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Alankar Vol.XXVI, Issue 1 January 2014 N E W S L E T T E R O F I M F a G R O U P

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Alankar Vol.XXVI, Issue 1 January 2014 N E W S L E T T E R O F I M F a G R O U P st alankar Vol.XXVI, Issue 1 January 2014 N e w s l e t t e r o f I M F A G r o u p CORPORATE MESSAGE Dear Colleagues, In this Issue The 48 MVA furnace at Therubali, TCP-3 should be operating at full load ?CORPORATE MESSAGE by the time you read this. We have directed huge resources for upgradation of facilities at Therubali. Need to put our best efforts now to ?EVENTS realize true potential company wide, as we are short of Ferro Chrome production targets by far, year till date. This, along with quick stabilization ?OPINION of 120 MW power plant is of great importance now. Our business environment remains challenging, both domestically and ?ACHIEVEMENTS internationally. There is promise of strong economic expansion domestically, but global issues – weak growth in Europe, concerns over ?TOUCHING LIVES BEYOND BUSINESS slowdown in China affect almost every business. Irrespective of how fast i. Bansidhar & Ila Panda the turnaround happens, only the most agile will emerge winners. In Foundation Activities other words, a tighter focus on our core business and corporate affairs ii. Other CSR Initiatives capabilities assume great importance now. We have completed the midterm review in line with the new PMS, and a ? DIVINE & DIVINITY higher level of engagement by employees was heartening. Our HR priority in challenging times is not to minimize costs for the time being, ?SPECTRUM but to make the organization stronger and ready for future growth – by showing the longterm vision, by listening to employees and by identifying ?IMFA IN NEWS top potentials for development programs. With best wishes, Jayant Misra Director (Corporate) www.imfa.in EVENTS Leadership Development Program IMFA has embarked on an exciting Growth journey – both within existing businesses as well as areas where our strengths and capabilities can be leveraged. We are committed to people development in line with our vision to encourage a “Culture of learning, empowerment, performance and intra-preneurship”. A Leadership Development Program (LDP)”UTKARSH”, was recently conducted for 24 Senior executives of IMFA. Spanning over 6 months, the program was an ideal mix of classroom learning sessions and experiential learning through Action Learning Projects (ALP). Classroom learning included, intensive skill sessions in crucial areas such as strategic thinking, motivation, delegation, decision making, building high performance teams, negotiation skills, giving and receiving feedback, coaching etc.. Cross functional teams were formed to practice skills covered in classroom sessions and deliver on projects relevant to IMFA. Projects covered under ALP were: ·Talent Management: Design & Develop Leadership center of excellence and High potential development process for IMFA. ·Strategic Alliances & Business Development: Develop Processes to help evaluate and implement strategic opportunities ·Performance Management Process: Design New PMS - process for all executives . This is already being implemented during performance year FY13-14 ·Planning & Budgeting: Re-design strategic planning, annual planning and budgeting process to ensure better focus on long term priorities as well as improved control on costs ·Continuous Improvement: Continuous Improvement (CI) cell with focus on improving operational efficiency through implementation of Total Productive Maintenance (TPM) and Theory of Constraints (TOC) ·Stainless Steel: Evaluate in detail the Stainless Steel market, value chain and its potential, to decide on future business expansion. These projects are critical to strengthening IMFA's business practices. The LDP participants have demonstrated extraordinary commitment and delivered outstanding results. The Action Learning Projects are at various stages of implementation and are already making a positive impact not only in the way we do business but also in the way we interact with our teams. 2 alankar EVENTS N e w s l e t t e r o f I M FA G r o u p Sarala Award The 34th Sarala Award function was held on 26.10.2013) at Jayadev Bhawan, Bhubaneshwar. The annual Sarala Award was instituted in 1979 by Indian Metals Public Charitable Trust(IMPaCT), a charitable wing of IMFA Group. Sarala Award is recognised as the foremost literary award in Odisha. Eminent writer Shri Achyutananda Pati received the prestigious award for his book 'Cha'ru Chaitanya Paryanta'. Two other renowned personalities – singer Shri Pranab Kishore Patnaik and artist Shri Gokula Bihari Patnaik were also honoured for their valuable contribution in their respective fields. Shri Achyutananda Pati received a cash award of Rs.2.5 lakh along with a citation while Shri Pranab Kishore Patnaik and Shri Gokula Bihari Patnaik received a cash awards of Rs.51,000/- each along with citations. Chief Guest, Shri Shirsendu Mukhapaddhyaya, an eminent writer, famous for his research-based books in Indian languages, gave away the award to Shri Achyutananada Pati and Ms. Paramita Mohapatra, Director IMFA , honoured the artists with citations. Other senior members of the Sarala Jury Committee and eminent literary persons also graced the occasion. 