Myths about Green Economy: Busted

Greenery calms down our eyes and mind. It symbolizes life, freshness, nature, harmony, energy, and fertility. The world is facing serious challenges in environmental front. To motivate people to stop contaminating the environment, Environmentalist, and environmental enthusiasts are using “Green” concepts everywhere. At IILM with a blend of management and engineering, we create Eco friendly surroundings. Same concept is used for green economy.

“An economy is the production and consumption of goods and services and flow of money. Then what is Green Economy? Is Green economy all about planting trees in the world? Let us make it short and simple by explaining Green Economy. Green Economy stands for accelerating economic activities and infrastructure that are helpful in low carbon emission, increase energy conservation, and efficient use of resources.

There are certain myths about green economy, which you will also relay on-

  • Every business around is polluting environment. Agricultural waste makes Delhi’s atmosphere  suffocating every year, chemical fertilizers contaminating underground water. Agriculture a major sector in green economy is polluting our country. Therefore, green economy is just a concept for books.
  • Everything around is driven by fossil fuel. Electricity for metro trains generated from the thermal power plants using coal. In actual we are not conserving the environment. Environmental protection, social benefits and profit making cannot go together. Again, green economy is a myth.
  • Green economy cannot grow like fossil fuel based economy. This economic model will not get acceptability of citizens. So it is a myth.
  • Shifting economy from fossil fuel to other energy sources may result in job loss. Governments won’t be able to afford this, so it’s a myth.

Let us burst the Myths about Green Economy

#Myth-1 Industry transformation in Green Economy

Businesses will get transformed into green economy. Present MSME like renewable energy, sustainable transportation, waste management, green residential areas, water management, land management, fisheries, agriculture, forestry, etc. will work on large scale. There are certain areas in the business that yet to be explored. Organic farming can make agriculture non polluting, healthy and profitable.

#Myth-2 Environmental protection, Social benefits, and profit making cannot go together

  1. J. Kurian of Amul, Shri Mahila Grh Udyog and several other Indian examples has proven that social benefit and profit making can go together. Both of them uplifted the people financially. Government of Gujarat has introduced a project of installing solar panels on 19000 Km long network of canals of Narmada River. Hence, above myth has been proven wrong

#Myth-3 Growth of Green Economy is perceive slow

Renewable energy and recycling can be the key drivers to foster green economy. Availability of energy and raw material economically is the need of industry. Renewable energy is an economic and sustainable source of energy and recycling can provide cheaper raw material. India’s 55% of energy requirement will be covered by renewable energy sources by 2030, if this sector will grow at the same pace.

#Myth-4 Career and Job Opportunities are limited

Whenever technology shifts, it affects the job market, and existing jobs transform. India’s top business schools are carving our future managers and technocrats to work in present environment and cope up with future challenges. Research will play a key role for every student.

At IILM College of Engineering, Department of Biotechnology trains students in hydroponic technology, vermin compost, bio compost etc. Our Alumnus and existing students are working with reputed brands at renewable energy sector. Civil engineers at IILM are developing methods of using non-degradable plastic in construction. This will change the future construction techniques and minimize pollution.

Coming to the end of discussion, I would like to support  Green Economy as- industries can easily shift to renewable energy sources, Green economy will grow at the same pace like fossil fuel based on our  economy there will be no dearth of career opportunities. Green economy will contribute in better health of citizens. Citizens can start practicing basic  fundamentals of green economy by using solar power, compost in kitchen gardens which are  very beneficial in  conserving energy.

For more information on green economy related readings follow my blogs on IILM Blog site or write to me at

How to Make your Virtual Teaching Interesting for Learners

Change always creates anxiety and when this change is rapid then it creates panic too. Recent changes in an environment completely upset the traditional classroom teaching-learning process. It left no other choice but to move on a new platform for learning that is virtual classrooms.  This transition from traditional face to face teaching to virtual teaching was highly unexpected and too quick to absorb hence given a very strong blow on the teaching-learning process. Moreover, neither the teachers nor the students were trained for such a virtual environment. When I thought about learning through virtual teaching, I encounter two questions. Does any scientific method exist to enrich the learning process? Can learner also enhance their learning?

On the lines ‘the show must go on’, one needs to adapt to the virtual teaching-learning model and should make this interesting for learners. Learners are sitting at the comfort of their homes with too many distractions all around. Learning will only happen when they find interest in lectures and feel engaged.

To increase the productivity of the class teachers might consider the following tricks:

Lay down fundamental rules

At the beginning of the class, the teacher should inform the students about few basic etiquettes to be followed in class. Ask the students to mute their microphones to avoid any disturbance. Students will unmute themselves only if they have any questions to ask or if they are asked to do so. If possible, ask the students to switch on their camera which will increase the engagement.

