internship at voltas

INTERNSHIP AT VOLTASCORPORATE PLANNING

WHAT WE ARE

HOW WE WORK

CORPORATE PLANNING

2CORPORATE PLANNING, VOLTAS

WHAT WE ARE

HOW WE WORK

CORPORATE PLANNING


WHAT DO YOU KNOW ABOUT VOLTAS ?


Most of you would be aware that

VOLTAS IS THE SECOND LARGEST BRAND IN INDIAN AIR-CONDITIONER MARKET

YES. BUT VOLTAS IS MORE THAN JUST AN AIR CONDITIONER COMPANY 5CORPORATE PLANNING, VOLTAS

VOLTAS

• Offers engineering solutions for a wide spectrum of industries in areas –– Heating, Ventilation and Air Conditioning– Refrigeration– Electro-Mechanical Projects– Textile Machinery– Mining and Construction Equipment– Materials Handling– Water Management– Building Management Systems– Indoor Air Quality

– Commercial Refrigeration

• Executed projects in more than 30 countries worldwide


Prestigious project orders won during 2008-09 Order Value Rs. Crore

Kolkata's Netaji Subhas Chandra Bose International (NSCBI) Airport,

Chennai International Airport

300

YAS Mall Retail Development, Abu Dhabi 1000

WE PLAY IN DIFFERENT AREAS OF PROJECTS LANDSCAPE

Civil

works

Critical

equipmentMEP

Design Construction Post-construction

OperateAutomation

DesignFacilities

Management

Buildings

Industrial

Infrastructure

Industry

Core

Adjacent

IN 2008-09, ELECTRO-MECHANICAL PROJECTS CONTRIBUTED 63% OF OUR TURNOVER 7CORPORATE PLANNING, VOLTAS

8

VOLTAS IS AMONG THE MOST RESPECTED ENGINEERING PROJECTS COMPANY IN MORE THAN 30 COUNTRIES

MARINA MALL ETISALAT BUILDING

ABU DHABI

DUBAI

DUBAI

CORPORATE PLANNING, VOLTASBURJ TOWER

WE ARE THE PIONEERS AND NUMERO-UNO IN ELECTRO-MECHANICAL PROJECTS IN INDIA

MAGARPATTA CYBERCITY, PUNE

HYDERABAD INTERNATIONAL AIRPORT


WE ARE THE TOP REPRESENTATIVE OF MINING & CONSTRUCTION EQUIPMENTS IN INDIA

Wheel LoadersExcavators Crushing & Screening Cranes

O&K, TEREX LETOURNEAU PEGSON XCMG


WE ARE THE LARGEST REPRESENTATIVE FOR TEXTILE MACHINERY IN INDIA

Carding System Combing System Ring Spinning System

Complete Spinning Solution Provider

Knitting ProcessingWeaving

Post Spinning Solution Provider 11CORPORATE PLANNING, VOLTAS

…AND ARE A STRONG FORCE IN OTHER DOMAINS OF OUR OPERATIONS

MATERIAL HANDLING

EQUIPMENT

WATER

MANAGEMENT


WE PLAY THE ROLE OF AN“ENGINEERING SYSTEMS INTEGRATOR”

ACROSS DIVERSE DOMAINS

Did you see the common thread running across ourseemingly disparate set of businesses…


WE ALSO HAVE A PROUD PARENTAGE…

VOLTAS IS PART OF THE USD 62 BN TATA GROUP


WE HAVE A NEW VISION IN PLACE TO MAKE VOLTAS AN ENTITY OF EMINENCE IN THE INDIAN INDUSTRY

REVENUE : Rs 10,000

Cr

PAT MARGIN : 10 %

YEAR : 2010-11

5.5X REVENUE GROWTH IN 4 YEARS

(FY07 TO FY 11)

14X PROFIT GROWTH IN 4 YEARS

(FY07 TO FY 11)

15CORPORATE PLANNING, VOLTASMEGAVOL IS THE AUDACIOUS VISION OF VOLTAS

IN 2008-09, TURNOVER WAS Rs 4070 Cr & PBT WAS Rs 367 Cr

-50

0

50

100

150

200

250

300

350

400

0

500

1000

1500

2000

2500

3000

3500

4000

4500

1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005-06 2006-07 2007-08 2008-09

PB

T in

Rs.

