XLRI Press Releases April 2015

XLRI holds 13th Graduation Ceremony --------------------------- 1
XLRI to hold 13th Graduation Ceremony on 11th April, 2015---- 3
XLRI organises 2nd Business Ethics Conference ---------------------- 5
XLRI to Host 2nd Business Ethics Conference ------------------------- 8
XLRI holds 13th Graduation Ceremony of Executive Diploma
Programmes
615 students of XLRI’s Virtual Interactive Learning (VIL), Executive Diploma
in Human Resource Management (India & Dubai), PGC in Entrepreneurship
Management and Agri-Business Management Programmes receive their
graduating certificates and medals
11th April, 2015 – XLRI- Xavier School of Management, one of India’s premier B-School,
today organized the 13th Graduation Ceremony for students of Executive Diploma
Programmes at the Tata Auditorium, XLRI campus, Jamshedpur.
The event was graced by Mr. Ajay Kaul, Chief Executive Officer, Jubilant Food Works Ltd., Fr.
E Abraham S.J., Director of XLRI, Dr. Pranabesh Ray, Dean - Academics at XLRI, Dr. Ashis
K. Pani, Associate Dean, VIL Programmes at XLRI and other dignitaries.
Mr. Ajay Kaul delivered the Graduation Address at the event.
On this significant day, 615 students of XLRI’s various Executive Diploma Programmes
including 493 students of Virtual Interactive Learning Programmes (108 students of
Postgraduate Certificate in Business Management - Batch 23; 147 students of Postgraduate
Certificate in Business Management - Batch 24; 113 students of Postgraduate Certificate in
Human Resource Management - Batch 15) and 125 students of Postgraduate Certificate in
Human Resource Management - Batch 16), 16 students of Agribusiness Management
Programme, 36 students of Executive Diploma in Human Resource Management
(EDHRM- India), 8 students of Executive Diploma in Human Resource Management
(EDHRM- Dubai) and 62 students of Post Graduate Certificate in Entrepreneurship
Management Programme received their graduating certificates and medals.
At the event, Gold Medals sponsored by Hughes Communication India Ltd (HGIL), XLRI’s VIL
Programme technical partner were presented to 1st rank holders of the VIL Programme. Anup
Kaushal and Balakrishnan Warrier (1st ranks - PGCBM – 23), Ansuman Behera (1st rank PGCBM – 24), Arnab Kumar Sanyal (1st rank - PGCHRM – 15) and Amar Nath Pathak
(PGCHRM – 16) were awarded the medals.
Congratulating the outgoing students, Dr. Ashis K. Pani, Associate Dean, VIL Programme
said, “Follow your passion, stay true to yourself, don’t give up trying to do what you really want
to do, have the courage to pursue them”.
1
This year 2 new batches for Business Management - “PGCBM-28” and Human Resource
Management - “PGCHRM- 20” will be introduced in the month of July through the HCIL
platform.
Fr. E Abraham S.J., Director of XLRI commented, “XLRI with its singular vision of Magis,
i.e., pursuit of excellence, focuses on three areas- academic excellence, personal values and
social concern. In the era, where time is a major constraint and up gradation being the need for
working professionals, XLRI has been providing various programmes for the working executives.
Besides the VIL programmes, XLRI also conducts several Management Development Programs
(MDPs) for Corporates and their executives. We have offered few successful eMDP Programmes
(Global eMDP Programme for Nigeria, GMP for Apollo Hospitals etc.) in the past. Recently, we
have launched an eMDP Programme on HRD in collaboration with Education Lanes of Tech
Mahindra. Simultaneously, we are exploring few other Programmes in collaboration with NIIT
Imperia, TalentEdge, ICFL etc. as technical partners. With these multiple programmes we aim to
serve diverse sections of professionals across many industry sectors.”
About XLRI:
XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in
India founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur
(www.xlri.ac.in). Over the last six decades, the institute has grown into a top-ranking business
management school of international repute with a wide portfolio of management programs and
research publications. Its alumni are spread around the globe and have demonstrated responsible
business leadership in their organizations. XLRI continually strives to contribute its mite to the
professional growth and management of numerous organisations and institutions across industry
sectors.
