My Management Guru
Submitted to: Sir Raza Kamal
Name: Sobia Khan 6428
Class ID: 14005
My Management Guru
Sumantra Ghoshal was an academic in the field of management. He was the founding Dean of the Indian School of Business in Hyderabad, which is jointly sponsored by the Kellogg School at Northwestern University and the London Business School. In 1985, he joined INSEAD Business School in France and wrote a stream of influential articles and books. He was also a Board member of the Lufthansa School of Business, Swiss Re, McKinsey & Company and member of Board of Overseers at Harvard Business School. In 1994, he joined the London Business School. Ghoshal was a Fellow of the Advanced Institute of Management Research (AIM) in the U.K and a Professor of Strategic and International Management at the London Business School. Anil Ambani, Deputy Chairman and MD, Reliance Industries Limited, said, "Sumantra Ghoshal has enriched many young minds all over the world by his books and articles, providing an insight to business, industry and management. His contribution to world institutes, including London Business School, is most noteworthy and his theories and philosophy will live forever, guiding the future generation."
GHOSAL BACKGROUND AND PERSONALITY:
Ghoshal was born in Kolkata (formerly Calcutta) on September 26, 1948. Ghoshal married Sushmita and they have two sons: Anand and Siddharth.He graduated in Physics from Ramjas College, Delhi University, in 1970. After graduation, he joined the Indian Oil Corporation (IOC) as a management trainee. He also put forth the '525 rule'. The '525' rule meant that 25 per cent of a company's sales revenue should accrue from products launched during the last 5 years. Ghoshal worked at IOC for the next 12 years, during which time he rose through the ranks.  During this period, he developed a keen interest in studying various organizations. During his stint at IOC, he held key positions in various departments, including General Management (Divisional Manager), Marketing (Product Manager), Finance (Accounts Officer) and Operations (Installation Manager). Ghoshal's interest in management encouraged him to pursue management education in the US in 1981. He pursued his MS in International Business at MIT's Sloan School of Management between 1981 and 1983. He followed it up with pursuing two PhD programs simultaneously - one at MIT, in International Business, which he completed in 1985, and another at Harvard Business School in Business Policy, which he completed in 1986.  In March 03, 2004, 55-year old Prof. Sumantra Ghoshal, who held the Robert P. Bauman Chair of Strategic Leadership at London Business School (LBS), expired in, following a brain hemorrhage. Ghoshal breathed his last at 8:00 a.m. at the Royal Free Hospital, Hampstead, in Britain. The news of the sudden demise of the eminent professor shocked the academic and corporate community across the world.
On his death, NR Narayana Murthy, Chairman of Infosys Technologies, the leading IT Company in India, said, "He was the rare management guru who brought with him a unique mixture of theory and practice. His death is a big loss to the academia and the industry throughout the world."  QUOTES: 
* "Sumantra Ghoshal was one of the most outstanding professors with whom I have had the honor to work. His enthusiasm and dynamism were inspiring, as was his unstinting drive for excellence in management Education and research. (Dr Laura D Tyson) Dean of London Business School.
* Sumantra was an extraordinary talent who has left an indelible mark on his field and...