The Asia Pacific International Conference

6 participating countries, hosted at SIMSREE

SIMSREE shines at B-School Awards

Another 6 feathers added to SIMSREE's already well adorned hat when the institute bagged accolades at Dewang Mehta and Dainik Bhaskar Awards

Guest Lecture by Lord Meghnad Desai;

A phenomenal Guest lecture by a celebrity economist in the institute campus

SIMSREE Annual Finance Summit FISCUS'13

SIMSREE had the honour of having Mr. Seshagiri Rao – the JMD and group CFO for JSW Steel , on Campus for FISCUS'13 organised by the Finance Forum

SIMSREE Foundation Day

30 glourious years in the field of education

SIMSREE Annual Finance Summit FISCUS'12

SIMSREE had the honour of having Dr.Subir Gokarn, Deputy Governor RBI on Campus for FISCUS'12 organised by Finance Forum.

SIMSREE Students meet US First Lady, Mrs. Michelle Obama

The winning SIMSREE team consisted of Akanksha Sharma, Michelle Rodrigues, Akanksha Bhalla, Upasana Koul and Pratik Mittal.

Sankalp'13

SIMSREE had the privilege of having Mr.Vishwas Nagre Patil,IPS officer and addl. Commissioner of police (West zone)on campus for Sankalp'13 organized by the SSR committee

SIMSREE Students win Dandekar trophy 2011

Michelle Rodrigues and Clitus Fernandes, have won the prestigious Dandekar Trophy 2011 presented by the Bombay Management Association.

Tuesday, May 19, 2015

SIM'ergence 2015 was successfully organised by SIMSREE

SIM’ergence is the annual flagship corporate event of SIMSREE which is organized by the ‘Corporate Relations Committee’ in association with the BSE (Bombay Stock Exchange). With the aim of bringing about an interaction between management students and corporates, the event is being organized successfully since the past one decade. It is an annual academia-industry interface, wherein, the stalwarts of the Business and Industrial world come together to discuss various issues faced by different organizations and to identify what could be the future business trends. Continuing with this trend, SIM’ergence ‘15 was organized on the 13th of March, 2015 at BSE’s International Convention Hall.  Keeping up with its tradition of having themes that are related to the contemporary industrial and economic scenario, the theme for SIM’ergence ‘15 was ‘Renaissant India: Development & Sustainability’.


India is on the cusp of reaping her demographic dividends. The Indian economy has metamorphosed into a knowledge economy steered by the services sector, leapfrogging the intermediate manufacturing driven stage seen in the developed economies. However, as we see the wage rates spiralling upward in China and the manufacturing sector in India getting a fillip, companies are now looking to manufacture in India and export.
The theme ‘Renaissant India - Development and Sustainability’ resonates well in the current scenario. As future managers, this is very relevant to management students.  With development comes the onus of sustainability. While a boost to manufacturing will add a new dimension to our growth story, we should not overlook our services prowess. The rapid growth of services in India is not only sustainable but is also poised to help drive manufacturing in the country.

SIM’ergence ‘15 provided the platform for the students to meet and understand the views of corporate stalwarts from across several industries which would guide them to prepare the necessary strategies when they actually start dealing with challenges in their corporate career. This grand event was witnessed by both 1st & 2nd year students of SIMSREE and by many students and professors from other eminent business schools from Mumbai as well.

The event started with the traditional 'Lighting of the lamp' along with Saraswati Vandana.
Dr. Sandhya Dhabe (Director, SIMSREE) delivered the welcome note in which she summarized the idea behind the theme of this event, wherein she said that true knowledge is a combination of classroom teaching and practical understanding.


 Mr. Shankar Jadhav (Head of Strategy at BSE & Director on the Boards of Bank of India Shareholding, Marketplace Technologies and BSE Investments). "How to improve infrastructure and employ more and more people every year is the big question, the young population thinks of getting jobs, we should change our mind-sets to think of how to create jobs." According to him, it is important to create jobs.



