TAPMI Newsletter April/ May- 2013

TAPMI

Newsletter Volume: 02 Issue: 04 - 05 April - May 2013

Our Mission...

"We are committed to excellence in post graduate management education, research and practice by nurturing and developing global wealth creators and leaders.

We shall continually benchmark ourselves against the best-in-class institutions. We shall foster continuous learning and reflection, achievement-orientation, creative interdependence, and respect for diversity with a holistic concern for ethics, environment and society"

T. A. Pai Management Institute, popularly known as TAPMI, Manipal has earned initial accreditation of its postgraduate programs by recent decision of the Board of Directors of AACSB International.

(The Association to Advance Collegiate Schools of Business-International). AACSB International is the longest serving global accrediting body for business schools that offer bachelors, masters, and doctorate degrees in business and accounting. TAPMI joins an elite group of institutions that have achieved business accreditation from AACSB International. TAPMI is the first AICTE approved B-School and Second in India to achieve this distinguished hallmark of excellence in management education. World over, Less than 5% have earned this distinguished hallmark of excellence in management education.

WHAT IS AACSB-INTERNATIONAL? Association to Advance Collegiate Schools of Business (AACSB) is the oldest and toughest accreditation organisation in the world.

Headquartered at Tampa, Florida, US, the organisation has been in existence since 1916. Initially an essentially American accreditation organisation, AACSB expanded its operations during late 20th century to both enable the spread of the best practices of management education globally and to facilitate global tie ups among business schools. (Please visit www.aacsb.edu).

CRISIL awarded A*** under B-School grading at national and Karnataka State level to TAPMI in 2011.

Editorial Team Publications Committee

MIRC (Student) Committee

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27 ANNUAL CONVOCATION Batch 2011-13

The 27th Annual Convocation Ceremony of the PGDM / Healthcare Management Batch 2011-13 was held at Manipal on March 30. The Chief Guest for the ceremony was Shri. R C Bhargava, Chairman, Maruti Suzuki India Ltd. The graduating students, Chief Guest, Parents, Members of Governing Council, Press, Invitees and Faculty were welcomed by Prof.

Vinod Madhavan followed by a prayer. Dr. H S Ballal, Member of TAPMI Trust and Governing Council, declared the 27th Annual Convocation open and extended a floral welcome to the chief guest. The Director of TAPMI, Dr. R C Natarajan then briefed about the achievements and activities during academic year 2012-13 at TAPMI. The Convocation saw a total of 239 bright students passing from TAPMI. Out of these, 227 belonged to PGDM Batch and 12 to the PGDM-HCM (Healthcare Management). The individual students were then called upon the dais to collect their Diplomas in Management from dignitaries. After this ceremony, the graduating students pledged the professional oath administered by Dr. R C Natarajan, Director, TAPMI. .

This was followed by the presentation of awards to the meritorious students of the passing batch 2011-13. The Awards given were as follows: PGDM - Merit Awards Mr. Goutham K S - 1st Rank Ms. Harsha Vatnani - 2nd Rank Mr. Nikhil A Baid - 3rd Rank

TAPMI Achiever of the Year Award Ms. Esha Gupta TITAN of the Year (cash prize of `1.00 lac)

Ms. Mythreyi S

PGDM - HC - Merit Awards Ms. Madhurima Sarkar - 1st Rank

Dr. Ranjan Acharya Award (highest scorer in Marketing Area)

Smt. Gangamma Ammannaya Award (given to two best lady students in Marketing and Finance from the batch)

Mr. Ashutosh Anand

Ms. Shruti Garg - Marketing Ms. Vandna Soni - Finance

Dr. A. S. Iyer Memorial Award (Best student in Finance)

Mr. Goutham K. S. Dr. S. Dandapani Prize Mr. Goutham K S

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The 27th Convocation address was delivered by Shri R.C Bhargava, Chairman, Maruti Suzuki India Ltd. He started with congratulating the students and spoke on the founder late Shri T. A. Pai. His major focus was on how the new graduates should plan to go further in their career. He continued by sharing his own career experiences and changes that he has seen in the past 5 decades. His shared his growth story from being an IAS officer to become the Chairman of Maruti and about his educational experience while pursuing Masters in Developmental Economics from Williams College U.S. He took an unpredictable path and chose to join Maruti, his selection of not being a District Commissioner while in IAS and moving to the Corporate world. He spoke on how to plan for future, and emphasized on doing the task at present to the best of one's ability to achieve success in life. As he had no preconceived idea of responsibilities of an IAS officer it helped him to think with an open mind while keeping on learning continuously.

