Engineering Archives - Best PGDM colleges in Delhi NCR https://www.gims.net.in/blog/category/engineering/ Sat, 20 Apr 2024 05:39:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://i0.wp.com/www.gims.net.in/blog/wp-content/uploads/2021/12/cropped-gims-1.jpg?fit=32%2C32&ssl=1 Engineering Archives - Best PGDM colleges in Delhi NCR https://www.gims.net.in/blog/category/engineering/ 32 32 214952409 The Challenges and Opportunities of managing a diverse, multicultural workforce https://www.gims.net.in/blog/2024/04/20/the-challenges-and-opportunities-of-managing-a-diverse-multicultural-workforce/ Sat, 20 Apr 2024 05:32:36 +0000 https://www.gims.net.in/blog/?p=1254 In an era marked by globalization and interconnectedness, businesses are recognizing the imperative of cultivating diverse, multicultural workforces. The advantages of such diversity are numerous, ranging from heightened creativity and innovation to a broader understanding of global markets. However, managing a multicultural workforce comes with its own set of challenges that require astute leadership and

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In an era marked by globalization and interconnectedness, businesses are recognizing the imperative of cultivating diverse, multicultural workforces. The advantages of such diversity are numerous, ranging from heightened creativity and innovation to a broader understanding of global markets. However, managing a multicultural workforce comes with its own set of challenges that require astute leadership and strategic initiatives. This article explores the intricate dynamics of leading diverse teams, delving into both the challenges and opportunities that arise in this complex landscape. 

Challenges of Managing a Multicultural Workforce 

Communication Hurdles: 

One of the foremost challenges is navigating through diverse communication styles and languages. Misinterpretations, misunderstandings, and breakdowns in communication can impede productivity and harmony within the team. Managers must implement effective communication strategies, which may include language training and fostering a culture that encourages open dialogue to overcome these barriers. 

Cultural Clash and Misunderstandings: 

Differences in cultural norms, values, and expectations can lead to tensions and conflicts within a multicultural team. It is crucial for managers to promote cultural sensitivity and awareness, creating an environment where individuals feel respected and understood. Addressing cultural clashes promptly and openly is essential to maintaining a cohesive and collaborative team. 

Inclusive Leadership: 

Building an inclusive culture requires deliberate effort from leadership. Managers must actively foster an environment where every team member feels valued, regardless of their cultural background. Without inclusive leadership, there is a risk of fostering cliques and silos within the workforce, hindering collaboration and stifling the potential for innovation. 

Unconscious Bias: 

Unconscious biases, rooted in stereotypes and preconceived notions, can seep into decision-making processes, affecting hiring, promotions, and project assignments. To combat unconscious bias, organizations should implement awareness training and adopt inclusive hiring practices. This not only promotes fairness but also enriches the organization with diverse perspectives. 

Adapting Policies and Practices: 

Standard organizational policies may not always cater to the diverse needs of a multicultural workforce. From religious accommodations to recognizing various cultural holidays, adapting policies and practices is necessary to ensure fairness and inclusivity. Failure to address these aspects can result in disengagement and hinder the organization’s ability to attract and retain diverse talent. 

Opportunities of Managing a Multicultural Workforce 

Catalyst for Innovation: 

Diversity is a powerful catalyst for innovation. A multicultural workforce brings together individuals with distinct perspectives, experiences, and problem-solving approaches. Organizations that embrace this diversity often find themselves at the forefront of innovation, as employees draw from a rich tapestry of ideas, fostering creativity and adaptability. 

Global Market Insight: 

A diverse workforce provides organizations with a deeper understanding of global markets. Employees from various cultural backgrounds bring invaluable insights into consumer preferences and market trends. This global market intelligence positions companies to tailor their products and services, gaining a competitive edge in the international arena. 

Talent Attraction and Retention: 

Companies that prioritize diversity and inclusion create an appealing workplace for a broad spectrum of talent. A diverse workforce enhances the organization’s reputation, making it a magnet for individuals seeking a supportive and open-minded work environment. Moreover, such organizations are better equipped to retain top talent, minimizing turnover costs, and bolstering long-term success. 

Enhanced Problem-Solving Capabilities: 

Multicultural teams excel in problem-solving. The diversity of thought within these teams ensures a comprehensive approach to tackling complex issues. Different perspectives, drawing on varied cultural backgrounds, contribute to a more thorough examination of challenges, resulting in innovative and effective solutions. 

Cultural Competence Development: 

Managing a multicultural workforce facilitates the development of cultural competence among employees. This heightened cultural awareness not only fosters teamwork but also equips individuals with the skills necessary for navigating diverse global environments. The personal and professional growth experienced by employees further enhances the organization’s overall capabilities. 

Conclusion 

Effectively managing a diverse, multicultural workforce demands a nuanced understanding of the challenges and opportunities inherent in such an environment. The hurdles, including communication barriers, cultural clashes, and unconscious biases, necessitate proactive measures and a commitment to fostering an inclusive culture. Yet, the rewards of embracing diversity are substantial, ranging from heightened innovation and global market insights to attracting and retaining top talent. 

In an ever-evolving business landscape, organizations that prioritize diversity and inclusion position themselves not only as socially responsible but also as strategically adept. Navigating the challenges and leveraging the opportunities presented by a multicultural workforce is not just a matter of corporate responsibility; it is a fundamental driver of success in today’s dynamic and interconnected world. As businesses continue to evolve, those that recognize and harness the power of diversity will find themselves well-positioned for sustained growth and resilience. 

GNIOT Institute of Management Studies
Best College in Greater Noida
Website: www.gims.net.in
Email ID: admission@gims.net.in
Toll Free No.: 18002746969

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PGDM Unveiled: A Comprehensive Guide to Post Graduate Diploma in Management https://www.gims.net.in/blog/2024/04/10/pgdm-unveiled-a-comprehensive-guide-to-post-graduate-diploma-in-management/ Wed, 10 Apr 2024 07:07:51 +0000 https://www.gims.net.in/blog/?p=1200 The world of business is in constant flux, demanding leaders with a unique blend of knowledge, skills, and adaptability. In this dynamic landscape, the Post Graduate Diploma in Management (PGDM) has emerged as a pivotal qualification, offering a holistic and practical approach to preparing individuals for managerial roles. This comprehensive guide delves into the essence

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The world of business is in constant flux, demanding leaders with a unique blend of knowledge, skills, and adaptability. In this dynamic landscape, the Post Graduate Diploma in Management (PGDM) has emerged as a pivotal qualification, offering a holistic and practical approach to preparing individuals for managerial roles. This comprehensive guide delves into the essence of PGDM, with a special focus on GIMS (Greater Noida Institute of Management Studies) in Greater Noida, unravelling the significance, structure, benefits, and distinctive features that define this transformative educational experience.

GIMS Greater Noida: A Beacon of Excellence:

Greater Noida Institute of Management Studies (GIMS) stands tall as an institution committed to providing a transformative learning experience through its PGDM program. Situated in Greater Noida, this institute has garnered acclaim for its dedication to fostering well-rounded professionals ready to tackle the challenges of the corporate world.

Understanding PGDM at GIMS:

Dynamic and Industry-Relevant Curriculum:

At the heart of GIMS’s PGDM program lies a dynamic and industry-centric curriculum. The institute takes pride in its ability to stay ahead of the curve, regularly updating its course offerings in consultation with industry experts. This ensures that students are equipped with the latest knowledge and skills, setting them apart in the competitive business landscape.

Specializations Tailored for Success:

GIMS recognizes the diverse career aspirations of its students and offers a range of specializations, including Marketing, Finance, Human Resources, Operations, and Information Technology. This customization allows students to align their education with their specific career goals, ensuring they receive specialized knowledge in their chosen field.

Experiential Learning:

GIMS places a strong emphasis on experiential learning, understanding that theoretical knowledge alone is not sufficient in the business world. The PGDM program incorporates internships, live projects, and case studies, providing students with hands-on experience and insights into real-world business scenarios.

Structure of GIMS’s PGDM Programs:

The PGDM program at GIMS spans two years, divided into six trimesters. The first year comprises core courses that lay a robust foundation in management principles, followed by specialization courses in the second year. The program is designed to strike a balance between theoretical knowledge and practical application, ensuring graduates are well-prepared for the complexities of the business world.

Benefits of Pursuing PGDM at GIMS Greater Noida:

Distinguished Faculty:

GIMS prides itself on having a faculty composed of seasoned professionals and academicians with extensive industry experience. This unique blend of theoretical knowledge and practical insights enriches the learning experience, providing students with a comprehensive understanding of management concepts.

