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November 2014 Management Times

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November 2014 Management Times AIMA’S MONTHLY E-MAGAZINE AIMA | SNAPSHOTS | NOVEMBER 2014 MANAGEMENT TIMES NOVEMBER 2014 AIMA OFFICE BEARERS PRESIDENT Mr. Hemant M Nerurkar Chairman TRL Krosaki Refractories Limited Dear Readers, I am pleased to present the November edition of AIMA News. SENIOR VICE PRESIDENT Mr. Firdose Vandrevala Looking back on the past months gives me great satisfaction as AIMA forged Executive Vice Chairman ahead with its mission of building management capability in the country. Over the past months we reinforced our strengths and also Essar Steel India Ltd launched some new initiatives. None of this could have been possible without the support of our members and well wishers, and on behalf of VICE PRESIDENT AIMA I would like to take this opportunity to thank you all. Mr. Sunil Kant Munjal The past month saw AIMA President, Mr HM Nerurkar address the Lean Joint Managing Director, Summit held at Bangalore as Chief Guest, and the Annual Convention of Hero MotoCorp Ltd. & Viakom Management Convention. The Lean Summit was jointly organised by Chairman, Hero Corporate Service Ltd. AIMA and Lean Management Institute of India. In addition AIMA organised a Workshop on Innovation led by Prof Soumitra Dutta from Cornell University, TREASURER which was also addressed by Mr D Shivakumar, Chairman and CEO– India Mr. P Dwarakanath Region, Pepsico Holdings India Pvt Ltd and Ms Kirthiga Reddy, Managing Director, Facebook India. You will find brief reports inside. Advisor - Group Human Capital In addition AIMA organised its third Young Leaders Retreat in Goa which Max India Ltd has been designed to enhance the leadership skills and capabilities of the IMMEDIATE PAST PRESIDENT young managers of today. The Retreat was led by Mr Shivinder Mohan Singh, Executive Vice Chairman, Fortis Healthcare Limited and Mr Vineet Agarwal, Ms. Preetha Reddy Managing Director, Transport Corporation of India Ltd. The programme was Executive Vice Chairperson a huge success and saw the likes of Mr Piyush Pandey, Mr D Shivakumar, Mr Apollo Hospitals Group Sanjeev Bikhchandani, Mr Chandra Shekhar Ghosh, Mr Pramod Bhasin, Mr Roshan Abbas share their thoughts as speakers at the various sessions. DIRECTOR GENERAL This edition of AIMA News also carries coverage on other training Ms. Rekha Sethi programmes, workshops and interactive sessions conducted by AIMA during the period; and brings you updates from the Local Management Published by Associations. Management House,14, Institutional Area, I hope you enjoy reading this edition of AIMA News. Lodhi Road, New Delhi-110003 Tel : 01124645100 Warm regards Fax : 01124626689 E-mail : [email protected] Website : http://www.aima.in Rekha Sethi Managing Editor Director General Ms. Smita Das 1 AIMA | SNAPSHOTS | NOVEMBER 2014 CONTENTS 04 LEAN SUMMIT AIMA SNAPSHOTS 09 INTERACTIVE SESSION 05 WORKSHOP ON CASE WRITING 10 MEMBERS CORNER 06 3RD YOUNG LEADERS RETREAT FEATURES 13 AL A DIGIT PRESCRIPTION FOR PHARMA COMPANIES 07 WORKSHOP ON INNOVATION 20 THE BANK OF THE FUTURE 09 TRAINING PROGRAMME 25 LMA NEWS 40 AIMA EVENTS CALENDAR 2 AIMA | SNAPSHOTS | NOVEMBER 2014 Lean Summit Inauguration of the Lean Sumit AIMA was the co-organiser of Lean Management in Bangalore on 6th & 7th November 2014. Institute of India’s (LMII) Lean Summit 2014 held The Summit started with a welcome address by Mr S Sandilya, Chairman, Lean Management Institute of India. The keynote address was given by Lean sensei Mr. John Y. Shook, Chairman & CEO, Lean Enterprise Institute and Mr. Jose R. Ferro, President, Lean Institute Brasil, followed by plenary sessions by speakers like Dr. N Ravichandran, Executive Director, Lucas-TVS Ltd; Mr. Anshuman Tiwari, Vice President – Process Consulting, HSBC Global Change Delivery and many more. Mr. H.M. Nerurkar, AIMA President and Chairman, TRL Krosaki Refractories Limited was the Chief Guest at the Summit and the Guest of Honour was Mr. Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor Ltd. H.M. Nerurkar, AIMA President and Chairman, TRL Krosaki Refractories More than 250 delegates participated in Ltd. addressing 4 AIMA | SNAPSHOTS | NOVEMBER 2014 the Summit, representing 100+ organisations coming from 8 different countries. The vote of thanks was given by Mr. Janak Kumar Mehta, Chairman & MD Director of TQM International Pvt Ltd.; President, International Academy for Quality and Director, Lean Management Institute of India. The summit in progress Workshop on Case Writing Communications, Gobindas Enter- tainment Private Ltd., KRIBHCO, Calderys Refractories Ltd. were visited. Participants interacted with the senior officials of the organisations. On day three of Participants at the Workshop the workshop all the participants presented drafts of their case studies to a