Parable - IIM Ranchi, February 2016

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     Radix 2016 

    Inside this issue:

    Radix 2016 1 — 2

    Farewell Ceremony 3

    Lohri & Moonlight

    Serenade

    3

     Editorial 4

    IIM Ranchi

    IIM RANCHI Parable

    Special points of

    interest:

    Radix 2016

    Farewell Ceremony

    Lohri & Moonlight

    Serenade

    FEBRUARY 2016 VOLUME 3 ISSUE 4

    “Farewell has a sweetsound of reluctance. Good-

     by is short and final, a word with teeth sharp to bitethrough the string that tiespast to the future.” 

    – John Steinbeck  

    It is difficult when yourfriends and mentors leaveto take on new challengesand start new chapters in

    their life. But it is inevita- ble, and it leaves you with asense of responsibility, aneed to take on the reinsand carry forward the good

     work they began.

     At the same time, youaren’t left in the dark tonavigate unchartered terri-tory because you have been

     well prepared and groomedto face whatever may come.

    The farewell ceremony forthe 2014 – ‘16 batch, Radix2016, and more in this edi-tion of Parable. 

    The second edition of Ra-dix, the management con-clave of IIM Ranchi washeld on the 20th and 21st of

    February, 2016. Radix waslaunched with the idea ofincorporating right valuesin young minds, impartingeducation relevant for a

     world that is ever connect-ed, and to encouragehealthy competition andcollaboration. Through themanagement conclave, thestudents looked forward tosupplement the classroomlearning experience withnecessary industry expo-sure by interacting with

    industry stalwarts, entre-preneurs and academicgurus.

    Radix 2016 saw some bignames who are experts at

     what they do. The speakers were – Mr. Awdhesh

    Krisha (MD, Global Headof HR, Wholesale Opera-tions, NOMURA), Mr. San-

     jeev Kumar (Deputy Gen-eral Manager, CorporatePlanning, MECON), Mr.Sandeep Chatterjee(Associate Director,KPMG), Mr. Amit RanjanDasgupta (General Manag-er, CET, SAIL), Mr. AmitChoudhary (Senior VicePresident, Corporate Fi-nance, Snapdeal), Mr. Vi-

     vek Mehta (IndependentConsultant), Mr. Saran-

    deep Singh (Leadershipand Startup Consultant),and Mr. Meesum Kazmi(Director, Analytics Advi-

    sory, PwC). 

    Day 1 

    Day 1 of Radix 2016 startedoff with an inauguralspeech by Prof. GauravMarathe. His encouragingand gracious welcomespeech touched upon someinteresting and lessthought about aspects of

     business education such asa student being exposed toabout 1500 ideas duringthe course of business edu-cation.

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    Radix 2016

    Page 2  VOLUME 3, ISSUE 4

    He also talked about the 3 barriers to implementing ide-as: the barrier to buy in, the

     barrier to break in, and the barrier to build. The speech was followed with the lightingof the lamp before the firstspeaker took the stage.

    The first speaker for the day was Mr. Awdhesh Krisha, whosaid "What matters is notcompetence, but character,not success, but significance".He concluded saying "the

    name Radix is apt, it's about building strong roots, at theright time and all the moreimportant because it's easy torise to the top, but difficult tostay there."

    HR Neeti, the first annual HRmagazine by HiRe, the HRClub of IIM Ranchi, based onthe theme 'Big Data and HR

     Analytics' was launched at theevent.

    Mr. Sandeep Chaterjee took

    the stage next, and talkedabout strategy, and empha-sized on the importance ofimplementation. He alsostressed on why you shouldn'tdecouple strategy and execu-tion. 

    Mr. Amit Ranjan Dasguptapointed out that IIM, apartfrom Indian Institute of Man-agement, also stands for'I'deas to 'IM'plementation,

     which was the theme of this

     year’s Radix.

    The next speaker, Mr. SanjeevKumar, stressed on the im-portance of carrying out riskassessment in the journey'From Ideas to Implementa-tion'.

    Raghavendra SinghMahiyaria, Secretary, StudentCouncil concluded Day 1 ofRadix with a vote of thanks. 

    Day 2 

    Prof. Rohit Kumar, in his wel-come speech, emphasized theimportance of putting stu-dents in the center of all activ-ities and mentioned that IIMRanchi is a student centricinstitute.

    Mr. Amit Choudhary, the firstspeaker for the day mentioned– "A good idea is 10% the jobdone, and hard work and exe-cution is the remaining 90%." 

    Our next speaker, Mr. VivekMehta, started off by saying – "I ignite business ideas, ferti-lize, and then incubatethem." He urged students tonever say no to an idea and tolisten to and synthesize everyidea that they come across. Healso mentioned that the quali-ty that breeds success is posi-tive attitude and that even thesmallest idea becomes imple-mentable then. He concluded

     by saying “Marketing today

    has to fulfil the emotional andrational needs of the consum-er from day 1. It is not justabout making noise anymore." 

    The next speaker,Mr. Sarandeep Singh, wasabsolutely amazing and he gotthe conclave brimming withenergy, laughs, and excite-ment! He got everyone think-ing about their strengths and

     weaknesses, and requestedeveryone to focus on strengthsand to set aside weaknesses!

    He also got everyone to dis-cuss their ideas with their idea-partners and the idea-partners to suggest ways to getit off the ground and get themimplemented.

    Mr. Meesum Kazmi kicked offthe post lunch session by de-mystifying the journey fromstrategy to execution for thestudents of IIM Ranchi. 

    The interactions were fol-lowed by a panel discussion on

    the theme “Baby Steps or BigLeap.” The two days of inter-actions and exchange of ideas

     were not only enlightening, but also exciting. With theideas, and the strategies andtactics to implement thoseideas recorded safely in theminds of students, the secondedition of Radix, the manage-ment conclave of IIM Ranchidrew the curtains. 