State-of-the-Art Infrastructure:

GIMS understands the importance of a conducive learning environment and has invested in state-of-the-art facilities. From modern classrooms and well-equipped libraries to computer labs and recreational spaces, the institute ensures that students have access to resources that enhance their overall educational experience.

Industry Collaborations and Guest Lectures:

GIMS actively fosters collaborations with industry partners, bringing the corporate world into the classroom. The institute hosts regular guest lectures, workshops, and seminars, allowing students to interact with and learn from industry professionals. This exposure ensures that GIMS graduates are well-acquainted with the latest industry trends.

Placement Assistance and Alumni Network:

GIMS places significant importance on the placement of its graduates. The dedicated placement cell helps in securing internships and placements, and the strong alumni network provides a valuable resource for mentorship and networking opportunities.

Career Prospects after PGDM at GIMS Greater Noida:

GIMS PGDM graduates are well-poised to embark on successful careers across diverse industries. The practical exposure gained during the program, combined with the institute’s industry connections, opens doors to a multitude of opportunities.

Corporate Roles:

Graduates find themselves well-suited for roles in corporate organizations, spanning marketing, finance, human resources, and operations. The practical skills acquired during the program make them assets to employers seeking adaptable and dynamic professionals.

Entrepreneurship:

GIMS actively encourages an entrepreneurial mindset, and many graduates choose to venture into entrepreneurship. Armed with a robust understanding of business management, these individuals are well-equipped to navigate the challenges of starting and running their own businesses.

Conclusion:

GIMS Greater Noida’s PGDM program represents a holistic and industry-relevant approach to management education. The institute’s commitment to staying ahead of industry trends, providing experiential learning, and fostering a dynamic learning environment positions GIMS graduates as competitive professionals ready to make a mark in the business world. As the demand for skilled managers continues to rise, GIMS Greater Noida remains at the forefront, shaping the future leaders of the business landscape through its innovative and comprehensive PGDM program.

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Dealing with Roommate Conflicts: Communication Strategies.  https://www.gims.net.in/blog/2024/03/23/dealing-with-roommate-conflicts-communication-strategies/ Sat, 23 Mar 2024 10:39:09 +0000 https://www.gims.net.in/blog/?p=1169 Introduction Living with a roommate can be a rewarding experience, offering companionship and shared responsibilities. However, the proximity and shared spaces can also lead to conflicts that, if left unaddressed, may strain the living arrangement. The key to maintaining a positive and harmonious environment lies in effective communication strategies. In this article, we will explore

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Introduction

Living with a roommate can be a rewarding experience, offering companionship and shared responsibilities. However, the proximity and shared spaces can also lead to conflicts that, if left unaddressed, may strain the living arrangement. The key to maintaining a positive and harmonious environment lies in effective communication strategies. In this article, we will explore practical approaches to deal with roommate conflicts and foster a cooperative living space.

Initiate Open and Honest Conversations

Conversations

The cornerstone of resolving any conflict is open communication. Establish a foundation of trust and understanding by initiating regular conversations with your roommate. Create a comfortable space where both parties can express their thoughts and feelings without fear of judgment. This proactive approach allows for the early identification of potential issues, preventing them from escalating into more significant conflicts.

Choose the Right Time and Setting

Timing is crucial when addressing conflicts with roommates. Choose a suitable time when both you and your roommate are calm and open to discussion. Avoid bringing up sensitive topics during stressful moments or when either of you is preoccupied with other matters. Similarly, select a quiet and private setting to ensure that your conversation remains focused and uninterrupted.

Utilize “I” Statements

When discussing concerns or conflicts, use “I” statements to express your feelings without placing blame on your roommate. For example, instead of saying, “You never clean up after yourself,” try framing it as, “I feel frustrated when shared spaces aren’t kept tidy.” This approach shifts the conversation from accusatory to collaborative, encouraging your roommate to better understand your perspective.

Practice Active Listening

Effective communication is a two-way street, and active listening is a fundamental component. Demonstrate your commitment to understanding your roommate’s viewpoint by giving them your full attention. Avoid interrupting and refrain from formulating your response while they are speaking. Repeat back what you’ve heard to ensure clarity and show that you value their perspective.

Seek Common Ground through Compromise

Many roommates’ conflicts stem from differences in habits, preferences, or expectations. Rather than holding firm to your position, be open to finding compromises that address both parties’ needs. Whether it’s establishing a cleaning schedule or negotiating quiet hours, seeking common ground through compromise can create a more balanced and harmonious living arrangement.

