Guest Lecture by Rishi Sher Singh

On 15th Dec’16, the students of PGPBA 2015-17 had an opportunity to listen to Mr. Rishi Sher Singh who created awareness among the students about sustaining business. Explaining the business funnel, Mr. Singh emphasized on the lines “Business of the business is to do Business” by Milton Friedman.

He also discussed the stakeholder theory. According to Mr. Singh, sustainability is all about the 3 P’s- Profit, People and Planet. It is a corporate responsibility to respect Human Rights. The students were made aware of how the human rights are exploited by the well-known companies in order to earn more profits. The corporates are least bothered of the effect that it has on the human resource. This usually goes ignored as it cannot be measured as Peter Drucker says: “You can’t manage what you can’t measure “. The businesses can map their supply chain; conduct the self-assessment of Human Rights; Initiate a due diligence process in order to ensure that the Human Rights are not exploited.

It was an interactive session where the students actively participated in the discussion.

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Intercultural Training – Sartorius Stedim India Pvt. Ltd.

Culture affects all our lives and plays an important role in defining ones personality. However, it is not so easy to understand its concept and there are numerous ways to define culture. Generally accepted it is the characteristics and knowledge of a particular group of people, defined by everything from language, religion, cuisine, social habits, music and arts. It is about the behaviours, beliefs, values, and symbols that they accept, generally without thinking about them, and that are passed along by communication and imitation from one generation to the next.

But since we are getting more and more global and one can hardly avoid working and communicating with other nationalities and cultures it is important to interact and function with intercultural competence.

The Indo-German Training Center (IGTC) organised a two-day intercultural training programme on 13th and 14th December 2016, for 16 employees from Sartorius Stedim India Pvt. Ltd. The main objectives of this programme was to first understand the differences in the German – Indian business values and overcome these difference by building intercultural competencies

Ms. Amrita Gandikota, Program Co-ordinator at IGTC (the training division of IGCC), conducted this interactive 2 day training programme for them. The training session also had Ms. Linda Schwarz, Intern at IGTC, making the training even more interactive. After some interesting icebreaker activities, the very first lesson they learned was, that in the world cultures, there is no superior one and it all depends on perception

Bearing this in mind, the session started with an introduction to Germany. Some of the attendees had already been to Germany before and enthusiastically shared their experiences of cultural shocks, while the others who had scheduled business trips to the country within the near future were eager to learn how to bridge the gap between the Indo-German cultural conflicts.

A wide range of topics were discussed, including a critical comparison of Indian and German work ethic and business values, communication etiquette and how to lead cross-cultural business meetings and negotiations.

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On the second day the participants learned more technical aspects of email formatting, reports and CVs according to the German standards. After going out for a sumptuous lunch along with the participants, the daily life, social structures and some key do’s and don’ts in Germany were discussed in detail.

On both days, activities, quizzes and exercises awaited the participants in order to keep them involved and motivated and to reflect the topics they have learned about previously. All the participants were awarded with certificates, stating their successful completion of the intercultural training. The session closed with the participants providing their feedback.

Coming back to what was said at the beginning, culture is a big part of everyone’s life and if you work with other cultures you have to create awareness and understanding of the differences.

This intercultural training definitely achieved its objectives relating to the work, life and value differences between India and Germany and prepared the attendees for the intercultural business and social situations in the future.

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Guest Lecture by Rahul Nene

On 7th December 2016 Mr. Rahul Nene visited the IGTC and gave the students from PGPBA Batch 2015-2017 some helpful advises on how to impress during an interview.

“Where do you see yourself in 5 years?”, “what are your strengths and weaknesses”, or even the old “tell me about yourself” are some questions that simply puzzle most people on the receiving side of an interview. In that moment, most of us get confused as to what a company would expect us to say, we all know by then the open-ended questions are the hard ones. Such open-ended questions have too many answers and each answer can indicate a type of job profile; furthermore, without proper insight and guidance, we may not be able to nail it.

