Smart business

On the face of it, the Smart business seems to hold promise, with the movement of various American customer segments to smaller and efficient cars. However, the principal critique of this decision comes from the fact that despite recent promises, the Smart business has actually made a combined loss of $2.9 billion ever since its launch seven years ago.

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Source:- IIPM Editorial, 2006

Boeing must meet schedules - IIPM Article

Boeing CEO W. James McNerney seems to be flying high these days on a magic carpet, courtesy Sheikh Ahmed, chairman of Dubai-based airline, Emirates. Emirates recently placed the largest order for Boeing aircrafts at the Dubai Air Show in November. Sheikh Ahmed signed up for forty two Boeing 777 planes. Emirates was not the only large-scale buyer; eight Chinese airlines also signed a $4 billion deal to buy seventy 737 Boeing aircrafts. Now, with its order book (657 aircrafts) for the current year bigger than its European arch rival Airbus (499 aircrafts), are Boeing’s fortunes finally on a rise?

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Source:- IIPM Editorial, 2006

Hero Honda needs to focus on export markets for selling scooters (IIPM Publication)

Fill it, shut it, forget it!” This memorable slogan of 1980s launched Hero Honda on the path to becoming a market leader in the motorcycle segment of the two wheeler industry. Till date, the slogan has resonance as erstwhile market leaders like Bajaj find it difficult to forget it. This fact bears testimony when a relative upstart like Hero Honda usurped the leadership status in the 1990s; and has clung on to it tenaciously ever since.


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Source:- IIPM Editorial

Fortunes at the ‘top of the pyramid’ - IIPM

It’s perfectly logical. The automotive industry, with GM and Ford going all out to control costs, has tremendous promise for Indian outsourcing. On February 2, 2006, General Motors announced the awarding of a $15 billion five year outsourcing contract to select companies, including Wipro (awarded $300 million) and Satyam (awarded $150 million). Wipro will now be a part of the Tier-1 supplier list, along with EDS, IBM, HP and Cap Gemini (the latter two having tied up with Satyam for servicing).

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Source:- IIPM Editorial

If Toyota continues growing, it could well beat Daimler Chrysler (IIPM Publication)v

The writing on the wall is clear for not only American and European automobile makers, but even other behemoths in Asia; Toyota is a rising fever in the global automobile industry; and the only direction it seems to be going is up. Toyota Chairman Hiroshi Okuda has consistently maintained in no uncertain terms his vision to overtake the world leader General Motors in terms of market share in a few years. In an official statement, Toyota has claimed that the year 2005 would see it selling 2.5 million vehicles, which would be 21% more than the sale of 2.06 million in 2004. The fact is that if Toyota continues to grow with the same rate, it could easily surpass the position of the third largest automaker in the world, surpassing DaimlerChrysler, by 2009, according to CSM Worldwide, a leading automotive consulting firm.

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Source:- IIPM Editorial

Hero Honda’s Market in India (IIPM Publication)

To be fair to Hero Honda, despite the presence of heavyweights like Bajaj, Yamaha, Kawasaki, TVS and Suzuki, Hero Honda had managed to control almost 50% of the motorcycle market in India. According to Pawan Munjal, Managing Director, Hero Honda Motors, “Every second motorcycle sold during 2004–05 was a Hero Honda. We have demonstrated the resilience and enterprise of a true world leader in the face of severe challenges in the marketplace...

Source:- IIPM Editorial

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Copyright: IIPM-2006

TELL STORIES- IIPM Publication

Encourage employees to share stories about how they have used a corporate value to overcome challenges and gain a competitive edge. This will prompt others to think creatively about how to employ company values in their work.

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Source :- IIPM Editorial, 2006

The make over of Korea’s economic picture (IIPM Publication)

The result: The make over of Korea’s economic picture. The Asian financial crisis of 1997-99 brought to the forefront the structural faults in South Korea’s development; namely, high debt/equity ratios, huge foreign debt and an imbalanced financial sector.

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Source:- IIPM Editorial, 2006

Political gamesmanship over India’s reservations policy could cast a shadow over India’s ambitions of emerg¬ing as a global economic power in the 21st

Ever since the UPA government, led by Congress, promised in its manifesto that it would initiate a dialogue with the private sector to address backward class’ aspirations, the pressure has been mounting on UPA to force the private sector to follow reservations’ policy in jobs. But at a time when the economy is opening up to global competition, is it a viable option for India Inc?


The story of Ekalavya in the epic Mahabharata may have been a symbol of highest traditions of devotion and sacrifice practiced in ancient India, but today, when no political party can claim to be untouched by caste considerations, his story may go down as yet another example of caste based discrimination of a Shudra (lower castes) by a Manuvadi (believers of Manu’s law of division of society on the basis of caste) Brahmin.

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Source:- IIPM Editorial, 2006