Prashant Pawar

HPGD/AP15/1710
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MD & HR Deutsche Bank

 Mr. Milind Khatavkar has acquired his Post Graduation from

TISS in 1985 with Masters Degree in HR. He completed
Certificate in Appreciative Enquiry from Case Western
Reserve University from Cleveland, Ohio.
He is specialized in Investment Banking and is currently as
HR Head with Deutsche Bank since last 10 yrs.
He is responsible for the entire setup of HR.
Being HR Head he is responsible for driving change across the
organization.
He strongly believes that in today's competitive age your
employee should be engaged where by the end result should
be benefited to the organization and the individual in his
personal growth.
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 He strongly believes that in today's competitive age

your employee should be engaged where by the end
result should be benefited to the organization and the
individual in his personal growth.
He developed a Portal which emphasized on PParticipate, G- Growth, I- Inspire and R- Recognize.
He also stressed upon the importance of having a
Mentor and the various activities arranged for
recognition of good work or to motivate the employee.
Coaching is all about transformation and willingness
to accept change.

 Today there are number of employees across the level

who are looking for some kind of help but it is
practically not possible, they introduced Mentor and
Coaches.
According to him Change is order of the day. If one
does not drive the wave of change , the wave will take
us underneath.
Malpractices come through greed hence we must have
robust controls and checks in the organization.
If the working conditions are flexible it helps in
balancing the work.
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Advising people on complex issues is his passion.

He says Life is so complex that one must have multiple
mentor and multiple role models. Gone are the days of
only one wise man.
Famous quote of Mahatriya
You can never outperform your beliefs.

Head Legal & CS

Phoenix ARC Ltd.

 Mr. Ajay Walimbe is M.Com, LLB and FCS from

Mumbai and currently heading Legal and CS for Phoenix
ARC Ltd which is a leading Asset Reconstruction
Company promoted by Kotak Mahindra Bank.
Mr. Ajay has a strong passion towards stock market and
he also writes articles for various Marathi newspapers,
magazines at national and international level.
He has touched upon 3 major aspects in his interview
that is Importance of SME and MSME in today's market,
Legal issues involved and the Stock Market in India.

 SME & MSME- Both of them are based on criteria of

the capital investment. Though we say that India is
Agricultural Country. The second largest
contributor to Indias growth is through SME &
MSME sector.
70 million population is employed in SME & MSME
sector.
This sector contributes up to 22% in the GDP of
India.
32 million units which are manufacturing more than
8000 items.
Unfortunately the pace of growth is too slow due to
unable to generate working capital for business
from market.
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 Our Government does not support this sector to the

extent which they are supposed to. For e.g. China Gov.
0% Interest funding. No Labor Laws and Hire and Fire
Policy. This is the major strength due to which SME &
MSME sector has a fast pace of growth.
Most of the time common man are not aware about the
policies.
One should gather information about the types of
institution funds available- how to approach them- how
to select the institution train yourself . Need case one
should seek help of a CA.
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 Each SME and MSME should have a periodic audit of

their finances.
Quality check should also be controlled.
LEGAL ISSUES
Every one should check that your company is not becoming
NPA coz its a vicious circle. It has to ensure that company
does not turn into sick unit. The compliance and
documentation should be perfect. If still the problem
persist than one should try to raise equity or try to
increase the moratorium period. As a last resort one can
opt for CDR Corporate Debt Restructure. ( depending
upon your product)
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 STOCK EXCHANGE.
This is a place where trading of shares takes place. It
is a platform for companies to increase wealth and for
investors to create wealth.
Sensex Index is related to BSE and NIFTY is related to
NSE. Stock market is always controlled by FII under
the free float concept.
Mr. Walimbe explained about two depository i.e.
CDSL and NSDL which control the demat accounts
through which trading of shares can take place and
the two routes to purchase one is through Primary
Market - IPO and secondary market through open
stock market .
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 Some tips on stock market.

