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Global CEOs take Indian lessons


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NEW DELHI: The Centre for Executive Education of the Indian School of Business and the Aresty Insbreastute of Executive Education at the Wharton School of the University of Pennsylvania, on Tuesday jointly addressed the media to highlight the benefits gained by the Wharton Fellows during the 'India Master Clbutt', an ISB and Wharton initiative.

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This programme is part of Wharton's top executive learning network to gain deep knowledge on India as an important emerging market and sourcing economy.

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The Indian School of Business and the Wharton School jointly designed the India Master Clbutt Programme spanning four days across two cities-Mumbai and Bangalore, involving a series of discussions with opinion leaders in different sectors and live case studies.

Speaking on the India Master Clbutt, Shyam Viswanathan, buttociate Dean of Executive Education at the ISB said, "The mission of the India Master Clbutt is to understand the market opportunities and outsourcing possibilities available in India and thereby apply them to other growing economies as well."

The Wharton Fellows is a 220-strong network of senior executives, Wharton faculty and leading experts, representing a diverse range of industries and countries.

Some of the participants in the India Master Clbutt are - Douglas Frosst, Executive Thought Leadership, Cisco Systems, Yoon Woo Lee, President & CEO, Samsung Electronics, Rajiv Yadav, Vice President Operations, Birlasoft ltd. Marcus Thompson, CIO, HSBC Private Equity, Gopal Shrikanth, Senior VP, Polaris Software Labs and others.

"We have made good use of this wonderful opportunity to mingle with the cr¸me' de 'la cr¸me of the Indian corporate society and also get inducted into the country's socio-cultural scene. The live case studies at Tata Motor Company and Hindustan Lever Ltd. gave us a good insight into things. There is amazing diversity, complexity, scale, contrast and tremendous challenges and opportunities both for Indian entrepreneurs and multinational firms," said Wharton Professor and Founder of the Fellows programme, Jerry Wind.

Over the last couple of days the Wharton Fellows have interacted with illustrious personalities like Gurcharan Das, noted columnist and former CEO of Procter & Gamble, Harsh Goenka of RPG Enterprises, Santrup Mishra of the Aditya Birla Group, K V Kamath of ICICI Bank, S Ramadorai of Tata Consultancy Services, Prabhu Chawla of the India Today Group, Dr Meena Kaushik, Quantum Market Research and others giving the Wharton Fellows an overview of India's cultural, social and political environment.

Day 2 of the India Master Clbutt entailed live case studies on manufacturing and marketing in India at Tata Motor Company and Hindustan Lever Ltd.

Senior executives from both the companies spoke at length about the Consumer Debt landscape in the country and also discussed the opportunities and challenges in hand.

Speaking of his experiences of the India Master Clbutt one of the Wharton Fellows, Marcus Thompson, Chief Investment Officer, HSBC Private Equity (Asia) Limited said, " The great thing about this programme is that I can get under the skin of India in a relatively short time and get a deeper understanding of the investment opportunities in the Indian market. This could actually have taken me months of close study."

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Remarking on the change that India is going through he said, "In my earlier visits I had encountered a sense of resignation of 'we have always been like this' but now I sense a huge optimism of 'we can do it'."

The Wharton Fellows will be leaving for Bangalore on Tuesday, where they will be visiting Infosys and Biocon- to learn more about the dynamics of the new economy enterprises.


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black globalization" article.. "The Sham Economy

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Global CEOs take Indian lessons