Showing posts with label IIPM BEST MBA INSTITUTE. Show all posts
Showing posts with label IIPM BEST MBA INSTITUTE. Show all posts

Wednesday, May 29, 2013

Competent administrators?!?

Competent administrators can do more justice to their posts

The grind that one has gone through dealing with Indian bureaucracy not only represents their corruption and sloths but also their incompetence. The flaws in the recruitment process and the regulations of the bureaucrats have overbearing effect on the outcome of their efficiency level that really doesn’t match what it should be. A very important Ministry like Defence or Science & Technology are no different either, with the recruitment process of bureaucrats lacking in every aspect of the yardstick and in the process inviting criticism that can put the Ministry off-guard regarding the credibility of the employees of its bureaucracy.

The bureaucrats are recruited from the general streams and then trained to hone their skills required for the requisite job. The training and their ability to grasp the skills requires a few years – and since they generally are positioned at a particular office for 5 years before they are rotated – the cycle almost comes to completion by the time they are ready with their wherewithal for the job and they are moved out! Therefore the looming wastage of time, human resource and money is enough to prove that the government is not doing its bit to improve the quality of its bureaucrats. In Ministry of Defence, particularly, this kind of knowledge and expertise gap frequently leads to delay in different activities like acquisitions, training, military readiness and expenditure. The late Mr. K. Subrahmanyam’s recommendation suggested on the similar line highlighting the incident of Defence Ministry duplicating the military’s file through the bureaucrats as a case in point.

 Praveen Kishore, a World Bank fellow, and a candidate from the John F. Kennedy School of Government in one of his reports suggests that "Opening up the higher civil service, particularly at the senior levels, could be beneficial." This can obviously act as a catalyst to the general improvement of Ministry's infrastructure, acquisitions and project completion. In China, more than 75 per cent of political seats are occupied by young technocrats thus making sure that the efficiency is at its peak from day one, unlike our country wherein bureaucrats take years to get settled and conversant with work culture and technology. The same is true for UK, Singapore and other nations. A few nations went ahead and have established world-class institutions of politics, governance and administration. Such institutions are present in nations like China, US, Israel, Mexico, Mongolia, Singapore, Ecuador, New Zealand, Japan, Sri Lanka, Liberia and even in Kuwait - to name a few, literally.

Currently, there is no system or procedure of even evaluating the 'acquired-competence' of a babu even after five or six years of his recruitment. In spite of suggestion in ARC (that has been acknowledged and accepted), no much heed can be seen in administrative reforms. This gives rise not only to corruption but also creates leakages in the delivery mechanisms. Without an iota of doubt, an war veteran or an seasoned aviation professional would do more justice to Defence or Aviation respectively than a bureaucrats with an Arts background.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Friday, May 24, 2013

Rajinikanth: The Definitive Biography

Two essential aspects of the Rajinikanth story make any attempt at constructing a narrative instantly fascinating. One, the rags to riches tale of a bus conductor who went on to become one of the most luminous icons that Indian cinema has ever produced borders on the fantastical.Two, the reasons behind the fanatical following that Rajini commands is difficult, if not impossible, to put a finger on.

On the first count, Rajinikanth: The Definitive Biography is a lively recap of the life and times of the Superstar, crammed with anecdotes, analyses of the career-defining films and the assessments of those who have known and worked with the star.

Film critic and journalist Naman Ramachandran, who, we are told, “was placed on Planet Earth for the express purpose” of writing this book, has delivered a highly readable account that is made all the more entertaining by the fact that he combines the enthusiasm of a self-avowed fanboy with the clinical detachment of a professional critic.

From the personal to the professional, and the commercial to the spiritual, all of which are essential to the understanding of Rajinikanth the man and the actor, Ramachandran goes over every facet of the superstar’s life. He draws upon the reminiscences of Rajini himself and his relatives, friends and associates.  

