” Deadlines are Sacrosanct “The three magical words every Bschool graduate gets to hear very often. The phrase has been used many times by all, however, its importance, it seems, is yet to be known to many. The only sacrosanct rule at all IIMs is punctuality.
Good Management is only appreciated in its absence. So, while waiting for my food order in a queue made me realize how unaccustomed I have become to queues, waiting, and things not happening as they are supposed to. This further made me admire the beauty of time and how efficiently things happen in IIM Kashipur.
I remember my first week of induction which was by far the busiest and most rewarding schedule as I was given a rehearsal for the life waiting ahead for me. I was reassured over and over that we will sail through it and no one has ever died of insomnia. For a moment 24 hours felt quite less seeing the ocean of things lined up -course work, assignments, enrolments, orientation sessions, alumni meet, student body meets, senior interactions, batch meets round the clock and then you have sacrosanct deadlines for them.
If you want to know the value of one minute, ask the person who missed their deadline by a minute and has been awarded one grade lower than what they would have received if they had submitted the assignment on time.
All this is done not to scare anyone nor does any faculty enjoy doing so, it is done to make us part of an erudite culture that values time above all commitments. As every management institute does, the IIM Kashipur framework serves as a paradigm of effective management. All tasks are done from a “better never than late” mentality, based on the central principle of punctuality.
The obligation of punctuality extends not only to students but also to both faculty and staff. No one is permitted to waste someone else’s time, resulting in a super-efficient system.When you have grown used to such a culture indoctrinated for the system to function smoothly, even a 15-minute line seems weird.
So my only tip is value and plan things ahead of time and keep an action plan ready for last moment hiccups. My go strategy for the same was to simply set all my clocks ahead by 15 minutes (and then forget about it).
About the Author: Sakshi Poddar a Computer Science Engineer by qualification is now pursuing MBA (Analytics) from IIM Kashipur. She is a part of various student bodies like the Media and Public Relations Committee and Admission Support Body. She is an IT professional with 2 years of experience in Hewlett Packard Enterprise. She loves traveling and dancing. You can connect with her on LinkedIn
The moment we hear IIM Kashipur we relish the scenic beauty of the majestic Himalayas lining up this exalted building of bricks. IIM in the North(as it’s fondly called) is bestowed not only with the stunning beauty of nature but also ensures wholesome experience to academic rigor. So, we have come up with 10 best highlights which makes IIM Kashipur the nostalgic addition to students’ memory lane.
This program is specially devised to provide a comprehensive learning platform for the students to make them industry prepared, to suffice the increasing demand for complex data analysis, and thereby helping organizations make better decisions. This aims to make students understand the necessary principles of different forms of analytics to facilitate decision-making in practical business settings. Moreover, this program enables students to acquire and use advanced analytical as well as managerial skills to evaluate uncertain and dynamic business environments and to make effective decisions.
IIM Kashipur has achieved more than a 3X increase in female candidates in the AY 2020 -21 compared to the previous year. Moreover, IIM Kashipur encourages the enrollment of female candidates through points assigned in the diversity metric as a part of its academic policy and it also continued with its initiative of sanctioning 15 supernumerary seats for female students.
The institute comprises of 41 faculties from various domains of specialization with rich experience and showcasing higher research potential. Moreover, IIM Kashipur believes in imparting application-based knowledge to the student fraternity, and as a step to achieve the same, the institute has about 34 visiting faculties from other IIMs and top B schools. The curriculum of IIM Kashipur is structured in a way to instill practical knowledge to the student community through projects and assignments. In addition to this, regular classes are shaped with interactive discussion-based teaching and learning activities through simulations to deliver the inexplicable things in a more fathomable way.
As we know MBA is not a degree that can be acquired through books, IIM Kashipur promotes the participation of students in various corporate and B school competitions. This academic year, students have bagged 100+ achievements to the institute in competitions organised by fortune 500 companies like Xiaomi, One plus and ET, Tata group, Google, Flipkart, L’Oreal, Reliance, Edelweiss Tokio, etc., Students have also bagged prizes from IIMs, IITs and top B schools.
