Wednesday, December 26, 2007

A rare ‘Pratibha’ to rise to the top

“I got to know about her candidature from the news on television. She has givenPratibha Patil me numerous shocks in life, but clearly this was the biggest one and we are still trying to get over it," commented Dr. Devisingh Ramsingh Shekhawat, the husband of the UPA-Left presidential candidate Pratibha Patil. An unassuming person and a low profile figure, 'Pratibhatai' as she is known fondly-has indeed come into national and international limelight, due to her candidature for elections to the highest constitutional post in the country. Although it is her gender that has indeed helped her to score a march over the other heavyweights being considered for the post, she is a woman of substance in more ways than one.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Saturday, December 08, 2007

Israel has long since decided that it has no interest in renewing its control over the Gaza Strip.

The world must recognise that the hopes stirred by the 1990’s peace process have been completely dashed. In effect, Hamas has returned the conflict to the 1960’s and 1970’s, when progress toward peace had to await the PLO’s readiness to stop using terrorism and accept Israel’s existence. Israel’s survival and full right to total self-defense has to be now supported internationally, and the slander and demonisation of recent years should also end.

The strategic implications for the region are equally grim. Hamas’s takeover of Gaza is a victory for the bloc is comprising Iran, Syria, and Hezbollah, as well as the separate branches of the Muslim Brotherhood (of which Hamas is one) seeking to capture power in their own countries. These forces fully comprehend that the most important global contest today is between radical Islamism and the rest of the world. The question is when the rest of the world will figure that out.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Tuesday, December 04, 2007

The real and reel Sivaji jhooms

South Indian superstar Rajnikant’s recently released Sivaji: The Boss has created waves in the country and also abroad. Sivaji is the country’s most expensive film till date (Rs.600-800 million) and had a record breaking advance booking which accounted for Rs.20 million. In many parts of the country, people paid between Rs.1,000-1,500 to watch it. The mania is not restricted to the country alone. It featured at number 9 in UK Top 10 list (quite an achievement for a regional Indian film). The movie attracted a full week show in Chicago too.


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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Monday, November 26, 2007

Offside football coffee table – 307,524.8 INR

The FIFA World Cup in South Africa might be three years away but football Offside football coffee table – 307,524.8 INRfever refuses to die down in-between. For those of you who keenly follow the English Premier League or European Football, a new product is about to light up your living rooms. A coffee table with a top made of glass, sheltering a mirrored football arena below, and a body made of oak and possessing a stainless steel frame – the Off side Football Coffee Table – is the ideal furniture for any avid football fan to lay his hands on. Designed to perfection by Howard Bushell in his practicum at Worcestershire, this offering is all set to turn the tables...

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative


IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

Tuesday, November 20, 2007

Don’t look any further; we have Indian banks

Harder to digest are the declared profit figures of foreign banks operating in India. Stanchart (with a 51% jump in profits), HSBC (a 64% rise), Citibank (27.5%) swamped the profit growth list; and the reality was that a significant portion of the growth came from non-consumer finance segment. For example, while a third of HSBC India’s profit comes from treasury operations, the remaining came from corporate banking. And the reason for tub thumping is the same for almost all foreign banks – Indian M&As. Not that foreign banks should not be allowed to make profits (in fact, it’s creditable that they’re operating with such supreme world-class efficiency in India), but of crying shame is the attitude of Indian banks that has ensured that they’ve simply not marketed themselves well in an opportunity where they could have ended up with humungous profi ts and net worth growth. And at a time when the customers themselves were none other than Indians. Ignominious is how I describe it! I’m sure analysts won’t be that lenient...
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Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Tuesday, November 13, 2007

“India is one

The more the merrier, they say! But, can the existing ad-pie accommodate so many channels? In the year 2006, advertising spends showed an exponential growth of 23% over last year’s spends to touch Rs.163 billion. However, as compared to other countries like New Zealand where ad spends contribute 1.38% to the GDP, Thailand (1.6%) and Singapore (1.12%), in India, the percentage is as low as 0.34%, which is miniscule as compared to the global average of 0.98%. Sure, there is enough room for the advertising pie to expand. What is also driving channel launches is the lesser dependence on advertising revenues in the future. The coming in of Direct to Home (DTH) and Conditional Access System (CAS) will ensure that most of the subscription money reaches the broadcasters.

