Chasing Rainbows III Edition

8/14/2019 Chasing Rainbows III Edition

1/12

Happy Diwal

Chasing Rainbows

Lets spread love, joy happiness this Diwa

Lets celebrate Diwawithout pollutinour environmen

Wish you all a happyprosperou

and pollution freDiwali this yea

With Best Wishe

VOL I EDITION II


2/12

Contents

InnovationInnovationInnovationInnovation galoregaloregaloregalore

The fThe fThe fThe five Well beingsive Well beingsive Well beingsive Well beings

Brands & Profiles : KPMGBrands & Profiles : KPMGBrands & Profiles : KPMGBrands & Profiles : KPMG

ZCBIanZCBIanZCBIanZCBIan of the monthof the monthof the monthof the month Industrial VisitIndustrial VisitIndustrial VisitIndustrial Visit to Mercedes Benzto Mercedes Benzto Mercedes Benzto Mercedes Benz

Cloud ComputingCloud ComputingCloud ComputingCloud Computing

Life @ ZLife @ ZLife @ ZLife @ ZCBICBICBICBI

Mandi 08Mandi 08Mandi 08Mandi 08


3/12

Innovation galore

The word innovation has now become synonymous for ZCBI. Our learning and knowledge

are not merely confined to classroom, we have chosen real world to implement our ideasFrom a tea-stall to second-life, we are adding value to every place we go.Our bond with innovation has been made stronger, as ZCBI won the 16th Dewang MehtaBusiness School Award in the category: Business School which encouragesInnovations that leads to better Development

Valueaddition

SuccessIts just

thebeginning

Innovation

Achievement


4/12

The Five Well beings are:

Spiritual Wellbeing Physical Wellbeing Mental Wellbeing Relational Wellbeing Financial Wellbeing

1. Spiritual Wellbeing Based on your own belief system Its your relationship with God or nature or the

universe again depending on your beliefsystem.

Spiritual wellness refers to applying your valuesand beliefs with your actions.

It defines your life orientation, whether its long

term or short term. It provides a sense of purpose, direction, and

awareness. And when all else fails, faith is the one thing

that gives you hope.

2. Physical Wellbeing Physical Regimen that focuses on strength,

endurance and flexibility Frequency of exercise at least 3 times

per week Intensity of exercise challenging

yourself to go the extra mile

Well-balanced diet one that youll be satisfied(pacified) with

Routine Medical Check-up Give yourself a birthday gift every year.

Visit the doctor. Your life doesnt belong just to you. It

also belongs to everyone who loves youso take care of yourself.

External Maintenance Body maintenance: Things that make you feel

well manicures; pedicures; make-up for theladies. Cut hair and shaven face for the men.

Personal appearance Clothing. Yourpackaging represents your spirit.

3. Mental Wellbeing Stress management

Directly linked to your physical wellbeing Role Management

Keeping priorities the priorities. Checking your hat at the door.

Dont bring work home, dont bringhome to work.

Personal and Professional Development Habit 7: Sharpen the Saw Cove

Stay on top of your skill sets.

Intellectual Development Read Do something creative

4. Relational Wellbeing:It is through our relationship that we learn who ware.

Separate Person from Professional Relationships are investment-based wher

you make deposits and withdrawals The more deposits you make, the

better the relationship. Withdrawals are fine so long as you

made enough deposits, but if you kewithdrawing, eventually, the accounbecomes bankrupt and the relationsfails.

Use Role Management smartly Know when youre wearing what ha

5. Financial Wellbeing Depending on where you are in your life, y

should have a strategy (short-term, mid-teand long-term) on how to manage yourfinances.

This strategy is a plan to address your currfinancial needs as well as your future need

For many, theres a point in your financialcircumstance that you shift from BeneficiarIntermediary. A beneficiary is a person whbenefits from the financial accomplishmentthe earner.

Once your needs are satisfied, you becomebenefactor better yet an intermediary.

As an intermediary, you are the decision-maker who chooses the beneficiary of yourwealth.

It requires you to decide what legacy you wleave behind.

And that legacy is directly related to life goThese Five Well beings will help you in your journethrough life. Keep them with you always andremember that your life is a gift. Be thankful andappreciate it.

