1. business and industrial

February, 2015
Vol. V, Issue I
RAYS
An AKGIM Newsletter
Table of Contents
Message from Editorial Board
Happenings at AKGIM
Placements at a Glance
 AKGIM-ians Prolific Expression
Revivifying senteur of AKGIM
Message from the Editorial Board
Very warm wishes for New Year 2015!
For AKGIM, 2014 was
a very frotifying year both academically as well as in terms
of activities. Students were seen engrossed in their studies and equally enthuisiastic
about various co-cirricular affairs . At AKGIM we always espouse our students to
balance their academic and non academic activities.
“ RAYS” will take you through 2014’s journey and let you know about the whole year’s
happenings at AKGIM.
Editorial Board is thankful to our Director Dr. T. R Pandey for keeping our spirits
high and motivating us towards progress of AKGIM.
We are also thankful to all our faculty and staff members for their unconditional
support.
Suggestions would be encouraged!
Dr. Sarjue Pandita
Chief- Editor
Ankit Garg , Parul Awasthi (MBA II yr)
Geetika Goyal , Samarth Sahai ( MBA I yr)
Student Editors
HAPPENINGS AT AKGIM
SEMESTER AWARD CEREMONY
BLOOD DONATION CAMP
Being pioneer in education, AKGIM
had always made sure that at no point
of time student efforts goes
unrecognized. This is why AKGIM
conducts award ceremonies for the
students who had attained the highest
position at the academic as well as in
maintaining their attendance. For the
session 2013-14 following students
attained the renowned position- Ms.
Radhika Aggarwal being topper at the
academic scale with the highest
percentage and Akansha Katiyar
being topper in maintaining the
attendance record.
Blood donation is service to
humankind, by donating blood you
help a needy and save a precious life.
Transfusion of blood every year saves
millions of life all over the world and
for contributing to this good cause
blood donation camp was organized
in the our college campus. Camp
witnessed active participation from
the students with overall enthusiasm.
They queued up and waited patiently
while the doctors did the preliminary
check up. For many students it was
the first experience of donating blood,
so a sense of satisfaction was clearly
visible as they were contributing
towards a noble cause.
QUIZ COMPETITION
OLD AGE HOME VISIT
An intra-class quiz competition
"Brainiac-14" was organised on 25th
Feb
2014.
Quiz
witnessed
participation from 11 teams which
after elimination in various rounds
were restricted to final three teams.
Quiz had various rounds as Rapid fire
round, Ambush, Mogul and Out of
the box.
Final round was followed by a small
role play round. Team No. 5
comprising of Parul Awasthi,
Omprakash Dubey, Barkha Yadav
and Anuj Rathi emerged as winners
and Team No 8 comprising of
Prashant Singh, Premhansh Singh,
ShaluChauhan and Shivani Kaushik
were declared as Runner up. All the
students whole heartedly participated
in the event.
In order to instil a sense of
responsibility in today's youth
towards the most vulnerable section
of our society, AKGIM organised a
visit to Old Age Home, Sri Sri Ram
Maharaja Agrasen Vridh Ashram in
Brij Ghat on 4th Feb 2014 where
students spent almost half a day with
people dwelling their by talking to
them, listening to their life
experiences, clicking photographs
with them and also having a tea break
with them, which filled those old
people with happiness and joy.
Students were also taken to Brijghat
accompanied by some people of old
age home. Students also got a
privilege to attend Satsang with them.
Students had a very emotional
experience. As a token of respect
students gifted them Idol of Lord
Ganesha.
INDUSTRIAL
VISIT
POWER SOLUTIONS)
(JACKSON
The students of MBA Batch 2013-15
visited Jacksons Power Solutions in
Greater Noida on April 12, 2014. The
itinerary included plant visits to
manufacturing units of CumminsJackson Silent DG & Gas Generating
sets and Solar and Power distribution
division, where functioning of plant
was shown and processes were
explained by one of the experienced
engineer of the company. It was
followed by visit to their corporate
office, in Noida Extension, where the
functional heads addressed the
students regarding their existing and
new
business
propositions,
competition, and work culture. The
entire
experience
was
very
captivating for the students as they
got the first-hand feel of the real
corporate world.
Fresher’s Party (AARABDH)
The exuberant joy of the youth of
AKGIM, lit up the venue of Vedanta
Farms with the shine of their eyes. It
was Fresher’s day. Fresher’s Party is
a moment where juniors are
welcomed whole heartedly and
joyfully. This day is the most awaited
day for any first year student.
Fresher’s Party is recognised as event
which brings out the hidden talent
amongst the fresher’s and gives them
a platform to display their abilities,
talents and skills.
The perfect mood for a college party
was set as the second year students of
AKGIM, hosted the annual fresher’s
party to welcome their juniors into
their fold. The date was 16th
September 2014. The student looked
ravishing in formals. The stage was
then electrified by the rocking dance
performances by the students, which
enthralled the audiences and made
them yell out an encore at the end.
Mr. Samarth Sahai & Ms.Malvika
Awasthi were crowned as the Mr. and
Ms. Fresher’s 2014.
Teacher’s Day
Guest lecture
Teacher’s day is a day that is
celebrated to appreciate and honour
teachers for their contribution to
society as well as imparting
knowledge, guiding and shaping the
carriers of students .On 5th
September MBA students organized
an event followed by a speech from
Saumitra Shukla of 1st year. Students
enthralled faculty members by
organizing various games followed by
cake cutting ceremony and giving
each faculty member a sweet token of
thanks for guiding students. A small
poem was dedicated to each teacher.
Event was well coordinated by Parul
Awasthi, Deepak Sharma, Naveen
Singh and others. Director AKGIM,
Dr.T.R Pandey and other faculty
members were present on the
occasion.
A guest lecture on Business
Analytics was organised on 5th
September 2014 in AKGIM. Mr.
