Towards becoming a better Professional in the Corporate World - Workshop Conducted by Mr.Sandeep Sharma

Yesterday, 14th of November at INLEAD for our Infrastructure and Healthcare Administration students we had Mr.Sandeep Sharma, the Vice President of Earth Infrastructure give the audience a brief understanding of ‘Becoming Better Professionals in the Corporate World”.

To begin with, he asked each and every student to draw a rabbit on a plain sheet of paper. Rule of the game being that no one was allowed to peep into their neighbors rabbits. Mr. Sandeep then told them to leave aside the sheet on which they drew and focus on certain important pointers which he will further be discussing in the workshop.

Things to keep in mind while you step into the corporate world:

    1) Focus on the quality of work rather than quantity of work.

    2)  Know the difference between aptitude and attitude

    3)  Be polite but be firm

    4)  Set achievable targets for yourself

    5)  Be loyal to those absent

    6)  Know the difference between working hard and working smart

    7)  Know the difference between efficiency and effectiveness

    8)  Avoid the ‘cut’, ‘copy’ and ‘paste’ formula  

    9)  Rather than ‘speaking’, ‘reading’ and ‘writing’ focus more on ‘listening’

Things to avoid while you step into the corporate world:

   1) Avoid using nicknames

   2) Avoid chewing gum, pan, supari

   3) Avoid wearing sunglasses and entering the workplace

   4) Avoid leaning on desks while you are at your workstation or in your bosses cabin

   5) Avoid putting hands in your pockets while making a conversation with a colleague/ senior/ boss

   6) Avoid using terms like ‘please’ and ‘kindly’ together in the same sentence

Coming further, he defined few terms which we must often keep in mind while/ before we enter the corporate world.

    

    1) Character- who you are, when no one is looking   

    2) Aptitude & Attitude: Aptitude- natural talent or skill set,  Attitude-  mindset, outlook or your nature

    3)  Efficiency & Effectiveness: Efficiency- doing things right. Effectiveness- doing the right things

    4)  Body Language- Unspoken language between two human beings in a face to face encounter

It was a fun and and interactive session conducted by Mr.Sandeep Sharma. He recited a few motivational stories also cited real life examples which students could connect with. 

The rabbit which the students drew in the beginning was a personality test and based on the position and the orientation of the rabbit their personalities were determined. Over all it was an interactive session and involved several activities which made it a lot of fun for all the students.

Keep watching this space for more of such talks by famous Industry Experts

International Business Management: An Overview

International Business Management is also known as Masters in International Business across the globe. International Business Management is a post-graduate course designed to provide an advance program in management for those seeking managerial positions in international business organizations, and related industries.International business degrees have become available and have gained popularity in the recent times. This is due to the increasing globalization and the growing number of businesses currently competing on the International platform.

Global businesses are expanding and creating a need for business managers who are well-versed in international business. A quality international business degree can be a wonderful exposure and a great learning for young individuals who are interested in securing a position within the global business market in the World.

If your goal is to improve the performance of businesses competing in a rapidly changing global marketplace, a course in International Business Management will enrich your appreciation of global business and in return will motivate you as well as expose you to ideas that help you face the challenges of globalization more successfully.

Eligibility of pursuing International Business Management at INLEAD:

•  An undergraduate degree in any discipline

Scope after pursuing International Business Management at INLEAD:

The professionals in international business are required by organizations involved in export import specially export houses, shipping companies/corporations, merchandisers, custom clearing houses, special economic zones, dry ports, ports, logistic companies, transportation corporations ,marine insurance companies, directorate general of foreign trade, banks and financial institutions providing export-import finance & foreign exchange services, pre-shipment and post-shipment quality control labs, export marketing firms, BPO involved in export import business, customer relationship management, International finance, international accounting and international financial management.

The INLEAD International Business Management opens up a wide range of career choice for students.

Top Employers at INLEAD for IBM are mentioned below:

•     Prada
•     Landmark
•     Wills Fargo
•     Citigroup
•     Walmart
•     Marks & Spencer
•     JP Morgan Chase & CO

Fee Structure: 

	Head	Particulars	Amount
MBA 1st Year	Admission Processing Charges	Rs. 70,000
	Instalment I	Academic Tuition Fee	Rs.70,000
	Instalment II	Academic Tuition Fee	Rs.70,000
		Security Deposit*	Rs. 20,000
	Instalment III	Academic Tuition Fee	Rs. 70,000
Total Fee Payble After first year			Rs. 3,00,000
MBA 2nd Year
	Instalment IV	Academic Tuition Fee	Rs.70,000
	Instalment V	Academic Tuition Fee	Rs.70,000
	Instalment VI	Academic Tuition Fee	Rs. 60,000
Total Fee Payble After second year			Rs. 2,00,000
Grand Total			Rs.5,00,000
(Optional) International Internship/Placement Facilitation Charges+			Rs.50,000
*Refundable after the completion of the program subject to clearance of all dues(if any)  +Applicable only for students opting for International Internships. All costs associated with obtaining passports or entry visas; insurance, international and internal airfares will be borne by the student as per actuals.

