VCE Summer Internship Program 2020: Saurabh Pandey

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VCE Summer Internship Program 2020

Smart Task Submission Format

Intern’s Details
Name Saurabh Pandey

Email-ID saurabh.pandey@sjmsom.in

Smart Task No. ST-01

Project Topic Case Study Analysis

Smart Task (Solution)

Task Q1: Make a list of job profiles from the companies you would like to get placed or
thinking of having a job. Read the job description and skills required as per the company.

Task Q1 Solution:
Following job profiles and Companies I would like to get placed:
1. Supply Chain Manager in P&G
2. Operations Manager in Reliance Industries
3. Risk Analyst in JPMC
4. Associate Consultant in PwC
500 Words (Max.)

Task Q2: Make a list of 10 prominent skill sets that are required for the job profiles you
searched in the first question.

Task Q2 Solution:
I have read all the job descriptions the job profiles and found many skills required as per the
company and job profiles. I have listed the ten most prominent skills and knowledge domain below:
1. People Management Skill
2. Lean 6 Sigma Methodology
3. Project Management Skill
4. Problem Solving Skill
5. Report Writing Skill
6. Management Framework Skills
7. Third-Party Logistic (3PL)
8. Advanced Excel Skills
9. Financial Risk Management
10. Data Management
500 Words (Max.)

Task Q3: Make a plan to develop these skills in yourself.

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VCE Summer Internship Program 2020
Smart Task Submission Format

Task Q3 Solution:
I'm already working on most of the skills mentioned above. However, some of them, such as people
management and problem-solving skills, will still need improvement. I have approximately four
years of manufacturing plant experience, which has provided me with a basic understanding of the
problem-solving methodology and people management skills. Concerning other abilities, I took a
few online short-term courses to improve my conceptual knowledge. I assume that during this
internship, I will develop my report writing and excel skills. In my second year of masters, Academic
Year 2021-22, I'll be taking electives to expand my skill set by studying Lean Six Sigma, 3PL, and
project management.

I plan to enrol in several online courses like financial risk management and data management.
Along with my course curriculum, I'll be doing a few online internships to develop my people
management and problem-solving skills. I have a basic understanding of the Management
Framework. In the previous academic year, 2020-21, I had a few courses on these topics. I'll be
learning about the practical side of those skills by using them in the industry. I believe I have
adequate Excel skills, which I want to improve by learning Power BI and SAS Analytics. I took a
Canva course to develop my PowerPoint skills. As an alternative to Microsoft PowerPoint, Canva
can be used to create presentations.

To summarise, my strategy for improving my skills entails gaining more conceptual awareness
through both MBA studies and short-term online courses. Then, using the conceptual experience
I've gained in the industry, I'll hone my skills.
500 Words (Max.)

Task Q4: What do you understand by case study? what are the things should be included
and not included while analysing a case study. How detailed it should be?

Task Q4 Solution:
A case study is a detailed study of some topic, such as an event, a business, or a phenomenon.
This type of study often requires both quantitative and qualitative assessments. Case studies are
used to describe, compare, evaluate, and comprehend various aspects of a research issue. A case
study is a research technique and scientific investigation that looks at a phenomenon in its real-life
context.
A case study should consist of the following sections:
1. Synopsis/Executive Summary which should outline the purpose of the case study
2. Findings that identify the problems found in the case
3. The discussion which should summarise the significant problems
4. Conclusion about the identified issues and solutions
5. Recommendations after encountering the most feasible solution 
6. Implementation of the solution
7. References and
8. Appendices

An interpretation of a case study must go beyond simply summarizing the facts. It should define

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VCE Summer Internship Program 2020
Smart Task Submission Format

critical issues and challenges, outline and evaluate potential solutions, and draw relevant
conclusions. The following measures can be used to break down the case study analysis:
1. Identify the most important facts surrounding the case.
2. Identify the key issue or issues.
3. Specify alternative courses of action.
4. Evaluate each course of action.
5. Recommend the best course of action.
500 Words (Max.)

Task Q5: Make a list of 10 big events happened in India (Corporate Events - Non-Political)
whose case study you want to analyse and why?

Task Q5 Solution:

Rise of Flipkart: Starting a business is probably every young person's dream these days. Assume
we have to choose the best start-up that has done exceptionally well in India. Flipkart should be the
name.

Satyam Scam: The Satyam Scam was the biggest accounting fraud in Indian history. In the Indian
business ecosystem, this case makes the required ethical dent. We can look into the business that
was once the crown jewel of the Indian IT industry and was brought to its knees by financial crime
in just a few years.