SIM’ergence'15 was honoured to have Mr. Raj Nair (Founder & Chairman, Avalon Consulting Group) as the Chief Guest for the event. Renaissant means rebirth, there is immense opportunity in the “New India”. While sentiments have been good in 2015, they will change in 2016. This can be seen on the BSE index as a parameter, which can be called as the temple of Indian capitalism. The Indian middle class is ever growing, predicting that nearly 80% would be middle class in next years.  He gave many examples including his own, citing the story of “Avalon” and motivating the students to emphasize that it is important for management students to understand the big picture and not get lost.

Mr. Satish Jamdar (MD, Bluestar) was the Guest of Honour at SIM’ergence ’15. According to him, with increasing growth, there is an increase in demand for skilled people, but there is shortage as many are unorganised and unemployed. Skill building is critical. He encourages students to add value to themselves by means of education. Sustainable inclusive growth would happen when maximum portion of the population participates.



Keeping in line with the theme, the first panel discussion was based on ‘Inclusive Growth: Role of Corporate India’.  The industry stalwarts participating in the discussion were:
1.       Ms. Amisha Vora - Joint Managing Director, Prabhudas Lilladher
2.       Mr. Anand Pillai- Sr. Executive VP, CLO, Reliance Industries Ltd
3.       Ms. Aparna Sharma - Country Head, HR, Lafarge
4.       Mr. Himanshu Goyal – Country Manager, IBM India
5.       Mr. Ullas Kamath, JMD & CFO at Jyothi Laboratories  (Moderator)
The esteemed moderator opened the discussion by discussing the topic and inviting all panel member to air their views.

Ms. Aparna Sharma started off the panel discussion by saying that sectors such as agriculture, energy, and infrastructure are the pillars to sustain economic growth and that the composition of these sectors is critical. Elaborating on this, she said that corporate India’s contribution should be to enhance productivity, reduce labour issues, focus on skill development, reskilling in the unorganised sector, participative leadership and reducing the gap between public and private sector.

According to Mr. Anand Pillai, “the Government has no business to be in business”. Academic institutions should be involved in imparting skills to students to remain competent in the industry and focus has to be tailored for the skill and not only for the purpose of seeking or getting a good job. The role of corporate India is to bridge the gap between corporate and college, motivate the people to be skilful and channelize corporate social responsibility towards this. He encouraged students to introspect.


Ms Amish Vora highlighted the fact that to pursue inclusive growth, India should focus on increasing financial literacy. People need to start saving and investing those savings. In view of this, she feels the “Jan Dhan Yojna” is indeed a step towards growth as less than 2% of our population have DeMat accounts. We need capital to grow and retail investors participating would be the key.
Mr Himanshu Goyal was of the opinion that perspective matters. Advancement of technology inculcates constant learning and advance planning of the needs of the industry. Industry and academics become one when the industry demands are put forth in the curriculum of the students. Due to the computer science subject, the services industry thrived. Vertical skill focuses on specializing while horizontal skill broadens horizons.
After this, the moderator, Mr. Ullas Kamath started the discussion by posing questions to the panel members - what should industry do to make people employable? Is India’s service industry threatened by China or Japan? What should the government of India do to ensure companies continue to grow?

He summed by emphasizing on the role of planning, the role of continuously honing skills, providing an ecosystem. “Why is it that South Korea, Japan became world class? India has lagged behind due to limited Government support, but collective intelligence in India is good”. The Build-Operate-Transfer model needs to be more willingly adopted.
There were various questions posed to all the panellists which they patiently answered and the students would have continued asking questions, was there no paucity of time. We are thankful to all the panelists for taking time out of their busy schedules to interact with the students.