Akhilesh Shukla Sr. Consultant
HCL Technologies delivered the
lecture on the same where he
made students understand the role
of business analysis in an
enterprise. Mr. Shukla also
emphasised on the importance of
Analytics and the tools of
Business Analytics for business
managers to plan for, predict, and
solve
problems
in
a
comprehensive way. Students
thoroughly enjoyed the interactive
session of Mr. Shukla.
ABC Budget Conclave
AKGIM Ghaziabad marked the
beginning
of
extra-curricular
activities, for its new academic
session (2014-2015), with 'Budget
Conclave -2014', held on 26th
August, 2014. The theme of the
Conclave was 'Need vs Wants – An
Interpretation". Dr. Tripurari PandeyDirector, AKGIM delivered the
inaugural speech. The Key note
address was delivered by C.A. Vipin
Garg, who took a very interactive
session of MBA I and II year students
and told them about the basic
concepts related to Indian budget, its
relevance, budget planning and
implementation etc. He encouraged
the students to contribute to the
society's well-being as a responsible
citizen of India. The students also
participated enthusiastically in the
session and asked many things related
to the same.
ABC was followed by a Debate
competition .
The topic of debate was "I need a
bright future and not a budget".
Debate witnessed participation from
many colleges. Prof. Namita N.
Kumar & Dr. Vidhi Agrawal honored
the event as the panel of judges. The
participants came up with logical
facts and ideas related to the theme.
At the end, cash prizes were given to
the winners. First Prize was bagged
by KIET, Second prize by AKGIM
and Third by INMANTEC.
Event was organized by Dr. Sarjue
Pandita and Prof. Neeta Sahu.
Laurels to AKGIM
It was a matter of pride when
Ms.Radhika Aggarwal student of
MBA III sem bagged first position for
AKGIM in an intra college Summer
Internship competition. Competition
was organised by ITS Mohan Nagar.
She was the one who could make it to
the first position by beating the other
competing colleges like Jaipuria
Institute of Management, ITS Mohan
Nagar and many more.
SAKSHAM 2014
An inter- departmental annual sports
meet of the college, SAKSHAM2014, was held from October 18,
2014(opening) to October 25,
2014(closing). A total of about 1348
students (boys and girls) registered
for the events like Football,
Basketball, Volleyball, Badminton,
Cricket, Table-Tennis, Tug-of-War,
Carom & Chess.
Ms. Barkha Yadav of MBA III sem
won One Gold and Silver in
Athelitics and Mr. Abhishek Tyagi
won Gold in
Entrepreneurship workshop
A
two
days
workshop
on
Entrepreneurship was organised on
17-18 Oct 2014.
The Workshop was aimed at
imparting the basic knowledge and
skills to students for analysing ideas
and business opportunities that can
result in the creation and growth of
new ventures. The workshop had
different components of instruction
and training including lectures, role
play and team exercises. The one day
workshop started with administering
various instruments to the students,
which encompassed entrepreneurial
assessment for them. Next day
students were formed into teams to
come up with a few ideas and
opportunities, which were followed
by a role play aimed at testing the
potential of ideas and opportunities.
There was question & answer and /
discussion session of 15 minutes
duration between each activity of the
work shop. Workshop was conducted
by the expert Dr. Chivukula Venkata
Ramana.
Health Check-up
We at AKGIM firmly believe that a
sound mind rests in a sound body;
therefore, a health Check-up of all the
students was done in the month of
October 2014. Check-up was done incampus
hospital
Indo-German.
Students were seen waiting in long
queues followed by filling up of their
details for health check-up where
blood samples of students were taken
followed by regular body check-up.
Chanakya 2015
Ajay Kumar Garg Institute of
Management along with GMA
organized a two day workshop in
form of Management Simulation
Business
Game
called
"CHANAKYA" on 28th & 29th
January 2015 at AKGIM campus.
This game was conducted by All
India Management Association
(AIMA). The event was steered
by Shri Vijay Singh and Mr
Shubham Basu from the Games
division of AIMA.
Business Game 'Chanakya' is a
simulation game where teams of
four persons each are made to
represent the decision makers of a
company. They are required to
take the most profitable decision
for
their
company
under
circumstances
and
vagaries
created to simulate the actual
business scenarios that can
prevail. This year "Chanakya"
witnessed participation from 8
teams from management cadre of
Industries and faculty from
Management Institutes.
Participating teams were AKGIM,
ABES,
Continental
Carbon,
International Tobacco Co. Ltd. ,
NTPC, Shriram Pistons & Rings
Ltd. GPPL and BEL The team
from NTPC was declared winner
and the team from Shriram
Pistons & Rings Ltd. was the
runners up. Sh. Arun Agarwal,
President GMA, Dr. Tripurari
Pandey, Director AKGIM and
Shri
Vinay
Gupta
Executive
Director, GMA, gave away the
winner and runner up trophies to the
participants.
Arun
Agarwal,
President, GMA was present as Chief
Guest.
PLACEMENTS AT A GLANCE
Actions speak louder than words, and to help students to explore Placement
opportunities by inviting companies for campus recruitment, AKGIM has a well
organised placement cell.
Every year eminent companies participate in the campus placement drive for
summer internship as well as final placement. Following is the list for SIP
year14-15:
So far, 25% students (13-15 Batch) have been offered final placements which
includes Genpact & Jaro Education .
Many more are lined up and we are very optimistic about rest of the placements.
AKGIM-ians Prolific Expressions
Business Buzzword’s for 2015
Contributed by:
PARUL AWASTHI
MBA IV sem
With every New Year comes a new
vocabulary of business buzzwords to
keep up with the times. According to
Business News Daily experts and
business owners following are a few
buzzwords which would be popular in
2015.
