Showing posts with label Renowned Management Guru and Economist. Show all posts
Showing posts with label Renowned Management Guru and Economist. Show all posts

Monday, January 12, 2009

On the night of November 26

I heard about both these incidents on the same day and the contrast hit me hard between the eyes. Our young CEO was lucky, but there were many others who stumbled upon their deaths because while they too did not know what to do next, unlike the CEO, the dice just didn’t roll their way. And yet, I have a feeling that if there were a handful of other professionals like these South African heroes – people who had some notion of what could be done to save their own lives and those of others around them, perhaps many more would’ve walked out alive from the Taj.

I’ve said this before and I’ll say it again - we are a people under siege and we’re practically on our own. It took a nine hour long ‘quick reaction’ for our commandos to be brought to location (and that they had to be brought there in ‘BEST’ buses, tells you about India’s ‘most terrorised’ city’s levels of preparedness). You might rant and rave, and light enough candles to pave the Marine Drive with wax, but you can bet your last recession-hit rupee on it that nothing, absolutely nothing is going to change if anybody with a voice (and that’s not you or me) in this great dysfunctional democracy can help it. There could be more terrorists tomorrow, and there could be more bombs; there could be cyclones, tsunamis and earthquakes, but help would only reach once it’s too late for most.

But we can’t remain helpless, at the mercy of the guy with the gun, whichever side he might be on. Just like the South Africans, instead of letting ‘terror’ paralyse us, surely, we too can prepare ourselves for such an eventuality. I wanted to know if there was anything I could do if I was stuck in a burning building with ruthless gunmen on the prowl? Is there anything we could do to hold the fort and save lives (including my own) until help finally arrived? Turns out, yes, we can…

I asked two of India’s most well known security consultants and martial artists – SWAT and Krav Maga Chief Instructor (India) and veteran Karateka Vicky Kapoor and Shaolin and Police Kung Fu and Kali Master Kanishka Sharma – the same question: what can a lay civilian can do in a 26/11 scenario? Apparently, conscription helps. A country that has had to fight insurgency almost since the day it was born would obviously do well if every citizen was also a soldier. “…it builds a sense of nationhood… makes you more aware as citizens”, says Kapoor. Well, but that’s not an option for now… what else?...Continue

Thursday, January 08, 2009

What a voyage!

When I was standing in the queue to enter a grand cruise ship from Singapore bound for Langkawi Islands and Phuket Islands my emotions were the same as that of Rose’s (Kate Winslet) in the 1997 super-hit film “Titanic”. It seemed unbelievable and I knew that this four-day trip is just going to be a fun-filled escapade!

The ship, for a little woman like me, seemed like a huge white monster almost touching the sky, with thousands of windows, unending corridors and numerous life-boats (the first thing I looked out for, especially after watching “Titanic” innumerable times!). On arriving, the ship’s mascots – a ‘lion’ and a ‘duck’ – and bikini-clad women, greeted us and also posed with us. I entered the main atrium which was no less than a five-star hotel’s reception with three golden horses prancing, and an orchestra playing in the background. I was spell-bound by the grandeur and opulence of the ship and set out for a tour around. But first, I went to see my room which had a perfect sea view, and sitting outside in the balcony I could feel the oceanic winds caress my face. Then I made my way to the top of the deck only to find the whole world on board! The deck had a swimming pool, jacuzzis, saunas, jet pools, gymnasium, mini golf course, basket-ball court, spa and fitness centre, kid’s pool, video arcade, shopping area, library, and what not! “I wouldn’t have a minute free!” I thought to myself after seeing those amazingly fun-filled ‘entertainment packages’.

On the following day, as I looked out for what to eat, I noticed that apart from the European cuisine, there was Indian cuisine as well which was very thoughtful and a commendable gesture on the crew’s part to cater to their guests’ liking. The ship housed various restaurants, be it the ubiquitous Taj Mahal, an Indian, Chinese, Italian or Japanese. So whatever ethnicity and culture the guest may have belonged to, they had a huge variety to choose from.....Continue

Saturday, January 03, 2009

The viciousness of the Mumbai attacks expose a new security flank: an unguarded 7500 km of desolate coastline. Ranjit Bhushan reports.