Long term investment always benefit us in long run. Day
trading which are considered as short term are applicable
for higher tax liability.
One should know when to apply the stop loss method and
should not try to compensate loss by buying a falling share.
Never try to average it out.
Not to buy a share just coz it is available at cheaper rate.
Its a hard earned money of every individual and one
should invest it wisely. Each one has to do their own study
related to the technical, fundamental and industrial aspect
of each share
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Legal Corporate Lawyer

Partner - J Sagar & Associates

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 Mr. Nitin Podar is a Corporate Lawyer by profession

and he is specialized in Public and Private , Mergers &
Acquisitions, including De-mergers ,restructuring of
business assets & share purchase deals, Joint Ventures &
Strategic Alliances, Private Equity and General
Corporate Advisory.
He has vast experience on FDI & Exchange Control
Regulations.
He has advised several multinational companies on
financial and technical collaborations in India, and
strategies /options for commencing operations &
consolidations in India and in cross section of industry.
The ability to articulate things and find solutions was
the main thing which lured him to this profession.
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 According to Mr Podar after 1991 India got a image lift

through mergers and acquisition.
Being with the current firm since past 7 yrs the firm strongly
believes in building an institution. They have a structure like
college . They have various practice areas like mergers &
acquisitions, banking & finance, securities law, research and
dev where they have teams.
The main motive is to first understand the client and give
him the best possible services along with a quality of advice.
He strongly believes that a client should always not only get
value for money he pays but something more.
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 He explained about the SME/MSME and Family

managed business and obstacles faced by them. Most of
the business due to inherent nature remain small, but
each one should try to professionalize themselves. One
should have forward thinking.
Seek advice professional advice or a Mentor.
Being totally depending upon family sometimes fails to
check the competency level. Things do go wrong but one
should not fear failure. Try to handover /imbibe all
values to next generation.
Try to divide between ownership and management and
taking right decision in interest of the business.
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 He also explained the difference between Private Equity

and Venture Capital. He says the most of the time SME
does not grow as they dont keep track of their finances.
The main idea to look for Private Equity or Venture Capital
is they are thorough professionals and they help you to
keep track of your finances. Sometimes we tend to work for
passion but loose control on finances.
Entrepreneurship spirit is high in Indians. Any industry
starts from zero . To sustain one should bring innovation,
study competition and should possess market intelligence.
He also discussed issues with succession. If next generation
is capable/competent one must invest to teach them .Give
freedom to enable them to take decisions.

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 Each work is a testing time and one must go through it.

The fear of not wanting to fail itself will make you fail .
There is nothing like failure these are lessons which
teach you. Thing can go wrong but one should move
ahead in life.
Without hard work there is no success.
The main USP of the business is how you market
yourself .
Lastly he gave a message to student that Globalization
has created vast opportunities and in today's world
Idea is capital Introspect, dont fear to experiment. Do
it with full passion and just go for it.

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 Most of the time Indians cannot differentiate between

Savings and Investment. They try to mix up . Indians are
good savers but bad investors.
The equation has to be as under :
Income Future Expenses = Current Expenses.
Money looses its value called Purchasing Power due to
enemy called Inflation. This happens due to lack of
financial literacy.
Savings to be invested in such a manner that it at least
outgrows inflation.

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 Following are some important highlights which every one

should keep in mind.
1. Do not splurge all what you earn save for rainy day.
2. Understand relation between saving/inflation & investment.
3. Start saving at an early stage in life.
4. Match tolerance risk with investment risk.
5. Investing is serious activity.
6. Do not speculate.
7. Never Invest borrower funds.
8. Learn to diversify your funds.
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 Gagnes 9 Levels of Learning.

Robert Gagne ( 1916-2002)- He was an experimental
psychologist who was concerned with learning and
instruction for several decades.
Gagne's Nine Levels of Learning provide a step-by-step
approach that can help managers, trainers, and
facilitators structure their training so that their students
or teams get the most from their learning opportunities.
His book "The Conditions of Learning," first published
in 1965, identified the mental conditions that are
necessary for effective learning.
Gagne created a nine-step process that detailed each
element required for effective learning
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1.
2.
3.
4.
5.
6.
7.
8.
9.

