reyansh iit delhi dms iss 1
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Reyansh IIT Delhi DMSTRANSCRIPT
Reyansh - the ray of light The sun, the moon and the rain, they all remind us of someone, someone who binds us all,
who runs around us as an invisible force and envelopes us together. Yes, I talk about mother
nature, which gives me the light and the energy to move forward. I strive to learn more and
explore the hidden terrains of not only the world but also my mind. I believe in experiencing
everything by myself, I believe in touching all the milestones and I also believe in tasting all the
spices. I have emerged from the sinking suns and I have dived in the rising oceans. My
experience has been growing and I like it to grow, this is my strength, the hidden key to my will
to explore the terra incognita. I like challenges, I like them not because they are fun but they
give me the chance to test myself with the very laws that define nature. My mortal existence
runs through various spheres of life, it lives in forms so many and colors so plenty. I change
forms and I change them frequently, I can be serious yet I would shower fun, I can be daring
and yet I would be humble, I can be working yet I would have the jovial quotient in me. I take
lessons in defeat and I take criticism in victory. I come from various parts of the country, but
yet all my forms are similar in nature, they are always connected, they are always bonded. I
speak different languages but I communicate the same thing. Who am I? I am the urge to
learn, the crave to know and the curiosity to explore.
this issue
Untapped fortune in rural India P.2 Money: It’s still black & white P.3
Viral marketing P.4 World In Motion P.4
Spirituality & Management P.5 Cricket Ka Kurukshetra P.5
The Modern Supply Chains P.6 The Making of Parivartan P.7
Message from the H.O.D
It gives me immense pleasure to
present to you the first-ever edition
of the e-Mouthpiece of
Management Systems Society
‘Reyansh’ on the occasion of its an-
nual Management Festival,
Parivartan'12. DMS has always had
students from varied backgrounds
who brought their own set of
knowledge and experiences and
hence, here the learning happens as
much outside the classrooms as
inside. Reyansh would be the perfect
avenue to bring these perspectives
on a common platform. The name
Reyansh symbolizes a ray of light,
and also personifies the dissemina-
tion of knowledge and learning. The
first issue of Reyansh features the
Students' Speak on contemporary
management issues, words of indus-
try know-how from the alumni as
well as other contributions. I
sincerely hope that ‘Reyansh’
spreads the rays of knowledge to the
farthest ends of the planet in an
inclusive manner. I wish all success
to this effort of our students.
Prof. Sudhir K. Jain
| | reyansh | | DMS IIT Delhi ISSUE 01 January 2012
Untapped fortune in rural India
I am a very big fan of this guy called
Aldous Huxley. He wrote something
about travelling being a waste of
time, money and energy. One does-
n’t find guys or articles like this. Be-
lieve me, if you happen to meet me,
you will have the other person
whose views resonate with Huxley's.
I hate travelling. I hate it and I am
never ashamed to admit it. It is not
that I don’t like visiting different
places and getting lost in the beauty.
I just hate commuting to that place
and packing all my stuff just for a
small tryst with so called beauty.
People like it because I think they
have a good amount of practice in
talking to themselves or getting lost
in deep thoughts and imagining their
future which might be what they are
looking for. Well in that case I am
not the kind. Some like reading,
some like listening to music, but
admit it, it is just a way to kill time
while one travels.
And I am not blaming it on the mode
of long distance transport. Train, bus
and the metallic bird, all are culprits.
And to the reader who is reading
this piece of mine I present thou my
points of justification. You waste
time in travelling. You will be ex-
hausted even if you visit a utopia of
your imagination. Home will be
sweetest, at the end. Crowded
buses, waitlisted tickets, airport
check-ins and bad food, aren’t these
the real pictures of your travelling?
P.S: This idea popped out in my
mind because of my playlist - High-
way to hell and last train home, back
to back.
-Pranav Baj MBA FT 2013
FMCG sector in rural areas is expected to
grow by 40% as against 25% in urban areas.
Maruti Suzuki generates 10% of its sales
from rural sales, amounting to 32,000 cars.
