ISB Dean Professor Rajendra Srivastava at VAIBHAV Summit 2020

Oct 05, 2020

“Develop National Soft Power through Academic Collaborations” - Professor Rajendra Srivastava, Dean, ISB

ISB- one of the Champion Institutes’ for the Management vertical of  VAIBHAV Summit 2020

[Hyderabad]: Academic collaborations, multi-disciplinary and applied research should focus on and be linked to India-related priorities, said Professor Rajendra Srivastava, Dean, Indian School of Business (ISB) while moderating the first-panel session on the Management vertical at the Vaishwik Bhartiya Vaigyanik (VAIBHAV) Summit 2020. This summit has been conceptualised under the leadership of Hon'ble Prime Minister Shri Narendra Modi, as a month-long global summit of non-resident Indians, domestic scientists and academicians. ISB along with IIM-Ahmedabad and IIM-Shillong are the three ‘Champion Institutes’ for the Management vertical of this summit.

The first panel had an illustrious set of members from across the world and India including Professor Charles Dhanaraj of the University of Denver, Professor Sumit Kundu from Florida International University, Professor Rakesh Basant from IIM Ahmedabad, Professor D P Goyal from IIM Shillong, Professor Farok Contractor from Rutgers University and Professor Ramayya Krishnan from Carnegie Mellon University.

Professor Srivastava while mentioning that there was a huge potential in global academic collaborations was realistic and outlined the various challenges including that of connecting resident management scientists with the NRI/Diaspora community, the implications of the New Education Policy (NEP), the need to focus on problems worth solving, acceleration of quality and impact of research, developing national soft power through academic collaborations and fostering inter-disciplinary research like between medicine and technology.

Crucially, the high-powered panel drew up an innovative roadmap for the future with eight pillars. These include linking collaborations to Indian priorities like trade, FDI, healthcare and education; creation of Unique Research Assets and databases; development of Global Centres of Excellence in areas like Diabetes management and digital transformation, tax incentives and CSR funds for Education; Joint and Dual Degrees and Certification; Digital and Online Programmes; Worldwide Conferences and Summer Programmes and developing India as the ‘Sabbatical Capital.’ Adds ISB’s Srivastava, “VAIBHAV is an excellent initiative by the government to foster collaboration between Indian institutions and foreign universities. This summit will help create a climate for an action plan that will change the landscape of higher education for the national good.”

Over the next one month, the Management vertical will be deliberated within 6 horizontals: Fostering academic collaborations; Mechanisms to increase Research outputs from Indian institutions;  Business innovation; Entrepreneurship for growth; Management of New-Age (Knowledge) Organisations and Making India a Centre of Practice-Oriented Management Knowledge.



The Indian School of Business (ISB) is a global business school offering world-class management education to professionals at its two LEED rated green building campuses – Hyderabad and Mohali. A rich and vibrant pool of research-oriented resident faculty, robust academic partnerships, thriving alumni network, and backing of an influential board and guidance of industry’s thought leadership has enabled ISB to fast emerge and consolidate itself as a premier global business school in the emerging markets. The school is also one of the largest providers of executive education in Asia and the most research-productive Indian management institution.

 The school, over the last nineteen years, has grown at a rapid pace and has earned several prestigious accolades. ISB is the youngest business school to consistently rank among the top global MBA programmes. The resident faculty is ranked in the top 25 globally in terms of research productivity in the leading global management journals.  ISB had the honour of receiving accreditations from the Association of MBAs (AMBA), EFMD Quality Improvement System (EQUIS) and the Association to Advance Collegiate Schools of Business (AACSB). ISB gains the unique distinction of becoming the 100th business school in the world to achieve the coveted ‘Triple Crown’ accreditations- AMBA, EQUIS and AACSB. ISB envisions to become an internationally top-ranked, research-driven, and independent management institute that grooms future leaders for India and the world. To know more about ISB, please visit: