Consultancy and Research at IMI is “A way of life” to faculty members and the institution as a whole. Consultancy and research go hand in hand along with teaching to management graduates in the institute. This also enriches practical knowledge for our faculty members to take it to class rooms while teaching. IMI is specialized in diagnostic and problem solving studies and preparation of corporate plans and strategies for corporations. IMI has been a leading B-School helping organization in enhancing their competencies, effectiveness and competitiveness.  IMI is also specialized in identifying training and development needs and implications in terms of job performance of a group of individuals in an organization.

IMI has got faculty members who are not only qualified in terms of their specialization in various fields but many of them have diverse industry backgrounds as of part of their professional experience apart from academics. This in fact helps IMI to focus on consultancy across industries and cross functional areas of business. IMI is well recognized for their consultancy in large number of private sector organizations, Public Sector Undertakings, Central and state governments, NGOs. IMI is always focused on value addition to their customers in all their consultancy assignments and our clients do appreciate and support our endeavor for a mutual benefit of both. IMI does consultancy on various areas of management covering operational, strategic, and tactical levels of client’s organization. IMI always works closely as a partner in achieving goals of the customer in the consultancy assignments awarded to them. IMI always delivers the best quality of consultancy, with consistency in their deliveries.

We at IMI all times, adapt to changes in the market and apply innovative methods and strategies, through a process of continuous research. We translate these learning into effective tools to our clients in delivering the best respective organization. This in turn results in better management of challenges in varied and difficult business environment. IMI has developed expertise in providing consultancies in various areas of strategy development, Implementation to various private sector companies and large public sectors in India and overseas.

Areas of consultancy

Research & Research Paper Publications by IMI
PhD. Program & Research Vision of IMI
Training & Consultancy

Areas of consultancy:

Human Resource Management:
• Development of HR policies, systems and procedures
• Manpower planning
• Identification of training and learning needs
• Organizational climate survey
• Evaluation of HR programs
• Designing OD interventions
• Action learning and appreciate inquiry.
• Development of performance Appraisal systems
• Trade union leadership development
• Design and conduct of selection tests
• HR audit

Marketing Management:
• Marketing Research and methodologies
• Statistical and marketing tools in market research.
• Customer Relations Management.
• Distribution Channels and Channel Management
• Corporate Image and Branding.
• Segmentation and Micro Marketing
• Internet Marketing
• Retail Marketing.
• Advertisement and Communication portfolio management

Operations Management:
• Supply Chain Management models
• Design and implementation of SCM models
• Project Planning and implementation.
• Procurement and Contract Management
• Industry specific Inventory Management.
• Work flow and simplification and enhancement.
• TQM and LSS guidance

Financial Management:
• Financial Performance Monitoring
• Financial restructuring
• Systems and Process Improvement, Standard Operating Procedures
• Internal credit risks & Risk Management
• Evaluation and implementation of internal control system
• Infrastructure project finance
• Profitability and cost effective studies.

Strategic Management:
• Study of growing industries like Power, IT, Infrastructure & Electronics
• Strategy for mergers, acquisitions and JV formations
• Strategies for sustainable development, marketing of green products
• Strategies for organizational restructuring vis-à-vis competitions.
• New HRM strategies and implication studies.

Information Technology:
• e- Business usage, ERP solutions, B2B solutions, RFID
• e- Business application and strategies related to e-business.
• e- Commerce planning and execution.
• Business Process reengineering.
• e- Governance.

Economics:
• Feasibility studies on infrastructure project management
• Study of regulatory authorities, governments, PSU’s Performance evaluation.
• Negotiation strategies and managerial economics of telecommunication services.
• Derivative Techniques, Applied Econometrics, actuarial Science studies.

Knowledge Management:
• Studies and implementation of synergetic combination of knowledge, process and data with creative thinking.
• Learning through innovations and flexibility and improved technology and methods.
• KM portals and structural study for specific organizations.
• National and international studies and project implementation of KM.

