As we near the end of the first semester we allowed our perspicacity to delve deeper into philosophical ideas. This led to the theme of the final newsletter this semester being: Decoding. Through the articles we tried to reflect on the ruminations of budding managers as they present their ideas on decoding life and the various aspects to it. This edition also covers annual colloquium and Barcode– the managerial maze and something a certain Manish Gupta from FMS will always cherish.
D-CODING THE A-TEAM
Winston Churchill once said, ‘Success is not final, failure is not fatal; it is the courage to continue that counts.’
September was a month of winning, glory, accolades and success. Be it in our college, where a multitude of events were organized or otherwise, in the world outside.
The ET Awards, 2013, honoured those who had a vision and an innate desire to make a difference. They were given to those leaders who showed indomitable courage to stay the course and conquer new frontiers, locally and globally, despite the troubled economy.
Business leader of the Year, an award given to honour a leader who has demonstrated strategic direction for success and has a vision was given to Kumar Birla, Aditya Birla Group, a man who was full of purpose and focus and who led from the front. An award that celebrates those Indians who set standards in excellence on a global platform is the Global Indian Award and the recipient was Vinod Khosla, Khosla Ventures. A business leader who had the ability to enter the business world and make a mark for himself is Entrepreneur of the Year, Sachin Bansal, Flipkart. Business Reformer of the Year, an award that honours a public servant who is dedicated to the cause of promoting business and trade was given to P. Chidambaram, who kept the country afloat in deep troubled slowdown waters. Sun Pharma was awarded the Company of the Year as it has consistently set clear performance benchmarks for the rest of the industry. A man who proves all weekdays are block busters and not just Fridays, was Ashish Hemrajani, whose BookMyShow was awarded the Startup of the Year.
All these men have one thing in common. They had the perseverance to prove themselves and with sheer determination and hard work, they achieved the unachievable. As Napoleon Hill once said, ‘Victory is always possible for the person who refuses to stop fighting.’
THE PRISONER’S DILEMMA: A GAME THEORY FABLE
In the mid-1920’s, the Nebraska State Police achieved what may still be their finest moment. After a 400-mile car chase over dirt roads and cornfields, they finally caught up with the notorious bank robbers Bonnie and Clyde. Bonnie and Clyde were questioned in separate rooms, and each was offered the same deal by the police. The deal went as follows (since both are the same, we see only Bonnie’s deal):
“Bonnie, here’s the offer that we are making to both you and Clyde. If you both hold us, and don’t confess to bank robbery, then we admit that we don’t have enough proof to convict you. However, we will be able to jail you both for one year, for reckless driving and endangerment of corn. If you turn state’s witness and help us convict Clyde (assuming he doesn’t confess), then you will go free, and Clyde will get twenty years in prison. On the other hand, if you don’t confess and Clyde does, then he will go free and you will get twenty years.”
“What happens if both Clyde and I confess?” asked Bonnie.
“Then you both get ten years,” said the interrogator.
Bonnie, who had been a math major before turning to crime, reasoned this way: “Suppose Clyde intends to confess. Then if I don’t confess, I’ll get twenty years, but if I do confess, I’ll only get ten years. On the other hand, suppose Clyde intends to hold out on the cops. Then if I don’t confess, I’ll go to jail for a year, but if I do confess, I’ll go free. So no matter what Clyde intends to do, I am better off confessing than holding out. So I’d better confess.”
Naturally, Clyde employed the very same reasoning. Both criminals confessed, and both went to jail for ten years.robbery, then we admit that we don’t have enough proof to convict you. However, we will be able to jail you both for one year, for reckless driving and endangerment of corn. If you turn state’s witness and help us convict Clyde (assuming he doesn’t confess), then you will go free, and Clyde will get twenty years in prison. On the other hand, if you don’t confess and Clyde does, then he will go free and you will get twenty years.”
“What happens if both Clyde and I confess?” asked Bonnie. “Then you both get ten years,” said the interrogator. Bonnie who had been a math
“Then you both get ten years,” said the interrogator.major before turning to crime, reasoned this way: “Suppose Clyde intends to confess. Then if I don’t confess, I’ll get twenty years, but if I do confess, I’ll only get ten years. On the other hand, suppose Clyde intends to hold out on the cops. Then if I don’t confess, I’ll go to jail for a year, but if I do confess, I’ll go free. So no matter what Clyde intends to do, I am better off confessing than holding out. So I’d better confess.”
Naturally, Clyde employed the very same reasoning. Both criminals confessed, and both went to jail for ten years.
DECODING LIFE : THE HUMAN GENOME PROJECT
The Human Genome Project (HGP) is an international scientific research project with a primary goal of determining the sequence of chemical base pairs which make up human DNA, and of identifying and mapping the total genes of the human genome from both a physical and functional standpoint. It remains the largest collaborative biological project in the history of mankind. The Human Genome Project was declared complete in April 2003. Most of the product sampling exceeding 99.99% accuracy.
The sequencing of the human genome holds benefits for many fields, from molecular medicine to human evolution. The Human Genome Project, through its sequencing of the DNA, can help us understand diseases including: genotyping of specific viruses to direct appropriate treatment; identification of oncogenes and mutations linked to different forms of cancer; the design of medication and more accurate prediction of their effects; advancement in forensic applied sciences; biofuels and other energy applications; agriculture, livestock breeding, bioprocessing; risk assessment; bioarcheology, anthropology, evolution. Another proposed benefit is the commercial development of genomics research related to DNA based products, a multibillion dollar industry.
