Quarterly - NSBM - National School of Business Management
Transcription
Quarterly - NSBM - National School of Business Management
Vol. 1 ; No. 2 ; 15th June, 2015 309, High Level Road, Colombo 05, Sri Lanka Tel: +94-11-544-5000 www.nsbm.lk NSBM Quarterly News Inside.... • • • • • • • • A NEW EXPERIENCE IN UNIVERSITY EDUCATION, page 1 LEAN : A PHILOSOPHY AND A WAY OF LIFE, page 2 NSBM GRADUATES: ENHANCING EMPLOYABILITY, page 3 CONVOCATION - FEBRUARY, 2015, page 4 STUDENT NEWS, page 5 NSBM NEW Student INTAKE, page 6 STAFF NEWS, page 7 LIBRARY UPDATE, page 8 Quarterly Newsletter of National School of Business Management NSBM Quarterly News NSBM Green University Town The objective of the newsletter of the National School of Business Management, NSBM Quarterly News, is to provide a medium for disseminating current news, information and notices about NSBM among students, parents, the industry and other interest groups. It provides a snapshot of NSBM on a quarterly basis. It is envisaged that NSBM Quarterly News will enable NSBM to interact closely with the different stakeholder groups for better mutual understanding, which, in turn, will improve the services that it offers to society. NSBM Quarterly News will be issued in the months of March, June, September and December. This issue, which is the second in the series, is released to coincide with the NSBM Convocation, 2015 (Graduation of students who followed the Limkokwing Univesrsity, Malaysia, Degree Programmes) which falls on June 15, 2015. Each issue will cover news and information related to the preceding quarter and notices relevant to the next quarter. Readers are cordially invited to send their comments and suggestions to the compilers. A New Experience in University Education A new experience in higher education in Sri Lanka will dawn shortly with the setting up of the NSBM Green University Town. NSBM will move to an ultra-modern state-of-the-art campus, the NSBM Green University Town, in Pitipana, Homagama, about 35 km away from Colombo, in early 2016. Away from the hustle and bustle of the city and nestling in the greenery and quiet of a rural setting, it offers an idyllic environment for those who wish to engage in higher studies and research. The Green University Town seeks not only to provide a novel and unmatched academic experience but also to set the backdrop for an authentic university life. A few features, novel and unique to Sri Lanka, that NSBM Green University Town will offer to its students thus bringing in a true international flavor are outlined below: Industry exposure within the campus Industry exposure forms an integral part of the study programmes conducted by NSBM. This is accomplished through a variety of strategies at present. However, a few new initiatives will be added to give a new dimension to industry exposure to students at the Green University Town. The Day Operations Room: Simulation of a business enterprise The operations room concept simulates a real life business enterprise manifested in a number of ways. The operations room, a business unit comprising a small manufacturing and distribution facility set up within the university will provide students with an opportunity to obtain real life experience in running a business. They, under the guidance of a few specialists in procurement, operations marketing etc. will run a business on a commercial scale. After serving as employees in the business unit during the day they will attend study sessions in the evenings. This in-depth hands-on experience earned across different functions and positions of a business will be superior to the industry-internship training that students undergo currently. i s Not Fa r This operations room concept will be extended to the services sector as well. A small restaurant complete with a state-of-the art kitchen is envisaged to be set up to familiarize students with managing a business in the hospitality industry. Also, a unit of the share market will be set up where students will gather hands-on experience in investing in shares and other securities. In addition to making investments they will receive wide exposure to the dynamics of the share market and the economy. While certain operations rooms will be of greater relevance to students of specific study programmes (e.g. the restaurant for those who study hospitality and tourism management), a general understanding of the operations of different facility centres will be of value to students in all study Off . . . To W i t n e s s F i r s t E v e r G r e e n U n i v e r s i t y To w n Contd. page 8 Page 2 Quarterly Newsletter of National School of Business Management MESSAGE FROM THE CHAIRMAN, NIBM AND NSBM Dr. Karunasena Kodituwakku Chairman, NIBM and NSBM It gives me much pleasure to send this message to the second issue of NSBM QUARTERLY NEWS, the newsletter of the National School of Business Management. A newsletter of an institute of higher education should be a rich source of information covering the events associated with the immediate past, present and the future of the organization. The aim of the newsletter should be to keep the busy reader informed about current affairs of the institute. Thus, it should adopt an easy to read style of writing supplemented with relevant pictures. In addition, an effective newsletter will feature a short article or two which address readers and leave them with