International Conference on “Impact of Current Events on the Future of the Business” held at Vignana Jyothi Institute of Management, Hyderabad

Hyderabad, 2019: The two-day International Conference on Impact of Current Events on the future of the Business, held at Vignana Jyothi Institute of Management, Hyderabad, concluded on 5th of January.

Dr. Satish Raghavendran, Senior Director of Data Sciences, Cognizant, delivered keynote addresses highlighting the current Analytics landscape and practical strategies formed in the current business scenarios. Various cultural tracks were lined up for the first day, followed by another three on the second day of the conference.

Addressing the gathering, VJIM’s Director, Mr. Dr. Ch. S. Durga Prasad and Governing Council member, Mr. K. Harsischndra Prasad, in their presidential remarks congratulated the Institute for hosting the International Conference and introduced the audience to the conference theme.

Dr. Dipak Ghosh, Professor of Economics, Emporia State University, USA, attended the conference as a guest speaker and addressed the gathering by sharing insights on the “Challenges and Prospects of Financial Markets.”  Following this session, track 2 was hosted by Dr. Rajiv. R. Thakur, Professor, Strategy and Entrepreneurship, BIMTECH, who spoke about “Tapping Gen Z Talents.” The final session for the first day, track 3, which was also a technical session was chaired by Dr. B. Rajashekhar, Professor, School of Management Studies, University of Hyderabad, who dealt with addressing the theory of “Positioning Businesses based on Environmental Factors.”

On day two, track 4, track 5, and track 6 were chaired by resource persons like Dr. Sriram Birudavolu, CEO, Nasscom/DSCI’s, Cyber Security Centre of Excellence, Mr. Alok Ranjan, Executive Manager, Data Science, Deloitte, and Mr. Akash Jain, Associate Director, Care Ratings, addressing insights on “Critical Factors for Sustaining Future Growth,” “Data Sciences/AI,” and “Policy and Governance” respectively.

The valedictory function was held on the same day which was presided by VJIM’s Director, Mr. Dr. Ch. S. Durga Prasad. Speaking on the occasion, he commented, “The conference provided a platform for the students as well as professors and market giants to exchange findings, opinions, and their take on latest industry developments. This will specially help the students to develop an understanding of the path in which the field is moving and can accordingly shape themselves, from the college days itself. Considering this was the first-ever International Conference hosted by VJIM, we look forward to hosting many more conferences in the years to come.”

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Important Things for Candidates to Consider Before Opting for a PG Diploma Course

 

Pursuing a post graduate course can prove beneficial for the aspiring candidates in more than one ways. However, many times the candidates are not actually sure about why they want to pursue the course. Such candidates are either pressurized by their parents and acquaintances to undertake such courses or want to follow their friends into a common study program. Unfortunately, enrolling for PG diploma courses due to any of the aforementioned reasons is definitely not a good decision. Rather the candidates should seriously consider the following important things before enrolling for such courses to gain the maximum benefit after completing the same.

Their seriousness about pursuing the course

Even before considering the idea of enrolling for a PG course, the aspiring candidates should assess their own willingness and seriousness about pursuing the course. They should seek detailed information about what it involves and what to expect upon its successful completion. If the candidates find the course too difficult with respect to their competence and capabilities, it is better to look for an alternate option.

The course they intend to take

Having established their intention of pursuing a PG Diploma course, it is essential for the candidates to reflect upon the exact program they would like to enroll for. With the various universities and institutes offering several different diploma programs at post graduate level in equally diverse fields, making the right choice might be somewhat overwhelming. The best way to overcome this challenge is by gaining in-depth information about what each different course has to offer and how pursuing it can help the candidates to further their career.

The financial aspects of completing the course

Completing a post graduate program can put the aspiring candidates under great financial stress. As such it is advisable for them to consider the financial aspects of completing the course successfully. Most institutes offering the courses offer detailed information about the course fee and other expenses in their prospects. The students can also seek this information online from the institute websites. Most importantly, in case the aspiring candidates find themselves incapable of arranging the necessary funds, they can always opt to avail education loans for the same.

