Kelley School of Business teaches IPMX 2011-2012 batch

The Kelley School of Business (Indiana University, USA) taught the IPMX Class-of-2012 at South East European University (SEEU) at Tetovo/ Skopje, Macedonia. This was a truly International immersion for all of us as a US B-School not only taught us at a relatively developing region of Europe but also sensitized us with a different Europe, which turned out to be really very courteous and warm host for all of us.



Some excerpts ..

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30 November 2011

This week, November 28 thru December 3, 2011 SEEU is hosting a collaborative training event between Indiana University’s Kelley School of Business (IU KSB) and the Indian Institute of Management (IIM-L), from Lucknow, India.
This event is follows a cooperation agreement between IU and SEEU signed on 19 November between SEEU’s Rector, Prof. Dr. Zamir Dika and IU President, Prof. Dr. Michael A. McRobbie.

Every day this week, 67 students from India will be studying in an intensive one-week certificate program in business analytics with teaching support from known academic staff from the IU KSB. Professors from IU include: Prof. Dan Smith, KSB Dean, Prof. Rich Magjuka, Prof. Vijay Khatri, and others.

SEEU staff are also part of this event, supporting logistics and also taking part in specific sessions of the training.

This event illustrates once again that SEEU is becoming more of an international partner in higher education.

excerpted from : http://www.seeu.edu.mk/en/information/news-events?id=610



Photos courtesy Sachin Goyal - IPMX Class of 2012

--Posted by

Shashwat Srivastava

(Media Committee IPMX-04)

Udyam 2011- Day 2- Keynote Address by Hon. Justice C Joseph

Day 2 @ Udyam 2011 began with the keynote address by Hon. Justice C Joseph, Supreme Court of India.
Excerpts from Hon. Justice Joseph’s address is shared below
“Distinguished panellists, members of the faculty, my dear students and other participants, a very sensitive and controversial subject you have chosen. Being a sitting judge of the supreme court I have my limitations to express my views on matters that would come for consideration in court. Bearing in mind of my limitations I would share my views today.
This is a leadership summit; I believe that those who are invited to share their views here are perceived to be leaders in the society. I have also noticed that those who are invited are not in politics. It is heartening to know that there are people who realize that leaders are not confined to the politics but also outside that realm. Leadership can’t be restricted to politics. Unfortunately in our country, leadership takes the hues of being part of politics
I am happy that you have taken a wider perception of leadership. In our society there are too many leaders, but there are very few good leaders.
It is possible to go to internet and view the readings of the great men who have defined leadership, but I always felt that what my teacher in primary school told me still holds good and I have not come across a better learning during these 65 years.

My teacher told me that a good leader is one who knows the way, shows the way and goes the way.

We have many leaders who do not know anything, still there are many people who know nothing but show the way and go the way. It is this conflict between precept and practice that baffles the society”

Hon. Justice Joseph went on to share a story from his hometown about an Anti-Liquor Rally that was organized by Gandhi Peace organization, which got disrupted because one person who is notorious for his alcoholism came in front of the anti-liquor rally and demolished the very credibility of the rally by his act. He drew parallels from this story with the society of today, as the people who jump on the bandwagon of corruption today also do not have the same level of credibility to lead such a rally against corruption.

Any number of laws, judges, policemen and punishment would not eradicate corruption, if that would have been possible it would have been eradicated. People are so ingenious that they find a way to get out of law as soon as a new law is created. What is required is a change of heart as far as every individual is concerned which can only be achieved if there is a commitment to justice.

Justice Joseph eloquently described justice as follows
“Justice implies that everyone gets what he needs and none takes more than what he deserves. You deserve something as the outcome of what you have put in, no one should take more than what he deserves .In a just society it is not enough to live and let live, but we must try to live and help live others”

He further mentioned that justice demands concerns and compassion for others. If one helps to identify the just society in this way, it would help each one of us tackle the problem of corruption. Most often one indulges in corruption by choice, he has the other option of choosing opportunity and freedom to desist from being corrupt but for his own reasons he makes a choice to be corrupt.

