First Lecture by 'Prof.' Ajit Balakrishnan from rediff.com . Made the same presentation that he had made to his board of directors in January. Some snippets :
- CEOs must communicate their ideas clearly to the Board of Directors
- Considerable amount of CEO's time is spent in analysis of external environment for business
- rediff.com's $ 1 Billion market cap on Nasdaq has been achieved with just 250 employees
- Look at your business outside in - look at global competition
- E-commerce in India and China will never pickup since Internet penetration is abysmally low
- Link performance outcomes to elements of strategy
- Be ruthless with yourself
Mr Ajit Balakrishnan is an alumnus of IIM C and is also the Chairman of the Board of Governors of IIM C. He also spoke about his plans for IIM C and how he is working on preparing IIM C to meet global competition
Looking forward to the next lecture
CKC