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COVER STORY
Restructuring IIM-A
Continuted...

WHAT I DIDN'T LEARN AT IIM-A

Som Mittal, CEO Digital EquipmentThe basic tenets of marketing, finance, production, and people management are part of the learning acquired in a B-school like the Indian Institute of Management-Ahmedabad (IIM-A), and they do influence a manager's performance. They equip a manager with the ability to analyse business situations and arrive at solutions using specific analytical tools. But there are a host of other skills required to survive today's complex world:

LATERAL THINKING. The curriculum's first deficiency is the lack of emphasis on lateral thinking. The IIM-A's case study method attempts to bring only past business realities into classroom discussions. Moreover, most of the case studies are based on situations where the environment behaves in an orderly manner, and where causal relationships are stable, predictable, and linear -- thereby offering deterministic solutions. By contrast, real-life situations are chaotic, offer complex correlations between variables, and lead to probabilistic outcomes. Innovation based on creative and lateral thinking, on the other hand, plays a key role in successful business practices. By focusing on past developments, B-schools perpetuate conventional thinking. Today, managers have to predict uncertain events with greater accuracy and respond creatively to a dynamic environment.

PEOPLE MANAGEMENT. Survival hinges on the ability to implement change successfully. For that, a leader should get his people to act in a manner that will yield the desired results. He has to be flexible and responsive to the needs of the entire organisation in order to perform consistently. So, skills pertaining to managing, and winning over, people are critical.

DECISION-MAKING. Today's business leader has to respond continuously to a complex, unpredictable environment. While sound reasoning and logical analysis are the main ingredients of decision-making, they only complement judgement and instinct. Very often, gut reactions provide the extra edge required to survive in today's business environment although they would find no place in an IIM-A curriculum.

To become an effective manager, one has to acquire a different set of skills. An MBA helps one to gain a foothold in the organisation. Once inside, there is a compelling need to superimpose practical techniques on conceptual skills. After all, it is an effective combination of various capabilities that can raise an MBA's performance to outstanding levels.

WHAT I LEARNT AT IIM-A

K V KamathThanks to a rigorous, two-year-long curriculum at the Indian Institute of Management, Ahmedabad (IIM-A), we learnt several new disciplines: marketing, finance, cost management, quantitative methods, organisational behaviour. These are essential prerequisites for working in a multi-disciplinary corporate environment. For a fresh engineering graduate like me, the maximum learning was in cost accounting and finance. It has made a big difference. Especially since it is important to go through the fundamentals and work with numbers to analyse performance and identify the problem areas.

Perhaps the most important aspect of the IIM-A's curriculum was its special emphasis on communication skills, both written and verbal. I learnt to articulate my viewpoint logically and precisely, by supporting it with data. Because of the hard drill, it wasn't the most popular course. But it has turned out to be the biggest help in actual organisational situations, where you need to put your views across convincingly and succinctly.

At the IIM-A, we had a good mix of engineers, chartered accountants, arts and science graduates, managers, and even students who were married and had children. Such a diverse profile creates a wealth of experience: you also learn to adapt and accept people as they are, a handy skill in workplaces. The education process fosters team-building and participation in group activities, which is a good opportunity to build inter-personal relationships. Through some of the courses in behavioural sciences, you also get an opportunity to review yourself and realise your self-worth. This helps in appreciating other people's viewpoints, besides building your own level of confidence. I saw significant changes in many participants during my stay at the IIM-A.

The three most important factors of managerial success are the skills to understand numbers, investigative prowess, and the ability to look at issues from a multi-disciplinary angle. The curriculum at the IIM-A provides inputs for all three. Management thinking is not static; there are no golden rules that you can apply to all situations. Everything is contextual: you have to anticipate change, and provide the leadership to manage it. And while doing all this, you need to preserve your own value system. But, ultimately, what you learn depends on your own attitude. To use the language of baseball, a B-School like the IIM-A pitches several good things at you, but how good a catcher are you?

