Harvard Business school Delegation visits IIMU

An academic delegation of 36 students from Harvard Business School visited IIM Udaipur campus accompanied by Prof. Shawn Coleon the 8th of January 2016. Prof. Cole is the John G. McLean Professor of Business Administration in the Finance Unit at Harvard Business School.He teaches and conducts research on financial services and social enterprise. IIM Udaipur is the only Indian B-school that the contingent visited as part of its Global Immersion Program(GIP) – a course that requires them to visit emerging economies such as India, South Africa, China etc.

The itinerary of the group includes visits to Delhi, Udaipur and Mumbai. The group visited startups in Delhi such as OYO Rooms etc. and provided consultation on various problems and projects.

The group’s visit in Udaipur started with a visit to an NGO, SevaMandir where theydiscussed and advised on various areas such as policy implementation, waste management and effective regulatory approvals.The group also visited a couple of hospitals in Udaipur for a brief observation of the health facilities and medical infrastructure in this part of the world and to compare health services of private and government establishments. It was followed by a joint case study discussion with students of IIM Udaipur at the IIMU campus.

 

Harvard Delegation Visits IIMU

Harvard Delegation Visits IIMU

The session was conducted by IIM Udaipur’s director Prof. Janat Shah and Prof. Cole on a case study discussing the low cost health care model implemented in India by a leading private hospital and the possibilities of replicating the model in emerging economies of South America.

Post the session the students of HBS expressed their satisfaction regarding the fruitful discussion with the students here and also with the teaching methodology at the institute. They highlighted the fact that the pedagogy and the structure of curriculum at IIM Udaipur were similar to the ones at HBS. This exemplifies the standards set by the institute due to itsfocus  onentrepreneurship, research and contribution to society. The visiting members were extremely impressed by the numerous initiatives of the institute such as Rural Immersion, International Business Practices (IBP) and various community development initiatives.

This was indeed a proud moment for IIM Udaipur as a delegation from the most prestigious university in the world visited the institute.IIMU has been amongst the select few B-schools in India which promote such programs and the experience of interacting with the HBS students is a great learning experience for the students.

 

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Implementation of GST is a game-changer

Read IIM U Director Prof. Janat Shah’s take on the GST implementation. Head over to this link on the Economic Times Blog

Implementation of GST is a game-changer

Excerpts:

Studies indicate that about 60% of freight movement within the country is by road. Close to 60% of the travel time is spent at various checkpoints.Long lead times make demand forecasts inaccurate and planning difficult. The implementation of the goods and services tax (GST) is, thus, a game-changer. It is expected to set right the aberrations in Indian supply chains and contribute to India’s economic growth, better integrate its market as well as firm up campaigns like ‘Make in India’.

The GST Bill proposes an additional tax not exceeding 1% on interstate supply of goods. Industry has expressed some reservation as this levy is cascading and would encourage firms to set up warehouses in all states irrespective of the trade volume.

Too many points in the supply chain results in unnecessary loading and unloading activities. In addition, it could also distort supply chains. A retailer, say, at Hosur in Tamil Nadu would then be supplied from the Chennai warehouse rather than from the nearby Bengaluru one.

IIM Udaipur organizes ‘Tribal Livelihood Workshop’

On 17th June 2015 Indian Institute of Management, Udaipur organized a workshop on ‘Tribal Livelihood’. IIMU is a member of Manthan Consortium. The consortium has researched and developed knowledge platform, e-groups, learning support, strategy advisory support through its member institutes.

The aim of the workshop was to create a learning platform where sharing of knowledge and experience is facilitated. The participants were the likes of Rajasthan Grameen Aajeevika Vikas Parishad (RGAVP), MANTHAN partners and NGOs working on livelihood issues in Udaipur.

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The event flagged off with a welcome note from Prof. Janat Shah – Director, IIMU who presented his views for the part that educational institutes could play in the developing an eco-system of livelihood for the marginalized . He words emphasized that IIMU holds a major responsibility to give towards the research, development and strategizing the initiatives for the income generation for the tribal. He considered the workshop as an excellent platform for academicians, practitioners, govt. officials to work together in the direction.

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The event was attended by the faculties from other management institutes of the country including MDI, XIMB, XLRI, TISS, and BRLF (Bihar Rural Livelihood Foundation). These institutes are also members of the Manthan consortium.

Prof. Shambu Prasad from Institute of Rural Management Anand (IRMA), Gujrat initiated and moderated the discussion by first briefing the audience about the Manthan (Management Academic institutes Network for Transforming Human Resources through Action and Knowledge), a three-year old consortium and its aims of strengthening the livelihoods ecosystem in India.

