Leading business process outsourcing (BPO) firm Genpact has roped in professors from the Indian Institute of Management (IIM) Lucknow to give its employees lessons in management skills and improving productivity.

Through electronically enabled interactive sessions, workers at Genpact’s operation hubs in Delhi, Gurgaon, Hyderabad, Kolkata and Jaipur will learn the finer nuances of management, soft skills and strategic planning from senior professors of the business school.

This is an e-certificate programme in general management (e-CPGM) and there are 119 participants, most of whom have worked for one to three years.

“The objective of this programme is to develop managerial capabilities among people who are at the early stages of their career to enable them to effectively undertake managerial responsibilities,” said Ajay Singh, course director of IIM Lucknow.

The programme is divided into 12 modules. Keeping in mind the requirements of the industry, the modules are designed to create managerial and leadership competence among the professionals. There are 120 hours of e-enabled interactive sessions.

Singh said the programme was being run from IIM Lucknow’s Noida campus, which was being developed as a centre of excellence in the area of executive education.

The India headquartered Genpact operates service delivery centres in India, China, Hungary, Mexico, the Philippines, the Netherlands, Romania, Spain and the US.

A unique opportunity for higher education aiming to prepare future leaders of the community is coming to Pickaway County this fall.

Berger Hospital is teaming up with Ohio University in Athens to offer OU’s professional Master of Business Administration in Circleville.

“We’re constantly meeting to talk about what we might do to expand educational opportunities for the community,” Berger President Tim Colburn said. “Why an MBA program? Because health care is a business, and we need to make sure we’re building and developing future leaders.”

Berger already has a partnership with OU at its Chillicothe branch to train nurses in Circleville, and Colburn said the success of that program gave Berger an inroad for more educational offerings locally.

The program, which takes about 22 months to complete, consists of one evening a week of classroom activities held via video conference with instructors in Athens and a weekend course once every six weeks on the Athens campus.

OU has been offering the professional MBA through outreach programs for the last five years, according to Dr. Ed Yost, OU’s director of executive graduate education and development, and he said it’s been very successful preparing students for the business world.

“This program is aimed at working professionals to complete an MBA in a non-full time environment,” Yost said. “It’s designed for people that who maybe don’t have a business degree to give people a background to turn into a managerial career step.”

Yost said the course is delivered with more group projects rather than class work, and that was part of the appeal for Berger, according to Suzanne Welker, Berger’s human resources director.

“We’re excited about the synergy the group will have and think the teamwork will benefit the hospital and community,” Welker said. “Business management develops over time and we want to maximize skill development.”

Students in the program will learn about analytical decision making, which focuses on making good business decisions and professional development, including managing people and resources, teamwork and leadership, according to Yost.

He said the course also gives professionals the opportunity to meet people in other businesses and build on local networks.

More : circlevilleherald.1upmonitor.com

NOW that the IIMs have more or less ruled out a legal recourse against the HRD Ministry’s directive to impose a fee cut in their PGP (Post-Graduate Programmes) courses, the country’s premier business schools are busy considering various options to make up for this revenue loss.

“One of the options before us is to increase the number of Management Development Programmes (MDPs),” said Prof Prakash G. Apte, Director, Indian Institute of Management, Bangalore.

In an exclusive interview with Business Line today, he said that the board of governors would meet in the next four days. “IIM-Bangalore will work out its finances then. We have not yet received the break-up for the planned and non-planned grants.”

But would increasing the number of management development programmes not impose a huge load on the already over-burdened professors who are handling various PG courses, executive education programmes and consultancy assignments?

(IIM-Bangalore, for instance, has about 70 professors for 700 students (400 in the PGP, 300 in the PGP in Software Management and 40 PhD students) and this year, the institute has conducted about 45 MDPs.)

Prof Apte said that they might even consider reducing the number of offerings for the students so that more staff time is available for corporate training programmes.

