New chapter in the boardroom battle: B-school textbooks
NEW
DELHI: India’s biggest boardroom battle has now found its way into the
textbooks for management graduates.
The
unexpected removal of the company’s first non-Tata chairman, Cyrus Mistry, last
month took everyone by surprise. Following Mistry’s ouster, Tata Sons has
become a part of the programme under the branch of family businesses and
organisational complexities for leading business schools in India, including
Indian Institute of Management (Bangalore and Calcutta), Indian School of
Business, MDI Gurgaon and SP Jain Institute of Management and Research(SPJIMR).
“Not
just industry watchers, but business schools are also trying to decode the
complexities involved behind such crucial organisational decisions,” said Lata
Dhir, professor for organisational behaviour and leadership, SPJIMR. The
institute will inaugurate a session on a case study — Decoding of
Organisational Complexities: The Unfolding of the TATA Saga — at its college
campus on Friday. “We have introduced the case study on Tatas as a part of
subject called organisational behaviour,” Dhir said.
While
it is a normal practice for colleges to update textbooks with live case
studies, popular corporate events such as the Satyam Computers scam, the
division of the Reliance group between Mukesh and Anil Ambani, and the Vijay
Mallya case, have been the big examples.
In
the Tata-Mistry scuffle, the lesson will be on ‘how strong governance
principles and processes could be when some of the key stakeholders have
fundamental differences on one or more areas’.
“Power
and politics in the boardroom is another possibility. Succession management is
a big challenge in both family and nonfamily businesses and Tata Sons seems to
provide a great discussion platform,” said Kavil Ramachandran, executive
director, family enterprise, Indian School of Business. “There could also be a chapter
on limits in roles of owners and managers in a multigenerational family
controlled business.”
MDI
Gurgaon plans to incorporate the learnings from the Tata -Mistry row in its
classroom teachings at both levels — post graduate programme and executive
education. “These will be covered under strategy area, dealing with issues of
corporate governance, leadership, organisational vision and mission, succession
planning, mergers, acquisitions and restructuring,” said Veeresh Sharma,
chairperson, strategic management area.
According to colleges, the teaching
methodology will be divided into two parts. “Initially it would consist of
vignette analysis and discussion, informed commentary and critique. After some
time once enough material is available, the same would be developed in a case,
which can be used for classroom discussions,” Sharma said.
Source | Hindustan Times | 11 November 2016
Regards
Pralhad
Jadhav
Senior
Manager @ Library
Khaitan
& Co
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