The book contextualises the apotheosis of Rajinikanth within the tradition of Dravidian politics, the history of post-Independence Tamil cinema marked by the MGR-Sivaji Ganesan duopoly and the perspective of the pan-Indian Hindi movie industry. Rajini not only starred in many remakes of Mumbai hits of the 1970s and 1980s on the way to becoming the pivot of the Tamil cinema business, he also acted in several Hindi films without quite replicating his southern success.

On the second count, while Ramachandran does devote many a page to grasping the precise nature and substance of Rajini’s stardom, he faces the obvious obstacles. How do you explain in accessible terms the humongous appeal of a man who isn’t a handsome hunk and thinks nothing of appearing in public without a starry mask?

The author quotes a fellow journalist to assert that “Rajinikanth is the end of analysis”, but he does offer interesting glimpses into how and why this Kannada-speaking man of Marathi descent has swept away all competition in Tamil filmdom in a career spanning over three decades. Always a workaholic known for his professionalism and speed, he had as many as three dozen releases in Tamil, Telugu, Malayalam and Kannada in 1978-79.

This was a crazily frenetic period. MGR had just bowed out to concentrate on politics. Rajini and his contemporary Kamal Haasan (he had 33 releases in 1978-79) moved into the breach. Rajinikanth, generous to a fault, is unstinting in his admiration for Kamal Haasan. “I grew as an actor watching Kamal Haasan acting,” he tells the author. “I had the good fortune of being able to observe Kamal Haasan from close quarters…”


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman

ExecutiveMBA

Saturday, May 04, 2013

2 minutes of despair?

In the light of its harmful properties, the widespread use of maida in India must be banned at the earliest

It is almost impossible to find any eating joint in India that doesn’t use maida, which is the starchy white part of the wheat grain, as an ingredient in its kitchen. Maida is also been consumed directly or indirectly in Indian households. But the lesser known fact is that it is identified as a major source of diabetes & related diseases.

Maida causes blood sugar imbalance and has a negative effect on insulin. Besides, it contains anti-nutrients, which can affect the digestive process and make people more prone to heart and kidney diseases. Surprisingly, not many people know that maida is originally yellow in color and the hazardous benzoyl peroxide is added to turn it into white. This additive has already been banned in China and EU. But in India, maida – with benzoyl peroxide as an additive – is still one of the most highly consumed food products.

Today, maida constitutes a major chunk of the Rs.85 billion Indian bakery market, which is growing at 12-15% annually and is a cheap ingredient in breads and other eatables. Even popular FMCG companies use the ingredient. A case in point is the instant noodles category. Even though atta variant noodle categories are becoming prevalent, the consumer demand for the original maida noodles still persists. Not only do companies refrain from educating their consumers about maida’s ill effects, even the government strangely is ignorant. The government must urgently take steps to ban white maida and products that contain it.
 

Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
For More IIPM Info, Visit below mentioned IIPM articles
 
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
BBA Management Education

Saturday, April 27, 2013

B&E Infographics

Annual results: India inc.

India Inc. report card FY 2012

Events in the global arena kept india inc. in distress throughout the year. Gloomy macroeconomic conditions on the domestic front further added to their woes. though corporate India managed to save their topline during the past financial year, increased input costs played spoilsport for them as the bottomline shrank by over 8%, as suggested by the aggregate financials of 275 BSE 500 companies, which announced results by May 18, 2012.

Tough year on all fronts

Aggregate yoy revenue growth for BSE 500 companies (275 companies that announced their results by May 18) in FY 2012 remained at a healthy 23.9% with a marginal improvement over last year’s 23.03%. However, increased input costs have hit margins. Aggregate net profit after tax shrank by 8.79% for the above-mentioned period as compared to a superb growth of 24.39% in the previous year. With global markets still under pressure and the European epidemic getting worse by the day, the current fiscal, too, looks quite challenging and the key issue for India Inc. would be to keep their costs under check to safeguard their margins. Nevertheless, corporate India may soon get a breather from raw material costs as analysts expect commodity prices to settle down in the near future.

Banks post strong growth

The banking sector managed to achieve a 34.4% growth in revenues yoy, the highest among the sectors picked. Revenues for BSE IT companies increased by 25.58% yoy as compared to 19.73% recorded in the previous fiscal. However, a look at public sector companies shows a starkly contrasting picture. The aggregate revenues of all PSUs, which are part of the BSE PSU index, grew by 22.92% yoy in FY 2012 as compared to a growth of 25.87% in FY 2010-11. Both Banking and IT sectors surpassed the aggregate of Sensex constituents, which posted a revenue growth of 23.8% for the last fiscal. Going forward, considering the demand situation in India, analysts expect the situation with revenues to remain optimistic, but margins may continue to be stressed.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

For More IIPM Info, Visit below mentioned IIPM articles
 

Tuesday, April 02, 2013

Direct Tax Code: A boon for IT Sleuths!

A Closer Look into The Provisions of The Proposed Direct Tax Code reveals India’s Digression from a Trust-Based system of Taxation to one which is Based more on The Element of distrust.

The existing Income Tax Act, which came into legislation in 1961, has often been criticised for being economically inefficient and incompatible with the current requirements and inequitable to all tax payers. Thus, to avoid this criticism and to replace archaic rules, the Ministry of Finance finally came out with the draft of Direct Tax Code (DTC) Bill in August 2009. But, the draft Bill, after being introduced in public domain, received a lot of criticisms on certain amendments in relation to removal of existing tax subsidies, and modifications in the tax rate structure that it sought to introduce. So, in June 2010, the ministry again issued a new revised DTC Bill and presented the draft to the Union Cabinet.

In what the government has claimed to be an attempt towards bringing path breaking changes to the existing tax regime in India, the DTC Bill, which is proposed to be implemented from April 1, 2012, will replace the five decade old legislation. In fact, in the foreword to the Tax Code, Union Finance Minister Pranab Mukherjee said that “the aim is to eliminate distortions in the tax structure, introduce moderate levels of taxation, expand the tax base, improve tax compliance, simplify the language and lower tax litigations.” Meanwhile, the Bill is being scrutinised by the Yashwant Sinha-led Parliamentary Standing Committee on Finance.

Personal income tax, as almost all salaried persons will agree, in our country is one of the highest in the world. More open and honest an employer is in terms of disclosing remunerations, worse it is for the employees because taxable income goes up. There is no denying that the present system is outdated and rewards dishonesty and non-disclosure of income by way of lower tax. The rationale for introducing DTC, government says, is to increase the efficiency and equity of the tax system by eliminating the plethora of tax exemptions or subsidies that create distortions. Its major policies include replacement of profit-linked exemptions with investment linked incentives, particularly for export units, and reduction in the tax rates to bring more people and companies under the tax net. Even the government wants a modern tax code in step with the needs of an economy, which is now amongst the largest in Asia. “In India, tax reforms have lagged behind growth. It is a big challenge for politicians and policymakers to keep the pace of reforms with growth,” Jeffrey Owens, Director of the OECD Centre for Tax Policy and Administration, said during a recent visit to New Delhi, adding, “Indian economy has transformed in the last two decades. Along with high growth, it has increasingly become the importer and exporter of capital. But tax regulations have largely remained the same. You have to change with the changing environment.” While the rationale behind the government’s proposals with respect to the DTC has been largely accepted as a right step in the right direction, a closer look into the provisions of the proposed tax code reveals India’s digression from a trust-based system of taxation to one which is based more on the element of distrust.


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist). For More IIPM Info, Visit below mentioned IIPM articles

Wednesday, March 06, 2013

How about riding the green wave?