He spoke on Kaizen and continuous improvements along with the ability to sustain it, and how Maruti stood tall even when it faced competition from Hindustan Motors and others. Mr Bhargava spoke on recognizing the failures to improve the present condition of business and how adoption of ethical standards from the beginning ensures a longer sustenance. He spoke on the ability of management to motivate workers and make them committed, which played a key role in Maruti's success. He shared how while formulating policies, Maruti thought from the workers' point of view and how wealth was distributed. He spoke on the drawbacks of the theory that high salary means higher productivity, which is not the right parameter.

Mr. Bhargava spoke on the decision of his joining the agricultural administration and later the power sector and how his lack of knowledge about these areas forced him to put more effort in learning about these sectors. He shared his experience from 1983 when Maruti had to formulate an SOP for the shop floors for which they were associated with the Suzuki engineers. Before this association, Maruti had a notion that their previous plan regarding the SOP was perfect but suggestions from Suzuki to implement Kaizen in their processes made them realize their weak spots. Hence, to learn from others, one has to be humble and devoid of feeling of superiority.

His last part of the speech was based on the improvement of the social structure of the society by tapping the resources of rural India. “As Service Sector is facing a steep decline, GDP can't be solely relied on the performance of services; hence manufacturing sector has to take the lead if India wants to stay on the path of progress”. Also, since manufacturing sector does not pay at par with services and financial sectors, to overcome this, Education has to be made cheaper while maintaining the quality. Shri Bhargava concluded by stating that India needs to use technology if poverty and corruption have to be eradicated.

The convocation concluded with the vote of thanks proposed by Prof. Vinod Madhvan.

Mr Bhargava spoke on the importance of doing things by oneself and acquiring hands on knowledge. He gave example of the British who emphasized on practical knowledge. He stated that India is experiencing poor implementation of policies and micro level thinking is required to change this attitude. “If one really wants to be respected, then he has to earn it from his knowledge and actions” these were Mr Bhargava's words regarding the global competition that Maruti is facing.

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ICICI BANK OFFICERS TRAINING PROGRAM Two batches of Leadership Training Programme for the Probationary Officers of ICICI Bank were held at TAPMI. The first batch (14th batch) was organised during Apr 8 - 13, 2013 in which 50 officers participated from all over the country.

The second batch comprising 52 officers was organised during Apr 15 - 20, 2013, immediately after the previous batch.

14th Batch (Apr 8 - 13, 2013)

15th Batch (Apr 15 - 20, 2013)

The sessions included Key Trends in the Banking Sector, Bank Operations Management, Branch Management, Team Building, Organizational Communication, Managing People-Interpersonal & Group Behaviour etc., which were handled by the faculty of TAPMI and guest faculty. Besides regular sessions, classes on Creativity and Innovation modules were worked out. The participants were taken to Manipal University.

The program was held at Hotel Imperial, Janpath, New Delhi on April 09, 2013. The awards were given in a number of categories to promote excellence in the different fields of education. The awards sought to recognize high achievers and innovators in the field of education. The Honorable Minister, in his address stressed the need for Indians to bridge the huge gaps in different areas of education, and was deeply appreciative of the award winners.

National Education Excellence Awards 2013 to TAPMI TAPMI, Manipal received the ASSOCHAM NATIONAL EDUCATION EXCELLENCE AWARD 2013, for the Best Business School in the South Region. The Award was presented by Dr. M Mangapati Pallam Raju, the Honorable Union Minister for Human Resource Development, Government of India. The other dignitaries present were Mr Anil Agarwal, past Chairman of ASSOCHAM, Dr Vinay Rai, Chairman, ASSOCHAM, and Shri D.S.Rawat, Secretary General, ASSOCHAM.

