Latest news with #IIM-K
Time of India
3 days ago
- Business
- Time of India
Mastering strategic management: Here's what it takes to become a future-ready leader
The current global business environment is marked by volatility due to geopolitical tensions, shifting monetary policies, trade dynamics, and emerging technologies. As a result, long-term planning is becoming increasingly difficult for businesses. Macro fluctuations affect corporate strategies, pushing companies to rethink supply chains and hiring policies. Businesses must therefore adopt agile risk management, monitor market signals, and capitalise on emerging opportunities. Mastering strategic thinking requires a mix of foresight and data-driven decision-making. Here are approaches companies should consider: Anticipate and connect the dots : A good strategic thinker sees beyond immediate disruptions by connecting trends across geographies and industries. This ability to think ahead helps anticipate risks and opportunities before they manifest. Embrace data-driven foresight : Use a dynamic process combining analytics, AI, and scenario planning. This separates actionable insights from noise. Keep options open : Volatility demands the ability to pivot as much as it demands long-term vision. Strategic thinking involves balancing planning with responsiveness-adjusting strategies in real time to seize opportunities or mitigate risks. Quantify and manage risk: Measuring risk enables better decision-making. Leaders who are aware of their business' risk exposure and prepare contingency plans accordingly can turn volatility into a competitive advantage. Cultivate cross-functional business acumen: Integrate insights from different teams such as finance, operations, technology, and marketing to sharpen strategic problem-solving skills. The demand for future-ready executives has never been higher, especially in the age of data-driven learning. IIM Kozhikode's Advanced Strategic Management Programme is a high-impact, year-long learning journey designed for mid- to senior-level professionals, especially those in strategic management roles. The programme offers over 150 hours of expert-led learning, a two-day campus immersion, and executive alumni status from one of India's premier B-schools. Programme highlights Immersive learning with simulations, faculty-guided capstone project, and peer collaboration from a top-tier executive education provider. IIM-K has deep capabilities in strategic leadership development Familiarisation with new age technologies such as digital transformation and business applications of Generative AI (GenAI) Exposure to cutting-edge topics such as merger and acquisition strategies, sustainability in strategy, and blue ocean innovation. Certificate of completion for participants who successfully complete all evaluation components and meet the requisite 75% minimum attendance criteria. Benefits of being IIM Kozhikode executive alumni status Opportunities to network with peers from across industries, IIM-K alumni, and industry leaders. These connections are invaluable for career growth and to stay updated with the latest industry trends Easier transition to higher-level strategic roles, advisory boards, or venture scaling Access to Kasebook, the online alumni portal Eligible to periodic newsletters and publications of IIM Kozhikode. What are the eligibility criteria? Live Events Graduates or diploma holders who have at least seven years' work experience, or five years of professional experience after post graduation. Programme fees The fee for this certificate programme is INR 2, 98, 000 + GST. Visit the programme page to know more about flexible payment options and student loans. Programme duration and modules Course commencement date: June 28, 2025 Duration: One year Mode: Both online and on-campus Some of the topics covered in the 10 modules include: Planned vs Emergent Strategy Measuring and Reporting Financial Position and Financial Performance Making Capital Investment Decisions Operations Strategy Business Strategy in a Globalised Digital & Highly Regulated World Making Strategic Alliances Work Business Models of the Future Leading High-performance Teams Diagnosing, planning, and preparing for negotiations Corporate Governance Exploring Possible Solutions: Design Thinking Processes & Tool Kits The Advanced Strategic Management Programme by IIM Kozhikode is unique due to its focus on the latest strategic management practice, its rigorous, application-oriented curriculum, and track record of boosting career prospects. It is especially tailored to meet the needs of senior executives who face complex strategic challenges. Visit the programme page for more details on faculty and FAQs.
Time of India
20-05-2025
- Politics
- Time of India
IIM Kozhikode terminates pact with Turkish university
Kozhikode: Indian Institute of Management Kozhikode (IIM-K) has officially announced the annulment of its memorandum of understanding (MoU) with Turkiye's Sabancı University with immediate effect. The decision comes close on the heels of several central universities cutting ties with institutions from Turkiye following the country's support for Pakistan. IIM-K authorities said that the decision was taken as a firm step in support of national interest . The MoU, originally signed in Sept 2023 for a period of five years, had outlined academic collaboration in the area of student exchange. However, in light of recent developments and guided by national priorities, IIM Kozhikode has unilaterally decided to nullify the agreement and terminate all associated academic engagements, the institute said. IIM-K added that it has formally communicated this decision to Sabancı University and has requested the immediate removal of IIM-K name from all official records, websites, and platforms affiliated with the Turkish university. "At IIM-K, we place utmost importance on aligning our global engagements with the national interest. The decision to annul the MoU with Sabancı University has been taken after careful consideration and is in keeping with our institutional responsibility to uphold the values and priorities of our nation. We remain committed to fostering international collaborations that reflect mutual respect, strategic alignment, and shared national values," said IIM-K director Debashis Chatterjee. IIM- K reiterates its commitment to maintaining the highest standards of academic integrity and to engaging with global institutions that resonate with India's strategic and educational values, he added.
