Showing posts with label 4ps. Show all posts
Showing posts with label 4ps. Show all posts

Wednesday, February 17, 2010

1000 kilometers & 20 hours to live a second of Nehru’s pride!

This Industrial setup of National Thermal Power Corporation (NTPC) is the largest power station in India; but that’s not its only claim to fame. Pawan Chabra in his 70-hour long stay lives what Nehru had dreamt of!

After an overnight journey of 14 hours from the capital, I arrived at a place called Mirzapur. Another five hours by a “safe” state-owned transport bus and the last one hour by a three-wheeler, and the final destination was finally here – Vindhyanagar in Madhya Pradesh, where the National Thermal Power Corporation has its prosperous and well-maintained Vindyachal township. Of course, for lack of choice of a guest house in the township, my retreat for two nights and three days was called Yamuna Bhawan (one of the only two guest houses at the township; the other one was meant solely for VIPs), which stood about 500 metre from the main entrance gate of the township. After a brief rest of a few hours, I decided to walk around the colony, which covered about 50 square-km of ground.

On my initial interactions with a few residents, I learnt that just the previous two days (December 5-6, 2009), the Vindyachal Township had celebrated its annual fair called ‘Sharad Mela’ in The Lake Park for the 1600-odd families of the employees of NTPC who are currently residing in the township. Talking about his experience at the fair, U. P. Pani, who joined the company way back in 1978 and is today working as an Executive Director at the NTPC plant, explains, “There are popular rides like the Columbus and My Fair Lady. Then there are cultural programmes and eating joints that are organised. This fair provides the desired change and fun in the lives of families living in the NTPC Township and nearby areas...”

When it comes to infrastructure, NTPC’s Vindyachal hamlet earns some points too. Besides the aforementioned two guest houses, it has four schools, three recreational clubs and a flower nursery. Located in Madhya Pradesh’s Shakti Nagar district, the Vindyachal facility is one of the oldest plants of NTPC. Unlike many residents of PSU-townships across the country, those living in these parts seem to have little grudge for the manner in which this settlement has been maintained so far. “I have seen the township grow since I ever saw this place. It has only prospered since then... In fact, the condition of roads here is much better then those compared to the area around this township,” says a smiling Naresh Pandey, an auto-rickshaw driver who has been in the business for the past 15 years, driving in and around the township. Naresh helps me get around during the latter part of my journey.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-


Saturday, January 16, 2010

IIPM News - Mahatma Gandhi's descendants scattered around the world !

Mahatma’s eldest son Harilal’s great granddaughter Anushraya is a technologist in St.Louis, Missouri, and great grandson Rahul is business director in Washington University. Another great grandson, Prabodh is a doctor who works in a village in Gujarat. Harilal’s grand daughter Neelam works as a school principal in Nausari, Gujarat. Her son Sameer is an eye surgeon who works in a village in Saurashtra. “We are following in the footsteps of our great grandfather. Bapu believed in leading a simple life and serving the poor people. That is why we also chose to live among the poor and help them in our own ways,” says Neelam.

Gandhi’s second son Manilal’s grandson, Satish, lives in Durban. He is a photographer, has three children, two daughters and a son. His eldest daughter, Misha works at a radio station in Durban. Manilal’s second granddaughter Uma Mistri is a professor of history in the University of Cape Town. Her husband Gajen Mistri teaches linguistics in the same university. The third grand daughter Kirti Menon is a director of education in South Africa and her husband Sunil Menon has his own software company. Ila, Manilal’s third child, runs the Gandhi Development Trust in Durban and she is also a former member of parliament in South Africa. Ila’s son Kush was murdered in the early 1990s in South Africa. He was in his early 30s. Ila suspects it could be political vendetta as he was politically active but no one was arrested.

Even though more than half the clan lives abroad, they are still connected to their country emotionally. Vinayak, investment manager in UK, grandson of Devdas Gandhi, has named his youngest daughter India’ He has three daughters and he is married to a Swedish woman.

