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FROM ISB Admissions Blog: All clinicians need management education to become good doctors |
Coming from a lower middle-class family in India in the late 90s, I didn’t have much of an option but to pursue medical. Doctors were sought to be noblemen and were treated with respect. I was good at academics, so I became a first-generation medical student. Once graduated, I did my Masters in Surgery, and I worked at the Government Medical College, Mandya, and eventually became the Head of the Department – Surgery. I always wanted to help the needy with medical facilities, especially those who couldn’t afford it. By helping people around, I gained this sense of confidence and responsibility to do more, but the challenge was how? I’m a colorectal surgeon, so while practising medicine, I came across several cases of men and women, from villages, who suppress their bowel movements for more extended periods and in turn develop fissure, fistula, haemorrhoids, etc. Women do so because they don’t have toilets in their houses and wait for sunset or go before sunrise to defecate. Men who serve as labourers can’t afford to pause in their shift times in fear of losing money. While working at the hospital and running a parallel practice, I developed this philosophy that we should not turn people away for the lack of funds. This philosophy was then translated into the team I ran my parallel practice with, and we started practising it in whichever way possible. The practice was pretty unorganised and then arose the need to put some structure to this practice. I turned to management institutes but then turned it down simply because I wanted to learn how to run a hospital. The faculty at ISB resonated with my philosophy, and my dream to open my own practice began to materialise. I was always a parallel entrepreneur but coming to ISB’s Advanced Management Programme for Healthcare, completely transformed me as an entrepreneur. I left my job and became a full-time entrepreneur in 2017-18. By implementing the learnings from ISB at my practice, the revenues of my facility went up by 10x, and we are now four units across old Mysore and Bengaluru region. We are the fastest growing colorectal treatment facility in the country. Currently, about 36% of India’s population suffers from some colorectal problem. Moreover, 50% of people have experienced some colorectal issue in their life. Recently, I interacted with Rajiv Kumar, Vice Chairman of NITI Aayog, and we are now working towards making a national movement to create awareness about colorectal problems. I joined Equitable Healthcare Access (EHA) Consortium through ISB, which has served over 36,000 people since 2018. With this, I am creating awareness among people about the seriousness of colorectal problems, lifestyle diseases and whom to turn to in case of problems. I believe all clinicians should gain some management education to become good doctors. Patient experience, patient engagement, acquiring patient, clinical outcomes, etc. are all essential to becoming good doctors. It is extremely humbling to take away people’s pain and watch them smile. This #DoctorsDay, I advise doctors to rekindle the spirit of serving and healing people within the medical community. Know more about AMPH, here. – Dr Parameshwar Chaldiganahalli Colorectal Surgeon AMPH – Founding Class |
FROM ISB Admissions Blog: Clinical treatments need not rob you of yourself |
I was a kid when my grandma got a stroke and suffered from partial paralysis. Over a period of time, she gained movement, but she was never herself again. My cousin worked as an occupational therapist, and it made me aware of the concept and how it can impact lives. After my bachelors, I moved to the US for MS in Health and Rehabilitation Science, and that’s where I met Rujuta, my wife. While I worked as an Occupational Therapist in the US, I headed a 200-bed unit at Anchor Rehabilitation, a Maryland-based, family/therapist-owned business. I led a team of 12 clinicians and was responsible for designing and implementing physical and cognitive rehabilitation programmes. During this time, my dad developed a heart condition, and he needed help. After several discussions, we decided to move back to India and be closer to family. My dad is still recovering. Being here, I noticed that the profession of health rehabilitation in India had made great strides in since I joined the field, but unfortunately, this progress is limited to metros and patient populations such as paediatrics, sports and patients with cognitive and psychological deficits. There are exceptional Occupational therapists and Physiotherapists, doing great work around the country, but we as a country have a long way to go in terms of awareness and accessibility of treatment options that are available which can help individuals recover from debilitating physical and cognitive disabilities. Both Rujuta and I decided to do something to create