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Vibranz Second Issue VIMS 2010
Vibranz Second Issue VIMS 2010
Vibranz Second Issue VIMS 2010
e-magazine AR
TE
RL
Y
IS
SU
E
VOLUME I l
ISSUE 2 l
APRIL 2010
Director’s Chat
Editor’s Message
Committee of VIMS
Team Game
FOCUS 2010
Articles
Acknowledgment
Contact us
EDITORIAL
Director’s Message
Dear friends,
Your decision to enroll for our MBA course was one of the best choices you
ever made. This MBA course is not just to provide you with one more
academic degree but it is a complete life transforming exercise.
New tools and techniques are continually being introduced to improve the
efficiency, productivity and profitability of the organisations.
Education in management provides students with the tools and techniques that
they will use to influence their organizational life.
Dear friends,
In today's generation, it is important to look beyond materialistic possessions. We
need gauge things in a more rational manner. With acquiring the right skills and
knowledge, we can broaden our mind sets.
We still have parents who do not understand the importance of education and believe
that business is the right way of achieving monetary gains or achieving financial stability.
However, the beauty of formal education is that it not only helps to enlarge your attitude
but also makes you a wiser person.
This helps to increase the profitability of business we are in or the business we would like
to pursue. This can also help us in difficult times when we want to shift from existing
business to new business because the world has become very fast and competitive.
Today's success is not a guarantee against tomorrow's failure.
¨
only stay in the business but also
expand our business. Higher
education gives you and indebt
KNOWLEDGE
understanding of the business you
are in and what you should be
doing to expand it at a large scale.
NEVER ENDS
This is completely different from
what it use to be few years back.
VIMS can bridge the gap today by providing higher education not only just to increase
our businesses but also enhance in personality development and confidence in an
immense way to meet the corporate requirements.
So, all you businessmen's, just graduates, housewives and all those who are interested
in gaining knowledge and value higher education, here's a platform to broaden the
outlook in both personal and professional life.
SNEHA VISARIA
MBA II & Editor in chief - VIBRANZ
sneha.visaria@ymail.com
Successful launch
of
VIBRANZ
e-Magazine
1st Issue
SUCCESSFUL LAUNCH
of VIBRANZ e-Magazine
CIRCULATION COPIES
150students x 100 friends x 100 friends = 15,00,000 copies.
My heartiest congratulations to you and the entire VIMS Team on the successful completion
of its first year.
I am proud and excited to learn about this initiative which will prepare and propel our young
minds to achieve new heights in the modern world of business. There is no doubt in my mind
that just like the two pillars of our community i.e., Wagad Kala Kendra and Shree Vagad
Graduate Association, VIMS will be the third pillar that will hold us high and will promote
progress, education and prosperity in the Vagad Community.
The e-Magazine that was attached to the email was a great source of information and it
definitely served its purpose of inspiring me to connect and communicate with my
counterparts in the Vagad Community. As I went through the e-Magazine it was easy to
observe the unparallel wisdom of our elders and the radiant energy of our youth, a
combination which can only result in success.
It would be my pleasure to share and exchange knowledge with the students of VIMS and I
would like to discuss the opportunities on how we achieve that. I believe that we have to
leverage technology to its fullest extent for the exchange of information, after all, a cutting
edge institute like VIMS should strive to bring down the barriers of distance and make the
world a global classroom.
Regards,
Kalpesh Shah
Dear Sneha, Well, good to see that the Vagads are implementing
plans to make a better future.
Hearty congratulations for I liked many things written on it specially about
your sweet E-Magazine.You positive thinking. I appreciate the lines written to
deserve it for your hard-work encourage women in our Vagad Community.
and sincerity. Hope you maintain
the same in future. Varun Chheda
MBA
Regards, UK, London University
Dr. Mansukhbhai Jain
Dear Sneha,
Love
Rashesh
-----------------------------------------------------------------
Rashesh M. Rambhia , Founder & CEO
(MBA (Australia) Goldmedalist)
MAGiTEK Business Solutions ( Marketing and Brand Consultants)
Seamour Consulting Inc.(Finance and investments) (Malaysia ,
CANADA)
Prakash Shah
Director
SEJAL INSURANCE BROKING LTD.
Excellent work. Congratulations to all of you. I had heard about VIMS but through this e-
magazine, I can know everything about it.
I will be willing to share any information as far as my profession or related professions are
concerned.
Hi Sneha,
I was not knowing that you are the editor of this e-Magazine. I just casually opened and read the
Editor's Message and got a sweet shock that Sweety(Sneha) is the editor of such a wonderful
magazine..It is really nicely complied, carefully organized and meticulously edited..
Great job.Hearty congrats.
Its been a wonderful magazine VIBRANZ! Lot of hard work that seems to have got an icing
on the cake through your presentation!
Vijay Sir pulls off one more gem from within his multiple talents!
Thanks to you Dr. Vijay Sir. I feel obliged! I feel blessed!
Regards,
Magic Woman Team
Motilal Hirji Gada, Jayesh Velji Faria, Dipesh Dhanji Shah
Tejas Harilal Chhadwa & Pratik Motilal Gada
Dear Vijaybhai,
I congratulate the students for coming up with a good magazine and the Vagad Samaj for their
foresight in promoting the VIMS MBA Institute. The entire Kutchi Community is indebted to you
all for taking up this cause which welcomes students from any Kutchi community.
