Kailash Chandra Mishra

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Kailash Chandra Mishra
Born 25 March 1951 (1951-03-25) (age 66)
Sri Ramchandra Pur, Puri, Orissa, India
Other names KCM
Occupation Institution Builder

Dr Kailash Chandra Mishra is known as a management teacher, orator, researcher and writer. He relocated from the Lal Bahadur Shastri Institute of Management, Delhi to take over as the first Vice Chancellor of Sri Sri University in Orissa founded by Sri Sri Ravishankar with patronage from Government of Orissa. The saga of his institution building is not without hurdles but the final outcome is in the interest of society.


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 used to write a column every Saturday in DNA – Money – Comments. He has more than three hundred published papers in various national and international management journals. In 2008 he has published eight textbooks through Cengage learning (Previously Thomson learning) 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. He has also published in 2008 two other books through ICFAI Publication, namely "Enjoying IIT-Jee" and Organizational Adaptation – A tag study of General Insurance TAC in India". In April 2011 he gave the ninth Odisha Swaviman Lecture "Orissa Civil Society Begs for a Shake", which was published as an Oriya book by the NGO Āma Oḍishā in Bhubaneswar.

Management frameworks[edit]

He is credited with creating cited management frameworkslike "Mishra's Seven A framework of insurance management", first published in his book Insurance Reloaded ICFAI Publication, Hyderabad, India, "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, Mumbai, india and "3L framework of retrocession planning", first published in the journal "Bima Quest", Pune, India.

Extramural innovations[edit]

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. When enquired as to why he has not started any further experimentation at Lal Bahadur Shastri Institute of Management (LBSIM), of which he was the Director, he has an interesting response. Lal Bahadur Shastri's Himalayan legacy runs at LBSIM. Lal Bahadur Shastri was known for his simplicity, honesty, integrity and assertiveness. Anyone understanding these values and internalizing the principles as a way of life does not need any further extramurals. At Sri Sri University he has introduced a concept for management students called ADLOP (Assessment and Development of Leadership and Outreach Potential).


By qualification he is MSc 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).

Institution building[edit]

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, Maharashtra 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, S P JAIN CENTER OF MANAGEMENT (Dubai & Singapore), and Manchester Business School, among others. He took charge of first whistle blowing Ombudsperson of Mutual Funds at UTI. He was appointed by Government of India to be a special invitee equivalent of a Board member for CAG Audit of PSU Insurance Companies – the finding is available at CAG website as submitted to the President of India. Another institution he holds is Technical Director of Doha Bank Assurance Company and Audit Committee Chairman of the company, which is regulated by Qatar Financial Services Authority (QFSA). He was also technical director of a venture capital company at Bengaluru (UVS) and advisor to the chairman situated in UK of one of the largest MNC intermediary Marsh with office in India. He is an expert committee member of EPFO for pension reforms and is also associated with RBI and SEBI in regulatory best practices. This makes him one of the most versatile experts in financial sector of India. As the Director of LBSIM, he also used to oversee other activities associated with Lal Bahadur Shastri Trust, most important of which is Lal Bahadur Shastri Research Centre (LBSRC) undertaking public policy research both at National and international levels. He is engaged in establishing Sri Sri University in Orissa which is declared by the spiritual leader Sri Sri Ravishankar to recreate the ethos of ancient Indian Universities like Nalanda and Rajgiri with Modern teaching learning facilities.


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 ministries of the Government of India in the past. His concern for Micro finance and micro-insurance have been his strongest points apart from professional management education. In May 2008 Dr Mishra was appointed as a member of Planning Commission of India subgroup on Weather Insurance for Agriculture. As first vice chancellor of Sri Sri University, he has a task to recreate the ethos of ancient Indian Universities like Nalanda and Rajgiri as per vision enunciated by the spiritual leader Sri Sri Ravishankar.

LBS National Award in India[edit]


Dr Mishra has the privilege of initiating LBS National award for 2009 on behalf of Lal Bahadur Shastri Institute of Management for Excellence in Public Administration, Academics and Management started in the nineties by the initiative of former union minister Mr Anil shastri, the son of Shri Lal Bahadur Shastri. The picture here shows Dr Mishra requesting the President of India to bestow the award for 2009 to Mr Sunil Bharti Mittal, the owner of largest telecom company in India.


One of the greatest national effort in India for ensuring inclusiveness in growth and providing much needed rural employment is MahaNREGA (Mahatma Gandhi National Rural Employment Guarantee Act). On 3 February 2010 Dr K C Mishra organized the submission of NREGA research report to the Vice President of India Mr Hamid Ansari.


Dr Shashi Tharoor, Former Union State External Affairs Minister of India discusses the developmental role of India in ensuring Regional peace and prosperity. Sharing the dias are Mr Anil Shastri, Mr Sunil Shastri and Dr K C Mishra.


Lal Bahadur Shastri was second prime minister of India. LBS National Award is given every year at President's House of India a day before birth day of Mahatma Gandhi and Lal Bahadur Shastri. Tenth LBS National Award was conferred on Mrs Aruna Roy, the pioneer for Right to Information Act and activist for woman empowerment in rural India as also ensuring food security for poor. Dr K C Mishra conducts the function in President's House on 1 October 2010.


After bowing to the President of India Dr Mishra seeks President's permission to initiate the national award function:


10th LBS National Awardee Mrs Aruna Roy delivers the acceptance speech with President Mrs Pratibha Patil, Anil Shastri (Son of Lal Bahadur Shastri), Christy Fernandes (Secretary to President) and Dr Kailash Chandra Mishra are in dias;


President of India offers photo opportunity to National Awardee with Dr Kailash Chandra Mishra and Mr Anil Shastri as dignitaries look on:


National Insurance Academy bids farewell to Silver Jublee with the visit of the then President of India Dr A P J Abdul Kalam who is led to the Open Air Theatre by Dr K C Mishra as the then Director:


Silver Jublee speech by Dr K C Mishra appraised by President Dr Abdul Kalam, the then Chief Minister of Maharashtra Vilas Rao Deshmukh and others:


Dr K C Mishra in an intimate discussion with the then President of India Dr Abdul Kalam:


Dr K C Mishra receives blessings of His Holiness Dalai Lama on 7 January 2011 at National Museum, Delhi:

Dalai Lama accepts a replica from Dr Kailash Chandra Mishra, Delhi National Museum, 7.1.2011 .jpg

Dalai Lama received by dignitaries – Dr K C Mishra says namaskar:

The Dalai Lama received by Dr. K. C. Mishra at Delhi National Museum, 07.01.2011.jpg

President of India Smt Prativa Devi Patil and Chief Minister of Delhi Smt Sheila Dikhsit inaugurated Lal Bahadur Shastri Institute of Management, Dwarka Campus on 23 February 2011 five days before Dr K C Mishra relinquished the Directorship of the Institute to pursue a career aimed at setting up a spiritually robust University in Orissa sponsored by the Spiritual Leader Sri Sri Ravishankar.


A picture of Dr K C Mishra and his spouse with Chief Minister of Delhi Smt Sheila Dikshit to peruse a show on life and times of Second Prime Minister of India Shri Lal Bahadur Shastri


A picture of Dr K C Mishra with spiritual leader Sri Sri Ravishankar and former WIPRO COO Dr A L Rao announcing the developments of Sri Sri University


A picture of Dr K C Mishra with spiritual leader Sri Sri Ravishankar of Art of Living fame at Sri Sri University where Dr Mishra's spouse is also present


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