Set Clear Expectations

Preventing conflicts starts with setting clear expectations from the beginning. Establish ground rules regarding shared spaces, chores, and personal boundaries. Clearly communicate expectations related to guests, noise levels, and any other potential sources of disagreement. Having these guidelines in place can prevent misunderstandings and provide a reference point for both roommates.

Leverage Technology Wisely

In the digital age, technology can be a valuable tool for communication. If face-to-face conversations are challenging, consider using messaging apps or email to express your concerns. However, it’s crucial to strike a balance and not solely rely on digital communication. Important discussions should ideally take place in person or through video calls, as they allow for a more nuanced exchange of thoughts and emotions.

Involve a Neutral Third Party

When conflicts persist despite your best efforts, involving a neutral third party can provide a fresh perspective. Mediators or mutual friends can help facilitate the conversation, ensuring that both roommates have an opportunity to express their concerns and work towards a solution. An unbiased mediator can often uncover underlying issues and guide the discussion towards a fair resolution.

Take a Timeout When Necessary

Emotions can run high during conflicts, making it essential to recognize when a timeout is necessary. If the conversation becomes heated or unproductive, it’s okay to take a break. Stepping away allows both parties to cool off, collect their thoughts, and approach the discussion with a calmer mindset when reconvening.

Know When to Seek Professional Help

In some cases, roommate conflicts may persist and significantly impact well-being. In such situations, seeking professional help is a viable option. Many universities and housing providers offer mediation services or counselling to assist with resolving roommate disputes. Professional mediators can provide additional insights and strategies to address complex conflicts and ensure a fair resolution.

Conclusion

Roommate conflicts are an inevitable part of shared living, but they don’t have to be detrimental to your living experience. By implementing effective communication strategies, you can navigate conflicts successfully and foster a positive and cooperative living environment. Remember, open communication, active listening, compromise, and seeking external assistance when needed are powerful tools in building and maintaining a harmonious relationship with your roommate.

GNIOT Institute of Management Studies
Best College in Greater Noida
Website: www.gims.net.in
Email ID: admission@gims.net.in
Toll Free No.:18002746969

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The Importance of Research in Business Management Education in the Current Scenario https://www.gims.net.in/blog/2023/10/23/the-importance-of-research-in-business-management-education-in-the-current-scenario/ Mon, 23 Oct 2023 07:52:25 +0000 https://www.gims.net.in/blog/?p=532 The best brains of the nation may be found at the last benches of the classroom- APJ Abdul Kalam. Contrary to common belief, research is often misconceived as a dull, monotonous, and unexciting endeavour limited only to those with a scientific background. However, this perception couldn’t be further from the truth. Research is a diverse

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The best brains of the nation may be found at the last benches of the classroom- APJ Abdul Kalam.
Management

Contrary to common belief, research is often misconceived as a dull, monotonous, and unexciting endeavour limited only to those with a scientific background. However, this perception couldn’t be further from the truth. Research is a diverse and multifaceted domain that transcends disciplinary boundaries, encompassing various fields beyond the sciences. While scientific research indeed forms a significant part of the research landscape, it is essential to recognize that research spans numerous disciplines, including social sciences, humanities, business, arts, and more. In each of these areas, research serves as a vital tool for exploring new ideas, understanding complex phenomena, and generating valuable insights.

Management

In the present scenario, organizations are increasingly inclined to hire individuals with a research background. Organizations value students with a research background due to their strong analytical skills, critical thinking abilities, adaptability, attention to detail, and innovation. Such individuals bring valuable contributions to businesses, supporting evidence-based decision-making, fostering creativity, and potentially becoming future leaders within the organization. Tech companies often employ researchers to work on cutting-edge technologies, data analysis, and product development. Companies like Google, Microsoft, Apple, and Amazon frequently hire individuals with strong research backgrounds. Companies like Pfizer, Novartis, Roche, and Moderna value candidates with research expertise. Companies like McKinsey, Bain, and Boston Consulting Group appreciate candidates with research capabilities. Companies like J.P. Morgan, Goldman Sachs, and BlackRock value individuals with strong research skills.

