Pros of Taking a Gap Year between School and College

Planning to take a break after high school? Well, a gap year is an option that more and more students are taking up these days. And the announcement that first daughter Malia Obama would be taking a gap year before starting her college last year, has made many students consider about delaying their entry into college. Gap years are a great way to explore the world of possibilities and learn about new things, such as various entrepreneurship courses, international programs, and the like.

Here we have listed the pros of hitting the pause button before entering the undergraduate degree life:

Taking a gap year

Recharges your mind: The final year in school is often exhaustive, thanks to the regular tests, extra-curricular activities, college visits and applications that one has to do during this time. Students experience burn out and entering college with that stress is no fun. A gap year will give your mind and body a much-needed break so that you enter college fully charged to take up new challenges.

undergraduate degree, entrepreneurship courses, iilm

Prepares you for college: Despite all the assumptions that people have regarding ‘gap year’, the fact is that taking a year off between school and college actually helps one learn a lot of new things that would have otherwise not been possible. It gives students the maturity that is required to make the most of the college life. You may gain practical experience in a field that interests you, know about your strengths and interests, which in turn help you selecting a course and college of your choice.

Makes you more flexible: Gap year challenges you in a different way, unlike academic and extracurricular challenges that you have in high school. You may plan a trip to the mountains, indulge in outdoor adventure activities to get the adrenaline flowing. The new challenges will make you more flexible and prepared for transition – a very useful skill in today’s time.

Help gain work experience: Gaining some work experience is also a good option to consider after completing school. It will not only help you save money for college but also gain professional experience and a clarity on what you actually wish to study in college.

IILM UBS Three Week Global Study Programme – ISM Stuttgart, Germany

Going beyond boundaries…
IILM Undergraduate Business School’s Three Week Global Study Programme

Wherever you go becomes a part of you somehow”- Anonymous

To be a globally responsible leader, you need firsthand experience learning about cultures, organizations, and business practices around the world. IILM Undergraduate Business School’s International exposure is designed to strengthen students knowledge, skills, attitudes and experience to create economic and social value wherever they go.

The three weeks global study programme helps students examine diverse aspects of interacting with other cultures and innovative methods of learning. This global study programme is an integral part of the academic program, and helps students progress toward completing their degree, while helping them define their view of the world. Our students are entrepreneurial, confident, socially driven and capable of fulfilling leadership roles in a global context.
This academic year our students were taken to the following universities for this programme :

• International School of Management , Germany – Stuttgart Campus
• International School of Management , Germany – Dortmund Campus
• Seneca College , Canada

Global Study Programme

Summer at International School of Management , Germany- Stuttgart Campus

Stuttgart and its surrounding area from one of the largest commercial capitals in Europe. The campus is just a few minutes on foot from south of the city centre and is easy to reach using public transport. Ms. Vanessa Schmidt Garaj , International Officer at ISM Stuttgart campus coordinated the entire programme and ensured the transition was smooth for the students and faculty. She was one stop guide for all queries pertaining to academics , German culture , places and society.

Students studied two modules- Strategic Management and Entrepreneurship and Innovation. Strategic Management was delivered by Professor Björn Röeber and Professor Qeis Kamran delivered Entrepreneurship and Innovation. The teaching methodology included lectures and case discussions. Both professors were highly interactive. They engaged the students through group discussions on the various cases.

Global Study Programme

Students also had the opportunity to visit three Companies. Students visited Porsche Museum, Bosch and Daimler. It is noteworthy to mention that the Germany is renowned for its automobile industry and students were enthralled to visit the headquarters of the automobile giants.

Overall, the students enjoyed their experience learning about the Germany Education system, exploring opportunities for business and discovering new ideas which they can implement back home.

Global Study Programme

10 Lessons From My Time At IILM

It has been a long journey – from being accepted into one of the top business schools in India to taking flight into the world of corporate administration. My time at IILM, however, has been worth every moment.

Today as I sit down to compile the top 10 takeaways, the most important lessons I have garnered from my time at IILM, I realize that these are not merely components of entrepreneurship courses but are life lessons that I shall carry with me.

Follow your passion:

Leadership is the ability to share your vision, your enthusiasm for your team, guiding it to success. It is only when you are passionate about your own goals can you hope to inspire others; and only with this dedication to your dreams can you leave a lasting impact.

top business schools in India

People are precious:

 One of the greatest lessons I learned at IILM is that it is people that we work for and work with. Placing the people ahead of our goals and challenges will make work a very fulfilling experience and the success worthwhile.