The question is being asked against the background of the RAW intercept.

The Navy chief has other problems at hand. US Intelligence officials told the CNN that their government had warned India of a maritime attack on Mumbai. The message was conveyed twice, including once in the last week of October, 2008. Security was maintained for a week and then the guard was dropped since nothing happened during that period. “Indian officials are prone to look at short term gains and not the long term picture,” the American official told the CNN. The Navy chief has angrily refuted the charges saying ``there was no such RAW intercept which was handed over to us” and rather than a security lapse, it was a systems’ failure.


Certain things have emerged clearly for which the Navy needs to answer. It is the first line of defence in international waters and the Coast Guards come as a second line, so to obliquely hint that Coast Guard was unable to pick up the trail of the killers is to put the cart before the horse. In addition, sources say that there is a lot left to be desired as far as coordination between the Navy and Coast Guard is concerned.

Now that broom closets are being opened, the callous neglect of the country's coastal defences is coming into sharp focus. India has 7,516 kilometers of coasts and most of it remains unmanned.

Gujarat and Maharashtra police officials examining the trail taken by the killers have interviewed fishermen on the coastlines of two states and the story that is emerging is of a coastline without any police restrictions, frequent and unregistered entries of fishermen back and fro Pakistan, forgery of smart I-cards issued by the Gujarat government identifying the fishermen, which according to one account, was flashed by the killers on the kidnapped boat, Kuber when accosted by an unnamed Coast Guard patrol.....Continue

Friday, January 02, 2009

AMAZE: The world shows up! Retro reprise

In conversation with Marcia Barrett

What kind of music was Boney M influenced by?
I can’t speak for everyone but I was influenced by The Beatles, Rolling Stones, Bruce Springsteen and Barbara Streisand and many others. I was influenced by a whole range of music before I started to sing.

How did the Boney M band come together?
I was a soloist earlier, I was an established vocalist in Germany, handling my own shows. I heard this producer was seeking people for his band, especially black people. I was a bit reluctant at first but then I decided that I should give it a break and I am glad I made that move.

How much of Boney M is in Marcia Barrett and how much of Marcia Barrett is in Boney M?
I would say quite a bit. My voice is there in most of Boney M music. I am a vital part of the sound of Boney M, and that’s what people buy even before the video is launched. I brought my know-how, how to sing – my gift from god – how to execute everything well with Boney M.

When you are on stage, do you still get the same response from the crowd as the yesteryears?
Yes, being the only Boney M member I get a great response from people. I feel that I’m the last one so I get the same enthusiasm from the audience. It is incredible, it feels great to see that people are happy to see at least one from the original group.

There must have been creative differences within the band; how did you cope with those?
No, it didn’t happen to us. We always had tons of writers. “Breakaway” was written for me specially. We never had a situation in which members would say that I would like to sing this or that. It was up to the record company. Soon you’ll hear my “Survival” album. It’s all from my personal experiences, when I was healing.

What changes do you see in the current music scenario?
I think they are more like “gilli gilli gilli” … (laughs) There are quite a few good artists. They are good in dancing and they have good bodies. On the whole, I am a little disappointed though. They tend to follow trends. They think if they are not like others, they are not in.

What keeps you busy besides touring?
There is a new CD coming up. I wish it was out soon so that my fans could know what we’re up to. It’s an exciting album and it’ll make people want to keep hearing Boney M......Continue

Monday, December 22, 2008

Intelligence speak: Needed, raw political will

Vikram Sood
Former RAW chief


The fidayeen attack on Mumbai is not only one of the biggest terror attacks in Indian history; it is the first of its kind. The terrorists have been misleading the media by claiming to be members of Hyderabad Mujahideen. The fact is that the audacious attack is part of a deep conspiracy against India that I am sure will gradually unravel. We are still to get the total picture.

