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3.4.4 TechnologyManagement Including Manufacturing Strategy 100 Marks
Course Content
1. Corporate Strategyand manufacturing
Pitfallsof functional based strategies
StrategicIntegration of manufacturing and Marketing
Conceptof Order Winners and Qualifiers
2. Technology Management and New Product Development (NPD)
Corporate Strategy and New Product Development
Organizationfor NPD
3. Technologymanagement and Idea Generation for NPD
Discoveringcustomer needs
Sourcesfor new product ideas
Marketassessment and value analysis
Evaluationof new product ideas
4. Technologymanagement and NPD project selection
Assessmentof product concept
Assessmentof competitors
Concepttesting
Financialanalysis of projects
5. TechnologyManagement and Product design
Integratedproduct design
Designfor Quality using Quality Function Deployment
Designfor Reliability
Designfor Manufacturability
6. Order Winners andQualifiers
Dimensions of Order-winners and qualifiers — manufacturing -specific. not
Manufacturing-specific,not manufacturing related
Determiningorder winners and qualifiers
RelatingManufacturing and markets— price, quality, reliability, speed
7. Process Choice
BusinessImplication of process choice — project, jobbing, line, batch.continuous
Hybridprocesses — batch related, line related
TechnologyStrategy — flexibility, push vs pull, technological opportunities
8. Product Profilingand Manufacturing
Manufacturingand product life cycle stages
Manufacturingfor multiple markets
Manufacturingand incremental marketing changes
9. Focusedmanufacturing and Group Technology
Principlesand concepts
Methodology
10. Make or Buy
Coreelements of the business and strategic considerations
Spanof process and product technology
Productvolumes, costs
Investmentdecisions
11. ManufacturingInfrastructure
Structure— specialists generalists
OperationalControl — quality. inventory manufacturing
12. Basics of WorldClass Manufacturing
GeneralPrinciples
DesignPrinciples
HumanResource Principles
Quality and Process Improvement Principles
CapacityPrinciples
13. Just- in TimeManufacturing
Principles
Practices
l4. Time-basedCompetition
Timeas a competitive weapon
NewProduct Development and time to market
15. Mass Customization
Markettrends
Pre-requisitesfor mass customization
Technologiesfor mass customization
16. Theory of Constructions (TOC)
Basicsof TOC
Drum-Buffer-Ropesolutions to manufacturing
Tooin project management and supply chain management
Reference Text :
Operation managementfor competitive Advantage by Chase-Jacobs - Acquilano
3.4.5 BusinessProcess Re-engineering & Benchmarking 100 Marks
Course Content
1. Business ProcessFundamentals
Definitionor Business Processes
Businessprocesses and functional processes
Importanceof focusing on business processes
2. UnderstandingBusiness Processes
Customerfocused analysis of business processes
Identifyingvalue adding activities
3. Visualizing BusinessProcesses
Introductionto flowcharting
Typesof flowcharts — block diagrams, functional flowchart withtime-lines
4. Types ofre-engineering
ProcessImprovement with cost reductions
Achievingbest-in-class with competitive focus
Radical change by re-writing the rules
5. Organizing forProcess Improvements
Settingup teams, choosing team leaders
Trainingteams for process improvements
6. Benchmarking
Originsbenchmarking — Xerox approach
Definitionof benchmarking
7. Internalbenchmarking
Benchmarkingagainst the best the unit
Benchmarking against the best in the group.
8. Externalbenchmarking
Benchmarkingthe best in the industry
benchmarkingthe best in any industry
9. Re-engineering andInformation technology
Flowchartinginformation Flows
UsingIT to speed up processes
3.4.7 World Class Manufacturing Practices 100 Marks
Course content:
1.Principles ofJapanese manufacturing
2. Total productivitythrough such practices
a.Kaizen
b.T.P.M..
c.S.M E.D
d.5-S Principles
e. Housekeeping
3. Getting the employeeinvolved in above
4. Problem solvingtools such as
a.TOO Tools — problem solving
b.TOO Toots — Management
5. Indian examples ofsuccessful Japanese Manufacturing Practices & benchmarking
Reference Text
1 Toyota ProductionSystems - Taichi Dhno• Kaizen Masaki Imai
2. Chroniel of aQuality Detective - Dr Shrinivas Gondhalekar. Poyal Sheth
3. Beyond T 0 M - ByRobed L Flood
4. T Q M Process - By Gopal Kanji. Mike Asher
5. Publications ofJMAM. viz
6. Combo Kaizon,ifl5-S, in) Total Production Maintenance
3.4.8 AdvancedSupply Chain Management 100 Marks
Course Content :
1) Understanding thesupply chain
a)What is a supply chain?
b)Decision phases in a supply chain.
c)Process view of a supply chain.
d)The importance of supply chain flows.
e)Competitive Supply Chain Strategies.
f)Achieving strategic fit.
2) Network design inthe Supply Chain.
a)The role of network design in-the supply chain.
b)Factors influencing network design decisions.
c)A framework for network design decisions
d)Models for facility location and capacity allocation.
e)Making network design decisions in practice.
3) Designingdistribution network in a supply chain
a)The role of distribution in the supply chain.
b)Factors influencing distribution network design.
c)Design option for distribution network.
d)Distribution network in practice.
4)Inventory Managementrisk pooling
a)Introduction
b)A single warehouse inventory example
c)The economic lot size model.
d)The effect of demand uncertainty
e)Risk pooling
f)Centralized versus recentralized systems.
g)Managing inventory in the supply chain
5) The valueinformation
a)Introduction
b)Bullwhip effect
c)Effective forecasts
d)Information for the coordination of systems.
e)Locating desired products
f)Lead time reduction
g)Information and supply chain trade-off.
h)Designing the supply chain for conflicting goals
6) Supply chainintegration
a)Introduction
b)Push. Pull and Push-Putt systems
c)Demand driven strategies, Collaborative Planning ForecastingReplenishment CPRP) concept
d)Impact on internet on supply chain strategies. (E -.business)
e)Distribution strategic. Direct shipment. Cross-docking, Milk run.transshipment
7) Internationalassessment test/ projects and presentations.
8) Strategic Alliances
a)Introduction
b)A framework for strategic alliances.
c)Third party / fourth party logistics
d)What are 3PL/4PL Advantages and disadvantages or 3PL, 3PL issues andrequirements?
e)Retailer supplier partnership
f)Types of RSP, Requirements of RSP. Inventory ownership In RSP. Issuesand steps in RSP
implementation,Advantages and disadvantages of RSP.
g)Distribution Integration, Types of and issues In DistributionIntegration.
9) E-procurement andoutsourcing
a)Introduction
b)Outsourcing benefits and risks.
c)A framework for Buy / Make decisions.
d)E-procurement
e)A framework of E-procurement.
10) InternationalIssues in Supply Chain Management
a)Glob& market / Technological/ Cost/ Political and EconomicForces.
b)Risks and advantage of International supply chain.
c)International versus Regional products.
d)Local autonomy versus central control.
e)Regional differences in Logistics- Cultural differences/infrastructure/ performance expectation and evaluation, Informationsystems availability, human resources.
f)Global business logistics
11) Lean manufacturingand SCM
a)Basic elements of lean manufacturing
b)Benefits of lean manufacturing
c)integration of lean manufacturing and SCM.
d)Mass customization, characteristics of mass customization.
e)implications and benefits of mass customization
f)SCM for mass customization.
12) ProcurementManagement in Supply Chain -
a)New Paradigms in Inventory and purchase management
b)Just in time, Elements and benefits of JIT systems.
c)Vendor Managed Inventory (VMI)
d)VMI Business Model.
e)Steps in setting up VMI, Benefits, challenges and limitations of VMI.
f)Overcoming limitations of VMI
13) Customer Value andSCM.
a)Introduction
b)The dimensions of Customer Value.
c)Conformance to requirements. product election, price and brand.Value-added services Relationships and experiences.
d)Strategic pricing
13) Customer Value andSCM.
a)Introduction
b)The dimensions of Customer Value.
c)Conformance to requirements. product election, price and brand.Value-added Services. Relationships and experiences.
d)Strategic pricing
14) PerformanceMeasurement and Control in Supply Chain Management
a)Introduction and concept of Benchmarking
b)Gap Analysis
c)Key action in benchmarking for best practices
d)Overview of Supply Chain Operations Reference (SCCR) Modeling
15) Ethical issues inSCM
a)Supply chain vulnerability
b)Conformance to applicable laws such as Contract and commercial laws,trade regulation, government procurement regulations,. patents,copyrights, trademark laws, transportation and logistics laws andregulations, environmental laws..
c)International practices.
d)Confidentiality and proprietary information.
Note: All the abovetopics need to he supplemented by case studies.
Reference Text :
1. Supply ChainManagement-Strategy, Planning and Operation By Sunil Chopra and Pet
Meindi (PearsonEducation, New Delhi)
2. Supply ChainManagement Concepts and Cases By Ranul V. Aitekar çPrealce allIndia.
New Delhi)
3.4.9 MaterialHandling and Transportation. 50 Marks
Course Content
1. 20 Principles o(Material Handling
2. Palletisation
3. Containerization
4. Transportation ModesI Attributes
5. Transportation mixin Economy
6. Total cost conceptin Material Handling and Transportation.
Reference Text
• Integrated Material Management — P. Gopalakr-ishnan
• Stores inventory Control — KS. Menon,
• MachineryHandbook
3.4.10 New productdevelopment and concurrent Engineering 50 Marks
Course content:
1. Defining forbusiness goals
2. Time bound Researchand development and prototype manufacturing
3. ConcurrentEngineering concepts and practices for easier quicker delivery ofprototypes
4. Applications of VANEat design stage.
5. Successful pilot runand production sing
Reference Text
1. Operations andIndustrial Management - Donald Delmar
2. OperationsManagement — Decision Making in the operations funcation — RoqerSchvoerier
3. Operations Management for Completive Advantage - Chase — Jacobs -Acquilanc
3.4.11 IndustrialEngineering Applications and Management 100 Marks
Course content
1. IndustrialEngineering definition & applications
2. I.L.O. book ofindustrial Engineering Standards.
3. IndustrialEngineering and productivity
4. P,Q,R,S.T concepts&i plant (shop layouts and selection of materials handlingequipment
and storage systems
5. Pre determinedmethods & time systems (PMTS) & application of low costautomation,
6. Ergonomics —Definition and applications
7. Origination MethodsApplications in office and white collar productivity
Reference Text :
• Industrial Engineering Applications and Management — Philip Hicks
• MathematicalTechniques in industrial Engineering - Shone K J.