Advantages of pursuing International Business Management at INLEAD:

• Helps students develop cultural skills
• Helps students develop business competencies
• Prepares you for challenges in today’s complex global business environment
• Learning on how organizations operate in different countries at the same time
• Leaning on IT skills, including use of financial and statistical software
• Gain opportunities to learn and practice a range of intellectual, interpersonal an technical skills relevant to international business and management
• Guest lectures from renowned experts
• Broad understanding of multinational and cross-cultural business

Salary Information:

If you enjoy working in business on an international level, earning a post graduate degree is the fastest way to find a job in this field.

With applications across a spectrum of industries, salaries will vary depending on what type of business you specialize in, who you work for and where. 

International business is a really broad field with jobs available in everything from admin to marketing.

How to apply?

Interested candidates should apply on the prescribed INLEAD application form available.You can apply online as well as offline.

Click here to apply now: Online Application Form

At INLEAD we aim to prepare students for the workplace from day one. As a graduate from INLEAD your career prospects will be excellent and we do guarantee 100% placements for all our INLEADers.  

Why distance learning should be a big NO NO!

It is very important for a student to know the plus and minus points before he/ she opts a mode of study.

Despite the popularity of distance learning programs, they have several drawbacks.

Let’s discuss a few disadvantages of Distance learning:

• Distance learning is isolated
• Distance learning lacks social interaction
• Distance learning format isn’t ideal for all learners
• Some employers don’t accept online degrees
• Distance learning requires adaptability to new technologies
• Distance learning lacks student motivation
• Distance learning lacks immediate feedback
• Distance learning might involve hidden costs
• Distance learning involves the risk of fraudulent and invalid degrees
• Distance learning lacks oral communication skills
• Distance learning lacks quality assessment and feedback, which hinders learning]
• Distance learning lacks digital literacy

However, INLEAD offers all Full time courses which are of great advantage to students. Even while recruitments and placements a student who has pursued a full time course is always preferred over a student who has studied from a distance learning institute.

Courses offered at INLEAD are:

      1)      International Hotel Management

      2)      Event Management & Public Relations

      3)      Healthcare Administration

      4)      Infrastructure Management

Why should you choose to study at INLEAD?

•  Full time courses
• 100 % interaction between students and professors
• 100 % knowledge about digital literacy
• Personalized academic progression
•  Format provided ideal for students
• Immediate feedback is provided to the students
• Recognized degree is offered in collaboration with Mewar University
• Extensive industry expo

If you have anything to add then please use the comment section below the article and let us know with what you can help our readers.

EVENT Management and Public Relation INDUSTRY: A Broad Overview

Wiki Definition: Event Management is the application of project management to the creation and development of festivals, events and conferences.

Wikipedia defines an 'event' as any type of a gathering, ceremony, competition, convention, happening, festival, media event, party or sporting event an exhaustive definition, in every way symbolic of the events industry today.

Events include: weddings, concerts, International Conferences, Seminars, Television Based Events, Exhibitions, special occasions, corporate events, Road Shows, fashion shows, award nights.

Gone are those days when functions, weddings, birthdays etc were self-organized. Today there is a great demand for event managers. From the smallest event like a theme birthday party to a large scale event like a wedding individuals require wedding and event planners to put across the show.

The size of the organized events and activation sector is estimated at around INR Rs.2800 Crore.This value represents the revenue of events, and activation agencies, it also includes the value of meetings, incentives, conferences, and exhibitions (MICE).

Event management at one time was about planning, organizing and executing a project/activity such as parties, weddings, product launches, conferences, etc. Today, it encompasses a wide range of profiles that offer thrilling opportunities to those who have a keen interest in this particular segment.

Celebrations like birthday parties, which earlier were simple family affairs, have now turned into glitzy events where people want theme docor and celebrity appearances. It is the event management company that is helping them put all of this in place, of course at a price tag.

The event industry is no longer considered an organization run by students, kids etc. With the event companies now being rated by bodies like the Conderation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI) and media houses investing in them heavily, the industry is now organized and run by professionals, an aspect that has brought with it a certain respect to the profession,' shares Thanush Joseph, director, marketing, Seventy Events and Media Group.

Various Sectors---

Wedding Management:

The big fat Indian wedding just got bigger and better. The spending power of individuals has increased like never before. No longer are weddings an average affair put together and managed by members of the family. While Indian weddings have always been larger than life affairs. Indian extravagance has touched greater heights & new frontiers of grandeur. People these days prefer destination weddings in exotic locations, they prefer to appoint the best makeup artist, cuisines like there is no end. However this trend is still largely restricted to the elite and upper middle classes.

