Things which differentiate IIM Udaipur – Team Work!

Climbing the ladders of a managerial career requires one to be cinch with team working abilities. Beginning from management trainees and proceeding through various phases of middle management and senior management roles, responsible managers are expected to work and deliver according to best of the capabilities of the team with which they are associated.

IIMU follows the pedagogy in the academic and non-academic student affairs in such a manner that the best of team working skills are inculcated in the students within the first three months itself of their stay at the institute. The academic programmes of the institute are launched with the first week entirely dedicated to team building workshops. External agencies who are specialist in the field are also sought to conduct innovative exercises involving sports, games et al to help in ice-breaking between the students and help them get ready for their journey in the institute.

A large part of the academic process involves weightage given to assignments, project submissions and class presentations given in study groups, furthermore, individual assignments. The study groups are formed by the Programmes Office with inputs from the faculty. A large care is taken to ensure parameters like academic, cultural and work experience diversity in the formation of groups to enhance the overall functioning of groups. IIM Udaipur has adopted case based learning methodology and a significant importance lies in the class participation and case discussions, hence providing the students of a feel of simulation of real life complex managerial situations.

The student clubs and committees and their plethora of vibrant activities in the institute complement the team building process. These bodies maintain autonomy in their selection process and hence bypass a large number of conventional parameters to form best teams aligned with their outcomes. The challenges posed to the students prepare them in honing their skills not confined to academic pursuits. The institute provides ample opportunities, independence and resources to students to conceive ideas and work in teams to plan and orchestrate their design and implementation. The institute has seen many such student driven initiatives culminating into events like The Leadership SummitThe Flagship Event of IIMU, Arth SamvaadThe Annual Finance Symposium of IIMU, SpandanThe Annual HR Conclave of IIMU, The Udaipur Leap Day Literature Festival and the Excursus Series.

Other prominent didactics like Live Projects, Field Surveys, Focus Group Studies, Industrial & Companies Visits, Global Immersion Programme, Student Exchange Term, Rural Immersion Course, Summer Internships and Placements Preparation Process all benefit students in the team working abilities by teaching them the values of mutual respect, appreciation, motivation, trust, understanding and refining of opinions, processes and working approaches.

Students also unite together with common interests and have come up with hobby clubs and societies for activities pertaining to sports, dance, music, arts, literature, photography, dramatics etc. Dedication to serve for a sensitive cause and social responsibility have also resulted in execution of student drives like Blood Donation Camp, Stem Cell Donation Camp and School Children Mentorship Programme.

Leaders well known in the corporate world are comprehended as great based on their abilities to lead teams with perfection for exceptional work deliveries. And IIMU strives to help students in developing as managers more confident of their team working capabilities and more responsible for team based actions so that they excel in their corporate journeys after learning the insights of transition at their stay at IIM Udaipur.

IIM Udaipur Supply Chain Excursus

Indian Institute of Management, Udaipur successfully conducted the IIM Udaipur Supply Chain Excursus on 18th January, 2014, the third in the Excursus series in a span of two months. The aim of the event was to create a platform for the industry leaders in Supply Chain to share their rich experiences and expertise through engaging dialogues, to showcase IIMU and its students to the outside world and provide a unique learning opportunity to the students through interactions with the industry stalwarts.

The theme of this event was ‘Supply Chain 2020’.  The event was flagged off by Prof. Janat Shah, DirectorIIM Udaipur, an Operations liturgist himself, where he highlighted that despite being one of the youngest IIMs, IIMU is leveraging the opportunity to establish itself as a completely different institute, focusing more on industry interactions, live projects and research.

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The first panel, represented by the Senior Supply Chain Management team from the corporate world with Mr. Siva PeriasamyHead of Procurement, Wipro, Mr. Kalyana Krishnan Head of Supply Chain, Ranbaxy and Mr. Arun Kumar GhoshHead of Supply Chain, Microsoft India, discussed on the topic ‘Collaboration in future Supply Chains’. The discussion was very enriching, where the esteemed panelists mentioned that team-work is an extremely crucial element in ensuring the success of Supply Chains. The areas touched upon were sourcing, collaborative planning cum forecasting and logistics services. Mr. Siva Periasamy emphasized that mutual trust forms the backbone of collaboration and companies should increasingly focus on collaboration to manage their complex Supply Chains.

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Poster Competition conducted by SKEIN The Operations Club of IIMU, during the event witnessed students battling it out in the final round by giving a 2-minute elevator pitch on various burning issues in today’s Supply Chain – containerization, impact of social media, use of hi-tech weather forecasting technologies etc.

The second panel discussion on ‘Supply Chain Innovations and their impact’ was represented by the Supply Chain Heads consisting of Mr. Moti GyamlaniChief Supply Chain Officer & Board MemberBharti Airtel, Mr. Ankur BhandariPartnerErnst & Young and an esteemed guest from a leading pharmaceutical company. All the honored panelists stressed on the need to build the culture of innovation in organizations. Mr. Moti Gyamlani mentioned how innovations in the service industry have transformed the business models and made it increasingly customer-centric.