This terror onslaught is much like the 1993 Mumbai serials blasts to avenge the demolition of the Babri Masjid in 1992. These latest attacks were extremely well orchestrated and carried out with the help of foreign elements. My own feeling is that even the underworld could be involved. And of course nothing of this scale could have happened without liberal assistance from locals. The underworld must have provided them with the logistical support needed to carry these out. Now, after Afghanistan and Pakistan, it is the turn of India to become the terrorists’ target.

Among the questions that must be answered soon is how the terrorists were at all able to land in Mumbai with their huge arms caches. Also, how did they reach these hotels? Were they or were they not frisked by the security men posted there? An intensive probe is needed to ascertain just how the terrorists managed to sneak in. This is why I say that they were helped and protected by local elements. An attack of this complexity could simply not have been planned in a day. The terrorists must have come to Mumbai and been around for long enough to do a meticulous recce of the areas they targeted. What particularly baffles is why the police so miserably failed to get wind of their movements. There is thus a persistent question mark on the efficiency of the Mumbai police.....Continue

Thursday, December 18, 2008

Ring of confusion

Everyone knows that if you want to estimate the age of a tree, you count the number of rings that make up its trunk. But would you do the same thing if you wanted to estimate the age of the rings?! Rings of planet Saturn, that is. Scientists are trying to calculate the age of these mysterious rings, and have estimated it to be 100 million years old. They reason that since the rings are shiny and reflective, the particles they contain are young and therefore the rings themselves are very young. Others however feel that with the age of our solar system being much older (4.55 Billion years), Saturn’s rings can’t be such a recent development. Who’s right? Sit back – it’s going to take a while....Continue

Saturday, December 13, 2008

Astro-psephology: who will win?

Starting with 1998 elections, psephologists, and what can arguably be termed ‘swingologists’, who changed their predictions hourly as reports of vote counting came in, looking at a swing here or a curve there, have all failed. So have the exit polls. Not just that, each exit poll (depending on which news media house was doing it, may be) contradicted the other, all going wild and none scoring a point, let alone the bull’s eye. The classic example of exit poll malfunction was in 2004, when most polls gave Bharatiya Janata Party a sweep. Congress romped home in a coalition instead. Recent times has seen politicos increasingly looking up to the galaxies and their readers for predicting their futures. So TSI decided to give it a go. Here are some astrological predictions from famous fate readers, each contradicting the other, many contradicting themselves too! And let’s wait till the results to check out which wins: psephology or astrology.......Continue

Wednesday, December 10, 2008

The BJP’s five-year term in Madhya Pradesh has fired the imagination of a lot of people who are keen to contest on the party ticket

What is the main election plank in Madhya Pradesh?
It has to be Congress’ inertia; its complete failure at all the fronts. In fact, being an opposition party, Congress does not have any issue that it can raise against the government. In fact, it is unable to raise questions on the performance of the government.
Congress has leveled serious allegations against the government including her inability to stop crime against women, arrest the increase in communal skirmishes and hunger deaths among others…
What can I say on that? I mean the work done by the government is there for all to see. There is no doubt that BJP’s tenure has been exceptional.
BJP’s prospects in the state can take a hit with the entry of parties like Bahujan Samaj Party, Samajwadi Party and Bhartiya Janashakti Party…
The state has witnessed a two-party struggle since 1962, I believe. And I am pretty sure it won’t change this time around too. In fact, this time too, only BJP and Congress are claiming to form the popular government. I mean there is no space for other parties here. Yes, they might gain a few seats here and there because of the delimitation. However, it is highly unlikely that they will be successful in increasing their share of vote.

But will it make a dent into BJP’s share of vote?
Some people get this bizarre idea that the party is dependent on an individual. BJP is a cadre based party. It is not a one family show. People who think like that are going to face a reality check in these elections. I am pretty sure that BJP will have a surprise return.

