Learning from Corporate Failures 
Last date for registration: 08 Sep, 2017
End Date : 20 Sep, 2017
Early Bird Discount Date : 28 Aug, 2017
Residential Early Bird Fee(excluding GST) : Rs. 68,400
Non-Residential Fee(excluding GST) : Rs. 70,000
Non-residential Early Bird Fee(excluding GST) : Rs. 63,000
While case studies of successful businesses and organizations are covered extensively in strategy courses as well as the business media, there is limited information on how and why organizational decline and eventually failure occurs. This is not surprising as success stories are celebrated in corporations while there is great reluctance in reviewing or discussing failures. This is unfortunate as an examination of failures can often give great insights and learning points for managers and organizations.
Failures in organizations may be attributed to multiple reasons. These may include: inability of the organization to adapt to external changes, poor strategy formulation or execution, financial mismanagement, technology disruptions, non-market issues, unplanned contingencies, marketing failures, managerial hubris or ethical and governance deficiencies. This programme addresses the issue of business and organizational failure. Identifies different types of business failure and provides a framework for analyzing and dealing with multiple failures. Through the three days we will draw upon multiple perspectives, ranging from Industrial organizational theory, organizational ecology, and organization studies to emerging relationships between the non-market environment, strategy and organizational failure.
The programme uses a mix of cases, readings, lectures, videos and exercises in combination to enhance the participants understanding of the alternative models of strategy and organization in the context of success and failure. Some key elements of the coverage will include
- The Context and the Causes of Firm Failure
- Analyzing non-market environments
- Managing organizational decline and crisis
- Corporate Failure Prediction Models
Professor P. D. Jose did his post graduation from the Institute of Forest Management, Bhopal and is a Fellow of IIM Ahmedabad. He has done extensive research and consulting in the greening of Indian industry and related corporate governance issues. He teaches an elective course on Corporate Strategy and the Environment to post-graduate programme students at IIMB.
Professor Narasimhan’s areas of interest include management accounting, corporate finance and capital markets. He holds a Master’s Degree in commerce (Madras) and a Post-Graduate Diploma in financial Management (IFMR). He has obtained his Ph.D. from the University of Madras. He is also a member of Institute of cost and works Accountant of India. After serving in the industry for a brief period, he joined as a faculty member at the Institute for Financial Management and Research (IFMR), Chennai. Dr. Narasimhan has taught in several executive development programmes and published several articles and research studies in national and international journals and financial newspapers. His research paper also won the best Research paper award at the annual convention of AIMS held at Pune. He has also completed a study on Corporate Disclosure Practices in India sponsored under the FIRE project. He was also a member of a consulting team, which studied cash management in LIC, Organisational Structure of a state-level development bank, Costing systems of a transformer manufacturing company, Restructuring of state level small scale industries water supply project. His teaching and research interests are in the areas of capital markets, corporate finance and management accounting.
Programme Fee and Payment
INR 76,000/- Residential and INR 70,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.
Early Bird Discount
Nominations received with payments on or before 28-Aug-17 will be entitled to an early bird Discount of 10%.
- Early Bird Fee (Residential) INR 68,400/-(+ Applicable GST)
- Early Bird Fee (Non-Residential) INR 63,000/-(+ Applicable GST)
Please Note
All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme. Kindly do not make your travel plans unless you receive the letter from IIMB.
A certificate of participation will be awarded to the participants by IIMB.
- The programme fee should be received by the Executive Education Office before the programme commencement date.
- In case of cancellations, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.
- If a nomination is not accepted, the fee will be refunded to the person/ organisation concerned.