We have attached this month's SIMCON monthly newsletter-BEACON in this email.
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Contents:
Green Belt Six Sigma Certification Drive at SIMSREE by SIMCON with Benchmark team,
Article about RENEWABLE ENERGY CONSULTING by our own Mr. Prathamesh Limaye
SIMCON's First Guest Lecture from consulting world Mr. Gulzar Karim from Deloitte Consulting LLP
Know your Company: Deloitte
Mini Quizz for brainees
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
SIMSREE Consulting Club Newsletter -January 2013
1. Mail to:
simcon.simsree@gmail.com
INDEX
It gives us great pleasure to announce that SIMCON – SIMSREE Consulting
Club has successfully hosted Green Belt Certification drive with the help of Bench-
mark Six Sigma. During this workshop spanning 4 days (23rd, 24th, 26thand 27th) 24
students witnessed some amazing teaching skills from none other than CEO and
Lead Facilitator of Benchmark Six Sigma, Mr. Vishwadeep Khatri.
Mr. Vishwadeep conducted all four days at SIMSREE. It involved entire
course of green belt certification. With the help of state of the art technological
teaching and practices, he ensured that students are given all the knowledge and
expertise needed by Six Sigma practitioner as well he ensured that all four days of
learning will be remembered as pleasant & knowledgeable experience to all the
students. Workshop ended on 27th with RABQSA certifying exam, which certified
our students with Six Sigma Green Belt.
Just after conducting guest lecture by the consultant of leading consultancy
firm Deloitte Consulting LLP, SIMCON has taken a big leap forward by completing
SIX SIGMA certification drive successfully. Kudos to team and all the Participants !!
1 . O P E N I N G O F 2 0 1 3 ( S I M C O N W I T H B E N C H M A R K T E A M )
S I M C O N W I T H
B E N C H M A R K T E A M
1
R E N E W A B L E
E N E R G Y C O N S U L T I N G
2
K N O W U R C O M P A N Y :
D E L O I T T E
3
G U E S T L E C T U R E B Y
M R . G U L Z A R K A R I M
4
Q U I Z F O R J A N U A R Y 5
C O N T A C T U S 5
A MONTHLY NEWSLETTER FROM SIMCON - SIMSREE CONSULTING CLUB
B E A C O N
BE-A-CONSULTANT
Sydenham Institute of Management Studies, Research and Entrepreneurship Education
Volume 3 January 2013
2. Renewable Energy consulting is all
about creating awareness about clean and
non-conventional sources of energy to
the general mass and to facilitate the usage
of such sources to the interested community.
We all agree that this topic stands as
utmost importance in today’s era where the
pollution, global warming, fossil fuels
degradation are burning issues and this
therefore calls upon to try & develop various
alternatives which can either complement or
substitute the current sources of energy and
carve the way for new sustainable future.
Some of the important sources of
energy which Renewable Energy which
consultant must have an expertise upon are
shown as follows:
Solar Energy
Wind Energy
Hydel Power
Biomass
As one can see, these sources of
energy utilize a green or a clean modes of
energy generation and these sources are
easily available & abundant.
As a consultant one must have a all
the knowledge of happenings around the
developments happening in this field, and
legal and statutory supports provided by
the government in this field. Apart from this a
basic know-how of the overall energy sector,
because when you try and talk to clients for
a possible solution.
Adjacent pie chart shows that the
country like India is heavily dependent on
the fossil fuel based sources of energy,
which is grave impediment on India’s Energy
security needs as any upward trends in the
prices of fossil fuels directly impact the
infrastructural and fiscal deficit of the
country. The very fact that UMPP projects
like Adani Mundra and Tata Power have
been closed down or are being underutilized
due to coal pricing and linkages issue clearly
highlights this drawback. This also creates a
serious power deficit within the economy.
Q. Which are major Renewable Energy
Consultancy organizations, what sort of
services do they provide?
This is a very niche field of con-
sulting and right now in the stages of
infancy, but poised to grow by leaps and
bounds in the coming decades. So one
cannot typically name out the D&Bs or
the KMPGs for this sector. Having said
that CRISIL’s infrastructure advisory
do have a section doing work in India.
Typically Renewable Energy Con-
sultancies go through the energy con-
sumption profiles of their clients by
studying their Electricity Bills, Meter
reading etc. and they set up a proposal
giving out the technical and the finan-
cial feasibility of setting up an Alterna-
tive Energy project for the clients.
Once this report has been passed
through, these consultants can help in
tendering & inviting bids from Ven-
dors to help set up and execute this pro-
ject as an EPC. Once the vendor has
been chosen, consultants can monitor
the project execution by the vendor and
can advise clients on the way his project
is being executed.
Thus typically a consultant’s job
mainly deals in Project Management
right from pre proposal to post execu-
tion monitoring. They may themselves
also become vendors of a specific com-
pany, i.e. Vertical integration to provide
front end (consultancy) as well as back
end (set-up) services.