I pray that VIMS becomes the catalyst for shaping up future stars for India in the world of
business.
VISION
“Help mankind across the globe through the medium
of best management practices.”
MISSION
To provide our students with best facilities,
ongoing career support and exclusive academic
programmes aimed at equipping them
with rare skills which are in demand.
OBJECTIVE
To turn Vagad Institute of Management
Sudies into a World Class Business School.
To put Vagad Samaj on the World Map in
the field of education
Commiitee of VIMS
COMMITTEE
MEMBERS
DHANEEK SATRA
MBA in Cheung Kong Graduate School Of
?
Business (CKGSB-Batch 2008)[Shanghai –
Beijing, China]
internet is panacea
His ideas to use technology to its fullest is
(cure of ill) of all our business
very much useful in today's world be it
information and updates. Social
sms or email or internet. This will help
networking has gone to a new online
them with creating USP (Unique Selling
platform with Orkut , facebook , twitter ,
Proposition) which each one of them
linkedin , Ecademy which is growing in
should have for their long term prospects
the western world will definitely get
in business and Life.
bugged to Indian business soon. Thus
encouraging them to use these platform
I am sure all our reader of this article and
will drive the networks to northward
students of VIMS will be benefitted by
direction for sure.
your experience of CKGSB, China and
ISB, India in future prospects.
While he explained in detail the
importance of business networking
your circular diagram of social
Speaker: Dhaneek Satra
networking wheel was great and gave us Location: VIMS Campus,
impetus to utilize it further. Ruparel, Matunga.
Date: March 7th 2010
GAINS
from MBA Programme
A wife...
RANJAN DILIP NANDU
Ranjan Nandu, wife of Dilip Nandu. I am a
housewife.
A son...
Educational Tour
Alok Industries
It is one of the biggest industries in India. Worth more than a whopping 4000 cr., the company employees
5000 people. They specialize in manufacturing and marketing of Cloth Products and one of their biggest
buyers is Wall-Mart. On our way back from Alok Industries, we went to Tithal and stayed there in
Dharmshahla that belonged to the Jain samaj. The beautiful museum filled with the arte-facts adds up to
the serenity and the divinity of the place.
Day 3: 12th March
Like always, we set off early in the morning after breakfast to reach Paper Company by 10
O'clock. It was a friendly company where we got a warm welcome by everyone along with the
workers who needed a much deserved break and a reason to feel proud.
Vasudhara Dairy
Milk is known for not just its nutritional values but also its purity. Vasudhara Dairy has been a major
player in the milk industry for a long time and is known for providing a very good and handsome
return to the milkmen community even while not taxing the consumer too much. Their strong
association with Amul only goes to prove the fact that when people work in unison, everyone is a
winner.
Many Thanks to Vagad Chowisi, Mr. Mansukh Jain, Mr, Vijay Satra, Mrs. Kalpna Satra, Mr.
Rajesh Dedhia, Mr. Nirmal Joshi and Seniors who made this tour an enlightening one.
-Dhiraj Charla
MBA I
SUNDARAM MULTI PAP. LTD.
Mr. Amrut Shah, Chairman, MD
VASUDHARA DAIRY
It produces and
markets milk and ghee
(clarified butter) for the
local market under the
Amul brand name. Its
current capacity is 4
lakh litres per day.
EURO GROUP OF INDUSTRIES
The Euro Group has witnessed a meteoric
rise since inception which was 18 years back.
Setting our feet first in the plywood business with
the brand Euro Ply, they later broadened the
horizons considerably to offer an array of products.
Manufacturing facility is situated at Taluka
Bhachau, District- Kutch, Gujarat.
EURO MICA
& EURO VENEER
SNACKS GAMES
&
PRESENTATIONS
BUSINESS PLAN
MBA
MBA IIII MBA
MBA II
All the 10 group of MBA I & II had to present BUSINESS PLANS of their existing business or new
business at its own and it was a great experience for all of us.
DRAFT
BUSINESS PLAN
PRESENTATION FORMAT
1. Overview:
The slide is the same as the last Summary slide – “Tell them what you are going
to tell them and then tell them what you told them.” The slide should have about 5 points
hierarchy of messages on it with the number of words minimized. The first two points
should explain the market opportunity. The Company’s leadership role should show up
in the 3rd point. The last point should be the most “specific” e.g. “cash required to
breakeven is X.”
The Overview/ Summary slide will need to be interactively honed as the rest of the
presentation is perfected. (Personally, I like to make a trial cut of this slide at the
beginning of the process of creating these presentations).
2. Market Section:
Getting this section right is about 90% of the hard work of putting together the
presentation. Obviously, this is because it is this section which states the strategic case
for the Company. Why does the world need a new company to do this? Why isn’t this
just a product opportunity, not a company opportunity? The market must be described in
such a way that it has several characteristics (if the company is to be interesting). The
market (segment) must be emergent – i.e. cannot be much larger than your company by
definition. The ultimate market must be open endedly large. The market opportunity
boundaries must be outwardly movable. Your company must be able to be the market
share leader of the defined market.
