspire students by focusing on the need for OW/SPA/SSA
Share features v/s benefit exercise of SPA/SSA with corporate/industry/businesses
Ensure meeting deadlines & facilitate communication

Payoffs: Ensures developing true professionals


Thus Sem.II is more of a hunting process for preparation and Sem.IV is to survive in adverse situations with progressing mode.


Regards,

R K Sharma
Regional OW Coordinator
Rajasthan
Mobile: 91 9351605836

Monday, November 26, 2007

OWO - PLAN FOR SEM II & IV – INC THANJAVUR

1. OW equips the students to manage stress and uncertain environment of professional life, perfect communication by improving written and oral skills, observe and inculcate leadership, gauge the organizational situation, adopt analytical skills, and brand building. As far as the operation workout is concerned, we the Thanjavur team members planned together well defined operation workout exercise in an integrated manner well in advance for the entire semester-II &IV. But as the II –year students have to do live projects as well as MT-II for this semester, which consists of only 12 weeks period, we have limited the number of operation work out exercise to 5 or 6 instead of 12 to enhance quality owo, and to develop these owo into live projects / or MT-II in future. . To improve the credibility of their work, four hours has been allotted in between sessions, for owo, to both I & II year students in the following manner, i.e. 2 hours for data collection, 1hour for report preparation and 1 hour for report presentation. Every weekend, that is on Friday ( for first year ) and on Saturday ( for second year) , by last hour,i.e., 4.15 to 5.30 all the Faculties join together will evaluate Operation Workout report & presentation and we are maintaining separate OWO attendance report also. With the aim of getting premium placements in their key functional areas i.e. finance and marketing, we directed the students to do their research work in the following organizations.

1. Religare
2. HDFC
3. Reliance Mutual fund
4. ING Vysya
5. ICICI Prudential
6. Reliance petroleum
7. GE Money

As far as I year students are concerned , they were already given owo in small organizations like, restaurant, departmental stores, jewellery shop, consumer durables showroom and one Short paying Assignment in ICICI Prudential , so as to enable the students to get exposure in collecting the data, report writing and presentation. Now, with the aim of preparing the students to meet their SIP requirements, we directed I year students to do their owo in well reputed organizations.

OW PLANS AND STRATEGIES OF INC PONDICHERRY

ICFAI NATIONAL COLLEGE
PONDICHERRY
Plan-of-Action/Strategies in the direction of Sem II For Operation Work Outs
(Moving towards SIP)

 Operation work outs are designed as integrated ones with a single title
 Concepts from all the courses are stressed in accordance with the given title
 Students are to go out and meet the people of various companies and sectors and learn to gather information for future Corporate Exposure
 Two Sessions are assigned in a week to carry out their field work for their Opr. work outs.
 A Questionnaire should be prepared by the students and get it corrected before going out for Field work
 The Opr.work out is designed in such a way to create a Brand Awareness of ICFAI National College
 The students should bring back the proofs after visiting their company
 The Operation work out Reports should be submitted within the week
 Students should present their Oral Presentations on Their Opr.Work out every Saturday before all the Faculty Members

The Advantages of the Integrated Operation Work out

 Students learn the Course concepts at a stretch
 They learn to apply their mind with various concepts in a company
 The analytical skills are better exposed in an Integrated Opr.Work Out as their Multi tasking Abilities increase
 The core details of a particular company and the challenges in a concerned sector is better understood by Integrated Opr.Work outs
 The Operation work outs develop their communication skills, confidence and Adaptability which are the key components for achieving in SIP
 Time management skills are developed and the students learn the value of time


Example of an Integrated Opr.work out MBA-SEM II(2007-09)


Topic-Study the Business Trends of LG with reference to Air conditioners reinforcing the given concepts


MM-I - marketing Techniques to boost the sale
QM -Correlation between the discount offer and the buying behaviour
of the customer
FM-I - Calculate Profitability Ratios
OB - Organizational structure an LG outlet in Pondicherry
ME - Position of LG in competitive Market
AM - Cross sectional Analysis of LG wth Onida,and Samsung
IT - Create and Analyse Data using queries and generate forms and
Reports in Access Database
SS-I - Report Writing Skills



ICFAI NATIONAL COLLEGE , PONDICHERRY
Plan-of-Action/Strategies in the direction of Sem IV For Operation Work Outs
(Placement Orientation)
 The titles are given as Integrated ones for facilitating the students to complete their work within their assigned week
 Operation work outs are designed especially for Orientations in Banking, Finance ,Insurance, FMCG, ITES and Consumer Durables
To help students for Final Placements
 The students are asked to go in teams and present the reports individually
 The students are given two hours for weekly operation work outs
 The students should go out to collect the information with a questionnaire and that should be corrected from the Faculty and SST.
 The work should be completed and submitted within the assigned time
 The oral presentation has to be finished on every Saturday before all the faculty members and the CH.
 The reports should be submitted to all faculty members with all concepts mentioned
Advantages of Integrated operation workouts
 Students are enhanced for their interviews
 Concepts are analyzed by the students and they learn the inter relationships of the concepts
 A time bound project makes hem fit for the Corporate
 The details of the company are better registered in their minds
 The SWOT of the Sector makes the students well equipped for their Future Career
 Life skills like Adaptability, Decision making, Interpersonal skills are enhanced by the field work
Example of an Integrated Operation work out MBA SEM IV(2006-08)
Topic-A study of Business Environment of Novel Net ware in
Pondicherry
SFM -Firm's Business Environment
SHM -Organizational Design Dimensions
(size, technology, environment, goals and structure)
MKW -Importance of Knowledge Workers-
Understanding workers
BE - Importance of Ethics in Business
BS II - Key success factors of the strategies
WM - Asset Allocation of the company
CB - Analytical Process of Customer Care
SDM - Sales Forces structure of the company
Soft Skills IV - Report Writing and Oral Presentation

Thursday, November 22, 2007

Sharpening Period - Semester II & IV

Once upon a time there were two wood cutters. In a competition first woodcutter took 6 hours to cut 10 trees. The second woodcutter took 10 hours and cut 6 trees. The latter was obviously surprised at the performance of the former. The second woodcutter was wondering, “I have worked hard and for more duration. I did not even take rest. Even then how could you cut so many trees in so short a time?” The first woodcutter answered, “Altogether I took 3 hours to sharpen my axe while you did not sharpen your axe even once. Without a sharper axe how can you perform better”.

Our students are into II and IV Sem. These are crucial semesters for them. Because II Sem students are preparing for SIP and IV Sem students are preparing to get into the corporate. If they do not sharpen their skills and knowledge they are not going to do better either in SIP or in their first job.

Operational Workouts have been crucial tools in bringing the corporate and the students closer. At this crucial period the faculty members must be very much focused on the sector preferences of the students for their SIP and Jobs. Preferences should be in proper alignment with the knowledge and ability of the students. Automobile sector may not work for a student who says, “I am crazy for bikes”. Just craze may not take a person long. Adequate knowledge about the sector is very important. The only way to ensure this is to assign the students with the Operation Workouts which are related to their related sector. By doing these exercises their way to the jobs or SIP companies would be easier and focused.

Thus:
• Sector preferences of the students must be noted by the faculty members
• Students of IV Semester should be given the OW’s which involve the analysis of the companies and sectors, since; they have already gone through SIP.
• Students of II Semester should be given OW’s which are like ground works before they get into SIP.
• SPA’s are still one step ahead for the II Semester students, they would be able to work on target based assignments and to earn performance based incentives

Let’s work together to help the students in sharpening the axes. One semester’s sharpening can take them long way.

Naveen Kumar HC
Trainer-Soft Skills
Icfai National College, Malleshwaram, Bangalore

Wednesday, November 7, 2007

ANKUR as Ice-breaker

At the time of launch of ANKUR, that marked a gateway to what INC means to offer every management education aspiring student, Mr.Gopinath, Manager-Training announced to all

..."Management education is primarily an art of 'facilitating minds'. If right energy in a participatory format is facilitated, young minds areconfigured to a preparatory frame.