Engage students

On online platform, students have a shorter time span for concentration. By asking questions to random students in every 5-6 minutes will keep them engaged and hence increase the productivity of the class. At every 5-6 minutes keep asking simple questions and for answers ask students to type in the chatbox. Answers could be just ‘yes/no’ type.

Give control to the students

Generally, in classes teachers speak a lot, and students felt left out and learning stops. It is better to give control to students at times and ask them to interact in the form of discussing with each other in class.

Share content in advance

Possibly, share the content to be discussed in class with all the students in advance so that they are prepared well in advance.

Use easily available, copyright-free online resources

Share content with the students which are copyright free and easily available. Although, too many contents are available freely for all but do not expect that students will search on their own. It is better to mention the URL for the resource material as click and use the material for them.

Avoid information overload

Plan your sessions well in advance such that students will not be overloaded and they have time to practice problems on the topic discussed.

Make use of Multimedia

To avoid boredom in the classroom, use multimedia tools to make the classroom interesting enough so that students’ engagement increases and so productivity.

Record live sessions and share

Don’t forget to record your sessions for the benefit of those students who live in the area with bandwidth issues and not able to attend live sessions. Share these videos with all the students so all can revisit in case of doubts.

There are certain basic rules for students also to make learning effective and efficient. First and foremost, students need to have a reliable and stable internet connection to attend the classes in virtual mode. They must find a quiet corner at their respective places to avoid any disturbance during sessions. If possible, they can use headphones instead of earphones to reduce the noise level. Prepare for your class well in advance. Go through with all the resources shared by teachers. Be interactive during sessions but do not disturb the flow of the class. Either raise a hand or use a chat box in case of any query.

The productivity of the teaching-learning process in the management program will surely be enhanced if both the stakeholders follow the aforementioned tricks. Faculty and students of IILM will surely make teaching-learning much more interesting and productive on a virtual platform.

Dancing Market: Optimism or Insanity?

In the era of COVID-19 when WHO has declared it as a pandemic. India is under the lockdown for more than sixty days like all other nations in the world. All the economic activities were shuttered down till lockdown 3.0. The future outlook for the Indian economy is not pleasant. Analysts are expecting negative growth for Financial Year 2021. Almost all medium and small-scale businesses are in crisis. Most of them have shut their shops and laid off their employees. Big business houses have announced a salary cut for their employees. For April, the Auto industry first time have observed zero production output. The unemployment rate is at an all-time high. Scores of migrant laborers have moved back to their native places.

In this gloomy scenario across the nation stock market is dancing like anything. Though, it is not at the record height as it was during February but it is not that bad either. Eventually, soon after the announcement of the lockdown market slumped to almost half but this state did not last long. At present, the market is hovering around the level of 2017 which under the present circumstances is quite amazing.

Barometer of Economy?

It is time to evaluate the phrase ‘SENSEX is the barometer of Indian Economy‘. Is it a barometer to gauge the economic activities anymore? The stock market is considered a leading indicator of the economy. It was believed that there is a high correlation exist between the stock market and economy but this correlation does persist?

Fool’s Paradise!

Though the stock market is not a true representative of the economy nowadays it seems like the market has divorced the economy especially to all whatever is happening around us; whatever is the reality of economic activities. The stock market is not showing any concern to the more than fifty-nine lacs corona positive cases around the world and more than forty-seven hundred deaths in India. Stock market and particularly investors are living in paradise.

Future Outlook

There are various explanations for this insane behavior of stock investors. First and foremost, the explanation is that stock prices are always based on the future outlook, not the present. Present stock prices are the discounted cash flows expected from stock in the future. So, the present stock prices reflect that investors believe that economy will have a speedy recovery shortly.

Expectations from Government

Investor’s expectation of a substantially large stimulus package from the government went in vain. Investors have a strong feeling that the government will be able to overcome all difficulties in the economic front. The historic decision of reducing the corporate tax rates and conceptualizing the idea of ‘Atmanirbhar Bharat’ is giving hope to the investors.

The central government, as well as Reserve Bank, has already taken measures in terms of various fiscal and monetary policies to infuse the liquidity in the system. The financial year which generally ends on March 31 has been extended till June 30 exhibits commitment of government toward economic measures. Investors are betting on such strong interventions of government to boost the profitability of corporate houses in the future. The first year of NDA 2.0 is rated positively by various analysts which is enough to boost the confidence of investors.

Investment Options

Even more, now investors have not left with more options to invest as the prevailing interest rate on government bonds and all small saving schemes have been reduced. If we adjust the returns from these schemes with inflation, we will get negative returns for almost all investment products. So, the stock market is the only option left for investors to park their excess money with.

Optimism for Vaccine

Stock investors are at present feeling more optimistic about the future than the doctors and scientists who are working on the development of a cure for the Corona virus. Investors are expecting that soon enough a vaccine for the same will be discovered on which the whole world is working.

