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Chennai, Dec. 21

Great Lakes Institute of Management plans to start a post-doctoral programme with Yale University in the academic year 2008. The programme would involve teaching and research at Yale University followed by an India-specific thesis at Great Lakes, said Dr Bala. V. Balachandran, Founder and Honorary Dean, Great Lakes.

The programme would be housed in the institute's new 14-acre campus on the outskirts of Chennai. The institute has purchased four more acres alongside the campus to set up infrastructure for its existing executive MBA programme.

Great Lakes is in talks with IIT-Madras and another institute to start a two-year MBA programme focused on innovation. It is also in talks with the Confederation of Indian Industry (CII) to organise a course on logistics management. "CII's institute for logistics wants us to handle their existing programmes and take charge of new ones," said Dr Balachandran.

Research on family biz

Over the next year, the institute plans to set up a research centre focusing on family businesses. "This is an area that Indian businesses can teach the world," said Dr Balachandran. The research centre, third for the institute after its marketing and general management research centres, would facilitate work in areas such as ownership of family businesses, coping with change, corporatisation and risk management.

To communicate research to industries, Great Lakes plans to hold annual conferences where the academia will present papers to the industry. The first such conference will take place on December 24 on the topic `Global Mindset Indian Roots'. About 30 papers from institutes such as the IIMs, Kellogg School of Management, Stanford University and Columbia University would be presented at the conference.

(This article was published in the Business Line print edition dated December 22, 2006)
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