Do you have the cadres to take the message of the government?
Yes we do. We are ready. ...Continue

Friday, December 05, 2008

Bhattacharjee's pipe dream!

West Bengal Chief Minister Buddhadeb Bhattacharjee's claim that his state is an island in the dark sea of law and order stands shattered. Union ministers Ram Vilas Paswan and Jitin Prasad learnt this bitter lesson when they were returning after the foundation ceremony of Jindal Steel Works at Salboni, West Midnapur district, on October 26. Within 30 minutes of CM's departure from the site, a massive bomb blast took place, barely 20 metres away from the car carrying the ministers and JSW chairman Sajjan Kumar Jindal.

It is a measure of law and order failure that even after this, it was not the police which informed Bhattacharjee that his guests had been targetted. Rather, it was Paswan who called the CM up and told him. On November 3, Paswan sent a letter to Prime Minister Manmohan Singh seeking proper security, especially while travelling in West Bengal....Continue

Monday, December 01, 2008

Just a minute dmitry...

It was no accident that Dmitry Medvedev, the Russian president, announced a fresh missile deployment within hours of Barack Obama's election as US president. It was an attempt to knock the new entrant off the nerve; however, it also underlined Russian position vis-à-vis US design to deploy missile shield in Eastern Europe – Russia’s playground since time immemorial. While it offered the Russian leader a chance to charm the domestic audience who have had enough of western bullying in years when Post-USSR Russia lied low after its cold war defeat; it is equally true that given the Democrats’ indisposition about the missile shield in comparison to the Republican hawks, Russia jumped gun too early this time around.

Over the years, in an endeavour to bolster NATO members in the east of reciprocal security guarantees, the US and other western NATO states have time and again infuriated dormant Russia. However, a blatantly one sided approach of the west on Georgian affair and proof of American provocation of its headstrong President Mikhail Saakashvili, has made Russia come out of its cocoon. Medvedev's military message was also intended to daunt the Poles and the Czechs, who are to host the bases for the Pentagon's silos for 10 ballistic missile interceptor rockets. The missile that has been finalised to be deployed in retaliation in Kaliningrad is Iskander-M......Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Monday, July 21, 2008

Innovation or detonation?


When IIPM comes to education, never compromise

‘Take on anything’ is what the company believes in. Literally!


Bull’s eye is what every capitalistic entity aims for today, their arrow being their respective specialised competency! The $6 billion Mahindra Group is no different in this regard; its arrow – innovation. The group currently stands as the leading manufacturer of Utility Vehicles (UVs) in the country, ahead of many biggies. The company with its flagship auto manufacturing arm Mahindra & Mahindra (M&M) has forged its presence in five continents and has also established itself as a global player. Even in the face of competition, during 2007, M&M was rated amongst the top three auto majors in India as per a customer satisfaction survey. Today, M&M commands a stunning 44.8% market share in the UV category, which despite having slipped by 1.5% in the first half of 2007 as compared to first half of 2006 is to say the least comprehensive for a giant which has over 62 years of manufacturing experience to boast about. Today, the Mahindra Group has built a strong base in technology, engineering, marketing and distribution, elements which stand key to its evolution as a innovation and a customer-driven behemoth. Recently, M&M also launched the new ‘Mahindra Bolero Limited Edition’ where 4Ps B&M caught up with Vivek Nayer, Vice President – Marketing Automotive Sector, Mahindra & Mahindra Ltd.

4Ps B&M: What is the motive behind your latest launch of the Bolero ‘Limited Edition’ in the market?

Vivek Nayer (VN): Customer is on the constant lookout for something innovatively different. That’s why we have launched this model with customised differences in the aesthetics.

4Ps B&M: What is your target audience market for this new variant of Bolero?

VN: We are targeting at the urban-youth, mostly in the metros because they can easily connect with this car. Considering that there are only 1000 units available and that there is immense craze for SUVs among the youth, it should work well.

