IIM Bangalore, German B-schools Tie Up To Launch International Management Programme For Technologists 09-22

The Indian Institute of Management Bangalore (IIM Bangalore) has announced a partnership with two premier German B-schools - the Friedrich Alexander University of Erlangen-Nuremberg (FAU) and the Fraunhofer Institute for Integrated Circuits IIS, Germany for an International Management Programme for Technologists (IMPT), an innovative Executive Education Programme. The IMPT is designed by the three management schools to enable technology leaders respond effectively to challenges and complexities that they face, said a statement from IIM Bangalore. 

Offered to engineering and technology managers, R&D leaders, product designers and architects, and managers in charge of large and complex projects in India and Europe, the unique two-week programme will be offered at both locations, with participants traveling to Nuremberg and Bangalore for one week each. 

The focus of the programme is on innovation, technology-driven business models, intrapreneurship and platform business models.

"The IMPT distils the key elements of Indian and German technology ecosystems to deliver the competencies required for global business. The Erlangen Nuremberg area in Germany is the origin of Industry 4.0, and is known for its manufacturing excellence. Bangalore is home to a vibrant technology start-up ecosystem and is widely considered to be the Silicon Valley of India," Prof. R. Srinivasan, Chairperson, Executive Education Programmes at IIM Bangalore said while highlighting the key takeaways of the new programme.

The partnership, according to IIM Bangalore, brings together best-in-class academicians and leading researchers on strategic innovation, cooperation and management, and the digital transformation of organizations. 

"The IMPT helps participants understand how to compete using technology and leverage the benefits of open innovation in a sharing economy, and promote intrapreneurship," Prof. Dr. Kathrin M Moslein, Chairperson, Information Systems, Innovation and Value Creation at Friedrich-Alexander University of Erlangen-Nuremberg said.

"It will equip managers to work in cross-functional, cross-cultural and geographically distributed teams," he added.

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How to start a startup at IIM Ahmedabad 07-31

How to start a startup. Talk by successful entrepreneurs at IIM Ahmedabad  

Video Embeds from IIM Ahmedabad YouTube  channel.

How To Start A Startup (HTSAS) | Season 1 - A Look Back

1. How to Start a Startup | Session 1- Sanjeev Bikhchandani

2. How to Start a Startup | Session 2 - Raghunandan G Founder Taxi for sure

3. How to Start a Startup | Session 3 - Girish Mathrubootham  Founder Freshdesk

4. How to Start a Startup | Session 4 - Sahil Barua Founder Delivery

5. How to Start a Startup | Session 5 - Ritesh Agarwal Founder OYO Rooms 

Please also view my article

"How to Formulate Strategy for a Startup"

IIMB’s doctoral programme research initiatives get a fillip from Wipro 01-18

Shyam's views on this project

We often ask as to why Indian Universities do not rank high in global rankings while China has some. Even a small country like Singapore has world class Universities.

This was explained by the former HRD minister and a scholar Dr. Shashi Tharoor. He says the main criteria for ranking of Universities are the amount of Research they do and citations they receive in International Papers. These two factors carry 60 weightage in the rankings.

Our Universities and the Educational... Institutions lack the funds to spend for research. They also seem to be very lethargic in approaching the corporates and multinationals for funding or collaborations in their research programmes.

in this background, it is really heartening to know the fact that Wipro has come forward to fund the research programme in sustainability at IIM Bengaluru.

IIM Bengaluru's Fellow Programme in Management (FPM) will now be funded by Wipro for research into Sustainability.

IIMB’s doctoral programme research initiatives get a fillip from Wipro

Sustainability Fellowship and Sustainability Grant from the IT major to boost FPM students’ research on sustainability.

BENGALURU, JANUARY 19, 2016: The Indian Institute of Management Bangalore (IIMB), in its efforts to reach greater heights in the domain of education and research, has entered into a partnership with Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, headquartered in Bangalore.

Wipro will partner and support the Wipro Sustainability Fellowship and the Wipro Sustainability Grant, for doctoral students of IIM Bangalore. This is as part of their overarching charter on sustainability in education – the Wipro-earthian program. The Fellowship and Grant will commence during the academic year 2015-16.

Mr. P.S. Narayan, Vice President and Head-Sustainability, Wipro Limited, said: “We are delighted to partner with IIMB in a joint effort to foster doctoral research on areas that lie at the intersection of business and sustainability. The business sector has a critical role to play in facing the manifold challenges of sustainability. Therefore, embedding sustainability in management education has become a critical imperative.”

The Fellow Programme in Management (FPM) is the globally ranked doctoral programme of IIMB, which is committed to training individuals who will excel in their area of research and publish high quality work. Professor Shashidhar Murthy, IIMB’s FPM Chairperson, said: “We at IIMB are glad that Wipro values our students and the nurturing provided by our faculty. We thank Wipro for their generosity. This will provide an impetus to students’ research in the area of Sustainability.”

