ISB Students' Recommendation Accepted at World Bank’s Brussels Meet

ISB Students' Recommendation Accepted at World Bank’s Brussels Meet

A recommendation made by students of the ISB has been voted for presentation at the World Bank Meet being held at Brussels today. Students from the ISB were participating in an international video conference organised by the World Bank.

One of the recommendations made by the ISB students was the use of technology effectively to combat corruption and improve governance. This was voted for presentation at the World Bank’s Brussels Meet and will help enrich the Agenda by representing the voice of leading business schools and future business leaders. Further, the recommendations generated from this global consultation will enable the leaders of today to hear the ideas and perspectives of the leaders of tomorrow.

Speaking about his group’s proposal, Shivanand Sinha, student of Class of 2007 at the ISB, said, "India is a technology capital of sorts today, and hence, we focussed on how to use technology effectively. We debated on the innovative ways of combating corruption by empowering the common man by giving him a two-way communication device - the mobile phone."

The ISB students came up with the following three recommendations: -

Private sector to set examples and be role-models to public and civic groups on fighting corruption

In this regard, we have numerous examples in India such as Bangalore Agenda Task Force for urban governance and E-Choupal providing market information to rural farmers

Leveraging technology as a medium of disintermediation to fight corruption

Disintermediation helps discourage corruption and intermediation propitiates corruption

Electronic pathways, such as cell-phones, have a huge potential in providing in whistle-blowing instances of corruption

Empowerment of the private sector entity

Form associations to voice concerns of administration and state-capture corruption

Provide incentives to private enterprises to be part of associations

Harness the "Power of One"

Next

Contributed by -
Ms. Bhuvana Ramalingam,
Director - Communications,
Indian School of Business, Hyderabad.

MBA Alumni \| MBA Students \| MBA Aspirants \| MBA Forums