• Handbook of industrial Engineering & Management — Ireson. V Ca;id Grand Ii
• QualityDetectives — Dr. Gondhalekar & Payal Shetty.
OptionalGroup— Information Technology
3.5.1 SoftwareEngineering - UA 100 Marks
Course content:
• Exposure to software development process— Software Lifecyclessuch as Waterfall, Spiral. Prototyping, Rational Unified Process,Agile Methodologies — Various phases in each lifecycle model! andthe pros and cons of these approaches to software development (2
sessions)–
• Analysis and Designof information systems (4 sessions)
oAssessing the Feasibility of a system
oGathering detailed requirement
oUse of Structured methods such as Data flow, Entity Relationshipdiagrams etc —
oUse of Object Analysis and Design
oUse Cases and visualization of the IT based solution
oDesign of Inputs Outputs and other Interfaces
• DocumentingSoftware requirements - various documents used at different stages of
softwaredevelopment process — User Requirement Specifications — (2sessions)
• Software Estimation — challenges iii Estimation of software -methods of software estimation such as Line of Code, Function Point,COCOMO, Use Case Point Method etc — Estimating a Coding Task versusnon-coding activities such as Documentation etc (2 sessions)
• Software Quality and Testing —Need for testing, Qualityassurance of software at each phase in the lifecycle, Various typesof tests such as Black box v/s White box, Functional test! Codereviews Stress tests, load tests etc Use of Use Cases for functionaltesting, Preparing Test Data and Test Cases, overview of Automatedmethods for testing —(2 sessions)
• Review of Student Presentations on exercise which requires themto analyses a business process, document the requirements, Analysisand Conceptual design of the system estimation of the software size(1 Session)
Reference Text
• Systems Analysis and Design by James
• Software Engineering by
• OOAD –Buch and Rambaugh
• UML by Wrox Publication
• OOAD & UML. by Rambaugh
• Software Metrics
• NassomReports and Nasscom for industry perspective
• Strutted system analysis and design : Concise study Ed : 1: Kelkar SA
3.5.2 TechnologyPlatforms 100 Marks
Course content
• HardwareTechnologies — Awareness of various platforms in the presentcontext and the
broadtrends in these platforms — comparisons across platforms etc
oEnd User Hardware – Desktop, Laptops, other mobile devices,
oStorage Technologies: Storage technologies such as Direct Attachedstorage
storage Area Networks (NAS), Storage Area Networks (SAN) , devicesfor backup
etc
oServer Technology platforms - popular server technologies such as theIntel, Sun based etc more specialized platforms such as for CRAY etc
oNetworking Platforms: (this could be dealt with In greater detail Inthe subject of networking - however a mention of This would benecessary for completeness
• Software Platforms—
oOperating System Platforms - Windows Unix, Linux (open sourceplatforms) — overview of OS principles and key differences betweenthe various platforms — impact from buyers perspective
oDatabase Platforms — Commonly used data based technologies based anthe Relational and object relational concept. Databases for datawarehousing and other
specializedapplications
• SoftwareDevelopment Platforms.
oWeb Platforms —various protocols used for the internet, theinternet Protocol,
HTTP,email Protocols, FTP, etc
oBasics of HTML — basic tags required to develop a transactionoriented form — concepts related to dynamic HTML
oOverview of one or more scripting Languages such as VB VB Script/Java Script ASP, PHP
oOverview Dot Net and Java platforms — essential Differences
oOverview of Platforms required for e-Commerce applications
oOverview of platforms and protocols required for mobile computingenvironments
•Future of Platforms
ReferenceText :
1.Godbole A.S. . — Operating systems
2.Steven Holzner — Visual Basic S Programming
3.Doanid Leach. Aiticd Malino - Digital Principles and Applications.
3.6.3 EnterpriseApplications 100 Marks
Course content:
• Overview of ITapplications in a common manufacturing cum marketing organizations,
• Overview ofApplications In various Industry verticals such as Banking andfinance Retail
Telecom, Healthcareetc.
• Enterprise ResourcePlanning (ERP) - Functional view of business processes and how
they are integratedsing an ERP. Benefits of ERR
• Supply ChainManagement — Need for Supply chain integration. Applicationoverview of
supply chain solution,advanced concepts such as Demand planning and Supplier
Relationship management— functional and product perspective
• CustomerRelationship management — Concept of CRM, modules of a CRM productand
what they do — suchas sales force automation, forecasting, contact management etc
• BusinessIntelligence and Data Warehousing —
o Purpose of DataWarehousing, difference between data warehouse and a
conventionalDatabase, Data warehousing products. Steps in building a data
warehouse— Extraction, Transformation and Loading (Eli.) etc Data marts v/sData
Warehouse
o MultidimensionalAnalysis tools
o Data Mining —Concept of Data Mining, Various models and algorithms for mining,
technologytools used for data mining
• KnowledgeManagement - Need for KM, Types of Knowledge, Capturing storing,reusing
Knowledge implementingKM initiative application of KM in various industries
• Enterprise ContentManagement— role of content management — ERP and other
Transaction relatedrecord, Web content and other understructure content. Integratingcontent management in organization workflows and ERP systems etcExamples of content management tools and applications in variousbusiness
• Enterprisesportals- Concepts of an enterprises portal, benefits to anorganization, technologies available for building such portals.
