Faculty

Navneet Bhatnagar

Asst. Professor
nbhatnagar@iimraipur.ac.in
7712474620

Additional Information


Navneet Bhatnagar

Asst. Professor
Ph.D. (IIT Madras), MBA (Devi Ahilya University Indore)
About Faculty

Navneet Bhatnagar is Assistant Professor in Strategic Management at IIM Raipur. Prior to this he served as Associate Director at the Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, Hyderabad, India. With 22 years of diverse experience in industry, academics, and family business, Prof. Navneet brings rich insights to his MBA class, executive training programmes and family business clients. He has been researching on various dimensions of family businesses, which include, professionalization, governance, next- generation leadership development, values, and philanthropy. Prof. Navneet has Chaired family business tracks at prestigious international academic conferences including the Strategic Management Society (SMS) and the International Family Enterprise Research Academy (IFERA). He serves as a member of the Executive Committee of Family Firm Institute- Asian Study Circle, Singapore.

Prof. Navneet has been an invited Speaker at various forums including: Next-Generation Leadership Summit by CII-FBN (2021); Developing Family Business Case Studies by Sage Publishing and NUS, Singapore (2021) and Family Business Leadership Talk – Masters in Family Business (MFaB), ISB

Prof. Navneet has published several articles in top peer-reviewed journals (including FT50) and contributed chapters to multiple research handbooks on family entrepreneurship. He has authored several family business case studies that are published by Harvard, Ivey, and Sage Publishing. His case studies have been taught at prestigious institutions including, MIT, UT- Austin, and Boston College. He serves as an ad-hoc reviewer for several top-tier journals in the field of business and management. Prof. Navneet has also authored several articles on family business topics for many renowned publications, including Campden FB, FFI Practitioner, The Economic Times, Business Standard, Moneycontrol.com and Business Today.

Prof. Navneet has helped several small and mid-sized Indian family businesses in dealing with their professionalization, governance, and leadership development challenges. He has conducted executive training sessions for family business members on: Developing Next- Generation Leadership for Family Business, Importance of Values and Tradition for Next- Generation Family Business Leaders, Personality Assessment to Identify-Job Fit in Family Business, and Family Business Philanthropy.

Prof. Navneet has a PhD from the Department of Management Studies, Indian Institute of Technology (IIT) Madras, India. His doctoral work was based on the assessment of firm competencies essential to foster service innovation. Prof. Navneet also holds the Advanced Certificate in Family Business Advising (ACFBA) from the Family Firm Institute, Boston, USA. He received the Outstanding Reviewer Award at the Family Enterprise Research Conference- 2019 in Burlington, USA. He is the recipient of the Fitzpatrick & Francis Family Business Continuity Foundation Scholarship 2020 and the de Visscher Advisers Scholarship 2018, which funded his Advanced Certificate and Certificate in Family Business Advising.

Area of Research
i. Firm competencies for Service Innovation
ii. New Venture Creation in Family Business
iii. Next Generation Leadership Development in Family Business
iv. Family Business Professionalisation and Governance
v. Values, Ethics and Philanthropy in Family Enterprise
Education
Ph.D. (IIT Madras), MBA (Devi Ahilya University Indore)
Affiliation
i. Assistant Professor, IIM Raipur
ii. Associate Director, Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business (ISB), Hyderabad
Awards & Recognitions
i. Outstanding Reviewer Award at Family Enterprise Research Conference 2019 (FERC), University of Vermont, Burlington, USA
ii. Advanced Certificate in Family Business Advising (ACFBA) - awarded in 2020 by the Family Firm Institute (FFI), Boston, USA (Leading global association of family business professionals and academics)
iii. Fitzpatrick & Francis Family Business Continuity Foundation Scholarship 2020 by Family Firm Institute, Boston, USA
Research

Journal Publications

>> Bhatnagar, N., Sharma, P. & Ramachandran, K. (2020). Spirituality and Corporate Philanthropy in Indian Family Firms: An Exploratory Study. Journal of Business Ethics (FT50 Journal | ABS: 3 | ABDC: A), 163 (4), 715 - 728

>> Bhatnagar, N., Ray, S. & Ramachandran, K. (2018). The Role of Familial Socio-Political Forces on New Venture Creation in Family Business. Cross Cultural & Strategic Management (ABS: 2 | ABDC: B), 25 (4), 550 - 577

>> Bhatnagar, N. & Gopalaswamy, A. K. (2017). The Role of a Firm's Innovation Competence on Customer Adoption of Service Innovation. Management Research Review (ABS: 1|ABDC: C), 40 (4), 378 - 409

Conference Papers

>> Bhatnagar, N., Sharma, P., & Ramachandran, K. (2019). How Spirituality Shapes Family Firm Philanthropy in India . International Family Enterprise Research Academy (IFERA) Conference, Bergamo, Italy, 2019

>> Bhatnagar, N., Sharma, P., & Ramachandran, K. (2019). The Influence of Spirituality on Family Firm Philanthropy in India. Family Enterprise Research Conference (FERC), Burlington (VT), USA, 2019

>> Ramachandran, K., & Bhatnagar, N. (2018). Building Next Generation Leadership: A Strategic Framework for Family Firms . Accepted for Presentation at the Strategic Management Society (SMS) Special Conference, Hyderabad, Dec. 2018

>> Bhatnagar, N. (2018). The Influence of Familial Socio-Political Forces on New Venture Creation Strategy in Family Business . Accepted for Presentation at the Strategic Management Society (SMS) Special Conference, Hyderabad, Dec. 2018

>> Bhatnagar, N., Ray, S., & Ramachandran, K. (2018). Decoding Family Togetherness: How Familial Bonds Shape the Family Business . International Family Enterprise Research Academy (IFERA) Conference, Zwolle, Netherlands, 2018

>> Bhatnagar, N., Ray, S., & Ramachandran, K. (2018). ‘Togetherness’ in Family Business: Measuring Familial Bonds in Action! . Family Enterprise Research Conference (FERC), Guadalajara, Mexico, 2018

>> Bhatnagar, N., & Ramachandran, K. (2018). ‘Ready, Steady, Go!’: Influence of Family Politics on New Venture Creation in Family Business . Accepted for Presentation at the European Academy of Management (EURAM) Conference, Reykjavik, Iceland, 2018

>> Ramachandran, K., Bhatnagar, N., & Ray, S. (2017). Preparing the Ground for Next Generation Leadership. Presented at Academy of Management (AoM) Proceedings, Vol. 2017, No. 1; Atlanta, USA, 2017

>> Ramachandran, K., Bhatnagar, N., & Ray, S. (2017). Bridging the Leadership Gap: How Indian Family Firms are Developing the Next Generation Members . Sougata, FERC Conference, Asheville, NC, USA, 2017

>> Bhatnagar, N., Ramachandran, K., & Ray, S. (2017). Preparing the Next Generation Battle Ready: Learnings from Indian Family Firms . IFERA Conference, Zadar, Croatia, 2017

>> Bhatnagar, N., & Gopalaswamy, A. (2017). Identifying Employee Competencies that Contribute to Development of Service Innovations in Family Firms. EURAM Conference, Glasgow, UK, 2017

>> Bhatnagar, N., Ramachandran, K., & Ray, S. (2017). Perfecting the Mould: How Indian Family Firms are Developing their Next Generation Leaders! . Sougata, EURAM Conference, Glasgow, UK, 2017

>> Awasthi, B. K., & Bhatnagar, N. (2017). The Role of Customer and Frontline Employee Interaction in Service Value Co-Creation. 11th Great Lakes-NASMEI (North American Society for Marketing Education in India), International Marketing Conference, Kotler-Srinivasan Center for Research in Marketing, Chennai, Dec. 22-23, 2017

>> Ramachandran, K., & Bhatnagar, N. (2015). Familial Socio‐political Influences on New Venture Creation in Family Business . FERC Conference, Burlington, USA, 2015

>> Ramachandran, K., & Bhatnagar, N. (2015). Family Togetherness’ in Governance and Family Business Sustainability . FERC Conference, Burlington, USA, 2015

>> Ramachandran, K. & Bhatnagar, N. (2015). New Venture Creation in Family Business: Influence of Familial Socio-political Forces . EURAM Conference, Warsaw, Poland, 2015

>> Ramachandran, K., & Bhatnagar, N. (2015). "Count Me In!”: ‘Family Togetherness’ and Governance in Family Business . EURAM Conference, Warsaw, Poland, 2015

>> Ramachandran, K., & Bhatnagar, N. (2014). Do Family Business Leaders Really Cooperate with Non-family Executives - Process Challenges of Professionalization . IFERA Conference, Lappeenranta, Finland, 2014

>> Ramachandran, K., Bhalla, A., & Bhatnagar, N. (2014). New Venture Creation in Indian Family Firms: Dynamics of Family versus Non-family Champions . IFERA Conference, Lappeenranta, Finland, 2014

>> Bhatnagar, N. & Vijayaraghavan, P. (2012). Employee Capabilities: Enablers of Innovation at Service Marketing Firms . 6th Great Lakes-NASMEI (North American Society for Marketing Education in India) International Marketing Conference, Kotler-Srinivasan Center for Research in Marketing, Chennai, Dec. 29-30, 2012

Cases

>> Bhatnagar, N. (2022). Hindustan Pencils: Drawing the Roadmap for Growth. Sage Business Cases. DOI: 10.4135/9781529774368 (Sole Author) (Family Business Series, Editor: Prof. Marleen Dieleman, National University of Singapore (NUS)).

>> Bhatnagar, N., Mantravadi, B. and Ramachandran, K. (2022). The Challenge to Transform Cipla for the Future. Sage Business Cases. DOI: 10.4135/9781529773835.

