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How IIM Calcutta Fared in Thought Leadership in 2009-10

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How IIM Calcutta Fared in Thought Leadership in 2009-10
Convocation Speech by Ajit Balakrishnan, Chairman, Board of Governors, IIM Calcutta


In a rare look at India's Small and Medium industrial companies who collectively produce 40% of the industrial output of our country, Prof. B. B. Chakrabarti, presented a paper titled, Capital Structure of SME's - a Puzzle that Merits Attention: The Case of India,

based on a ten-year data set of 1300 such companies and presented at the West Lake International Conference on Small & Medium Business held at Hangzhou, China in October, 2009. What is exciting about this paper is that it was produced collaboratively with a business organization, Bitscrape Solutions and is hopefully a sign of more such collaborations that will come in the future.

Banks wooing all of us through SMS barrages on our mobile phone, television advertising, and advertising in newspapers and billboards is a feature of India's new landscape of a hyper competitive consumer banking scene. Yet , there are few studies on how do Indian consumers judge service quality of banks. Prof. Koushiki Choudhury of Marketing Group took a shot at this and her paper, Exploring the Dimensionality of Service Quality: An Application of TOPSIS, was presented at the 4th International Conference on Services Management at Oxford Brookes University, Oxford, U.K. May, 2009.

Complete flexibility in allocating products to manufacturing capacity based on realized demand is the holy grail of modern manufacturing. However, this kind of 'total flexibility' where all plants can produce all products can be a costly solution. Could there be an optimum combination of plants and products that maximizes the ability to meet demand and at the same time minimizes various types of costs? Prof. Ashis K. Chatterjee of Operations Management Group demonstrates how this can be modeled and his paper, Benefits of Partial Product Flexibility, was presented at the 23rd European Conference on Operational Research, Bonn, Germany in July, 2009.

Signaling a new class of studies where our professors collaborate with those of international universities, Prof. Rahul Mukherjee of our Operations Management Group, collaborated with Prof. Hong Chang of Chosun University, Korea in presenting a paper, Highest Posterior Density Regions Based on Empirical-Type Likelihoods: Role of Data-Dependent Priors, at New Zealand Statistical Association Conference at Victoria University of Wellington, New Zealand in September, 2009. This paper has since been accepted for publication in the prestigious Journal of Statistical Planning and Inference.

Prof. Saibal Chattopadhyay, of the Operations Management Group also presented a paper, Exponential Clinical Trials: Sequential Comparison under Asymmetric Penalty at the same New Zealand Conference.

Professor Bodhibrata Nag's book titled "Optimal Design of Timetables for Large Railways: a framework to maximise schedule robustness and minimise resource deployment, using a multi-objective mathematical model" has been published by VDM Verlagsservicegesellschaft mbH, Germany in February 2010.

Dealing with the demand uncertainties of short life cycle products such as fashion goods have always posed a challenge. Prof Balram Avitatthur, of our Operations Management Group with his co-authors, developed a mathematical model to do deal with the associated procurement and transportation discount structures and this paper has been accepted for publication in The International Journal of Production Economics, from Elsevier.

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Contributed By-
Aloke Guin,
IIM, Calcutta.

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