Digital India.

Digital-India-Vision

India has witnessed green revolution, white revolution, IT revolution and now heading towards the digital revolution in order to achieve the slogan of the Hon’ble Prime Minister Shri Narendra Modi “Minimum Government and Maximum Governance”. The idea behind this is to achieve inclusive growth with sustainable development envisaged in the earlier five year plan. This Government has abandoned the planning commission and initiated National Institute of Transforming India (NITI aayoag). To achieve this vision in time bound manner, a project DIGITAL INDIA has been initiated by the GoI, which enables to govern India effectively and electronically.

Digital India (DI) is an initiative of Government of India to integrate the government departments and the people of India. It aims to provide access to the government’s services in effective, affordable and transparent manner to every citizen. The initiative also includes plan to connect rural areas with high-speed internet networks. Digital India has three core components. These include:-

  • The creation of digital infrastructure
  • Delivering services digitally
  • Digital literacy.

The project is slated for completion by 2019. A two-way platform will be created where both the service providers and the consumers stand to benefit. The scheme will be monitored and controlled by the Digital India Advisory group which will be chaired by the Ministry of Communications & IT. It will be an inter-ministerial initiative where all ministries and departments shall offer their services to the public like Healthcare, Education, Judicial services etc. The Public-Private partnership model shall be adopted selectively. In addition, there are plans to restructure the National Informatics Center. This project is one among the top priority projects of the Modi Administration.

The initiative is commendable and deserves full support of all stakeholders. However, the initiative also suffers from lack of legal framework, absence of privacy and data protection laws, civil liberties abuse possibilities, lack of parliamentary oversight for e-surveillance in India, lack of intelligence related reforms in India, insecure Indian cyberspace, etc. However, Digital India project is worth exploring and implementation despite its shortcomings that can be rectified before its implementation.

Top CEOs from India and abroad have already committed to invest Rs. 4.5 lakh crore towards this initiative. This investment would be utilized towards making smart phones and internet devices at an affordable price in India which would help generate jobs in India as well as reduce the cost of importing them from abroad.  Digital India Program includes the following components: Broadband Highways, Universal Access to Phones, Public Internet Access Program, e-governance – Reforming government through Technology, e-Kranti – Electronic delivery of services,  Information for All, Electronics Manufacturing – Target NET ZERO Imports, IT for Jobs, Early Harvest Program.

The Government of India entity Bharat Broadband Network Limited which executes the National Optical Fiber Network project will be the custodian of Digital India project. BBNL had asked United Telecoms Limited to connect 250,000 villages through GPON to ensure FTTH based broadband. This will provide the first basic setup to achieve towards DI and is expected to be completed by 2017. DI will be one of the key initiatives to achieve ‘Make in India’ and robust Human Index criteria of the UNDP.

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Contributed by: Prof. Hemant Purohit 

BIG DATA DEMYSTIFIED.

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Did you know that every minute over $300,000 is spent on online shopping, over 7000 photos are updated online and over 600 videos are updated on YouTube every day? The amount of data in our world is exploding and this is what we call as BIG DATA.

Big data is a buzzword, used to describe a massive volume of both structured and unstructured data. It is so large that it is difficult to process it using traditional database and software techniques. Mobile is everywhere – more people have a cell phone than running water and 25% of the world will be on a social network – that’s what created all of this big data. We go for shopping in a store, we purchase, do the billing and this also becomes a part of Big Data.

Datasets grow in size because they are increasingly being gathered by cheap and numerous information-sensing mobile devices, aerial (remote sensing), software logs, cameras, microphones, radio-frequency identification (RFID) readers, and wireless sensor networks. To extract meaningful value from big data, you need optimal processing power, analytics capabilities and skills.

What is the Impact of Big Data and how has it transformed businesses to be future ready?

Every day social media is abuzz with communication around brands. Thousands and thousands of likes are recorded, comments posted, tweets and retweets sent out, images clicked and shared on Instagram, posts curated and pinned on Pinterest, video shared, viewed, liked, and left midway, to name a few things that social media adds to the variety of big data. Big Data also lets ecommerce businesses create more personalized offers and communications. Big Data enables merchants to track each user’s behaviour and connect the dots to determine the most effective ways to convert one-time customers into repeat buyers.

Thus, insights from big data can enable all employers to make better decisions – deepening customer engagement, optimizing operations, preventing threats and fraud, and capitalizing on new sources of revenue. Big data analytics provides a deeper customer understanding which translates to a sustainable competitive advantage for the future. Big Data skills include natural language processing and text mining, and familiarity with Clojure, Scala, Python, Hadoop and Java; also useful are data mining skills with tools like R and Mathlab; finally, look for scripting and functional language skills with Erlang and new database development skills with such rarities as Cassandra and Couch DB.

To conclude, big data is simply large amount of data, which is getting generated at a fast pace in variety of situations. It is getting trendy due to rapid technology changes. The scope of being a Big Data analyst is high and currently, out of the employees required for Big Data analysis, only 1/3 are hired and working.

big dataContributed by : Anukriti Jain (Student of 2016 at IBS Gurgaon).

How to build a strong Resume.

3aae6daOne of the most important document of any person in academic sphere is his resume. It is a one pager document which can be a deal breaker. It talks about the person credentials and is a document on which basis the interviewer able to understand the persons profile, his academic qualification, his interest areas, his geographical background and his overall personality. It is the first document which being scanned by the interviewer .As at the first round level the number of aspirants are in large quantity so the resume need to be prepared very meticulously. The resume is a tool with one specific purpose: to win an interview. If it does what the fantasy resume did, it works. If it doesn’t, it isn’t an effective resume.
A great resume doesn’t just tell them what you have done but makes the same assertion that all good ads do: If you buy this product, you will get these specific, direct benefits. It presents you in the best light. It convinces the employer that you have what it takes to be successful in this new position or career.
I am sharing few tips for preparing a potential resumes

 Your carrier objective

Try to present this paragraph in the best possible manner, this paragraph should be such that it able to project a positive and assertive personality. It should reflect your loyalty and long term association, it should be written in a crisp and effective manner, try to keep this paragraph simple and effective. You should try to write on both sides of the table like how you shall be contributing to the organisation and how you will be benefitted from the organisation. Do not use fancy language and hyperbolic words.

Qualitative factors
Any interviewer while selecting a candidate takes deep note of the Qualitative factors beside the academic degree and qualification. You should write in your resume about your aptitude and attitude like team player, problem solver, and leadership quality.Try to showcase all such events where you have represented something like a class prefect. Sports team captain etc. Try to project that you believing in doing things and have a go- getter attitude and have an assertive personality.

Professional Qualification

Present in this the degree or degrees you hold present it in a chronological order starting from recent to past. If you hold multiple degrees try to give focus on the degree which is better describing your role or which is more relevant to the employer.

Academic Qualification

You should present the academic qualification in chronological order starting from recent to past. You should add your specialisation area and put more focus on this area. If you have not score high in your academics then do not show your percentage.

Training
Do mention in your resume the specialised internship or training you have undergone. Try to built a story like what contribution you have made to the organisation while you have undergone your training program .Showcase your project report which you have prepared during training and mention the hard work involved in preparing this project report from scratch and how your project report was unique and useful to the organisation. If you have received any praise from the organisation for your report do mention it in a line or two.
Past experience
Show your past experience in the corporate world if you have any, mention the streams in which you have worked, what unique project or work you have undertaken and how you contributed to the organisation.
Show your Humanistic Face

If you being associated with any NGO or social cause highlight it in your resume or else if you have convince your Board of Directors of your current organisation to get associated with any social cause do mention it.

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Be honest:

Although a CV does allow you to omit details which you would prefer the employer not to know about, you should never give inaccurate or misleading information.CVs are not legal documents and you can’t be held liable for anything within, but if a recruiter picks up a suggestion of falsehoods you will be rapidly rejected. An application form which you have signed to confirm that the contents are true is however a legal document and forms part of your contract of employment if you are recruited.

Be concise: 

A CV is an appetiser and should not give the reader indigestion. Don’t feel that you have to list every exam you have ever taken, or every activity you have ever been involved in – consider which are the most relevant and/or impressive. The best CVs tend to be fairly economical with words, selecting the most important information and leaving a little something for the interview: they are an appetiser rather than the main course. Good business communications tend to be short and to the point, focusing on key facts and your CV should to some extent emulate this. The longer and denser your CV is, the harder it is for an employer to comprehend your achievements.

Layout

The resume layout should be simple and impressive. You should not decorate it and try to give a formal look.

Paper

If you are providing a hard copy use A4 size bond papers which need to be bright white not a dull one, if you have a two page resume then stipple on the top left corner. However if you are sending a soft copy always sent a PDF copy rather than a word copy.
Initials
Always put your initials while submitting a resume and also place a date and place.
Address
Always mention your current residential addresses and if you are out station candidate and you are applying for a job in another town or city, it’s better to write open for relocation.
Spelling and Grammar check

Before finalizing the resume put a spelling check and grammar check in the Microsoft word which will help you to make your document flawless.
Photograph
If you are a handsome looking guy or pretty looking girl affix your photograph, this at times play a positive role in your selection process.
Passport
If you have a passport do mention your passport no.

References
Many employers don’t check references at the application stage so unless the vacancy specifically requests referees it’s fine to omit this section completely if you are running short of space or to say “References are available on request.”