panel AIMA organised a Case Writing Workshop comprising Dr. Upendra Dhar, Group Additional from 26-28 November 2014. Around 25 faculty Vice-Chancellor & Pro-Vice-Chancellor persons from various B-schools participated in Academics, Amity University and Dr. Anand P. this workshop. The objective of the workshop Gupta, Former Prof. IIM – Ahmedabad. Edited was to write live case studies based on various and approved versions of the case studies will organisations. D Pauls Travels, Mrs. Bector Foods be published in AIMA-CME’s e-journal. (Cremica), CATA Appliances Ltd., Gurusons 5 AIMA | SNAPSHOTS | NOVEMBER 2014 3rd Young Leaders Retreat 3rd Young Leaders Retreat participants AIMA organised its 3rd Young Leaders Retreat South Asia, Ogilvy & Mather India; Mr Sanjeev from 14-16 November, 2014 on the theme Bikhchandani, Founder and Executive Vice ‘Leading in the New Order – Modeling Global Chairman, Naukri.com; Mr Pramod Bhasin, Leaders’. The retreat was led under the Founder and Vice Chairman, Genpact; Mr Chairmanship of Mr Shivinder M Singh, Executive Chandra Shekhar Ghosh, Chairman & Managing Vice Chairman, Fortis Healthcare Ltd and Mr Director, Bandhan Financial Services and Mr Vineet Agarwal, Managing Director, Transport Roshan Abbas, Managing Director, Encompass Corporation of India Ltd. The programme Events. was moderated by Mr Harshvendra Soin, Vice The retreat focused on having a healthy debate President - Global Leadership Acquisition and on the traits and competencies required to Development, Tech Mahindra. equip leaders for the challenges that face them Some of the other prominent speakers included in the future enabling them to enhance their Mr D Shivakumar, Chairman & CEO, PepsiCo leadership skills and help them grow as future India Holdings Pvt Ltd; Mr Piyush Pandey, business leaders. Executive Chairman and Creative Director, 6 AIMA | SNAPSHOTS | NOVEMBER 2014 Workshop on Innovation Soumitra Dutta, Anne and Elmer Lindseth Dean and Professor of Management, Samuel Curtis Johnson Graduate School of Management, Cornell University and D Shivakumar, Chairman and CEO – India Region, Pepsico Holdings India Pvt Ltd AIMA organised a one-day intensive workshop on the theme ‘Innovation’s New Frontier: Continuous Disruption for Steady Growth’ on 24 November, 2014 at New Delhi. Prof Soumitra Dutta, Anne and Elmer Lindseth Dean and Professor of Management, Samuel Curtis Johnson Graduate School of Management, Cornell University was the Programme Director. Mr D Shivakumar, Chairman and CEO – India Region, Pepsico Holdings India Pvt Ltd and Ms Kirthiga Reddy, Managing Director, Facebook India addressed and interacted with the participants at the workshop. The sessions involved classroom lectures Kirthiga Reddy, Managing Director, Facebook India addressing the session and case discussions focused on the was attended by participants from varied industry best practices of some of today’s leading sectors from across the country and was very well innovative companies. The workshop received. 7 AIMA | SNAPSHOTS | NOVEMBER 2014 Training Programmes Individuals, Essentials for Successful Teams, Making of an Innovative Team, Dysfunctions of a Team, Handling and Resolving Conflicts, Motivating Across Generations, Coaching & Mentoring. A one day training programme was conducted on ‘Marketing and Business Development’ for a group of Deputy General Managers of Pawan Hans at Delhi on 22 November 2014 and at Mumbai on 28 November 2014. The training programme in progress An assessment of Trainers were conducted AIMA conducted a training programme on for a PSU’s internal trainers, which leads to ‘Negotiation Skills’ on 20 November 2014. certification as ‘AIMA Certified Trainer’ (ACT). In addition a two day training on ‘Leading The certification is recognition of competencies Teams’ was organised on 21-22 November, 2014 and skills acquired by an individual as a Trainer. at Faridabad. The training programme covered An open assessment session of ACT is planned topics like Managing a Team vs Managing the on 12 December 2014 at AIMA, New Delhi. Interactive Session AIMA organises an Interactive Session with an eminent professional for its members every month. The professional addresses the audience on a theme of his/her choice. AIMA organised an Interactive Session on ‘The Emerging Digital Economy, What Does it Mean for India?’ with Dr Charles M Savage, President & Mentor, Knowledge Era Enterprises International, Munich, Germany on 24 November 2014. The session was chaired by Mr Sumit Chaudhuri, Chairman and Managing Director, Third Millennium Business Resource Associates, Dr Charles M Savage, President & Mentor, Knowledge Era Private Limited. The programme was very well Enterprises International addressing the session received by the audience. 9 AIMA | SNAPSHOTS | NOVEMBER 2014 Members Corner Congratulations!
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