Let us start the NEW BATCH SEM 1 with a Big Bang event!

To mark the auspicious occasion, T&P in collaboration with Academics, Marketing, Accounts and Projects Department is enabling all INC Centers in staging a day-long Management Fest titled Appreciation ofNew Key Interventions in Learning (ANKUR 2007) at the respective INC Centers on 02 July 2007. Ankur is the culmination of the Preparatory sessions from 18 June and a curtain raiser for the mainframe of the Management Program.

This was followed in toto at all Centres, with tremendous student participation.

INC Aluva with guidance from RO Kochi has not missed this opportunity, and converted this moment into an opportunity to evolve an Operation Workout exercise for Semester I students. Let us listen to what they like to say in making ANKUR as the first ground to learn about OW, and its contribution to reinforcing classroom learning.

The beauty of MBA programme lies in the fact that it is the only professional course which gives equal emphasis on the skills and academia for a student. When it comes to INC, the same beauty gets graceful with the continous training of students where they are taught to apply the theory in practice. The message was visibly transmitted to the fresh batch of INC- ALuva with the operation workout on ANKUR.

When the objective of operation workout was told to the new students, they were a bit puzzled about how they can apply the theory in practice when they are only on the edge of finishing up the first chapters of various subjects and don’t know anything about the industry. But they were quite enthusiastic about ANKUR. Almost each one of them was involved with one or the other competion.The same students were in high spirits when along with ANKUR, they finished their OW on the same.

The OW was a collaborative one. All the Faculty Members who taught sem 1 provided the topic which is already taken for them in class. The details of the given topics are as follows:

Faculty Name: Mr.Nandakumar Menon
Course: MM 1
Target Concept: The 4 Ps of marketing , Importance of different utilities
Relevant chapter: 1st -Introduction to marketing


Faculty Name: Ms. Sudarshana Manoj
Course: OB
Target Concept:Role of leadership and motivation in Management Meet
Relevant chapter:General

Faculty Name: Mr.Shibu PJ
Course:FA
Target Concept:The preparation of Trial Balance, Journal entry, Balance Sheet and ledger
Relevant chapter: Capter 1-Accounting for Managers

Faculty Name: Deepak George
Course: El
Target Concept: An analysis of Team work for Ankur program
Relevant chapter:General

Faculty Name:Ms. Manisha Pillai
Course:FM
Target Concept:The role of a Finance Manager
Relevant chapter:Capter 1-introduction to Financial management

The topics of Marketing and OB were aligned with the “product launch” and “Collage”
The softskills topic was to analysis the relevance of team work, an integral part of MBA. The topics for FM and FA were streamlined with the finance available with ANKUR and how the money was utilized. The interest of the students was well reflected in the report and PPT presentations prepared by them. It was indeed a difficult task for Faculty members to choose the best one.


ANKUR - the Day Long management fest and the resultant OW based on the same, is indeed an ice-breaker, for it meant breaking the past mind-set of students [viz listening to lectures and taking down the notes], preparing them for challenges ahead of them as part of INC, and initiating them to realize how theory could be verified with a touch of reality.

INC Aluva [RO Kerala]

Regards,
T&P, INC-HQ

Monday, October 29, 2007

Accolades to you Mr.Vinay

From: K V Vinay <venkatavinay@gmail.com>Date: Oct 29, 2007 10:48 AM Subject: Re: Your program for school teachers

To: Suresh Arckatty <suresharckatty@gmail.com>
Dear Sir,

Good Morning.

Thank you very much for your mail. What really surprised me at the workshop was that despite the poor infrastucture - there were no chairs, no electricity, not enough teachers (3 teachers for 345 students, each teaching more than 3 subjects, the english teacher teaches both Hindi and Telugu)- at the second school where I conducted a program on Sunday(yesterday), their zeal to learn was vibrant. At the end of the program, I felt that the future of India is in safe hands. These government teachers functioned like teachers in a private school: open and service-oriented.