a few thoughts to ponder about. In essence, the newsletter should provide readers with both news and knowledge. Based on our experience of the first issue of the newsletter, it is heartening to note that the NSBM QUARTERLY NEWS has largely adhered to the above requirements. While complimenting the NSBM team for their effort in putting out a document of this nature I would also caution them about the challenges ahead. Among them, continuity without compromising quality and timely release loom large. I am confident that the NSBM team will surmount these with fortitude. I wish NSBM QUARTERLY NEWS the success that it so richly deserves. Comment from the CEO, NSBM Dr. E A Weerasinghe Chief Executive Officer, NSBM It is most encouraging that the NSBM Quarterly News was received with much enthusiasm by its wide ranging readership. There have also been suggestions and requests for improvement from them which is indicative that the NSBM newsletter addresses a long-felt need with a specific role to play in the progress of the Institute. This issue of the NSBM Quarterly News is woven around the theme: NSBM focuses its energies to develop holistic graduates for gainful employment here and overseas. The lead story exemplifies the special features that are offered to students to make them selfdependent and strong. This issue’s point of view presents lean management as a philosophy and a set of practices to be utilized in their personal and work life. Further, the special article in the inner pages provides a panoramic view of the strategies adopted by NSBM to provide industrial exposure with a view to making them employable. In addition, other news items featuring students, staff and events make it excellent reading material for everyone. I take this opportunity to thank the NSBM team for taking the necessary steps to release the second issue of NSBM Quarterly News released on schedule. It is furthermore important to note that the launch coincides with the Convocation, 2015, of the Limkokwing University. I hope and wish that the NSBM newsletter will go from strength to strength in the period ahead. Vol. 1 ; No. 2 ; 15th June, 2015 Point of View Lean : A Philosophy and a Way of Life Lean is becoming increasingly popular in Sri Lanka as a technique of value creation through cost reduction via eliminating waste. It’s being promoted in numerous workshops and seminars as well as study programmes in universities and higher educational institutes. NSBM is no exception as course units covering operations management carry a fair dose of lean. Lean involves a philosophy, a way of thought as well as a path to tread. The purpose of this article is to introduce the concept and the practice of lean to the general reader. Lean is a buzz word in the world of business today. In forming a clear definition of lean and developing associated guiding principles one has to delve into early studies of scholars in automobile companies in Japan and Western Europe. Lean essentially means eliminating everything that does not add value, i.e. waste, from processes. Understandably, it translates itself into doing more with less. An operational definition would be: A dynamic process of change driven by a systematic set of principles and best practices aimed at continual improvement through breakthroughs by eliminating waste in business process. Herein, as stated previously, waste is viewed as actions that do not add value to products and services and thus can be eliminated. Scholars as well as practitioners with deep insights into processes consider waste as the single-most enemy that limits business performance (profits) and threatens prosperity (growth) unless it is relentlessly and systematically eliminated over time. The core of lean thinking is focused on value where value creation is seen to occur through cost reduction. All activities, both value adding and non-value adding, involve costs. If the non-value adding activities can be identified and eliminated (in common parlance amounts to eliminating waste) the associated costs will disappear. This will result in an increase in the value proposition for the customer. Taking a different stance, one could argue that adding new features desired by customers will increase the value accrued to them. However, one should bear in mind that adding new features involve additional expenditure, which to make matters worse, will be imitated by inquisitive competitors in no time. Thus, prior to venturing into this option one should pay attention to cost reduction through elimination of waste which is very much within one’s grasp irrespective of the moves of competitors. Going lean will, therefore, provide one with a real cutting edge to beat the competition. The lean philosophy has evolved over the last two decades owing mainly to extensive research and practices carried out at Toyota Company in Japan. These efforts have resulted in a set of lean principles commonly known as Toyota Production System (TPS). However, TPS became extremely popular among industrialists after publishing of The machine that changes the world by Womack and Jones (1996) who introduced five principles of lean thinking, depicted in Figure 1. Figure 1: The Five Lean Principles Quarterly Newsletter of National School of Business Management In applying the lean principles, it is essential that one follows the five steps faithfully and in succession