Four to five slides are the maximum here to describe the “opportunity.” There
needs to be a clear hierarchy of the flow of the messages from the first to last of these
slides (as well as from the top to the bottom of each slide). By the last slide, the
opportunity “market need” should be tightly enough defined that your company’s product
offering is an exact fit.
You will note if you review this format that the emphasis is on the “market”
description and only then the fit of the Company’s product/services, distribution, and
competition. The formula for success in our business (“build the leader of an emergent
large market”) is so simple (if elusive) that we sometimes lose sight of it and do not
always apply it rigorously as an acid test. We all know how hard it is (particularly in
software) to get the “right” market definition (which is both realistic and allows the
company to be the market share leader of an interesting market). The annual money
raising process is the incentive to rethink this market leadership targeting formula. The
rest of the Company’s BPP falls into place if the Market Section can be gotten right (and
vice versa). Looking retrospectively, has there ever been a significant venture success in
IT products that were not “market share leader in an emergent large market?”
Business Plan
3. Product Section:
This 3 – 4 page section is a description of the Company’s product. It should be an
exact fit with the needs laid out in the prior market opportunity section.
4. Technology:
This 1 – 2 page section is intended to establish the proprietary nature of product
and the intellectual property of the Company.
5. Distribution:
This 3- 4 slide section should describe how the Company will market and sell its
product. It should cover the sales successes to date (such as partnerships). Pricing
strategy should be covered if especially pertinent in this case.
6. Competition:
This 1 – 2 page section is critical since uniqueness is always paramount. If the
Market Section has been done right, this section is pretty easy and vice versa. Obviously,
we want our companies in the upper right corner and all alone when we draw a Gartner
market map.
7. Management:
This one slide section will need to be located just behind the Overview if the
audience is new and establishing personal credibility is essential before laying out the
Company’s ideas on the market opportunity and product needs.
8. Financials:
This section should include P&L, BS, and Cash Flow information going back two
years and forward three years. Monthly or quarterly for recent and near future periods.
9. Capitalization:
Who owns what and for how much?
702:ACP:nlh
10. Risks:
This one page section should attempt to clearly identify the top three or four Risks
to the success of the Company’s plan. Sooner or later investors will understand these so
management should lay them out and address them explicitly.
ON THE WAY TO COMPLETION
OF SECOND YEAR
LIST OF MENTORS
LIST OF MENTORS
GROUP NO:1
Sr No. Name
1 Anup Nisar(GL) anupnisar86@gmail.com
2 Ashish Salva ashishsavla76@gmail.com
3 Hitesh Shah hitz1111@gmail.com
4 Krunal Gala krunalgala86@gmail.com GROUP NO:7
5 Nayan Shah nayanshah83@gmail.com
6 Pratik Shah pratikdude86@gmail.com Sr No. Name
7 Vinit Gala vinitgala87@gmail.com 1 Bhavin Shah bhavinpatang@gmail.com
M Rushabh Chheda rushchh@gmail.com 2 Chaya Gala(GL) chhayagalab13@gmail.com
3 Dimple Shah dimplekhirani@gmail.com
4 Hemal Salva hemalsvla@gmail.com
GROUP NO:2 5 Hetal Savla hetalsavla19@gmail.com
Sr No. Name 6 Jigar Buricha jigarburicha22@gmail.com
1 Chandrakant Nishar cbshah31@gmail.com 7 Kanchan Faria kanchanfaria.86@gmail.com
2 Dilip Nandu dilipnandu@gmail.com 8 Krupa Gada kgada77@gmail.com
3 Hiral Faria hiralfaria@gmail.com 9 Kushal.C.Shah shah.kushal21@gmail.com
4 Khamir Nandu khamirnandu@yahoo.com M Amruti Savla amrutisavla@gmail.com
5 Kinjal Gala kinju18@gmail.com
6 Kinjal Nandu(GL) nandukinjal@gmail.com
7 Mayur Nandu nandu.mayur@gmail.com GROUP NO:8
8 Shreya Chheda shreyacheda@gmail.com
9 Sneha Visaria swity20f@yahoo.co.in Sr No. Name
10 Tarun Nandu tarun874u@gmail.com 1 Deepti Shah deeptish85@gmail.com
M Sanjay Faria sanjay.m.shah@indiatimes.com 2 Dinkle Faria coolscorpion_1983@yahoo.com
3 Dipali Salva dipalisavla@gmail.com
GROUP NO:3 4 Dipesh Shah dipesh.shah.8@gmail.com
Sr No. Name 5 Hemal Nisar hemalnisar@gmail.com
1 Dimple M Shah dimpleshah15@gmail.com 6 Kirtida Shah krtdshah@gmail.com
2 Hemal M Shah hemal92@gmail.com 7 Motilal Gada motilalgada@gmail.com
3 Kalpesh M Gala kgala9@gmail.com 8 Pratik Gada magicmirror11@gmail.com
4 Mubin Loladia mubinmba@gmail.com 9 Tejas Chhadwa tejas20008@gmail.com
5 Nikunj Y Gala niksgala080787@gmail.com 10 Viren Gada(GL) vbgada@gmail.com
6 Nipul C Soni (GL) nipulsoni@gmail.com M Mitesh Gala miteshbgala@gmail.com
7 Sagar D Savla savlasagar7@gmail.com
8 Vijay N Shah vijay280188@gmail.com
M Bharat Gala adv.bkgala@gmail.com GROUP NO:9
GROUP NO:6
1 Nimesh Faria 9819059171 nimeshfaria@hotmail.com
2 Jinal Shah 9819697563 missjins_1428@yahoo.co.in
3 Harsh Gala 9987993184 harshgala85@gmail.com
4 Mihir Gogri 9869547237 mihirgogri@yahoo.com
5 Parth Satra 9987309030 parthsatra@gmail.com
6 Kunjal Satra 9819919760 kunjalsatra@yahoo.in
7 Nilesh Gala 9820445231 infoatvaishali@yahoo.co.in
Viren Gada 9820486809 vbgada@gmail.com
TEAM GAMES
Coffee with the Dean
Brainstorming Session ü
Forming communities on orkut, face
book etc.