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Workshop was further led by the Mr. Hardeep Chopra, RGAVP representative, who work for the livelihood initiatives in various districts of Rajasthan. The initiatives have helped more than 55 lakh tribal men and women in the state. The great cause has been promoted at large-scale by creating Self-help groups and Village Organizations (VOs) for women. The initiative aims to ensure income of above 1 lakh for the families that are part of SHG or VOs. Giving testimony to the fact, women from tribal areas joined the workshop to share their experience and benefit from the RGAVP initiatives. RGAVP believes that the success stories would grow exponentially in future with more people joining hands using the platform of such workshops.

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The event acted as perfect platform for majority participants. Priyanka Singh, CEO of Seva Mandir also contributed to the discussion with her views on the issues prevalent in the tribal livelihood. She expressed her views on the income source majorly depending on the natural resources and labor. She urged various stakeholders and participants to formulate policies that are beneficial for the poor in for a long-term.

The workshop was further progressed by presentations on the livelihood models from participants. The speakers shared their learnings and experiences from the initiatives pursued and research done.

The speakers included Kalpana Pant from Chaitanya Foundation, Zulfiquar Haider, CEO form BRLF, Rama Kandrappa from ILRT and Dileep Gupta  from IGS, Abha Mishra from Aajeevika Bureau and Avanish Kumar  from MDI.

During the conclusion of the workshop, everyone appreciated the concept and the content of the workshop. They also requested to have frequent such sessions to keep the motivation high among the participants. IIMU takes pride in hosting such event which strives to make a greater impact to the society.

Foundation Stone Laying Ceremony of IIM Udaipur

The much awaited foundation stone laying ceremony of IIM Udaipur was held on 13th February, 2015 at the site of the institute’s upcoming campus at Balicha, Udaipur.

The Balicha campus, which is spread over an expanse of 253 acres, is set to be the largest IIM campus in the country. The campus will have state of the art facilities in terms of both academics and extra-curricular activities, to facilitate holistic development of its students. In accordance with IIM Udaipur’s constant endeavor to be environment-friendly, particular emphasis is being laid on ensuring that the new campus is a green campus, with over fifty percent of space being reserved for parks. The new campus will also house twenty-seven water bodies of different sizes.

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With the vision of setting new standards for sustainable and energy efficient academic institutions, construction of the new campus was initiated on barren land of 300 acres which was devoid of vegetation. With the help of xeriscaping and added area research, a green belt is being created which will be an inspiration for the native arid zone. Traditional water harvesting systems are being employed, to create a self-sustainable campus in terms of water demand, which will help neighbouring villages and surrounding zones to achieve water efficiency. In terms of green technology, the highlight of the new campus is that it will be a net zero-waste campus where all waste will be treated as a resource.

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The ceremony began with the unveiling of the foundation stone by the Chief Guest, Smt. Smriti Zubin Irani – Union Minister of Human Resource Development, Government of India. The event also had Smt. Vasundhara Raje – Chief Minister of Rajasthan as the Guest of Honour.

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Post the unveiling of the foundation stone, the lighting of the lamp was done by Smt. Smriti Irani and Smt. Vasundhara Raje. The welcome address was then given by Shri. C. K. Birla, Chairman – Board of Governors, IIM Udaipur. Mr. Birla spoke about the role of management institutes as a bridge between academia and industry. He also mentioned that the vision of IIM Udaipur is being committed to research and generation of new knowledge in the field of management. IIM Udaipur would be achieving this, through its mission to inculcate values that will guide the journey of its students as leaders. Mr. Birla also discussed at length about IIM Udaipur’s emphasis on development of the region and on constantly striving to be a world class institute.

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Smt. Vasundhara Raje heralded the laying of IIM Udaipur’s foundation stone, as a very prestigious event for the region. She emphasized on the need for IIM Udaipur to become a Centre of Excellence for Rajasthan.

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Smt. Smriti Irani then addressed the audience and mentioned the laying of the foundation stone as an initiative to give substance to the dreams of many aspiring students. Ms. Irani also discussed about initiatives that should be taken up at IIM Udaipur, namely world class water management research that would benefit the entire state of Rajasthan, adoption of five surrounding villages by the institute to help improve their standard of living, use of agro-based industry skill development technologies from India and abroad at the institute, and development of a centre for tourism and hospitality on the campus.

