THE COUNTDOWN has begun for IRIS 2006- the annual extravaganza hosted by Indian Institute of Management, Indore (IIM-I). HSBC chief executive officer Naina Lall Kidwai will inaugurate the four-day festival beginning from November 9.
The event has already garnered a reputation for itself amongst B-Schools of the country for its unmatched scope and scale and is already being touted as bigger and better than ever before.
Students at IIM-I repose firm faith in the dictum ‘there are B-school festivals, and then there is IRIS-larger than life’. IRIS already in its seventh year has events and contests catering to every management vertical, be it Finance, Marketing, Strategy, General Management and I.T. 25 of the top Business Schools across India are participating with over 150 students coming down to the campus during the days of the fest. The event website received 7 million hits last year.
Amongst a host of other games, the flagship event of Ashwamedha has set new standards with respect to participation, with more than 1000 participants registering for the game. IRIS has also introduced a one-of-a-kind social initiative event called Kalpavriksha, which seeks ideas from management students to improve the world around us.
RIL Ashwamedha, themed ‘Second Best is an Oxymoron’- is the flagship event of IRIS. It attempts to find the best manager from across the best Business Schools by testing the participants on leadership attributes like teamwork, stress handling, conflict management, and decision-making and presentation skills.
It is the ultimate challenge for all management students, wherein the participants are put through rigorous selection processes to come out with that one winner.
Participants are put through an extremely rigorous competition that involves several rounds both prior to the event and during two days of the event itself.
The winner walks away with a whooping Rs. 1.50 lakh as prize money, making Ashwamedha the most lucrative among all B-school contests.
Infosys Kalpavriksha, themed ‘Bright ideas for a better world’- is the social initiative game wherein participants are encouraged to come up with never-before solutions to social ills.
Using learning and concepts from their management training, they have to smartly address issues, which plague the society.
Kalpavriksha is a social initiative contest with a difference.
The objective of Kalpavriksha is to provide a platform to individuals with radical ideas – ideas that would benefit the social sector. With Kalpavriksha, we aim to extend the scope of IRIS as a B-school fest and reach out into the society at large. For the first time ever in any B-school event, participants will work towards developing innovative plans that will benefit society.
The objective of Kalpavriksha is to draw out ideas in novel entrepreneurship, a concept that involves the application of business ideas, concepts and theories in a way that will benefit society as a whole. The ideas are expected to be original and practically implementable.
The event is along 2 phases: Phase 1- the preliminary phase asked for participation across 25 of the top B-Schools of the country.
All those who were interested were asked to send in an Executive Summary describing their ideas in not more than 1500 words.
An entry typically contained the basic idea the participant wishes to work on, along with brief details of how it will be executed. It also contained a short justification for the participant selecting the particular issue.
Kalpavriksha was launched on September 25th, wherein participants were asked to submit Executive Summaries of their ideas. The last date for submission was the 8th of October.
With the help of NGO Ashoka as knowledge partner, Kalpavriksha intends to zero-in on that one ground breaking idea that could create an impact never seen before. The games encourages management trainees to become aware of their surroundings by reinforcing the concept of ‘corporate responsibility’ and not get blinded by the allure of the lucre.