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02 Sep 2019, 23:00
| FROM ISB Admissions Blog: Busting the Bubble of Myopia |
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It feels no less than a privilege to be one among such a diverse cohort at this premier B-School, where each one of them, are going to be no less than a future business leader. Also being taught by such renowned faculty members, who not only help us broaden our vision on business issues but also help us fetch bigger life lessons to succeed as a leader. But more often than not, most of us at B-Schools find ourselves stuck in a myopic bubble, with mostly short term goals such as exams, grades, and placements in mind, which of course, I do believe are important, but not the most important aspect of an MBA. Somehow this myopic vision may take away the real-life learning because somewhere down the line in pursuing our dream for that big shot job, we forget to take bigger life learnings which would go a long way for success in life in general and the business world in particular. Beyond the knowledge about business subjects, business schools give us a perfect environment to become a better and smarter version of ourselves. The extremely competitive environment sometimes exposes us to the extreme level of insecurities, but it’s only up to us to keep ourselves away from giving in to the urge of joining the rat race. We should rather take this competitive setting as a learning exercise to help us be a more secure person, which is what will serve us a long way in life. As rightly indicated by a common economic concept that price war, in a competitive setting, pushes all the competitors down to their marginal cost and ultimately out of business. Similarily utter competition among each other has the potential to rip us out of our individuality. The real matrix of success is not about how better we are from the individuals surrounding us, but it’s about how better or worse our newer version becomes as compared to our previous one. Moreover, there are so many people from diverse backgrounds with a set of thought processes, some being completely contradictory to our own set of beliefs, also gives us an opportunity to have dissenting arguments, which may give the job at hand completely new direction. But before that, we will have to learn to agree to disagree and be at comfort and respect with other’s individuality. More often than not we find ourselves stuck in the vicious cycle of cribbing about differently opinionated individuals, and rather than benefiting from those differences we whine about them, but we must remember than whiners are not winners. Hence instead of just moving around in the scary spiral of the much used and abused B-School phenomenon of FOMO: Fear of Missing Out, we should rather be scared on not ending up with FOMI: Fear of Missing our Individuality. -Suhani Varshney | ISB PGP Co’20 |
06 Sep 2019, 00:00
| FROM ISB Admissions Blog: Updates on Family Business |
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Meet India’s top 10 billionaires who donate money for social good – https://yourstory.com/2019/08/top-philanthropist-businessmen-charity-donation-billionaires-india Levelling Up : Shattering Myths about Philanthropy in Asia – https://www.campdenfb.com/article/levelling-shattering-myths-about-philanthropy-asia In 1923, This 20-year old Became India’s First Woman to Head a Shipping Company! –https://www.thebetterindia.com/194092/sumati-morarjee-first-woman-head-shipping-company-unsung-history-india/ Why Asian Families are Failing to address Succession and Governance – https://www.campdenfb.com/article/why-asian-families-are-failing-address-succession-and-governance The Rich Column: More business dynasties would survive if only families learned to talk – https://www.ft.com/content/825947e6-bf2d-11e9-9381-78bab8a70848 |
13 Sep 2019, 02:00
| FROM ISB Admissions Blog: Updates on Family Business |
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Family businesses contribute over 70% to India’s GDP, says Farhad Forbes of Family Business Network – https://www.businesstoday.in/opinion/interviews/family-businesses-contribute-over-70-to-india-gdp-says-farhad-forbes-of-family-business-network/story/378135.html Karan Johar’s Dharmatic Entertainment ties up with Netflix – https://www.livemint.com/industry/media/netflix-ties-up-with-karan-johar-s-dharmatic-entertainment-1568181484148.html Voltas eyes 20% sales volume growth this year- //economictimes.indiatimes.com/articleshow/71102934.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Top Three Trends set to Impact Family Businesses in the Future – https://www.campdenfb.com/article/top-three-trends-set-impact-family-businesses-future |
20 Sep 2019, 00:00
| FROM ISB Admissions Blog: Family Business Updates: Sep 20, 2019 |
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Haldiram’s in talks to invest in milkshake brand Frozen Bottle – https://www.livemint.com/companies/news/haldiram-s-in-talks-to-invest-in-milkshake-brand-frozen-bottle-1568398720638.html Fifth Generation Member of Kirloskars joins Family Business – https://www.businesstoday.in/magazine/most-powerful-women/stable-presence/story/379690.html Dalmia Bharat puts in bid for Emami’s cement business – //economictimes.indiatimes.com/articleshow/71089828.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Bennett Coleman & Co buys shares worth Rs 241 cr in Future Retail – //economictimes.indiatimes.com/articleshow/71100165.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Capital Thinking on Financing Family Business Growth – https://www.campdenfb.com/article/capital-thinking-financing-family-business-growth |
26 Sep 2019, 21:00
| FROM ISB Admissions Blog: Family Business Updates: Sep 27, 2019 |
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Muthoot Finance to raise Rs 1,000 crore to fund business growth – https://www.business-standard.com/article/companies/muthoot-finance-to-raise-rs-1-000-crore-via-ncds-to-fund-business-growth-119092600452_1.html Wealth Generators: Mukesh Ambani richest Indian for eighth straight year- https://economictimes.indiatimes.com/markets/stocks/news/mukesh-ambani-richest-indian-for-eighth-straight-year/articleshow/71294995.cms Allcargo Logistics to acquire Gati- https://www.livemint.com/companies/news/allcargo-logistics-in-talks-to-acquire-stake-in-rival-gati-1569431073428.html Why Next Gens should Play a Central Role in Building Formal Governance Structures- https://www.campdenfb.com/article/why-next-gens-should-play-central-role-building-formal-governance-structures What Family Offices Need To Know For 2020 And Beyond – https://www.forbes.com/sites/francoisbotha/2019/09/24/key-findings-from-the-leading-family-office-benchmark-report-and-what-they-mean-for-you-in-2020/#6d68a02e3cba This IIM graduate joined his struggling family business against their wishes, grew it 5 times in 4 years – https://yourstory.com/smbstory/iim-entrepreneur-family-business-kolkata-iron-foundry |
06 Oct 2019, 21:50
| FROM ISB Admissions Blog: Family Business Updates: October 07, 2019 |
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Godrej Security Solutions to invest Rs 100 cr in R&D, branding next 2 years https://www.business-standard.com/artic ... 841_1.html Wipro Consumer Care allocates ₹200 crore for its startup venture fund https://www.livemint.com/companies/news ... 02455.html Lupin appoints non-family professional to head specialty business in USA https://www.businesstoday.in/current/co ... 81190.html Preparing the “Now Generation” of Asian Family Businesses https://www.tharawat-magazine.com/susta ... #gs.6q8kok |
06 Oct 2019, 21:51
| FROM ISB PGP Admissions Director Blog: Family Business Updates: Sep 27, 2019 |
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Muthoot Finance to raise Rs 1,000 crore to fund business growth – https://www.business-standard.com/article/companies/muthoot-finance-to-raise-rs-1-000-crore-via-ncds-to-fund-business-growth-119092600452_1.html Wealth Generators: Mukesh Ambani richest Indian for eighth straight year- https://economictimes.indiatimes.com/markets/stocks/news/mukesh-ambani-richest-indian-for-eighth-straight-year/articleshow/71294995.cms Allcargo Logistics to acquire Gati- https://www.livemint.com/companies/news/allcargo-logistics-in-talks-to-acquire-stake-in-rival-gati-1569431073428.html Why Next Gens should Play a Central Role in Building Formal Governance Structures- https://www.campdenfb.com/article/why-next-gens-should-play-central-role-building-formal-governance-structures What Family Offices Need To Know For 2020 And Beyond – https://www.forbes.com/sites/francoisbotha/2019/09/24/key-findings-from-the-leading-family-office-benchmark-report-and-what-they-mean-for-you-in-2020/#6d68a02e3cba This IIM graduate joined his struggling family business against their wishes, grew it 5 times in 4 years – https://yourstory.com/smbstory/iim-entrepreneur-family-business-kolkata-iron-foundry |
06 Oct 2019, 21:51
| FROM ISB PGP Admissions Director Blog: Family Business Updates: October 07, 2019 |
|
Godrej Security Solutions to invest Rs 100 cr in R&D, branding next 2 years https://www.business-standard.com/artic ... 841_1.html Wipro Consumer Care allocates ₹200 crore for its startup venture fund https://www.livemint.com/companies/news ... 02455.html Lupin appoints non-family professional to head specialty business in USA https://www.businesstoday.in/current/co ... 81190.html Preparing the “Now Generation” of Asian Family Businesses https://www.tharawat-magazine.com/susta ... #gs.6q8kok |
14 Oct 2019, 00:00
14 Oct 2019, 00:01
16 Oct 2019, 09:00
| FROM ISB Admissions Blog: As it turns out |
|
“And then I instructed Saif Ali Khan to not move in the scene as his own success and that of the film was dependent on Shah Rukh owning the moment” said Nikhil Advani over lunch as I gazed at him talking about the famous ‘diary’ scene from Kal Ho Na Ho. Just a few weeks before this moment when I was persevering through DMOP and Corporate Finance (read cursing my decision to leave my comfy job for ISB), it was hard for me to imagine having such a conversation with the director of my favorite movie. As it turns out, thanks to my ELP project with Hotstar, I was handpicked to give Nikhil Advani lunch company since he was interested in speaking to someone with knowledge of the OTT industry. Cut to 2 weeks later (I’m clearly still in director mode), I find myself talking about how the dialogue “Sab ke paas nahi hoti Laxman” has become a meme template with Farah Khan over Butter Chicken at Dinner. As it turns out, because of my serendipitous acquaintance with Akshaye Rathi – film exhibitor – during an equinox mixer, I ended up being the obvious choice to Shadow Farah Khan for ILS. While both these instances were random events and I don’t have any Bollywood aspirations whatsoever, it just showed me the pull ISB’s brand name has to attract the biggest celebrities and the trust the school has in its students to interact with them unsupervised. Beyond Bollywood, in this last month alone, I got to moderate a panel and have behind the stage conversations with Rucha Pathak – Chief Creative Officer, Fox Star Studios and Anirudh Pandita – Co-founder of Pocket Aces (which owns FilterCopy among many others). Taking new-found insights, I got a chance to present my findings to the absolute top management of Hotstar in their swanky Bombay office (for some reason Swanky and Mumbai just didn’t go well together). Finally, as I wait for the results of Shadow-a-CEO where I bid to shadow a CEO of my choice for an entire day, I must get quickly wrap up this blog and get ready. As it turns out, I’d filled an EOI to have coffee with Ankur Warikoo – ISB’s star alum and CEO of nearbuy.com – and I got selected. – by Punya Vats |
16 Oct 2019, 09:01
| FROM ISB PGP Admissions Director Blog: As it turns out |
|
“And then I instructed Saif Ali Khan to not move in the scene as his own success and that of the film was dependent on Shah Rukh owning the moment” said Nikhil Advani over lunch as I gazed at him talking about the famous ‘diary’ scene from Kal Ho Na Ho. Just a few weeks before this moment when I was persevering through DMOP and Corporate Finance (read cursing my decision to leave my comfy job for ISB), it was hard for me to imagine having such a conversation with the director of my favorite movie. As it turns out, thanks to my ELP project with Hotstar, I was handpicked to give Nikhil Advani lunch company since he was interested in speaking to someone with knowledge of the OTT industry. Cut to 2 weeks later (I’m clearly still in director mode), I find myself talking about how the dialogue “Sab ke paas nahi hoti Laxman” has become a meme template with Farah Khan over Butter Chicken at Dinner. As it turns out, because of my serendipitous acquaintance with Akshaye Rathi – film exhibitor – during an equinox mixer, I ended up being the obvious choice to Shadow Farah Khan for ILS. While both these instances were random events and I don’t have any Bollywood aspirations whatsoever, it just showed me the pull ISB’s brand name has to attract the biggest celebrities and the trust the school has in its students to interact with them unsupervised. Beyond Bollywood, in this last month alone, I got to moderate a panel and have behind the stage conversations with Rucha Pathak – Chief Creative Officer, Fox Star Studios and Anirudh Pandita – Co-founder of Pocket Aces (which owns FilterCopy among many others). Taking new-found insights, I got a chance to present my findings to the absolute top management of Hotstar in their swanky Bombay office (for some reason Swanky and Mumbai just didn’t go well together). Finally, as I wait for the results of Shadow-a-CEO where I bid to shadow a CEO of my choice for an entire day, I must get quickly wrap up this blog and get ready. As it turns out, I’d filled an EOI to have coffee with Ankur Warikoo – ISB’s star alum and CEO of nearbuy.com – and I got selected. – by Punya Vats |
17 Oct 2019, 23:00
| FROM ISB Admissions Blog: Family Business Updates: October 18, 2019 |
|
Premji, Warburg to buy $432 million SBI insurance arm stake https://www.livemint.com/companies/news ... 99054.html Cipla acquires novel anti-infective drug Elores from Venus Remedies https://www.livemint.com/companies/news ... 49696.html KSK Group CEO Joanne Kua On Building A Successful Family Business In Asia That Can Last Generations https://sg.asiatatler.com/society/malay ... ess-legacy Women entrepreneurs key to Thai growth story https://www.bangkokpost.com/opinion/opi ... owth-story Family Office Principals Unconvinced by Next Generational Readiness for Succession https://www.campdenfb.com/article/family-office-principals-unconvinced-next-generation-readiness-succession |
17 Oct 2019, 23:01
| FROM ISB PGP Admissions Director Blog: Family Business Updates: October 18, 2019 |
|
Premji, Warburg to buy $432 million SBI insurance arm stake https://www.livemint.com/companies/news ... 99054.html Cipla acquires novel anti-infective drug Elores from Venus Remedies https://www.livemint.com/companies/news ... 49696.html KSK Group CEO Joanne Kua On Building A Successful Family Business In Asia That Can Last Generations https://sg.asiatatler.com/society/malay ... ess-legacy Women entrepreneurs key to Thai growth story https://www.bangkokpost.com/opinion/opi ... owth-story Family Office Principals Unconvinced by Next Generational Readiness for Succession https://www.campdenfb.com/article/family-office-principals-unconvinced-next-generation-readiness-succession |
24 Oct 2019, 21:00
| FROM ISB Admissions Blog: Family Business Updates: October 25, 2019 |
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Grasim forms joint venture with German power engineering company https://economictimes.indiatimes.com/in ... 707514.cms Jindal Stainless joins hands with BCL to develop foot-over-bridges https://economictimes.indiatimes.com/in ... 722439.cms HCL announces bonus shares as profits rise https://www.livemint.com/companies/comp ... 88947.html Mahindra’s educational arm to set up laboratory to work on electric vehicles https://www.business-standard.com/artic ... 552_1.html TVS Motors improves performance through cost reduction https://www.business-standard.com/article/companies/cost-reduction-programme-plays-key-role-in-helping-tvs-grow-ebidta-119102000377_1.html |
24 Oct 2019, 21:01
| FROM ISB PGP Admissions Director Blog: Family Business Updates: October 25, 2019 |
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Grasim forms joint venture with German power engineering company https://economictimes.indiatimes.com/in ... 707514.cms Jindal Stainless joins hands with BCL to develop foot-over-bridges https://economictimes.indiatimes.com/in ... 722439.cms HCL announces bonus shares as profits rise https://www.livemint.com/companies/comp ... 88947.html Mahindra’s educational arm to set up laboratory to work on electric vehicles https://www.business-standard.com/artic ... 552_1.html TVS Motors improves performance through cost reduction https://www.business-standard.com/article/companies/cost-reduction-programme-plays-key-role-in-helping-tvs-grow-ebidta-119102000377_1.html |