You can make a difference:

One single person, a lone voice, one revolutionary idea, a moment of brilliance – that’s all it takes to change the way things have always been. Being different is a result of courage, though. Cultivate that courage.

Step out of your comfort zone:

Staying with our feet firmly planted on the ground may sound practical but that is not the way to achieve any breakthroughs. Only aiming high, taking risks, pushing ourselves to go beyond your comfort zone, and trying creative solutions to challenges shall help us achieve the success we seek.

Great execution is as important as a great idea:

 Working on creative solutions, customizing products and processes, breakthrough ideas – none of them are worth much unless we dedicate ourselves to flawless execution. Focus and pay attention to details.

Seek diversity:

 Birds of a feather may flock together but it is only diversity that will provide a team, an organization with the skill sets that are required to get a rounded perspective of any situation and to work on an effective solution to any challenge.

Work on your empathy:

At business school, there is a great deal of emphasis on developing soft skills. At IILM, however, we learned to take people-centric management further by working on our empathy factor. This alone will give us a win-win outlook.

Never stop learning:

This in itself is the greatest learning. Make “Stay Foolish, Stay Hungry” your mantra but also stay open to learning that comes from unexpected quarters. Knowledge is not a function of qualification or even experience. Appreciate the critic and the skeptic for their ability to show you your weaknesses.

Take nothing for granted:

 Getting caught up in the dynamics of the corporate world, in our work, in designing and sustaining creative enterprises, we often overlook the need to be prepared for exigencies. Effective handling of crisis situations is just as important as administering business solutions.

Think big:

Through my time at IILM, my mentors and peers helped me look at the larger picture. Clichéd as it may sound, our business enterprises must fit into the global scheme of development. Thinking big alone will help us achieve phenomenal success.

5 Insights From My First Year At IILM

Business school – a long cherished dream for many. When I received my acceptance letter from IILM, nearly a year ago, it was with a bit of trepidation and a lot of anticipation that I packed my bags. The learning would be deeply insightful and the experience very different from undergraduate college, I was told.

To be accepted into one of the top B schools in India is an honor and boy, was I ready to take it on!

Now that I have completed a year here, I think it is time to go back and reflect, to understand and assimilate the insights I have gathered over the past few months.

Defining my role:

The first thing that you expect to learn in a business school is how an organization, a business enterprise functions and your role in it. The numerous case studies we tackled, the interactions with pioneering entrepreneurs from across the country, however, taught me to define my role. Not merely in an organization but as a contributor to my immediate environment, to my society, and to the global community at large. “Am I making a difference?” This is the parameter that I shall now evaluate my actions by.

undergraduate college, IILM, top B schools in India, Best collage for MBA in Delhi

From management to collaboration: 

As we stepped into IILM, teeming with our understanding of “management”, notions we had picked up at our undergraduate colleges, unlearning became as important as learning. Understanding the significant role of the collaborative approach in entrepreneurship and business development was an eye-opener. ‘Collaboration’ holds many connotations. It could mean something as simple as team building or something as diverse as bringing together people from across the globe on a common mission.

Address the people:

It is quite easy to get caught up in the mechanics of it all, to lose perspective and above all to ignore the human element. Every solution we design, every demand we meet; every enterprise is ultimately the answer to a human need. This is one key learning that has been emphasized at every step through this year at IILM. And when we speak of the human element, the focus certainly has to be on empathy. Be it a vendor, a stakeholder, a team member, or a client – empathy holds the answer.

Passion for Purpose:

They say how we feel is a true indicator of what is to come into our experience. Even without devolving into the metaphysical, I can state with certainty that my first year in IILM has taught me that we find our purpose only through our passion. It is this very passion for excellence that distinguishes an exemplary leader from a mediocre one.

Problem-solving through focus:

Common sense is uncommon, they say. Persistence, attention to detail, focus, and common sense are the real tools that I have learned to work with, in this yearlong endeavor to design efficient solutions for businesses and communities across the globe.

Armed with these wonderful insights I step into another semester at IILM, eager and hungry to learn more and be better each day.

My Global Study Tour at ISM, Germany

My Global Study Tour at ISM, Germany
By – SurbhiDhasmana

IILM Undergraduate Business School offers a view and experience of a big World beyond the Horizon. To be in sync, with the Global vision of providing Economy with Responsible Entrepreneurs in today’s time. IILM gives the first-hand experience about multi-lingual cultures, organizations, and business practices around the world. All this encapsulated in a mandatory 3 weeks Global Study Program at Germany or Canada or Finland, to choose from.

