24th - 26th January, 2020
Batch 28 experienced the 3 day Leadership Lab at Garudmachi. Leadership Lab is an experiential learning opportunity for students to practice core leadership skills in a team setting, impart techniques and frameworks for managing individuals, teams, organizations, and networks. FMB Leadership Lab works with budding entrepreneurs to increase their influence, expand their impact, and leave a powerful living legacy.
Family Dynamics-I Workshop
22nd January, 2020
Dr. Tulsi Jayakumar and Dr. Kamal Sharma, Advisor, LUPIN LTD, conducted a workshop on “Succession Planning” for the mentors and mentees. Dr. Sharma spoke about various dimensions of succession, challenges faced by the new generation and also the generation gap and communication gap faced by the mentors. Dr. Jayakumar spoke about why succession is important in family businesses. She mentioned why planning, ethics and commitment is important in the growth and success of family business
Prof. Mr Sanjay Rego, proprietor of REGO & ASSOCIATES, guest speaker spoke about the legal aspects of succession in family managed business. Mr. Rego also mentioned about the FEMA issues on certain assests to NRI family members and SEBI takeover regulations issues.
Family Dynamics through Alumni lens
7th November, 2019
Mr. Simarpreet Singh (Head of Strategy and Brand Management, Hartek Group) and an alumus of FMB 16 conducted the first session of the newly-launched ‘Family Dynamics through Alumni lens’ series of lectures. The topic for the session was ‘Working together in Family Managed Business’.
20th November, 2019
Mr. Venkatesh Iyer (Founder & CEO, Goli Vadapav) conducted a Samagam session for Batch 28. Mr. Iyer shared his insights about the food industry in India, filled with personal anecdotes. With an initial investment of Rs. 1 crore, he started his hole-in-the-wall, take-away vada pav outlets in Mumbai. Today Goli Vadapav has over 300 stores across 100 cities and 20 states in India.
“My mantra to success has been ‘plan, do, and check’,” said Mr. Iyer, who has a book to his credit, titled ‘My Journey with Vadapav’.
18th October, 2019
The Family Friday session for FMB 28 was held with Mr. Nimesh Chinoy (SBU Head-SigmaWeld, Electronics Devices Worldwide Pvt. Ltd.), an alumnus of Batch 14. Electronics Devices Worldwide Pvt. Ltd. provides complete solutions for end users based on their requirements for induction heating, capsealing and welding inverters. Mr. Chinoy shared his insights and experiences on expanding the business.
23rd September, 2019
Every new batch brings with itself new energy, and lots to look forward to. It was no different as Batch 27 welcomed our new batch with our Dean, Chairperson, and faculty members in attendance, and shared their own experiences in FMB. Dr. Jayakumar addressed the new batch and introduced them to the FMB course.
Mr. Gautam Hari Singhania (Chairman & Managing Director, Raymond Limited) was the chief guest for the day. Mr. Singhania said, “I lead a complete life. One third of my time is devoted to work, one third for family and one third is devoted towards things I am passionate about,” which perfectly summarised both the need and path to living a balanced life, during and outside their educational journey.
FMB Achiever from Batch 8, Ms. Manasi Sachdev (Director, Nayasa) spoke about her journey and learnings while managing her family business, and how the new participants could make the most from their learnings at SPJIMR.
Domestic Industrial Visit
9th February, 2020
Students of Manufacturing elective visited Furniture Kraft International Pvt. Ltd. Atgaon, Raigad. The visit helped them to gain better understanding of how an SME manufacturer works in a systematic environment. Students also developed deeper insights into flow of material, point of use storage, workstation designs and space utilization amongst other things.
5th February, 2020
Mr. Nimish Parekh (General Manager-Parekh Integrated Services Pvt. Ltd. FMB Alumnus Batch 9) conducted a Samagam session. Mr. Parekh opens the session with a recollection of his FMB experience, while further relating his academic and business journey at SPJIMR. He reflected on how he was able to reinvent himself with the help of feedback mechanism, conflict management and some self-evaluation strategies.
Industry in Classroom
7th November, 2019
Mr. S. R. Yadav (Chairman, Bitoo Tikkiwala Pvt. Ltd) conducted the Industry-in-Classroom session as a part of Business and Society class for Batch 27. Mr. Yadav shared his success story, on how he started his entrepreneurial journey by selling tikkis on a push cart on the streets of Delhi. He emphasized how thinking out of the box has enabled him to grow his business in a unique manner which in turn helped him make the right decisions and chase the right opportunities.