4Ps B&M: M&M is planning to come up with a new launch, the ‘Bolero Spykar’ during 2008. What difference would it make to the company? VN: Frankly, I am not aware about it till now. However, there is always something new happening. Last year, we took out a variant of the Bolero, which increased our sales by 35%. We would hope for anything along similar lines from future launches!

4Ps B&M: What about future plans?

VN: With M&M you can always expect more and more innovation in the market – it’s the name of the game.

Monday, June 30, 2008

You’ve got Mail


When IIPM comes to education, never compromise

The right message and design along wth the right database, can turn a direct mailer into a really lean, mean , marketing machine.

Back in 1886 a young railroad telegrapher in Minnesota acquired a shipment of unclaimed and thus undeliverable gold-filled pocket watches. They were exceptional in quality. He also happened to have a list of 20,000 names and addresses with him of railroad employees just like him. It struck him that they too would need an accurate timepiece. So he mailed each of them a letter which stated that he had just purchased an unclaimed freight of watches, whose quality he personally vouched for. He was selling them at a bargain price. Would they buy one from him?

If legend is to be believed, he sold all his watches in record time. Not just this, some of his new customers were soon ordering additional watches. So he mailed another letter to all his old customers, asking if they wanted more of those watches. Many said “Yes”.

If that was not enough some of his now regular customers, sent some of their watches for repair. So this time round he sent another letter to his customers, that he could also repair their disabled watches. He now expanded, by including repairing of watches as part of his business. Eleven years after his fortunate purchase of that unclaimed freight, his one page mailer had turned into a mail-order catalog of more than 750 pages with 6000 items. By 1902 the sales of his company had exceeded $50 million annually. The man was none other than Richard Sears, who founded the Sears, Roebuck & Company. Today the Sears Roebuck catalogue has become a household name. That’s Direct Marketing. If one has to go by definitions, then the best and the simplest was given by Drayton Bird. He said “any advertising activity which creates and exploits a direct relationship between you and your prospect or customer as an individual is Direct Marketing”.

Customers are getting more and more demanding. They expect greater variety of product and service to match their individual needs. They need to be targeted and marketed to directly, with tailor-made products. So direct marketing is growing in importance day-by-day. Today just about every company engages in direct marketing of one sort or another. In fact there are some businesses that are based on direct marketing – like Reader’s Digest or Time Life Books. Tools and techniques of direct marketing can be used effectively by any enterprise. Warner Brothers used it to promote their World War II movie “Memphis Belle”. They mailed 7,00,000 post cards offering a special $1 discount to each recipient and a guest for evening performances of the new movie. Interestingly these recipients were purchasers of the Time Life books or videos on subjects such as World War II, Nazi, Germany etc – all likely to be interested in the movie. Warner Brothers had formed a new organization Time Warner with the publisher Time Inc. They used this affiliation very intelligently to promote their movie. Direct Marketing did help in increasing ticket sales.

“If you sometimes unbutton your collar at the office we suggest you read on”. This was an advertisement for The Custom Shop Shirtmakers. It explained how only a custom made shirt could provide that extra quarter inch which was not possible in a readymade shirt. The ad. concluded by saying that “once we have your pattern you can reorder by mail or phone – very convenient” Come to think of it now you could actually order a shirt on the phone!
Back in 1952 Soichiro Honda and Mr. Fujisawa knew that one day they would have the best bikes in the world. Honda would make them and Fujisawa would market them. Honda soon made the Cub F-type. It was a small lightweight 50cc 2-stroke engine. It was smart and cute. This was also the time when often they would be asked by car dealers “What does this Honda Company do?” It was really difficult for them to get dealers and convince them to stock their product. That’s when Fujisawa thought of the numerous bicycle shops all over Japan. He decided to contact the country’s 50,000 bicycle shops by using a direct mail brochure. It was a masterpiece. It clearly showed how well he understood his customers. He wrote “After the Russo-Japanese War (1904-05) your ancestors took the courageous decision to launch the imported bicycle in Japan and they are still the basis of your business today. But now customers want bicycles with engines. We at Honda have made such an engine. Please reply if you are interested”. Fifty – four years ago, there were no automated means of sending out 50,000 letters. Every single one had to be written by hand. The work was given to freelance clerks. However time was short so all the staff joined in to help. The response was incredible. They received 30,000 enthusiastic replies.

