Management & Commerce Tag

A unique aspect of the SSSIHL M.B.A. programme is to determine how the management concepts learnt in the classroom can be applied to help alleviate some of the problems that the villagers of India face in their daily lives.

Similar to the trip that the M.B.A. men students made, the I M.B.A. women students visited Anekal, Karnataka and Bangalore, 15-16 Dec 2019. The organizations visited included the Sai Vishram Business Hotel and Srinivasan Services Trust (SST). The trip included villages adopted by SST for inclusive development.

On 29 December, 2019, students also visited the Rural development and self-employment Training Institute (RUDSETI), Anantapur, Andhra Pradesh.

#SSSIHL

Increasingly, spirituality and ethics play an important role in organizations worldwide. Responsible business ethics, employee job satisfaction and a wholesome approach to individual and organizational behaviour are not just presentations in classrooms and research papers, but are being actively sought by mindful organizations.

In November, the Dept. of Management & Commerce conducted a one-day Management Development Program, Excellence @ Workplace – The Indian Ethos Way, to address some of these issues.

Led by Dr. N Sivakumar (Head of the Department) and Dr. G S Srirangarajan (Associate Professor), the programme took the participants on an introspective journey though reflection, exercises, talks and discussions on the profound messages from the ancient Indian texts and scriptures that are most relevant to current business practices and how they can be disseminated to the corporate world in a suitable manner.

From Karma Yoga to Dharma, executives from leading organizations discussed how to bring about greater engagement and satisfaction at the workplace in the process of achieving business goals.

Executives included directors, consultants and managers from Hexagon Wealth Advisors, SimplyFISoftTech India, Siemens Technology and Services, Point Analytics & Business Consulting, Future Generali India Insurance, GE Health Care, Tata Consultancy Services, Sri Sathya Sai Institute of Higher Medical Sciences, Mentor Graphics, Al Shaya India Ltd., Capital One India, SimplyFISofTech India and Titan Company.

#SSSIHL #SSSIHLIntegralEducation #SSSIHLManagementCommerce#values

Honing the art of Analytical and Presentations Skills via the Union Budget.

On 13 July 2019, the teachers of the Dept. of Management & Commerce held an intensive 3-hour workshop on Analytical and Presentations Skills. They did this by dissecting the critical focus areas of the 2019/20 Union Budget (or the country’s Annual Financial Statement if you like).

These included vital parameters like cess and import duties, the interchangeable use of Aadhaar and PAN card, the allocation of funds for various sectors from defence to agriculture, the dream of a $5 trillion Indian economy, Encouragement of start-ups by the quick sanction of loans and tax deduction, etc.

Students presented the key highlights and facts via role play. They were further discussed and analyzed in a panel discussion, which comprised of students from various departments. Students then participated (with enthusiastic zeal) in a quiz, adding to the liveliness of the workshop.

The budding economists of SSSIHL learnt the nuances of micro-level budgeting, personal finance and personal budget and how to analyze these concepts in a balanced manner and also present the facts in an impactful fashion.

#SSSIHLManagementCommerce #SSSIHL

Imagine you are a marketing expert. I mean a real expert!

You are the Divisional Head of a manufacturing firm and have to make tough decisions based on the 4Ps – Product, Price, Place and Promotion – in a highly competitive marketplace and take responsibility of the outcome of these decisions!
On 29 June 2019, the II-year M.B.A. students of SSSIHL did just that, albeit through a world-class simulation game on Strategic Marketing Decision Making.

Marketplace Simulations was kind enough to provide this state-of-the-art simulation, on a free of cost basis to SSSIHL students for trial.

Dr. Ashish Sood, Associate Professor of Marketing, University of California Riverside, championed the simulation game. He used his vast industry and academic experience to provide the best hands-on experience to the students during the game.
The marketplace simulation helped to strengthen students’ understanding of the fundamental marketing concepts and taught them new data-driven skills. In this realistic international business setting, they ran the marketing division of a corporation for five quarters in compressed time (five rounds of decision-making).

It put them in the deep end of the fast-paced marketplace, where the timeliness and quality of decision-making can make or break the business. Students realized that to succeed in such an environment; academic fundamentals must be strong – not just marketing, but also operations, finance, budgeting, et al.

During the game, they had the opportunity to analyze various situations, plan a marketing strategy around them, and chose the tactical options amidst all the conflicts, tradeoffs and potential outcomes to implement and execute their plans. They also faced uncertainty from the outside environment and their own decisions.

Talk about going from 0 to 100 (read: theory to practice) in less than 60 seconds!.