Gaining Attention (Reception)

Informing Learners of the Objective (Expectancy
Stimulating Recall of Prior Learning (Retrieval)
Presenting the Stimulus (Selective Perception)
Providing Learning Guidance (Semantic Encoding)
Eliciting Performance (Responding)
Providing Feedback (Reinforcement)
Assessing Performance (Retrieval)
Enhancing Retention and Transfer (Generalization)

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The process of determining retirement income goals

and the actions and decisions necessary to achieve
those goals.
Retirement planning is combination of many things.
There are four major steps involved :
P- Project the income required for standard of living.
A- Adjust the retirement income needed for inflation.
I- Identify likely sources of income in retirement.
D- Decide on current investment which will create
sources of future retirement income.

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Factors which affect Retirement Planning.

The factors defer for the employed category and self
employed category.
For employed category the benefits are divided in two
parts i.e. Defined Benefit (DB plan) and Defined
Contribution (DC plan). The first is looked by the
employer and later by the employee.
In DB plan the quantum of benefit is fixed as absolute
term of depending on length of service & salary, Whereas
in DC plan it depends on accumulated value of
contribution made by both employer and employee.
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 By Princey Mehta
Traits are consistent patterns of thoughts, feelings or
action that distinguish people from one another .
While carrying out in depth study of human behavior it
was found that traits remain stable for long but as age
passes the characteristics behavior can change.
Action and reaction to it can differ in each person.
It all depends on how a person receives a action, works
upon it and reacts to the action.
In psychology there are 5 broad domains to describe
personality. The theory is based on (FFM) Five factor
model . Acronyms to use these 5 are named as OCEAN,
CANOE or NEOAC.
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 Beneath each factor a cluster of co related specific traits

are found.
Origin 1936 Gordon Allport and H S Odbert they
derived the concept of Lexical Hypothesis . They studied
18000 words from which they derived at 4500 words
which can be used personality describing adjectives.
Significance --- The classification of data in a structured
manner which was previously scattered and
disorganized

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 Tendency Vs Opportunity is a major key to understand

human personality.
Over the years the study patterns of human behavior is
changed . Currently we carry out psychometric test to
under human behavior.
There are acronyms termed as OCEAN, CANOE or
NEOAC. Those who want to study the impact of human
behavior will follow the above acronyms only.
O- Openness to Experience
C- Conscientiousness
E- Extraversion
A- Agreeableness
N- Neuroticism
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 Basis on each attributes they have further segregated

into two parts i.e. High Scorer and Low Scorers.
Openness to Experience- main attributes are
imagination and insight.
Conscientiousness- main attributes are high level of
thoughtfulness with good impulse control. The people
who are high with this trait are with mindful of details
and tend to be organized.
Extraversion- main attributes are excitability,
talkativeness, high amount of emotional expressiveness
and assertiveness.
Agreeableness main attributes are trust, kindness,
affection & other pro social behavior

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 Neuroticism main attributes are emotional instability,

anxiety, moodiness, irritability and sadness.
Until a person does not get exposed to a particular
situation we may not know how he/she will react. Only
then we can understand his actual traits.
Overall it is observed that a person can be studied on the
basis of these traits and also understand his strength and
weakness.

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 Yann Martels Booker Prize winning book, Life of Pi has been

transformed beautifully into celluloid by Ang Lee of
Crouching Tiger Hidden Dragon and Brokeback Mountain
fame.
Its a story of the protagonist Pis magical journey on a lifeboat
with Richard Parker, a Royal Bengal Tiger for company and in
the process discovering himself, faith and God.
A captivating story with many dimensions and visually
stunning, the movie leaves you engrossed till the end and has
also got high ratings from both the critics and audience.
There are also some great lessons in life and business, that
one can learn from Life Of Pi.
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 Its difficult to follow different paths at the same time, as many of

them are conflicting in nature and often create confusion and make it
difficult to stay focused and at times, lead to wastage of crucial
resources.
As an entrepreneur, its also important to choose your mentors, guides
wisely. Listening to all sorts of advice will harm your chances and
cause delay in reaching your end goal.
As with faith and advisors in life, entrepreneurs must be careful in
choosing their business model and target group. In early days, when
an entrepreneur is trying to establish his business, its important to
prioritize and decide on whether youre targeting SMEs or Large
Enterprises or youre operating in B2B or B2C segment for the matter.
Pursuing divergent and often energy sapping paths lead to quick
burnouts and eventual disillusionment with the whole process.