• EnterprisesApplications integration- Challenges in integrating variousenterprises applications – evolution of platforms neutral conceptssuch as XML to achieve integration - other modern technologies forapplication integration
Reference Text
Demo / Screen Shots ofERP Software such as SAP, CRM, and SCM products
3.5.2 TechnologyPlatforms 100 Marks
Course Content :
•HardwareTechnologies — Awareness of various platforms in the presentcontext and the
broad trends in theseplatforms — comparisons across platforms etc
oEnd User Hardware – Desktop, Laptops, other mobile devices,
oStorage Technologies: Storage technologies such as Direct Attachedstorage
storage Area Networks (NAS), Storage Area Networks (SAN) , devicesfor backup
etc
oServer Technology platforms - popular server technologies such as theIntel, Sun based etc more specialized platforms such as for CRAY etc
oNetworking Platforms: (this could be dealt with In greater detail Inthe subject of networking - however a mention of This would benecessary for completeness
• Software Platforms—
oOperating System Platforms - Windows Unix, Linux (open sourceplatforms) — overview of OS principles and key differences betweenthe various platforms — impact from buyers perspective
oDatabase Platforms — Commonly used data based technologies based anthe Relational and object relational concept. Databases for datawarehousing and other
specializedapplications
• SoftwareDevelopment Platforms.
oWeb Platforms —various protocols used for the internet, theinternet Protocol,
HTTP,email Protocols, FTP, etc
oBasics of HTML — basic tags required to develop a transactionoriented form — concepts related to dynamic HTML
oOverview of one or more scripting Languages such as VB VB Script/Java Script ASP, PHP
oOverview Dot Net and Java platforms — essential Differences
oOverview of Platforms required for e-Commerce applications
oOverview of platforms and protocols required for mobile computingenvironments
•Future of Platforms
ReferenceText
1.Godbole A.S. . — Operating systems
2.Steven Holzner — Visual Basic S Programming
3.Doanid Leach. Aiticd Malino - Digital Principles and Applications.
Systems– Electives :
3.5 .6 ManagingTechnology Businesses100 Marks
Course content:
• Overview of the IT / IT/TES/ Telecom and related businesses InIndia and the world —
segmentsof these Industries ,growth, forecast trends, key players, reasonsfor their success etc
• Study of variousbusiness models Including onsite/shoring, e-commerce, e-business,
commerceand pure play ‘e’ models.
• Challenges forthese businesses in the domestic and International markets such as
BusinessDevelopment, Pricing, Set up & Infrastructure Costs, Talentmanagement
Licensingcosts & Intellectual property rights, Mergers and Acquisitions ,Customer Contract
Managementand SLAs , managing Innovation legal Issues, Special Incentives and
schemessuch as the Export Processing Zones etc
• Case Studies ofsuccessful and unsuccessful technology companies
Reference Text
• A Guide to PMBok —Project Management Institute
• Various Cases onthe subject .— Prof Pradeep Pendse
• Managing ITInfrastructure — TMI
3.5.7 IT Governanceand Compliances 100 Marks
Course Content :
• Need for ITGovernance (COBIT Framework)
oOverview of various Standards and governance framework
oIntroduction to the COBIT Framework as an umbrella framework
oCOBIT Domains, Key Process Areas and Process
oImplementing COBIT in an organization
oAn Audit perspective of COBIT
• Overview ofother compliances:
oIT Act
oSarbanes Oxley and the Graham Bleach Act
oBS-7799/ISO 27000
oITL/ITSM
oRBI and other Banking Regulations and Bessel I I (for Banks)
oData Protection Act
oEtc
Reference Text
• COBIT 3.0/4.0 —IT Governance Institute
• BS — 7799 — IT Security Standards
• Appropriate Standards like Sarbanes Oxley
• IT Act 2000
3.5.10 InformationSecurity and Audit 50 Marks
Course content
• Need forinformation in an organization
• IdentifyingInformation Assets in an organization
• Threats and risksto Information
• Broad strategiesfor managing Information Security risks
• Discussion ontechnical controls in the area of:
oOperating system
oData base
oSoftware Ceve1opmenl process
oNetwork controls
oAccess control
oPhysical Controls
oControls for remote access
oInternet related control - including spam. Publishing viruses NetWare etc
oControls for wire less set ups
oControls in the context for Mobile and portable devices
oHardware related controls
• Considerations fordeciding appropriate choice of controls
• Basic principles ofAudit in the context of information security
• A process view ofInformation security – overviews of the BS -7799/ISO 27000 standard
Reference Text
• IT SecurityGovernance Institute (ITGI)
• BS. 7799/ISO/IEC1799
• BusinessApplication (System & Web) Process Flow and Security
• Database Security
• Network andcommunication security
• BusinessContinuity Management
3.5.11 SoftwareArchitecture 50 Marks
Course Content :
• What Isarchitecture?
• Why SoftwareArchitecture ?— goals and purpose of architecture
• Types ofArchitectural views of software — Project Managers view. Theengineering view.
the User case view etc4+1 view of architecture
• Layers ofarchitecture — organizational Architecture, InformationArchitecture,
,
IT ArchitectureApplication Architecture etc
• What is a Pattern ?Application to software design, benefits of using design patterns
• Explanation of keyDesign patterns — GRASP Patterns etc
• Explanation of KeyArchitectural patterns
• Overview ofEnterprise Architectural Frame work The Zachmanns Framework
Reference Text
• Art of SoftwareArchitecture — AJbn Stepehn.
