MANAGEMENT RESEARCH: NEWS, VIEWS & IDEAS

Views expressed in the blog are the personal views of the authors, not the views of Indian Institute of Management Kozhikode

Tuesday, October 22, 2013

PASCAL’S WAGER: A MEDIEVAL GOD VS. A MODERN GOD



Prof. Kausik Gangopadhyay

By Prof. Kausik Gangopadhyay

Blaise Pascal, a gifted French mathematician and physicist of the seventeenth century, was an interesting character. Working on his own, Pascal discovered most of the Euclidean Geometry in his early adolescence. By his early teens, he invented a calculating machine—with no less than 20 prototypes called “Pascalines” made—to perform all four arithmetic operations. Unfortunately, prohibitively high making cost of that device impeded the commercial success of this venture, patented by Pascal. Far from being an exhaustive set of Pascal’s scientific endeavours, these are merely illustrative of Pascal’s all-compassing genius!

The other side of Pascal’s character was his deep religiosity. In fact, bidding science adieu he turned to metaphysical pursuits at an early age of 31. The remaining eight years, he dwelled on the Christian philosophy and lived a life of “Renunciation, total and sweet”.  This is the time when he came up with a philosophical argument, now known as “Pascal’s Wager”, which is a gambler’s take on the basic question: “God is, or He is not”.  Unsurprisingly, Pascal was an avid gambler for quite some time in his earlier life.

Sunday, October 20, 2013

IIMK RESEARCH SEMINAR BY PROF. P V ARAVIND

Prof. P V Aravind (Delft University of Technology, Netherlands) delivered a very interesting talk entitled "Energy, Renewable Energy & Fuel Cells" at IIMK on 18th October. According to Prof. Aravind, fuel cells are versatile energy generation solutions that can use a variety of fuel sources including natural gas, bio-gas from waste, ... and can thus be a component of the energy generation mix for the future.

IIMK RESEARCH SEMINAR BY PROF. NILAY YAJNIK


Prof. Nilay Yajnik of  NMIMS Mumbai delivered a very interesting talk entitled "Global Virtual Teams and their Relevance in Management Education" at IIMK on 15th October. According to Prof.  Yajnik, working in Global Virtual Teams has now become a standard practice in several business organizations.

Saturday, October 12, 2013

ERUDITION: THE LOST CREED



By Prof. Kousik Guhathakurta

Prof. Kousik Guhathakurta
I was flipping through the pages of a reasonably fat book when a student entered my office for some usual reason (which could be anything between a request for reconsideration of evaluation and a genuine academic clarification). I do not quite remember what he exactly wanted and how I reacted. That is neither interesting nor too important. What is definitely interesting and what I definitely remember is what followed the initial exchanges.  His eyes fell on the fat volume in my hand and his looks changed to one that showed a mixture of surprise, anxiety and may be even disgust! He could not help himself asking “What is that book, sir?” I can assure you of his vision –he could see exactly what the book was. Nor was he particularly perturbed with the size- B-school boys are exposed (I only said exposed) to fat books also. What seemed to disturb him was the title of the book- “The Origin and Development of the Bengali Language”. If you still have not gauged his exasperation let me also tell you that I happen to be on the faculty of Finance.

Tuesday, October 8, 2013

DO INDIAN B-SCHOOLS MAKE THEIR GRADUATES SUSTAINABILITY-SENSITIVE?



Prof. Keyoor Purani
By Prof. Keyoor Purani

As the large corporations, the world over, jostle to find a place in various sustainability rankings having realized that the stakeholders are getting more and more inclined to ‘clean & green’ capitalism, sustainability is on the top agenda for most companies. Business performance measured by triple bottom-line demand complete paradigm shift in how an organization functions asking for a new mind-set and newer models of doing business.

Are business schools in India preparing their young MBAs for these changes in the business world? Are Indian b-schools aligning their curricula to the changing demands of the employers who hire their graduates? If we have to evaluate leading Indian business schools on their ‘compliance’ to provide sustainability-sensitive graduates, what kind of picture is likely to emerge? Our recent research (with Daragh O’reilly and Sunil Sahadev) attempt to explore these questions as we prepare a roadmap for business schools to bring sustainability in their curricula as part of a project funded by the British Council.