From his experiences he had come to realize that even though corruption is all pervasive in India, we shall not ignore the positive aspects of our society and Justice Joseph urged the audience to think about the positives of our society as well, which often get overlooked and forgotten, and the negative side is exaggerated.
Justice Joseph said that there are many honest politicians, bureaucrats, social workers and businessmen who have been aiding in the development of India over the last 6 decades and we should not ignore or forget them in our anxiety to condemn what is wrong in the society.

Our focus should be to become prophets of hope rather than prophets of doom.

Finally Hon. Justice Joseph closed this extremely motivating and thought provoking keynote address by congratulating IIM Lucknow for organizing this discussion and hoped that it motivates us to play a more active role in eradicating corruption.

-By Saurabh
Event and Media Committee

Udyam 2011-Day1-Keynote Address by Mr. M.Damodaran

Udyam is a quest from IIM L to participate towards nation building and contribute in means and manner required by country at different stages of growth. So each year IIM Lucknow tries to bring to fore the issues that either paralyse our country or issues that are pertinent to the sustainable growth of our country.

The topics covered for this year's summit were

Innovation Led growth model for India
Corruption: By Choice or compulsion ?
Green Business: Enabling a sustainable future
Role of HR in imbibing CSR Culture in Organization


Day 1 of the annual leadership summit “Udyam 2011” started in the traditional way of lighting the lamp by Dean Archana Shukla and the chief guest for the day Mr M.Damodaran,former SEBI Chief.


Thereafter Mr M.Damodaran officially inaugurated the event by delivering the keynote address and illuminating the audience with his pearls of wisdom.

Mr. Damodaran started his address by mentioning that young women and men of India, should be at the centre stage of India’s growth and development effort. He said that he takes this opportunity to try and provoke the audience on where India is and where it can be if we all do the right things and where India would be if we don’t do those things.
He went on to talk briefly about each of the three areas which were part of the planned panel discussion in this leadership conclave.

On corruption he mentioned that we look at corruption as a standalone phenomenon that needs to be addressed, and focus more on symptoms rather than the disease. He mentioned that corruption is something that held his generation back as the older generation did not have access to information.He exhorted the virtues of the younger generation of constantly asking questions and appreciated this urge of the younger generation to understand what is unknown. Rather than being a nation of “Yes mans” we now need to develop a critical and analytical temper which helps in nation building.

Mr. Damodaran urged the audience to realize that the society is maligned by "acceptable corruption" and even enlightened, intelligent and articulate people don't question this.We should not be tricked by persuading oneself that there are only few problems which exist and we as a nation need to realize that there are a number of bumps along the way.

Mr.Damodaran further shared his views on Corporate Social Responsibility and how it has become a new trend in the Industry. However CSR should be expressed in terms of what it means, our outlook on CSR has not been clearly drawn out.
Events such as Udyam are held to ignite the minds of future leaders of India to think on how to shape the future of this country. He encouraged each member of the audience to believe in himself and tell oneself that no matter what your experience has been there is a leader each one of us.

He ended the keynote address stating that

"It is important that we allow the leader in each one of us to come out, fed on the right values and incentives and that is what conclaves of this kind foster".



-By Saurabh
Events and Media Committee

IIM Lucknow Presents -"Udyam"- The Leadership Summit !!!

Come November 4 and 5th 2011, IIM Lucknow's Noida Campus would play host to the annual leadership summit- "Udyam-2011"

“Udyam 2011” is IIM Lucknow's endeavour to provide a platform where eminent personalities from government, corporate world and society exchange thoughts on the topics that are going to shape the future of India Inc. Udyam is the leadership summit that addresses the most current issues that touch industry, politics and society.

The summit aims at providing a channel for confluence of ideas to surmount the challenges faced by industry, government and society.

