The Management Review - March, April & May 2023

Editorial Committee Mr. Alwala Devender Reddy Mr. P. Ranga Reddy Kingshuk Nag Joint Secretary & Editor Managing Committee Member Former Resident Editor, Times of India Hyderabad M. Somasekhar Mr. Suresh Kochattil Senior Journalist Former Associate Editor, The Hindu Business Line Hyderabad Mr. Sameer Saksena Mrs. Geeta Mallikarjunan Director The Good Edge COO, HMA CONTENTS The President’s Desk 3 ISRO Journey Muralidhar Ayyagari10 Team HMA - 2022-23 4 Public Speaking Activity Report - March 2023 13 Preeti Agarwal6 Activity Report - April 2023 19 Design Thinking: Unlocking Customer-centric Growth Activity Report - May 2023 25 Suresh Kochattil8 Feedback: There is nothing like honest feedback. We request you to go through this issue of The Management Review and give us your suggestions on how to improve the design and content of the same. You can email us on : [email protected]

Mar - May 2023 | Issue: 05  |  Volume: 27 The President’s Desk V Ramchander Managers. This was one desired thought had well appreciated. Dr Rajanna of TCS was President 2022-23 at the beginning of the year and the ice was bestowed with the Lifetime Achievement Hyderabad Management Association broken. This has led to going in for an MOU Award of HMA. The role of the peers has to with the Corporate for the entire year coming be acknowledged for enabling this continuity Namasthe! and also resulted in another following suit. and keep the flag of HMA flying high and it This certainly is a good augury to enhance a really was a satisfying experience to honour Greetings to all the esteemed members!! sustainability to the young managers instead the Past Presidents on the occasion. of a one-off program. It is a matter of happiness to be in front of Every citizen has a responsibility to you with the Management Review magazine , The Student Development Programs, which protect the planet and the world today is which perhaps is the last under this tenure as incidentally has been another area of focus focussing on sustainability and protecting President. It indeed it has been a great honour too has been done in an improved manner, the environment through reducing carbon to lead this prestigious organisation with the catering to many colleges. The effort always footprint, increasing green energy, enhanced support of a respected and committed team has been to bring out the latent talent which social responsibility and good governance and advice from the leaders of the past. is embedded in the budding young students through ESG mode . Accordingly, in so that they can perceive their strengths, its established foray in enhancing good The year has passed by in a quick time, but work on their weakness and learn to grow management culture and practices, HMA has it raises a pertinent question, how time can from strength to strength. MOUs are entered taken a small step forward, in registering be quick! It perhaps is, because it creates a into with few Colleges, to name Marwari itself for carrying out CSR activities for feeling that the years’ time was insufficient Shiksha Samithi with others following suit, Corporates as a new but a relevant activity. and there were further things to be done ! which incidentally is enabling HMA to have sustained programs with the Management An area where more could have been done is It is well known that , the focus in HMA, in Schools for a year and beyond. In tune with enhancing the membership base of HMA as whatever activities done, always has been on this more than 50 programs were done in there certainly has been lower results, though enhancing good management practices in the addition to a day long program of Quiz, there has been an increase. The thought that ” right way as possible . Indeed Team HMA Paper presentation, Elocution & project Each Member bring One” needs to constantly throughout the year has put all efforts in this presentation in a competing atmosphere pursued with, which certainly will improve direction. With the expectations raised at the with students from leading Management the numbers, hence create more new thoughts beginning of the year always at the back of schools participating. Further, the 4th and newer activities in the organisation. mind, some of which were ambitious, has Industry Readiness Program( IRP4) has pushed all at the helm to strive to come nearer been completed successfully with several It is well known that the step to get into to it. In this year long endeavour, this Team students benefitting from it. The fee was managerial role at any level, is exciting, work won in delivering to a large extent, but highly subsidised and has been made very challenging, calling for greater responsibility the saying goes it can always be better. affordable, courtesy the support of M/s in achieving the goals and targets and there is Bambino Agro. This flagship activity no single way or technique to be an excellent Further to the earlier messages, during the continues to be a priority for HMA. manager. Every day is an experience and the past few months, the Conveners of various methods adapted to achieve is very much Sub Committees contributed their mite in The significant inclusion of the prestigious evolving. Studying the past trends, making conducting the programs as envisaged. The College of Defence Management (CDM) course corrections applying it to the present regular flagship activity continued as usual, with their Commandant on the Management requirements and moving forward with a but the striking feature was getting out of the Committee, too added value to the activities right intent and with good management tentacles of Covid which bound the activities of HMA. More is expected with their practices, enables success. It is imperative to the online mode for more than two years. association in the years to come. for the Committee of HMA to practice on Some liked it, mainly because it enabled to an ongoing mode. Chanakya too, in his epic participate from the comforts of home or On the MSME front too, several programs book has dwelled so! office and avoiding the hard travel in the on contemporary topics were done through difficult traffic and having an opportunity to out the year in an effort to support this Looking back, it certainly has been a listen to experts from across, but many felt important sector of economy. The future wonderful and satisfying journey for this that the networking was missing. Thus the trends in technology and how it is imperative one year as President and more in different lecture meetings conducted since last two to constantly update on various schemes of capacities earlier. Any words of appreciation months in the physical mode met with greater Government were the focus. There is a need to the seniors, Members of Management approval. Another heartening aspect has for HMA to play a bigger role by becoming Committee, valuable members and the been conducting Management Development mentors to the young entrepreneurs & secretariat would be inadequate, for having Programs, again in a physical mode after a Managers, with the great reserve of expertise added their value and lent their hand in the long time and that too at the premises of a and knowledge, it has at its disposal. effort of moving forward to raise the bar of Corporate with a focussed approach to their performance and excellence. Nevertheless, an HMA as ever, did reward the deserving appeal certainly goes to all, to help this body persons who demonstrated excellence in their in growing from strength to strength and be respective spheres through its Annual Awards as unique as ever and be a driver for good Function, incidentally the 50th, achieving Management practices , which is called for another milestone in its long journey of being all over. a unique organisation, catering exclusively to developing good management practices. With best wishes to all With the jury of high stature ensuring a true recognition of merit unbiasedly, the entire V Ramchander program conducted at prime location and with President 2022-23 Prof Krishna Deva Rao, Vice Chancellor, NALSAR University as the chief guest, was The Management Review 3

Mar - May 2023 | Issue: 05  |  Volume: 27 Team HMA - 2022-23 MC Members V Ramchander G Jaywant Naidu President Vice President Management Consultant Creator of \"Jaywant Guitar\" and Performer of music on Hawaiian Guitar K Chandrasekhar Mohan Rao Alwala Devender Reddy Dr Ravi Kumar Jain Secretary Treasurer Joint Secretary Managing Committee Member Director, Excelsior Human Capital Consultant - Advocate CEO of Eride, an electric vehicle Dean, Vijay Patil School of Management Solutions manufacturing and mobility company Prof Mahesh Kumar Soma Rajendra Krishna Prasad Peddi Rohini Naidu P. Ranga Reddy Managing Committee Member Managing Committee Member Managing Committee Member Managing Committee Member Area Head-Soft Skills & Business Business & Director PRK Engineering Services Founder, The Girl Foundation Media Professional Communication, IBS Hyderabad Co-Opted Members Rear Admiral Sanjay Datt, VSM Venkatram Vasantavada Banda Srinivas Coopted Coopted Coopted Commandant, College of Defence Management MD, SeedWorks International Pvt Ltd Freelance Prof (Dr.) Renuka Sagar Balbheem Vaidya Shivaram Tekuru Coopted Coopted Coopted Director, R B V R R Womens College AGM, State Bank of India Senior Consultant, Captain Strategy 4 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 S.No Name Advisors - 2022-23 1 Wg Cdr Bharath Bhushan 2 Mr Gampa Nageshwer Rao Designation 3 Mr. Srinivas Ayyadevara Past President 4 Mr. Sravan Kumar Madap Past President 5 Mr. Nagesh Vishwanatham Past President Past President Past President S.No Name Special Invitees 1 Sri BP Acharya IAS (Retd) 2 Dr. DN Reddy Designation 3 Mr. Suresh Kochattil Former Spl Chief Secretary, GoT 4 CS Dr. Ahalada Rao V Chancellor, Malla Reddy University 5 Mr. Rajasekar Kandepu Senior Journalist Practicing Company Secretary 6 Dr. K. Sriharsha Reddy Senior Vice President-HR & Corporate Affairs, Vishnu Chemicals Limited, Hyderabad Director, IMT Hyderabad Sub Committees S.No Sub Committee Convenor 1 Lecture Meeting Mr Jaywant Naidu 2 MDP Mr Chandra Sekhar 3 FDP Mr Shivaram Tekuru 4 SDP / Student Chapter Dr. Renuka Sagar & Ms Rohini Naidu 5 MSME / Entrepreneurs/Startups Mr Rajendra Krishna Prasad Peddi 6 Membership Development Mr. Alwala Devender Reddy 7 Research/Surveys/Quiz Prof Mahesh Kumar Soma 8 Editorial Mr Alwala Devender Reddy 9 Finance Committee Mr. Jaywant Naidu 10 Constitution Amendment & Code of Conduct Mr Mohan Rao 11 Coordination with AIMA Mr. Jaywant Naidu, Mr Chandra Sekhar & Geeta Mallikarjunan 12 Women Development Ms Rohini Naidu 13 Land Committee Mr V Ramchander 14 IRP Mr Jaywant Naidu 15 Award Refinement Process Mr Jayawant Naidu 16 Accounting Processes Mr. Mohan Rao The Management Review 5

