Management Quotes

Management Quotes

Wednesday, 28 December 2011

2011 YEAR IN REVIEW

As 2011 draws to a close, India will look back on the year with mixed feelings-from the highs of winning the much-coveted Cricket World Cup to the lows of trying to fight corruption. In a country as diverse as India, there is bound to be quotes that have inspired, shocked and some that just plain amused us.
Let’s take a look at the newsmakers whose quotes will ring in the ears of Indians for a long time to come. Some have been heartfelt like Virat Kohli on Tendulkar, while some have drawn much criticism like Rahul Gandhi’s comment on preventing terror, while still others have made the headlines for their sheer absurdity, like Mayawati calling WikiLeaks’ Julian Assange crazy.

1. VIRAT KOHLI ON SACHIN:

April 2, 2011: The Cricket World Cup came back to India after 28 long years. The win was especially because this is probably Tendulkar’s last time in the India World Cup squad.
After the historic win, when Team India went on a victory lap around the stadium, Virat Kohli carried Tendulkar on his shoulders much to the crowd's delight. On being asked by Nasser Hussain why he carried Sachin on his shoulders, Kohli said, He (Sachin) has carried the burden of the nation for 21 years, so it’s time we carried him on our shoulders.”

2. OMAR AND MEHBOOBA ON SLUGFEST:

Sept 19, 2011: That there is no love lost between the two is well-known throughout the country, them being political rivals. But when they started targeting their fathers, both celebrated in their own right, things took an ugly turn in Omar Abdullah and Mehbooba Mufti’s relationship.
It all began with BJP leader Sushma Swaraj saying Mehbooba praised Narendra Modi’s worth ethics. To which Ms Mufti’s retort was, “I feel the party (BJP) is frustrated, but I would request them if they want some Muslim leader on their side to prove their secular credentials, they must approach Farooq Abdullah who has praised Modi and even said he had seen Allah in Modi's eyes…Omar was a minister in the NDA government when Muslims were massacred in Gujarat.”
This obviously didn’t go down well with the J&K chief minister. Omar took to Twitter to retaliate saying, “I'm not surprised Mehbooba praised Modi, she can praise who ever she likes; I am surprised she'd deny knowing others heard her speech... At least her father had the sense not to deny calling Laloo, as home minister, to order Advani's release. He just did what Ostriches do.”

3. KIRAN BEDI ON POLITICS:

On August 26, 2011: During Anna Hazare and team’s rally for a corruption-free India, there were many attacks and counter attacks with the central government. But the quote that stayed on people’s mind was the one Kiran Bedi made at the Ramlila Maidan in the capital when Anna Hazare on a hunger strike. She ridiculed the politicians and the entire political system. Mocking them, she said, "Our politicians are hiding behind a mask. They don’t think and speak. There has been no lathi-charge till now because of Anna. We don't know what will happen after he goes. Till now, Delhi Police is with us, but if they get any demands, we don't know what will happen. We have been tolerating for the past 60 years, how much more do we tolerate?"
She famously donned a towel on her head and made strong remarks about how the political system was being unfairly used by our elected officials rather than as a platform to serve the nation with her "Sarkari naukri seva nahin mewa hain" comment.

4. OM PURI ON POLITICIANS:

Aug 28 2011: Joining Team Anna against the government was actor Om Puri. His speech was almost something out of one of his movies, complete with melodrama. When he spoke to the crowd at the Ramlila Maidan, he came across as someone who means business. But that feeling soon died out when he took back all his words. Still, his quote will be remembered its sheer force in moving a people. He took a dig at the politicians, calling them Nikamme, ganwaar (illiterate and unfit to govern). He said, “For five years they (politicians) loot the country. Ask them what their background is…"

5. NAIPAUL ON WOMERN WRITERS:

June 2, 2011: That VS Naipaul is a controversial figure goes without saying. One of the most outspoken authors of our time, he doesn’t think twice about voicing his opinion. This year the supposed "greatest living writer of English prose" targeted women writers. According to him, women are no match to men’s writing abilities.
In an interview at the Royal Geographic Society, Naipaul was quoted saying that no woman writer could be his literary equal. He went on to say, "I read a piece of writing and within a paragraph or two I know whether it is by a woman or not. I think [it is] unequal to me."