From movies to shirts to bikes – everyone has gone the direct way and it works. A good direct mailer is always a very useful marketing tool. A product is just a bundle of benefits; your direct mail copy lets the consumer “sample” the product’s benefits before he buys it. An intelligently written mailer can work wonders for the bottom line of your organization. Bi-Intelligent, Inc. a New York based software company was selling a product called “Easyfire” which could enhance the performance of several software applications. It was priced at $89.50. The company sent out mailers where the headline on the envelope read “For $89.50 you can make your IBM as easy to use as a Macintosh”. Surely a lot of people did open those envelopes.There are numerous factors to keep in mind while working on a direct mail campaign. Remember the simple 3C’s rule.

a. The Customer

The customer is the lifeblood of any organization. Every business is about creation and cultivation of customers. As Peter F. Drucker once observed “Companies are not in business to make things, but to make customers”. So you need to understand your target market well viz a viz – in terms of what are their need and desires, and what is it that will motivate them to buy. Not just this you also need to cultivate your customers. There is no tool stronger than direct marketing which helps in knowing and cultivating customers. Today with the help of technology, you can easily find out who are your repeat purchase customers, who are the one time buyers and who are the most loyal. Accordingly you can customize your mailers and achieve better results.

So, know your customers well, and establish a relationship with them. Sales are simply the results of such successful relationships.

b. The Contents Once you know your market well, you can design a content which appeals to it. Anyone can write a letter, but not everyone can write an effective letter. An effective letter is one which clearly indicates “What’s in it for you”. The reader should know instantly how he or she will benefit from the offering. The reader should feel that he is the special one. If you can give a personal tone to the letter chances of success are higher.

Enthusiasm is contagious. Show it in your letters. Write like a winner. Open your sales argument with your strongest sales points. The reader will definitely respond. Even though there are no rules yet some sentences always work. Like

a) I have something you want….

b) I want you to have this, but If I don’t hear from you I’ll have to offer it to somebody else.

c) You can still get rich…

To these claims, if you can add something which makes those claims sound authentic, you have hit the nail on the head. To the above three claims you could add sentences like


a) Here’s why or This is why I’ve chosen you for this offer.

b) That’s because …

c) This is what will happen…

There are some tricks which somehow always work.

1. Open your letter with a question. It immediately and almost always involves the reader.

2. Use exclamation marks… the reader will exclaim with you!

3. Your contents should compel the reader to open the envelope. If you can do that, you have been successful. Consider this. You received a letter which says “Congratulations! You are our million dollar prize winner…”. Chances are you will open the envelope.

4. Case studies have shown that a reader typically reads the first few lines of the letter and then his eyes go down the page to the P.S. So the postscript is your best buddy. Its always a good idea to incorporate the main points of the letter in the P.S. once again.

5. Always call for action at the end. Either ask them to call a toll-free number, or create a deadline. A deadline usually increases the rate of response. 6. “Brevity is the soul of wit” said William Shakespeare. He could not have been more correct. A short letter with short sentences and very simple eighth grade english always works.

7. The Golden Rule is that there is no rule. Before you launch your direct marketing, blitz test, test and test. If it works it’s a rule! Follow these tips and you would be ready to make a rocking mailer.

b. The Contact The actual people who receive a mail from you are very critical. You must have the right mailing list. A good database is a very powerful tool and companies go to any extent to build it.