The rural retail market is currently estimated
at $112 billion, or around 40% of the $280
billion retail market.
The success story of ‘bottom of the pyramid’
theory reminds me of the story of the hon-
est, hardworking farmer which was wooed
simultaneously by the angel and the devil.
The angel gave the farmer a loving and car-
ing wife and the devil gave him wine. Obvi-
ously, a caring wife was no match for wine. I
am not suggesting that the Indian consumer
goods industry is any devil but the Indian
rural consumers have certainly tasted wine.
They can buy this wine mainly because now,
more than ever they have cash at their dis-
posal. Due to the recent government meas-
ures like waiver of loans, national rural em-
ployment guarantee scheme and increasing
minimum support price, disposable income
in rural India has been rapidly increasing.
The 66th round of the National Sample Sur-
vey showed that monthly per capita expen-
diture (MPCE) in rural India was Rs 953.05
(US$ 20.69) in 2009-10, an increase of 64.6
per cent from 2004-05.
In a game where stakes involve cashing in on
the 70% of the population of India, reaching
there first is everything and companies have
realized this across industries. Companies
are employing innovative strategies like
HUL’s Project Shakti in which 45,000 Ammas
cover 100,000+ villages across 15 states
reaching 3 million homes to milk the con-
sumers at the ‘bottom of the pyramid’. DCM
Shriram Consolidated Limited (DSCL), which
operates 270 stores of Hariyali Kisaan Bazaar
(one of the largest national rural retail chains
of India), plans to open 20 more outlets by
the end of 2011 and ITC’s ‘Chaupal Sagar’
offers huge variety of FMCG products in vil-
lages. The race is not limited to the brutally
competitive FMCG sector. Mobile handset
companies like Micromax, Lawow and G'Five
are dolling out cheap handsets while Tata
and MTS battle it out for the price sensitive
rural market share. Hyundai Motors plans to
have 1000 rural outlets selling cheaper
smaller cars. Indian banks are also using tac-
tics like Mobile ATMs just to increase their
presence in rural India and with RBI putting
up tough conditions on new entrants in the
banking industry which includes mandatory
operations in rural areas, the credit flow will
increase and with that the purchasing power
of rural consumers.
It is not as though that the rural markets are
an easy piece of cake to bite into, it has a
plethora of problems associated with it like
poor infrastructure, dispersed settlements,
lack of education and a virtually non-existent
medium for communication. Furthermore,
retailers cannot be present in all the centers
as many of them are so small that it makes
them economically unfeasible. Also the atti-
tude of rural consumers is vastly different in
the sense that they have a product price
mapping firmly etched in their psyche. For
example, the rural consumer will not hesi-
tate to buy a washing machine worth INR
8,000 but there is practically no chance that
he will spend the same amount on a wrist
watch. In other words, brands are still irrele-
vant to the rural consumer. For him, the
retailer is the brand. The rural consumer
buys a product of a retailer rather than of a
company or a brand.
The biggest challenge in front of companies
is to instill brand loyalty among rural con-
sumers and this will be the next big game
changer. Still rural India seems to be the
place to be at the moment. As internet pene-
trates the rural India and the rural consumer
becomes more aware and aspirational it will
be very hard for them to reject the lure of
powerful brands. The devil is here and the
wine will slowly start filtering down and then
there will be the realization of the fortune at
the ‘bottom of the pyramid’.
Sajal Agarwal MBA FT 2013
The tracks ain’t that beautiful
Money: It’s still Black & White
Black Money can almost be called (TERMED)
the Achilles-heel of the Indian economy as it
has been a thorn in its growth for the past 3
decades. Although the exact amount cannot
be verified, it has been estimated to the
tune of $600bn - $1.4tn for the year ending
December 2010. A research done by Global
Financial Integrity, a Washington-based anti-
corruption watchdog, concluded that the
size of India’s black money economy was
nearly half its gross domestic product
($600bn). It analyzed data to suggest that
72% of the illicit money generated in India
since independence had been stashed
abroad. But the rest, a staggering $180bn is
still in India, mostly in real estate.
