By A Correspondent
The International Business arm of Times Network was recently awarded the Porter Prize 2016, which aims to recognise strategic acumen of corporates in India. The Porter Prize Award in ‘Creating Distinctive Value’ category was received by Times Network MD & CEO, M K Anand and Head of International Business, Naveen Chandra in the presence of Minister of State for Civil Aviation Jayant Sinha at an event held in Delhi. The ‘Creating Distinctive Value’ award honoured Times Network International Business for iots outstanding performance in the industry, ability to offer solutions to customers, effectively creating new market spaces, segments and providing solutions that redefine the market.
Porter Prize is organized in honour of the renowned philosopher, thinker, Harvard faculty member and Father of the modern strategic field, Michael E Porter. The central idea of the Porter Prize is to propel companies to compete on the basis of value creation, innovation and strategy and has a robust three-stage process of making an application, strategy audit and jury evaluation.
Commenting on the occasion, MK Anand, Chief Executive Officer & Managing Director, Times Network said, “This is a proud moment for us all at Times Network. Winning the Porter Prize in ‘Creating Distinctive Value’ is a testament to our central credo – Now or Nothing. With over 100 million English viewers, Times Network is the most powerful media platform to influence opinion makers in and about India. We realise that beyond nurturing a profitable business we are also in a unique position to speak to our audiences and effect positive change in the Social and Economic spheres through our powerful channels. Towards this end, we are happy that we have been able to put together highly impactful platforms in India and across the globe along with like minded partners and start making a difference.”