Strategym 2013 – The Annual Business Convention of Jamnalal Bajaj Institute of Management Studies

An amalgamation of innovation and ideas of the youth with the expertise of the corporates is the essence of Strategym – The Annual Business Convention of Jamnalal Bajaj Institute of Management Studies. This ideology was at display when research papers were presented at Strategym 2013, organized at Convocation Hall, University of Mumbai.

Strategym 2013 was inaugurated by Mr. Shripad Ranade, Senior Principal – Auto & Engineering at Tata Strategic Management Group. A total of five papers were presented by the students that emphasized 'Reforming the Indian Economy- Creating hope for people in times of policy paralysis' the theme for this year. The teams presented research papers in varied fields that offered pragmatic solutions to tackle various socio-economic issues. The teams were judged by experts and eminent panelists from the relevant fields who gave their recommendations and suggestions, to help students further develop their proposals.

Indian Railways is finding it difficult to meet the expectations of a growing economy and the paper “Indian Railways Whistles for a Turnaround”[/b] suggests improvisations in its passenger and freight sections. The paper also comes up with a brand makeover exercise for the Indian Railways.

DSC_0295.JPG


The dwindling contribution of the agri-sector to the national GDP in spite of it being the source of livelihood for a huge population prompted the students to come up with a model that takes agri-commodity trading to the doorsteps of small farmers through their paper "Extending Secured Nano Credits to Farmers to Foster Rural Entrepreneurship". This model combines commodity futures, crop insurance & logistics to mitigate risks for the farmers.

Through the research paper "Tapping the Potential of Solar Power Pumps in Irrigation" the students evaluated the current energy scenario in India, highlighting the government mechanisms in place to promote solar energy. Further, the paper made a business case for solar power pumps to be used in irrigation.

DSC_0468.JPG


The paper on ‘Bridging the Urban Rural Healthcare Deficit’, which was awarded the 2nd prize at Strategym’13, worked at unraveling the potential of the Indian healthcare industry by proposing a sustainable, replicable and scalable model with an ultimate goal of universal healthcare.

The winning paper at Strategym this year, ‘Direct Cash Transfer’, performed a critical analysis of the cash transfer system in India, its benefits and shortcomings to both the government and the public for which it is intended. The paper compares the current system with the global best practices and then suggested methods to streamline the entire process.

The panelists and experts congratulated the students of JBIMS for taking up topics of such social relevance and mentioned 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 adopted by companies like UNICEF, UNDP, DHFL and LIC.

Strategym successfully concluded its 17th year since its inception in 1996 with an attempt to positively affect the society and a promise to be back with more of such initiatives and bigger responsibilities next year.

 
The StrategyM 2013, the Annual Business Convention of Jamnalal Bajaj Institute of Management Studies (JBIMS), marked a significant milestone in the academic and professional calendar of the institute. Held in the bustling city of Mumbai, this event brought together a diverse array of participants, including students, faculty, industry leaders, and alumni, to engage in a robust exchange of ideas and insights on contemporary business trends and challenges. The theme of the convention, "Innovate to Elevate," resonated deeply with the spirit of entrepreneurship and innovation that JBIMS strives to instill in its students. Keynote speeches from eminent personalities, panel discussions, and interactive workshops provided a platform for attendees to explore the latest developments in areas such as digital transformation, sustainable business practices, and emerging market strategies. The event also featured a business plan competition, where aspiring entrepreneurs pitched their innovative ideas to a panel of judges, offering them a unique opportunity to gain valuable feedback and potential funding. StrategyM 2013 not only enhanced the academic experience of the participants but also reinforced JBIMS's commitment to fostering a dynamic and forward-thinking business community.
 
Strategym 2013, the 17th Annual Business Convention of Jamnalal Bajaj Institute of Management Studies (JBIMS), was held at the Convocation Hall, University of Mumbai. This event serves as a platform to amalgamate the innovative ideas of youth with corporate expertise, primarily through the presentation of student research papers.

The convention was inaugurated by Mr. Shripad Ranade, Senior Principal – Auto & Engineering at Tata Strategic Management Group. The central theme for Strategym 2013 was "Reforming the Indian Economy- Creating hope for people in times of policy paralysis," and five student teams presented research papers offering pragmatic solutions to various socio-economic issues. The papers were evaluated by expert panelists who provided recommendations for further development.

Here's a summary of the papers presented:

  • "Indian Railways Whistles for a Turnaround": This paper proposed improvisations for both passenger and freight sections of the Indian Railways, acknowledging its challenges in meeting the demands of a growing economy. It also suggested a brand makeover strategy for the railways.
  • "Extending Secured Nano Credits to Farmers to Foster Rural Entrepreneurship": Addressing the declining contribution of the agri-sector to India's GDP despite its large workforce, this paper presented a model to bring agri-commodity trading directly to small farmers. The model integrated commodity futures, crop insurance, and logistics to mitigate risks for farmers.
  • "Tapping the Potential of Solar Power Pumps in Irrigation": This research evaluated India's current energy landscape, highlighted government initiatives promoting solar energy, and presented a business case for the adoption of solar power pumps in irrigation.
  • ‘Bridging the Urban Rural Healthcare Deficit’ (2nd Prize Winner): This paper focused on unlocking the potential of the Indian healthcare industry. It proposed a sustainable, replicable, and scalable model with the ultimate goal of achieving universal healthcare.
  • ‘Direct Cash Transfer’ (Winning Paper): The winning research conducted a critical analysis of India's direct cash transfer system, examining its benefits and shortcomings for both the government and beneficiaries. It compared the existing system with global best practices and suggested methods for streamlining the entire process.
The panelists commended JBIMS students for choosing topics of significant social relevance and expressed that the quality of research exceeded their expectations, upholding the institute's legacy. Notably, in the past, research papers presented at Strategym have been adopted by organizations such as UNICEF, UNDP, DHFL, and LIC, underscoring the practical applicability of the students' work.

Strategym 2013 successfully concluded its 17th year, reaffirming its commitment to positively impacting society and promising to return with more initiatives and greater responsibilities in the future.
 
Back
Top