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 Pi Patel was born with the name Piscina Molitor Patel, given by his
Uncle after a swimming pool in France. This name obviously caused
him lot of anguish as everyone started making fun of his name at
school and outside. Pi had to work hard on a rebranding exercise. So,
he decided to remember the value of Pi expressed in several
hundred decimal places to drive home the point. Associating a story
with the name made it work even better for him.
So, if you have to work on creating a new brand name of changing
your existing brand name for that matter, work on telling a good
story which captures the imagination of the audience. The story makes
the brand name stick. And, as Pi Patel learnt it the hard way,
rebranding can be a difficult and often expensive exercise. So, if you
inherit an unimaginative or not so great brand name, starting
rebranding exercise early as Pi did really helps.
Choosing a good brand name could be your first step towards
creating a successful brand.
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 When Pi was thrown into the Sea on the lifeboat with limited stock of
resources after his ship capsized, he had to make a plan to survive
the uncertain and indeterminate period in the harsh seas. Fortunately,
he found a handbook to help him plan for the time on the lifeboat.
If youre an entrepreneur, think of the handbook as your business
plan. Its important to keep it handy and work according to the plan
and of course, keep referring to it, when youre in doubt and monitor
progress as you go along.
Probably, the most important resource for an entrepreneur is money
and in the beginning, when income is low and uncertain, an
entrepreneur needs to make sure, the money (resources) lasts till
revenues kick in or next round of funding (help) comes in the choppy
waters of entrepreneurial journey.

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 When Pi found Richard Parker on the life boat, he got scared and threw all
the supplies in the lifeboat to a makeshift raft and tied it to the life boat and
decided to shift to the raft. At that moment, it looked like the wise thing to
do, without taking into consideration greater dangers, still unknown to him.
When the breaching whale appeared at night and upturned Pis raft
throwing all his supplies to the water, Pi realized, living with Mr. Parker on
the boat may be a better option.
While starting up, resources are typically scarce and its important to guard
them and stop leakages or losses. Its good to have one secure base and
address the market. Entering unknown and uncharted territories without
adequate research and throwing resources at the market and not protecting
your own backyard could be a deadly mistake, few startups can afford.
Also, if you have limited resources and there are multiple products, fighting
for the same resource, its better to spread your resources across groups to
reduce dependency on 1 product to succeed, which is a low probability in a
highly uncertain startup environment.

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 After the whale incident, Pi had to reconcile to the fact that he has to
live with Mr. Parker on the lifeboat, an idea, which he had been
resisting so far. As a first step, he decided to start communicating with
Mr. Parker and also set out marking their territories and setting some
rules. Having Mr. Parker on board also kept him alert at all times. Mr.
Parker is both a co-founder and a competitor for Pi in his
entrepreneurial journey.
An entrepreneur needs to co-exist with both. With co-founders, its
important to communicate clearly, define roles and responsibilities
and ensure that you dont encroach upon each others spaces.
An entrepreneur needs to learn to co-exist with competition in the
market. Competition keeps him alert and on his toes. And its
important to keep the competition healthy and not indulge in
unethical, dirty tactics in the market. This may even mean,
occasionally helping a competitor, while fiercely protecting your
market share, if it helps the overall market grow.
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 When Pi reached the mysterious floating island of carnivorous algae

