We Tube - 1 Big Data: The 5 Vs Presented by: Nitesh Verma
What is big data Big data is like a normal data but in very big amount and mostly unstructured. Unstructured data means all data is not in the structured (table) format; 85% of data is unstructured today that includes audio, video, images, chats, etc. We cannot handle the big data in usual approach, it requires different approach : techniques, tools and architectures. Big data is a collection of data sets so large and complex that it becomes difficult to process using on hand database management tools The challenge include capture, storage, sharing analysis and visualization.
5 Vs of Big Data Volume Velocity Variety Veracity Value
Volume The amount of data generated. Velocity The speed at which the new data generates, travels and increases. Variety In which form the data has been captured; for example earlier most of the data were in tabular form but now video, text, heart rate, etc. Veracity How much data is accurate to create meaningful value. How much we trust the data. Value Generate value from the huge data available .
We Tube - 2 Business Intelligence Warehouse – OLAP By Prof. Vasudev K. Kamath
Abbreviations - OLAP - Online Analytical Processing OLTP - Online Transaction Processing System The Process of business intelligence – First extract ERP database/System data using ETL(Extract Transform and Load) tools from Data Warehouse. Second data mining step – format the data, define discipline for the data and do proper designing. Third pull entire data from warehouse and structure that data to ODSs(Operational Data Store) i.e. Finance, HR, Sales, etc. Forth prepare cubes under ODS for example cubes under HR ODS can be absence, training, etc.
Data can be updated from OLAP to OLTP either real time or on the batches . Business rules would be defined for the data like how reports should look like, how data should be managed. Further versioning of the report can be done. One should understand business and business logic to create proper ODSs. Authorize access - for each step different persons would be having the access for the data.
We Tube - 3 Changing Role of HR
Talent Retention HR should conduct monthly review with the employees to understand their issues. Skip Level Meetings(meeting with manager’s manager) should be conducted once in 2 to 3 months Process Improvement Technology should be used in recruitments and PMS (Performance Management Systems) to Increasing Productivity. Remote candidate can be presented with recorded questions and while the candidate answer these questions everything would be recorded as video then HR can review everything like answer, body language etc. Same thing can be applied to review meetings; after review meeting with manager in case of any discrepancy HR or Skip level manager can review it.
Leadership development Even entry level employees are expecting leadership programs. HR has to understand the level and required training for those levels as per the competencies required. HR should encourage the employees to learn and adapt. Experimental knowledge share should be in the organization. Learning and Development(L&D) should be as per the need of the business. Just in time learning should be available for employees i.e. no class room learning like mobile device, virtual learning. HR should motivate employees to take part in learning. Virtual simulations - give a virtual identity online to the employee like project manager(or the aspiring role) and ask the employee to act like that role.
The Gen Y Workforce Open Work environment BYOD - Bring your own device to work Freedom to work with focus on end results 24 * 7 work culture - for flexibility like work from home or anytime login logout Succession Planning HR should identify the business critical role and ensure the talent pipeline for the same.
Globalization Handling diversity Cross cultural sensitization Dealing with a highly mobile workforce Changing Trends Permanent or Temporary work preferences Managing High Potential Talent to Go Retain, give then different role, profit sharing for ideas etc Measuring HR performance Matrix -- Access impact of HR activities on business Analysis of data from PMS(Performance management System), exit interviews, trainings and feedback forms, etc. One integrated dashboard to publish from HR for their activities.
We Tube - 4 Type of E-Business - A quick preview Prof. Alok Jha
What is E business The business in which Internet is involved that is called e business, communicates to consumers using internet. Types of E business Informative Corporate websites, educational institute website, govt. websites - no payment/transaction involvement, only for information ex. health sites. 2. Business All business that are carried out directly or indirectly with end user. Example ecommerce, selling and buying websites. 3. Social platform Example facebook, instagram, etc.
Broad Categories under business category B2B – Business to Business Example indiamart.com, alibaba.com, tradeindia.com, tender.com B2C – Business to Consumer Example tradus.com, homeshop18.com, snapdeal.com C2B – Consumer to Business This is called market place; online market place is created and sellers and buyers are allowed to interact with each other. Payments and terms of business are controlled by the platform so as to protect both buyers and sellers. Example ebay.com, naaptol.com
C2C– Consumer to Consumer Here the customer is made to feel like he is driving/dictating the business. He is allowed to put his demand and businesses would try to fulfil customer’s demand , in this customer decide the price. Large amount of buyers and sellers that is the reason price is dictated by the buyers. Example bid sites, auction sites, referral businesses job portal, freelancer business Another way to look at e commerce Physical/Tangible goods - From pin to television 2. Digital goods - Movie/music downloads, wallpapers, eBooks, etc. 3. Services Bill pay, travel ticketing, insurance premium etc. example ebay.com, tradus.com, hungama.com, billdesk.com, etc.