SecondYear - Fourth Semester
4.1 ManagementControl System — UA 100 Marks Course content:
1. Financial goal setting - Analysis of Incremental ROI - SensitivityAnalysis Developing
financialgoals along organizational hierarchy - Concept and technique ofResponsibility
BudgetingAnalytical framework for Developing Responsibility Budgets -Integrating
ResponsibilityBudgets Integrating Responsibility Budgeting with MBO System.
2. ORGANIZATIONAL GROWTH Responsibility centers and profit centers -identification
andcreation of profit centers. profit centers as a control system De-Centralization and profit
centers.
3. Mechanics ofdetermining profit objectives of profit centers - problems andperspectives or
transferpricing Linear programming technique for determining divisionalgoals in a
multidivisional company - Problems of growth and corporate control.
4. CONTROL IN SPECIALSECTORS : Scrap Control . Control of R & D Project
Control- Administrative Cost Control - Audit - Efficiency Audit - InternalAudit
GovernmentCost Audit . Management Audit. Financial Reporting to Management
Underconditions of price level change Objective and methodology
5. Measurement of Assets Employee . Application MCS in Public SectorService Organization
&Proprietary Organizations
Reference Text
• Anthony &Govindrajan – Management Control Systems (Tata McGraw- Hill)
• Maciarrillo &Kuby – Management Control Systens (Prentice Hall India)
• Management ControlSystems – N. Ghosh (Prentice Hall India)
4.2 Business EthicsCorporate Governance
Course Content :
1. Evolution ofthrough ethics in business — Culture and ethics — overview ofethics
system,Attitude, Belief A life patterns— Social Economics values andresponsibly
trusteeship management — Gandhi an Philosophy of wealth management Ethics and
Indianmanagement - Basic framework of Normative ethics Ethics and decision— Making,
Socialresponsibility of business — Ethical aspects of corporate policy,morality and
rationallyin Foal Organization — Moral Relationship between individual and
Organizations.
2, Relationship between ethics and Corporation Excellence —Approaches for Developing
VariousOrientation towards Ethical business Behavior
3. CorporateGovernance — including suggestions of the Adrian Cadbury-report
Kumarmangalamreport and their ethical ramifications.
4. Ethics in International scenario —housing on the unique naturea I ethical determines in a
cross—cu1riral setup guidelines for resolving and examples atcorporate transgressions
5. Moral Evolution of the firm – dealing with the stages ofEthical growth and Organization
andcategorization of Indian trains – national corporate at variousstages of growth
Reference Text
1. Ethics of Managementby Hosmer
2. Ethics ofManagement by Charaborty
3. Ethics by ChandraSekhar
4. What is Ethical inEthics by John Henderson
4. 3.Entrepreneurship Management 100 Marks
Course Content :
(A) EntrepreneurialPerspective:
Concept ofEntrepreneur, Entrepreneurship and Enterprise ; advantagesEntrepreneur
1)Nature and Development of Entrepreneurship; Gender Issues inEntrepreneurship. -
2)The dynamic role o Small Business? Industry in Economic Development
3)Personality of an Entrepreneur! Entrepreneur
4)Innovation and Entrepreneurship
(B) The EntrepreneurialEnvironment:
1)Policy Perspectives in India to promote Entrepreneurship
2)Analysis of Business Opportunities in different sectors of economy atNational and Global levels.
3)Quick - start Routes to establish an Enterprises (Franchising,Ancilliarising & Acquisitioning)
4)Support Organizations for an Entrepreneur and their Role
5)Legal framework for starting a Business industry ri India.
(C) The EnterpriseLaunching
Product/ Project Identification
Developing a ProjectReport/ Business Plan
BusinessFinancing including venture Capital Finance
Managingearly growth of a Business, Incubation Program
NewVenture expansion – strategies and issues
ReferenceText
1.Beyond Entrepreneurship – By James C. Collins, William C. Lazier
2.Entrepreneurship Management – By P. N. Singh, By J. C. Saboo
3.Dynamicsof Entrepreneurial – By Vasant Desai
4.Entrepreneurship Development in India – By Biswanath Ghosh
5.Literature Published by Support Institutions, Viz
i)SIICOM ii) SIDBI iii) MSSIDC iv) NSIC
4.4 ServicesManagement 100 marks
Course content:
1.Introduction — Nature of services
2.Market positioning
3.Service delivery system.
4.New service development
5.Services marketing mix decisions
6.Managing demand, capacity and service assets
7.Service processes — managing service encounter
8.Customer satisfaction and service quality
9.Customer complaints and service recovery
10.Managing service profit cha
11.Managing customer relationships
12.Managing people in service organizations
Reference Text
1. Zeithami. V. M. J.Bitner, aV 0. Greniler (2006), Services Marketing . 4h Ed. McGraw H2I
2. Lovelock C . P.Patterson, and F., Walker (2004). Services Marketing : AnAsia-Pacific and Australian Perspective, 3’d Ed. Pearson EducationAustralia
4.5 Environmental Management 100 Marks
Course content :
1. Significance ofenvironment management - Broad outline of National Environment –policy
Definitionof Environment with particular reference to management.
2. EnvironmentalIssues relevant to India.
3. Present status ofEnvironment Management
4. Major issues Scope of Environment Management Role and Functionsof the government as a
planning,organizing. directing. Implementing and controlling agency.Managerial aspects
involvedin Environment management.
