Student Project Declaration
Student Project Declaration
I further declare that project work has been prepared personally by me after viewing the content under ‘We Tube, We Lounge and
Newswire’ and it is not sourced from any outside agency or any other student.
I understand that, any such malpractice will result into I being debarred for the subject viva and will be considered fail for that
subject.
I also understand that I will have to face very serious consequences and my admission to the program will be cancelled without any
refund of fees.
I am also aware that, I may face legal action, if I follow such malpractice. I hereby abide to take the viva faculty’s decision as final
for evaluation of Project We Like.
Shruti Sharma
Date: 4-August-2022
Index 2
WeLounge: Newswire:
1. Mr. Manish Kotwani 1. Personal Finance Tips: How to improve your finances
2. Face to face interviews- Process and Tips
2. Mr. Javed Akhtar
3. How can youngsters keep their credit cards safe
3. Mr. Adil Malia
4. What is Conflict? DEFINITION, TYPES AND CAUSES
5. How to take care of your cibil score for better financial planning?
6. Leadership is a relationship: Effective ways to build rapport with
WeTube: your team
7. Effective leadership needs effective followership
8. 5 tips to reduce real estate investment risks
4. Meeting Etiquette
9. Are you paying minimum amount due on your credit cards?
5. Mintzberg Managerial Roles KNOW THE IMPLICATIONS
6. Six Thinking Hats 10. Credit cards: KEEP AN EYE ON YOUR CARD UTILISATION
RATIO
7. Fish Philosophy
8. Employee Engagement
3
WeLounge
4
Sterling Talent Solutions, now known as Sterling Backcheck is a US based background screening company
Sterling is a world-class global provider of technology-enabled background and identity verification services, powered by robust
cloud platforms and differentiated by both deep market knowledge and exceptional client service
Sterling empowers over 50,000 clients, including over half of the Fortune 100, to make more informed hiring decisions, enhance
workplace safety, protect their brand, and mitigate risk.
Headquartered in New York City with operations around the world, Sterling conducts more than 95 million background checks
annually
Discussion with Mr. Manish Kotwani (2 of 4) 6
About Mr. Manish Kotwani
An ardent, seasoned and resilient HR Professional who combines Integrity, People centricity & strong HR processes as he builds
companies while managing careers. Manish possesses 19+ years of rich experience across the HR Consulting space, IT & ITeS
Industry and Professional services sector.
Manish heads the HR function for the product development &largest delivery centre based out of India and has remotely managed
International HR Operations across Philippines & OHIO (US). He is largely responsible for HR Strategy, framework design and its
execution across various sub-functions like Talent Acquisition, Talent Management & Organization Development and HR
Operations. Prior to Sterling, Manish has served organizations like Syntel, Serco erstwhile Intelenet and Lehman Brothers to name a
few and has transformed the way an HR team functions by bringing in collaboration, strategy and effectively partnering with
business.
Key Achievements
Most Influential HR leaders in India issued by World HRD Congress – Feb 2017
Top 100 HR leaders that Make a Difference issued by World HRD Congress- Feb 2018
Discussion with Mr. Manish Kotwani (3 of 4) 7
Role of social media in a HR Role:
Provides HR an opportunity to create a relationship with every employee in the organization, irrespective of their location
In order to ensure scalable growth and success for an organisation, HR constantly strives for to identify the right talent for the right job.
There is a constant war of talent in the market due to increased competition across domains. To control retention; HR focuses on the below:
i. How the organisation adds value to the organisation, employee and clients
iii. Review the reward strategy and implement as appropriate to benefit the employees, organisation
Discussion with Mr. Manish Kotwani (4 of 4) 8
Key Takeaways:
Candidates must learn to keep pace with the market and possess the Right attitude
Candidates applying for jobs should remain focused and consistent. Should be able to articulate ideas with quality along with content
About Travelport:
Reward Port is a one stop hub that helps you manage rewards, incentives, loyalty and any marketing activity that helps your
company manage relationships better
Reward Port is a promotional marketing company that designs ideas for your company to boost sales and promotions on both
online and offline
TravelPort has executed 11k programs across 6 countries such as India, Sri Lanka, UAE, Kenya, United Kingdom & Canada with a
clientele base of 750+
Provides clients with a dedicated team of experienced marketeers to ensure campaigns are executed with seamless ease and
perfection
Key Objective:
Started his entrepreneurial journey by Travel port and diversified by Reward Port
Key Achievement
TravelPort is a 4 times winner of Franchisor of the year in Travel by Franchising World Magazine, India
RewardPort has been awarded as the most innovative loyalty company 2011
Marketing agency of the year awarded by South Asian Business Excellence Awards 2019
Marketer of the year awarded by South Asian Business Excellence Awards 2019