Asked if the whole family gets together sometimes, Tushar replies, “The family has not met in the past two decades. But all the four sons were represented by members of their respective families when the ashes of Bapu were immersed in the Arabian Sea on his 60th death anniversary on January 30, 2008.” As many as fourteen members of the family had got together. Sumitra Kulkarni, daughter of Ramdas Gandhi, does not even remember the names of the entire family. Asked if she gets to meet everyone, she says,” We meet when there is a need.” According to Tushar, till his generation all cousins still know each other but those of the next generation are strangers to one other. He says: “We have this need to meet at least once. We plan to do that we have always been talking about the reunion but everybody is scattered all over the globe that it becomes impossible to coordinate. Although we keep talking about the reunion but nothing has been done so far. I don't know if we will end up doing that ever”. Neelam also gets to meet only cousins from her generation. “When anyone visits Gujarat, they come to meet me. We are trying to do something to meet the entire family”, says Neelam, Harilal’s granddaughter.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Monday, November 09, 2009

Mujib’s killing triggered Bangladesh’s backward march

Sheikh Mujibur Rahman, the founder of Bangladesh, was killed by some disgruntled army officers on August 15, 1975, along with his family members, including nine-year-old son Sheikh Russel. His daughters, Sheikh Hasina and Sheikh Rehana, were the only survivors as they were abroad at that time.

The killers who confessed, Col (Retd) Rashid and Col (Retd) Faruk, along with some accomplices, were given capital sentences long after the murders. Most of them are now absconding while some are behind bars. The case is now in its final stage as the hearing goes on in the country’s apex court.

So, how was Bangladesh affected by the assassination of Mujib? Those involved in the plot or those who stood to benefit from this act will invariably say that the murder of Sheikh Mujib helped Bangladesh get rid of being subservient to Delhi and Moscow. It is true that Mujib and his party Awami League had and still has a pro-India image. India extended her hand of cooperation to Bangladesh’s struggle for independence. India gave shelter to 10 million refugees, trained the Bangladeshi liberation fighters, provided all sorts of supplies to them and finally, the Indian Army fought against the occupying Pakistani forces. So the good relations between Bangladesh and India during Mujib’s time was an obvious and logical conclusion of the nine months of bloody war.

Bangladesh was proud of having a modern, secular and democratic constitution just within a year of her independence. Democracy, socialism, secularism and Bengali nationalism were the four principles of that constitution and the state was getting a shape. Some may differ here, saying Mujib banned most newspapers except the four loyal to him and attempted to introduce a one-party democratic system in the country.

Mujib’s murder changed the character of the country. Then army chief Maj. Gen. Ziaur Rahman took office. The constitution was amended with social justice, full trust on Allah and Bangladeshi nationalism replacing socialism, secularism and Bengali nationalism respectively. Analysts say that the state mechanism started getting communalised from that period. But it could not influence people widely as it went against their heritage of over 1000 years.


Zia rehabilitated the anti-liberation forces and appointed Shah Aziz, one of them, as the Prime Minister in his cabinet. Mujib had initiated the trial of these collaborators of the Pakistani forces.

Another dictator, Gen. Ershad, took a leaf out of Zia’s book and declared Islam as the state religion of Bangladesh through the 8th amendment of the constitution. It helped the anti-liberation pro-Pakistan quarters gather strength to stake their claim to political power.

Mujib was hardly a socialist. He added the term ‘socialism’ to the constitution as at that time socialism was perceived to be the vehicle of equitable growth. It also brought Bangladesh closer to the Left block in the international arena.

August 15 brought a radical change in the country’s foreign policy. Dhaka did not turn her face away from friends in the Left block overnight but started pursuing a policy which leant towards the West. Within a decade of its independence, Pakistan lost its way to democracy. In 1958, Field Marshall Ayub Khan imposed military rule over the two-part country. And till 1971, Pakistan was ruled by the military junta and politicians who came from feudal backgrounds. The 1970 general elections brought Awami League a landslide victory mandating them to form government. Pakistani neo-colonialists did not agree to hand over power to Mujib or empower the Bengali people and instead ordered a military crackdown on 25 March, 1971. The war for liberation started.

