Learning is something to be enjoyed, not endured. By getting hands-on from the start, Workshop lets you learn through experience and do more of what you love.
Based on feedback from the corporate sector, benchmarking against globally top-ranked MBA programmes and insights from recent studies on the effectiveness of MBA programmes, DMS PIET conducted a 4 days skilling workshop from 27th to 30th dec 2021.
A major feedback from corporate recruiters has been that in terms of conceptual learning there is not much difference across the top business schools in India. But what makes a difference is the ability of graduating students to apply their learning quickly and effectively once they are a part of the workforce. In other words, a major challenge is to bridge the knowing-doing gap.
Achieving Managerial Excellence
On the 28th of December 2021, a session on “Achieving Managerial Excellence” was taken by Dr. Suman Dahiya, Associate Professor, DMS, PIET. It targeted to unlock the managerial potential of the students and to prepare them much before they step into their career paths. Dr. Suman deliberated on the HOW and WHY students must develop new skills to serve as positive role models and provide strategic direction to the employees if they hope to achieve exceptional performance and ensure the success of their organizations. The session was designed to develop leadership and managerial excellence and made students aware about the key skills and behaviours. A group activity was also conducted at the end to reinforce the session’s learnings.
Discussions are a valuable learning tool in experiential learning. Moreover, group discussion is one of the most prominent requirements during the hiring process of many companies. In lieu of the same, a session was conducted by Ms. Jayti Mahajan, Assistant Professor and Head – Finishing School, DMS, PIET which emphasized on the importance of experiential learning as it was evident in the way the workshop was structured and facilitated, with participants being encouraged to enrich the content by sharing their own experiences related to the topic. The facilitator discussed winning strategies in group discussion by providing a step-by-step process of building the content. Overall, the workshop was appreciated by students, with a demand for more such sessions.
Contemporary Issues in Management
The speaker discussed various challenges faced by modern day business are distinctly different than those of past years. The world is undergoing changes and facing challenges on various fronts for the growth and development. Some of the issues are to promote sustainable growth, complex entrepreneurial environment, developing efficient business models and creating new job opportunities.The macro factors of global economy are playing a key role in the world of business. The pandemic has brutally exposed and worsened existing vulnerabilities in the world economy. Thedevastating impact of lockdown had slowed down the growth of economy and we have not recovered yet. The emergence of new variants, vaccination issues, new trade barriers and trade wars with China, rising inflation, the continuous intervention of central banks are a few examples. Themicro-environment is also significantly influencing the macro-economy. The startups and disruptive technologies are redefining the macro-economic environment. Investors’ confidence in the primary markets with mobilization of several thousand crores is witnessing a stronger side of the economy. Yet, the challenges faced by the business are very complex compared to the past. Managers face several challenges viz. understaffing, laying off, delayed projects and other issues related to productivity and communication. Identifying these challenges and addressing them in a timely manner helps a manager todeal with these issues confidently. Organizations need to relook at the various business practices being followed at present. Being innovative in taking up new disrupting challenges is the only way to seize the opportunities offered by these new challenges for growth and sustainability.
Easy access of internet, increasing number of internet users, growth of E-commerce leads to lot of data generation. Now a day’s almost all companies are on internet. Data generation is on full pace. We call it big data. Handling this big data is really a big issue. Knowledge generation from this big data and finally taking quick decision is a challenging task. Here comes the role of data analytics. By data analytics we can generate knowledge for quick decision making. Trends and patterns are set on the basis of old data. These trends and pattern help in taking quick decision.
In this skill workshop, the students started our journey with data generation which finally ended with learning and quick decision making. Various concepts related to Artificial Intelligence, Machine Learning, Deep Learning and Data Science were discussed. We discussed 3 types of machine learning algorithm (Supervised unsupervised and reinforced learning). They discussed some analytical model and their working in different scenario and how one can choose a model based on the problem. They discussed how to understand provided data and select dependent and independent variable and finally calculate result and do its interpretation in normal language and finally provide solution to the client.
In this workshop some data set were shown to students. They studied how to turn data into good decision making.
Written Communication in Business
On the 30th of December 2021, a session on ‘Written Communication in Business’ was taken by Ms.Sonu Kumari (Assistant Professor, DMS PIET). Students of MBA First and Final year participated in the session. It was aimed at upgrading and enhancing writing skills of the management students and making them corporate ready in this context. The speaker stressed upon the importance of effective written communication in general and business specifically. Through different tasks, the students were guided for writing a sample of Job cover letter, minutes of a meeting, and an intended email. The email etiquettes were also highlighted through a video and sample email writing. The session concluded by explaining the ‘Power of Written Communication’.
Effective use of Listening and speaking
Being able to have an opinion about important subjects and defend that position is an incredibly important skill in life, which requires not only listening to the other person while building rapport but also speaking with a rational mindset. A workshop on “Effective Use of Speaking and Listening” was conducted wherein students were given ample opportunities to speak with fun activities and listen patiently to provide judgments along with constructive criticism.
Contemporary Issues in Marketing
For enhancing the sales acumen and presentation elevator pitch activity is done. An elevator pitch is a short description of an idea, product, or company that explains the concept in a way such that any listener can understand it in a short period of time. The name—elevator pitches—reflects the idea that it should be possible to deliver the summary in the time span of an elevator ride, or approximately thirty seconds to two minutes. It was a step towards making students even more presentable to the outside world than what they currently are. It was felt that sometimes inadequate preparation for sales job interviews resulted in talented students losing out on good job opportunities. The training program was an attempt towards bridging this gap between potential and performance. “Ultimately our Desire is to make academic Professional Development a seamless part of the institutional fabric”