By Dr. Lelani O. Bauma

(She is an Associate Professor in the College of BusinesJohnson & Wales University (JWU) in North Miami, Floriand a visiting faculty at ZCBI for ManagementCommunication.)

The five well beings


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Brands & Profile: KPMG

All the KPMG member firms worldwide provide a rangeof professional services that help clients to meetchallenges and respond to opportunities. These are inAudit, Tax, and Advisory Services for differentndustries and disciplines. KPMG was established inndia in September 1993, and has rapidly built a

significant competitive presence in the country. Theirm operates from its offices in Mumbai, Pune, Delhi,Kolkata, Chennai, Bangalore and Hyderabad.

KPMG was formed in 1987 with the merger of PeatMarwick International (PMI) and Klynveld MainGoerdeler (KMG) and their individual member firms.Spanning three centuries, the organization's history can

be traced through the names of its principal foundingmembers whose initials form the name "KPMG."

K stands for Klynveld. Piet Klynveld founded theaccounting firm Klynveld Kraayenhof & Co. inAmsterdam in 1917.

P is for Peat. William Barclay Peat founded theaccounting firm William Barclay Peat & Co. inLondon in 1870.

M stands for Marwick. James Marwick founded theaccounting firm Marwick, Mitchell & Co. with RogerMitchell in New York City in 1897.

G is for Goerdeler. Dr. Reinhard Goerdeler was formany years chairman of Deutsche Treuhand-Gesellschaft and later chairman of KPMG. He iscredited with laying much of the groundwork for theKMG merger.

Leaders from the Organization:

Mr. Timothy P. Flynn: Chairman of KPMGInternational

Mr. Rupendra Singh - Non-Executive Chairman ,KPMG India

Mr. Russell Parera CEO, KPMG India Opts.

Mr. Mark Goodburn Vice Chair, Advisory, KPMG LLP

Key Facts of KPMG:

More than 123,000 employees across the world KPMG International is a network of member fi

operating in 145 countries. KPMG's U.S. firm serves 1/5th of the Fort

1000 companies as clients. $ 4.8 Billion revenue

Expert in delivering a globally consistent semultidisciplinary financial and accounting sand capabilities based on deep induknowledge.

Training magazine ranked KPMG LLP among top 10 in its annual survey of the Top

Training Organizations and the firm spent mthan $100 million on training-related projects year.

Computer World Magazine, "100 Best PlacesWork in IT" and FORTUNE 100 Best CompanieWork For

Target of $20 million from this practice by 2010

Member firm combined revenues increasedUS$19.8 billion for the fiscal year endSeptember 30, 2007, 17.4% growth and The APacific region's revenue grew 21.6 percentUS$2.55 billion in FY07

Services Offered BY KPMG: KPMG offers thservices Audit, Tax and Advisory. Major Advisservices are in:

Financial Risk Management (FRM)

IT Advisory Services include helping assdesign, and integrate the informamanagement and operational procestechnologies, and controls.

Internal Audit Regulatory and Compliance (IARServices helps companies enhance their inteaudit functions

By Rajiv Jain, ZCBI, Pune

Reference: www.campus.kpmg.com


6/12

ZCBIAN of the month: Ajay Kumar Shaha

Ajay kumar Shaha (Malkapur, Maharashtra)

Qualification: PGDBM, LL.B, CFA (ICFAI University)

Work Experience: Two years in Financial Services @Zenta Pvt. Ltd. Mumbai.

Achievements: Employee of the month award atZenta Pvt. Ltd. for the excellent and qualityperformance for the month of November.

Ajay is one of those people, who believe in learning

and spreading knowledge. His areas of Interest aremusic and writing financial articles. His last article

My understanding of Sub-prime crisis waspublished in 2nd edition of Chasing Rainbow andreceived high appreciation. Currently, he is involvedin writing an article on Global Financial Crisis and itsimpact on Emerging Markets. He is also pursuing anInternship with Array Development (Canada) Inc.

Ajay is a part of following activities at ZCBI:

Member of Library Committee and responsible for

arranging video lectures.

He introduced peer learning concept in the class andis currently helping other students in class with hisprofound knowledge in finance field.