THE MONTH THAT WAS
The theme was, ‘Reaching out to Rural India: – Way forward to CSR’. It aimed at changing the way the landscape of organizational and rural India is viewed. The main speaker was Mr. Yatish Singh, Associate Director, Indura, Dr. Reddy’s, Hyderabad. Thereafter, followed a panel discussion that had personalities like, Mr. Shirang Dhavale, Divisional manager, CSR, Tata Motors, Mr. Popatrao Pawar, Executive Chairman, Adarsha Gaon Yojana, Government of Maharaashtra, Mr. Pradeep Lokhande, CEO, Rural Relations, Pune, Ms. Kadambari Lokhande, Co-ordinator, Rural Relations, Pune, Mr. Ravindra Sangvi, General Manager, College of Agriculture Banking, Pune and Mr. Yatish Singh. The moderator for the discussion was Prof. Londhe, Dy Director, SIMS.
This year’s theme was “HR- A Strategist?” The event started with a laminating speech by Mr. Vijay Iyer, CLO, Deloitte. Thereafter followed a panel discussion comprising of Mrs. Anita, the Associate Vice President of Human Resources at Sandvik; Mr. S. Narayanan, the senior manager of Human Resources at MPhasis; Mrs. Nidhi Dhanju, Head Learning and Development at Thermax; Mr. Ranjit K, HR Manager – India Middle East, Hayworth and Mr. Bhanu Sharma. The discussion was moderated by an exceptionally profound gentleman, Lt. Col. Sunil Brijkrishnan.
This event organized by “Infinite” on the theme: “Rupee depreciation and its repercussions.” It comprised of a panel discussion comprising of Mr Ravi Sathe, retired consultant advisor at Tata Sons, Mr. Venkatraman GS , Chief Risk Officer, Mind Tree Ltd. This event, also saw the expert views of Mr. Vikrant Ponkshe, CEO Cosmos Bank.. During the event, the winners of the Intraday stock trading event “Vyapaar”, organized by ‘Infinite’, the finance club were awarded.
The moderator of the panel discussion- Ms. Archana Shiroor is the Head of HR for Corporate & Investment Banking and the BSS Mumbai Service Center at Barclays. Also present were Ms. Sindhu Subhashin, currently heading the Hitech Vertical & Key Strategic accounts within Mindtree, Mr. Udayan Joshi, from John Deree, Mrs. Manjiri Dilip Chunekar, an expert in the field of Bio Medical Waste Management, the India Head for Don Whitley Scientific Ltd UK and Rekha Rao, GM of 20:20 MSL, Mumbai. The event concluded by throwing light on issues like the underlying prejudice within each one of us and equal rights for women managers.
The students of junior and senior batch of MBA formed a COT (Core Onam Team). The COT was solely student run. The celebrations consisted of a song and dance performance in the morning and a traditional Keralite lunch in the afternoon. The Ada Payasam was a sure favourite among the students and the faculty.
COLOSSEUM CURTAIN RAISER DEBATE
The HR Club had organized a Curtain Raiser Inter Division Debate competition for the junior batch (2013-15) on 7th September. The topic for the debate was “Outsourcing HR or hiring HR”. The winning team consisted of Ms Anuja Deshmukh and & Mr Aditya Dhuri (Batch 2012-14) runners-up were Ms Arshia Singh and Col Milind Gogate (Batch 2013-15)
LABYRINTH – THE MANAGERIAL MAZE 2013
Barcode 2013, themed “Labyrinth” was the best one yet with a kaleidoscope of varied events from brainstorming business plans to crazy face paintings. Ten participants entered the managerial maze and one was left standing, battling thirty six hours of non-stop events for the coveted title of BEST MANAGER. The scene was a canvas of colours of innovation and the sheer fun that resonated in the very being. On one end one could see the berserk treasure thirsty teams decoding the clues and the portrayal of crazy ideas for ads and on the other end, the serious and grilling brain racking of the SUPER TEN fighting for the battle of the “fittest”. Barcode as an event brought out the best in everyone. For some it was time of fun and enjoyment while for others it was an experience of a lifetime, none the less SIMS had truly come to life with Labyrinth 2013.
BATTLE OF THE SUPER 10
The most anticipated event of Barcode “The Best Manager” had a psychedelic start off with the Barcode 2013 introduction video (conceptualized and designed by the Editorial and Public Relation Team SIMS) that had the audience on the edge of their seats. The contestants were the ten best handpicked from across the country honed to perfection. They encountered a myriad of events which tested them on all levels possible from parading themselves as a fun package when they had to introduce themselves to producing complex BPlan in a constricted time span that pushed them to the edge and drove them to near breaking point. The events were very diligently designed to test participant’s ability to handle unanticipated problems and changes.
36 hours of nonstop toiling by the contestants to have a shot at the coveted title of BEST MANAGER, only one survived and was left standing and that was Manish Gupta of FMS and was closely followed by our very own Radhika Kamra of SIMS.
COLOURS OF BARCODE
“When he worked, he really worked. But when he played, he really PLAYED.” ― Dr. Seuss
In its true spirit of what Dr Suess said, the side events of Labyrinth 2013 were incorporated in the main event. A multitude of events decked this year’s Barcode. There was a splatter of crazy ads with catchy jingles of “MadAds”, the luminous paintings with faces for canvases in “Face Painting”, the tumultuous “Treasure Hunt” with mind boggling clues, the battle of the fittest in the “King of the Gym” and the fighting old school of arm wrestling that had the whole crowd cheering for more. Then there was the very competitive tug of war that was a true test of sportsmanship and the artistic “Snapathon” a photography event with different renditions of Taste of the Street. There was thrill, there was passion and there was creativity; all of this in the perfect blend of team work, fun and laughter – the essence of Barcode and now a BENCHMARK.