Foundation for Innovation & Entrepreneurship Development (FIED) is the incubation center of Indian Institute of Management Kashipur, which is an initiative to cultivate and improve India’s entrepreneurship ecosystem. With the assistance of the Ministry of Agriculture, the Department of Science and Technology, the Government of Uttarakhand, and other supporting partners, FIED is set to incubate India’s most promising start-ups in the areas of tourism and hospitality, agriculture, art and craft, and education. FIED concentrates on the major focus areas which include art and craft, agriculture, technology, tourism, Ayurveda, and education. These areas focus on preserving our rich heritage, spreading the knowledge about science and technology, working towards the betterment of agriculture, enhancing the knowledge level of inquisitive minds, and fostering the inner wanderlust within people. Moreover, FIED has successfully incubated 150+ ventures, has engaged 500+ entrepreneurs, raised more than 50 crore rupees of funding, and has established a network of 100+ investors setting a stage for the budding entrepreneurs to learn and establish their dreams.
IIM Kashipur has, over the years, developed strong ties with multiple universities and institutes from all around the world. IIM Kashipur students have the chance to visit top MBA institutes in France, Denmark, Greece, Israel, South Korea, Taiwan, UK, Thailand, and many more. In the year 2019-20, 11 students from IIM Kashipur visited 5 different institutes in different countries as part of the Student Exchange Program which lasted for about 3 months.
𝗦𝗵𝗼𝗿𝘁-𝗧𝗲𝗿𝗺 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗣𝗿𝗼𝗴𝗿𝗮𝗺 (𝗦𝗧𝗘𝗣):
IIM Kashipur also offered its students the opportunity to visit some of these institutes as part of the Short-Term Exchange Program (STEP) which lasted for around 15 days in the academic year 2019-20. A total of 24 students took part in the STEP Program to visit ALBA Graduate Business School, Greece.
The program included 2 weeks of workshops, lectures, and immersion programs wherein the students get an opportunity to explore in and out of Europe giving them significant geographic and cultural exposure.
IIM Kashipur is a completely student-driven campus right from placements to day to day functioning of the campus. Being a part of the student bodies and event-specific teams, students mold themselves in various spheres of qualities which include time management, team building and management, situation handling, and maintaining cordial relations with the administration.
There are 𝟵 𝗖𝗼𝗺𝗺𝗶𝘁𝘁𝗲𝗲𝘀, responsible for the overall day-to-day functionality of the college concerning academics, alumni, corporates, cultural events, media, international Institutes relationship, and general well-being of students.
There are 𝟳 𝗔𝗰𝗮𝗱𝗲𝗺𝗶𝗰 𝗖𝗹𝘂𝗯𝘀, representing a specific domain and conducting activities for both internal and external audiences.
There are 𝟱 𝗖𝗲𝗹𝗹𝘀, which work in cooperation with external entities to help other student bodies, and vice versa.
There are 𝟰 𝗖𝗼𝗿𝗲 𝗧𝗲𝗮𝗺𝘀, comprising entirely of 2nd-year students, which are responsible for organizing flagship events for the institution like Agnitraya, Uttishtha and TEDx.
𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝗼𝗳 𝗜𝗜𝗠 𝗞𝗮𝘀𝗵𝗶𝗽𝘂𝗿:
This year IIM Kashipur conducted guest lectures in various domains like Finance, Marketing, Operations, and HR by inviting industry leaders from organizations like Bain Capital, Henkel Adhesives Technology, Myntra, Jabong, MRF, Karvy Group, Capgemini to name a few. The focus is also on providing live projects to the students of IIM Kashipur that gives them hands-on experience to get the required industry sensitization before actually going out in the corporate world. This year the college has floated numerous projects for students from leading companies like Swiggy, PUMA, Crisil, Dish TV, Ashok Leyland, Reliance Industries, Scale Labs, Faber Infinite to name a few.
Creating an engaged, supportive alumni network is crucial to an institution’s success. With mushrooming educational institutions around the world, one way for an institute to stand out from the domestic and international competition is by promoting its brand. And an institute’s alumni are its best bet. They act as flag bearers of the institute in the outside world and ensure the current batches are made aware of ongoing trends. IIM Kashipur believes in continuous engagement with its strong alumni network via biannual city meets, annual reunion at the institute, regular webinars, and guest lectures.
𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗳𝗮𝗰𝗶𝗹𝗶𝘁𝗶𝗲𝘀 𝗮𝘁 𝗜𝗜𝗠 𝗞𝗮𝘀𝗵𝗶𝗽𝘂𝗿:
The new campus of IIM Kashipur is spread over an area of 200 acres, visually very striking and functionally very effective. The campus is equipped with modern technologies in classrooms to provide the best management education.
Gymnasium, Library, Amphitheatre, and Mini-Amphitheatre are the other facilities present on campus to ensure the holistic development of students.