The FPM at IIMB is a premier source of rigorous and inter-disciplinary research in all areas of business management and public policy, including Corporate Strategy & Policy, Economics & Social Sciences, Finance & Control, Marketing, Organisational Behaviour & Human Resource Management, Production & Operations Management, Quantitative Methods & Information Systems, and Public Policy.

The Wipro Sustainability Fellowship & the Wipro Sustainability Grant each allows up to two FPM students to be funded, to support research interests that fall in the broad area of sustainability.

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MBA From IIMA Offers More Value Than Harvard, Wharton: Report 11-10

MBA From IIMA Offers More Value Than Harvard, Wharton: Report

View the complete rankings

The Indian Institute of Management Ahmedabad (IIMA) has been ranked the best business school (B-school) in the country year after year for many years. It has been one of the few Indian educational institutions to have found a mention in the global pecking order as well.

Now, a new ranking published by the Economist magazine has placed IIMA much ahead of its Ivy League competitors such as Harvard, Stanford, Kellogg and Wharton. In fact, IIMA is the world's fourth best B-school, when it comes to "Good value MBAs," the Economist says.

The Economist's ranking is based on the return on investment on MBA courses. In simpler terms, it means an MBA course from IIMA offers more bang for your buck.

According to the Economist, the return on investment on an MBA course from IIMA (a year after the course) is 44 per cent as compared to 15 per cent for Harvard, 14 per cent for Stanford and 10 per cent for Kellogg. The immediate return on investment on an MBA course from Wharton is just 6 per cent, the magazine says.

So, the investment on an MBA course from IIMA can be recouped in just over two years, while investments on MBA courses done from Harvard or Stanford will take much longer to recoup.

Only three other B-schools, HEC Paris (67 per cent), Aston (64 per cent) and University of Hong Kong (60 per cent) offer better value MBA courses to students, the Economist has found.

American B-schools are the most expensive and they enroll well-paid executives, who land jobs just a few notches above the ones they left, the magazine says. As a result, the immediate return on such MBA courses is small.

On the other hand, IIMA admits even graduates and charges comparatively less fees, boosting the return on investment post the course.

In the long run, however, a Wharton alumnus is more likely to top the greasy pole, the magazine says.

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"INDCOSERVE" A prize winning case study from IIM Bangalore India

Case study on INDCOSERVE by Professor Seema Gupta and Professor B Mahadevan ranked #1 in ISB-IVEY Case Competition, 2011

The case study "INDCOSERVE: Stirring Up" by Professor Seema 

Gupta and Professor B Mahadevan was ranked #1 in the ISB-IVEY Case Competition, 2011.

The competition witnessed overwhelming response with over 220 faculty members representing more than 75 business schools registering for the competition.  Submissions came in from top Indian B Schools including  IIM-A, IIM-B, XLRI, S.P. Jain, MDI, IIT-B, NMIMS, Welingkars as well as many upcoming B-schools. Cases covered topics like Social entrepreneurship Microfinance, Leadership, Change Management, Governance etc., in addition to regular management topics of strategy, marketing, and organizational behavior etc. Competition was intense.

The case was judged by Ariff Kachra - Strategy Professor & Director of India Development, Richard Ivey School of Business and Sharon Armstrong, VP Business Development CMA, Ontario.

ABSTRACT

INDCOSERVE: Stirring Up

Seema Gupta and B Mahadevan

Indian Institute of Management Bangalore

In January 2011 A.S. Jafry, Special Officer and Managing Director, INDCOSERVE, a tea producing and marketing cooperative, was reflecting on the marketing strategy of the company. Jafry's main concern pertained to putting more money in the hands of the small growers. He can do this only by increasing the profitability. The moot question is do we increase profitability by improving the quality of tea or by strengthening existing marketing channel or by exploring new channels?  

Agricultural commodities often are characterized by seasonality and shelf-life of the produce. Further, in countries such as India there are significant public policy dimensions (governmental regulation on pricing and markets etc.) that critically influence production, distribution and marketing of several agricultural commodities. Unlike their counterpart in manufacturing, agricultural commodity supply chains typically are not well organized in such countries. Therefore, prevalence of cooperatives as an organization structure for managing several supply chain activities is also a common feature. This case has contextually been set under these conditions and it deals primarily with the issue of marketing of tea. In addition to issues pertaining to marketing of agricultural commodities, tea poses unique challenges arising out of numerous varieties/grades. Due to several of these aspects understanding the factors that influence profitability of a firm engaged in procurement, production, marketing and brand creation of tea makes an interesting study for a student of management.

The case offers a multidimensional perspective to the problem of improving the profitability and points to various alternatives in the hands of the management to address the same. The case can be used in the core marketing course, perhaps, as a capstone case towards the end to highlight the interrelationships among different elements of marketing. The case can also be used in other courses to introduce challenges of managing cooperatives, use of auction as the procurement mechanism and also to illustrate the use of Internet as a primary marketing channel.