inhabited by meerkats, it seemed like, he has reached an oasis of life
with bountiful food, water and shelter. But, it probably symbolizes the
idea of settling for something average when there could be
something much better in store. Also, it could potentially be a
dangerous compromise fraught with dangers, just like living in the
island which turns carnivorous at night.
In business, its important to keep moving and not get complacent with
interim success, related to reaching some milestones. Its important to
keep an eye on the final destination.
An entrepreneur has to keep his ears close to the ground and
constantly keep evolving and updating his product by launching new
versions or even launching new products to address new gaps in the
market. Sometimes, it may also mean, changing the business model or
exiting the market, if the market dynamics necessitate such an action.
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 Life Of Pi is a story of perseverance and a story of not giving up,

even in the harshest of conditions. Pi didnt give up hope of survival
and he kept moving.
Similarly, for an entrepreneur, its important to remember, that the
darkest days are not going to last. Its important, not to give up on
your dreams and give up on life.
So, the days, when you are down and in state of despair and almost
on the verge of giving up, you must remember, that this stage like
everything else in life is only temporary and this too shall pass. There
are times, when it may seem like you have tried everything possible
within your means and there is only a little more that you can do. In
those hours, its important to remember, that there is someone
watching out for you and youre not here without a reason.
There will be always some opportunities which will sustain you, till you
reach the shores of success, provided you dont give up.
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41

 Do you know what your HR leader does every day?

There is a huge variety of responsibilities across the different
members of the HR elite. There are some tasks that emerge
both as prioritised and peripheral, including meeting senior
staff and business partners, which occupy a significant 21.8%
amount of their time.
Across every role, an average 15.3% of the week is spent on
employee relations and engagement, however this breaks
down into 20.1% for Heads of Department, and an average of
between 12.2% and 12.5% for the rest of the elite.
This suggests a very clear, industry-wide focus on Heads of
Department to be at the centre of relations and engagement.
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 One of the most dramatic focuses of responsibility occurs

within the process of recruitment. VPs spend around 15% of
the average week on recruitment and executive search more than Directors, Heads of Department and Managers
put together.
Developing a set of guiding principles can be hugely useful
for targeting your career progression. Whilst these shouldnt
become inflexible rules, there is still a clear benefit in having
personal and professional values for the workplace.
Firstly, be yourself; be professional but in a way that is
authentic to you, advises Tess Smillie, HR VP at Samsung
UK.
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 Be brave, take calculated risks. Have impact; dont ask if

youre doing a good job, ask if you are making a
difference.
Joining the HR elite can only come through
understanding the lessons of experience, as well as
learning to question both the work environment and
your own ambition.

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 State Bank of India (SBI) on Friday said it plans to offer up to

3% of annual profit to employees as part a talent retention and
motivation initiative.
As informed to PTI the bank chairperson Arundhati
Bhattacharya said that they have sought permission from RBI
in this regard.
It is necessary especially for people in senior management
and mid-level management, the amount that they get in the
private sector is much higher than they get in the public
sector,
She further said that for meeting competitive pressures, we
need to ensure that we are able to remunerate our people
better.
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 Besides, the bank is also considering a share-purchase

scheme for all employees, irrespective of their posts. The
largest public sector lender expects to raise between
Rs.800-1,200 crore through this scheme. The bank has
about 2.3 lakh employees.

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 Today Middle Managers form a vital bunch of the working

individuals (especially in IT industry)
Faced with increased competition and the lack of qualified
workforce at the middle level, re-skilling and rebooting
have become crucial for these IT majors to keep pace with
the rapid changes.
There are middle managers who are victims of identity,
role and authority confusion due to their inability to keep
pace with the changing role of their jobs, particularly in the
IT domain, where technology changes every fourth day,
said the Edureka chief Lovelyn Bhatia .
Employability is a major issue across sectors and even the
Government has realised the need for India to scale up its
skilling efforts.
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 Unicom has created options for both online and offline courses to skill up some of the hottest IT-domains
such as agile, big data, the Internet of Things, cloud,
etc.
Online learning will grow, but it cannot possibly
replace the brick and mortar style because candidates
are more confident of getting their problems clarified
on ground, the Unicom chief said.
Learning by Doing is the pedagogy at every new-age
business school and we (at IPL) embrace that, said
Shah.
Training institutes consider online education an
alternative to bridge skill gaps and address industry
needs in a faster way.
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 Some of them also consider that virtual classroom

models and real time instructor led live tutorials and
peer to peer talks would be more apt for learning niche
tech subjects.
While others think that experimental learning which
can be delivered online or offline is need of the hour.
Trainers emphasised the criticality of continuous
learning and re-skilling by stating that this would be
the only way to stay ahead of the next big disruptive
change.