Global Study Programs are also designed to strengthen student’s knowledge, skills and attitudes to create economic and social wealth everywhere. Giving a sense of living in harmony with the environment and becoming self-reliant in the known and unknown circumstances.

One of the options under Global Study Program offered to the students is in association with International School of Management (ISM), Dortmund, Germany.

On the 6th of August 2017, 35 students along with two faculty members, from both Lodhi Road and Gurgaon Campus boarded Lufthansa flight for Frankfurt, Germany to reach ISM. Modules taught consisted of “Advance Strategic Management” and “Entrepreneurship and Innovation”. Each set of Module is designed keeping in mind the fundamental importance of business learning. IILM students are required go through a well-planned and structured format of the conduction of the modules as per ISM curriculum. The teaching methodology applied during the program takes place in the shape of Interactive Classroom Teaching, Numerous Presentations, Harvard Case Study Sessions and much more. The icing on the cake was when Professor Kamran was happy with the students that he provided an additional teaching class on the subject “Design Thinking” which is certainly the next big thing in the industry.

This three weeks program was a blend of high standard teaching, Industrial visits to DASA and WILO, and Cultural interaction. Prof. Qeis Kamran is a person with vivid knowledge and vast experience, teaching students about What could be there rather than What is there. Our student Coordinator, Jana Dargel from ISM was kind enough to make our stay comfortable.

German Culture is about People being hard working, sincere, honest and punctual. They are very helpful, warm and welcoming to the visitors to their Country. During the week ends and spare time, we traveled across Europe. People we came across were very helpful, even when they didn’t know the way they used their Google Map to guide us. Some of the places the students planned and visited on their own, included Berlin, Paris, Praha, Zurich, Amsterdam, Brussels and Spain. It was overall Personal as well as Social skills development 3 weeks program.

To Conclude I would say;

Thank you IILM for giving me this golden opportunity to learn and experience the world beyond IILM campus and across the Continents. Global Studies by far has been one of my most delightful experiences. From cross-cultural diversity to different business trends and challenges, I learned an essential side of business studies. Faculty and Friends – they all made my Global Study Tour worth cherishing for life.

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PREPARING FOR PRESENTATION

 

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PRESENTATION GIVEN BY STUDENTS

 

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CITY TOUR OF DORTMUND

 

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(Left) : STUDENTS WAITING FOR BUS TO ISM | (Right) : TEACHING AT ISM BY PROF. KAMARAN

 

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PARIS FROM ABOVE EFFIFEL TOWER

 

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COMPANY VISIT TO DASA

 

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COMPANY VISIT TO WILO

 

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COMPANY VISIT TO WILO

 

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PROF. KAMRAN

 

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POST OPENING CEREMONY AT ISM

 

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COMPANY VISIT TO DASA

 

BBA Stage1 and 2 Students Visit Yakult Manufacturing Unit, Sonipat

Students of BBA batch visited Yakult Danone India Pvt Ltd on 5th December 2017 along with Prof Anindita Chatterjee. Yakult Danone India Pvt Ltd is a joint venture of Japan and France and company has a global presence in different countries such as China, Brazil, UK, America, Malaysia etc.

Students got useful information about the production process and beneficial bacteria. After presentation Yakult milk-drink was offered to students for taste. Once the presentation is finished, there was a question-answer session in which students asked various questions about testing, quality control, safety, micro bacteria etc. There after students went for factory visit and layout and production process was explained by operations executive in a detailed manner. The visit ended with a group photograph and vote of thanks.

The visit was very productive for the students as it brought new insight about the usage of bacteria, production process, automation and quality control. Students were mesmerized to see the state of the art infrastructure and maintenance of hygiene in the company. At last vote of thanks was given by the students for the nice hospitality shown by the management of the company.

The students were shown a presentation on the inception of Yakult, the benefits of Yakult Probiotic along with a round of the manufacturing unit.

The students enjoyed the visit immensely, and were presented with goodies from yakult.

Art of Management

Management is a subject that defines practical knowledge of lifestyles and mannerism to develop a business on strict terms and procedures. on the contrary, poetry is an expression of my views, perceptions and feelings conveyed through words of wisdom.

management is itself an art, an art defining self-development goals.

management and poetry are two ends of the same rope. for me, one is to enhance my knowledge and personality with an exposure to varied fields and concepts while the other end leads me to a more relaxed version of myself wherein I am composed, idealistic, imaginative and innovative.

art nurtures my soul and strengthens my aspirations through different goals of management“.

