CRII and University of Chicago Booth School of Business sign a wide ranging MoU

After the momentous signing of the Memorandum of Understanding between CRII and the University of Chicago Booth School of Business, William Kooser (Associate Dean, University of Chicago Booth School of Business) accepts the Confederation Guild testimonial on behalf of Chicago Booth

Union Ministry of MSME, Government of India, being inducted into the Confederation Guild

Honourable Union MSME Minister Sh. Kalraj Mishra (second from right) accepting the CRII Guild testimonial in the presence of (extreme right) Bharath Visweswariah, Executive Director, UChicago Center, New Delhi, India, (extreme left) Kartik Narayan, Executive Director, CRII, and Param Khanna, Executive Director, CRII

Union Ministry of HRD, Government of India, being inducted into the Confederation Guild

(Centre to right) Honourable Union HRD Minister Dr. Ram Shankar Katheria, William Kooser (Associate Dean, University of Chicago Booth School of Business) and Abhilash Misra (Director, India & South Asia Outreach, University of Chicago Booth School of Business)

Foodpanda being inducted into the Confederation Guild

Foodpanda, represented by the Foodpanda India CEO Saurabh Kochhar (center), accepting the CRII Guild testimonial, in the presence of Kartik Narayan (left), Executive Director, Confederation of Retail Industries of India

PolicyBazaar being inducted into the Confederation Guild

PolicyBazaar.com, represented by co-Founder, CFO & COO Alok Bansal (right), accepting the CRII Guild testimonial, in the presence of Rushil Khanna, Executive Director, Confederation of Retail Industries of India

FabFurnish being inducted into the Confederation Guild

Ashish Garg, co-Founder FabFurnish.com, accepting the Confederation Guild testimonial on behalf of FabFurnish.com, in the presence of Param Khanna (left), Executive Director, Confederation of Retail Industries of India

 

The ‘I’ In ‘Team’ (Kenan-Flagler Business School)

Imagine you have a critical but complex business problem. You put together a cross-functional team — Harry from finance, Jane from marketing, Sydney from R&D, Patrick from HR and Catherine from sales – to address it. 

You give the group three months to develop recommendations and report back to you. They have a common goal, but the team could be derailed – or be less effective – if members fail to put team priorities ahead of their personal goals.

R&B Exclusive: Chicago Booth’s P. K. Chintagunta Discusses India’s E-commerce Industry With CRII’s Retail & Business

Joseph T. and Bernice S. Lewis Distinguished Service Professor of Marketing at University of Chicago Booth School of Business
Pradeep K. Chintagunta
Joseph T. and Bernice S. Lewis Distinguished Service Professor of Marketing at University of Chicago Booth School of Business

Professor Pradeep K. Chintagunta is the Joseph T. and Bernice S. Lewis Distinguished Service Professor of Marketing at University of Chicago Booth School of Business.

He is currently an advisory editorial board member of Marketing Science, apart from being the Editor of Quantitative Marketing and Economics. Named as Chicago Booth’s topmost professors by BusinessWeek, Professor Chintagunta is considered amongst the world’s leading experts in his field. He is the recipient of the Hillel J. Einhorn Award for Excellence in Teaching.

Professor Chintagunta fielded multiple queries from CRII’s Retail & Business recently and provided compelling responses on India’s e-commerce industry and the path it may follow in the coming future. Some excerpts of the insightful interview are provided below:

R&B Exclusive (CRII E-Talk Series): “Regulation Is Not Something We Should Be Worried About!” Saurabh Kochhar, CEO, Foodpanda (India)

Foodpanda India CEO
Saurabh Kochhar
Foodpanda India CEO

Foodpanda has been one of the leading, innovative disruptors in the global online food delivery value chain. Their differentiators have included not only their unique positioning, but also the speed with which they have replicated their business model across the globe.

The Germany-based Foodpanda first launched operations in Singapore in early 2012 and had already opened its operations in India by the end of that year. It has right now expanded to over 40 countries, with India being perchance the most important online marketplace for the Rocket Internet backed firm.

Kartik Narayan and Rushil Khanna from CRII’s Retail & Business met up with Saurabh Kochhar, CEO, Foodpanda India as a part of the CRII E-Talk Series.

R&B Special Feature: Empathy: The Brand Equity Of Retail (Harvard Working Knowledge)

Foundation Professor of Business Logistics at Harvard Business School
Ananth Raman
Foundation Professor of Business Logistics at Harvard Business School

Retailers can offer great product selection and value, but those who lack empathy for their customers are at risk of losing them, says professor Ananth Raman.

There’s a famous line from the movie The Godfather, which is often repeated in corporate settings: “This is business, not personal.” Ironically, though, that statement is actually bad business advice.

During the Consortium for Operational Excellence in Retailing (COER) conference held May 10-11 at Harvard Business School, professor Ananth Raman discussed the importance of empathy in customer-facing business.

R&B Special Feature: The Skills That Make Entrepreneurs Extraordinary (Stanford Graduate School of Business)

Eilene Zimmerman
Eilene Zimmerman

An author finds what it takes to be a successful entrepreneur…Five years ago, Amy Wilkinson was attending a birthday party in New York City when she looked around at the prominent guests and saw several well-known entrepreneurs.

They included the founders of Google, eBay, and Gilt Groupe.That got Wilkinson, a fellow in the White House Trade Office at the time, thinking. She wondered what had made these entrepreneurs successful when so many others had failed.

R&B Special Feature: Creating Value by Awakening a Sleeping Brand (China Europe International Business School)

Professor of Strategy and International Business; Director of CEIBS Research Centre for Emerging Market Studies
Klaus E. Meyer
Professor of Strategy and International Business; Director of CEIBS Research Centre for Emerging Market Studies

Is there ever anything to be gained from buying a brand that’s left for dead?

When I first read about Pearl River Piano, it was a story about an acquisition of a famous German piano maker named Ritmüller that helped Pearl River to advance in the premium segment. Yet, there was a little problem: Ritmüller was supposed to be from the city of Göttingen and even though I had lived there for five years, I had never heard the name. So, I called an expert on the German music industry, and he hadn’t heard about the company either. Now I was intrigued, and did what professors do when the facts don’t fit: I dug into the archives. It turns out the real story is much more interesting.