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Team Srishti - SPJIMR Team Srishti, a team of four comprising of Iyer Krishnamurthy V, Peeyush Arora, Avinash Rao and Gautam Agarwal, all second year Post Graduate students at S. P. Jain Institute of Management and Research took home the top honors at the recently held prestigious 'Best Summer Project Contest for Management Students' competition organized by the Institute of Management Consultants of India. This event was another feather in the cap for the well-accomplished team and proved once again how well received the unique concept of the DOCC initiative was by industry and judges alike. This prestigious 'Summer Project' competition the final round of which was held at the Y. B. Chavan Auditorium on September 13th 2003, annually draws a wide spectrum of competing teams from the top management institutes of the country. The Finalists this year included 5 teams from IIM A, IIM B, SPJIMR, IIT SOM and Welingkars. This event every year sees wide participation from Industry and Academia alike. The Judges who presided included luminaries from Industry such as Dr. Gita Piramal, Mr Kunal DasGupta, CEO Sony Entertainment TV, Jayanth Pendharkar and Deepak Ghaisyas. The Institute of Management Consultants of India is the apex body of managing consultants in India and is part of the larger International Council of Management Consulting Institutes. The Finalists this year covered a wide range of topics from Arup ghosh of IIM A, who presented a paper on Mortgage Bank Securities based on his experience at Lehman Brothers Tokyo, who incidentally finished runners up to Team Srishti with their presentation on the transformation of an unstructured environment, Srishti being a home for the mentally challenged in Bangalore. Other projects included one on the hot topic of ITES and a not so run of the mill study of private dairy units in Maharashtra and Gujarat. Ecstatic! - SPJainites Celebrate the IMCI Triumph The event received wide patronage by Industry and saw active participation and enthused crowds from the top business schools in Bombay and around besides a host of IMCI member delegates and corporate luminaries. The winning project by Srishti titled 'For Beautiful Minds... - Engineering Change and Streamlining Operations at Shristi Special Academy' outlined how Team Srishti went about transforming an NGO, Srishti being a school for the mentally challenged situated in the outskirts of Bangalore, from an unstructured organization into a profitable and managed institute. Through their efforts these enthusiastic four found ways and means of applying their management knowledge to practical use from devising means of raising the corpus required to implementing a cost accounting practice for the organization. They engineered new internal systems including developing a package for managing and accounting Corporate and One time Sponsors. Through their initiatives they transformed the organization from the financial red to a well-managed unit stressing on the need to create a reserve and to bring in structure into the handling of the revenue generated and costs incurred. Most importantly, however, Team Srishti were able to sensitize the audience to the needs of the unstructured social sector and the plight of the underprivileged and this struck a deep chord with most members of the audience and indeed the judges who in a post event interview specifically cited how the commitment and dedication besides the exemplary work done by the team particularly impressed them. In a heartening gesture realizing the selfless act of these committed management students, who spent 6 weeks as part of their DOCC initiative without stipend or support helping Srishti to further a noble cause, the judges announced an additional on the spot financial reward to the team members. S.P.Jain Institute of Management and Research has institutionalized as a practice under its Center of Development of Corporate Citizenship (DOCC) the concept of a summer project spent serving the social sector in India, wherein PGDM participants spend 6 weeks working with varied NGOs and Players in the social sector toward fulfilling management and consultancy assignments in these unstructured environments. Students in addition spend 6-8 weeks working in the corporate sector (the conventional Summer Project) as part of their Autumn Project. This is incidentally the third time S.P.Jain has claimed top honors at the IMCI Best Summer Project Contest. Contributed by - |
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