which will enable elimination of waste so that most of the non-value–added activities in major business processes will also be eliminated. The lean process should commence with value analysis followed by value stream mapping, line balancing and establishing a pace maker process by way of pull. Going a layer deeper, successful application of lean principles depends on the behavior of owners of business processes where creation of value is taking place. Herein, it is important to understand two different behaviors of people, namely lean and fat. Lean behavior adds or creates value to businesses while fat behavior does not add value to businesses. Elaborating further, according to Emiliani (1998), lean behavior focuses on minimization of waste associated with arbitrary or contradictory thoughts and action that leads to defensive behavior, ineffective relationships, poor co-operation and negative attitudes. In contrast, fat behavior inhibits workflow and is akin to wasteful batch and queue production and service delivery methods. Fat behavior is analogous to much talk while nothing has actually been said and done. Thus, lean is both a philosophy and a way of life. It is imperative that the concept of lean thinking and its principles are inculcated in the minds of employees and business leaders of the country. It is evident that lean can also be adopted in one’s personal life. Sri Lanka needs lean thinkers and lean doers who take the real challenge of the business to prosper our nation. This should not be difficult as the concept of lean is very much in alignment with the socio-cultural fabric of Sri Lanka which advocates focus on the essentials, simplicity, flexibility and getting rid of frills. Dr. D. M. A. Kulasooriya Director – Academic Affairs (Acting), NSBM NSBM Graduates Enhancing Employability through Industry Exposure The change of paradigms Vol. 1 ; No. 2 ; 15th June, 2015 Page 3 Personality development sessions NSBM conducts personality development sessions during the first year of the study programmes. Their impact is two-fold. While enabling them to engage in their studies more effectively they inculcate an attribute desired by the industry from its new recruits. The sessions adopt an interactive approach, which students immensely enjoy. Resource persons from industry In addition to the members of the internal staff, resource persons are drawn from industry to ensure healthy blend of theory and practice in teaching and learning. With their extensive experience in industry they bring a wealth of knowledge to the class room sessions which also deal with theoretical concepts. Their involvement also enables students to analyze case studies more effectively and thereby understand organizations and industries. Public lectures, seminars and field visits Public lectures and seminars are conducted by industry experts on topical themes of relevance for the benefit of students. They provide students with useful insights into the realities of the corporate world. Further, field visits form part of the curriculum of certain course units where students are exposed to how manufacturing and service facilities are operated and managed. Organizational/ industry studies Individual/ group assignments involving the study of a facet of organizational life or function/ characteristic of a given industry are a common feature of all study programmes. They are built into the different course units and form part of the evaluation criteria through the reports prepared and presentations made by students. In this regard, students are required to visit the relevant organization several times and collect the required data through observation and interviews which they analyze and present together with conclusions and recommendations. Some of these studies are akin to mini-research as they involve an extensive survey of literature, conceptualization and synthesis of data. These exercises enablestudents to have a glimpse of organizations and industries and the dynamics within them. The old paradigm pertaining to universities as centres for creating and disseminating knowledge has changed over time. From a position of producing academics, i.e., scholarly men and women, universities now take upon themselves the additional task of developing employable graduates for the job market. It is expected that they will contribute to society in the various positions they hold in organizations. It is evident that in order to be productive in the world of work one should possess many attributes. Thus, in today’s context a graduate passing out from a university is expected to be endowed with competencies such as skills, attitudes, values and ethics, in addition to possessing subject-related knowledge. A useful method of inculcating these attributes in undergraduates will be through exposure to industry. There is overwhelming evidence that industry exposure forms an important constituent of the study programmes of excellent universities the world over. NSBM is no exception in this regard as explained in the following paragraphs. Industry supportive/ based study programmes The study programmes conducted by NSBM are largely either industry-supportive (e.g.,Human Resource Management, Operations and Logistics Management) or industry-based (e.g., Hospitality and Tourism, and Interior Design). Owing to the intrinsic nature of these study programmes the course