He is also actively involved in finding adisseminating information related to different areasfinance.

His future plan is to establish his own FinancConsultancy and has a social goal to help and educachildren with low economic background.


7/12

Industrial visit: Mercedes Benz

I know you All those who are going to read this articledo love the Mercedes brand and also have a dream of

possessing a car from MB stable. So, the same way itwas a feast for my eyes when I entered into this plant.

Mercedes-Benz, a division of Daimler, plant is locatedat Pimpri, Pune. This plant was set up for the Indianmarket back in 1994; this was a joint venture ofDaimler-Benz and Telco for the production and sales oftheir cars in India. The first authorized dealership wasset up in March 1997 and the first authorized servicestation was also set up in August same year. Mercedes-Benz India Limited was rechristened to Daimler-Chrysler India Pvt. Ltd. in September 2001 and it was

one of the first auto joint ventures set up in India. Youall will be amazed to know that this plant has beenawarded the best Mercedes-Benz plant outsideGermany many times. MBRDI is the largest Daimler AGR&D center outside of Germany and makes significantcontributions in the areas of Engineering Services,Electrical / Electronics, and IT & Business Services. Thistells us the quality of the cars produced here in India.They have around 24 authorized dealerships all overIndia along with their highly equipped service stationswhere they provide world-class service but charge aworld-class price too. A Mercedes-Benz authorizedservice station is equipped to handle an exigency apart

from regular servicing and maintenance. Hence you canbe assured of efficient, knowledgeable and professionalservice. Now they would relocate its plant to Chakanfrom Pimpri with an investment of about 50 million,which would begin operations in February-March nextyear.

The plant would have a production capacity of 2,500trucks and buses and 10,000 cars over two shifts peryear, one shift spans eight hours.

Mercedes-Benz India has been delighting customers

with strong brands and a wide range of productsequipped with the latest in automotive technology. Thecompany has been the pioneer of the luxury carsegment in India with its inception way back in 1995. Its the only luxury carmaker in India to have such awide range of cars. The different ranges available todayare the S-Class, E-Class, C-Class, M-Class, CLS-Class,SLK-Class, CL-Class.

Last September, it announced a tie-up with SMotors under which the latter would build the b

for the luxury bus at its Jalandhar plant. For company has invested about Rs. 200 crore intobusiness.

The Intercity Luxury Coach marks the compaentry into Indias luxury bus market. They armood to overtake Volvo in sales, which is the curmarket leader in this market, followed by Motors. Priced at Rs. 80 lakh, the bus has a standseating capacity of 45, which can be modified. chassis of the bus is imported from the compaplant in Brazil.

Mercedes-Benz offers after-sale service in MumbaPune, Bangalore, Kolhapur and Hooghly. MercedesBenz India is not only a leading vehicle manufactubut also an important participant in society in genThey have a social commitment in all thecommunities they operate. With 'The Jatropha Biodiesel Project', they address the issues of ruralincome and employment, indigenous as well asenvironment-friendly bio-diesel and reclamation owasteland- in other words, Sustainable Mobility fothe future. Their automotive training programmesaimed at developing local technical competence in

India.

By Gautam Patel, ZCBI, Pu


8/12

Article from the class: Cloud Computing

In the next five years, MICROSOFT Corp. sees tens ofmillions of corporate e-mail accounts moving to its datacenters which will result in shifting to a business modelhat may thin profit margins but generate more

revenue.

Microsoft will see more and more companies abandonheir own in-house computer systems and shift toCloud computing, which is a less expensive

alternative.

Cloud computing is the concept by large scalecompanies to array huge numbers of computers incentralized data centers to deliver Web-basedapplications to remote users.

n past, Microsoft built its business selling software torun on local machines, both computer servers andpersonal computers,

With passage of years, it has invested billions of dollarsn massive data centers, which are the basicnfrastructure for a wide range of Web Services.

Microsoft has come with a value proposition for thecorporate customers to run their e-mail, collaborationor sales programs on the software giants computersand delivering those applications over the Web as a

part of monthly subscription.

