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ISB Launches ‘SBI Cell for Public Sector Leadership’ |
The Indian School of Business (ISB) in association with The State Bank of India (SBI), signed a MoU to set up a Research Cell on Public Sector Leadership in India at the ISB campus. The MoU was signed by Ajit Rangnekar, Dean, ISB and R K Sharma, Chief General Manager, SBI, Hyderabad Circle, in the presence of O P Bhatt, Chairman, State Bank Group and other top officials from SBI and Governing Board members from the ISB.
The cell titled ‘SBI Cell for Public Sector Leadership’, will focus on innovation, change management, organisational transformation, leadership comparisons between public and private enterprises, managerial mindsets and risk taking in middle management and will function under the aegis of the Centre for Leadership, Innovation and Change (CLIC) at the ISB.
Making the announcement, Dean Rangnekar said, “We are privileged to be associated with the SBI for conducting research on Public Sector Leadership in India. The PSUs have played a very important role in ensuring inclusive growth in India. At the same time, they have adapted to meeting global opportunities and challenges. This need for ensuring inclusive growth, while meeting domestic and global competitive pressures has put enormous leadership demands on the PSU. The ISB will create a knowledge repository on these leadership issues especially in India. The objective of this research cell will be to draw lessons from the performance of successful PSUs, identify areas for further improvement in their performance, and contribute lessons for the private sector and how they both can work collaboratively towards inclusive growth.”
SBI, as part of its Corporate Social Responsibility (CSR) activities, set up a Research and Development Fund with the primary objective of supporting research work related to the banking industry and emerging financial scenario. Under the Fund, research grants are extended to universities and reputed academic and research institutions for undertaking research projects and as part of this CSR activity, SBI has partnered with the ISB. “We are proud to be associated with the ISB to set up the ‘SBI Cell for Public Sector Leadership,’ which will focus on Public Sector Leadership and the various related issues which would form the topics for research and case studies undertaken by the Cell. The outputs would be of relevance to industry in general and public sector enterprises in particular,” said Bhatt.
As a part of the launch, a high profile executive roundtable was held which saw participation from the heads of 30 top PSUs in the country. The session included debates on topics such as – ‘Are Indian PSUs equipped to exploit new opportunities,’ ‘Deal with the new challenges optimally,’ ‘Identify organisational challenges,’ ‘Discuss the role of leadership and Strategy for PSUs to maintain a balance between achieving their objectives of performance as well as social responsibility.’ |
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