Q. Opportunities, pros & cons in this
sector
As this sector is in the range of infancy,
career-growth opportunities are im-
mense. However one needs lots of persis-
tence, patience and perseverance in this
field as due to their inherent high capital
costs, Renewable Energy projects take
typically more than a year to pass through
in terms of decision making for a client.
For being a successful consultant one
must have the conviction to convince
your client. As this is a word-of-mouth
industry, it is of utmost importance to be
effective in relationship management with
your clients.
Q. About ETA Energy Consultancy Ser-
vices EECS
Eta is the Greek symbol for Efficiency
(also acronym for Energy Efficiency in the
fields of Electrical, Thermal and Air han-
dling.)
EECS provides consultancy in the
field of Renewable Energy, Energy Audit,
Green Building Solutions and in the field
of Efficient Electrical Installations.
(Founded by Mr. S.C. Limaye BE Electrical
and BEE Certified Energy Auditor in March
2011 in March 2011.)
Having more than 10 years of experi-
ence in the renewable energy sector being
the Alternate Energy Sources head India
for ACC Ltd & Ambuja Cements Ltd.
Mail me: Prathmesh.Limaye@simsree.net
Page 2: BEACON
B E A C O N : R E N E W A B L E E N E R G Y C O N S U L T I N G
Contributed By: Mr. Prathmesh
Limaye, SIMSREE, MMS 2011-2013
3. Deloitte Touche Tohmatsu Ltd,
commonly referred to as Deloitte, is one
of the Big Four professional services
firms along with Ernst & Young, PwC
(PricewaterhouseCoopers), and KPMG.
Deloitte is the second largest
professional services network in the world
by revenue and has 193,000 employees
in more than over 150 countries providing
audit, tax, consulting, enterprise risk
and financial advisory services. In
FY 2012, Deloitte earned a record $31.3
billion USD in revenues.
In 2012, it is reported that in the
U. K. Deloitte has the largest number of
clients amongst FTSE 250 companies.
Its global headquarters is located
in New York City, United States.
* Services offered by Deloitte
Deloitte member firms offer its
services in the following functions, with
country-specific variations on their
legal implementation (i.e. all operating
within single company or through separate
legal entities operating as subsidiaries of
an umbrella legal entity for the country)
* Audit, Enterprise Risk Services:
Provides the organization with
traditional accounting & audit services,
as well as offerings in the enterprise risk
management, information security and
privacy, data quality & integrity, project
risk, business continuity management,
internal auditing and IT control assur-
ance.
* Consulting:
Assists clients by providing them
services in the areas like technology
integration, strategy and operations,
enterprise applications, human capital,
and short-term outsourcing.
D E L O I T T E
Page 3: BEACON
K N O W Y O U R C O M P A N Y
* Financial Advisory:
Provides corporate finance services
to clients, including dispute, personal and
commercial bankruptcy, forensics, e
-discovery, document review, advisory
and valuation services
Public Sector:
Deloitte is one of the leading
providers of state benefits eligibility sys-
tems and is widely recognized as an indus-
try leader across the United States for Medi-
caid Eligibility Systems.
* Tax:
Deloitte Helps clients increase their
net asset value, undertake transfer pricing
and international tax activities of multina-
Deloitte Consulting
Parent
Company
Deloitte Touche Tohmatsu
Limited
Sector Financial Services
Tagline Always One Step Ahead
USP
They provide implementation
services along with consultation
STP
Segment
Companies looking for business
and management consulting
Target
Group
Urban businesses and corporate
organisations
Positioning Auditing and financial consultant
SWOT Analysis
Strength
1. Business –led and IT-enabled
approach to the clients
2. Experts in audit business
having over 193,000 employees
in 150 countries
Weakness
1. They have not yet penetrated
completely in Asia Pacific region
2. Expert in financial & audit
services limits them from being
strategy consultants
Opportu-
nity
1. With financial & audit exper-
tise entry in Global financial
services
2. They could pursue more of
mid-market businesses
Threats
1. Stiff competition from existing
industry players
2. Fluctuations in currencies
affects international projects
Deloitte In Consulting News:
Jan. 16 Todd Kerr, an accomplished
health industry compliance & audit executive ,
has joined Deloitte & Touche LLP’s expanding
national Governance, Regulatory and Risk
Strategies (GR&RS) practice. He is managing
director serving Deloitte’s health care clients.
Tech, media- telecommunications
(TMT) practice at Deloitte has announced its
predictions for the media sector in 2013. They
have predicted Next generation HD 4K’s kick
off and Mobile advertising being replaced by
Long live tablet & smartphone advertising.
Deloitte has acquired substantially all
of the business of Monitor, one of the world’s
leading strategy consulting firms. Transaction
combines Monitor’s strong brand, thought
leadership and exceptional talent with
Deloitte’s extensive reach, access and
resources to consolidate Deloitte’s position
as a worldwide leader in strategy consulting.