Mujib's murder pushed politics back to where they were in undivided Pakistan. Military men and their subservient civil politicians came to the forefront. Both Gen. Zia and later Gen. Ershad formed political parties, namely BNP and Jatiya Party. It is beyond doubt that the August 15 incident steered Bangladesh in a totally different direction which the country might not have chosen if she had the option.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative



Tuesday, January 20, 2009

Thinning sales!

No one is being spared from the heat of the global slowdown; Electrolux is no different. It is planning to cut the sunday indianaround 3,000 jobs in Q4' of 08-09 from its offices all across the world. The major reason behind this move has been attributed to the falling sales volumes and product mix in the fourth quarter because of the surge in demand in the European and North American markets. The initiative is also in league with the company's plan of restructuring happening since last year. Needless saying, what else to expect from the company whose strategies are a failure.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs

Friday, October 31, 2008

Handsfree chat

If there’s too much disturbance when you talk on the phone or you’re just scared of the traffic cops slamming a fine on you, then this bluetooth earpiece from Bang & Olufsen is the perfect solution. Giving you crystal clear sound, this earpiece catches frequency ranging between 50 to 20,000 Hz. The bluetooth device comes with a two-year guarantee and a 1.2m extension cord.Price: Rs.14,700.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Thursday, October 23, 2008

Why your office doesn’t follow the Google model

Most managers want to empower their workers, but reality can get in the way

Que: What do you think about the Google model of HRM, with its flexible work schedules and employee empowerment? (Armando Castilla, Monterrey, Mexico)
Ans: The first answer to your question is easy: We think Google’s flexible work schedule policy, which freely permits employees to work offsite and encourages them to use one day a week to explore any kind of “what-if” project that interests them, is fine and probably harmless, if not completely predictable. After all, Google is not the first young, fast-growing, highly profitable company to tell its employees that work shouldn’t feel “corporate”. It’s practically a Silicon Valley tradition. Likewise, it’s practically a tradition for such policies to ebb somewhat when, and if, growth and profits slow. The second part of your question – about empowerment – strikes us as more complicated. We support empowerment; everyone knows that managers should give their people the freedom to make decisions and take risks. But in our experience, empowerment is one of those organisational concepts, like “creative destruction” and “collaborative work teams” that in time, as books get written and consultants move in, starts getting surrounded by more hype than honesty.

As an antidote, we offer three hard facts about empowerment, none should lessen its worth, only clarify its reality: In “normal” companies, empowerment isn’t granted to everyone equally, it’s earned by performance

Obviously we’re not talking here about Google, with its abnormal (although very admirable) success, and the big fat margin of error that success provides. We’re talking about regular companies with average growth & profitability, where with few exceptions, managers give people the leeway to experiment with big new projects only after they have demonstrated that they can knock the smaller ones out of the park.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Tuesday, October 21, 2008

Misplaced opportunities

Sadly, the Urea policy would not benefit anybody
Finally the Abhijit Sen Committee report suggesting new Urea policy was approved with an anticipation to reduce India’s urea import bill, which already crossed Rs.275 billion during 2007-08. The new policy proposes compensation to producers at import price parity of urea, instead of cost-plus-basis method prevalent today.

Urea is the most used ingredient in fertilisers in India yet to meet the demand 9 million tonnes is imported. There is no doubt that the new policy would make it more profitable for the companies to invest in urea production since they would be given higher subsidy. But the question is whether the new policy would be able to bring the much needed investment and would the benefits be passed on to the poor farmers.

Firstly, the new pricing would be applicable only to additional urea produced (over the existing rated capacity). But as Satish Chander, Director General, Fertiliser Association of India says, “The entire thing depends on gas availability and price. If it is available to fertiliser manufacturers at $5 per mmbtu the urea production will go up.” Availability of key ingredients like gas and LPG have always been a problem for producers and there has been no attempt by the government in this regard. Companies who can start greenfield investments would get as much as 85% of the subsidy while those who utilise under-used capacities will get 90%. In both the cases most of the players fail to meet the requirements. Most of the companies in India don’t have the needed cash-flows to either start new projects or increase production in the existing plants. Secondly, poor farmers who should get the final benefit of subsidies don’t get it. An IFPRI research has shown that half of the fertiliser subsidies actually go to companies rather than to farmers. In this case too, neither the farmers would feel any actual difference from the existing state nor the agriculture.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Monday, October 20, 2008

Med’iator Man!

Medvedev comes into element
For the first time in history, Russia is offering the world a better way to bring global peace instead of old gambles. Russian President Dmitry Medvedev along with his ambassador to NATO, Dmitry Rogozin, have outlined a historic and holistic plan to have a grand international conference next year in Moscow. Almost all NATO and European Union (EU) members, some of Russia’s ex-soviet allies, China and perhaps India are expected to meet in order to establish a new security organisation to deal with issues like terrorism and illegal immigrations.

Analysts comment that international organisations like the World Bank, IMF, NATO, UN, et al, actually have duped the world, where, instead of the globe becoming a multipolar society, US hegemony has become stronger. And now, with Russia striving to bring more neutral bodies into the picture, there seems to be new hope. A close scrutiny exemplifies that this Russian move will definitely help it renew its global stature. No doubt, what Medvedev is propagating using global forums, Putin is implementing using power, as seen in the case of Georgia recently. But is such a new forum really required? Of course yes; if you can’t nuke those damn yankee Americans, dupe them Med’iator Man :-)
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Saturday, October 18, 2008

Doubts are often raised

Doubts are often raised about how cost effective hybrids really turn out to be. NuWire Investor’s Cali Zimmerman compared the Toyota Camry hybrid with the normal version. The hybrid is $6,730 more expensive than the normal version, and if you assume average of 12,000 miles per year, the cost difference cannot be recovered before 13.8 years! So actually, they are currently a potent way of branding yourself as a environment friendly soul, as opposed to a money wise one!

E-85 has been another fuel innovation that has created waves, as it uses 85% ethanol (derived from corn crop), and only 15% gasoline. Burns of GM projects, “By 2010, GM will build 1.4 million FlexFuel units a year, and we are helping get E85 pumps installed across the US to fuel the three million E85-capable vehicles we already have on the road.” The main caveat (always is there, isn’t it?) is the way it is giving rise to rising corn prices in US. Some 9 billion gallons of ethanol in the US would be mass produced this year according to EPA, which is a significant 37% of total production. Then there is the indirect impact on the poultry industry too. All this when an estimated 1 billion people across the world suffer from hunger & malnutrition. So should the world work on feeding humans or cars? Companies are still trying to remove this dilemma. GM, for instance, is investing in companies that are developing technology around cellulosic ethanol, which is produced from non-food sources of biomass.

Hybrids are considered the stepping stone to the ultimate dream fuel for mankind - hydrogen. Non-polluting and quite in abundance; it involves 93% of all atoms in the universe. But consider an estimate by the ‘The Journal of the Federation of American Scientists’, which estimates that they won’t even be actually good for the environment till befor 2035. Firstly, hydrogen has to be separated from water, the process which is itself quite polluting, besides being expensive.

According to another report by Centre for Energy and Climate Solutions, using fuel cell vehicles and hydrogen from zero-carbon sources (like renewable power or nuclear energy) has a cost of avoided carbon dioxide of over $600 a metric tonne, which is more than a factor of ten higher than most other strategies being considered. Besides, factors like the lack of subsidies in the initial stages, the enormous effort required to build a hydrogen pipeline infrastructure, enormous cost of hydrogen fuel cells, et al, things appear far less rosy in effect if we take a practical consideration. With this being the state of affairs, it would be quite silly to expect that our, and my personal tryst with black gold would end any time soon. The only possible antidote visible is self restraint, which would accrue as motorists start realising that fuel prices are now rising beyond their wit’s end; or the Left coming to power, after which I expect petrol to be given free of cost to everybody :):):) Mrs. Robinson, I think I’ve finally lost it!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Friday, October 17, 2008

The no-brainer auto issue #1

Understanding the first is unbelievably simple! Fuel-efficient cars [in other words, cars that run on traditional petroleum and give increasing miles per gallon]! The reality is that companies that have focused less on providing high level quality (in terms of say, styling, driving, luxury, SUV experience) and more on providing flat fuel efficiency have succeeded beyond anybody’s expectations. The corollary is that companies that have focused on the opposite have tasted devastating billion dollar losses. It’s obvious that the solution was not something hidden away in strategic thingamajigs. And to say all this as an afterthought is, like I wrote above, a no-brainer. But in truth, the concept that fuel efficient cars are the future, was for every auto major across the world to see. Sadly, the only ones that focused on it with passion were the Japanese giants.