6. AMITABH TO KBC FANS:

During an episode of KBC, Amitabh was at his usual witty best. In response to a contestant's hopeful sister with dreams of meeting Abhishek Bachchan, he quipped, "Madam, aisa hain ki woh sannlagn ho gaye hain kisi aur ke saath aur is mel ka parinaam kucch mahinon mein aanewala hain!"
Translated, he gently reminded her that his son is married to another, and the product of their marriage is to announce itself in a few months.
Aishwarya recently gave birth to a baby girl.

7. MAYAWATI ON JULIAN ASSANGE:

Sept 6, 2011: Uttar Pradesh CM Mayawati manages to make it to the headlines, one way or other. If it isn’t the congress party, Rahul Gandhi in particular, that she directs her barbs at, it’s anyone else who dares question her authority. In this case, Julian Assange. He had it coming when Wikileaks said Mayawati sent her private jet to buy her favourite sandals from Mumbai.
In retaliation, Behenji called Assange insane and that he needs to be sent to a mental asylum. Speaking at a press conference, she said, "There is no iota of truth in the cable leaks. The cables are all a blatant lie to tarnish the image of my government. He should be sent to a mental asylum by the country he belongs to and in case there is no place for him he should be sent to UP (Uttar Pradesh). We will put him in the Agra mental asylum."

8. NASSER HUSAAIN ON INDIAN FIELDERS:

Sept 2, 2011: Former England skipper Nasser Hussain does have a knack of saying the wrong things at the wrong time. Agreed you’re entitled to your opinion, but when what you say is hung onto by millions of avid cricket fans, you might just have to be a bit more responsible than the average Joe.
Hussain has, once again, rubbed the Indians the wrong way with him calling some Indian fielders "donkeys" during the one-off Twenty20 match between India and England. He made this comment after Parthiv Patel misjudged a Kevin Pietersen catch off Munaf Patel's bowling. He said, "I would say the difference between the two sides is the fielding. England are all-round a good fielding side. I do believe that India have few...3 or 4 very good fielders and one or two donkeys in the field still."

9. RAHUL GANDHI ON TERRORISM:

July 14, 2011: It goes without saying that in a year, there has to be at least one quotable quote from the likely future PM of India, Rahul Gandhi.
A day after yet another serial blast rocked Mumbai, Rahul said it was impossible to eradicate every single terror attack in the country but the UPA government had been successful in controlling most of the attacks. He said, "It is very difficult to stop every single terror attack in the country. Terrorism is something that is impossible to stop all the time. But 99 per cent of terror attacks had been stopped due to strong vigilance and intelligence efforts." Rahul may not have intended to court controversy, but what you say does matter especially if you’re seen as the next PM of the nation.

10. PRASHANT BHUSHAN ON KASHMIR:

Sept 27, 2011: Team Anna has been making the news for all the wrong reasons, although they claim it’s a vendetta by the central government. But what Prashant Bhushan said on a sensitive topic like Kashmir cannot be prompted by the government. After he voiced his opinion on Kashmir Anna Hazare was quick to add that it was Bhushan’s opinion alone, and not of the entire team.
His thoughts on the separation of Jammu and Kashmir didn’t go down too well with certain section of the society, namely the Bhagat Singh Kranti Sena. Two people beat him up inside his chamber in the Supreme Court. Bhushan had said, “Remove army from J&K, end AFSPA and try to get the Kashmiris on our side, but if they want to have a separate state, then in my opinion, there should be a plebiscite and if they still have to be separated, then they should be allowed to.”