31 Oct 2019, 22:00
| FROM ISB Admissions Blog: Family Business Updates: November 01, 2019 |
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Bajaj Auto: The global Indian – https://www.fortuneindia.com/opinion/the-global-indian/103727 Godrej family decides to put a bigger slice of shareholdings in trust-https://www.livemint.com/companies/news/godrej-family-decides-to-put-a-bigger-slice-of-shareholdings-in-trust-11572458308180.html Abu Dhabi firm to pick up minority stake in Rahul Munjal’s Hero Future – Energyhttps://www.livemint.com/companies/news/abu-dhabi-firm-to-pick-up-minority-stake-in-rahul-munjal-s-hero-future-energy-11572435336779.html British Indian steel tycoon to consolidate steel empire- //economictimes.indiatimes.com/articleshow/71803412.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Haldiram, 2 others in race to buy out Lavasa for about Rs 2,046 cr –https://www.business-standard.com/article/companies/haldiram-2-others-in-race-to-buy-out-lavasa-for-about-rs-2-046-cr-119103100079_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 |
31 Oct 2019, 22:01
| FROM ISB PGP Admissions Director Blog: Family Business Updates: November 01, 2019 |
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Bajaj Auto: The global Indian – https://www.fortuneindia.com/opinion/the-global-indian/103727 Godrej family decides to put a bigger slice of shareholdings in trust-https://www.livemint.com/companies/news/godrej-family-decides-to-put-a-bigger-slice-of-shareholdings-in-trust-11572458308180.html Abu Dhabi firm to pick up minority stake in Rahul Munjal’s Hero Future – Energyhttps://www.livemint.com/companies/news/abu-dhabi-firm-to-pick-up-minority-stake-in-rahul-munjal-s-hero-future-energy-11572435336779.html British Indian steel tycoon to consolidate steel empire- //economictimes.indiatimes.com/articleshow/71803412.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Haldiram, 2 others in race to buy out Lavasa for about Rs 2,046 cr –https://www.business-standard.com/article/companies/haldiram-2-others-in-race-to-buy-out-lavasa-for-about-rs-2-046-cr-119103100079_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 |
07 Nov 2019, 23:00
| FROM ISB Admissions Blog: Family Business Updates: November 08, 2019 |
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Family businesses: Most have no succession plan, finds ISB study – https://www.thehindubusinessline.com/economy/family-businesses-most-have-no-succession-plan-finds-isb-study/article29901960.ece Passing the baton… smoothly – https://www.business-standard.com/article/opinion/passing-the-baton-smoothly-119110700037_1.html TVS boss Venu Srinivasan becomes first Indian industrialist to receive prestigious Deming award – //economictimes.indiatimes.com/articleshow/71939898.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Haldiram signs-up deal with Amazon for online sales of Indian snacks in US – https://www.financialexpress.com/industry/jeff-bezos-brings-haldiram-to-us-customers-now-buy-bhujia-in-america-thanks-to-amazon/1755825/ Raymond to demerge core lifestyle business and get it listed as a separate entity – //economictimes.indiatimes.com/articleshow/71959942.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst |
07 Nov 2019, 23:01
| FROM ISB PGP Admissions Director Blog: Family Business Updates: November 08, 2019 |
|
Family businesses: Most have no succession plan, finds ISB study – https://www.thehindubusinessline.com/economy/family-businesses-most-have-no-succession-plan-finds-isb-study/article29901960.ece Passing the baton… smoothly – https://www.business-standard.com/article/opinion/passing-the-baton-smoothly-119110700037_1.html TVS boss Venu Srinivasan becomes first Indian industrialist to receive prestigious Deming award – //economictimes.indiatimes.com/articleshow/71939898.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Haldiram signs-up deal with Amazon for online sales of Indian snacks in US – https://www.financialexpress.com/industry/jeff-bezos-brings-haldiram-to-us-customers-now-buy-bhujia-in-america-thanks-to-amazon/1755825/ Raymond to demerge core lifestyle business and get it listed as a separate entity – //economictimes.indiatimes.com/articleshow/71959942.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst |
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