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Event Report: Alumni Connect Lecture Report on West Zone Series 2024
Event Report: Alumni Connect Lecture Series 2024- II
Type of Event: Guest Lectures
Date: 28th to 31st December 2024
Location: Faculty of Social Sciences Hall, Dayalbagh Educational Institute
Audience: Students from MBA Regular, MBA Innovation, MBA General Management, MBA Agriculture Management, MBA and PGD Waste Management, UG and PG MBA Integrated, MA (Business Management), BBA Regular and BBA Retail.
In continuation of the Alumni Connect Lecture Series-2024, the Department of Management organized second series of guest lectures for MBA and BBA students, aiming to bridge the gap between theoretical knowledge and practical applications in the professional world. These lectures were designed to expose students to the latest industry trends, enhance their understanding of real-world challenges, and equip them with essential skills for career advancement. By engaging with experienced professionals, students gained valuable insights into diverse areas of management and career planning.
Date: 28th December, 2024
Speaker: Mr. Kapil Saini
Designation: Founder & CEO- ‘Neeti’, ‘Cosmos’, ‘EHealthSource’ and ‘LetsEnkindle’
Topic: Revenue Cycle Management and AI Applications
Students were introduced to the critical role of technology and AI in streamlining financial operations and improving organizational efficiency. Mr. Kapil Saini, addressed students, shedding light on the intersection of healthcare finance and advanced technology. Mr. Saini captivated the audience by explaining the critical importance of efficient revenue cycle processes for the sustainability of healthcare organizations. He emphasized the growing role of Artificial Intelligence (AI) in revolutionizing RCM, urging students to explore this evolving field, which combines healthcare operations with cutting-edge technology. Key takeaways from his lecture included:
- Automation of RCM Tasks: Mr. Saini discussed how AI is increasingly integrated into revenue cycle management to automate time-consuming tasks such as claims processing, patient billing, and coding. This automation reduces administrative burdens, minimizes errors, and enhances workflow efficiency.
- Improved Payment Accuracy and Reduced Denials: He highlighted how AI can improve the accuracy of payments by predicting errors in claims before submission. This reduces claim denials and ensures faster reimbursements, contributing to the financial stability of healthcare organizations.
- AI-Driven Data Analytics: Mr. Saini emphasized the importance of AI-powered analytics in transforming RCM strategies. Real-time insights derived from data analytics allow healthcare providers to make informed, data-driven decisions, optimizing financial performance.
His lecture was both insightful and motivational, providing students with a comprehensive understanding of how AI is reshaping the field of revenue cycle management.
Date: 30th December, 2024
Speaker 1: Mr. Amit Bhatnagar
Designation: Founder & CEO- The Pratham Group
Topic: Latest Trends and Challenges in Human Resources
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Mr. Amit Bhatnagar delivered an insightful lecture titled "Latest Trends and Challenges in Human Resources." The lecture focused on the evolving practices within HR, highlighting significant areas such as workforce diversity, remote work, and the emerging challenges in talent acquisition and retention. Mr. Bhatnagar emphasized the necessity for organizations to continuously adapt their HR strategies to meet the demands of a rapidly changing work environment. This lecture explored evolving HR practices, including managing workforce diversity, remote work, and emerging challenges in talent acquisition and retention. Key points discussed during the lecture included:
à Workforce Diversity: The importance of creating inclusive workplaces and fostering diverse teams to drive innovation and improve decision-making.
à Remote Work: Best practices for managing remote teams, maintaining employee engagement, and facilitating effective communication in virtual work settings.
à Talent Acquisition and Retention: The shifting expectations of employees, particularly regarding work-life balance, flexibility, and career development opportunities, and how companies must evolve to attract and retain top talent.
The lecture generated significant interest among students, who actively participated in the discussion. Several students raised questions about the challenges of maintaining team cohesion in remote environments, while others inquired about the long-term effects of diversity initiatives on organizational culture. Mr. Bhatnagar provided detailed responses, offering practical insights and real-world examples that enriched the session. Overall, the lecture provided valuable knowledge on the current HR trends and challenges, fostering a thoughtful exchange of ideas.