Real Estate has been a reserved parking lot
for most of the illicit money generated in the
country. And everyone amongst us who has
ever been involved in the purchase or sale of
anything remotely related to land has ex-
perienced that. However much we loathe
the dark side of black money, the fact re-
mains that we all have sometimes used it as
a means to achieve the desired end. The
Great Recession gave us a chance to view
the impact of black money in the system
from a different perspective.
The seed behind the Global Recession of
2007-09 (In fact it is still far from over) was
the real estate bubble in the US. The crash in
the property prices in 2007 snowballed into
a huge credit crisis which left the bigwigs of
the US banking system either bankrupt or
begging for tax-payers money. But, the In-
dian banking system, although not shielded
clean, was somewhat averse to the crisis.
The credit for the same has been given to
conservative norms of the RBI. Did the huge
parallel economy of black money have any
role to play in it? In my personal opinion, the
huge quantum of black money could be
looked upon as a growth opportunity in our
current state. As of September 2011, India
had an external debt of $326.6bn. Assuming
the mean of the estimates, at least $1tn of
our money is unaccounted. If the govern-
ment can recover the normal tax amount i.e.
$333bn, we can easily become debt free. But
the question is that even if we manage to
bring back THE BLACK do we have a system
to ensure that it is optimally utilized.
Whilst Art Thou Far
Nishant Kumar MBA FT 2013
Whilst thou art far
from my lone painful heart,
Time doth dilate
in its lengthy wheeling cart.
The joys of a spring
elate me no more,
The flowers, the wind,
the grains, all sour.
The days art not bright
Darkest is the night,
Water quencheth my throat
Not the thirst of my sight.
Dreaded more my dreams art so whence,
layeth a man in the shadow of thy hair,
Playeth with thy curls, the rose of thy lips.
My dreams art not true,
My dreams art not fair.
Whilst thou art near
my cheerful lively heart,
The clock rip-eth away
past and present apart.
Fortnight Numero Uno @ DMS, IIT Delhi I set my first foot on the campus a good two days before the orientation . A huge cam-
pus with the plethora of facilities that it has to offer to the students while their aca-
demic wings are still sprouting lured us into having more than one look around. Fast
forward a couple of days to the act where we were sitting in the department appreciat-
ing the calmness unaware of the fact that it was only the silence before the storm.
‘Welcome to DMS!’ - These words from the wisest wazir marked the beginning of the
Induction program, a new dark age which bestowed plenty of sleepless nights & fat
fines upon one & all. Assignments & then penalty assignments made life seem extraor-
dinarily tough. But as they say, ‘Life’s sweet while it’s tough’. We had some of the finest
experiences of all time during this period. Creative exercises like ‘Street Selling’ &
‘Treasure hunt’ brought out the best in the students. Again, it was here that we learnt
effective usage of a number of quintessential management tools like PowerPoint &
Excel. A fruitful interaction with the seniors & our batch mates was also facilitated by
this meticulously worked out plan which did do a world of good to everyone. To sum it
all I am going to cherish the first two weeks at this illustrious institute for the rest of my
life for all that it had to offer-the immaculate knowledge, the indelible experiences &
the boundless fun! - Ayshwar Pandey MBA FT 2013
By Amit Rander MBA FT 2012
Viral Marketing – Of, For and By the people
With more than 70 million vehicles
sold last year, Automobile Industry is
one of the key Industries in the
world. The most essential domain
for this industry is in its operational
processes.
Operations management in Automo-
bile industry covers almost 80% of
the industry’s functions. It includes a
Production team, Process Engineer-
ing team, Quality Team and SCM
team. Even though the operational
process looks like an interior
function, it also requires market
knowledge for demand forecasting
and supply planning which plays an
important role in controlling inven-
tory. These operational functions are
supported by other verticals like
Marketing, Finance and HR.
Operations in Automobile industry
can be broadly attributed to two
ways of thinking one of Western and
Japanese. They have a contradicting
approach of which neither one can
be selected as the best. But the new
concern area for Automobile indus-
try is Environmental factor.