Eligibility of the candidates for the PG course of their choice  

This is perhaps the most important thing for candidates to consider before opting for a post graduate diploma in management course. Most institutes set stringent criteria about granting admission to prospective candidates. These generally include a good score in the competitive examination, an above average score in secondary and high school exams, and successful completion of a graduate level program. In addition, some institutions also require their prospective students to have a minimal work experience. However, this last rule might not be applicable for all post graduate programs offered by an institution, which can prove lifesaving for many candidates.

4 Ways to Make Yourself Indispensable to Your Organization

A guide from Vignana Jyothi Institute of Management, Hyderabad

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It is one thing to complete a PGDM education with fair CGPA and another thing to cope up with the never-ending demands of the corporate world. You need to be good at almost everything- communication, human dynamics, domain knowledge, leadership skills, so on and so fort. But there are few things you cannot simply do without- if you got the boardroom in mind:

 

 

  1. The Power of Relationships

It is people that make or break companies. People hire and fire people. Companies don’t perform these actions. There is nothing called a company unless it is about the people we are talking about. It is important to work hard and be a competent and irreplaceable employee but you also need to be constantly likeable and try to fit in with the corporate culture. Maintaining a good relationship with the people who you work with, will increase your chances to get chosen for leadership roles or be part of groups within the workplace.

  1. Over Deliver

In an organization, doing a tiny bit more than what is expected out of you will help you go a long way in the overall perception of your performance and would further increase your value. Even if he is not your direct manager, being proactive can help you make your way back to your superiors and create an impression that will last for a long time. Over-delivering or going that extra mile would help you establish yourself a thought leader and a responsible person that other people could look up to.

  1. Expand Your Responsibilities

Expanding the second point further, it’s important to gradually expand your responsibilities as soon as the opportunity presents itself. There could be a new project coming up in the organization or someone might be leaving the organization and their role needs to be split up for the time being. Such opportunities are a great way to demonstrate your potential and establish yourself as a great leader. Volunteering to take on some of the additional work will position you as a team player, and will also make you a valuable and indispensable asset of the company.

  1. Establish your Expertise

Establish your expertise to be an irreplaceable asset of the company. This also helps you build your brand across the company. Becoming an expert at something would help you become an important part of the organization and will further make you an invaluable resource. In order to establish your expertise, participate in industry events, write articles for third-party publications, volunteer to carry out training programs and extend help to anyone who asks for it. A selfless help never goes unrewarded, especially in the workplace. It will help you become an expert leader and would create your brand in the company.

6 Mistakes every Leader should avoid while Managing their Teams

A guide by Vignana Jyothi Institute of Management

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A key understanding to leadership is- people hire people, who hire people and somewhere within those three generations of hiring, there are leaders who have to handle these people. The chain is endless and we have come up with a list of mistakes you need to avoid making if you wish to manage an alpha team of performers:

1. My way or the highway (MWOH): Everyone has something useful to offer in terms of thoughts, ideas and suggestions. MWOH is fueled by the insecurity of a leader who wants to create an environment of control. Ideas do not always have to flow from you just because you are on the top of the team pyramid and you can’t think of everything. By listening to your team, not only will you create a feeling of involvement but will also improve the overall performance of the team by encouraging a sense of ownership.

2. All about the numbers: In simpler terms, if it is not making dollars, it doesn’t make sense. But numbers only become a problem when you lay too much focus on them and forgetting the team of people who are making those numbers happen. In your race to put numbers on the chart, you may lose sight of the “how.” So always keep people supreme and focus on creating a healthy team.

3. Talk and not listen: This is one of the major mistakes, leaders make. They only talk and they don’t take the opinions of others. Studies have shown that if people are not heard, they will cease to say the things that matter.

4. Change things just for the sake of it: Change is the law of nature but it should not be forced just to prove that you support change. It is a universal fact that any change that happens is difficult not only on leaders but on every single employee in the organization+. A good leader surveys the impact, timing and necessity of change before even planning to bring the change.

