Tuesday, July 25, 2006

“Gruss Gott ! Finally I find you!”


Europe, to the majority, is a seemingly undulating mass of uniformity with precious little to separate one sprawling metropolis from the next. In a ‘me-too’ world, where predilection lies towards keeping up with the Joneses, to stumble upon rustic mountain magnificence, such as the terrain of Austria, is exhilarating. Unmistakably distinctive in its demeanor and radiating baroque perfection in every manner imaginable, my senses were set abuzz the moment I heartily treaded my way through Vienna International Airport, beginning the passage through a land I had long yearned to explore. It was as if a solitary piece had gone missing from a giant jigsaw, and it was to be christened Julian, my guide elect and shining beacon to be. It was not before long that nonchalant Julian popped out of the woodwork, exclaiming, “Gruss Gott ! Finally I find you!,” and whisked me away to the effervescent embrace of Vienna!

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

Tuesday, July 18, 2006

Baby’s day flavoured...


Pharmaceutical major Wockhardt can now boast of Farex and Protinex in its product portfolio. It has acquired Dumex India from its Dutch parent company, Royal Numico NV, along with the two baby food brands. As per the agreement, Royal Numico will provide technical knowledge on the manufacturing process of the infant food to Wockhardt. The acquired company’s name would be Dumex. Wockhardt also plans to incorporate some changes in brand image, including the look and flavors of the baby-foods. Farex, originally a Glaxo product, was sold to Heinz India, and later to Dumex, while Protinex was a Pfizer product, which had been acquired by Dumex.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

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Friday, July 07, 2006

New age leaders need to balance the equation between social power & achievement drive


The desire to achieve is a major source of strength in business, both for individual managers and for the organizations they lead. It generates passion and energy, which fuel growth and help companies sustain performance over the long term. And the achievement drive is on the rise.


We’ve spent 35 years assessing executive motivation, and we’ve seen a steady increase during the past decade in the number of managers for whom achievement is the primary motive. Businesses have benefited from this trend: Productivity has risen, and innovation, as measured by the number of patents issued per year, has soared.

In the short term, through sheer drive and determination, overachieving leaders may be very successful, but there’s a dark side to the achievement motive. By relentlessly focusing on tasks and goals – revenue or sales targets, say – an executive or company can, over time, damage performance.


For complete IIPM article click here

Source:-IIPM Editorial, 2006