5 Environment QualityManagement - Overview of the role and responsibility of theindustries
6. Total QualityEnvironment Management, ISO 1400 EMS Certification
7. Major Legislationlike air (P & C. P) Act, Water (P & C. P) Act. Environment Protection.
Act1986 Wild life Protection Act etc.
Reference Text
• Krishnamoorthy : Environmental Management (Prentice – Hall India)
• VijayS Chirtris : Changing face of the planet and Environmental Law (SnowWhite)
• Tietenberg : Environmental & Natural Resources Economics(Pearson)
• G.N. Pandey : Environmental Management (Vikas)
• Y.K. Saxena & N. K. Oberoi : Environment Emplaned (Excel)
• N.K. Oberoi : Environmental Management (Excel Books)
Electives
4.6 ProductivityTechniques 100 Marks
Course content: -
1. concept of Productivity - application in manufacturing andservice industries, application in different functional areas.
2. Measurement of Productivity - partial. Multi factor and TotalFactor-Models, Sumath’s Total Productivity Model.
3. Approach to Productivity improvement - Classic ILO approach,lmai’s KAIZEN approach elimination of 3 M’s (Muda, MUra, Muri).
4. Value Analysis and Value engineering - Functional Analysis -Brain Storming . Evaluation and implementation Phases, Practicalapplication for product and process development and cost reduction.
5. Learning Curves - the concept of learning curve, itsapplicability, barriers to its application. quantitative estimationand implication of the learning curve, practical applications inindustry.
6. Job Evaluation - Objectives and need for job evaluation,techniques - point crime and lob classification, Relation between jobevaluation, wage structure and Modern approach through multi skilling
7. Wage Incentives - Financial Motivation techniques, piece rate andtime saved based systems, Profit Sharing Systems, Scanlon Plan.
8. Work Measurement - objectives, methods - time study. worksampling. Pro- determined motion time systems - applicability andlimitations. Process observations. determination and improvement ofvalue adding ratio through reduction of Muda (waste)’
9. Diagnostic Techniques - kedner – Trgre Problem Analysisdecision Analysis and Potential Analysis, Practical applications withcase studies Shirose’s phenomena Mechanism Analysis & conceptof Mura (inconsistencies and it elimination).
10. Quality Circles - Relationship with total quality Management objectives , seven tools-Pareto Analysis, Scatter diagrams- use insolving chronic problems Organizing for quality Circles, Structure,method of implementation of Quality Circles
11. Creativity Based Techniques . Brain Storming, Whole BrainThinking Normal Group Techniques. Use in Creative problem solvingwith practical applications
12. Ergonomics - Concepts, design of workplace to suit the humanbeing use of anthropometric data. principles of motion economy.effect of environment of productivity - Hawthorne experiment. Designof work station, use in conjunction with process Concept of Muri (nonvalue adding strain ) and its elimination.
Reference Text
1. ProductivityTechniques — P. S. Shrike
2. Introduction towork study – A Handbook ---ILO
3. ProductivityJournals Handouts
4 . 6 Total QualityManagement 100 Marks
Course content:
1.Introduction and evaluation of quality movement
2.Contributions of Shewhart, Deming, Juran, Felgenhaum. Crosby
3.Contributions of Japanese pioneers Ishikawa, Taguchi. Taichi Ohno,Shigeo Shingo
4.Statistical quality control basics.
5.Basics of stamping & reliability.
6.Quality tools and techniques
7.Quality improvement and Total Employee Involvement
8.JIT manufacturing and Lean manufacturing through waste elimination
9.Six Sigma tools, quality circles
10.Stastical process control, process capability studies
11.Cost of quality — Juran / crossby.
12.CMM/ PCMM
13.Quality Management in services — the SERVQUAL Model
Reference Text
1. TQM in this ServiceBy R. P. Murthy, R.R.Lakhe
2. Total Quality — ByInstitute of Directors
3. 100 TOM Fools — ByMike Asher, Gopal Kanji
BeyondTOM — By P L Flood
4.6 ProjectManagement 100 Marks
Course cement: . -
1. Introduction Conceptof Project Management. Scope & coverage. Project Function in an
organization— Layoutof Project Department. Role of Consultants in Project Management.
2. ProjectIdentification Selection of product identification bf marketpreparation of feasibility
Study /report Projectformulation —Evaluation of risks preparation of Project report.
3. Selection oflocation & site of the project — Factors affecting location -policies of Central —
Stale Governmenttowards location— Legal aspects of project management.
4. Financial analysis:— Profitability Analysis — Social cost Benefit Analysispreparation of &
budget an Cash Flows.
4) Materials Managementin Project Planning — Procurement— storage — disposal.
5). Financing of theProject :- Source of Finance — Cost implications thereat FinancialInstitutions,
Guidelines for fundingRisk Analyst5 — Sensitivity Analysis.
6. Quantitative Aspectsof projects - PERT/CPM Network Analysis for monitoring of theproject
Other quantitative techniques for monitoring and control of project.
7. ComputerApplications : Selection of software packages for application toproject management -
Reference Text
1. PMP - Proc-ctManagement Professional - Study Guide - By Kimi Heidma
2 Project Management- By S. Choudhary
3. Text Book ofProject Management - Sy P Gopalakrishnan, V. F Ramamoorthy
4. Project Management’- 3y Prasanna Chandra
5. Project AppraisalBy P K. Mattoo
6. Project Management- By Vasant Desai
As business owners, we understand what it takes to build a successful company. We’ve invested more than $10 million in over 50 of them.