    "I know quite

    certainly that I

    myself have no

    special talent;

    curiosity,

    obsession and

    dogged

    endurance,

    combined with

    self-criticism,

    have brought

    me to my ideas"

    – Albert

    Einstein

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    Farewell Ceremony

    Page 3  VOLUME 3, ISSUE 4

    The traditional farewell cere-mony for the batch of 2014 – ’16 was held at the RanchiGymkhana Club on the 18th ofFebruary, 2016. The alreadycolourful venue became even

    more so, as the students walked in dressed in their best, and settled down ingroups around tables. Soonthe discussions, jokes andlaughs brought alive the placeas more and more peoplepoured in. The junior batchhad some fun events planned,

     which started off with a short video that captured 2014 – ’16 batch’s two years at IIM Ran-chi.

     As the music started, everyone

    got to their feet, dancing to thetunes, and taking occasional breaks to chat. It was fun watching students either mov-ing or getting dragged alongfrom one group to the otherand changing the dance stepsto sync with that of the group.

     As the evening wore on, danc-ing continued, but the thoughtstarted to weigh heavily oneveryone that soon the batchof 2014 – ’16 would be leavingthe campus and starting off on

    a new journey.

     At the end of the night, the junior batch wished the senior batch the best of luck for theirnew lives, hoping that they

     would cherish the memoriesof their friends and the bonds

     built from IIM Ranchi for the

    "As it

    somehow

    always

    manages

    before the

     winter

    solstice, but

    never after,

    the early

    darkness was

    cheerful and

    promising,

    even for

    those who

    had nothing"

    – Mark

    Helprin

    The Cultural Committee andThe Literary Club of IIM Ran-

    chi joined hands to bid fare- well to Winter Solstice and welcome the harvest festival by celebrating Lohri.

    The celebrations kicked off with the event Moonlight Ser-enade, in which the studentsrecited poems around the

     warmth of the bonfire. Sharonrecited one of her own compo-sitions, enchanting everyone

    present at the gathering.

    The DJ, with the selection ofupbeat songs, got the crowdmoving around the roaringfire. The dance, with studentsforming several small circlesaround the fire was delightfulto watch with the flames danc-ing along and the shadowstrying to keep up. Traditionalsweets made of till were dis-tributed and the students con-

    tinued dancing around thefire, taking occasional breaks

    to have more sweets and tothrow peanuts into the fire.

    The music, dance and conver-sations went on till the fire

     burned down. All in all, it wasan evening filled with laughs,dance, and plenty of snacks tomunch on. 

    Lohri and Moonlight Serenade

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    Letter from the Editor

    INDIAN INSTITUTE OF MANAGEMENT, RANCHI

    The ninth Indian Institute of Management was established at Ranchi in 2010. This was made possiblewith the extensive support of the Indian Institute of Management Calcutta and the Government of Jhar- 

    khand, working under the guidance of the Ministry of HRD, Government of India.

    We started at a time when competition and aggression were prevalent in management education. Under- 

    standing the need to incorporate right values in young minds, IIMR was started to incorporate right values

    in young minds and impart education for the information age that encourages networking and collaborative

    advantage.

    IIM Ranchi currently offers a two year PGDM in General management and another two year fulltime

     programme in Human Resources Management (PGDHRM), Fellow Program in Management and 18

    month part time Diploma in Management (PGEXP).

    Our programs are different and we are an institute with a difference.

    IIM Ranchi, Literary Club

    mail us: [email protected] Ranchi

    Indian Institute of ManagementRanchiSuchana Bhawan,5th Floor, Audrey HouseCampus,Meur’s Road, Ranchi –  834 008

    “First they ignore you, 

     Then they laugh at you,

     Then they fight you,

     Then you win” 

    Oft misattributed to the Father

    of our Nation, Mahatma Gan-

    dhi, the true author of these

     words is unknown. What is un-

    deniable, however, is the power

    and truth behind these words.

     The paths to greatness are rarely

    ever paved with sandstone and

    marble, or lined with shady

    trees. It is invariably, a journey.

    One that begins as a soft dream,

    a whisper that slowly “bewitches

    the mind, ensnares the senses”

    till one chooses to chase that

    dream. It is a journey filled with

    questions, doubts and often

    outright ridicule. But the prom-

    ise of the fruit, the light at the

    end of the tunnel is what makes

    one choose the road not taken.

     And as the class of IIM Ranchi,

    2014-16 prepares to take its

    leave from this institution, we

     wish to remind them of this.

     The best of journeys begins with

    the softest of admissions. It will

    never be a simple, peaceful way,but then, no one ever promised

    you that. There is a song by

    Semisonic called “Closing

     Time”, which says “Every new

    beginning comes from some

    other beginning’s end.” And this

    new beginning will take you to

    shores unknown, destinations

    undreamt of, and thoughts and

    ideas never even imagined be-

    fore.

    “Possessing what we still were

    unpossessed by,

    Possessed by what we now no

    more possessed,

    Something we were withholding

    made us weak,

    Until we found out that it was

    ourselves,

     We were withholding from our

    land of living,

     And forthwith found salvation

    in surrender,

    Such as we were we gave our-

    selves outright” 

     –  Robert Frost

     The dream will never be yours

    unless you give it to yourself, but

    this institution has imparted you

     with the tools of knowledge to

    now gift yourselves outright the

    dream you have chased for

    years. We look forward to seeing

    you again, and wish you the best

    on this journey. As they say,

    “Hold on tight, it’s gonna be a

     wild ride.” 

     Apoorv Ashutosh

    On behalf of

    the Literary Club 

    http://www.iimranchi.ac.in/