Place: Dr.
th
Vijay. Satra's Residence ü
Library facilities,
Date: 07 Feb 2010 ü
Awards and appreciation to students
Goregaon(w).
Time: 10:00 AM ü
Placements
ü
New Ventures
v
Agenda of Brainstorming Session: ü
Students Council
ü
Increasing student’s participation in all Present at the Session:
activities of institute
ü
Making institute self funding in working 1) Dr. Vijay. Satra.
ü
Add on courses to be introduced to make 2) Mrs. Kalpana. Satra.
the MBA more useful to students in real 3) Dr. Hemant. Rita.
life. 4) Mr. Nirmal. Joshi.
ü
Possibilities of awarding Certificates and 5) 23 students from Part I and
Diplomas to our students, Part II MBA.
ü
Forming Alumni association
S ession started sharp at 10:00 AM and after
having a three hour brainstorming on the agenda,
F) For now no screening methods to
be introduced. However, Interview
between the members present the following points method of screening would be
were concluded upon:
used for outsiders to check their
A) Knowledge enhancement sessions to be
basic eligibilities. Other methods of
carried out regularly in presence of a guest,
screening would be introduced if
who will screen the presentation and the
required.
presenter and give them the feedback, it will
G) VIMS to launch its own Website. It
be compulsory for every student. A schedule
will be inaugurated during Focus
on presentations would be fixed in advance so
2010. Dipesh Shah, MBA II
as to make them interesting.
student has taken the initiative for
B) Lectures on Sunday will be held from 9:00 am
the website development.
to 12:00 noon. After 12, one hour will be for
H) For library, right now there are
students for extra activities like management
plans to tie up with some private
games, debates, book review etc. Every
libraries depending on our
Sunday it will be made compulsory for
requirements.
students to wear formals. Boys will have to
I) Awards and appreciation to be
wear a Tie and girls either salwar kameez or
introduced for students for their
business formals with scarf.
extra ordinary efforts in any field.
C) Fees from next year not to be increased and
J) Website will contain the placement
also no concessions to be given. However,
portal, and if anyone wants the
extra amount of Rs.1000 would be taken as
placement may register their name
activity fees, which will be utilized for picnics,
to Mr. Nirmal Joshi.
short Industrial visits and other activities.
K) Students' council to be formed for
D) Funding is possible through sponsors and
various activities. Everything by
companies doing research projects. This will
students and for the students.
give student the chance for experience and
give them monetary incentives. Also, full fees
will be charged from the students who are not
L) Focus 2010 is
scheduled on last Sunday of April,
eligible but want to sit lectures for knowledge.
depending on the availability. It is
A different bank account on the name of VIMS
planned to have Business Plan
is proposed for this.
Competition in Focus 2010. Some
other activities are also planned
E) Add-on’s to be introduced to make the such as Panel Discussions,
course more meaningful were suggested.
Debates etc.
These are courses in Foreign Language,
M) Second issue of E-
Journalism, Art of living, Communication skills,
Magazine to be launched after
Lateral thinking, I.T. training, copy-writing etc.
Industrial Visit. Group no.9 both
Also some courses post MBA to be started,
from part I and II MBA, have to
and certificate and diplomas to be awarded by
give articles for E-Magazine.
the name of VIMS to such courses. Also live
projects and social service projects to be Vote of thanks was given by
undertaken by students. Mitesh.B.Shah. concluding that its upon
the students to come forward and take
the initiative and plan the activities which
will bring out overall development of
2010
VAGAD INSTITUTE OF MANAGEMENT STUDIES
Day Programme
“One for All, All for One”
FOCUS
2010
SEMINAR ON INNOVATIVE MARKETING
Venue: Navinbhai Thakkar Auditorium, Vile Parle
Date: 25th April 2010
You have seen “FOCUS-2010” programme. The programme was about celebrating completion of two year of the
institute. It was grand success. The programme was highly appreciated by each one who was present in the function.
Over 600 persons attended the programme. The secret of success was the “Team Game”. I am very happy to say that
all of you without any exception played as a true “One Team” and contributed towards victory. Most of the student
whether from a committee member or not, contributed in a positive manner.
