Parivartan 07 @ IIT-D: Selection

Team Anveshan comprising of Abhishek Jain,Gaurav Kakkar,Somansh Bansal andVishal Dedhia has been short listed for the simulation game contest My Firm at Parivartan07@IIT-D which is scheduled to be held on 3-4 Feb.

MyFirm is a simulation game for managers with entrepreneurial ambitions. It recognises that the entrepreneur must not only establish his firm; he must also manage it for survival and profitability. A firm cannot sustain merely on the strength of great product idea; it must be managed.

MyFirm is a 2-day competition that tests the manager-entrepreneur's ability to effectively manage the entire value chain from sourcing inputs to product development to marketing finished goods to handling the finances to planning for human resources. All this is beyond any individual effort, and calls for a team-like approach in management. MyFirm tests the entrepreneur's willingness to withhold his personal agenda in favour of team management. MyFirm demands that he is able to read beyond easily visible data and see more than what the competition does. Finally, effective teams in MyFirm will take decisions to manage the present while planning for its future, without ignoring one view for the other.

MyFirm will be conducted by MANTIS. Dr Vinod Dumblekar owns MANTIS, India's only organisation devoted solely to business management education through the application of simulations and other experiential techniques. More than 15,000 professional managers and B-School students in India and abroad have learnt from his games.

- Bistrobanter, New Delhi