The CEO’s CEO
Academicians are not normally credited with great managerial skills. But there are a few exceptions and Dr. M Rammohan Rao is one of them.
What Dr. Rao did as Former Directorat IIM Bangalore till a few years ago, didnot get the press it deserved although the institute has been neck-and-neck with IIM Ahmedabad for the number one slot.Dr. Rao’s transformation of the Indian School of Business, popularly known as ISB, has taken the world by surprise.The Financial Times’ ranked ISB 20th among the world’s best business schools in January 2008 even ahead of the prestigious Kellogg School of Management.
What Dr. Rao did during his three year tenure since 2004 shows his leadership skills and more importantly, focusing on what B-Schools should really be doing– solid research. Within two months of joining, Dr. Rao started the Centre of Analytical Finance (CAF) and no prizes for guessing what his specialization is.In a recent message, Dr. Rao said:“While the world accepts the ISB’s status,we silently reinforce our commitment of being the cornerstone for research-oriented learning. Combine that with a strong focus on becoming one of the world’s top ranked business schools, and we’ve defined our role and our challenge for the years ahead.”
Dr. Rao could not have achieved this acclaim without insisting on a good number of permanent faculty, since ISB’s initial model was largely dependent on visiting faculty from world’s top institutions such as Wharton, Kellogg and London Business School. Even today, ISB gets over 100 visiting faculty. Yet, the 25 permanent faculty today seems a great stabilizing factor.
His bigger achievement perhaps is making ISB financially sound. Before Dr. Rao joined, there were doubts about ISB’s viability, since it was designed as a world class institute with whopping investment in infrastructure and near five-star boarding facilities. Reports suggest that with the phenomenal growth in intake of students
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To read the ePaper, visit: http://emagazine.managementnext.com
What Dr. Rao did as Former Directorat IIM Bangalore till a few years ago, didnot get the press it deserved although the institute has been neck-and-neck with IIM Ahmedabad for the number one slot.Dr. Rao’s transformation of the Indian School of Business, popularly known as ISB, has taken the world by surprise.The Financial Times’ ranked ISB 20th among the world’s best business schools in January 2008 even ahead of the prestigious Kellogg School of Management.
What Dr. Rao did during his three year tenure since 2004 shows his leadership skills and more importantly, focusing on what B-Schools should really be doing– solid research. Within two months of joining, Dr. Rao started the Centre of Analytical Finance (CAF) and no prizes for guessing what his specialization is.In a recent message, Dr. Rao said:“While the world accepts the ISB’s status,we silently reinforce our commitment of being the cornerstone for research-oriented learning. Combine that with a strong focus on becoming one of the world’s top ranked business schools, and we’ve defined our role and our challenge for the years ahead.”
Dr. Rao could not have achieved this acclaim without insisting on a good number of permanent faculty, since ISB’s initial model was largely dependent on visiting faculty from world’s top institutions such as Wharton, Kellogg and London Business School. Even today, ISB gets over 100 visiting faculty. Yet, the 25 permanent faculty today seems a great stabilizing factor.
His bigger achievement perhaps is making ISB financially sound. Before Dr. Rao joined, there were doubts about ISB’s viability, since it was designed as a world class institute with whopping investment in infrastructure and near five-star boarding facilities. Reports suggest that with the phenomenal growth in intake of students
To read the full article, click here...
To read the ePaper, visit: http://emagazine.managementnext.com
Labels: CEO, Dr. Rammohan Rao, ISB
posted by PressMart Team @ 1:05 PM
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