Newsletter bulletin Dec 2012 -Web - Institute of Public Enterprise

Newsletter : 12Dec, 2012Consultancy44The knowledge and insights that IPE gained in researchhave enabled it to undertake consultancy assignments fornational and international organisations. The Institutemakes available its special expertise and knowledge inimproving the functioning of several government-runenterprises, thereby making them more efficient,profitable and cost-effective. Consultancy is offered indisciplines such as enterprise restructuring, businessstrategy, financial risk assessment and modeling,marketing strategies, international business/exportmanagement, industrial relations, power, biotechnology,poverty alleviation, privatization, quality management,supply chain management, operating management, humanresource planning, HRM and organisational behaviour,work culture, etc.IPE’s versatile expertise in knowledge domains andsectoral domains has been recognized by the megacorporate of India for crucial consultancy projects.Numerous studies have been carried out by IPE, more so inthe past decade. IPE ranks among the top 10 B-Schools forits “Intellectual Capital” and has 55 faculty members mostof whom possess doctoral degrees/Ph.Ds from renownedinstitutions. The expertise of the faculty spans across notonly knowledge domains in Strategy, Marketing, Finance,HRM/OB, International Business, Productions andOperations Management, Supply Chain Management,Logistics, Information Technology, MIS, Biotechnology,Corporate Governance, CSR, Innovational Management,Entrepreneurship etc., but also across sectoral domainssuch as Power and Energy, Agri-business, Steel & Metals,Transport, Tourism, Public Enterprise Management,Performance Management Systems/MoU, CSR, ProjectManagement, etc. As many as 13 corporations withbusiness across diverse sectors have been assigned forconsultancy project studies in the North East region. IPEhas undertaken consultancy assignments for national andinternational organizations like the UNDP, UNIDO, WorldBank, ADB, Commonwealth Secretariat, DFID,Government of UK, International Centre for Promotion ofEnterprises (ICPE). Asian and Pacific DevelopmentCentre (APDC), ILO, central and state governments,public and private sector enterprises. A number of consultancyprojects were assigned by multi-farious organizations inIndia, under the central and state sectors. Recently, a largeproject covering thirteen corporate undertakings wasassigned by the public enterprises department,Government of Assam to IPE, while the Government ofKarnataka had engaged in the performance evaluationstudies of the different enterprises in the previous twoyears. IPE has the capability to undertake consultancyassignments for vaiours international/national corporatesacross the numerous aforesaid sectoral/area domains.Conferences4thDr.S.JhunJhunwala & Ms.J.Kiranmai conducted the 4International Conference on “CG in EmergingEconomies – Innovation, Sustainability and Challenges”ththon 10 & 11 December, 2012, at Hotel Marigold,Hyderabad. The sessions on both the days were as follows :The programme was inaugurated by Shri SurenderMohan, C&MD, Neyveli Lignite Corporation Ltd. Duringthe inaugural address the chief guest highlighted thevarious issues relating to the best practices of corporategovernance. He also shared his views in relation to thepresent context and its implications to the NLC board. Hefurther added that the board members need to appreciatethe functioning of the organization to make an appropriatestrategic decision. Shri.Narayana Rao, C&MD, Midhanidelivered the keynote address. He emphasized that goodgovernance practices would contribute to the long-termobjectives of the companies. Guest of honourProf.Normah Omar, Director, ARI, UTM spoke on thejoint initiatives that IPE and ARI have taken to organize theevent. Guest of honour Prof.J.P.Sharma, Professor ofLaw, Department of Commerce, DSE, DU, pushed forethical business practices and discussed how the case ofSatyam has created awareness among other corporateboards. The first technical session was chaired byProf.Niranjan, Professor, University of Seattle, US,Prof.J.K.Tandon, Advisor, JNU and Mr.Quin Ban Aik,MSWG, Malaysia. The main theme of the session was“CG in Emerging Economies”. Five papers werepresented highlighting the various issues of CG, legalframework and ethical behaviour of emerging markets.The second technical session was chaired by Dr.RoshyaniBinti Arshad, Associate Professor, ARI. The main themewas “CG and Sustainability”. Five papers were presentedon the theme which highlighted on the CSRcommunication, role of governance and sustainabledevelopment in India. The third technical session waschaired by Prof.J.P.Sharma, Professor, Department ofCommerce, DSE, DU. The main theme was on ethics andbusiness. Four papers were presented. Transparency,ethical and responsible corporate governance frameworkwhich essentially emanates from the intrinsic will andpassion for the good governance ingrained in the businessentities was highlighted. The fourth technical session heldon the second day was chaired by Prof.P.R.R.Nair, Head,Centre for CG and CSR, IICA and Prof.Normah Omar,Director, ARI. Five papers were presented which focusedon the challenges of corporate governance in the emergingeconomies. The paper titled Islamic work ethicshighlighted the mechanisms of good governance amongthe employees of banking institutions in Malaysia. Theempirical research on boards and audit committees of thelisted companies has given an overview of the bestCentre for Corporate Governance (CCG)4 It was set up during 2009 to promote understanding andappreciation of corporate governance-related issues,which are now essential for all managers as CorporateGovernance is central to corporate leadership and strategicdecisions, social responsibility and regulatorycompliances in a market-driven global economy. AsONGC has been in the vanguard of CG in India and itsformer chairman late Subir Raha has been a champion onCG, the institute with ONGC has set up the IPE-ONGCSubir Raha Chair on Corporate Governance.Fourth International Conference on “Corporate Governance”.4