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Monthly Archives: January 2016

SCMS Cochin to pay tribute to India’s Missile Man with its annual management fest Shikhar 2016, aims to scale new heights of success

Cochin, 6thJnauary, 2016: SCMS Cochin School of Business is all set to host its annual management fest Shikhar 2016 on 28th and 29th January. It will be the 16th edition of the fest that was born with a few young students coming together with the idea of testing classroom learning, in a professional setting. Since then, over the decades, the event has grown in stature and has become one of the most popular and much awaited college fests of Kerala. It draws students from institutes across India and industry names from various sectors, in large numbers. This year Shikhar will pay tribute to and celebrate the genius of India’s Missile Man and ex President Dr. A P J Abdul Kalam.

Dr. Kalam was the visionary who took India’s prowess beyond the planet and into the space. He inspired the Nation to dream big and be brave. That is in keeping with the mission statement for Shikhar, which is an invitation on a journey to the summit for young professionals in the country, who can showcase their talents and skills. This year too, the National Management Fest will serve as a platform for management hopefuls from various institutes to display their true potential. On the line will be fantastic rewards along with bragging rights to be won for their respective institutes. Shikhar 2016 has over Rs.1 lac for students to bag as prize money.

1Shikhar also draws leading names from the industry who are presented with an opportunity to meet and spot brilliant young managers putting their best foot forward in the most competitive environment. This year will be no different as corporate bigwigs from various industry sectors will make their presence felt at the fest, playing different roles as judges, mentors and guests. Budding managers will put give their best in a bid to impress them and win them over. There will be a wide range of games that have become traditional favorites that will serve as a medium for participants to make themselves and their institutes proud.

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Glimpses from Shikhar ’14

Since the theme of Shikhar 2K16 is ‘A Tribute To The Missile Man’, the management and tech games have been named in tribute to India’s Space guru. Some of the popular Management Games this year will be Finance game (Brahmos), HR game (Reignted), Marketing game (Astra), Best Management Team (Wings of fire), Operations game (Prithvi) and Business quiz (Ignited minds). The Tech Games on the other hand are Coding (Eternal quest), Hacking (Trishul), Gaming (Elemental warriors) and Best app contest (Inspiring thoughts). They will test the mettle of India’s future but above all create memories that will remain fresh in the young minds for a long time to come.

ABOUT SCMS COCHIN SCHOOL OF BUSINESS

SCMS education is rich, demanding and transformative, with a unique PGDM curriculum that allows its PGDM students a dual specialisation with Marketing compulsory. A student who completes two years of study at SCMS Cochin School of Business will be a consummate public speaker, adept in effective communication, and an expert in human relations. SCMS Cochin School of Business is nationally known as the pioneer in introducing personality development programmes as a part of its business education. SCMS education fosters in students the highest standard of readiness for the ‘real world,’ in terms of their ability to think, to act and to contribute effectively in their chosen areas of interest.

 To read more, visit: www.scms.edu.in

 
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Posted by on January 15, 2016 in News And Events

 

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“As far as the IT industry is concerned, you can start at a lower level but you will have opportunities to scale up your career,” – Mr. Jojo Williams, Manager – Operational Systems (I.T), Kuwait Airways

jojo 3The last day of the year 2015 had a special treat in store for the students of SCMS Cochin School of Business. They had the privilege of listening to Mr. Jojo Williams, Manager – Operational Systems (I.T), Kuwait Airways. He brought it to the table at the industry interface session held on the 31st of December as he offered insights on the functions of the airline industry, career opportunities for managers in IT and all that’s needed for successful Project Management.

jojo 1Mr. Williams opened the session by giving the curious students a peek into the often mystical Airline industry. According to him, in spite of the high stress levels involved, it is a glamorous industry that has a lot of exciting prospects. He then highlighted the challenges he faced when he said, “The challenges and issues are with people, and we face them on a regular basis. These challenges could be on various levels and test your true caliber as a manager. You need to be able to handle them sensitively and intelligently.”

Mr. Williams believes that the changes in the IT sector have brought about a major transformation in the Airline industry as well. Those who want to work in IT should pick a specific domain and become experts in it. His helpful advice to the students was, “If you can do your specialization along with your career, you will start reaping fantastic results for it. As far as the IT industry is concerned, you can start at a lower level but you will have opportunities to scale up your career. It’s important to spot them and grab them with both hands.”