>> Bhatnagar, N. (2020). The Survival Battle of Deccan Chronicle. Sage Business Cases. DOI: 10.4135/9781529725827 (Sole Author)

>> Bhatnagar, N., & Ramachandran, K. (2020). The Emami Mission to the Next Orbit. Sage Business Cases, DOI: 10.4135/9781529709520

>> Bhatnagar, N., Ramachandran, K., Calabrò, A., & Ray, S. (2018). Merck, Darmstadt: Sustaining Legacy Beyond 350 Years. Harvard Business Publishing

>> Bhatnagar, N., & Ramachandran, K. (2018). Touchdown Footwear on a Slippery Slope. Harvard Business Publishing

>> Ramachandran, K., & Bhatnagar, N. (2018). Aurobindo Pharma: Gearing Up for the Future. Sage Business Cases. DOI: 10.4135/9781526441645

>> Bhatnagar, N. & Ramachandran, K. (2016). Ketan Logistics-Charting the Next Route. Harvard Business Publishing

>> Sivakumar, A., Ramachandran, K., & Bhatnagar, N. (2015). Leadership Succession at Achal: A Tough Nut to Crack. Harvard Business Publishing

>> Ramachandran, K., Mathew, A., & Bhatnagar, N. (2015). Professionalisation of Sudarshan Chemicals Industries Ltd. Ivey Publishing

>> Ramachandran, K., Suresh, J., & Bhatnagar, N. (2014). Zandu Pharmaceutical Works: The Takeover Bid (A). Harvard Business Publishing

>> Ramachandran, K., Suresh, J., & Bhatnagar, N. (2014). Zandu Pharmaceutical Works: The Takeover Bid (B). Harvard Business Publishing

>> Rangaswamy, A., Lilien, G. L., Bhatnagar, N., & Krishnan, K. (2012). Suzlon Energy: A Quest for Opportunities (#7002). Centre for Learning and Management Practice, ISB

Chapter in Book

>> Bhatnagar, N., Sharma, P., & Ramachandran, K. (2020). Religion and Business Families’ Philanthropic Practices. In Handbook of Qualitative Research Methods for Family Business. Eds. De Massis, Alfredo and Kammerlander, Nadine

>> Ramachandran, K., Joshi, S., & Bhatnagar, N. (2016). Emerging Paradigms of Corporate Governance and Managerial Professionalization in Family Firms. In Handbook of Contemporary Research on Emerging Markets, Edited by Merchant, Hemant

>> Ramachandran, K., & Bhatnagar, N. (2015). Challenges of Collective Leadership. In Developing Next Generation Leaders for Transgenerational Entrepreneurial Family Enterprises. Eds. Sharma, P., Auletta, N., DeWitt, R., Parada, M.J., & Yusof, M.

>> Ramachandran, K. & Bhatnagar, N. (2014). Professionalisation Efforts at Aurobindo Pharma. In Global STEP Booklet, Volume II; Sustaining Entrepreneurial Family Businesses: Developing the Core, Expanding the Boundaries. Eds. Sharma, P., Yusof, M., Parada, M. J., DeWitt, R. L., & Auletta, N.

>> Bhatnagar, N., & Ramachandran, K. . Influence of Next-Generation Family Champions on New Venture Creation by Business Families: An Indian Perspective. Accepted for publication in de Gruyter Handbook of Business Families, Editors: Michael Carney and Marleen Dieleman – forthcoming in 2023

>> Bhatnagar, N., & Ramachandran, K. . Professionalisation . In Elgar Encyclopedia of Family Business, Editors Allan Discua Cruz and Carole Howorth. Edward Elgar: UK - forthcoming 2023

>> Bhatnagar, N., & Ramachandran, K. . Consultants and Advisers . In Elgar Encyclopedia of Family Business, Editors Allan Discua Cruz and Carole Howorth. Edward Elgar: UK - forthcoming 2023

Others

>> Ramachandran, K. & Bhatnagar, N. (2014). Togetherness in Indian Family Business, Thomas Schmidheiny Chair of Family Business and Wealth Management, ISB.

>> Ramachandran, K. & Bhatnagar, N. (2012). Challenges faced by Family Businesses in India, Thomas Schmidheiny Chair of Family Business and Wealth Management, ISB.

Memberships
Training and Consultancy
i. Conducted Executive Education Training in Short Duration Programmes:
• Significance of Values and Culture in Family Business - Managing in VUCA World, in exec- ed programme on Developing Next Generation Leadership in Family Business, Indian School of Business, Hyderabad (January 2020)
• Understanding Personality-Role Fit in family business, in exec-ed programmes on Women in Family Business (December 2019) and Family Business: Managing Growth and Transformation – Indian School of Business, Hyderabad (January 2019)
ii. Provided advisory services and helped several small and mid-sized Indian family businesses in successfully dealing with their professionalization, governance, and leadership development challenges