A UNIQUE OPPORTUNITY FOR YOUNG MANAGERS TO DEMONSTRATE THEIR KNOWLEDGE, CREATIVITY, EXPERIENCE AND PROFESSIONAL PROWESS
24th MMA COMPETITION FOR YOUNG MANAGERS
Important Dates Last Date for Registration
: Wednesday, 03 Feb 2021
Last Date for Submission of Written Presentation
: Wednesday, 10 Feb 2021
Oral Presentation (Prelim)
: Wednesday, 17 Feb 2021
Oral Presentation (Final)
: Friday,
19 Feb 2021
WHAT IS THE COMPETITION FOR YOUNG MANAGERS? Madras Management Association has been organizing the Competition for Young Managers annually since 1996, with a view to recognize competitive excellence among young managers and by providing them an unparalleled opportunity to hone their analytical, creative thinking, problem solving, team working and leadership skills in a southern regional level competitive setting. The competition has continued to gain in strength and popularity year after year and corporate organizations have recognised its value as a useful tool to groom their young managerial talent for higher responsibilities. The Young Managers Competition today is one of the foremost and hugely popular Competitions meant exclusively for the young managers working in public and private sector organizations in business and industry. The competition brings disparate teams of young executives from the corporate world on a common platform to research, analyse, discuss and deliberate on a theme of contemporary managerial interest and national significance. The competition provides unique opportunities to young managers to demonstrate their knowledge, creativity, experience and professional prowess to become “Leaders of Tomorrow”. In the interest of health safety and in view of prevailing government norms, 24th Young Managers Competition is scheduled to be conducted online.
ABOUT THE THEME India’s Turning Point - Challenges & Opportunities India is at a decisive point in its journey towards prosperity and it is time to make the next time change in the pace of reform. In the economic crisis sparked by COVID 19 could spur actions that return the economy to a high growth track in the coming decade if a reform agenda can be implemented in the next 12 to 18 months. With the right measures now, India can raise productivity and incomes for workers, small, midsize, and large firms, keeping India in the ranks of the world's outperforming emerging economies. To capture frontier opportunities, it is believed that India needs to triple its number of large firms, with more than 1000 mid-size and 10,000 small companies scaling up. While the central government's pro-growth agenda is critical, active participation by state governments is equally important. Businesses would also need to commit to productivity growth, develop a long-term value creation, and develop capabilities in innovation, digital, automation and corporate governance. The good news is that there is no dearth of opportunity. However, to create these opportunities the governments need to adopt pro-growth reform agenda in product markets of critical sectors like manufacturing and construction, agriculture, retail, tourism etc., and in factor markets like capital, labour, land and power. Financial reforms would also be needed to ensure that sufficient capital is available. Over the past three decades, India has outpaced many other global economies propelling the country into the top five club. More recently, the push to reduce the multidimensional poverty by addressing basic needs holistically has also shown some progress. Jan dhan yojana, direct benefit transfer scheme, Aadhaar digital ID programme and introduction of the GST have marked some laudable milestones of formalising the economy. To sustain the momentum, labour intensive sectors such as trade, transportation and storage, hotels, communication and broadcasting, IT, Business Process Management, education, health care need to improve upon their deliverables while agriculture sector will need to increase productivity at its historical rate. The opportunities that exist cannot be exploited until supported by suitable reforms. More vibrant manufacturing and more vibrant economy will require more flexible labour markets. Though there has been some relief through the recently introduced labour code, India continues to place labour restrictions on manufacturing companies that seem to encourage firms to remain small, imposing high compliance costs on larger firms. Barriers to labour flexibility need to be removed by providing more freedom to manufacturing companies to shape the size, composition, and skills of the workforce, in line with evolving needs. Though India has made significant progress in the World Bank rankings for ease of doing business, Indian companies still face obstacles that crimp their effectiveness and limit their productivity. Difficulties in availability of land for business purpose, limited efficiency in export-import processes, duplication of compliances from both central and state authorities, lack of judicial capacity to enforce contracts, retrospective tax effects, tedious and slow processes to obtain permits are least attractive to foreign investors. To gain insights into how well is India poised to utilise this opportune moment, defined as “India's Turning Point” in overcoming the Challenges and grabbing the Opportunities, we invite you to a one-of-a-kind event, MMA Virtual Annual Convention on 26th February 2021. Over the course of three exceptional sessions and through conversations with several preeminent industry experts, we promise you a day of learning and participation that can help you not only survive in the current economic climate, but also to adapt to win. The journey to unlock value begins today.