The topic for the second panel discussion was ‘Triple Bottomline – The Sustainability Mantra?’ which aims to discuss the 3 Ps – people, planet and profit as a sustainability strategy for companies. The industry stalwarts participating in this discussion were:
1.       Mr. Akalpit Gupte - Director Compliance at Deutsche Bank AG
2.       Mr. A.V. Suresh - President, International Operations and CEO, Eureka Forbes Limited
3.       Mr. Bhaskar Bhattacharya - AVP, CHR, Hindalco Industries Limited
4.       Mr. Praveen Vashishta - Chairman, Howden Asia & Middle East (Moderator)
5.       Ms. Shraddha Pradhan - Director- HR, Bristol-Myers Squibb

The moderator Mr. Praveen Vashishta kicked off the session by saying that in the 19th century, profit was not the sole factor behind doing business, it was looked upon as a by-product of doing business. Sustainability is now being looked at seriously by many as now there are awards being given for sustainable practices and legislations are also being passed in support of sustainability. Sustainability can be difficult to measure. The 3 pillars of sustainability -people, profit and planet form the triple bottomline of a sustainable strategy.

Mr. A V Suresh explained the difference between CSR and sustainability saying that the 2% donated by companies is CSR but providing employment that results into growth in the community is a sustainable model. Every rupee spent by a company should be with a view of sustainable growth. People should be given the opportunity to earn. Raising awareness about the environment, educating others and investing in technology all lead to sustainable development.

According to Mr. Akalpit Gupte, the industry is driven by profitability. It is however importance to find out the ways and means by which this profit is generated. After the 2008 sub-prime crisis, banks changed business practices. The entire banking system needs to be remodelled for sustainability with more focus on ethics and values. Steps should be taken to change people’s mind set and make them think about how their actions affect others to make a more socially responsible society.

Mr Bhaskar Bhattacharya highlighted that most people start and end business with top line and bottomline and therein arise the problems and the concept of Triple bottomline came to be established. The Government earlier used to have only the fire department which later added the pollution control department and later still, renamed it as Environment department. All companies today have a department pertaining to Health, Safety & Environment. We must be sensitive from the perspective of greenery, pollution, clean water etc for the next generation.

Ms. Shraddha Pradhan added a psychological dimension to the discussion saying that sustainability is the responsibility of every individual for which values are list of Dos and Don’ts. A person’s conscience is the best guidance for responsible behaviour. A satisfaction survey mainly consists of customer, people, community, stake holders and shareholders. If the customer, employees and community are taken care of, there is sustainability. There is degree of correlation among these factors. 


The discussion threw up many insights like more transparency required in all transactions, sustainable development needing more awareness, education and advertisement. The panel agreed that if sustainability is practised the right way, it will not affect profitability. People and companies must be willing to change their mind-set and attitudes about sustainability and at the same time have courage to do so. There are many dimensions to sustainability and it is in the hands of the people and companies in a way to be the change they want to be. Many questions were posed to the eminent panellists by the student audience and the guests were very patient to answer them all.

All in all, the entire event was a grand success. Students of SIMSREE got a lifetime opportunity to interact with many industry stalwarts and that too on the single stage. They got tremendous amount of knowledge from the eminent guests that served the purpose of the event. SIMSREE thanks all the guest speakers who graced SIM’ergence ‘15 despite their tight schedules and making the event a grand success.


Thursday, March 12, 2015

Sankalp 2015: Social flagship event of SIMSREE

Thoughts do more. Words do much. Actions do much more
Following the above quote, the Student Social Responsibility (SSR) Committee organized the annual social flagship event of SIMSREE i.e. Sankalp on 7th March 2015. The theme Sankalp’15 was ‘Theory into Practice’, which means not just giving ideas, but carrying out necessary actions to implement them. The theme highlights how each individual can make a huge impact in bringing out a positive change in the society.

In line with the theme, the SSR committee came up with an initiative ‘LAKSHYA- aim to educate’.  LAKSHYA’ is an initiative wherein the students of SIMSREE will be actively involved in educating the children of a local BMC school, with the ‘Lakshya’ of enabling them to not only clear 10th grade, but also develop a strong foundation for the bright and promising future that awaits them. This will be implemented from July 2015 at SIMSREE.