Award Nights/ Fashion Shows

Fashion shows since the past decade or even more have always been highlighted in our country. With several fashion weeks Wills Lifestyle Fashion Week, Lakme Fashion Week & award nights like IIFA, TOIFA to name a few. Film and television awards were being instituted in the last couple of years, the demand for event planners who can organise the chaos has a great demand now.

Sports Management:

When you talk of sports how can you forget the emergence of the ‘Indian Premier League (IPL)’,  IPL introduced to cricket a corporate identity which was never seen before.

Post the Commonwealth Games sports like Formula 1, tennis, boxing have gained high popularity.

Features of an event:

• A unique occurrence that does not happen very often
• Held for a purpose
•  Limited duration
• Temporary set up
•  Happens with a live audience

EVENT MANAGEMENT as a CAREER:

An exciting career option, upcoming and a thrilling profession

The career avenues at INLEAD are broadly divided three sectors: 

1)    Event Operations:

• Event planner
• Wedding planner
• Artist Manager

2) Event Marketing:

• Business Development Manager 
• Client Servicing Manager
• Account Manager

3) Public Relations:

• Public Relations Officer 
• Brand Manager
• Corporate Communications Manager 

Pay-Scale

The event management industry is known to pay well

Stipend: 10k-15k PM
Post experience – sky is the limit, you can earn as high as 2 lac per month

Drawback & Challenges:

·         High entertainment tax

·         Lengthy procedure for import of equipment’s

·         Lack of infrastructure

·         Lack of manpower

What drives this industry?

·         Rise of wedding and other family events

·         Increase in sports events

·         Increase in corporate events

·         Increase in below the line activities

Key Trends:

·         Foreign companies entering into India

·         Event Management courses in the offering

We can conclude by saying that it is only the event industry which includes event planners which are helping in fulfilling peoples wishes by showcasing grandeur events.

Event Industry is only going to become BIGGER & BETTER!

Social Networking: Pros & Cons

Social networking today which broadly includes the use of websites like Facebook, twitter, LinkedIn & apps like whatsapp, viber, tango are considered to be thee most powerful and the fastest mode of communication among today’s generation.

Social Media has become a part of the daily routine for many. Opening Facebook as soon as you wake up is not anymore considered to be an abnormal activity. It’s as important as brushing teeth and having breakfast.:)

In the professional work space these days, Social Media’s presence is being highly accredited. What about education?  Is Social Media a good thing or a bad thing for students?

For most of us indulgence in social media activities includes posting daily status messages, uploading photos, sharing quotes which are uploaded on various fan pages and other nonsensical fun things.. But that’s not it; Facebook can be extremely beneficial at the same time.  

Let’s discuss the pros & cons of being active on the social media front…

Pros:

• Increases student engagement
• Bridges the gap between students and teachers
• Encourages discussion and collaborations
• Spreads awareness / latest  happenings / information
• Excellent and Quickest  mode of communication
• Large coverage to a larger audience
• Great medium to promote business / increase traffic on websites

Cons:

• Distraction and Addiction for students
• Cyber bullying
• Waste of time
• Encourages the use of slang language
• Discourages communication skills
• Excess of information
• Loss of privacy
• Virtual space, cannot replace real communication
• Negligence of family members

After reading the above pros and cons, we come to the conclusion that excess of anything & everything is bad, be it social networking in this case. We must know where to draw a line and absorb only the amount which we think will be beneficial for us as students and ignore or let go of the things which hold not much value to us. There are countries where the use of social networking sites is blocked for example Facebook is blocked in Syria & Iran, YouTube is blocked in Thailand, Turkey, Pakistan, China, Brazil, Iran, MySpace is blocked in Indonesia.

A study also reported that the most censored site was YouTube where we found reports of nine countries that had censored the site over the last few years. We as individuals belong to a country wherein we are given the benefit or privilege of using such sites; in return we should respect the fact and not misuse the freedom given.

Social Media is the FASTEST & QUICKEST medium to reach a particular target audience and nothing will replace this mode of communication in the coming days, months or years.

DO YOU AGREE?

First Day of Internship? Some DOs & Don'ts

Just a couple of hours left, when students of INLEAD first step into the corporate world as ‘INTERNS’.
Today 10^th October at INLEAD we had Mr. Jayant K. Sood, Head – Corporate & Company Secretary, INDO RAMA SYNTHETICS (INDIA) LTD give a talk on what to expect in the corporate world, as for most of the students tomorrow, 11^th October is the first day of Internship. 