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Prof. Janat Shah, Director – IIM Udaipur then expressed his gratitude to all individuals, organizations and especially the Centre and State of Rajasthan, for their unwavering commitment and support. Some of the other dignitaries who attended the ceremony were Shri Arjun Lal Meena – MP (Lok Sabha), Shri Phool Singh Meena, MLA – Udaipur Rural, Shri Kewal Nohria, Member – Board of Governors, IIM Udaipur, Shri Shailendra Kumar, Director (Management) – MHRD, Govt. of India, Shri Ashwini Bhagat, Secretary – Higher Education, Govt. of Rajasthan, Prof. I.V. Trivedi, Vice Chancellor – Mohan Lal Sukhadia University, Shri Bhawani Singh Detha – Tribal Commissioner and Shri. Rajendra Pawar, Chariman – NIIT & Member – Board of Governors, IIM Udaipur.

The ceremony came to an end with the playing of the National Anthem. With the laying of the foundation stone, work on the new campus has begun in full swing. Future batches of IIM Udaipur can look forward to moving to a campus with world class amenities that is known for the competitive students it produces, as also for its constant efforts to build a sustainable campus that works with the local community to create an ecology that is beneficial to both the institute and the region.

The Leadership Summit 2014 organized at IIM Udaipur concludes on a successful note!

Indian Institute Management Udaipur hosted the third edition of its annual flagship event, The Leadership Summit 2014 on 23rd August, 2014 at the Durbar Hall, City Palace, Udaipur.

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The Leadership Summit is a student-driven initiative which is organized by the Media and Industry Cell (MiiC) of IIMU. The event serves as a platform for corporate leaders to share their opinions and views on select themes through diverse engaging panel discussions. The panelists comprise of distinguished leaders from industries and academia. The objective of the summit is to get unique insights from the leaders and get to understand the direction in which the economies, corporate policy making and businesses are heading viz-a-viz globalization and competition. The first two editions of The Leadership Summit have been immensely successful. The umbrella theme for the Leadership Summit 2014 was “RETHINK: A paradigm shift in the Leadership Trends of India“.

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The event began with a Welcome Address by Prof. Janat ShahDirector, IIM Udaipur. Prof. Shah laid emphasis on the initiatives on which the institute has a strong focus such as Immersion, Research, Analytics, Entrepreneurship and Social Responsibility.

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Dr. V RaghunathanCEO, GMR Varalakshmi Foundation & Ex-President, ING Vysya Bank served as the Chief Guest in the event. Mr. Puneet DalmiaMD, Dalmia Group of Industries was the Keynote Speaker. Both the leaders laid emphasis on the need of a social purpose behind every leadership initiative.

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The event had three student moderated panel discussions. First Panel’s theme was “Rethink Approach: How to think, act and lead in this era of Globalization?” with participating speakers, Mr. Balaji R. Narayanswamy General Manager, Mindtree, Mr. Sukanti Ghosh Member of Global Management Committee, APCO Worldwide and Mr. Vishal Mathur VP Sales, Eicher Motors. The panelists discussed the key challenges faced in Globalization, skills and opportunities present in going Global.

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Second Panel’s topic of discussion was “Rethink Boundaries: Can we learn Leadership from boundaries beyond corporate world?” with participants Mr. Ramkumar Executive Director, ICICI Bank Limited, Mr. Praveen Mathur Major General (Retd.) & Advisor, Director General Hydrocarbons, Ministry of Petroleum, Mr. M P Vasimalai IIMA Alumnus & Founder, DHAN Foundation and Mr. Kalyan S. Bose Senior Volunteer, SPIC MACAY. The panelists discussed the various facets of leadership development citing examples from multiple avenues.

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Third Panel saw discussions on the theme “Rethink Convention: Women in Leadership Roles – Changing the rules of the game!” with panelists Ms. Arnabi Marjit GM-HR, Lupin Pharma, Ms. Namrata Gill VP, Organizational Development and Talent Management, Mahindra and Mahindra and Ms. Neelima Khetan GM, Sustainability and CSR, Coca-Cola India. The speakers discussed in detail about the challenges faced by women in the corporate world, the possible solutions and the changing landscape in the business world.

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The event also saw a special segment on Big Ideas Session delivered by Mr. Sanjay PanigrahiCEO, Sahaj e Village Ltd. who spoke largely on the Rural India and the potential of management principles application in the sector.

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The event received a very good response and concluded with felicitation of the speakers and vote of thanks. The event is a student driven initiative of IIMU which aims to bring the business community of Udaipur, global leaders, faculty and students of IIMU on a common platform where they can exchange knowledge and insights and work towards establishing possible future sustainable partnerships.