Tuesday, 27 December 2011

Top 5 health benefits of having apples


We have all heard about the benefits associated with apples and most of us relish its refreshing, unique flavor but how many among us really know what makes apples such a recommended fruit or dietary item? Yes, apples have offer ease of portability and are packed with nutrition associated with fruits in general but you need to read the following to realize why apples are such an awesome addition to your daily diet:

1. Apples Keep You Smarter, Even in Old Age

Apples are proven to have a role in the better functioning of the brain. It has been established through various researches that apple, if consumed regularly as a fruit or juice, keeps the mind sharper. It is packed with certain plant chemicals that can even prevent the onset of neurological conditions like Alzheimer’s that are essentially a state of decreased mental acuity. Regular intake of apples is known to have a regulatory effect on critical neurotransmitters of the brain like acetylcholine. In fact, apples are recommended as a fruit of choice for people who are suspected of progressing towards Parkinson’s, another condition linked with reduced mental capabilities. Apples contain compounds that cannot be mimicked by pharma companies and are capable of raising the immunity of the neurons (nerve cells).

2. Apples: Nature’s Own Anti-Cancer Solution

Scientists from various medical research facilities have confirmed that apples have a definitive anti-carcinogenic effect. Some folks might argue that it is not assured against which type of cancer and in what manner apples contribute in this regard. However, it should be remembered that we don’t have any drug or medicine to cure or prevent cancer, i.e. the global medical fraternity can only partially curb cancerous growths and impair its progression. So, doesn’t it make sense to avert chances of being inflicted with this deadly disease by merely eating a tasty fruit regularly?! Certain biochemicals found in apples, like flavonoids and triterpenoids, are widely regarded behind the fruit’s anti-cancer properties.

3. Apples Are Established Diabetes Busters

Diabetes is the precursor to a series of highly damaging health conditions like cardiovascular problems, stroke and high blood pressure. Apple contains soluble fiber. This kind of fiber plays a vital role apart from regulating your digestion, i.e. it retards the faster uptake of sugars in the body. This helps in preventing and managing diabetes. Some medical facilities have indicated that eating apple on a daily basis can reduce chances of developing type 2 diabetes by nearly 25% among women.

4. Managing Weight is Easier with Apples

If you think about weight management solutions that allow you to gorge on sweet, flavored foods, apple should surface at the top of your options. This is the best fruit to manage cholesterol. As explained, the soluble fiber in apples helps to impair the absorption of fats from the intestines. Pectin is one such fiber that is found in appreciable quantities in apples. Polyphenols in apples are among nature’s strongest antioxidants and tend to reduce the toxic nature of cholesterol deposits, preventing plaque deposition within the blood vessels.

5. Apples for Better Gastrointestinal Health

Apples are the most recommended fruit for folks suffering from a range of gastrointestinal problems. This includes serious problems like gallstones that are formed due to excessive cholesterol in the bile. Foods high in soluble fiber and antioxidants, such as apples, are the perfect remedy for preventing painful gallstones. Apples are also a handy aid for resolving repeated bouts of constipation and diarrhea. Apple’s natural fibers aid greater absorption of water, regulating the movement of digested food through the intestines. Stressful lifestyles often lead to IBS—Irritable Bowel Syndrome. This irritating and highly debilitating stomach-related ailment can cause bloating and abdominal pain and is best managed with regularly eating apples.

Wednesday, 21 December 2011

Top 5 camera phones in December




Apple iPhone 4s — 8 Megapixel (Price Rs 44,300)

 Touted as the fastest iPhone, this handset is truly a remarkable device from Apple. The iPhone 4s comes with a sleek, sharp and thinner design that is similar to its predecessor — the iPhone 4. The fifth-generation model of Apple iPhone comes with a similar 3.5 inch screen with 640 X 960 pixel resolution which is known as the Retina display, the highest resolution display ever built into a phone, and FaceTime for video calling. The display has also been treated with a special oleo phobic coating which is very useful for the Indian environment.

The phone has got an 8 megapixel camera as compared to the 5 megapixel of iPhone 4. The camera has an LED flash also for illumination. The 8 megapixel snapper uses the one of the best image sensors to reproduce life like colours with detail and variance. The camera can also record full HD 1080p video and get functionalities like touch focus and Geo tagging. Along with this, the upgraded OS 5 and a mighty faster dual core processor makes it easier to edit and share pictures.