contents comprise concepts and practices related to industry. In addition, the commonly used delivery methods such as case studies and video-presentations introduce students to real life events within organizations. Industrial training This is the most advanced type of industry exposure available to students in the study programmes. Industry training in a relevant organization in keeping with one’s area of study is encouraged in certain programmes while it is mandatory in others. Those who follow a three-year degree programme are released to acquire their industrial training from the second year onwards while those who have registered for a four-year degree programme are released for this purpose during the third and fourth years of their study programme. Page 4 Quarterly Newsletter of National School of Business Management Vol. 1 ; No. 2 ; 15th June, 2015 Convocation - February, 2015 UGC Approved Degree Programmes In certain study programmes it is mandatory that students complete a specific number of industrial training hours. The training is followed by an evaluation by the employer organization as well as by a panel of resource persons of NSBM. In order to facilitate industrial training, study sessions are conducted during weekday evenings (5.30 – 8.30 pm) and at weekends. Thus, by the time a student has acquired his academic qualification, he/ she may have been exposed to industrial training for a period as long as two years. This undoubtedly enhances their employability in their chosen area of study. Though students are given the option of choosing their places of training they can always turn to the Career Guidance Unit (CGU) of NSBM for assistance. The wide network of relations that CGU maintains with well-known corporates of Sri Lanka enables them to find placements for students. In addition, it also maintains a counseling service for the benefit of students on matters of concern to them. The overall status and the future Industry exposure is an integral part of the study programmes at NSBM; it provides them with necessary competencies comprising skills, attitudes, values and ethics. This is accomplished through a multi-prong approach resulting in enhancing the employability of graduates. The intensity of industrial training in terms of coverage and duration varies across different study programmes. However, irrespective of the study programme, there is a threshold level of competencies that every student is required to attain. Further, the curricula related to industrial training are reviewed by the academic boards of study at NSBM on a continuous basis with a view to making them increasingly relevant and beneficial to students. Thus, NSBM is well on its way to being on par with best practices of universities the world over. NSBM Diary Important dates for the next two quarters : August 29 and 30, 2015 EDEX Exhibition – NSBM Stall as the Platinum Sponsor September 26, 2015 Flair ’15 Acoustic Night September 29, 2015 Convocation - University Collage of Dublin, Ireland November 27, 2015 Convocation - University of Plymouth, UK (First Convocation) The second convocation of the UGC approved degree programmes awarded by NSBM was held on 25 February, 2015 on a grand scale in the Main Hall at the BMICH. NSBM, as the nation’s premier degree school, took pride in conferring degrees on 495 students who completed the Bachelor’s Degree and Postgraduate Diploma Programmes. Since its inception in 2012, the campus has grown tremendously by enrolling increasingly larger batches of students. This convocation was a milestone in NSBM’s progress as it marked the graduation of its first batch of Postgraduate Diploma holders. Students who successfully completed their Bachelor’s Degrees in Business Management specializing in Human Resource Management, Industrial Management, Project Management and Logistics Management were awarded their certificates on this occasion while 109 students who completed their Postgraduate Diplomas in Business Management, Human Resource Management (Sinhala / English), Industrial Management, Project Management, Computer Networks and Software Engineering also graduated at the event. Honorable Eran Wickramaratne, Deputy Minister of Highways, Higher Education and Investment Promotion, participated in the event as the Chief Guest. He congratulated NSBM on the very impressive fast-paced progress it has made in a very short period of time. He emphasized that NSBM was a good example of a Business School putting the principles of Management into very effective practice while also grooming young minds on the principles and practices of Management. A renowned entrepreneur and economist, Mr. Wickramaratne specifically congratulated NSBM on its futuristic and visionary project, the Green University Town, and appreciated the fact that NSBM immensely contributed to the development of the country by not being a burden on the tax payer as its a self-financed investment adding to the socio-economic development of the country. Among the graduands who had excelled in their respective fields, M. Dananjani Jayawickrama took the prize for the best performance in the School of Business while D. G. Hasara Kalpani won the overall best performance award in the School of Computing. The best performance awards in each degree specialization, namely, Industrial Management, Project Management, Human Resource Management and Logistics