4 October, 2024, Bengaluru: The Office of the Doctor of Philosophy (PhD) programme of IIM Bangalore hosted the Doctoral Programme Scholarship Awards ceremony to felicitate Doctoral students for their remarkable achievements, earlier today. The first batch of recipients of the newly launched Doctoral Student Research Paper Awards for 2024, was also announced.

PhD Fellowship Award

The PhD Fellowship Award Committee selected the award winners based on academic performance at IIM Bangalore; research productivity in terms of journal publications and submissions to reputed journals; quality of research work in the pipeline, and alignment of research with award objectives.

The Fellowship recipients for 2024 are: Sanchit Jain of the F&A area and Divya Dwivedi of the IS area (The Mirae Asset Scholars Award); Lakshmi Parvathy of the PP area and Murari Srihari Srinivasa of the DS area (The Wipro Sustainability Scholar Award); Chinmay Jayant Divekar of the DS area (JR Fellowship Award); Gopinath Annadurai of the PP area (Adani Indology Research Scholarship Award); Satyajit Roy of the POM area (Herbalife Sustainability PhD Fellowship Award), and Mareeswaran M of the F&A area and Kapil Gupta of the DS area (The Florintree Scholarship Award).

Doctoral Student Research Paper Award

The Doctoral Student Research Paper Award aims to recognize quality journal papers in the field of management research published by students of IIMB’s Doctoral programme. This year’s recipients are: Ashish Singh Bhandari (POM area); Ayesha Arora (POM area, she has two papers to her credit); Chhavi Shekhawat (F&A); Chinmay Jayant Divekar (DS); Deepti Sharma (PP, two papers to her credit); Himanshu Shekhar (Strategy); Kapil Gupta (DS); Mareeswaran M (F&A); Ronit Neogy (DS); Satyajit Roy (POM), and Lakshmi Parvathy (PP area).

Milestone Recognition

Other students who were felicitated include those who have cleared the Comprehensive Examination, as well as for Successful Proposal Defense and Successful Dissertation Defense.

PhD Student Academic Committee (SAC)

The outgoing PhD Student Academic Committee members (2023-2024) were thanked and received certificates, and the new PhD Student Academic Committee members (2024-2025) were welcomed.

Prof. Rejie George Pallathitta of the Strategy area of IIM Bangalore area moderated the event and delivered the vote of thanks. “The Doctoral students’ efforts coupled with the support from the sponsoring organizations will go a long way in enhancing the research and academic ecosystem of our country”, he observed.

Congratulating the PhD students and thanking the corporate sponsors who are supporting research endeavors in management institutes, Prof. Rishikesha T Krishnan, Director, IIM Bangalore, said, “These awards will recognize the milestones and progress of the PhD students. Deeply committed to its Doctoral programme, IIMB has enhanced associated facilities and will continue to do so. Creating strong and well-developed PhD students will go on to contribute immensely to academia, research and industry, which in turn will boost the country’s economic growth and prosperity. I urge you PhD students to continue to do your best and try to connect your learnings to the world of practice. I would also encourage you to pull your skills and support yourselves as a community, since a vibrant PhD community will result in better outcomes for all. And do reach out to us if you need any sort of support, even outside academics.”

Congratulating the students for their achievements, Prof. Ananth Krishnamurthy, Chairperson, Doctor of Philosophy (PhD) and faculty of the Decision Sciences area of IIMB, said that he encouraged future aspirants of the Fellowship to keep the required criteria in mind and work towards higher research productivity in their respective fields. “We look forward to great research and publications in top-tier journals from all the winners”, he added.

Also present at the event were representatives of the scholarship sponsor organizations – Aditya Somani and Priteesh Mahajan from Florintree; Uday Prakash and Shweta A Jha from Herbalife; P S Narayan and Avinash Kumar from Wipro, as well as other faculty, staff and students of IIMB.

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24 September, 2024, Bengaluru: IIM Bangalore recently hosted the 15th edition of the annual EPGP Business Conclave, a flagship event of the Executive Post Graduate Programme in Management (EPGP). This year’s conclave was themed on, ‘Developing Future Leaders: Skills Beyond Technology’, and delved into the essential skills that transcend technology, exploring how leaders can harness the power of human potential to drive sustainable growth and innovation.

The EPGP Business Conclave, serves as a distinguished platform for profound discussions on contemporary topics and emerging trends. The event features CXOs, strategists, technology evangelists, thought leaders, entrepreneurs and professionals who come together to analyze real-world business scenarios, deliberate on their social impact and stimulate meaningful discussions.