Apple users can also make use of the Apple iCloud service to store their pictures. Apple is offering 5 GB of space free on iCloud to all its users.

Nokia N8 with Anna — 12 Megapixel (Price Rs 22,000)

Many camera phones have come and gone but this device of Nokia continues to top the charts due to its amazing camera quality. The Nokia N8 boasts of Carl Zeiss optics, a 12 megapixel 1/1.183 inch optical format CCD image sensor, Xenon flash with automatic red-eye removal and auto focus. This type of a sensor has never been used in a camera phone before that makes the N8 unique to its technology and allows it to capture images that are far better in terms of resolution and variance as far as pictures are concerned.

With the Symbian Anna upgrade, the Nokia N8 has gotten newer video recording capabilities such as continuous auto focus, 720P video recording capability. Besides, N8 users can record videos in 30 frames /second as opposed to present 24 frames / second earlier.

Not just the camera, the N8 is an equally excellent device with good hardware and a very responsive and vibrant 3.5 inch touchscreen which makes usage of this device a breeze. The speedy 600 MHz processor might sound puny in front of the bigger multi core competitors but it has been optimised so beautifully that there is virtually no lag in anything you do on this device.

Samsung Galaxy Note — 8 Megapixel (Price Rs 32,299)

Apart from having the biggest smartphone screen, the Galaxy Note is by far the fastest Android smartphone available to the Indian customers. The Galaxy Note is powered by a faster 1.4 GHz dual core processor and comes with a 5.3 inch Super Amoled plus screen and 16 GB inbuilt memory. This phone is almost 200 MHz faster than the Galaxy S2 which is very useful for doing memory intensive tasks like photography and image editing.

The device has an 8 megapixel auto focus camera with LED flash. The device manufacturer has managed to keep the size of the device slim even while incorporating a higher resolution sensor. In terms of video recording, the Galaxy Note offers 1080p HD video recording at 30 FPS. In fact, it is the highest ever frame rate attained by a smartphone in terms of video recording.

The 5.3 inch display is very useful for seeing pictures and especially while editing them on the go. The device has all the necessary hardware for speedier operation and is a breeze to operate even with the included stylus.

HTC Sensation XL — 8 megapixel (Price Rs 38,800)


The Sensation XL is HTC's first ever phone to feature a 1.5 GHz processor supplied by Qualcomm and a whole new interface with the latest HTC sense 3.5 UI. Backed by the latest Android operating system, this device works flawlessly and offers users unparalleled performance. The Sensation XL comes powered with Dr Dre's beats audio enhancement system along with a pair of tuned "Beats' headphones.

The Sensation XL, like its predecessor HTC Sensation, features an 8 megapixel camera which is capable of recording high definition videos in 720p HD resolution. The quality of the camera is good with both stills and videos. The camera also features auto focus to give precise but automatic control to the user. The Sensation allows manual tweaking as well with its touch focus feature that makes the camera focus on the point where the user wishes to.

The device features a 4.7 inch qHD resolution based touchscreen that makes watching pictures and videos fun. The device is complete with its great camera capabilities along with exceptional sound quality thanks to the Beats audio enhancement.

Sony Ericsson Xperia Arc -8 Megapixel (Price Rs 29,000)


Although Sony Ericsson has upgraded the Arc to Arc S, somehow the former gives better camera wise performance than the later. In the past, we have seen world class camera phones that offer best in class photography options and results coming from the brand Sony Ericsson and the Arc is no exception to that.

The Arc features an 8.1 megapixel camera with HD video capability featuring Sony's exclusive Exmor R (CMOS) based image sensor that enhances still images and videos even in low light conditions. The image quality is impressive while the device meets all expectations any shutterbug might have. It records 720 P videos and has a very capable flash for low light shooting as well.

The Xperia Arc is powered with a 1 Ghz processor from Snapdragon including a dedicated Adreno 205 graphics engine for faster operations and a 4.2 inch touchscreen display. The phone features a 512 MB of RAM and a 364 MB of ROM for speedy operations and the phone also comes bundled with an 8 GB microSD card and can manage up to 32 GB of external storage.

The phone also features touch focus, which allows users to manually select which area to focus on while capturing an image. Users can also leave the phone on full auto mode or can select smile detection for that perfect shot.



Tuesday, 20 December 2011

Top 10 Places to See Before 2012

A world tour is something that features on almost every person's bucket list.
Your life can simply not be complete before you visit some of the most definitive historical places around the world. With the end of the world edging in, its time to speed up with your travel plans and boook your tickets because we're deciding the places for you. Here are the top 10 places that you must see before 2012 strikes.

10. The Great Wall of China, China


Top 10 Places to See Before 2012

Be a part of history by visiting this incredible man-made wonder. Built and rebuilt approximately two thousand years ago to secure the Chinese nation against foreign invasion, this tourist attraction never disappoints its visitors. Stretching upto 8,851 kilometres, the Great Wall is a sight to behold and seeing it with your own eyes is way better than how the history books explained them.

9. Vatican Museums, Rome


Top 10 Places to See Before 2012

The Vatican Museum is a place seeped in history. Its collection of art pieces goes back to 500 years ago. Visiting a place that houses revered works of Leonardo da Vinci, Raphael, Filipo Lippi and Caravaggio isn't that bad a deal. Standing there, looking at some of the most defining art pieces of history, will definitely be one of the most enriching experiences of your life.

8. Angkor Wat, Cambodia


Top 10 Places to See Before 2012

Angkor Wat, a temple built in the early 12th century has fast become one of the greatest tourist places around the world due to its complex architecture, especially inside the temple. Walking through the monument can be a difficult task owing its confusing mix of chambers, porches, stairways and galleries. The challenge that the ancient monument presents, along with its significance in religious history, this place ranks high for adventure-seeking travellers.

7. Petra, Jordan


Top 10 Places to See Before 2012

Jordan's most prized possession without a doubt, Petra is a unique city created by the Nabateans, the ancient people of Jordan, by carving natural rock. This wonder is a major tourist attraction and give tourists the freedom to explore the place at their own will. The more interesting part of the site is that, it was featured in the 1989 Hollywood film 'Indiana Jones and the Last Crusade'.

6. Pamukkale, Turkey


Top 10 Places to See Before 2012

Pamukkale, meaning cotton castle, rightly gives the impression of being a landscape made out of cotton. The site contains calcium-laden waters that flow through it. The calcium rocks hold pools of water flowing down from the mountain Cal Daa Western Anatolia. The water is said to have healing properties which is one key aspect that drive people to visit it.
Rumour has it that Cleopatra had once bathed in these natural pools.

5. Great Salt Lake, Utah


Top 10 Places to See Before 2012

'America's Dead Sea' is actually a remnant of the prehistoric Lake Bonneville that has been landlocked. Being around the Salt Lake, you can witness the most exotic sunsets ever with distinctly different hues engulfing the sky. Kayaking (canoeing) across the lake is a worthwhile experience as it allows you to see areas that you wouldn't come across otherwise.

4. The Grand Canyon, Arizona


Top 10 Places to See Before 2012

The Grand Canyon is not one of those places where you just stand and admire the beauty around you. This famed place has a lot to offer to the backpacker in you which includes hikes, boat rides or rafting across the Colorado river, mule rides to the Phantom ranch, etc.

3. Pyramids of Giza, Egypt


Top 10 Places to See Before 2012

This is another of the many wonders of the world that continue to astonish us. The excellence of architecture and mystery surrounding its past make it the perfect place to add to your wishlist. It contains of three pyramids in the Giza Necropolis. It is also the only surviving one from the Seven Ancient Wonders list. When going visiting the pyramids, it is advisable to go in the mornings as it is quite likely that too many people turn up before you resulting which, you will be denied entry into the pyramids.