Event Dates: 4-Nov-2011 to 5-Nov-2011
Venue: IIM Lucknow- Noida Campus

Please visit the main event website for details about the event and the program schedule:  http://www.iiml-udyam.com

Details of the Page are also available at : http://lifeatiimlipmx.wordpress.com/udyam-2011/

Kakkar Ko Takkar - Ad Competition @ IPMX

The perception that there is no humane face to management education was
proved wrong by IPMX students of IIM Lucknow Noida campus on Tuesday. With
limited resources and a shoe-string budget, the executive MBA students of
the institute shot creative advertisements on social issues ranging from
child labour to malnourishment.

The competition, aptly termed 'Kakkar ko Takkar' (students throwing a
challenge to celebrated adman Prahlad Kakkar), started with dean prof
Archana Shukla and professor Rajeev Kumra welcoming the chief guest, Barun
Das, the CEO of Zee television. Once the three-member panel of judges - Das
and the two professors - settled down, the much-awaited contest rolled off
to a thunderous applause from the students.


IPMX student Dr Pratibha Dabas walked away with the honours with her
innovative ad on child malnourishment. Through powerful images set in the
backdrop of moving music, she highlighted the shocking tale of children in
dark and neglected corners of the world dying of malnutrition. The team of
Rajbeer Kaur, Chandrakala and Saurabh Bhatia bagged the second prize for
their innovative and sensitive handling of child adoption issue. The third
prize went to Prafulla Kumar, Sheetal Karnataki and Sweta Singh for their
advertisement on female foeticide.
Impressed with the advertisements, Das offered to run the best entries on
some of his channels. "It's a fantastic effort, especially because you
didn't have the kind of resources that an ad agency has. Some of the ads
brought about flashes of brilliance," he said while addressing the class.

The team of Subhradeep Bhattacharya, Surender Mallik and Anurag Singh put
the show together on behalf of the marketing club of IIML.

The adverts can be be viewed at the following link:
http://www.youtube.com/user/IIMLucknowIPMX

Life @ IPMX - Updates

It's been a frenetic 6 months as the fourth batch of IPMX moves well into the 3rd term and towards the period that every B-School student waits for with anticipation- Placements.

Two terms have been completed and with the euphoria of becoming 50 % MBAs a realization also dawns that only 6 more months are left in our collective journey of reinvention. Come April the campus would be spruced up again to welcome a new set of people.

The period of July-August witnessed a number of activities held in the IIM Lucknow's noida campus from a tree plantation drive to the IPMX Senior Connect, which could not be published due to the approaching end term exams.
These updates would be posted on the blog over the next few days.

The upcoming months would witness "Udyam- The Leadership Summit" and a "Marketing Conclave"  among a series of planned events and we promise to share with you our avid reader with many more snippets from these events.

-IPMX Media Committee 

IIM-L signs MoU with Kelly School of Business

The Indian Institute of Management, Lucknow has signed a memorandum of understanding with the Kelley School of Business at Indiana University, USA for extensive research and student/faculty exchange programme. Both institutes have agreed to enter into a long-term relationship for a collective pursuit of excellence in global business education. Together, the institutes will also explore the possibility of launching a dual degree programme that will be designed and developed by both institutes, and taught primarily at IIM-Lucknow's Noida campus.

In the memorandum of understanding signed between the two institutes on August 31, the management institutes have also agreed to organise combined research activities to facilitate studies at both institutes. According to the terms of the MoU, both institutes have agreed to enter into a 'long-term relationship to mutually support each other in the pursuit of excellence in global business education'. The institutes will also collaborate closely for faculty and student exchange programmes.

Director IIM-L, Dr Devi Singh, said, "As the world connects globally, research cannot be confined to geographies. In order to innovate, we have joined hands with one of USA's leading B-schools to share our expertise and learn together."

According to the MoU, the dual degree programme will be designed, developed, marketed and delivered by both institutes and will be primarily, taught at IIM Lucknow's Noida campus, where faculty from both institutes will teach. As part of the research collaboration, case studies will also be developed, which will in turn be used for teaching, designing and delivering a series of faculty research workshops.