During his welcome address Prof. Rishikesha T Krishnan, Director, IIM Bangalore  said “Companies that have enduring success do not depend on technology alone – other skills and knowledge are essential as well. During a review meet with external CEOs, the must-have elements of an MBA programme curriculum listed by them included digital, data and ESG, other than traditional components such as communication, leadership, problem solving, ethics and integrity. In that way, the essence of EPGP, a well-rounded programme, is similar to the theme of today’s conclave”.

The inaugural session also included an address by Prof. Amar Sapra, Chairperson, Executive Post Graduate Programme in Management and faculty of the Production & Operations Management area of IIMB. He said, “The Indian government has taken up several initiatives so that the country can evolve into a manufacturing powerhouse, along with the promise in the areas of science and engineering. The priority of the Indian corporate sector should be to become a world-class factory of the world in the long run.

Open networks shaping future commerce 

The keynote address on, ‘The Role of Open Networks in Shaping Future Commerce and the Journey of ONDC’ was delivered by Harishankar Krishnan, Chief Transformation Officer, ONDC. “The implications of the open network lie in democratization, digitizing the undigitized and innovation which will unleash opportunities for start-ups. For business and technology leaders, it can drive value leveraging the ecosystem, lower barriers to entry, lead to business model innovation and boost digital talent and leadership”, said Mr. Krishnan on the promising pathway of India’s digital future.

Panel Discussion 1 – The first panel discussion on, ‘Building Future-Ready Organizations: Developing Leadership Skills That Go Beyond Technology to Foster Sustainable Growth and Adaptability’, featuring Shweta Mohanty, Head of HR, SAP in India, Balachander Lakshminarayan, VP of Marketing, Datawrkz, and Sarika Pradhan, VP of Human Resources, Asia Pacific Global Delivery Centers of Excellence, CGI, was moderated by Prof. Debolina Dutta, Organizational Behavior & Human Resources Management area of IIMB.

Energy transition 

The panel discussion was followed by a talk on ‘Strategic Leadership during Energy Transition’ by Subramanian Chidambaran, Chief Strategy Officer, Cummins India.

Founder’s mentality 

Shyam Unnikrishnan, Partner, Bain & Company, led a discussion on, ‘Founder’s Mentality and Disruptive Innovation’. He said, “Most successful companies share three cultural characteristics – insurgent mindset, frontline obsession and owner’s mindset. Insurgency should never take a backseat.

Panel Discussion 2 – The discussion on, ‘Leadership in the Age of Disruption: Navigating Change wih Data Analytics and AI’ was led by Sai Krishnan Mohan, VP – Data & Analytics, Bajaj Auto, Laxminarayanan G, Global Head – Automation & Transformation, Cyient, and Shriram Vasudevan, Technical Innovator, Intel. The panel was moderated by Prof. Shankar Venkatagiri, Chairperson and faculty of the Information Systems area of IIMB.

To lead a Global Capability Center 

‘Understanding the GCC (Global Capability Centers) Juggernaut: What Does it Take to Lead One?’ was discussed by Dr. Anilesh Seth, Independent Captives Consultant and Cofounder, GigVistas.

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19 September, 2024, Bengaluru: Students of IIM Bangalore’s one-year full time MBA for experienced professionals, the Executive Post Graduate Programme in Management (EPGP), will host the ‘Business Conclave 2024’ on 22 September 2024, themed on, ‘Developing Future Leaders: Skills Beyond Technology’.

For registration and other details, please visit: https://www.iimb.ac.in/business-conclave/

The annual flagship event of EPGP serves as a distinguished platform for thought-provoking discussions on relevant new age topics. The event features CXOs, strategists, technology evangelists, thought leaders, entrepreneurs and professionals who come together to analyze real-world business scenarios, deliberate on their social impact and stimulate meaningful discussions. The conclave provides the opportunity for enthusiasts to interact with, and get inspired by, these leaders.

In an era where technological prowess alone no longer guarantees success, the demand for visionary leadership that combines technical expertise with emotional intelligence, critical thinking and adaptability, is more crucial than ever. While AI and automation are transforming industries, human-centric skills like creativity and ethical decision-making remain indispensable. In India, rapid tech adoption and digital literacy are on the rise, but there is a need to balance this with programs emphasizing soft skills, leadership and continuous learning to cultivate well-rounded leaders.

This year’s Business Conclave will delve into the essential skills that transcend technology, exploring how leaders can harness the power of human potential to drive sustainable growth and innovation. The engaging discussions with thought leaders are aimed to redefine the ways to lead in a complex and rapidly evolving world.

