Jul-Sep 2015

Impact Assessment: Key to Incentivising Participation in Development

Philanthropy, CSR are passé, now it is time for CSA, Kailash Satyarthi

Soft spoken, articulate and amiable, the Nobel Peace Prize winner, Kailash Satyarthi, stresses responsive consumers and responsive industry would eventually lead to a responsive market and supply chain system. In an exclusive interview for ISBInsight the Nobel Laureate spoke to Pradeep Singh, CEO Mohali Campus and Deputy Dean, ISB, on the sidelines of the Class of 2015 Graduation Day, where he was the Chief Guest.

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Impact Assessment: Data Analysis for Better Decision Making

Adoption of suitable impact assessment methodologies, which combine managerial insights with rigorous data analysis, are necessary for informed decision making and profitable results from the implementation of developmental projects. Four case studies are presented in this cover feature on Impact Assessment which shows that the results of such impact assessment exercises, themselves are inputs for future programmes.

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Roads to Riches? An Evaluation of the Pradhan Mantri Gram Sadak Yojana

Infrastructure development could in many cases lead to unintended consequences, though not always negative in the short run, and hence it is important to create a macroeconomic environment conducive to growth along with creation of social infrastructure, says Professor Shilpa Aggarwal of the Indian School of Business, based on the findings of her study of the Pradhan Mantri Gram Sadak Yojana.

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Impact of Motivational Crowding in Sustainable Development Interventions

Material compensation in exchange for strictly monitored performance, particularly for complex and unstructured tasks, can undermine “intrinsic motivations” in sustainable development programmes, shows a study of the Mid-Himalayan Watershed Project by Professor Ashwini Chhatre, a visiting faculty at the Indian School of Business (ISB) and Arnab Dutta, Research Associate at ISB.

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The CSR Law: Enabling “Extraordinary” Business

In this paper, Ram Nidumolu, CEO of Innovastrat, USA, and Professor Sanjay Kallapur of the Indian School of Business, argue it is possible to treat CSR strategically while also complying with the new CSR provisions in the Indian Companies Act 2013. Without this strategic approach, CSR becomes only a compliance activity that may end up achieving neither corporate nor social purpose. They go on to suggest a new Responsible Business (RB) Framework, which if implemented properly, can enable companies to turn the new clause in the Indian Companies Act 2013, mandating them to spend at least 2 percent of the average net profi ts of the previous three years, into a driver for extraordinary business in India.

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