Cro

re

TO in

Rs.

Cro

re

Sales & Profit Growth

Sales PBT (before extraordinary items)

MEGAVOL HAS HELPED US RAMP UP OUR GROWTH RATE


Tata’s Have Created A Buzz Around The World With Their Aggression

Voltas Has Embraced This Aggression Of Tata Group..

AND WE ARE AIMING HIGH!

WE WILL INCREASE OUR EMINENCE IN TATA GROUP


VOLTAS IS ON A TRANSFORMATIONAL JOURNEY

AND FOR THE UNINITIATED..Voltas Is Here To Select Enthusiastic Young Drivers For This Journey!


WHAT WE ARE

HOW WE WORK

CORPORATE PLANNING


Mr S. Dandekar, Project Director

Burj Towers, Dubai - The tallest man-made structure in the world

Mr S. Sidhwani Project Director

Changi Water Reclamation Plant, Singapore - World’s largest

DTSS

Mr A.H. Jeddy, Project Director

Queen Mary II - World’s largest luxury liner

Mr Suresh Nayar, AGM (Special Projects)

Palm Beach Mall Galleria, Mumbai - India’s first electro-

mechanical project

Mr Pradeep Bakshi, VP - Operations (UPBG)

UPBG - First in India to Launch Star Rated RACs

VOLTAS PROVIDES A VERY CHALLENGING WORK ENVIRONMENT TO DRIVE MANAGERIAL GROWTH


VOLTAS PROVIDES FAST TRACK GROWTH OPPORTUNITIES TO NURTURE ASPIRATIONS OF ITS BEST PERFORMERS


MILIND SHAHANE, IIM AHEMADABAD, IIT BOMBAY

JUNE 1990

• TAS Manager

JUN 1991

• Divisional Manager - Marketing, Telco Construction Equipment Co.

APR 2001

• Vice President – MHBD and M&CE

JUN 2005

• Vice President - EPBG

NOW• Dy. COO & Sr. Vice President – EPBG

At the age of 45,

Milind is heading business of ~ Rs 560 Cr22CORPORATE PLANNING, VOLTAS

PRASANNA PAHADE, IIM KOLKATA

JUNE 2004

• Senior Manager – Corporate Center

JUNE 2005

• AGM – Corporate Center

JUNE 2006

• DGM – Corporate Center

NOW• GM – Corporate Planning

At the age of 34,

Prasanna is heading Corporate Planning for Voltas23CORPORATE PLANNING, VOLTAS

JAYANT BALAN, S.P. JAIN

JUNE 2001

• Joined from TAS as Manager (Operations), Special Projects

JUNE 2002

• Promoted to Senior Manager , Operations

JUNE 2003

• Promoted to Works Manager, Commercial Refrigeration

OCT 2005

• In-charge, Setting up new Manufacturing Facility at Pantnagar

NOW• DGM – Sourcing & Logistics

At the age of 34,

Jayant is heading Sourcing & Logistics for Unitary Products Division24CORPORATE PLANNING, VOLTAS

FARHANA KHAMBATA, NMIMS

JUNE 2000

• Joined as Management Probationer

NOV 2001

• Promoted to Senior Executive Assistant (F&C)

APR 2003

• Promoted to All India Commercial Manager

NOW• Handling Risk Management & Special Projects

At the age of 32,

Farhana is heading Forex & Insurance Management for Voltas25CORPORATE PLANNING, VOLTAS

Performance

Orientation

Learning

Opportunities

Practice Of

TATA’s

Ethical

Values

Work-life

Balance

Value For

Employee

Opinion

Respect & Care For

Employees

VOLTAS GIVES HUGE VALUE TO OTHER FACTORS AS WELL


AKANKSHA (MENTORING PROGRAMME)Mentoring children from economically weaker sections of society

JOSEPH CARDIJN TECHNICAL SCHOOL Full infrastructural support to impart training in air-conditioning

SHEPHERD WIDOWS‘ HOME Spending time with the elderly and maintenance of the facility

SCHOOL OF HOPE Institution for development of mentally challenged children

VATSALYA Working with this NGO for main-streaming street children

WE ARE PART OF MANY OTHER INITIATIVES & SUPPORT MANY OTHER TRUSTS

VOLTAS GIVES ITS EMPLOYEES A PLATFORM TO SERVE THE COMMUNITY


PARTIESANNIVERSARIES

INDUCTION TREKTEAM TRIPS

BEST DRESSED

AND VOLTAS IS ALSO A FUN PLACE TO WORK (I)


DUSSHERA

ONLY MASTI !!ONLY MASTI !! ONLY MASTI !!