Of course, one has to accept that two years back, Bill Ford had divulged to the media that Ford would be necessarily moving towards more fuel efficient cars. That should have done it, right? Well, there was just a slight little problem. Despite his public statement, Bill never moved towards ‘fuel efficient’ cars! [“The market was pulling us in a different direction,” Bill reveals in BusinessWeek this August]. Dangerously, neither had GM! And we’ve not even started discussing the travails of the down and almost out Chrysler yet, which is perhaps simply looking around for a suitable buyer! The Detroit three, unfortunately, focused horse-headedly on selling SUVs and tough trucks, and investing more and more into R&D [close to $12 billion annually] to recreate products that were doomed from the start! That’s how tough it takes some billion dollar loss makers to understand no-brainer issues.

The no-brainer auto issue #2

I caught up with Christian Breitsprecher, equity analyst at one of Germany’s largest investment banks, Sal Oppenheim, and he commented, “Obviously, the auto industry did not foresee the trends... that one day the price per barrel would be so high. Companies, which do not invest in alternate fuel will go down and hybrids is just an element of the entire investment.”

That brought me to the no-brainer issue number 2, hybrids! To say that it’s the most over-hyped concept in the industry today not worth even the media space it occupies, is to speak the truth. The situation today is such that after testing out, one should say successfully, the concept of fuel efficient cars, car manufacturers today are assuming presumptuously that the next logical step in this hugely competitive world is the hybrid (for the rare uninitiated, a car that runs on a combination of petroleum and another source of energy). And more so companies that are leading the race, like Toyota, Honda etc. Dramatically, the fact is that even with hugely profitable companies like Toyota and Honda, who believe that with hybrids they have the instant solution for the future, the concept could be a thrashing in disguise.

The first structural defect afflicting hybrids is the market share. The hybrid is, in simple terms, before its time, and cannot account for significant market share and usage for the next ten years globally. Illogical you said? Look at the figures even in the world’s top auto market (or is it second already?). In the US, despite being ‘in the news’ for the past decade, only 347,102 hybrids were sold in 2007 (see detailed story later on, ‘Where, Mrs. Robinson, lies the problem’). That means that even with Toyota monopolising a 70% share of the market, and after all the billion dollar global marketing hoopla attempted by various auto corporations, hybrids accounted for only a miniscule 2.15% of the total new vehicle sales in the US, and puniest percentages in other global markets.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Thursday, October 16, 2008

Media Savvy Techno-‘Sapien’ts

Alan Herrick President & CEO,Sapient

In an exclusive interview with B&E, Alan Herrick, Presidentbusiness & CEO, Sapient reveals the company’s business model and how Sapient is leveraging its interactive marketing & consulting businesses to succeed in today’s changing landscape. Herrick joined Sapient in 1995 and was instrumental in top- and bottom-line growth of Sapient’s Trading & Risk Management business. Herrick has also served as Executive VP, in charge of North America & Europe. Prior to joining Sapient, Herrick held key management positions at PSE&G, Prudential and Home Holdings Inc. Currently Herrick works closely with the Sapient leadership team to set strategy & foster a culture of innovation. Excerpts from the interview with Sapient’s top boss: B&E: How has the journey for Sapient been so far, both globally as well as in the Indian market?