What is true for yesterday's “FOCUS-2010” is true in the real life business situation. When the entire organisation works
towards one focused purpose, the goal is bound to achieved.
Vagad Institute of Management Studies is established to provide quality management education to Vagad and Kutchi
Community students at an affordable cost. It aims to bridge the gap between full time MBA course and not doing MBA
course altogether and giving up study after graduation.
Innovative Marketing
was the heart of FOCUS 2010 concentrated on
Non-Internet and Internet Marketing
to enhance your business with minimum cost
with maximum profits margins and brand building
Y
ou proved it right. When a team plays together as one unit, success is bound to come.
All our students displayed remarkable achievement by making FOCUS-2010 GRAND
SUCCESS. Some students were very prominent in the entire vent while a few chose to
work behind the scenes.
The Core Committee worked hard for overall supervision and execution. Chandrakant
Nishar, Dilip Nandu, Shailesh Chheda, Mitesh Faria, Rasik Faria and Chetana Gada did
remarkable job.
Event management committee students Hemal Nishar, Dhaval Gala, Navin Shah, Nilesh
Gala and Dimple Shah worked hard to make the PowerPoint for the 50 Marketing Tips and
presented it very nicely. PPT was not only well prepared it was also well researched.
Other event management committee members Chhaya Gala, Heena Shah, Amit Nishar,
Mitesh Gala, Mukesh Chheda, Jigar buricha, Viren Gada, Dhiraj Charla and others really
worked hard to make the programme successful.
Dimple Shah (R) presentation style on 50 marketing tips was great. Style was
lucid and graceful.
We were honoured by the presence of our Mentor who are acting as our friend philosopher
and guide. Mentors Jitendra Nandu, Amruti Savla, Heena Gada, Rushabh Chedda, Sanjay
Faria, Dr. Jayesh Nishar, Sameer Dedhia, Monica shah and our well-wisher Dhaneek Satra
attended the function.
Nirmal Joshi, Prashantbhai and Sanjay were deservedly called on the stage to express our
thanks to them.
Sneha Visaria single handedly worked hard
to meet the set deadlines and successfully
released the second issue of VIMS e-
magazine VIBRANZ.
Compere’s Heena
Shah, Amit Nisar and
Dhiraj Charla (L-R) did
managed to keep the
crowd at the edge of
their seats with their
charm and spell.
Big Thanks to all of you for all good things you have
contributed directly and indirectly for the success of
programme.
First of all I would like to thank the entire VIMS team and especially Dr.Vijay Satra for coordinating this
presentation and giving me the opportunity to share my thoughts.
But more importantly I would like to congratulate each and everyone in the audience, because by
coming to this presentation and willing to learn a new approach you have already taken the first step
towards improving and advancing your business and the NEXT STEP is implementing this new
approach
About two months ago I contacted Dr. Satra to congratulate on the successful completion of first year
of VIMS and that's when he suggested that I have been in US for over 9 years and that I should share
my observation on some of the approaches that US companies have towards marketing their products
and generating a brand image. A conversation that I have had often with my father regarding is “WHAT
ARE THE USA COMPANIES DOING SO DIFFERENT?” How are they selling a Rs. 200 shirt for $80
(Rs. 4000)
I will tell you one thing …they are NOT DOING MAGIC!!!! But what they ARE doing is using technology
quickly and wisely to attract and keep customers. In US management program there is good emphasis
on marketing and managing customers. They say that you could have billion dollar product to sell but if
you don't have marketing skills it will never sell but if you have great marketing approach you could
even sell stones.
There is a lot of emphasis on technology in marketing in USA. For example: during lunch time I can
order a burger online and beat the rush during lunch, the convenience of ordering from my desk or I-
phone. I can even order an entire car online, example Honda. From ordering a burger TO picking my
seat on the flight TO buying a car you can do it online. The focus of this example is not what is being
sold online but the fact that companies big and small are realizing importance of technology and
incorporating that in their business strategies.
Customer's preference and convenience is rewriting the way they do business. Customer has
access to lots of information and OPTIONS!!!! For example, shopping for clothes, the customers are
before hand checking out the new stuff online before they actually go to the store. Receive discount
coupons in email.
You Need to Change with the Changing needs of the Customer and remain Competitive. As I
mentioned earlier, US companies are quickly and wisely using technology. They are constantly
analyzing their customers and their preferences and based on that they create their marketing
campaign. Example Amazon.com giving customer other things that they may like based on what they
just bought.
All the approaches mentioned will not work for everyone. Based on your customer profile you need to
pick appropriate technology for marketing your product. They also use technology to retain customers
by creating customer loyalty program. Example the airline sky miles program, which is systematic and
organized technology use to retain customer and provide good service.
Thank you for listening to me and if you have any questions please let Dr.Satra know and he will call
me.
GUEST OF HONOURS
We express our gratitude to Shri Nagji Keshvaji Rita CMD Inventure Growth and Securities Ltd. for sparing his
valuable time and chairing the session as President of function.
We are also thankful to Shri Chimanlal Ramji Savla, Benzer group, for honouring us by remaining present as
guest of honour and sharing his valuable experience with us and revealing his secret of success.
