WE SCHOOL

PROJECT WE LIKE
By – Pradip Kumbhar
HPGD/JL22/2337
 UNDERTAKING BY STUDENT

I Mr. Pradip Baban Kumbhar, having admission no. HPGD/JL22/2337, declare that project work done for
Project We Like is my own work conducted as part of my syllabus. I further declare that project work has
been prepared personally by me after viewing the content under ‘We Tube, We Lounge and Newswire’ and
it is not sourced from any outside agency or any other student.
I understand that, any such malpractice will result into I being debarred for the subject viva and will be
considered fail for that subject. I also understand that I will have to face very serious consequences and my
admission to the program will be cancelled without any refund of fees. I am also aware that, I may face
legal action, if I follow such malpractice.

I hereby abide to take the viva faculty’s decision as final for evaluation of Project We Like.
Index
• WeTube
1. In Search Of Happiness – By Rajendra Kulkarni
2. In The Wonderland of Finance – By Kanu Doshi
3. Employee Engagement – By Vinima Sharma
4. Management Information Systems – By Nitin Kamat
5. Corporate Ethics – By Suruchi Yadav
In Search Of Happiness
What is happiness ?

 The term happiness describes a state of mind or the feelings of pleasure,

satisfaction, contentment or joy.

 Happiness is something different for each individual so no one thing can be said
to make everyone happy.

 Each person needs to go out and see what things make them feel contentment
and joy and if they want to be happy surround themselves with people, pets or
things that will give them those feelings.
In Search Of Happiness
Happiness -

 “Happiness depends on yourself”

 “The summit of happiness is reached when a person is ready to be what he is”

 “Independence is happiness”

 Getting happiness is very simple, its starts by doing the things you love.

 Don’t think about being unhappy, imagine good things in life.

In Search Of Happiness

Stay Happy
&
Enjoy your
life to fullest.
In The Wonderland of Finance
Approaches of accounting

 Preparer Accounting.
 User Accounting.

Financial accounting helps recording all financial transactions for preparation of :

 Trial Balance.
 Profit & Loss account.
 Balance Sheet.
 Cash flow statement.
 Ratio Analysis.
 In The Wonderland of Finance
Financial statements are useful to several segments of stakeholders

 Shareholders.
 Creditors.
 Suppliers
 Employee of the company.
 Government.
 Investment Analysist & Researchers.
 In The Wonderland of Finance
Principle of accounting :

 Accounting is science (Recording) as well as an art (Interpreting).

 Only financial transaction in monitory terms are recorded.
 Only historical cost get recorded.
 Going concern basis.
 Consistency.
 Conservative & Accrual basis.
 Separate from the owners.
 In The Wonderland of Finance
Limitation of accounting :

 Profit is result of valuation.

 All valuations are subjective.
 Profit is fiction.
 Cash is fact.
 Only monetary value of transaction are recorded.
 Quantitative measurement are recorded.
 Qualitative aspects are ignored.
 Inflation related adjustment not recorded in books of account.
 Historical cost V/S Replacement cost.
 In The Wonderland of Finance
Success is Sweet;
Its secret is sweat.

Bad news is “Time flies”;

Good news is “You are the PILOT”
Employee Engagement
What is Employee Engagement ?

Employee engagement is a property of the relationship between an organization

and its employee.

Categories in employee engagement.

 Engaged employee.
 Not engaged employee.
 Actively Disengaged.
Employee Engagement
Engaged Employee :
 Highly motivated and ready to go extra mile.
 More creative in doing task.
 More focused towards customer satisfaction.
 Problem solving attitude.

Not engaged employee.

 Zero energy and passion in the given work.
 Putting in hours instead of energy.

Actively Disengaged Employee :

 Always complaints about given tasks.
 Lack of enthusiasm.
Employee Engagement
Things important to employee :
 Knowing what’s expected.
 Having the right material & equipment.
 Opportunity to do what I do BEST.
 Recognition & Praise.
 Caring for me as a person.
 Opportunity to learn & grow.
 Encourages Development.
Employee Engagement
Factors that disturb employee at workplace.
 Poor Management.
 Lack of career growth & opportunities.
 Poor communication.
 Ineffective performance appraisals.
 Lack of recognitions.
 Poor senior leadership.
 Lack of training.
 Excessive workload.
 Lack of tools & resources.
 Lack of teamwork.
Management Information Systems
What is MIS?