B. Mahadevan is a professor of operations management at the Indian Institute of Management Bangalore, where he has been teaching since 1992. He was also the Dean (Administration) of the institute. Professor Mahadevan has more than 18 years of wide-ranging experience in teaching, research, consulting and academic administration at IIM Bangalore and other reputed institutions such as IIT Delhi and XLRI, Jamshedpur. He was earlier Chief Editor of the IIMB Management Review, the premier Indian journal for management educators, consultants and practitioners. Professor Mahadevan was earlier the EADS-SMI Chair Professor for Sourcing and Supply Management at IIM Bangalore. He was a visiting scholar at the Amos Tuck School of Business Administration, Dartmouth College, New Hampshire, in 1999-2000.  He was also a retainer consultant to Deloitte Consulting LLP, USA, in 2001-2002. Professor Mahadevan is on the board of trustees of some NGOs providing valuable community and social service.

Professor Mahadevan is a member of the editorial board of the Production and Operations Management Journal and the International Journal of Business Excellence. He served in the editorial board of Six Sigma and Competitive Advantage. Besides being on the advisory boards of several business schools and management journals in India, Professor Mahadevan has published several of his research findings in leading international journals such as the California Management Review, the European Journal of Operational Research, the Production and Operations Management Journal, the International Journal of Production Research, the International Journal of Technology Management and the Asian Journal of Operations Management. He is a lifetime member of the Society of Operations Management and a member of the Production and Operations Management Society.

Seema Gupta is Assistant Professor of Marketing at the Indian Institute of Management Bangalore.  She has earlier worked with RPG Enterprises in Sales and Marketing function.

Professor Gupta's current research interests are Marketing strategy, Corporate Reputation and Marketing Communications. She has published papers in international journals such as Corporate Reputation Review and Public Relations Review. Her recent research includes identifying new dimensions for communicating change in corporate identity; building an experience brand; and building image through advertising. Some of her recent cases are on The Park Hotels, Coke-Pepsi and Bosch.

Professor Gupta is the academic affiliate of Reputation Institute (RI) a premier international research and consulting organization, for India. She is an invited speaker in forums of Marketing, Corporate Reputation, Corporate Communications and Public Relations.

She has conducted several training programmes on Marketing and Marketing Communications for executives. She has done consulting assignments for public as well as private sector organizations in the field of Marketing Strategy and Corporate Reputation.

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India Inc is an item number in a Bollywood film; the backbone of our economy is small biz 02-19

‘India Inc is an item number in a Bollywood film; the backbone of our economy is small biz’

In his book 'India Uninc.', IIMB's Professor R Vaidyanathan argues that the non-corporate sector constitutes nearly 45-50 per cent of GDP and therefore must be supported with less harassment from corrupt regulators and more access to credit

Did you know that both BCCI and Bollywood, magnificent Indian obsessions, belong to the unorganized sector? India Uninc., the book on India's large and productive informal sector by Professor Vaidyanathan, launched on Tuesday (Feb 04) evening at the IIMB auditorium not only redefines the Indian economic structure; it also puts the spotlight on the nation's 'unincorporated' sector and the problems dogging it.

Released by a galaxy of eminent persons, including

Mr. Rangachary, former chairman, IRDA; Mr. Mohandas Pai, Chairman, Manipal Global Education Services, and Mr. Murali, Managing Director, Sriram Properties, the book delves into the non-corporate sector, explains how the many proprietorship and partnership firms, small manufacturing units, kirana stores, single entrepreneurs and household enterprises are the true future of the economy in the long term.

Published by Tata Westland, the book urges a wider view of the national economy, with Professor Vaidyanathan stating that the needs of small entrepreneurs should prevail over crony capitalism.

"Erudite yet accessible, and offering a wealth of information on an uncharted territory, India Uninc. is a must-read for anybody who aspires to understand the Indian economy -as well as India itself," declared Mr Rangachary.

Describing the birth of the book, Professor Vaidyanathan, revealed that 'terminology terrorism' had triggered in him a need to coin a new word - Uninc. He said, "I do not call the informal sector 'unorganized' as the word has a negative connotation. They are certainly better organized than some MNCs, believe me!"

He drew attention to the fact that this 'Uninc' that India must be proud and supportive of actually contributes 45-50- per cent of the GDP and therefore needs access to credit. "Instead what they find themselves dealing with is corrupt regulation," he added.

Highlighting the uniqueness of the Indian economy, he explained how the engine growth for India lies in the unincorporated sector, an idea seconded by Mr. Mohandas Pai, who suggested that the unincorporated sector be incentivized for growth and job creation.

Mr. Murali, who described Professor Vaidyanathan as his mentor, hoped that policies framed by government would show a real connect with real society.

Earlier in the evening, Professor Devanath Tirupati, Director Incharge, IIMB, welcomed the gathering of scholars, business heads and students to the book launch, describing Professor Vaidyanathan as a researcher whose work finds resonance with the common man. And true to character, Professor Vaidyanathan kept his audience engrossed with his wit and wisdom. "I was worried that the vegetable vendor, down the road where I live and who works from 7 am to 10 pm is described as unorganized but the Government is described as organized, and that's when I decided to research the subject," he said only in half jest as his audience erupted into wild applause.

He also laid bare the lopsided viewpoints of policy-makers and 'experts', and urged a broader vision of the country's economy.

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