AH: Sapient continues to experience growth across all of our key geographies – North America, Europe and particularly India. Last year was a watershed year where we realised top line revenue growth of 34% YoY along with strong cash flow and solid margin expansion. We’re well-positioned in two large & growing adjacent markets – interactive marketing & consulting. With marquee global brands such as Sony, Scandic Hotels, Virgin Charter and DeBeers, we continue to make excellent progress advancing our market strategy and position, and we are on track and in a strong position for future expansion. Our Indian operations are very important for our ongoing success & growth. We launched our India operation in 1999 and now we have three facilities operating in Noida, Gurgaon and Bangalore.
B&E: How important are the operations in India for Sapient global?
AH: Sapient’s Indian operation is a key component of our renowned Global Distributed Delivery (GDD) model, which supports clients in North America & Europe. Our world-class GDD model helps our clients achieve improved ROI on a wide variety of engagements across our interactive marketing services & consulting groups. GDD, combined with our expertise in business strategy, technology & user experience, has been a competitive advantage for us for the past eight years.

B&E: How do synergies between consulting & interactive business help Sapient?
AH: Our clients are thrilled that we can build & implement their websites, unlike standard advertising agencies. We can also tie the e-commerce platform to their back-end transaction systems – no one else can do that the way we can. This is a key differentiation for us. The consulting & marketing businesses actually have more in common than you may realise. As the marketing world evolves, it becomes more dependent on technology. In fact, both marketing & consulting sectors are highly dependent on technology – an area where we’ve excelled. Our consulting group is focused on opportunities for clients around the intersection of business processes & technology. The consulting side works through a business process that takes advantage of technology & gives desirable outcome. With our interactive marketing group, we focus on designing & building multi-channel experiences. We take it all the way from marketing services through to e-commerce. We help clients acquire, retain & manage customers on the Internet and help them design online experiences & destinations that attract customers while giving them ways to measure & improve it for optimum success.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
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Wednesday, October 15, 2008

Anarchy knocks... yet again

As the power struggle between conflicting ideologies continues, democracy suffers in Pakistan
Pakistan's civilian government is fighting a losing battle with the Taliban and the al-Qaeda. The stance of Pakistan People's Party (PPP)-led coalition government to enter into a dialogue with the terrorists has been severely criticised by the West, especially the US. It believes that the Pakistani government has allowed the Taliban, already well entrenched in Federally Administrated Tribal Areas (FATA), to reorganise themselves and attack the US-led forces in Afghanistan more aggressively.

The reversal of the decision to rein in Inter-Services Intelligence (ISI) and bring it under the control of the civilian government, within hours after a notification was issued in this regard, is also being seen as a sign of weakness of the coalition. "If anyone is in charge of security policy in the tribal areas bordering Afghanistan, Pakistani politicians and Western diplomats say, that remains the military and country's premier intelligence agency, ISI, which operate with little real oversight," a story titled "Leadership Void Seen in Pakistan" and published in the New York Times said.

The assertion is true to a certain extent because PPP co-chairman, Asif Ali Zardari is calling the shots, whereas the PM, Syed Yousuf Raza Gilani appears to be a weak and docile person. No wonder he was grilled by US hawks when he visited that country. Back home, Pakistan Muslim League (N) leader, Nawaz Sharif, who's been PM twice and holds sway in the Punjab region, is constantly hammering PPP on restoration of judges. PML(N) has already withdrawn its ministers from the PPP-led coalition as a mark of protest on the issue and observers believe the PPP would be in real trouble if PML(N) quits the coalition.

Sharif is basically a right-winger with a sympathetic attitude towards Taliban and is unhappy that Pakistan fights a proxy war of the US in the tribal areas. He also abhors the policy of Pervez Musharraf to keep a leash on nuclear scientist, Dr. Abdul Qadeer Khan, who is accused of nuclear proliferation.

In the troubled Balochistan province too, political activists say that things are going from bad to worse and that would ultimately weaken democracy and strengthen the army that has ruled Pakistan for almost 30 years since the country got independence in 1947. "There''s been carpet bombing in Dera Bugti area of Balochistan during the last week, though the government claims that military operation has come to a halt in the province," Tahir Bizenjo, a former senator and a leader of National Party said. "The policy suits the establishment & Americans who prefer to deal with a military dictator instead of a civilian government," he added. With this state of affairs, democracy in Pakistan could become a casualty fairly soon.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
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Tuesday, October 14, 2008

Unholy sh!t...