Management were won by Nayana Prabodha Ranasinghe, W. M Nataliya Shenara de Silva, M. Dananjani Jayawickrama, and P. A. Shashini Prabodha Pananwala. Quarterly Newsletter of National School of Business Management Student news Vol. 1 ; No. 2 ; 15th June, 2015 Page 5 Industry Visit Student Activities FLIP IT Organized by SPARKS Unilever student ambassador of NSBM in collaboration with the student activity centre of NSBM, a skills building workshop supported by a panel discussion was held on March 30, 2015 at the NSBM Auditorium. It was a valuable opportunity for students to identify their strengths and limitations and to assess all the outcomes of a situation, akin to flipping a coin, and transforming problems into solutions. The UGC Management Information Systems (MIS) undergraduates visited 99X Technology on an Industry Visit on 28th May, where they were exposed to several technical sessions delivered by the company, as well as some more practical soft skills workshops. A great time was had by all, getting to know each other and sharing knowledge during the visit. POSON Celebrations SIYAPATH SIYA UDANAYA, 2015 The annual Sinhala and Hindu New Year celebrations organized by the students of NSBM were held on April 29, 2015 at the CH & FC Grounds, Colombo. The event, conducted in true traditional spirit with the active participation of students belonging to different religious and ethnic communities, was a resounding success. Poson was celebrated on a grand scale at the NSBM. A recital of Poson Bhakti Gee was held on June 3, 2015 (day after Poson) at the NSBM premises. Students and staff of NSBM sang songs of devotion in praise of Arahat Mahinda who brought the message of the Lord Buddha to the nation during the reign of King Devanampiyatissa. Visharada Somasiri Madagedara, the renowned musician, graced the occasion as the Chief Guest. The Mihintale rock and its environs, a creation of students, added a fitting backdrop to the serenity of the occasion. Alongside, students offered manioc and ice-cream to wayfarers which went into the late evening. The spirit of Poson was in all its glory. CSR Activities NSBM SPORTS FIESTA, 2015 LET’S BE THEIR VALENTINE The much anticipated inaugural NSBM Sports Fiesta took place on March 15, 2015 at the Royal College Sports Complex, Colombo. An exhilarating event of sporting grit and competition, it comprised a wide range of events including cricket, rugby, basketball, badminton, swimming, football and athletics. Another worthy Rotaract effort, this community service project was organized on Valentine’s Day 2015 to donate rations and school supplies to children of a deserving orphanage in Maharagama. The organizers and Rotaract members visited the orphanage to make the presentation. Thereafter, they took part in several friendly games with the kids. Donations were quick to come in response to their request via social media and class room announcements. Page 6 Quarterly Newsletter of National School of Business Management Vol. 1 ; No. 2 ; 15th June, 2015 that keeps abreast of global trends and demands. The rich portfolio of undergraduate Degree programmes in Business Management, Information Technology and Creative Studies offers the best choices for higher education for school leavers as well as other professionals. BE STRONG, NEPAL In the wake of the horrendous earthquake which shook Nepal of late, the Rotaract Club of NSBM initiated the Be Strong, Nepal community service project to help the affected. In response to appeals made through the media for aid the Rotaract Club, NSBM, in partnership with the Ministry of Disaster Management, communicated with Rotaract Clubs in the Colombo District. Five collection centres were set up and aid was collected at lightning speed. WORSHOP SERIES FOR UCD STUDENTS A five-day workshop series of three hours’ duration each is being conducted for the benefit of University College of Dublin (UCD) students by Prof. K B M Fonseka and Dr. A R Ajward. The goal of the workshop series is to enhance the academic writing skills of students and also to introduce them to the use of SPSS software in research. It is expected that the workshop series will be of immense use to UCD students in their research endeavours which are scheduled to commence shortly. Inauguration Ceremony: NSBM New Student Intake -March, 2015 The National School of Business Management (NSBM) inaugurated its degree programmes for the first batch of students of the year 2015 at the Main Hall of BMICH on 17th March 2015. Over 1,000 participants including both students and their parents attended this inaugural event for the new students who embarked on their journey towards personal achievement and professional success. Hon. Dr. Harsha de Silva, Deputy Minister of Policy Planning and Economic Development, participated as the Chief Guest. Mr. U R Seneviratne, Secretary and Mr. Ranjith Asoka, Additional Secretary represented Hon. Kabir Hashim, Minister of Highways, Higher Education and Investment Promotion. Dr. Karunasena Kodituwakku, Chairman, NIBM/NSBM, Dr. E A Weerasinghe, DG, NIBM & CEO, NSBM and Dr. D M A Kulasooriya, Director, NIBM & Director-Academic Affairs (Acting), NSBM, Senior Lecturers and Consultants of NSBM & NIBM were among those present. The March 2015 intake included students who joined the degree programmes offered in collaboration with NSBM’s internationally ranked partner, Plymouth