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: Introducing Something New? Where To Begin And How? (University of Texas)

Debbie Johnson
Debbie Johnson

Did you know that “introducing something new” is the definition of innovation? I would say the term innovation has become ubiquitous/popular/etc, but innovation itself is not recent. It’s what defines us as humans (the wheel, agriculture, steam train, Tesla…).

We admire people and companies that are innovative, from Apple and Google to Uber or Airbnb. So, too, the City of Austin is getting on the bandwagon. They devote resources in the form of a Chief Innovation Officer (Kerry O’Connor) and a small innovation department to tackle some of our most intractable challenges like traffic, affordability and our educational system.

Innovation can take many forms but there are three principles I learned in a recent workshop given by Humantific, the City of Austin’s consultant in this area. (I took some license with their terminology for ease of understanding.)

R&B Special Feature: Maximising Innovation With Diversity (INSEAD)

Assistant Professor of Entrepreneurship and Family Enterprise at INSEAD
Vikas A. Aggarwal
Assistant Professor of Entrepreneurship and Family Enterprise at INSEAD

Bringing people from different backgrounds together to work in teams can help generate new ideas, but creating diversity across teams can unlock even greater innovation.

Organisations in today’s era of hyper-competition are increasingly reliant on innovation to sustain a competitive advantage. This is particularly true for newly established start-ups, where ongoing innovation is fundamental to effective product market competition.

An important precursor to innovation is the ability to take knowledge from different areas and to recombine it in new and impactful ways. Teams are an important aspect of this process. Having people work in teams and sharing ideas can allow firms to create a more sustained pipeline of innovation than the “light-bulb moments of lone genius,” as noted by Aspen Institute CEO, Walter Isaacson. While the need for team-based innovation is widely acknowledged, less well understood is how multiple teams should be organised within a company in order to maximise innovation for the firm as a whole.

R&B Special Feature: The Puzzling Popularity Of Active Management

Evidence firmly suggests that for most investors it does not pay to seek the skills of an active manager. Yet the active funds industry remains large, with investors choosing to put far more of their financial assets in active rather than passive funds

Fund managers who actively pick stocks rather than passively follow an index of companies have long taken a beating. A long line of studies has shown that the majority of active mutual funds – weighed down by high charges and expenses – yield low returns relative to comparable passive funds. For instance, a study finds that in the past 23 years an aggregate portfolio of active equity mutual funds in the United States underperformed various benchmarks by about 1% a year.

R&B Special Feature: If Amazon Took Six Years To Break-Even, So Will They. [Will They?]

amazon
amazon

E-commerce’s fight against brick-and-mortar format is public enough. Especially with the rise in count of web-shoppers in India, dotcom outlets are fast becoming common nouns. But there is much left to overcome before they start making money

Too many cooks spoil the broth. Common wisdom tells us that it’s the “Too many” that is trouble. That’s precisely the problem with e-commerce in India today – “Too many”. The last two decades have seen a complete transformation in the Indian retail landscape. A whole new generation has moved from buying groceries from nearby mom-and-pop stores to supermarkets and convenience stores. High street shopping has given way to big, swanky malls.

PATEL ENTREPRENEURSHIP & INNOVATION CENTRE AT CRII

The Patel Entrepreneurship & Innovation Centre at CRII promotes the establishment of specialist cells in coordination with the government and industry that provide multi-level training programmes to micro, small and medium enterprises (MSME) with a focus on encouraging the growth of MSME entrepreneurial activities across the nation, and to provide support through the value chain – infrastructural, consulting and intellectual – for existing ventures.

These entrepreneurship development cells also coordinate with other departments/cells at CRII to support entrepreneurial ventures with funding, consulting and regulatory support.

CRII PRATYAYOJAN (Centre for Conferences, Meetings, Events & Delegations)

CRII Pratyayojan (Centre for Conferences, Meetings, Events & Delegations) plans annual calendars of national and regional CRII forums, meetings and interaction sessions – both at the domestic and foreign levels – between the government and industry players to enable a more structured coordination