Foreign Industrial Visit
26th September - 5th October, 2019
Participants of Batch 27 visited Shanghai, Hangzhou and Singapore for their Foreign Industrial Visit this year. Among the companies on their itinerary were Bao Steel, New Development Bank, JD Logistics, Sany Heavy Industries, General Motors, Yakult, Nuwater, and more.
They got an overview of essential industry practices at each site; from automated operations at scale, funding projects as a bank, packing and logistics of delivery, how machinery is manufactured, and more. They also made a stop at Holiday Inn to understand how the hotel industry works at a global level, and Tiger Brewery to familiarize themselves with the production cycle of beer.
To unwind, the team headed to Shanghai Disneyland on the third day and Universal Studios Singapore on the second last day, marking an exciting industrial visit.
20th September, 2019
Industrialist, patriarch of the Murugappa family, and former executive Chairman of the Murugappa Group, Mr. M.V. Subbiah conducted a guest session for Batch 27.
Mr. Subbiah spoke about his journey in business and key rules of business which he followed in the span of his career. He also spoke about value systems, the importance of savings, managing people and employees among other things, and left the students with a powerful mantra: “Your life is in your control, only you can make it big”.
Value Added Session
23rd July, 2019
Ms. Yukti Mehandiratta, (Founder CEO, Silhouette by Yukti) conducted a value added session on ‘Polishing Professional Image’ for Batch 27.
The session taught them valuable strategies to help and understand the principles of proper etiquette and how appearance, body language, communication, and social skills can enhance or undermine corporate image, impact business development, and one’s reputation with customers and clients.
26th July, 2019
Alumni of Batch 10, Mr. Sumeet Kabra (Director, RR Global), Mr. Ankit Kedia (Director, Manjushree Technopack Ltd.) and Mr. Deepak Agarwal (Managing Director, Bikaji Foods International Ltd.) conducted a Family Friday session for students of Batch 27.
They spoke about their success stories in business, how their time at FMB helped them and more. It was a super energetic session and the students were thrilled to interact with the three alumni.
Foreign Industrial Visit
24th -30th November, 2019
Participants of the Retail elective headed to Europe for their Foreign Industrial visit. The first leg of the visit was in Milan, where they visited six companies, including Corrado Jewellery, Eataly, Serravalle Designer Outlet, Milano Rinascente, Jumbo Group Showroom and Carrefour market. Each visit highlighted a unique aspect of the retail business, so that the students found themselves introduced to ideas on family dynamics, merchandising strategies, elements of a hybrid retail chains, luxury retail, elements of creating brand experiences, building on franchisee opportunities, creating shopper engagement experiences and more.
This was followed by a quick visit to Innsbruck, where the participants visited the Alprose Chocolate Museum, and Swarovski Crystal, where they learnt about using global inspirations in product design.
In the final leg, the batch landed in the ever-gorgeous city of Paris, visiting giants such as Tesla, LV, Galleries Lafayette, Fragonard, L’Atellier Renault, Fauchon Infusions and Kusmi Tea.
Packed with industry visits, travelling, exploring and more, this was an enriching FIV for the participants, giving them an overview of global practices in the retail field.
08th August, 2019
Mr. Claudio Maffioletti (Secretary General & CEO, Indo-Italian Chamber of Commerce) held an interactive session with students of the Service elective from Batch 26.
The Indo-Italian Chamber of Commerce and Industry (IICCI) is an Association of Indian and Italian enterprises, professional and intermediate bodies.
Domestic Industrial Visit
13th - 14th August, 2019
Students of Batch 26 of the Service elective visited Sula Vineyards, Sarda Farms, Sahyadri Farms, and Mahindra and Mahindra Ltd in Nashik as part of their Domestic Industrial Visit.
It was a packed two days as they visited the four companies, and returned with invaluable insights on a range of subjects, from quality systems, quality measurement tools, agricultural technology, commanding the market price you want, to the simple yet often ignored differences between the different types of wine and the process of making it, and how cooperatives function smoothly.
Industry in Classroom Session
17th May, 2019
Mr. Ramesh Agarwal (Chairman, Agarwal Movers Group) conducted an Industry in Classroom session with Batch 26. The topic for the session was ‘CSR Practices’.
Agarwal Packers and Movers Ltd. is a flagship unit of Agarwal Movers Group. Mr. Agarwal threw light on his organisation's CSR initiatives, which include caring for the drivers of his vehicles who are the life line of his business. The session also highlighted the importance of innovating and following business practices borne as a response to customer complaints.