Kailash Chandra Mishra

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Dr Kailash Chandra Mishra is known as a management teacher, orator, researcher and writer. He has a high index of versatility in functional management areas like Finance, Accounting, Marketing, Human Resource Management, Information Technology. Institutionally he is involved in the banking, insurance, capital market, energy, oil, power transmission, commodity, marine, aviation and education sectors. His seminal work in areas like corporate governance, manpower planning, micro and macro interface, risk management, turn around management, commoditization of service and regulatory arbitrage are extensively cited. He is an institution builder, having created several institutions both in India and in other countries.

1 Books
2 Management frameworks
3 Extramural innovations
4 Academics
5 Institution building
6 Progression
7 External links

[edit] Books

His books include The Game is changing: Insurance Reloaded; Insurance Demystified: Reading beyond the lexicon; Medical Informatics: An exploration; Finance for family managed business and Financial Management: In the era of reforms. He is a newspaper columnist and writes a popular column every Saturday in DNA - Money - Comments. He has more than three hundred published papers in various national and international management journals. In 2007 he has published eight textbooks through Vikas Publishers in New Delhi. These books include: Insurance Business Environment and Insurance Company operations; Life Insurance : Principles & Practice; General Insurance : Principles & Practice; Financial Management & Insurance Accounting; Elements of Actuarial Science; Legal & Regulatory Aspects of Insurance; Basics of Personal Financial Planning; and Life Insurance Underwriting. Each of these books was coauthored by one of his doctoral students or management associates.

[edit] Management frameworks

He is singularly credited with creating cited management frameworks. Some of the important frameworks are "Mishra's Seven A framework of insurance management", first published in his book Insurance Reloaded, "APES framework for insurance organization", first published in USA, Chamber and Partners' journal Mondaq.com, "Mishra theory of preference dynamics in investment", first cited in his D.Litt. thesis "Mutual Funds in the emerging market", "Seven P framework of underwriting", first published in "Asia Insurance Post, and "3L framework of retrocession planning", first published in the journal "Bima Quest". His cost-based underwriting work has been adopted as standard for determining trend-based pricing of risk management products.

[edit] Extramural innovations

In various management schools he has founded, he has introduced some extramurals like BEAD (Business Etics Advancement and Development), MID (Management Intrapreneurship Development), STUDENT (Structuring The Unstructured by Discussion, Evolution, Negotiation and Training), POY (Power of You) and INLAB (Insurance Laboratory). At SPJIMR, ASCI and NIASOM, he introduced the concept of self-audit for management students - where the students takes responsibility for a part of his syllabus, topic, teacher, examination and examiner. Students' participation in management of business school is his avowed ideal.

[edit] Academics

By qualification he is M.Sc in solid-state physics with three gold medals, MBA, CAIIB and Doctor of Literature (D.Litt)in Financial Management. In 2001, International Biographer's Association gave him the Best Citizen of India award (he was one of the ten recipients). On 27th May 2008 UK Higher Education Minister Mr Ramell awarded Dr Mishra UK India Education and Research Initiative or UKIERI award "Technical and Professional Skills award 2007-08". The award was jointly shared by Mishra as the Director of National Insurance Academy, India with the Regional Director of Park Lane College, Leeds University, UK.

[edit] Institution building

Major institutions he has founded include NIASoM (A school of Management), NIASEE (A school for executive education), NIASPD (A school for producers' development), NIAPRI (A school for Pension research), Siam Takhsila Management Institute in Thailand (in collaboration with Chowla Insurance), Training Institute in Dubai (in collaboration with local Insurers), and WAII (West African Insurance Institute at Benjul for social security in collaboration with eight West African countries). He has propounded concepts like Parametric Insurance and Transinsurance. He has developed an insurance product in the style of "Cleanup Insurance" for AIDS patients. He has designed the catastrophic reinsurance model for South Asia at the behest of World Bank and is engaged in Earthquake, Tsunami and Agro-risk predictive modelling. He has contributed largely to organizations like Bank of India, S P Jain Institute of Management and Research, Administrative Staff College of India, National Insurance Academy, Loss Prevention Association of India, Maharastra State Cooperative Deposit Guarantee Corporation, Unit Trust of India Asset Management Company, UTI Ventures and Doha Bank Assurance Company. He has been a visiting Professor at international universities like Columbia University, University of Connecticut, CPCU Atlanta, Wharton's Aresty Business School, Yale University, Singapore and Dubai Management Centres of SPJ, and Manchester Business School, among others.

[edit] Progression

Dr Mishra is from a village called Sriramachandrapur in Puri, a district of Orissa. Currently he advises several ministries of the Government of India and he has advised eight different ministeries of the Government of India in the past. His concern for Micro finance and micro-insurance have been his strongest points apart from professional education. In May 2008 Dr Mishra is appointed as a member of Planning Commission of India subgroup on Weather Insurance for Agriculture.