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Vol. 2, No. 04, April 2013 CONVOCATION 2013 MDP ON SUPPLY CHAIN IIM RANCHI ONCE COLLABORATION MANAGEMENT AGAIN HOSTED TEDx WITH CCL Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion. - Jack Welch From the Editorial Board ............................................2 From the Convocation 2013 .........................................................3 MDP on Supply Chain Management ...........................8 Editorial Board Publications ................................................................10 Ralph Waldo Emerson an Conferences, seminars, workshops attended ...........12 JANAKI JAGAN American essayist once said, COORDINATOR “Do not go where the path may Activities ......................................................................13 lead; go instead where there is no Idea partner for ODI path and leave a trail”, that was CCL for Barefoot program E-Cell the convocation message to the TEDx graduating batch. The message MOHAMMED THANVEER Spin a Yarn of loyalty and honesty is more PGDM (2012-14) Students’ Achievements important than the lessons learnt about balance sheets, Placements : Summer & Final ...................................23 positioning or supply chain to a CONTENTS Farewell .......................................................................29 generation that is the product of Awards.........................................................................30 the liberalized era. IIM Ranchi’s MEGHA PRANESH 2nd batch passed out with flying PGDHRM (2012-14) Director’s Diary ...........................................................31 colours. The atmosphere of Collage confidence and happiness was mingled with sad departures and good-byes. GURTEJ SINGH CHOPRA PGDM (2012-14) The outgoing batch passed out with a great sense of achievement due to the stellar placements that the institute was able to achieve; many GAURAV VERMA companies had offered lucrative PGDM (2012-14) profiles to the students. With the aim of being a unique management institute and the different value proposition it offers to students, IIM Ranchi is sure to revolutionize the management education. We wish the next generation of managers who are just about to get very busy with their rigourous summer internships “all the very best”. Hoping that the future leaders of this institute will traverse a path that no one has travelled and will 2 leave a trail for the rest of the country to follow. CONVOCATION 2013 CONVOCATION 2013 IIM Ranchi’s 2nd Convocation was held on Monday, March 4, 2013 at the Aryabhatta Auditorium of Ranchi University. The programme started with Ganesh Vandana. ltogether 125 students were given by the Chief Guest. PGDM 2011-13 Batch graduated. 66 from PGDM Mr R C Bhargava, the Chairman, Anup K John received the Gold (Post Graduate Diploma in Board of Governors, IIM Ranchi Medal being the 1st ranker in the Management) and 59 from and also Chairman Maruti Suzuki batch of PGDM. Mudit Kumar Jain APGEXP (Post Graduate Programme Udyog Limited, welcomed the Chief was the recipient of the Gold Medal in Management for Executives). Guest and delivered the presidential as Best Outgoing Student and Silver The Chief Guest for the address. In his presidential address Medal for being 2nd ranker of Convocation was Padma Shri B he urged faculty members to PGDM batch. Ranjith Kumar Reddy 3 Muthuraman, Vice Chairman, Tata reassess the teaching methods. Illuru and Mr Avishek Basu Mallick Steel. The gold and silver medals were given the Gold Medals for Best Summer Project in Finance and Marketing Area respectively. Appreciation certificates towards Institution building were given to Ashish Mishra, Hanu Prateek Kunduru, R Vishal, Rachit Kumar Sharma, Sri Raghava Kiran Mukku and Sunny Sumanshu. PGDEXP 2011-13 Batch Alok Kumar Singh was the recipient of Gold Medal for his 1st rank and Rajeev Kumar Gupta was adjudged the Best Outgoing Student and 4 received the Gold Medal. Chander Mohan Chugh received the Silver Medal as 2nd ranker in the batch. Dhiraj Kumar, Rajesh & PGEXP students. Sharma, Pradeep Kumar & Anupam Mr Muthuraman in his Mohan were acknowledged with Convocation Address said India is certificates for the best project likely to emerge as a superpower work in Finance, HR, Marketing & within four decades but a few Operations Area respectively. challenges, foremost being social Appreciation certificates towards inequality, stood as hurdles. He Institution building were given advised the students to be ready to Debashish Roy, Dhananjay to serve and help people. He also Kumar, Manoj K Khadia, Nivedita stressed and said, “Life is not Roy, Praveen Kumar Mishra, a 100-meter race, it is rather a Sanjay Kumar Mishra and Santosh marathon”. Therefore, he told the Kumar Satapathy. students to