Prof Pradip Khandwalla | Former Director | IIM Ahmedabad | Author and Poet |
- Prof. Pradip Khandwalla is an organization theorist and a management expert by training.
- Born in Mumbai, India, he became a chartered accountant in 1964, did his MBA from Wharton School, US, his PhD from Carnegie-Mellon University, and then taught at McGill University in Montreal, Canada, for a few years.
Podcast
Overview
In the world of academia, there are towering leaders whose contributions leave an indelible mark. One such luminary is Prof. Pradip Khandwalla, former director of IIM Ahmedabad, renowned author, and influential poet. With a rich background rooted in a family of freedom fighters and social reformers, Prof. Khandwalla’s upbringing shaped his path towards education and knowledge. Join us as we delve into the remarkable life and achievements of Prof. Pradip Khandwalla, a true embodiment of leadership, wisdom, and creativity.
00:39- About Prof. Pradip Khandwalla and his journey.
- Prof. Pradip Khandwalla is an organization theorist and a management expert by training.
- Born in Mumbai, India, he became a chartered accountant in 1964, did his MBA from Wharton School, US, his PhD from Carnegie-Mellon University, and then taught at McGill University in Montreal, Canada, for a few years.
- His avid interest in India’s socio-economic transformation led him to return to India in 1975 to teach at the Indian Institute of Management, Ahmedabad (IIMA).
- He later held the L&T Chair in Organizational Behavior at IIMA and served as its director.
- He retired from IIMA in 2002. Khandwalla has authored over a dozen books, notably on the design of organizations, turnaround management, styles of management, effective management of state-owned enterprises, corporate greatness and excellent management of the government.
04:32- About organizational theory.
- Researchers and business professionals can use or create different approaches for understanding techniques that may help an organization meet its goals.
- Organizational theory is one way that professionals can study productivity and efficiency within businesses and bureaucracies.
- Understanding what organizational theory is, can help managers and other business leaders decide which approach to implement within their business or institution.
14:00- About the Indian Parta System.
- Parta means what will be the return to the pocket in the net.
- Parta is a system of establishing return on Investment based on Cost Management.
- Parta is the financial performance monitoring system for any organization which indicates Profit/ Loss on a daily basis.
- Taking the essence of this concept, the terminology is applied to a practical approach in costing and profitability assessment on a day-to-day basis.
22:20- Three levels of corporate goodness
- Actual profitability
- Customer loyalty
- Young people coming to the organization.
24:54- Key learning at IIM Ahmedabad.
- IIM is very socially committed. It is not just a business school, but identifies itself as a management school.
- All the directors have developed good core values in the institute. They had made faculty governance and articles of faith.
- No compromise on the quality of admissions.
- IIM never relied on government grants.
- Intolerant towards plagiarism.
- Protect your values.
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Profile
- Prof. Pradip Khandwalla is an organization theorist and a management expert by training.
- Born in Mumbai, India, he became a chartered accountant in 1964, did his MBA from Wharton School, US, his PhD from Carnegie-Mellon University, and then taught at McGill University in Montreal, Canada, for a few years.
- His avid interest in India’s socio-economic transformation led him to return to India in 1975 to teach at the Indian Institute of Management, Ahmedabad (IIMA).
- He later held the L&T Chair in Organizational Behavior at IIMA and served as its director.
- He retired from IIMA in 2002. Khandwalla has authored over a dozen books, notably on the design of organizations, turnaround management, styles of management, effective management of state-owned enterprises, corporate greatness and excellent management of the government.