Faculty Contributions • Dr. R C Natarajan, Director, TAPMI participated in the International Conference and Annual Meeting (ICAM) of AACSB organised during April 07 to 09, 2013 at Chicago, Illinois, USA. He also visited Sheffield Hallam University, UK. TAPMI has an MoU for Faculty and Student exchange program.

Prof. Raghunath Rudran received the award on behalf of TAPMI.

• Dr. A.V. Rajagopalan attended the conference “ANCIENT INDIAN WISDOM AND THE MODERN WORLD” organized by the Indian Society for Indic Studies at New Delhi from March 29-31, 2013. He chaired the session on the second day, on the topic "Ancient Wisdom and Management, Governance and Administration" and also presented a paper on "Enhancing Productivity at Workplace - A prescription from Vedic Texts".

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Faculty Development Programme (FDP) on “Statistical Methods for Research: An Introduction”.

An FDP on “Statistical Methods for Research: An Introduction” was organised in the TAPMI campus from April 16-20, 2013. There were 16 participants, 8 from various parts of Karnataka, Tamil Nadu and Kerala; both from academia and industry and 8 faculty members from TAPMI. The workshop covered various topics ranging

from descriptive statistics, measures of central tendency, sampling, hypothesis testing, and analyses of categorical data, correlation and regression. The sessions of the FDP were conducted by various faculty members of TAPMI. The FDP was coordinated jointly by Prof. Sanjay Choudhari and Prof. Sulagna Mukherjee.

STUDENTS' PAGE Industry Interaction

TAPMIans - Regional winners of TATA Crucible Quiz 2013

Mr Sanjay Srivastava, Associate Director - HR, AstraZeneca Pharma talks on Talent Management

The regional round of the TATA Crucible 2013 quiz, an inter-collegiate business quiz was conducted in Manipal on March 22. Over 8 5 t e a m s participated in the Manipal regional round.

Mr.Sanjay Srivastava is currently working with AstraZeneca Pharma as an Associate Director - HR and heads HR for Cardiovascular & Metabolic businesses visited TAPMI on March 22, 2013 for an interaction with the students. He is also the India head for L&D and OD. Mr. Sanjay brings in 14 years of rich experience in the IT & Pharmaceutical industry having worked in India and in the US. He has worked with companies like Cognizant, AOL, Freescale and brings expertise in the areas of Compensation & B e n e f i t s , International HRM & Strategic B u s i n e s s Partnering, T a l e n t Management & Organizational Development.

Mr. Venkat and Mr. Eldrich from T.A. Pai Management Institute (TAPMI) have won the Manipal regional round of the Tata Crucible Campus Quiz 2013. Students of MIT were the runners-up of the Manipal round. The winning team of this business quiz won a cash prize of Rs 75,000 and the runners-up Rs 35,000. The regional winners will participate in the zonal finals in their respective zones. The zonal finals will be conducted in Mumbai (West Zone), New Delhi (North Zone), Kolkata (East Zone) and Bangalore (South Zone). The national finals will be held in Mumbai on April 14, 2013.

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He is also certified in MBTI & FIRO - B and is currently undergoing certification in Organizational Development with “Sumedhas Academy of Human Context”. He holds a graduate degree in B. Pharm. from Jadavpur University and an MBA in HR from Symbiosis Institute of Business Management, Pune. Mr. Sanjay has been involved with various B Schools like Symbiosis, ISB&M and Great Lakes on varied initiatives like guest lectures, Campus to Corporate transitions, student admission process.

ready later” and how it was done in AstraZeneca Pharma.

He talked about how the process is developed, retention is done and a strong pipeline of leaders is maintained. He talked about the various models used in AstraZeneca to measure potential, productivity and if a person can deal with complex roles.