Mar - May 2023 | Issue: 05  |  Volume: 27 Public Speaking James Garner, Barbara Streisand, Vujicic, Oprah Winfrey are some of Preeti Agarwal Maya Angelou, Thomas Jefferson, the icons we look up to. For most Trainer Lady Rosalynn Carter – What’s the of us, the dream is to go on to the one thing they all have in common stage and start performing like these • Start preparing the content with apart from being famous? It was their veterans, the first time itself. But let’s mind mapping on paper and not fear of Public speaking! Yes, some look at their journey. Barring a very on slides directly. Most people of them did overcome it and some of few, almost all of them honed their start to put in the content on them kept living with the fear. skills with long years of preparation, power point slides immediately. practice, help and their willingness to This is one of the first mistakes It is a fact that the Fear of Public do it over and over again. that they usually commit. Speaking consistently ranks at the However, once you see the top of list of all human fears. The Let’s see what they did to become who connections visually on paper, fear afflicts everyone without being they are. The things you will require the flow becomes seamless. partial. It doesn’t differentiate between for this journey – a tape recorder, a gender, caste, creed, age, religious notebook, a mirror, and a group of • Devote enough time to prepare beliefs, or nationality. It has also not friends. Once you have these, start the right content. Steve Jobs had left the famous alone. with the FOUR steps listed here. to do a 20-minute presentation on one of Apple’s products, and Someone rightly said, “The Human 1. Answer the question in the the company spent 250-man Brain is a wonderful organ. It starts minds of Audience. The most hours to get the presentation to working from the moment you are important point to remember is the stage – basically investing born and doesn’t stop until you that Public Speaking is not about almost 1.2 hours for a minute’s get up to deliver a speech.” Just the you, it is about the audience. Most presentation. So, devote majority suggestion of being invited to speak in often, your fears are for your own of the time to get the facts, data public can give many of us sleepless performance and people judging and stories correct rather than to nights. We often think of all kinds of you. However, it will serve you beautify the slides. excuses to avoid being the cynosure of best to know that you are there to all eyes or feel anxious about giving fulfil the needs of the audience. • Follow a basic rule to divide that talk. Know your audience, know their your presentation in three or four needs. When you become aware of parts for easy consumption. Data We envy those, who seem to have the this, the focus of your content suggests that the more things mastered this art and glow as beacons changes. You will answer all our brain tries to remember, the on the world stage. To name a few possible questions that the audience more it tends to forget. Hence, – Shashi Tharoor, Narendra Modi, might have. make it easy for our brains. Give Barack Obama, Tony Robbins, Nick the information to the audience in bits of three or four chunks so that they retain the information and assimilate well. • Include lots of visuals. Al Gore’s presentation by the same name that came before the award- winning documentary ‘An Inconvenient Truth’ had loads of pictures and very little text. Research also tells us that our brains retain visual information 6 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 longer and better than if we only • Know the ideal arm positions how their pronunciation is. They see the text or hear the words. and hand gestures. Each arm are hardly conscious of their body position and hand gesture will language and the signals they are 2. It’s not what you say but how you reflect on the message you are sending to the audience. And this say it. While having a command sending. Research on the most leads us to our final step – Practice. over the spoken language (Vocal) successful TED talks show that The best TED talk speakers have is extremely important, another speakers with the most viewed sometimes practiced each speech crucial aspect is the verbal presentations were the ones not ten, not twenty but more than Communication. whose hand gesturing was more 200 times. So, the question arises than double the average. as to how to practice. Follow these Some people speak fast at about simple steps to your path to success. 220-250 words per minute and some • Walk purposely during are slow at around 90 words per presentation like you know • Start with recording your minute. Most people speak at about where you want to be. Cultivate speeches. This is a great tool that 150-180 words per minute. Studies a relaxed posture while standing. will provide you with insight on tell us that if the audience has to These will come with conscious the quality, volume, clarity, rate hear, understand and assimilate well, thought and effort. and other aspects of your speech. the speed at which we speak should ideally hover around the 150 words • Make eye contact with the • Perform in front of the mirror. number. Too fast or too slow can audience individually. We are Observing yourself in front of both hinder the retention of thoughts. often told that when feeling the mirror will make you aware The other aspects to note are the nervous, either we should skim of the body language, gestures volume, the pitch, the pronunciation, the audience or look at the and expressions that you are in not using fillers like umms, ahhs, far wall behind the audience. the habit of making, consciously and clarity of speech. However, both suggestions or unconsciously. will end up making you more 3. The most important thing that we nervous. Ideally, create a • Perform in front of the audience. hear is what is not being said. It communication bridge by Organize small gatherings of is often quoted that more than 75% looking at the member of your family and friends and have of communication is through body audience for a thought or them listen to your presentations. language. You start communicating two. This will also help you Encourage them to critique you from the moment you make an to evaluate the response and on your delivery skills or the entry. thoughts of the audience content of your speeches • Learn to walk in confidently. 4. Behind every brilliant • Work with a buddy / coach. Both As you enter, make eye contact performance there were will help to motivate you and with people closest to you. Carry countless hours of practice and keep you goal bound. yourself with good posture, take preparation. Most of the people even strides and greet them with when asked to speak on a topic Let the superstar in you to star and a smile, showing them that you are usually not aware of how their shine in your own movie of life! are enjoying being there. voice sounds, how far it carries, The Management Review 7

Mar - May 2023 | Issue: 05  |  Volume: 27 Design Thinking: Unlocking Customer-centric Growth “It’s not what you look at that matters, emotions, and motivations of the Brigadier Inder Sethi it’s what you see.” - Henry David users by conducting interviews, Strategic Leadership | Design Thinking Thoreau observations, and immersion in Coach | Insight Analytics Evangelist | their experiences. IIM-A Alumnus | Educator & C-Suite In today’s fast-paced, ever-evolving Motivational Leader | Supply Chain business landscape, the key to • Define: After gathering Management & AI | Chief Mentor for success lies in the ability to listen insights, the team synthesizes Defence Startups and adapt to the needs and desires of the information to identify the your customers. The question every core problems or needs to be The Power of Empathy leader should ask themselves is, “Are addressed. we ignoring our customers?” If the At its core, Design Thinking is about answer is yes, or even a maybe, it’s • Ideate: In this stage, the team understanding and empathizing with time to embrace Design Thinking. generates a wide range of ideas the people you serve. This deep sense By adopting this customer-centric to address the defined problem, of empathy allows organizations approach, modern business leaders using brainstorming and other to identify and address the real can propel their organizations to creative techniques. challenges their customers face, new heights, fostering a culture of leading to more meaningful and innovation and growth. • Prototype: The team creates low- impactful solutions. fidelity prototypes of potential Understanding Design Thinking solutions to test their viability and One such example can be found gather user feedback. in the healthcare industry, where Design Thinking as a process has its the Cleveland Clinic used Design roots in 2005 at the Stanford’s Hasso • Test: In the final stage, the team Thinking to redesign their patients’ Plattner Institute of Design, which iterates on the prototypes based experience. By empathizing with aimed to teach design thinking as a on feedback, refining the solution patients and understanding their methodology that could be applied until it meets the users’ needs unique needs, they were able to create across various disciplines, from effectively. a more comforting and efficient business and engineering to social environment that significantly sciences and humanities. The Stanford Design Thinking improved patient satisfaction. process emphasizes a flexible, The Stanford Design Thinking process collaborative approach, encouraging Collaborative Problem Solving is a five-step, iterative framework that multidisciplinary teams to work guides teams through understanding together in solving complex problems. Design Thinking encourages cross- user needs, ideating, prototyping, and The process has been widely adopted functional collaboration, bringing testing solutions. The process consists by organizations around the world to together diverse perspectives to tackle of the following steps: drive innovation, improve products complex challenges. This collaborative and services, and foster a more user- approach not only promotes innovative • Empathize: This phase involves centric mindset. thinking but also fosters a sense of understanding the needs, ownership and accountability among team members. For instance, global hotel chain Marriott embraced Design Thinking by setting up an Innovation Lab. By inviting employees from different departments to collaborate on new 8 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 ideas and solutions, Marriott was able to contribute their ideas and expertise, revolutionize the way we do business. to create unique guest experiences they become true brand ambassadors that set them apart from their and champions of your company’s The growing importance and adoption competitors. vision. of Design Thinking across industries and sectors is evident, as top institutes Experimentation and Iteration The Future of Business like IIM Ahmedabad, Bangalore, and IIT Delhi have recognized its value Design Thinking promotes a culture of As we move towards an increasingly and are now offering Management experimentation and learning, where complex and uncertain business Development Programs (MDPs) on failure is viewed as an opportunity to environment, Design Thinking is Design Thinking. This demonstrates grow and improve. By adopting this fast becoming the secret weapon for a widespread acknowledgment of its mindset, organizations can continually organizations that want to stay ahead relevance in today’s dynamic and refine their products and services to of the curve. By placing customers complex business landscape. better align with their customers’ at the heart of everything we do, we needs. can develop innovative products and By embracing this customer-centric services that not only meet their needs mindset, business leaders can propel A great example of this iterative but also delight them. their organizations to new heights, approach can be seen in the evolution creating a brighter future for their of the mobile payment app, Square. This customer-centric approach goes customers, their employees, and their Through constant testing and hand in hand with a strong sense of bottom line. refinement, Square has been able purpose and values, as championed to develop a user-friendly platform by Simon Sinek in his concept of the Author that caters to the needs of both small “Golden Circle.” By connecting the businesses and individual consumers. “why” behind your organization’s An alumnus of Indian Institute of mission with the “how” and “what” Management, Ahmedabad, Brigadier Design Thinking as a Catalyst for of your products and services, you Inder Sethi was commissioned in Growth can create a strong foundation for the Indian Army in 1991. He holds sustainable growth and success. certifications in Supply Chain The benefits of Design Thinking Management from IIM-A and IIT extend beyond product development, To truly excel in today’s competitive Delhi. as this methodology can be landscape, business leaders must applied across various aspects of embrace Design Thinking as an A technocrat, he has headed the an organization. From process essential tool for navigating the largest SAP ERP project of the Indian improvement to talent management, complex challenges that lie ahead. Defence Forces – Project CICG Design Thinking can help businesses By fostering a culture of empathy, costing ₹400 crores and he has been identify new opportunities for growth collaboration, and experimentation, spear-heading the adoption of AI and efficiency. organizations can unlock the full and Big Data Analytics in the Armed potential of their teams and create Forces For example, the global furniture lasting value for their customers. retailer IKEA leverages Design A Design Thinking Coach and thought Thinking to not only develop Conclusion leader, Brigadier Sethi is certified by innovative products but also to IBM and the University of Sydney. A streamline their supply chain, reduce If you are a modern business leader prolific speaker on insight analytics, waste, and enhance their overall seeking to grow your organization to Brigadier Sethi has been a speaker/ sustainability efforts. the next level, it’s time to ask yourself, consultant in various for a, to name a “Are we ignoring our customers?” few - Inspiring Change Beyond the If you haven’t already, consider Boardroom adopting Design Thinking as a key • Presented views on ‘Countering component of your leadership toolkit. Online Radicalisation Using Design Thinking is not just about This powerful methodology will not Big Data and AI’ in Aug 18 in a enhancing customer experiences; it’s only help you better understand and meeting of NATO Hybrid Warfare about creating lasting change within address your customers’ needs, but Centre of Excellence (based in your organization. By fostering a it will also inspire your team to think Finland) and the Ministry of Home culture of empathy and innovation, creatively, collaborate effectively, and Affairs you can inspire your employees drive meaningful change within your to think creatively, take calculated organization. • Conducted a meeting with Shanghai risks, and work together to overcome Cooperation Organisation – challenges. With real-world examples, such Regional Anti-Terrorism Structure as Marriott’s Innovation Lab, the (SCO-RATS) to collaborate on an This ripple effect extends beyond Cleveland Clinic’s patient experience analytics platform during visit to the boardroom and permeates every transformation, Square’s iterative Uzbekistan in Feb 2023 aspect of your organization, leading development, and IKEA’s holistic Brigadier Sethi is pursuing his to increased employee engagement, approach to sustainability, it’s clear PhD in Artificial Intelligence in motivation, and satisfaction. When that Design Thinking has the power to the Military Supply Chain from your team members feel empowered Osmania University. The Management Review 9