Shri Laxmichand Charla, president Shri Chovisi Mahajan graced the occasion. He was accompanied by other
committee members Shri Chhaganbhai Nandu, Shri Talakshbhai Patani and Shri Shantilal Satra.
The auditorium was packed to more than its capacity with quite a few people neglecting the stress on their
knees for the overwhelming programs and ideas being presented. Around 600 people attended the programme.
They took back with them over 50 simple yet effective marketing techniques to increase their business. They
learnt the art of internet marketing to attract and retain the customers. The love and the affection of the students
was an icing on the cake that had a plethora of ideas embedded in it.
We are also thankful to all our invited guests who accepted our invitation and attended the programme.
We are also thankful to various shops who helped us in distribution of passes they are Shri Dilip Nandu of Silver
stores, Kirti Gala of Milan Timber Mart, Madhusudan Gala of Vimco (Rangwala), Vinod Gada of Ceramic
Plus,Bharatbhai of Jyoti Mouldings, Navin Savla of Style, Dharmesh Rita of Kaveri Design Studio, Bharat shah
of hina Optics, Rasik Faria of Dollar Shop.
We express our sincere gratitude to Shri Rameshbhai Virji Furia, CMD Zodiac Developers Pvt. Ltd. And Zodiac
Ventures Ltd. for their support by sponsoring programme. Shri Rameshbhai's son Jimit and daughter Yesha
attended the programme.
VIMS successfully launched its Website called
vagadinstitute.com
vagadinstitute.com
vagadinstitute.com
which is now a registered domain name.
Dipesh Shah has single handedly prepared and
launched the website at FOCUS 2010.
EXPERIENCES
Navin Shah
SIYONA, MD
MBA I
PARAS BAGS
Mfg. & dealers in Soft Luggage & College Bags
MUKESH M. CHHEDA
PARAS BAGS, MD.
MBA II
Mob.- 9892277207
mukeshm307@gmail.com
M
anufacturing more than 300 products like college bags, school bags,
back-packs ,traveling bags, office bags, pouches & many more.
Products are made up of Indian and Imported material, specialty
water proof material are used like pvc coating matty, nylon ,cord material,
material used is very sturdy and long lasting. We also make complimentary
item like gift bags are made for corporate with their name and logo printed on
it. Each and every bag that is produced is being checked by quality control
team, maintaining high standard of quality.
For marketing our product we have more than 300 dealers across Mumbai. We
are also supplying to many wholesaler who are forwarding our product to all over
India through their channels. Our dealers are directly dealing with individual
consumer as we have more than 300 plus product range, so we design product
catalogue which is very convenient and easy for customer as well as our sales
executive to recollect all the product every time they visit for booking orders. Our
very strong USP is that most of the product in which we deal, we have the ready
stock available, so that we can satisfy our customer. All our product have tags
and labels which caries our brand name for branding purpose .We are providing
to our dealers various branding items such as banners , calendars ,stickers etc..
We market our product with brand name “PARAS”.various schemes are being
offered to our dealers on target achievement and discount are given on bulk
orders.
As like other business we also have healthy competition from other brands. Now
days we also have strong competition from imported bags coming from Hong Kong, Taiwan and China. Now a day big corporate
like V.I.P., and SAMSONITE also emerge as our strong competitor like many companies product, our product .Design is being
duplicated by small venders with law quality material and fittings.
Our strength is that having so many years' hard work we had developed reliable and
trust worthy brand. We have wide range of product under one roof .any time
availability of product is our strong USP, we have special division for after sales
service to develop strong trust among our customer.
Our weakness is our major focus is still on local market. small vendors are
duplicating our product with minor changes and doing competition .political drama
and high cost of living in Mumbai, we are facing shortage of skilled labor trend is
changing very fast so we are facing dead stock problem.
Our threat is that product design changes very fast so we have to be very alert. As
labor intensive job people are not ready to work hard so employee turnover is very
high .We are in production business, our raw material prices are changing very fast but our finished product prices we cannot
change at that speed. We are not getting any support from government, very high vat tax and excise duty.
Our future plan is to capture new markets, making new products .designing
better products which are easy to carry and handle, using sturdy materials
.we are also planning to tie up with retail chains to sell our product
Always listen to your customers carefully, at any point of time don't make
him wrong. In business always give importance to people who work for you
because with good team of people you can make wonders in business.
branding is long term process you have to invest in it to reap the benefit in
future .next time whenever you think of bags think “PARAS BAGS “.
ARTICLES
VIMS Articles
50 MARKETING IDEAS
FOR RETAILERS
Retail Marketing or Retailing
Selling of merchandise directly to the consumer. Retailing began several thousand years ago with
peddlers hawking their wares at the earliest marketplaces. It is extremely competitive, and the failure
rate of retail establishments is relatively high. Price is the most important arena of competition, but
other factors include convenience of location, selection and display of merchandise, attractiveness of
the establishment, and reputation. The diversity of retailing is evident in the many forms it now takes,
including vending machines, door-to-door and telephone sales, direct-mail marketing, the Internet,
discount houses, specialty stores, department stores, supermarkets, and consumer cooperatives.