Research is indispensable for the Modern Management Industry and People Analytics as it provides valuable insights into both employee and customer behaviour. Understanding customer desires and preferences is critical for businesses to tailor their offerings, drive customer satisfaction, and stay ahead of competitors. Meanwhile, research aids in managing risks effectively, guiding organizations to make well-informed decisions that ensure their continued growth and prosperity in an ever-evolving business landscape. Research serves as a powerful tool in comprehending the intricacies of the management system. By systematically gathering data and analyzing relevant information, managers can identify inefficiencies, bottlenecks, and areas requiring refinement. The knowledge obtained through research enables evidence-based decision-making, ensuring that managerial actions are well-informed and grounded in empirical evidence.
Additionally, the behaviour of the manager plays a pivotal role in fostering an environment conducive to continuous improvement. A manager who encourages a culture of learning, open communication, and collaboration can inspire employees to engage in research-driven initiatives. When employees are encouraged to contribute their ideas and insights, the management system benefits from diverse perspectives and innovative solutions. By actively involving themselves in research during their PGDM program, students can gain a competitive edge in the job market, develop critical skills, and build a strong foundation for future academic pursuits. Research experience demonstrates dedication, intellectual curiosity, and a proactive approach, qualities highly valued by employers and academic institutions alike.
Students can actively involve themselves in research through various avenues, maximizing their learning experiences and skill development. Some ways to engage in research during their academic journey include:

Management

Summer Internship Programs (SIP):

Internships provide hands-on experience in conducting research and applying theoretical knowledge to real-world scenarios.

Live Projects:

Many academic PGDM programs offer live projects where students work with industry partners to address real business challenges. These projects often involve research components, providing an opportunity to gather and analyze data to propose effective solutions.

Conducting Primary Research:

Students can incorporate primary research methods, such as surveys, interviews, and focus groups, in their assignments and projects. This approach allows them to gather firsthand data and gain valuable insights from target audiences.

Collaborating with Faculty Members:

Professors often welcome students interested in research to assist them with ongoing projects or support independent research initiatives.

Case Studies and Literature Review:

Case study discussion is the base for PGDM students. Engaging in case studies and literature reviews can help students delve into existing research and apply critical analysis to draw meaningful conclusions. These activities foster research skills and deepen their understanding of various subjects.

Research Workshops and Seminars:

Participating in research-focused workshops and seminars exposes students to different research methodologies, data analysis techniques, and research ethics, enhancing their research capabilities.

Academic Conferences:

This exposure encourages networking and provides insights into the current trends in research.

Online Research Platforms:

Access to online research platforms and academic databases enables students to explore a vast array of scholarly articles, research papers, and industry reports, enriching their knowledge and understanding.

Research Competitions:

Taking part in research competitions provides students with a platform to showcase their research skills and innovative ideas. Winning or even participating in such events boosts their confidence and adds to their resume.

Research Clubs and Student Organizations:

Management

Joining research clubs or student organizations dedicated to research fosters a collaborative and supportive environment for aspiring researchers. These groups offer a platform to share ideas and engage in collective research projects.
By actively engaging in research through these avenues, students can develop essential research skills, gain practical experience, and build a strong foundation for their academic and professional careers. Research involvement not only enhances their employability but also nurtures a passion for knowledge-seeking and a lifelong commitment to learning and innovation.
Research experience offers numerous advantages to students seeking good job prospects. The skills developed, the demonstration of initiative, and the domain expertise gained through research can make students stand out in the competitive job market. Whether directly relevant to the job role or as a testament to a candidate’s valuable qualities, research experience can significantly contribute to securing a rewarding and successful career. Ultimately, research is a gateway to knowledge and understanding, regardless of the field it delves into. It drives progress, fuels innovation, and fosters critical thinking across all domains of human endeavour. Every discipline benefited from research, as it encourages curiosity, open-mindedness, and the quest for knowledge.

Dr. Anshika Rajvanshi
Professor, Marketing
GNIOT Institute of Management Studies, Greater Noida

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INFORMATION TECHNOLOGY: IT’S ALL ABOUT EXECUTION, NOT EXPRESSION https://www.gims.net.in/blog/2022/01/28/information-technology-its-all-about-execution-not-expression/ Fri, 28 Jan 2022 11:50:23 +0000 https://gims.net.in/blog/?p=259 Information technology (IT) is all about creating, processing, storage, security and sharing of all types of electronic data by using computers, storage, networking and other physical devices, infrastructure, and procedures. In contrast to the technology utilized for personal or leisure purposes, IT is typically used in the context of corporate activities. Computer based technology and

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Information technology (IT) is all about creating, processing, storage, security and sharing of all types of electronic data by using computers, storage, networking and other physical devices, infrastructure, and procedures. In contrast to the technology utilized for personal or leisure purposes, IT is typically used in the context of corporate activities. Computer based technology and telecommunications systems are both are  integral parts of the business usage of IT.