Till the 7th of December, everyone had that doubt. Beginning his lecture at 2:05pm, Mr. Rahul Nene put all the slides aside and took an ample amount of time addressing all the questions we had in our minds when we thought of attending an interview. Mr. Nene went about showing us the little tricks in the HR handbook and the reasons as to why one would be questioned such questions, and what different types attitudes interviewers would show while conducting an interview. We thought that the secrets were the end of it, that we had all the information we needed, then Mr. Nene showed how an interview actually goes by describing it as a game plan that became increasingly detailed with the detail of the job profile and responsibilities.

In a span of three hours, Mr. Nene left us nothing but enlightened and prepared for interviews with not only tricks up our sleeves but also a game plan. With a great deal of time spent on feedback and lengthy Q&A sessions, three hours flew by before we knew it and Mr. Nene left a lasting impression, an impression full of knowledge and with all our doubts cleared.

Guruprasath C.

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Incomex-2016 Conference

Incomex – 2016 Conference

INCOMEX-2016 is a major event that takes place in twin cities of Hubli -Dharwad, which highlights industrial development in the area and attracts several entrepreneurs and investments from other parts of the country. This year Incomex 2016 was conducted from Dec 2nd to Dec 6th with various on ground exhibition offer, international facilities to exhibit display, dissemination of knowledge through seminars, vendor development activities in liaison with the Public Sector Companies.

On December 4th and 5th, the Indo German Chamber of Commerce (IGCC) participated in the 5 day Incomex – 2016 Conference at Hubbali, Karnataka. Besides hosting a stall at the Incomex exhibition, IGCC also participated in the seminars through its training division – Indo-German Training Center (IGTC).
On December 4th, the event opened with a talk on “Indo- German Intercultural Differences
Effective Communication and Conflict Resolution”, facilitated by Ms. Amrita Gandikota, Programme Co-ordinator, IGTC. The seminar was attended by honourable members of the Karnataka Chamber of Commerce, students and corporates. The interactive seminar highlighted the differences in the German – Indian business values and overcoming them by building intercultural competencies.

The following day, December 5th, Ms. Amrita Gandikota delivered a talk on “Education in Germany –The Dual Education in India”. The students in the audience found it exceptionally useful and became aware of the effectiveness of the dual education and the range of opportunities it opens up. The sessions ended with an extended discussion proving quite beneficial to the audience.

A very big “thank you” to the Karnataka Chamber of Commerce, and all the organizers, for making this event so memorable and effective to the business and the student community.

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Guest Lecture by Kaustav Chakravarthy

On Friday, 2nd December Mr. Kaustav Chakravarthy, Regional Director Human Resources, Central Asia Pacific at Lenovo and IGTC Alumni, came to visit the IGTC Bangalore Batch 2015-2017 and gave them some lessons on how to achieve success, both professionally and personally.

‘Ah! The wait was indeed fruitful in the end”. The ‘wait’ was due to the delay in schedule, which of course is justified when you are the Regional Director-Human Resources, Central Asia Pacific at Lenovo. The sheer interest to interact with the current students of the institution you mark the legacy with, speaks a lot about the man, his character and vision. KC (which he requested to be called as) conveyed his message in a most humble, witty and subtle manner. The message was clear that there are no hard rules to work one’s way up the corporate ladder. By referring to his own diverse experience of over 18 years in corporate world, KC emphasized that one should go after their intuition, passion and generate both professional and personal value. He convinced the audience that the traditional theory, ‘Maslow’s hierarchy of needs’ is not valid beyond a certain point in corporate ladder and referring to Dan Pink’s TED talk, KC urged all to strive for Autonomy, Mastery and Sense of Purpose to be able to fit in ever-evolving corporate world. The later session of interaction focused on how an employee is being viewed, evaluated by the organization and finally the topic of work-life balance, parameters involved and how to manage them in order to achieve it.

The guest lecture was ‘fruitful’ as it was inspiring, thought provoking and had more practical approach for one to plan their career path and goals.

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Seminar on CAN GST INCREASE COMPETITIVENESS

On 5th November 2016, the School of Management & School of Law organized a seminar on can GST increase competitiveness and invited the students from IGTC Bangalore to join this educational event.
This seminar was looking for an answer to the question, what would be its impact on economic growth and on the general public, once GST is in place.

