Technology and Sustainable growth By Dr Devidas Golhar

Technology and Sustainable growth   by Devidas Golhar

 

Ongoing changes in economic structure are important to sustain growth. At lower per capita GDPs, the diversification of economic structures reduces volatility and makes positive growth episodes last longer. As economies develop, services become much more important, but even at higher per capita incomes, manufacturing interacts with services to maintain growth’s momentum. What is clear in all this is that the structure of the economy matters for the ability to sustain growth. Technological change drives structural transformation by generating a continuous flow of new products and productive activities, as a result of which new sectors emerge and old ones shrink that have become technologically obsolete. Technological changes in production processes result in rapid productivity increases, which—in interaction with changes in demand— result in dramatic transformations in the structure of production. The productivity gains driven by technology reduce employment in some sectors and liberate resources that can be employed elsewhere in the economy. The classic example is agriculture, of which the employment share has been declining across the globe.

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Monthly Newsletter: MBA Volume: X

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SIOM celebrated 9 days of Navratri by organizing ‘Stree Shakti’ guest lecture series of unique ladies from different fields.

The program was inaugurated at the hands of Ms. Shweta Shalini, Entrepreneur and BJP spokesperson on Monday, 3 Oct. 2016.

She spoke about the experience of being the first woman employee of a manufacturing company – Atlas Copco and her journey of becoming an entrepreneur, and now, politics. On Tuesday , 4 Oct. Ms. Leena Bokil shared her experiences in the field of space science.

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· Ms. Shraddha Patil, a SIOM alumni spoke about her entrepreneurial endeavour – Mentorpreneur. She also established one to one dialogue with those SIOM students who want to start their own firms after completing MBA.

· Ms. Medha Tadpatrikar, social worker & entrepreneur, enlightened the students about the multiple dimensions of ‘corporate’ culture and guided them on preparation for entering the corporate world. She spoke about a number of short comings observed in management graduates of today and asked the students to consciously avoid the same.

· Ms. Gitanjali Ghate& Ms. Jasmeet Srivastava- co founders & managing partners of the THIRD EYE spoke about their experience in the field of advertising and branding. They illustrated how the field of advertising is evolving with the change in Indian ethos.

· Mrs Shivani Kaul  (Product manager India – John Deere India Ltd) was at SIOM as a guest speaker during the Navratri week when SIOM observed “Stri Shakti” as a festival of celebrating the achievements of women fraternity in business and entrepreneurship.

· Each session in the Stree Shakti program was managed by different student clusters. The students were highly inspired by interacting with these superwomen.

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SSC- Marketing Club Brand Crossword Competition

“Brand Crosswords” was conducted as a SSC marketing club activity at SIOM on 17th Oct 2016.

The competition was conducted under the guidance of Prof. Harsha Gandhi and Prof. Aditi Gosain.

The competition began with about 60 participants, who enthusiastically participated in the crossword puzzle solving activity. The participants were given a crossword puzzle with 29 business and brand related clues and they had to write 29 correct brand names in the space provided in the crossword within 45 minutes of time. The Winners at this event being:

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1) Darshan Salvi – SIOM (winner)

2) Madhuri Ivalekar – SIOM (1st Runner Up)

3) Harshit Chaturvedi – SIOM (2nd Runner Up)

 

EADR Alumni Challenge

SSC- Marketing Club Brand Crossword Competition

Economic Analysis Desk Research Challenge (final round) was held on 18th October, 2016 at Sinhgad Institute of Management (SIOM).This is an inter institute competition held every year. The competitors did a spectacular job and every group’s presentation was perspicacious. The competitors were judged by Mr. Sangram Kadam and Mr. Nihar Laddha both of whom were former SIOM students. SIOM Director, Dr. Parag Kalkar addressed the students by giving a motivational speech. The results were announced immediately after competition. The first position was bagged by SIOM while SIBAR team was runner up. The teams were then felicitated with medals and certificates. Every team was grateful towards college, judges and management team of SIOM. They extended vote of thanks to judges, teachers and other faculty members. It was a great experience for everyone present there.


E-CELL Activity “B-IDEATE Competition”


We believe entrepreneurs are the key drivers of tomorrow’s innovations and integral to creating a thriving economy. The E-cell has been formulated with an aim to help budding entrepreneurs to sow their ideas and grow great businesses. One of the endeavours of the E-cell encompasses an event called B-Ideate: a new business idea competition.

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This competition provided a platform to budding idea generators to express their business ideas and translate those into business prepositions. The event saw overwhelming response in not just registrations but also participation with fervor and enthusiasm.

Social Cell

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Inauguration of Shrujan – A SIOM Initiative (Start-up Cell):

“SHRUJAN- a SIOM initiative” startup cell which will make an attempt at inclining students toward being self-sufficient by harnessing and creating budding entrepreneur thoughts through various activities, was inaugurated.

The Alumni Mentors who constituted the panel were Mr. Sangram Kadam, Rajeev Manjrekar, Shraddha Patil, Mr. Tarak Rindani, Satish Kataria, Deepti Chandrachud, Mr. Nihar Laddha, Mr. Sohan Kabade. Mr. Sangram Kadam took charge of the panel and panel members started their discussion on entrepreneurship, innovation and start-ups.

They motivated students by saying “people who don’t have goals works for the people who have them” so be ambitions to solve problem , be self owned, think out of box ,break fear, have trust and patience on the journey.

 

 

“Contemporary Issues of Corporate Finance”.

Sinhgad Institute of Management “SIOM” is organizing a State level Seminar under QIP of SPPU for two days on 19TH & 20TH January 2017 on “Contemporary Issues of Corporate Finance”.
We invite you to be a part of this Seminar and grace the occasion with your presence.

There is no registration charges, please contact Dr. R. K. Singhal on rkpushpjee@sinhgad.edu