Discussion with Mr. Javed Akhtar (3 of 4) 12
Adapted the Positioning strategy wherein divisions were made in the business and focus was implemented accordingly
Key Takeaways-
About Essar :
Headquartered in Mumbai, India; Essar Group is an Indian multinational conglomerate and construction company, founded by
Shashi Ruia and Ravi Ruia in 1969. As Essar Global Fund Limited, the company controls a number of assets across the core
sectors of energy, infrastructure, metals and mining, and services
The company has presence in sectors like steel, energy, power, communications, shipping ports, logistics and construction
Essar group continues to expand its global footprints, focusing on markets in Asia, Africa, Europe, America and Australia
Discussion with Mr. Adil Malia (2 of 4) 16
About Mr. Adil Malia:
Adil joined Essar in 2006 as our Group President HR and has since been a part of our journey to professionalize our leadership
and people management plant and programs
Mainly responsible for HR strategies, policies and programs which cater to organizational goals
Academically holds a Bachelors degree in Commerce as well as Law & Master's degree in Personnel Management and
Industrial Relations from Tata Institute of Social Sciences
Adil Malia has been a thought leader in the different dimensions of corporate transformation, people and leadership space for
nearly 4 decades now
Starting at 19 as a legal assistant, he has headed several positions in diverse industries like manufacturing, services,
infrastructure, FMCG, and retail; with global organizations like The Coca-Cola Company, Al-Futtaim, and GE Appliances
Passionate about people, he is a voracious reader, fond of poetry and music, and often indulges in humorous doodling,
calligraphy
Discussion with Mr. Adil Malia (3 of 4) 17
Key Achievements:
Winner of several awards & recognitions for his work in the industry, he has been awarded a Causa Honoris Doctorate in Philosophy
Degree only labels that one is available for a job. Degree alone will not fetch you a job. Capabilities built for the role is the key to
progression
Observe and absorb the culture of the new organization before deciding on a strategy.
Integrate all the people in the organization to achieve a common survival goal
No emotional connect with employees can lead to attrition and commercial relationship.
Organization may not be able to win professional battles
HR personnel should strongly believe in Give, Get, Grow & Guard to achieve the optimum balance
in an organization
19
Newswire
1. Personal Finance Tips: How to improve 20
your finances (1 of 2)
Money Management:
Money management is planning how to get the most out of your money
Includes- organizing your personal financial records, preparing personal financial statements and
creating a budget
Invest wisely
2. Personal Finance Tips: How to improve 21
your finances (2 of 2)
Ways to Improve Finances
A] Managing Finances:
B] Budgeting:
Save and invest wisely after all expenditures have been budgeted for
2. Face to face interviews- Process and Tips 22
(1 of 2)
Types of Interviews:
In-Person Interview Process: Face-to-face interviews are structured interviews conducted by trained interviewers who use a standardized
interview protocol and a standardized set of responses for recording participants' responses
Telephone Interview
Online survey
Focus Group
Software
3. How can youngsters keep their credit 24
cards safe (1 of 2)
With the increase in transactions, credit card users, especially the first-time and young users, are advised to apply extra caution in handling
these financial products
3. How can youngsters keep their credit 25
cards safe (2 of 2)
Tips to Eliminate safety concerns
Avoid sharing credit card: Enable pin/OTP authentication, cards should only be used in presence, restrict
giving your credit card to a third party including family and friends
Safeguard your password: Do not share passwords with anyone. Banks do not request for personal details
like passwords and OTPs. Refrain from sharing the same with anyone
Restrict Daily Credit Limit: Set a daily transaction limit to control domestic and foreign transactions
Monitor credit card statements and Cibil Score : Review statements in a timely manner and report
unauthorized transactions and validate Cibil reports to ensure there are no fraudulent credit lines open
without your consent
Tokenise Credit Cards: Tokenization is the process of replacing your crucial card information with a
unique code that can help protect your credit card from fraud like data theft
Getting your cards blocked: Incase of card information being compromised, report fraudulent transactions
to the bank immediately
4. What is Conflict? Definition, Types & 26
Causes (1 of 2)
What is Conflict?
Conflict is a condition or state of human interaction in which there is disharmony or a perceived difference in interests, needs, or goals. Conflict is a type of competitive
behavior between individuals or groups. When two or more persons fight over perceived or real competing aims or limited resources, it’s known as conflict
Social conflict often arises when 2 or more people have conflicting goals, When two or more people or groups think they have conflicting goals. The dictionary
definitions define the conflict noun as a disagreement, dispute, or clash between people.
Types of Conflict?