a small wave of change. We started exploring our options; having our centre made the most sense. She decided to gain further clinical knowledge, and I decided to gain business sense. That’s when I applied for ISB’s PGP. Fortunately, I got selected. It’s not even three months into the programme, and I have already learned so much. There is so much that I was never taught in my previous education. I want to make an impact in the healthcare space in India. I have the clinical skills and experience, and what I need is the business skills necessary to scale up and sustain my plans in India. ISB’s PGP is allowing me to learn and develop those skills. ISB has a widespread cross-functional influence on the healthcare sector in India, and I wanted to leverage that. Also, ISB’s one-year programme perfectly suited my situation after having close to eight years of experience. This #DoctorsDay, I ask more students to pursue Occupational Therapy because every Indian deserves access to not only quality healthcare services but also the best quality rehabilitation services. Rehabilitation services go beyond just healing from impairment and help integrate the individual back into society in a productive way. Know more about PGP, here. – Dr Abhishek Desai PGP – Class of 2020 |
FROM ISB Admissions Blog: Saving Lives – From armed forces to the civil world |
I served the armed forces as a medical officer for ten years. I had to leave the armed forces because of certain health-related issues. Naturally, my next option was to work in the civil world. As I worked at Kare Partners in Chandigarh, I realised that there is so much in the world outside the armed forces, so I decided to explore my career options. I thought administrative roles will be a good transition for me, but I had limited experience with accounts, procurement, daily operations, etc. I was determined to learn how to do these things, so I applied for the Advanced Management Programme for Healthcare at ISB. The programme was everything I had thought of and more. I was involved in several project work in the programme, which helped me understand communication and group work. The peer group had doctors and administrators from various organisations, so I could learn much more from them. In the armed forces, I was to do nothing but follow my superior’s orders, but here I was encouraged to question things and that was something that I thought I would never do again. The collaboration was a huge part of the programme, and it became my favourite learning from the programme. I am currently an AGM – Clinical Operations at Neotia Getwel Healthcare Centre in Siliguri. Healthcare sector has seen a shift from being doctor-centric to patient-centric. This understanding has helped me to understand the dynamics of creating better patient care systems. I believe, doctors can make a huge difference in people’s lives. We cannot just heal wounds and make people illness-free, we can really listen to the patients and give them the space to speak their wants, which some are hesitant to share with their families too; providing them with comfort at the hospitals plays a huge role in running any hospital. This #DoctorsDay, I ask the doctors to remain patient-centric and listen to the needs of the patient while suggesting a treatment plan, and I wish good health to the community, at large. Know more about AMPH, here. – Dr Sanjib Sarkar AGM – Clinical Operations AMPH – Founding Class |
FROM ISB Admissions Blog: Healthcare is better with technology-enabled products and services |
Every industry has its black sheep, and the medical fraternity has its share of them too. But that doesn’t mean that the entire community is bad. I am a doctor, and I have seen my seniors fighting and working extremely hard for the welfare of their patients, even if it means that they have to go against some of their own colleagues. My father works for the government, and we have been around the country because of his transfers. The one thing that he has taught me with his experiences is that there is no greater service in life than to save lives. His teachings motivated me to become a doctor. After my MBBS, I worked at the various hospital. The last job I did was of a Medical Officer in Air India, New Delhi. Doctors treat their patients to the best of their abilities. The main essence of this profession has remained the same since its conception. However, for various reasons, the healthcare scenario in India has always seen overburdened doctors with excess patient load per doctor. Most government hospitals overflow with patients. Sadly, this scenario has just worsened over the years. It is easy to blame doctors for mismanagement, but hardly a few see their struggles. Witnessing all the hardships, I decided to make the system better for doctors. That’s the only way that’ll help them do their job better. For this, I needed professional education, and I looked at ISB. The Postgraduate Programme in Management (PGP) looked