The CII-Suresh Neotia Centre of Excellence for Leadership organized the first edition of STRATEGYEDGE on 11th January 2017 at JW Marriott Hotel, Kolkata. STRATEGYEDGE is going to be one of the flagship events of the CII Leadership Centre which will feature every year one of the world’s renowned thought leaders on Strategy, Innovation and Marketing sharing the latest insights from their respective domains with the Indian business community.
Prof Vijay Govindarajan, Coxe Distinguished Professor at Dartmouth College’s Tuck School of Business was the Keynote Speaker at the daylong session He is widely regarded as one of the world’s leading experts on strategy and innovation. In the latest Thinkers 50 Rankings, Prof. Govindarajan was ranked the #1 Indian Management Thinker.
The theme of the session was "Winning through Innovation: The Three Box Strategy".
In his Inaugural Keynote on India’s Innovation Challenge, Prof Vijay Govindarajan stressed that a business mind and a social heart is a combo which will define and determine whether and how Indian businesses will fare and thrive. In this session he set the context by explaining why innovation was the next frontier for Indian businesses in the next two decades. He also observed that the fruits of innovation must also percolate down to all strata of society. In his assessment, “breakthrough thinking” was all about cost and quality – something which is extremely important and relevant because India is a country where affluent class exists, the middle class is rising and also those who are at the lower rung are increasingly becoming aspirational. Businesses need to take an approach that will take all sections in their scheme of things to produce a win-win future for all.
In the masterclass sessions, Prof. Govindarajan focused on successfully creating the future even while managing excellence in the present. The Three-Box Solution describes the framework for managing a business’s responsibility to take action in three time horizons at once: executing the present core business at peak efficiency (Box 1); taking steps to avoid the inhibiting traps of past success (Box 2); and inventing a future built on nonlinear ideas (Box 3). The workshop showed the distinctive skills each box required how the boxes interrelate, and what it takes to balance them.The Masterclass was attended by over 250 delegates from all across the country.