Nestlé India Executive Board accepting the CRII Most Trusted Brand recognition

At a special session, the Executive Board at Nestlé India Ltd, led by CMD Suresh Narayanan (centre), received the CRII Most Trusted Brand Award from CRII Guild Members, including Abhilash Misra (Director, India and South Asia Outreach, Chicago Booth) and Anupam Kaul (Head, Institute of Quality, Confederation of Indian Industries); Nestlé India India was assessed as being amongst the top-three most-trusted consumer brands on quality in the FMCG industry in the CRII Annual National Consumer Survey; during the ceremony, Nestlé India was also inducted into the esteemed CRII Guild

Dabur India Ltd accepting the CRII Most Trusted Brand recognition

Sunil Duggal, Dabur CEO (second from right) and Byas Anand, Head Communications, Dabur India, accepting the CRII Most Trusted Brand Award, after Dabur India was assessed as being amongst the top-three most-trusted consumer brands on quality in the FMCG industry in the CRII Annual National Consumer Survey; during the ceremony, Dabur India was also inducted into the esteemed CRII Guild

Hindustan Unilever Ltd awarded and inducted into the CRII Guild

After the incorporation of HUL into the CRII Guild, Rajeev Batra, Group Head, Corporate Affairs, HUL, addressing the CRII board on behalf of HUL Chairman and Managing Director, Sanjiv Mehta, while accepting the CRII Most Trusted Brand Award; HUL was assessed as being amongst the top-three most-trusted consumer brands on quality in the FMCG industry in the CRII Annual National Consumer Survey

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

 

R&B Special Feature: Getting Things Done: How Does Changing The Way You Think About Deadlines Help You Reach Your Goals? (University of Toronto)

Toronto – From doing yard work to finishing up the last few classes required for a college degree, consumers struggle to get things done. According to a new study in the Journal of Consumer Research, the way consumers think about deadlines can determine whether or not they start tasks and accomplish their goals.

“Our research shows that the way consumers think about the future influences whether they get started on tasks. In particular, if the deadline for a task is categorized as being similar to the present, they are more likely to initiate the task,” write Prof. Dilip Soman of the University of Toronto’s Rotman School of Management and Prof. Yanping Tu of the University of Chicago’s Booth School of Business.

R&B Special Feature: For Career Growth, Take Challenging Assignments (Thunderbird School of Global Management)

Thunderbird School of Management
Michael Seaver
Thunderbird School of Management

On July 10th, Thunderbird alumnus Jon Kailey ’76, retired Director of International Business Development at Owens Corning Building Materials, visited campus and gave a talk entitled “Corruption: Corporate and Citizen Costs.” Mr. Kailey served in that capacity from 1979 – 2012 and lived outside the United States for 18 years in Saudi Arabia, Chile and Mexico. At the time of his retirement, his passport had 192 pages, visits to all seven continents, and he spent time in over 70 countries. Kailey is a classic T-bird.

Although his interactive talk allowed those in attendance to relive and ask themselves “What would I have done?” in many of the cross-cultural situations he encountered, I remember one thing he said quite clearly. When asked by a student how to best leverage a Thunderbird degree and a desire to work in a variety of places globally, Kailey responded by saying, “Take assignments no one wants. In short order, you’ll become indispensable.” Sage advice, I’d say.

R&B Special Feature: George Foster: Are Startups Really Job Engines? (Stanford Graduate School of Business)

Lee Simmons
Lee Simmons

Entrepreneurship can be personally rewarding and good for the economy, if we wipe the stardust from our eyes. Everybody wants to be an entrepreneur… The myth of footloose 25-year-olds changing the world while incidentally becoming deliriously rich has intoxicated a generation. And governments are eagerly handing out tax breaks to help them get started. After all, those new companies are engines of economic growth and job creation, right?

Well, maybe, says Stanford Graduate School of Business professor George Foster. He suggests that policymakers and would-be tycoons alike could do with a sobering belt of reality. In a new multi-country study, he finds that most startups never take off — and among those that do, setbacks destroy a sizable share of the employment and revenue gains in the sector.

R&B Exclusive (CRII E-Talk Series): “It Has Taken A Lot Of Effort To Attain A Healthy Relationship With IRDA!” Alok Bansal, Co-Founder, PolicyBazaar

Co-Founder, PolicyBazaar
Alok Bansal
Co-Founder, PolicyBazaar

PolicyBazaar is India’s leading and largest online insurance portal, with a close-to-monopoly online market presence across the nation. PolicyBazaar was the first mover in the Indian online insurance space and now offers policies in both the general and life insurance areas.

The Gurugram-based PolicyBazaar, started in June 2008, now has close to 2000 employees across India and has already started diversifying into related fields, like offering investment options for the retail community. Param Khanna from CRII’s Retail & Business met up with Alok Bansal, Co-Founder, PolicyBazaar as a part of the CRII E-Talk Series. Presented here are some interesting excerpts from the interview…

R&B Special Feature: The Connected Consumer (Tuck School of Business)

Former Professor at Tuck School of Business
Yaniv Dover
Former Professor at Tuck School of Business

Yaniv Dover says a product’s early sales data may reveal how consumers influence the buying decisions of others.

Picture a tired hiker stopping to rest beneath a tree on a windy day. Before she sits down, she looks up to see if there are any loose branches the breeze is likely to dislodge. Just by studying the way a branch moves in the wind, she may observe how strongly connected to the tree it is and the likelihood that a gust of wind may cause it to fall on her head.

R&B Special Feature: Higher Emotional Intelligence Leads To Better Decision-making (University of Toronto)

The anxiety people feel making investment decisions may have more to do with the traffic they dealt with earlier than the potential consequences they face with the investment, but not if the decision-maker has high emotional intelligence a recent study published in Psychological Science suggests.

The study shows that understanding the source and relevance of emotions influences how much sway they have over individuals’ decision-making and can affect the willingness to take risks.