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Vedanta Group served as the Title Sponsor of the event while Wonder Cement helped as the Associate Sponsor of the event. Along with them, many other organizations came forward to extend their help in organizing this event. The other sponsors of the event were:

Media Partner: Rajasthan Patrika

Co-Sponsor: Eve’s Corporate Channels India Private Limited

Organizational Partner: UCCI

Printing Partner: Lucky Offset Printers

Magazine Partner: City Angle Lifestyle Magazine

Supporting Sponsors: Aravali Minerals & Chemical Industries Private Limited and Shree Rajasthan Syntex Limited

Mall Partner: Lake City Mall

CreaZione 1.0 Branding Competition at IIM Udaipur!

MarClanThe Marketing Club of IIM Udaipur organized an intra-institute branding competition, CreaZione 1.0 at IIMU campus. The competition was designed around the process of bidding, creating brand elements of a product and selling the product with a communication programme to the audience and the judges. The concept of the event aimed at testing the marketing and brand management skills of the participating students.

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A total of 8 teams comprising of students from both the years of the PGP Programme participated in the competition. The competition had three rounds:

Round 1: Auctioning – The first round of the event was auction based. The participating teams were provided with a basket of twelve brands (mostly an existing company) and they needed to bid for buying the rights of creating a new brand mantra for the company.

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Round 2: Idea Generation / Pitching – The teams then had to bid for the brands and buy the required rights. Then, they had to dive in and use their creative talent to come up with a new brand mantra for the brand.

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Round 3: Product Release / Media Communication – The teams which proceeded for the final round had to face off in a media clash. They had to pitch in for the product release and face the media and defend their strategies.

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Prof. Subhadip RoyFaculty of Marketing Management and Brand Management at IIMU and Prof. Soorjith KarthikeyanFaculty of HRM at IIMU served as the judges for the event. Team Crime Patrol was declared the winner of the event while Team Men at Work and Team Agarbatti stood at second and third position respectively. The prizes of the event were sponsored by Raymonds, Curry N Crunch Restaurant and Shreenath Ice Cream Parlour. IRISThe Photography Club of IIM Udaipur helped in clicking the pictures of the event.

Indian Institute of Management Udaipur celebrates its third anniversary!

It was 27th July 2011 when Indian Institute of Management, Udaipur joined the league of the premier business schools across the country. The foundation laid by its Director – Prof. Janat Shah remains firm as the institute completes its 3 years full of enthusiasm, aspiration and accomplishments. It is an important milestone in the institute’s journey of becoming a unique establishment in all the facets of management education.

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The auspicious occasion of IIMU’s third anniversary was graced by the presence of the institute’s Director and was celebrated jointly by the students, faculties and staff members. The biggest asset of the institute, its students, organized a cake cutting ceremony in all high spirits and greeted everyone on the anniversary. The pride was visible among all the members of the IIM Udaipur Community as they described the event as – “three years of togetherness, three years of sharing & caring, three years of happiness, three years of trust and three years of transformation “ .

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The event progressed with a motivational address from Prof. Janat Shah, who congratulated the complete IIMU Community comprising students, faculty and alumni for being an integral part of the journey. His reminiscence of the institute’s achievements from the past 3 years elevated the students’ beliefs. IRIS – The Photography Club of IIM Udaipur enthusiastically helped in covering the ceremony.

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IIM Udaipur strives to become a globally accepted academic institution. The ideology prospers as the students and faculty members dedicate themselves to develop socially responsible and confident business leaders. A constant motivation and support of pursuing a path less travelled of entrepreneurship imbibed with a sense of social and economic value creation encourages students to grow multi-dimensionally. The all-inclusive growth value driven in the institute’s initiatives can be measured by the triumph of the recently concluded event, Inclusive India Forum 2014, which was graced by the presence of eminent corporate and social personalities across the nation. Progressing forward, the institute has lined up events such as Spandan 2014 – Second edition of its Annual HR Conclave and the institute’s flagship event The Leadership Summit 2014.

With three years of education, excellence, innovation, transformation and uniqueness, IIMU promises to grow abound with its leadership, values and uniqueness quotient and is on a fabulous journey towards becoming one of the top B-Schools of the world.

Things which differentiate IIM Udaipur – Faculty!

Great educational institutions have faculties and academics as their biggest assets. The most important element which plays a critical role in IIM Udaipur’s objective of imparting quality education is the faculty team at the institute. The selection process of faculty at IIMU is designed to consistently attract the best of the teaching and research talents from the PhD programmes of India and abroad. While putting together the faculty team, the practitioners and academicians are tested for excellent potential in their respective domains. Prominent faculties from the top B-Schools of India like IIMA, IIMB, IIMC etc. also visit to bolster the academic wealth of IIMU.

