IIMA Confluence 2008 Dedicates its Final Day to Look 'Beyond the Frontiers'

IIMA Confluence 2008 Dedicates its Final Day to Look 'Beyond the Frontiers'

The participants looked at a number of aspects including the dilemma of organic vs. inorganic growth, the problems faced in acquiring and retaining top talent, the promising sectors in the current scenario and the long term strategic focus of the organization. After a close

contest, the first prize of Rs. 50,000 went to Terza Rima (FMS-Delhi), represented by Shivani Poddar, Gaurav Malhotra and Nikhil Jain while the second prize of Rs. 25,000 was bagged by Team Aspire from NMIMS-Mumbai, who were represented by Sounak Nandi, Jubin Pandey and Suvo Ghosh. "...It was a very challenging case and a great learning experience," said the delighted team from FMS-Delhi after their victory.

'Vault Operandi' was an SBI sponsored two round event which tested teams on their knowledge about the current banking sector regulations and the challenges that banks are facing to adapt to the change. The first round was a qualification quiz with tested the knowledge of the participants about the current practices and norms in the banking sector. 98 teams participated in this round and 6 teams were short-listed (4 IIM-A, 1 IIM-K and 1 NMIMS-Mumbai) for the second round which was a case study based competition. The 6 qualifying teams were given a case study about a bank and they had to present the challenges the bank may face in trying to comply with the BASEL II norms. Participants were asked to identify the problems and suggest solutions. The team from IIM-A comprising Amit Mittal, Chinmay Joshi and Karthik Reddy won the first prize money worth Rs. 50,000 and the team from NMIMS-Mumbai comprising Abhishek A. D., Rohit Muhtoo and Vaibhav Kapoor won the second prize worth Rs. 30,000.

On the final day, in the final round of ‘The Soothsayer' - a Simulation Modeling Contest - five short-listed teams from IIM Ahmedabad, IIM Bangalore, SP Jain, Mumbai and IMI, New Delhi competed to develop a model for the resolution of the economic crisis in the fictional nation of Xanadu. The teams looked into the indicators of the crisis and evaluated different strategies in terms of their short term and long term effect on the economy. The event was judged by Prof. Joshy Jacob from IIM Ahmedabad. The winning team from IIM-A comprised of Anirudh M. Reddy, Amit Gupta, Manas Vijh, Meghna Jain, Tejasvi Nori and Vaibhav Shintre. The winners received a cash prize of Rs. 50,000.

Nestle conducted 'Munching Forward', a strategy planning contest for its brand ‘Munch’. The winning team consisted of Sandeep Gupta, Saurabh Sharma, Saifee Ahmed, Rohit Karan and K. V. Krishna from IIM-A. A workshop on ‘Managing Global Brands in a Local Context’ by Stewart Dryburgh, General Manager, Nestle India, followed the contest.

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* Contributed by -
Ravi Shankar,
IIMA Confluence 2008,
Indian Institute of Management, Ahmedabad.

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