On whether the institute would recruit more teachers, he said: “Yes, that would be one option,” but expressed doubt about finding the right kind of talent in the industry.

But this too would require Government permission. And what about additional funds for the salaries? With the cut in allocation in this year’s Interim Budget - from Rs 79.73 crore last year to Rs 45 crore in 2004-05 - the IIMs would have to tread this path carefully.

Meanwhile, the Government is also insisting that the IIMs increase intake of students.

This might be one way of boosting their revenues, but Prof Apte said: “We can take about 40 more students, provided we have the right infrastructure like hostel rooms, mess, etc.”

State governments still harbouring a legacy of the control and licence raj will have some tough questions to answer now.

The Competition Commission of India (CCI) is set to scrutinise the liquor and passenger transport polices of state governments to see if there are any practices that blunt free market competition.

Sources told ET, the commission is also looking at sectors such as pharmaceuticals, telecom, transport in western India, retail food and food grains for anti-competition practices.

Vijay Kelkar, advisor to former FM Jaswant Singh, has been appointed to oversee this analyses outsourced to professional institutes like the Delhi School of Economics and the Indian Institute of Management, Bangalore.

The commission, empowered to penalise a corporate or government body for anti-competition practices, will, however, restrict its action to ‘competition advocacy’ till it gets fully operational. At present, the commission is not adjudicating any matter as the issue of appointing a chairman is entangled in litigation at the Supreme Court.

“Many state governments exercise strict controls on liquor and passenger transport business through permits, while controls remain minimum for setting up bigger industries. We are going to look into such practices adversely impacting competition,” said sources.

The challenge now facing the commission is to get fully operational. The appointment of a chairman has been embroiled in a tussle between the executive and the judiciary.

While the government believes adjudication in cases involving complex economic analyses requires an economics expert, the judiciary feels arbitration in such matters is its domain.

The commission in the meanwhile is doing preparatory work. Sources said CCI is also contemplating to establish a ‘Centre for Competition Law and Policy’.

It has set up taskforces in areas like competition advocacy, predatory pricing and determination of costs and research projects.

NIILM Centre for Management Studies, Delhi, the 11 winners in the National Student Games management held on Tuesday.

ICFAI Business School, Mumbai and the Institute of Management Technology, ghaziabad, the first and second runner. On the PSG Institute of Management, nine teams from different regions of the country, competed among themselves for the final Tuesday. The groups were withdrawn from the semi-finals on Monday.

For finalists, play is serious business. With view on the screen of the laptop, they discussed strategies and action plans developed for business nervenaufreibende problems.

Produced by the All India Management Association (AIMA), the games are very popular among students in management, particularly from the southern region. “We have the most number of participants from the southern region - 169 of 263 participants from countries of the South,” said Vikas Gupta, Deputy Director, AIMA. The game, everything revolves around replicate real work situations.

Each group has been Chief Executive Officer, Chief Operating Officer, Chief Marketing Officer and Chief Financial Officer.

Each group receives a company and asked to manage. You must make business decisions with consideration of an economy and fluctuations in market conditions. “Simulation game test the real potential of students. You will have the opportunity of their theoretical knowledge,” says SCTyagi, vice-director of AIMA.

The game is not only for students of management. MCM and engineers can participate. For Suvidh Arora Tripti Agarwal and the Institute of Technology Management, ghaziabad, the game is even more demanding. Two of his teammates could not do, and they are moving toward the battle. “This game is all about handling situations. We are dealing here with a problem, and we are confident of handling,” said Suvidh.

“Each phase of the game is a challenge,” said Vishal Agrawal of ICFAI Business School, Mumbai. Vishal and his friend Abhay Jain participate in this game for the second consecutive year. Sumeet Tiwari and Hitesh Bhagchandani same part of the Institute for the first time. According to them the game is a great learning experience.

Several times a week for two years, Abraham Zaleznik, a professor at Harvard Business School and practitioners psychoanalysts, was created by the president of a large American group to his supervisor a plush offices of Boston’s skyscrapers. In order to write a biography of the committee, Mr. Zaleznik settle a slight lead chair and begins his tape recorder, and the businessman would talk about his ambitions and emotions, projects, it took declaration of love and its plans.

Hundreds of hours of interviews, history was born a company president, was able to feel like the seduction of power, was forced to make decisions that stirred his sense of fairness. Mr. Zaleznik its theme and spoke about the businessman’s regrets and lessons to learn from its experiences.

But the executive decided at the end of completing the book. ”I think there were some ambivalence about him, because he knew he was not able to be on a podium,’’said Zaleznik. Unfortunately,”I do not think he understands the importance of his life.”

The psycho-biographies aside for typical problems related to the review of the personalities of leaders: They are not always willing to discuss or allow the study, as they think. But Mr. Zaleznik persists, try inside the heads of corporate head interviews, observation and psychoanalysis at work.

In order to study on the psychology of the entrepreneur, Harvard University, last month appointed the 59 years of solitary Konosuke Matsushita Professor of Leadership.

The chair is equipped with a donation of $ 1 million by Matsushita Electric Industrial Company of Japan, for the first time a foreign company has stiftete a professorship at Harvard’s Graduate School of Business Administration. The grant is the result of negotiations in 1981 by M. Zaleznik and a colleague who went to Japan for funding is requested.

”In the past 25 years, emphasis on Business Schools was to improve the technical skills of students so that they can better financial analysts, statisticians better, better enforcement of economists’ ’said Zaleznik, in an interview at his Lexington home, Out of Boston. ”We have lost what I believe is an important idea that the execution of an organization with a human dimension. I see this chair as a determined effort to really detail in the centre of an organization.”

Other teachers not to ignore the factors of personality, but a lot of stress management courses organization charts, with lines of the Authority, productivity and rewards. These can be learned, thought, but it is difficult to negotiate someone for a certain type of person.

Professor Zaleznik says, however, that the company’s success is more by the personality of their leaders by how they are organized. The person in charge, he said,”is the instrument by loyalty and morality is created and people are motivated.”Personal relations between the leadership and downstream are more important, he added, that those reports to a staff member. And he said, students can indeed learn how personal relationships.

Professor Zaleznik has isolated the approach of the Harvard Business School, and collected a few eyebrows as if the date was announced. Le”doyen knew very well that this would be a controversial appointment,’’said a person familiar with the decision requested not mentioned.

Hugh Mullin is the bet that in three of the largest this year, the acquisitions is to contribute to its Putnam funds for growth and income outperformance of the Standard & Poor’s 500 Index for a sixth year right.

Procter & Gamble, Bank of America and Johnson & Johnson 7.6 percent of $ 17 billion Putnam fund’s biggest.

Mullin this year on its three plants the company, the purchase of Gillette, MBNA and Guidant, respectively.

“The resumption of mergers and acquisitions shows a little more confidence on the part of Chief Executive and it’s good for the market,” Mullin said in an interview from his office in Boston.

Putnam’s growth and profits funds was 2.3 per cent this year, Stand August 31, more than 1.9 percent before the S & P 500, including reinvested dividends. Mullin’s Fund rose at an annual rate of 2.9 percent from 1999 to 2004, compared to 2.3 per cent decline in the S & P-500.

Over the past five years, funds up to 50 competitors in the seventh Fund invests in a combination of U.S. companies above average dividends and above the average growth, according to data from Bloomberg. The Scudder Large Cap Value Fund, managed by Thomas Sassi, the top performer, rising at an average rate of 7.5 per cent.

Mullin, stocks, is about 3 ½ years, on average, try not deliberately companies operating in acquisitions. It tends to invest in companies whose shares provide low prices compared to turnover or profits projected.