5. Do not be inattentive: This is one of the most common mistakes a leader makes. Handling a team is no easy task. There would be always a temptation to stop caring about the team and just do what you think is right without taking into account the needs and wants of the team. Such mistake can go a long way in destroying your team and your leadership as a whole.   I’ll close with the words of John Maxwell, “People don’t care how much you know, until they know how much you care.”

6. Unwilling to receive candid feedback – “I am a leader and I am perfect.” This is an ultimate ingredient to disaster of your leadership career. As a leader, if you are not open to a feedback from your employee, you are going in an extremely wrong direction. We all learn throughout our life and our resistance towards feedback hampers our ability to grow and further succeed in life. As a leader, if you really want to keep improving, be open to a positive feedback and try to lead your team with open mind.

KRITANSH 2.0- the second edition of the Sports Fest of VJIM, Hyderabad

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Mohan of PGDM Class of 2018 of VJIM, Hyderabad had an amazing idea in mind. He wanted to bring together the infinite sports energy residing within the walls of the VJIM campus and create a more constructive and meaningful platform for the students to showcase them. After days of brain wracking, team work, approvals and elementray preparation Kritansh’s first edition saw the light of the day and almost instantaneously- it became a hit!

Kritansh 2.0- the second edition unfurled on 23rd November, 2018 and what a show! The strapline of the annual sports fest read out loud: Hustle, Hit and Never Quit, suggesting- failure is only an opportunity to begin again. Keeping the spirit of the event in mind, VJIM invited sports enthusiasts of 10 colleges from across Hyderabad and registered a footfall of 450 students on campus- all brought together by the energy of Kritansh.

Among the participating colleges were: NMIMS, SIBM, FABS, DHRUVA, ICBM, IMT, NICMAR, FRANCIS, MANAGE, IPE, CBIT, and SSIM. Table Tennis, Volleyball, Basketball, Cricket, Throwball, Badminton,  Box Cricket, Chess and Carrom made the order of the day. While talented sportsmen were challenging each other on the field and across tables, excited audience surrounded to see the games going. There was absolute camaraderie in the air.

Presenting results of KRITANSH 2.0 once again:

S.NO GAME COLLEGES PARTICIPATED FIRST RUNNER WINNER
1. Table Tennis VJIM a

VJIM b

NMIMS

SIBM

SIBM NMIMS
2. Cricket ICBM

FABS

CBIT

VJIM

DHRUVA

IPE

NICMAR

NMIMS

SIBM

NICMAR VJIM
3. Volley ball NMIMS

IPE

VJIM

ICBM

NICMAR

DHRUVA

SIBM

NICMAR IPE
4. Throw ball VJIM

NICMAR

NMIMS

ICBM

SIBM

St FRANCIS

VJIM St FRANCIS
5. Badminton(Men) VJIM

IPE

ICBM

NMIMS

DHRUVA

VJIM1

SIBM

NICMAR

VJIM NICMAR
6. Badminton(Women) VJIM a

St FRANCIS

VJIM b

IPE

SIBM

NMIMS

ICBM

NICMAR

NMIMS St FRANCIS
7. Box Cricket VJIM

NMIMS

VJIM NMIMS
8. Chess VJIM

SIBM

NMIMS

CBIT

ICBM

Women      ICBM

 

 

Men            CBIT

NMIMS

NICMAR

 
VJIM

9. Carroms VJIM VJIM VJIM

The two days ended on a high note with the award ceremony giving it a perfect wrap. Kritansh did not only see sportsmen walking away with recognition and applause but also gave every participants the opportunity to meet and network with likeminded people from across B-schools, chasing dreams and desires.

VJIM Business Conclave: E-commerce – Current Trends and Future Opportunities

The possibilities of E-commerce is infinite. In fact, the last decade saw some of the most successful companies evolve from E-commerce businesses and are now, giants in the field of retail and manufacturing. It is keeping in sync to this overwhelmingly shifting trend of the industry that Vignana Jyothi Institute of Management (VJIM) organised a Business Conclave on E-commerce – Current Trends and Future Opportunities on 17th November 2018.