Black-box Theory

Another theory argues that all investors are operating as a black-box process. No one knows about the future of investments or till when this pandemic end and the road to normality be back. It is just the mere expectations which are leading the market at present. Investors are also active because they fear being left behind. New investors are considering this time as an opportunity to enter into the market at this level which may not come around again.

Parallel with Lehman Crisis

If we draw a parallel between the current crisis with the financial crisis of 2009, we get a hint from there also about this euphoria in the market. In November 2009 when the future of economies was pathetic even then the stock market across the world was mostly up by more than 50 percent from the past year while the economies were only growing by 1 percent for that particular one-year period. People were investing based on their expectations not based on ground reality. So, again history is repeating itself in the market.

Advice for Novice Investors

It can be inferred that expectation of the majority is driving the market than reality. Investors are not acting insane rather they have optimist future outlook. For investors, market timing is really important. For a novice investor, it is time to get into the market with a long horizon. If you have missed the wagon in 2017 then prices are again around that level. ‘Buy with caution’ is the mantra for success.

At IILM, students are being prepared to analyse the economic situation and to identify the trend for investments to be successful. We conduct live trading sessions for better understanding of the same. For more information on stock market one can approach at

A Psychologist’s Guide to Coping in Uncertain Times

“Always Expect the Unexpected Because the Only Certainty Is Uncertainty”

Uncertainty in life has many forms. Changes at workplaces, change in priorities, change in rules and regulations. Even if things are safe right now you never know when they would change and you need to be ready to handle that change.

Change is usually not the problem; it’s the discomfort that often bothers us as we are so strongly attached to a particular outcome in life.

When certainty is questioned we usually have a fight or flight reaction and try to safeguard ourselves. Our brain prefers to find a sure shot outcome to the uncertainty we are experiencing. Research proves that anticipating pain soothes us to be calm than anticipating uncertainty only because we know that pain is certain. For example, uncertainty about getting a job is more stressful than actually losing a job.

Now, the question arises what should we do to tackle uncertainty in a way that it doesn’t impact our overall health and well-being.

This is very important for students aspiring to work with multinationals, professionals struggling with changing roles, people disheartened with their job.

  1. Firstly, don’t panic, remain calm and level headed. Living in uncertain times can be discomforting but you can control how to respond to such situations.
  2. Avoid dwelling on things you can’t control. Try changing the habit of ruminating on negative events of life. Why only visualize worst case scenarios. If there is a fear of not getting a job think of ways to enhance your skills. Think positive and believe in yourself. Remember it’s your life and you have the potential to change it.
  3. Add Value to your skills. It’s important to align your skill set to what is currently the need of the industry. Make sure you have those skills that the current time is demanding. Act upon it. Visualize possibilities.
  4. Market Yourself. Do not think I am asking you to boast about yourself; but how would people know your calibre if you don’t tell them about yourself. Get the recognition you deserve. Go for it.
  5. Ensure your profile is updated. Have an eye-catching LinkedIn profile. Express your interest in companies that you aspire to work with. What you post on your profile should be interesting in content and original in nature to attract organizations towards you.
  6. Focus on Financial Well-Being. One tip for life is always having a financial saving of at least six months worth your livelihood. This will be your support during rainy days and you’ll always have time to choose the best opportunity and will never settle for something less in life. Savings are very essential.
  1. Engage in Self care. Healthy routines are magical. Eat well, exercise regularly, just like body needs stimulation so does our mind and thoughts. So feed your intellect with good literature. Practice mindfulness, it makes life a better place and opens doors that you thought were closed.
  1. Risk is real and Fear is optional. Risk assessed is risk management. Understand the uncertainty take calculated risks and overcome your fears to innovate the new you.
  2. Control what you can. We often run for things that are beyond our control. Try making a slight change by focusing on stuff that is within your control. It can be as basic as setting your clothes a night before a strenuous day. Try comforting your days.

If you see your Today. Job insecurity is the “New Reality,” why respond or perceive it as Negative. It might offer better opportunities for your growth and career enhancement.

Take that Extra Mile and prove your worth. Show the world your True Potential. Don’t Stress and rather Invest in this time to uplift your skills and embrace the new shift that the Industries are offering.

This is the only way you can see the New Positive and Let go the doubt and uncertainty around. Be prepared to change with the times instead of resisting to a change. Life’s most treasured moments come unannounced. Instead of being threatened by unexpected outcomes we should learn that they can be hidden seeds of opportunities.

For best professional practices and how to deal with professional challenges follow my blogs on IILM Blogs and LinkedIn or write to me at

We at IILM train students to handle complex situations and be proactive professionals in every situation by focusing on multiple skill development, developing emotional intelligence. There is a Center for Emotional Intelligence at IILM University where training programs help students build self awareness, emotional regulation that helps them deal with uncertainty in personal and professional life.

