IIMBDIGEST

OCTOBER 2019

Paper by doctoral scholar Anupama Kondayya and Prof. Pearl Malhotra, from the OB&HRM area, wins Best Developmental Paper in the Identity Track at British Academy of Management Conference 2019. Read more

NEWSMAKERS

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The Economic Times has honoured three IIMB alumni with awards under the coveted ’40 Under Forty’ listing consisting of top business leaders, entrepreneurs and owner-professionals of India. Nithya Balasubramanian, Vice President, Cipla, Rohit MA, Co-founder and Managing Director, CloudNine Group of Hospitals, and Shyam Unnikrishnan, Partner, Bain & Company, are graduates of IIMB’s Post Graduate Programme in Management 2008, Management Programme for Entrepreneurs and Family Businesses 2010, and Post Graduate Programme in Management 2009, respectively. Read more

Facebook has selected six projects from India that will focus on three key areas – governance, cultural diversity and operationalising ethics. One of the research projects picked for the governance category, ‘Ethical Implications of Delegating Decision-making Journey to AI Systems’, is led by Prof. Rahul De, from the Information Sciences area at IIMB. His co-researcher is doctoral scholar Sai Dattathrani. Read more

IIMB shines in top 50 in QS MBA Rankings 2020: In the QS Masters in Management category, IIMB bagged the top spot among Indian institutions, while being placed 26th globally, with a score of 63.1 out of 100. IIMB’s one-year full time MBA (EPGP) is among the top 50 in the QS Global MBA rankings for 2020. It has moved from the 71st position last year to the 44th position in this year’s QS rankings. Read more

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RECENT EVENTS

The annual business conclave, hosted by students of the one-year full-time MBA – the Executive Post Graduate Programme in Man-agement (EPGP) of IIM Bangalore, on September 22, proved to be the perfect forum for thought-provoking discussions on relevant new age management topics such as AI, Machine Learning and bots, and their impact on the economy. Read more

The Centre for Public Policy at IIMB hosted a talk by Kannan Gopina-than, former IAS officer, on September 06. His hour-long talk, titled ‘Freedom of Speech in Government’, was followed by an engaged Q&A session. Read more

IIMB celebrated Hindi Day on September 16 with competitions and invited talks. Read more

A half-day workshop, titled ‘Explore cost-reduction strategies for Electric Vehicle (EV) batteries’, was co-hosted by IIMB and the Indian Council for Research on International Economic Relations (ICRIER) as well as Shakti Sustainable Energy Foundation, New Delhi, and spon-sored by IIMB’s Supply Chain Management Centre (SCMC), on Sep-tember 03. Read more

‘CEOs must build agile teams, inspire millennials’: From Naveen Ti-wari of InMobi to Ajay Nanavati of Syndicate Bank, biz leaders discuss winning strategies at meet hosted by IIMB Alumni Association. Read more

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RECENT RESEARCH

Holding on helps one move forward

We usually think that when we are faced with a dramatic and unexpected event that severs all ties with one’s profession, our past professional networks, values, and skills may not be the ones that are most helpful in our next professional avatar. Prof. Mukta Kulkarni’s research published in the journal, Human Relations, suggests that such is not always the case. Indeed, in some cases, holding on to the past is the best way to move forward. Read more

Internal Auditing in India and China: Some Empirical Evidence and Issues for Research

By R. Narayanaswamy, K. Raghunandan, Dasaratha V. Rama

Internal auditing is an essential element in the corporate governance framework. Research related to internal auditing, particularly in emerging economies like India and China, is sparse. Professor R Narayanaswamy, from the Finance & Accounting area at IIMB, and his fellow researchers use data from responses provided by chief audit executives to provide empirical evidence about the extent of support for internal auditing and the determinants of such support in India and China and compare the data with those from the United States. Read more

Has the Global Financial Crisis changed the Market response to Credit Ratings? Evidence from an Emerging Market

