Campus News

CM Bommai Released a Report on Human Capital in Karnataka

The Chief Minister of Karnataka Sri. Basavaraj Bommai released a report on “Human Capital in Karnataka: An outlook of new age skill imperatives for the new age workforce” in a BCIC program held on 5th August, 2022 at Bangalore. Dr.C.N. Ashwathnarayan, Minister for Skill Development, Government of Karnataka was also present along with the Chief Minister while releasing the report. 
 
This report was prepared by Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD), Mysore for Bangalore Chamber of Industry and Commerce (BCIC). SDMIMD’s BCIC Centre for Excellence at Mysore has the vision of accelerating the pace of industry-academia collaboration for the betterment of the society and the present report is towards fulfilling the Centre’s objectives. 
 
This report was designed based on intensive research and interviews with several eminent industry leaders and academic experts. 
 
The report assessed the present state of skill gap in Karnataka from the lens of seven specific industry verticals such as heavy industry, automobile manufacturing, hospitality, banking, financial services and insurance, IT and ITes, pharmaceutical and consultancy services. While analysing the skill gap, the study attempted to estimate the future need of new age skill sets and the potential of academic institutions to scale up to meet the skill requirements of the industry in Karnataka. The report also offers the frameworks and recommendations to the government, industry and academia for individual and joint actions on upskilling the youths with new age skills to make them employable and productive. 
 
The Chief Minister and the Minister, after releasing the report in the presence of industry stalwarts, were appreciative of the report and assured policy actions based on the report and its recommendations. The program was attended by more than 300 industry leaders.
 
Dr.B.Venkatraja, Associate Professor of Economics, Shri Dharmasthala Manjunatheshwara Institute for Management Development, Mysore was the Lead Researcher for the report. 

Workshop on Giving Back to Society by Prof. Saju Jose

‘Due to the economic turmoil, corporate social responsibility (CSR) and sustainability issues are acquiring more value and importance, particularly in the business sector. Business financial success is inseparable from the environments and societies within which they work. Failing to account for longer-term social and environmental impacts makes business practices unsustainable. CSR and sustainability provide a competitive advantage’ thus said Dr. Saju Valliara Jose, Associate Professor – Marketing, College of Business, Abu Dhabi University, UAE, the faculty resource for the 2-Day Workshop on ‘Moving Forward by Giving Back – Corporate Social Responsibility’ held on August 3 & 4, 2022, at SDM Institute for Management Development (SDMIMD), Mysore. 
 
The Corporate Social Responsibility (CSR) initiatives in business organizations is addressing various social problems such as community development, awareness building, environment protection, etc. The concern from the various stakeholders of a business entity to perform business in a more socially responsible manner has added towards such initiatives.  This has given them the edge for attracting investment, social inclusiveness, government benefits, etc. In view of this young managers should be aware and well-read about this social inclusiveness activity in the corporate world. The workshop addressed this requirement from an international perspective by Dr. Saju Jose, who visited SDMIMD as part of the Faculty Exchange Program. 
 
The HR Specialization students for PGDM 2021-2023 Batch had an opportunity to share their thoughts, opinions, case learning, industry visits and above all the learning from their Socially Relevant Projects which they conduct as part of the PGDM program with Dr. Saju Jose, during the workshop. The real-life cases from both India and abroad; and the activities such as guessing the mission and the vision statements and creating CSR policies for a few industries like the construction industry, universities, airline industry, etc., made the workshop participants to get the holistic learning about CSR.  
 
The informative, interactive and knowledge gaining workshop concluded with a group photo session with the visiting faculty. 

EAE Spain Students visited SDMIMD for Exchange Program

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“life begins at the end of your comfort zone”! When the students move out of their comfort zone, experiential learning teaches them life beyond the classroom and the holistic perspective of social wellbeing.  This was the takeaway for the EAE Business School students who were on Student Exchange Program (SEP) visit to India at the partnering premier B-School SDM Institute for Management Development (SDMIMD), Mysuru.
 

The SEP 2022 program was designed and offered with the theme ‘Social Responsibility’. The EAE students had an opportunity to learn from the domain experts about various topics in line with the focused theme of Social Responsibility. The learning from the CSR initiatives from the Indian corporate world and its impact on society was the core takeaway for the visiting students during the industry visits.
 
EAE Business School students carried out a Socially Relevant Project at Shri Kshethra Dharmasthala Rural Development Project [SKDRDP] in the nearby villages in Srirangapatna, along with students from the host institute. The joint project helped them to experience the social inclusiveness and the modus operandi of the socially relevant projects. 
 