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The day concluded with the declaration of the Poster Competition results followed by a vote of thanks. The Excursus event proved to be a great learning experience for the entire IIMU student community from the discussions about the future of Supply Chain with the experts from leading corporations and how tomorrows Supply Chain leaders need to think differently in order to cater to increasing customer needs.

IIM Udaipur Analytics Excursus

Meliorating the benchmark set by the “E-Commerce Excursus”, the Analytics Excursus was successfully organized on 5th December, 2013 in IIM Udaipur. The Analytics Conclave-2013 is a part of the series of summits planned by the Indian Institute of Management Udaipur, under the banner”Excursus”. Focusing on the importance of extensive data getting generated every day and to take the useful insight from it which can be used for decision making, the theme for the event was decided as “Big Data- Big Advantage”.

The Conclave encompassed a Presentation Challenge and two Panel Discussions. The Presentation Challenge comprised of a competition amongst student teams presenting the importance of Analytics and how well it has benefited the organizations. The panel discussions was a platform for industry leaders to share their expertise through engaging dialogues on two sub-themes within the umbrella theme of “Big data – Big Advantage”.

Panel Discussion 1: Big Data: Opportunities and Challenges

The new era of data presents distinct opportunities for organizations but at a certain cost. In order to be successful one has to understand the major functional areas that attract applications of Big Data. Organizations have challenges varying from acquiring the relevant data to selling this idea in the Indian market.

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Mr. Roy Cherian, CEO & Founder of Marketelligent, Mr. Gaurav Vohra, Co-Founder of Jigsaw Academy and Mr. Dripto Mukhopadhyay, Vice President, Indicus Analytics shared their views on the first topic of the day “Big Data: Opportunities and Challenges”. The general view of the panel regarding MBA students and Big Data was that MBAs should be more concerned about the impact this has on the business and should be able to quantify the results.

Panel Discussion 2: Big Data: Transforming Businesses and Creating Competitive Advantage

The opportunities brought about by Big Data have to be transformed into value by transforming the business practices. This technical revolution can be managed only by creating an enabling environment for using Big Data and transforming the internal business processes. Creating sustainable competitive advantage for companies depends on how well they transform the uses of Big Data.

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The next discussion witnessed business experts Mr. Ashit Panjwani, Executive Director at SAS Institute, Mr. Amar Saxena, Head of Analytics at RBS and Mr. Rajbir Singh, Global Head – Customer Centric Solutions at HCL. The panel mentioned that analytics deals with business problems and one should view the investment as a business investment and not as tech investment. They also said that one should be very clear with the questions that need to be answered, only then the analytics tools have meaning.

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The Analytics Excursus concluded with declaration of results for the presentation challenge competition followed by a vote of thanks. The panel discussion, the student presentations as well as the quality interaction with the industry leaders was an enriching experience for the students of IIM Udaipur.

IIM Udaipur E-Commerce Excursus

The Indian Institute of Management Udaipur successfully organized the first edition of the “IIM-Udaipur E-commerce Excursus” on 23rd November 2013 at the institute. Focusing on the importance of innovation, the theme for the discussion was “Shifting Gears: New trends in E-commerce.”

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The event was inaugurated with a Welcome Address by Prof. Janat Shah, Director, IIM Udaipur, where he emphasized on the significance of management education in being a transformation experience for the students. He spoke on the importance given at IIM Udaipur towards entrepreneurship, analytics and developing leadership capabilities in students

Mr. Srikant Gokhale, the Founder & CEO of East Avenue, a global research company gave the inaugural speech for the panel discussions. In his address, Mr. Gokhale shared his knowledge on the E-commerce & the Online Retail industry in India. He also educated the students on the future growth prospects present in this field.

The Conclave encompassed a Presentation Challenge and a Panel Discussion. The Presentation Challenge comprised of a competition amongst student teams presenting solutions to issues faced by the Indian E-commerce firms. The panel discussion was a platform for industry leaders to share their expertise through engaging dialogues on the theme “Shifting Gears: New trends in E-commerce”

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The event saw stalwarts from the top E-commerce firms expressing their knowledge and views regarding the future of the industry. The panel comprised of Mr. Hitesh Oberoi, Managing Director and Chief Executive Officer at Info Edge (India) Ltd and Naukri.com; Mr. Pranay Chulet, Founder & CEO of Quikr India Pvt. Ltd; and Mr. Manish Godha, CEO and Founder at Advaiya Solutions Pvt. Ltd. The speakers brought in different perspectives to the discussion sharing their vast experience in the E-commerce business. They discussed the fast pace at which the E-commerce industry is expanding in India and the implications of the same. They shared their views on how companies can bring improvements and adopt various innovative techniques to meet the demands of the future.

As part of the presentation challenge, the students of IIM Udaipur presented their analysis and recommendations for specific business challenges existing in the E-commerce industry. The challenges were pertaining to adopting the right marketing strategy and supply chain management strategy to resolve the issues faced by the E-commerce firms. The presentations were judged by the esteemed guest speakers.