2
XLRI to hold 13th Graduation Ceremony of Executive Diploma
Courses on 11th April, 2015
615 students of XLRI’s Virtual Interactive Learning (VIL), Executive Diploma
in Human Resource Management (India & Dubai), PGC in Entrepreneurship
Management and Agri-Business Management Programmes to receive their
graduating certificates and medals
10th April, 2015 – XLRI- Xavier School of Management, one of India’s premier B-School, is
all set to hold the 13th Graduation Ceremony for students of Executive Diploma
Programmes on 11th April, 2015. The event is to hold at the Tata Auditorium, XLRI campus,
Jamshedpur.
The event is to be graced by Mr. Ajay Kaul, Chief Executive Officer, Jubilant Food Works Ltd.,
Fr. E Abraham S.J., Director of XLRI, Dr. Pranabesh Ray, Dean - Academics at XLRI, Dr.
Ashis K. Pani, Associate Dean, VIL Programmes at XLRI and other dignitaries. Mr. Ajay Kaul
will deliver the Graduation Address at the event.
On this significant day, 493 students of XLRI’s Virtual Interactive Learning Programmes
including - 108 students of Postgraduate Certificate in Business Management (Batch 23); 147
students of Postgraduate Certificate in Business Management (Batch 24); 113 students of
Postgraduate Certificate in Human Resource Management (Batch 15) and 125 students of
Postgraduate Certificate in Human Resource Management (Batch 16) will receive their
graduating certificates and medals.
Dr. A K Pani, Associate Dean, XLRI VIL Programmes remarked, “The Virtual Interactive
Learning (VIL) earlier known as Satellite programmes provide working professionals with the
opportunity of formal learning and help gain upgraded knowledge on the recent trends in
Management at a convenient time schedule from various locations of choice without disrupting
their professional work-schedule. Presently around 615 students are pursuing the PGCBM and
PGCHRM programmes through various study centers across India. Apart from the technical
collaboration with Hughes Communication India Ltd (HCIL), from this year the institute is also
offering the Postgraduate Certificate Programmes (PGCBM 27 & PGCHRM 19) through its new
technical partner, “UCS” which focuses on and specializes in providing unified conferencing
and collaboration services. Since the inception of such Programmes, we have seen around 5,026
students graduating from the various VIL Programmes. Presently there are 128 (Hughes- 88 and
UCS-40) study centers across the country.
This year 2 new batches for Business Management - “PGCBM-28” and Human Resource
Management - “PGCHRM- 20” will be introduced in the month of July through the HCIL
platform.
3
Besides, 16 students of Agribusiness Management Programme, 36 students of Executive
Diploma in Human Resource Management (EDHRM- India), 8 students of Executive Diploma in
Human Resource Management (EDHRM- Dubai) and 62 students of Post Graduate Certificate
in Entrepreneurship Management Programme will also receive their graduating certificates and
medals.
Fr. E Abraham S.J., Director of XLRI commented, “XLRI with its singular vision of Magis,
i.e., pursuit of excellence, focuses on three areas- academic excellence, personal values and
social concern. In the era, where time is a major constraint and up gradation being the need for
working professionals, XLRI has been providing various programmes for the working executives.
Besides the VIL programmes, XLRI also conducts several Management Development Programs
(MDPs) for Corporates and their executives. We have offered few successful eMDP Programmes
(Global eMDP Programme for Nigeria, GMP for Apollo Hospitals etc.) in the past. Recently, we
have launched an eMDP Programme on HRD in collaboration with Education Lanes of Tech
Mahindra. Simultaneously, we are exploring few other Programmes in collaboration with NIIT
Imperia, TalentEdge, ICFL etc. as technical partners. With these multiple programmes we aim to
serve diverse sections of professionals across many industry sectors.”
About XLRI:
XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in
India founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur
(www.xlri.ac.in). Over the last six decades, the institute has grown into a top-ranking business
management school of international repute with a wide portfolio of management programs and
research publications. Its alumni are spread around the globe and have demonstrated responsible
business leadership in their organizations. XLRI continually strives to contribute its mite to the
professional growth and management of numerous organisations and institutions across industry
sectors.