The Chief Guest for the event was Dr. Madhav Chavan, CEO and Co-founder of Pratham Education Foundation. He is also a former Member of the National Advisory Council of India and member of the governing council of Sarva Shiksha Abhiyan Mission (SSA) of the Government of India.

The event started with an address by our Director Dr. Sandhya Dhabe introducing the theme of the event and emphasizing its importance. Our HOD Finance, Prof. Sangeeta Pandit, explained the students the importance of being involved in social activities. This was then followed by an inspiring speech by our chief guest focusing on the need and methodology of educating young kids. His emphasis was on motivating the kids to learn, rather than focusing on how to teach them i.e. do not teach them concepts, but increase the curiosity in them so that they will learn even when you are not there. This will also help the mentors learn a lot in the due course. He urged the students to actively volunteer in this initiative. Also, it was very kind of him to extend his support for the implementation of ‘Lakshya’.

After the initial inauguration, we moved to the final rounds of the competitions held during Sankalp’15. SSR committee along with ESSAR FOUNDATION organized the social b-plan competition, which saw the highest participation among all competitions. Top 5 teams were chosen for the final round, which was judged by Mr. Neerav Parekh (Director, Iksula) and Mr. Nilesh Halde (Director, AppLions Pvt. Ltd). The teams presented their ideas of a socially motivated profitable business plan, with top 2 teams being declared as the winners.
  

Other competitions included
a.       A case study competition: Solving the issues of secondary education in government schools in India (in line with the initiative Lakshya)
b.      Social vision competition: What will be your tipping point? (inviting people to share their socially motivated dream)
The case study was judged by our HOD Finance, Prof. Sangeeta Pandit and Dr. Arvind Dhond (President and Treasurer of all India Teachers Association), where top 6 teams presented their solution.

 The ideas and enthusiasm of the participants in each of the competitions, the involvement of the jury and the support of ESSAR FOUNDATION significantly raised the standard of the event. We would also like to thank the students of SIMSREE for their active involvement in the initiatives and events by SSR committee.
“We are all born with a divine fire in us. Our efforts should be to give wings to this fire and fill the world with the glow of its goodness.”

-A.P.J. Abdul Kalam

Thursday, March 5, 2015

OSTC UK organises Open Day for SIMSREE students

Onscreen Trading and Trading Connections i.e. OSTC had invited the students of SIMSREE to its premises on the 13th of January to interact with them and provide them with insights on how the world of trading moves as a juggernaut and also provided a hands-on-experience on the intricacies of trading at live terminals.

The visit commenced with a short presentation by Mr. Chintan Thakkar, wherein he started by describing in brief about the founders of the company and the course through which the company progresses, from a small office in the UK started by 4 friends to a multinational corporation. The students were very fascinated by the world of proprietary trading and had several doubts regarding the same as a career option. Mr. Thakkar clarified these by explaining the functioning of the organization and the duties and responsibilities of a trader.

Some students from the delegation, having prior experience in trading, shared some of their own experiences in the field. Subsequently, Mr. Thakkar explained the career growth that the vocation of trading offers and what would the career trajectory look like for a fairly successful trader. He emphasized on the importance of discipline in trading; OSTC lays greater emphasis on sound strategies in trading rather than one-off gains.

This was followed by an explanation of the trading terminals used at the OSTC office and the different types of trades carried out. After a short introduction about the bid and ask rates of various asset classes and the rules that are to be followed by traders, the students were allowed to try make trades on the terminal. This was perhaps the most exciting part of the open day experience for the students since most of them had never operated a trading terminal before, most certainly not on the scale that professional traders at OSTC were used to.

OSTC organized an hour long trading competition among the student delegates to trade four different products out of the 100 plus products that OSTC traders work with, in a way that would maximize gains by hedging risks efficiently. The announcements about key macroeconomic indicators kept beaming across the PA system and kept the students on their toes. At the end of the trading hour, the students were very enthused and the team with the highest gains was awarded a surprise present from OSTC.

