Dare to dream and dare to implement

Sadly, the culture of enterprise hasn’t percolated to the bottom of society where the parents prefer their children to have a government job rather then choosing the path of entrepreneurship. Th ings have worsened with government bottlenecks. Recent survey by a Global marketing fi rm has India ranked India at 134 (among 175 countries) in terms of the ‘ease of doing business’ and at 155 in ‘dealing with licenses’!

For Indians to make their mark; some dreams will have to be lived and implemented, the Government needs to create an environment that doesn’t perish them but rather support them.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Product Portfolio Problems

Take a bird’s eye view today and Nokia’s entire product portfolio lacks the vigour that it once boasted of. And though it still has a variety of handsets for various price points, the problem is that many of them have been around for a long time; and need to just disappear off the racks. If Nokia is hoping for In fact, what will change Nokia’s downhill slide in India is indeed some positive investments in R&D to come up with innovative designs that captures the imagination of the young consumer. But here too they should tread carefully! The recent launch of their supposedly sleeker and sexier E-series was a dismal flop in the Indian market. Guess its time for Nokia now to take a leaf out of the Motorola design booklet and innovate further to sustain their India advantage!

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

The motto of connecting more people

The mobile phone wars never seem to end. This time, Nokia and Motorola are all set to conquer: in the third quarter, the world’s two largest cell phone makers, widened their lead over Samsung as demand in Asia helped increase total unit sales by around 22 per cent. According to Gartner, while the Finnish company’s market share rose to 35.1 per cent from 32.5 per cent a year ago (Nokia increased its market share in every region except North America), Motorola’s share rose to 20.6 per cent from 18.7 per cent. Samsung’s share, on the other hand, fell to 12.2 per cent from 12.5 per cent. It is felt that the sale of lower-priced models in Asian countries, like China, India, Vietnam, Pakistan and Bangladesh, pushed up sales for Nokia and Motorola. Sony Ericsson now has a market share of 7.7 per cent (from 6.7 per cent a year ago). Following Sony Ericsson, is LG Electronics whose market share fell to 6 per cent (from 6.5 per cent). In India too Nokia is slipping up on its performance (read our cover feature on page 28).

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

The motto of connecting more people!

It’s been on the cards for quite a while, and many analysts were saying that it was only going to be a matter of time. In August this year, Bank of America briefly surpassed Citigroup in market value in “intraday trading”, but Citigroup soon bounced back to secure the leading position. Now again, Charlotte, North Carolina-based Bank of America has surpassed the mighty Citigroup to become the world’s largest bank – by market value. This means, while Citigroup’s market capitalisation totaled $243.52 billion (based on reported shares outstanding), Bank of America’s market capitalization totalled $243.71 billion.

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative