Looking forward to attend IE Venture Day Mumbai next Saturday and catching up w/ friends and amazing entrepreneurs http://t.co/3k2Ez0hPNv— Juan J Güemes (@juanjguemes) October 23, 2013
At a time when healthcare costs in the United States threaten to bankrupt the federal government, this new breed of Indian hospitals is performing the same medical procedures for 5 percent of the cost. That may not seem surprising—after all, wages in India are significantly lower than they are here—until you consider two points...
But how do they do it? Govindarajan identified three major trends that have allowed these Indian hospitals to cut costs without sacrificing quality of care...
But how do they do it? Govindarajan identified three major trends that have allowed these Indian hospitals to cut costs without sacrificing quality of care. The first is something he calls a hub-and-spoke design. Traditionally, Indian hospitals, like those in the U.S. and Europe, were founded in major population centers. In order to reach the masses of people in need of care, however, they began opening smaller clinics in more rural areas feeding into the main hospital, similar to the way that regional air routes feed into major airline hubs.
This tightly coordinated web cuts costs by concentrating the most expensive equipment and expertise in the hub, rather than duplicating it in every village.- See more at: http://www.tuck.dartmouth.edu/newsroom/articles/health-lessons-from-india#sthash.5cMl7WLv.dpuf
Meet your new global consumer
You’ve heard of the burgeoning consumer markets in China and India that are driving the world economy. But do you know enough about these new consumers to convert them into customers?
Do you know that:
• There will be nearly one billion middle-class consumers in China and India within the next ten years?
• More than 135 million Chinese and Indians will graduate from college in this timeframe, compared to just 30 million in the United States?
• By 2020, 68 percent of Chinese households and 57 percent of Indian households will be in the middle and upper classes?
• The number of billionaires in China has grown from 1 to 115 in the past decade alone?...
ISB's Digital Summit 2013
August 30th and 31st, 2013
Rank in 2013 34
Rank in 2012 20
Rank in 2011 13
Ten years ago, the founders of the Indian School of Business, Hyderabad
articulated a vision that was as daunting to execute as it was simple to
state: to build a world-class business school in India.
The rest is history: within a decade the ISB grew from a start-up venture to globally top-ranked business school...
...What appeals most is Sinha's honesty. He readily accepts that ISB has succeeded beyond the expectations of its founders. And at the same time, admits that many of the early goals are yet to be reached. This candour makes the book an eminently readable one. And useful, too...
AHMEDABAD: The Indian Institute of Management, Ahmedabad (IIM-A) on Tuesday appointed Ashish Nanda, a Harvard Law School professor, as its new director nearly ten months after former director Samir Barua's five-year term ended in November 2012. The institute, eyeing a spot among world's top B-schools, had for the first time advertised the post in an international publication seeking a candidate with global exposure. The quest has ended with appointment of Nanda, a Robert Braucher Professor of Practice at Harvard Law School, and an IIM-A 1983 batch alumnus. ..
...If all goes well, India’s economy should recover and return to its recent 8% average in the next couple of years. Enormous new projects are in the works to sustain this growth. For example, the planned Delhi-Mumbai Industrial Corridor (delhimumbaiindustrialcorridor.com), a project with Japanese collaboration entailing more than $90 billion in investment, will link Delhi to Mumbai’s ports, covering an overall length of 1,483 kilometers (921 miles) and passing through six states. The project includes nine large industrial zones, high-speed freight lines, three ports, six airports, a six-lane expressway, and a 4,000-megawatt power plant...
Among our most read: on what's troubling India's economy. http://t.co/lEJumgz4DH— Project Syndicate (@ProSyn) August 10, 2013
KOLKATA: Aspirations at IIM-Calcutta have always been sky-high. Living up to the standard it has set over the years, the institution is now vying for global ranking.
IIM-C has applied for accreditation from what is considered to be the most prestigious global agency - The Association to Advance Collegiate Schools of Business (AACSB). Two sister IIMs - Ahmedabad and Bangalore - have got accreditation from the European Quality Improvement System (EQUIS).
Over the next few months, mentors from different top business schools will visit the IIM-C campus to help the institute fine-tune its teaching-learning process and make it worthy of the accreditation. According to sources, a number of changes are being brought into by the faculty to make academic experience for students vastly different from what it was earlier.
On Wednesday, the first mentor, Gonzalo Garland, will arrive on campus from the Instituto De Empresa, Spain...
"China ready to invest $160 billion in Andhra Pradesh", @NDTV (Wikipedia), July 21, 2013
+ "silicon india": "India’s top 15 cities with the highest GDP"
+ CIO.IN: "Indian CIOs Riding High on the Digital Wave": ...Interestingly, in India, 85 percent of organizations are digitally astute...
A new study from BSA | The Software Alliance and INSEAD, finds that increasing the use of legitimate licensed software could in turn increase India’s GDP by $739 billion...
Hyderabad: China is ready to invest about $160 billion in different sectors in Andhra Pradesh (Wikipedia) and improve bilateral ties with India, according to economic advisor to the President of China.
Shoosan Maa, the economic advisor to Xi Jinping and also the Member of Parliament, met Chief Minister N Kiran Kumar Reddy in Hyderabad and discussed plans to invest in sectors like food processing, small-scale industries, infrastructure and education, among others, a CMO release said.
While quoting Shoosan on China's intention of pumping in $160 billion in the state, the release did not state any timeframe or phases in which such a huge investment could materialise...
...Shoosan said his country would send 10,000 students to Hyderabad for education in various streams, according to the release.
Students across the globe will now be able to access courses and classroom content developed by IIT Bombay. The institute Tuesday joined the massive open online courses (MOOCs) platform started by ...
The Indian Institutes of Technology (IITs) currently have their own initiative, the National Programme on Technology Enhanced Learning (NPTEL), which was started in 2008 and facilitates access to its courses online, free of charge. Currently 300 modules in web or video format can be accessed online by students and faculty from 600 colleges across the country. Another 1,000 are in the process of being developed and added....
Dr. Nirmalya Kumar is Professor of Marketing and Co-Director of Aditya Birla India Centre at London Business School. He is one of the world's leading thinkers on strategy and marketing; having also taught at Harvard Business School, IMD (Switzerland) and Northwestern University (Kellogg School of Management).
As an author, Nirmalya has written seven books, five of which are published by Harvard Business Press: Marketing as Strategy (2004), Private Label Strategy (2007), Value Merchants (2007), India's Global Powerhouses (2009), and India Inside (2012). His latest book is Brand Breakout: How Emerging Market Brands Will Go Global..
“To truly understand marketing strategy, there is perhaps no better guide than Nirmalya Kumar.” — Indra Nooyi, CEO, PepsiCo
Northwestern University, PhD
Shivaji University, Master of Commerce
Calcutta University, Bachelor of Commerce
(Filmed at TEDxLondonBusinessSchool.)
Can India become a global hub for innovation? Nirmalya Kumar thinks it already has. He details four types of "invisible innovation" currently coming out of India and explains why companies that used to just outsource manufacturing jobs are starting to move top management positions overseas, too.
Nirmalya Kumar is a professor of Marketing at the London Business School and a passionate voice for new entrepreneurs in India. Full bio »
Book India’s Global Powerhouses: Chapter 1, www.thinkers50.com/book_extracts/kumar.pdf
Some of the Speakers
SANTIAGO INIGUEZ, president, IE University, talks to Karan Gupta, study abroad consultant, about the challenges facing higher education worldwide
What are the key challenges facing higher education today?
It depends on the region you analyse because we see that the focus has now moved from the Western hemisphere to Asia and so the problems in Europe and in the US are different from those that universities face in Asia or Latin America. For example, if you look at Europe and US, you'll find that we are attending to problems of governance at most universities, financing models and how to bring innovation into the reality and maximise the learning process of users and technology in the learning process. On the other hand, if you look at Asia or Latin America (which has a lot of similarities vis-a-vis higher education ), I guess that the challenges are how to build up prestigious accredited institutions with global status, how to develop their own research and contribution to knowledge from their distinctive perspective and how to build up sustainable models of universities that can transform the world of higher education. So both worlds are complementary and up until now Western universities have been to some extent an inspiration for Asian universities. In future, it may be reverse where Asian universities will become references for many Western universities.
Any steps that you have taken to help overcome the challenges?One of the steps I have taken is to organise the Reinventing Higher Education conference...
PaGaLGuY free ebook article with download link and , 17, July 2012, 274 pages.
From the introduction of the book:It is these sort of uniquely Indian misinterpretations of admissions and post-MBA careers at b-schools outside India that led us at PaGaLGuY to conceptualise this PaGaLGuY Kickass Guide to MBA Abroad. We decided that we will put together a set of articles, interviews and opinions that help Indian MBA applicants get started on the admissions, financing and post-MBA career aspects of international bschools in an ebook that is written from an Indian point-of-view...
According to the "Indian Education Sector Outlook -- Insights on Schooling Segment," (PDF, 9 pages) a report released by New Delhi--based research and consultancy firm Technopak Advisors in May, the total number of schools in India stands at 1.3 million. Of these, private schools account for 20%. Educomp's Dhar points out that only around 10% of the private schools have tapped the potential of multimedia classroom teaching whereas in government schools, it has barely made any inroads...
James W Dean Jr, dean of University of North Carolina's Kenan-Flagler Business School, talks to Shashank Venkat about the institute's management programmes and inaugural global business consulting projects in India.
The Indian student population in your full-time MBA programme has grown from 8 to 13%. What is driving this growth at UNC Kenan-Flagler Business School?
Indian students are extremely competitive. Students who apply to us have the strongest preparation, especially in terms of math, among all the other students. This is the reason they do very well in the GMAT exam. Since the medium of instruction in our institute is English...
An increased supply of executive education programmes by the Ivy League institutes and other international B-schools, including Harvard Business School (HBS), Wharton School of Business, University of Pennsylvania, University of Chicago, Tuck School of Business, INSEAD, Oxford University’s Said Business School and Duke University, in Indian the market is set to add pressure on management institutes in the country.
B-schools Business Standard spoke to said though there will be pressure, the only way is to deliver quality products and services. “Executive training at the Indian Institutes of Management is changing with the competitive pressures from Ivy League global B-schools such as HBS and INSEAD turning their heads to the Indian executive education market. The impact of executive programmes by international B-schools on management development programmes, offered by IIMs, is likely to be on quality and nature of programmes conducted in the executive education domain,” says Keyoor Purani, chairperson, MDP, IIM-Kozhikode (IIM-K)...
NASSCOM India Leadership Forum 2012, 14th - 16th February, Mumbai
Italy’s Università Bocconi is set to become the first leading international university to open an India-based business school under its brand.
Businessworld, 03 Dec 2011
The next 50 years will be defined by two important trends - both favouring India. The world's population is about 7 billion, of which 5 billion are poor. Companies typically target the 2 billion rich. Over the next 50 years, the projection is that we will have 12 billion people, of which 10 billion will be poor. So, the biggest opportunity for corporations is to convert the poor into a consuming base, so that they become an even bigger opportunity over the next 50 years.
However, you need innovation to serve the poor. I recently wrote a piece on a $300 house for the poor. Once you construct a home, it becomes a reservoir for other products. Apple, for instance, does not sell a single iPhone to the poor. If you could make an iPhone for $5, there is a $25-billion market. Even for a giant like Apple, that's a big revenue opportunity.
The second big trend is sustainability. This planet cannot be sustained if the 5-billion poor turn into consumers...
The Indian School of Business (ISB) has received the accreditation by the Association to Advance Collegiate Schools of Business (AACSB), making it the first business school in South Asia to be recognised by the premier global body. The accreditation by AACSB coincides with the 10th anniversary of the b-school.
Dean Ajit Rangnekar: “We are delighted to have received the prestigious AACSB accreditation, which is regarded as the hallmark of excellence in business education. The AACSB is unique because of its mission-driven approach, evaluating the applying schools against peer schools with similar missions. Given our commitment to creating research-based knowledge, and developing leaders through innovative world-class programmes, we are delighted to have this robust and independent reaffirmation of our adherence to our mission.”