The open day ended with the students being allowed to recce the OSTC office and interact with traders to further understand how trades were carried out. This concluded a very engaging and informative open day and SIMSREE students were thankful to Mr. Sanket Joshi and Mr. Chintan Thakkar for making it happen.


Tuesday, March 3, 2015

Guest Lecture by Dr. S. Srinivasan

On Wednesday, 7th January 2015, Dr. S Srinivasan delivered a lecture at SIMSREE on the topic of 'Stress Management by Staying Alert'. He is the Chief Learning Officer at Wockhardt Foundation and MD at Wellness Consultant and has four decades of experience in healthcare and human behaviour.

He started off the discussion on a lighter note by explaining how stress forms an integral part of our lives. He stressed upon the importance of wellness and life skills by demonstrating several examples. Striking a balance between work and personal life is of essence and stress management involves mutually balancing the two in order to lead a stress free life. Stress is not what happens to us but how we react to whatever happens to us. In order to manage stress, we have to manage our reaction and not the stressor. And only an alert mind can manage its own reaction. So it is imperative that we stay alert and control our emotions and reactions to a particular situation.

He further emphasized the importance of 5S management in lifestyle which includes – sleep, sex, snacks, stamina and spirits. By using the 5S, we can manage the 6th S i.e. soft skills and get ready to tackle the 7th S which is ‘Stress’.

Dr. Srinivasan explained the concept of 'Amygdala effect' and also how different parts of the brain help generate different emotions and responses to a particular situation, sometimes increasing the stress levels. He emphasized upon the difference between 'high road' and 'low road' and how managing the two leads to effective management of individual stress levels. He then shared some anecdotes of how people who overcome their limitations and inhibitions lead a 'Balanced Life'.


We are really thankful to him for giving us great insights into the literal meaning of the word 'Stress' and giving us some tips in order to overcome it. The entire session ended on a positive note and it turned out to be a great learning lesson for all of us.


Wednesday, February 25, 2015

CONFLUENCE '15 - Annual Consulting Conclave by SIMCON

SIMCON-SIMSREE Consulting Club organised its Annual Consulting Conclave, Confluence on the 8th of February, 2015. The event is in its third year. SIMCON has succeeded over the years in building strong and beneficial relations with corporates. The event is aimed at bringing management students and the corporate world together to generate insights into current happenings in the industry. Based on the theme “India -A Gateway for Global firms”, Confluence ’15 aimed at focusing upon the industry requirements and steps the government can take to ensure progress for the country.
The event began with the Welcome Note by Director of SIMSREE, Dr. Sandhya Dhabe. She introduced the theme for the event & highlighted the significance of relevance of the theme in present times.


In line with this theme the Chief Guest for the event, Mr.Vivek Kulkarni (Founder & Chairman, Brickworks India) spoke on the topic “Supremacy for India amongst emerging markets”. Mr. Kulkarni highlighted upon various statistics showcasing India as the path ahead for global growth. Even through google trends, India could be seen as being highest searched. Mr.Kulkarni also quoted IMF in saying “India’s economy will overtake China in terms of its annual growth rate by 2016.”
Post the Chief Guest speech, it was time for the first panel discussion. The topic for discussion was “India’s Investment Landscape –The Road Ahead”. The panel discussion consisted of the below panellists:
·        Mr.Girish Vanvari (Partner & Co-Head Tax, KPMG)
·        Mr. Prateek Pant (Executive Director, RBS)
·        Mr. Anant Gupta (Vice President, Kedaara Capital)
·        Mr. Santhi VIjetha (Director, Grant Thornton India)
·       Ms. Mukti Hariharan (Vice President, Credit Suisse) – Moderator

