Industrial visit to CenturyPly Ltd. by IIBS MBA Student Kolkata

IIBS Kolkata campus had organized an industrial tour to visit the Century Plyboards India Ltd., Joka on 16th November 2018 to develop the industry-academia relationship. The students in the tour had learned the whole process of lamination and the nitty-gritty of the industry. CenturyPly has been the front-runner in applying innovation at work.

This philosophy has been the cornerstone of all their processes and technologies.In recent years, the company is a one-point manufacturing unit of all kinds of plywoods and plywood related products, offering International quality and highest ROI to each stakeholder. The batch of MBA 2018-20, a number of 50 students with 24 boys and 26 girls accompanied by academic and placement team had made the tour a success.

The industrial visit was ended with an interactive session with the students and the company management where the students learned various aspects of human resource, marketing and operations. Lunch was served to the students at an economical place. The trip started at 9:00am and ended at 7:00pm. By giving the vote of thanks and the Momentos the group departed towards the college.

PGDM Students Discuss Micro-Finance at IIBS Bangalore

Microfinance is providing small loans to the extremely poor people for self-employment to generate income which facilitates themselves and their families. Microfinance program has been dramatically increased in the last two decades. Through this program income inequalities and poverty has been reduced and is applied successfully in many countries.

Microfinance is a novel economic development tool aimed at alleviating poverty through financial inclusion, socio-economic empowerment, and self-sufficiency. By virtue of a large and poor population. The microfinance in Andhra Pradesh is in latest news due to a high microfinance penetration rate and recent events.

IIBS PGDM finance student’s talks about Socio-Economic Effects of Microfinance on Agricultural Sector: An Analysis of Farmer’s Standard of Life in Andhra Pradesh.

PGDM Students in a group share facts and data about the microfinance products policy, RBI norms to grants microcredit to the individuals as well as families. Our objective of this session are:

• The effect of the loan on farmer’s life and for policymakers in designing of micro-financing products.
• To identify the social and cultural gaps those compel farmers in debts.

Microfinance is the source of socio-economic development of poor and small-scale business holders. It morally and ethically motivates a poor to work for self-employment. The loan is given to the poor’s for generating project and expansion of business and its term and conditions are flexible and easy to understand.

The expansion of the loan is quick and fast as well as easy. Microfinance helps an individual to become independent economically and provides additional income generating activities.

IIBS Alumni Association Meet - 2018 was held in Bangalore

The IIBS Alumni Association conducted the Annual Alumni Meet 2018 on Saturday 17th Nov 2018 at IIBS Airport campus, Bangalore. It was open to all alumni from the first batch onwards.

Objectives of IIBS Alumni Association Annual Meet 2018:

1. To elect new board members.
2. Alumni Interaction- Batches 2008-2016
3. Alumni Interaction with present 2017 & 2018 Batch.

The Alumni from 2018 till 2016 batch participated and made the event a huge success. Alumni meet 2018 focused more on a program by the Alumni and for the Alumni.

The Board members elected on the very first Alumni meet 2015 - Mr.Tony Paul as IAA President, Amit Giri as Vice President and Avinash Reddy as General Secretary, who served IAA for 3 years, passed on the baton to new board members:

• Krishna Nandan (President)
• Rubina Sheik (Vice President), &
• Lalam Ravi Teja (General Secretary)

Are elected on 17th Nov 2018. Also, the outgoing board members handed over the IAA Official Documents to management. Further management gave the responsibility to newly elected board members.

The program had a special touch of Pledge Ceremony (signature event) done by IIBS Registrar Prof. Rizwan Ali Baig, where Alumni recited the pledge promising to uphold the values of the institute and pass them down through generations.

Alumni from all the batches are the real successor in their fields of work. So, on this occasion, the management recognised many Alumni with Awards and Recognition under various categories like- Best Position, CSR Active Member, Best Entrepreneur, IIBS Success Story and Alumni Contribution-IIBS.

The program concluded with an enthusiastic cultural performance by 2018 batch followed by the vote of thanks by Avinash Reddy- Former IAA General Secretary.

