Consulting Connoisseurs Bangalore Training

OBJECTIVE

Using Modeling and Simulations in Practical Business Applications

on 14 and 15 September 2015 at Bangalore

The early IT industry was focused on awareness and transparence. This was the ERP era, that came into existence in To learn the basics of modeling and simulation techniques and the 1990s, with a second wave in the late 2000s. However, see how they can be used in practical business applications to sometime in the early 2000s, the inference and analytics industry started picking up. Today, with technological convergence ensure better, more effective and more reliable results. and dynamic business environments, the need is shifting towards strong business logic and business behaviour. Modeling BACKGROUND and Simulation is a technique that helps companies realize the fulfillment of this need.

The evolving progression of innovation is aimed at solving realworld issues and many techniques and technological industries India has been a global player for IT services and Bangalore have helped give rise to newer areas of business domain exper- has been the epicenter of this emerging transformation. Howtise required at the corporate level as shown in the figure. ever, much of the IT services have been in the data gather, data

Curiousity

Data

Awareness

Capture

Transparence

Information

Past Trends

Inference

Predictions

Analytics

Business Logic

Modeling

Business Behaviour

Simulation

Office 4, Sai Plaza, Sector-15 Airoli, Navi Mumbai-400708, India Tel:+91-22-2779 8950 Web: www.consultingconnoisseurs.com

INNOVATIVE PROGRESSION

analysis and data visualization phase. The next wave of IT applications are going to use advanced methodologies to bring in newer paradigms of predictive technologies that go way above the conventional statistical methodology. In other words, incorporation of business factors are going to be the next wave of services in the industry. As the penetration of IT and electronic systems in manufacturing is only going to rise with the use of intelligent systems, a new foundation needs to be laid to promote this juggernaut of the third curve. In other words, one needs to go for the next stage using modeling and simulation techniques.

Modeling and simulation techniques are increasingly being used in business applications, especially in Europe and the US, giving a whole new dimension to managing resources and processes more effectively. These tools, techniques and methods (hereafter referred as tools) are often used for varying objectives like monitoring, control and innovation. Typical applications of these tools are done using specialized task forces in companies (similar to those into business analytics and business intelligence) that are going for strategic initiatives. Hence, it is also important for the senior management of organizations to understand the potency of these tools so as to effectively oversee and perform the applications, either internally or externally.

COVERAGE AND CONTENT The program covers a wide variety of topics: Sensitizing oneself to modeling and simulations Understanding the business context

the availability of resources; which, for a senior management professional, is an activity of delegation, monitoring and control. Hence, these activities are not the focus of this training exercise. The tools are powerful in enabling the participants to understand their ‘as-is’ reality and look at the factors that affect their business in a rigorous manner.

Helps define a rational for performance management: The use of modeling and simulation tools often provides an organization with objective approaches to performance management.

PARTICIPANTS’ PROFILE

Participants can initiate the applications of these tools, techniques and methods to help their company in the following Senior and middle level managers and front-line executives, esComparison of approaches used to derive solutions: pecially those working in self-contained units like profit cenways: what is the additional feature the modeling and simuters, divisions or project teams. lation technique can give us.

Developing transparence: The first application of these Hot groups created for turnaround, cost reduction, strategy Traditional modeling domains: an overview of the tools, techniques and methods is to develop transparence formulation or other strategic initiatives cases. Examples from financial modeling, risk modeling, in the business logic. These tools help companies see database modeling, operational modeling, bio-technical their processes and understand how things work in their Facilitators, trainers and other professionals seeking to widen modeling, etc. system and what the impact of the changes are going and deepen their capacity to use these tools. to be. These are widely used in union negotiations and Simple modeling using spreadsheets large change-management exercises in Europe, where sim- FACULTY ulations are used to clarify the management logic behind Basic steps to develop a more rigorous modeling and simstrategic initiatives that involve change management. ulation model (Case study in the supply chain domain) Nikhil S. Gurjar, is the founder and the President of ConsultAutomating processes: The system also helps the man- ing Connoisseurs. He has extensive experience in model and Fundamental approaches to use a model (Case study in ager understand areas that are potential candidates for simulation-based management consulting and has also worked the project management domain) system automation. High reliability, repetitive activi- in several sectors including steel, specialty materials, oil, white Incorporating domain specific knowledge (Three cases in ties with standardized interfaces are often good start- goods, consumer goods, education, IT, robotics technology different domains) ing points to improve the agility of the management sys- and textile. His functional expertise spans across the areas tem, something that enables long-term competitive advan- of management consulting, project management, sales, operaModalities of using these techniques tage. Modeling and simulation methods help identify tions and Information Systems and IT. His association has been such processes and can assist in gauging the scope of the with top industries like ThyssenKrupp, Oracle, Siemens, InApplications to business decisions: Identifying parameautomation in a far more concrete way. This also helps dian Oil, Electrolux and IIT. His experience has spanned across ters and business drivers (Case studies on the dimensions when discussing with potential automation partners and the geographies of the United States, Europe (including Gerin the business context) negotiating prices from a business perspective. many, France, Netherlands and Italy) and India. He is also, Creating a business environment that fosters to such aptherefore, fluent in 6 languages.