Two of our managing partners have extensive experience as operators and investors in a variety of information technology businesses, including those that employ software, hardware, apps, analytics, IoT and/or AI technology and provide transformative, value-added outcomes for businesses and consumers.
One of our managing partners has been a serial entrepreneur in this space. Another has lengthy experience with a wide variety of technology innovations that will enhance business processes and operations.
Technologies that provide value to businesses and create change — whether it be materials-based, green-focused, IoT or new electronic capabilities.
Technology (materials, IT, analytics) applied to the health and wellness market space is an area in which we are very interested and involved. Our networks and resources in the health and wellness space are extensive.
Typical investments by Sofia are from $100,000-$500,000 in $500,000-$2 million rounds of equity. We are looking for opportunities where ideally there are no more than 2-3 subsequent funding rounds and exits are within 3-5 years. Preferred investments are in the form of preferred stock in C corporations. Only US registered corporations will be considered.
Companies should apply directly to Sofia Fund using the application link on this site. We are currently investing from Sofia Angel Fund II.
Deals are reviewed regularly by the screening committee and interest will be communicated. Deals candidates will be asked to present to the Sofia Fund managing partners, followed by due diligence, if appropriate.
Cathy Connett is CEO and managing partner of Sofia Fund, which invests in high-growth women-lead businesses. She is also president and founder of CorConnections, which specializes in guiding businesses through new business initiatives, equity infusions, ownership transitions, and the building of alliances and partnerships. Cathy’s clients have included Sage Electrochromics, North Star Photonics, Hot Shot Products, JJ Hill Library and Hermes Floral.
Cathy is committed to making a difference by fostering the economic value created by small to medium-sized businesses. Cathy has served as the director of the Center for Entrepreneurship at the University of St. Thomas and, for the last 19 years, helped initiate multiple programs to support the entrepreneurial community, including the Minnesota Seed Capital Network, Women to Women (W2W) investment group and the Sofia Angel Fund. She has also served twice as a judge for the regional Ernst &Young Entrepreneur of the Year awards. Cathy has served on a number of private company boards, including Smarte Carte, Hot Shot Products, Woodland Container Corporation and Vixar and non-profit boards including MDI, Minnesota Project Innovation and the Harvard Business School Alumni Association, where she chaired the board, which serves the 65,000-member international alumni community. Cathy’s formal education includes an engineering degree from Vanderbilt University and an MBA from Harvard Business School. She has a diverse operational background in all functional areas, in union and non-union environments and in a wide range of B2B industries and marketplaces. Her experience includes roles at large companies such as Procter & Gamble, Boise Cascade and 3M as well as within start-up and small private companies.
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Lisa Crump is founder of Cairn Ventures, a company focused on making early stage investments in high-growth potential companies in the Midwest. She is also a managing partner of Sofia Fund, which invests in high-growth women-led businesses. Lisa has more than 25 years of leadership experience in start-up and later-stage growth companies in the technology manufacturing sector. She is co-founder of Stratasys, Inc. (NASDAQ: SSYS), a high tech manufacturer of 3D printers used for rapid prototyping and additive manufacturing.
Lisa is one of the company’s original directors, and was corporate officer and led marketing and European sales distribution when total revenues were $36 million. A trailblazer in medical 3D modeling, she led a talented team to secure FDA approval for the first 3D printer used in a hospital setting in support of surgeons for enhanced patient outcomes. Lisa served as board chair of MedModeler, LLC, a Stratasys spinoff for utilization of rapid prototyping technology with medical imaging modalities. She began her business career as the executive responsible for distributor sales and marketing for SI Technologies, Inc., a semiconductor equipment and weigh-scale gauge manufacturer that grew to $35 million in revenue before being acquired. Lisa holds a BA from Washington State University and earned an MS degree from Portland State University. She completed the ISS-Certified Director Training Program at UCLA’s Anderson School of Management and Wharton Business School Executive Education courses. She has served as a director, investor or advisor to many companies and organizations. She’s active in supporting community based non-profits, including High Tech Kids as a judge and sponsor for the engagement of youth in the sciences. She supports entrepreneurs in the community, with a focus on helping change the trajectory for women in growth-oriented companies. She’s active with Minnesota Venture Conference, WE* (westart.mn) Initiative at the Holmes Center for Entrepreneurship/University of Minnesota, MN Cup, Twin Cities Start-up Week and Pitch Fest. Lisa is a founding member of Growing Women’s Capital and an active member of Gopher Angels and the national Angel Capital Association.
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Joy Lindsay is the president and co-founder of StarTec Investments, a private venture capital firm founded in 1998 focused on investing in high-tech companies based in the Midwest. Joy is also a partner of Sofia Fund, which invests in high-growth women-lead businesses. Joy is a member and past chair of the Minnesota High Tech Association board of directors, a member of the Advisory Board at the Holmes Center for Entrepreneurship at the University of Minnesota, The Advisory Board of the Office of Technology Commercialization at the University of Minnesota, and has served as secretary and vice president of the Minnesota Venture Capital Association.