2. Santorini, Greece


Top 10 Places to See Before 2012

Santorini is perhaps the first place that springs to mind whenever you think of Greece. The island is a paradise for the sight with the deep blue waters, dazzling white houses and a panoramic view make it a delightful escapade. Hard to believe that it was a deadly volcano that resulted in the crescent shape of the island

1. Great Barrier Reef, Australia

The world's largest coral reef is also one of its most threatened destinations. The reef is a place that will fill you with wonder on seeing its breathtaking beauty. An ability to dive will be an added advantage as you can see the real abundance of marine life in its true form.
Top 10 Places to See Before 2012

Monday, 19 December 2011

Sunday, 18 December 2011

Did You Know....!!

1. If you are struck by lightning, your skin will be heated to 28,000 degrees Centigrade, hotter than the surface of the Sun.

2. The average distance between the stars in the sky is 20 million miles.

3. It would take a modern spaceship 70,000 years to get to the nearest star to earth.

4. If you dug a well to the centre of the Earth, and dropped a brick in it, it would take 45 minutes to get to the bottom – 4,000 miles down.

5. Your body sheds 10 billion flakes of skin every day


6. Every time you sneeze your heart stops a second.

7.The word “set” has the most definitions in the English language.

8.  Hummingbirds are the only creatures that can fly backwards.


9. The lighter was invented before the match.

10.When Alexander Graham Bell invented the telephone back in 1876, only six phones were sold in the first month.
 

11. Business.com is currently the most expensive domain name sold: for $7.5 million.

12. In 2001, the five most valuable brand names in order were Coca-Cola, Microsoft, IBM, GE, and Nokia.

13. In a study by the University of Chicago in 1907, it was concluded that the easiest colour to spot is yellow. This is why John Hertz, who is the founder of the Yellow Cab Company picked cabs to be yellow.

14. The largest employer in the world is the Indian railway system in India, employing over 1.6 million people.

15. All babies are colour-blind when they are born.



Friday, 16 December 2011


"The companies that survive longest are the ones that work out what they uniquely can give to the world not just growth or money but their excellence, their respect for others, or their ability to make people happy"

Wednesday, 14 December 2011

10 keys to bring more inspiration into your life


Have you ever asked yourself what is inspiration?

When the word inspiration is broken down into it's component parts, it simply means "in - spirit".

When you are living "in - spirit" You feel excited about yourself and your life. You have a special connection with all parts of your mind and body.

The question is how can we connect to our spirit at all times to take that actions that make all things possible ?

Below are ten keys to opening your doors to your inspiration.

1. The first key to inspiration is enjoyment. It would take a spiritual master to get inspired about doing the dishes. So find something that really excites you. It can be anything that you really enjoy.

2. The second key is love. When you are actively pouring love into what you are doing, this will guarantee that you are opening yourself to experiencing more inspiration.

3. The third key is to trust yourself. Listen to that little voice inside yourself and know that this comes from heart. This is called intuition.

4. The fourth key is to follow what your intuition tells you. The more you listen to it, the stronger your intuition will become. If you don't pay attention, that little voice gets fainter and fainter until you can no longer hear it.

5. The fifth key is to keep telling yourself "I can". These are some of the most powerful words that you can ever use. When you say this to yourself often enough, you build abridge between yourself and your inspiration.

6. The sixth key is not to listen to anyone that says "no you can't". They might think that they may not be able to, and try to project this negative belief onto you, but remember to keep telling yourself that, "I can! "

7. The seventh key is to believe in yourself. When you are backed by a strong belief in yourself and your dreams, nothing is impossible.

8. The eighth key is to avoid negativity. Ask yourself, do you really need to read the newspaper or watch the news on TV everyday ? Nothing kills inspiration quicker than being surrounded by bad news.

9. The ninth key is acceptance. Accept that on some days you feel much more inspired than on others. This is normal, nobody can be completely inspired every minute of the day.

10. The tenth key is possibly the most important of all. Take action every day, no matter how small a step it seems. Action is the fuel to the fires of inspiration. Make it a daily practise to keep your fire burning. The taking of actions, no matter how small, will fill you with inspiration for taking the next step.


Wednesday, 1 June 2011

DISCUSSION FORUM

Dear Students,

Welcome to the management discussion forum. Every week we will be addding a new topic related to management. You have to participate in the discussion by leaving your comments related to the topic.

TOPIC OF THE WEEK


EFFECTIVENESS OF MOTIVATIONAL TECHNIQUES ON THE EMPLOYEES OF PRIVATE COMPANIES

Tuesday, 31 May 2011

TICKLE YOUR BRAINS

Dear Students,

We are starting a series of quiz rounds on the blog. Every fortnight a new quiz will be updated on the blog. The rules for each quiz will be different. The winners will be announced at the end of the quiz.

QUIZ 1      IDENTIFY THE LOGOS

Rules Of The Quiz
  1. All the students of Baba Farid College of Management & Technology who are the followers of the blog can participate in this quiz contest.
  2. There are fifteen different logos of various companies.
  3. You have to identify all the logos correctly.
  4. Write your answers in the same order in which the logos are numbered.
  5. The person who first identifies all the logos correctly will be decalred as the winner at the end of the quiz.
  6. In case of any clarification, please feel free to post your comments.

Thank You
MBA BFCMT

REPORT ON NATIONAL CONFERENCE CONDUCTED BY BFCMT

Baba Farid College of Management & Technology under the aegis of Baba Farid Group of Institutions is managed by Baba Farid Vidyak Society which was founded in 1993 under the encouraging patronage of prominent educationists of Malwa Region of Punjab. The society aims at providing quality education at affordable fee along with preparing the young minds to face the competitive world on all fronts. The lush green campus, spread over 50 acres, is situated 4 kms. away from the municipal limits of Bathinda city on Bathinda – Muktsar Road. The campus offers  a host of hi-tech ultra modern facilities to ensure well planned education to its students.
A National Conference on 'Strategic Management of Business Development: Issues and Prospects' was organized by Baba Farid College of Management and Technology (BFCMT) on 20-21 April, 2011. The conference was aimed at providing knowledge – sharing platform of meaningful interaction to deliberate, discuss and recommend an actionable strategy on the development and dissemination of strategic management and its application to the development of business throwing a light on the future prospects. The Conference was addressed by a number of experts from the field of research, academics, business and industry who came from different parts of the country. More than hundred papers were received and selected papers were being published in the proceedings book bearing ISBN. Such a overwhelming response showed by the participants from all over the country and the highly commendable efforts of the organising committee made this first National Conference of BFCMT a tremendous success.
The papers presented in this conference rekindled the knowledge of scholars and academicians from various colleges and research institutes and also the industry professionals by exposing their skills and views in different advancing areas of Strategic Management.

THE INAUGURATION
The inauguration of the conference was done with lighting of lamp by the honourable Chief Guest Mr. Harish Mehta, former CFO of Gini & Jony kids wear and presently, an independent Management Consultant for some leading retail brands in India. The guest of honour and the key note speaker of the first session was Dr. Gurcharan Singh, Associate Professor, School of Management Studies, Punjabi University, Patiala. Honourable Managing Director of Baba Farid Group of Instituions, S. Gurmeet Singh Dhaiwal welcomed the guests, delegates, faculty and the students. In his inaugural address, Mr. Dhaliwal emphasized on the need for free mind and innovation and encouraged the students to enhance their skills for their overall development. The book of proceedings and Compact Disk was released during the inaugural session.

THE CHIEF GUEST
The Chief Guest of the National Conference, Mr. Harish Mehta appreciated the infrastructure and facilities provided by the Baba Farid Group of Institutions. He applauded the fruitful efforts of our honourable Managing Director, S. Gurmeet Singh Dhaliwal  for his contribution in the field of education. In his interaction with the faculty and students, he motivated them to achieve the goals of their life with confidence.

