Jaipuria Indore has already made itself well-known as the first B-school in South-East Asia to provide its students a completely digital business management education. Now, in yet another interesting move, it has announced the‘Young Enterprise Mentorship Programme’ or YEMP-CHISEL. As is suggested by the word ‘Chisel’, this programme will help chisel Small and Medium sized companies into corporate houses of the near future. The programme is all set to begin in the first week of September.
“An internship is single-dimensional – a project decided by the corporate house or a task to be fulfilled. But YEMP-CHISEL will be two-way traffic, where students will be equal participants in the decision-making process of a company,” says Kanak Gupta, one of the three faculty members of Jaipuria Indorespearheading the programme.
On the 1st of September 2012, students of Jaipuria Indorewill be organised intogroups of three and will begin a 20-month long association with selectedstart-up companies. The programme will encourage these student groups to act as ‘catalysts’ in the growth of their respective companies. Each group of students will be mentored by a faculty member from Jaipuria Indore for the entire duration. In the first week of the YEMP-CHISEL programme, these ‘catalysts’ will visit their respective YEMPees – as these enterprises are fondly called – and study their business philosophy, model and practices. Based on this feedback, the ‘catalysts’ will then create a roadmap to take their YEMPee to the next level. This roadmap will then be discussed with key members of the concerned company in October. In the beginning of November, these teams will take a viva, submit a project report and make a full-fledged ‘strategy and perspective’ presentation. The YEMPee concerned will be a part of the evaluating process, along with the Director and programme heads of Jaipuria Indore.
“This is absolutely amazing! I had never imagined I’d be a part of transforming a company while studying in a B-school!” says Shravanti from the 2011-13 batch of Jaipuria Indore.
“It is not a training exercise. This is the real deal,” says Jagdish Prabhat, one of the faculty members of Jaipuria Indore heading the programme. “All the faculty members have been engaged as mentors. Progress will be reported every two months, with a review of the work of the catalyst teams by the Director, the programme heads and the YEMPee management. If we are to make managers who will change the face of the Indian economy, we have to do it right now and right here.”
It is hoped that by developing a relationship early on with these future corporate houses, Jaipuria Indore will ensure that its students have a bright and promising future.