Mixed emotions were floating in the seminar hall.  Some were full of anxiety. Some were curious; some looked afraid and hesitant in entering the corporate world. Nevertheless we had students who were extremely excited at the same time. This timely talk by Mr. Jayant K Sood was held in order to make the students understand how they should portray themselves during their internship.

Mr. Jayant  K.Sood started his talk by saying, “Believe in yourself”. Further to which he elaborated by saying that each individual should have a positive notion and shall believe in her/ himself.  He also said, “What you think you become”.

Mr. Jayant K.Sood addressed the students by mentioning some of the do’s and dont’s that they should keep in mind while entering the big bad world – “The Corporate”.

Firstly he stated that, to rise in any organization you must keep your integrity high leaving behind your ego, hatred, jealousy and other negative elements which might hamper your individuality and growth.

Dos:

      1)   Set targets

      2)   Punctuality

      3)   Ask Questions 

      4)   Plan your day

      5)   Observe

      6)    Maintain Balance

      7 )  Focus

     Don’ts:

      1)   Be negative

      2)    Restrict yourself to one vertical

      3)    Pass Remarks

      Mr. Jayant K.Sood further concluded the two hour session by saying that individuals/ students having a   strong belief system can survive and reach great heights in any organization. They need to understand that wherever they go, they can become No.1 and when you are disciplined, focused and a good planner nothing in this world can stop you and sky is the limit for those who come from the same school of thought.

      

      Towards the end, the students had a smile on their faces and looked super enthusiastic for the big day which is tomorrow.

Quality in Healthcare (Mr. Mehernosh B. Dittia, Vice President Talent Development (HR) at Max Healthcare)

INLEAD facilitated an Industry Expert Workshop for HealthcareAdministration - MBA (L) Apr '13 , MBA (L) Jul '13 and MBA (1st Year) July '13 Batches. The workshop was covered by Mr. Mehernosh B. Dittia, Vice President Talent Development (HR) at Max Healthcare. The topic for the session was Quality in Healthcare.

The speaker elaborated on the importance of quality in healthcare. He explained that Quality measurement is a relatively new science and requires a large amount of resources to develop and collect the information. Fully developed and tested measures are only available for reporting on some of the most common conditions or processes of care. Over the past few years, an increased interest in this science has occurred which may increase the rate of quality measurement development and reporting over time. But there is some quality information you can use right now to help you compare your health care choices. He discussed how many public and private groups are working to improve and expand health care quality measures. The goal is to make these measures more reliable, uniform, and helpful to consumers in making health care choices. The students thoroughly enjoyed the talk. They were participative and were curious to know more about the subject. 

Healthcare Administration: Sustainable Quality in Healthcare – FICCI Conference (Healthcare Batch)

32 students from Healthcare Administration - PGD Jan' 13,  MBA (L) Apr '13 (Q2) & MBA (L) Jul '13 (Q1) & MBA (1) July '13 (Q1)  attended the conference - Health Enterprise and Learning (HEAL) 2013 on September 2 – 3, 2013 at Federation of Indian Chambers of Commerce & Industry (FICCI), Federation House, New Delhi. 

India's healthcare sector has become one of the country's largest sectors, both in terms of revenue and employment. Some private hospitals provide world class facilities, so much so that people from third countries come here for treatment giving impetus to medical tourism. On the other hand, is the lack of access to even basic medical care for many people particularly the poor and disadvantaged.  Our medical healthcare system has to be developed to cater to medical requirements of all sections of society, both in rural and urban areas.” Keeping this agenda in mind Federation of Indian Chambers of Commerce & Industry (FICCI) organized  a two day conference Health Enterprise and Learning (HEAL) 2013 on September 2 – 3, 2013.

The conference threw light on the prevailing quality of Healthcare Industry as a whole highlighting the affordability, accessibility and assurance of health services in and around the nation. Issues of Hospital Planning that should be kept in mind for establishing a hospital were also discussed. Day 2 mainly stressed on Patient Safety standards and Claims Fraud Management which highlighted some 10 major common claims on documentation, billing and the emergency department. One of the sessions highlighted the importance of paying attention to maintenance of quality standards and their application. The day ended on a note talking about Telemedicine and the transformation that we can bring in by application of Information Technology in Healthcare with another presentation on innovating low cost methods in Medical Technology with solutions that Industry is capable to provide.

According to Ms Ginny Kaushal, Faculty (Healthcare Administration) - INLEAD: “It was certainly a great exposure and a great platform where in our questionings were handled with all the attention”.

According to Mr. Ashish Dhankar (PGDM in Healthcare Administration April ’13 Batch): “I would like to thank INLEAD for the on-going and the consistent efforts that the institution has always put in to make us aware of the present trends in the Healthcare Industry which actually plays an important role in our careers”.