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
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