Mr. Vinay Peddi, CEO Avantsy Technologies Pvt. Ltd, Mr. Tagorji Yerneni, CEO and Co-Founder, Letzbank.com, Ms. Preeti Sinha, CEO and Founder Greens & More, Mr. Saketh Shiva and Mr. Gaurav Jain, Consultants Mee Seva, Govt of Telangana, Mr. Hemanth Jonnalagadda, Co-Founder Commut, Mr. G.V. Vamshi Krishna, Senior Zonal Manager, Naukri.com were invited at the Conclave to discuss about the current trends and future opportunities in the E-commerce industry.

However, what exactly is E-commerce? It can be described as an activity of selling or buying of products/services online over the Internet. E-commerce has disrupted businesses leading to major changes in industry structure, market place structure and business models. It draws on technologies such as electronic funds transfer, mobile commerce, supply chain management, online transaction processing, internet marketing, electronic data interchange (EDI), inventory management systems, and automated data collection systems, elaborated the experts.

VJIM has been organizing Business Conclaves for the last few years on various themes that are relevant to the business trends of the time. While last year VJIM chose to conduct these conclaves in the functional areas, this year the B-school is set to conduct these conclaves in the emerging and trending sectors. This is the third such conclave in this series and would address the challenges and championing areas of the E-commerce field. The first one was in BFSI with the second one being on the topic of Digital Marketing.

Conclaves of this nature not only help students to get insights from the corporate world but also aids them network with the corporate representatives. VJIM students are always enthusiastic about hearing the practical dimension of various management concepts from the practitioners directly. 

The Director of VJIM, Dr.Ch.S. Durga Prasad, General Secretary of Vignana Jyothi, Sri. K. Harishchandra Prasad and Prof. M R. Rao who was the Dean Emeritus of ISB also graced the occasion and spoke about the changing landscape of Business.

Vignana Jyothi Institute of Management Hosted a Seminar on ‘Being Human in Technology Driven World’

Hyderabad, 2018: Vignana Jyothi Institute of Management hosted a one-day seminar on ‘Being human in the technology driven world.’ This seminar aimed at sensitizing students on the importance of human touch in this technology driven world and also the importance of the HR department at an organizational level.

To this end, the industry leaders from across sectors convened in Hyderabad, at VJIM’s campus, to share the proven knowledge around Human Resource functions and its contribution. A full-day seminar at the VJIM campus featured Mr. Navneet Peri – Founder of HR PERI Inc., Mr. Emmanuel Gosula – Senior HR, EPAM Consulting, and Mr. Ch. Dakshinamurthy – Employee Relations/Industrial Relations Professional.

These industry experts from across different sectors along with in-house faculty members discussed and addressed the importance of HR functions, insights into the real-world behavioral skills, knowledge, and attitude that an HR professional should possess, and much more:

* Mr. Navneet Peri, on the reasons that led to the inception of HR functions, the role of technology in talent acquisition, and the concept of Artificial Intelligence along with HR functions and how they make work a lot easier.

* Mr. Emmanuel Gosula, on the importance of self-nomination and promotion and how it helps in the success ladder, how digitalization is helping in monitoring and hiring efficient employees.

*Ch. Dakshinamurthy, on how having an insight about every department in the organization helps in sourcing the right talent.

Speaking on the occasion, Ms. Yamini Meduri (HR Faculty and Program Coordinator) at Vignana Jyothi Institute of Management, commented, “On behalf of the faculty at VJIM, we’re pleased to have hosted this seminar and we’ve aimed to provide quality and first-class information from real-world industry experts for the students. Through a forum of this nature, it’s our constant endeavor to offer comprehensive knowledge sessions to mobilize the enormous potential of our students.”

The whole objective of conducting this seminar was to widen the knowledge of the aspiring students, and there wouldn’t be a better way than an interactive session of this nature. In conclusion, it was noted that such interactive sessions have the potential of improving knowledge, attention, and awareness about the relevant sector.