LEADERSHIP IN INNOVATION
India Inc senior keen to book C-Suite for pros under 50
Traditional groups cap CXO age at 50. A mid-fifties candidate was overlooked. Younger CEOs/CXOs, preferred for tech adaptability post-pandemic, fit the 'sweet spot' age aiding old economy firms. Pawan Goenka noted internal grooming. Rajiv Dube favors longer terms. Young leaders, noted by Harsh Goenka and Claricent Partners, are ambitious and successful.
How India can leverage its cultural riches to stimulate its economy
India's cultural heritage is being recognized as a potential driver for economic growth, with efforts being made to leverage traditional industries and tourism. Government initiatives, like the redevelopment of Ayodhya and Kashi Vishwanath Temple, are yielding positive results in terms of increased visitors and revenue. Prime Minister Modi's focus on promoting Indian culture globally through initiatives like Tamil Cultural Centers and showcasing heritage on the G20 platform is notable. The goal of developing a comprehensive Cultural Economic Model to propel India's economy towards development by 2047 is being emphasized, with the potential to serve as a blueprint for other countries.
Viacom18 bolsters its tech leadership team with three key hires
Viacom18 has appointed three key figures to its technology leadership team in an effort to enhance its OTT platform, JioCinema. This significant move includes naming Bharath Ram as Chief Product Officer and Ad Tech Platform Lead. Bharath Ram will be reporting to Kiran Mani, CEO, Digital, Viacom18.
'Evolving, just backward': Pakistan players' training videos go viral, faces fan fury after T20 WC disappointment
The Pakistan cricket team faces criticism for their unconventional training methods after a disappointing T20 World Cup. Despite controversy over fielding drills on mattresses, they are preparing for future series against Bangladesh and England. Captain Babar Azam addresses concerns about his leadership, emphasizing transparency in his decisions amid calls for change.
BFSI captives hunt for leadership talent
Executive search firms ET spoke to said candidates from product organisations are tapped for technology hiring, and for non-technical roles, domain and functional expertise remain paramount. Compensation ranges at around Rs 1 crore for those with 18-25 years of experience. For CFO roles, packages could be in the range between Rs 2-4 crores.
Nike stock plunges as gloomy sales forecast fans growth concerns
Nike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. The company's strategic pivots towards sustainability and product revamps aim to counter market pressures, signaling a critical phase for Nike's future direction and management dynamics.
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AI drinks energy up - quantum computing will work to our advantage, but the tech is new
The rapid advancement of computing over the past 70 years, driven by increases in computing power, has revolutionized various sectors such as banking, communication, healthcare, product design, and warfare. Semiconductor chip technology plays a crucial role in this growth. However, the future of computing faces a significant challenge due to the increasing power needs of AI innovations like ChatGPT. This surge in demand poses a threat to the sustainability of global energy resources and the environment.
10 Best APJ Abdul Kalam Books: Unlock the Secrets of Leadership and Innovation
APJ Abdul Kalam's books are renowned for motivating and inspiring readers from all walks of life. His works, such as "Wings of Fire" and "Ignited Minds," blend personal anecdotes with profound insights on leadership, education, and innovation. Kalam's writing reflects his remarkable journey from a humble background to becoming India's Missile Man and President, offering invaluable lessons on perseverance, vision, and the power of dreams. His books are imbued with a sense of optimism and a call to action, encouraging readers to aspire for excellence and contribute positively to society. Whether you're a student, professional, or simply seeking inspiration, APJ Abdul Kalam's books provide timeless wisdom and a roadmap to achieving greatness.
In 10 years, India no longer a charity case, it's the driving force of world economy: Sanjeev Sanyal
There are no such things as poor people. They are poor places. Say two brothers grew up in Moradabad. One of them stays back in Moradabad and another went off to Dubai. After five years, one person will be earning a lot more than the other. Why does this happen? It is because places matter, says Sanjeev Sanyal
Force Motors partners with EY Parthenon India for digital transformation program
Force Motors has partnered with EY Parthenon India to undertake a digital transformation programme aimed at boosting innovation and productivity across its value chain. The collaboration will focus on redesigning Force Motors' digital landscape, implementing advanced digital platforms, technologies, and solutions for customers, and enhancing its capabilities and security.
Indigenous Innovation: A blueprint for systematically achieving Viksit Bharat
India's digital economy is on track to reach $1 trillion by 2030 with a growth rate 2.8 times that of regular GDP. Leveraging the CHIPS framework and strategic partnerships, India aims to secure a prominent global position through sustainable practices, education initiatives, and robust data governance.
Silver's the new gold as startups rejig CXO portfolio
Many startups, particularly those gearing up for public listing, now consider youth and experience a winning combination. Having experienced leaders instills confidence in investors and markets, who view it as an indicator of stability and potential for success, said company founders and industry watchers.
IN-SPACe announces launch of pre-incubation programme for space startups
IN-SPACe launches pre-incubation entrepreneurship programme to support early-stage space startups, chaired by Pawan Goenka.
Steward leadership may be the formula for organisations to have holistic ESG practices
Sustainability and ESG practices are crucial in corporate boardrooms, with a warning against greenwashing. Rajeev Peshawaria defines ESG greenwashing as deceptive efforts to appear responsible without substantial changes. Companies must avoid token ESG efforts and focus on genuine sustainability initiatives.