In order to achieve a good result, a pious objective is determined first and then followed by a dedicated team to achieve it.

Become a member of the IIBS Alumni Association (IAA) and you'll enjoy a host of benefits and get the regular updates of IAA.

IIBS MBA Student at Krishi Mela / Agricultural Fair in Bangalore

A visit to Krishi Mela / Agricultural Fair in Bangalore by IIBS MBA Student. The Krishi Mela 2018 is being conducted at Gandhi Krishi Vignana Kendra (GKVK) from November 15 to 18, 2018.

Krishi Mela visits and it's purpose for an MBA student to know the answer to the following question.

• What is rural marketing?
• Is it an organized sector?
• Does the Indian rural population follow the consumer behaviour pattern as taught in business schools?
• What is the health care in rural India?
• Do they advertise in rural India?

International Institute of Business Studies, Bangalore leaves no stone unturned. An exposure to the rural market and the agriculture sector with hands-on experience was what the students of IIBS have just come back from.
It was a welcome gesture from Mrs. Madhavi Latha of TDU/FRLHT a the University of Ayurveda, and Health Services to train, guide, and motivate a team of ten students from IIBS. The team learnt their first on hands lesson from a person who was a blend of professional, and a mother.

The students took up the challenge of marketing, promoting, and selling of the publications of TDU/FRLHT. It was an uphill task for the team as the city was new, field unknown, and the language was completely strange.

The visitors to the Krishi Mela were pleasantly surprised to find smartly dressed youngsters trying all their tricks in the sleeve to woo them for a buy. The team on the other hand perfectly understood that not all customers are friendly, not everyone will buy, nor that everyone has the patience to hear to you. They did bite the bitter truth only to rise, and make a sale. They moved the hill, moved the earth, Yes! They got the customer to buy from them. The first taste of victory, first sale, first feel of an earning has no words to describe.

Developing Decision-making Skills in MBA Students at IIBS Bangalore

Learn about decision-making and some ideas about how to do it. In particular, learn why it can be difficult and how to overcome these problems.

Case Study Analysis

The case study analysis is a learning tool adapted to incorporate the analytical and decision making skill to MBA students. In the direct discussion of case studies where the student is being actively involved in the discussion, rather than just a talking head delivering content.

An objective of the Case Study Analysis

• To analysis the issue of concern, problem, challenge, or opportunity.
• To cultivate and built the decision making skill among students.

The focus is on students learning through their joint, co-operative effort.  A case study is a description of an actual administrative situation involving a decision to be made or a problem to be solved. Case studies, a decision must be made, although that decision might be to leave the situation as it is and do nothing.  Prof. Samiya Mubeen gave the student finance Case Study to the MBA student to analysis and administrative her situation involving a decision to be made or a problem to be solved. The case study Analysis can be divided up into two components:

• What you do to prepare before the class discussion?
• What takes place in the discussion of the case?

In the class discussion:

• A student started the discussion, facts and data.
• Listen carefully and take notes others group of students asked questions, where question and answers were discussed.
• An active discussion was going on where lots of knowledge was exchanged.
• Based upon the contribution in discussion evaluation, suggestions and decision were taken with concluding remarks.

Enhancing the Entrepreneurial Ecosystem | IIBS Venture for All

The professional academics are adapting to the renewed demands and major new trends in management education. IIBS is meticulously introducing the dynamics of corporate in day to day academic schedule. The IIBS Venture Ecosystem (IIBSVE) is one such initiative allowing management students to bloom at their best where freedom of thought, confidence to venture, and the right environment to progress are pledged practically.

IIBS Venture Ecosystem (IIBSVE) in its step forward has organized an interaction with Mr.Krishna from CELCO where the faculty and the students updated themselves, debated on the demands of the corporate world, and readied themselves for tomorrow.
The vision of IIBS and CELCO merge at the point of moulding a perfect professional for the betterment of the society. The motive is to send in an individual who can be an asset for himself/herself, for the corporate, and for the world as such.