ILLUSTRIOUS ALUMNI OF IIM-A

  • N.K. Ambwani; Managing Director; J&J; 1972
  • Radhika Anand; Head (Cash Mgmt); ANZ Grindlays; 1981
  • Samira Anand; Senior Accounts Manager; I-Sec; 1991
  • Vijay Anand; Chief (Operations); I-Sec; 1978
  • J.S. Bajwa; CEO; Bausch & Lomb; 1976
  • P. Balaji; General Manager; Tata Lucent; 1990
  • T.K. Balaji; CEO & Managing Director; Lucas Tvs; 1970
  • V. Balaraman; Managing Director; Pond's India; 1970
  • Vivek Bali; Category Manager (Hair Care); P&G; 1984
  • Pankaj M. Baliga; Vice-President (Sales & Marketing); INDIAN HOTELS; 1970
  • M.S. Banga; Director (Detergents); HLL; 1977
  • Varun Batra; Assistant Vice-President; Citibank; 1990
  • Vinay K. Batra; Partner/Director; A.F. Ferguson; 1982
  • S. Bhandari; Exec. Director & Treasurer; HDFC Bank; 1980
  • Samir Bhandari; Director (Risk Management); Union Bank Of Switzerland, Singapore; 1989
  • Sundeep Bhandarkar; Sr Vice-President; Prudential-ICICI; 1989
  • Vedika Bhandarkar; Group Manager (Proj. Fin.); I-Sec; 1989
  • Mayank Bhargava; Assistant Vice-President; Citibank; 1990
  • Pradeep Bhargava; President & CEO; GE Lighting; 1979
  • R. Bhatia; First Vice-President; Merril Lynch, Chicago; 1979
  • M. Bhattacharya; Director (Equity Analysis); Merrill Lynch, New York; 1969
  • R.R. Bhinge; CEO; Tata Strategic Management Group; 1975
  • R.K. Bhurat; Head (Marketing-Tractors); M&M; 1972
  • Rahul K. Bishnoi; Chairman (Dept. Of Banking & Finance); Hofstra U, New York; 1977
  • Amit Bose; Executive Director (Foods); Pepsico India; 1978
  • Rajive Chada; Vice-President; Citibank; 1988
  • Anu Chadha; Vice-President; Citibank; 1988
  • Deepak Chandnani; Vice-President; Citibank; 1990
  • K. Chaukar; Managing Director; I-Sec; 1971
  • Anand Chopra; Vice-President; Citibank; 1990
  • Swaraj Choudhury; Head (Research Funds Management); ANZ GRINDLAYS; 1992
  • Sandeep Dhawan; Merchant Banking (London); ANZ GRINDLAYS; 1988
  • A.P. Ekbote; Vice-President; Tata Liebert; 1981
  • Sunil Garg; Vice-President (Global Transactions); Citibank, SINGAPORE; 1988
  • V.K. Garg; General Manager (Corp. Planning); M&M; 1970
  • K.S. Gopalaswamy; Head (Balance-Sheet Mgmt); ANZ GRINDLAYS; 1981
  • Ashesh Gupta; Head (Fin. Markets Sales); ANZ Grindlays; 1990
  • Sugata Gupta; Vice-President; Citibank; 1989
  • Sunil Handa; CEO; Core Emballage; 1979
  • Sriram Jaganathan; Assistant Vice-President; Citibank; 1989
  • N. Jayaraman; CEO; Colgate-Palmolive; 1975
  • Rajeev Jyoti; Vice-President (Rolling Stock); ABB Daimler-Benz Transportaion; 1977
  • K.V. Kamath; CEO; ICICI; 1971
  • K.F. Kapadia; Sr Vice-President (Fin.); Titan Industries; 1974
  • Anil Kapoor; Managing Director; Ulka; 1969
  • Kiran Karnik; CEO; Discovery Channel; 1968
  • C.V. Krishnan; CEO & Executive Director; Essar Power; 1973
  • Ajay Kumar; CEO; Generale De Confetaria; 1977
  • Amit Kumar; Assistant Director; ANZ Grindlays; 1991
  • Anil Kumar; Assistant Vice-President; Citibank; 1991
  • Chandresh Kumar; Director (Centralised Administration); ANZ GRINDLAYS; 1974
  • Preeti Lobana; Head (Other Assets); ANZ Grindlays; 1990
  • Arvind Mahajan; Partner/Director; A.F. Ferguson; 1978
  • Judy Manners; Senior Auditor; ANZ Grindlays; 1989
  • R.J. Masilamani; Managing Director; Timex Watches; 1970
  • Brijesh Mehra; Vice-President (Project Finance); ABN Amro Bank, Singapore; 1986
  • Dilip R. Mehta; President; Wiltech India; 1967
  • Som Mittal; Ceo; Digital Equipment; 1975
  • Vivek Mohindra; Vice-President; Citibank; 1989
  • Nachiket More; Deputy General Manager; ICICI; 1987
  • Hari L. Mundra; CFO & Director; RPG Enterprises; 1971
  • Satish D. Nadkar; Vice-Chairman & Managing Director; Anagram Finance; 1971
  • Arvind Nair; CEO; Amtrex Appliances; 1979
  • Navodit Narain; Assistant Director; ANZ Grindlays; 1988
  • Girja P. Pande; Head (Corporate Banking); ANZ Grindlays; 1975
  • Ian Periera; Director (Relationship Mgmt); ANZ Grindlays; 1979
  • Bharat Puri; General Manager (Mktg); Asian Paints; 1982
  • Madhvi Puri Buch; Senior Vice-President; ICICI; 1988
  • H.K. Press; Senior Vice-President; Godrej Soaps; 1972
  • S. Ramakrishnan; Deputy Managing Director; Indian Hotels; 1972
  • K.S. Ramesh; Vice-President (Sales); Procter & Gamble; 1977
  • A.V. Rammohan; CEO; Rane Brake Linings; 1976
  • S. Ramsundar; Executive Director (Finance); Pepsico India; 1976
  • M.D. Ranganath; Vice-President; ICICI; 1991
  • Jagdish Rao; Vice-President; Citibank; 1989
  • G. Ravishankar; Derivatives Sales Executive; ANZ Grindlays; 1988
  • Ajay Relan; Vice-President; Citibank; 1978
  • R.N. Rudra; Asst Manager (Implementation); ANZ Grindlays; 1989
  • Girja S. Sahoo; Manager, Funds (Balance-Sheet Mgmt); ANZ Grindlays; 1989
  • Ravi Saxena; Assistant Vice-President; Citibank; 1991
  • Gaurav Seth, Head (NRI global services); ANZ Grindlays; 1986
  • B.K. Sen; CEO; Mafatlal Apparel Manufacturing; 1967
  • Tilak Shankar; Partner/Director; A.F. Ferguson; 1969
  • Ashutosh Sharma; Assistant Vice-President; Citibank; 1991
  • Sanjaya Sharma; CEO; Tata Interactive Systems; 1980
  • Shika Sharma; General Manager; ICICI; 1981
  • Amardeep Singh; Assistant Vice-President; Citibank; 1992
  • Bhriguraj Singh; Manager (Corporate Relation Management); ANZ Grindlays; 1991
  • M. Singh; Vice-President (Projects); Indian Hotels; 1979
  • T.A.P. Srinath; Assistant Vice-President; Citibank; 1987
  • Ajay Srinivasan; Managing Director; Prudential-ICICI; 1987
  • V. Srirangan; Vice-President (Comm.); Tata Infotech; 1979
  • V. Subbaraman; Assistant Vice-President; Citibank; 1992
  • Vikram Talwar; Chairman; Ernst & Young; 1970
  • P.M. Telang; General Manager; TELCO; 1972
  • G. Tripathi; Senior Vice-President; ICICI; 1987
  • Ravi Uppal; CEO; Volvo India; 1975
  • Rita Vasan; General Manager; ICICI; 1970
  • Naresh B. Warlikar; CEO; Indian Seamless Finance; 1977

Source IIMA

 

THE IIM-A FACULTY
Director: Jahar Saha; Ph.D (Case Western Reserve)
Dean: P.M. Shingi, Ph.D (Illinois U)
Chief Admin. Officer: A.K. Dua, MBA (IMDR, Pune)

FACULTY BUSINESS POLICY
K. Balakrishnan, MBA (Harvard U)
M.R. Dixit, Ph.D (IIT, Kanpur)
S. Manikutty, Ph.D (IIM-A)

CENTRE FOR MANAGEMENT IN AGRICULTURE
V.N. Asopa, Ph.D (Lllinois U)
S.L. Bapna, Ph.D (Sardar Patel U)
Samar K. Datta, Ph.D (Rochester U)
B.M. Desai, Ph.D (Cornell U)
Vasant P. Gandhi, Ph.D (Stanford U)
Girja Sharan, Ph.D (Cornell U)
Anil K. Gupta, Ph.D (Kurukshetra U), Fellow (National Academy Of Agricultural Sciences)
Gopal Naik, Ph.D (Lllinois U)
Gurdev Singh, Ph.D (Lllinois U)
P.M. Shingi, Ph.D (Illinois U)
Devi D. Tewari, Ph.D (Sasketchewan U)
Vijay Paul Sharma, Ph.D (NDRI, Karnal)

COMPUTER & INFORMATION SYSTEMS GROUP
S.C. Bhatnagar, CMC Chair Professor Of Information Technology, Ph.D (IIM-A)
Rekha Jain, Ph.D (IIT-Delhi)
B.H. Jajoo, Ph.D (IIT-Kanpur)
T.P. Rama Rao, M.Tech. (IIT-Kanpur)
K.V. Ramani, Ph.D (Cornell U)
V. Venkata Rao, Ph.D (Georgia Institute Of Technology)

ECONOMICS
Bakul H. Dholakia, RBI Chair Professor of Industrial Economics, Ph.D (MS U)
Ravindra H. Dholakia, Ph.D (MS U)
Anand P. Gupta, Ph.D (florida U)
Somdeb Lahiri, Ph.D (minnesota U)
Sebastian Morris, Ph.D (iim-C)
Patibandla Murali, Ph.D (JNU, Delhi)

ENTREPRENEURSHIP GROUP
K. Ramachandran, Ph.D (Cranfield U)