Mankind 4.0

Humans are ever-evolving- This phenomenon is triggered by their needs and wants that are required to be fulfilled for survival; well sometimes for luxury too. Every kind of change that takes place in the world develops mankind in certain ways that makes them a little more capable. There are no limits to what humans can do, but it is only discovered when they face a crisis. This is the perfect time to move up the ladder of maturity and once again prove that nothing is superior to humans and nothing can end this mankind’s reign on earth.

What happened so far?

2020 is the year that escalated the revenues of the News Industry and Media Houses. A series of events have been taking place globally which have had a large impact, rather a very negative impact be it to people, biodiversity, climate, or economic growth. The Australian bushfire, Delhi communal riots, coronavirus pandemic are just a few examples to site. The effects of the pandemic have been the most massive so far, so huge that the world has come to a standstill. Lives have been lost exponentially and so have the hopes of people of going back to normal ever again. There is going to be the start of a new normal soon after there is some control over this situation. The pandemic has had far-reaching consequences on human behavior and there have been unforeseen innovations and development taking place concerning a new lifestyle.

It is the beginning of a new era with changes influencing healthcare, consumption, values, society, education, politics, finance, economy, and so on. Such humanitarian revolutions had been taking place from time to time with the genesis of civilization. Firstly, it was the discovery of fire, secondly, the rise of agriculture and thirdly, the industrial revolution. Perhaps a technology revolution is on its way because that’s the only way to keep things going in this crisis. Just when the world was moving towards technology adoption at a very rapid pace, the Covid19 pandemic has fuelled this phenomenon.

Re-shaping industry and economy

All the sectors that are likely to be dominant from now on are healthcare, pharmaceuticals, medical devices, manufacturing, logistics, agriculture, education, and social welfare. There will be a significant influence of technology either in the form of virtual reality or artificial intelligence, in all these sectors. The new economy will be technology-driven. Disruptive innovation is going to be a focus point. Social welfare also will gain significance. All of it will be facilitated by public-private partnerships which can lead to socio-economic development. The need for the hour is to focus on all these areas so that the world is ready to face such a pandemic again without severe loss. Otherwise, the economic depression cycle will continue for a prolonged duration. The cycle goes on like this- business exists for profit and no production leads to no sales and hence no profits. The capability to employ becomes less. So, companies only hold on to very essential employees to meet demand when the economy picks up. Subsequently, people lose jobs or have the fear of losing jobs and buy less, consume less. So demand goes down and profit automatically goes down. It is evident that revenues are falling and both consumption and production are going down paving a path towards economic recession. However, post the pandemic, the countries with a zero growth rate will be looked upon as an attractive business hub as compared to the countries with a negative growth rate which is going to be common after this catastrophe.

Life comes first

Many of the best paying jobs only facilitate the exchange to make money and serve the no wider purpose to society. This leaves us with huge consulting firms, the advertising industry, and the financial sector. Health care and social care never got the limelight as they were considered “unattractive”. Looks like in the present-day people are realizing that there’s more than making money to survive. A much wider approach to life needs to be followed. Life should be valued more than anything else. Nobody anticipated that a microorganism can devastate the most evolved and developed organism on earth; the humans. This is a signal that the next phase of evolution has arrived where we need to reconsider our way of life. The priorities need to be altered and a more vigilant human needs to take shape.

A transition in lifestyle

Post the 1918 Influenza pandemic, many lifestyles, and hygiene etiquettes were being followed that were never imagined about earlier, yet are a part of our daily routine in the present day. Similarly, there will be some concrete transitions now. Just to cite an example, as social distancing is so essential, multistory buildings might become history. Too many people jammed in one apartment is undesirable. We need more open spaces with better ventilation. Filtration and neutralization of air and water will become mandatory. The home will be the new office for jobs that don’t essentially require movement and physical interaction. Work will be digitized to the farthest extent. The internet will be more accessible and the blood of information flow. Traditional jobs will be replaced by robots. Education delivery will become blended and rich. Globalization will move towards localization. Countries will try to be self-sufficient by having an entire supply chain within the country borders. Country borders might be closed except for extremely essential exchanges and international trade will be redefined. Social welfare, poverty reduction, education, and employment will be prime concerns. In addition to this, people will value their jobs, focus on productivity. Family life will be back, eating nutritious home food with the family together, interacting, bonding, all of it which was somewhere lost in the mechanical life will revive. The scarce resources will be better utilized for needs first and then wants.

Life on earth is precious and with every passing day, facing challenges and changes, mankind has always learned to adjust and endure. With this optimism, we can hope that with time we will evolve to a stronger, more sensible, and responsible being and harmoniously share the planet with our fellow beings. We need to make some quick lifestyle changes and inculcate healthy habits. With our efforts, we can have a better and happier ending to the year 2020 and have a successful decade ahead.

Please comment and share your views on how the Human Race will evolve in 2020.

By Manisha Kar                                                                      Dr. Anjali Jindal

IGSM/PGDM Student                                                 Assistant Professor (OB & HR)

Organisational Citizenship: Going Above and Beyond

Every organisation thrives to create high efficiency and super effective manpower to remain competitive. This makes creating organizational citizens more imperative and important.

