JBIMS holds entrepreneurship event ‘Ensight 2007’ and elimination round of ‘Strategym’

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MBAUniverse.com News Desk |
July 21, 2016
Mumbai based Jamnalal Bajaj Institute of Management Studies (JBIMS) held the elimination round of its annual business convention ‘Strategym’ and its entrepreneurship event ‘Ensight 2007’ on August 24 and August 26.

The elimination round of Strategym research paper presentation competition focused on short-listing papers that ranged from Carbon Credits to Debt Market Development in India to Online Gaming. On the other hand Ensight 2007 had three live cases to solve and business insights from start up gurus like Mr. Alok Kejariwal (Founder contests2win), Mr. Jinesh Shah (Noted VC), Mr. Rajesh Dalal (Johnson & Johnson), Mr Ankur Gupta (i-I Movement and Mind management) and Ms. Purvi Sheth (Shilputsi consulting).

Strategym is positioned as a platform for the students to present their perspectives on the management discipline in front of industry stalwarts and benefit from their insights. According to JBIMS, “The event aimed to stimulate the acumen of students at JBIMS, giving participants a chance to apply knowledge and insights they have acquired from their business courses to a relevant industry problem."

Prof. Sidney Prabhu judged the papers and short-listed 6 papers out of 15. These short listed papers will be presented at the final round in October 2007. The six topics short-listed include Online Gaming, Carbon Credits, Social Sensitivity Index, Indian Airports Development, Developing India's Debt Market and Grading of NGOs.

During Ensight the panel of distinguished personalities shared the experiences, challenges, trials and tribulations, and triumphs they encountered en route their entrepreneurial success stories.

Recounting his journey Mr. Kejariwal said, "An entrepreneur goes through 14 to 18 hours of hell everyday, only to return to it the next day. He fights his family, people and the world to bring his all consuming passion to life." He also shed light on how every successful venture was a result of an untapped need and why it was important to pass the baton on to the next generation at the right time.

Outlining the essentials for an entrepreneur, Mr. Jinesh Shah said, "A passionate person who believes in his idea, a crisp and concise business plan, and a clear entry and exit strategy is what we are looking at when it comes to funding."

Mr. Dalal enlightened the students with the term 'CREBEL' - a creative rebel and how these CREBELs are the most invaluable assets of a business, because they were not merely employees, but businessmen in themselves.

After the question and answer session, the event culminated with the best team for each case winning cash prize of Rs 3000 each and a chance to gain a better perspective from the panelists on how to put their plans in action.