Mar - May 2023 | Issue: 05  |  Volume: 27 ISRO Journey Muralidhar Ayyagari Former scientist, VSSC, ISRO. The Indian Space Research intended for use in launch vehicles of India) was the Project Director. Organisation (ISRO), headquartered and satellites. Beginning with RH75, It placed a 40 kg RS-1 satellite in in Bengaluru began its journey a rocket of 75mm dia, India gradually Low earth orbit, making India the 7th in a modest way from a church developed RH200, RH300 and country in the world to have achieved building in the sea coast of Thumba RH560 rockets capable of carrying orbital launch capability after the near Thiruvananthapuram with the payloads ranging from 2 to 200 kg to USSR, US, France, UK, China and development and launching of Rohini an altitude between 100 to 500kmsand Japan. It was followed by Augmented series (RH) sounding rockets as a first successfully flight tested from Thumba Satellite Launch vehicle (ASLV) step towards development of launch Equatorial Rocket Launching Station and subsequent successful flight vehicles and satellites. Sounding (TERLS) in Thumba and the Satish testing of many medium lift launch rockets are one or two stage solid Dhawan Space Centre in Sriharikota. vehicles like Polar Satellite Launch propellant rockets used for probing vehicle (PSLV), Geosynchronous upper atmospheric regions and for SLV-3 was the first launch vehicle Satellite Launch vehicle (GSLV), and space research. They also serve as developed and successfully flight Geosynchronous Satellite Launch platforms to test and prove prototypes tested by ISRO in 1980, for which Dr. vehicle MkIII (LVM3) and Small of new components and subsystems APJ Abdul Kalam (Former President Satellite Launch Vehicle (SSLV) enabling ISRO to launch many domestic and foreign satellites and some interplanetary missions for space exploration including two missions to moon (Chandrayaan 1&2) and one to Mars (Mangalyaan). ISRO uses PSLV vehicles for placing remote sensing, earth observation satellites of 1 tonne class into polar Sun synchronous orbit. It uses GSLV and LVM3 vehicles for placing 2 tonne and 4 tonne classes of communication satellites respectively in geosynchronous transfer orbit. It uses SSLV for placing 300 kg payloads to 500km sunsynchronous orbit or 500 kg payloads to 500 km low earth orbit. ISRO relies on LVM3 for use in interplanetary missions in future in view of its heavy lift capability. ISRO’s launch vehicles PSLV and LVM3 have multi-satellite launch capability. PSLV has the world record of successfully carrying and 10 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 deploying 104 satellites in sun- Emisat etc. to support a wide range of by GSLV MKII vehicle in May, 2023. synchronous orbit in a single mission. applications including city planning, NVS-01 has a minimum life time of It achieved this feat on 15th February, oceanography, studies of crop pattern 12 years. Compared to first generation 2017, breaking the earlier record of and environment and reconnaissance satellite series, the second generation launching 37 satellites by a Russian for Indian agencies. It also developed Navicsatellite series includes L1 Dnepr rocket in 2014. LVM3 also and launched INSAT and GSAT series band and encompasses indigenously placed 36 satellites weighing 5805 of communication satellites to satisfy developed Rubidium atomic clock in kg and belonging to UK’s One Web the telecommunication, telemedicine, place of imported atomic clock used Company in precise orbits with broadcasting, meteorology as well as earlier. The L1 band is popular for defined time gaps to avoid collision of search and rescue needs of the country. providing position, navigation and satellites in its recent launch on 26th timing services (PNT) for civilian March, 2023. This launch completed ISRO along with Airports Authority users and for interoperability with the first generation constellation of India (AAI) jointly developed other Global Navigation Satellite enabling the UK Company to initiate GAGAN (GPS Aided Geo Augmented System (GNSS) signals. Applications global coverage this year. PSLV and Navigation) system for air traffic of Navic include terrestrial, aerial LVM3 have become the most reliable control. It is a system of satellites and maritime navigation, precision workhorse vehicles of ISRO with and ground stations that provide agriculture, location based services LVM3 achieving 100% success in its GPS signal corrections, giving the in mobile devices, marine fisheries, six consecutive launches and PSLV best position accuracy. ISRO also timing services for financial achieving 94% success rate with 52 developed Navigation with Indian institutions, power grids and other out of 55 launches being successful. Constellation (NavIC), an Independent government agencies and internet of regional navigation satellite system to things (IoT) based applications. With regard to satellites, Aryabhata provide accurate position information was the first Indian satellite developed service to users in India as well as the Among the upcoming programs of indigenously but launched by the region extending upto 1500 kms from ISRO, Gaganyaan is highly crucial as Soviet Union in 1975. Aryabhata was its borders with position accuracy of it involves human space flight. It is followed by the development of the 20m and timing accuracy of 50ns. aimed at sending a crew of 3 members communication satellites Bhaskara, to 400 km orbit and bringing them APPLE (Ariane Passenger Payload The constellation has seven satellites back safely to earth after 3 days of stay Experiment) and IRS series of in geosynchronous orbit. In order to in Space and also at executing their satellites. Gradually, ISRO developed augment continuity of navigation with landing in Indian sea waters. Another and launched many earth observation Navic services, the first satellite NVS- interesting mission is Chandrayan-3, satellites for remote sensing like 01 among the second generation Navic which is slated for launch in July Oceansat, Cartosat, Resourcesat, satellites was successfully launched this year. It is a follow-on mission to Chandrayan-2 to demonstrate end-to-end capability in safe landing and roving on the lunar surface. It is noteworthy that ISRO could detect the presence of water molecules on moon in its Chandrayan-1 mission, even though Chandrayan -2 mission failed in fulfilling its objectives. ISRO is poised to development and launching of Reusable Launch Vehicle, RLV. Successful flight testing of technology demonstration vehicle RLV-TD in 2016, followed by the success of April, 2023 launch of RLV Autonomous landing experiment (RLV LEX), cleared the path for the development of RLV. All the existing ISRO Vehicles are expendable and the change over to RLV will be a game changer in making launchings much more cost effective. Women Power: Women make up one fifth of ISRO’s workforce. It is a respectable strength considering the less number of The Management Review 11

Mar - May 2023 | Issue: 05  |  Volume: 27 women in science research in India compared to men. ISRO is among the organisations encouraging women empowerment. That is why some of the women scientists have contributed significantly to the development of various systems in ISRO, held important positions in the organisation and became the key persons in the success of ISRO Missions. Ms. Anuradha TK, Ms. Moumita Dutta, Ms. Muthayya Vanitha, Ms. Ritu Karidhal, Ms. Nandini Harinath, Ms. VR Lalithambika and Ms. Minal Sampath are some of the women scientists who brought laurels to the organization with their dedicated services and leadership qualities. As per the new Space sector reforms, to enable and facilitate the participation of private players in the Space sector, a new agency “Indian National Space Promotion and Authorisation Centre” (INSPACe) is formed at Ahmedabad which acts as an interface between ISRO and non government entities (NGEs) for the utilisation of ISRO infrastructure and premises for realisation of Space products and increasing space based activities. Another company is the New Space India Limited (NSIL) at Bengaluru, which is the commercial arm of ISRO. It enables Indian industries to take up high technology Space related activities. 12 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - March 2023 Managing Self Industry Readiness Program (Certification Course) 2nd February 2023 / 6.30pm to 8.00pm Mr. B V K Harinath Virtual Zoom Platform HR Advisor, A successful Manager understands and works intelligently towards managing Asa Bhanu Technical Services Ltd personal energy levels that enable engagement with work, with and through others (colleagues, suppliers, clients and various stakeholders) purposefully to deliver required outcomes. A Manager’s efforts to learn, become emotionally resilient, to explore possibilities for better performance and productivity, by designing collaborative effort, that delivers consistent results over a long period of time thereby building a reputation for reliability, are all useful in growing rapidly as a Manager – this requires understanding oneself better, engaging with one’s inner drive to achieve, a willingness and ability to collaborate to achieve one’s goals. Session Outcomes: Mapping of the nature of managerial work. Identification of one’s strengths, values, inner drive and developing purposeful effort. Pin-pointing personal competencies to be evolved for growing as a Manager. This was followed by Q&A and feedback of the session by the students. Spreadsheets Industry Readiness Program (Certification Course) 9th, 10th , 11th , 12th April 2023 / 6.30pm to 8.00pm Dr. B. Anjan Kumar Virtual Zoom Platform Assistant Professor, Department of HMA conducted an 'online' SDP for its Certification Course Industry Business Management, MVSR Readiness Program on “Spreadsheet Skills”, by Dr Anjan Kumar, Engineering College, Nadergul, Assistant Professor, Department of Business Management. MVSR Engineering College, Nadergul, Hyderabad. Hyderabad Prof. Anjan Kumar, Assistant Professor, Dept. of Business, delivered the session on Spreadsheet skills. He trained students to master the advanced functions of spreadsheet applications, enabling them to produce more sophisticated reports, to perform complex mathematical and statistical calculations. This would help students to save time and improve productivity when working with spreadsheets. The Management Review 13

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - March 2023 Cont... Emerging Trends in Startups Industry Readiness Program (Certification Course) 13th April 2023 / 6.30pm to 8.00pm Mr. Suraj V Rao Virtual Zoom Platform Meiyur Founder – CEO of Next Skills Mr. Suraj V Rao Meiyur Founder – CEO of Next Skills 360 EdTech 360 EdTech Private Limited Private Limited delivered the session on Emerging Trends – Start Ups. He stated that the Emerging Trends in Entrepreneurship which is the present trend in today’s world. He spoke about co-working spaces, now we have an eco-system so the new entrepreneurs do not have to struggle, besides technology and AI and virtual reality which makes life easy. There is also augmented reality, crowdsourcing, coming up with solutions, co-creation, confirmation of customers, Gig Economy, and discussed with the students their ideas on Start Ups. The interactive session caught the student’s participation in toto and made an interesting session. Personal Branding Industry Readiness Program (Certification Course) 15th April 2023 / 6.30pm to 8.00pm Prof Dhananjay Singh Prof Dhananjay Singh – Assistant Professor, IMT Hyderabad Assistant Professor, IMT Hyderabad Prof.Dhananjay Singh took a session on ‘Personal Branding’ and spoke about ‘You are your own brand’.Prof.Dhananjay spoke about the need for every individual to understand their strengths and come out with their own way and style within given parameters. He explained that Branding and Promotion were totally two different aspects. He explained that Branding happens over a period of time and has much to do with consistency. 14 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - March 2023 Cont... Emerging Trends in Digital Marketing Industry Readiness Program (Certification Course) 17th April 2023 / 6.30pm to 8.00pm Mr A Vinod Kumar Virtual Zoom Platform CEO, SAND Network Mr Vinod had an interactive session with the students on digital marketing and why it is important especially in today’s world. It has become the new norm today – how to attract your customer and more important how to retain them – he gave us a bird’s eye view on how to go about marketing and how important it was in today’s scenario. He spoke of the different types of marketing – what it takes to understand customer behaviour and how the students should adopt and adapt to the changing situations to change the marketing strategies. How Digital Marketing has taken the world by a storm and how it was important to know your customer for digital marketing. A very information and innovative presentation given and well received. Emerging Trends in FinTech Industry Readiness Program (Certification Course) 20th April 2023 / 6.30pm to 8.00pm Prof (Dr) Sriharsha Reddy Virtual Zoom Platform Director & Professor, IMT Hyderabad Dr Sriharsha Reddy said that the fintech industry is constantly evolving and improving, and 2023 is no exception. It is predicted that the fintech space will multiply and reach $174 The Management Review 15 billion in 2023.The banking industry has recently experienced a massive surge in adopting fintech solutions as users are becoming more tech-savvy. From embedded finance to SaaS services, there are several tech trends that will shape the fintech industry in 2023.The first trend that will undoubtedly shape fintech's future is AI technology. AI and ML can revolutionize banking, payments, investments, risk management and more. In the fintech industry, embedded finance has been gaining traction recently and is poised to become the dominant trend in 2023. Open banking is a financial technology that allows customers to securely share their financial information with third parties, offering them more control and flexibility over their finances. IoT enables physical devices connected to the internet to collect data, analyze it and then act on it without human intervention. The implications for fintech are vast as IoT has made banking more secure, efficient and convenient. As technology continues to evolve rapidly, blockchain is one of the most exciting trends in fintech. Blockchain is a digital ledger that records and verifies different types of transactions. Fintech will continue to be a driving force of the future. By 2023-2024 we can expect greater use of blockchain, AI and IoT in financial transactions. Automation and integration will grow more sophisticated. As a result, consumers will have access to more tailored services that better suit their individual needs. As technological innovation continues to shape finance, companies must stay ahead of the curve or risk being left behind.

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - March 2023 Cont... Emerging Trends in Sustainability Industry Readiness Program (Certification Course) 21st April 2023 / 6.30pm to 8.00pm Virtual Zoom Platform Prof (Dr) Tulika Sharma Asst Prof. IMT Hyderabad As the vulnerable state of our planet is becoming a daily headline, and individuals and businesses are feeling the pressure to make changes, we’re curious to find out what trends 2023 might bring that can enhance sustainability efforts. The use of renewable systems and new technologies, creating long term sustainable energy consumption. It also provides insight into how an IWMS can • Regulatory compliance, help organisations address their Environmental, Social, and sustainability challenges around the Corporate Governance (ESG) convergence of: • Customer and staff • More Recycling expectations • More Sustainable Materials • Risk Management • Corporate social responsibility • Business Objectives (CSR) • Cost Reduction • Reduction of Food Waste Emerging Trends in Digital Transformation Industry Readiness Program (Certification Course) 23rd April 2023 / 3.00pm to 4.00pm Shri Chirantan Chatterjee Virtual Zoom Platform Founder & CEO Py’s AI Labs & Mr. Chirantan Chatterjee touched base on the Digital business models and Omion Fusion services, Digital consumer experience, Intelligent process automation, Digital Business models and services. The subtle difference between Digitization, Digitalization and Digital Transformation. The interactive sessions had the students agog with questions which poured and he stated how data is used which is customer centric – like credit cards, coronavirus vaccination etc. He spoke how data and digital transformation is changing the way customers are engaged – mobiles and social media platforms have been able to garner the interest of the customers. How digital transformation helps the business to understand the customer’s needs. Personal data analytics which is data based. Cloud storage, drop box etc and rent space. This interesting session revived the student’s curiosity and interest. 16 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - March 2023 Cont... 50th Annual Awards Awards 24th April 2023 / 7.00pm to 9.30pm Chief Guest Hyder Mahal, ITC Sheraton 9.30pm onwards The 50th Annual Awards Ceremony was held at ITC Kakatiya on the 24th of March 2023, following all COVID norms. Professor Srikrishna Deva Rao,Vice Chancellor NALSAR University of Law, Hyderabad was The Chief Guest along with the President Mr V Ramchander, the Vice President Mr. Jaywant Naidu, Secretary Mr K Chandra Sekhar, and Mr Devender Reddy Jt Secretary, presided the event. AWARD'S JURY 2021-22 Professor Srikrishna Deva Rao Vice Chancellor NALSAR University of Law Justice Challa Kodanda HMA Past President & Justice of erstwhile The fourth batch of Industrial Readiness Ram AP High court, Senior Counsel, Supreme Program five of them received the Court of India And High Courts in India certificates from Mr. B.P Acharya IAS retd. & Dr Sriharsha Reddy, Director, IMT, Mr Ajay Mishra - IAS Director General - Renewable Energy Society Hyderabad. (retd)   of India (RESI) Mr B P Acharya IAS retd. awarding an Mr Md Tajuddin Masood Vice-President & Cluster Head HDFC Bank IRP topper Ms Sunita Krishnan Co-Founder Prajwala, & Padma Shree Awardee Mr Sharfoddin Shareef Associate Director - CWS, EHS India Lead - Cognizant Technology Solutions India Pvt. Ltd. Award Winners for the Year 2021-2022 S. No Awardee Name Category Designation Organisation 1 Mr. Sundar Raja Manager of the Year President- Supply Chain SeedWorks International Private Vadlamani Limited 2 Mr. G. Madana Gopala Entrepreneur of the Year Founder Director The Adarsh Cooperative Urban Bank Swamy Limited 3 Mr. Nandan Reddy Small Scale Entrepreneur Managing Director TrioVision Composite Technologies MVBS of the Year Pvt. Ltd. 4 Mr. Gopal Bharadia Young Manager of the Deputy General Manager SeedWorks International Private Year Finance & Company Limited Secretary 5 Mr. J. Venkata Durga HR Manager of the Year General Manager- People Aparna Constructions and Estates Pvt. Prasad Development Ltd. 6 Mr. K. Gautam CSR Award of the Year Managing Director NCL Industries Ltd 7 Dr. Praneethi Rao Woman Achiever Award Founder and Director Artegenic Pvt. Ltd. of Excellence 8 Dr. K. Srinivasa Rao Academician Excellence Associate Professor B.V. Raju Institute of Technology Award The Management Review 17

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - March 2023 Cont... S. No Awardee Name Category Designation Organisation 9 Fr Dr D. Sunder Reddy Best Student Chapter Principal St. Joseph's Degree & PG College Award 10 Prof (Dr.) Renuka Sagar Member of the Year Director & Professor Raja Bahadur Venkata Rama Reddy Award Womens’ College Senior Vice President & Global Head – Life Time Achievement Communications, Media, Award 11 Mr. V. Rajanna and Technology Business Tata Consultancy Services Group Regional Business Head – AP & Telangana, India Mr Rajanna receiving the lifetime achievement award Prof Srikrishna Deva Rao being felicitated by the President 18 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - April 2023 Navigational Life Skills Student Development Program 24th April – 10.30am – 11.30am Dr G Chaya Devi MA., MPhil, PhD., Doctorate in   Gender Studies, Founder Manavatha https://fb.watch/kffCg7TzD-/ Parivarthan Society, Facilitator Red Cross Adolescent Health Care, Dr Chaya Devi taught what are life-skills and discover how to become a valuable contributing member of society. She stated with examples how in Telangana Hyd. everyday life, the development of life skills helps students to find new ways of thinking and problem solving. Recognise the impact of their actions and teaches one to take responsibility for what they do rather than blame others. Build confidence both in spoken skills and for group collaboration and cooperation. Helps one learn more about oneself and helps one to prepare for the future. She made them explore goal setting, decision making, and surviving college and career and never to stop learning and impart this knowledge to those who need it. Corporate Strategies for Success: Insights from Student Development Program Industry Ms Mansi Yogesh Thakkar 24th April / 12 noon to 2.00pm Director, Windplus Pvt Ltd, Leadership Coach & Podcaster   https://fb.watch/kfgjTQWAAK/ The Management Review 19 Ms Mansi Yogesh Thakkar who has studied Chanakya’s Arthashastra addressed the students of St Joseph’s Degree & PG College on how Corporate strategies have changed after pandemic. She mentioned important aspects for one to grow in one’s career. The first one is to have digital acumen where you should have expertise in at least one digital technology. Another one is to be present in social media platforms so that you have personal branding and to build trust and save cost. You should know your audience and should use the social media platforms in the best possible manner. You should share your experiences on LinkedIn as well as write about the projects which you are working on so that it is authentic. You should have your own Podcast and upload it on a daily basis with relevant content. You should upgrade your knowledge on a daily basis besides technology since AI is here to stay and you should shift from manual to technology else you will lose the race. Last but not the least please start collaborating as it is the way forward and bring trust and branding in its wake.