The panel highlighted the policy paralysis along with various other issues plaguing the scope of growth for India presently. Mr. Vanvari highlighted how they need to keep themselves on toes to understand the ever changing laws. He also threw light on the fact that the Companies Act 2014, was actually tabled in 2002, but was passed in its present form in 2014. This showed the policy paralysis prevalent in the governance of the country. The panel touched upon the topics of GAAR, GST and other such policies that prevent multiple investments in India along with how India has the potential to tap into multiple such opportunities with regards to FDI, FII through M&As etc. The discussion revolved around activities that would result in ease of doing business in India like Tax reforms, GST, single window clearance and other such activities. The wariness of the investors in investing in India was cited by examples like the Vodafone Tax case. The conclusion of the discussion was that unless India removes the road blocks, it would not attract huge investments. The first panel answered the queries put forth by the students from various topics such as Tax, GAAR.

The second panel discussion was more related towards how the industry needs to modify itself or suit itself to do business in India. The topic for discussion was “Adapt or Innovate - The Mantra for Survival & Sustained Growth’ from a marketing perspective. The panellist were:
·        Mr. Mohan V ( Former Executive Director/VP, HJ Heinz)
·        Mr. Vinay Gupta (Business Head, VG Retail Consulting)
·        Mr. Sandeep Zutshi (CEO & Co-Founder, Ascentaz Consulting)
·        Mr. Sunit Kishore (Head of Marketing, Novartis)
·        Mr. Joydeep Roy (Member of Governing Council, IIB) – Moderator

Discussion started with Mr. Roy giving a brief about the discussion and handing over the reins to the panellist one by one and keeping a check on the time at the same time. The discussion flowed in a question answer format where the moderator would ask a question in order to structure the discussion. Mr. Zutshi started with different types of innovations that we see in the world today- product, process, communication and technological innovation. Be it the Nirma case or the Balaji wafers case, product innovation is right in your face and hence the most visible. But given this fact, it is the technological innovation which retains imperious benefits and far-fetched benefits giving rise to a host of opportunities. The discussion moved then towards how Indian markets perceive any innovations. The session being an interactive one, the famous question of which of brick and mortar or e-retail industry would dominate in India came out. This was answered in different perspectives with Mr. Vinay Gupta explaining that the market always come to an equilibrium – eventually price would not be the competing factor but service alone would be the deciding factor. Mr. Mohan talked about how innovation is sometimes has to be achieved in the realms of the business and brand. Mr. Mohan talked about how Heinz had taken tougher route of launching ketchup in India; when it first launched its operations here; instead of making local tomato chatni which Indians are already fond of eating.  This is how brands operate in terms of maintaining their legacy along with driving innovations. Mr. Sunit Kishore steered the discussion towards the pharma industry and expressed how innovation is actually an over hyped word in the industry circles and how companies view innovation as just a task to do and hence do it for sake of it. This statement gave a very interesting path to the discussion and everyone started about their experiences of such incidence in their industries.



Overall the session was very interactive with students asking a lot of questions and the panellists and moderator answering them with patience. The students gained a lot of insights from both the panel discussions & from the Chief Guests addressal.

Saturday, January 31, 2015

MINDZ'14 by SIMSREE in association with JLTI

SIMSREE successfully hosted a first of its kind insurance broking competition named MINDZ’14 in association with Jardine Lloyd Thompson India Pvt. Ltd. (JLTI) in October- November 2014. The event was organised and coordinated by the Corporate Relations Committee, SIMSREE.
           
About JLTI

JLT India Pvt. Ltd. is a wholly owned subsidiary of Jardine Lloyd Thompson Group. Set up in May 2007 as a Global Shared Services Centre for the Group, JLT India has grown significantly to become the second largest office of the Group, supporting both Employee Benefits and Risk & Insurance operations of the Group. It is the first company in the Group (and one of the first companies in India) to achieve the international standard for business continuity management, ISO 22301. JLT India provides a multitude of services under 7 main verticals viz. Operations, Finance, Group Business Process Management, Information Technology, Knowledge Services, Legal Risk & Compliance and Human Resources.

About Mindz’14

Mindz 2014 is an inter college insurance broking event, that tests the statistical, strategic and analytical skills of the participants along with their ability to work in teams.