Then he talked about their USP, Individual development plan, which is a personalized development plan tailor made for each person. The plan can be education based, relationship based or experience based. He made every one think by saying we should always be ourselves because only then there will be an organization culture to person fit. He finished by talking about Talent Management outcomes and examples of what the companies outside are doing in Talent Management. He signed off with a quote “It is impossible to take part in the adventure if you are a spectator on the side-lines. Taking part in the Adventure is about getting in the game and having a stake in the game. We need each one of you to help create a World Class Institution.”

Mr. Sanjay spoke about the evolution of HR function and the trends in HR. He then spent some time on how Talent Management is aligned to business priorities. If HR priorities of a company are high performance, great place to work, retention, talent attraction and capability building, then the company needs talent management like identification, succession, development, skill gap, performance and acceleration. Then he went into translating the talent strategy into the workforce needs.

He elaborated on the Talent Management lifecycle, and focused on the key pointers, specially the “ready now

ALUMNI PAGE Alumnus of the Month - March 2013.

Mr. Praval Upadhyay (Batch of 1996-98) is currently MD of Primex Ghana Limited; a Group company of Hong Kong based WB Group – a 100 year old group operating in 28 countries in Africa. Praval manages Ghana operations with a Turnover in excess of 150 mn USD and a multi cultural team of over 200 employees.

the second biggest operation for the Group in Ghana. He is now part of Senior Management Team of the Group and is currently working on a road map for next 5 years for the Group in Africa.

On Feb22, 2013, his company was awarded Third Highest Tax Payer Award for Ghana for the year 2012 by Ghana Government. In a subsequent interview with Media, he stressed the fact that the growth of a business entity is more satisfying if it makes money not only for itself but also contributes to the development of society at large.

In a career spanning 15 years, he has been associated with start up operations, numerous turnarounds and giving shape to many operations across India and Africa in FMCG space. In Duncans Tea, he was the most awarded RSM with 4 promotions in 5 years, In Cargill he was nationally recognized for turnaround of Distribution architecture in Uttrakhand and UP, and in Blow Plast as Branch Manager Chandigarh – he was recognized for breaking the highest ever Value and Volume figures for the branch, three times in one year.

He enjoys Reading books and likes to travel to and explore new countries in his free time. He loves playing flute and listen to Indian Music. Mr. Praval considers his two years at TAPMI as the corner stone of his business value systems.

He has fond memories of his days at TAPMI, rigorous class room sessions, case studies, presentations, Group Discussions and then long hours at Library for the next round of presentations and case studies. These rigors made activities like free time with friends at shack point, cricket matches between PGP1 and PGP 2 and watching movies at movie halls with projector screens, even more enjoyable. To him, time at TAPMI provided some defining experiences and some life time friendships.

He came to Africa in 2006 to Head operations of his Group in Guinea. Since then, He has worked across 11 countries in west and central Africa, understanding local tastes and preferences and accordingly developing businesses for the Group. His efforts in developing the regional architecture of Togo/Benin and neighboring francophone countries was recognized when he was selected to head

He stays with his family in Accra, Ghana and can be contacted by email at pravalupadhyay@gmail.com or by skype @ praval_upadhyay

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ALUMNI VENTURES • McCann Worldgroup acquires database marketing firm End To End Marketing Solutions

CRAFT (global adaptation and production), UM (media management), Weber Shandwick (public relations), and FutureBrand (consulting/design).

McCann Worldgroup (MWG) India has acquired Bengaluru-based direct and database marketing firm End To End Marketing Solutions.

The acquisition will allow MWG India to boost its database marketing capabilities and enhance its presence in the technology sector.

Recently, IPG Mediabrands, the holding firm of the Interpublic Group, acquired Interactive Avenues, an Indian digital marketing agency doing online media buying, planning, creative work, search analytics and mobile marketing.