4
MEDIA RELEASE
‘CORPORATE FRAUDULENT BUSINESS PRACTICES HAVE PRECIPITATED CASH CRISES
AND SUBSEQUENT BANKRUPTCIES’
Fr. Ozzie Mascarenhas JRD Tata Chair Professor of Business Ethics at XLRI said at the 2nd
Business Ethics Conference organized by XLRI
April 17, 2015: Ethics a much felt need by Corporate India and the Country at Large, to replace the
existing ways of doing business and adopting sustained Ethical ways. With the aim to discuss some of
the most pertinent questions related to Ethics and its significance in today’s business scenario , XLRI Xavier School of Management, one of India’s premier B-Schools, in collaboration with XLRI Alumni
(Mumbai Chapter) today organized the ‘2nd Business Ethics Conference’ in Mumbai.
The event was inaugurated by Fr. E Abraham, S. J. (Director of XLRI), Fr. Ozzie Mascarenhas, S.J. (JRD
Tata Chair Professor of Business Ethics at XLRI and founder of XLRI Ethics Research Center - XLERC), and
key note address was delivered by Mr. Mukund Rajan (Brand Custodian, Member, and Group
Spokesperson - Group Executive Council, Chief Ethics Officer, Tata Sons) in presence of other
dignitaries.
“Given XLRI’s Jesuit background as an institution with grounding in social justice, we have always stressed upon
the importance of pursuing an ethical code of conduct both in the workplace and in the business world. We
believe that no management education curriculum is really complete, unless and until the students are instilled
with a set of enduring values - that are indispensable ingredients for any aspiring business leader in today’s
world. It is for this reason that a core course on “Managerial Ethics” is compulsorily offered to all our students at
XLRI since early nineties,” remarked Fr. E Abraham, S. J. Director of XLRI.
Mr. Mukund Rajan, Brand Custodian, Member, and Group Spokesperson - Group Executive Council, Chief
Ethics Officer, Tata Sons said, ‘’India needs to create a positive environment for whistle blowers since
anonymity is a concern. We would have to adopt similar policies followed in developed economies where whistle
blowers are considered an essential aspect of corporate governance.’’
Fr. Ozzie Mascarenhas, S.J. JRD Tata Chair Professor of Business Ethics at XLRI and founder of XLRI Ethics
Research Center (XLERC) and the host of the event said, “Ethics deals with human behavior and is currently
reckoned as a responsible action program for the betterment of individuals, groups, organizations and societies.
Ethics empowers us to chart and live a new value-laden direction in life. It becomes relevant wherever people
interact and function together. Hence, every field of business such as planning and strategy, accounting, finance,
human resources management, business law, marketing, business research, and production management
involves ethical issues and challenges”.
“Most corporate failures today reflect low levels of wisdom and phronesis, low level of ethical maturity, and
often, a badly trained conscience. In the past two decades, corporate fraudulent business practices have
precipitated cash crises and subsequent bankruptcies - consider Enron, WorldCom, Global Crossing, Qwest
Communications, and Tyco; Satyam, 2G, 3G, CWG and Sahara. Organization that stays ethical in all its products
5
and services will have corporate advantage that translates to higher revenues, market share, profitability, and
market capitalization,” he remarked.
“The researches of XLREC focus on major classic and modern ethical concepts, constructs, theories, paradigms,
models, strategies, cases, and best practices in the areas of basic ethics research and applied ethics research.
Specific soft skills in ethics research include those of executive ethical thinking, understanding and explaining,
executive moral reasoning, ethical reasoning, rationalizing, and decision-making, ethical problem-identification,
formulation, specification, alternative solutions valuation and final selection of best solutions, and ethical
planning, strategizing, choosing, implementation, monitoring, prediction and control,” Fr. Mascarenhas further
added.
Fr. E Abraham, S. J. Director of XLRI, remarked, “Ethics is a subject which most people and organisations will
want to discuss and strive to achieve, for in doing so, they will be addressing the Interests of all their
stakeholders. After this conference we look forward to host many similar Conferences to discuss global and
national issues concerning ‘Corporate Ethics that lead to Corporate Advantage'.”