India beats Pakistan...in ignominy
India has a dubious distinction of possessing the highest open defecation waste in the world – more than 50% of open defecation in the world takes place in India. According to Planning Commission, 4-5 lakhs of children below the age of five die every year because of water borne diseases. Poor sewage and lack of proper sanitation infrastructure results in 80% of the diseases in India. It is equally pathetic that only 40% Indians have access to toilets resulting in open defecation. If that was bad, industrial waste, which creates severe ground water pollution, is worse!

In this respect, a mention must be made of the magnanimous efforts of Dr. Bindeshwar Pathak for installing 6,50,000 toilets and 62 excreta based biogas plants under the Sulabh Sanitation Movement. The effort started from his home state where scavenging human waste is not uncommon. If controlling inflation is an important issue for the government, one wonders why so isn’t the objective of providing a dignified human existence for every Indian citizen? Politicians can rejoice – India, in the Human Sanitation Index, is now only above Afghanistan and Pakistan from the bottom!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
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B-schooled in India, Placed Abroad (Print Version)
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Monday, October 13, 2008

You have to do your ‘home’work first

Write to Jack & Suzy Welch at editor@businessandeconomy.org
Que: How can Mexico compete in the global economy? (Adolfo Navarro, Monterrey, Mexico)

Ans: Your question says Mexico, but put virtually any developing nation from Turkey to Brazil in its place and our answer would be the same. First, we’d state that countries whose businesses are trying to establish a foothold in foreign markets need an educated workforce, affordable sources of energy & supportive trade policies. But we’d add another factor that is, in our view, equally important. The businesses that will compete most effectively will be those that have benefited from intense competition right at home. No speed skater or pole-vaulter heads to the Olympics before years of intense competition with the best and brightest in his own backyard. The same goes for companies heading into the business “world games.” But it still doesn’t happen enough. Your own country is a good example. Its economy became “free” in 1994 when the government essentially stopped allowing companies to control entire industrial sectors. But nearly 15 years hence several conglomerates still dominate the national economy. There are exceptions: Cemex, the cement producer, and Grupo Bimbo, the food manufacturer are companies that have grown domestically and now manage to thrive in foreign markets. But Mexico remains a country with too little local competition, which has and will continue to take a toll.

By contrast, both Japan and South Korea prepared their companies well. In the 1970s, the Japanese government encouraged its “zaibatsu” to reform and compete aggressively locally before embarking on foreign foes, the implications most notably felt by the US a decade later, Korea unleashed its “chaebols” with similar results & companies like Daewoo & Samsung quickly established them as formidable competitors.
China, interestingly, still has a largely state-controlled economy, and yet its entrepreneurs have long been irrepressible. When GE bought a lightbulb factory in Shanghai in the 1990s, for instance, Siemens and Philips were the main concern. Within a year or two, however, scores of Chinese start-ups had purchased bulb-manufacturing equipment from Eastern Europe, launching a competitive slugfest. No wonder so many Chinese companies enter the global market armed for bear.

That seems to be what’s happening in India these days. Its economy began liberalisation efforts in the 1990s, but since 2000, they seem to be accelerating, with an increasing number of companies breaking into industries once controlled by a few family conglomerates. New technologies have helped. With the emergence of telecom, and specifically cell phones, a young company with an exciting business model – Airtel – has been able to compete fiercely with market mainstays Tata and Reliance. For all three companies, the innovations sparked by competition have driven growth and profitability – giving each the ability and confidence to expand overseas.

This is not just relevant to developing nations. In the US, established companies in the semiconductor and biotechnology industries are constantly being pushed to new heights by feisty upstarts coming at them. But it even happens in mature businesses. Case in point is the business news channel CNBC. Without any real competition for a few years, it was doing just fine when Rupert Murdoch announced that Fox was launching its own business channel. Seemingly overnight, CNBC looked like a new place, with reenergised anchors, bold new programming and a revamped Web site. Fox won’t stop coming at CNBC, but you can be sure both companies will be better for the fight.

Day-to-day, no normal person wants competition. It makes everything harder. But competition has an incontrovertible way of creating excellence and verve – in a word, edge. And you don’t want to leave home without that.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
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The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs