Monthly Archives: October 2014
Mr. Santhana Anandraman, Head – Risk & Compliance at GASCO – UAE in an interactive session with the students of IBA
Mr. Santhana Anandraman, Head – Risk & Compliance at GASCO – UAE interacted with the students of IBA on the topic ‘Organization Resilience Through Enterprise Risk Management’.
Mr. Santhana started off the session by asking students a question. What will be their biggest nightmare being the manager of a company? After deliberations, the answer came out to be – A landslide decline in company’s share prices and Manager getting fired! He stressed that a big reason of debacle at work for Managers happens when they fail to link the events and their interdependence. Hence, it is important for Managers to have an Overall Awareness of all the events in their company.
He declared that of all the technical reasons for the ‘The Financial Crisis’ of 2008, ‘Greed’ amongst a few was a major root cause; ethical practices were kept at bay and companies were satisfying their greed. He went on to define ‘Resilience’; which in his words is ‘The ability to come to its original form’. It is like the company facing huge losses but bouncing back to their original position in due time (may be months or years).
He stressed that a good product might be sufficient for starting a business, but it is not enough for business continuity; for this organisations need to have a resilience framework. He also emphasised over the presence of indicator systems and plans which will be implemented during times of crisis; both being important in a company’s resilience.
Towards the end, Mr. Santhana enlightened students over the various aspects of risk, types of risk and the role of a Risk manager in a company. The session came to an end as Mr. Santhana explained how, not just Business activity but Human activity too, has risks associated with it.
Presenting the October issue of “GONDOLA”.
Presenting the October issue of “COMMUNICAZIONE”.
Date: 1st October 2014
Mr. Subrahmanya Gupta Boda, Chief Information Security Officer at GMR Group enlightened the students of IBA with an interactive session on the topic ‘Skills for Digital Age’. Before joining GMR Group, Mr.Subrahmanya worked with Mercedes-Benz R&D from 1996-2010 in various roles in India, Germany and US. He holds a Masters in Engineering from BITS, Pilani and BE from Andhra University.
The session started with Mr. Subrahmanya asking the students a couple of questions about their transferable skills and its importance in the market. He stressed on the importance of Communication skills, Teamwork and Market awareness. He interacted about the latest Technology trends with the students and how the scope of trends like Cloud computing and Digital Marketing.
He advised students to be cautious of additional certifications as initially he feels enhancing working knowledge, being creative and being oneself. He subsequently detailed the reason behind companies investing in IT – ‘Innovation in processes, Ease of Administration and Low productivity error. In his own words “The World is Flat” and it is a matter of debate where the IT services market is heading with new services and product innovations coming to the fore from everywhere with every passing year.
Towards the end Mr. Subrahmanya enlightened students of the various types of services offered by IT companies – ‘Application management, IT consulting, Web hosting, Database management, Cloud based services and many more’. As the session ended Mr. Subrahmanya wished all the students a bright future and blessed them for being patient listeners.