Press release from Business Wire India
Source: ISB
Saturday, December 13, 2008 01:00 PM IST (07:30 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Business services, Education & training, Media & entertainment
Release no: 18733
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ISB Hosts a Conference for Discussing Innovative Business Strategies for Emerging India
Hyderabad, Andhra Pradesh, India, Saturday, December 13, 2008 -- (Business Wire India) -- -- High Level Particpation from 120 International and 45 Indian B Schools
-- Indian Industry Leaders Contribute to Research
-- 60 Deans from Leading International and Indian B Schools Congregate to Discuss the Future of Business Education
Congregate to Discuss the Future of Business EducationThe Indian School of Business (ISB), in collaboration with the Strategic Management Society (SMS), USA, is organisng a high profile international conference from December 12-14, 2008, at the ISB campus, Hyderabad, India. The conference, with the theme "Emerging India: Strategic Innovation in a Flat World," is led by Professor C.K. Prahalad, Paul and Ruth McCracken Distinguished University Professor of Strategy, Ross School of Business, University of Michigan. Professor M B Sarkar, Associate Professor & Stauffer Research Fellow, Fox School of Business, Temple University and Professor Charles Dhanaraj, Associate Professor, Richard Ivey School of Business, University of Western Ohio are the Co-Chairs for this conference.
Speaking on the significance of the conference, Rajat Gupta, Chairman, ISB said, "The ISB's success story is reflective of the Indian Leadership and Innovation that is increasingly gaining acceptance across the world. The world is looking at a resurgent India and there is an urgent need for business schools to understand and research these practices. I feel that the SMS conference will play an important role in transferring the knowledge of these practices beyond India."
The conference has attracted high level participation comprising 45 Indian and 120 international business schools across the world. World renowned scholars specialising in 'Strategy' will engage with the brightest Indian academics and business leaders for three days of intense interaction, learning, and networking. The conference is a platform to integrate researchers, academic leaders, and business executives in India with their global counterparts to co-learn and co-create a greater enterprise. Renowned academics such as Tarun Khanna, Harvard; Pankaj Ghemawat, IESE, Spain; Harbir Singh, Wharton and Area Leader of Strategy at the ISB; Yves Doz, INSEAD, and others will lead several discussions on issues of globalisation of India Inc, multinational innovations in India, Indian leadership in strategy, etc.
"This is the first time that a conference of this stature is being conducted in India where leading Indian schools are collaborating to promote research," said M Rammohan Rao, Dean, ISB. "In the past we have looked up to developed countries for thought leadership. I hope the conference generates enough momentum to stimulate a lasting interest in utilising India's intellectual capability so that we can become a crucible for thought leadership in the future."
Learning from India Inc
As Indian firms emerge into the global scene, they bring with them their unique brand of innovative practices, which has created the need for re-thinking of strategic tenets. At least 15 CEOs from Airtel, Reliance Petroleum, ICICI, Biocon, GE, Nokia, Satyam Computers, Tata Sons, Bharat Forge, and others who are putting India on the global map and are some of India's biggest success stories, will engage with world renowned 'strategy' scholars to share their experiences and insights and in turn learn from cutting edge research findings from the academics present.
Speaking on the new model of leadership emerging from India, Professor C K Prahalad, said, "Indian companies have responded well to the demands of globalisation and have transformed themselves into strategic global players. The high velocity of change in the Indian setting, unique elements of the Indian environment, and key attributes of our culture have engendered an 'Indian' model of leadership. This Indian Leadership model has the potential to be applied anywhere else in the world."
Deans of leading business schools congregate
About 50 Deans of leading international business schools such as INSEAD, Kellogg, Chicago Graduate School of Business, IESE Business School, HKUST and others will meet Deans of leading Indian business schools such as ISB, IIM- Calcutta, and others for the first time at the Dean's Conclave. They will discuss the changes in the role and function of business schools and discuss ideas on how to integrate the emerging economies in the process of creating knowledge through research.
Grooming World Class Researchers and Faculty
India's experience in business innovation for emerging economies offers rich possibilities for learning and research. This calls for a radical transformation in academic research in business schools. The conference has several consortia and workshops - the Doctoral Consortium, the Faculty Consortium and the Senior Faculty Consultative Workshop. These will promote collaborative research amongst senior faculty and provide opportunities for senior faculty to mentor junior faculty and doctoral students. Evaluating and encouraging research ideas, creating peer review processes, building international linkages for faculty exchange, gaining insights on the research and publication process are some of the benefits that will be derived from these interactions. Additionally, the conference will create an excellent opportunity for scholars from other countries to learn about the developments and research opportunities in India.
About the ISB
The Indian School of Business is a premier management institution established in 2001. In a short span of seven years, the ISB has successfully pioneered several new trends in management education in India and has established itself as a leading B-school across the world. The ISB has a strong pool of research oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management/Executive Education Programmes as well as to participate in collaborative research with the resident faculty. The ISB has academic associations with the Kellogg School of Management, The Wharton School, and the London Business School
About the SMS
The Strategic Management Society (SMS) - a professional society for the advancement of Strategic Management is unique in bringing together the worlds of reflective practice and thoughtful scholarship. The Society consists of more than 2,000 members representing a kaleidoscope of backgrounds and perspectives from more than fifty different countries. Members comprising academics, business practitioners, and consultants, focus on the development and dissemination of insights on the strategic management process, as well as on fostering contacts and interchange around the world.
CONTACT DETAILS
Bhuvana Ramalingam, Indian School of Business, +91 (040) 23187431, bhuvana_r@isb.edu
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, BUSINESS SERVICES, EDUCATION, MEDIA
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