The Conference included various panel sessions on topics such as:
o Relevance of Business Ethics: Moving beyond Compliance to a Way of Life
o Shades of Grey – Failure of Ethics in organizations, and Remediation points from Policy,
Organization and Behavioral angles
o Ethics as a Sustainable Competitive Advantage – Best practices for Sustainability
o Operationalizing Ethics in Business Models- Lessons for Social Enterprises
o Future of Corporate Ethics – Building an Implementable Framework for Organizations through
Corporate Entrepreneurship
Among the panelists at the conference were – Mr. Amit Chopra(Managing Director, Thermo Fisher Scientific,
India), Mr. Arvind Vasudeva (CEO Formulations, Aurobindo Pharma), Mr. K Ramkumar (Executive Director on
the Board of ICICI Bank & President of ICICI Foundation) , Mr. K S Kumar (VP, Human Resources, Castrol India
Ltd), Ms. Meera H Sanyal (Chairperson, Urban development Committee at Indian Merchants’ Chamber), Mr.
Michael P Pinto (Former Secretary, Shipping Ministry, GoI), Mr. Milind Sarwate (Founder and CEO, Increate
Value Advisors LLP), Mr. Parshuram Date (Chief Risk Officer, Chief Internal Auditor and Chief Ethics Counselor,
Tata Power), Mr. R Ramakrishnan (Vice Chairman, Joint MD and Group CEO, Polycab Group), Mr. Raman
Madhok (Managing Director, CMI FPE Ltd & CMI Group Head – South Asia), Mr. Royston Braganza (CEO,
Grameen Capital India) , Mr. Saumen Chakraborty (President, CFO and Global Head of IT & BPE at Dr. Reddy’s
Laboratories), Mr. Srinivas Kantheti (Member, Group Management Center, Wadhawan Global Capital,) Mr.
Suresh Gupta (Executive Chairman of Huhtamaki-PPL Ltd.) and Ms. Swati Rustagi (ex- Executive Vice President &
Head Global Human Resources, Glenmark Pharmaceuticals).
The conference has been sponsored by Tata Group supported by Tata Steel and Tata Power with Reckitt
Benckiser as the Co-Sponsor.
About XLERC
Founded in May 2014 under the auspices of the JRD Tata Chair of Business Ethics, XLRI Ethics Research Center
(XLERC) aims at creating an ethics research-based knowledge center where both industry and academia will be
able to find and reflect on resources in business ethics and allied issues, disseminating through Management
Page | 2
6
Development Programs (MDPs), Management Training Programs (MTPs), and Faculty Development Programs
(FDPs) on business ethics, ethics research and teaching ethics at organizations and educational institutions. It
will also organize Ethics Research Conferences periodically in metropolitan cities of India and abroad, in active
collaboration with XLRI Alumni Chapters of those cities.
About XLRI
XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in India founded in
1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur (www.xlri.ac.in). Over the last six decades, the
institute has grown and ranks 1st in the country among the private Business Schools of international repute with
a wide portfolio of management programs and research publications. Its alumni are spread around the globe
and have demonstrated responsible business leadership in their organizations. XLRI continually strives to
contribute its mite to the professional growth and management of numerous organizations and institutions
across industry sectors.
Page | 3
7
XLRI to Host 2nd Business Ethics Conference
9th April, 2015: XLRI - Xavier School of Management, one of India’s premier B-Schools, in
collaboration with XLRI Alumni (Mumbai Chapter) is all set to organize the 2nd Business
Ethics Conference on 17th April, 2015 at ITC Grand Central, Mumbai.
The theme of the conference is “Leveraging Ethics for Sustainable Corporate Advantage”.
Conceptualized and organized by the XLRI Ethics Research Center (XLERC), the one-day
event would bring together prominent academicians and industry leaders to discuss some of the
most pertinent questions related to Ethics and its significance in today’s industry scenario and
address key issues like ‘Failures of ethics in organizations’.