What is the significance of information technology?

As we all know that data is drives the world’s industries. That may be a stretch, but few organizations, big or small, can thrive without the ability to collect the data and transform it into actionable information. Data production, processing, analysis, transmission, storage, and security are all made possible by IT.

IT is commonly connected with the use of technology to solve business problems. As a result, the IT workforce is focused on advanced technologies such as hardware systems, operating systems, and application software. IT expertise is required to determine the hardware and software components used to optimize a specific business process. IT professionals work with various technologies, including server operating systems, communications hardware and software, and apps.

Applications of  IT in Different sectors:

1. IT in Healthcare

  • In the field of medicine, information technology has ushered in dramatic advances.
  • Physicians can deliver more accurate therapy to patients using new procedures, technologies, and equipment produced by IT for this specific profession.

2. IT in Government 

  • IT increases the quality of government service by allowing citizens to deal with the government in a faster and more comfortable manner.
  • To obtain government services, IT replaced manual and paper-based operations.
  • It also relieved the stress of having to wait in line.

3. IT in Railways

  • The railway is a significant organization that uses computers successfully.
  • Computers keep track of all trains that run daily or weekly.
  • Passengers can purchase tickets from the comfort of their own homes.
  • Passengers can also use the internet system to cancel their tickets.
  • Passengers have access to all rail schedules.

4. IT in Supply Chain Management

  • In Supply Chain Management (SCM), the exponential growth of Information Technology (IT) is playing a critical role in optimizing supply chain network decisions own for achieving organizational competitiveness, improving higher service levels. 
  • IT in SCM is also necessary to achieve integration and good information sharing within and beyond organizations. With the help of rapid changes in technology and IT applications such as Electronic Data Exchange (EDI), Radio Frequency Identification (RFID), Bar Code, Electronic Commerce, Decision Support system, Enterprise Resource Planning (ERP) package, and others, businesses are moving towards a virtual supply chain. 

5. IT in Education

  • Access to a Wide Range of Educational Resources: It is now possible to get academic knowledge at any time thanks to information technology. Information technology is used by both students and teachers to acquire and exchange educational materials.
  • Quick Access to Educational Info: IT allows for faster information transfer and distribution. Computers and emerging technology, such as mobile phone applications, enable students to access academic data conveniently. IT professionals have created educational applications that allow pupils to access material quickly.
  • Use of Audio-Visual: Students become bored in this education method compared to text and chalkboard notes. People dislike reading literature for extended periods because it bores them, so audio-visual technology in education allows pupils to appreciate their learning. Because some of these visuals are interesting and look familiar to a student, visual illustration employing projectors helps students understand the subject better. Graphic drawings are more accessible for our brains to remember than words.

6. IT in Banking and Finance

  • IT improves and speeds up financial transactions.
  • Cashless transactions have been implemented.
  • Online shopping and payments are now possible.
  • Banking is integrated into digital devices (personal computers, smartphones, and tablets).
  • Internet banking has now become a reality.

Advantages of IT:

  • IT aids in the efficient and effective management, manipulation, storage, retrieval, sharing/communicating, and transmission of minor and ample amounts of information/data.
  • Work that was once done manually can now be done quickly and easily with the aid of computers.
  • There is no necessity to keep paper files because all vital documents may be saved on a computer and accessible quickly.
  • Globalization has been significantly aided by better and faster online communication, which has helped industries and enterprises worldwide.
  • Storing and protecting information- Virtual vaults and security systems represent the benefits and limitations of information technology. Information technology can defeat the hacking of technical data and viruses.
  • Cost-effective- Many organizations have been more efficient due to internet business operations, and their customer list has grown at a lower cost. Information technology has allowed for clutter-free working circumstances and a global client list.

In this way, information technology is using its most significant advantage to revolutionize the world. It makes exchanging information much easier, faster, cheaper, and more pleasant. In a nutshell, from all the above points we can understand that IT is all about data, facts its execution though machine processing , using algorithms and deriving useful information from this raw data and their is no scope of expression’s like empathy, thinking, informal communication , disgust, fear and joy in it. This means if you have input incorrect data  in the system for processing then you will get “garbage in and garbage out”. On the other hand if  the data input is correct then you will have correct analysis and report at the end of your data processing…

So! IT is all about execution and not impression….

