INDIAN INSTITUTE OF MANAGEMENT

Issues-

 How to arrange quality faculty for many contemporary courses?

 Providing Spare time to the permanent faculty for taking
consultancy and other development work.
 Not able to productively tap the overseas faculty.
 Trying to attract overseas Indian faculty.
 The administration is bureaucratic.
 There is no value for the guest faculty and their efforts.
 Inflexibility.
Summary-
The core issue of the case is that the IIMs although create some of
the best managers but they are themselves using the worst
management practices. They do not walk the talk. There is rigidity
in the structure with no one willing to go beyond the set
procedures.

Strategy-

 Change in management outlook. The management and the

administration need to sit together and try to bring in flexibility
in the system. There should be scope for taking individual
decisions.
 If the institute wants to attract the best faculty from around the
world, they should be willing to provide the best incentives,
monetary and non-monetary as well. Accommodation,
transportation, meals, etc should be of international standards.
  Rather than just looking for Indian origin faculty, they should
call faculty from different countries and culture so as to bring a
international perspective in terms of teaching and understanding
of different cultures.
 IIM’s can start a new FPM in which the students will have a
contract to serve at IIM’s for at least 5 years. This program
should have theoretical components and the students should
dedicate half the time in consultancy work, development
projects, social initiatives etc.
 Students with requisite potential and interest in teaching should
be given direct admission to the FPM. This will help in creating
the required manpower.
 Video conferencing as a mode can be used to connect with
international faculty. It will also save on costs and provide a
larger base. Tie-up’s with top business schools can be done for
this.
 There should be a provision for senior industry people, under
which, those who are willing can pursue their doctorate from the
institute without leaving their jobs.

Learning-

 Organizations should be aware of their key assets (faculty in this

case) and work towards constantly developing those assets, so
that the operations and expansion of the organization is not
affected.
 Rigidity from the structure should be removed. It makes the
working of the organization difficult for internal as well as
external customers.