Microsoft will offer customers the choice between araditional licensing model or a subscription-based

service model embraced by rivals like Salesforce.comupcoming challenger in CRM space) and Google Inc.leader in search engine)

Exchange Online, the service offering for its Exchangemail and messaging server software, will be theprimary application adopted by corporate customers,Microsoft has the vision within next five years, 50% of

our Exchange mailboxes will be Exchange Online, aportion coming from customers using lotus notes.

According to research firm Radicati , Exchange will runabout 210 million corporate e-mail accounts in 2008,growing to 319 million mailboxes in 2012.

This sudden move to cloud computing will introducesome changes, in the business division of Microsoft.

Till now, customers pay Microsoft a licensing feethe software, then buy their own computer and their own technology staff to manage those system

In a services business, the customer will Microsoft a larger fee, since Microsoft also runs maintains all the hardware which will have diimpact on the revenue of Microsoft.

Microsoft will run its computers systems as efficieas possible to reduce hardware costs.

Microsoft has already signed up large customers toonline services.

Ex - Coca Cola Enterprises Inc signed up 70,000 sfor Exchange Online, switching over from IBMs LoDomino system.

By Satya Brahmchari, ZCBI, Pu


9/12

Life @ ZCBITeachers day celebrationWe owe this life to our teachers, we are nothingwithout them. On Teachers day students expressed

gratitude towards their teachers in following way

Iused to see the Sky with love,Gazing my dreams above;

Its your gentle touch and warm embrace,Made this Crow Into a Dove.

Spreading my wings of desire,Passion of heart burning like fire;

Took Off the ground, kissing the sky,With you by my side, together we fly.

My Spirits Floats to a Part,I Feel the Beating of My Heart;

Responsibilities I Bear, In This One Year,With You Flying Near, Why Should I Fear?

My Being Trembles With Delight,Now I Am Ready For the Flight;

Ready to Fly, Ready To Tear the Sky;Sun or Rain, Day or Light.

Leaders Are Many, Teachers Are Few;Inspiration Has a New Face

And That Is You.

By Debasis Mohanty, ZCBI, Pune

My parents gave me this birthBut you culminated this dearth,

From the very beginning of my lifeI saw an angel on my right

As a teacher you ask me to rotate

You manage my thought to innovate,

In this worldYou gave me place to breathe in

Provided shelter to live in,And confident to walk in,

You transformed my life for better tomorrowYou aid me to fly like a sparrow,

Your discipline dogged my dead soulFor continuity of my life as a whole

You lighten up my dark life

You created wonders in itYou showed me the way

To lead far away

I cant ask for moreAs you had given me much more

In the endIts my velvety that you remain with me

Forever and ever and ever

By Vineet Jethani, ZCBI, Pune


10/12

The GurusWe have world class faculty in ZCBI and we arefortunate to be here.

Dr Sanjiv Vaidya (IIM-Calcutta): He has vast

industry as well as academics experience. He is apermanent faculty in ZCBI and he teaches usInformation Strategy. Under his guidance; westudents are getting world class academics support.

Dr Ashok Arora (MDI, Gurgaoon): Prof. Arora isone of the best faculties in India for BusinessResearch Methods. He is visiting faculty in ZCBI.

Dr. Sunil Lakdawala: He is Doctorate from YaleUniversity and PG from IIT Bombay and works as aconsultant. Prof has a unique way of teaching with a

good blend of practice and theory. In ZCBI, he taughtBusiness Intelligence, Data warehouse and Datamining and he is one of the most admired facultiesfrom the students.

The mentors

Apart from faculty members, we have corporatevisiting us regularly.

Mr. Siva Rangaswamy Retail Head, ZensarTechnologies

It was a treat for all the students to listen to Mr. SivaRangaswamy. He shared his personal experience ofworking with various companies and how fewdecisions between the age of 21 to 23 made himreach the position, which he currently holds. Hispersonal life story was itself very motivating andencouraging. He explained few concepts from the '7Habits of Highly Influential People'. He shared histhoughts on entrepreneurship. According to himentrepreneurship is about three things.