The Hindu
20-05-2025
- Politics
- The Hindu
IIM-K cancels MoU with Turkish university
Close on the heels of several premier Central institutes snapping ties with Turkish universities over Turkiye's support for Pakistan, the Indian Institute of Management Kozhikode (IIM-K) has cancelled its Memorandum of Understanding (MoU) with Sabancı University with immediate effect, citing the decision 'as a firm step in support of national interest.' A press release issued on Tuesday said that the IIM-K formally intimated this to Sabancı University and requested the immediate removal of the institute's name from all official records, websites, and platforms affiliated with the Turkish university. The MoU, originally signed in September 2023 for a period of five years, had outlined academic collaboration in the area of student exchange. However, in light of recent developments and guided by national priorities, IIM-K has unilaterally decided to nullify the agreement and terminate all associated academic engagements. In a statement, Prof. Debashis Chatterjee, IIM-K Director, said: 'At IIM-K, we place utmost importance on aligning our global engagements with national interest. The decision to annul the MoU with Sabancı University has been taken after careful consideration and is in keeping with our institutional responsibility to uphold the values and priorities of our nation. We remain committed to fostering international collaborations that reflect mutual respect, strategic alignment, and shared national values.' IIM-Kozhikode reiterates its commitment to maintaining the highest standards of academic integrity and engaging with global institutions that resonate with India's strategic and educational values, the statement said.
Time of India
16-05-2025
- Business
- Time of India
IIM Kozhikode, Kudumbashree Mission launch project to support women-led enterprises
Kozhikode: IIM Kozhikode 's Laboratory for Innovation Venturing and Entrepreneurship (IIM-K LIVE) business incubator, in collaboration with Kudumbashree Mission , launched the 'SmartShree' project which aims to support and scale 150 micro-enterprise units led by Kudumbashree women entrepreneurs through capacity building and mentorship and institutional backing. The inauguration ceremony was attended by district collector Snehil Kumar Singh District alongside IIM-K LIVE executive director Ashutosh Sarkar and Kudumbashree district mission coordinator PC Kavitha. "Innovation is the need of the hour. We must move towards wealth creation through job creation. Initiatives like SmartShree are crucial for growing bigger and better through entrepreneurship," Singh said. 'SmartShree' aims to bring together IIM-K LIVE's robust entrepreneurial ecosystem and Kudumbashree's extensive grassroots network. The initiative is designed to catalyze sustainable growth, enhance local livelihoods, and foster a culture of innovation and entrepreneurship among women in Kerala, officials said. IIM-K director Debashis Chatterjee said that empowering women at the grassroots is not just economic reform, but a societal transformation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Are You Still Paying For Energy? Eco Savvy Quotes Learn More Undo "SmartShree is an expression of IIM-K's mission to democratize entrepreneurship and create a more inclusive future. We are proud to be part of this journey," he said. The selected enterprises span diverse sectors, including manufacturing, services, and food processing. Sarkar said that SmartShree reflects IIM-K's focus on inclusive entrepreneurship. "By equipping women at the grassroots with tools, knowledge, and market access, we are creating pathways for resilient and sustainable local economies. This initiative is central to our commitment to capacity building and social innovation," he added.
Time of India
25-04-2025
- Business
- Time of India
IIM-K launches four-year Bachelor of Management Studies programme at Kochi Campus
Kozhikode: The Indian Institute of Management Kozhikode (IIM-K) launched its first-ever full-time undergraduate degree programme—the Bachelor of Management Studies (Honours with Research) at the institute's Kochi campus . This four-year programme, BMS, is aimed at preparing a new generation of responsible, globally minded and innovation-driven leaders. The programme, which commences in the 2025–26 academic year, combines the rigour of management education with the richness of interdisciplinary learning. In addition to a major in Management, students can opt for stackable minors in fields such as Economics and Public Policy, Artificial Intelligence and Machine Learning, Psychology and Behavioural Sciences, Finance and Big Data, Liberal Studies and more. It will have an exchange semester, research opportunities, internships and a state-of-the-art futuristic curriculum blending contemporary and classical subjects taught by world-class faculty of IIMK. Debashis Chatterjee, director of IIM-K, emphasised the transformational vision behind the programme, "This undergraduate programme is a game-changer—not just for IIM Kozhikode , but for Indian higher education. It introduces management thinking to young minds at the right age, empowers them with interdisciplinary tools and shapes responsible, culturally aware leaders of tomorrow," he said. The admission process will begin with an aptitude test in June 2025, followed by interviews in July. The first cohort will commence classes in late Aug or early Sept.
