A robust manufacturing base is a pre-requisite for India to have a vigorous economy. Accordingly, the Indian government has put forth the National Manufacturing Policy to enable strong growth of the manufacturing sector. Similar efforts have been made recently in developed economies like the UK and the US as both developing and developed countries see manufacturing growth as key to job creation and economic improvement. In light of these domestic and global efforts, Munjal Institute for Global Manufacturing is a pioneering effort by ISB and the founding supporters of the Mohali campus to ‘raise the level of manufacturing in India and beyond through operational excellence and innovation’.
The Munjal Institute for Global Manufacturing at ISB is the premiere independent academic institution for operational excellence and innovation in the manufacturing ecosystem in India and beyond.
To engender synergistic engagement between industry, academia and the government in India and beyond through
-> Thought leadership
-> Facilitating knowledge sharing with industry
-> Informing government policy
-> Grooming future leaders.
Munjal Institute for Global Manufacturing (MIGM) aims to raise the level of manufacturing in India through operational excellence and innovation. Research at MIGM focuses on Industry 4.0, Blockchain, Skilling and Aerospace & Defence. A critical channel for dissemination of this research is through education. MIGM conducts the Advance Management Programme in Operations and Supply Chain and short term programmes in collaboration with Centre for Executive Education.
Consistent with our goal of preparing leaders, managers and exceptional contributors in the manufacturing sector, ISB has started offering manufacturing specialization courses as part of the Post Graduate Programme in Management (PGP) since 2012. These courses provide students with a cutting edge advantage in understanding different sectors such as automotive , textiles , chemicals, energy and FMCG, etc.10%
The Institute works with ISB’s Centre for Executive Education (CEE) in developing learning solutions relevant to manufacturing organizations that help drive business performance and growth within an organisation.10%
Operations and Supply Chain have emerged as the high growth sectors in India. Prime Minister of India, Mr. Narendra Modi, had launched the ‘Make in India’ programme to place India on the world map as a manufacturing hub and give global recognition to the Indian economy. India is expected to overtake Germany to become the fourth largest economy in the world by the end of the year 2026. The new growth trajectory will result in the need for skills, other than just domain competency. Proactiveness and understanding of market competition will be an essential skill for success in the Operations and Supply Chains sector. Indian players must develop a better strategy to understand their customers and the changing patterns, to remain competitive against China. Professionals at middle and senior management level, belonging to operations & supply chain domain need to acquire competencies like innovation, data analysis, competitive strategy, negotiation skills etc., to remain relevant in the highly competitive business landscape. The key focus areas of the course are as follows > Acquiring an in depth understanding of the operations and supply chain ecosystem > Creating leadership to move the entire sector to the next level of productivity, profitability, and quality > Training current organisations to achieve operational and supply-chain excellence.10%
Programme helps to build leadership and teamwork skills by developing the ability to manage change. It develops business acumen and ability to adopt an integrated approach to decision making. It enhances the participant’s skill to adopt a scientific, data-driven approach to resolve business risks. Participants recognize emerging trends in the operations and supply chain industry and are prepared to leverage them for one’s organisation.
The programme offers world-class faculty for teaching the best practices in operations and supply chain. It enhances leadership and teamwork skills to cope with changing dynamics in the operations and supply chain sectors. Participants get to learn from their experienced fellow students. They learn to have an integrated data-driven approach to decision making. They get a chance to work on a research project.
The programme enables your employees to learn the global trends. It is a great way to reward and retain high-performing employees and help in creation of a leadership pipeline. The action learning projects enable your employees to solve existing company problems in a scientific and objective manner.
The Action Learning Project (ALP) is an essential pedagogical tool that is designed to give participants a chance to deploy their classroom learning in real-life scenarios. It is a group exercise executed under the guidance of a mentor/guide from ISB. Participants have the option of bringing a live project from the organisation where they are currently employed or can bid for projects from other organisations.
The certificate course is designed with inputs from renowned academicians and practitioners from Industry. Our alumni and Advisory Council members have provided inputs on various aspects of the programme including curriculum, data sets, projects to keep the course relevant to industry needs. Distinguished leaders from the Industry also support in enriching the programme experience through speaker sessions in every term, which bring out the relevance of academic concepts, tools, and technology.
Research is carried out at Munjal Institute for Global Manufacturing for publication in reputed scholarly journals and from an industry perspective. We work on pubishing papers, books and reports in our focus areas.
The MIGM at ISB is a pioneering effort with the mandate to ‘Raise the Level of Indian Manufacturing’. The vision of our Institute is to be the premier independent academic institution in India for operational excellence and innovation in the manufacturing ecosystem in India and beyond. To enable the vision, we have set for ourselves the mission ‘To engender synergistic engagement between industry, academia and the government in India and beyond through thought leadership, facilitating knowledge sharing, informing government policy and grooming future leaders. Our research endeavours to find long term solutions to deep-rooted problems faced by Indian manufacturing.
In the recent past, we have worked on the project, ‘Developing Corporate Skilling Strategies to enhance Women’s employability through CSR Programs’. The report highlights the plunging ‘Female Labour Force Participation Rate’ in India and suggests measures for its improvement. Currently, we are working on the project, ‘Impact of Industry 4.0 on the Future of Work in the Textile Industry in India’.
ISB has enduring relationships with some of India’s most renowned leaders in operations and supply chain, many of whom are invited to speak during AMPOS residencies and share their experiences in specific sectors. These inspiring sessions provide students first-hand insights into operations and supply chain, including critical challenges faced by the corporates. It ensures an enriching learning experience for the students and a chance for them to interact closely with the distinguished academics and business experts. This exercise also helps build and strengthen the relationship between ISB and the industry leaders.
Talk by Mr. Ravi Kirplani - Managing Director & CEO, Thyssenkrupp
Talk by Mr Nagendra Nath Sinha - Chairman, National Highway Authority of India
Talk by Mr. Harish Chavan - CEO, Swaraj Division, Mahindra & Mahindra
Talk by Mr. Atul Sobti - Chairman and Managing Director, Bharat Heavy Electricals Ltd.
Talk by Mr. Vijay Sethi - Chief Information Officer, Head Human Resources and Head Corporate Social Responsibility , Hero MotoCorp Ltd.
Talk by Mr. Venkatesh Natarajan - Chief Digital Officer & Senior Vice President, Ashok Leyland
Talk by Mr. Jayanand Potdar - President, Real Estate Development at Reliance Industries
Master class conducted by Dr. Pratap Sundar - Academic Director, MIGM & PLIIM.
Dr. Pratap Sundar- Academic Director, MIGM & PLIIM spoke about how digital supply chains, big data and analytics go hand in hand.
Prof Ajay Das, Zicklin School of Business, Baruch College N.Y. spoke of the dissonance between the managers and workers on the shop floor, leading to impact on production.
Workshop was organised on Disruptive Data-Driven AI-Based Strategy for Operational Excellence
An insightful research report titled- "Impact of PMKVY-2 on the Skilling & Employment" - A comparative study of CSCM & CSSM programs was released at ISB's Mohali campus. The strategic research study is jointly prepared by Punjab Skill Development Mission, Government of Punjab, and ISBs Munjal Institute for Global Manufacturing.