Commenting on whether mergers and acquisitions will be the strategy for growth at MWG India going forward, Joshi informs that the company is actively looking at acquisitions. "While IPG has been acquiring in the market, as MWG this is our first acquisition after a long time. We will consider acquisitions where they either supplement our existing businesses or allow us to foray into a diverse yet synergised space. Our acquisition strategy is to acquire if the target allows new capabilities, innovation or allows entry into new markets and geography, and addition of scale to our core operations," Joshi informs.

Following the acquisition, End To End will be retained as a separate entity and the company's top management will be retained as a part of MWG India.

Terming this as a mid-size acquisition, Prasoon Joshi, executive chairman and CEO, McCann Worldgroup India and President, South Asia, says that both the companies will benefit from each other's capabilities, and synergies will be worked out between MRM, McCann Health and Momentum.

"This acquisition is in line with MWG India's long term strategic vision of being a complete marketing solutions provider. End To End has synergies with MRM, McCann Health and Momentum and shall enhance the services offered by each," Joshi adds.

• Alum of TAPMI writes a book Mr. Siddharth Chhottray, 2010-12 batch alumnus, who is multi-talented, in singing and dancing has written his debut book.

End To End Marketing Solutions has several Fortune 500 companies in its bouquet that includes Microsoft, Intel and Hewlett Packard. Its services span across direct marketing, targeted and niche marketing, lead generation, e-mail marketing, telemarketing, demand generation events and channel marketing. Founded in 1997, the company has 200 employees and branch offices in Chennai, Mumbai and New Delhi.

http://www.dogearsetc.com/book_details.jsp?resour ceID=35759

P N Shanavas, CEO and founder of End To End Marketing Solutions, says, "To be part of a global network like McCann Worldgroup is the catalyst that End To End required. While there are the obvious synergies to be explored and we shall strive to bring our best to enhance the complementary nature with MRM, Momentum and McCann Health, we are excited to now be able to access best practices and also best clients both nationally and internationally."

• Mr. Sachin Kukreja, 2001-03 batch and his wife Ms. Nisha Kukreja (of the same batch) have started a new venture of distributing luxury ceiling fans. Their company is the sole distributor of Fantasia ceiling fans in India, with a variety of colors, materials, patented designs, and energy saving models. Their luxury fans were featured on a TV show, 'Makeover' by the NDTV Good Times.

The company website is www.luxaire.in.

McCann Worldgroup is a part of the global marketing company Interpublic Group with 23,000 employees in more than 120 countries comprising McCann Erickson (advertising), MRM (digital marketing/relationship management), Momentum (event marketing/promotion), McCann Health (professional/DTC communications),

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Alumni Meet at New Delhi & London April 6 witnessed a nostalgic get-together of over forty alumni of TAPMI from different batches at Hotel Star Rocks in New Delhi organised by ARC, TAPMI Manipal. Faculty & Staff also participated and interacted with the Alumni.

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TAPMI in News

UDUPI / MANIPAL INFORMATON Ashta Mathas of Udupi From Wikipedia.

The Tulu Ashta Mathas of Udupi are a group of eight mathas or monasteries established by Sri Madhvacharya the preceptor of the Dvaita school of Hindu thought. For each of the eight mathas, Sri Madhvacharya also appointed one of his direct disciples to be the first Swamiji.

The names of the mathas and the first Swamijis are: • • • • • • • •

Palimaru - Sri Hrishikesha Tirtha Adamaru - Sri Narasimha Tirtha Krishnapura - Sri Janardhana Tirtha Puttige - Sri Upendra Tirtha Shirur - Sri Vamana Tirtha Sodhe - Sri Vishnu Tirtha Kaniyooru - Sri Raama Tirtha Pejavara - Sri Adhokshaja Tirtha

When the ashta mathas were formed, Sri Madhvacharya initiated the Swamijis of the mathas in pairs. Each pair of mathas is called Dwandva (literally,two or dual). In the event the current Paryaya Swamiji has difficulty performing his duties, the Swamiji from the Dwandwa matha takes over the responsibility. The four pairs of mathas are: Palimaru and Adamaru; Krishnapura and Puttige; Shirur and Sodhe; and Kaniyooru and Pejavara.