21st Ekalabya Puraskar – 2013 International Shooter Shriyanka Sadangi bagged the prestigious 'Ekalabya Puraskar' -2013, carrying a cash award of Rs. 2 lakh, while athlete Dutee Chand and weight-lifter Achyutanand Sahu received citations and cash awards of Rs 50,000 each at the Ekalabya Puraskar Function held by IMPaCT at Bhubaneshwar. Hon'ble Justice Mr. A.S Naidu (former judge Odisha High Court), the Chief Guest, gave away the award in presence of Mr. Biajayanta Panda, Trustee IMPaCT, Jury member Mr Amar Patnaik (IA & AS), Accountant General and Convenor Mr Sanjeev Das. The Ekalabya Jury Committee comprising of distinguished members from different walks of life were unanimous in selecting Shriyanka Sadangi for the award and athlete Dutee Chand and weight-lifter Achyutanand Sahu as Citation winners. Instituted in 1993 by IMPaCT, a Trust, managed by IMFA Group,The Ekalabya Puraskar is presented every year to outstanding young sports persons of Odisha and is recognised as the most prestigious sports award of the state. 3 EVENTS Foundation Day Celebration : CHQ Foundation Day celebration at IMFA Corporate Headquarters at Bhubaneswar began with Birthday felicitation to Chairman Dr Panda whose birth day coincides with the IMFA Foundation Day. All the employees along with Management team at Bhubaneswar wished Chairman a long & healthy life. At the Long & Dedicated Service Award ceremony, Chairman presented employees with mementoes and citations for having completed 30, 25, 20, 15 & 10 years in IMFA. For the year 2013, Ms. Paramita Mahapatra, Director and other senior executives were also present. Foundation Day : CDR The 52nd Foundation Day of IMFA was celebrated on 26th November, 2013, at the IMFA Staff Club Premises. A Science Exhibition was organised by different schools. Long & Dedicated Service Award was given to employees who completed 35 , 25 , 20 , 15 & 10 Years of Service at IMFA. Awards were also given to winners for Best House keeping to the deserviing departments, for Best Suggestion, Inter-School Science Exhibition and Inter departmental Volley Ball Tournament,. The programme concluded with a colourful Cultural Programme. Foundation Day Celebration : N C M At N C Mines, Foundation Day was celebrated with dedication of a Community Hall at Tanal constructed by IMFA. This was followed by distribution of Winter Clothes to senior citizens in the mines area, In the evening, the IMFA premises were decorated with lights. Addressing the employees Mr. P Khandelwal, CFO & Company Secretary emphasized on industrial growth and team spirit. Mr. V K Agrawal, Senior VP, explained the Company objectives and stressed on productivity. Foundation Day at SMC The 52nd Foundation Day a meeting was organised at the conference hall of Sukinda Mines (Chromite). The speakers highlighted the changing scenario of IMFA, the vision & mission of Dr.Banshidhar Panda, Executive Chairman and conveyed his message to work untiringly to achieve Organisational goals & individual goal . Long & Dedicated Service Awards were presented to employees for their service at IMFA. Prizes were distributed to employees for long and dedicated service & winners of different events of the Annual Sports Meet. 4 alankar OPINION N e w s l e t t e r o f I M FA G r o u p Dr Indrajit Banerjee is Director, Information Society Division, Communication & Information Sector UNESCO since 10th August 2010. Born in 1964, Dr Banerjee obtained a Bachelor of Arts degree in Arts and Sciences (1985) from the Sri Aurobindo International Centre of Education, Pondicherry (India), and a Master of Arts degree in French (1988) from the JNU, New Delhi (India). He obtained Ph.Ds in Communication and in Didactics from the Université de la Sorbonne Nouvelle, Paris (France). From 1995 to 1996, Mr Banerjee pursued a Post-Doctoral Research Fellowship in Communication and Media at the Université du Québec, Montreal (Canada). Dr Banerjee was Adjunct Faculty at the University of Ottawa (Canada) from 1996 to 1997. In 1998, he became Associate Professor at the School of Communication and Information, first at the University Science Malaysia and, from 2001 to 2009, at the Nanyang Technological University. Between 2004 and 2009, Mr Banerjee also served as Secretary-General of the Asian Media Information and Communication Centre (AMIC) in Singapore. In July 2009, Mr Banerjee was appointed Chief of Information and Communication Technology in the Education, Science and Dr. Indrajit
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