Management information system is a computer based information system which is

basically concerned with processing data into information which is then
communicated to the various department in an organization to support the
operations, the management and the decision-making function in the organization.
Management Information Systems
MIS Framework (Model)
 Analysis.
 Decision Analysis.
 Control.
 Operations Update.
 Knowledge Update.
 Action Reports.
 Input Transactions.
 Queries.
Management Information Systems
Benefit of MIS :
 Data can be easily accessed and analyzed without time consuming.
 Decision can be made more quickly.
 Integrated information can be kept in categories that are meaningful and
profitable operation.

 Management Information System, the information can be used as a strategic

weapon to counter the threats to business, make business more competitive.
 MIS provides support to managers as they work to achieve corporate goals and
identify problem area and opportunity for improvement.
Corporate Ethics
What is corporate ethics ?
Corporate ethics is a form of applied ethics or professional ethics that examines
ethical principles and moral or ethical problems that arise in a business
environment.

It applies to all aspects of business conducted and is relevant to the conduct of

individuals and entire organizations.
Corporate Ethics
Ethical rules and values for corporation –

 Always help others.

 Be honest – Don’t lie.
 Follow the rules & polices.
 Respect others.
 Be loyal and hard working.
 Do right and follow right.

If we can adhere to above ethics then many other corporate evils such as gossiping,
cheating, hiding, complaining will be discarded as well. All change begins with
you, and if you can change then the corporate world can change too.
Index
• WeLounge
– Mr. Anuj Galgotia - RNA Corps
– Mr. Apurva Sircar - IDBI Federal Life Insurance
– Mr. Vivek Saxena - Founder & DIR,Zipcash
Mr. Anuj Galgotia
VP & Head (HR, Admin & IT) at RNA Corps
From this video I understood various points

 Human resources is used to describe both the people who work for a company
and the department responsibility for managing resources related to employees.

 Human resource management involves developing and administering programs

that are designed to increase the effectiveness of an organization or business.

 The Human resource management team recruits potential employees, oversees

the hiring process and provide new employee orientation.
Mr. Anuj Galgotia
VP & Head (HR, Admin & IT) at RNA Corps
From this video I understood various points

 As per his statement, Indian real estate sector has witnessed high growth in
recent times with rise in demand for office as well as residential spaces.

 Everyone want an asset in their kitty and not a liability, hence motivated and self
driven people become the best bet for an organization.

 Employees who are ambitious in nature work hard and surpass their own
excellence at work.
Mr. Apurva Sircar
Head – Brand at IDBI Federal Life Insurance
From this video I understood various points

 Apurva recognized as an objective driven professional, adaptive, result oriented,

a dependable leader, a professional with high standards of ethics, and a person
with praiseworthy people skills.

 Lead a team that handles pre-sales and post sales communication.

 Apurva and his team have driven the entire sports sponsorship strategy and have
seen success making the brand be seen and perceived in the right light.
Mr. Apurva Sircar
Head – Brand at IDBI Federal Life Insurance
From this video I understood various points

 Apurva also sponsored a program involving Pullela Gopichand to boost Indian

badminton’s success at the global level.

 He is also leading an internal transformation project whereby we have identified

the positioning for IDBI and now are creating an organization wide realignment
to the positioning.

 The project entails driving and measuring internal transformation, leading to

extend.
Mr. Vivek Saxena
Founder & Director at ZipCash

From this video I understood various points

 Vivek has over 13 years of work experience in various senior role across IT,
Internet and consumer service.

 Zipcash is currently India’s leading mobile payment company.

 Zipcash was the first company to launch the prepaid model for mobile payment
in India, with the object to empower and enable any consumer with a basic
mobile handset to be a part of digital revolution.
Mr. Vivek Saxena
Founder & Director at ZipCash

From this video I understood various points

 Prior to zipcash, Mr Vivek spend 6 years in various senior management role in

Microsoft.

 Mr. Vivek has an MBA in Finance and Marketing from Narsee Monjee Institute
of Management studies and welingkars, University of Mumbai.

 Mr. Vivek has done B.Sc from St. Xavieras collage Mumbai.
Index
• News Wire
1. What To Do When Your Co-Worker Earns More Than You.
2. Feeling Less Productive At Work? Try The 52/17 Rule!
3. Top 5 Rewarding Career Roles For New Graduates.
4. Mastering Time Management: Tips For Making Every Minute Count At Work.
5. 80% Professionals Say Skills Are Now More Important Than Degrees.
6. Reward Power In Leadership.
7. Ideas For Great Leaders To Make Your Leadership Style Even More Effective.
8. Jobs In India That Could Be Extinct In 10 Years.
9. All About Systematic Investment Plan.
10. Tips For Effective Financial Planning
What To Do When Your Co-Worker Earns More Than You

Let's find out some of the gentler ways to handle the pay-structure situation :

 Remain calm, take time to process the information

 take a deep breath and go for a walk
 Do not act out of your immediate anger, instead channelise that energy into
thinking of all the good reasons that make you a smart and hard-working
employee
 First things first, make a list of all the extra initiatives that you’ve taken
throughout the year and assess those against your existing KRAs and goals
 If you think you deserve a raise, make a list for yourself and let your boss
know that you'd like to set aside some time to discuss your plans and
compensation
What To Do When Your Co-Worker Earns More Than You

Let's find out some of the gentler ways to handle the pay-structure situation :

 Convey your feelings, but don’t spill your anger

 instead of dragging your co-worker into this conversation which makes you
come across as hostile and demanding, start with something like, "It can
recently come to my attention that others make much more for doing the
same job
 Be realistic & come prepared
 When it comes to your official salary review, you need to talk realistically.
You need to remember that you can't change anything dramatically or get a
big raise instantly unless you get promoted
What To Do When Your Co-Worker Earns More Than You

Let's find out some of the gentler ways to handle the pay-structure situation :

 Don't give up easily, but know when to stop!

 you need to ensure that the conversation isn't put to rest forever, constant
follow-ups are the key here. For a fair and satisfactory career move, you
should know when to push or plan your next move.

 What if nothing works ?

 The frustration of a biased pay structure is understandable and staying in
the same job after finding out that you're paid less than what you deserve is
even more challenging, but taking the right decisions with a clear head is
the way forward
Feeling Less Productive At Work? Try The 52/17 Rule!

It’s advised to take time off or small breaks for yourself and rejuvenate to
maximize your concentration power and fully utilize your potential

What is 52/17 rule :

Popularized by Cal Newport in his book Deep Work, the 52/17 rule, states that if
you want to be productive when you are most capable, set your clock for deep work
for not more than 52 minutes ‌at a ‌time and then take a 17-minute break. You can
decide how many sessions will be required in a day and accordingly schedule it.

The 52/17 rule is for people who want to engage in deep work, knowledge workers,
or people who want to increase their productivity, get more work done in less time,
and multitask.
Feeling Less Productive At Work? Try The 52/17 Rule!

How to improve with 52/17 rule.

 There is no hard and fast rule that the break must only be of 17 minutes. You can
increase or decrease it only by a few minutes after finding what works best for
you.
 Prepare a to-do list of the number of deep-work activities required daily.
 Take one activity at a time and set the timer. After the timer goes off, take a
quick 17-minute break and repeat the process.
 Refrain from multitasking during deep work. Deep work cannot be paired with
another task.
 The purpose of taking breaks is to improve focus and allow your mind to
rejuvenate and prepare for the next task on the agenda.
Top 5 Rewarding Career Roles For New Graduates.

The top positions for new graduates in India are shown below :

 Wellness Specialist
 Business Development Representative
 E-Business Associate
 Biologist
 Machine Learning Engineer
Top 5 Rewarding Career Roles For New Graduates.

 Wellness Specialist :
o wellness coordinator makes an average income of Rs 4,87,384
 Business Development Representative :
o The salary for this position ranges from Rs 2.64 lakh to Rs 20 lakh annually
 E-Business Associate :
o The represented employee earns Rs 18 lakhs according to data on e-
commerce associate salaries in India.
 Biologist :
o The average annual pay for a biologist is Rs 3,60,383
 Machine Learning Engineer :
o the average yearly compensation for a machine learning engineer is Rs. 6.5
lakhs
 Mastering Time Management: Tips For Making Every Minute Count At
Work

Developing an effective time management method and setting realistic timelines

for deliverables at work are the keys to achieving work-life harmony, helping
employees get more done and feel less overwhelmed.