The ashta mathas are named after the villages in which they were originally located. Today, the mathas are situated in the temple town of Udupi. The mathas work to propagate the Dvaita philosophy. They also administer the famous Udupi Krishna Temple by way of a formal rotation scheme called Paryaya.

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BEACHES AROUND UDUPI Kaup Beach a hamlet of Padu village about l2 kms south of Udupi Kaup is situated on the coastal belt, which passes through the West Coast National Highway. Marda Heggade, a chieftain, rose to power here during the Vijayanagara days. It has an old lighthouse, the guiding star of navigators who are warned of the presence of dangerous rocks in the sea. This Tower of light not only guides the ships but also has a monumental significance. Positioned all alone it spreads light on the shore of darkness. It was most probably begun in 1906 on the rocks and in about 1935 the tower was all set. The man made tower is at the height of about 34 meters and its light spreads over a distance of about 34 miles and can be seen from a distance of about 100 miles. The place is known for its temples of goddess Mariamma.

The JainaBasadi there is in ruins and so also an old Janardhana shrine.

Malpe Beach is about 4kms to the west of Udupi, Malpe is an important port of the Karnataka coast. It is situated at the mouth of the Malpe/Udyavara River. The river is navigable to small cargo boats for about ten kms during high tide.

The place has fascinating natural scenic view. It has been a centre of commercial activities for a long time, and one plus point is that it is a natural port.There are three rocky islands to the west of it. The northern-most island is called Daria-Bahadurgad, the middle one Daria-Gadara-Kallu and the southernmost Kari-Illada-Kallu. The DariaBahadurgad port is famous for its export of processed fish to foreign countries. The sea between the rocky islands and the shore is a safe anchorage for vessels during storms and rough weather.

Brahmavar Beach is a village about 13 kms north of Udupi. It has been mentioned as Brahmaputr, Brahmavuar and Brahmara in the inscription, which means 'a settlement of Brahmins'. It is an ancient cultural centre of the region being adjacent to Barkur, which was the capital town; Brahmavar must have been a prosperous city. There are three main temples in Brahmavar (1) the Mahalinga temple (2) Gopinatha temple, (3) Janardhana shrine in the agrahara.

Shankaranarayana Beach is about 32 kms to the east of Kundapur, is traditionally called also as KrodhaKshetra and is one of the seven places of pilgrimage in the region, referred to in the SkandhaPurana. Shankaranarayana means Shiva and Vishnu. According to a legend, a sage named Krodha performed penance here and a spot with a cave here are shown as having been the site of his ashrama. The place is situated near the Western Ghats amidst fascinating surroundings. It is famous for its large Shankaranarayana temple, which has been recently renovated. Just in front of the temple there is a pond, which is called KotiTeertha.

Maravanthe Beach, a drive along the NH-17 towards the north, to Maravanthe proves to be truly memorable. The gurgle of the waves, the soft gentle breeze kissing your cheeks and a round ball of crimson in the horizon transforms Maravanthe into a breathtaking fairyland.Maravanthe (Kundapurataluk), about nine kms east of Kundapura is one of the most beautiful spots of South Kanara along the east coast. It is an enchanting place, where on the western side, the Arabian Sea is stretching, while on the eastern side, runs the Saurpanika River and in between them passes the west coast road. Thus only a road divides the sea and the river.

Murdeshwar Beach, a picturesque place situated 16 km from Bhatkal has a gorgeous temple perched on a hillock by the shore. The temple, which embodies a Linga, is believed to have erupted when Ravana flung the cloth covering the Atmalinga at Gokarna while lifting it. As one ascends the hillock, there is a shrine of Jattiga seated on a horse. It is said that Tipu renovated the huge fort behind the temple. Bounded by the shimmering sea and rolling hills, this place is a favourite tourist spot.

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T. A. Pai Management Institute P. B. No: 9, Manipal-576104, Karnataka Ph: 0820-2701000 Fax: 0820-2570699 E-Mail: tapmi@tapmi.edu.in Website: www.tapmi.edu.in