Fr. Ozzie Mascarenhas, S.J. JRD Tata Chair Professor of Business Ethics at XLRI and
founder of XLRI Ethics Research Center (XLERC) and the host of the event says, “Ethics
deals with human behavior and is currently reckoned as a responsible action program for the
betterment of individuals, groups, organizations and societies. Ethics empowers us to chart and
live a new value-laden direction in life. It becomes relevant wherever people interact and
function together. Hence, every field of business such as planning and strategy, accounting,
finance, human resources management, business law, marketing, business research, and
production management involves ethical issues and challenges”.
The event is to be inaugurated by Fr. E Abraham, S. J. (Director of XLRI), Fr. Ozzie
Mascarenhas, S.J. (JRD Tata Chair Professor of Business Ethics at XLRI and founder of XLRI
Ethics Research Center - XLERC), Mr. Mukund Rajan (Chief Ethics Officer, Tata Group and
Member Group Exec Council of Tata Sons) and Mr. N S Rajan (Group Chief Human Resources
Officer and Member Group Exec Council of Tata Sons) in presence of Mr. Ramkumar (Exec
Director ICICI Bank), Mr. Milind Sarwate (Member - Strategy and CSR of Wadhawan Group),
Mr. K Srinivas (Head HR, Wadhawan Group), Mr. Saumen Chakraborty (President and
CFO of DRL), Mr. Ranaveer Sinha (Managing Director of Tata Hitachi Construction
Machinery) among other dignitaries.
The Conference will include panel sessions on topics such as:
-
Relevance of Business Ethics: Moving beyond Compliance to a Way of Life
Shades of Grey – Failure of Ethics in organizations, and Remediation points from Policy,
Organization and Behavioral angles
Ethics as a Sustainable Competitive Advantage – Best practices for Sustainability
Operationalizing Ethics in Business Models- Lessons for Social Enterprises
Future of Corporate Ethics – Building an Implementable Framework for Organizations
through Corporate Entrepreneurship
“Given XLRI’s Jesuit background as an institution with grounding in social justice, we have
always stressed upon the importance of pursuing an ethical code of conduct both in the
workplace and in the business world. We believe that no management education curriculum is
really complete, unless and until the students are instilled with a set of enduring values - that are
8
indispensable ingredients for any aspiring business leader in today’s world. It is for this reason
that a core course on “Managerial Ethics” is compulsorily offered to all our students at XLRI
since early nineties,” remarked Fr. E Abraham, S. J. Director of XLRI.
“The researches of XLREC focus on major classic and modern ethical concepts, constructs,
theories, paradigms, models, strategies, cases, and best practices in the areas of basic ethics
research and applied ethics research. Specific soft skills in ethics research include those of
executive ethical thinking, understanding and explaining, executive moral reasoning, ethical
reasoning, rationalizing, and decision-making, ethical problem-identification, formulation,
specification, alternative solutions valuation and final selection of best solutions, and ethical
planning, strategizing, choosing, implementation, monitoring, prediction and control,” Fr.
Mascarenhas further added.
The first Conference, organized by XLERC and XLRI Alumni (Bangalore Chapter or xlbang) on
Friday, 5th September, 2014, proved theoretically that Ethics leads to Corporate Advantage. The
objective of this second Conference is Leveraging Ethics for Sustainable Corporate Advantage.
About XLERC
Founded in May 2014 under the auspices of the JRD Tata Chair of Business Ethics, XLRI Ethics
Research Center (XLERC) aims at creating an ethics research-based knowledge center where
both industry and academia will be able to find and reflect on resources in business ethics and
allied issues, disseminating through Management Development Programs (MDPs), Management
Training Programs (MTPs), and Faculty Development Programs (FDPs) on business ethics,
ethics research and teaching ethics at organizations and educational institutions. It will also
organize Ethics Research Conferences periodically in metropolitan cities of India and abroad, in
active collaboration with XLRI Alumni Chapters of those cities.
About XLRI
XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in
India founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur
(www.xlri.ac.in). Over the last six decades, the institute has grown and ranks 1st in the country
among the private Business Schools of international repute with a wide portfolio of management
programs and research publications. Its alumni are spread around the globe and have
demonstrated responsible business leadership in their organizations. XLRI continually strives to
contribute its mite to the professional growth and management of numerous organizations and
institutions across industry sectors.
9