It was a rewarding experience for me. It corrected my wrong perception of these dedicated members of the teaching community. Other than, perhaps, job security there is nothing to motivate them. Yet they contributed.Their salaries are meagre.Yet they laboured with love. Whoever said Jai Jawan, Jai Kisan forgot to add Jai Adhyapak!

Regards,
Jc.K.V.Vinay
SST
INC Vizag

Friday, October 26, 2007

URGENT: Mahendra & Mahendra Financial Services: National SPA

On 10/25/07, AMARNATH.B@mahindra.com AMARNATH.B@mahindra.com> wrote:

Dear Nidhi,

As discussed with you, We are looking for the training on short selling assignment for 2 - 4 months. Which will be part time basis.

The students will be given the training on every Saturday and review on that day for the last week performance.

They need to work after the collage hours and need not report on daily basis to office.
They will be given the assignment where they need to meet the prospective business men or brokers who will be empanelled with mahindra finance for doing mutual fund distribution business.

They need to identify the potential people and explain about the opportunity to become the business associates with mahindra finance and make them associate with the company.

They will be given the guidance on the assignment and monitored by our Relationship managers to achieved their assignment.

We required around 20 students in each of the location starting from November 07 in the following states.

Delhi Mumbai Maharashtra Goa Karnataka Kerala Andhra Pradesh Tamil Nadu Haryana Punjab Himachal Pradesh J&K Gujarat Rajasthan Chhattisgarh Madhya Pradesh

Please communicate to all your centers in these states so that we can take them immediately.
Ask them to send their resume we will have the telephonic round of interview with each of them and select the candidates, as we don't have the time to call all people for the interview we will do it on telephonic round for this assignment.

For any clarification, please call me

Amarnath
Mahindra & Mahindra Financial Services Ltd. ("M&MFSL")

--- - -- --

Nidhi Kumar
Dy. Manager (T&P)
Jaipur - RO
Cell: 09982240366

Tuesday, October 9, 2007

Operation Workout: Executive Summary for August 07 Posted at OW official website

Dear Centre OW Coordinators/CHs/Faculty Members,

The Executive Summary for August 07 is posted at OW official website:

http://ow-sspa-inc.tripod.com/id1.html

The SSA/SPA report for August 07:

http://ow-sspa-inc.tripod.com/id23.html

Any doubts please...

Regards,

SANJAY NANNAPARAJU
Team Lead, Team-Operation Workout
Training & Placement, INC-HQ
Cell: 09848434615

Friday, October 5, 2007

Operation Workout: How creative can teaching be? S.Rita, QM Faculty, INC Dindugul,

The following OW exercise given by S.Rita of INC Dindigul reflects on how creative Faculty can become, and thereby enhance student's understanding of the concepts taught in the classroom.

Operation Workout: Week Ended – Aug. 18. 2007.

Faculty Member: S. Rita, QM.

INC: Dindigul

Title: Collect Details of Hepatitis-B Vaccination drive from a sample about two hundred households in a certain locality and test the effectiveness of the vaccine in restricting the occurrence of the disease

Application: Chi-square test

Relevant Chapter: Chapter 5 Chi-square Analysis

Solution: The above mentioned problem can be solved in three ways. They are as follows,

Approach 1: General Case

Variables

Vaccinated

Not vaccinated

Total

Affected

xx

xx

xx

Not Affected

xx

xx

xx

Total

xx

xx

200

Approach 2: After Vaccination (Age Wise with Occurrences of Disease)

Variable

Below 15

16-30

31-45

Above 45

Total

Not affected

xx

Only once

xx

Two times

xx

More than Two times

xx

Total

xx

xx

xx

xx

200

Approach 3: After Vaccination (Area Wise with Occurrences of Disease)

Variable

Area X

Area Y

Area Z

Total

Not affected

xx

Only once

xx

Two times

xx

More than Two times

xx

Total

xx

xx

xx

200


You can teach a student a lesson for a day; but if you can teach him to learn by creating curiosity, he will continue the learning process as long as he lives. ~Clay P. Bedford

Regards and thanks to Rita Samikannu.

SANJAY NANNAPARAJU
Team Lead, Team-Operation Workout
Training & Placement, INC-HQ
Cell: 09848434615