IIM Udaipur has over 22 permanent and over 30 visiting core faculties contributing to a faculty to student ratio of 1:5.5. This ensures personalized attention to the students resulting in their better learning, grooming and hence forth, transformation. The number of research and working papers published in the journals across the globe within just three years on inception reflect that some of the best management research work is carried out in the IIMU campus.

The faculty incorporates best pedagogical means and practices comparable to those followed in the best B-Schools of world in the development of students. The craft of teaching and the methodologies of deliveries are complemented by the well-equipped infrastructure of the institute and technologies like research tools, digital library platforms, latest journals and Bloomberg Financial analysis & research lab.

The current faculty force includes professors, researchers and consultants with significant experiences in the field of teaching. Senior industry professionals also join the permanent faculty for lecturing the students about their business acumen. Intellectual entrepreneurs who have created enterprises executing business strategies blending with ideas also contribute in the learning process of students in sync with another pillar of the institute, entrepreneurship. The academic curriculum of the institute is overseen by Prof. Jahar Saha, Former DirectorIIM Ahmedabad. The visiting faculty of IIMU has prominent names on the likes of Prof. Jagdeep S. Chokkar, Former DeanIIM Ahmedabad and Co-Founder of Association of Democratic Rights Foundation (ADR) which recently bagged the IBN and NDTV Indian of the Year Awards. Other pioneers in their own rights of different management domains like Prof. Ramesh Bhat (IIMA), Prof. L. S. Murthy (IIMB), Prof. Sunil Unny Guptan (IIMA) and Prof. Janat Shah, DirectorIIMU join the list of faculties teaching at the institute.

Each faculty of the institute is aligned to the goals, vision and values of the institute and dedicatedly prepares the students for responsible positions they would take up in various management roles. All faculty members are always approachable and their guidance and support is available to students and alumni even outside the classrooms for tutorials, live projects, internships, placements preparation, job guidance and clubs & committees events. IIMU possesses the potential of best teaching minds and has a long term aim to become the hub of management research in the country.

Jaipur Foot Camp organized at IIM Udaipur

PrayatnaThe Social Responsibility Club of IIM Udaipur organized a camp on 16th Feb, 2014 for free distribution of aids, appliances and certificates of disability to differently abled people. The camp was organized in collaboration with Shree Bhagwan Mahavir Viklang Sahayta Samiti (BMVSS) Udaipur, City Administration and Mahavir International Organization, Udaipur.

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The camp was set up in IIM Udaipur premises where students extended their services to support the noble cause. A team of doctors provided disability certificates and recommendations for helping aids to the disabled. Some of the key persons from various organizations including Government bodies, clubs and hospitals, who joined hands in this initiative by lending their services and infrastructure are Satellite Hospital’s medical team including Dr. Rajiv Saxena, Dr. Mukesh Jain and Dr. Tonk, Prof. Janat ShahDirector, IIMU, Mr. Yatindra Vir Singh from Roadways Department, Social Welfare Department of Rajasthan, Mr. Raj Lodha, Mr. Vardhman Mehta, Mr. J.S. Sameer, Mr. Rajendra Sen, Mr. Arjun Soni, Mr. Ganesh Dagaliya, Mr. Arun Kothari, Dr. K.L Kothari, Mr. R. K Chatur, Mr. Deepak Mehta, Mr. N. S Saxena and Mr. Bhandari.

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A total of 82 differently abled people benefitted from the camp which includes 29 students from different parts of Udaipur district. The benefits include 10 hand-peddled tricycles, 24 hearing aids, 3 Jaipur Foot’s prosthetic legs, 4 calipers, 1 pair of crutches, 38 certificates of disability, 29 railway transport passes, 37 roadways transport passes and 6 student scholarships.

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Social Responsibility is one of the key pillars of IIMU. And our Director Prof. Janat Shah’s persistent efforts lie in awareness of the budding managers of IIMU towards the critical issues in society. Prayatna appends his vision of developing a sensitized student force by giving them ample opportunities to serve the under-privileged. The camp proved to be one of the initiatives where the students spent a day well, spreading moments of happiness and joy sharing lunch with the people and got a chance to do a significant value addition to the society by creating awareness among the differently abled people about the opportunities ahead and a new life with Jaipur Foot.

IRIS – The Photography Club of IIMU helped in coverage of the memorable day by clicking pictures.