CMAC H A N D I G A R H M A N A G E M E N T A S S O C I A T I O N

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eNewsCMA’S MONTHLY NEWSLETTER

March 2017

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My Dear Members,

Greetings from Chandigarh Management Association!

March has been another meaningful month at the ChandigarhManagement Association. CMA organized its first everNetworking Meet 2017 and got wonderful response from itsrespected members for making networking meet a greatsuccess. As many as 50 new members were inducted during theoccasion out of which 12 new members were made on the eventday.

I feel elated as I share that we could make 14 students membersof CMA fraternity as an impact of Young Managers Contest beingorganized in the month of February across tricity graduatecolleges.

On Wednesday 10th May 2017, CMA will celebrate its GoldenJubilee Management Day. The function will be attended bymanagement professionals from industry, government,academia, media and management students. I do hope youwould be able to join us on this special occasion along with yourprofessional friends and make the Golden Jubilee Yearcelebrations a huge success.

Hope to see you all on 10th May.

Thanks and Regards,

Dr. Aneet Bedi, President (2016-17)

Volumn:50 Number:09

DESIGNATION NAME

President Dr. Aneet Bedi

Vice-President Dr. Niraj Pasricha

Secy. General Mr. Deepak K. Dhingra

Joint Secy. Dr. Surinder K. Sharma

Treasurer Mr Surinder Verma

Member Mr. Amrit Lal Davessar

Member Mr. Chanchal M. Singh

Member Prof. J.P.S. Nindra

Member Mr. J.S. Bedi

Member Ms. Madhulika Kak

Member Mr. R.K. Nayyar

Member Mr. S.B. Khullar

Member Dr. T.L. Kaushal

Co-opted Mr. Ashok Verma

Co-opted Mr. Lalit Kumar Bajaj

Co-opted Mr. Manjiv Kumar Vohra

Co-opted Dr. S.K. Chadha

Special Invitee Mr Anupam Gakhar

Special Invitee Mr. N. K. Bajaj

Special Invitee Ms. Pooja Chopra

Special Invitee Mr. Rohit Aggarwal

Special Invitee Brig Saranjit S. Sahney

Special Invitee Mr. Uma Kant Mehta

Special Invitee Dr. Deepak Jindal

For Internal Circulation Only

From President’s Desk…

AN ISO CERTIFIED ORGANISATION

Expert talk on Asset Allocation Events of the monthCMA organized an expert talk on Asset Allocation.The talk was given by Mr. Prabhdeep S. Manocha,Senior Vice President and Regional Director,HSBC, Global Asset Management.

Mr. Manocha explained the Asset Allocation andsaid Asset allocation is an investment strategythat aims to balance risk and reward byapportioning a portfolio's assets according to anindividual's goals, risk tolerance and investmenthorizon. The three main asset classes - equities,fixed-income, and cash and equivalents - havedifferent levels of risk and return, so each willbehave differently over time.

Mr. Manocha stressed upon having a diversified

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portfolio. He elaborated its benefits as it aims tomaximize return by investing in different areas thatwould each react differently to the same event. Mostinvestment professionals agree that, although it doesnot guarantee against loss, diversification is the mostimportant component of reaching long-rangefinancial goals while minimizing risk. However, thereis no simple formula that can find the right assetallocation for every individual. However, theconsensus among most financial professionals is thatasset allocation is one of the most importantdecisions that investors make. In other words, theselection of individual securities is secondary to theway that assets are allocated in stocks, bonds, andcash and equivalents, which will be the principaldeterminants of your investment results.

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Chandigarh Management Association organized specialinduction program at The Taj Hotel, Chandigarh for itsnew members. As many as 50 new members wereinducted in the CMA’s induction program which wasallotted membership number and given theirmembership certificates along with CMA’s souvenir - TiePins and Cufflinks.

ISO Certification and Induction Ceremony

Congratulations to the CMA Fraternity!