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - April 2023 Cont... IT & Project Management Student Development Program 25th April / 10.30am to 11.30am Ms Sraddha Balerao Software Engineer Torc Robotics   https://fb.watch/kfin4XARLg/ Ms Sraddha spoke about the IT industry and how projects are handled there. She stated that post pandemic there was a lot of changes which has been factored due to technology and how project management has undergone changes to cater to the industry need and the environment. It is important to upskill oneself so that you are abreast of the technology in use. Cloud computing and cloud storage have become the norm besides the use of Agile technology so that all the stakeholders are on the same page. She also stated that communication was of utmost important and transparency ensures that all the stakeholders know what is happening and where each of the stakeholders stand in the project. Communication and Collaboration are playing a major role post pandemic. SaaS has become very important besides digital transformation. The most important skill needed if you have to be in the IT industry is to stay abreast with digital technology. Quality Management Systems Student Development Program 23rd April 2023 / 3.00pm to 4.00pm Mr Hari Ravi Co-Founder,   VSR Quality Consultants https://fb.watch/kfkfsPggUJ/ Mr Ravi explained that he would take up quality and Quality Management Systems and its perspective and why it was important to have International Organization of Standardization. He said it was a set of policies and processes for planning and execution in an organization which is well documented – each step of it was documented. He also stated about the quality management principles which were seven in number and enumerated each of them. He said the any activity to come under standardization will/ should adhere to the process of Plan-Do-Check-Act. All this should be well documented so that it is process driven rather than people driven. Once the process is in place then it is smooth sailing. If students get the basics of QMS then they stand a better chance of getting a job and if entrepreneurs, they will know about processes and quality management and improvement on a daily basis which will lead to cost effectiveness and customer satisfaction. 20 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - April 2023 Cont... Value Driven Leadership Student Development Program 26th April / 6.30pm to 7.30pm Dr. Vasavi Chakka Principal Technical Program   Manager, Palo Alto Networks https://fb.watch/kfmy6nGdeU/ Dr Vasavi spoke about value driven leadership which is key to sustaining any organization. Value driven leaders create a corporate culture which optimizes financial performance, leading to ethical practices and values which add to the social contribution and has an environmental impact. This type of leadership prioritizes values such as honesty, integrity, fairness, respect, responsibility and social awareness which fosters ethical, purposeful and inspiring workplace culture which is vital to improving organizational performance. She gave examples of Tesla, Unilever, Tatas, Infosys, ITC, Aditya Birla, Godrej Group, IKEA to name a few who have contributed to the ethical practices in their business and also contribute to the society and the environment. Entrepreneurship – Making a Business Plan Student Development Program 27th April / 11.00 am to 12.00pm Mr. Sumit Tiwari Founder CEO –   https://fb.watch/kfrzp9NKsZ/ Timus Concepts Pvt Ltd. Gurugram Mr Sumit Tiwari stated that if one wants to be an entrepreneur – one should have The Management Review 21 ideas and this should convert to a feasible business plan. This has to be brainstormed ie everything from A to Z should be put on paper so that you are not missing out on anything. This also has to be discussed with ones’ mentors so that their experience and expertise on the subject can throw light on many subjects. The market surveys, financial plans and the output for the coming 5 years should be in place so that the feasibility of the business plan and whether it is viable or not can be assessed. He said that one’s mission statement, product or service, and basic information about the company’s leadership team, employees, and location should be written down and discussed. One should also include financial information and high-level growth plans if one’s plan is to ask for financing. One should have belief in one’s product but one should also be aware about the market and surveys help in this regard. One should be careful and look at all angles so that there is nothing missing and everything is on paper which is executable as well as operational. Personal branding and collaborations also go a long way in helping us grow the business.

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - April 2023 Cont... Personal Branding and Power of Networking Student Development Program 28th April / 10.30am to 11.30am Mr Apurv Gangar Director (COO) to the Chief   Administrative Officer (CAO) for https://fb.watch/kgtywblbBR/ Wealth Technology Mr. Apurv Gangar spoke about the importance of personal branding. It is imperative that one communicates, and one should be visible and one should be do something new – new skill sets as well as different, besides one should participate and innovate. He said that one should have a pen friend and always give back to the society. You can be a part of an NGO or an association in which you are interested. Just like your personal CSR, you can communicate and network to have your own brand image. People should know who you are and what you do. It is not enough that people only know you but they should also know what you stand for. For example, you can take any actor or actress – each of them is a brand of their own and the moment their names are mentioned you know what you can expect from them. This will help in career building as well as building your self – confidence. He also stated that your words and actions should match else people will not trust you and that goes against what you want to be known for. India a Trillion Dollar Economy Student Development Program 29th April / 10.30am to 11.30am Mr Rahul Jain Co-Founder, Business Magnet   https://fb.watch/kgxDTmaLzQ/ Mr Rahul Jain spoke about how India was growing and how Covid had changed the scenario where the world talked about China +1. He stated that most of the manufacturing units as well as the telecommunication businesses have come to India and this will keep growing in the years to come since the population of India is young, intelligent and wise. He stated that India is in a position where China was a few years ago. The world is now looking up to India since it is the only country today which is not going to face recession while all the rest of the world will face one shortly. He asked the students if they were interested in going abroad and he also asked them to study the economy of the country and then shift base. He gave examples of how iphone, Foxcomm and other companies are setting up their manufacturing units in India. In fact, iphone CEO had travelled 20 hours just to cut the ribbon of the first manufacturing unit in India. This is what India is enjoying today as it has become a trillion-dollar economy. States like Uttar Pradesh and Gujarat are claiming that they as a state would become a trillion-dollar economy. 22 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - April 2023 Cont... ESG –Environmental, Social & Governance – Lecture Green Financing - the Way Forward Meeting 28th April / 6.30pm to 8.00pm FTCCI – Surana Auditorium HMA had its first physical lecture meeting ● CEO remuneration growth in about 50% Dr Sujiv Nair this year at FTCCI Surana Auditorium and of the companies is aligned with their Global CHRO Re Sustainability it was well attended. Dr Sujiv Nair (Global operating profit growth. Chief Human Resources Officer | Chief Limited Transformation Officer | Board Member I ● Average standalone social score of Founding CEO TASK ) opened the session on unlisted companies is 4 points lower Dr. Sriharsha Reddy ESG. than listed companies. Director IMT Hyderabad At one time, it was a fancy topic that was ● Only 8% of the companies have 2/3rd world. discussed at elite conferences in five-star of more independent directors on the When the ambient temperature increases, the hotels. Now, the dangers of Climate change are board. snow melts and water levels increase resulting a reality and that is shaking up politicians and in floods and of course can also cause droughts businesses alike. ● only 63 companies published their - everything is interconnected. To understand Scope 3 emissions. Climate Change, we should also understand The Environment Social Governance or ESG how this interconnectedness works. for short, are today an important part of a ● Only 14 Indian companies are in the Substantiality Goals CEO’s progress tracker. Be it, big business leadership category and 73 are in the The Substantiality Goals set by the United or MSME's - no one can ignore the perils of average and weak categories. Nations for the member nations enables ignoring the environment. them to come together and keep the Ambient There is an increasing appetite for companies Temperature at less than 1.5 degrees To understand this better in an Indian Context, to publish their sustainability report and more centigrade. As this ambient temperature let us look at two reports to start with. importantly track and minimise their S1, S2 & increases, chances of drought also increases. S3 emissions ● 2 months average length of drought at +1.50 C 1. E&Y CEO Survey 2022 Scope 1, Scope 2, Scope 3 emissions. ● 4 months average length of drought at +20 C Scope 1, 2, 3 emissions have been developed ● 10 months average length of drought when During covid, most businesses had come to by the Greenhouse Gas Protocol and give a complete stop, so did the economy. Post organizations a way to categorize their the ambient temperature goes up by +30 C covid, CEO’s had to grow their business emissions. Organizations may find it easier to Sustainability is the ability to meet present from a dead start. What are the changes that control Scopes 1 and 2, but Scope 3 emissions needs without compromising the needs of were observed, in such a scenario? are the most difficult to track. future generations. In practice, sustainability aligns environmental protection, human well- ● 90% of the CEO’s claim sustainability ● Scope 1 emissions: The direct emissions being and economic development. as the prime driver for competitive generated by an organization's operations. We should do what we can in our circle to advantage, to ensure long term growth. Running machinery, manufacturing control and minimise climate change. Most of products, driving vehicles, heating buildings the Climate Change is happening because of ● 80% of CEOs are adjusting their supply and providing power to devices generate the burning of fossil fuels. chain to manage geo-political risks. emissions. ● 78% of the CEO's identify ESG factors ● Scope 2 emissions: These are indirect at par with revenue growth. emissions generated by an organization's energy purchase and usage. Investment in ● 49% of the CEO's intend to invest in renewable energy sources may help lower digital and technological innovations. these emissions. ● 33% of the CEO's believe that mergers ● Scope 3 emissions: The indirect emissions and acquisitions will help accelerate generated by an organization's customer and business transformation. supplier activities. Sustainability is becoming a big focus area There is also the question as to how many for the CEOs, especially in a post covid companies are reporting sustainability metrics? world. In a post pandemic world, it is not business as usual. There was no option to Many people don't understand what ESG and switch on and start a parked vehicle which Climate Change is all about. had been in the garage for over 2 years. Let us look at a very simple example to understand how Climate Change is impacted. 2. CRISIL Sustainability Yearbook 2022 Key insights from CRISIL sustainability There is Smoke that goes into the atmosphere, Yearbook 2022 most of which is Carbon Dioxide. This smoke stays within the atmosphere and radiates the ● Only 1/5th of the companies worldwide heat back to the earth. This heat is actually published their sustainability report in raising the ambient temperature across the 2021. The Management Review 23