By Ashok Thampy, Sankarshan Basu and Kaveri Krishnan

The paper by Professor Ashok Thampy and Professor Sankarshan Basu from the Finance & Accounting area at IIMB analyses the differential market response to credit rating revisions in the pre and post-global financial crisis period using data from India. By reviewing the stock price reaction to the announcement of long-term rating changes during the period 1996-2015, the study finds evidence that the stock price reacted less to rating announcements after the Global Financial Crisis (GFC) of 2008. However, the difference in the cumulative abnormal returns (CAR) before the GFC and after the GFC is not statistically significant. Read More

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Prof. M.S. Sriram, from the Centre for Public Policy at IIM Bangalore, shares a template for transformative banking reforms in this article in Mint. Read more

FACULTY AUTHORED ARTICLES

Saahas Zero Waste Solutions: Getting to a Product Market Fit While Cleaning up India: A case study

By Suresh Bhagavatula, Deepa Iyer and Menaka Rao

Professor Suresh Bhagavatula’s case on Saahas Zero Waste Solutions shares the inspirational three-decade-long journey of Saahas Zero Waste Solutions as social entrepreneur Wilma Rodriguez seeks various forms of solutions, partnership and organizational structure to work with the social issues in waste management. Readers are sensitized to the contextual backdrop and crisis in waste management, against the spotlight of the social entrepreneur’s struggle to achieving product-market fit. Read More

Prof. Venkatesh Panchapagesan, Chair, NSRCEL, the innovation and incubation centre at IIMB, writes on ‘What makes academic incubators different?’ in Financial Express. Read more

Prof. Sankarshan Basu, from the Finance and Accounting area at IIMB, and his co-author examine whether RBI will be YES Bank’s white knight in this article in Hindu Business Line. Read more

In his opinion piece in Hindu Business Line, Prof. Prateek Raj, from the Strategy area at IIMB, explains that the South Indian growth model is worth emulating because the region knows that trade and tolerance need each other for progress. Read more

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Smart Puja, a novel Bengaluru-based services providing platform, finds wings at NSRCEL. Read more

SPECIAL FEATURES

Kutuki, a start-up incubated at NSRCEL, is passionate about bringing art and technology together to create engaging quality content for children below the age of seven in India. Read More

INNOVATION & ENTREPRENEURSHIP

What has it taken to build an iconic institution such as IIM Bangalore? Former Directors share their take in a compendium called ‘The Evolution of IIMB: Directors’ Perspectives’. The book will be unveiled at the Foundation Day Celebrations on October 28th, 2019. Here’s a sneak preview: Click here

IIMB welcomes 75 global students to Exchange Term on campus. A total of 75 international students from 32 management schools in 17 countries are here with us now. Read more

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UPCOMING EVENTS

The 4th Journal of Accounting, Auditing and Finance (JAAF) India symposium will be held at IIMB during January 11 – 13, 2020. The symposium is co-hosted by IIM Ahmedabad, IIM Calcutta, and the Indian School of Business (ISB). The Centre for Monitoring Indian Economy (CMIE) is the principal sponsor. Read more

The Centre for Software and IT Management at IIMB will co-host the India Software Product Management Summit, along with the International Software Product Management Association, on 17th & 18th January, 2020. Read more

Joy of Giving Week from October 02-08: Vikasana, the student-driven social impact club of IIMB, plans a raft of activities on campus to raise funds for NGOs.

Foundation Day on October 28: IIMB celebrates its 46th Foundation Day with a special lecture by Dr BV Doshi, Pritzker Laureate and architect of this B-school’s iconic campus.

Kick-off of Launchpad Cohort 12: The 12th cohort of the pre-incubation programme at NSRCEL starts on October 14th. Through this three-month programme, early-stage start-ups receive mentoring, classroom sessions, and workshops. Start-ups from across industries like IT, FMCG, Education, E-commerce, Agritech, and AI, among others are typically part of the cohort.Date: October 14th, 2019.

