PRESENTATION

FOR
VIVA
Nirmiti Hodge

JA21G2/2837
UNDETAKNG BY STUDENTS

• I Ms Nirmiti Hindurao Hodge, having admission no JA21G2/2837,declare that project work done
for Project We Like is my own work conducted as part of my syllabus. I further declare that
project work has been prepared personally by me after viewing the content under “We Tube, We
Lounge and Newswire” and it is not sourced from any outside agency or any other students. I also
understand that I will face very serious consequence and my admission to the program will be
cancelled without any refund of fees. I hereby abide to take the viva faculty`s decision as final for
evaluation of Project We Like .

• Nirmiti Hindurao Hodge

• Signature of Candidate
 Newswire

•1. Three Primary Roles of a Leader

•2. Top 12 Personal Finance Trends of the year 2021
•3. 5 Share Market Investment Tips For Beginners
•4. 5 Common Habits of a Successful Entrepreneur
•5. The New Manager: New skills for new times
•6. Three Primary Roles of a Leader
•7. 5 Common habits of a successful Entrepreneur

• WE TUBE
• 1. Decision Making
• 2. Knowledge Management
• 3. Goal Setting
• 4. Problem Solving Techniques
• 5. Success Attitude

• WE LOUNGE
• 1. Mr MAHESH BAPAT
• 2. MR AJAY TIWRAI
• 3. MR NIKHIL APTE
WE TUBE
• . Decision Making
Learnings

• Life – Full of Choices

• Our life is full of experiences in life that we learn from
• Each experiences, good or bad helps us evolve in life
• There are huge number of choices
• We have to make ‘ Right Decision’
• It is committing yourself to decide
• Reducing the uncertainty and doubts from the available choices
• To arrive at the ‘performable’ solution
• It is practially impossible too
• Uncertanity- exists due to lack of complete knowledge of alternative
• Hence in this process the best possible alternative is chosen leaving some risk
• Every decision therefore has an element of calculated risk

• For the process of Decision Making you require:

1. Authority
2. Resources
3. Skills
It is practially impossible too
Uncertanity- exists due to lack of complete knowledge of alternative
Hence in this process the best possible alternative is chosen leaving some risk
Every decision therefore has an element of calculated risk

For the process of Decision Making you require:

1. Authority
2. Resources
3. Skills
• Knowledge Management
Learnings

• Knowledge- What is it?

• The psychological result of perception , learnings and reasoning
• In philosophy the study of knowledge is called epistemology and the philosopher
Plato famously defined knowledge as ‘Justified True Belief’

• Defination
• Knowledge is a detailed familiarity with ,or understanding of a person ,thing or
situation. It can be include facts and information, as well as understanding that is
gained through experience , education or reason can be implicit (as with practical
skills or expertise)or explicit ( as with the theoretical understanding of a subject);
and it can be more or less formal or systematic
Why Knowledge Management?

• Advert of digital and network technology and e-commerce

• Focus shifting from long term stable business relation to services that exactly satisfy customer
demands

• Reducing Shelf Life of Knowledge

• Summarise
• Knowledge management is the key to success going ahead
• Acquire and manage the ‘right knowledge’
• Manage knowledge costs and knowledge risks
• Create robust supply chain for knowledge
• Goal setting
Learnings

• What are goals?

• “If you want to live a happy life , tie it to a goal , not to people or things”- Albert Einstein

• A goal is a desired result a person or an organization envisions, plans and commits to achieve

• Smarter Goals
• Specific
• Measurable
• Achievable
• Relevant
• Timely
• Effective
• Reinforcing
8 Principles of Goal setting
• Develop warm relationships and gave genuine concerns
• Focus on present and future plans- not on why past plan failed
• Develop a plan of actions
• Be informed –learn about and evaluate different approaches to obtain your goal:

• Ask others how they achieved their goal

• Explore educational materials

• Get a commitment from co-workers, partners. It promotes accountability
• Check on progress on a regular basis . Make modifications where necessary
• Ask for help or advice where required to achieve your goals. Do not feel hesitant

• Create positive self talk to encourage and direct you to your goals

• Do not give up on yourself

• Problem Solving Techniques
Learnings

• Brainstorming
• Brainstorming combines a relaxed, informal approach to problem-
solving with lateral thinking
• It asks that people come up and thoughts that can first seems to be a
bit crazy
• Crafting these ideas into original, creative solutions to the problems
• This approach aims to get people unstuck ,by “jolting” them out their
normal ways of thinking
 Brainstorming –Steps
Step 1 - Preparation
• Choose a comfortable meeting environment
• Appoint one person to records the ideas that come from the session
• Define the problems you want to solve clearly, and lay out any criteria to met
• Give people plenty of time on their own at the start to generate as many ideas as
possible

Step 2 – Brainstorming session- Norms

No Criticizing/ No ridiculing
No questioning
No interruption
No judging/ evaluating
• Success Attitude
Learnings