KEY POINTERS TO PARTICIPANTS Many experts predicted the worst for India as we had to manage the largest population outside of China but today India stands out as a nation with one of the lowest infection and mortality rates. How do we make 2021 India's turning point? Evaluate: The economic growth in the last few decades and the impact of current slowdown need to be analysed to not based on superficial indicators but on fundamental strengths and weaknesses. For the last several years India's manufacturing was dependent on imports. Do we have the wherewithal to become a manufacturing hub and build an export oriented economy in the next few years? What should companies and the government do differently to make India a manufacturing hub? Introspect: One of the toughest lockdowns in the world resulted in a record slump of 23.9% in the first quarter of 2020 but the restart of economic activity in the festival season made most economists predict the economy to return to positive territory by fourth quarter. In a country with the world's third largest start-up ecosystem, the Production linked Incentive Scheme announced for 10 sectors, revising the MSME definition threshold upwards, rationalisation of labour laws and agricultural reforms are expected to set the stage. But is it enough? Surge Ahead: It is said that “Setback is the Set-up for a Comeback”. Indian Scientists worked hard and fast to come out with vaccines in record time. As we witness a paradigm shift of the world's view of China, and in the backdrop of a changing geopolitical situation, opportunities seem to emerge which India could explore and exploit to its advantage. However, it may not be a cake walk until India surges ahead with significant investment in capacity building. What should be the action plan?
THE FORMAT Organisations and individuals interested in taking part shall register for the competition on or before Wednesday, 3rd February 2021. The competing teams are required to first submit a written presentation on the theme “India’s Turning Point - Challenges & Opportunities” not exceeding 2000 words in soft copy, which must reach MMA on or before Wednesday, 10 February 2021. The written paper should contain the following: © An Introduction/Executive Summary providing a COMPLETE SUMMARY of the Paper in not exceeding 250 words © Your perspectives and recommendations on the topic along with examples, case studies and illustrations where required © Conclusion © Bibliography (references must be attached with the paper)
Teams will make presentation, written and oral, based on innovative ideas backed by research and analysis of data from pertinent sources, both primary and secondary, including the team's experiences of his / her own organisation (wherever applicable). Based on the written paper each team will be invited for online preliminary round on Wednesday, 17th February 2021 before a panel of Judges. Each competing team will be given a maximum 10 minutes to present the paper during the preliminary round, followed by interaction with jury members for about 5 minutes. The top 8 shortlisted teams selected for the final round will present on the same theme before a panel of jury members for a maximum 15 minutes followed by interaction with jury members. Final round of the online competition would be held on Friday, 19th February 2021.
COMPETITIONS – GENERAL INSTRUCTIONS © Competition would be held online. © Any number of teams can participate from one organisation © Last date for registration is Wednesday, 03 Feb 2021 © Click here for REGISTRATION or send a mail to mma@mmachennai.org with name, mobile number, mail id and name of
the organisation © E-Copy of the written presentation should be sent by e-mail by the due date clearly indicating the names of both participants
and the organisation © Preliminary and Final round of the competition would be held on Zoom
ELIGIBILITY CRITERIA A two-member team of executives within 40 years of age (as on January 1, 2021) is eligible to participate. The team can either be from the same organisation or individuals independently from different organisations can form a team. Organisations are free to nominate as many teams as they wish.
HOW TO ENTER THE COMPETITION Each team comprising two participants will be required to send the mandatory non-refundable entry fee, along with the registration form. Mode of Payment: Pay online through website - mmachennai.org or Credit Card/Debit Card at MMA or DD/Cheque drawn in favour of 'Madras Management Association' payable at Chennai. ENTRY FEE (for a team of 2) Members of MMA 1 Team
` 2,500 nett + 18% GST
3 Teams & above
` 2,000 nett (including GST 18%)
Non-Members 1 Team
` 3,500 + GST 18%
3 Teams & above
` 3,000 + GST 18%
Registration: Please Click here for REGISTRATION or send your nomination by email to mma@mmachennai.org or call Gp Capt Dr R Venkataraman @ 9444700068 or Mr Sriram @ 9952019173 or give missed call to 9789960398 All participating teams would be invited to participate in the prestigious MMA Annual Convention 2021 on the theme “India's Turning Point – Challenges and Opportunities” scheduled to be held virtually on Friday, 26 February 2021.