IIM Kashipur hosts a variety of events across the year to foster all-round development and extend the values of our institute. Coalescence is our annual corporate summit, Uttishtha is an annual entrepreneurial event, TEDx IIM Kashipur, Agnitraya, is our annual flagship cultural, sports and management festival, Convocation, and many others.
In short, ‘Life is amazing, here, at IIM Kashipur.’
Mr. Shikar Gautam, Alumnus of IIM Kashipur who has completed his PGP in the year 2017 is currently holding the position of Senior officer at GAIL (India) Limited. The Alumni Relations Committee of IIM Kashipur has served as a bridge to beget valuable insights about the Natural Gas Industry from our erudite alumnus. This article covers the holistic perspectives on various questions dealing with the Natural Gas Industry through the lens of GAIL (India) Limited.
Q. Why is there so much accentuation around a gas-based economy?
The government released Natural Gas Marketing Reforms in October 2020 to work in that direction, how will it boost natural gas marketing and increase domestic production, while ensuring a fair competitive market.
India comprises 17.7 % of the world population but only consumes about 5.8% of the total energy. As per the World Bank, the world average per capita energy consumption is 3 times over India’s energy consumption. Countries like the United States, China with 10X per capita energy consumption as compared to India are still adding energy capacities to their existing portfolio and are shifting towards cleaner energy alternatives.
India’s energy consumption has doubled since 2000 yet around 240 million people remain without electricity. To cater to and satisfy the energy requirements of the country, India’s power system needs to quadruple in size by 2040 and focus on the choice of fuel it uses. To fulfill the rising demand and restrict the use of polluting fuels like coal and oil, India needs to plan and strategize the right energy mix which can sustain the changing environment. In 2018, global wind power capacity grew 9.6% and solar power accounted for about 2% of global power requirements.
India’s endeavor towards a Gas Based Economy and natural gas has been identified as a sustainable option to create a balanced Indian energy basket. Hydro and nuclear plants are usually operated at 100 % capacity therefore it is not feasible and recommended to operate them under capacity or to shut them on/off frequently. Due to the unrivaled capacity of gas-fired power plants to ramp up and down quickly, gas-fired power generators are much more adept at adjusting output based on residual demand resulting from wind and solar power than other hydrocarbons such as coal. Accordingly, natural gas electricity generation is increasingly employed to support wind power as the latter continues to grow. As the market share of wind power increases, the amount of fuel needed to provide backup to wind will also increase. This means that natural gas power, wind, and solar power are likely to be tightly linked in the short-to-medium term.
By 2040, Electric Vehicles which are thought to be competing against Natural Gas Vehicles would comprise 55% of new car sales and 33% of the global car fleet. Electrified buses and cars would displace a combined 7.3 million barrels per day of transportation by 2040. In order to shift to a cleaner energy system and cater to such a volume of electricity requirement, it can be deduced that the EV charging stations would require electricity from cleaner sources keeping in mind the emissions from the use of coal in electricity generation. With the natural gas infrastructure in place, the future electricity requirements can be fulfilled by Natural Gas through large power plants as well as small captive plants at commercial parks/ residential complexes where natural gas can be directly used at the point of electricity consumption. A pilot plant of 10 MW capacity is already operational and supplies electricity to DLF’s Cyber City, a major commercial centre housing multinational corporations and leading business house.
Natural Gas Marketing Reforms in October 2020:
Government now also allows pricing freedom for new and upcoming fields to domestic producers as the existing domestic pricing formula is making natural gas production economically unviable. The system was based on the crude price indices of the US, Europe, Canada, and Russia. This system was becoming irrelevant day by day and needed to be scrapped.
The objective of the policy is to prescribe the standard procedure to discover the market price of gas to be sold in the market by gas producers, through a transparent and competitive process, permit Affiliates to participate in the bidding process for the sale of gas, and allow marketing freedom to certain Field Development Plans (FDPs) where Production Sharing Contracts already provide pricing freedom.
Oil Secretary recently revealed that govt. is planning some more reforms in the upstream sector to make it attractive for investors
Q. Can you please shed some light on the recent GAIL project of the Kochi-Mangalorewhich was virtually inaugurated by PM Narendra Modi?
The 444-km long natural gas pipeline was launched in 2009 at an estimated cost of Rs 2,915 crore and was to be commissioned in 2014. But opposition on safety and commercial grounds wherein the land price was the main hurdle, both from political parties and the public, ensuring that the project lingered on. This led to the project cost nearly doubling to over Rs 5,750 crore.