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 The emerging market BRICS nations will have their own

development bank by the end of the year, South Africa said today.
The BRICS nations Brazil, Russia, India, China and South Africa
which represent 40 per cent of the worlds population and a
quarter of its economic output, decided in 2013 to create their own
development bank to step up lending for the infrastructure
projects needed to close the gap with the industrialised world.
The bank, which will be headquartered in Shanghai, is expected to
have up to $100 billion in capital.
Maasdorp, who heads up southern African operations for Bank of
America Merrill Lynch, was formerly an advisor to the current
head of South Africas central bank, Tito Mboweni, and supervised
the governments privatisation programme from 1999 to 2002.
Further to this news India has nominated Mr. K V Kamath as its
first chief of the New Development Bank.
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 HDFC Bank Ltd has emerged as the leader in mobile

banking with 38.2% market share in FY15, followed by
ICICI Bank Ltd, according to data compiled by BNP
Paribas Securities India Pvt. Ltd.
With urban customers and those below 35 years of age
clearly preferring mobile banking, market leaders in this
segment stand a better chance of becoming their primary
bank.
HDFC Bank Ltd has emerged as the leader in mobile
banking with 38.2% market share in FY15, followed by
ICICI Bank Ltd whereas State Bank of India just holds
17% share in the total mobile transaction value.
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 BNP Paribas analyst Mr. Avneesh Sukhija clearly states

about the huge mismatch in % related to market share
of savings accounts as compared to mobile banking.
in FY15, as SBI beats HDFC Bank with a savings
account market share of 39.3% compared with the
latters 9.5%, the mobile banking market share of HDFC
Bank at 38.2% is much higher than SBIs 12.9%.
Most of the Gov. run banks besides SBI and Union bank
are very slow on their digital banking aspect.
It is matter of fear that erosion of market share in lowcost deposit franchise will lead to narrower margins
and slowing profits.
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 Lifestyle International Pvt. Ltd, the owner of departmental

store Lifestyle, home goods store Home Centre and
fashion brand Max, will launch Landmark shops in by
early 2016, to sell branded apparel, home furnishing and
accessories online.
Currently, the company only sells its value-fashion brand
Max through third-party websites such as Jabong.
Their has been a major shift from offline to online as
reported by the top executive of the company.
The companys online foray in the country, on the lines of
its United Arab Emirates portal Landmarkshops.com, has
been in the works for over a year now.
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 They plan to have an online team of 50-60 employees at

their Bangalore office.
Devarajan Iyer, ex-head of Home Centre, is heading the
companys online retail venture. The site will allow users to
shop for most brands that Lifestyle and Home Centre carry,
apart from Maxs private label.
Lifestyles move comes at a time when Indian shoppers are
increasingly shopping online for everything from gadgets to
clothes, making it a $60 billion market by 2020.
The popularity of online commerce has altered the retail
ecosystem in the country, especially for brick-and-mortar
stores that are planning expansion.
The company joins a growing group of Indian brick-andmortar chains such as Reliance Retail Ltd, Shoppers Stop
Ltd and the Future Group that are trying to become better
omnichannel retailers, driven by market share gains of
online stores such as Flipkart, Amazon and Jabong, among
others.
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 Most of the individuals struggle a lot in order

that their resume should be showing their
distinguished career amongst all.
We are good at what we do but we may not
articulate our value proposition.
We may be excellent in executing our given task
but we should also be able to project this
accomplishments to others.
Each one has to have a strategic plan to showcase
their own brand.
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 Challenge #1: Youre struggling to focus on whats