Becoming a future CHRO: Navigating the path to HR leadership excellence
The Chief Human Resources Officer (CHRO) plays a crucial role in managing human capital and leading HR functions in organisations.
ET Circle: Cyril Shroff’s time-honoured lessons in law, legacy, and leadership and crafting timeless institutions
In this episode of the ET Circle multimedia series, discover what differentiates leading a legal services firm compared to a conventional business, the significance of a value system for building institutions that outlive physical assets, and enduring leadership lessons that blend the purity of purpose with resilience, the spirit to absorb adversities, and the vision to lead with empathy. Learn these invaluable insights from none other than Cyril Shroff, the Managing Partner at Cyril Amarchand Mangaldas, a legal services firm with a rich heritage spanning over a century.
I want to be one of the nicest guys they knew: Titan MD CK Venkataraman
Titan MD CK Venkataraman, who has been MD of Titan and Tanishq for four years, shares his experience in balancing the interests of various stakeholders, securing employee buy-in, and life after Titan. He explains that most decisions are about optimising stakeholder interest, but dealing with strong personalities with contrasting views is crucial.
Modenik ropes in former P&G India head LV Vaidyanathan as Executive Chairman
Modenik Lifestyle announced that former P&G India MD, LV Vaidyanathan, will become executive chairman in July, succeeding Sunil Sethi, who is retiring. Vaidyanathan brings over 25 years of experience and aims to drive growth and innovation. Sethi, who integrated Dixcy Textiles and Gokaldas Intimatewear, will remain on the board.
On National Day, Israel Prez Isaac Herzog commends PM Modi's support after Hamas attacks
Israeli President Isaac Herzog praised Prime Minister Narendra Modi for his support following the October 7 Hamas attacks. Speaking during Israel's National Day celebrations in New Delhi, Herzog highlighted the strong democratic values and robust bilateral ties between Israel and India. Modi's quick condemnation of the attacks was noted as standing "on the right side of history." Foreign Secretary Vinay Kwatra reaffirmed India's zero-tolerance approach to terrorism and celebrated the growing India-Israel partnership, emphasizing collaboration in various sectors and the enduring bond between the two nations.
Tata Digital’s new team; Pine Labs’ India redux
Tata Digital chief executive Naveen Tahilyani has restructured the leadership team for the Neu super app. This scoop and more in today’s ETtech Top 5.
Responsible Innovation, how a blueprint for collaborative action is advancing global healthcare
On the occasion of the Abu Dhabi Global Healthcare Week (ADGHW), Dr. Asma Ibrahim Al Mannaei, Executive Director of the Research and Innovation Centre, discusses the UAE's prioritisation of healthcare in driving investments and partnerships focusing on advancing technology and attracting top talent and fostering collaboration with India reflecting shared challenges and opportunities in healthcare. Overall, collaboration with global partners and investment in manufacturing capabilities exemplify the UAE's commitment to healthcare excellence and innovation, while initiatives like Malaffi enhance data-driven services. Read on to discover how ADGHW aims to faciliate responsible innovation in healthcare, even as the UAE emphasises patient rights protection in an era of advancing AI and data usage.
Umesh Pagariya, Director of Pagaria Group, pioneers family legacy with his business acumen
Umesh Pagariya, torchbearer of Pagariya Group, upholds family traditions with visionary innovation in Jalgaon, rooted in Marwari heritage. Strategic acquisitions and ventures in safety equipment and FMCG lead to global expansion.
Company boards are getting younger, but balancing vitality with expertise is key to success
Organisational leadership is evolving with younger individuals joining company boards in the dynamic startup landscape. While they bring fresh perspectives and innovation, challenges arise from limited experience in governance. Diverse boards with a mix of young and experienced members are crucial for informed and adaptable strategies for long-term success.
For India to shine, more and more girls must take up STEM: Isha Ambani
Isha Ambani advocates for increased female participation in STEM and technology careers, highlighting the need to bridge the gender gap and support women in leadership roles for India's technological advancement.
Over 86% senior execs using AI for driving revenue growth: TCS study
86% of senior business leaders, per TCS study, use AI for revenue growth. 45% expect half their workforce to use Generative AI in 3 years. Harrick Vin notes AI solutions deployment challenges. 57% executives are excited about AI impact. Enterprises are moving towards wide-and-deep AI adoption.
Equipping leaders for the AI era: A CEO's toolkit
The critical juncture when AI is taking over the world slowly, a proactive approach and good understanding of Generative AI is required from leadership -- CEOs & CIOs.
Unveiling the essence of leadership: Insights from premier Institutions
Leadership is pivotal for organizational success, emphasizing vision, education, innovation, and resilience. Effective leaders inspire teams towards shared goals, foster collaboration, and drive impactful change initiatives with strategic acumen and agility.
Leadership excellence: Insights from leading institutions
Leadership development is key for success. Institutions like Kellogg, MIT, IIM Lucknow, IIM Kozhikode, and ISB offer programs to nurture effective leaders. These programs focus on strategic vision, technology-driven leadership, and holistic leadership excellence.
Unleash your potential: MIT xPRO PG certificate in technology leadership & innovation
MIT's Technology Leadership Certificate empowers tech professionals with essential skills for leadership in the digital economy, driving innovation, and creating value through agile methodologies and change management.
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