Time is a journey,
Of joys n sorrows.
Moments become a memory,
lightning the path for tomorrow.
Tomorrow, is unknown
for the facts we own.
Time is a measure,
discovering self creations.
Through ways of leisure,
forming insecure upgradations.
Upgradation is a necessity,
for our lively vicinity.
Time is a treasure,
for lonely admirers.
Business is plushy pressure,
discovered through real mirrors.
Mirror, an unbiased cage,
defining our complete image.
Time is a story,
furnished in a short memory.
fore-gone is history.
Followed by, is a mystery!
Mystery, is a heavenly gesture
personifying a lifetime adventure.”

____ Vaishali Kanodia (PGDM Batch : 2017-19)

Last Minute preparation tips for CAT 2023

Since CAT exam is near, there are some important tips I would like to share.

Mocks – Taking a CAT Mock test every day won’t help much, at this point. Instead, focus on the areas that you’ve already covered, take three to four exams over the next two weeks but, most importantly, revise all the MOCKs that you have taken so far, and learn from them.

Speed & Accuracy – Your performance in the upcoming CAT 2017 is highly dependent on what you have prepared and how good your command is over the topics you consider to be your strengths. Here is a clear pacing strategy that will help you time the test better.
Verbal: Maximum eight minutes for reading a passage and 90 seconds to answer each question based on that passage
Quant: two minutes per question
Logic: Six to eight minutes for a set of four questions
Data Interpretation: six to eight minutes for a set of four questions

Focus on important topics – One should focus on important topics which will fetch more marks. The most important areas of each section are as follows –
QA: Focus on Geometry, Modern Mathematics and Arithmetic problems
VARC: Practice Reading Comprehension as much as you possibly can with a slight focus on Jumble and Completion type questions
LR: Arrangement based puzzles, Investment Betting and Tournaments
DI: Logic and calculation based DI sets are important.

Last but not the least is confidence. One should be extremely confident during the exam. At no point should the person panic. Try to give 100% during the exam.

Celebrating Second Convocation of the SBS Swiss Business School Graduates at IILM, Lodhi Road

IILM, a forerunner of International Undergraduate Programs in India since 1996, achieved another milestone on October 31st 2017. Second Batch of the students pursuing their BBA in Entrepreneurship were conferred their graduate degree of SBS Swiss Business School. It was indeed a proud moment for SBS Swiss Business School, as well as for IILM to see their students, dressed in ceremonial robes, eager to receive the Degree.

The convocation ceremony was held at the Lodhi Road Campus at 3.00 PM. The proceeding started with the arrival of the Chief Guest, Prof Bert Wolfs, Dean, SBS Swiss Business School.

The academic procession comprising the Undergraduate Faculty Members was led by Dr. Daisy Mathur Jain, Dean of the Undergraduate Business School (UBS). Recitation of Saraswati Vandana by the students of Banyan Tree School and lighting of the lamp by Prof. Bert Wolfs, Dr. Shuchi Agrawal (Director UBS), Dr. Jain and Izabela Karanfiloska, (Program Manager, MBA, SBS Swiss Business School) marked the beginning of the event.

Dr. Jain embraced the presence of graduands, parents and guests and delivered her welcome speech.

Dean’s Message to the Students

It is a matter of pleasure and great honour that we have gathered here for the graduation ceremony of the Bachelors of Business Administration (Entrepreneurship) SBS Swiss Business School.  On behalf of IILM Undergraduate Business School, I extend warm greetings and welcome you all to this very solemn and at the same time a joyous and fulfilling occasion.

This day is important for students as well as the Institute.  It is indeed a proud moment for us to see  young  ladies and gentlemen coming  out  with  flying  colours  and all set to  begin  a  new  journey. As   young   graduates,   you   are   about   to   embark   on   your   own extraordinary   journey   and   create your   own   life   adventures. I congratulate you for the hard work that you have put in during these three years. A new chapter is about to begin.  A myriad of new challenges and options are on your horizons. There are several paths that you all must have decided to pursue now after graduation – like starting your own entrepreneurship journey with your fresh ideas, or furthering your family business or pursuing higher education. No matter what path you choose – THINK BIG! That is how you will succeed. I urge you to be focused and serious while trying to achieve your goals. However, in this process don’t make your life too serious. Make it a habit to be happy while you solve all your difficulties in life. This is only the beginning.

Do keep coming to your Alma Mater and share your success stories with us. Congratulations once again.

The Dean took the permission of the Chief Guest to declare the Convocation open. She welcomed and introduced Prof Bert Wolfs- Academic Dean, SBS Swiss Business School. Prof Wolfs is a PhD, MDP (Harvard Graduate School of Education) and a founding member of SBS Swiss Business School and holds the position of the Academic Dean and DBA Program Manager at the Institution. Dr. Wolfs also is a lecturer on SBS educational programs with a special interest in entrepreneurship and e-commerce, and holds the Albert Einstein Peace Award from IAEWP. Furthermore, he is a certified lecturer of Swiss Vocational Education Training (VET) students. Dr. Jain also introduced Izabela Karanfiloska, Program Manager –SBS Swiss Business School.

This was followed by a brief Address by Ms Izabela Karanfiloska who was happy to congratulate all the graduands. She emphasized that the Convocation Day stood as a moment of great pride for the students, and she wished success to all the young graduands.

Director’s Message to the Students

Members of IILM Board of Governors, Distinguished guests, proud parents, colleagues and dear graduating students.

On behalf of the IILM fraternity, I extend a very warm welcome to each one of you on the annual convocation for the Class of 2017. With pleasure I want to share that the year 2017 marks the 25th year of our legacy in education.

Our undergraduate program aims at inspiring students to be innovative in their thoughts and actions and to grow as entrepreneurs. Today India is brimming with ideas and energy.     At IILM, we do our best to energize this new generation so that our country can reach new heights of greatness.

Dear Students today marks the culmination of an enriching journey by you and also the beginning of a new, fascinating one. All of you have gathered here on this special occasion   but I see a lot of missing faces. Do you know why? I am proud to share that

30 of your batch-mates that is one third of the batch has got admission in various universities abroad for pursuing Masters. This is indeed a big achievement. Ashna Gupta is in University of Warwick, UK, Shrey Bharadwaj University of Leeds UK, Kunal Chugh in RMIT Australia, Krishan Katyal in Grenoble Graduate School of Business, France to name a few.

Many of you have started your own entrepreneurial venture.  Bhavaya has started Built Natural- Recycling plastic to make T- Shirts.- Tejas who is currently in University of Bristol UK  has created an app ‘Madfad’, Piyush Popli is working on bio-gas plant. Vishesh Jhalani on jewellery e-commerce site and Pranav Agarwal has started his own venture ECHO. Others have gone back to their family business and bringing in innovation there. We are indeed proud of you all.

IILM through various initiatives like Entrepreneurial Development Centre, Annual Higher Education summit, Centre for Excellence for family business and specialized mentoring is helping and guiding students to realize their aspirations and dreams.

I would now like to briefly highlight some of IILM’s major achievements during the last year.

I am proud to inform that in the EdUniversal rankings of best business schools in India, IILM has been ranked 10 in 3 Palmes of Excellence category for 2017. Headquartered in Paris, Eduniversal is a global ranking and rating agency specializing in higher education.

I am also proud to inform that IILM has been accorded the prestigious SAQS Reaccreditation by AMDISA for a period of 5 years. SAQS is an international system for quality assurance and accreditation, an EFMD supported initiative in South Asia. Only 15 Business schools in India have received this accreditation.

 IILM is a member of the United Nations Global Compact Initiative – “PRME”, and has earned the coveted ‘Champion business school’ status. This year in July during the Global Forum in New York, PRME launched the India Chapter. IILM is a Co-lead along with Indian Institute of Management, Bangalore and S.P.Jain Institute of Management & Research, Mumbai. This is indeed a great honour for us.

Our Gurgaon campus has applied for University status and I am happy to share that we are in the final stages of the process and very likely to get it soon. The university will focus on liberal education having schools in liberal arts, Management, Design, Technology and Innovation.

This year  as part of the IILM Global study program   our undergraduate students attended 3 week programs at Seneca college Canada and ISM  Germany where they studied modules on strategic management , Entrepreneurship  and innovation .The program also included visits to companies such as Porsche, Mercedez Benz ,Google, IBM and Bosch. The students found the experience very enriching. In the coming years we will continue to strengthen this initiative.

Our undergraduate program focuses on providing experiential learning to our students along with the regular management courses. We have introduced innovation weeks, held three times a year, with a special focus on social innovation. Courses like entrepreneurial case studies, family business management, small business field studies and regular  company visits help to inculcate in our students the skills required in today’s world.

Now to today’s event:

Dear Students, today you come to the end of a journey which you had started 3 years back!   I am sure you will miss the rush to reach the class on time, the assignments to be submitted, not to forget the thesis and number of reworks it required. Well you all did a commendable work and Shubham Gupta and Saachi Narang’s thesis has been published in SBS Journal of Applied Business Research. I would like to congratulate you .It is your hard work that brought you to this finishing line. I know this is a big day and you will enjoy and remember it. I would also like to congratulate the parents and families of the graduates. Your support to them was essential to what they have achieved. So it is your moment too to enjoy and remember.

Today you are set to embark on a new journey, a journey full of challenges and opportunities.  You should be willing to take on the challenges and capitalize on every opportunity that comes your way. Draw inspiration from the famous lines by Steve Jobs “Don’t let the noise of others opinions drown out your own inner voice.” So be honest, be bold and believe in yourself and the world will be at your feet.

Once again Congratulations, Class of 2017. We are so very proud of you. Enjoy this momentous day and, as you go out into the world, please keep us in your hearts. You will be in ours.

Prof Bert Wolf’s Message to the Students

 

Prof wolfs delivering his congratulatroy address to the fresh graduates

Prof  Wolf’s delivering his congratulatory address to the fresh graduates

 

Respected members of IILM, dear ladies and gentlemen, dear parents, dear honourable guests….

Dear Students, Congratulations to the Class of 2017, you have made it!

Usually the Dean has to speak for hours, but the students are not actually interested any more in what the Dean will say. So, I will do my best to keep it short and simple.

It is an honourable day and a respectful day for you. It is definitely a day to remember. You belong now to the small part of the population worldwide which possesses the Bachelor’s Degree, a Bachelor’s Degree in Entrepreneurship. You have learnt how to manage risks, you know how to think risks, and how to diversify your risks. As your parents and grand-parents have always told you, don’t put all the eggs in the same basket!

Now, life is simple. Life often asks three kinds of questions- the first question that people usually ask is, “Where do you have your degree from? Do you have a degree?” As of today, you are in the possession of a well-respected degree. The second question people ask you is, “Which language do you speak?” You definitely must say that you have mastered the language of entrepreneurship today. Besides that, I encourage you to learn more languages. Language is an ice-breaker. Learn in twenty languages how to say “hello” and how to say “thank you”. The world doesn’t end in India. The world is broader than India. So, if you can break the ice with other people and other cultures, it’s always appreciated. And the third question they ask you in life is, “Who do you know? Don’t say you know me! Who do you know?” So, continue to expand your network, continue to interact with your professors and continue to interact with your classmates. But, also look and know who the alumni of last year are? And you may know that we have alumni all over the world. So, try to connect with these people because there are whole lot of opportunities for you. I wish you good luck with that.

I also would like to thank the administration of the Institution for their outstanding task which they have done this year and the previous year. We are proud to be associated with you. And also, dear Graduates, you should thank your faculty. Dhanyawaad (thank you)!

Dr. Jain then presented the candidates from IILM Undergraduate Business School to be admitted to the Degree of Bachelors of Business Administration in Entrepreneurship, announcing the names in alphabetical order.

The Degree was handed over to one hundred and eleven qualifying graduates by the Chief Guest, and the candidates who could not receive the Degree in person were conferred the Degree in Absentia.

The Chairperson, Mrs. Malvika Rai was requested to give away medals and certificates to the meritorious students as follows:

Dr. Kulwant Rai Gold Medal for securing First Position in Academics was awarded to Shubham Gupta.

Dr. Kulwant Rai Silver Medal for securing Second Position in Academics was awarded to Nikunj Agarwal.

Awardees of the Special Prize for the Best Thesis Saachi Narang and Tejas Kumar. The Award was conferred upon Tejas Kumar in absentia.

Mrs. Malvika Rai, Chairperson IILM, conferring Dr. Kulwant Rai Gold Medal on Shubham Gupta for Academic Excellence

In the end, the Dean, IILM UBS sought permission from the Dean, SBS Swiss Business School and declared the ceremony closed. Then audience then rose for the National Anthem after which the Academic Procession and the fresh graduates assembled for group photographs.

All Graduates, parents and other invitees were welcomed to partake of high tea, during which the Management, the Director, the Dean and all the Faculty Members interacted with one another and shared their happiness and best wishes.

 

 

 

 

Hr Conference On Organizational Execellence Through The Power Of Human Capital

IILM INSTITUTE FOR BUSINESS & MANAGEMENT
HR CONFERENCE ON
ORGANIZATIONAL EXECELLENCE THROUGH THE POWER OF HUMAN CAPITAL

Date – 7th October 2017

The competitive environment of the 21 century where most competition is global and innovation is the need of the hour, change becomes the core competency of any organization Human Capital can play an important role in helping organizations achieve change. Human Resource has always been central to organization. Today, it has taken on an even more central role in building a firm’s competitive advantage. The dynamics of change becomes one of the central facets of any business where the role, function and process of Human Resource must be redefined in the context of change. Human Resource Strategies and practices explain how to manage the transition smoothly, rapidly and successfully and make the organisation competitive and reach excellence. For every organization, human resources (HR) are like their treasured assets. In order to faster the employee performances, efforts should be directed to treat them carefully and effectively. Every entity wants to attract and retain talented employees to work for them at top levels. Hence, it is very difficult to achieve organizational objectives without managing human resources effectively.

The International Conference oriented to highlight the importance of human resource management for every organization be it government or private. There is no doubt that the conference has brought out the essence of the theme “Organizational Excellence through the power of human capital” in all its aspects and that too in a brilliant manner. The theme is so relevant in today’s context especially when HR as a function is facing lot of challenges and transition.

There was a time when employee management was once referred as workforce management, and then transformed to Personnel Management. Later the same transformed into human resource management and then Human Capital. And now it is Talent Management. In some organization HR is referred as Business partner and that is more strategic in nature. No doubt, HR has now become more dynamic and crucial to the success of the organization in creating excellence. And increasingly the organizations have started realizing that any mistake on this could be a costly one.
We had many leaders from different industry giving their views and perspective on the dynamics of HR. It is very interesting to note that these views came from multiple industry right from an Aircraft manufacturing company, Consulting, Insurance, Consumer durables and to Software

IILM Institute for Business and Management,Gurgaon organised an International HR conference on the topic:“Organizational Excellence through the Power of Human Capital” on 7th October 2017.

The day of conference began with all zeal and extol by lighting the lamp in the presence of our esteemed guest, Dr. Aquil Busrai, Mr, Anshu, Mr. V.P.Singh, participants from the corporate and academic sectors along with the IILM members.

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Dr.Sujata Sahi lighting the lamp

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Dr. Aquil Busrai lighting the lamp.

Conference started with the welcome speech given by Dr.P. Mala Rvizhi, Director Academics, IILM. She extended her warm welcome towards all the respected speakers of the conference with all fervour of gratitude and gaiety.
Starting with the conference topic “Organizational Excellence through the Power of Human Capital”, Dr. Pinky Goswami briefed the objective of the conference and gave a brief recapitulation of the HR Conference of 2016. In her speech, she stressed on giving importance to the concept of collective intelligence in order to bring about organizational excellence. She also remarked the need to cultivate a strong sense of team spirit, wherein each member will complement each other for organizational success.

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Dr. Pinky Goswami addressing the audience

Keynote Speaker:

Dr. Aquil Busrai, our esteemed Key note speaker – A man with exceptional knowledge about Human Resource and having an array of experience serving in the field of HR for more than 4 decades.Today, Mr Busrai owns his own consulting firm named “Aquil Busrai Consulting”. Mr. Busrai keeping his view point stated “Improvise-Adapt-Adopt” and deal with status quo of technology advancement, keeping hands on now HR people recharge the human capital for organisation.

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Plenary session: Leading the conference ahead plenary session begins.

Mr. Paramjit Singh Lamba, AVP HR, Orient Craft Pvt. Ltd. addressed the audience in the Plenary Session about the skill sets required for the future. He discussed about work life in future in which he told about the attributes which a company would be looking in a candidate in the future including social intelligence, new media literacy, etc. He also told how the export sector is the most affected sector by recent government reforms.

Mr. Dhananjay Singh, Director General NHRDN putting his view point said that focussing on Investing in good habits and ability to work in a team is all about organizational excellence through human capital.

Mr. V.P.Singh, Advisor OD Patanjali Ayurveda Ltd , Human capital leader with proven credentials for building process driven, people centric & customer focused organisations continued the session and said that “Fanatic discipline; Monomaniacal Creativity that is empirical and Productive Paranoia are required to be great”.

Mr. Ashutosh Anshu, General Manager, Head HR, Hitachi India addressed the session and enlightened the young PGDM students with his viewpoint. He said, “You can’t do today with yesterday’s methods and be in business tomorrow”. He also spoke about how to adopt today’s changes into our everyday lives. He stressed on the point of “ASK”, Attitude, Knowledge and Skill.

Session 1: Raising the Bar of Human Resources Management

Dr. Saima Rizvi, session moderator for the session welcomed the entire respected HR professional and talked about how Humana Resources Management is raising its bar from traditional shift to Strategic shift in the modern age.