Public relations and media relations officer, Anuradha Manjul, said, "The institutes have agreed to collaborate in three major areas: research, faculty and student exchange and developing a dual degree programme. Since both institutes follow the case study method of teaching, this will be a mutually beneficial arrangement." Apart from exchange programmes for the faculty under the MoU, the institute has also agreed to organise events like web-seminars, and video conferences.

Currently, IIM-L has already put in place faculty exchange programmes with 27 management institutes across the globe, including KSB, George Mason University and University of Connecticut's School of Business.

-- excerpted from TOI

Senior Connect: A night to remember

It was a stroll down the memory lane for the IPMX alumni who descended on the campus on 24^th July to relive their student days. Planned as an informal gathering, the senior connect event sought to link the experience of seniors with the exuberance of the present batch.

Ideally one would have picked up a Saturday evening for the event as the looming Monday morning blues takes the fun out of Sunday evenings but as luck would have it, due to a plethora of lectures and workshops on Saturday we were confined to arranging the event on a Sunday. Whoever said there is a weekend in a week for people to relax did not consider MBA Students in his sample.

Thus the event was planned for Sunday, 24^th evening. It took us about 2 weeks to prepare for the event and as the date of the event came close there was an expected buzz around the campus. Almost the entire batch was curious to see the people who had survived this 1 year and passed from the hallowed gate of IIM Lucknow.

We had planned for a music system and a DJ and few games to entertain our guests for the evening.Thus by 6 PM we were ready with the logistics, now started the biggest challenge “the wait”…



True to the Indian tradition, the stream of visitors picked pace well beyond the world standard time. Our first guest arrived at 6:35 PM. Soon more followed and by 7:20 we had more than 20 seniors with us.

At once the atmosphere was heavy with excitement; we kicked off the program with a small introduction of batch and a power point presentation of previous batches. As part of the icebreaker session we started with some small games and gave out small prizes in form of chocolates

Slowly people warmed up and Ajay from the very first batch of IPMX started sharing his experiences about his journey in IPMX.



Other seniors followed and soon the room was full of anecdotes and past experiences as the alumni relieved their journey in IPMX on choosing elective courses, methods of study.

Someone had just started suggesting the merit of studying hard and learning but then a hoot came from background: “Aren’t you the one who bunked highest number of classes?”  One thing I chose to remember that “have as much fun you can while you are at IIML”.

Then soon it was time for food and mingling, all the guys were chatting up storms in groups and every one was busy. We shut down the PA system and projectors for good and got busy with new found friends.



Very soon, seriousness of discussions gave way to some fun. In no time, people were gyrating to music on the dance floor.
It was an evening to remember. We met and saw the people who had been through this program before us and we could see our own reflections few years from now.

-Pravin Shanker

Leadership Talk Series: Mr.Rohit Bansal, Vice President, EXL Services

“If you are a person who hates mediocrity and loves challenges in life, consulting is the place for you”. This was the core message delivered by Mr. Rohit Bansal, Vice President, EXL services to the students of IPMX in his two hour session. It was a great learning experience for the students of IPMX where they learned about the nuances of Consulting industry and what it takes to touch the zenith of success in this industry.

Leadership Talk Series, Mr. Amandeep Gupta, HR and Executive Director, Dalmia Cement

AN EVENING CEMENTED IN THE MINDS



It has been a long time coming! More than a month ago, we were fortunate to play host to Mr.Amandeep Gupta, HR and Executive Director of Corporate Affairs for Dalmia Cements, and accompanying him was Mr.Anil Chakaravarthy, HR Head for Dalmia Sugar. Dalmia Cements is a relatively old company with a rich heritage for 70 years. Dalmia Cements is also one companies that  is heavily invested in R&D and in specialty cements ranks first in the country.

"Kakkar ko Takkar" : The First ever Ad war at IIML-IPMX

To give rest to the analytical neurons of the brain and to have some exercise for the creative ones, IIML IPMX Marketing club is organizing Ad contest where the participant teams have to come up with a 60 seconds video campaign on social issues. The competition will be held in two phases. In the first round, the Ads will be judged by one of IIML’s esteemed professors from marketing department.