Sharda Chit fund scam: I have always believed that when everything looks rosy, there is some
fundamental problem that we have failed to recognize. This scam adds to that conviction. How a
classic Ponzi scheme used a multi-level marketing gimmick to defraud the individual investors? I
want to learn.

JIO and 4G revolution in India: In just three years after the launch of Jio in 2016, India's data use
has increased by more than 4000 percent. How Jio identified an untapped data market and
introduced an effective strategy to tap into it. The story of how Jio initiated India's 4G revolution will
be an excellent case study for students interested in planning and strategy.

Failure of RCom: When a company's leaders are myopic, the corporation will fail. RCom's
bankruptcy was caused by Anil Ambani's inability to recognize the changing complexities of the
telecom industry.

Patanjali: The Indian FMCG industry was dominated by multinational corporations such as
Unilever, P&G, and Colgate-Palmolive. A great case study will be how Patanjali used Indian
concepts like Yoga and Ayurveda as its unique value proposition and became India's fastest
growing FMCG.

IPL Success: Cricket is a religion in India, and people of all faiths, castes, and creeds watch cricket
matches on television. How cricket's sponsors and the BCCI recognized the potential of the modern

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VCE Summer Internship Program 2020
Smart Task Submission Format

three-hour format and devised the IPL plan.

Tata Nano Failure: People attribute Tata Nano's failure to various factors, including overpromising
to customers, failing to provide a backup plan if Plan A fails, and poor marketing strategy. I'd like to
know how all of the factors that contributed to the Tata Nano's failure influenced the outcome.

Yes Bank Crisis: All should be concerned when one of India's largest private sector banks needs
rescue from the Reserve Bank of India. We should investigate the reasons for the Yes bank crisis.
We may learn many things to mitigate the risk of bank collapse in the future.

White Revolution and AMUL: The AMUL brand is more than its product; it is a movement that
represents economic independence for India's dairy farmers. It instils in them the ability to dream,
hope, and live. It's worth looking at how a dairy brand sparked India's white revolution.
500 Words (Max.)

Task Q6: What is planning, strategy and decision making and how it's important to become
a business leader in future.

Task Q6 Solution:

Planning: From the organizational perspective, the process by which an organization defines its
long and short-term objectives is considered planning. Planning entails not only setting priorities but
also developing and executing strategies to achieve them. One of the most significant aspects of
Planning is allocating resources such as money and human resources inside the organization.
Planning has many purposes in the organization; some of them are:
1. Achievement of organizational goals
2. Cost-effective decision making
3. Forecasting
4. Productive utilization of available resources
5. Facilitate other management function and
6. Risk Management.
If we're talking about characteristics of Planning, we should include the following:
 Planning is a fundamental and essential management framework.
 The planning process should be goal-oriented and omnipresent.
 Planning necessitates good analytical abilities and should be an ongoing operation.
 Demand forecasting is needed for Planning, as is the method of forecasting future needs.
Mission, Goals, Policies, and Processes are all important aspects of the planning process. Planning
often considers budgetary limitations, project requirements, and strategies along with the four
factors mentioned above.

Strategy: Managers use Strategy to achieve one or more of the organization's objectives. We can
interpret the term "strategy" in various ways "A broad path for the business and its various
components to follow to achieve a desired future state. The detailed strategic planning phase yields
strategy.
A strategy entails combining operational practices and allocating limited resources within the
organizational framework to achieve current goals. When developing a strategy, keep in mind that

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decisions are not made in a vacuum. Any action taken by a company is likely to elicit a response
from those who are affected, such as rivals and consumers, employees, or suppliers.

Decision-making: The process of determining a collection of viable alternatives and selecting a


course of action from among them is known as decision-making. Planning includes decision-
making. Decision-making is a series of activities that starts with finding an issue and ends with
making a choice or making a decision. Management is actively affecting the company's actions,
and the decision-making process is at the heart of this.

A manager defines a particular situation and determines the risks and opportunities it presents
during the decision-making process. Excellent Planning and strategic decision-making skills have
always been required of leaders. As previously mentioned, decision-making in business is making
rational judgments to maximize positive outcomes and minimize adverse outcomes in the
organization. All stakeholders trust leaders to solve challenges and make tactical decisions that
keep the business competitive. Since the market environment is constantly evolving, leaders must
predict potential needs and make strategic decisions to ensure the organization's long-term
success. Leaders with good judgment, business acumen, and strategic decision-making
capabilities will have plenty of prospects in the future. On the other hand, every day brings a
whirlwind of events, assignments, and problems to be resolved.

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