Considered as one of the major
causes of air pollution, Automobile
emission laws are becoming more
and more stringent which increases
the demand for technology to re-
duce emissions from vehicles.
As per reports, Automobile industry
sales are expected to grow in double
digit for next coming years. So for
any industries or operation
managers, auto industries provide a
platform for observing the best
available operation practices.
- Dharun Prasad R, MBA FT 2013
In a world trending; individualism over col-
lectivist ideology, social networking and the
advent of mobile technologies have kept
humans physically apart, yet virtually to-
gether. While there is seen the need and
search to create one’s own identity, we have
also felt the need to find like-minded people
whoever they maybe. This is what informa-
tion and communication technologies have
enabled today. A (digital) world which is
literally a stage for any and everyone to put
on display, to critique and to observe
(information) ideas, emotions, activities and
thoughts through (mainly) words, pictures
and videos.
Common MBA lore validates through both
common sense and research that word of
mouth is the most effective channel of
advertising. The match point of social media
is that it offers a plausible word of mouth
media virtually free of cost (pun intended). If
I were to suggest that cost was the major
factor for its fame amongst marketers in the
recent years, I would be fooling myself into
believing that companies are actually cutting
their marketing budgets.
Yes Social media is the new Godsend, but it
still has all the challenges in unleashing a
successful word of mouth campaign. "Viral
marketing" is not a strategy, but a wish.
Something goes "Viral", largely by people
choice and not by design. The positive or
negative outcome is completely not in the
marketer’s control. Hence the logical
conclusion: "Social" / "People" are the more
important part of Social media marketing.
Identify people (opinion makers) with
enough say on the web and make them sing
your song for you. This is done by hiring peo-
ple or by inviting them for "special" product
demos/previews. These methods though
undoubtedly effective, have some very seri-
ous pitfalls in the social sense. If an
"opinion" maker is seen as a "paid" pro-
moter of a brand, he loses his credibility as
an expert with a probable backlash on your
brand. The issue with e-writers, reporters
even bloggers, is that they are journalists.
There is the advantage of the target group of
readers and spillover reach of their writings
into e-social circles, but there is no “direct”
viral marketing.
As a proponent of electronic social networks,
I see 2 types of popular shares: One with
good content and another with significant
personal information of the sharing user.
The most "liked" or “socially" promoted hap-
pen to be a hybrid of the two. These posts
are also rare because of the low probability
of simultaneous occurrence of "good con-
tent", "personal information" and "technical
skill” required to shape the content into a
social acceptable format. I see however, that
there is an opportunity here for marketers to
make use of this deficiency and bridge the
gaps by investing to make up for the defi-
ciencies in return for brand association.
Let’s look at some numbers, if we were to
achieve close to 10000 “postable” interac-
tions through our road shows etc which are
shared by the respective customers who
have an average of 50 unique contacts each,
we would have over 5 Lakh direct audience
not counting re-shares and comments. This
form of social media marketing is designed
on 3 pillar initiatives: Pre-designed non-
electronic content, powerful expert editing,
& easy access for the customer to the edited
individual content on an electronic platform/
web site.
The primary task here is giving the brand
promoted as much quality airtime as the
customer. We star customers in creative
content linked to our brand through real
world interactions and give them access to
our content online thereby promoting them-
selves and our brand to the world. Statisti-
cally there are bound to be videos that go
viral within macro groups though not with
the kind of efficiency that is aimed at by
companies presently.
Adithya Rajaraman MBA FT 2013
World In Motion
Spirituality and Management
A tryst with destiny, for a batch in
deep slumber. Numb, toiling away,
facing the daily grind. A breath of
fresh air, an invigorating motivation,
for both the heart and the mind.
Where friends become foes, and
foes become allies; wherein the
genuine test of wits and strength
lies. Welcome to Cricket ka Kuruk-
shetra. Our very own cricket league
where DMSites fight it out on the
field.
