IIM Indore gets new Director from IIM Bangalore

In what might be a big boost for the One year MBA (EPGP) programme at IIM Indore, Rishikesha T. Krishnan from IIM B has been appointed the Director at IIM Indore. Rishikesha is also a visiting fellow at Indian School of Business which popularized the One year MBA in India and which offers the programme as its flagship offering.

Prof. Rishikesha is an IIT-Kanpur and Stanford University post graduate. At IIM B, Rishikesha is Professor of Corporate strategy and policy. He joined IIM-B in May, 1996.

With this the much debated search of the new Director of IIM Indore comes to a close.

The Times of India reports that sources said that Krishnan has accepted the offer to join as director of IIM I. However, the institute is yet to receive the official confirmation from the ministry of human resource and development. Speaking to the paper, Krishnan said, “I have received communication of approval from the ministry but I am yet to recieve the appointment letter.” When asked about his joining at the institute, he said, “The dates will be given by the ministry and I will follow it.”

According to the TOI, Krishnan’s joining orders can come anytime as the tenure of existing director N Ravichandran had expired in November last. Though he got extension of three months due to controversy over the director search panel, his relieving orders are likely to come shortly.

Highlights from Prof. Rishikesha’s career:

• Conferred with ‘Thinkers 50 India Special Innovation Award’ in August 2013
• Krishnan along with Vinay Dabholkar has co-authored book titled ‘8 Steps to Innovation: Going from Jugaad to Excellence‘ in March 2013. The book offers a unique eight-step process for creating a systematic innovation capability, which can be transplanted across the board to any business or region. Management thinkers who have previously made it to the definitive list of 50 thinkers include Nirmalya Kumar, Gurcharan Das, Kiran Karnik, Vineet Nayyar, Nandan Nilekani, Arun Maira and Deepa Prahalad.
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• His book ‘From Jugaad to Systematic Innovation: The Challenge for India‘, published in February 2010, identified the challenges faced by Indians in enhancing industrial innovation and proposed an agenda to enhance innovation output.
• Professor Rishikesha T Krishnan has been a member of committees set up by the Government of India, the Confederation of India Industry and the National Association of Software and Service Companies related to innovation in India.

Earlier, on October 9, the five-member director search panel had held an interaction session with the short listed candidates in New Delhi. Five short-listed candidates including incumbent director N Ravichandran, Rishikesh T Krishan, Shailendra Singh, D K Srivastava and Jitendra Kumar interacted with the panel after which the Prime Minister’s Office (PMO) has given clearance to Krishnan name for the new director of IIM-I.

Link to the complete report in TOI