HOW DO YOU BENEFIT? © Competition provides unique opportunities to young managers to demonstrate their knowledge, creativity, experience
and prowess to become “Leaders of Tomorrow” © Interact with the bright and talented contenders who they compete within a highly stimulating environment © Build leadership qualities, hone their presentation skills and learn to work as a team © Gain a broader perspective into the strategic and tactical aspects of the business environment they work in © An opportunity to interact with and learn from the reviews and inputs of an eminent jury comprising luminaries from
academia, the corporate world, management consulting, bureaucrats etc. © Members of participating teams would be entitled to complimentary registration to participate in the prestigious MMA
Annual Convention 2021.
BEST YOUNG MANAGER OF THE YEAR AWARD All the participants in the competition are entitled to be evaluated for the Prestigious MMA Best Young Manager Award of the Year 2021. The evaluation criteria for selection of the Best Young Manager Award shall be based on the following: © Knowledge of subject © Fielding Solutions © Effective use of Audio Visual support © Articulation © Presentation impact
AWARDS Trophy, Certificate and Cash Prizes will be awarded to the Winning Team, Runner-up and the Best Young Manager of the Year during the Virtual MMA Annual Convention scheduled on Friday, 26 February 2021, as under: 1st Prize 2nd Prize
Trophy, Certificate and Cash Prize of ` 20,000 Trophy, Certificate and Cash Prize of ` 15,000
Best Young Manager
Trophy, Certificate and Cash Prize of ` 10,000
Winning Teams of Earlier Competitions 1996
Lucas TVS Ltd
2004
Chemplast Sanmar Ltd
2013
Tata Consultancy Services
1997
Siemens Ltd
2005
Tata Consultancy Services
2014
Heidelberg India Pvt Ltd
1998
Siemens Ltd
2006
Tata Consultancy Services
2015
Tata Consultancy Services
1999
TI Diamond Chain Ltd
2007
NTPC Ltd, Vindhyachal, MP
2016
Tata Consultancy Services
2000
Bush Boake Allen
2008
Tata Consultancy Services
2017
Cholamandalam Investments and Finance Co Ltd
TI Diamond Chain Ltd
2009
Tata Consultancy Services
2018
Infosys Ltd
2002
Brakes India Ltd
2011
Cognizant Technology Solutions
2019
Tata Consultancy Services
2003
TI Cycles of India
2012
Tata Consultancy Services
2020
NTPC Ltd
ABOUT MADRAS MANAGEMENT ASSOCIATION (MMA) Madras Management Association (MMA) was established in 1956 with the prime objective of promoting management education, training and development activities in this part of the country. The vision of MMA is “To be the Fountainhead of Worldclass Management Excellence in India�. Over the past six decades, MMA has striven for development and nurturing management expertise, combining Indian ethos with International Management thoughts and practices. MMA has contributed immensely to the enhancement of management capability in this part of the country, and in particular Tamil Nadu and Puducherry. MMA has over 8000 corporate houses, industries, professionals, academics and executives on its rolls as members. MMA annually organizes about 700 executive development activities, including seminars for top management with a total participation of fifty nine thousand executives and entrepreneurs. MMA is the largest affiliate association of All India Management Association (AIMA) in the country and has been adjudged as the Best Management Association in India by AIMA for eleven times in a row including the year 2019-20. The activities of MMA are planned to achieve managerial excellence in the functioning of industries and professional managers in Tamil Nadu and Puducherry. In this direction, MMA chapters have been established at various towns in Tamil Nadu mainly to cater to the needs of SMEs. Nine such MMA Local Chapters at Ambur, Attur, Erode, Hosur, Namakkal, Salem, Sri City, Trichy and Puducherry are functioning effectively. Apart from corporate leaders, MMA has, in its Managing Committee, the Vice Chancellors of Madras University & Anna University, the Directors of IIT Madras and IFMR and the Chief Secretary, Government of Tamilnadu, as members.
Convention Sponsors & Partners PRINCIPAL SPONSORS
POWERED BY
KNOWLEDGE PARTNER
CO-SPONSORS
PRIZE SPONSOR
ASSOCIATE SPONSORS
PARTNERS
For details please contact by mail mma@mmachennai.org or call Gp Capt Dr R Venkataraman @ 9444700068 / Mr Sriram @ 9952019173 or give missed call to 9789960398 Madras Management Association Management Center | No.240, Pathari Road (Off Anna Salai) | Chennai 6