Recently Chandigarh Management Association got an ISO:9001 certification. It could becomepossible only because of the earnest and dedicated efforts of Mr. Rohit Aggarwal. Now CMA is anISO certified association. Dr. Aneet Bedi, President, CMA along with Past Presidents of CMA andher Executive Council presented the ISO certification to its members in an event held on 25March2017 at The Taj Hotel, Chandigarh.

Chandigarh Management Association bags ISO Certification

The induction ceremony was conducted by Dr. SurinderSharma, Joint Secretary, CMA. During induction, oneorganizational life member, 22 life members, 13 Individualprofessional members and 14 student members wereinducted into Chandigarh Management Associationfraternity.

Induction of New Members to CMA fraternity

A vision…

Inspired from the strong belief in “Be Unique and differentin your precise approach, for accomplishments of yourgoals”, I got an opportunity to conduct an interactivesession on “Journey from Getting Noticed to GettingHired” for Data Analysts. Addressed B.Tech. students inBusiness Analytics, E-Commerce and BFSI domain, of aleading university in Northern India region. The session andopen interaction with the students aimed to sharpening oftheir skills in respective areas by enhancement offunctional and behavioral skills, sharing of case studiesfrom industry and success mantra to growth.

The professional journey starts from the enhancement ofthe inner core (skills development) to get noticed. Afamous quote by Allan Rufus says “Your inner strength isyour outer foundation” and one can enrich theirabilities(inner core) to sharpen the analytical skills by:

Self-study and Discovery: Self-study and discovery are thefoundation for building analytical skills. One must bepassionate and enthusiastic to experiment, thus todiscover their skills in new design, reasoning andquantifiable analysis.

Numeracy Skills/ Measured Reasoning: Data Analysts don’tneed to be mathematicians, but they need to understandthe correct usage of numerical methods. The objective isto recognize how to interpret/ understand data and theresults of numerical models.” An analyst should be opento look forward for analyzing the data in different ways, asper the expectation of the management/ client.

Data Picture and Data Analysis: Build a data picture/ dataknowledgebankto find, manage, and interpret data,including not just numbers but also content and pictures.To practice the same, you can design various surveys andfeedback forms related to different functions in acompany, products/ services of a company and satisfaction

A Journey from getting noticed to getting hiredby Hitesh Kumar Gulati, Executive Consultant, DiversityAce Business Consulting (www.diversityace.com)

surveys. These practices in return helps you in analyzingthe data in different ways in order to improve thedepartment functioning or product/ service enhancementstrategies.

Case Study for Analysts - People, Process and Culture playa crucial role in the performance of a business unit.Analysts in the field of HR can utilize Workforce Analytics[basic details like Date of Joining (DOJ), Date of Birth(DOB), etc.] to find out the age groups of people - dept.wise, band wise. On the other hand, to get a feel about theculture, individual meetings with some employees and HRrelated feedback surveys, may in turn help HR Analysts indesigning/ re-designing the HR processes and systems asper the demographics, and acceptability of the newsystems will become easier.

Skill set coupled with a platform to display the same, helpsyou in completing the journey from getting noticed togetting hired. Get noticed with your own Info-graphicresume/ profile. Developing linguistic and presentationskills may help you in presenting your profile in an info-graphic way, thus to positionyourself spaced out fromother professionals and look unique. Enhancedpresentations combined with a clarity of words/ messageselection, don't ensure you accomplishment but improveyour chances of getting near to accomplishment.

The success mantra to growth for analysts/ any professionis “Unlearn to learn New”, equipped with the requiredskills, platform to display skills and with the willingness toexplore different case studies in analytics. Self-Introspection, developing listening ability, travelling/reading and solitude can help us in developing an attitudeto learn new and view things from different perspectives inlife. The main goal for you is to get better with everyanalysis that you deliver.

Page 4CMA does not necessarily subscribe to the view expressed, which are solely those of the author’s. CMA shall not be held responsible or liable for any liability arising out of publication of this e-newsletter.