By

Prof. Pradeep Verma

Assistant Professor

Area Chair – IT & Business Analytics

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Demystifying Blockchain Technology https://www.gims.net.in/blog/2022/01/28/demystifying-blockchain-technology/ Fri, 28 Jan 2022 11:33:27 +0000 https://gims.net.in/blog/?p=255 In today’s scenario “Data”  is most precious and valuable thing for business prospective and must be kept secured. In this digital era, the new technology is facilitating almost everything that makes business sectors more competitive and customer-friendly. In this process the organizations also gather a lot of personal information related to its customer and maintains

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In today’s scenario “Data”  is most precious and valuable thing for business prospective and must be kept secured. In this digital era, the new technology is facilitating almost everything that makes business sectors more competitive and customer-friendly. In this process the organizations also gather a lot of personal information related to its customer and maintains it in their database, be it e-commerce companies like Amazon, Flipkart; travel companies like Trivago, OYO or Shopping stores like Reliance, Big Bazar etc… The organizations are also using this personal information to derive patterns related to personal preference, behaviour etc. using AI and build their selling techniques accordingly.

In this scenario, data security plays an pivotal role since business firms are utilizing tons of data generated by customers and others source . So it is equally important to handle and transforms such unstructured data in secure environment to prevent it for hackers or any kind of Cyber attacks.

Though many kind of security measures are been taken by the organizations, Blockchain is another technique of data security which is becoming popular in today’s time and can be used by every leading streams of business world.

What is Blockchain?

Blockchain is emerging technology for handling of data with full integrated secure environment. The  concept of Blockchain seems bit complicated like  how to represent data in the form of  secure Blocks and its linkage with other blocks like a virtual chain and transformation of all those blocks in cryptographic secure decentralized environment .

Blockchain, is nothing but the database that contains information like records of user’s personal information, monetary transactions etc. that can be utilized and shared through a network. It can record transactions more  effectively and in an verifiable manner. All the transactions are hashed and saved in different blocks. These blocks, which are in the shape of a chain, are inalterable and consequently can’t be tempered or deleted.

Since Blockchain is a decentralized network technology, and involves two parties in execution of each transaction in a cryptographical secured environment, it is impossible for any third party to access this transaction data and temper it.

This, generally, is the reason Blockchain is known as a complete secure environment for data transactions over internet.

In Blockchains that requires permission, the access cannot be obtained easily as it is vigorously managed. This feature is what makes Blockchain totally different from other ways of data security.

In my next blog, I will talk about the various areas where Blockchain is used in real world.

By Pradeep Verma

Assistant Professor

Area Chair – IT & Business Analytics

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How Are Artificial Intelligence and Chatbot Apps Transforming Mobile Technology https://www.gims.net.in/blog/2022/01/25/how-are-artificial-intelligence-and-chatbot-apps-transforming-mobile-technology/ Tue, 25 Jan 2022 08:44:57 +0000 https://gims.net.in/blog/?p=147 Let’s start with Chatbots. A chatbot is simply a texting program capable of participating in chat with peoplegrounded on predefined replies to queries or knowledge of peoplefacts and objectives. As businesses rely more on mobile footprints, the struggle to be visible and discoverable in the app industry is heating up. The key to most apps

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Let’s start with Chatbots. A chatbot is simply a texting program capable of participating in chat with peoplegrounded on predefined replies to queries or knowledge of peoplefacts and objectives.

As businesses rely more on mobile footprints, the struggle to be visible and discoverable in the app industry is heating up. The key to most apps standing out in the market is an effortless and smooth user experience. As a result, astute Chatbots driven by Artificial Intelligence, have arisen as one of the most potent approaches for providing an amazing front end experience to the users.

Chatbots motorized by Artificial Intelligence, endure to modify the interface of an increasing number of mobile apps in various areas. As a profoundlyentrenched technology, AI retrieves the maximum relevant business acumens and statistics, which organizations may utilize to respond to consumer inquiries most contextually and appropriately possible.

Some of the most recent capabilities of current Chatbots utilized by large brands and leading corporations include voice communication, natural language processing to comprehend queries despite vocal and tonal variations, and linguistic decoding of intents.