Though Carrier was one of the early entrants into the residential AC segment in the country, it somehow got overshadowed when rivals arrived. However, it’s clawed its way back into the sweepstakes by sheer market tactics. B&E does a walkthrough across Carrier’s strategic plants and plans

As we entered the production facility of Carrier Air-conditioning & Refrigeration Ltd (Carrier India) situated at Narsinghpur in Gurgaon (the plant is an exact replica of their China plant), we realise that we were venturing into a territory that had remained under wraps for years. There’s a reason we’re a-visiting the 20 acre plant. While at one point Carrier was the undisputed number one in India, with the likes of LG, Panasonic, Samsung, and even Voltas, Godrej, Videocon, Whirlpool et al coming into the AC market big time, Carrier’s market shares have steadily declined. Now, with a new MD, Gaurang Pandya, and with renewed efforts, Carrier claims to be clawing its way back – and we took up the offer of checking them out.

Our swift steps inside the plant are matched by Krishan Sachdev, Director Marketing & Strategy, Carrier India, who humours us, “People often ask us why our air conditioners (ACs) have larger structures than others? Our answer to this question is simple – we put in more components in our product.” This is actually that time of the year in the AC industry, when humour works better than anything else – well, sales start dipping at around this time of the year, and by the time winter hits, sales falls down to close to negligible amounts. This time around, while till the middle of the year, sales were growing at a thrillingly healthy rate of around 25%, due to the unexpectedly heavy monsoon, sales crashed within a month to abysmal figures across the industry. This is reflected in the Index of Industrial Production (IIP) too. While the consumer durables share of the IIP peaked at around 47% in June 2010, the same has fallen expectably to below 10% since then. But the year per se has been kind, what with the astounding heat wave experienced last year running into this year. As per Consumer Electronics and Appliances Manufacturers Association (CEAMA) figures, the AC market in India sold 3.5 million units in 2009; and has had a yoy growth of 15% this year. The Centre for Monitoring of Indian Economy (CMIE) reported recently that refrigerator and AC sales combined will rise at 24.4% for 2010-11 as compared to 18.8% in 2009-10.

MD Gaurang Pandya knows these figures by heart; and he’s betting on the fact that this year, Carrier’s sales (which makes up around 45% of the total India group sales of United Technologies, the parent company) will beat the forecasts. Although Pandya has just replaced Zubin Irani (who has been promoted to the position of Senior Managing Director of UTC Corporation in India) as MD of Carrier India, he is not new to the company. Pandya has in the past held many senior positions, hopping around functions like finance, operations, and sales & marketing. “I am really passionate about ACE”, says Pandya, 33, as we settle down in his office inside the factory premises. ACE stands for Achieving Competitive Excellence, and is Carrier’s in-house six sigma approach. “The difference between other approaches and ACE is that it’s more customer-centric. It takes inputs from the customers at all levels and then puts it back into the system,” he tells us. But is that enough to beat the flagrant competition? Pandya defends that this customer centric approach has helped Carrier India move ahead swiftly in the last few years (at a CAGR of 15%). For the financial year ending March 31, 2010, the company has recorded a turnover of Rs.8.9 billion and a net profit of Rs.835 million.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

Friday, January 18, 2013

Barefoot in search of success

B&E’s Pawan Chabria meets up with some individuals who opted to go barefoot in search of success, rather than lazily stepping into the comfort of guaranteed, cushioned golden shoes offered by well set organisations...

So what’s the latest offering from Ace Associates? Well, it comes in the form of a mobile service called, ‘Top five points’ through which a particular salesperson is provided with five reasons for justifying why a certain brand of automobile is preferable over a competitive brand whenever he feels a need to convince his customers. As Anuj claims, he has already roped-in two big auto brands as potential customers for this new service venture. At present, he is also on the lookout for new talent who can take care of his new ventures. And this too isn’t posing any problems to Anuj, “Surprisingly, the response to a start-up venture like ours, has been more than expected, which proves the fact that new-gen MBAs are more than willing to work with start-ups...”

