The document discusses innovative practices in management education through the establishment of three institutions: the Indian Institute of Plantation Management, the Women's Institute for Development Oriented Management (WISDOM), and the Indus Business Academy. Each institution focuses on unique educational philosophies and objectives, such as cultivating women's leadership and integrating creative thinking into management. The current success of these institutions is highlighted, showcasing their influence on alumni and contributions to academic literature.

1. New Horizons of Creative Management
Education: Walking and Meditating with
Chitta Ranjan Das and Cultivating New
Innovative Practices and Thinking
Dr. Subhash Sharma
Chief Mentor
Indus Business Academy, Bangalore

2. Chitta Ranjan Das
Chitta Ranjan Das is a creative thinker and creative
writer well known for his writings spreading across
several disciplines such as society, politics, Culture
and history,
“Ideal life is not just a romantic utopia for Chitta
Ranjan but the design of an ideal relationship of
dignity which one continuously seeks to realize in
the life of the self, other, culture, and society.”

3. Creative Institution Building in
Management Education
• Three experiments in creative institution building
in management education
• 1. Indian Institute of Plantation Management,
Bangalore
• 2. Women’s Institute for Development Oriented
Management (WISDOM) at Banasthali Vidyapith,
Banasthali, Rajsathan
• 3. Indus Business Academy (IBA), Bangalore

4. Indian Institute of Plantation
Management, Bangalore, 1993
• In 1991. Ministry of Commerce, Government of
India, approached Institute of Rural
Management, Anand (IRMA) for a project report
for a new institution for the plantation sector. I
was assigned the task for preparation of this
report. Report was accepted by the Ministry and
thus Indian Institute of Plantation Management
was established in 1993 at Bangalore. It was
sponsored by Tea Board, Coffee Board, Rubber
Board and Spice Board

5. Towards BEST Plantation Managers
• BEST Manager Model was adopted as a basis for
curriculum design
• BEST:
B: Behavioural Dimension
E: Economic Dimension
S: Strategic Dimension
T: Technical Dimension

6. Reach Out Model of Management
Education
• Reach out model:
Guru goes to shisya

7. Educational Programs
• Two year Post Graduate Program in Agri-
Business and Plantation Management

8. Current Status
• Today institute is well known for its PG
Program and its research related to agri-
business and plantation management

9. Women’s Institute for Development Oriented
Management (WISDOM) at Banasthali Vidyapith,
Banasthali, Rajasthan, 1996
• WISDOM was established at Banasthali
Vidyapith in 1996 on the basis of a Workshop
and interactive discussions at Banasthali
University in March 1996 and a project report
was prepared. I was involved in the Workshop
discussions and preparation of the project
report.

10. Foundation Equation for WISDOM
• Wisdom equation:
W = R + I
Wisdom = Reason + Intuition
“Western Windows Eastern Doors” provided a
basis for curriculum design

11. Foundational Principles of WISDOM
• WISDOM acts as strategic think-ahead forum for
women's issues in management of society,
organizations and individuals
• WISDOM facilitates creation of future enlightened
leadership among women
• WISDOM trains the young minds for managerial
responsibilities and entrepreneurial ventures
• WISDOM conducts action-based research
• WISDOM promotes intellectual self-reliance

12. Broad Objectives of the Institute
In consonance with its foundational principles, the
following are the broad objectives of the institute:
1. To train women for managerial positions.
2. To train women in entrepreneurial tasks of setting
up industry, organizations and institutions
3. To undertake research and consultancy with a view
to augment knowledge base keeping in view the specific
requirements of women's issue and cultural moorings.

13. Current Status
• WISDOM is a leading institute with its alumni
working in different sections of Indian society
and the Corporate world. Many alumni are
working abroad and are also working in
academic field.

14. Indus Business Academy (IBA),
Bangalore, 2001
• IBA was conceptualised in a brainstorming
session held in Nov. 2000 at Bangalore.
• In this session, founding Chairman late Shri B.
M. L. Jain articulated vision for IBA in terms of
“Wealth creation through technology and
management”
• I was present in the brainstorming session

15. Foundational Principles of IBA
• 1. CEO Leaders: Creative, Enlightened and
Organic leaders for future
• 2. Success Mantra:
S = I x B x A
Success = Inspiration x Breakthrough x Achievement
3. 3 D Model of Leaning:
Discussion, Dialogue, Discourse

16. Cultural Symbols at IBA
• 1. 3 D Centre
• 2. Omega Circle
• 3. Step by Step approach represented by steps
in the campus

17. Current Status
• Today IBA is well K own as an institution of
excellence. It has won many awards including
innovative institution award from AIMS
(Association of Indian Management Schools) in
2015.
• Its alumni are in senior management positions in
the corporate world and many have become
entrepreneurs.
• Its creative ideas and research is very well cited in
acadmic literature.

18. Evolutionary Perspective of Creative
Institution Building
BEST Manager
Corporate Rishi
CEO Leader:
Creative,
Enlightened,
Organic
Wisdom Equation:
W = R + I