Distinguished Visiting Professor

Dr Saumen Chakraborty

School of Entrepreneurship and Management Studies

Interests

  1. Strategy and dynamic resource allocation (dissertation theme)
  2. Organisation transformation including HR, Digital, ESG
  3. Finance and Risk Management including negotiations
  4. Theory of Constraints (TOC) and Total Quality Management (TQM)

Education

2021

Indian School of Busines Hyderabad
India
Executive Fellow Program in Management (Equivalent to Ph D)

1984

Indian Institute of Management Ahmedabad,
India
Post Graduate Diploma in Management (equivalent to MBA)

1981

Visva Bharati University Santiniketan
India
B Sc (Hons.) in Physics

Experience

  • 2001-2020 – Dr. Reddy’s Laboratories, Hyderabad – Multiple assignments as CHRO, CFO, CGGO, Global head of Quality, Global head of Digital & Process Excellence
  • 1995 – 2002 – Tecumseh, Hyderabad and Delhi – Multiple assignments as CHRO, Operation head, Strategic planning, IT
  • 1991 – 1995 – Eicher, Alwar and Delhi – Multiple assignments as HR head, Finance head, Principal consultant
  • 1986 – 1991 – C-DOT, Delhi and Bangalore – Program management in HR, office automation and MIS
  • 1984 – 1986 – CMC, Mumbai and Delhi – Management Trainee and later Personnel executive

Research Interest

How to do dynamic resource allocation in the generic pharmaceutical industry?

The research aims to create a comprehensive practical framework that can help practising CEOs, CFOs and board members to discharge their role in dynamic resource allocation more effectively – a framework that connects the source of funds to various deployment options, connects the purpose, vision and values of the organisation to its business strategy and provides a toolkit for dynamic reallocation across various business units and deployment options. The history of resource allocation decisions in Dr. Reddy’s Laboratories Ltd. over the last two decades has been used as a case study in this research.

While Dr. Reddy’s has faced problems similar to those faced by other organisations in terms of doing resource allocation well, there has been a gradual evolution in this learning organisation. For a large part of its journey, the company has been relying, with reasonable success, on the strength of intuition and entrepreneurial instinct, refined by the learnings from past experiences to wade through these questions and arrive at decisions. The principles of TOC (Theory of Constraints) and SDP (Strategy Deployment Process) have played a fundamental role at Dr. Reddy’s in guiding decisions and actions.

While the case study gives the proof-of-concept, a survey among its senior managers establishes the influence of TOC and SDP in shaping resource allocation decision in the organisation. Qualitative research, based on interviews of thirty-six prominent professionals and experts in the generic pharma industry, further validates that tools like SDP and TOC are potentially useful for defining strategic priorities and resource allocation decision making. It also validates that the dynamic resource allocation framework (developed based on the case study of Dr. Reddy’s Laboratories Ltd. and amended based on the analysis of responses from both quantitative survey and qualitative research) can be applicable to other generic pharma companies to realise their business strategy.

Awards & Fellowships

  • 1980 – All-round best cadet (Gold Medal) in All India Advanced Leadership Training Camp – Directorate General NCC
  • 1985 – Special Recognition Award – CMC
  • 1990 – Exceptional Contribution Award – Telecom Ministry GOI
  • 2005 – Chairman’s Excellence Award – Dr Reddy’s Laboratories Ltd.
  • 2006 – Outstanding HR Professional, Asia’s top 40 - Singapore
  • 2008 – Best CFO in Pharmaceutical Industry – CNBC TV18
  • 2014 – All-round Best CFO of India – Business Today
  • 2016 – India’s Best CFO of the year - IMA

Memberships

  • Past Board Member in Academy of HRD, ABP Group
  • Current Board member of KIMS, Granules

Publications

  • HRD at C-DOT, Saumen Chakraborty, NHRD Network Conference Publications (1987)
  • Leadership Development at Dr. Reddy’s Laboratories Ltd.: A Case Study, Saumen Chakraborty and Deependra Singh Sengar, AHRD Conference Publication (2005)
  • What makes an HR leader valuable to the CEO, GV Prasad and Saumen Chakraborty, NHRD Network Journal (2011)
  • Organization Strategy to attract and motivate Gen Y, Saumen Chakraborty and Saurya Chakraborty, NHRD Network Journal (2011)
  • Innovating to meet India’s medical needs, Saumen Chakraborty, CFO Insights (2015)
  • Driving Strategic Growth, Saumen Chakraborty, IMA CFO Connect (2016)

Contact Details

TOP