CONTENTS DRIVE Guest Editor’S Note Pg
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DRIVE y Aug‐Sept 2009 Vol. 2 y Issue 7 CONTENTS DRIVE Guest Editor’s Note Pg. 1 Mr Vinubhai Brahmbhatt Placement Advisor, SEMCOM From Guest Editor... From Chief Editor’s Desk Pg. 4 Dr Nikhil Zaveri 21st Century Management Director & Principal, SEMCOM Challenges … SEMCOM Updates Pg. 5 Editorial Team, DRIVE SEMCOM GURUBODH Shri G. Narayana Pg. 6 Compiled by Ms Joe Mary, Lecturer, SEMCOM My Voice Pg. 8 Mr Sunil V Chaudhary Lecturer, SEMCOM Mr Vinubhai Brahmbhatt, Swarnim GUJARAT Placement Advisor, Pg. 9 Celebration . SGC Team, SEMCOM SEMCOM The 21st Century will bring different Book Review: The Secret Pg. 10 kind of challenges and opportunities for the Book Worms Club, SEMCOM practicing management. The new challenges Research Article will be due to various factors beyond our Mr Nimesh Raval control. Pg. 12 Mr Pratik Shah Lecturer, SEMCOM A general broad definition of management Editorial Team: is: Guest Editor : Mr Vinubhai Brahmbhatt y Utilization of Resources in optimum ways to get maximum benefit for self, family Chief Editor : Dr Nikhil Zaveri organization, society, country and world Managing Editor : Ms Waheeda Thomas y Coordination of all the efforts in inter related manner for achieving common goals Executive Editor : Ms Nishrin Pathan or objectives. Technical Editor : Mr Sarvesh Trivedi y The resources are limited and have cost and are time bound. DRIVE Aug‐Sept 2009 | 1 The management operates through various changes are in business strategies, managing functions, often classified as planning, the work force, information management, organizing, leading/motivating, and controlling. managing culture and diversity, new technologies. Over a period the management developed in stages starting with the person working on The business strategies will be required to his own, then with family, with organization and address the new realities of the 21st century. then with the world. These are different birth rates, in developing and developed countries, increase in old age The modern scientific management population due to longer life span, change in development began since about second decade distribution of disposable income, change in th of 20 century. Various techniques like time perception of the people for quality of the and motion studies, MBO, TQM, JIT, WCM, QC, product, global inter dependency of the market, Assembly Lines, etc emerged over a period the resources and the competition and inter improving productivity and the efficiency of the relation between global politics and global organization. economy. The basic assumptions behind the The new workforce will be defined as a th management system for the 20 century can be knowledge workers who will be self‐managed, summarized as: need less control, work with autonomy and y Management is Business Management trust. They will ask about their contribution and y Only one right organizational structure feedback continuously. They will continuously y Only one way of managing people carry out learning and teaching both. y Technology, Market and End users are given Continuous innovation will be part of their y Management scope is legally defined work. These knowledge workers will be the y Management is internally focused most appreciating assets of any organization y Economy as defined by national boundary without which no other assets will function efficiently. The new requirements of the 21st century The big change will be in management will basically change the above assumptions and of information as the world will be full of are summarized as below: different kinds of data and information. The y Management is not only profit making filter or control has to be put on the type of y Different type of organizations information and quality of information and y Many right ways of managing people access control. The information has to be y Technologies are changing very fast. meaningful giving details about all key events, y Management scope is operational unusual events, and threshold phenomenon. It y Global economy y Outward focused should be direct, precise and impartial. y Responsible in Totality The biggest change will be in the emergence of the new technologies which will The above will lead to the changes in affect all aspects of life. The technologies will be various aspects of management. The major very powerful, very fast changing and with 2 | DRIVE Aug‐Sept 2009 shorter life. The implementation and control of The all above will require learning, the new technologies will play vital role in unlearning, and relearning for meeting the success of the organization. This will need challenges of 21st century and OPEN MIND. continuous skill updating. The above will lead to cultural diversity About the Guest Editor: among the workforce and effective He has combination of multi discipline management of the diverse knowledge worker education like Bachelors in Textile Engineering, will play very interesting role in the success of Masters in Business Administration and the organization. This culturally diverse Diploma in Computer