An organizational citizen voluntarily does the extra efforts for the company not only because of the job contract.

Organizational citizenship behaviour has been studied since the late 1970s. In more than 30 years of this concept’s existence, it has substantially gained the interest of organisation leaders and academia. Organizational citizenship has been very closely linked with the overall effectiveness of the organisation; thus, organisational citizens play a very important role and have positive consequences in the workplace.

IILM has been a pioneer in developing organisational citizens with its very professional work culture where every member works as a part of a team. The culture at IILM naturally develops and motivates each and every member to deliver the best out.

Organ (1988) defines Organisational Citizenship Behaviour as “individual behaviour that is discretionary, not directly or explicitly recognized by the formal reward system, and that in the aggregate promotes the effective functioning of the organization”

An Organizational Citizen can be defined as the one who possesses these five behavioural characteristics:

Organizational Citizen1. Altruism: It can be defined as discretionary behaviours that have the effect of helping a specific colleague with an organizationally relevant task or problem.

2. Courtesy: Courtesy has been defined as discretionary behaviours that aim at preventing work-related conflicts with others (Law et al., 2005). This dimension of the organisational behaviour relates to helping behaviour and also keeps preventing the problems. Courtesy is a basic human value that makes him more helpful and understanding towards fellow citizens.

3. Conscientiousness: It consists of the behaviours that go well beyond the defined job role requirements. Every employee of the organisation accepts and adheres to the rules, regulations, and procedures of the organization. Every member of the team takes ownership of all the rules and procedures as the decision process has been effectively collective endeavours.

4. Civic virtue: Responsible participation in the political processes of an organisation. It can be understood as a positive involvement in the concerns of the organisation. Civic virtue can be seen in an individual who takes an interest in the affairs of the organisation and keeps up-to-date with the developments and processes of it.

5. Sportsmanship: It can be defined as tolerating the inconveniences and annoyances of organisational life. No organisation can make perfectly suitable rules and policies for every employee and this should be understood by an organisational citizen. One who is ready and happy to stand with the organisation and serve beyond his defined role overlooking the inconveniences is an ideal organisational citizen.

These characteristics can be developed in an employee by having good practices at the work place and motivating such behaviours by rewarding them. There are alot of tools for doing so in an organisation that starts right away from the hiring process to induction, training, and setting goals that motivate the incoming employee.

Since Organisational Citizen is beneficial for any organisation, it becomes important to consider the factors which affect it. These antecedents can be broadly categorised into three major areas: personality/traits, attitudinal, and leadership/group factors. Among the three personalities has a minimal effect on the tendency to becoming organizational citizen however it does mean that some staff will be more naturally inclined to such behaviour. The other two are more promising as the attitude can be cultivated and leadership can be developed by facilitating more employee engagement.

These antecedents make a guideline to create organizational citizen in any organization through various steps as:

• Job Embeddedness: It is a reflection of the extent to which people are connected in a social web either in an organisation (‘on-the-job’) or in a community (‘off-the-job’).There are three aspects of embeddedness visually, Links: the extent of links to other people or activities,Fit: the extent of fit of their jobs and communities and Sacrifice: the ease with which links could be broken

• Setting examples: The leaders must set an example for the behaviours they want their employees to exhibit. It is well said that cultures are made at the top. Leaders must exemplify being considerate, jumping to help others, putting forward themselves in the events outside the job etc. This will help employees engage into a frame of reference to develop them into organisational citizens.

• Encourage teamwork: Strong co-worker bonds and good interpersonal relationship put a significant impact on employees. People tend to turn into organisational citizens when there is cohesion between them and they feel connected to each other. A culture of collaboration and cooperation must be seeded early so that employees see themselves playing a vital role in supporting co-workers. Job roles must be defined such that they are encouraged to look out for a team which in turn enhances qualities like altruism and courtesy.

• Connect the qualities of Organizational citizenship with company goals: principles of organisational citizenship like altruism, courtesy, civic virtue, conscientiousness and sportsmanship must be linked in any form with the company goal in any verbiage. This will encourage the employees to get into the culture and show the traits as their duty.

• Office social environment: Employees must be given an environment of work that nourishes the organisational citizenship behaviour. Group norms should be made in such a way that encourage the employees to positively interact with each other, attend office functions, seek help, and do help others, etc.

• Supervisor awareness: Training the supervisors about organisational citizenship will help them to look for such traits in the team members and reward them to encourage others to follow. This can be done by adding the OC traits into the appraisal as well. Continuous positive feedback by the supervisor will make more organisational citizen in the team.

• Hiring practices: Though we had learned earlier in the article that the impact of personality on the organisational citizenship behaviours in very low but an outgoing, enthusiastic employee with a positive outlook will be more prone to turn into an organisational citizen. So during the hiring process psychometric testing for such traits must be considered. This is the best stage to look for people who can easily be moulded into organisational citizens.

