IIM Kozhikode student wins Harvard Business Review/Mckinsey M-Prize!!! A first year student of Indian Institute of Management (IIM) Kozhikode, Joel Modestus of the PGP 2013-15 batch has bagged Harvard Business Review/McKinsey M-Prize for Management innovation. Prof Debashis Chatterjee, Director of IIM Kozhikode said, “This is a significant achievement by our student who is a testimony of global thought leaders that we aspire to give the world and IIM Kozhikode is proud of this milestone achieved. We always encourage our students to explore beyond the defined academia and experiment the unconventional.” He congratulated Joel on his remarkable accomplishment and said, “Organizations are looking for innovation beyond academic studies to add value to their existing practices. Such ever-evolving innovative tools for management are the need of the hour to cope with the demands of a constantly transforming global environment.” The Harvard Business Review‘s (HBR) mission is to improve the practice of management and its impact on a changing world. To take this mission forward, HBR has collaborated with the Management Innovation eXchange (MIX), a web-based open innovation project aimed at reinventing management for the 21st century which strives to create organizations that are fundamentally fit for the future — and genuinely fit for human beings. This initiative is supported by McKinsey & Company. The competition held by one of the most reputed management institutes in the world, Harvard Business School along with McKinsey and in collaboration with Management Innovation Exchange, architects a challenge which is radical in the field of management. The challenge set for the year 2013 was “How to have leaders everywhere in an organization”. The format of the competition requires participants to submit either a ‘story’ or a ‘hack’. Typically, a story is the one that crops from a real life experience of implementing a solution related to the challenge in your company, whereas a hack is an entirely original and new idea which hasn’t been subjected to any testing. Joel submitted a hack titled “The 4 Hat Hack: How a micro-change in your employee portal can yield mega results in Leadership.”
Posted on: Tue, 29 Oct 2013 05:33:28 +0000
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