Small business owners can easily get too involved in the day-to-day operations of their retail stores to
spend any time brainstorming marketing ideas or promotional events. Some retailers worry that
marketing is too expensive, others may find it too time consuming. Without announcing who you are
and what you sell, how will anyone know?
Here are 50 marketing ideas for retailers.
1. Create a classy calendar for customers with your firm name 30. Donate your product or service to a charity event or
and contact details on it. auction.
2. Print a products brochure to sell or services offered along 31. Have a Yellow Pages ad listed under your main industry and
with your business cards. in related categories.
3. Always carry business cards with you. Give them freely and ask 32. Volunteer your time to a charity or non-profit
permission to leave them in places your target market may visit. organization.
4. Join a trade association or organization related to your 33. Create a loyalty program to reward existing customers.
industry. 34. Create an opt-in email or print newsletter for your
5. Have a drawing for a product or a gift certificate. Use the entry customers. Fill each edition with specials, tips and other
forms to collect customers' database. timely information.
6. Develop a presentation of services your shop offers. 35. Send hand-written thank you notes to important customers
7. Conduct monthly workshop about a product or service you offer every chance you get.
or schedule semi-annual seminars on related "how-to" information 36. Use brightly colored envelopes and unique stationary
for your industry. when sending direct mail pieces.
8. Print a tagline for your business on letterhead, fax cover 37. Show product demos or related videos on a television on the
sheets, e-mails and invoices. sales floors during store hours.
9. Develop a website to showcase your products, services and 38. Book a celebrity guest for an event at your store. Use
location. Use a memorable URL and include it on all marketing people in your industry or television news anchors or local
materials. authors.
10. Include customer testimonials in your printed literature. 39. Create window displays in locations away from your shop.
11. Promote yourself as an expert by writing articles or tips on Airports, hospitals, and large office buildings occasionally have
topics related to your industry. display areas they rent to local businesses.
12. Submit to the local newspaper, trade journal or other 40. Team up with a non-competing business in your area to
publications. offer a package promotion.
13. Host an after-hours gathering for your employees and their 41. Pick the slowest day of the week to hold a one-day sale.
friends/relatives. 42. Create a warm, welcoming waiting area for your
14. Provide free t-shirts with your logo to your staff to wear customers.
as a brand building exercise. 43. Provide extra customer service training for your staff.
15. Send newsworthy press releases as often as needed. 44. Sign up for a newsletter or join online discussion groups
16. Create an annual award and publicize it. in your industry.
17. Develop your own TV show on your specialty and present it to 45. If possible, loan your facilities to other groups for a meeting
your local cable station or public broadcasting station. place.
18. Create a press kit and keep its contents current. 46. Create a unique lapel pin based on the products you sell
19. Use an answering machine or voice mail system to catch to wear at meetings.
after-hours phone calls. Include basic information in your outgoing 47. Choose a regular customer to spotlight as a Customer of the
messages such as business hours, location, website, etc. Month. Create a brief write up to submit to the local newspaper
20. Join a Chamber of Commerce where you can network about the customer and be sure to give he or she a copy of the
with area business owners. article as well as have one framed to hang in the store.
21. Hold an open house. Invite prominent city officials and the 48. Pair up slow moving items with related products and
press. repackage as a special buy.
22. Get a memorable local or toll-free phone number. 49. Start a blog. Write about your industry or detail in-store
23. Place ads in publications your market reads. Be sure to reach happenings.
the non-English speaking market as well. 50. Offer your customers discounts for each referral they
24. Distribute specialty products such as steel pens, mouse provide.
pads or mugs with your store's logo or name printed. Marketing is most effective if done in coordination with other
25. Advertise in creative locations such as park benches, buses exposure. Enhance the above efforts with additional signage,
and popular Web sites. newspaper ads, displays and radio ads. Remember to tailor each
26. Improve your building signage. event for your target audience. If your message isn't being
27. Get a booth at a trade show or expo attended by your target delivered to the right person, it may be a wasted effort.
market.
28. Give a speech or volunteer for a career day at a high Article Source: Management Website, Google
school.
29. Sponsor an Adopt-a-Highway area in your community to keep -Mittal Bauva - MBA II
roads litter-free. mittalbauva@gmail.com
MARKETING IDEAS
How to Become
an Innovative Thinker?
I had coffee with an entrepreneur last week who was worried that business was stagnant at her small, 20-person
IT services company in New Delhi. She was looking for new ways to grow and asked me: Do you have any
good business ideas I can use?
Stop looking for good ideas. That's right, you read this correctly. Please don't tell me about another good
idea ever again. Instead tell me about good problems. They will most likely bring a business opportunity,
On one hand, people complained that they could not find a good driver or maid and on the other hand if you
look outside we are surrounded by people desperately looking for a good job. Hiring usually happens
through word-of-mouth and referrals. But when Sean asked around, he noticed that there were many who
had similar problems. Born was babajob.com, a company that connects employers with workers via web and
SMS. He left Microsoft in 2007 to run the company full time, which now has 15 employees and 37,000 job
profiles in the system. It took a foreigner with fresh eyes to identify the problem and come up with a
solution.
