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Global Business School & Research Centre

CORPORATE GUEST SESSION Managing Innovations Effectively - A guide for Management Students

Saturday, March 19, 2022 |Online |Events

IQAC (Internal Quality Assurance Cell) of Global Business School and Research Centre, in association with DPU's Institution’s Innovation Council, had organized a Corporate Guest Session on "Managing Innovations Effectively - A guide for Management Students ", as a part of the initiative towards promoting a creative and innovative mindset among the students,. This session was conducted on Saturday, 19th March 2022. The speaker for the event was Dr. Biranchi Jena, Consulting strategist and Service Delivery Performance Management specialist with significant exposure to operational effectiveness through advance analytics and process reengineering. This session was attended by 162 participants.

Dr.Jena has spent more than 20 years in Analytics, project management in organizations of highest repute and converted those experiences in building training and consulting modules in Business Strategy, Operations, Monitoring & Evaluation, Hospital Management, Healthcare Analytics, Market Research and overall leadership.Dr Jena was the Director at Institute of Health Management Research (IIHMR), Bangalore for more than 3 years and strengthens the strategy and consulting verticals including the NABH practices. Currently Dr.Jena is a supporting hospitals and organizations like TATA TRUSTS, AMRI Hospitals, SPERO healthcare Innovations Pvt. Ltd, Grant Thornton and Kantar Health. Dr Jena has also spent significant time in the leadership positions in the organizations like GVK EMRI, Novo Nordisk, Novartis and Govt. of India.

The event started by welcoming the speaker for the event. Dr. Ketki Bandavane started the session by welcoming the participants and introducing the speaker. Dr Jena spoke about the VEDA Matrix and made students understand how to manage Innovations through VEDA Matrix and how to effectively manage innovations in upcoming times. Further the speaker spoke about the value we create, we should know the value of why are we getting in touch with the customer. Value is mainly associated with Customer Delight. Establishing of the value, Dependency on delivering the value and Aspiration to scale up the value. He also spoke about the holistic framework for value creation.

Moreover, he explained how Innovations is always a self-driven function and why this topic is important for business students. Dr. Jena gave the example of famous author named Manish Sabrawal who wrote book named “Zero to One” in which he highlighted innovation thinking process. He said you should find the solution and create something invisible to visible i.e. zero to one. Dr. Jena said that 90% of the resources are based on the technology and how you should bring new and innovative ideas to the table.

The webinar ended with a question-and-answer session followed by a vote of thanks given by Ms. Hrutuja Tanawade from BBA.

Speaker: Dr. Biranchi Jena, Professor, HHM, GBSRC