The 15-day intensive SEP 2022 blended with classroom sessions, industry visits, on-field project work, visit to tribal settlement area, visit national monuments, cultural performance, yoga sessions and experiencing Indian food, culminated with the Certificate Awarding Ceremony on July 29, 2022, at SDMIMD Campus.     
 

Cultural Show by SDMites Kalanubhav Team

The cultural committee of SDMIMD Students - Kalanubhav presented the glamourous and impressive cultural show on July 28, 2022. The platform gave an opportunity to the PGDM 2021-2023 students to present their cultural talent and team work. The show attracted the students from EAE Business School, Spain, who are on a Student Exchange Program 2022 also to step it for Indian movie songs.  

Freshers Day 2022 to Welcome PGDM 2022-24

SDMites from the SDMIMD flagship program PGDM 2021-2023 welcomed their juniors with a grand gala and musical treat on July 29, 2022. The 2nd Years shared the stage with their juniors to showcase their talent during Freshers Day. Faculty, Staff and students of the institute enjoyed the welcome. 

MDP on Business Data Analysis with Microsoft Excel and Power BI

A Management Development Program (MDP) was organized on July 26 & 27, 2022, to provide hands-on experience using MS Excel and Power BI for Data Analysis. The participants enjoyed the engaging sessions on the tools with the realtime datasets under the guidance of the MDP faculty resource Prof. M. Minhaj, Associate Professor - Systems, SDMIMD, Mysore. 

Building your brand on the world stage - Talk by Harsha Adya

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'Imitating the West you don’t become a success, people appreciate it if you demonstrate your values' said Harsha Adya, Managing Director, Wuerth Electroniks.
 
Addressing students on ‘Building your brand on the world stage' on Wednesday, July 13, 2022. Mr. Harsha said 'Trust factor develops when we have our own roots and culture; people see what is special within us. We have a lot of good core values, the ecosystem has grown and we can pass them on to the west. People are looking at different things; imitating the west will not make us successful as people are looking at different things.  Stand on your roots which are very important, please do not lose them if you lose them your identity is lost, you are Indian, and be proud of our core values'.
 
While speaking on competence, Harsha said Competence is more about not only knowing subsystems in-depth but it’s also knowing about the entire system and how it works. Hence I would like to stress not only concentrate on subsystems but look into the overall system which is very important today when technology is evolving. He also spoke on passion, the importance of planning and timeliness, and values & culture. While delivering talks on values and culture he called upon students to focus on long-term gains instead of short-term gains and build a very good professional network which is a pillar of success and which is also easy to get many things.
 
The new batch of PGDM 2022-2024 students, faculty members, and invited guests were present during the session which was arranged as part of the Orientation Program 2022.

Evolution of Digital Payment – Talk by Alumnus

Mr. Abhijit Korti, SDMIMD Alumnus & AVP – Digital Banking, Jana Small Finance Bank, addressed the new batch of the PGDM Program during Orientation Program on July 9, 2022. Mr. Abhijit focused his talk on ‘Evolution of Digital Payment in India’ introducing the journey of the digital payment system and the changing dynamics of work, workforce, and workplace in the digital world. The talk helped the new bees to realize and understand the additional skills needed apart from the prescribed studies to be in the race in the digital world. The talk concluded with a Q&A session. 

Opportunities in the Finance Sector – Talk by Alumnus

The informative and motivational talk by SDMIMD Alumnus Mr. Harinath Gopalswamy, CEO-Fintelligence, was organized on July 9, 2022, as part of the Orientation Program for the PGDM 2022-2024. Mr. Harinath introduced the various avenues and opportunities in various domains of the finance sector in the current corporate world. The preparation demanded having a perfect credential to meet the aimed role was discussed with necessary skill enhancement courses available in the MOOC platform were shared. The new batch had a great Q&A session with Mr. Harinath.

HR Challenges during Post COVID – Talk by Alumnus

‘The talent acquisition, retention, and management during the post-COVID scenario have challenged the HR domain. The challenges have made the corporates prioritize employee wellbeing and build their strategies around a Human-centered environment where talent retention is the key’ thus said Mr. Sandesh Murchy, SDMIMD Alumnus and Director, HRSDX JAPAC, Oracle, during the invited talk organized on July 9, 2022. Mr. Sandesh was delivering the talk on ‘HR Challenges in the Post-COVID scenario’ to the PGDM 2022-2024 Batch. The talk was organized as part of the Orientation Program 2022.