Important Dates:

1. Registration by Monday, Aug 1^st, 2011


2. First round of judgement on Friday, Aug 5^th, 2011


3. Second round date to be declared soon

--

Marketing Club IPMX IIM Lucknow

Leadership Talk Series: Mr.Sanjeev Bikhchandani, Founder Info Edge

"Businesses are built on customer insights”

This phrase captures the essence of the seminal address given by Mr. Sanjeev Bikhchandani, founder of Info Edge and creator of successful web portals such as Naukri.Com, Shiksha.com, and Jeevansaathi.com to the students of IIM Lucknow IPMX course as part of theIPMX -Leadership Talk Series.

Throughout the close to 3 hour session, Mr. Bikhchandani enthralled the students as he shared his experiences on his entrepreneurial journey. Info Edge started as a company which performed entry level salary surveys, and moved on to build a market a database of pharmaceutical trademarks.

An Afternoon with Mr. Ambarish Dasgupta

In the first week of July right after our Term –I exams, we had the privilege of hosting  Mr. Ambarish Dasgupta for a leadership talk series at our IIM Lucknow, Noida Campus the area of focus being, “Management Consulting”

Mr. Dasgupta is a stalwart of the consulting industry, having more than 15 years of experience in this field and is currently the executive director and partner at Price Water House Coopers (PWC Ltd.)
In the 90 minute session he touched upon the various changing trends in consulting space.

Trip to Jim Corbett National Park

For most of us oversleeping and missing breakfast had become a norm during the last few weeks of Term I.  To shake off the End Term examination blues, few of us decided to head to Jim Corbett National Park.

As the Park is about 230 Km from our campus, hence we decided to take an early start. We woke up in the wee hours to pack our stuff and kick off for our weekend adventure trip.

Snapshots from Hell

After two months of grueling classes, last-minute submission of assignments and projects, surprise quizzes and spine chilling end term exams, we have stepped into our second term. Battered and bruised, the swagger of term one seems subdued but the spirits are still soaring high. Wiser from experience of spending sleepless nights for exam preparation, many (yours truly can be excluded from this elite list) have resolved not to let anything pile up till the D-day.  Planning, after all, is an essential part of being a manager-to-be.  Execution though can wait till the opportune moment.

Business Analysis is Not IT !

In continuation of the rich tradition of the Leadership Talk Series, we got an opportunity to interact with not one but two eminent business leaders, Ms. Kathleen Barret, President and CEO of International Institute of Business Analysis and Mr. Ashish Mehta,Vice President and Global Practice Head- Business Analysis at Keane Inc.

Established in 2003 with its base in Canada; International Institute of Business Analysis (IIBA) is the leading association in the world of Business Analysis. The organization with its team of 20,000+ members worldwide is working extensively to build a body of knowledge reflecting the generally accepted practices in the field of Business Analysis.

Leadership Talk Series : Evolution of BA practice and its relevance to MBA's

"Background of the Speakers "

 

Kathleen Barret

• In June of 2009, Kathleen Barret became International Institute of Business Analysis’s full-time President and CEO.


• Over 25 years of experience in information technology, Kathleen has held many roles including most recently, managing offshore software development work for a large financial service organization.


• Experienced in CMMI and benchmarking, and through her many years of consulting, brings cross industry knowledge to her role at IIBA.

Ashish Mehta

• Vice President and a Global Practice Head – Business Analysis at Keane Inc.


• 14+ years of proven track record.


• Strong capabilities in building and leading Business Analysis & IT Consulting organization along with the expertise in Strategic Management, Business Development and Quality.


• Certified six sigma black belt.


• Ashish holds a Bachelor of Engineering in Computer Science and an MBA in Marketing and Finance from H.P. University, India.