Reduce costs: Modeling and simulation techniques are plications widely used to reduce costs especially when the possible A graduate in Mechanical Engineering from IIT Bombay, he outcomes are many and the inter-dependence of outcomes also holds a gold medal MBA from NITIE, Bombay and a first on subsequent action is high. Simulation methods can help EXPECT THESE BENEFITS class master’s level specialization in Intellectual Property Law define a strategy with fair precision, giving a clear indifrom WIPO, Geneva and University of South Africa, Pretoria. cation of what can be saved, when and how.

Participants, depending on their specific business and work He has won several academic honors including the NCERT ˘Z´ of their contexts, will be able to understand the ‘dynamicsâA Foster a culture of innovation: The first fundamental re- National Talent Search Scholarship in Class X, the All India business better. As these tools and techniques are fairly comquirement for an innovative culture is a good under- Universal Science Talent Search Award in Class XII, the first plex, the participants will be able to understand what fundastanding of what is being done, how it is being done and prize in the Godrej sponsored All India Business Plan Commental principles are used, how to use them and where to use what business impact this particular activity has. These petition when at NITIE, the Chairman’s Best Student Award them. Subsequent activity involves of using these techniques methods help provide the pre-requisite to meaning ful in- at NITIE, the Director’s Best Project Award at NITIE and the and delivering results is dependent on the technical skill and novation in the system.

Gold Medal at NITIE.

Nikhil is currently releasing his book on Advanced Project Management that is focusing on the applications of modeling and simulation based methodologies in various types of project situations and environments.He also has published over 15 international papers in several areas including Business Process Re-engineering, Strategy Management, Supply Chain Management, Information Technology, Law and Education. Much of his work has been interdisciplinary and go on to demonstrate his extensive skills in diverse areas and techniques. They also explain the innovative approaches that were used to solve business issues across a variety of clients. Some of his papers are part of the MBA curriculum in colleges around the world.

Nikhil is also an empanelled Lean Management Consultant with NPC. His current organization is dedicated to spreading the awareness of these powerful tools for the Indian market and industry, thereby enabling them to realize their potential and their competitive edge in the global business environment.

He is a faculty at CII, PPMAI, IIT Bombay, VIT, TISS, Warwick Manufacturing Group, etc. for various programs for senior professionals. He has personally worked on consulting and allied services in over 50 companies through his career.

His specific interest is in trying to help Indian companies be competitive and work on modern technologies and growing markets.

He is currently launching a venture in the field of innovative product technologies.

VENUE For details about the venue, info@consultingconnoisseurs.com REGISTRATION DETAILS

REGISTRATION FORM please contact us at Name of Participant: Designation: Name of the Organization:

The details are as follows: For an individual participant, the fee structure would be INR 6500 + Service Tax (@14%) per person.

Expectations from the program In other words, INR 7410/- per person, all inclusive For two or more persons from the same organization, a discount of INR 750 will be given. In other words, the fees would be INR 6555/- per participant, all inclusive.

Fees include participation, course material (hard copies), working lunch and tea / coffee. Advance payment of fees Prior exposure to Modeling and Simulations for the specific is to be drawn in favour of ‘Consulting Connoisseurs.’

Requirement Note on Registration: Prior registration for participation by the sponsoring companies is necessary. Total nominations to be accepted will be 30.

Certificate of Attendance will be given to the participants.

Laptop is Mandatory for the Program

Payment Details: Our Cheque / Demand Draft dated No. for Rs. drawn in favour of ‘Consulting Connoisseurs’ is enclosed.