ISB hosts a conference for discussing innovative business strategies for emerging India
The Indian School of Business (ISB), in collaboration with the Strategic Management Society (SMS), USA, is organising a high profile international conference at the ISB campus, Hyderabad.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 and 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.
“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.”
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.”