Case development arm: ISB-Ivey tie-up soon

The Indian School of Business announced on Friday setting up of a Centre for Case Development at its campus in Hyderabad.

The Centre is being set up in collaboration with Richard Ivey School of Business (Ivey), The University of Western Ontario, Canada.

"Indian companies have, in this past decade, developed new business models that have the potential to be replicated in other parts of the world. But there is a significant shortage of case studies to understand these best practices.

"With its academic and industry affiliations, the ISB will support faculty from other Business Schools in India, to create a knowledge repository of case studies for India and the world," Ajit Rangnekar, dean of ISB, told reporters.

The ISB's knowledge of best practices in India combined with Ivey's vast experience in producing global case studies will ensure that case studies produced by the Centre comprise indigenous learning and global methodologies, he said.

Dean of Ivey, Carol Stephenson said, "We are proud to be pratnering with ISB in an ambitious case development and training programme which will transform the educational environment in India. In doing so, Ivey will also be able to bolster its own capabilities in managing in emerging markets".

Replying to a query, Rangnekar said the ISB is not looking for any revenue from the initiative.

The Dean said learning value and willingness of the company to share information on its business practices are the general parameters for taking up the case.

Asked if the Centre would study the examples of frauds like Satyam Computers, he said access to crucial people in the company would be key in determining whether to take up a particular case study.

The Centre is currently developing case studies on corporates, planning bodies, NGOs, SMEs and sports organisations among others. It will enable B School faculty in India to create cutting edge research to teach students and executives, and bring an Indian perspective in B-school curriculum across the globe, Rangnekar added.

Replying to a query, he said Anil Kumar, an accused in the hedge fund fraud in America, who is a director of ISB, is on leave.