 Remarketing: This is a form
of display advertising that
delivers an image or text ad to
your company to a user after
that user drops off your website
without converting
 Momtrepreneur: A woman
who has children and a family
(and runs) a business same time
 Conversation
Marketing:marketing with the
goal of having a direct one to
one conversation with your
customers through social media
and other channels
 H2H: Instead of business to
consumer (B2C) and business
to business (B2B), brands will
start throwing around H2H,
which stands for human to
human
 Newsjacking: It refers to when a
company leverages a current
story in the news to put forth its
own marketing or sales message
 Intutive: As a noun- a process,
service or an offering that just
makes sense.
 Growthhacking: It is about
finding
an
innovative,
inexpensive, and often technical
hacks to significantly boost a
company’s growth
 Mydeation: It is using a group to
help an individual solve a
challenge specific to them (in an
ideation
or
brainstorming
session), most often to generate
ideas for their own new product
or new business venture
 mCommerce: Commerce carried
over mobile device. Shoppers are
browsing and buying more and
more on mobile (device).
Business owners should focus on
making their online store fronts
mobile friendly to create a truly
omni-channel experience
Source: .Businesstimesdailynews.com
***********************************
SCINTIFIC
SOLUTIONS
ECONOMIC PROBLEMS
TO
Contributed by: SHIVANI KAUSHIK
MBA IV sem
The economic policies practised by
global leaders are not working, as it is
predicated
upon
increasing
consumption-led
growth
which,
despite dollops of liquidity, is not
forthcoming.
Economic
growth
remains limpid, and the governments
have taken on mountains of debt to
finance social welfare programmes.
These policies have created problems,
whether economic, environmental or
geopolitical and it is now left to
scientists to solve them. Thus, there is
a race between how fast global
politicians can create another crisis
versus how fast scientists can find
technological solutions to avert it.
The best example is crude oil. Oil
prices are falling as Saudi Arabia on
geopolitical grounds of retaining
market share has halved the
production. It is leading to
consequences, which are bad for the
future. One, Americans, enthused by
lower gasoline prices, are buying gasguzzling vehicles, which ought to be
banned. Two, the US oil companies,
including shale firms, are deferring
capex, as the low crude prices makes
exploration unviable. This in turn is
halting their job creation, and hence
the economic recovery. Scientists
have responded with technologies
such as Horizontal Fracking which,
when crude priced rise again, would
have the US overtake Saudi as the
largest producer of oil.
India must consider all emerging
technologies, which is planning its
100 smart cities. It must also create an
environment such as Silicon Valley
that fosters innovation.
Take another example. Like every
other nation, India needs more
electricity to power economic growth,
and is struggling to find a fuel that is
not environmentally polluting as coal.
The better option is renewable
energy. The cost of generating solar
power is almost equal to conventional
power, thanks to technology. The
only problem is storage, since
renewable power is subject to
vagaries of nature. Technology is now
providing a solution to storing energy
generated from any source. An Israeli
company, Enstorage, has announced
production of the first ever 50 MW
grid connected Hydrogen-Bromine
flow battery.
So, why should India take a back seat
in implementing the same.
Source: Hindustan Times
***********************************
BENEFITS OF GENDER
DIVERSITY : (Improves
companies’ financial performance)
Contributed By: ANKIT GARG
MBA IV Sem
Today gender diversity benefits the
businesses in many ways now
companies can perform better
financially, particularly when women
occupy a significant proportion of top
management
positions
and
demonstrate superior team dynamics
and productivity.
An analysis of 2,360 global
companies in a various industries
shows that companies with women on
their executive boards outperformed
companies with all-male executive
boards. Gender-diverse management
teams showed superior return on
equity, debt/equity ratios, price/equity
ratios, and average growth. After the
2008 global economic crash, leading
researchers to conclude that gender
diversity might be especially valuable
in times of recession.
Many organizations in this context
found that those organisations having
three or more women on their
executive boards outperformed other
companies on all of the study’s
measures of performance: leadership,
direction, coordination accountability,
and control, capability, external
orientation, work environment, and
values. Further many studies found a
positive
relationship
between
organizational performance and the
presence of women in organizations’
top management teams.
For example researchers analyzed the
gender composition of the top
management teams and found a
positive association between higher
proportions of women and the
companies’ return.
An investigation found that
companies with more race and
gender diverse teams can get
higher sales revenue, greater
market share more customers,
and greater profits than less
diverse companies.
Many statistical analyses showed
that
gender-balanced
teams
outperformed
both
maledominated and female-dominated
teams.
A greater proportion of women
in company are associated with
higher collective intelligence, as
it provides “the general ability of
a group to perform a wide variety
of tasks.”
For example:
•Researchers when study the
people working in teams of 2 to
5 people found that teams’
collective intelligence rises with
the number of women in the
group, possibly because women
gives higher performance on
tasks that required social
sensitivity.


A study of 21 companies in
many countries found that
gender-balanced teams were
the most likely to experiment,
be creative, fulfil tasks and
share their knowledge. The
study also found that the most
confident teams had a slight
majority of women (60%).
A study at four companies
found that gender diversity on
technical work teams was
associated
with
superior
adherence to project schedules,
higher employee performance
ratings ,lower project costs, ,
and higher employee pay
bonuses.
References:
Krishnan, H. A., & Park, D. (2005). A few
good women — on top management teams.
Journal of Business Research, 58(12),
1712–1720 and others
**********************************
Turning
Superstitious
Achieve Goals?
To
Contributed by: PRAGYA GAUTAM
MBA IV Sem
A new study has revealed that people
are likelier to turn to superstition or
lucky charms to achieve performance
goals rather than learning goals. Eric
Hamerman at Tulane University and
Carey More wedge at Boston
University, USA, have determined
that people use superstitions behavior
to help achieve both chronic and
temporary performance goals, but not
for help achieving goals .
Hamermam says that previous
researches have shown that when a
goal has high uncertainty people are
likelier to turn to superstition and
when performance goals become
more
uncertain,
people
use
superstition to help achieve them.