We Tube - 5 Gantt Charts By Gaurang Chandarana
Gantt Chart This is the tool for any kind of production units This is also coming in web based format now It can be used for any timely activity Advantages Things become clear Very useful for projects up to 30 activities Breakdown the work into specific manageable parts Clarify the workflow, sequence and dependencies
Limitations Become unwieldy more than 30 activities project Only represent part of the cost time and scope Do not represent the size of a project It works as a scheduling tool so it will not work good for reporting if any deadline fails It will not show the exact time to start or end the activity
How to Prepare List all activities(with timeline, length of activity time required to complete, activities are parallel or sequential, dependencies) Set up Gantt Chart(example template headings - name of the task, previous activity, duration, july-week1, July -week2, july-week3, etc.) Plot the graph Present the analysis(final version of the Gantt chart, link of sequential activities, colour representation details, etc.)
We Lounge 1 Mr. Ninad Kapre Aptech Ltd. Managing Director and CEO
Professional profile He joined Aptech at February 2009, previously he was working with CA technologies He authored a book about taxation He is a regular blogger He gives presentations in IIM and business schools on business strategy He is the independent director of board for number of public companies. Inspiring factor to join Aptech Excitement of a change Education system can make larger impact
He says one does not need any prior experience for anything, main thing is drive in passion Essential skills and qualities for manager while recruiting - Technical factor, communication skills presentation factor, motivated are hygiene factors Main things are passion and agility(speed and smartness of decision making and driving business) One characteristic makes the difference while interview - best behaviour(true behaviour)
We Lounge 2 Mr. Govind Shrikhande MD, Shoppers Stop
Professional Journey He joined Shoppers Stop at April 2001 as Vice President and after several promotions he is MD today. He is graduated from VGTI Mumbai and MBA from Symbiosis. He is having more than 30 years of experience. About Shoppers Stop It established in India by K Raheja group in October 1991 There is an Anthem of Shoppers stop which is written by Guljar Shahab and Sung by Sonu Nigam in 2008 and it plays everyday across the Shoppers Stop at 10:45 am “Apne liye sab karte hain Auro k liye kuch karo”
Best part about retail is that there is something new happens every time The worst this is it is a 365 day 24*7 job, no Sundays no holidays His biggest strength is focus and analytical skills and weakness is emotionality One word describe him is passionate One word for shoppers stop is it is university for learning He says he is still learning Message for students - We all are work in progress keep on learning, be passionate about what you do and enjoy your work.
We Lounge 3 Mr. Damodar Mall CEO Reliance Fresh
Professional Journey He is the author of famous book "Super Marketwala" - secrets to winning consumer India He is an IIM Bangalore Alumni He is recognized as "Most Admired Grocery Retail Professional" in 2011 He has more that 25 years of experience and he worked with brands like Hindustan Unilever Limited and he was ex director of future group. He writes blog as well on consumer behaviour He first time see in Brazil this concept of super market in emerging area and after that he was a co founder of D Mart
First thing he do in office is take a blank paper, pencil and some colour pen and try to figure out the new thing Like most is being in the store and does not like no holidays no Sundays and employee has to stand more than 6 hours everyday Strengths stay curios and open to change try out new thing Message for students - keep doing as a learner stay curios, stay learning new thing Do not learn from teachers or seniors as it is a different world now then before.
Newswire 1 BROKEN CAREER DREAMS - THE WAY FORWARD Everyone sets certain goals/objectives. Due to obstacles in that goal, individual feels low self confidence. Actually one should learn from failure. Examples recession time, farmer, accident of sports person. One should not follow others paths instead make its own path by trying and believing in one self. One should be prepare for best as well as worst
Newswire 2 5 REASONS WHY EMPLOYERS ARE LOOKING YOU UP ON SOCIAL MEDIA 1) Your personality/passion From type of information shared, comments towards other posts. 2) Your qualification for the job Match the information with the resume and recommendations in LinkedIn 3) Your professionalism Profile photo and information presented in the profile 4) Your interest in the employer Like or following the employer 5) Your followers Primary followers should be your profession related
Newswire 3 7 TIPS TO HELP DUST OFF THE OLD RESUME AND GET IT READY FOR YOUR JOB SEARCH NOW Header Name, contact details, get Google mail id, include personalize LinkedIn url 2) Profile Summary/Executive Summary Replaces the objective statement, because what you offer to employer is important statement 'references available upon request’
3) Experience Details of roles and responsibilities, key accomplishments on the job, use keywords for Automatic Tracking System (ATS) 4) Keep Everything Bite-Sized Employer will extract information in 7 to 8 seconds. 5) Dates Avoid using seasons like winter or summer. Be specific for date format. Don’t mention the year of graduation to avoid age discrimination. 6) Education Mention the education relevant to the profile. 7) Spelling Seek help for someone else as well to check for spellings.