FINANCE & ACCOUNTING
Ramesh Bhat, Ph.D (Delhi School of Economics)
R. Gupta, Ph.D (Berkeley U)
V. Jaikumar, Ph.D (Columbia U)
I.M. Pandey, Ph.D (Delhi U)
V. Raghunathan, Ph.D (IIC-C)
Sidharth Sinha*, Ph.D (California U)
J.R. Varma*, Ph.D (IIM-A)
N. Venkiteswaran, CA

INTERNATIONAL POLICY MANAGEMENT GROUP
Rakesh Basant, Ph.D (Gujarat U)
G.S. Gupta, Ph.D (Johns Hopkins)

INTERNATIONAL MANAGEMENT GROUP
Shekhar Chaudhuri, Ph.D (IIM-A)
Ashok N. Korwor, Ph.D (UCLA)
J.P. Singh, Ph.D (Akron U)

MARKETING
Bibek Banerjee, Ph.D (Purdue U)
A.K. Jain*, Ph.d (IIM-A)
Abraham Koshy, Ph.D (IIM-A)
Sipra Mukhopadhyay, Ph.D (Jadavpur U)

ORGANISATIONAL BEHAVIOUR
Deepti Bhatnagar, Ph.D (IIM-A)
Jagdeep S. Chhokar, Ph.D (Louisiana State u)
Parvinder Gupta, Ph.D (IIT, Kanpur)
Prodip N. Khandwalla, Ph.D (Carnegie-Mellon U)
Sasi B. Misra, Ph.D (UCLA)
Indira J. Parikh, Ph.D (Gujarat U)
D.M. Pestonjee, L&T Chair Professor in Organisational Behaviour, Ph.D (AMU)
S. Ramnarayan, Ph.D (Case Western Reserve)

PERSONNEL & INDUSTRIAL RELATIONS
Jerome Joseph, Ph.D (Madras U)
A. Monappa, M.Sc (LSE)

PRODUCTION & QUANTITATIVE METHODS
S.K. Barua, Ph.D (IIM-A)
Pankaj Chandra, Ph.D (Pennsylvania U)
Amarlal H. Kairo, Ph.D (minnesota U)
T. Madhavan, Ph.D (IIM-A)
N. Ravichandran, Ph.D (IIT-Madras)
Jahar Saha, Ph.D (Case Western Reserve)
S. Trilochan Sastry, Ph.D (Massachusetts Institute of Technology)
R. Sridharan, Ph.D (Carnegie-Mellon U)
Devanath Tirupati, Ph.D (Massachusetts Institute of Technology)
Arabinda Tripathy, Ph.D (London School of Economics)

PUBLIC SYSTEMS GROUP
Dileep V. Mavalankar, Ph.D (Johns Hopkins U)
Saumen Majumdar, Ph.D (IGIDR-Mumbai)
Prem Pangotra, Ph.D (Wisconsin U)
G. Raghuram, Ph.D (North Western U)
P.R. Shukla, Ravi Matthai Centre for Educational Innovation, Ph.D (Stanford U)
Brij Kothari, Ph.D (Cornell U)
Rajeev Sharma, Ph.D (Allahabad U)
R.G. Nambiar, Mmtc Ambedkar Chair Professor of Intl Trade & Mgmt, Ph.D (Ms U)

VISITING FACULTY
Rama Bijapurkar, Mktg Consultant, (Market Research & Information Systems)
Jayanthi Gadagath, Former Reader, IIM-A, (Written Analysis & Comm.)
Sunil Handa*, CEO, Core Emballage, (Lab. for Entrepreneurial Motivation)
P.R. Joshi, Vice-President, DSP-Merill Lynch, (International Banking & Finance)
Gopal Krishnan, Faculty Member, B.K. School of Management, Gujarat U, (Written Analysis and Communication)
V.L. Mote, Advisor, Arvind Mills, (Quantitative Methods)
Raghu Anand Narain, Consultant, (Explorations in Role & Identity)
Mukesh Patel, Consultant, (Corporate Tax Planning)
Rohini Patel, Former Reader, IIM-A, (Written Analysis & Communication)
A.G. Rajawade, Consultant, (International Banking & Finance)
T.T. Ramohan, Professor, S.P. Jain Institute of Management, Mumbai, (Management of FIIs)
A.L. Saraf, Lawyer, (Legal Aspects of Business)
D.N. Saral, Advisor, Cons. EDN Research Centre, (Legal Aspects of Business)
S.P. Singh, Former Professor, Indian Institute of Bank Management, Pune, (Leadership: Vision, Meaning & Reality)
S.N. Soparkar, Consultant, (Corporate Tax Planning)
Kiran Umrutkar, Vice-President, Tata Finance, (International Banking & Finance)
M.N. Vora, Consultant, (Sales & Distribution)

 

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