Events-2016

Events are an integral part of life at Delhi School of Business. DSB promotes and maintains a highly conducive environment to seminars, workshops, discussion forums, awareness programs, and other related events that ensure the entire community—academia, industry, media—come together in making the PGDM program a memorable experience for students.


Use Your Brain” -Workshop conducted by Khurshed Batliwala, author of the larest Best Seller “Ready Study Go” at DSB on 7th December 2016

 


Entrepreneurship Conclave 2016.

Guest lectures are an integral part of the pedagogy of Delhi School of Business. Guest speakers are invited to share their valuable insights from their rich experience about contemporary business issues, the challenges they have faced and how they dealt with them. The sessions serve as an ideal platform for the students to supplement their theoretical knowledge with first hand perspectives from some the expertise of the industry and also appreciate the dimensions of handling modern day business challenges.

Delhi School Of Business hosted the Entrepreneurship Conclave on 11 November 2016 with guests speakers namely Mr Raghav Mittal, Founder Rethink India, Mr Gagan Ghai, Crest Capital Advisors and Ms. Riddhi Gupta from Kharcha Bachao participating in the conclave.

The conclave was in the form of a Discussion with Prof. Shonak Roy Chowdhury as the moderator where in the eminent speakers gave their valuable insights on aspects of becoming an Entrepreneur and the challenges faced .The concave discussed various aspects such as ‘selling old wine in the new world-can’ , ‘ by teaching entrepreneurship- can one become an entrepreneur ?born or made?’ , ‘India a land of opportunity’ , etc.

A lot of learnable outpour came up for students where in the speakers laid stress on the following for budding future managers;

  1. Identifying who you are is an essential element of your success –administrator, orator, mediator or what?
  2. Best way to learn entrepreneurship is to learn from family or capability of analysing your own business- from outside. And if someone comes from a non-business background the best way to learn is to observe the market businessmen.
  3. Entrepreneurship is all about developing the thought process from a person receiving a salary to a person giving salary to other to do his work.
  4. Adding value to the business is the key ladder to success.
  5. Start young , open the windows of your thought process drives in innovation.

Prof. S P Kothari Gordon Y. Billard Professor of Accounting & Finance,Sloan School of Management, MIT. Delivering the Key Note Address at the International Conference on Corporate Finance, Governance and Sustainability organised by Delhi School of Business in collaboration with ESCP Europe, UOM Trust and Universiti Sains Malaysia.

 


Faculty Development Program Conducted by Delhi School of Business with Resource Persons – Prof Ramesh Bhat, Former Professor IIM – A and Prof I M Pandey,Former Dean and Professor IIM Ahmedabad, presently Director General, Delhi School of Business !

 


Shri Manek Narang AGM-Corporate Finance CARE ratings

 

Mr. ManekNarang, AGM, CARE ratings, started the session with very important questions “Why MBA” and “What are expectations after MBA from you?” to which he answered that the expectations go really high once you complete your MBA and everything is measured in tangible form. He guided the 1st year students to not follow their heart in order to identify what they really want to do but to gain knowledge of every subject being taught and make their way through based on their knowledge of those subjects. Corporate world is very ruthless and he suggested us to not take it lightly at any point of time. Companies want to cut their costs drastically and the first cost for them is the employee cost. Then he told us “How to analyze a company?” , the key to analyze a company is not in directly going through their financial accounts but to study the company on 4 basic parameters i.e. general economic environment, business risk, operational effectiveness, financial risk. Understand how companies make their revenues by going into the depth of revenue model. P&L account doesn’t give you operational insights which are very important to work effectively for good performance. Then he told us “How to understand the management running the business?” , for that one needs to focus on how complex the ownership structure is and are they ethical in their conduct. Then we need to understand how the profits of the company are being used by the management. How high the entry barrier is set by the company defines its position among its competitors and then what value addition does it make. Balance between operations and finance is necessary to make and there are no ideal ratios to define the balance between the debt and equity as it can be different for different companies at different point of times. Careers in the area of finance were discussed by him. 4 popular careers in the area of finance are Investment banking, Project financing, corporate banking and equity research.
In the end he suggested us to analyze the company before its financials before taking a call, daily read newspaper and always answer the question of “WHY?”


Students and Faculty attended the Program on “Innovation, Creativity and Critical Thinking – Multiple Perspectives on Teaching, Learning and Executing.” from 3rd to 8th April 2016 at IIM Ahmedabad.


Mr SK Roongta former CMD SAIL and current MD Vedanta Ltd Interacting with students of Delhi School of Business.

Mr SK Roongta shared his experiences as he led SAIL in some of the most turbulent times.

His only guiding principle has been Hard Work with complete dedication to work.
He said Right Attitude and Discipline was the only key to success in life and career.
Speaking on Leadership, he mentioned that leaders are successful only when they create more leaders.
Speaking on Indian Steel industry he mentioned that the Indian Steel industry was competitive and China was a threat but not a global threat as there was over production which led to underpricing of chinese steel globally.
Speaking on his initial career he said that being over worked was a good thing and being underworked was not good for ones career.


Practical Perspectives on Entrepreneurship

24 February 2016

1st speaker : Atul Bhatia

If you want to be a successful entertainer, first learn from other peoples experiences through this you can learn group of traits.Bill Gates himself said that ‘if you have a great idea that cannot wait then you should do whatever you want to do’ otherwise first finish your formal education and add value to your life.