Media planners are upbeat about the current churn in the industry. Says Naresh Gupta, National Head, Strategic Planning, Grey Worldwide, “Right now, there is nothing that speaks to a young girl or to a teenage boy or a 40 year male, and there is nothing that speaks to a retired man… From the agency perspective, the sharper audience you deliver to me, the better results it will get.”

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Thursday, November 01, 2007

“Blair option”

But even if Blair can get the economic development issues right, he can’t stop there if Abbas is to have a chance to succeed. Blair will need to gain Israel’s assurances that life for Palestinians, both in the West Bank and in Gaza, will become better. That includes greater freedom of movement, both within the West Bank and between it and Gaza.

Blair will also likely press Israel to prove its intentions by stopping all settlement activity in the West Bank – no new settlements, no expansion of existing ones.

By the same token, Blair will need to press the Palestinians to deliver a virtual cessation of attacks on Israel from Palestinian territories, including by Hamas, lest all peace efforts be blown apart by renewed fighting. As always, such a cessation would be at the mercy of extremists competing for power or bent on making peace impossible. In the process, Blair will have to talk to all parties, including Hamas – an Israeli and US sticking point.
These are all needs to be met even before the US can try again to broker a political settlement between Israel and the Palestinians. In the end, the obstacles may cause the “Blair option” to fall short. But everyone committed to a positive outcome for Israel, Palestine and the Middle east, should wish Blair good luck.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Friday, October 26, 2007

Can solar be the ultimate energy source on Earth?

In my last column I pointed out that solar energy is – with exception of energy derived from nuclear, geothermal, tidal sources – the fundamental source of all energy on earth. Also mentioned was the fact that 90 petawatts – that's 90,000,000,000,000,000 watts for those who like to count the zeroes – of sunlight fall on the earth each day.Where's my solar power missing? And if the sunlight falling on earth at six specific locations was converted to electricity, the energy would more than meet current world needs (15 terawatts). So why haven't the governments of Algeria, Australia, Chile, China, Saudi Arabia & USA (the countries in which these locations are present) built solar conversion facilities at these locations? There are a number of technical reasons, but the principal reason is economic.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Thursday, October 18, 2007

You can’t run a business without winning trust of your subordinates and that is why many leaders fail...

Sure, these remote leaders attend Jack Welch and Suzy Welchmeetings and other requisite functions, but they’d rather be staring into their computers. And if possible, all the messy, sweaty people stuff would be delegated to HR managers on another floor. Like know-it-alls, this breed of leader is dangerous, but for a different reason. They don’t engage, which means they can’t inspire. That’s a big problem.Image by IIPM Publications

A third category of lousy leadership is comprised of bosses who are just plain jerks. As a New York reader wrote us recently, “My boss is abusive, by which I mean disrespectful, finger-pointing and sometimes even paranoid.” Such leaders are usually protected from above because they deliver the numbers. But, with their destructive personalities, they rarely win their people’s trust.


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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

Monday, October 15, 2007

The new tiger…

High growth rate, booming international trade, tame inflation, high employment rate, manageable The new tiger…budget deficit…Phew! Mystified by all these economic indicators, then look to east Europe, a small country- Lithuania. This quiet and latent economy slowly crawled towards development and astonishingly emerged as brightest of all the Baltic States.

After the market crash of 1998, this Baltic Tiger revamped its economic policy and embarked on a developmental drive. Privatisation on large scale was adopted. This was followed by an effective tax collection procedure clubbed with reduction in administrative spending, which not only benefited them in short run but also in long run.
For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Thursday, October 11, 2007

An unassuming Kris steps in humble shoes

S. Gopalakrishnan, co-founder of Infosys Technologies has taken over as its CEO and MD afterS. Gopalakrishnan, co-founder of Infosys Technologies Nandan Nilekani stepped down from the coveted post. Gopalakrishnan aka Kris & Nilekani are amongst the seven engineers who founded Infosys. Kris who is ranked 35th among India’s 40 Richest by Forbes was unanimously elected by the company’s shareholders in its 26th AGM. Kris will be CEO for the next 5 years & prior to it, he was the deputy MD and COO of the company. Aft er talking over as the CEO, Kris revealed that he does foresee some changes in the company’s way of functioning. Kris also did not rule the possibility of acquisitions in future.
For complete IIPM article click here
Source:- IIPM Editorial, 2006
An IIPM and Management Guru Prof.Arindam Chaudhuri's Initiative