However, increasing the uncertainty
of learning goals does not affect
whether or not people turn to
superstition.
Hamerman also cautions that the
research does not investigate whether
belief in superstition has an effect on
actual performance.
The research shows that using
superstitions
increases
people’s
confidence in achieving performance
goals, and it was certainly possible
that under certain circumstances,
increased confidence might lead to
improved performance.
However,
the
researches
acknowledged that superstition was
not a rational way of actually helping
achieve such goals, and the purpose
of the research was not to recommend
superstition as a method of goal
achievement.
Source: Times of India
***********************************
The World Is A Sanctuary And Life
Is Joy
Contributed by: PULKIT GOYAL
MBA IV sem
The art of living is second to none.
The art of understanding is also
important: it should help us not only
to comprehend the ways we have
been bound and imprisoned, but also
to find a path to liberation, to
freedom, to fulfilment.
We need to start with assumptions
about the world in which we are
living and reflect in which way
cosmology can help us to live and
experience joy. We should be clear
about what we are doing. We don’t
live in a mechanistic cage, which is
the source of our sorrows and slavery.
The world is a sanctuary, and
everything in it is a part of this
sanctuary. This assumption is
tremendously important. Once we
truly understand it, we are
immediately lifted. Literally, we can
start living in a new way. This
assumption becomes our ethical
backbone and also the ways of
understanding.
If the world is a sanctuary, you are a
sanctuary. Each of us is a sanctuary.
Therefore you have to treat yourself
seriously— as a sanctuary—otherwise
you are back in the cage. If the world
is a sanctuary, you must treat it
reverentially. Reverence for life
immediately becomes a part of your
ethics. Put it simply: it becomes a
mode of living in this world.
You must not only believe in good
ideas. You must implement them and
use them as a vehicle of creative and
joyous living. You must be prudent
and discerning, you must not believe
cynics and skeptics, who undermine
your creative and reverential life.
You must also be consequential.
From the ethical value of reverence
for life, there immediately follows
responsibility for life—for all life,
especially
for
your
creative,
meaningful and joyous life.
Your consequential mind must also
observe that from the idea of the
world as a sanctuary, there follows an
active mode of life: of living
reverentially, with responsibility and
under the umbrella of Right
Livelihood. Yes, your life style must
be wise and frugal. Frugality is an
expression of your responsibility. It is
only in this way that you can
counteract this enormous tsunami of
mindless
consumption,
which
destroys the meaning of our life.
You must not only understand that
you are beaten to submission, that you
are being undermined, manipulated
and
persuaded,
namely
that
consumerism
is
your
“new
philosophy;” and that this philosophy
will make you happy, while you know
that it is making you moronic. Living
philosophy is not only a philosophy.
It is a liturgy of enacting life, which is
bristling with joy— because you are a
joyous phenomenon of the cosmos.
You must not be afraid of seeing
yourself as a cosmic being. You must
have the courage of accepting
yourself as a dweller of a sanctuary.
You must have the clarity of
understanding
that
reverence,
responsibility, frugality and universal
compassion, all come from one
simple idea—of the world as
sanctuary.
******************************
DOES INTERNET TECHNOLOGY
THREATEN BRAND LOYALTY?
Contributed By:
AMIT YADAV
MBA IV Sem
The world is fascinated by an
international debate about information
technology security, and access to
“secrets”. View referenced years ago
in the column is playing out in the
diverse worlds of security, spying,
and patriotism.
It’s
clear
that
information
technologies have brought us into a
new age of international relations, but
they have profound implications, for
the way we do the business as well.
For example, a question has arisen
about how information both about us
and available to us as affects our
behaviours, specifically our loyalty as
behaviours, specifically our loyalty as
consumer and employee. There are
two predominant sides to the
discussion of this question. One is
that the amount of information about
products and services is becoming so
voluminous that it will lead to
increased consumer confusion.
As a result, the use of surrogates
(such as brands) in our purchasing
decisions will lead to greater brand
loyalty, justifying today’s massive
expenditure to preserve brands.
The other view is that the quality of
internet ”technologies” such as search
and feedback mechanisms, is
improving faster than the proliferation
of information, this will give users of
the internet the upper hand in the
battle for access to information and
ability to organize it, value it and use
it for decision-making.
Believe the latter outcome is the most
likely, based on extensive research .It
will increase the tendency, particulary
among younger consumers, to try new
goods
and
services,
possibly
switching their loyalties. If this turns
out to be the case, it call into question
a good portion of marketing beliefs
and expenditure regarding brand
building and the lifetime of a
customer. It may also suggest
different
approaches
to
the
management of human resources,
specifically methods of retaining
employee who will be better informed
about the job market.
If true, a better informed and less
loyal customer is a big deal for others
as well. It’s important for those
among us who believe that employee
and customer loyalty are important
determinants of business growth and
profitability.
It may mean a lot for us as consumers
as well, because the effectiveness of
the search apps we use will probably
be enhanced by the information that
others have about us .
Will big data overwhelm us, thereby
reinforcing such things as brand
loyalty? Or will the quality of our
search and valuation devices make us
smarter, and less loyal, customer for
goods, services, even jobs?
What does your own experience tell
you?
Is internet technology a threat to
loyalty?
What do you think?
******************************
So when and if you ever wizen up
And begin to understand that there is
more to life the cruelty.
You will come to this place where I
am at.
Filled with love, joy, everlasting
happiness and much assurance.
Hopefully you can see past all the
hurt that you are spitting out.
Come on it’s time to grow up and
understand
What this life is really about
What Makes You Better Than
Me?
Because money and things don’t
make a person only
Contributed by: TRAPTI SRIVASTVA
MBA II sem, Sec B
Don’t continue to be so harsh to
others learn to shine brighter than that
shooting star
Who are you to think of me the way
you do?
Who gave you the right to rant about
me?
Tell me who deemed you the man or
the judge?
Why do you hold in so much
jealousy?