• Life is full of challenges

• Meeting deadlines, Changing Govt.Polices, withdrawal of support by
partners/vendors/distributors-everyday challenges in business
• Daily commuting ,traffic ,relationship , work-life-balance issues are so challenging

• Angles in attitude
• Internal
• Do you see problems In all opportunities OR
• Do you see Opportunities in all problems
• External
• How you carry about yourself among other people or in the society
 Success Attitude
• Start of the day on smiling and positive note
• Wake up preferably at the same time everyday on a soft musical note rather than a harsh
alarm
• Embrace time management that helps in saving you in enough small-small margins in between
2task on hand, giving cheerful breathing time
• Factor Impacting Attitude
• Inner positive and motivating voice
• High benchmarks set for self
• Breaking Big goals in to the small chunks
• Past only for lessons and future only for targets-rest is the present
• Commitment to self for success
Compete only with self &for self
WE LOUNGE
 Mr. Mahesh Bapat
Managing Director of Thread Technology Pvt Ltd
Learnings
• Managing director of Thread Technology Pvt Ltd. He has completed his bachelor’s
in engineering from Sashmira Institute. He is one of the young entrepreneur
• Thread Technology was established at 1989 in Mumbai
• By watching this vedio I got to know that Mr Mahesh Bhapat wanted to become
an entrepreneur at very young age of his life He was started his career in mafatlal
engineering
• While watching his interview vedio he said that his father’s wish was to be a
‘Quality Businessman’ He also said that his father never thought about how much
money he will generate his father’s main motive was on Quality
 He also spoke about competition, he says that competition is not important , your
product should be in best level

He also spoke about Ratan Tata, Mukesh ambani that they motivated him to become
more workaholic
Today as a manufacturer he has two units. He also spoke about his wife that his
wife was the main role of his life she was very supportive and motivated him for
expanding his business

He also spoke in his interview about the welingkar institute

that this institute not only educates but it educates how to
stand well in industry
 Mr. Nikhil Apte
Chief product officer, Royal Sundaram alliance Insurance
Learnings

• Mr Nikhil Apte was from Batch 1995-1997 PGDM(Marketing)From Welingkars

institute
• He done BE in electrical and then he took marketing as a specialization and he
also told in this interview that he specifically want to do career in marketing only
• After his course immediately he was working as a assitant manager at Emerson
Network Power .And he also successfully developed, designed & launched about
20 plus new products in Accidents & Health insurance Space.
• He comes with multifunctional experience covering a wide specterum of
management functions & industries
• Today he is a seasoned Sales& Marketing professional with over a 20years
expereience
 He also said that theory is necessary for understanding the real world
scenarious
He also talked in this interview that his parents was very supportive in his
decision
The message he gave in his interview to everybody is “Please follow
your passion,no matter what your parents be ,professor says ,friends,
you don’t fool yourself”
According to him , if you want to be a good product manager, unless you pass through
sales you cannot become a good product manager. He also said marketing is not a easy
job the people , the world is different you may get rejection but you should be strong
& tackle with the situation and achieve your goals.
 Mr.Ajay Tiwari
HR director Supply Chain at Unilever plc
Learnings

• Mr.Ajay Tiwari is HR director at Unilever plc.He was a Key person in

the development of Tata Nano
• He has travelled the world extensively
• He has varied experience in Hospitality, Automotive Technology and
FMCG.he loves a game of golf
• He started his career in 1993 his first job was in Taj Hotel. He also says
that different company gives me different explosure
• He also spoke about his secret of success is ‘BELIEVING YOURSELF’is
very much important for success.
He spoke about Supply chain management (SCM)the point you get the raw materials till the
time you manufacture and give it to the distributor is called Supply chain management.

• During his interview he told that he loves to being with his employees

• HR is very important in shaping the business ,HR is a leading indicator in business

he says that right HR system enable business to go forward.

• The important message he gave to each and every students was “do not bother
about the money you get bother about the knowledge you apply or you gain”
NEWSWIRE
• 1. Three Primary roles of a leader
Learnings
• Replace fear with confidence
• This assumes that we, as leaders know what our teams are afraid of. Some of the
fears are easy to guess(fear of getting sick)and some not so.So,it is important that
we learn how to understand what are the different fears that our teams
face.Once we know that ,we can figure out what we can do to replace that with
confidence
• Replace confusion with clarity or certainty
• Sometimes, it comes down to providing clarity or certainty in the face of chaos.
Providing clarity or certainty assumes that we, as leaders, have a clear
understanding about what is happening and what our reponse should be.
 Mobilise in the pursuit of a better future

• We can only be a leader, when there are people who are willing to follow us on a journey .And
what kind of a journey would we be leading people to if it were not in the pursuit of a better
future for everyone involved .This of course assumes that we have a vision of what this better
future could look like and we know what needs to change in order for us to realise this future.