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The E-commerce Excursus concluded with declaration of results for the business challenge competition followed by a vote of thanks. The panel discussion, the student presentations as well as the quality interaction with the industry leaders was an enriching experience for the students of IIM Udaipur.

Life @ IIMU

Nestled amongst the lush, verdant hills of the Aravallis in Rajasthan, the Indian Institute of Management, Udaipur currently located in the campus of the Mohan Lal Sukhadia University possesses the perfect setting and environment for a business school.

Academic rigour has always been a part and parcel of the life of an IIM student and the experience at IIM Udaipur so far, lives up to the same. With business cases to be prepared on an almost daily basis, the study sessions with fellow group mates and the umpteen reports and presentations that have to be made and delivered before deadlines (which more often than not are at unearthly hours, so far spent either watching movies, surfing the net or partying hard) life can get stressful and sleep, a bygone luxury. And just when you’ve had a really heavy lunch topped off with some chilled lassi, does a mail pop into your inbox. Now, outside professional life, mails are usually responded to with a bored glance or a casual laugh. An IIM student learns to expect more. Mails from the PGP office between 12.30PM and 3.30PM are…the most dreaded on campus. Statistics for Management toppers have for decades struggled with their regression, correlation and heuristic analyses to comprehend the relationship between full stomachs and afternoon mails from the PGP office. Surprise quizzes, considered by many as an initiative by the Lucifer himself, serve to knock you off your dreamy siestas and full tummies to those notes that you had, in all probability, hastily scribbled over the last couple of sessions in class. However, the burden of all these activities can be alleviated by merely stepping out onto the hostel terraces for some casual banter with your “ever-ready” group mates whilst taking in the fresh mountain air that most of us have for so long missed, before resuming preparations.

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Udaipur, also called the ‘Venice of the East’ is also called the City of Lakes. Hills, lakes, gardens and palaces, the city is not short on options to recharge the soul and the mind, a welcome relief from the daily grind. The Chief Conservator of Forests in Udaipur organizes regular treks for the students, which apart from being an experience in itself, helps build bonds that could very well last a lifetime. For the foodie, the alleys of the Old Udaipur town are a godsend. Rajasthani delicacies, Mumbai vadapavs and even Keralite non-vegetarian cuisine, the city’s got enough to keep you satiated. Fast food outlets of the likes of KFC, Pizza Hut are in a close proximity to the campus and make for a welcome reprieve at the weekends.

For those who want to work on their extra-curricular activities, IIM Udaipur’s clubs and committees (currently numbering to around 20) provide ample opportunities. The Media & Industry Interaction Cell organizes the Leadership Summit, which is the flagship event of the campus. The Literary club is not just restricted to organizing quizzes. Over the last year, it has organized the Udaipur Leap Day Lit Fest where authors of the likes of Rashmi Bansal and Ashwin Sanghvi visited the campus and interacted with the students. The club also conducted the Udaipur Amazing Race which was basically a treasure hunt across the city of Udaipur, organized along the lines of the popular TV show. The football and crickets enthusiasts among the batch have a Cricket and Football League system in place, complete with an IPL-style auctioning system to add a little extra spice. There are also regular JAM sessions and film screenings that allow the entire batch to let its hair down and have fun as a group. The institute also has a music room, where the musicians of the batch can let loose post the sessions in class.

As in every Management School, due importance is given to those clubs that promote the business of Business itself at IIM Udaipur. Finomina – The Finance Club of IIM Udaipur holds sessions and competitions with the batch to illustrate and discuss various aspects of finance. The Entrepreneurship Cell – Saksham holds guest lectures with the batch, where students get to interact with budding entrepreneurs. Prayatna – The Social Responsibility club has taken up a variety of initiatives to promote a spirit of social responsibility among the students. The Cultural Committee organizes various cultural events in the campus to highlight the diversity of the batch. The recent Food Fest conducted in association with the Mess Committee is just an example of the same.

As with any other college, the real flavour of IIM Udaipur is best experienced in its hostels. Time inside the hostels doesn’t run according to the Indian Standard Time though, at any point in the day the mean number of people sleeping and those wide awake are roughly the same. The latter are either working furiously to complete some assignment or trying to derive some inspiration for doing so off of Facebook!

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Come 8:30 AM and its quite common to see mouths frantically trying to gobble down the breakfast before entering the lecture hall – hopefully before the professor. The afternoons and evenings that are privileged enough to not be spent in class are utilized for impromptu siestas, volleyball matches or Counter Strike battles. More often than not, it’s all three combined.

The nights can be rather subdued before a quiz or some similar tragedy scheduled for the next day, however one thing that manages to bring people together even in times of such hardship is the call for “Maaro Maaro Maaro Maaro” that accompanies every poor soul’s birthday celebrations. The crowd congregates, beats the person black and blue, eats all the cake, (occasionally remembers to wish said person) and then go back to their respective studies. The quizzes still lie in waiting, and they are not going to study for themselves!