Dr. Anand Teltumbde shares how GIM is preparing students for the latest management trends and challenges including Big Data Analytics
"Management education is unlike any other. It is classically said, in B-Schools, teachers do not teach; students learn through discussions inside and outside their classrooms. The teacher is primarily a coach, a mentor in this process and also a student himself," says Dr. Anand Teltumbde, Senior Professor at GIM. It was this dynamic aspect of management education that attracted the veteran industry professional towards academics. During his 35-year-long stunning professional career he served as visiting faculty with a number of renowned management institutes. We talk to him about managing a successful run in both industry and academia and what he has set out to do at GIM.
In his industry career Dr. Teltumbde held several leadership positions in India and abroad. The much awarded professional has been on various industry committees, including the first Study Group for deregulation of Oil Industry. He ended it as Managing Director and CEO of Petronet India Limited, a holding company for promoting petroleum infrastructure in the country and abroad. Looking back, he reflects, "The secret of success lies in leadership style, because you work in an organizational setting. You can be an expert in your field, but you cannot succeed unless you are an effective manager of people. The key to winning people's trust is to be honest with yourself and them; your expertise aids to this process."
Even during his industry tenure Dr. Teltumbde pursued his academic interests. He taught at institutes like IIM A, his alma mater, Jamnalal Bajaj, and other B-Schools in Mumbai. Talking about his academic interest, he says, "Academics inspire you to reach the root cause of the problem. As practitioner, you take decisions backed by experience, but they may not always be right, simply because experience is rooted in the past and the problem in the present. You may not have the luxury of academicians in practice, but still I can say the orientation does help to refine the decision. It's this process that excited me."
The corporate world's loss has been a gain for academia. It's certainly true for GIM where Dr. Teltumbde went on to start a new vertical in Big Data Analytics. He relished the prospect of creating a course that prepares future-ready managers completely versed in handling an emergent paradigm of Big Data. He highlights the initiatives and future plans, "We have made considerable investments in new classrooms, hostels, and a Data Lab and tied up with SAS Institute to assist us in taking lab courses. In addition, we have constituted a 10-member Board of Studies comprising eminent academics and practitioners from India and abroad to advise us."
The course leading to PGDM (Big Data Analytics) has already received tremendous response from management aspirants. Dr. Teltumbde has no doubt that the program will emerge as a frontrunner for Analytics in the country. But when it comes to his classroom techniques, how does he evoke the desired response and engagement from his students. "I use case study based approach, which partly stems from my own training at IIM A. These cases represent a piece of reality and, if analysed properly, they can beautifully illustrate the prowess of the concepts, models, and techniques and enrich learning for students. The BDA course structure is so designed as to give a capsuled view of the entire gamut of business issues and deal with them hands on in the lab using various BDA tools, techniques, and frameworks."
Dr. Teltumbde's vast and versatile career-graph cannot be complete without mentioning his success as an author and researcher. He has about a couple of dozen books and several chapters and research papers to his credit. Acknowledged as a public intellectual, he regularly comments on public policy and socio-political issues through various popular magazines and newspapers and also through his own column in Economic and Political Weekly. He has undertaken several lecture tours to discuss these issues in universities in US, Canada, and Europe. He believes that Big Data would revolutionize the field of public policy analysis. He is already associated with one such project undertaken by Central European University (CEU). The students at GIM will surely benefit from these research initiatives.
Posted on 18th January 2018