AN INNOVATION DRIVEN B-SCHOOL VIGNANA VAHINI » Issue 6, Vol. 6, May 2019 aTable of Contents 1. Article of the Month, 1 2, Papers presented and papers published by Faculty 03 3. FDPs attended by Faculty 03, 4, MDP programs conducted by Faculty 03, 5. Placements — 25th Batch (Class of 2017-19) 04 6. SIP ~ 26th Balch (Class of 2018-20) 04 7. WIM in the NEWS! 05ARTICLE OF THE MONTH What Skills are Todays B- schools Providing For Tomorrow's Managers? Management is so all-compassing. The skill set is very extensive and it is something that good managers continue to develop and refine. For B school graduates, the skill gap is a two-way challenge, while students don’t get commensurate returns on their investments and industry doesn’t get qualified, properly trained and employable future managers. Today’s B Schools have to adapt themselves as industry is in the process of transforming traditional firms into digitally enabled which are service oriented in nature. The innovation in today’s B Schools depends on training the B school graduates to become industry ready managers, leaders and change agents than providing a mere employment opportunity, through teaching — learning process, also called “Outcome Based Education” (OBE). Today's B-schools provide a three-pronged strategy which is nurture (practice), connect (effective learning) and grow (teaching and development) to mould 8 school graduates into tomorrow's managers. Thus, the pedagogy used in today’s B-Schools is practice driven with industry expertise showcased in the classroom. This pedagogy helps students develop skills and concepts that are useful in today’s world and reflects on the B-School graduates as enterprise leaders. The B-School graduates are trained to approach organizational issues by understanding the basic management concepts and fundamental issues being taught in the course curriculum in addition to imparting training in the areas of case study-based teaching methods Management education is going through dramatic changes at a rapid pace. It has traditionally been focussed on turning out professional managers for existing large enterprises primarily in industries like manufacturing. This phenomenon has changed in at least two dimensions. The B-school graduates are not just going into large enterprises, many are starting entrepreneurial ventures. The second dimension is the mix of industries has moved from manufacturing to services. So, management education has to delve not only into managing manufacturing businesses, but also understanding customer needs and requirements, leading knowledge workers, delivering high quality services, and establishing enterprises. The entire gamut of post-secondary education is going through a disruptive and transformational change. Technology has made possible new ways of reaching out to students, interacting with them through mechanisms such as distance education. Some of the most hallowed concepts of education - such as the idea that everybody has to be in the same physical space to go through learning - are being challenged.Today's B-Schools predict that very soon cutting-edge education in management will be a blended mix with few classroom sessions and few sessions delivered online. Hence today’s B-School education would be a totally different scenario as compared to ten years down the line. Most of the premier B- Schools today are transforming into a blended mixture of learning which is discussion based and nota mere lecture based with online learning as a compliment and not as a substitute. Moreover, industry-based guest lectures with distinguished alumni and industry leaders are some of the key sources of transforming students into successful business leaders. Leadership Skills for Top Management programme includes six sets of essential for: 1. Planning 2, Structuring 3. Motivating 4. Rewarding 5. Institutionalising 6. Managing politics in change initiatives Others skills include: Good organization skills, Time management, Decision making skills, Interpersonal and relationship- building skills, Delegation, Forward-planning and strategy, Expert problem-solving skills, Effective Communication, Knowledge, Reliability, dealing with pressure, Networking know how, Team building, Today's B-Schools are more focussed on Agile Management which is currently the main stream which enables the talent of the graduates to drive strategic initiatives of the organizations. If India is to deliver on its potential of being the growth engine of the world in the educational stream, B-Schools need to address the skill challenge by adopting initiatives that are learner-centric and inspire innovative thinking in addition to encouraging a continuous learning process. Are the young managers ready to face the challenges of tomorrow? Ms. Trupti Masrani - Batch 26Papers Presented and Papers Published S.No Faculty Title Location Date t Ms. |. Padmini “Faculty Perspectives | Research Journal | May 2019 on the need of of English, Vol 4, Business English for Issue 1 Management (ISSN: 2456-2696) Graduates” FDPs attended S.No. Faculty Attended Name of the FDP Location Date of the FDP Program Program ‘Case Method of 11M, Trichy 13-17" May 2019 1 Dr. Vishal Kutchu Teaching Research Methods & (IM, Trichy 27-31" May 2019 2 | Dr.C. Jyothi Data Analytics Ms. A. Niharika National program for MDI, Gurgaon 27" = 31% May 2019 3 Ms. V. Jayashree ‘excellence in teaching. Ms. Yamini Meduri_| and student evaluation MDP programs conducted S.No. Faculty Conducted MDP | Name of the MDP Program | Location Date of the MDP Program Case Method of Teaching | TFSA 14" = 15" May 2019 1 ‘Ms. Yamini Meduri Warangal & Karimnagar_ 03Placements — 25" Batch (Class of 2017-19) “Students made 200 ‘dream applications’ which helped them live their dreams and fulfil their ambitions”. More than 50 firms from diverse sectors such as Technology, Banking & Insurance, FMCG, Retail, Consulting and General Management hired our students. VJIM has encouraged students to take up entrepreneurship as a career. No of students placed ~ 212 No of placement offers — 233 Average Salary — INR: 6 LPA Highest Salary — INR: 10 LPA SIP - 26" Batch (Class of 2018-20) About 230 students of 26"" Batch have secured their Summer Internship placements in diverse industry sectors such as Banking, Consulting, General Management, FMCG, Logistics, Information Technology and Transportation, Travel and Hospitality across various industry domains such as Marketing, Finance, and Human Resources. The duration of the internship is for a period of 12 weeks and 6 credits starting from 8" April 2019 till 5" July 2019. 04VJIM IN THE NEWS!! BUSINESS STANDARD N,D 30/05/2019 VJIM: AN INSTITUTE WITH A VISION \VJIM, over its 25 plus years of journey, has focusséd on imparting knowledge to the leaders of tomorrow through a robust and innovative course curriculum. 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