Gerber is a company known for baby food. The company entered into life insurance. While the baby food was sold off the shelf the company decided to sell its insurance policy by mail order. The insurance covered the child till he was 27 years old. The slogan they used to market to the parents was “Ask your baby about us.” Initially they had no database. However once the people applied, the company soon started targeting the children, once they became young adults. The mailer said “Your parents bought this life insurance for you when you were born and have been paying the premiums ever since. Isn’t it time you started buying your own life insurance?” The company had developed a relationship and was now leveraging that. Many of the children did stick to Gerber Life Insurance – just like their parents. If this was not enough, when the parents became grandparents, Gerber sent them a letter reminding them, how they had insured the lives of their children. Now wouldn’t they want to do the same for their grandchild? Not many refused!

A mailing list afterall is not just a collection of addresses. It is a list of people who actually need your product or service. Gerber for one sure has developed a very strong and relevant mailing list.

The falling birth rate in Britain was a cause for concern for C&J Clarks Ltd., Britain’s largest shoe manufacturer. The retailers started stocking less and less of baby shoes. Magazine advertising was not helping much either. So the company decided to go direct. They contacted 2,80,000 new mothers while they were still in the hospital and presented them with a “Bounty Box”. It contained a letter offering a poster which could be hung in the infant’s room and had a copy describing the various milestones the infant would pass through – like when would he start crawling then sitting then speaking then walking. When he would start walking he would need shoes. So the letter also described the benefits of buying the right “First Shoes” for the child. About 15% mothers wanted the poster. So Clarks soon had a database of 42,000 customers. When the children of these mothers were about to start walking, the mothers once again received a letter from Clarks with a leaflet describing how to choose the right shoes and the hazards of choosing ill-fitting shoes. Of course as the baby grew he would require another pair and there always was a letter from Clarks to remind the family where to go to. These letters always resulted in increase in sales because they were targeting the right customers.

The success of any direct mail programme depends of the Contact list. Make sure its relevant. Otherwise it doesn’t take long for “Bulk-mail” to become “Junk-mail”. That’s the razor’s edge you walk on. So you need to select your prospect with care.

Finally, remember studies have shown that it takes eight to ten contacts before people remember your message. No wonder you see the same ads being repeated again and again on T.V. So don’t stop mailing. Keep in touch with your customers constantly. Keep knocking on their mail boxes and keep reminding them about you and your product – they will take notice. If your mailer is well written and relevant they will respond. So go ahead reach out directly to them and say – you’ve got mail! It will work.

Copyright © : Rajita Chaudhuri and Planman Media.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM, GURGAON
IIPM - Admission Procedure
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!



Saturday, June 28, 2008

Accor lets go off Red Roof top!

TheAccor lets go off Red Roof top! French hotel group Accor has finally completed the sale of Red Roof Inn - its US based hotel chain comprising of 341 hotels. Accor, which has a long list of successful hotels like Sofitel, Pullman, Novotel, Mercure, Suitehotel, Ibis, All Seasons, Etap Hotel, Formule 1 and Motel 6, sealed off the deal for a whopping $1.3 billion to a consortium comprising of Citi’s Global Special Situations Group and Westbridge Hospitality Fund. The strategic move by the group is expected to reduce its adjusted net debt by about $1.14 billion. Accor with its ambition to be the world leader in budget and economy hotels, after shedding weight, now plans to focus heavily on its Motel 6 group - a low budget motel chain in the US with 928 establishments at the moment. And the brave plans are all there too! The group plans to open 200 more units in the United States and Canada by 2010. A good deal indeed!

For more articles, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!


Phon(e)y? Not really!


IIPM, ADMISSIONS FOR NEW DELHI & GURGAON BRANCHES

WonderingPhon(e)y? Not really! what to give your jet-setting top boss this festival season? Giftworks, the new brand from Archies, has the solution with their striking range of Swedish royal antique desk phones. Coupled with a vintage hue, these phones have an air of exclusivity and will sit perfectly in theplush cribs of the society’s upper crust. Costing just Rs. 4,999 each, they’re also among the few affordable luxuries...

For more articles, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM, GURGAON
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
IIPM Economy Review