Wednesday, October 03, 2007

‘Bell’s ring in ‘Canada’

Watch out! As Bell Canada agrees to the terms of being taken over by a private alliance headed by Ontario Teachers Pension Plan. This $48.5 billion deal would mark the principal leveraged ever buyout in Canada. The shareholders’ nod to takeover this Canadian private telecommunications player would create the largest takeover in Canada. The Toronto based pension plan with assets worth $99 billion, invests & manages the retirement funds for Ontario’s 167,000 active & 104,000 retired teachers. With a 6.3% stake, the pension plan happens to be Bell Canada Enterprise’s (BCE) most important shareholder. A leveraged buyout of a mammoth public company by a private partnership, really makes the deal unique. Michael Sabia, Chief Executive, BCE said that the proposal is a 40% premium over the average price for BCE shares during the past year. Chairman, Richard J. Currie further added that the special step is for the shareholders who were always valued. The Group led by the pension plan, managed to outwit several other major bidders including a consortium of New York-based Cerberus Capital Management LP with Hong Kong based billionaire, Richard Li’s, Pacific Century Group & the Canada Pension Plan Investment Board with a backing coming from American buyout firm Kohlberg Kravis Roberts & Co.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Friday, September 07, 2007

Black Dragon!

China offers the greatest conundrum of our times. China’s rapid modernization over the last 3 decades has brought millions out of poverty, but has left China with 16 of the world’s 20 most polluted cities (357 out of 696 cities experienced acid rain) in 2005. China should be an example to all economies, to focus solely on economic growth to the exclusion of sustainable practices only gives the illusion of economic prosperity,” said Anna Clark – President, EarthPeople, LLC, a Dallasbased consulting firm – in a chat with B&E. The Chinese authorities are not dismissing this as another western onslaught aimed at disrupting their economic growth. “There seems to be a great deal of interest in protecting the environment from the central government in China. There’s innovation around issues like green building & solar power. But China is also building a lot of coal plants. And in the province, rapid economic development and job creation take precedence over environmental protection. So the picture is very mixed,” said Marc Gunther, a senior writer at Fortune & the author of Faith & Fortune: How Compassionate Capitalism is Transforming American Business.
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Source: IIPM Editorial, 2007

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Tuesday, September 04, 2007

An eye on the future...

Steel Authority Of India Limited (SAIL) is quite well known for its rapidly improving balance sheet year on year. The company had yet another stupendous financial year 2006-07 with a turnover of Rs.391.89 billion (growth of 21% y-o-y) & net profit after tax of Rs.62 billion (growth of 55% y-o-y). Chairman S.K. Roongta, while highlighting the inner strengths of the company further reiterated, “We (SAIL) are determined to make optimum use of our resources.” And SAIL has been quite bullish on environmentally sustainable growth for which it recently received a CSR award.
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Source: IIPM Editorial, 2007

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Monday, August 27, 2007

“Star has put all its eggs in the Balaji basket and created a brand bigger than itself.”

While, competition will surely go through the roof as also the options, it is specially NDTV and INX which are being closely watched. Reason? Paritosh admits, “...both (Sameer & Peter) know the genres and value chains in which Star operates and have a great network themselves.” If they could once help Star scale the heights that it did, what stops them from repeating the feat!

But, all is not lost.

Star Plus’ sister channel Star One is doing well, and it has some popular properties like Koffee with Karan, Antakshari, The Great Indian Laughter Challenge (hugely marketed), et al, to boast. “Star One’s weekend programming is quite strong, now you will see efforts to strengthen its weekday line-up,” says Vidyasagar. Moreover, to control the damage caused by the exodus, a major restructuring has taken place at Star India. Star News’ CEO Uday Shankar has taken over as the Chief Executive of Star India and Sanjay Jain has been appointed the CFO, among others.
For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Tuesday, August 14, 2007

Google’s search yields Hyderabad

Google, the search engine behemoth has zeroed down on techno city Hyderabad, for its new facility. It has signed a MoU with the Andhra Pradesh government for the same. The state government is allotting 20 acres of land at Kokapet in Rajendranagar mandal to Google for setting up the facility. The upcoming facility will house various functions like engineering, online sales and service, information systems and other support functions. Though calculations suggest that around 4,000 persons would be working in the new facility, there are chances of the number increasing as per the upcoming business needs. Google follows Microsoft and Infosys in opening a facility in the city.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Monday, August 13, 2007

Microsoft makes a Quantitative move!

