Team Prayatna

Team Prayatna || PRAYATNA || - "Bringing Life to Campus" And so, Team Prayatna was formed.
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Team Prayatna:
The mission of the team is “Bringing life to campus” and it was because of the same reason that Team Prayatna was formed. 35 kilometers away from the city, the students of IMT Nagpur needed something that not only cater to their day to day needs, but also gave them certain luxuries of city life. The Team brought to campus various necessities like the laundry service, cobbler and The

Cooperative Store, with a sole aim of “No Profit, Only Service”, thus, in short, it brings life to campus. Started by the thought process of the 2006-08 batch, The Cooperative store, which is the main function of Team Prayatna, has ventured into not only providing the basic things which a new student on campus needs, like Mattresses, but also sells bakery products, ice creams, wafers, chocolates, tea, coffee and a lot more on daily basis. The team runs its services like an organization, and follows the ownership model, where, every student of IMT-N is a stakeholder. The profits earned at the Cooperative store are returned to the Students as dividend at the end of their 18 months course. Even though the team has a pure service motive, it cannot run the functions (and specially the Co-Operative store) in losses due to the dividend which are not only to be maintained, but also increased if possible. And by the end, the members of the team have a hands on experience on how an organization is run – the finance, supply chain, marketing and HR – all areas are covered when it comes to the learning in Team Prayatna. It also teaches the members “time management” as working as a part of the team is a ground work, where not only should the students be present physically in the store, but they also have to think in what ways can things be improved on campus, find new dealers, work with the old ones and get the store running. This, along with numerous case studies and class work becomes a demanding job and requires high will power, thus enabling the students to get ready for the real work and time management required at the corporate level. The only thing that the students get from being a part of the Team Prayatna is the learning, which remains with them throughout their lives and makes their “MBA” experience a whole!

Address

IMT Nagpur
Nagpur
441502

Do we need to say? Just walk down

Opening Hours

Monday 7pm - 2am
Tuesday 7pm - 2am
Wednesday 7pm - 2am
Thursday 7pm - 2am
Friday 7pm - 2am
Saturday 7pm - 2am
Sunday 7pm - 2am

Telephone

+919649749770

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Our Story

Team Prayatna: As the mission states “Bringing Life to Campus” ,is the reason Team Prayatna was formed. 35 kilometers away from the city, the students of IMT Nagpur needed things that not only cater to their day to day needs, but also gave them certain luxuries of city life. And so, a team stood up and decided to play their role. The Team brought to campus various necessities like the laundry service, cobbler and The Cooperative Store, with the sole aim of “No Profit, Only Service”, thus, in short, it brought life to campus. Started by the student managers of 2006-08 batch, The Cooperative store, which is the main function of Team Prayatna, has ventured into not only providing the basic things which a new student on campus needs, like Mattress & Pillow, Bucket & Mug, Curtains etc, but also sells Bakery products, Ice Creams, Wafers, Chocolates, Tea, Coffee, Kitchen food, Stationery items, and Daily need products. The Team runs its service like an organization, and follows the ownership model, where, every student of IMT-N is a stakeholder. The profits earned at The Cooperative Store are distributed to Students as dividend at the end of their 18 months course. Even though the Team has a pure service motive, it cannot run the functions (and specially The CO-OPerative Store) in losses due to the dividend which has to be distributed which are not only to be maintained, but also increase if possible. And by the end, the members of the Team have a hands-on experience on how an organization run – finance, supply chain, marketing and HR – all areas are covered when it comes to the learning in Team Prayatna. From making of cost sheets to ordering of stock, merchandising of products to understanding of needs, along with hiring & handling of employees Team Prayatna forms a perfect business model to work with. It also teaches the member “time management” by working as a part of team which is the groundwork, where the student managers should not only be present physically in the store, but also have to work on thinking ways in which the things can be improved on campus, finding new dealers, working with existing suppliers and get the store running. This, along with numerous case studies and class work becomes a demanding job and requires high will power, thus enabling the students to get ready for the real work and time management required at the corporate level. The only thing that students will get being a part of the Team Prayatna is the learning, which remains with them throughout their lives and makes their “MBA” experience a whole!