Normally two referees are sufficient: one academic (perhaps your tutor or a project supervisor) and one from an employer (perhaps your last part-time or summer job).

Contributed by : Maneesh Srivastava ( Class of 2008, IBS GURGAON )

How to better utilize two years of MBA.

Whenever I remember good old days of college, moments of fun with friends & craziness flash in my mind and bring a broad smile on my face. Whenever I talk about my college days, I always say that, ”two years that I had spent in IBS, Gurgaon were the best years of my life!”

Undoubtedly building wonderful memories and having fun is an integral part of college life and perhaps the most important but there is more to it. Now reading this you would say, oh no don’t want another session of ‘Gyan’ we already get that a lot. But having spent 6 years in corporate world and working with some big companies of world, I would like to share with you my opinion on what you should certainly do in two years of MBA. Something which would help you in making a strong foundation of your career.

wellbegunishalfdone

You must have heard the saying, “Well begun is half done” that certainly holds true. If you lay the correct career base while studying in MBA and give yourself correct professional direction, you are half way through.

Talking about how to begin, then the first and perhaps most difficult step is to know, doing what work you actually enjoy and work doesn’t seem work. It can be anything, cooking, driving; reading books, painting, programming, travelling and the list is endless. People who don’t treat their work as work and while they are in office it feels like they are enjoying and have fun are the people who have made correct career choice.

When you discover this and decide to make your career in it, let me assure you that no one can stop you from achieving all your career goals and aspirations.

Now the big point is how will you do it, then I would say it should ideally start from your last few years of school life, however in case you haven’t it’s not at all late even if you work on it while in college.

While in MBA you are studying different subjects, keep a note on which subject’s lectures you enjoy the most or working on its presentations and assignments you don’t get bored, infact enjoy doing it! Which subject actually makes sense to you, whether it’s financial management, customer behavior, services management, Human resources, Operations management or something else. It’s you and only you who knows it and needs to decide about what you love reading and would like to know even moreabout it. If you like reading Bollywood Gossip, you know what you can make a career in it and trust me the money would also be good.

Don’t take decisions which are influenced by a friend’s choice of career or a relative’s suggestions. Don’t try to make a career in a field about which you have heard money is good or there are several jobs being offered. If you do some work just for the love of it, you would certainly make good money and would also get rich experience above all.

Having said this, say you have found out what you thoroughly enjoy doing and believe that pursuing a career in it would be a wise choice, bang on! You have taken a big leap in your professional life.

You achieved first thing you should certainly do while you are in MBA College. Now the second step is be informed about the career you have chosen, read as much as you can about it. You have internet, you have college’s library collection, utilize them. Read case studies of your field. Know about the companies in the field you have chosen, in case you would like to go for a job in future. Know as much as you can about the job openings there. Know about the cultures of these companies, career growth, senior management, past journey and future growth.

Known personalities like Indira Nooyi, CEO Pepsi-Co and Sheryl Sandberg, COO Facebookare few of very successful people who hold MBA degree and have made a remarkable career working with some of the biggest companies of the world. They in spite of being married women with kids are successfully running large organizations which showcase their passion, focus and dedication.

In case you don’t want to go for a job and would like to start your own venture then read about entrepreneurs in your field. Read about their success stories, their struggle and how they managed to be what they are today. Huge companies like Google & Apple started from garages of house and now the world knows what they are.

One book would like to recommend you on success stories of Indian entrepreneurs is ‘Connect the Dots’ by Rashmi Bansal.It’s an awesome book and tells you how some of impressive Indian Companies were built.

However while you are focused on what your career choice is also be informed about other subjects a well, never keep them in backburner. Once you enter corporate world you would notice, you need to be master of one but also jack of many. Say if you are in marketing role, you need to have a sense of all fields like operations, finance, HR. If you do not have it then you would not have a three sixty degree vision and would not be able to drive the work in best way. Here however I would like to emphasize that overall brief idea is what is required you need not spend hours reading about these but yes what you can do is be attentive in lectures and listen to what your lecturer is telling you, also at least go through the curriculum books with all dedication.

Having said this, spending lots and lots of time in a field(professional) is also very important. In a bestseller book ‘Outliers’ by the very famous and renowned author Malcolm Gladwell it is mentioned that in order to be expert in any field you need to spend atleast 10,000 hours working on it. It holds true in case of every person without exception.

Even people like Bill Gates, Mark Zuckerberg who had built huge companies in a very early stage of their life managed to do it because they started working on it when they were very young.

Here I would like to refer my first point, that they probably explored their passion at a very early stage and by the time they started their career they were already an expert in the field because they had spent hours reading working in which they want to make their career and the rest as we all know is history.

Contributed by  Arpita Seth (Class of 2010,IBS Gurgaon)