In one Microsoft makes a Quantitative move!of its biggest acquisition ever, Microsoft has acquired aQuantive, the online marketing biggie at a whopping price of $6 billion. With this deal, Microsoft has complied to its previously outlined vision of providing the advertisement industry with a world-class advertisement platform. “The deal represents the next step in the evolution of our ad network from our initial investment in MSN, to the broader Microsoft network including Xbox Live, Windows Live and Office Live, and now to the full capacity of the Internet,” said Steve Ballmer, CEO of Microsoft . The deal has a lot of potential for Microsoft as it would enable the company to strengthen relationship with advertisers, agencies and publishers.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Thursday, August 09, 2007

The Namesake

With a penchant for accuracy and fresh original designs, Franck Muller’s titular watches are today among the most sought after time pieces. The 7880 Magic Hours 1 blanc watch has a magical white dial, which is set off by interesting blue-coloured hours, minutes and second hands. A smart black leather strap completes the look of this chic watch. Costing above Rs.2,00,000, this watch is worth every rupee you spend on it, with a guarantee to set you apart from the crowd. Don’t think twice before picking it up, for time is ticking away!
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Wednesday, August 08, 2007

Tortillas – Uncle Sam’s


The chaos that derives from the socalled international order can be painful if you are on the receiving end of the power that determines that order’s structure. Even tortillas come into play in the ungrand scheme of things. Recently, in many regions of Mexico, tortilla prices jumped by more than 50%. In January, in Mexico City, tens of thousands of workers and farmers rallied in the Zocalo, the city’s central square, to protest the skyrocketing cost of tortillas.

In response, President Felipe Calderon cut a deal with Mexican producers & retailers to limit the price of tortillas & corn fl our, very likely a temporary expedient. In part the price-hike threat to the food staple for Mexican workers and the poor is what we might call the ethanol effect – a consequence of the US stampede to cornbased ethanol as an energy substitute for oil, whose major wellsprings, of course, are in regions that even more grievously defy international order. In the United States, too, the ethanol effect has raised food prices over a broad range, including other crops, livestock and poultry.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Thursday, August 02, 2007

The Bounty Hunter

Mention the name Electrolux and you would be instantly reminded of all that this company failed to achieve in India. Despite having been up there with the fi rst movers in the business, Electrolux was quite swept away by the Korean tide. But interestingly, Electrolux President & CEO Hans Straberg seems quite unperturbed and claims that Electrolux is anything but written off . A meeting with Straburg leaves one quite impressed by his equanimity, clarity of vision & aboveboard demeanour. One can well imagine the intense pressures involved with being at the helm of a Fortune 500 company that’s just been through a massive reorganisation. Yet, Straberg seems to be geared up for the challenges in every way.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Monday, July 16, 2007

Six Sigma Syndrome...A solution or stigma?

Que: Do you still think it is necessary to implement Six Sigma throughout an entire organisation? Can’t it just be spot-applied to the routine processes where it belongs? (Arthur Mok, Cambridge, Mass.)
Ans: In a perfect world, your question would make perfect sense. Six Sigma, the intensive quality program used by thousands of companies around the world, should just be selectively applied to the kinds of routine operations that mainly benefit from its effects.
Credit card processing is a great Six Sigma target, for instance, as are many manufacturing activities, while creative endeavors like producing TV shows and crafting one-off investment banking deals most definitely are not.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Wednesday, July 11, 2007

Those Golden kids...

Unabashed! That is what Pepsi is in India when it comes to cricket. Despite the fact that the cola major burned billions in its run up to the World Cup campaign– Ooh Aah India–that left it shame faced at the end of it all (when the men in blue beat a disgraceful retreat back to the pavilion), Pepsi it seems has not burned its bridges with cricket just yet.

Could be to save face, but Pepsi is back with another incandescent campaign (for Pepsi Gold) that promises to bring back the next World Cup– Agla World Cup hum layenge. And believe it or not, the Indian cricket fan (for all his outward posturing of being done with the game after Team India’s humiliating defeat) has apparently lapped it up cap, bottle and golden drink.




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Source : IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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