After lighting the ceremonial lamp the seminar started with a speech given by Prof. Ghosh Ray, dean of Presidency University, who enlightened everybody with a basic introduction to the topic GST and introduced the speakers.

It was spoken about theoretical aspects of the GST, about the goods and service tax and about what the government of India is doing for the successful implementation of GST. Overall one can say that the topic GST was covered in detail, with eminent speakers such as C.A. K Raghu, immediate Past-President of the Institute of Charted Accountant of India, Mr. K Ravi, Sr. Vice-President of FKCCI and Ms. Samriti Goel, Joint Commissioner of Central Excide and Service Tax.

The organizers provided some tea and coffee for the audience so that everyone could follow the next session refreshed.

The seminar was divided into two technical sessions. The first one was a presentation about the challenges in implementing GST. It was talked about the different aspects of GST, like what challenges one have to face or what advantage one have to do. India is among 150 countries to implement GST, but the Indian GST draft is a difficult topic to discuss. There are many things, such as the central GST and the state GST, which need to be explained to common people.

The second session was a panel discussion about GST as competitive advantage of India, anchored by Prof. Nambiar. The speakers discussed what competitive edge will be there in the Indian Market for the people after the implementation of GST. It was a wide discussion, every speaker shared their own perceptions and also the audience could ask their questions or explaining their point of views.
It turned out that the government declared four slabs for GST tax but it is still not clear what items fall into which category and what will be coming under exempted things.

As the students of IGTC are in the learning process of the taxes right now, the seminar was in any case a very informative experience for them and they got a good exposure to the topic. This event gave them a holistic approach towards how this will be when they will start working with corporates as they are budding managers.

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Intercultural Training Programme Sartorius Stedim India Pvt. Ltd.

Culture affects all our lives and plays an important role in defining ones personality. However, it is not so easy to understand its concept and there are numerous ways to define culture. Generally accepted it is the characteristics and knowledge of a particular group of people, defined by everything from language, religion, cuisine, social habits, music and arts. It is about the behaviours, beliefs, values, and symbols that they accept, generally without thinking about them, and that are passed along by communication and imitation from one generation to the next.

But since we are getting more and more global and one can hardly avoid working and communicating with other nationalities and cultures it is important to interact and function with intercultural competence.

The Indo-German Training Center (IGTC) organised a two-day intercultural training programme on 7th and 8th November 2016, for 9 employees from Sartorius Stedim India Pvt. Ltd. The main objectives of this programme was to first understand the differences in the German – Indian business values and overcome these difference by building intercultural competencies

Ms. Amrita Gandikota, Program Co-ordinator at IGTC (the training division of IGCC), conducted this interactive 2 day training programme for them. The training session also had Ms. Linda Schwarz, Intern at IGTC, making the training even more interactive. After some interesting icebreaker activities, the very first lesson they learned was, that in the world cultures, there is no superior one and it all depends on perception

Bearing this in mind, the session started with an introduction to Germany. Some of the attendees had already been to Germany before and enthusiastically shared their experiences of cultural shocks, while the others who had scheduled business trips to the country within the near future were eager to learn how to bridge the gap between the Indo-German cultural conflicts.

A wide range of topics were discussed, including a critical comparison of Indian and German work ethic and business values, communication etiquette and how to lead cross-cultural business meetings and negotiations

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On the second day the participants learned more technical aspects of email formatting, reports and CVs according to the German standards. After going out for a sumptuous lunch along with the participants, the daily life, social structures and some key do’s and don’ts in Germany were discussed in detail.

On both days, activities, quizzes and exercises awaited the participants in order to keep them involved and motivated and to reflect the topics they have learned about previously. All the participants were awarded with certificates by the Director, IGCC, Ms. Audrey D’Souza, stating their successful completion of the intercultural training. The session closed with the participants providing their feedback

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Coming back to what was said at the beginning, culture is a big part of everyone’s life and if you work with other cultures you have to create awareness and understanding of the differences.

This intercultural training definitely achieved its objectives relating to the work, life and value differences between India and Germany and prepared the attendees for the intercultural business and social situations in the future.

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