Five keyways to manage your time more effectively.

 Plan and priorities
 Set deadlines to alleviate stress.
 Break down big tasks into sizeable ones.
 Short breaks to boost productivity.
 Balance work and life to avoid burnout.

A
 Mastering Time Management: Tips For Making Every Minute Count At
Work
 Plan and priorities :
 List down daily tasks and arrange them in the order of priority at the
beginning of the day to stay productive at work
 Set deadlines to alleviate stress :
 To avoid feeling overwhelmed by responsibilities, it's important to set
realistic timelines and time-bound goals.
 Break down big tasks into sizeable ones.
 Breaking down mammoth tasks into smaller, more manageable to-dos will
result in more productive outcomes.
 Short breaks to boost productivity.
 taking regular and short breaks can help prevent this from happening, while
boosting productivity and improving focus.
 Balance work and life to avoid burnout.
 Set clear boundaries between your work and personal life to prevent
burnout and ensure time for hobbies.
 80% Professionals Say Skills Are Now More Important Than Degrees

“Professionals are approaching their careers with a new mindset than they were 20
years ago. Whilst salary is still a key consideration, we're witnessing a new
generation of workers who are more at ease with career twists and turns, refuse to
compromise on their values and seek to determine how, when and why they work.”
- Ashutosh Gupta, LinkedIn India Country Manager.

 Most Indian professionals (84 per cent) believe that in the future employers will
value professionals with diverse skill sets and experiences over those who are
specialized in a certain job function.
 Upskilling is more important than ever, with 87 per cent saying it's more
important to continually learn new skills now than it was 20 years ago.
 80% Professionals Say Skills Are Now More Important Than Degrees
 This is changing as 85 per cent of Indian professionals agree that transferable
skills have become more valued and acceptable, as more professionals pursue
non-linear career paths
 About 84 per cent of Indian professionals are more open to career pivots as
compared to 20 years ago.
 Nearly 88 per cent of professionals in India say they would choose to work for
organizations that demonstrate alignment with their beliefs and values.
 When it comes to the importance of networking, about 84 per cent believe that a
strong network is more critical to career success today than it was 20 years ago.
 Unlike some who believe that people are born networkers, 71 per cent of Indian
professionals believe that networking is a skill that can be learned and developed
over time.
 Reward Power In Leadership

What is reward power ?

 Reward power is a type of formal power that a leader uses by offering incentives
and benefits to encourage obedience and compliance of members of a team or
organization. A leader can provide rewards in exchange for desired behavior.

Why is Reward Power Important ?

 Reward Power is a useful strategy that leaders can utilize to inspire their
supporters. Offering incentives is one way to thank people for their efforts and
accomplishments using this platform.
 According to the incentive theory of motivation, people are driven by benefits
from the outside world. This indicates that we are driven by a desire to be
rewarded for our efforts. Regardless of their leadership style, executives in the
workplace constantly prioritize motivating their workforce.
 Reward Power In Leadership

How can Leadership and Management use reward power :

 Motivating employees: Using reward power can encourage employees to
increase their effort or reach particular targets.
 Recognizing good performance: Recognizing and rewarding employees who
perform well using reward power can boost employee morale and motivation
while also reinforcing desired behaviors.
 Encouraging teamwork: You can use reward power as a way to motivate
people to work together and cooperate.
 Facilitating change: One way to drive change within an organization is by using
reward power. An instance of this would be a manager offering incentives to
employees who adopt novel technologies or approaches.
 Ideas For Great Leaders To Make Your Leadership Style Even More
Effective.

Here are some easily applied learnings that will make your leadership style more
efficient and effective, no matter your industry. And in addition, by adopting all seven
behaviors that I am suggesting, you will portray a more customer-centric style and
become an even greater leader yourself.