The EPGP Business Conclave 2024 will include addresses by IIMB faculty such as Prof. Rishikesha T Krishnan, Director, IIM Bangalore, and Prof. Amar Sapra, Chairperson, Executive Post Graduate Programme in Management and faculty of the Production & Operations Management area of IIMB, and other engaging sessions. The keynote address on, ‘The Role of Open Networks in Shaping Future Commerce and the Journey of ONDC’ will be delivered by Harishankar Krishnan, Chief Transformation Officer, ONDC. ‘Strategic Leadership during Energy Transition’ will be discussed by Subramanian Chidambaran, Chief Strategy Officer, Cummins India and ‘Founder’s Mentality and Disruptive Innovation’ by Shyam Unnikrishnan, Partner, Bain & Company. Dr. Anilesh Seth, Independent Captives Consultant and Co-founder, GigVistas, will talk about: ‘Understanding the GCC (Global Capability Centers) Juggernaut: What Does it Take to Lead One?’. There will be two panel discussions on, ‘Building Future-Ready Organizations: Developing Leadership Skills that Go Beyond Technology to Foster Sustainable Growth and Adaptability’ and ‘Leadership in the Age of Disruption: Navigating Change with Data Analytics and AI’. The event will also include a Supply Change Simulation game and a Sustainability challenge, and will conclude with awards distribution and the closing ceremony.

Watch here: https://www.youtube.com/live/gyaAz2XCnhQ?feature=share

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New Delhi, 28th August 2024 – Researchers from the Indian Institute of Management, Bangalore, and SP Jain Institute of Management & Research recently published a joint report, which objectively concludes that the effect of the user’s skill is significantly more than that of chance, in determining the winnability in a fantasy sports contest. The study, “Decision Support System for Policy-Making: Quantifying Skill and Chance in Daily Fantasy Sports (DFS)”, further proposes a data-driven approach to determine, through empirical evidence, whether any game is a game of skill or chance.

This is the second paper by Professor U Dinesh Kumar, which focuses on studying the statistical aspects of online games. This study goes beyond measuring the effect of skill and chance on a user’s performance. Also, it focuses on quantifying several other indicators of skill, such as the effect of user’s past performance, experience and recent participation, which have not been studied previously. 

This peer-reviewed study offers an integrated decision support framework that:

• Evaluates the relative importance of skill and chance,
• Studies a contestant’s observed and unobserved characteristics,
• Tests for other indicators of skill,
• It can be replicated in other games, subject to data availability.

The framework proposed in the study can help policymakers adopt a more science-oriented and quantitative approach to resolving the ongoing debate on skill and chance. The lack of such a standardized and objective approach to evaluating online games has led to inconsistencies in regulation and hurt the ease of doing business for legitimate gaming companies in India.

By analyzing performance data, the study helps identify how much of a player’s success is due to their skill and how much depends on chance, providing a clear picture of what drives success in fantasy sports. By analyzing users’ performances across 2,951 matches and 160,000 contests, the study concludes that the effect of users’ skill is significantly more than that of chance in determining winnability in fantasy sports. The study also quantifies other indicators of skill, like user’s past performance, experience and recent participation and finds that these significantly affect their performance in fantasy sports contests.

U. Dinesh Kumar,Professor, IIMB,emphasized the significance of these findings: “ This  research  provides  a decision support system that can allow policymakers to objectively and quantitatively differentiate between games of skill and chance. The framework proposed in the study can be replicated for any online game, subject to data availability. We believe that such frameworks are key to formulating regulations based on data science and better suited to address the challenges stemming from emerging technologies and new age sectors, such as online gaming.”

Key findings from the study include:

• Experience improves winnability: There is a positive correlation between users’ experience and winning consistency, i.e., users with more experience exhibit higher winnability in fantasy sports contests.
  • This indicates that users learn from experience and improve their future performances. In a game of chance, on the other hand, experience will not affect a user’s winnability.
• Consistent high-performers fare better: Users who consistently performed well in the past also perform better in the current fantasy sports contests.
  • This indicates that users’ capabilities matter in fantasy sports contests. In a game of chance, on the other hand, past performances would not determine a user’s present performance.
• Recency positively affects winnability: Users who participated recently in fantasy sports contests exhibit higher winnability.
  • This indicates that the score gap increases with an increasing number of days since the users’ last participation, i.e., users who participated recently exhibit higher winnability. This is also consistent with the concept of skill depreciation used in human capital theory.
• Choice of contest influences relative performance
• The variance of unobserved skill is higher than the variance of chance: The study found that the unobserved components of skill play a far greater role in determining winnability than pure random shocks.

Authors: 

• Dr. U Dinesh Kumar is a Professor in the Decision Sciences area at the Indian Institute of Management, Bangalore (IIMB). He is also the Chairperson of IIMB’s Data Centre and Analytics Lab (DCAL).
• Dr. Aishvarya is an Assistant Professor in the Information Management & Analytics area at the S.P. Jain Institute of Management & Research (SPJIMR), Mumbai.
• Dr. Tirthatanmoy Das is an Associate Professor and Chairperson of the Economics area at the Indian Institute of Management, Bangalore (IIMB).

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