Mar - May 2023 | Issue: 05  |  Volume: 27 Social 3 In India, burning coal and Thermal Power risks of material potential impact to the Let us understand how business impacts the plants are responsible for a lot of this. strategic and financial decisions of the stakeholders & the communities in which they The second reason are the fumes coming out of company. operate. automobiles. ESG is also applicable for investments that For example, Human Rights, and Labour When fossil fuel like Coal, Diesel, Petrol seek positive returns and long-term impact on Relations is an important factor in this respect. and Gas is burnt, they emit Carbon Dioxide, society, environment and business performance Carbon Monoxide. This gets trapped in the in what is called socially responsible investing. ● Occupational Health and Safety. atmosphere, reflecting heat back to earth ● Employee Wellbeing. thereby raising the ambient temperature and Environment ● Community Engagement. this is something that is happening the world over. The usage of Natural Resources and it’s Governance operations within the physical natural Which brings us to the carbon footprint – environment is crucial. These include: Now, let’s look at Governance. which is the measure of the amount of carbon dioxide and methane produced by individuals, ● Renewable Energy ● There is something called Ethical Business organizations, products or practices. Practices and the question is how many ● Water Stress - which will happen unless we corporates follow this aspect. Sahara Desert and Amazon Rain Forest regulate and ensure that we stop pollution What connects Earth's largest, hottest desert to of our water sources with plastic. Most ● The enhanced involvement of the Board is its largest tropical rain forest? important is to ensure aquifer recharge in crucial. The Sahara Desert is a near-uninterrupted our water sources - from wells to lakes. brown band of sand and scrub across the ● Business Ethics & Compliance – Having northern third of Africa. On the other hand is ● Waste Management is another important a documented code of ethics or code of the Amazon rain forest, a dense green mass factor specially in cities. In Hyderabad, conduct in an organization helps irrespective of humid jungle that covers northeast South around 7000 metric tonnes of municipal of its size. Employees need to know they can America. solid waste per day is generated and look to a reference for understanding what disposed in a scientific manner. Hazardous the business expects of them. This should The constant rains in the Amazon Forest results waste is another component that are be followed by communicating and training in the erosion of the topsoil and there is a generated by industries and hospitals. across the organization. This needs to be danger of the trees getting uprooted. This is done in an official and trackable manner where the phosphorous rich Sub-Saharan dust Waste to Wealth: This is the process to manage otherwise, ethics and compliance efforts will helps. tons of municipal solid waste generated. We have no teeth. The strong winds that sweep across the need ensure that waste is not dispersed in the Sahara results in a tan cloud, that rises in surroundings and there is a need to create ● Enhancing awareness and embracing the air, travels between the continents across commercial value out of it. This in turn, Diversity Equity & Inclusion. (Important) the Atlantic Ocean and finally settles in the will help to reduce the footprint of carbon Amazon rain forest, replenishing the topsoil. generated out of distinctive solid waste Together, let us do our bit to conserve natural This is what interconnectedness is all about - material by converting it into useful compost resources, keep the ambient temperatures ties that bind together the desert and the jungle. and electricity. below 1.50 C. We are now eating the fruits It’s dust. And lots of it. of the trees that someone else has planted. Electronic waste or e-waste of waste electronic Similarly, we must plant trees for our coming Environmental, Social and Governance (ESG) and electrical equipment (WEEE) is considered generations. We owe this to them. the fastest growing waste stream in the ESG for an Organization reflects its developed world. The waste is the result of Dr Sriharsha Reddy (Director IMT), commitment to reduce Environmental Footprint fast paced changes in technology, which leaves Speaking on the occasion , stated that behind old computers, laptops, televisions, and the Reserve Bank of India (RBI) has ● Accountability at the Highest Level other electronic devices – all of which require announced a new framework to offer specialized methods of recycling because of green deposits to the customers, aiming ● Enable Social Responsibilities their toxic by-products. A major concern that at developing a Green Finance Ecosystem is emerging is regarding end-of-life products (GFS) in India. The framework will come ● Grow Business (EOL) and the resultant environmental into effect from June 1, 2023. He stated contamination. that every corporate and every citizens ESG represents the company’s efforts to mandate will be to ensure that they do systematically assess, manage, and monitor something to save the planet. Green finance refers to financial investments that are environmentally sustainable and socially responsible. This type of financing is increasingly being recognized as an effective tool for mitigating climate change and promoting sustainable development. All corporates as well as individuals can take loans on green projects or invest in projects which will help sustain the planet Business Responsibility and Sustainability Reporting is a vital instrument for organisations to employ in order to convey to stakeholders the progress they have achieved in terms of sustainability. It encourages transparency and accountability, helps to identify areas for development, and has the potential to lead to increased trust and closer relationships with stakeholders The IRP students ( 20 of the 150 students), received their certificates for completing their course at the event. 24 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - May 2023 Young Managers & Faculty of Institutions Business Quiz Preliminary & Semi Finals Raja Satish 12th May – 5.00pm – 8.30pm Quiz Master Virtual Zoom Platform Mr Raja Satish the quiz master had organized a multiple-choice Qs, identification of logos, personalities, places as well as Startups where the qs numbered 50 and the time given to answer were 30min. The 40 teams who had registered were present of which 25 were selected for and it followed the same pattern and the qualifying teams were 5 of 25. Young Managers & Faculty of Institutions Finals Business Quiz in association with Vysya Hostel TrustBoard Raja Satish 13th May – 5.00pm – 8.30pm Quiz Master   The Management Review 25 https://www.facebook.com/hydhma/posts/ pfbid02PdKbpiBkB9AGpMp3pWVFUveVPt54nF9j4xT6pZsVwLFfBJTogRNASpNvZ45Bv11Nl The five finalists were • Sampadha Research and consultants- 1 Team • SeedWorks International Private Limited- 3 Teams • Sri Vasavi Engineering College - 1 Team There were 5 rounds which was projected on the screen and the first round there was no negative marking and every round was tougher than the previous one. The Winners were – Sampadha Research & Consultants with a prize money of Rs 35000 sponsored by Past Presidents Sri Srinivas Ayyadevara, The Challengers were Seedworks International who won the prize money of Rs 20000 sponsored by Past President Mr Nagesh Vishwanatham The Runners were another team from Seedworks International who won the prize money of Rs15000 sponsored by Past President Mr Gampa Nageshwara Rao