There is a lot of talk in the industry about IT trained managers and how they can thrive in different roles at various levels. Mr. Williams agreed with this notion and offered reasons for it: “All professionals should have domain experience and theoretical knowledge, which PGDM holders do. It’s valuable in the airline industry because most of the equipment is digitalized and managers should have basic knowledge about the latest in IT.” That was extremely valuable advice for those who aspire to work in the field.

joj2Finally, Mr. Williams focused on the topic of Project Management by offering examples from Qatar Airways – this kept things relatable for students. He shared secrets about the functioning of his organization that receives huge amounts of data on a regular basis. “Managers in the industry should have an idea about critical topics as well as field experience,” he said. “It helps you not only with your own career but drives the project to fruition as well. India has high career growth than any other country and there are tremendous opportunities for you.” These concluding words struck a chord with students, and they left the event more knowledgeable, energized, and optimistic about future opportunities in IT.

 
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Posted by on January 15, 2016 in News And Events

 

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Sathish Raghavendran, Vice President – Analytics, Deloitte delivers two engaging sessions at SCMS Cochin School of Business

It was a big day for students of SCMS Cochin as in their midst was an industry stalwart who has made a name for himself in the world of Analytics. On December 28th, Dr. Sathish Raghavendran, Vice President – Analytics, Deloitte,  visited campus to deliver talks on not one, but two important topics: Disruptive Innovation and Analytics. Students and guests packed the venue in anticipation of hearing from a renowned industry professional – Dr. Raghavendran surely did not disappoint. His ideas enlightened those in attendance as he discussed important emerging trends in both fields. A Ph.D in Economics from Southern Methodist University, Dr. Raghavendran has had a prolific career for almost two decades. Having started out as a Manager with American Express, he has worked with several top organizations, including JP Morgan Chase, Dell and now Deloitte in his current position. Besides scaling new heights of success in his professional career, he has also published several economic papers in Global Economic Outlook. One of them was featured in the Wall Street Journal, and another was published in International Warehouse Logistic Association Trade Journal.

SCMS article 1So, due to Dr. Raghavendran’s accomplishments, there was a lot to look forward to on the day he visited SCMS Cochin. The sessions lived up to the expectations as he shared his vast experience and expertise with students. He set the ball rolling by talking about innovation taxonomy. According to him, innovation should be divided into sustaining, disruptive and efficiency innovation: “The sustainable innovation problem is well understood. Customer is believable, market is predictable and traditional business methods are sufficient to survive if innovation is sustainable.”

To make his point clear to the students he offered examples of disruptive innovation, including IP telephony (Skype), downloadable music (iTunes) and books (iBooks and Kindle). He reminded students that digital disruption has already happened because the world’s largest taxi company, Uber, owned no taxis, and the largest accommodation provider, Airbus, owns no real estate. “Disruptive innovation must be simplified. It comes from the bottom and not the top. Design innovation is crucial for the success of disruptive innovation,” he went on to add.

After the invigorating first session, Dr. Raghavendran moved on to the second that dealt with the significance of Analytics in addressing business challenges and data mining. He started the talk by reminding students that the start of sustainable analytics journey includes, “Identification of the problem, searching for data to solve the problem, making business proposals, identification of a solution, and selling it to the client. It is an expensive process and mixing of analytics tools in the right manner is crucial in order to be successful.”

Performance gap analysis and hypothesis testing were other important aspects of Analytics that were discussed. Dr. Raghavendran also touched upon the topic of credit scoring, saying, “Credit scores help organizations decide whether to grant credit to consumers or not. There are 5 Cs to be looked at: character, capital, collateral, capacity and conditions. In Analytics, linear programming approach, logistic regression model, classification trees, neutral networks, genetic algorithms and nearest neighbors are the different approaches to be taken.”

Finally, he focused on the model development process stating various stages including: “Identifying the problem, identification of population, identification of sample, identification of variables, parameters and making forecasts. The problem statement must be clear, specific and easily understandable to avoid any kind of ambiguity.” These concluding words received a huge round of applause from the students. Dr. Raghavendran also entertained an engaging question and answer session from the gathering, which made the day’s proceedings even more significant.

 
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Posted by on January 12, 2016 in News And Events

 

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