Marketing Club Meet - VARTALAAP with Mr. Sumant Bhattacharya

Mr Sumant  Bhattacharya (creative director-Leo-Burnette) took us through a inside view of an advt agency & its critical functions like client servicing, strategic alignment & creative development. Relevant issues like the advt mix of various media (TV,print,radio,activation,outdoors) were discussed in details which invited inquisitive questions from the club members. Practical process of an advt creation was the best part of the whole discussion where in Mr. Bhattacharya tried to create an add for a fictitious telecom agency based on the brief formulated by the group. The class had a outburst of laughter on certain occasions when a few trivia were shared on different product categories & their communication strategies.

Entrepreneur Club Invites "Ask Laila" Co-Founder, Mr. B.K. Birla

Entrepreneur club of IIIMLucknow IPMX batch 2011-2012 invited Mr. B.K Birla, one of the founding members of Asklaila for an informal discussion with the IPMX students under the Entrepreneur Connect Program.

Mr. Birla shared his experiences on venturing out with AskLaila, a local search engine which is currently operational in 752 cities of India.

Starting from the launch of Asklaila to going into the myriad aspects of doing a business, Mr. Birla gave us a sneak peek into the life of an entrepreneur. Mr. Birla helped us in understanding how does a revenue model of a company work, how the data is gathered for local search engines, how does a company process that data and last but not the least how a company handles the ever changing dynamics of local search engine markets!

LEADERSHIP TALK SERIES- STOP “WORKING”!!!!!!!

After many moons of harping by the IIML admin, we finally got the opportunity to kick-start the Leadership Talk Series on 20^th May 2011. First up on deck was a man who had made a habit of facing adversity eye to eye and trumping it with clinical precision.

Mr.Vijay Shekar Sharma, Founder, Chairman and Managing Director of One97, was kind enough to accept our invitation, grace us with his presence and regale us with his talk and very early on it was evident as to why he was regarded as a renowned industry speaker.

The Essentials of Starting up!

The entrepreneur Club organized an introductory lecture on "The essentials of starting up" by Abhishek Nirjar.

The session had nuggets of information  about different entrepreneurial ventures undertaken by IIML graduates.

The disparate mix of ventures such as ShareurJoy, ZiceLife ,ShoeLaundry  and L4Lacademia  left us speechless with the ingenious list of ideas and immaculate execution.

From Kelley To Delhi

Crouching in the velvet cream colored sofa of the college reception hall, I was dreaming of the bed lying idle in my hostel room, which after a long day of mine in the class, was enticing me cruelly to embrace it and forget about the High-Tea arranged in the evening to confluence us with students from Kelley School of Business, USA.Just when my body posture was gradually taking in the safety of the sofa, the students from Kelley gushed into the hall with such energy and vibrancy that I, as if in a reflex action, sprang to my feet at once and rushed towards them with my right hand extended.

Living it up!

"Trrrrnnnnnn....", "Trrrrnnnnn....!"I slapped the phone alarm. Somewhere I felt that I still had some time left to get ready for the office. OFFICE?!!! My eyes gaped and mind went blank. Suddenly it dawned on me, I was in the college! Bed just threw me out in a jiffy and here I was, on my way to the class.

I had always dreamt to be part of this elite school of business and today I was. Galloping with happiness, I reached my first class. It was that first class and then it is today (past 3 weeks), its really been a journey worth sharing.

Starting from the disparate mix of people in the class to seamlessly fitting faculty members, it has been an enriching experience of learning. Thanks to the management accounting subject, suddenly the articles in the economic times are making some sense now! Not only are the articles but also those inquisitive questions which were never questioned earlier are getting raised.

The Great Leap...

Classroom beckoned after an excruciating wait of 91 months. What looked like a never-ending hiatus with studies was finally bridged last week when I found myself slouched uncomfortably among a heap of intimidating, high-sounding fat books, and a bunch of enthusiastic people drawn from all corners of the country.

Leaving behind the security of a decent paying job, cosy confines of home and care of family, I landed at IIM Lucknow Noida campus welcomed by a surprise shower. And yes I didn’t miss the evening pakoda-chai, which as I feared has become a regular feature at our mess.