• Conclusion
• I really like the simplicity of this 3 role definition of leadership that Matt shares. This has layers
upon layers of assumption of skills and actions that we needs to learn to be and become better
leaders, but keeping this in mind is a great start.
2. Top 12 Personal Finance Trends of the
year 2021
Learnings

• Let’s check out some personal finance wrap-ups for the calenders year2021 that may also impact you in the near future
• 1 .No hike in repo rate
• The year 2021 started with a serious second wave of Covid-19 pandemic. It was a financially challenging time for one and all.
The RBI helped the economy by keeping REPO rate unchanged during the whole year.
• 2. Union Budget 2021 Relief
• Several measures were announced in the Union budget 2021 to help the people overcome Covid19 setbacks . The important
ones from the personal finance point of view include announcements of extension in the last date to avail tax benefit
u/s80EEA of the Income Tax Act to 31 st March 2022.
• 3. Equity Investment Made New Highs
• Despite concerns related to new waves of Covid-19 the equity market made a new all time high during the year 2021. The
stock market remained bullish during the year with a few exceptions.

• 4. FB Rates Remained Subdued

• The interest rate on FDs largely remained at the same level throughout the year. One major concern for most FD investors had
been the high inflation rate. The negative real rate of return made several risk-averse investors search for alternatives to FD
investement
 5. Gold price and Hall marking Rule
The gold price remained mostly subdued during CY 2021. the rule for mandatory gold
hallmarking came into force from June 15,2021 . Jewellers with an annual turover of over RS
40 lakh are required to sell only hallmarked gold jewellery

• 6. Retail Direct Scheme

• This scheme was launched by the RBI in nov to allow retail investors to buy and sell governments bonds.
This Scheme is a one-stop solutions to facilitate investment in government securities by individuals

• 7. New RBI Auto Debit Rule

• The RBI issued new auto-debit rules in October and mandated that there will no automactis
recurring payment for various service such as phone recharge , OTT bill payments etc
• 8. Link Your UAN With Aadhaar
• The government extended the last date to link your UAN with Aadhaar to December 31, 2021. It
was made mandatory for employees to avail various services and benefits of your EPF account
3. 5 Share Market Investment Tips For
Beginners
Learnings

• A new trader or investor must know that no matter how old is one in
investing, one can go wrong and can never correctly predict the
market behaviour always
• 1. Protecting Capital
• 2. Understand Expectancy of A move
• 3. Get a reality check
• 4. Do Not Invest in Leveraged instruments
• 5. Keep it Simple
 1.Protecting Capital
One must also understand that investment is like the hare-slow and steady wins the race. The basic fundamental that investors need to follow is protect your
capital.
2. Understand Expectancy of a Move
A new trader or investor must know that no matter how old is one in the game one can go wrong and can never correctly predict the market behaviour always.

• 3. Get a Reality Check

• Wanting to double the capital every year to gain a 10% profit every year is very unrealistic. This is
not possible in the long –term.
• 4. Do not Invest in Leveraged Instruments
• Inexperienced investor must definitely stick to equities in the cash division only and not into
futures and options. In investing , Leveraging is a double-sided sword. The prospects To make a
profit Increases but si does the loss.

• 5. Keep it Simple
• There are many young players who go a little over the top while strategizing and purchasing new
softwares to gain an edge over the other.
4. 5 Common Habits of a Successful
Entrepreneur
Learnings

• The entrepreneurial spirit can be best defined as a flame of hope that ignites the mind to do
something unique, impactful and contribute towards the growth and development of the society
that we live in
• Below are a few tips to be noted in becoming successful
entrepreneurs

• Take the leap of faith:

• Entrepreneurship requires a leap of faith An individual faith resembles his/her belief in something
for which there is considerable uncertainty.
 Focus is more important than genius:
Rome wasn’t built in a day and similarity few new enterprises start successfully immediately .
• To inspire, you must keeping going:

Getting tired is not a habit worth cultivating unless it’s getting tired of doing the
same things

Divide responsibility and multiply success

Confidence is not synonymous with overconfidence. Divding work, organizing a
functional management hierarchy and diligently leading is required in real
progress.
5. The New Normal for Innovation
Learnings

• We’re entering a deglobalized world where firms ,must ceaselessly innovate in

order to survive.
• Deglobalisation will further strengthen this trend through decreasing scale. In
the medium term, companies will have a harder time making money through
large scale me-too products as opposed to smaller-scale differentiated
innovations.

• Innovation blockers
• During the conference , INSEAD senior affiliate Professor Annet Aris discussed
how the difficulties of digitalization prevent large, established companies
from developing the resources needed for sustainable innovation
Realistic Hope- A feeling that today’s action will improve the collective future.
Sustainable innovation requires an inspiring , optimistic vision.

Thoughtful passion- The feeling of deep, High-energy personal engagement. This is related
to the phenomenon of flow- the blissful state of total psychological immersion in a project
or task.Flow does not occur when one is on auto-pilot .

Aspirational discontent- The belief that is possible to reach one’s highest potential and
achieve a much higher meaningful purpose.
Thank you!