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Intensive Learning Programme for Social Cohorts: Social Cohorts incubated at NSRCEL will be on campus for an Intensive Learning Programme, curated based on their requirements. The week-long programme includes fireside chats, field visits, and pitching sessions.Date: October 14th – 21st, 2019

House of Genius: Supported by the Atal Innovation Mission, House of Genius is a monthly event, hosted by NSRCEL, that identifies ‘Entrepreneurial Geniuses’. The programme brings together three entrepreneurs every month who present their key strategic challenges in front of the diverse mix of panelists who give their feedback. The panelists must keep their identity and experience hidden until the end of the event when they have the big reveal.Date: October 25th, 2019

Pitch Tunes: Supported by the Atal Innovation Mission, this monthly event, put together by NSRCEL, is a platform for start-ups to pitch their value proposition to a panel of investors, VCs, and other entrepreneurs.Date: October 30th, 2019

IIMB will host the third edition of the Future of Learning Conference on January 3–4, 2020. Papers are invited from researchers, practitioners, and policymakers on specific themes. For details, seeLast date of submission of abstracts: October 31st, 2019 Final paper submissions: December 10th, 2019 Communication of acceptance of papers: November 10th, 2019 Read more

Registrations for the Certificate Programme in Technology and Management (CTM), jointly offered by IIM Bangalore and IIT Madras, are now open. Read more

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Programme Title: Project, Programme & Portfolio Management (Batch 2) (Open Programme)Programme Directors: Professor Anshuman Tripathy and Professor Sudhir ChadhaProgramme Dates: 11 – 14 November 2019Click here for RegistrationClick here for Programme URL

Programme Title: Company Directors’ Programme: Board Best Practices (Open Programme)Programme Director: Professor S. RaghunathProgramme Dates: 11 – 13 November 2019Click here for Registration Click here for Programme URL

Programme Title: Managing and Sustaining Hospital Growth (Open Programme)Programme Directors: Professor S. Raghunath and Professor Rama K. JayantiProgramme Dates: 14 – 16 November 2019Click here for Registration Click here for Programme URL

Programme Title: Finance for Decision-Making (for non-finance managers) (Open Programme)Programme Director: Professor Padmini SrinivasanProgramme Dates: 04 – 08 November 2019Click here for RegistrationClick here for Programme URL

BLOCK YOUR CALENDAR

Programme Title: Challenges of Managing Inclusive Finance in India (Open Programme)Programme Director: Professor M.S. SriramProgramme Dates: 11 – 15 November 2019Click here for RegistrationClick here for Programme URL

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Programme Title: Financial Crime Risk & Prevention (Open Programme)Programme Directors: Professor Sankarshan Basu and Professor Nanda KumarProgramme Date: 25 – 29 November 2019Click here for Registration Click here for Programme URL

Programme Title: Designing and Excelling in Service Operations (Open Programme)Programme Directors: Professor Anshuman Tripathy and Professor Sudhir ChadhaProgramme Dates: 25 – 28 November 2019Click here for Registration Click here for Programme URL

Programme Title: General Management Programme (GMPx) (Open Programme)Programme Directors: Professor G. Shainesh, Professor Vasanthi Srinivasan and Professor P.D. JoseProgramme Dates: 28 November 2019 – 30 July 2020Click here for Registration Click here for Programme URL

Programme Title: Supply Chain Management: Sourcing, Planning & Delivery (Batch 2) (Open Programme)Programme Directors: Professor Anshuman Tripathy and Professor Sudhir ChadhaProgramme Dates: 18 – 21 November 2019Click here for Registration Click here for Programme URL

Programme Title: Design Thinking (Open Programme)Programme Directors: Professor Ganesh N. Prabhu and Professor Vinay DabholkarProgramme Dates: 22 – 23 November 2019Click here for Registration Click here for Programme URL