University, UK, and those approved by the University Grants Commission, Sri Lanka. These degree programmes are conducted at NSBM by the Schools of Computing and School of Business. The first student intake of the year 2015 of NSBM recorded 568 registrations, far exceeding the targeted number of enrolments for the intake. This is clear evidence of the recognition that NSBM has earned since its inception with its commitment to higher education In his key note address, Dr. Harsha de Silva congratulated everyone who had contributed to the success of NSBM, which he admitted was one of the finest Institutes of the country among local higher education providers. He applauded the heights that NSBM has reached not only as a self-sustaining enterprise but also as a profitable venture. In his address on profits, competition and justice in liberalizing education, Dr. De Silva explained how generating profits by higher education institutes is justifiable as the ultimate beneficiaries of the revenue are actually the citizens of the country, i.e., the students themselves as well as their parents. The profits a university like NSBM would make will in return yield better quality services and amenities to its shareholders, introduce a wider choice of fields of learning and incorporate modern technology to enhance the teaching and learning experience. He further elaborated on the importance of social justice in higher education for the benefit of those students who deserve placement in universities. Dr. de Silva emphasized that competition in higher education, as in any other field, has led to better quality of service for students in relation to the education and facilities the institutes offer them. NSBM, as the market leader in undergraduate education, prides itself on an unparalleled learning environment and excellent instructional methods in the delivery of lectures for those who enroll in its degree programmes. University education should incorporate personality development and skills development so as to prepare them for future leadership roles. University learning should not be rote learning but be based on critical and creative thinking, Dr. de Silva concluded. Quarterly Newsletter of National School of Business Management NSBM GETS NEW DEAN, SCHOOL OF COMPUTING Vol. 1 ; No. 2 ; 15th June, 2015 Page 7 Staff news The day our NEW CHAIRMAN ASSUMED DUTIES Dr. Damith Mudugamuwa joined the NSBM as Dean, School of Computing with effect from March 16, 2015. A First Class Honours Graduate in Electronic and Telecommunication Engineering from the University of Moratuwa (1991) he obtained his doctorate from the Royal Melbourne Institute of Technology, Melbourne (2000) for his work in Digital Signal Processing. Dr. Mudugamuwa counts over 23 years’ experience in teaching, research, consulting and academic administration. During his illustrious career he served as Director, Management Information Systems at NIBM (1998-2001). We welcome Dr. Mudugamawa to NSBM and wish him a long and fruitful tenure. STAFF PRESENTATION Mr. D R Jayamanne of the NSBM academic staff presented a paper, ‘Establishing Object Correspondence Across Non-Overlapping Calibrated Cameras,’ at the Moratuwa Engineering Research Conference (MERCon 2015) held on April 8, 2015. STUDENT-STAFF PUBLICATION The full paper ‘Influence of Social Media Marketing on the Brand Image of Organizations in the Hospitality Industry of Sri Lanka’ by Graham Romello Perera and Irosha Perera (NSBM academic staff) has been accepted for publication in the prestigious International Journal of Asian Business and Information Management (IJABIM). Dr. Karunasena Kodituwakku, the well-known scholar, administrator and diplomat assuming duties as Chairman, NIBM and NSBM on15th February in the presence of the Director and General and the Management Convocation 2015 Limkokwing University The Convocation to award Degrees to students who followed the Degree Programmes of the Limkokwing University will take place at 3.30 p.m. on June 15, 2015 at the Bandaranaike Memorial International Conference Hall (BMICH). Over fifty students will receive their degrees at the Convocation. The gold medal presented to the best student will be awarded to Ms.Tharini Kumarihamy Kotagama. Hon. Piyasena Gamage, Minister of Skills Development and Vocational Training will grace the occasion as the Chief Guest. It is a much sought after event in the NSBM academic calendar. Linkages The paper was previously presented in abstract form and was well received at the 2nd International Conference on Hospitality and Tourism Management on October 8, 2014. Thereafter, they were invited to present the full paper. FORTHCOMING PUBLICATION A Simplified Guide to Management Research authored by Prof. K B M Fonseka and Dr. A R Ajward will be released shortly. This publication is based on the authors’ first-hand experience in teaching research methodology to final year students at NSBM. Through twelve wellappointed chapters ranging from approaches to research, developing questionnaires, aspects of validity and reliability, writing a literature review, referencing, use of SPSS in research and writing a research proposal and the research report, the authors attempt to impart the essentials of research with illustrative examples. A Simplified Guide to Management Research will serve as a useful handbook for NSBM students. NSBM has been negotiating with