P & G’s purchase of Boston-based Gillette, valued at $ 57.1 billion this year, office on the list of business acquisitions. American companies have announced, it is worth $ 687 billion, which is most strongly affected by year for acquisitions since 2000, Bloomberg data.

“These two companies really a powerhouse on a global scale, and they complement each other very well,” said Mullin, whose funds are 5.46 million shares of P & G on June 30.

Robert Bruner, author of “Deals From Hell: M & A lessons Rise Above the Ashes,” two aspects of the transaction increases concern. Payment of the reserve and the fact that the transaction comes at a time of renewed acquisitions increase the likelihood that P & G too much for Gillette, said Bruner, Dean of the University of Virginia’s Darden Graduate School of Business Administration.

“The mass of research suggests, mergers and acquisitions afford, but this is not pumping money,” said Bruner. “It is not guaranteed through the creation of value.”

Bank nation’s $ 42 billion purchase of Bank America in 1998, the train, what is now Bank of America, was a waste of money Deal for investors.

Enjoy yourself fallen in three of first four quarters after the agreement was concluded, since the company wrote off bad loans. The action has fallen by 25 per cent for three years until 2000, the S & P 500 has gained 36 percent.

If the IBM-Board meets Tuesday, the key decision will face as deeply to cut this period. And the result would be to say much about how fast and powerful, as the company’s new chief executive, Louis V. Gerstner Jr., wants its mark on the troubled computer giant, he joined in April.

Most of Wall Street and industry analysts expect that the sources of board to take a cargo of large profits for the second quarter against the closure of factories and equipment balances, since the company streamline its activities. The fee for the cutting of production capacity - which could be enriched by $ 1 billion to over U.S. $ 4 billion, said one analyst - would, in addition to $ 2 billion of depreciation announced earlier this month as provided for greater reduction of staff. The operating loss expected

The International Business Machines Corporation is also expected to announce its second quarter results after the committee meeting. In addition to a special levy for the reductions, analysts predict that the report is an IBM operating loss in the area of $ 140 million to $ 180 million.

Most analysts believe that the board decides Tuesday on the slice of IBM dividend for the second time this year, given that the company cash to recover the fighting. The quarterly distribution is 54 cents and analysts predict that this is more than half, or 25 cents.

The computer industry are also noted, if the name of IBM or compensation for its two onboard. Three out of directors recently decided to bottom, and Tuesday of the meeting are also the last of Jack D. Kuehler, a vice-president of IBM, retired. A clean, bold stroke

If you are a second quarter enormous fees is that it works to the advantage of Mr. Gerstner - and IBM - for financial housecleaning necessary for a stroke and bold move with the reconstruction process. That must stop IBM, analysts say, is its recent history, the costs quarter after quarter, year after year, react to market changes, rather than control.

“Death by a thousand cuts is exactly what IBM has done for years,” said David Yoffie, a professor at the Harvard Graduate School of Business Administration. “Gerstner has helped to reduce as much as possible, as quickly as possible, that behind him.

Mr. Gerstner, provides Dan Mandresh, an analyst for Merrill Lynch & Company, is in favour of a “clear the decks” approach.

November 1 (PTI Economic Service): NIIT, the name is synonymous with information technology services and solutions providers so far, has recently diversified in the training of managers and professionals Banking. To that end, the company has three new schools - - NIIT Imperia for the training of management personnel; NIIT Litmus qualified personnel for human resources companies and hunger IFBI ITES (Institute of Finance, banks and insurance), to meet the exponential growth of financial services sector in India and overseas markets. NIIT has already announced an investment of about Rs 27 crore in the next three years for all new businesses. Under the IFBI and Imperia, it is first six centres, which would be increased from 15 at the end of next year and 75 in 2009.