Joy is a judge for the Minnesota Cup business plan competition and serves on the planning committee for the annual Minnesota Venture and Finance Conference. Joy takes an active role in StarTec’s portfolio companies, and routinely serves as a board director or board observer for a number of early stage companies including Apprise Technologies, Field Solutions, Restore Products, WindLogics, Kidizen, Pramata, Halo Innovation, and Iconoculture. Joy served on the state of Minnesota’s Science and Technology Advisory Commission, was earlier appointed by former Governor Pawlenty to the 21st Century Tax Reform Commission, and was a member of the Twin Cities Advisory Council of the Minneapolis Federal Reserve Bank of Minneapolis. Prior to founding StarTec, Joy was a senior vice president in the Westlaw division of West Publishing (now Thomson Reuters). She started her career at West Publishing in software development, and held numerous leadership positions in IT, customer support, account management and sales. After the sale of West Publishing to Thomson Reuters, Joy participated on a transition team of six executives to oversee the integration of two companies. She has a B.A. in mathematics from Carleton College and an MBA from the University of Minnesota.
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Laura McCoolidge is a managing partner of Sofia Fund, as well as founder and CEO of Raven Enterprises, a CFO boutique consulting company. Clients of Raven Enterprises have ranged from early stage biotech companies to real estate development companies.
Laura has had the opportunity to serve as the director of two Midwest angel networks, the Mid-America Angels and the Nebraska Angels. The Mid-America Angels network is comprised 100+ angel investors, investing in seed stage companies located in the broader Midwest region. Prior to Mid-America Angels, Laura served as the Executive Director of the Nebraska Angels for five years. Under Laura’s leadership, the organization grew to become a leading angel network in the Midwest. The number of investing members expanded by 100 percent while deploying just over $16 million in capital across 31 portfolio companies. During her tenure with Nebraska Angels, Laura collaborated with the regional angel network leaders to establish a Midwest Angel coalition, a syndicate of angel networks working together to streamline deal opportunities, communications and resource support. Additionally, Laura participates as a mentor in Pipeline Entrepreneurs and serves as a board director for NE Enterprises LLC, an organization created to evaluate early stage and international investment opportunities for the University of Nebraska Medical Center. Laura graduated from the University of Nebraska – Lincoln with a bachelor’s degree in accounting and finance.
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Dee Thibodeau is the founder and CEO officer of Charter Solutions, a Women Business Entity (WBE) Certified Minnesota-based consulting firm focused on bringing fresh perspectives to tough business problems through a potent combination of business experience and technology expertise in the areas of analytics and professional services. Charter Solutions is alliance partners with both Tableau and AWS and concentrates in the healthcare, financial and government areas across the United States. Dee is also a partner of Sofia Fund, which invests in high-growth women-led businesses.
Dee has led Charter Solutions in delivering sustained profitability and annual revenue growth while maintaining over 80 percent of clients in long-term customer relationships. Her expertise and passion are focused on business process improvements that profoundly increase business quality and efficiency. An experienced board member, entrepreneur, and investor in emerging companies, Dee has made companies successful by creating highly productive teams focused on strategic planning, customer relationships, sound business practices and innovative uses for new and existing technologies. She has served in top executive positions in the technology and financial industries since 1986, when she served as president of the largest computer training facility in the Midwest. She has been president of Arco Transcription and EDI Solutions, a translation software developer, where she negotiated its merger with St. Paul Software and served as executive vice president thereafter. Dee has a Bachelor of Science degree from the Minnesota State University, Mankato, and attended the Executive Management Development Program at University of St. Thomas. She currently serves on the M Health Board, and Chair of Patient Care and Quality, Minnesota High Tech Association and Women’s Health Leadership Trust Board. She has served on a number of boards including M Health, BRAAS, Dri-Steem, Milestone Investments, The Credit Company, Microworx, Women Corporate Directors, Minnesota Visiting Nurse Association, among others.
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Deb Bauman, Brigid Bonner, Jeannine Rivet, Barb Stinnett
Since 1998, Sofia Fund and its managing partners have invested more than $10M in over 50 companies.
Sensor-based equipment for the aerospace, environmental and process control markets.
Acquired by Ecolab.
Trusted experts in sun safety, Coolibar designs, manufactures and markets sun protection clothing.
Acquired.
Life science tools focused on the area of nucleic acid purification products.
Acquired by Qiagen.
Consumer research and advisory firm that provides consumer trend and market research services.
Acquired by CEB.
Technology-based strategy and marketing firm aligned with Salesforce.com.
Acquired by Mindtree.
A clinical stage biotechnology company revolutionizing the treatment of debilitating gastrointestinal (GI) diseases by harnessing the power of the human microbiome. Develops standardized and stabilized, regulated drug products that restore the gut microbiota.
Acquired by Ferring Pharmaceuticals
Provides clinically proven, at-home treatment options for lymphedema and chronic venous insufficiency with continuity of care, service, support that helps improve outcomes, reduce costs and gives people their lives back.
IPO
Manufactures both standard and custom designed short wavelength (660nm to 1000nm) VCSEL-based optical components and subassemblies for sensor and device applications within the biomedical, industrial, office product, automative and consumer industries.
Acquired by Osram Semiconductors, Inc
Data storage solutions.
Acquired by Seagate.
We work side-by-side with our entrepreneurs, connecting them with resources and taking them, and our co-investors, to profitable exits.
We’re Sofia Fund. We find, invest in and grow these exceptional women-led companies. Join us.