With more than half a century of work experience behind him, 'Bala' has a unique blend of exposure to industry and academia that is not easy to come by. Three and a half decades of senior and board level responsibilities in companies like Imperial Chemical Industries, Britannia and Wipro are complemented by teaching and research activities at the Indian Institutes of Management, Ahmedabad and Bangalore, over the last two decades, and still counting. A non-practising Chartered Accountant with a PhD in Business Finance, his interests span corporate governance, business ethics and responsibility, and board level counselling. He has been on statutory and advisory boards of listed companies as well as early-to-mid-term start-ups, served as a member of the government-sponsored National Advisory Committee on Accounting Standards, CII's National Council on Corporate Governance, the Advisory Committee of the National Stock Exchange's Centre for Excellence in Corporate Governance, and also a Government Committee on Corporate Excellence through Governance, many of whose far-seeing recommendations have found their way in to corporate legislation. He serves on the Editorial and Advisory Boards of some Indian and International scholarly journals.
He has been privileged to design and deliver training programmes for several hundred incumbent directors of public and private sector corporations, and teaching courses to a much larger number of management students and executives. He has authored and/or edited several books and research papers.
Although corporations have been around for well over half a millennium, corporate governance as a distinctive field of study and specialization is of relatively recent origin. With corporate footprints escalating across industry and service sectors over different geographies around the world, governing the corporation has become an increasingly complex exercise. Professor Balasubramanian explains the three pillars of governance -- the shareholders, the board and the executive management -- including the dynamics of managing board effectiveness, through real-life case studies and interactive examples.
The author aims to encourage dialogue about leading corporations in an ethical and sustainable manner. In the wake of corporations like Satyam, Sahara, Sardha, SKS Microfinance and National Spot Exchange making headlines for all the wrong reasons, this is essential reading.
|IIMA: Leading from the Top