1. Content conflict : Disagreement over the ideas or opinions being expressed while dealing with a certain issue
2. Relationship conflict : Personal disagreement between two people affects their relationship
3. Process Conflict: Disagreement over the way in which something should be done
4. Task Conflict: Disagreement over the goals or objectives that need to be met while working on a project
5. Affective conflict: Disagreement that results from a personal dislike or animosity between two people
6. Cognitive Conflict: Occurs when people have different opinions or perspective on an issue
7. Conflict between Individuals: Takes place when their goals, needs, or values are different or when they have opposing opinions on an issue
4. What is Conflict? Definition, Types & 27
Causes (2 of 2)
Types of Conflict? (Continued)
8. Conflict between groups: Known as Intergroup conflict. Occurs when the goals, needs, or values of one group are different from those
of another group
9. Conflict within a group : Disagreement that takes place among the members of a group. It is also understood as intragroup conflict. It
can be caused by conflict of interests, goals, or opinions within the group
10. The conflict between organizations: Occurs when the goals, needs, or values of one organization are different from those of another
organization
11. The conflict between nations : Caused by different economic, political, or social interests
Causes of Conflict?
Different values, belief, opinions, personalities, interpretation of facts, values, goals, needs
Communication problems
Score of 650 or above on a scale of 300-900 to be generally acceptable enough to have a loan acceptance without any complications
A] Repayment of Dues:
Repay EMIs or debts in time. Longer one’s outstanding debts remain unpaid, the greater the influence on one’s CIBIL score & Stay within income restrictions
The amount of revolving credit you're currently using divided by the total amount of revolving credit you have available is called as the Credit Utilization Ratio
6. Leadership is a relationship: Effective ways to 30
build rapport with your team (1 of 2)
What is an Effective Leadership?
The best leaders are able to empathize, or understand and share feelings, with their team members. Integrity. Effective leaders live by strong values that guide their
decisions and behaviors. They know right from wrong, are honest in their interactions with others, and practice ethical leadership
Listen More : Always listen to what your team has to say. Unlock
Be Humble: Share credit for successful projects with team. Seek for guidance if a solution is unavailable
Emotional Intelligence: Comprises of empathy, social skills, self-awareness, self-regulation and motivation
Appreciate: Excellent motivator as it not only encourages and boost performance but positive emotions as well
Establishing shared values for common goals: Translate vision into reality
6. Leadership is a relationship: Effective ways to 31
build rapport with your team (2 of 2)
Difference between Leader and Boss:
Boss Leader
Makes
Micromanages employees feel
valued
While wins and losses, all boil down to the effectiveness of leadership. However, it partly depends on the
followership; hence, understanding your followers is critical to the effectiveness of your leadership
Research conducted by Robert Kelly in 1988 published in “In Praise of Followers,” categorizes followership in
4 types under 2 parameters being:
A] Critical Thinking- Focuses mainly on organizational goals and being mindful of surroundings
Reasoning
Analyzing Evaluating
Decision
Problem
Making
Solving
Analyzing
7. Effective leadership needs effective followership (233
of 2)
Alienated: “capable but cynical, alienated followers sarcastically criticize the leader’s efforts, frequently hold back
their own effort, or sink gradually into disgruntled acquiescence”
Conformist: “eager to accept orders and to willingly defer to a leader’s authority. They yield to the leader’s views and
judgments”
Pragmatist: “gamespeople who manipulate others and the organization to their benefit”
Passive: “people who haven’t developed their followership skills…they basically do nothing”
Exemplary: “capable of and exercise independent and critical thinking apart from the leader or the group”
Conclusion:
Followers are not all the same. Some merely join, adding their names to the membership list and doing nothing more.
Others collaborate with leaders to further some goal in which they believe − a social cause, a creative idea, a new
product, a special service, a worthy person [(The Power of Followership, Robert Kelley (1992)]
8. 5 tips to reduce real estate investment 34
risks (1 of 2)
What is income from real property?
An income property refers to a piece of real estate that is purchased or developed primarily
in order to earn income by renting or leasing it out to others, with a secondary goal of price
appreciation. Income properties, which are a subset of investment properties, may be either
residential or commercial
2. Geographic Diversification: Before investing in multiple geographies, it is advisable to do the research correctly and get insights
into past track records of individual geographies
3. Asset Diversification: Putting the money across assets such as residential, commercial, retail, warehousing, etc. optimizes the
overall returns
5. Evaluate Your Time Horizon: Real estate is a tangible asset and requires a lot of patience. Advisable to access the risk appetite and
evaluate the time horizon
9. Are you paying minimum amount due on your credit cards? KNOW
36
THE IMPLICATIONS (1 of 2)
What is Minimum Payment Due (MAD):
The minimum amount you are required to pay, on or before the payment due date, to ensure that you do not
have to pay late fees
By calculating a minimum amount, the bank ensures you can repay a portion of the principal outstanding
every month
The minimum amount due is calculated as 5% of your balance outstanding or the sum of all instalments,
interest/other bank charges, the amount used over the credit limit and 1% of the remaining balance
outstanding, whichever is higher
9. Are you paying minimum amount due on your credit cards? KNOW
37
THE IMPLICATIONS (2 of 2)
Interest Charges:
When you carry a balance from month to month, interest is accrued on a daily basis, based on what's called
the Daily Periodic Rate (DPR)
Interest free period from the start of the billing cycle date shall not exceed 45 Days
Interest will be charged on a daily accrual basis if you do not pay the previous bill amount in full on or
before the due date
Interest will be charged from the date of transaction until the date of settlement
Others:
The amount of revolving credit you're currently using divided by the total amount of revolving credit
you have available
Offers attractive benefits such as cashbacks, discount coupons, cashbacks, reward points
To pay on time
10. Credit cards: KEEP AN EYE ON YOUR CARD
39
UTILISATION RATIO (2 of 2)
Credit Utilization Ratio (CUR)
Splitting expenses on various cards will help reducing CUR on each card
Alternatives to a credit card are top up loans or personal loans considering the high interest rates on credit card
40
WeTube
1. Meeting Etiquette (1 of 3)
41
What is a Meeting Etiquette?