TREASURE HUNT

AND VOLTAS IS ALSO A FUN PLACE TO WORK (II)


WHAT WE ARE

HOW WE WORK

CORPORATE PLANNING


CORPORATE PLANNING ACTS AS EXTENDED ARMS OF MANAGING DIRECTOR

MANAGING DIRECTOR

COO – EM&RBGCOO –

UPBG, EMD, EPBG

Dy. COO - UPBG Dy. COO – EMD Dy. COO – EPBG

Support Services -HR, F&C, IT

CORPORATE PLANNING


CORPORATE PLANNING PLAYS AN IMPORTANT ROLE IN DEFINING COMPANY STRATEGIES AND DRIVING CORPORATE INITIATIVES

Corporate strategy

Portfolio review (

Identify and evaluate

M, A & D opportunities)

Jointly develop business

strategy with SBU

Performance review

Manage subsidiaries

and JV performances

Identification of new

business

opportunities

Developing entry

strategy

Nurture new

businesses

STRATEGIC PLANNING NEW BUSINESSES

CORPORATE PLANNING

Effective

implementation of

corporate initiatives

like cost

reduction, BSC etc

Corporate

Sustainability

CORPORATE INITIATIVES


DRIVE MEGAVOL ASPIRATIONS

HELP DIVISIONS/ BUSINESSES WIN

Improving Strategic Thinking

Looking at possible disruptions in the business / model

Figure out the “direction” of the punch

CORPORATE PLANNING ACTS AS A COACH / CRITIC TO THE ORGANISATION


CORPORATE PLANNING ENABLES CHANGE, BEFORE THE ORGANISATION IS FORCED TO….

Opportunity to gain a 3600 view of the business in a short time

Working with senior management teamVery little margin for error

Leading organizational transformationUnderstanding repercussions and navigating implementation

issues

Developing comfort with ambiguityDynamic nature of work

Exercising excellent people skillsAbility to gauge people sensitivities

Keeping oneself updated on current business environment and management thinking

A PROFILE IN CORPORATE PLANNING HAS CONSIDERABLE CHALLENGE AND HUGE DEVELOPMENT OPPORTUNITY


Bring in fresh perspective and innovation in all aspects of work

Challenge the status quo

Have entrepreneurial bent – New business ideas and growth opportunities

Be self driven, taking initiative and ready to take on more responsibility

Willing to learn and adapt

Be flexible - Job rotation for widening the business perspective

CORPORATE PLANNING EXPECTS ITS YOUNG MANAGERS TO TAKE UP THE CHALLENGE OF SHAPING THE FUTURE OF VOLTAS


ASHOK SONI

Managing Director, Voltas

TEAM SPEAK


All organizations have improved only with Change –Incremental as well as Radical

Just having an idea for change is not enough. The idea needs to be carried through to implementation in the

organization. We expect interns to learn / apply on how to get the things thru to people – buy in is the

ultimate requirement for change

PRASANNA PAHADE

IIM KOLKATA

TEAM SPEAK


Projects in Corporate Planning provide a helicopter view of the business.

This understanding of the overall business context eases navigation through specific

issues of the project.

DILIP JAIN

S.P. JAIN

“Internship @ Voltas” challenges interns by giving them live business cases with definite

end states.

It breaks many old working styles and teaches how to sustain and grow in an high

performance environment.

ARUN SRIVASTAVA

SoM, IIT KHARAGPUR

TEAM SPEAK

38

We empower our interns and encourage them to bring out their judgment. At Voltas we value accountability and all interns are put through

rigorous reviews.

Gym, games, library, team outings and parties @ Voltas foster overall personality

development of our interns

SHAILESH KAMAT

SIBM

“Internship @ Voltas“ is an ideal platform for an aspiring MBA to gauge his/ her mettle.