Newswire 4 SOCIAL LOAFING IN ORGANIZATIONS Social loafing It means people working in common task may actually decrease their efforts. Those who does not participate properly are called loafers. The possibility of occurring of social loafing in a team-work increases because of the following reasons: 1) Division of work is not proper 2) one should feel accountable. Social loafing can be minimized by constituting effective team for group performance.
Newswire 5 5 HIRING PROCESS MYTHS YOU NEED TO KNOW MYTH #1: ALL JOB OPENINGS ARE POSTED ON JOB BOARDS Jobs can be filled through employee referrals, in house or handpicking candidate from an existing talent pool MYTH #2: NO ONE WILL READ YOUR COVER LETTER It is the decider to read resume or not It conveys your passion for the job
MYTH #3: SIMPLY APPLYING TO JOBS WILL LAND YOU AN INTERVIEW Be proactive in your job search, includes following up on application sent, networking, positive online presence. MYTH #4: THE MOST QUALIFIED CANDIDATE WILL GET THE JOB Should also fit into the culture of the organization MYTH #5: IF YOU HAVEN’T HEARD BACK, THE POSITION HAS BEEN FILLED Follow-up is most important, it will set one apart from others, follow-up shows the passion and interest towards the job
Newswire 6 6 COMMONLY ASKED RESUME WRITING QUESTIONS ANSWERED Question 1: How long should my resume be? Answer: For entry lever - 1 page others 2 pages, 3 pages for senior managers and IT professionals. Question 2: Do I need to include my home address? Answer: No need, simply indicate the city, state and zip code for ATS(Application Tracking System) Question 3 : Which resume format should I use? Answer: Going chronologically with your most recent job first is typically most common
Question 4: What can I do to my resume to immediately impress employers? Answer: Top of the resume is the prime area, it needs valuable information Question 5: What do I do if I don’t have much work experience? Answer: Add information about school coursework and specific projects relevant, volunteer work, achievements Question 6: What file format should I use to send my resume? Answer: Best is to save in Word format(.doc) In case any specific instruction has been given for the format follow that otherwise stick to word format.
Newswire 7 4 WAYS TO INCREASE PRODUCTIVITY AT WORK 1) Take A Break Can clear your head and get the blood flowing 2) Outline Your Priorities Have to do list with priority, sense of accomplishment towards a goal 3) Consider The Long-Term Think about two big things you want to accomplish over the next year and post them onto your computer to remind yourself about your goals 4) Get To Work Early Empty office and less distraction
Newswire 8 5 NETWORKING TIPS EVERY JOB SEEKER NEEDS 1) Realize That Your Network Is Bigger Than You Think People where your spouse works, friends, parents of child's friends, your child's teachers, your doctor, your accountant or anyone you see regularly are the network which also have potential. 2) Contact Your Current Network Regularly (Even When You Don’t Need To) To keep the network fresh
3) Always Be Growing Your Network Get the email or LinkedIn URL of the people you meet Ask the people who comment in the LinkedIn groups to connect. 4) Offer Help Whenever You Can So that you can ask when you need it 5) Be Honest With Your Network Be open and honest so that people in the network knows what are you looking for
Newswire 9 "DUMP THE JUGAAD, LOOK FOR ORIGINAL SOLUTIONS" Do your homework - Know the size of the market, competitors and their activity and the need of technology. Work with multiple partners - Be open to work with the partners or resources needed. Look beyond product innovation - Innovation can be based on available technology and solutions as well. Think local - The technology solutions relevant to the local market can have a rub off effect globally. Jugaad is a waste of time - As it does not get you respect. Look for original solutions.
Newswire 10 WHAT IS A FOLLOW ON PUBLIC OFFER OR FPO? After Initial Public Offering(IPO) companies list their shares, at some stage they might need additional funding this leads to Follow-On Public Offer(FPO) Need of FPO – To raise resources or dilute the stake. There are also certain norms that one has to comply with when determining the type of offer. For example, you cannot come out with a FPO, unless an IPO is done.