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Practice :: General Management
Making outsourcing decisions data-driven
Despite the prevalence of outsourcing in business today, the decision to outsource itself is often opaque. How should a business choose between outsourcing an activity or performing the same in-house? Intuitive arguments of core and non-core activities have dominated outsourcing decision making.
Professor Sourav Mukherji and Professor J Ramachandran of IIM Bangalore argue that analytical evaluation that considers risks such as knowledge spillover or poor performance by suppliers and transaction costs like searching, drawing and enforcing contracts is important for successful outsourcing. They present transaction cost economics as a method to generate data-driven decision rules for outsourcing.
Specialization and focus on a few activities is imperative for innovation in any organisation. How do managers decide which of the organisation’s activities should be conducted in-house and which should be purchased from the market?
Practice :: General Management
Leveraging informal networks
How often have you found, that your organizational chart and chain of command is not in a position to help you? And you have had to reach out to others outside your formal reporting structure for help or advice. Every organization, big or small has informal networks that are not mapped in any formal charts, yet are powerful resources to get things done.
Professor Suresh Bhagavatula of IIMB has used social network analysis to study the role of informal communication networks in organizations.
Practice :: General Management
Leveraging Informal networksHow often have you found, that your organizational chart and chain of command is not in a position to help you? And you have had to reach out to others outside your formal reporting structure for help or advice. Every organization, big or small has informal networks that are not mapped in any formal charts, yet are powerful resources to get things done.
Professor Suresh Bhagavatula of IIMB has used social network analysis to study the role of informal communication networks in organizations.
Insight :: General Management
Do women-owned businesses perform better?
There are over 1.3 million women-owned small businesses in India. Are these businesses significantly different from other small enterprises? Do these businesses perform better and what can we learn from them?
Professor Vishnuprasad Nagadevara of IIMB has studied the composition of these women-owned enterprises with a view to answer these questions and to understand what can be done to improve the effectiveness and performance of these enterprises. To read more, click here.
Viewpoint :: General Management
Should shareholders worry about corporate governance?
Corporate governance is the latest buzzword in government, business and investment circles after the scandal that rocked erstwhile Satyam Computers. While there is a wider appreciation of the legal consequences of poor governance, are there tangible benefits of good governance? Do financial markets factor in governance practices and reward good governance? Are different aspects of governance equally relevant for both large and small firms?
Professor N. Balasubramaniam and colleagues have studied the relationship between a firm's corporate governance and its market value. To review their study and findings, click here.