 Research & Research Paper  Publications at IMI during the past 10 years

• During the past 10 years IMI faculty published 60 books and published and presented more than 300 papers in national and international conferences.
• IMI faculty members conducted case workshops and published two volumes of 32 teaching cases from eight countries in Asia for Bureau of Employers Activities, ILO, Geneva and Asian Productivity organization, Tokyo. Teaching Notes and training materials based on case studies have also been published. IMI faculty members have also published cases in various journals. IMI faculty also cooperated with case writing project and co-edited a publication on corporate governance, sponsored by UNDP, Confederation of Indian Industry and MDI , Guragon. IMI is also involved in an EU sponsored case search project on corporate governance along with one other academic institute each in India, Bangladesh, Italy and Netherlands.
• Prof.Arindam Banik conducted research on “Forecasting Demand for ACC Cement in Neighboring Countries” in the area of International Export. An illustrative study & research on Bangladesh
• Prof. Arindam Banik &  Prof. Pradip K. Bhaumik- “ Technology Transfer”, entry for The Oxford Companion to Economics in India, edited by Kaushik Basu, Oxford University Press, New Delhi, February, 2007, pp.519-22
• Prof. Arindam Banik &  Prof. Pradip K. Bhaumik – Presented papers in various areas. “ FDI: Global Trends and assessments”  “ Global Arena-Challenge of the ‘ Morrow (conference proceedings 28-30th December 2006, New Delhi). “ Japanese Foreign Direct Investment in the BIMSTEC- Japan Comprehensive Economic Cooperation: The Benefits of Moving Together, (Conference proceedings published by Anthem South Asia Studies, London, 2006, pp-227-249).” The Carribean in the Extended Neighbourhood of India : New Ties on Old Bond, (Pradip K.Bhaumik) , Developing Regional Economics and Trade Agreement to Realise Opportunities” .
• Prof. Arindam Banik published a paper- “Aging Population, Emigration and Growth in Barbados” – International Journal of Social Economics, Vol.33 issue 11,2006 pp.781-788
• Prof. Arindam Banik:  “ Neighbourhood  Approach of Foreign Investment Inflows of Emerging Economies” – Project Management and Development of Human Capital in the Caribbean- Three case studies. Management Decision, Volume 44, Issue 8, 2006. FDI, Skilled Labour and Caribbean’s Emerging Competitive Disadvantage, Paper in GBR, Vol.7, No.2, 2006
• Prof.Arindam Banik: A regular contributor to The Hindu Business Line, on various topics like “ Farmer suicides: Beyond the Obvious”, “ Is China’s Supply Chain Sustainable?” “ The High-Tech Disc War that Bytes”, “ Making the Education Cess work”
• Prof. Ashoka Chandra & Prof. M.K.Khanijo: “Perspective of Development” Book published with Prof. M.K. Mamgain. International Labour Organization. 2006.
• Prof.Ashok Chandra & Prof. M.K.Khanijo: “ Training for Informal Economy” Edited collection of papers published as a book by Excel Books, April 2006
• Prof. Arvind Chaturvedi: Research paper, Firm Financing Through IPOs: A study of causal variables responsible for under pricing. With Alok Pandey & Shyamal K. Ghosh. Vision, Vol.10 no.3 July- September 2006.
• Prof. Bibek Debroy: Presented a paper on “ The Issue of Labour Market Reforms” at the India China Joint Seminar on Labour Markets in China and India: organized by Indian Council of Social Science Research, the Institute of Human Development and Chinese Academy of Social Sciences, New Delhi.
• Prof.C.S.Venkataratnam is a regular invitee as a Chair, Speaker, moderator, Technical advisor, various seminars on HRM, Knowledge Management Summits across India. Including, “ Labour Flexibility in India at the Taiwan- India, Central University, Taipei, “ Chairing CEO summit for HRD organized by Employers Federation of India, Mumbai, Theme Address at CII’s Employment summit as a knowledge partner.
• Prof. C.S.Venkataratnam  presented a paper on “ Labour Reforms and Flexibility in India and China” with Prof. Shyam Sunder of the University of Mumbai, at the India China Joint Seminar on Labour Markets in China and India; Experiences and Emerging perspectives, organized by Indian Council of Social Sciences and Research,  at ICSSR, New Delhi: 28-30 March, 2007
• Prof. C.S.Venkaatraratnam  presented a paper on Corporate Social Responsibility at the Leadership Development Conference organized by  India Business Academy, Greater Noida., 16th March 2007.
• Prof. C.S.Venkataratnam presented a paper on Industrial Relations in India at the European Foundation for Improving Living Conditions Seminar on the eve of the 13th World Congress of IIRA at Lima, Peru on 12th September 2006
• Prof. Deepak Chawla and Prof.Vidhu Shekhar Jha: Paper on  “Outsourcing and Manufacturing strategies for Business Process Outsourcing. A conceptual study”- Productivity, Volume 47, April-September 2006 (Issue published in February 2007)
• Prof. Deepak Chawla & Prof. Ramesh Behl: “ Perception Study of Cyber Café Users”- Global Business Review, Vol.7, No.1, Jan-June 2006
• Prof. G.S.Das: A paper on “Significance of the Role of innovation in defining good work” Indian Journal of Industrial Relations. Vol.42 no.2 October 2006.
• Prof. Himadri Das: Presented a theme paper on “ Predictive Modeling in HR” at Motorola Asia-Pacific Region workshop at Singapore, March 14, 2007
• Prof.K.Sankaran: Presented a paper on  “ Knowledge Resource Needs a different treatment” – The observer of Management Education, Volume 2, Issue1, January 2007
• Prof.K.Sankaran:  Presented a paper on “MBA pedagogy: Does it promote perpetrating Action or Transforming Action?”- in the Observer of Management Education Vol.1, Issue 12, December 2006
• Prof.K.Sankaran: Co authored with Bino Paul and Sony Pelliserry. Paper presented at the 6th International Conference on Knowledge, Culture and Change in organizations. Monash Univesity, Tuscany, Italy. 11 to 14th July 2006
• Prof. N.L. Ahuja: Presented a paper on “ Working Capital and Cost Management in Dabur India” at the 6th Global Conference on Business and Research held at Harvard University, Boston, MA, USA- 15-17, October 2006.
• Prof. Pradip K. Bhaumik and Prof.Deepak Chawla: Paper in Refereed Journal “ Impact of Economic Liberalization on Manufacturer’s services- A case study of an Indian Automobile Company” Review of Business Research, Vol.VI, No.2, 2006, pp. 16-28.
• Prof. Rajat Kathuria: Presented a paper entitled, “ Infrastructure Development and Economic cooperation for Communication Networks” at Economic Cooperation and Security Development in South Asia, IDSA- ICRIER joint international seminar 16-17, March 2007
• Prof. Rajat Kathuria has done various Book Reviews including “ Globalization, Convergence and European Telecommunications Regulations by Peter Humphreys and Seamus Simpson, Edward Elgar Publishing, 2006.
• Prof. Rajat Kathuria is a regular contributor to Business Standard, Financial Express on various subjects of Economics. “ TRAI- Autonomy or independence?”, “ Private Players in Education”, “ Exit Barriers”,” The education Export Marker”, “ Network costs have fallen faster than revenues”.
• Prof. Ramesh Behl: Contributing author, Book published by Tata McGraw Hill, Publishing Co. Ltd. 2006. “ RFID & Supply Chain Management” Telecom Live, June 2006.
• Prof. Ramesh Behl & Prof. Himanshu Joshi: Presented a  paper on “ Implementing ERP systems in small and medium scale Enterprises in India, Challenges and prospects” at ICISTM-2007, Jointly organized by IMT Ghaziabad and University of Florida- Allied Publishers Pvt. Ltd, 2007 pp 136-144
• Prof. Siddarth Mahajan and Prof. Mainak Sarkar: Presented a paper on “ Should FDI be allowed in Retail Sector in India?” AIT Bangkok, Asia Pacific Management Conference, November- 16-19, 2006
• Prof. S.R.Singhvi: Presented a theme paper on “ Marketing ROI: Are we measuring spending? How can we improve effectiveness” at the Indian Marketing summit, Marketing in India: Challenges and Responses’ New Delhi January 2007.
• Prof. Vidhu Shekhar Jha: Paper published in refereed journal “ Strategic Planning, Technology and innovation for Business Excellence, a Conceptual study” International Journal for Business Research, Vol VI, 2, pp.84-90
• Prof. Vidhu Shekhar Jha, Prof.Deepak Chawla and Prof. Himanshu Joshi presented a paper on “ Total Quality Management or Business Excellence strategy implementation Towards Building a Learning Organization in the Indian Context” at the 12th Asia Pacific Management Conference, AIT, November 2006.
• Prof. Vidhu Shekhar Jha, Prof. Siddarth Mahajan & Prof. Himanshu Joshi Presented a paper on “ Knowledge Management Initiative and Practice for moving towards a learning organization and Business Excellence”. National Symposium on Competitiveness in Knowledge Economy.  IMI’s Centre for Management of Innovation Technology in collaboration with Government of India . New Delhi November 2006.

Training & Consultancy

IMI’s Executive education and Leadership Development programs are middle and senior management. In this, IMI adopts a two-pronged approach.

 IMI also believes in the philosophy of addressing required training and development skills will enhance productivity. There is a significant overlap between research, training and consulting activities at IMI. Typically consulting is sponsored and hence client centric. Consulting in IMI mainly takes several forms cutting across all management disciplines with multidisciplinary approach.
 
a. Action Research
b. Appreciative inquiries
c. Diagnostic studies
d. Evaluation studies(for instance, programs of national/international agencies)
e. Survey Research(climate/engagement/market research)
f. Strategy formulation and corporate plan preparation
g. Training Interventions
h. Training & Development.

IMIs thrust will be on developing sustained relations with select corporate clients and offer range of tailor made training programs for them. These can be conducted both in IMI campus and also at client’s site or third party locations, including hotels. Along side, IMI has developed niche programs and offers Open/Public programs on repeat basis at Delhi and other locations. These will be in the following areas (List is indicative) based on demonstrated competencies and contributions of faculty. IMI also networks with Apex Chambers of Commerce, industry associations, and professional bodies like All India Management Association (AIMA) and offer several programs in collaboration with them.

• Doing Business in India
• International Business
• Global Competitiveness
• Managing Expatriates
• Risk Management
• Change Management
• Knowledge Management
• Working together (employees and their collectives with management) as partners in progress.