• Leadership and procedural justice: There must be unit-level organisational citizenship which depends on two variables fairness perception and leadership. An organisational citizen is defined by altruism (helping behaviour) and conscientiousness. Unit level OC is defined by overall OC ratings of the individuals and a unit rating from the supervisor. It is the moral responsibility of the leader towards the success of the organisation as well as the individual success of his subordinates. This gives a feeling of justice to the employees and encourages them to turn into organisational citizens.

At IILM we follow the above points to develop and nurture the organisational citizen in all our staff. Every individual in the institution shows a high degree of traits defined for being an organisational citizen. They go beyond the traditional role definitions or job descriptions. Each member of the team does ‘extra effort’ that is nonetheless essential for the effectiveness of the institution, especially where organisational performance is dependent on the interconnectedness and social networks. Through years IILM has developed its social capital and that translates into its competitive advantage.


1. Law, S. K., Wong, C., & Chen, X. Z. (2005). The construct of organizational citizenship behavior: Should we analyze after we have conceptualized? In D. L. Turnipseed (Ed.), Handbook of organizational citizenship behavior (pp. 47–65). New York: Nova Science Publishers.

2. Organ, D. W. (1988). Organizational Citizenship Behavior – The Good Soldier Syndrome. (1st ed.). Lexington, Massachusetts/Toronto: HD.C. Heath and Company.

Dr. Anjali Jindal
Assistant Professor, IILM Graduate School of Management
Greater Noida, UP


“Mirror is a reflection of our faces and Art of our Souls”

Art has the ability to change and transform lives, in profound ways. When words fail, we turn to images and symbols to narrate our stories. Through art we can reach out to people with our stories and find a path towards transformation and healing.

As they say there is a lot between the heaven and earth than just dreams. Art therapy has a therapeutic way of rooting the idea of creative expression that fosters healing our soul and leading us towards mental well-being. For years art has been a very communicative way to express our feelings. When we were young we would instinctively use painting, drawing, sketching to communicate and express our emotions, but as we grow, and maturity hits us we often forget the beautiful impact art had on our lives.

Through Art Therapy patients are provided with a safe place where they can explore not very pleasant feelings like fear, anger, aggression, unfulfilled expectations. Feelings that they would otherwise avoid to talk about. Rightly said “Art speaks where words end.”  The field of Art and artistic people has always intrigued me. It feels like artistic people see life through a very different lens. They have immense waves of creativity within and so they life seems so sorted and calm. I wonder how various forms of art give them so much of peace. I guess the only reason why their life is so peaceful is that it’s not humans, but a form of art that is communicated as a Peacemaker and Healer adding the Art Therapy to experience the solace within.

Going back to Ancient history, art has been one of the oldest ways to communicate through wall carvings, sculptures, and paintings right from the Indus valley civilization. It is seen that when a person is unable to speak about his pain, they resort to expressing their feelings through Art.

Healing is totally an internal process which has a lot to do with a sense of positivity and inner strength. Ask an artist and they will enlighten you about the therapeutic impact Art has on them. Art Therapy is a type of expressive therapy that enhances a person’s emotional, mental, physical and spiritual well-being through the process of creativity. By art we mean everything that stirs our consciousness and inner strength to challenge our mind. This is the process where artistic expression helps lots of people to develop positive feelings, solve problems, change attitudes, boost their self-concept and be more content with themselves.

Art is like a life saving jacket in a world that’s growing crazy. Art keeps you grounded in your roots. It has a meditative impact to develop patience in life. We have to make a choice today either “let Art enter your world or you enter into the World of Art.” Choice is yours to discover the artist in you.

Remember friends Art is not a skill, but an expression and it really does not matter if you think you cannot draw or create. It’s an outlook towards life, which can be seen in the form of a new hobby, learning music, anything that keeps you occupied and for which you feel the desire to create time and it’s  so becoming a part of your life in spite of the busy schedules you have as it heals you from all the stress that you’ve been carrying  as a baggage of life.

It’s practically applicable and as a life skill trainer and therapist, I have seen my students experiencing the magic of art therapy in their lives.  A group of IILM students took this initiative to apply this therapy for the first two weeks and shared such positive results in their level of expression, understanding of situations. One common response was that they learnt to respond rather than react in stressful situations.

Art Therapy gives people medium to express their feelings and problems and tread a happier life that is real and serene in nature. Art as a therapy has proved to be a powerful weapon to combat illness and spread well-being. It allows you to be yourself with no Form and that’s the Beauty. So let’s join hands together to inhale positivity and exhale creativity.