It all starts with a star-studded auc-
tion, complete with calculating team
owners, sought-after iconic players
and quick-witted auctioneers. It is an
event in itself, as every new batch
goes for all out hunt scrounging for
the best talent at the best price.
Bidding and faking, spending and
raking, notions and tantrums – all
against the perfect setting of Hans
Zimmer and the heart-pounding
beats of drums. A befitting start that
sets the mood, and gives us a taste
of the brewing storm.
So the field is set, and you can come
place a bet. With 7 teams up in
arms, and an 8 man army each side.
Pride and Honor at stake, winning so
many hearts isn’t a piece of cake.
Here spirits come together and
hearts unite, team owners and team
members alike. Kurukshetra it is, but
we’re a family after all. Though we
may seem to forget, when con-
fronted by a bat and ball. A way to
belong, an occasion to throng; a
heady blood rush, we can rely only
on us; a spell binding fray, where we
swear and we pray.
- Salona Chandna, MBA FT 2013
Are spirituality and management at odds
with each other? Does a spiritual outlook
and method aid or enhance managerial per-
formance? These are typical questions that
come to mind when we are exploring this
confluence. As a practicing business owner,
manager and an Art of Living teacher, I can
go as far as saying that bringing spiritual
principles into management are in fact tak-
ing management principles to their greatest
height.
Do you require a calm and clear mind for
making effective decisions? Does one
require high energy levels for better
management? Does taking more responsi-
bility at the individual level make you a bet-
ter manager? Do better working relation-
ships aid in making organizations more effec-
tive? Do lower ego levels demonstrated too
often by powerful managers help or retard
organizations?
The answers to these questions are, in most
cases, obvious. Hence it becomes clear that
inculcation of spiritual values and techniques
which greatly assist in the above mentioned
areas can be of help in improving organiza-
tions and taking managerial effectiveness to
an entirely different level.
The question then becomes: why are
organizations still going slow in adopting any
of the many paths available for standardizing
across organizations? The answers are many
and some of them have validity. For exam-
ple, there is still a strong concern about not
being seen as propagating a single religion
and / or belief system. The very controversy
associated with religious thought sometimes
acts as a barrier for organizations exploring
what is, to a large extent, still uncharted
territory. e.g. A large IT organization has
explicitly banned professional development
courses form any spiritual organization
headed by a spiritual Guru. This greatly re-
duces the opportunities for gaining from the
breadth of such knowledge.
Organizations are also sometimes tied down
by the need to justify such programs in ROI
terms. It is indeed difficult to show a clear
cut ROI on programs such as these. Re-
search on organizational productivity
through adoption of spiritual techniques is
inadequate and these programs are, by their
very nature, long term. However, feedback
from participants from previous courses and
tracking their effectiveness as individuals can
go a long way in assuaging these concerns.
There is also sometimes a lack of sensitivity
to corporate needs on the part of the
spiritual organizations which do not have
structured teams with adequate exposure to
the corporate environment. To address this
issue, within the Art of Living movement,
there is an APEX program to look after incul-
cation of spiritual and human values for the
corporate sector, A Government Executive
program for the government area and a
SME program to look after the needs of
India’s huge small and medium sector. There
are special courses structured specifically for
the areas. Delivery is handled by specialist
faculty who has deep understanding of the
needs of these sectors. Other well known
organizations are moving towards
specialized corporate courses, but there is a
lot still to be done .
To sum up, bringing spiritual values into
organizations is of the utmost essence for
broad performance improvement in
organizations. The growing acceptance of
spirituality in modern society presents a
unique opportunity for business and other
organizations to take advantage of this huge
productivity enhancement technique. Future
leaders will be those who quickly understand
this unique opportunity and take full
advantage of the same. A deeper
partnership between commercial organiza-
tions and organizations with a strong
core of spiritual knowledge is the burning
need of the hour. The benefits in both
profitability and in human terms across
Industry can be incalculable.
Sanjay Anand MBA FT 1997
Cricket ka Kurukshetra
The Modern Supply Chains
I remember a marketing student
from an MBA college coming for
market research to our home, and
my mom curtly replying that she was
very busy and had no time. I
sympathized with him then and I
empathize with him now.
