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Project Management, Entrepreneurship, Risk Management, Communication.

Study level: MBA and Executive Education.

Applicability: This case can be taught in the project management course. It will cover the project-planning phase, which is an iterative or progressive elaboration for the entire project lifecycle. The case will help in discussing how project management is an important discipline to manage projects and stakeholders effectively.

The case depicts the dilemma of a passionate entrepreneur who is setting up an ambitious dairy business but project execution goes awry. The case discusses the challenges related to project planning and execution.

It captures the essence of proactive risk management, measures that can mitigate risks and create opportunities. The case also discusses the entire project lifecycle from project initiation to closure and the challenges a manager has to face in terms of stakeholder engagement, risk management, stakeholder communication and scope change.

To understand the alignment of the project with the organisation strategy; to learn to create a project plan and monitor and control the scope, schedule, resources and costs; to accurately estimate project costs, timelines, and quality and schedule, using tools like MS Project; to learn the risk management techniques for managing projects, teams and stakeholders; and to manage stakeholder communication effectively.

Teaching notes are available for educators only.

CSS 2: Built Environment.

In the rapidly changing business environment, companies must align with suppliers to streamline operations, as well as working together to achieve a level of agility beyond individual companies (Lin et al., 2006). Today’s more dynamic business environment increases the need for greater agility in supply chains, which increases both the importance and frequency of supplier/partner evaluation and benchmarking decision making. The purpose of this paper is to develop a multiple criterion appraisement index (model/module) for supplier/partner alternative firm benchmarking perspective under similar agile supply chain architecture.

In this reporting, evaluation information against subjectivity (uncertain environment) indices has been transformed mathematical dimensionless numbers by fuzzy-based computation module. A new interval-valued fuzzy number set conjunction with modified “technique for order preference by similarity to ideal solution” methodology has been explored from benchmarking (ranking order of firm under similar criterion) point of view of supplier firms.

In this context, a novel “fuzzy mathematical equation” has been developed in perceptive to compute the priority weights and appropriateness ratings of first-level measures which reduced the acquisition of supplementary priority weights and appropriateness ratings assessment in linguistic terms from group decision makers (DMs) for first-level indices. An empirical case study has been carried to ranking order the candidate partner/supplier alternative via collective index (CI) value. Lower value of “CI” reflected higher degree of performance extent. The authors found out the effectiveness and validity of proposed methodology for constructed appraisement module.

This research work shall be valuable for that organization which volunteer to obtain the ranking order of partner/supplier alternative (benchmark) under similar agile supply chain architecture in accordance to group DMs’ comprehensive information for select best one supplier for own firm. In this reporting, a novel fuzzy mathematical equation has been developed in order to compute the important weights as well as priority rating of first-level indices/measure which reduced the supplementary important weights and priority rating assessment from group DMs in linguistic terms in order to obtain the measures rating and weights.

Research on international experience notes its positive influence on subsequent international expansion by firms. We test this relationship in the context of the Indian software industry whose offerings, unlike many other services, are storable implying that delivery can be separated from production.

We analyzed the domestic expansion of a sample of publicly listed Indian software firms over the period 2000–2009 with help of Poisson regression.

We find that even internationally experienced Indian software firms might prefer to expand domestically because of limited financial and managerial resources and concerns about diluting their cost advantage. The storable and separable nature of software services will support this strategy of serving clients remotely. The domestic expansion of assets will, however, be slower for firms with the highest level of industry accreditation. It will also be slower if there are institutional pressures in the form of rivals locating development centers near clients in developed countries.

Our results demonstrate that international experience alone is not sufficient for firms to expand overseas.

This paper aims to develop an efficient measurement index evaluation system towards assessing suppliers' green performance practices. Apart from estimating overall performance index, the paper also aims to highlight application of decision‐support tools for selection of appropriate candidate supplier in green supply chain management context.

In order to tackle incompleteness and imprecision arising from assigning appropriateness rating as well as priority weights against subjective performance criteria‐attributes, use of grey numbers was proposed. An efficient grey‐based supplier appraisement platform was established. Application of Grey‐Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) and COPRAS‐G method were reported to solve the supplier selection decision‐making problem. The theory of grey numbers was utilized here to facilitate such decision modeling.

Over the last two decades, growing concerns about ecosystem quality have stimulated to a renewed interest in environmentalism. Purchasing professionals should also be concerned and need to rethink purchasing strategies which have traditionally neglected environmental impacts. The “green” purchasing‐packaging in reducing and eliminating waste is a major concern in recent days. In order to help foster environmentally concerned purchasing strategies, this paper presents the findings of supplier evaluation strategy in an enterprise with enhanced degree of awareness and frequent applications of “green” purchasing. Environmental factors are identified that may reshape supplier evaluation decisions. The concept of grey numbers set has been adopted in this work. A case study reflects effectiveness of exploring grey relation theory in the context of green supplier evaluation.

The major contributions of this work have been summarized as follows: development and implementation of an efficient decision‐making tool to support green supplier evaluation; an overall green performance index evaluation platform has been introduced; concept of grey numbers has been efficiently explored to facilitate this decision‐making; the appraisement index system has been extended with the capability to search ill‐performing areas which require future progress; and the proposed appraisement system is capable of reducing the number of green attributes towards computing grey appropriateness index thereby transforming into lesser number of green capabilities, thus, facilitating applying decision‐making tools like grey‐TOPSIS and COPRAS‐grey method for appropriate supplier selection from a set of candidate suppliers.

The objective of paper is to examine status of financial inclusion in India and study its determinants.