develop the stamina of The Chairman, Board of a marathon runner. He said, “we Governors, IIM Ranchi, Mr often tend to forget that society is 5 R C Bhargava distributed the an important stakeholder in any diplomas to successful PGDM venture and economic equality and progress is dependent on social of success or failures. MBA education in India – “India’s equality. Those who are good to Dr M J Xavier, Director of the education system is poor in people need to be appreciated,” Institute in his report mentioned quality and produces `functional he added. that MBA education in India was illiterates”. The term `functional Mr Muthuraman also busted the at crossroads. He observed that illiteracy’ refers to inadequate myth that marks scored in exams campus recruitment had gone reading and writing skills that are a pointer to knowledge gained. down by 40 per cent over the last leave a person unable to effectively He explained that an individual four years, 180 B-schools had manage any employment task. reaps only 30 per cent of his learning closed down in 2012 and another Dr Pradip Kumar Bala, from educational institutions, 180 were expected to follow suit. Chairperson, PGDM delivered the gleaning the rest through traits He also quoted the UNESCO vote of thanks. such as decisiveness and handling Director’s recent comment about 6 CONVOCATION 2013 7 MDP PROGRAMME Receving the Chief Guest, Shri Dhirendra Kumar, MD Jharcraft, Ranchi MDP ON SUPPLY CHAIN MANAGEMENT IIM Ranchi organized a Management Development Programme (MDP) on Supply Chain Management. he coordinators for finance and accounts. and emphasized that they must be the programme were The programme on March 17th trained with the best of tools and Prof. Amit Sachan, IIM 2013 was inaugurated by Shri technqiues to serve society better. Ranchi and Professor Dhirendra Kumar (IFS), Managing Prof. Lall delivered the first day TVinod Lall; Ph.D, CSCP, Professor Director of Jharcraft. He explained of the programme and sessions of Operations Management and how the organization has grown were on Introduction to SCM, Supply Chain Management, School multi-fold in five years to become Demand forecasting, Supply Chain of Business, Minnesota State a Rs. 100 Crore revenue company. Drivers and Facility Management. University Moorhead, Moorhead, According to him, the focus has Prof. Chandrasekaran, Adjunct MN, USA. Participants were been socially oriented towards Faculty in Loyola Institute of from Jharcraft, a Jharkhand State providing gainful employment Business Administration, Chennai Government undertaking and to rural people of Jharkhand and delivered sessions on Day 2 from Honeywell Automation India produce products par excellence. covering Inventory Management, Ltd, Pune. Jharcraft participants The prices could be premium and Transportation Management, were from multiple disciplines must commensurate with quality. Information and Supply Chain 8 such as sales, designers, product He was categorical in mentioning Risk Management. Participants specialists, cluster coordinators, that his colleagues contributed were enthusiastic and discussed administration and secretarial, to the success of the organization a number of real life situations. MDP PROGRAMME It is very heartening to note that such a programme can be blended for both, profit and non-profit organizations. The complexity of multiple SKUs (running into thousands) in categories like art and craft models products produced by artisans, handlooms, silk, paintings and so on made the participants relate the importance of supply chain orientation to serve customers better and be of high value to the needy strata of society who produces these products. Participants related the tools and techniques to their business and made interesting observations and presentations relating to their work. This offering was an important step in designing and delivering MDPs for organizations that develop socially responsible 9 models and also articulate research and training for the sector. PUBLICATIONS Dr Amarendu Nandy Op-ed titled Taxing the Rich- Focus on GST and DTC First, Financial Express, Jan.l7, 2013 (Pg.6) Putting Railways on Profit Track (Co-author: Prof N Sivasankaran) Business Line, Mar.2013. Dr Amit Sachan A Review of Research Methodologies in Private Equity: 2005-2011, Journal of Private Equity, Summer 2012 (Co-authors Smit Suman, Suvansh Sharan), (International) Dr M J Xavier Solving Functional Literacy in India, EduTech, Dec. 2012. Business for a Cause, India Now Dec. Jan.2013 IIMs have to reinvent themselves, Education Insider, Jan. 2013. Management Mein Career Ke Liye Kuch Batein Jaruri (Mantra-6), Prabhat Khabar, Jan.22, 2013. Tablets Battling Faculty Shortage in India, Digital Learning, Feb.

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