Topic: Significance of Technology For a MBA Graduate
Date:July 27, 2010
Speaker Profile :
Mr. Sanjeev has 10+ years of experience in Consulting on IT solutions for product development & manufacturing. He is currently serving as Country PLM Manager for PLM Solutions business unit of Tata Technologies Limited (a subsidiary of TATA Motors) and is responsible for PLM solutions delivery operations in India. Prior to Joining Tata Technologies, he served as Advisory IT Specialist for PLM Solutions group at IBM for around 5 years. Before IBM, was working as a design engineer for a PSU under ministry of defence. Over the last 10+ years, was involved in introducing next generation PLM/CAD solutions at many manufacturing organisations across industry sectors in India including organisations like Hindustan Aeronautics Limited, Tata Motors, Ashok Leyland, Mahindra & Mahindra , Eicher Motors, Honda etc.
In his talk, Mr. Sanjeev Verma , Country Manager – PLM, Tata Technology Ltd. discussed about the significance of technology for a MBA graduate and highlighted the application of PLM – Product Lifecycle Management. Tata Technology Ltd. basically deals with engineering and design for the manufacturing sector where there is extensive use of PLM.
Today, PLM has become an important aspect of business. It serves the purpose of managing data on day–to–day basis to catering to the needs of the customer at large. By the use of PLM, studies have revealed that productivity increases. The basis for PLM is people, process and technology. PLM is a four dimensional process with its pillars being Discover, Define, Develop and Deploy to find the perfect solution. Tata Technology Ltd. serves a number of foreign companies like Boeing, GKN Aerospace, Goodrich etc and also serves domestic companies like TCS, Bosch, Honda to name a few.
Another important topic discussed was of knowledge management. Knowledge is a vast resource and we must en-cash upon it to remain competent. In today’s business scenario, knowledge is being increasingly recognized as a primary source of creating wealth. Technology plays an important role in managing the information gathered, storing it and then utilizing it in appropriate areas. Knowledge is of 2 types. One is Tacit which is inherited and the other type is Explicit that comes through studies, communication and from outside source. The knowledge generation process involves acquisition of data from different sources. From these data, new knowledge is created through problem solving innovative programs. These are coded and preserved for easy access by other members. Then there is transfer and utilization of this information throughout the organization as well as its application and use by members of the organization.
The fact that emerged from this enriching talk was that, for MBA graduates the future in technology management looks very bright and is full of opportunities.