Panel fixed effects and dynamic panel generalized methods of moments (GMM) methodologies have been applied to study determinants of financial inclusion. Additionally, Kendall's index of rank concordance has been derived to test for convergence of states in achieving financial inclusion.

Branch network has unambiguous beneficial impact on financial inclusion. Both proportion of factories and employee base turn out to be significant determinants of penetration indicators. The findings reveal the importance of a region's socio‐economic and environmental setup in shaping banking habit of masses. Using test for convergence it is found that regions tend to maintain their respective level of banking activity, with no support for closing gap.

To the best of the author's knowledge, no panel data study has been performed for India based on data for large number of states and a reasonable time span. This study utilizes 29 major states and union territories encompassing 1995 to 2008, which helps to increase degree of freedom and provide reliable results. The study helps us to ascertain direction and strength of various causal factors in process offer policy makers' strategies, for improving financial inclusion.

In recent years, stimulated environmental awareness (green consciousness) has favored the emergence of the green supply chain paradigm. Therefore, apart from traditional supplier selection criterions, green criteria are necessarily to be incorporated in the supplier selection problem. In this context, the present study aims to highlight an efficient supplier appraisement platform by considering green performance criteria, in fuzzy environment.

The present work exhibits an efficient fuzzy-based supplier performance assessment system using generalized trapezoidal fuzzy numbers set. A fuzzy overall evaluation index has been estimated towards assessing suppliers' green performance extent, thus facilitating supplier appraisement cum selection decision-making.

The proposed method has been found efficient for solving the group decision-making problem under uncertain environment due to vagueness, ambiguity associated with decision-makers' subjective judgment. The proposed appraisement platform has been explored by an Indian automobile part manufacturing company at eastern part of India. Suppliers have been evaluated individually to check their performance level with respect to green attributes. Apart from estimating overall performance metric, the model presented here can identify ill-performing areas that necessitate future attention.

The major contributions of this work have been summarized as follows: Development and implementation of an efficient decision-making procedural hierarchy to support suppliers' green performance extent evaluation. An overall performance metric has been introduced. Concept of generalized trapezoidal fuzzy numbers has been efficiently explored to facilitate such an appraisement cum selection decision-making. The appraisement index system has been extended with the capability to search ill-performing areas that require future progress.

In today’s’ highly competitive market, outsourcing logistic activities have become a global trend as it offers wide range of services including transportation, distribution, packaging, labeling, warehousing, freight forwarding and order fulfillment. The demand of third-party logistics (3PL) provider becomes an increasingly important issue for corporate seeking improved customer service, operational efficiency, logistics costs as well as capital expenditure reduction. However, choosing a proper 3PL provider is a kind of multi-criteria decision making problem under consideration of complicated criteria hierarchy. Therefore, it seems necessary to develop an efficient appraisement module towards performance evaluation as well as selecting the best 3PL provider. The paper aims to discuss these issues.

The present paper proposes a fuzzy based appraisement platform for evaluation and selection of 3PL providers. The theory behind interval-valued fuzzy numbers (IVFNs) has been utilized to aid the said decision-modeling. Based on two appraisement modules for 3PL evaluation; empirical data have been analyzed to validate case application.

The proposed method has been found efficient for solving the group decision-making problem under uncertain environment due to vagueness, ambiguity associated with decision-makers’ subjective judgment. The proposed appraisement platform has been explored by an Indian automobile part manufacturing company at eastern part of India. 3PL providers have been evaluated individually to check their performance level with respect to various evaluation attributes. Apart from estimating overall performance metric, the model presented here can identify ill-performing areas which necessitate future attention.

The major contributions of this work have been summarized as follows: First, development and implementation of an efficient decision-making procedural hierarchy to support 3PL evaluation and selection. Second, an overall performance metric has been introduced. Third, concept of IVFNs has been efficiently explored to facilitate such a appraisement cum selection decision making. Final, the appraisement index system has been extended with the capability to search ill-performing areas which require future progress.

This research focuses on suggesting an optimized model for selecting best employees using advanced multi-criteria decision making method to a supply chain firm, who is planning to start a new cold chain business vertical.

Study has been conducted in a supply chain firm in North India, who wants to expand its business with the help of efficient team members. In total 38 applicants were considered for the study, as selected by the firm after initial screening from pool of talent. AHP-LP and TOPSIS-LP integrated approach were applied separately for evaluation and implementation of personnel selection model. Further, both the approaches were compared to find the best fit and optimized model.

As per the findings, both AHP and TOPSIS can be used to select the best candidate among the alternatives available. TOPSIS was found easier to implement as it involves ranking of applicants with respect to each skills required for respective job profile only once, whereas AHP involves pair-wise comparison among candidates with respect to each skills required for respective job profile and normalization of each comparison, resulting in the formation of number of comparison matrices. However, AHP is more reliable as it considers consistency check for each level of pair-wise comparison. Hence, there is a chance to avoid or revise the human judgment error. Integrated ranking and optimization approach minimizes the cost by suggesting the relevant positions to be filed to make an efficient team.

Group of interviewers are involved in the decision-making process, hence there are chances of biasness in ranking method which can influence the group decision. Research is limited to a particular geography of North India therefore needs to be tested for other regions also in order to generalize. The research will help the third party logistics (3PL) and other related firms in efficient team selection.

The researcher focuses on formalizing a method for potential candidate selection by considering the constraints of the organization. It has been observed that limited researches have been done on the application of AHP-LP or TOPSIS-LP integrated approach for selection process. Hence, this research proposes two integrated ranking-optimization method and suggests the best fit by comparing both the approaches.