relevant from your career.
Challenge #2: You cant figure out how to show the
impact of previous jobs.
Challenge #3: Youre trying to fit your experience into a
too-tight space.
The above mentioned are the major challenges faced by
each one and lets look at some solutions which will help
us to project ourselves in a better way.
Take these tips to heart if youre struggling to write an
executive resume truly representative of your personal
brand. Lets look at solutions to this
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 Always start with a end in a mind. The story should be come

centered on the characteristics and career impact you have
had.
Shape the outline of your resume to show relevant (even if
older) detail.
Consider adding sections to the first page of your executive
resume to emphasize key achievements from throughout your
career.
Use a format designed around both a snapshot view and
the breadth of your career. Try to create a single sheet
summary .
Take these tips to heart if youre struggling to write an
executive resume truly representative of your personal brand.
An effective writing strategy and format (developed outside of
your content) will go a long way toward expressing the right
message to employers.
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 The essence of doing business in a global, neo-liberalized

environment often underlines the importance of pitting
innovation against imitation.
In today's information age world has a huge basket of
various resources and over and above there are various
fields emerging from time to time which keeps on giving
us new ideas , technology and innovation.
What is pertinent to the debate is the diminishing line of
differential clarity between innovation and imitation.
the onus is to define for ourselves on what is acceptable
in the larger macro-environment and what we should
ideally reject and jettison.
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 The point is indeed debatable coz companys like Microsoft,

Apple,Google & Facebook have initially started off with
imitation of an idea, yet their product offerings are largely
known to be breakthrough innovations.
Imitation, surprisingly, can also perpetrate innovation.
Imitation can at times lead to disastrous consequences for even
brands that have remained perennial market leaders.
For eg. When Pepsi started emerging in the cola segment eating
into the sales of Coca Cola, the latter decided to replace its old
formula with a sweeter variation.
Imitation and innovation can also be examined in light of
ideas, concepts and intangible things.

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 An imitation may not be detected at all, if it is very

cleverly camouflaged.
We witness umpteen cases in all fields of corporate life,
ranging from stealing blueprints of HR practices, to
operations management, to product development, etc.
However, a good company should also have a strong
R&D team which tirelessly works to bring in more and
more innovation.
Organizations inherently look to maximize profit,
generate more sales, build better brand image.
To summarize in Shiv Kheras words, Winners dont
do different things, they do things differently.
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 Every Manager wants to ensure that there office is running

as efficiently as possible.
This all depends upon the work ethics and abilities of each
person working in that organization.
there are a variety of programs, tools, and technological
applications that can boost your office productivity and the
efficiency of each individual.
There are 4 software and technology based solutions which
can help you track the efficiency for all of them.
1. Productive is a task management program that can help
with the administration and delegation of group or officewide projects. This software helps you easily assign tasks
to employees and receive real-time updates regarding
developments.
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2. Datapine is a program that allows you to report, view, and

share data throughout your office efficiently and hasslefree. The program specifically excels in generating charts
and graphs, and allows you to edit, send, and work on
these easily. ( infrastructure Cloud based)
3. Boomerang- The program will keep track of the emails you
send and receive, and ensures that nothing slips through
the cracks. ( along with any Gmail account this can be
installed)
4. Ergonomic Technology Its world wide accepted concept
that a happy employee is a productive employee.
Ergonomic technology will show methods to deploy that
employees dont strain their bodies and risk their health
.

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 Banking today encompasses so many things

including private banking, retail banking,
investment banking, treasury management etc.
Private banking as the name suggests includes
very specialized banking. This is essentially meant
for High Net worth Individuals and would also
include way wealth management and investment
banking.
Retail banking includes almost every facet of
banking that individuals undertake each day. This
includes personal loans, credit cards, fixed
deposits overdrafts, savings accounts. This covers
almost every aspect of your day to day banking. 63

 If you are a high net worth individual who has

no time to manage his financial investments,
you can look at private banking.
A personalized banker would than guide you
in planning and investing, considering tax
liability, diversification of portfolio, asset
allocation strategies etc.
On the other hand if your resources are not
adequate you might want to manage your
wealth by yourself.
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THANK YOU

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