You should have a solid reason why you want to become an entrepreneur.

The best answer could be that you have a great idea mate will benefit a lot of people and you can bring great value and never do a business to make money. Becoming an entrepreneur is very tough and entrepreneur is someone who has to do that nobody can all willing to do.

These days organisations are looking for a passionate team that is, working in a white space. An Entrepreneur should be

  1. Passionate
  2. Keen
  3. White space
  4. VC scale

PASSIONATE:

if you’re not passionate then you will take a very incorrect exit very quickly.

TEAM: 

in India unfortunately education system does not teach us to be a team player, we all almost encourage people to be individual performers but the moment you enter out of your college you could not achieve anything without a team, So to achieve anything you need to have a team.

Now Question arises what kind of team you should have.

Respect what other members of your team are bringing because alone you will Sink.

In todays startup world you need to have a merger of two domains, Bring to diverse skill or Domain experts. then there will be more whitespace available.

Dont try to do things which are very small. Target a big fish.

WHITE SPACE:

Nobody ventured before and it is not compulsory to go to in white space because that’s what VC’s scale business and you also need to decide for a start-up that you want lifestyle business or equity Growth Business.

Lifestyle business is web business is dependent on an individual  for example, doctors and architects and it can sustain the lifestyle our individual want to have.

In this business you should try to see whitespace aspects you can do things in local touch. In this business you should have clarity.

VC scale business where VC’s can get hundred times returns and in short-term. They will invest when they think that ideas are unique , good, creative and have a white space.

Find a niche and be a leader in that niche but that niche have to search that it’s a kind of global and global to a level that inspired that whether you want to have lifestyle and equity growth business.

Startup has become a biggest challenge. So you need to create an environment where attrition is not a big problem.

Another problem is that  industries are looking for the people who are willing to learn but then attrition is the biggest challenge for a start-up because when people leave you lose so much of knowledge, so we could handle this problem by which knowledge could be retained.

A start-up that succeeds is one that:

Identify the customers Needs.

And be the best at fulfilling it.

This can be done the best by having a process

appreciate the people who help in your growth and wealth

encourage and motivate people

put your arms around your employees, before expecting anything from you employees,

first change yourself that could be a good solution for attrition

do what you enjoy

you should be good at it

you should paid the amount you want in your life.

If you have these things that will make you feel satisfied.

Every well intended step towards the goal makes you closer to the goal.

2nd Speaker

 PRABHAKAR TIWARI

 What is an entrepreneurship?

 ENTREPRENEURSHIP is about ‘Antar Prerna’.

And why rocket flies faster than aeroplane, Antar prerna is one the strong reason behind that.

Who is an entrepreneur?

An entrepreneur is a person who takes on a venture while managing risk. Vasco Da Gama was an entrepreneur And Swami Vivekanand was an entrepreneur.

Entrepreneurship is for a person who knows the risk, he knows things are not easy yet he goes with the journey.

Entrepreneurship is doing something new and in a unique way.

  • The day Google started, World changed fundamentally.
  • The Day Apple started, world changed fundamentally.

The bigger the problem you take the bigger is your Upsight. To become an entrepreneur figure out what you are passionate about.

Story of Google:

Larry Page and Sergey Brim were passionate about indexing the world’s information, they said that we will index the world’s information in a very elegant manner and it will be operated through machine only and there will be no human involvement

  • Find out your passion
  • That don’t disregard the opinions of others
  • Have conviction but keep watching the data

Speakers company’s name is ‘The Marg Darshak’

This company is committed to the most decisive, speedy and cost-effective solution to start ups and SME’s.

Building the world’s first and largest intelligent network of human hours and machine hours.

Mostly ventures Face the problem of multidimensional cross functions that even I am doing a small launch.  Humans are in their comfort zone. They want to solve one type/kind of problem.

 


KPMG Lean Six Sigma Training Program

Delhi School of Business conducted the KPMG Lean Six Sigma training program on 2nd, 3rd and 4th January 2016. Associate consultant, Varun Nirola was the trainer for the program. The three day training was concluded by an evaluation on the last day. The program seeks to provide a competitive advantage to the students by this comprehensive course and alliance with KPMG.

Six sigma is a methodology which seeks to improve the quality of the output of a process by identifying and removing the causes of defects and minimizing the variability in business processes. It is widely used by the organizations these days.

Providing Six Sigma Green Belt training equips the participants with a logical and objective way to identify, measure, and eliminate the problems in a process. Suddenly, they don’t have to just cope with the problems – they begin to recognize and implement solutions to them.

A down-to-earth blend of DMAIC project management methods and practical data analysis techniques provide participants, at any level of the organization, with new ways to contribute to the bottom line.  From executive leaders to front-line employees, Six Sigma Green Belt training enhances the way employees approach their day-to-day work.  And when Six Sigma Black and Green Belts are strategically positioned to support each other in the workplace, the improvement potential expands.

Starting with Green belt training, Six Sigma Black Belt trainees obtain a solid understanding of the tools and methods associated with the Six Sigma approach.

The lean six sigma program is driven through the business excellence practice and is internationally well recognized throughout industry and academics. The program is conducted in top institutions all over India including ISB, IITs and IIMs.

KPMG India, is an Indian member firm of KPMG International. KPMG in India is one of the leading providers of Risk, Financial, Business advisory, Audit, Corporate Governance, Tax and Regulatory services.

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