Format: The game comprised 3 rounds which involved an online quiz, an online insurance broking simulation game and a case study presentation round.

Timeline: The 1st and 2nd rounds were held between 12th October and 18th October and the last round was held on 26th November. 

Prizes:
      Rs. 50,000/- for the winning team
      Rs. 30,000/- for the runner up
      Gifts and certificates worth Rs. 20,000/- (total) for teams that complete Phase 1

Participation: Entry into the event was by invitation only. A total of 8 prestigious b-schools namely SIMSREE, ISB Hyderabad, NMIMS, NITIE, SJMSOM, SIBM Pune, SIMSR, SCMHRD had been invited to this competition.

Unique features:

      The online simulation game was played concurrently by the participants and JLTI employees
      Teams from b-schools which qualified from round 2 were merged with those qualifying from JLTI for round 3 i.e. the case study presentation
      These teams were assigned a mentor each, who guided them through the case study round
      The teams had to present the case study to senior JLTI management and their global counterparts for the final round

This unique format of the competition enabled students to experience an ideal corporate interface like never before. Also, it was a first hand learning experience as they teamed up with people already working in the industry.

The Finale:
The Final round of Mindz 2014 - the case study presentation was held on 26th November, 2014, at JLTI, Mumbai. The top 5 teams qualifying from the second round (Periloscope), both from B-schools and JLTI were given three primary topics to present on. Their presentation and ideas were judged by a panel comprising the JLTI management and their esteemed global counterparts.
Every presentation was followed by a comprehensive Q&A round. The contestants were judged on the quality of insights and research on the topic chosen, team work, presentation quality and responses to the questions asked by the panel.
At the end of all presentations, the judges adjudged team INVICTUS from SIMSREE and team MAVERICKS from JLTI as winners of JLTI Mindz 2014. They combined to form team BIZ WIZ for the last round. The team from SIMSREE were praised for their leadership qualities and the poise shown by them throughout the presentation and the subsequent Q&A round.



We would like to thank JLTI and all the contestants for making this competition a success. We hope to be back soon with a bigger and better Mindz 2015. Keep watching this space!

Thursday, January 29, 2015

Guest Lecture by Dr. Michele V. Gee

There was a guest lecture by Dr. Michele V. Gee on 7th of January 2015 in the SIMSREE Auditorium. The topic of discussion was "Global Corporate Social Responsibility and Strategic Management". 
Dr. Michele V. Gee is the Associate Dean at College of Business, Economics and Computing (University of Wisconsin, Parkside - USA). Professor Gee specializes in strategic management and international business. She currently teaches Business Policy and Global Issues in Management. Prior to her academic experiences, Professor Gee was a marketing manager at IBM and AT&T. Professor Gee has presented her research in numerous international, national, and regional academic and professional conferences on topics such as cross-cultural management, strategic analyses of organizations and industries, and economic development issues. She has reviewed existing and proposed textbooks in strategic management, and has provided extensive strategic planning consulting to organizations and businesses.
While talking about Global Corporate responsibility she said that India ranks amongst one of the topmost countries, where importance is given to social responsibility. When she asked students about the importance of CSR, nearly 98% believe that it is important to give something back to the society as CSR. She was overwhelmed with the response of students and also further cleared that there would not have been same response if she asked same question in US. Hence the difference in views of the people makes it really difficult to judge whether it is a right decision or not. 
She also explained that rules for abortion in INDIA and that in US are way different. Thus, it creates a big question in the minds of people that what is to be considered right and what not. Similar is the thought process for the Global Corporate Social Responsibility and Strategic Management. This short lecture helped students in understanding not only National perspective but a Global perspective for the topic which was discussed. A broader view for the same cleared the importance and scope for the CSR activities and its importance in the near future.
The session overall was very interesting and interactive which gave students new perspective to look towards the subject of Global Corporate Social Responsibility and Strategic Management.