THE KEY NOTE ADDRESS
Dr. Gurcharan Singh, in his Keynote Address presented a paper on, “Sustainable Development in India: Perspective of Strategic Management.” He threw light on the present  growth scenario in India by justifying his thoughts with the facts and figures searched by him from an authentic data source. He stressed on the need of eradicating corruption from the country and fight against the major social and economic issues that are retarding the growth of the country.

TECHNICAL SESSION I      (20 / 04 / 2011)
The technical session started with the paper presentation of the delegates. The Chairperson of the Session was Dr. Ram Singh, Associate Professor, School of Management Studies, Punjabi University, Patiala. Some of the papers presented in this session included Financial Crisis Causes and Impacts, The Four P’s of Strategy Creation, Best Human Resource Practices in India. The papers presented were from all fields of management that described the implementation of various innovative and creative strategies for stimulating the business growth.

TECHNICAL SESSION II     (20 / 04 / 2011)
The technical session II was chaired by Dr. Amandeep Singh, Assistant Professor, University School of Business Studies, Guru Kashi Campus, Talwandi Sabo. The session was fruitful in terms of healthy discussions on news ideas for the betterment of employees in the organisation. The Pricing and Marketing Strategies were discussed in detail with special reference to Mc Donald’s. The new prospects of Green Marketing and environmental accounting were also a good learning.

TECHNICAL SESSION III    (20 / 04 / 2011)
Mr. Vikasdeep Aggarwal, Assistant Professor, University School of Business Studies, Guru Kashi Campus, Talwandi Sabo, chaired the technical session III. There were interesting research papers presented on ethics in Human Resource Management. Another research paper highlighted the role of personal effectiveness played in optimal management.

TECHNICAL SESSION IV   (21 / 04 / 2011)
The technical session IV Session II was marked by presentation of papers by the delegates from academics, industries as well as researchers and students. The Chairperson of the Session was Dr. Dayal Bhatnagar, Assistant Professor, University School of Business Studies, Talwandi Sabo. The paper presentations covered various aspects of Human Resources like Work-family Conflict in Dual Earner Couples, Changing Trends in Human Resource Management, etc. The paper titled, “Income Statement as Stakeholder’s Value Driver Working Capital Management - Enhancing Core Value” highlighted the importance of working capital. An interesting case study was presented on tourism prospects in Mizoram.

TECHNICAL SESSION V     (21 / 04 / 2011)
The session was chaired by Mr. Gaurav Garg, Head Training and Placement Cell, Baba Farid Group of Institutions, Bathinda. Informatory papers on Non Performing Assets of banks, Impact of financial crisis on Indian economy were presented. The delegates also presented their work of research on marketing strategies for growing business and factors affecting consumer behaviour. Overall, the session was quite interesting.

TECHNICAL SESSION VI   (21 / 04 / 2011)
Ms. Neetu Singh, Head of the Department, Baba Farid College of Management & Technology, Bathinda was the chairperson in this session. This session witnessed paper resentations from the students of BFCMT who shared their thoughts on some really interesting topics such as Black Money, Management Strategies in Mahabharat, etc.

THE VALEDICTION
The Valediction Ceremony started at 11:30 a.m. on the second day of the conference. The Chief Guest of that day was Er. Jaspal Singh, Chief Engineer Distribution, Punjab State Power Corporation Limited, West Zone, Bathinda. The valedictory session brought together the organisers, speakers, delegates, exhibitors and sponsors, from all over India to retrospect and put forth their thoughts and ideate over the culmination of the event. The inputs received at the session added to the glory and splendour of the conference. The guests and the delegates acknowledged the hard efforts of the institute from conducting a highly organized and well scheduled conference. The honourable dignitaries were honoured and the delegates were offered participation certificates.

THE CLOSING STAGE
The grandeur of National Conference on 'Strategic Management of Business Development: Issues and Prospects' came to its conclusion with the vote of thanks proposed by Dr. Manish Bansal, Director Principal, BFCMT. He extended his gratitude to the guests of honour, eminent speakers, scholars and delegates who presented their works at the conference. He also appreciated the efforts of the organizing committee for the successful conduct of the first National Conference of BFCMT.