MDI Delphique 2013-14: Service to Humanity

CoolAvenues Newswire | January 07,2014 10:32 am IST

The 17th edition of MDI’s flagship National Management Convention, Delphique, was held between 3rd and 5th January, 2014, on the theme HumanitatisObsequim, which means “Service to Humanity”..

The three day convention is a confluence of three events – The Knowledge Panel discussions, Vincenza - An International Business Plan competition cum mentorship programme and Cerebro - A National case study competition on “Entry Strategy for Wealth Management Firm in India”.


The quality of research done by the knowledge panels (across domains as Finance, Operations, Marketing, Communications, HR, Strategy and Analytics) is ensured by providing faculty mentorship to the students. Their intellectual horizons are also widened by, a high profile panel discussion on the research by the who’s who of the corporate world, on the event day.
 

This year’s partners included corporate giants like Jindal Power, PowerGrid Corporation, Western Union, IBM, Deloitte, PwC, Cognizant, Britannica, Evalueserve, exchange4media, Fortis HealthCare, 91springboard.com,MyBox, Indian Angel Network ,Stern Fisher, BusinessWorld, MBAClubIndia, LogoImpressions.in,Twenty19 and Knowafest.com,
 

The inauguration was presided over by Prof. Mukul Gupta (Director) and Chief Guest - Mrs. Renana Jhabvala, Padma Shri awardee and former Chairperson of SEWA (Self-Employed Women’s Association), who spoke of the dire need for economic prosperity, but not at the cost of unruly competition. Co-operation, she said, has to be the key driver for this change. The ceremony was also graced by Prof. Gita Bajaj (Chairperson, PGPM), Prof. Jyotsna Bhatnagar (Chairperson, PGP-HRM), and Prof. Anil Anand Pathak (Chair, Student Affairs).
 

 

The business end of the convention started off with knowledge partners IBM and Western Union conducting their respective panel discussions. The HR panel, in association with Knowledge Partner IBM, discussed “HR Analytics and its impact on employee engagement & employee retention.” The team presented its research on understanding HR analytics and its usage in the present business context. The team then put forward its recommended plan of action. The Finance and Operations Knowledge Partner for Delphique 2013 was Western Union. The topic was‘Creating Financial Inclusion through Socially Innovative Products and Changes required in the Existing BFSI Infrastructure and Regulatory Framework of India’. A team of 6 students presented its research conducted over a period of 2 months.
 

The second day saw four panel discussions with Deloitte and Evalueserve conducting their panel discussions in the morning.Deloitte, the Knowledge Partner for Strategy, pursued discussion on the topic "Emerging Trends in Virtualization and Effects on IT Asset Management". The student team presented its findings on virtualization, its benefits and challenges, emerging trends, strategic planning required for its implementation, managing the virtual environment, and the competitive landscape to an august panel consisting of Prof. Meeta Dasgupta (Professor, MDI), Vishwam Dhaveji and Akash Gupta (Manager,Deloitte) and Prashant Upadhaya (Director, Technology Aricent). The panel lauded the efforts of the presenting team and addressed the various apprehensions and potential pitfalls raised by the team's comprehensive presentation. The Analytics panel discussion of Evalueserve was on the topic, “How Are Knowledge Processes Likely To Evolve In The Next 5-7 Years Due To Technology Advancements?” and consisted of Mr. Manoj Madhusudhan (Global Head of Operations, EvalueServe), Mr. Aditya Jain (Senior Manager, Boston Consulting Group) and Mr. Titir Pal (Associate Director, Absolut Data). The research findings began by introducing the audience to landscape of the KPO Industry - currently a USD 20 billion industry touted to become USD 30 billion by 2016. According to Mr. Jain, the major challenges were the processing of data that is not clean, unstructured, that which cannot be consumed in raw form and does not provide a complete picture. Mr. Madhusudan said that the biggest benefits of analytics are the reduction of time to market, predictive analytics directing decision making, thus replacing traditional market research.
 

The afternoon session started with the Health Care panel, by Fortis. Graced by Mr. Daljit Singh,President of Strategy and Organizational Development at Fortis Healthcare , Dr. Shaveta Dewan Lead, Apollo Quality Program and Special Initiatives at Apollo Hospitals Group and Prof. Jyotsna Bhatnagar,the objective of the panel was to look into the workings of hospital facility from a management perspective and discuss about the growing importance and significance of the hospital administrator role. The team discussed about the drivers of the hospital industry in India and medico and non-medico administrative roles. The discussion was then opened to the panel. Putting forward his views Mr. Daljit pointed out the huge gap in demand and supply in the healthcare sector and the fact that there is still a lot of gap that needs to be bridged to help fulfill all the demand.
 

The Finance/Analytics panel with PwC, discussed "Combating fraud in benefits transfer schemes of the government." The esteemed panel comprised of Mr. Anurag Dua (Managing Consultant, PwC India), Shantanu Chakraborty (VP, Fraud Control and Investigation, GE Analytics), Dr. Sangeeta Chhabra (Researcher, Govt. Consultant, Head, Major Cloud Computing Company), Aaditya Gutgotia (VP, Axis Capital) and Prof. Sajal Ghosh (Faculty Mentor, MDI). The panel had a healthy discussion afterwards where they put forward their suggestions based on their rich experience. Some of these suggestions included more Public Private Partnerships, use of micro ATMs in rural areas and use of Big Data Analytics.
 

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