Applications. workforce will have due to in built diversity from different nations, lower commitment and He has more than 35 years of international bond, different values, belief, different training experience with several industries like Textiles, and education. Their assumptions and Glass, Petro‐Chemical, and Management expectations will be different. Consultancy. He has worked with well known organizations like Tata Textiles, Mafatlal, The acceptance of the leader, his Bombay Dyeing, Rama Petrochemicals, motivation and impartial handling of the issues Madhwani, Indorama, and Aditya Birla group will be vital factors in getting the best out of in India, Iran, Indonesia, Tanzania and USA. these knowledge workers. The exposure of working with diverse cultures The gender diversity and emergence of and different business environment in several women boss and acceptance will be an issue. countries of the world is quite unique and exceptional. He has executed number of All the above will require a change Greenfield projects. His areas of Expertise are management. The organization has to decide Strategic Planning, Manufacturing, Marketing, on its vision and mission, and select the change Finance, Project Management, Technology leader who can implement these changes Transfer, Commercial, and HRM. successfully. The change leader can be internal At present he is working as management and external as well. The organization need to consultant and guest faculty with leading strike a balance between continuity and the management institutes. change. Some of the key issues for 21st century management will be like type of entrepreneurship, management of global enterprise, sustainability in very competitive world, meeting the challenges of new trends, teaming within and beyond organization with fast networking environment, managing human resources and gender diversity. DRIVE Aug‐Sept 2009 | 3 From the Chief Editor’s Desk sensitive towards the downtrodden of the society and designing and contributing to the Youth: Responsibilities Reinforced… emancipation of them. A youth of any society needs to be When a youth in the intoxication of aware of his responsibilities and he must adulthood commits certain deeds, family and contribute also towards the development of the sometimes society as a whole has to suffer. society. These responsibilities should be These responsibilities can’t be undermined inculcated as a part of their value system. Here because it provides the needed strength for the comes the role of parents, teacher and survival of the society. government as a whole for this task, however with perseverance. Role of education in the making of active and responsible citizen is indispensible. When a teenage steps forward, what Since the sole purpose of education is to bring does he confront? How does he learn his out one’s potential in its entirety, it means various roles so that he can devote himself to education has to develop the character and the societal development? In the words of skills of the person. Youth wants endorsement Robert Kennedy, “This world demands the for their deeds from their parents and teachers. qualities of youth: not a time of life but a state How many of us really appreciate the one who of mind, a temper of the will, a quality of abides by the rules? It is the society, made up of imagination, a predominance of courage over parents and teachers who can reinforce the timidity, of the appetite for adventure over the responsibilities amongst the youth. Youth, life of ease." The challenge in front of efficiently pivoted, can do wonders. As educational institutes is to impart these values Rabindranath Tagore says, ‘‘Age considers, to the youth. The task is challenging because youth ventures’’ the imparting is difficult. With the changing society, the elders have somewhere failed to make youth realize their true values. First task is to identify the areas where youth can be more Dr Nikhil Zaveri responsible. Participating in civic discussion, Director & Principal, SEMCOM becoming aware of traffic rules, and common laws regarding public behavior and responsibilities towards public properties are some of them. Further they can be made 4 | DRIVE Aug‐Sept 2009 SEMCOM Updates Communication Skills and Personality Development Workshop BBIC Workshop The communication skills and A Workshop was conducted for the personality development workshop was participants of ELECON Best Business Idea organized from 10 to 14 September 2009 for Competition on 27th of August 2009. Prof. Bipin MEB‐I students. The workshop was conducted Shah was the expert of the day who was by well known corporate trainer Mr. Hiren introduced by Prof. Dr. S. M. Joshi and Vakil. Sixty seven students participated in the welcomed by Prof. Dr. Kamini Shah. He programme. The event was coordinated by Mr. addressed the students by providing ways on Sarvesh Trivedi. how to conceive an idea and transform it into a business plan. It was a workshop of transition of Thelesemia Test idea into a business plan. Expert also briefed Thelesemia test of final year students of the students on how to develop a business plan.