To connect on knowing more about the profound value and benefits of art, colors and visualization therapy write to me on

Seeking a Career in Investment Banking

During this COVID-19 erabusinesses are running losses due to lockdown across the globe,people are losing jobs; new opportunities are not being created even companies are cutting jobs to control the cash outflow. The scenario is the same across sectors and countries. In this present scenario when each of us is constantly living in a fear of losing a job it is the time to build some of the key skills to emerge a winner once this lockdown is over and things came back to normalcy. It is the time when one needs to sharpen one’s axe so that when things get normalized one can emerge as winner.

In the present circumstances’ jobs in the field of Finance are relatively safer as one can work from home instead if we compare it with sales jobs especially which involves face to face interaction. Even Finance has various profiles to offer, in this particular blog we will discuss ‘Investment Banking’ as a job profile for an MBA graduate in detail

Investment Banking is a very fascinating job profile for MBA graduates with Finance and Accounting specialization. At first one needs to understand ‘Investment Banks’, they are financial intermediaries that perform complex financial transactions and is mainly involved in the valuation of businesses related activities. Credit Suisse, Barclays Capital, JP Morgan Chase, Goldman Sachs are few of the major investment banks functioning around the world.

Now, coming to investment bankers as they the experts who have in-depth knowledge of current market conditions. The primary role of investment bankers is to advise clients on investments by proper evaluation of risk and return involved in the same. To reach the level of investment banker one need to move in a certain hierarchy as a finance graduate starts his/her career as an analyst with primary responsibility of preparing presentations, setting up conference calls and meetings, etc. With the experience of 3-4 years an analyst moves up in the ladder and reached the position of Associate with the added responsibility of client interaction and managing a team of 4-5 analysts. The next stage in the professional life of an investment banker is the Vice President who is being considered as the expert of the field with the responsibilities like maintaining the client relationship and overlook the operational efficiency at each level of the hierarchy underneath. The ultimate position to reach for an investment banker is to become Managing Director. Managing Director of an investment bank has the responsibility for increasing the business by converting the potential clients.

Investment bankers work on various profiles like Corporate Finance, Mergers and Acquisitions, Capital Market and Sales and Trading. Corporate Finance is the most widespread profile and is a foundation stone for Investment Banking. In this profile one needs to help clients in capital raising, providing recommendations on restructuring, and help to identify the potential sources of funds. Mergers and Acquisitions profile is built around the valuation of businesses and the negotiation of deals. The Capital Market profile requires a thorough understanding of the capital market and its volatility for both the instruments equity and bond. While the profile of Sales and Trading includes transaction responsibilities in equities, currencies, bonds, etc. on behalf of clients.

To be or not to be an Investment Banker one need to evaluate oneself as if one wishes to have a work-life balance then this profile is not for you. As investment banker profile requires a minimum of 100 hours of workweek along with the ability to perform under extreme pressure to meet multiple deadlines. So, before jumping into the profile need to evaluate yourself on the parameters like skillsets required along with your emotional quotient both of them need to be very high to sustain and perform well in life.

Saquib Akhter
PGDM 2019-21

Dr. Kumar Saurabh
Assistant Professor-Finance
IILM Graduate School of Management

Consumerism or Spirituality: Learnings of Kabir Das for Gen-Next

According to a Mckinsey report, the spirituality among the Indians is decreasing while consumerism is on a rise. For the very same reason, India is now known as one of the biggest market places in the world. The things which used to be luxury for our grandparents and parents have now become necessities for us. Also, our parents used to buy things for a lifetime but we buy things for just a few years or even for just months. This kind of shift in temperament is visible in various other studies also as when the whole world is now moving towards contentment we are still on the path of dissatisfaction. On the one hand, when the entire world is moving towards spirituality Indians are tilted towards consumerism.

GDP Growth to Happiness Index 

The world has moved beyond mere economic development to the well-being of individuals. Presently, the growth of a nation is just not reflected in terms of GDP growth figures rather it is being measured in terms of happiness index. Since 2012, the United Nations have also come up with a study on the happiness of people across countries each year to recognize the happiness quotient of people and their well-being in place of economic development only. Since the beginning, India consistently ranked at the lower strata of countries in the world’s happiness ranking. The same story continues even in this year also as according to World Happiness Report 2020, the performance of India is very dismal in terms of ranking on Happiness Index as it ranked at 144 out of total 156 nations much below than the neighboring countries like  Pakistan, Nepal, Bangladesh, and Sri Lanka which are ranked at 66, 92, 107 and 130 respectively.

To be Spiritual Guru

In the World Happiness Report, the main factors considered for the Happiness Index of individuals are the social environment and the ability to make decisions of life.  At present when India is urging to be recognized as the ‘Spiritual Guru’ of the world it is the time when we need to dig out the learnings from our own old and probably forgotten literature to improve our ranking by increasing the well-being of Indians. India, a land of sages has a very rich source of wisdom in the form of religious and philosophical literature. India is a country that had philosophers who themselves have not gone through with any formal schooling and even they don’t know the art of writing but they have given us the mantra for content and satisfying life. Considering Kabir Das, a mystic poet, philosopher and saint of fifteenth-century who himself mentioned as illiterate as in his own words about himself ‘Masi kagad chhuyo nahi, kalam gahyo nahin hath’, he clearly said that he neither touched the paper nor hold the pen in his entire life but have given a wonderful message for a satisfying and happy life.