He further added, “We are confident that this recognition will translate into increased interest by the international community comprising of faculty, students and recruiters, and help us chart Asia’s and India’s growth as the global management education hub.”...
business today india, September 18, 2011
The country head of HSBC was the first woman to enter the male bastion of investment banking
...The list of Kidwai's firsts is staggering: she was the first Indian woman to graduate from Harvard Business School, or HBS; the first woman to be hired by PriceWaterhouse in India; the first woman to lead a foreign bank in India. Kidwai says she had to work "very hard" to find her space among the men...
Dezsö J. Horváth, dean of the Schulich School of Business, York University, Toronto, Canada, is one of the longest serving business school deans in the world (He has been Dean at Schulich since 1988). Someone who has been one of the key figures in forging of ties between the Schulich School and the GMR Group (best known for the Delhi and Hyderabad airports) for setting up a top-ranked international B-school in Hyderabad, Horváth shares with HT his plans for the Hyderabad campus, the education that will be delivered to Indian and international students and how he hopes the Foreign Educational Institutions (Regulation of Entry and Operations) Bill will get through Parliament on time...
Some of the interdisciplinary research and curricular approaches include:
Professional Science Masters
Service Science supported by IBM (IBM Systems Journal)
MD/MBA at Dartmouth
Stanford GSB and Law school for energy policy
Columbia Business School
IE Business School and Brown University
Indian B-schools have to broaden their own mindset by accepting that they are not in the business of offering MBA degrees. Instead they are in the business of developing talent, which innovates, improves and provides solutions to business and societal problems. Thus, one approach to make B-schools relevant is to consider some of the biggest challenges faced by the Indian society and collaborate to offer programmes, which go beyond disciplinary boundaries. Read more.
NASSCOM, with Fragomen as Knowledge Partner is pleased to announce “Global Immigration - Trends, Opportunities & Challenges - 2011”, an immigration workshop on employer responsibility, new global legislative developments and strategies for compliance at a time of ever increasing restrictions on the worldwide deployment of international personnel.
We had an interesting year where corporations were coming out of the recession and increased deployment globally in line with renewed client demand. In the last one year, we have seen more protectionist measures as well as new challenges. We have seen visa costs increasing and minimum eligibility requirements more stringent across the globe. Mobility and Immigration professionals have been working in tandem with government agencies and industry bodies to be able to address these new demands and be in compliance with the legal requirements.
This conference will enable attendees to obtain and understand a comprehensive overview of the current Immigration trends, challenges and best practices covering multiple international destinations for multi-national corporations. We have confirmations from embassies as well as government immigration authorities from major geographies to speak at the event.
The program with details can be downloaded by clicking here. We look forward to meeting you at this seminar.
1) How prepared are business schools today for unprecedented circumstances like the economic downturn?
The financial crisis was an inflection point in the evolution of management education. Not only has MBA education matured over the past 30 years, but also the crisis provoked important questions about how management education should be taught. It is clear that future leaders will deal with incredible complexity: the globalisation of economies, sophisticated financial markets, greater sensitivity to environmental issues, increasing cultural diversity, etc.
2) Which are the areas in the global education system that need immediate attention?
The key challenge is to educate students to be innovative problem-solvers who understand the impact of their actions on the broader society, including employees, customers, investors, partners and the surrounding community. We cannot provide crystal ball solutions to tomorrow’s problems because we cannot foresee all of them. But we can give students the knowledge and leadership frameworks through which they can carefully examine and address new problems as they arise – and, even better, to head them off. New leaders will also have to understand the context for global business. To this end, we require a global experience for graduation. This can be fulfilled in a variety of ways - including by a study trip, service learning trip or internship in a country the student has not lived or worked in before.
3) How can academic experts introduce innovation and advancement in educational courses in order to groom students to be well-rounded professionals?...
CAT 2010 results for CAT 2011 admissions are out January 12, 2011.
Wikipedia: The Common Admission Test (CAT) is an all-India test conducted by the Indian Institutes of Management (IIMs) as an entrance exam for the management programes of its seven business schools. About 250,000 students took CAT in 2008  for about 1500 seats in the IIMs. This is said to make the IIMs more selective than the Ivy League universities...