 We should never stop learning – We must continuously strive to learn and

challenge our everyday habits and behaviors. Lifelong learning should be
everyone’s mantra.
 We should accept help - You can never know as much as everyone under you; that
isn’t your job. So stop always trying to be correct. Ask for the help and advice of
the clever people you hired, and then take the right decision based on their input
 Ideas For Great Leaders To Make Your Leadership Style Even More
Effective.
 Practice really does make perfect - It’s not only perfectionists that think they’re
never good enough
 That final check is always worth it - Events and conferences once they’ve started.
Make and use checklists, as pilots do, and complete that final check wholly and
thoroughly.
 Accept defeat and mistakes - We’re all human, so we all make mistakes
sometimes and get defeated occasionally. However, those mistakes and failures are
great teachers.
 Honesty is always the best policy - Somehow honesty is rarely discussed these
days, And yet we all know that trust is one of the main reasons people do business
with companies.
 Business isn’t only about millennials - Everyone is speaking about the Millenials
these days; this is the generation, also known as “Gen Y” or “Generation Me”,
generally accepted as having been born since 1980, after “Gen X.
 Jobs In India That Could Be Extinct In 10 Years
Some jobs in India may become obsolete, and may not exist in a few years time.
Advancements in technology and automation may actually render some jobs in India less
prevalent

How Automation Could be Threat to Jobs in India ?

Automation is ultimately expected to replace human jobs that involved repetitive, and
routine tasks.

Efficiency - Machines are capable of performing tasks more efficiently than humans, and
automation technology can work 24/7 without breaks, whereas humans need rest and may
make mistakes due to fatigue.
Cost effective - Automation can be less expensive in the long run than hiring human
workers.
Scalability - Automated systems can be scaled up or down quickly and easily to meet
changing demands, while hiring and training human workers can be a slower process.
 Jobs In India That Could Be Extinct In 10 Years
Jobs in India that are at Risk of Becoming Obsolete.

 Telemarketers - The age of automation is already here, and with the rise of robocalls
and artificial intelligence chatbots, the need for human telemarketers is dwindling.
There are several contact centres that have already been replaced by automated calls.
 Travel agents - Online booking platforms such as Yatra, MakeMyTrip and Ixigo as well
as do it yourself travel planning tools have made it easier for consumers to plan and
book their own travel, reducing the need for travel agents.
 Data entry operators - Automation technology has made it possible for companies to
automate data entry tasks, eliminating the need for human data entry clerks. Data entry
automation refers to software-based solutions that can optimize data entry by
eliminating or reducing manual processes.
 All About Systematic Investment Plan
Systematic Investment Plan (SIP) facility through which you may investment in Mutual
Fund schemes wherein you pay a set amount every month/quarter/half year for a set tenure.

 When should you invest in mutual funds through SIP ?

SIP is beneficial as long as markets really are volatile or going down after you invested. If,
at all, the markets turn bullish and start rising, SIP won't be beneficial, and may give less
returns compared to lump sum investments. SIP is a simple concept and hence very
powerful.

 Why should you invest in SIP ?

The major advantage of SIP is a concept of rupee-cost averaging. SIP allows you to buy
more units as the market goes down and fewer units as markets moves up.
 Tips For Effective Financial Planning
let us make a start and look some of the basic steps you may want to take, to get started on
this journey towards efficient financial management.

 Set Your Goals - No matter what life-stage you are at, there ought to be some life-
events you may require planning for. Based on how far you are from achieving your
goals – 1.Long-term goals, 2. Mid-term goals & 3. Short-term goals.
 Ensure you have adequate Health Insurance - With a steep increase in medical costs,
buying a health insurance policy that adequately covers you and your family, may be the
need of the hour. You can choose the policy that fits your requirement.
 Ensure you have enough Term Life Insurance - a life insurance policy is bought for
the financial security of your loved ones in case of your unfortunate demise. A term life
insurance policy is a pure life insurance policy with relatively lower premium amounts
and higher cover.
 Tips For Effective Financial Planning
 Plan a budget and stick to it - It can be a good start to note down your monthly
earnings, expenditures & existing investments, and try to eliminate the unnecessary
expenditures in order to be able to save more.
 Do proper Tax Planning - when you are investing, it is advisable to invest in tax-
saving avenues that help you with an aim to optimize your returns as well as help you
save taxes.
 Retirement planning - you are not financially dependent on anyone after your
retirement. Here, it will be effective if you select an investment option that endeavours
to provide long-term returns that are sufficient for your living.
 Emergency Fund -It is recommended to have a relatively liquid fund handy in case of
emergencies. You may consider investing this amount in a debt fund with comparatively
higher liquidity and lower volatility so that the money is handy when you need it.
Thank You !!!!