On consumerism, we can take a lesson from the work of Kabir as ‘Maya mari na man mara, mar mar gaye sharer, asha trushna na mari kah gaye das Kabeer’, the meaning of this verse is very apt that if we go for desires then will never be able to fulfill all instead we will lose ourselves by mere running behind them. Desires are like hallucination and they are never-ending, individuals can keep on fulfilling one the other will keep cropping up the very next moment which leaves us dissatisfied and discontent. So, the lesson which one needs to take that one should always look for needs not for desires because needs are limited which can be fulfilled and can be satisfied while desires are unlimited, and falling prey to your desires is like being in a vicious cycle which has no exit route.

Practice Satisfaction

Furthermore, Kabir also said, “Saain itna deejiye, jaame kutumb samaye. Main bhi bhookha na rahun, sadhu na bhookha jae”, with this he wants to convey that don’t be part of a rat race of earning higher and higher which will keep disturbing you and will not let you be satisfied. The desire for higher earnings will keep you in stress and dissatisfied so instead pray to the almighty for the earnings which are sufficient to meet your needs and to look after the needs of your dependents.

So, if we follow this one simple advice of Kabir to be content and don’t be a victim of our desires then one neither feel dissatisfied by comparing oneself with others nor one feels like losing control on ones’ own life. The aggregate of our feelings of contentment will surely reflect and will have a much-improved ranking on happiness index with the use of learnings of our rich cultural heritage in terms of literature.

Now the biggest question is ‘Which side you want to be?’  To be part of the rat race of consumerism or to follow the path of spirituality, guided by sages for ages. To get more on the subject can approach at


Dr. Kumar Saurabh

Assistant Professor-Finance

IILM Graduate School of Management


Classroom 2.0 – Up and Running at IILM!

In response to the COVID-19 pandemic, the need to work remotely while continuing to successfully deliver is more pressing than ever before. However, Remote accessibility to stakeholders has opened many avenues to multi tasking and enriching vivid experiences through various tools and platforms. While skill updating and online trainings will orient the outcomes towards greater good at lesser cost. This blog will help us understand where we are on this journey and the role of academia to provide the fundamental bedrock on the emerging megatrends leading to Classroom 2.0. B-Schools are leveraging multiple learning channels for their MBA classes and are increasingly focusing on hands-on project-based training and social learning for digital skilling.

In the light of changing trends across Industries, the following three skills have emerged as a focal point of Industries across domains. The top management college including IILM has reinvented the wheel by incorporating the relevant content ,increased collaborations with MOOC’s and project based trainings.

  • Remote Infrastructure
  • Virtual Communications
  • Managing Stakeholders Expectations

Remote Infrastructure: Cloud-native applications to support cloud based AI workloads and AI-powered business models are reducing mean-time-to-respond by less than half. At IILM, students are trained on optimal value of digital technologies that emerges from interconnected and interdependent applications.

Virtual Communications: This includes how companies are dealing with the impact of the disruptive technologies on their talent development strategies. In addition to defining what digital skills are, the Best B-Schools are working hand in hand to train students on these skills and how key skilling metrics are measured. At IILM, the course curriculum is based on “Outcome based Learning” and thus we are leveraging the stakeholders’ contribution in updating the course curriculum.

At IILM, Digital skilling is core to organisations’ strategy:

Digital skilling has become an integral part of organisations’ overall business strategy and organisations are making efforts towards seamless execution of these strategies. At IILM, students are encouraged to build FAQ based fresh content, write blogs. They are trained on affiliate marketing, influencer marketing, building a self brand with a focus on SEO tools and analysis. Google digital garage has now emerged as an authentic source of up skilling.

We believe in building ‘composite’ capabilities:

There is a shift in organisations’ requirement from only technical capabilities to ‘Composite’ capabilities comprising technical skills, professional skills, and domain knowledge. We have an edge on our Learning Development Program where faculties are the torchbearers to the holistic development of professional skills.

Managing Stakeholder Expectations: We believe in 360 degree feedback from our stakeholders. This thrives us to diligently gather the valuable inputs from stakeholders. A change post COVID-19 has revived industries with fastest growing nine digital technology areas including three foundational technologies – Big Data and Analytics (BDA), Cloud Computing, and Cybersecurity – and six advanced technologies – Artificial Intelligence (AI), Internet of Things (IoT), 3D Printing, Robotics, Blockchain, and Immersive Media. To ensure a future ready workforce, we are increasingly collaborating with MOOCs, training providers, other enterprises, and government for both skilling and credentialing.

Dr. Shweta Nanda
Assistant Professor- Marketing