M.Selvam, Professor in International Business and Commerce, Alagappa University, Karaikudi, India

This article is of a conceptual frame based on the experience and contemplations of the author on the main theme discussed, supplemented by a few references to reputed Indian institutions. There are plenty of institutions - business and non-business, all over the world. Some of these are repute & trusted, long standing & leading-lights and models & majestic. How these are possible for the few to become so exalted when so many could only just envy? Of course, there is neither magic nor short-cut. Everything results from concerted, planned efforts. So, what are the issues involved in building up an institution of repute? We could only highlight a few, but important issues and these are: Goal setting for planned development, parental nurturing during the infancy for sound footing, mas power grooming for a truly empowered institution, aligning with the society for enduring growth, becoming a learning institution for achieving excellence and environmental adaptation for sustained excellence. Conscious approach to these issues and concerted efforts to fulfill the requisites would go a long way in building an institution which will get institutionalized in due course.

Selvam, M. (2005). Issues in Institution Building. Skyline Business Journal, Volume 1, No. 2, pp 72-76.