Speakers of the Session were:

Ms. Ruma Batheja: Head Human Resource Knowledgetics and she talked about “Raising the bar through Inno-Create People Management Skills; Collaborating Humanity and Technology; Emotional and Organizational wellbeing.”

Mr. Gautam Rao: AVP Max Life stated”Four pillars required to raise the HR bar

1. Build Talent Pipeline and Capability
2. Enhance Business Performance
3. Innovate HR Excellence
4. Inspire Engagement”.

Corporate Paper presenter: Ms Shefali Bahi shah, Head HR Exicom presented a paper on “Impact of Organizational competencies on organizational performances in manufacturing industry”

Student Speakers: Sefali Mittal (PG 2017-2019, IILM Gurgaon) spoke on the changes in HR from the traditional world to the world of the Millennial. Ms. Ruchi Singh (PG 2016-2018, IILM Gurgaon) spoke on how technology becomes a boon to the world of HR.

Session two: Redesigning workforce for 21st Century Manager

Dr Vidhisa Vyas, session moderator for the session briefed the session explaining the need and redesigning demand for the workforce and work culture in 21st century

The session picked up steam with the topic 21st century manager Ms. Divya Jain, Director Grant Thornton talked about the Workplace for the Human Age. She said today’s workforce is even more powerful than their company itself. They decide the fate of the company and are very keen on learning. Hence, the most required thing in today’s era is an open and honest feedback which can lead to the betterment of the workforce which in turn can increase the output.

Ms. Anju Sabhrawal, Founder and CEO, People Bridges talked about Well-developed and embedded cultures that are the key to redesigning the workforce.

Mr. Ajay Mehra, Managing Director in South Asia of Airbus. He expressed how we first need to identify ourselves and then other employees as an HR manager. First we need to follow and then only implement the rules. He also talked about the sustained expansion of the service industry in today’s era.

Paper Presenter: Ms.Monika, Junior Research fellow from Jamia Millia Islamia presented a research paper on workplace spirituality and its impact on workforce. She emphasized how employee satisfaction is more important than consumer satisfaction.

Student Speaker: Charu Goswami (PG 2016-2018, IILM Gurgaon) talked about how vision leads the company. Whatever is the employees’ vision about his life is sufficient to judge his role in the company.
International student Paper Presentation: Neil from Sweden said, “Human Resources is the most important in India as here there are too many people involved as opposed to developed lands where more machines are involved”.

Session 3: Managing People Performance through HR Analytics

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Organising Team

This session focused on people performance through analytics that is so critical in today’s competitive job market with Dr. Sona moderating the session.

Mr. Deepak explained how we are between a cusp of technology and globalization and in the middle is HR. He also said whatever was difficult for the computer to understand has been made easy by humans through emotions. Hence, it is important to understand the needs and sentiments of the employees for better performances.
Mr. Gaurav Bakshi, Co-Founder and Managing Partner explained how predictive analytics in HR is the need of the hour today. He said future skills, future needs are to be anticipated by the HR keeping in mind both inside and outside factors.

Similar views were expressed by Ms. Malabika Bose, HR Head, Blackberry. She shared a quote relating to whatever gets measured gets managed and whatever gets managed gets executed. She also gave insight about the three stages of HR analytics namely predicting, analysis and reporting.
Ms. Prerna spoke about the transparency needed in the culture of the company which can only be brought by the HR.Towards the end, Mr. Siddharth Dutta a first year PGDM student presented a paper in which he focused on the Maslow’s theory in the Indian Context.

We, at IILM consciously make an effort to bring the industry and academia together, through such conferences and we will continue to strive for the same in future. On the behalf of IILM gurgaon, Prof Siva Ram Krishna delivered the vote of thanks to all the privileged guests, corporate jargons and students of IILM for their contribution in making the conference all a grand success.

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Organising Team

Conference Patron: Dr. Sujata Shahi
Conference Chair : Dr. Pinky Goswami
Conference Scientific Committee: Dr. P.Mala and Dr. Saima
Student Core Committee Members:
PG1: Shefali Mittal, Massom Garg, Nayan Saluja, Megha Mathur, Manan Porwal,Rishabh, Chirag, Alisha Suraj Gulati, Ketan Patwari, Harshit, Aman Godaria,Venika
Social Media Team : Ruchi Singh,Sunit Raj, Harbind Singh, Priya Gupta (PG 2016-2018)
Report Compiled By : Dr. Pinky Goswami, Prof. Rachna Madaan, Ms. Manya and Ruchi Singh (PG 2016-2018).