IMA Insights

The launch of ChatGPT by OpenAI in late 2022 took the world by storm. Businesses worldwide are hopping on to the bandwagon, incorporating AI-powered language models into their products. However, this has thrown up some troubling questions about the use of ChatGPT and equivalent software in educational institutions, workplaces and beyond. This podcast looks at the different ways businesses have embraced ChatGPT and the possible implications.

The need to innovate constantly is essential for survival. Companies with dominant market shares become complacent and then, as if by stealth, a new competitor comes along with a disruptive idea and changes the business landscape. In this paper, we explain the remarkable story of Info Edge; how it destroyed the most profitable product line of newspapers and what it does to stay ahead in the game.

Adopting ESG compliance measures today can create tailwinds for its implementation by articulating the organisation’s purpose and values and linking those with its ESG priorities.  
At a recent India CHRO Forum session in Mumbai, Anirban Ghosh, Chief Sustainability Officer at the Mahindra Group, illustrates the role CHROs can play in driving forward the ESG agenda. 

Having the strength of character to become a better version of yourself and create value for others are two key attributes of leadership. The armed forces have many lessons to offer because virtually every situation an organisation faces has been previously encountered and resolved in the Army.
At a recent India CEO Forum session in Pune, Lt General Chauhan offered valuable leadership lessons from his experience that can be applied across domains.

Of all the individuals in the C-Suite, it is CFOs who are the best placed to be the CEO’s ‘right-hand-man,’ but this does not come automatically. Rather, for this to happen, CFO’s must position themselves as a critical value enabler and thought partner.

At a recent India CFO Forum session in Pune, Manish Bhatnagar, Managing Director of SKF India, shared his view on what CEOs expect from their CFO, and how the latter can step up and rewrite the Finance agenda to contribute at a strategic level. This podcast offers a commentary on the same.

India’s legal and regulatory landscape is fast evolving, with the trust deficit between businesses and regulators widening dramatically. From being mainly principles-based, regulation is increasingly becoming rules-based and the regulators more enforcement/prosecution-focused.
At a recent India CFO Forum session in Mumbai, Bharat Vasani, Partner, General Corporate, TMT Practice, Cyril Amarchand Mangaldas, decoded some of the recent changes and their implications for business. A brief summary of his perspective is provided below. The attached paper offers a fuller commentary of the same.

Nearly all of today’s leading global businesses are technology-first organisations. Looking ahead, corporate success will pivot around technology and innovation. One of India’s oldest start-ups, Info Edge has succeeded in the face of rapid change in the industry. From a small business in 1997, it is today a tech behemoth with multiple verticals and ventures under its wing.
At a recent India CHRO Forum session in New Delhi, Hitesh Oberoi, Info Edge’s MD & CEO, offered insights on building a culture that facilitated his company’s enviable growth path. He also discussed the role of CHROs in the creation of such a culture. This podcast captures some key takeaways from the session. 

Over the last few years, infrastructure in India has been developed at an incredible speed. While public attention has been focused on various political and ideological ‘issues’, departments of the Government have quietly gone about their task literally transforming the country's physical landscape. It is worth reflecting on just how much has been achieved or is shortly about to be, as the attached podcast attempts to do.

In a digital world, transfer pricing dynamics are constantly being disrupted and CFOs must grapple with ever-greater complexity on this front.
At a recent India CFO Forum session in Bangalore, Vijay Iyer, Partner and National Leader, Transfer Pricing, EY India, shared insights on how companies are dealing with TP disputes and the role of advanced pricing agreements (APAs) in that. He also shared his views on recent developments in the area of base erosion and profit shifting (BEPS), especially its 2.0 version. A brief summary of his perspective is captured in this podcast.

India has a 20% female workforce participation rate compared to an 80% participation rate for males. Societal expectations, biases at the recruitment stage, and a perceived lack of skills and confidence are some of the main reasons that lead women to drop out of the workforce, and overall, just 10% of all educated, qualified women currently pursue long-term careers.

At a recent India CHRO Forum session in Bangalore, Neha Bagaria, Founder & CEO of JobsForHer, shared her insights on how organisations can help solve the problem of hiring and retaining more female workers. This podcast summarises the discussion.