Udit Bhandari, CEO of Indimoto.com, an MBA (with specialisation in Marketing) from The University of East London, UK shares some similarities with Anuj. He too joined the auto sector after his management education, where he worked in GM for about six months. As he says, his MBA education made it easier for him to establish his online second-hand car & bike portal in the country. “The MBA programme helped me in increasing my understanding of business and its various modalities. While setting up Indimoto.com, the learning received in management school helped me to realise various value propositions and to create a strong full-time team, a business plan and a marketing strategy,” he explains. Indimoto.com caught people’s attention via its carpooling initiative, which encouraged commuters to share vehicles to save fuel; clever enough an advertising strategy! Rashmi Vaswani, Founder, Rage Chocolatier, is also one of those who are following their passion with a purpose to strike gold; the only difference was that she couldn’t wait to get started and got down to business right after she completed her post-graduate diploma in management. Her passion was manufacturing chocolates, which she took up as a business opportunity in 2005, and success for her has been sweeter than the product itself.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Monday, January 14, 2013

Hero honda achieved more than what was expected of it

this volume player stunned market watchers with its aggressive attack. pawan chabra finds out how hero honda achieved more than what was expected of it

To state the secret to success in two words – new launches! The head honchos at Hero Honda went straight back to their drawing boards and zeroed-in upon the fact that attracting customers during times of a downturn would require more magic than just play the pricing game. Then came the slew of launches, one following another. Besides the sporty and macho Hunk and the stylish new CBZ Xtreme, the company managed to make its mark on the conscious Indian consumers with other fresh new launches such as the Passion Pro Power Start, new Splendor NXG, and a variant of the Pleasure.Result: Currently, Hero Honda has a strong market presence in the 150cc segment. The company has more than doubled its volume and market share in the premium segment over the past couple of years. And this has given it that edge in terms of absolute margins.

That sounded great news for Hero Honda in the premium category, but the tiding doesn’t come sans challenges; the biggest being Bajaj Auto. When it comes to the premium segment, one cannot deny that though the company is a very strong player in the executive segment, Bajaj Auto still rules the roost in the premium segment. Consider this: during FY’09, Hero Honda sold about 0.19 million units in the premium segment. Now compare this to the much higher 0.84 million units sold by Bajaj Auto, and you understand why there is much catching up to be done on the part Hero Honda. But having said that, we also do confess that the pace at which Hero Honda is catching up, it surely appears to be determined to give Bajaj a run for its money in the premium segment as well.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program) 

Monday, January 07, 2013

LAW AND ORDER: INDIA

The legal environment reflects the larger shame of Indian venality

There is no dearth of shameful stories of negligence and corruption. The entire country was shocked when Manu Sharma, the accused in the Jessica Lal murder case, was acquitted by Delhi High Court. The accusation clearly pointed towards the Joint Police Commissioner for tampering evidence and trying to hush up the case. There was strong demand to involve CBI, but that was turned down too at that time.

CBI, too, is not beyond blame; its inefficiency was clear, for instance, in the Priyadarshini Mattoo murder case. The accused was let-off due to lack of evidence. The judge called it ‘deliberate inaction’ by the investigating agency. Then the kidney racket in Gurgaon led by Dr. Amit Kumar comes to mind. As per indications, he was tipped off by some insiders about possible police action (which helped him escape, though he was later caught). It is immaterial to call ourselves a rising superpower if we can’t provide swift, fair and efficient justice.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Friday, November 23, 2012

Murder of a Monk

The fate of the Caribbean Monk Seal has been sealed, for good!

Alas, fate has caught up with what was once a happy inhabitant of the Caribbean Sea. The species in question, the Caribbean Monk Seal has all but disappeared. The cruel ways of man finally caught up with the creature that had been fighting for survival, at last slipping into times past. The Caribbean Monk Seal, which also went by the name of West Indian Monk Seal, belonged to the Monachus tropicalis family of species. It was the only seal which was known to be born and residing in the Caribbean Sea and the Gulf of Mexico. The final blow to the last nail in the species’ coffin was dealt on June 6, 2008, when after five years of research to find any signs of the seal, the US Government announced that the species was officially extinct and the reason for its extinction was without any doubt, human.

A mere 6-9 foot animal, the Caribbean Monk Seal was never a predator of humans. It couldn’t have been, with that chunk of fat around its neck and hair that had faded from brown to yellow-white colour on the stomach. The male seal could reach up to a length of about 2.25 meters and could weigh up to 200 kilograms; the females, however, were generally smaller.

