Indian Management Simulation Challenge

What is Indian Management Simulation Challenge?

Indian Management Simulation Challenge is a National Championship where participants are exposed to the challenges of Managing Business Enterprise in a competitive environment. The competition will enable participants to experience the thrill of business intricacies and learn how to react to them. Time is compressed so that years of simulated time can be condensed into days or even hours. The competition will allow other competitors to outperform each other & challenge the power of cross functional operations, team working, business acumen & decision making. The IMC allow the participants to learn how to cope up with complex challenges with building capability of managing competition in ever changing business scenario.

Objectives of the Simulation Challenge

Change

• Understand the change process and identify their place in it
• Understand the basic levers of change and how to use them on the job.

Organizational Effectiveness

• Understand the keys to organizational success, as determined by research into successful companies.
• Understand how to diagnose an organization’s effectiveness, and apply that knowledge in real life challenges

Profitability

• Understand what factors impact profitability in a firm, and diagnose the profitability problems
• Understand the difference between leading and lagging indicators so they can effectively measure progress toward successful implementation of strategy.

Teams

• Understand what makes an effective team and how to measure team effectiveness.
• Develop better understanding of team effectiveness by monitoring and discussing their own effectiveness as a team.

Strategy

• Understand the basic concepts of leading strategic thinkers and how to apply them to business units or enterprise.
• Learn what alignment with strategy really means by planning the implementation of their strategy.

Key Takeaways and Learning's

• Appreciate strategic issues and better understand organizational dynamics.
• Align with their own organization’s strategy and change initiatives.
• Comprehend your organization’s strategy and implementation challenges.
• See the big picture and better understand their role in it.

Eligibility

• A team comprise of 3-4 members
• Participants from PSU's and Private Sector
• Academicians & Entrepreneurs are also welcome.
• No cross-corporate teams are allowed.
• Also, Organisation can nominate multiple Teams.

INDIAN MANAGEMENT SIMULATION CHELLENGE (IMC) 2014

With an amazing response of more than 40 teams (3-4 participants per team) from PAN India National HRD Network (NHRDN) is pleased to share the success of NHRDN 1st Indian Management Simulation Challenge 2014.

The winners of 1st Indian Management Simulation Challenge 2014:

• Champions: IOCL – Delhi
• 1st Runners-Up: HPCL – Mumbai
• 2nd Runners-UP: Mahindra & Mahindra Ltd.

The Simulation challenge was extremely interesting and evoked a lot of response and interaction from the participants. The Competition by all counts was a grand success we owe it to each Participant and the following Organizations:

ACC Limited Aviva Life Insurance Company India Ltd Bharat Petroleum Corporation Limited Birlasoft Engineers India Limited Essar Oil Limited Fiat India Automobiles Limited GAIL India Limited HCL Technologies Ltd. Hindustan Petroleum Corporation Limited ICICI Bank Ltd IFFCO Indira Group of Institutes Indian Oil Corporation Limited ITM Jindal Steel & Power Limited Mahindra & Mahindra Ltd MMTC Orient Electric POWERGRID S.H.Kelkar & Co. Pvt. Ltd Steel Authority of India Limited Wipro Ltd

At the same time, NHRDN would like to thank our sponsors for their active and valuable support in 1st Indian Management Simulation Challenge 2014.

Logos of the following Sponsors:

Chapter

Agra

Agra, is a city on the banks of the river Yamuna in the northern state of Uttar Pradesh
Ahmedabad

The city is the judicial capital of Gujarat as High Court is located here.
Bangalore

Located on the Deccan Plateau in the south-eastern part of Karnataka
Baroda

Vadodara, known as Baroda, is the 3rd largest city in Gujarat, after Ahmedabad & Surat.
Bhubaneswar

It is the largest city in Odisha, and a centre of economic importance in Eastern India
Chandigarh

Chandigarh is a union territory in India . Chandigarh translates as "The Fort of Chandi".
Chennai

On the Coromandel Coast off the Bay of Bengal, it is a major economic center in South India
Cochin

Cochin, is a major port city on the west coast by Arabian Sea & is part of Ernakulam of Kerala.
Coimbatore

Coimbatore, 2nd largest Metropolitan city&urban agglomeration after Chennai in Tamil Nadu.
Daman

Daman can boast of a rich and multi - faced cultural heritage. Dance and Music are very much part of the daily life.
Delhi & NCR

Delhi which is in the National Capital Region includes the Indian capital New Delhi
Hosur

Hosur is known for its expanding manufacturing industries and its pleasant climate.
Hyderabad

Hyderabad is the capital and largest city of the southern Indian state of Andhra Pradesh
Indore

Indore, largest city of MP, serves headquarters of Indore District & Indore Division.
Jaipur

It was founded in 1727 by Maharaja Sawai Jai Singh II, after whom the city has been named
Jammu

Jammu city, officially called Jammu-Tawi, and the winter capital of Jammu and Kashmir.
Kolkata

Located on the east bank of the Hooghly river, is the principal educational center of East India
Lucknow

Popularly known as the The City of Nawabs, is located historically, known as the Awadh region
Mumbai

It is the most populous city in India, and the fourth most populous city in the world
Nagpur

Winter capital of the state of Maharashtra, is a fast-growing metropolis city in Maharashtra
Patna

Patna, situated on southern bank of Ganges, straddles rivers Sone, Gandak and Punpun.
Pune

Pune is the cultural capital of Maharashtra and is known for its high educational facilities
Raipur

Raipur is the capital of Chhattisgarh, is administrative headquarters of Raipur District.
Ranchi

Ranchi is the capital of and the second-most populous city in the Indian state of Jharkhand
Surat

Surat, previously known as Suryapur, is a well-developed metropolis of Gujarat.
Tiruchirapalli

Also known as Trichy, Tiruchirapalli is an important educational hub of Tamil Nadu
Vijaywada

Vijayawada is surrounded by the Krishna river on the east and west.
Visakhapatnam

Popularly known as Vizag, is a port city & has the only natural harbour on the east coast of India
Warangal

Warangal, a Greater Municipal corporation in Warangal district in state Andhra Pradesh.

Communities

Organizational effectiveness

The Case for a OE group in organizations & a OE body of Knowledge in HRD By R. Anand, Convener, OE Core Group, NHRDN; Amit Malik, Co-Convener; Dhananjay Singh, Executive Director, NHRDN;

Organizational effectiveness

The Case for a OE group in organizations & a OE body of Knowledge in HRD By R. Anand, Convener, OE Core Group, NHRDN; Amit Malik, Co-Convener; Dhananjay Singh, Executive Director, NHRDN;

Performance Management

The distance organizations need to travel from ‘Good’ to ‘Great’ depends a lot on their ability to deliver sustained business performance that creates a win-win for all key stakeholders. A key enabler to this is a robust Performance Management system that motivates employees to take stretch goals and reward them for the meaningful contributions.

HR Planning & Staffing

Planning for talent – quality and quantity – and then attracting them is one of the constant challenges HR professionals face in today’s War for Talent. Does your organization have a formal manpower planning process? What are the recruitment channels you use most frequently? What recruitment metrics are used by organizations?

Training & Development

Talent Management

International HRM

ER & Labor Laws

Compensation & Benefits

Building HR Strategy

Managing Culture, Design & Change