As a part of the induction
program in DMS, IIT Delhi we were
assigned a street selling exercise.
The moment we hear the word
street selling, we would imagine
some neatly dressed guys with
tucked-in shirts selling dolls
alongside the road. Our task was
similar, but in the place of dolls, we
had some stationery items from an
NGO.
We had to sell the stationery, make
profit and come back, all under 4
hours. The rules of the game were,
not to carry mobile phones and
wallets and 100 rupees given for our
expenditure. We decided not to use
the hundred rupees which were
given to us so that we can show
more profit. So, no travelling on
vehicles, walking all the way,
drinking water in shops under the
disguise of looking their products
and so on were few of our strate-
gies.
The brand of IIT D and NGO helped
us in selling the products. Imagine
the plight of normal salesmen and
hawkers who don’t have either of
these benefits. A salute to the
people of Delhi who bought the
products we were selling to
contribute their share for charity.
- Vadivel Palaniappan, MBA FT 2013
The only competitive advantage companies
have today is the efficiency of their supply
chain. Products are replicable, customers are
willing to shift brands, quality is almost a
constant – it all boils down to getting your
product to the customer when he needs it,
before others do. Supply chains have grown
global, with raw material coming from one
continent, being processed in another to be
sold in a third – this only adds to the increas-
ing complexity of customer demand making
efficient management of supply parameters
imperative. To combat these challenges,
supply chains have evolved from standard
source-produce-warehouse and sell models
to concepts like vendor managed invento-
ries, cross-docking, real time inventory man-
agement and lean supply chains.
How have supply chains changed?
The traditional approach to supply chains
earlier used to be based on backward infor-
mation flow from the distributor to the
manufacturer. The distributor, using his ex-
perience and market data used to place an
order with the manufacturer who from his
warehouse fulfilled the order and also put in
a new manufacture order to refill the ware-
house. The way it happens today is star-
tlingly different. With the sale of a single unit
at the retailer, the checkout counter com-
puter updates the distributor’s database
who in turn ships the new order to the re-
tailer and at the same time adds the item to
its order list, which at a threshold is auto-
matically ordered at the manufacturer.
Vendor Managed Inventories
VMI is a practice that has evolved fast with
retail stores. A traditional large format re-
tailer will at a time have a multitude of prod-
ucts on its shelves, all of which come from
different suppliers and producers. In the old
format, the retailer was supposed to place
orders to refill its shelves but not anymore.
The producers and suppliers are taking con-
trol of managing their inventory in the store,
benefiting both the parties. The retailer just
has to share the sales data with the vendors,
which happens real time, and the vendors
keep track of inventory levels at the store,
decide reorder points and replenish stocks
based on their forecasts.
Cross-docking
The older large warehouse models, as the
companies have increasingly realized are
costly affairs. And with increasing sizes of
product portfolios warehouse management
has been becoming complex. This limitation
was the progenitor of the Cross-docking
warehouse. A warehouse that does not
store, it only unpacks repacks and ships. The
cross docking centre is a conveniently lo-
cated facility at the confluence of incoming
loads from the suppliers and the outgoing
orders to distributors. Full truck loads from
suppliers, meant for more than one distribu-
tor arrive at the cross-docking centre, where
they are unpacked into LTL loads. But the
truck is not sent out just with one supplier’s
orders, the rest of the truck is filled up with
similar LTL loads from other suppliers the
distributor ordered from. This solves the
basic problem of having LTL deliveries, and it
also integrates order fulfillment.
Technology Focus
Innovative ideas to reduce cost and lead
time have been perennial in supply chain
management, but a recent technology focus
has helped these ideas be implemented
faster and much more efficiently. Supply
chains are now fully digitized and it is liter-
ally possible to track one single bottle of
beverage from the point it was manufac-
tured to the moment it was drunk and even
further to when the glass bottle got back to
processing. In essence, companies today
need to evolve every day. The demand for
products has never been so varied, and com-
petition never as hard as it is today. It is in-
novations and methodologies like the ones
mentioned that help companies stay abreast
with the fast changing, fast consuming
world.