Who are you to stare and make fun
and make me your next casualty?
You silly little person what makes
you think in any way that you are
better than me?
Material things you may have more of
but that is not what makes me.
I am a very beautiful person inside
and I am filled with nothing but
generosity.
Your inside makes who you are
So again I must ask of you be true to
who you really are
In every way I think of you as a
beautiful person so what makes you
so much better than me?
Reference:www.familyfriendpoems.com/poem/t
eased-at-school
***********************************
Innovating on skills
Contributed By: Anuj Tyagi
MBA IV sem
It is well known that youth
unemployment in some parts of
Europe has hit alarming levels. From
about 15 per cent in 2007, it went up
to 22 per cent in 2012. The situation
is grave.
Interestingly, it appears that the
primary causes of this distressing
trend cannot be blamed on the
economic crisis alone. That is only
part of the story.
In 2012, youth unemployment rates
varied from less than 10 per cent in
countries such as Austria, Germany,
Sweden,
Denmark,
and
the
Netherlands, to close to 50 per cent in
Greece, Italy, Portugal and Spain. So,
what is the reason for this huge
difference is education.
Empirical analysis across Europe
reveals that education and skills
development play a key role
preparing young people for the labour
market. In general, countries that have
a strong vocational education sector
show lower youth unemployment
rates than countries with a
predominantly general education
system. In countries with a strong
apprenticeship system such as in
Germany, Austria or the Netherlands,
skilled young people make a smooth
transition from school to work. One
reason is that apprenticeship systems
are resourceful in turning over helpful
information about the apprentice’s
skills and aptitude to employers.
The collaboration between business
and education makes sure that
vocational education turns imparts
skills
that
beautifully
match
employers’ needs of right Skills
In flourishing European economies, it
is all about learning the right skills. In
an environment where technology is
quickly displacing medium-skilled
workers in manufacturing and back
offices, the employment share of
routine task jobs is rapidly
diminishing. Jobs for high-skilled as
well as low-skilled workers involving
non-routine
tasks
have
been
increasing.
Another important aspect in some
highly successful and innovative
European
economies
is
the
expenditure on education — training
and lifelong learning — which is well
above the world average for
developed countries. Institutions of
higher education and research enjoy
great autonomy in education, research
and innovation, recruitment methods,
and to draw on alternative sources of
funding. Most important, education
and training curricula focus on
equipping people with the capacity to
learn
and develop
additional,
unfettered competency such as
decisive thinking, problem solving,
innovation
and
inventiveness,
teamwork, and intercultural and
communication skills.
Source: Article by Mohan Murti
***********************************
How leaders Build Effective
Teams
through
Quality
management and Team work
Contributed by: Rahul Singh
MBA IV Sem
Leadership is a big word. It means
more than what it appears to be and is
written about in millions of books
around the world. Leading a person or
a group of people is an infinite
responsibility. Of course, we have
different kinds of leaders and people
are constantly looking for leaders who
can create more leaders than
followers. At work, in business, in
families and within friends, leaders
are important because they just don’t
show directions but help people
identify their strengths and bring out
the best in them.
Supreme quality work is one of the
main attributes of management or
leadership. Quality management is
crucial for the people involved as it is
for the end result of any work.
Managing the quality of the team does
not always have to do with work. It
also means maintaining a healthy,
cheerful, enthusiastic and resultoriented atmosphere within a team.
Great managers always focus on
creating a code of honor for the team
before they get started. It is an
excellent, result-oriented and an
effective way to lay rules that
everybody in the team must play by.
It is unspoken on many occasions but
firmly agreed by all. It is largely true
that when there are no rules, people
come up with their own. This is
perhaps the most deterring factor
between good and great quality
management.
Quality management is a vital aspect
for any team improvement. Quality
management deals with empowering
people and encouraging open
communication at all times. Of
course, the code of honor presets how
issues and concerns within the team
must be addressed constructively. As
for
work,
clear
and
sharp
communication helps members of the
team comprehend the true reason for
their presence and how their work
affects others’ and the team as a
whole. No two people are alike in a
team and therefore the approach to
handle each of them and their work
must be different too. Where there are
people, there is bound to be friction
however here are some basic
recommendations for improving
quality management within a team:
Consistent Improvement: Time is
more important and valuable than
money. This cannot be stressed
enough. In the world of finance, a
golden rule explains that a dollar
today is more valuable than a dollar
tomorrow. Similarly, in the team
management, the quality of the team’s
work along with interpersonal
relationships must improve on a
consistent basis. The dynamics of
people, the quality of the commitment
towards work and team work must
improve
at
regular
intervals.
Continuous improvement shows the
capacity of the team to withstand
pressure.
Customer of the mind: If it was not
for the customer, there would be no
business. Without business or work,
any of this would not make sense.
with the staff, he or she must feel the
quality.
Quality is a feeling more than it is a
tag. Teams need to be made
understood that when any customer
receives a product or service or even
interact. As long as team members
can put themselves in customers’
shoes and feel the difference, positive
changes are limited. A simple
greeting can stand out for quality and
get the conversation going. When
teams have customers on their mind,
accountability and sense of pride
helps them deliver only the best.
******************************
It’s never too late to start
Contributed By: Maqbool Ahmad
MBA Sem II, Sec A
The real taste of life is in fighting
rather than giving it up. A very
popular Hindi quotation is “Tere
girne me Teri har nahi, kyu ki tu
Aadmi hai avatar nahi”.
So, we should never give up easily.
“Jaha Himmat samapt hoti hai, wahi
se har ki shuruwat hati hai”…
The real loss is when you don’t try,
because you think you may not be
able to do it as you are too late.
Neither time nor any circumstances
are barrier to success.
Success doesn’t mean only monetary
gain but rather searching and finding
real happiness and satisfaction.
So, Today….
Forget your past,
Forgive yourself…
And let you begin Again…
“Koi bhi Lakshya insane ke sahas se
bada nahi Hara wohi hai jo lada
nahi”.
******************************
QUIZ
Contributed By : Ekta Singh
MBA II Sem, Sec A
1.Which company launched '.Beat' range of
hi-tech watches in India?
2.Cannaught
Plaza
Restaurants
and
Hardcastle Restaurants have had the
responsibility for the entry of Which MNC
to India ?
3.Which bank in Japan would be
introducing robots for the first time to
interact with customers ?
4.What is the new name for Planning
Commission ?
Answers:
Swatch, Mcdonalds,
Mitsubishi
Bank
of
Tokyo,
AS TIME PASSES...
Contributed by: Ankit Singhal
MBA II sem, Sec A
As the seconds pass...
we look back...
of what our lives have held...
As the minutes pass...
we see what fell through the cracks...
Parts of our lives we withheld...
As the hours pass...
we think of what we learned...
what we have taught...
what we have forgot...
As the days pass...
we wish a lot could be returned...
we wish we would of never fought..
you hope they forget-me not...
As years pass...
you stand alone..
they have all grown...
married and gone....
or on their own...
As your life passess...
you stand proud...
looking how well they raise their
own...
you did well...
LIVE ON....
REFRENCE
LINK:WWW.familyfriendpoems.com/poem/tea
sed-at-school
************************************
History on feminism in India
Contributed by : Geetika Goel
MBA II sem, Sec A
When one thinks of feminism, the
names that come to one's mind readily
are Virginia Woolf, Simone de
Beauvoir, Adrienne Rich, and Elaine
Showalter, since the growth of
feminism is usually attributed to
western influence. True, these
spokeswomen set about the task of
theorising the needs of women in a
society where their inner feelings
should be articulated loud and bold.
When one thinks of feminism, the
names that come to one's mind readily
are Virginia Woolf, Simone de
Beauvoir, Adrienne Rich, and Elaine
Showalter, since the growth of
feminism is usually attributed to
western influence. True, these
spokeswomen set about the task of
theorising the needs of women in a
society where their inner feelings
should be articulated loud and bold.
Feminism is more than a voice of
protest or questioning. It is moral selfreflection, a conquering of inner fears
and a realisation of self-worth ... It
does not abandon values or
relationships, but goes on to create
new ones.”
Our epics and puranas, with their
plurality of narrative strategies and
multiplicity of interpretations, touch
upon all possible aspects of human
life helping us to raise — and
comprehend — some of the basic
questions that govern family and
public life.
Kalidasa'sShakuntala
and
IlangoAdigal'sKannagi are supreme
instances of women who, though
brought up and nurtured in a domestic
set up of patriarchal exclusion and
total surrender and subservience to
authority, fight for their moral rights,
putting the kings to shame.
There has been no major political or
social
uprising
against
male
domination. Remarkably, women in
the bhakti movement defied all
restrictions and achieved gender
equality. They even challenged
patriarchy and revolted against the
caste divide. Meera, Avvaiyar and
KaraikalAmmaiyar, for instance,
protested against patriarchy and
subverted the hegemonic structures
by staying outside the domain of
marriage. In the chapter “The
Nineteenth century and After”, Jasbir
examines five texts —Phaniyamma,
Fragments of a Life, Suvarnalatha,
Cast me Out, and Kagzi Hai Pairahan
— where the protagonists struggle for
“some breathing space.” Against all
odds, they broke themselves free of
oppressive social norms and, in the
process, enriched the woman's world.
************************************
HOW TECHNOLOGY EFFECT’S
ON SMALL BUSINESSES
Contributed by :
YashAgarwal
MBA II Sem, SecB
In today scenario, technology can
change faster as compare to human
thinking. All we know that
technology is used in each and every
field of department.
Technology effects on the large scale
industries as well as small scale
industries. When we talk about small
businesses, it is more important to
know that “how TECHNOLOGY
effect in small scale industries or
small businesses”. We know that
technology creates big changes in the
world, so small business also gets
affected through applied information
technology. In business, there are
several departments where technology
can be used. For example, record
making, accounting, payroll and
different application which are used
to connect with the customer.
In small businesses the main objective
is profit maximization, growth,
employee retention, productivity and
venture into large scale industries. So
,
technology helps different
department with their different
specialization.
For example:1. When we talk about the marketing
department,
“Microsoft” give as
different information application like
MS-word, MS-excel, MS-access
where we can prepare a report , using
MS-excel we can prepare the sale’s
report and MS-access for employee
records.
2. When we talk about the finance
department, we have a “tally” which
we use for decision making process.
3. Small businessmen can use
information technology in a great
manner for updating their business
according to trend. They use internet,
e-mail, blogs to connect with
customer for increasing the sale or
produce goods according to customer
(customize product). Company can
take feedback by mail, massages,
feedback on websites to update the
product and increase the standard of
the company.
******************************
Business World
Contributed by : Rishab Gupta
MBA II sem, Sec B
Business World is one of the oldest as
well as most respected business
publications in the country. It was
born in 1981, and over the past three
decades, it has become known for its
rigorously reported and deeply
analysed reports and articles on the
economy,
banking,
finance,
industries, corporate houses and
entrepreneurs. It has become an
essential decision making tool for
leaders both in the government as
well as in corporate houses.
Business world is part of the ABP
Group, one of India's largest media
groups and the brand leader in eastern
India. ABP also publishes Ananda
bazaar Patrika, a widely popular
Bengali daily, and The Telegraph, the
largest read English daily in the
eastern region. The ABP group also
has three leading news channels ―
ABP News, ABP Ananda and ABP
Majha.
On September 19,2013 ABP Group
owners Ananda Publishers has sold
Business world to AnuragBatra,
owner
of
media
group
exchange4media, and Vikram
Jhunjhunwala, who runs investment
banking and asset management firm
Shrine Capital; for an undisclosed
amount. The biggest strength of
Business world has been its ability to
spot trends early and focus on the
opportunities ― and sometimes
threats ― it throws up for the Indian
economy as well as the corporate
sector.
******************************
Always Stay Grounded
Contributed by : Neha Chaudhary
MBA II sem, Sec B
There are opportunities galore in the
corporate world for fresh minds, for
qualified youngsters with passion,
determination and a commitment to
excel. Life after your formal and
professional education is not going to
be a cakewalk, to say the least. It’s a
highly competitive and cut-throat
environment out there. So, along with
your knowledge, skills, and abilities,
you need to have the right attitude to
make a difference and make your
mark in the corporate world.
In India, unlike in the US or other
western countries, only a small
percentage of MBA graduates have
prior work experience. This means
they are being hurled into a whole
new environment, which is relentless
and exceedingly demanding. In such
an intense scenario, a company can ill
afford to allow you extended lead
time for learning. You will literally be
expected to deliver from Day 1. So,
you will have to find out the way to
‘ensure your continuous learning’
without compromising on the
execution and delivery aspects of
your job. When you join an
organization, it is very important to
embrace the company culture.
Remember the culture of the
corporate is the reason for success of
the organization . It goes without
saying that attributes like passion,
commitment;
perseverance
and
integrity are critical success factors
for individuals in any sphere. But it’s
equally important to stay focused on
the task at hand and ensure quality
results, on time and every time. So
you have to complement these
positive qualities with a continued
emphasis on first-rate execution and
on-time delivery.
Source: | Business world Issue
***********************
Time Management
Contributed by : Sonam
MBA II sem, Sec B
Through trials and tribulations,
We fight the Situations
To meet others expectations,
Defiant struggles cause exhaustion
And bring my separation.
Obedience will bring Cooperation,
So use any justification
To play this Fabrication
Of all our reincarnations.
Break this cycle of dread
And get up out of bed,
Through times our pains will mend
Only stop to plan ahead
Sleep is great
But not worth being late.
Don’t become irate
By living by some wire,
Plan before this time comes to expire
No more will I stand idle,
Punctuality will be the new me,
To start anew
I will do what I always knew
And get out of this bed.
. . . Because another Write up I dread.
******************************
10 Major Business Takeaways
Between INDIA & U.S
Contributed by : Shelly Sharma
MBA II sem, Sec B
•Indo-US nuclear logjam broken:
The significance of the completion of
the India-US nuclear deal cannot be
overstated. Signed in 2005, with a
Nuclear Suppliers Group waiver in
2008, the deal has been in limbo for
few years. Now India will set up an
insurance pool led by General
Insurance Co and four other insurance
companies of a total amount of Rs
750 crore to indemnify companies
that build reactors in the country
against liabilities in case of a nuclear
accident.
US announce $4 billion of new
initiatives, trade missions: U.S
announced $4 billion of new
initiatives aimed at boosting trade and
investment ties as well as jobs in
India. The $4-billion deals include $2
billion of leveraged financing for
renewable energy investments in
India through the US Trade &
Development Agency and $1 billion
in loans for small and medium
businesses across India through the
Overseas
Private
Investment
Corporation, or OPIC.
•Cutting
red-tape,
holding
bureaucracy accountable: The US
announced the creation of a HighLevel US India Strategic and
Commercial Dialogue to monitor
progress on the pacts and vision
statements. The mechanism would
hold the bureaucracies of the two
countries accountable for translating
the vision of the two leaders into
reality.
•Renewable push: Now India and the
United States will work together to
support India's ambitious climate and
energy goals by focusing on air
quality and increasing the share of
renewable in the energy basket.
•India PM promises 'ease of doing
business': India PM promised an
open
business
environment,
predictable tax regime and to remove
"remaining uncertainties".
•Asia-Pacific policy gets a new
thrust: Many reports by Western
media have pointed out that the US,
regardless of historical complications,
is putting more efforts into soliciting
India to act a as a partner. This shows
a relationship that can balance the
growing strategic presence of China
in the greater Indian Ocean region.
•Obama assures on concerns over
H-1B visa issue: Obama has assured
India that he will look into India's
concerns on the H-1B visa issue as
part
of
his
comprehensive
immigration reform.
•Joint production on 4 defence
projects: Renewing their expansive
defence framework for another 10
years, India and the US decided to
kick off joint manufacturing of four
relatively modest military products
and explore the development of two
more high-end technologies.
•Social security pact: The US agreed
to take the first step in addressing
India's long-pending demand of
signing a Totalization Agreement that
will help Indian workers in the US get
annual refunds of around $3 billon
(Rs 18,000 crore) worth of social
security contributions they make.
•Boost for Smart cities: United
States Trade and Development
Agency
(USTDA)
signed
memorandums of Understandings
(MoUs) with Uttar Pradesh, Rajasthan
and Andhra Pradesh for cooperation
to support the development of three
smart cities. The cities are Allahabad,
Ajmer and Visakhapatnam.
Reference:http://economictimes.indiatimes.com/
news/politics-and-nation
***********************************
Narendra Modi
Contributed by: Pushkar
MBA II sem, Sec B
Narendra Modi’s journey began in the
by-lanes of Vadnagar, a small and
nondescript town in North Gujarat’s
Mehsana district. Born on 17th
September 1950, 3 years after India
attained freedom and within months
of India becoming a Republic,
Narendra Modi was the third of the
sixth children of Damodardas Modi
and Hiraba Modi.
Narendra Modi’s early years were far
from what a fairy tale upbringing is
like. The family belonged to the
marginalized sections of society and
had to struggle to make ends meet.
The entire family lived in a small
single storey house (approximately 40
feet by 12 feet). His father sold tea at
the tea stall he set up in the local
railway station. In his early years,
Narendra Modi too lent a hand to his
father at the tea stall.