Mar - May 2023 | Issue: 05  |  Volume: 27 Activity Report - May 2023 Cont... Cyber Security Lecture Meeting 19th May 2023 / 6.30pm – 8.00pm Mr Prasanna Guntur Venue: FTCCI – Surana Hall Head – Cybersecurity (Supra) Sponsored by NCL Industries Ltd. Dr. Sriram Birudavolu CEO Cybersecurity Centre  https://twitter.com/hydhma/status/1659997112334180354?t=rhVmrKH15p47kXSMFgcxug&s=08 of Excellence  https://www.linkedin.com/posts/hydhma_ncl-lecturemeetig-management-activity-7065762194243678208- vdUQ?utm_source=share&utm_medium=member_desktop   https://m.facebook.com/story.php?story_fbid=pfbid02qs9zWBdADD6AduymNokJ9NknxKwk2UFRUxYeqt 9kLQALDtyuYKn9ceXe49B1iTKYl&id=100063753915528&mibextid=Nif5oz   https://www.instagram.com/p/Csec6skvsH5/?utm_source=ig_web_button_share_ sheet&igshid=MzRlODBiNWFlZA== Lecture meeting on Cyber Security- Risk Management was held at FTCCI Surana Bhavan. Mr G Sridhar, ACP, Cybercrimes, Dr Prasanna Guntur, Head, Cyber Security & Founder - Supra, and Dr B Sriram , CEO Cybersecurity, Centre of Excellence, spoke on how the crime, risks have increased due to increased digitalisation & precautions required at individual & Organisation level. Mr V Ramchander, President addressed the gathering and felicitated the speakers. Mr Jaywant Naidu, Vice President, Mr Chandrasekar, Secretary, Mr Mohan Rao, Treasurer and Ms Geeta Mallikarjunan, COO, HMA members participated. Mr Gangasani Sridhar ACP Cybercrimes, \"Cyberabad National Management Day 20th February 26 The Management Review

Mar - May 2023 | Issue: 05  |  Volume: 27 Questions for the Business Quiz for HMA – 24th Edition, April, 2023 1. __________, a real estate company has acquired Raj Kapoor’s bungalow in Chembur, Mumbai adjacent to RK Studios. 2. After Silicon Valley Bank __________, bank was closed down by the US authorities, citing systemic risk to US banking system. 3. __________,will be manufacturing Vredestein Motorcycle Tyres in India that will be used in motorcycles above 500 cc? 4. According to the hospitality major OYO,__________, place received the highest growth in bookings on the Valentine’s day ? 5. __________, Michelin chef who has a luxury dining restaurant in Thailand, when he had come on a 20 day residency at Hyatt, Delhi, offered meals, each costing Rs 50,000 and it got completely sold out. 6. Unique aspect of the recently launched Audiobooks in romance and fiction categories on Apple Books is__________. 7. __________, personal care brand is owned by the Honasa Consumer Ltd will be soon in the market with an IPO. 8. Sensetime, a rival to ChatGPT , is launched by__________ tech company. 9. Paper Boat, which is known for its innovative packaging of juices, has launched a range of fruit drinks in the traditional PET bottles with name __________ as its brand 10 __________, a Bollywood star has been tied up as the Brand Ambassador by the beauty company Good Glamm group for launching their men’s range under its Good Brand vertical. 11. “Copilot”, is the AI assistant launched by __________, company for__________, its’ popular software for automating some routine task, thereby helping its users. 12. __________, will succeed Sanjiv Mehta as the next MD and CEO of Hindustan Unilever ? 13. Bounce, Vogo and Yulu are competitors in __________ space. 14. ASG Hospitals, acquired __________, once a well-known chain of Eye care hospitals, through the bankruptcy court for over Rs 500 crores. 15. __________ is the Global CEO of which retailer Decathlon. 16. __________ brand of Hindustan Unilever (HUL) recorded 1 billion $ in sales revenue creating a new record recently. 17. __________, former Deloitte CEO, an Indian, is in line to take over as the Chairman of SAP worldwide from, Hasso Plattner, current Chairman, when his term ends next year. 18. __________ has been appointed as CEO of Tata Trusts that owns 66% of Tata Sons, the holding company of Tata Group recently. 19. KL Rahul got married to Athiya Shetty recently. They were endorsing__________brand together, even before their relationship was made public ? 20. __________ Air Carrier is providing planes to Prime Air, a private cargo service in India, the only country outside of US and Europe, launched by Amazon. 21. __________, a leading biscuits brand from Sri Lanka will be distributed by Reliance in its retail stores. 22. __________, cereals has been given a lot of focus in this current year’s Union Budget presented by the Finance Minister. 23. In the logistics industry, e-PODs are__________. 24. Rakesh Kapoor, the former CEO of Reckitt Benckiser, made a large donation of Rs 10 Crore to__________institute, so that a Centre for Innovation that will be named after him ? 25. __________ country has announced that by the year 2025, the entire country will be smoke-free, with total ban on cigarettes. ALL THE BEST Dr. Chetan Srivastava 13. Bike rentals 1. Godrej Properties 14. Vasan Eye-care 2. Signature Bank, New York, USA School of Management Studies, 15. Barbara Martin Coppola 3. Apollo Tyres University of Hyderabad, Life Member HMA 16. Surf Excel 4. Vrindavan 17. Punit Renjen 5. Gaggan Anand 18. Siddharth Sharma 6. They are narrated by Artificial 19. Numi of Paris 20. Quikjet Intelligence bots 21. Maliban 7. Mamaearth 22. Millets 8. Alibaba 23. Electronic-Proof of Deilveries 9. Swing + 24. BITS-Pilani 10. Akshay Kumar 25. New Zealand 11. Microsoft , Office 365 12. Rohit Jawa Answers for the Business Quiz for HMA – 24th Edition, April, 2023 The Management Review 27

Student Industry Development Program Readiness Program (IRP) Management Development Program Awards and Faculty Industry Recognition Development Program Business Simulation Women Development Program Micro, Small, and Lecture Medium Enterprises (MSME) Meeting Business Quiz Membership Categories Corporate Large Scale Corporate Small Scale Individual Life Member Any Company incorporated under the Any Company Incorporated Any individual member who Companies Act, 1956 (Investment in under the Companies Act, 1956 has been a member of HMA for immovable Plant & Machinery above (Investment in immovable Plant & 10 continuous years or who has Rs.300 Lakhs) and allows 5 members Machinery below Rs.300 Lakhs) and completed 50 years of age shall be allows 3 members to represent the eligible to become a Life Member. to represent the company in HMA company in HMA `9676 `7080 `4130 Annual Subscription: `8000 Annual Subscription: `5000 Annual Subscription: `3000 Entrance Fee: `200 Entrance Fee: `1000 Entrance Fee: `500 GST (18%): `1476 GST (18%): `1080 GST (18%): `630 Institutional Member Individual Member Student Member Any Firm, Organization, Any person holding degree from Any person not less than 18 years of Corporation, Government Enterprise, recognized institution and or having a age and is enrolled as a student of responsible position in any industry, a recognized institution imparting Academic Institution, Chamber commercial, Government Enterprise of Commerce or other institutions education in Management or training who are not eligible for corporate or a Company / Firm etc. of Management. membership `1180 `590 `4130 Annual Subscription: `800 Annual Subscription: `400 Annual Subscription: `3000 Entrance Fee: `200 Entrance Fee: `100 Entrance Fee: `500 GST (18%): `180 GST (18%): `90 GST (18%): `630 Management House, 401, 4th Floor, Ratna Block, Raghava Ratna Towers Ph: 040 23205680 | Mobile No. 8121985658 E-Mail: [email protected], [email protected] Web: hmaindia.net