Aneesh Dubey MBA FT 2012
When the legs crashed
but the heart refreshed
Parivartan ’12 – The making of
As I checked into the Jwalamukhi hostel on a
rather cold Delhi afternoon for the second
semester, I was greeted by a single
batch mate and a passage of locked doors.
Not one of the more cheerful welcomes one
can get, but quite accidentally I got a gist of
the hard work being put in by Team
Parivartan. With close to half of the
Parivartan organizers residing along that
passage way, the fact that Parivartan’12 was
round the corner became obvious in the next
couple of days. Animated and high decibel
discussions, impassioned speeches backing a
point of view around 3 am or thereabouts
left no illusions about how serious the team
was about Parivartan. This passion and
commitment was infectious and within a few
days I gathered enough courage to enter the
hallowed “War room” alias “the inner
sanctum” of the Coordinator Sudhanshu
Shekhar. The first thing that hits you about
the war room is that is reminiscent of a
typical battleground. A focused group of
men busy trouble shooting, ideating, sending
important communications and wounded
soldiers (the sleep deprived junta) resting
completed the picture. Amidst such chaos, I
managed to get hold of Sudhanshu for a
little chat to get his perspective on
Parivartan’12:
Q.1 What is your vision for Parivartan’12?
How is it going to be different from previous
editions?
Ans: We looked at previous editions of
Parivartan and realized that it was focused
on formal events like case studies and
B – plans. “Corporate Roadies” was
one such informal event which
garnered good response in the previ-
ous edition. Taking a cue from this, we
decided that Parivartan’12 would be a
management – cum – cultural festival.
This time around, we have increased
the no. of events from 7 to 12 includ-
ing informal events like “Nukkad
Natak”, “Aadhaar” and “B- School’s
Got talent” as well as a photography
and Salsa workshop. This will be a
more well – rounded festival.
Q.2 What are the most challenging
aspects in organizing Parivartan’12?
Ans: Sponsorships are a key issue with
any festival. With the markets down
and corporate not willing to spend
too much at this time of the year it was
a big challenge. Hence, we focused on
more sponsors and smaller
sponsorship deals. The IIT Delhi brand
name is powerful and it certainly helps
convincing top talents to come here
and perform. With the Parivartan’12
official website having a huge reach
and it being a well-known B-school fest
among the MBA circles, companies
saw the light of sponsoring Parivartan.
Q.3 Are you satisfied with the end
result?
Ans: I am satisfied with what we have
done up to now. However, the true
Kamath Karan MBA FT 2013
test would be on 28-29th January, the
scheduled days for Parivartan’12. If we can
pull it off without any glitches, it would be
the Parivartan we promised.
Q.4 What are your expectations from this
edition of Parivartan with regard to out-
side participation?
Ans: Outside participation has increased
three fold with participants even from
Mumbai, Kharagpur and Bengaluru.
People are curious about the workshops
being conducted. This year’s DJ night has
an international performer who has
performed in Bali on behalf of ESPN & is a
resident DJ at the Maurya Sheraton, Delhi.
The entire Sunday will be a fun day;
People will get a flavor of DMS with sev-
eral extra-curricular and workshops
planned for this day.
Q.5 What has been the perception of
Parivartan’12 inside DMS?
Ans: Our seniors have appreciated our
work. We have had critics about the man-
agement – cum – cultural festival concept,
but we went ahead with it and are hoping
to answer critics with the success of the
event.
The Team
Pranav Baj, Kushal Agarwal
Gadu Sneha, Sajal Agarwal
Mayank Sharma, Charu Jha,
Ayswar Pandey, Shruti Bathia
Kamath Karan, Salona Chandna
Richa Chnadra, Bunny Kaur,
Darshana Galande, Nitesh Goyal
reyansh
ISSUE 01 JAN 2012
Editorial Board
Department Of Management Studies
Indian Institute Of Technology, Delhi