These formative years left a strong
imprint on Narendra Modi. As a
child, Narendra Modi balanced his
studies, non-academic life and his
contribution at the family tea stall.
His schoolmates recall Narendra as a
diligent student with a penchant for
debating and reading. He would
spend hours and hours reading in the
school library. Among the sports, he
was very fond of swimming.
Narendra Modi had a wide range of
friends from all the communities. As
a child he often celebrated both Hindu
and Muslim festivals considering the
large number of Muslim friends he
had in the neighbourhood.
At a young age he developed an
inclination towards renunciation and
asceticism. He gave up eating salt,
chilies, oil and jaggery. Reading the
works of Swami Vivekananda cover
to cover took Narendra Modi to a
journey of spiritualism and laid the
foundation for his own mission to
fulfill Swami Vivekananda’s dream
of a Jagad Guru Bharat.
History was scripted in the forecourt
of Rashtrapati Bhawan on the evening
of 26th May 2014 as Narendra Modi
took oath as the Prime Minister of
India after a historic mandate from
the people of India. In Narendra
Modi, the people of India see a
dynamic, decisive and developmentoriented leader who has emerged as a
ray of hope for the dreams and
aspirations of a billion Indians. His
focus on development, eye for detail
and efforts to bring a qualitative
difference in the lives of the poorest
of the poor have made Narendra Modi
a popular and respected leader across
the length and breadth of India.
Narendra Modi’s life has been a
journey of courage, compassion and
constant hardwork. At a very young
age he had decided to devote his life
in service of the people. He displayed
his skills as a grass root level worker,
an organiser and an administrator
during his 13 year long stint as the
Chief Minister of his home state of
Gujarat, where he ushered a paradigm
shift towards pro-people and proactive good governance.
Narendra Modi’s path to creating a
Vibrant Gujarat as a shining
example of Development and
Governance did not come easy. It was a path littered with adversities and
challenges. His performance is reflected in the many Awards his
government received from both National and International media. Shri
Narendra Modi as India’s Prime Minister brings with him a rich and handson experience as one of India’s most successful Chief Ministers and one of
its finest of Administrators.
Source: http://www.narendramodi.in/
***********************************
Anuj Guruvanshi’s POEM
Contributed by: Shivani Sharma
MBA II sem, Sec B
Jo khud se ho, wo taiyaari acchi....
Na mile talwaar,to kataari acchi.....
Hota hai intzaar ka rog bura....
Jo saath le jaaye, wo bimaari acchi...
Imaan bechne wale, badshah kaise..
Aisi zamindaari se jamadari acchi....
Tumko bhaaye wo baat tumhari acchi..
Humko bhaaye wo baat hamari acchi...
Hd se bhad jaye, zeher hoti hai.....
Waqt pe utar jaye, khumaari acchi...
Jo rishton ko bojh samajhte hain....
Nakad accha na unse udhaari acchi...
Kaisi duniya wo, btao duniyadaari acchi....
Jisme nar acche na naari acchi.......
*************************************************************
REVIVIFYING SENTEUR
OF AKGIM
We at AKGIM always keep in encouraging our faculty members to think
creatively that can help them develop intellectually. Faculties always keep
themselves engaged in either writing papers or attending various conferences
and seminars. Following is the contribution of our esteemed faculty members:Prof. Ajay Singh Rathor
1. Attended One day Workshop on ‘Creative marketing and Simplified
selling’ on Jan.28, 2015, held at Hotel Lemon Tree, Delhi. The
workshop was organized by Confederation of Indian Industry
Prof. Namita N Kumar
1. Attended One day Workshop on ‘Creative marketing and Simplified
selling’ on Jan.28, 2015, held at Hotel Lemon Tree, Delhi. The
workshop was organized by Confederation of Indian Industry
Prof. Neeta Sahu
Attended Two days Simulation Game “Chanakya”conducted by GMA in
association with AIMA on 28th & 29th Jan 2015
Prof. Ritesh Singhal
1. An article on “Future Growth prospectus of Indian Economy: The Road
ahead”, published in 25th National Convention,“Growth in times of
Uncertainty”, Feb 22, 2014 ,Page no: 54- 59 by Ghaziabad
Management Association.
Dr. Sarjue Pandita
1. An article on “Future Growth prospectus of Indian Economy: The Road
ahead”, published in 25th National Convention,“Growth in times of
Uncertainty”, Feb 22, 2014 ,Page no: 54- 59 by Ghaziabad
Management Association.
2. Attended Two days Simulation Game “Chanakya”conducted by GMA
in association with AIMA on 28th & 29th Jan 2015
Dr. Swati Agarwal
1. Research Paper titled, “Impact of HR Practices on Employee Absenteeism”,
Published in Research Journal of Social Science and Management (RJSSM,
an International Journal, Singapore); ISSN – 2251-1571; Volume 4,
Number 2; June 2014; pp – 232-239
Dr. Vidhi Agarwal
1.
“The New BRICS on the Block A Comparative Analysis of
Corporate Governance System”, AAYAM AKGIM Journal of Management
Volume 3.Issue 1&2(January –December 2013)Page No: 23 to 33.
2. An article on “Being certain in the times of Uncertainty- A Growth
Perspective” published in 25th National Convention, “Growth in times of
Uncertainty”, Feb 22, 2014, Page no: 54- 59 by Ghaziabad Management
Association.
Extensions in AKGIM Family
AKGIM extends warm welcome to our
following new members who joined us in 2014.
1. Prof. Ajay Singh Rathor
2. Dr. Swati Agarwal
3. Mr. Prashant Kohli
Ovation!
AKGIM congratulates Prof. Swati Agarwal on being conferred upon Doctorate
Degree in HR from CCS University Meerut.
Disclaimer: RAYS, an e-News letter is just a compilation of news, articles from various sources like
websites, journals, newspapers and magazines and hence no personal analysis is being done by the
members. Editors and Institute would not be responsible for any undertakings .