According to a recent survey, a whopping 18-34 percent of those aged 18-34 are interested in purchasing basic consumer products through Chatbots. Millennials and younger audiences choose Chatbots for their digital interactions and purchases. To stay relevant to their target audience, commercial brands are increasingly embracing clever Chatbots. Therefore, chatbots will not become obsolete very soon.

Let’s have a look at some of the primary benefits of Chatbots for digital company brands:

Improved User Experience:

Chatbots, particularly intelligent ones powered by clever AI and Machine Learning-based algorithms, quickly comprehend client demands and respond to their inquiries. Chatbots’ promptness and individual focus on users significantly improve the user experience.

Better Onboarding:

Many studies show that a significant portion of users never return to an app after the first time they use it. This is primarily due to the perplexing onboarding process. In this regard, an intelligent Chatbot might be useful in clarifying the value proposition and engaging the user in the first instance. A Chatbot can lead users through all app functionalities, leaving no possibility for misunderstanding.

Personalized Service:

Brands now better understand consumer intents and preferences thanks to AI and Machine Learning. Based on user intent and behavior, intelligent Chatbot may provide highly tailored product recommendations and make suggestions that normally meet customer wants and situations.

Simple Product and Content Searching:

Chatbots powered by AI can make searching easier than ever before. Users only need to deliver a voice command, type a search word, or submit a picture, and the AI-powered bot will return relevant search results based on user intent and behavior.

Conclusion:

Intelligent Chatbots have surfaced as the most game-changing technology for pushing automation via mobile applications and providing unique and rarely seen results for organizations across all industries. The trick will be how creatively an individual can use such advanced bots in mobile app marketing approach.

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A Blessing in Disguise for IT Industry https://www.gims.net.in/blog/2022/01/25/a-blessing-in-disguise-for-it-industry/ Tue, 25 Jan 2022 05:29:36 +0000 https://gims.net.in/blog/?p=111 Today the whole world is facing the drastic impact of COVID-19 pandemic on its economy. The COVID-19 corona virus has impacted each and every industry and directly or indirectly every business has become part of this tsunami of pandemic. Though the situation initially was completely negative and nobody had any clue on how to handle

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Today the whole world is facing the drastic impact of COVID-19 pandemic on its economy. The COVID-19 corona virus has impacted each and every industry and directly or indirectly every business has become part of this tsunami of pandemic. Though the situation initially was completely negative and nobody had any clue on how to handle the crisis, however, over a period of time a bit of silver lining has started appearing in the clouds and now the businesses and the economy have a fair idea to handle the situation.

At initial stages when no business personnel had any idea to deal with this COVID-19 pandemic situation, it had very adverse effects on the economy and its people worldwide resulting into jobs loss, retrenchment, highest degrowth in GDP, highest recession seen ever after 2008 to name a few. It was also not easy for the businesses who could survive in this pandemic as they also had no clue to deal with situations like no adequate facilitation of the internet, resources, lack of coordination between the company and individuals on how to accomplish tasks from remote areas. Due to this, there was a monolithic loss in opportunity for many national as well as international companies . Those companies having advanced technology like web / cloud based service and infrastructure could manage upto certain level but manufacturing or other production, service, hospitality based companies experience huge impacts on the performance and services.

Despite all the negative impacts, the COVID-19 pandemic has shown few positive impacts also, especially in the IT industry worldwide which has taken a multiple times advancement in the technology development and its usage. The companies who were struggling to cope up with getting work done from employees through remote working and employees struggling to work from home, have learnt to manage the situations efficiently. The organizations have moved to a completely online cloud based IT technology infrastructure, all the transactions are maintained online through various softwares, tools and modules. The face to face meetings and conferences have been replaced with Online video-conferencing and chats through various softwares and social media platforms such as Google hangout, WhatsApp video Call, Zoom, Microsoft Teams to name a few. Even the employee engagement activities are done through online mode to keep the employees engaged in the system. All activities from employee hiring to firing is done online through softwares and systems.

Teaching and professional learning is another area where technology advancement in a few months can be seen. All the schools and colleges have moved to completely online mode and the learning process is taking smoothly in this virtual environment. Not limited to this, the latest example is use of AI in the healthcare sector, where robots are being used in place of doctors to take care of the COVID-19 patients.

With the pace at which the usage of IT and AI is increasing in India and worldwide and the focus of Indian Govt. on “Digital India” we can clearly foresee a bright future of IT in India progressing in every sector.

By Pradeep Verma

Assistant Professor

Area Head – IT & Business Analytics

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