Programme Title: Creating High-Performance Organisations (Batch -1) (Open Programme)Programme Directors: Professor Abhoy K. Ojha and Professor M. Krishna KumarProgramme Dates: 18 – 22 November 2019Click here for Registration Click here for Programme URL

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Quantitative Marketing Research

The course on Quantitative Marketing Research aims to equip learners on designing a quantitative market research project. This includes implementation of specific methods to interpret data and come up with marketing decisions. This is of great significance, especially to marketing managers, as it helps answer crucial marketing questions using data. In this course, quantitative marketing research techniques are introduced in conjunction with key marketing concepts. The learner is introduced to the concept of value and willingness-to-pay, along with how to use auctions to estimate the same. Then, the concept of conjoint analysis is covered, where the concept of value as a function of different attributes is discussed. Post that, the topic of cluster analysis is taken up, where market segmentation based on different value propositions of different customers or customer groups is explored. The course concludes by throwing a light on various ethical issues that are involved, in marketing research, which goes beyond its technical aspects.

Release date: 17th October

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IIMBx, the Digital Learning Initiative of IIMB

Valuation and Creating Sustainable Value

The course, Valuation and Creating Sustainable Value, can help you understand different techniques of valuation. The first part of the course explores the definition, uses and methods of valuation – how value can be created for an organisation and what influences valuation. The second half of the course covers creating sustainable value. Through this course, graduate students and working professionals can understand nuances and the relevance of valuation. It covers concepts that will help students build a competent grasp on the subject. Learners will get expert practitioner and academic insights on several topics in the course which consolidate understanding for practical purposes.

Release date: 8th October

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MONTH IN PICTURES

Dr. Arunabha Ghosh, CEO, Council on Energy, Environment and Water, speaks on ‘Squaring India’s Impossible Trinity’, in a talk hosted by the weekend-MBA, the Post Graduate Programme in Enterprise

Management, at IIMB, on September 03, 2019.

The Office of Research and Publications (R&P) at IIMB hosted a seminar on ‘Treating Symmetric Buyers Asymmetrically’, by Shraman Banerjee, Department of Economics, O.P. Jindal Global University, on

September 05, 2019.

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IIMB’s innovation and entrepreneurship hub NSRCEL hosted a session on ‘Storytelling for Start-ups’, by Vinita Johorey, Life Skills Mentor and Communications Coach, on September 07, 2019.

Spiritual Leader Sri M addresses the IIMB community on September 09, 2019.

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Dinesh Agrawal, Global Head, Mergers and Acquisitions, Angel Investment, Larsen & Toubro Infotech Ltd, addresses students of the Executive Post Graduate Program (EPGP) at IIMB on ‘Mergers,

Acquisitions, and Valuations in the real world’, on September 11, 2019.

The Office of Research and Publications (R&P) at IIMB hosted a seminar on ‘Association of neonatal mortality with quality of care at birth: An observational analysis of nationally representative data on 189143 singleton livebirths, India: 2015–2016’, by Mudit Kapoor, Economics and Planning Unit,

Indian Statistical Institute, New Delhi, on September 12, 2019

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IIMB’s innovation and entrepreneurship hub NSRCEL hosted a session on ‘Sales Theatre Workshop for Start-ups’, by Dr. Rajashree, Co-Founder & Artistic Director, YouAndMe Theatre, on September

19, 2019.

The Office of Research and Publications (R&P) at IIMB hosted a seminar on ‘A Systematic Test of the Independence Axiom: Around Certainty’, by Ritesh Jain, Institute of Economics, Academia Sinica, on

September 19, 2019.

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André Aranha Corrêa do Lago, Ambassador of Brazil to India, accompanied by his spouse, visited IIMB on September 20, 2019. They are welcomed by IIMB Director Prof. G. Raghuram. A recognized architectural critic, the Ambassador explored the architectural structures at IIMB designed by Dr.

Balkrishna V. Doshi, the first Indian to win the Pritzker Prize.

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