Monitor’s talent and assets will combine with
Deloitte’s consulting strategy service lines,
resulting in a new global presence that will
redefine consulting industry.
4. Mr. Gulzar Karim
Consultant at Deloitte Consulting LLP
15th January 2013
SIMCON (SIMSREE Consulting Club) blazed its trail by helping students
get a better perspective of consulting as a career options its opportunities and
expectations. Mr. Gulzar Karim, consultant at Deloitte Consulting LLP, USA also our
Alumni from the batch 2008 proved to be a great harbinger. He threw light on the
inclusion of consultancy as a career option. How the well known audit firms recognized the needs of companies requir-
ing consultancy mainly in the four main domains viz. Strategy, Operations, IT and HR & therefore leading firms to
develop individual knowledge centers. He also cited examples of top consulting firms such as McKinsey & Co, Bain &
co and Big Four namely Deloitte, Ernst & Young, KPMG, PwC.
Mr. Gulzar Karim showcased the perks and perils associated with working in a consulting firm. One im-
portant aspect that was discussed from the point of career option was “Consulting is not just limited to those pursuing
Marketing, but many fractions like Public Private Partnership which has gained impetus in recent times gives stu-
dents having Finance as Majors a new opportunity”.
A real touch was added by Mr Karim sharing his experience in this arena, leading to interesting concepts like
shadow costing, feasibility study and Competitor analysis. While we reflected upon the amount of study that goes
behind consulting, our discussion briefly touched upon the difference in working of Consulting firms because of differ-
ent economies, in USA and India. This is now what we call Out of Class learning without actually moving out!
Mr. Gulzar in his session was very apt in answering each & every questions by his personal experience
& knowledge in consulting field. It was indeed a great start by our SIMCON club and we Thank Mr. Gulzar Karim for
making it possible.
Guest Lecture
Page 4: BEACON
SIX SIGMA DRIVE: (from page 1)
Feedback from participants:
All of us enjoyed the workshop and students looking forward for more such workshops and learning opportunities such as
Black Belt Certification. Mr. Khatri is very nice in teaching style and like his teaching method with tablet PC and LCD projector, it
makes easy for teacher and students both. Sense of humour of Mr. Khatri was added advantage for us it made sure we won’t feel
monotonous study session, but rather it felt entertaining. Also liked Mr. Khatri's ability to keep students on the toes by allotting
points (500, 2000) for quiz competition questions in between.
Benchmark team was also pleased with the participants knowledge & eagerness to learn, team appreciated participants
on their forum & uploaded batch’s photo. Benchmark team also formed a BaseCamp group on their forum for our batch where pro-
jects & activities can be discussed and be provided with their guidance.
Batch Photo Links:
http://forum.benchmarksixsigma.com/gallery/image/602-mumbai-gb-jan-13/
5. 1. ZS Associates
2. William Welch Deloitte , Deloitte
3. BOOZ & Company
4. Indira Nooyi
5. W. Chan Kim and Renée Mauborgne
of The Blue Ocean Strategy
Mail Answers To:
simcon.simsree@gmail.com with
Subject= simcon_quiz_jan_2013
First Received All Correct Answers will
be published in next month’s Edition.
C O N G R A T S ! ! A N S W E R S T O V O L - 2 . D E C .
A. Whose products also have a range of brands that go by the names Chant, Bag of Rhythm and Get up Stand up?
B. Connect the Tata Nano, Maruti A-Star and the Honda CBR 250cc motorcycle and what to you arrive at?
C. What is common between the Hong Kong Bank, Standard Chartered Bank and Reserve Bank of India buildings in Mum-
bai and the richest man in Ireland of the year 2011?
D. In the London 2012 Olympics, no advertisements were allowed in the stadium and no logos may be emblazoned on the
athletes kits except for two brands. Name the brands and state the reason for this exception.
E. The trademark of this brand was painted by Sir Joshua Reynolds in 1876 and was called the Infant Hercules. This brand
is being manufactured and sold in India since the mid 50s. Name it.
QUIZZ TIME !!
Contributions invited: To make this feature a successful effort, we seek continued
involvement and contribution. From our readers, that is YOU. We invite articles and trivia
on themes related to consulting. Be it industry news, consulting trends, a joke, a cartoon or
feedback, we are eager to hear from you. So go ahead, do your research, pen down your
thoughts and mail your entries to simcon.simsree@gmail.com.
Best Regards,
SIMCON –SIMSREE CONSULTING CLUB
SIMSREE, B-ROAD CHURCHGATE 400 020, INDIA.
Mail To: simcon.simsree@gmail.com
QUIZZ FOR JANUARY 2013
Mr. Chetan Metkar
MMS 2012-14
SIMSREE