good as it was a one-year programme, and it was known to have a diverse peer group. Also, moving from a medical background into the management world, ISB’s active interest in digital healthcare sealed the deal for me. Digitalisation has entered every field, healthcare too. Companies like 1mg.com, practo.com, etc. have increased in number; however, their penetration is still limited. I realise the vast potential this industry carries in terms of growth with the help of digitalisation. Optimising procedures, gaining more accurate results, saving time, and in turn, more lives are all possible because of newer technologies and theories. Bringing these into the healthcare systems and in the day-to-day tasks of a hospital will make the system better. Being doctors, we all work very hard, but there is nothing more satisfying than seeing the result of our hard work and effort as everything happens in real-time in this field. This #DoctorsDay, I hope that the people of this country start relooking at their perspective towards the medical community and help doctors save more lives. And to my fellow doctors, adopt technology-enabled processes; they truly make you more efficient. – Dr Avi Singhal PGP Class of 2020 |
FROM ISB Admissions Blog: The process of learning is never ending |
I belong to a family of scholars. Even though I was good at academics, I was not someone who knew what she is going to do in her life. I happened to join a course in alternative medicine because a friend was doing so. The subject never enticed me, but it gave me a direction. I believed that I could be a good fit in managing hospitals. With that bit of clarity, I took a distance learning course in management and started working at Indus hospitals as a Team Lead – Quality Compliance. I continued working at Indus, and in due course, I was made the Head of Department – Preventive and Occupational Health at Indus Hospitals. I soon discovered that managing a team and managing a department required very different skillsets. I had acquired some of them, but those weren’t enough. I was to draft plans for bettering several procedures and procurement processes along with the daily management and operations. I believe that I am fortunate to have realised and acknowledged the fact that I need to learn to acquire newer skills sooner to become better at my job. I looked at several programmes, but none of them seemed as polished and refined as the Advanced Management Programme for Healthcare at ISB. The faculty at ISB understood my background and my aspirations. The programme had peers from various backgrounds but similar seniority levels. The class diversity helped me understand different facets of running a hospital and revealed perspectives that I wouldn’t have known otherwise. In my medical education, I was taught almost everything about healing the physical ailments of a patient, but never about patient experience, patient engagement, acquiring patient, etc. These skills are imperative for running any hospital today, simply because of rising competition. Digitalisation has taken over several processes and has saved human intervention for mundane jobs. It was only at ISB that I learned the importance of having these skills and the impact of having lesser waiting time at the hospitals’ receptions. Today, I am managing five hospitals in the Tricity area – three in Mohali, one in Fatehgarh, one in Derabassi – all while being a single mother. I take pride in saying that the waiting rooms of my hospitals have optimised wait time, and all the operations are run efficiently. This #DoctorsDay, I ask doctors to continue their learning process and do not limit it to clinical education. There is a lot that is needed to become a good doctor than just having clinical expertise. – Dr Vandana Sharma Director – Administrative Services at Indus Hospitals, Mohali AMPH Class of 2019 |
FROM ISB Admissions Blog: India needs more intensive care specialists |
Misfortunes do not discriminate, and road accidents can happen with all. Having a trauma centre close by can save many lives than you can fathom. However, the harsh reality is that hundreds of people don’t survive accidents, basically, due to the lack of necessary medical care. I lost my brother to a road accident. We have doctors for diabetes, cancer, tuberculosis, etc., but intensive care specialists are scanty. That’s when I moved towards becoming an intensive care specialist. While growing up, I wasn’t sure about pursuing science as I liked mathematics more. It was because of my biology teacher, who gave me the ultimate push, I picked science and then medical. Education and educators play a critical role in any students lives. After my MBBS, I chose Pulmonology as my speciality. In due course, I acquired a team of brilliant young minds; we majorly worked in the Tricity area. Here, our challenge was to make intensive care cost effective. More often than not, people who meet with accidents are from humble backgrounds, and