In the first phase of strengthening Litmus, NIIT, four specialised centres in Delhi, Mumbai, Chennai and Bangalore. In the next three years, Litmus centres in about 150 cities. With NIIT Imperia, a person does not need a break from the bid management graduate of the Indian Institute of Management (IIMS). Three IIMS - Ahmedabad, Calcutta, Indore and the executive are now its development programmes at the disposal of six distance-learning Center in the country on the technology available to NIIT. NIIT has recently announced a public-private partnership with three IIMS to start Imperia, the management of labour market training frameworks for synchronous learning with technology. The content, teaching and certification and knowledge of the area is one of IIMS, while technology, synchronization classrooms across the country and managing the education system are distributed by NIIT. “Currently we have six advanced learning centers in six cities (the four metros and Bangalore and Hyderabad) for an investment of 5 crore business in the next three to five years, we hope to reach 75 cities of RS 20 crore investment, ”NIIT Chairman Rajendra S Pawar said.

First, two programs each participant IIMS would be proposed. It includes three general management programmes for professionals with a minimum of three years experience, six or 10 years, Indore IIM, Ahmedabad and Calcutta, respectively. A strategic programme of Business Communication of IIM Ahmedabad, a course on finance Applied IIM Calcutta and a programme of sales and marketing management of IIM Indore are available. The programs are pricing in the field of R-54000-R 2.00000. The content, teaching and certification programs under the Imperia is one of IIMS and technology synchronous classrooms across the country and management of education system would be distributed by NIIT, he added . — Learning synchronous technology allows remote access to classrooms to live with the Faculty teaching establishments. The classes will be run after working hours and weekends, allowing students to continue their work and education simultaneously. Under the system of the Faculty, an internal studio is located inside the campus of the IIMS and students, through meetings, interactive two-way video and audio and other software to replicate face-to - face teaching. The diversification of hunting activities in the head of the company, NIIT has also recently a new institute, NIIT The court, which would have qualified personnel human resources ITES hunger.

The Ministry of clothing and textile College of Medicine’s home page, Pau, hopes to present at the foot of the ramp in the fashion world. This possibility was, after signing a memorandum of understanding between Pau and Business School of Fashion, Fashion Technology Park, Mohali.

The declaration of intent was confirmed today by Vice-Chancellor, Mr. KSAulakh, fashion and Technology Park Chief Executive Officer of JS Kochar.

Mr. Aulakh said the agreement between Pau and Fashion School of Business was a step in the right direction. He invited the two partners have a holistic approach to the implementation of the agreement.

India has been a great market for garments, textiles and even fashionable. The current partnership was expected to play a central role not only an impulse to explore the market, but also job opportunities on the home page of the medical student. Mr. Aulakh noted as a great state of cotton and the introduction of Bt cotton in the past two years, the fashion industry and textile and technology could change the face of the economy.

Chief Executive Officer ensures Jagjit Singh Kochar Home medical students, that these funds would not be an obstacle when he was the cooperation in research based on the design aspects of dyeing.

After signing a memorandum of understanding with Esmond France, 160 years, MBA University provides fashionable design, Pau is the first university in India, with whom declaration of intent was signed.

The Ministry of clothing and textiles, on capacity building through knowledge and empowerment of girls Can in the new context of emerging trends in the fashion industry and companies must be based on micro-and macro projects in the area of clothing and textiles.

The College of Home Science Dean, Dr (Mrs) MKDhillon, said the agreement was first for a period of five years and concrete projects, details of objectives, duration, technical and financial arrangements, would be willing signed a memorandum of understanding and autonomous during this period.

Pau and the Business School of Fashion would be correlated their activities and go on cooperation projects. The school, “said Dhillon, the mode of expertise in vegetable dyes, Anthropometry, developing models of paper for the design of clothing, textile designs, clothes for people with disabilities, allowing women entrepreneurship and textile technologies to improve the quality of Fashion design and dye.

The agreement stipulates that the college would oriented industry and professional members, in return, the department is to contribute, alongside the value of textile fibres environmentally friendly processing, that is to say colouring substances natural enzyme and ends next to revitalize the textile tradition.