Meeting Etiquette refers to codes of behavior an individual ought to follow while attending
meetings and discussions at the workplace
Handshake Etiquettes:
Stand, if seated
The earliest examples of business cards were actually called "Visiting Cards," first appearing in
China in the 15th Century
Logo, Company name, Tagline, Your name & title, contact details, Address- online & physical,
social media handles
Interpersonal Informational
Decision Roles
Roles Roles
The
Figurehead Recipient
Entrepreneurial
Disturbance
Leader Disseminator
Handler
Negotiator
2. Mintzberg Managerial Roles (2 of 4)
45
Interpersonal roles
The interpersonal roles are ones that involve people (subordinates and persons outside the
organization) and other duties that are ceremonial and symbolic in nature.
Interpersonal Roles
Figurehead Leader Liaison
- Symbolic head; required - Maintains a network of
- Responsible for motivation
to perform a number of and direction of subordinates outside contacts who provide
routine duties of a legal or favors and information
social nature
- Virtually all managerial
activities involving - Acknowledgement of mail,
- Ceremonies, status subordinates external/board work
requests, solicitations
2. Mintzberg Managerial Roles (3 of 4)
46
Informational Roles
Informational roles are those in which you gather and then pass on information
These roles have changed dramatically as technology has improved
These roles mainly involve the movement of information
Informational Roles
Monitor Spokesperson
Disseminator
- Receives wide variety of - Transmits information to
- Transmits information received
information; serves as nerve outsider on organization’s plans,
from outsiders or other subordinates
center of internal and external to members of organization policies, actions and results;
information of the organization serves as expert on
organization’s industry
- Forwarding mail into organization
- Handling all mail & contacts, for information; verbal contacts
categorized as concerned-
involving information flow to - Board Meeting; handling
subordinates, such as; review contacts involving transmission
primarily with receiving sessions
information of information to outsiders
2. Mintzberg Managerial Roles (4 of 4)
47
Decisional Roles
The decisional roles entail making decisions or choices
Example: Example:
- Strategy & review sessions involving initiation or - Strategy & review sessions involving disturbances
design of improvement projects and crises
Decisional Roles
The Six Thinking Hats is a role-playing model presented by Edward de Bono in 1986
"Six Thinking Hats" is a way of investigating an issue from a variety of perspectives, but in a
clear, conflict-free way
Removes Ego from discussion. Helps make decisions better
Your thinking varies from the hat you wear
Look meticulously and look for alternatives beyond obvious solutions
3. Six Thinking Hats (2 of 3)
49
Parallel Thinking
Cooperate. Coordinate
Concerned with ‘what can be’
At any moment, everyone is looking at the same direction
Everyone views same situations per their perspective depicting parallel paths. Few use emotions,
facts, logic, etc.
Align thoughts and come on same track
3. Six Thinking Hats (3 of 3)
50
4. Fish Philosophy (1 of 3)
51
Owner of Pike Place Fish, says most of the market’s success has come
because “we’re playing.”
Objectives:
Employee engagement exists when the employee feels connected to work in below
segments:
Physically
Intellectually
Emotionally
5. Employee Engagement (2 of 4)
55
What does employee engagement matters?
Defined by commitment and passion; engagement is a key differentiator when it comes to growth and innovation
Committed and focused towards customer satisfaction
Ability to retain top performers, attract new talent, and increase performance throughout the organization
Boosts morale and helps engaged employees satisfied with their work
5. Employee Engagement (3 of 4)
56
Factors Affecting Employee Engagement
Employee
Rewards
Social Employee
Relations Wellness
Drivers of
Employee
Engagement
Brand Workplace
Alignment Culture
Career
Growth
58
Thank You!