Another example is Ashish Chand and Dhruv Agarwal, who noticed that a lot of families were bringing their
children to their casual-dining Chinese restaurant in Gurgaon. When they talked to customers about it, he
realized they didn't have many smart casual dining places to take the whole family. They were looking for
something nicer than the cafeteria-style Haldirams but was still kid-friendly. So they turned the restaurant,
Crazy Noodles, into that kind of place, with crayons, puzzles, and free caricatures for children. Even the
glasses, which have rounded bottoms so they bounce around, are fun. They now have several restaurants
with two in the NCR region and are starting to set up additional franchises.
Do you have the skills needed to solve this problem?
Once you have identified your problem, assess your skills fairly and make sure that you have the capability to
solve it. It's okay, if you don't, you just have to find somebody on your team that does. (Refer to my previous post
on teams)
If a solution does exist, that does not mean there is not a better one waiting. Perhaps there is an opportunity to
make a more efficient or elegant solution, or a faster or cheaper one. Electricity and water shortages are big
problems in Delhi all the time, but many of us who can afford to, have solutions in diesel generators and water
storage tanks. When my water tank runs empty (and if my neighbors don't have any extra water to spare) I can call
a water truck to come and fill my tanks. Unfortunately, there is no comparable service for electricity. So if my
generator goes out for some reason and it is a hot summer day in Delhi, I have to keep cool the old fashioned way,
and take a cold bath with a bucket of water.
When you think of the problem that you are going to solve, ensure that:
1. You are tackling it for a sizable market
2. People are willing to pay for your solution
3. You assess your rivals
The last one is important. Never think: “I don't have any competition.” I cringe every time I hear those words
because you always have competition! Sometime it is just the current, inefficient or expensive way and having a
better solution does not always win. Your solution needs to be attractive enough that people are willing to make
the investment in your product or service and change to the 'new' way.
So the next time you hear yourself or your friends complaining, stop and think. You may have found “your”
problem to solve. Now that you have your idea, go forth and build your solution.
Dhaneek Satra
MBA, CKGSB [Beijing,China]
Exchange Student at ISB, MBA [Hyderabad, India]
QUOTATION OF FAMOUS PERSONALITIES
Source: desicolours.com
SNEHA VISARIA
MBA II
FREQUENTLY
ASKED
QUESTIONS:
VAGAD INSTITUE OF MANAGEMENT
VAGAD INSTITUE OF MANAGEMENT
FREQUENTLY ASKED QUESTIONS:
1. Why Vagad Institute of Management?
A. The Institute is established to provide at affordable cost quality management education to
Vagad Community students. It aims to bridge the gap between full time MBA course and not
doing MBA course altogether and giving up study after graduation. The ultimate objective is to
turn it into a world class management school.
5. Which MBA is better? From Vagad Institute or say Welingkars, Bajaj, Somaiya etc?
A. We recommend students to join full time 2 years MBA course offered by other institutes like
Welingkars, Bajaj, Somaiya, NMIMS etc. They have more time to conduct and complete the
study. They have better infrastructure, but for any reason students cannot join full time 2 years
MBA, then they should go in for part time 3 years MBA offered by Mumbai University. But if
students cannot join either of the above two, then our institute's MBA is recommended.
Semester I
1. Managerial Economics
2. Organisational Behaviour
3. Management Accounting
4. Principles of Management
5. Quantitative Methods
Semester II
1. Research Methodology
2. Fundamentals of Computers
3. Management of Information and Data Processing
4. Marketing Management
5. Business Environment & Law
1. Financial Management
2. Operations Management
3. Personnel Management Industrial Relations
4. Operations Research
5. Strategic Management
6. Relational Data Base Management System
7. Entrepreneurship and Management of Small Business
8. Elective - I
9. Elective – II
10. Elective – II
11. Project Work
Elective Subjects:
1. Marketing
1. Marketing Research
2. Product Management
3. Advertising & Sales Promotion
2. Finance
1. Management of Financial Institutions
2. International Trade, Finance & Documentation
3. Investment & Portfolio Management
3. Retail Management
1. Introduction to Retailing
2. Store Operations & Management
3. Retail Buying & Merchandising
ZODIAC GALAXY
Intr
SATRA PROPERTIES (INDIA) LTD. launches...
· Located at strategic location Shimpoli Road, Borivali (West ), the self -contained Western Suburb.
t
· Connected with major road and rail routes, like Link Road, the Western Express Highway.
t
· Borivali station is just 5 minutes away.
t
· Proximity to Schools, Colleges, Hospital, Temple
t
· Cinema , Shopping malls, Restaurants are added pleasure.
t
· The Kanheri Caves and Sanjay Gandhi National Park, located at Borivali (E), are also easily accessible.
t
· Proximity to Gorai will give you access to such envious weekend Resorts like Essel World and Water Kingdom.
t
· Famous nearby landmarks include the Veer Sawarkar Garden
t
· Aesthetically designed 16 floors residential towers.
t
· Spacious 2 & 3 BHK apartments.
t
· 3 wings.
t
· 5 levels of parkings.
t Corporate Office:
· Club house.
t Satra Properties (India) Limited.
· Swimming pool.
t 2nd floor, Dev Plaza,
· Podium garden with children play park.
t Opp. Andheri fire station,
Admissions
f o r A c a d e m i c Ye a r
2010-2011