Judging the internship experience of my batch-mates, I can vouch that “Internship @ Voltas”

is among the best

GUMEET NANDA

SoM, IIT KHARAGPUR

TEAM SPEAK

39

Being a management intern at Voltas would be a first opportunity for many to see the

corporate strategies taking shape right at the operations level.

During the short duration one can see the breadth and depth of an organization's working

style.

We offer interns the responsibility to implement their project recommendations in

VoltasProvide them exposure to different hierarchy level - from top management, business heads

down to the operations team.

TEAM SPEAK

ANJANI SINGH

SoM IIT KHARAGPUR

PAVAN MALOO

PUMBA

40

Knowing that you have the power to bring a change in company’s strategies is a stimulating

feeling.

Voltas treats the interns as Change Agents!

SHAMBHAWI SATYA

SoM IIT KHARAGPUR

TEAM SPEAK


IIT KHARAGPUR

SIBM, PUNE

JBIMS, MUMBAI

NITIE, MUMBAI

SPJIMR, MUMBAI

OUR CAMPUS PARTNERS

SCMHRD, PUNE SIMSREE, MUMBAI

IIT KANPUR

PUMBA, PUNE


THIS YEAR WE PLAN TO VISIT 10-12 BEST B-SCHOOLS ACROSS INDIA

FINANCE

You may help in M&A transaction

You may set up commodity hedging practice in VL

MARKETING

You may redefine our GO-TO-MARKET scenario for any

business

You can plan marketing campaign for AC

STRATEGY

You may work on organizational redesign

You can discover market factors which can change the game

OPERATIONS

You can touch just about anything for process reengineering

You can help us win TBEM (Tata Business Excellency Model)

INFORMATION TECHNOLOGY

You can develop long term IT strategy

HUMAN RESOURCES

Policy / process revamp

CORPORATE PLANNING OFFERS INTERNSHIP IN ALL DOMAINS


ALL INTERNSHIPS BEING LIVE BUSINESS CASES, EXACT PROJECT CAN ONLY BE GIVEN SUBSEQUENT TO ADOPTION OF “STRATEGIC BUSINESS PLAN”

FLAVOUR OF CURRENT YEAR INTERNSHIP PROJECTS

Projects under Implementation / Consideration

Oil & Gas Sector Mapping and Creating an Entry Strategy

Metro Railways - Potential and the way ahead

Working Capital Management of MHBD

Developing Business Plan for Global Engineering Center (GEC) as profit center

Determination of current Break-Even Point & Reduction of BE point of Forklifts by 50% (incl. make vs. buy decision)

RIE Market Potential and Reach

Reduce Transit Damages & Dead on Arrival

Market Intelligence for TMD Spinning

Cost Management for Customer Care Operations

Develop Business Model for Energy Management Solutions

Setting up of Structured procedure for follow-up of bought out materials

Reduce lead time for product delivery to branches

44CORPORATE PLANNING, VOLTAS50+ MAN-MONTHS OF INTERNSHIP IN CURRENT YEAR

INTERN-SPEAK


WHAT YOU CAN LOOK FORWARD TO

CHANCE TO WORK IN THE MOST SOUGHT AFTER CORPORATE PROFILE

LIVE IMPLEMENTATION CASES TO HANDLE

PRESENTATIONS BEFORE CORPORATE MANAGEMENT GROUP

EXPERIENCING TRANSFORMATION OF VOLTAS


AND A CHANCE FOR A LONG-TERM ASSOCIATION WITH VOLTAS

REMUNERATION AND RECOGNITION

• Opportunity to work on International Projects

• Stipend of Rs. 15000 per month

• Cash Prize of Rs. 5000 per month to the interns who implement their projects successfully

• ‘Best Intern Award’

• ‘Best Change Idea Award’

• PPI Policy


A PARTING THOUGHT…


We are here looking for this

WINNING ATTITUDE

“It will always be YOUR ATTITUDE at the beginning of any task, which, more than anything else, will affect its

SUCCESSFUL OUTCOME”


VOLTAS ANTHEM“From Good To Great”


Any More Questions


Looking Forward To Meet You

At The

Voltas Summer Internship

Process ..


THANK YOU

internship at voltas

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