Great Lakes Institute of Management launches Center of Excellence in Retail Management

Center for Excellence in Retail Management is the 5thsuch center to be set-up by the B-School 

Great Lakes Institute of Management, a leading B-School in the country, launched a Center for Excellence in Retail Management during the Retail Summit in Mumbai. The center for Excellence was officially launched by A. Mahendran, Chairman, Mahendran Holdings Limited. With its tradition in promoting emerging trends in business, Great Lakes is set to provide thought leadership for retail industry in India and beyond. The establishment of the center was guided by some of the foremost retail academics and practitioner from India, Asia, Europe and USA.

Through the Center for Excellence in Retail Management, Great Lakes envisions to be a leader in India and beyond in cutting – edge retail and retail - related knowledge creation, dissemination and academics as well as industry application, provide thought leadership and educate the next generation of retailers from India and beyond. The center shall help companies understand and adopt global best practices, Co-create relevant research to deliver compelling competitive advantage, provide actionable knowledge to key managers to successfully deliver business objectives and create a framework for nurturing and developing high potential talent for business leadership.

Prof Bala V. Balachandran, Founder and Dean, Great Lakes Institute of Management said, “The objective of the Center for Excellence is to provide world class practices and to facilitate research, exchange of ideas, solutions to industry problems and offer guidance to leaders, managers and key policy makers. The Center will have a top- tier advisory council comprising of leading retailers, academicians, consultants and thought leaders.”

Speaking on the occasion Prof. Nitin Sanghavi, Director, Center for Excellence in Retail Management, Great Lakes said, “The center will launch various open and company specific programs, delivered by senior faculty from Great Lakes Institute of Management as well as leading consultants and academicians from around the world who have extensive teaching, research and worldwide consulting experience.”

Considering the retail industry, the second largest industry after agriculture, employing around 40 million people, Great Lakes has taken a dynamic step of setting up the center forecasting the need and future of the industry in the light of emerging economies. The center is set to groom management students into not only retail experts but also nurture them into fine leaders in the industry.


The Center of Excellence will be guided under the leadership of Prof. Nitin Sanghavi, who will take charge as the Director of the Center of Excellence in Retail Management. Prof. Nitin Sanghavi is one of the leading retail strategy experts in the world. He is professor of Retail Marketing and Strategy at Manchester Business School, and founder and director of MBS Retail Center. He will be joined by Prof. Sanjay Badhe leading, Retail Strategy Advisor, who will act as Deputy Director of the Center for Excellence in Retail Management.

Other centers of excellence of Great Lakes that provide cutting edge solutions in their respective industries are, 
·         Kotler - Srinivasan Centre for Research in Marketing
·         Union Bank Centre for Banking Excellence
·         Yale - Great Lakes Centre For Management Research
·         Center for Excellence Technopreneurship [CET]

About Great Lakes Institute of Management

Great Lakes Institute of Management is a leading B-school in India founded in 2004 by Prof. Bala V. Balachandran J.L. Kellogg Distinguished Professor of Accounting and Information Management Northwestern University, USA. The campus has been built on sprawling 27.5 acres and is LEED Platinum rated .The institute has academic alliances with Stuart Graduate School of Business USA, Yale University USA., Nanyang Technical University, Singapore and Bordeaux University to name a few. In a short span of 9 years since inception, it is ranked in the Top 10 B Schools of India in 2013 (Outlook &Business Today).

The institute offers a flagship one year Post Graduate Program in Management besides a Two year regular Post Graduate Diploma in Management. In addition, for Executives there are 2 part time programs to choose from besides a Global Executive MBA in Energy Management conducted in association with Bauer college, Houston Texas.
Great Lakes Institute of Management is guided by a Business Advisory Council chaired by Mr. Ratan Tata, and  comprises of corporate stalwarts like Mr. Jamshyd Godrej, Mr. S Ramadorai, Mr. Kumaramangalam Birla, Mr. Narayana Murthy to name a few. The Academic Advisory Council chaired by Dr. Bala V Balachandran includes world renowned management gurus including Dr. Philip Kotler, Dr. SeenuSrinivasanand Dr. AswathDamodaran amongst others.
Faculty from leading business schools such as Harvard, Stanford, Stuart, Kellogg and Florida teach at the institute.Chinese is a mandatory course for the students at Great LakesEminent personalities like Dr. Ratan Tata, Dr. Deepak Chopra, (Late) Dr. C.K. Prahalad, Dr. Y.V. Reddy, Dr. Philip Kotler, Dr. Finn E Kydland, Mr. Vivek Paul, and Mr. Rahul Bajaj have visited the institute and have addressed the students.

For Media contact:
Krishna Moorthy/Asad G. Pasha
Avian-Media, Chennai
9442191717/9943216959

krishna@avian-media.com/asad@avian-media.com
Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Mutual Fund Investment Tracing and Retrieval Assistant – MITRA – SEBI

Mutual Fund Investment Tracing and Retrieval Assistant – MITRA – SEBI   SEBI proposes MITRA to reduce unclaimed amount in mutual funds...