BIMTECH BSIS Impact Series

Demonstrating Impact

BIMTECH’s journey of impact began when it decided to earn the label of Business School Impact System (BSIS) offered by European Foundation of Management Development (EFMD), Brussels. Going through the process, we realised that accountability should move from measuring output to measuring outcomes and impact. After receiving the BSIS label in 2019, the institute committed to measuring impact of its activities and adopted “building impact with quality” as its motto.

Every award brings greater responsibility towards serving the society. With the award of the prestigious BSIS label by EFMD to BIMTECH, we became conscious of connecting with the local community and impacting it in a positive way.

Impact dimension: Intellectual Impact

Often, there is a debate in the academic community about research papers and case studies. Accreditation bodies, ranking agencies sometimes do not consider cases as intellectual contribution. This raises the question: What is the real impact of research? Is it the publication in top ranked journals? Is it the citation counts? Or does it go beyond that and make a difference in the world. Amidst all this, BIMTECH has its vision to develop case writing and teaching capability.

With the award of the prestigious BSIS label by EFMD to BIMTECH, we became conscious of connecting with the local community and impacting it in a positive way.

With the mission “to build a vibrant and supportive community of both young and accomplished scholars by expanding opportunities to connect, explore ideas and publish cases”, the Centre for Management Case Development (CMCD), established in 2010, has taken up several initiatives, such as organising workshops on Writing and Developing Theory Linked Cases; shift the focus of the South Asian Journal of Business and Management Cases (SAJBMC) from teaching cases to research cases, organizing case analysis competition for students to name a few. To make CMCD a case ecosystem, resource materials have also been created and widely disseminated by the CMCD.

From 2016 onwards, using LinkedIn, Facebook, and Twitter accounts, CMCD started building a community of management professors and scholars. With the engagement of 11000 plus members of the virtual community, the flow of cases increased, the footprint of the International Conference on Management Cases and the SAJBMC covered more area.

These efforts of the centre have been recognised, and Global Business School Network (GBSN) included Dr. A K Dey, Centre Chairperson as a Member Case Method Steering Committee, of GBSN.

Impact dimension: Societal Impact

BIMTECH has maintained societal impact through policies in the area of CSR, Sustainable Development etc., which are integrated in teaching, research and outreach activities.

In 2020, a rigorous exercise was undertaken to carve out a vision document detailing strategy for 2021-2025, for continued vigour in the areas of responsibility and sustainability to strengthen the Institute’s commitment in this direction.

BIMTECH in collaboration with The Noida Metro Rail Corporation inaugurated a special school called “BIMTECH Vidya Kendra” for underprivileged children under the Pari Chowk metro station in August 2019.

The BIMTECH Vidya Kendra provides education and life skills training to children of migrant labourers belonging to the economically weaker sections. The centre also provides training in computer skills to young girls who have completed schooling or college and belong to poor families helping them to acquire necessary skills required to earn their livelihood.

As part of their program, our MBA students also complete several projects for disadvantaged populations. During the pandemic, they became even more important than before. These included, distribution of face masks, bars of soap and food packets to migrant workers. During the lockdown, students continued to help women in a nearby village to maintain their livelihoods by making envelopes using old books and paper that BIMTECH discards after the materials can no longer be used or reused. Students also are helping us work with NGOs to provide women with an opportunity to sell produce at local markets. All this was done while maintain physical distance.

The BIMTECH Vidya Kendra provides education and life skills training to children of migrant labourers belonging to the economically weaker sections. The centre also provides training in computer skills to young girls who have completed schooling or college and belong to poor families helping them to acquire necessary skills required to earn their livelihood.

Impact dimension: Business Development Impact

To support and mentor the entrepreneurial ambitions of BIMTECH students, alumni, faculty and the community at large, BIMTECH has created entrepreneurial ecosystem by multiplying connections among entrepreneurs and mentors, improving access to entrepreneurial education, creating events and activities that activate all the participants in the start-up community.

Some of these initiatives include:

  • Atal Incubation Centre (AIC) – The AIC at BIMTECH has supported 63 Startups to date since its operations started in January 2018. Built over a total area of 16,500 sqft, it also offers a facility of co-living space to its incubatees. AIC-BIMTECH has created 276 jobs via the incubated startups supported till date. It has 61 partnerships, 27 mentors and 9 incubatees who have raised funds. The innovation here lies in the focus on the creation of sustainable businesses through various public and private partnerships by providing market access and capital.
  • B K Birla Global Innovation Challenge (BGIC 2020) – It is the International Global challenge organised in the memory of Late Shri B K Birla. With over 900 applications received and along with a diverse panel of judges and esteemed partner firms, 20 finalists pitched their innovations for the cash prize of INR 10 lakhs and incubation support and benefits. The winner was Miraqules Medsolutions Pvt. Ltd. for their synthetic clotting innovation, the first runner-up was Fluid Robotics for AI-based water infrastructure solutions, and the second runner-up was Torus Robotics Pvt Ltd for new generation electric motors and dual controllers.
  • First Founders Program: AIC-BIMTECH in association with Foundation for Innovation and Technology Transfer (FITT) and Huddle, launched a free-to-apply program for young founders of the country. The five-month program focussed on structuring the ventures of the enrolled founders and will end with a demo day to attract the investors.
  • UDYAMI 7.0 is the 7th edition of the Biggest Business Carnival of BIMTECH. It is a platform for students to bring their ideas to the table and test their practicality and feasibility in the real environment.
  • E-LEADER WORKSHOP – The E-Leader workshop was conducted by the institute in association with Wadhwani Foundation in October 2019 for a select group of students and E-leaders who have been nominated by their institutes. The participants of this program went through facilitated sessions, self-study, and experiential learning in three phases: Preparation, Training, and Implementation.
  • Young Entrepreneurs Meet – The objective of the interaction between the students and the startup entrepreneurs was to create an entrepreneurial mindset among the students so that they can understand the passion and dedication one should have to become a good entrepreneur.

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