The interaction gave the students an insight into planning, progressing, and achieving a set goal through discipline and dedication. The visit of Mr.Krishna is a progress indicator to showcase the vision of IIBS to be the best to deliver all those promises to the students, to present perfected professional to the corporation through the experienced faculty, and reaffirm themselves as a committed management.

IIBS Surface-2018: Much Awaited Collegiate Fest is Back Again

IIBS Surface-2018 program Much awaited Intra Collegiate Cultural and Management Fest at IIBS Bangalore is back again with new and vibrant colours, the colours of cultural diversity. Samskruthi is the very theme of the event - It is one of the flagship events of IIBS to encourage every management student to showcase their talent.

Date: Saturday 27th October 2018
Time: 9.30am onwards
Venue: IIBS - Airport Campus, Bangalore (Google Map)

IIBS Surface is one of the events by IIBS to encourage every management students to showcase their talent. Not only talent, but it also teaches students to plan and implement the cultural events and programmes in the given time.

IIBS Surface is an annual cultural fest to encourage students to showcase their distinctive & creative talent. Students, who otherwise would only have pursued academic, get an opportunity to find expressions to their innate and unique talent in front of their peer group as well invitees from the academic & corporate world.

Digitizing & Securing Industry, Infrastructure & Cities was held at Bangalore

Two days industry seminar of ARC Advisory Group's 16th India Forum for general managers, and other senior managers for the process and discrete industries, “Digitizing and Securing Industry, Infrastructure, and Cities” was held at Bangalore on 5th and  6th July  2018, Bangalore, India. This two days industry seminar was attended by Dr. A. Prakash. Industrial companies are revisiting their own business processes and technology approaches as competitors and partners start to employ 'digitalized' business processes and exploit the increasing convergence between operational technology (OT) and information technology (IT) on the manufacturing shop floor  to top floor – (General Managers, COOs, CTO, CMO, CFOs,  CEOs).  Technology solution providers are moving from the Internet of Things (IoT) concepts to real Industrial Internet of Things ( IIoT) products, solutions, and services. 

 Companies are creating and implementing IoT (Internet of Things) solutions as an alternative solution to traditional technology solutions.  Emerging business models allow manufacturers to rethink, or even outsource. Intelligent connected products, along with network communications, software, and analytics now enable manufacturers to improve uptime and optimize operating performance. Governments are also supporting growth initiatives.

The seminar focused on the level of how digitization can help industries, infrastructure, and cities grow in a secure, collaborative environment. The digitization has become imperative to succeed in a competitive world but the transition must be well strategized, implemented and to practice. The transition aspect of digitization was discussed through extensive networking among delegates, end users, and solution providers. Business pressures are driving manufacturers to implement new technologies, processes and become real-time integrated enterprises. The organizations plan and operate in collaboration at all functional areas & levels. Some companies already have a strategy for digital transformation, along with achievable roadmap. 

The session topics covered industry and infrastructure moving towards digitization; automation trends, cyber security; smart technologies and smart cities; and several end-user experiences. On both days there were lively and thought-provoking question and answer sessions with the speakers.

Presentations at the recent ARC India Forum emphasized on Industry trends, its impact that digitalization has on business and industrial operations. It is now imperative for manufacturers to have a well-planned digitalization strategy for projects. The company believes that manufacturers and other industrial organizations must transform their businesses into digital enterprises and need to extend across the entire value chain.

Case studies of Collaborative efforts of two suppliers companies namely  AVEVA and Bentley Systems were presented.   The AVEVA Group focused on the completion of its merger with the industrial software business of Schneider Electric in 2018. The Bentley Systems is about the company’s connected data environment approach – the key differentiators, user success stories, collaborations, and clients in India.

The supplier companies speakers shared their experiences about collaborative efforts and platforms to help companies progress to the next level of digitization. In turn, end-user speakers highlighted partnerships and implementing new technologies that have helped them in their respective digital transformation efforts.  It was all about growth through the collaboration of cross-functional groups’ use of technologies, people, processes, and best practices.