Situations like these are common in projects which involve dependency on external agencies for their completion.
Some common problems include:
Difficulty in route planning because of the growing population
Farmers demanding higher land compensation, route diversion, etc.
Records of ownership and land possession certificates are not easily available
Inadequate Mobilization of construction equipment, Specialized equipment
Like in this case: Resistances of farmers, Farmer bodies – instances of associations, PIL, litigations, etc.
GAIL was ready to complete the project this August, but a 540-meter stretch across the Chandragiri River became a nightmare. The project crosses as many as 96 waterbodies south of the Chandragiri River. So as a way out, GAIL reduced the diameter of the pipe to a fourth — from 24 inches to just 6 inches now. But this is only a temporary arrangement and the work to lay the 24-inch pipe will resume soon
Today the pipeline supplies 3.8 million cubic metres of gas every day to industrial and residential customers in Kochi and is set to cross 4 million cubic metres soon in the city itself, while Mangalore has a potential of 2.5 million cubic metres per day
With the commissioning of the pipeline, gas demand in the state will touch 80-90 million cubic metres per annum from 60 million cubic metres now.
The pipeline is also a big boost to the struggling Kochi LNT Terminal of Petronet which has a capacity of 5 million tonne annually but 90 percent of capacity has been idling due to the delay in completing the Kochi-Mangalore pipeline and with the commissioning the capacity utilization of the LNG terminal will go up to 25-30 percent.
Apart from huge environmental gains, the state can also gain monetarily as it can get up to Rs 1,000 crore by way of taxes alone. Supplying to the Kochi region alone helps the state earn over Rs 340 crore annually in tax revenue.
Q. GAIL won the Leader Award at Frost & Sullivan and TERI’s Sustainability 4.0 Awards 2020. Where does sustainability stand for GAIL, especially in an industry where resources can be easily exploited.
Talking about sustainability from GAIL’s point of view. GAIL has engraved the word “Environmental Responsibility” in the company’s vision statement.
GAIL has a dedicated Sustainability department working towards a Sustainable Future.
The company has been disclosing environmental, economic, and social performance since 2011 through annual sustainability reports. Through sustainability reporting, the company analyses its strategy, set goals and targets, measure and advance performance, and ultimately develop a sustainable business model that adds value to the society
Along with Frost & Sullivan and TERI’s Sustainability 4.0 Award, GAIL also received FTSE4. Good Index series certificate in June 2020.FTSE4Good is a global sustainable investment index series, designed to identify companies that demonstrate strong Environmental, Social, and Governance (ESG) practices measured against international standards.
Apart from this, some Initiatives of GAIL towards sustainability:
Hawa Badlo (Change the Air) is a one-of-a-kind initiative by GAIL. It is a campaign to drive behavioral changes in making our cities air pollution-free. The campaign has digitally touched more than 100 million lives, enabling people to make a direct link between their energy consumption patterns and the impact on their health and the environment. The goal is to motivate people to voluntarily switch to more economic and environmentally friendly ‘natural gas’.
SATAT’ (Sustainable Alternative Towards Affordable Transportation) is a scheme launched by the Ministry of Petroleum and Natural Gas to promote Compressed BioGas(CBG) as an alternative, green transport fuel and is being implemented by GAIL
THE estimated CBG Potential from waste/biomass in India is 62 MMTPA. Under SATAT, it is planned to target 25% of this potential ~ 15 MMTPA by 2024 through 5000 CBG plants (~ 8 TPD ~ 10000 SCMD). CBG shall be produced by Entrepreneurs and OMCs, GAIL along with it’s Associates and Joint Ventures will provide marketing tie-up to CBG Entrepreneurs
Other environmentally conscious decisions include –
Having more than 40% of GAIL landholdings covered by green belts and water bodies across all the locations
GAIL has carried out multiple studies to assess the potential for the installation of solar power plants at its sites pan India. Implementation of solar power is in progress at shortlisted sites.
GAIL has also embarked upon the journey of adoption of the GreenCo Rating. This rating helps in making products, services, and operations greener.
GAIL revised its Sustainability Policy considering the new national and international developments such as UN Sustainable Development Goals, India’s Nationally Determined Commitments among others.
When we talk about renewable energy GAIL has a portfolio of-
130 MW – Renewable energy portfolio (118 MW– Wind and 12.26 MW – Solar)
120 Sustainability projects – Investment of INR 80 crore
Renewable energy generation– 1,76,200 MWh (Moving towards renewable energy)