SIOM Newsletter – July 2017

SIOM-Newsletter-July 2017

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From the director’s Desk………

From the director’s desk,

Greetings, students! I welcome you all on behalf of SIOM, and hope with all my heart that you are having an amazing start of the academic year. MBA is a tough job. Or so they say. It depends quite on your perspective, actually. However, today, I am not going to bore you all with something you already know.
It gives me immense pleasure to tell you something quite interesting today. It all started with a name- Wing Commander CDR Rakesh Sharma. Rings quite a bell, doesn’t it? Well, we did get to meet him personally, up close! Unbelievably true!

The first Indian to venture into space and conduct experiments for 7 days, 21 hours and 41 minutes. Perseverance is the only word I can think of right now, when I think about this herculean feat.
There was excitement in the air, so much you could’ve literally smelt it!
He had simplicity written all over himself. I was truly humbled by his presence, when he went up to the stage and started recounting all his experiences. It was as if, he had lived all them just yesterday.
And the way, in which everybody was listening, you could’ve heard a pin drop in the conference hall, which is normally bustling with activity.

All of his problem tackling techniques in space, and in life too, in addition to the spine chilling experiences of the Indo Pak war of 1970 was truly fantasising to hear. I felt as if I am magically teleported to the Airfield where all the action takes place. He related his experiences to the current world scenario, which was an anecdote for us as well as the students.
It was an amazing experience, to be honest. On that note, I bid adieu to all of you, and once again wish you an insightful academic year ahead!

 

Dr. Parag Kalkar,
Director,
Sinhgad Institute Of Management.

BLOOD DONATION CAMP REPORT 2017

Venue: SIOM G-10

Blood donation camp was organised by Sinhgad Institue of Management under the supervision of Shri Kashibai Navale hospital on 3rd of March, 2016.The camp was inaugurated by Dr.Parag kalkar director SIOM. As a humanitarian cause, SIOM organizes such camps quarterly to promote the same. It was scheduled from 10:00am to 5:00pm.Students enthusiastically participated in the camp both from SIOM and outside SIOM .Faculty coordinator involved in the event were Prof.Umesh Gramopadhye supported by the MBA 1st year students.

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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.