Idea People Launch Pad

He also gave an idea about 'Personal LeadershipChart' which consists of

Time Relationship Ideas People

It was a very informative and enriching session for all of uand this is really going to help us a lot in shaping our futu

Mr. Yogesh Patgaonkar, Regional Head - Indi

Middle East & Africa, Zensar Technologies

Mr. Yogesh Patgaonkar came and with him came tfurry of ideas. He spoke to us on careermanagement, which intrigued us with him. He gaus definitions of career and management.

He cited examples from the lives of great self madmen like Abdulkalaam Azaad, those who with theiperseverance have achieved the success. What hetaught us was to dream unlimited, to work for ituninhibited and to remember that life is to live for

From ZCBI blog, P

Mr. SanjayRunwal, MD, Runwal Housing andConstruction Pvt. Ltd

The guest lecture on Construction Industry by Mr.Sanjay Runwal has been a real eye opener us, frothe perspective of a customer, a shareholder, or ja common man. Mr. Sanjay Runwal is the ManagiDirector of Runwal Housing and Construction Pvt. Runwal Housing is engaged in the activity ofPromoters and Builders from the year 2002. Thecompany now has to its credit over 20 completedprojects. The company has also received ISO9001:2000 and ISO 14001:2004 certifications.Participants were highly eager to know the kind ofdevelopments happening in the construction indusThe session of Mr. Runwal was full of information learning. I came to know certain Govt. regulationthe realty sector and some infrastructure parametlike FSI, etc.

By Akaash Shide, ZCBI, P

Mr. Vijay Deshpande, VP-HR, Greaves CotMumbai

Mr. Vijay Deshpande described the methods ofstaying ahead in fast changing times. He made apoint by saying that one who leads change staysahead. He described various models which could bused to build strategy. He said that Greaves Cottostrategy revolves around products and customer. showed the importance of strategy for differentbusiness.


11/12

Mandi08This event was an idea that was shaped to perfection by Dr. T. Prasad to help every student understandmanagement theory in practice. Mandi serves as a platform for students to apply classroom learning to reallife situations and maximize pre-determined sales objectives, and in the process achieve social and educationgoals.

Stage1:(Introduction) Understand the product description. Analysis of the market trends in Pune andplanning out strategies based on consumer behavior and their buying trends.

Stage2:(On the Streets of Pune) Time to head to the markets where actual learning takes place. Here thstudents get to understand the dynamics involved in interactions among the product, the prospect and thesales person in the selling process.

Stage 3:(Mandi manthan) Analysis of the previous days outing where students share their first handexperience and learn from the same.

All the proceeds from this event would be donated to NAVNIRMITI, an NGO that has provided the toys for th

event. Navnirmiti is a non profit, self-reliant organization working with the objective of universalizing thequality math and science education. It reaches out to all those children who dont have access to a goodeducation and has developed a simple yet complete classroom kit in order to teach primary level maths in afun and creative way. Every year Navnirmiti visits schools, organizes and holds exhibitions to promote itslearning tools and toys.

At the last day of Mandi three teams were chosen to be best teams amongst the crowd.

The first team comprised ofArindam MandalRajan SainiSayali DeshpandeSaurabh Paithane

Subhodeep KunduThis team made the total sales of about Rs. 3600,which was highest among all the other teams.

The Second team comprised ofAnand AgrawalMonty RuchandaniShyam Merchant

Sunny Ruparel

And the third team comprised ofAshish BhansaliAshish ThankurGaurav SinghalRavi Parasrampuria


12/12

I would like to conclude this edition of Chasing Rainbows withfollowing few lines

Mandi and I

It was the toughest,It was the easiest.

It was tiring,It was inspiring.

It had few rejections,It had a mix of actions and reactions.

It had experiences which were fun,It had few interactions which were like sun burn.

It was not just about Jodo, Tangram or Pyramid,It enwrapped everything whether it was Small, Medium or Big.

At the end of the day, it was WOW,

It taught me Marketings Where, When and How.

By Rajan Saini

Happy Diwalito all of you from Chasing RainChasing RainChasing RainChasing Rain

Rajan Saini | [email protected] | 9325730272

Rajiv Jain | [email protected]

e source of information in this newsletter is mainly internet and any discrepancy in information is not our responsib

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Chasing Rainbows III Edition

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