Date: 30th December, 2024
Speaker 2: Mr. Keshab Chopra
Designation: Founder & CEO- Consergy
Topic: A Journey of an Entrepreneur
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Mr. Keshab Chopra delivered an inspiring session titled "A Journey of an Entrepreneur." During the lecture, he shared his own entrepreneurial journey, highlighting the experiences, challenges, and lessons he learned along the way. Mr. Chopra discussed how he started his business from scratch, the initial struggles he faced, and how he navigated through setbacks to achieve success. His personal story served as a powerful example of perseverance, adaptability, and the importance of having a clear vision. Key points discussed during the session included:
à Overcoming Challenges: Mr. Chopra shared the personal and professional obstacles he encountered while building his business and how he transformed these challenges into opportunities for growth.
à Entrepreneurial Mindset: The importance of resilience, risk-taking, and continuous learning in navigating the ever-changing business landscape.
à Lessons Learned: Mr. Chopra reflected on crucial lessons related to leadership, decision-making, and how to manage both success and failure in the entrepreneurial journey.
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The session resonated deeply with the students, inspiring many to consider their own entrepreneurial aspirations. Several students actively engaged with Mr. Chopra, asking about the difficulties of managing work-life balance and scaling a business. Mr. Chopra provided insightful answers, offering practical advice on staying focused, motivated, and maintaining a strong mindset in the face of challenges. The session was both informative and interactive, leaving students with valuable takeaways about the realities of entrepreneurship.
Date: 30th December, 2024
Speaker 3: Mr. Sunil Mehta
Designation: Advisor- Fintech Startup, Consultant-Banking Expert (EY)
Topic: Career in Banking and Personal Finance
Mr. Sunil Mehta delivered a lecture on "Career in Banking and Personal Finance." The session provided students with an in-depth understanding of the banking sector and the various career opportunities it offers. Mr. Mehta shared his extensive knowledge of the financial industry, offering practical insights into the skills and qualifications required to excel in banking and personal finance careers. Key points discussed during the session included:
à Career Opportunities in Banking: The different roles available within banking, from retail banking to corporate finance, and the skills required for each.
à Personal Finance: The growing importance of financial literacy and personal finance management in today’s world, and how individuals can build careers advising clients on investments, savings, and wealth management.
à Industry Trends: The current trends in the banking and finance sectors, including digital banking, fintech innovations, and the increasing demand for financial advisors and analysts.
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Students actively engaged with Mr. Mehta, asking questions about the future of banking in the digital age and how to break into the financial sector. Mr. Mehta shared his expert advice on how to develop a strong career foundation, highlighting the importance of continuous learning, certifications, and networking. The session was well-received, with students leaving with a deeper understanding of the dynamic and evolving career opportunities in banking and personal finance. The lecture guided students on the prospects in banking and personal finance, emphasizing strategic planning for financial growth.
Date: 31st December, 2024
Speaker 3: Mr. Sandeep Kalra
Designation: Professional Certified Coach, Retd. DGM (Bharat Petroleum Corporation Ltd.),
Topics: How coaching could help you realise your full potential
How Effective Communication and Negotiation Skills Help You Succeed
The final sessions underscored the importance of soft skills in achieving professional success, focusing on the role of coaching communication and negotiation in workplace dynamics. Mr. Sandeep Kalra, a success coach, delivered a compelling session on "How Effective Communication and Negotiation Skills Help You Succeed." The lecture focused on the crucial role that strong communication and negotiation abilities play in both personal and professional success. Drawing on his extensive experience, Mr. Kalra shared valuable strategies and techniques that individuals can use to enhance their communication and negotiation skills. Key points discussed during the session included:
à Importance of Communication: Mr. Kalra emphasized the need for clear, concise, and assertive communication in all aspects of life, particularly in leadership and team dynamics.
à Negotiation Skills: The essential tactics for successful negotiation, including understanding the needs of others, building rapport, and finding mutually beneficial solutions.
à Real-life Applications: Practical examples of how communication and negotiation skills can make a significant difference in career advancement, business growth, and conflict resolution.
The lecture sparked great interest among students, who asked questions about overcoming communication barriers and improving negotiation outcomes in high-pressure situations. Mr. Kalra shared his insights on the psychological aspects of negotiation and the importance of active listening and empathy. The session was engaging and interactive, leaving students with a deeper appreciation for the power of effective communication and negotiation in achieving success in their careers and personal lives.
