JBIMS, Mumbai Students Attempt to Bring Reforms at Strategym '09

JBIMS, Mumbai Students Attempt to Bring Reforms at Strategym '09

"Providing a whole new approach to the age old problem faced by the industry and brings about a paradigm shift in the way various business situations are perceived in a fast changing business arena."

This ideology was at display when research papers were presented at Strategym '09, the 14th Annual Business Convention of Jamnalal Bajaj Institute of Management Studies organised at ITC Grand Maratha, Mumbai.

The event was inaugurated by Mr. Keki Mistry, Vice President and MD, HDFC. A total of 8 research papers of varied topics and fields that are relevant in the current scenario were presented in front of experts and high profile panellists from the relevant and corresponding fields. Various aspects were minutely taken into consideration and feasible solutions were presented to each of the problems through these research papers.The panellists gave their recommendations and suggestions for the paper and guided the students to develop on their proposals.

Most papers that were presented were of social relevance. The paper on 'Energy, Environment and Society' focused on tackling the problems of power shortage in India and development of renewable sources of energy. The growing problems faced by the farmers and agriculture in India prompted the students to work on a model of 'Agri-Insurance'. The research paper on 'Bollywood Blockbuster' was aimed at generating a model to reduce the subjectivity involved in the success of a film. The trends in the past were studied with respect to various parameters such as actors. Music director, time of release, etc. and a model was derived at to judge whether a film is probable to be a hit or a failure.

Disposition or commercial utilization of waste is a big problem in India. The solution and recommendations to the problem formed the crux of the paper on 'Waste Management'. Small and Medium scale companies play an important role in development and growth in India. The research paper on 'Indian SMEs - A roadmap to Global Competitiveness' analysed the major growth drivers for SMEs in various sectors and presented key growth areas for the SMEs to grow and be globally competent

The 3rd prize winner at Strategym '09 was the paper on 'Revamping the Indian Postal System'. Postal system being the primary means of communication for large part of Indian population, the paper presented a model to revamp the business of Indian post by exploring initiatives that Indian Post needs to take to serve the emerging needs of a growing economy.

The paper on 'Buyback of Securities', which was awarded the 2nd prize at Strategym, analysed the problems face various Stakeholders when a company buys back its securities, whether the current regulations are sufficient and gave their recommendations to make the process friendlier to the stake holders.

The winning paper at Strategym this year, 'Mitigating traffic Congestion in Mumbai', analysed various major issues affecting the severe traffic problems in the city and evaluated the feasibility of waterways as an alternate means of transport.

The panellists and experts congratulated the students of JBIMS for taking up topics of such social relevance and that the quality of research that was carried out for each paper surpassed their expectations and did full justice to the legacy of the institute. In the past, research papers presented at Strategym have been bought by companies like UTV and LIC.

Strategym successfully concluded its 14th year since its inception in 1995 with an attempt to positively affect the society and a promise to be back with more of such initiatives and bigger responsibilities next year.

* Contributed by -
The Corporate Relations Committee,
Jamnalal Bajaj Institute of Management Studies, Mumbai.

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