19 December, 2017, Bengaluru: Indian Institute of Management Bangalore (IIMB) inked a Memorandum of Understanding (MoU) with the Confederation of Indian Industry (CII), on November 20, to develop the ‘CII-IIMB TCM Framework Document’.
The MoU was signed by Professor G Raghuram, Director of IIM Bangalore, and K V Mahidhar, Head CII – Total Cost Management Division, during the Cost Congress 2017, a flagship event of the CII-TCM Division, in Mumbai.
The Total Cost Management Framework Document embeds the TCM philosophy and charts a cost competitive growth path for Indian industries. The CII-TCM Maturity Model, an IPR of CII, embodies the philosophy and principles of CII-IIMB TCM Framework in its content, assessment approach and report preparation.
Addressing the CII Cost Congress 2017, Professor G. Raghuram dispelled fears that disruptions will disturb the peace in the business environment in general, and highlighted the need for shifting focus of cost control to non-voucher based costs like inventory and future costs.
(L-R) Professor G. Raghuram, Director, IIM Bangalore and K V Mahidhar, Head, Confederation of Indian Industry – Total Cost Management Division, exchange the signed MoU to develop the `CII-IIMB TCM Framework Document’, on November 20, 2017, during Cost Congress 2017 in Mumbai.
Professor G. Raghuram, Director, IIM Bangalore and K V Mahidhar, Head, Confederation of Indian Industry – Total Cost Management Division, sign the MoU.
Professor G. Raghuram, Director, IIM Bangalore, addresses the attendees at the CII Cost Congress 2017 on November 20, in Mumbai.
Key members of the IIMB and CII-TCM teams, including Professor G. Raghuram, Director, IIM Bangalore; K V Mahidhar, Head, Confederation of Indian Industry – Total Cost Management Division; C V Raman, Sr Executive Director (Engg), Maruti Suzuki; Seshagiri Rao MVS, Chairman, CII Cost Congress and JMD & Group CFO, JSW Steel; A N Raman, Member, Advisory Body on CII-TCM Maturity Model; P Thiruvengadam, Member, Advisory Body on CII-TCM Maturity Model; Professor M S Narasimhan, Dean, Administration and faculty from the Finance & Accounting area, IIMB, and Professor G Shainesh, faculty from the Marketing area, IIMB, with the MoU document.
19 December, 2017, Bengaluru: Indian Institute of Management Bangalore (IIMB) inked a Memorandum of Understanding (MoU) with the Confederation of Indian Industry (CII), on November 20, to develop the ‘CII-IIMB TCM Framework Document’.
The MoU was signed by Professor G Raghuram, Director of IIM Bangalore, and K V Mahidhar, Head CII – Total Cost Management Division, during the Cost Congress 2017, a flagship event of the CII-TCM Division, in Mumbai.
The Total Cost Management Framework Document embeds the TCM philosophy and charts a cost competitive growth path for Indian industries. The CII-TCM Maturity Model, an IPR of CII, embodies the philosophy and principles of CII-IIMB TCM Framework in its content, assessment approach and report preparation.
Addressing the CII Cost Congress 2017, Professor G. Raghuram dispelled fears that disruptions will disturb the peace in the business environment in general, and highlighted the need for shifting focus of cost control to non-voucher based costs like inventory and future costs.
(L-R) Professor G. Raghuram, Director, IIM Bangalore and K V Mahidhar, Head, Confederation of Indian Industry – Total Cost Management Division, exchange the signed MoU to develop the `CII-IIMB TCM Framework Document’, on November 20, 2017, during Cost Congress 2017 in Mumbai.
Professor G. Raghuram, Director, IIM Bangalore and K V Mahidhar, Head, Confederation of Indian Industry – Total Cost Management Division, sign the MoU.
Professor G. Raghuram, Director, IIM Bangalore, addresses the attendees at the CII Cost Congress 2017 on November 20, in Mumbai.
Key members of the IIMB and CII-TCM teams, including Professor G. Raghuram, Director, IIM Bangalore; K V Mahidhar, Head, Confederation of Indian Industry – Total Cost Management Division; C V Raman, Sr Executive Director (Engg), Maruti Suzuki; Seshagiri Rao MVS, Chairman, CII Cost Congress and JMD & Group CFO, JSW Steel; A N Raman, Member, Advisory Body on CII-TCM Maturity Model; P Thiruvengadam, Member, Advisory Body on CII-TCM Maturity Model; Professor M S Narasimhan, Dean, Administration and faculty from the Finance & Accounting area, IIMB, and Professor G Shainesh, faculty from the Marketing area, IIMB, with the MoU document.