Slippery Rock University(SRU), USA to establish a Faculty of Science to award modern full-time degrees in natural and applied sciences at NSBM. Dr. Karunasena Kodituwakku, Chairman, NSBM; Dr. E A Weerasinghe, Chief Executive Officer, NSBM; Dr. D M A Kulasooriya, Director - Academic Affairs(Acting), NSBM visited SRU in May on an invitation to observe the facilities and explore the possibilities of partnering. The two parties also signed a Letter of Understanding to promote further discussions on an academic partnership. In addition, the NSBM delegation visited University of St. Thomas in Minnesota, USA from 5th to 7th June 2015 to have preliminary discussions on further opportunities for affiliations. Page 8 Quarterly Newsletter of National School of Business Management Library Update Vol. 1 ; No. 2 ; 15th June, 2015 Events for sharing of knowledge The NSBM Green University Town will be the host to many a conference, summit, etc. where researchers, academics and business leaders will come together to deliberate on themes of local, regional and global relevance. Large companies and higher educational institutions that NSBM is affiliated with will play an important role in organizing these events which will be a source of inspiration to students. Going green A number of progressive steps have been taken with respect to the NSBM Library to enhance its stature as a centre of learning. The Emerald database is now fully functional with the facility for students to access 215 widely acclaimed academic journals at the push of a button. They can download either the abstract or the full papers of important pieces of research and make use of them in their work. A demonstration on the use of the database was conducted for the benefit of students of the UGC-approved degree programmes. It is heartening to note that large numbers of students as well as staff make use of this facility in their research endeavours. The annual cost of providing this facility is Rs. 1.6 mn. at present NSBM Green University Town offers an eco-friendly environment to its inhabitants. In an already green natural external environment the university premises will abound with a canopy of trees, groves, plants and creepers which in turn will be in perfect harmony with the buildings that will have its own share of greenery. It will also boast of a large vegetable garden and an orchard whose harvest will be made use of in the restaurant. Further, eco-friendly energy and water saving measures and garbage disposal systems such as solar panels, use of bio-gas and recycling of water will be introduced. It is expected that in addition to developing a healthy environment it will drive home the message of going green to students which will make a lasting impression on how they treat mother earth and everything in it. The NSBM library will also be equipped with a comprehensive library management system shortly. It will consist of an on-line public access cataloguing system (OPAC) as well as an automated operating system for searching, circulating, reserving, and retrieving books. These measures will make the library more efficient and user-friendly. A Library Handbook is also being prepared for use by students which spell out the regulations and guidelines for the use of the library. The last quarter also saw the introduction of a large number of books on a wide range of topics at the request of students and staff. These include text books required for the Plymouth University study programme. Thus, it has been a busy but fruitful period for the library. Contd. page 1... programmes. The operations room concept will be extended to more sectors in time to come. The Arts Circle and enhancing aesthetic skills NSBM is fully aware of the important role that fine arts play in developing sensitive, caring and well-balanced men and women. The Arts Circle at the Green University will be given pride of place and will encourage students to take up music, theatre and art. The activities will enhance their aesthetic skills and pave to conducting public performances and exhibitions which will also be managed by students. Centre for Research for developing new knowledge The Centre for Research will give students and staff access to large data bases encompassing journal articles, e-books and business, finance and economic data, among others. Further, they will have the facility to get their research data analyzed using up-to-date software. Other support facilities such as obtaining guidance in writing, formatting and printing will also be available. Manned by a small but dedicated staff, the centre will facilitate the research endeavours of both students and staff. Publication of the NSBM Journal of Management, the refereed academic journal of NSBM, will also fall within the purview of the centre. Developing competencies of young men and women : Reaching to the skies School of Business and Administration Block, NSBM. The NSBM Quarterly News was compiled by a team comprising Prof. K B M Fonseka, Mr. Chaminda Rathnayake, Ms. Nayomi Abayasekera and Mr. Lahiyru R A Gunasekera. The team extends its gratitude to all those who contributed to the newsletter in numerous ways. Please direct your enquiries, comments and suggestions to: Ms. Nayomi Abayasekera ([email protected]) National School of Business Management 309, High Level Road, Colombo 05, Sri Lanka Tel: +94-11-544-5000 | www.nsbm.lk