they don’t have enough money to sustain intensive care for long. This had to change. I started working on reducing the cost and increasing the quality of intensive care with my team. We did a lot of studies and attended several conferences. In one such conference about Telemedicine in Pune, I met a gastroenterologist from Hyderabad, and she mentioned about ISB’s Advanced Management Programme for Healthcare (AMPH). Her experience and feedback got me curious, and after talking to a colleague who was also pursuing a management course in some institute, I decided to apply for the programme. ISB worked out best for me while working crazy hours because of its modular programme structure. AMPH helped me understand the economic bit of medicine that I wasn’t aware of before. It helped me optimise several procedures at our hospital, reducing the cost of procedures. The faculty at ISB was exceptional, and the professionalism they depicted was great. The learnings from the programme and my classmates were very practical and have helped me take steps actively towards making critical care better. Today, I am working with my team to set up trauma centres at locations far from hospitals and that are accident prone. We will thrive harder and get intensive care to more people. This #DoctorsDay, I encourage the youth to choose intensive care as their speciality because India needs more intensive care specialists. – Dr Deepak Bhasin AMPH Class of 2019 Associate Director – Medical Intensive Care, Pulmonology and Sleep Medicine at Max Hospital, Mohali, Punjab |
FROM ISB Admissions Blog: Updates on Family Business |
BK Birla, a visionary leader who built businesses and institutions, passes away at 98 – https://www.livemint.com/news/india/bk- ... 78566.html Max India to transfer stake in Pharmax to group firm- //economictimes.indiatimes.com/articleshow/69976745.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Business restructuring at Wockhardt: to hive-off its domestic formulations business- //economictimes.indiatimes.com/articleshow/70065629.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Merck Foundation Launches a Story to Teach Children and Youth Family Values of Love and Respect – https://www.businesstoday.in/pti-feed/merck-foundation-in-partnership-with-the-first-lady-of-ghana-launches-a-story-to-teach-children-and-youth-family-values-of-love-and-respect—kofi%92s-story/story/361313.html The British Banking Dynasty That’s Even Older Than the Rothschilds – https://www.bloomberg.com/news/features/2019-07-03/the-british-banking-dynasty-that-s-even-older-than-the-rothschilds |
FROM ISB Admissions Blog: Updates on Family Business |
London Business School gets a 15 million pound endowed scholarship gift from KM Birla to honour BK Birla’s legacy https://economictimes.indiatimes.com/ne ... 177558.cms OPPORTUNITY KNOCKS: ENTREPRENEUR ANIRUDH DAMANI ON STARTING UP https://www.campdenfb.com/article/opport ... i-starting K Raheja Corp set to acquire Citibank’s former HQ in Mumbai https://economictimes.indiatimes.com/in ... 065658.cms Japan’s Four Oldest Family Businesses https://www.tharawat-magazine.com/facts ... #gs.ougcbq Why family businesses are more likely to back women leaders https://www.smartcompany.com.au/people- ... ack-women/ |
FROM ISB Admissions Blog: Updates on Family Business |
Billionaire Premji Helps Create India’s Newest Tech Unicorn https://www.bloomberg.com/news/articles ... gy-unicorn Hiranandani forays into data centre parks https://www.deccanchronicle.com/busines ... parks.html Family Running India’s Biggest Hospital Chain Seeks Investors https://www.bloomberg.com/news/articles ... o-cut-debt Sachin Bansal buys Rs 200 Cr debt paper issued by Piramal Group https://entrackr.com/2019/07/sachin-ban ... t-piramal/ PSP Investments ties up with ADIA & NIIF to invest in GVK Airport Holdings Ltd //economictimes.indiatimes.com/articleshow/70221211.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst |
FROM ISB Admissions Blog: Updates on Family Business |
Amit Burman is Chairman as next generation takes over at Dabur https://economictimes.indiatimes.com/in ... 294174.cms The family will remain in control of Apollo Hospitals: Sunita Reddy https://www.business-standard.com/artic ... 811_1.html New CEO of Bisleri International tasked to take business to next level https://economictimes.indiatimes.com/in ... 314943.cms Zydus Cadila launches insomnia drug in US market https://economictimes.indiatimes.com/in ... 358246.cms Tata Power to install 500 EV charging stations across 5 cities in next one year https://www.thehindubusinessline.com/co ... 701177.ece |
FROM ISB Admissions Blog: It’s ok to feel lost and not know everything |
Let’s admit it. School search and admissions process is a daunting task. The application process is cumbersome, complicated and detailed. Every website has a new perspective, new information, dos and donts. It is easy to feel lost and not know what to do. So, the question is … how do you effectively manage the application and admissions process? It’s simple: follow the right source. Always lookout for the info-sessions by the School you are interested in or the ones in which a representative from your School of interest is participating, like a career fair. Info sessions are a great way to bridge the gap between expectations and reality. Hearing from the authorised school representatives helps to clear out thoughts and streamline the application process by taking out uncertainty and fear of unknowns. I got an invite for an online info-session by the Admissions team at ISB, and the invite appeared interesting and hence I registered for it. It was an hour-long session with detailed questions and answers. In the session, the School’s representative spoke in detail about the constituents of the application process such as academics, GMAT, work experience, co-curricular and recommendation. He explained clearly the weightage of all these elements and how do they contribute to the overall application. If you are planning to bluff on some of these elements, you should know that the admissions committee is an expert at catching bluffs! He further explained about interview shortlisting and final decision. These decisions are not random and follow a structured approach. Your entire application plays a role in these shortlists. The info sessions were extremely valuable in giving me a clear picture of what to expect and how to efficiently work on my application. To gain further understanding, I reached out to ISB’s admissions team via a phone call and got clarity on a few specific doubts that I had regarding the process, which wasn’t available on the School’s website. Cool tip: Never ask questions such as what is the average GMAT, how many essays do you require, is the recommendation mandatory etc. Such information is always available on the School’s website. Understanding the process followed by any Business School is of utmost importance as the admission committee is better off reading an application that follows a standard structure than one that doesn’t. I noted down some crucial parts that helped me to organise my application. Insights on essays were tremendously helpful as they helped me to remove unwanted clutter from the essays. The application process was smooth. It’s a robust and time-tested process that does not fail. If you do happen to get stuck somewhere, the team is quick to respond and resolve your concern. Fortunately, like my application process, my selection was done smoothly too. I began in the Class of 2020 on April 5, but my journey at ISB started from the info session I attended. Once at ISB, things didn’t move fast here; they moved at the speed of light! I am just two months old here and 1.5 terms have already passed. The journey is demanding, testing and, of course, fulfilling. The essence of this fast-paced programme is not to intimidate you. Rather, it’s to inculcate a habit of prioritising. Since you cannot do everything in practically at once, you learn how to prioritise, how to plan and how to work in a team. You have a plethora of activities, clubs, groups and everything that you can think of to take a break, relax and rejuvenate yourself. All you need to do is balance all your options in a way that maximises your output and takes you closer to your goal! (Oops! that was a typical MBA jargon … but can’t help … it’s crucial learning too!) To conclude, I’ll say that follow the School’s word for the admissions process. It will remove unnecessary stress and rework from your application process. All the best for your application process! – Shashank Sharma, PGP Class of 2020 |
FROM ISB Admissions Blog: Why Studying Public Policy Matters – A Uniform(ed) Perspective! |
It is a no-brainer that policy impacts our lives in countless ways. However, not many of us are willing to go that extra mile – efforts to understand the broader imperatives of policies and the impact they have on our day-to-day as well as future lives. Well, I admittedly never gave ‘policy’ a deserving examination, at least till the time I started getting impacted by it. Having spent all my life in the shelters of the military, I must be honest, that my exposure to the ‘Public’ aspects of Policy has been moderately limited. The secure environment of town cantonments, administered by a robust military-like culture, provides a somewhat ideal framework of public life. With all basic needs well catered for, the environment for individual and community growth is quite conducive. But, things changed for me when I moved to Delhi a few years back. The constant ‘quest for resources’ was evident all over the city. Be it access to affordable housing, water, public transport, schools and anything that drives our everyday lives; one had to be on the top of his or her game to ace it. Digging into the possible causes of such everyday challenges, I stumbled upon the world of Public Policy. The subject intrigued me like no other. Never had I paid such close attention to how policies impacting millions of us are made, implemented and evaluated. With the bells of Public Policy ringing in my mind, I was fortunate to have been afforded the opportunity of joining the 4th Batch of the Advanced Management Programme in Public Policy (AMPPP) at the Bharti Institute of Public Policy at ISB’s Mohali campus. The programme has broadened my understanding of the multi-layered complexities associated with policymaking. It’s well-rounded and comprehensive curriculum allows one to develop a solid foundation in the otherwise ‘shaky’ world of policymaking. My perspectives on Public Policy have undergone a complete transformation during the brief engagement with ISB. I see the world of policymaking from a much-informed outlook; better equipped to analyse and forecast their impacts against the metrics of anticipated and unanticipated outcomes. As I see it, an academic study of Public Policy and its supporting pillars offers several advantages to those wishing to positively impact society, irrespective of their professional affiliations. The cardinal take-aways of this field have universal application, across organizations, making it a common-thread which binds professionals across the spectrum of the public and private sectors. While the benefits of studying Public Policy are well known and sufficiently documented, I would like to share my views on the benefits it offers to those planning to take the plunge. Firstly, the inter-disciplinary approach of Public Policy allows its students to broaden their skillsets, preparing them to make evidence-based and outcome-oriented policy recommendations. The necessity to base arguments on well-researched evidence and align it with the desired outcomes gets adequately addressed by its holistic curriculum. Secondly, a nuanced understanding of policymaking and its analysis is bound to improve one’s problem-solving skills. In today’s VUCA scenarios, such skills are a ‘must-have’ trait for those involved in decision-making and strategy formulation. Importantly, understanding the enmeshed underlays which fundamentally drive policymaking would enable prediction of future events with a reasonable degree of accuracy. Thirdly, Public Policy combines the areas of policymaking and quantitative analysis in a way that allows students to understand the organic connections between economics and governmental affairs better. This sound understanding of the macroeconomic drivers shaping the global future would aid professionals in crafting their domain-specific strategies. Lastly, as a military professional, I see merit in studying Public Policy from a ‘strategic’ perspective. To me, it has the potential to enhance the anticipatory skills of professionals which, is a much-desired trait for operational planners and practitioners. The cognitive ability to assimilate data, analyze its outcome based on supporting-evidence and forecast future challenges, make this field a highly thought-provoking and intuitive discipline for those in uniform. With the changing landscape of the world-order and the role which India aims to play in it, a sound understanding of public policy and its associated nuances would lay the foundation for sustained growth and development, across the public and private sectors. Institutional investment in developing a greater understanding of this discipline is the need of the hour for organizations wishing to be a part of the policymaking or even policy-shaping mechanism. Puneet Balasubramanian – AMPPP Batch 2019-20 |
FROM ISB Admissions Blog: Updates on Family Business |
Apollo Hospitals and Microsoft tie-up to combat Cardiovascular diseases https://www.livemint.com/companies/news ... 74136.html Future Fashions $250 million deal with Blackstone Read more at: //economictimes.indiatimes.com/articleshow/70388218.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Wipro to buyback shares up to Rs 10,500 crore https://www.business-standard.com/artic ... 286_1.html Qatar- $1trn worth family business assets to change hands in 10 years https://menafn.com/1098803874/Qatar-1trn-worth-family-business-assets-to-change-hands-in-10-years RIL may announce Jio’s home broadband launch timeline at Aug 12 AGM //economictimes.indiatimes.com/articleshow/70448283.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst |
FROM ISB Admissions Blog: Updates on Family Business |
The origin, evolution and growth of family businesses in India – https://www.hindustantimes.com/analysis ... FcqkN.html How families can attract millennials into their succession planning – https://www.campdenfb.com/article/how-families-can-attract-millennials-their-succession-planning Reddys seek funds: ADIA, Mitsui, Itochu eye stake in Apollo Holdco – //economictimes.indiatimes.com/articleshow/70475153.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst A steely resolve: India’s Radha Smelters Values in Succession – https://www.campdenfb.com/article/steely-resolve-indias-radha-smelters-values-succession |
FROM ISB Admissions Blog: Aniruddha Basu shares his experience from ISB MESCA |
After completing my masters in mass communications from New Delhi, I initially tried my hand at working in TV channels. I did several gigs for a year and a half and then landed a job at Thomson Reuters. I worked there in various positions for several years. Through those years, I thought of pursuing management education, but I couldn’t because of various circumstances. I continued working and climbed the corporate ladder to become the Head of PR and Corporate Communications at L&T Technology Services (LTTS). The team at LTTS comprises of a vibrant bunch of youngsters – MBA graduates and otherwise. Among them, what I have observed is that the ones with an MBA have a somewhat more polished approach towards problem-solving and have a deep understanding of processes. This was especially evident in their interactions with customers and other stakeholders. This rekindled my desire to pursue a formal business education. Not more than a few days later, I received an email from the HR at LTTS. Two things in the email were enough for me to get in the action mode: executive programme and ISB. I enrolled in the programme and got on board. I was not going to miss my chance of doing a management programme. So, I started the four-day Marketing Excellence for Strategic Competitive Advantage (MESCA) programme in October 2018. The programme was structured with utter simplicity, and the delivery of the programme was relatively simple too. Professors Rajendra Srivastava and Nirmal Gupta were very effective in explaining the complicated concepts of marketing management. We had a comprehensive mix of senior people, representing a wide range of industries, cultures and disciplines. I made friends at the programme who were all from backgrounds different than mine. This led to a lot of sharing of knowledge and perspectives, which I found really enriching. Their stories and experiences offered me a distinct approach to work. Now, when I talk to people, I question things a lot more. I can understand the different assumptions people are making. In my conversations, I’m more conscious, more engaged and aware of varied angles. MESCA gave me instruments and tools to understand and look at situations clearly that allows me to see the bigger picture. The programme was really a great experience for me and exceeded my expectations. It fundamentally helped me identify and address aspects of my personality and strengths that I would never have otherwise seen a reason to adjust. I am thankful for this opportunity because it is to this that I have been able to attain formal management education – something that I always thought about but never exercised on. -Aniruddha Basu, GroupManager, PR & Corporate Communications and Content Marketing L&T Technology Services Ltd |
FROM ISB Admissions Blog: Updates on Family Businesses |
Gautam Singhania’s strategy to maintain Raymond’s growth trajectory – //economictimes.indiatimes.com/articleshow/70717620.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mukesh Ambani grooms the heirs to his $50 billion fortune – https://www.livemint.com/companies/people/mukesh-ambani-grooms-the-heirs-to-his-50-billion-fortune-1565947014594.html Family businesses are the lifeblood of the Middle East. How do we ensure they survive? – https://www.weforum.org/agenda/2019/08/family-businesses-lifeblood-of-the-middle-east/ A Guide to Investing From the Richest Family on the Planet – https://www.bloomberg.com/news/features/2019-08-16/how-the-world-s-wealthiest-family-invests-its-fortune |
FROM ISB Admissions Blog: Talk on Sports Infrastructure in India |
The SREI Infrastructure Club, in collaboration with the Sports Club and Net Impact Club, facilitated a speaker session with Mr. Satinder Bajwa. Mentor to eight-time world number one squash player and Director of Harvard University’s squash programme, Mr. Bajwa has now moved back to India to foster an academic and sports-based education model for the underserved, that he runs via his organization – Khelshala. The session started off with topics such as the importance of sports in daily lives. Mr. Bajwa gave brilliant references from his time at Harvard and while coaching the world’s bests and how he used those experiences to leverage his entrepreneurial journey with Khelshala. He went on to discuss the setting up of Khelshala and the obstacles that he faced. Currently, Khelshala helps its students with a very diverse daily routine that includes academics, squash, tennis, yoga, music, and art of living courses. He was accompanied by 3 other young squash players, an Indian and two American, who have trained under him and have found a spot an in national rankings. He also gave the ISB students an insight on how sports and business have a strong link in terms of how to manage various crisis situations. One interesting point Mr. Bajwa made was how teaching children who had never picked a racquet before was way more complicated more difficult than mentoring world champions. The attendees planned various synergy activities between ISB and Khelshala, which can be implemented during the remaining year and beyond. A pro bono consultancy project has already been rolled out. The strongest takeaway was that it is not necessary to be competitive or result-oriented every time one enters any situation. After all, one does not play to necessarily earn a living or trophies out of it but to make his/her more productive and meaningful. |
FROM ISB Admissions Blog: Updates on Family Business |
Society and Business – https://myimpact.in/impact/clip_new.php?id=2f06031b6ed316830f51e7f35f5e1588&id2=9c058240ef2752e73d433eb4e246e2d6 Democracy or monarchy – which will family businesses choose? – https://www.hindustantimes.com/analysis ... 3koEK.html Greene King to be sold to Hong Kong’s richest family for £2.7bn – https://www.theguardian.com/business/20 ... est-family Henkel to partner with ALPLA, Inc for $130 million expansion to Bowling Green production facility- https://www.wbko.com/content/news/Henke ... 31361.html Why Families should bring Business Practice into their Philanthropic Ventures – https://www.campdenfb.com/article/why-fa ... c-ventures |
FROM ISB Admissions Blog: How I dealt with a rejection from ISB? |
I had been refreshing my inbox and logging in to the admissions portal every 5 minutes for 2 entire days when I finally accepted the reality. I had not been shortlisted for an interview for the PGP Program at the ISB. While applying I had heard a lot of encouraging words from my friends and acquaintances who had been part of the Indian School of Business at some point. All of them had assured me that my profile with 5 years of experience was in the infamous “sweet spot” of ISB applicant pool. I had drawn confidence from the words of an alum who had reviewed my essays and remarked that I had achievements that projected outstanding leadership qualities. My brother, who is an ISB alumnus himself, had assured me that my GMAT score of 710 was more than enough. I had my application essays reviewed by 6 different people including ISB alumni from diverse backgrounds and even a friend who worked as an editor in a publishing house. Yet there I was, rejected by a B-school that admits nearly 900 candidates every year and interviews many more. I spent the next 10 months distancing myself from anything to do with MBA. I tried to convince myself that my Engineering knowledge and invaluable experience in the Oil and Gas industry were enough for a successful career. Grapes are sour. Who needs a MBA to be a leader? I really don’t want to be lost in a crowd that is increasing by 900 every year. These were the consolations that I kept harping on for almost a year. Whether they were true or not is immaterial. These were simply justifications I kept giving myself for my failure. These were facts that were not unknown to me before I had applied to ISB. A turning point was a discussion I had with my HR manager. I had met her to get a “No Objection Certificate” to enroll in a part-time MBA program with a top tier IIM. She looked surprised that I was opting to spend 15 lakh rupees to do a part-time MBA. She said that at this stage of my career, if I had to study MBA, I should do it full time. She stressed how the peer-group and the entire on-campus experience was such an integral part of the takeaways from MBA and how a part-time MBA would never make up for it. She added that MBA was a big investment and I should not commit to it if I am not ready to go all in. I didn’t look back from that day onwards. I cast all my biases and ego aside and analyzed the reasons for my rejection. I did not rush things and apply the very next year. I invested in myself and improved my candidature to re-apply 2 years later. Today, with over 7 years of work-ex, I have been admitted to the ISB PGP class of 2020. 4 months in and I am still super-excited to be living one of the most hectic and enriching years of my life! My tips for anyone dealing with rejection from a B school:
-Nilayan Dey | ISB PGP Co’20 |
FROM ISB Admissions Blog: Updates on Family Business |
Asia’s 20 Richest Families Control $450 Billion https://www.bloomberg.com/features/rich ... s-in-asia/ Haldiram Prabhuji acquires The Coffee Bean, Gelato https://www.vccircle.com/haldiram-prabh ... wo-brands/ Amazon, Future group deal to intensify competition in India’s retail Industry https://www.livemint.com/companies/news ... 17989.html How Saif Al Ghurair transformed Dubai’s economic landscape https://www.gulftoday.ae/news/2019/08/2 ... -landscape |
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Hi Generic [Bot],
Here are updates for you:
ANNOUNCEMENTS
Watch earlier episodes of DI series below EP1: 6 Hardest Two-Part Analysis Questions EP2: 5 Hardest Graphical Interpretation Questions
Tuck at Dartmouth
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