The seal was first spotted by Christopher Columbus in 1494 who named it the “Sea-wolf.” During his complete voyage, he is known to have killed as least eight of them for their meat. The region of the Caribbean Sea was somewhat a residence for these seals, but when man learnt of it, and the benefits he could derive therefrom, began a killing so macabre that a seal was being killed every minute, for meat, and for its oil; until the residence was turned into its grave.

It was always known that when the population of these seals becomes unstable, they become easy prey for sharks and fishing nets. In spite of these warnings, the killing only continued, and in greater numbers each day.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

Wednesday, November 21, 2012

VIP SECURITY: MISUSED

VIP/VVIP security has lost that ‘necessity’ touch. It’s merely an act...

It is obnoxious that common men are even prevented to walk on the pavements and traffic brought to a halt when politicians pass by. Currently, over 300 persons are considered VIPs in Delhi alone, engaging nearly 9,000 police personnel! Various RTI requests reveal that around one lakh police and paramilitary personnel are deployed to guard VIPs. To make matters worse, expenses on the Special Protection Group for VVIPs exceeded the set target by a whopping 16%! Sample this: immediately after Samajwadi Party and Congress patched-up, SP leader Amar Singh (who was under no security threat, whatsoever) was provided the highest level of security.

Yes, security is a need, but one can’t have the nation running around politicians! It’s really the politicians who are meant to protect the nationals. And why get elected in the first place, when you’re pigeon livered?!


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

Thursday, November 15, 2012

TATA MOTORS: ACQUISITION OF JAGUAR & LAND ROVER

Acquiring jlr provides the Tatas with phenomenal potential benefits, but managing the brands will be tough

Since Tata has pledged that it would neither close plants nor transfer production to a cheaper alternative; volumes will be the only option to offset the labour-product ratio. Tata Motors plans to invest an additional $1 billion to reinvigorate the brands without interfering in the jlr management.

According to some reports, the Tatas may divest more stake in some group companies to finance the acquisition and future endeavors in the direction. Ford has already promised to infuse $600 million towards its share of pension liabilities and Tata is expected to bear its part. However, there are new opportunities, too. As per Overdrive’s Bertrand D’souza, “The company is already selling its Safari and Xenon suvs as part of its assembling operations in Europe and jlr will give Tata more mileage to establish itself as a highly competent automaker in Europe, especially as Tata wants to sell Nano in Europe as well.” Additionally, the strategic importance of the jlr brand platform, technology expertise & sales network will have far reaching advantages. As per news reports, Land Rover has already turned profitable with profits crossing $1 billion in 2007. And it’s anticipated that Jaguar will get rid of the red once its high aspiration xf hits the roads.

Clearly, the deal is an aspirational one to ultimately place the Tatas firmly on the global auto map. But the first challenge for the Tatas is to successfully manage two brands that belong to a genre unknown to it, add to that the fact that it has had to opt out of the lucrative outsourcing model. Once that can be done, the rest will automatically fall in place.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

Saturday, November 10, 2012

INDIA: TOURISM

Tour operators are opposing the government's decision 

This is a change from the previous dual tariff system under which the fee was $5 for World Heritage Sites and $2 for protected monuments such as the Red Fort & Purana Quila.

For domestic tourists, the entry fee has been fixed Rs.10 for each World Heritage monument and Rs.5 each for the other monuments. The Union Culture Ministry says the step was taken to address the panic in Indian tourism organisations caused by the falling dollar rate, and check the slide in Archaelogical Survey India (ASI) revenues. At the moment, most in the tourism industry disagree with such an assessment. There are 3,568 protected monuments in India, of which only 124, including 17 World Heritage ones, have an entry fee. The total revenue from ticketed monuments in 2006-07 was Rs.60.84 crores – up from Rs.53.91 crores in 2005-06 and Rs.52.9 crores in 2004-05. Is it monumental gain or monumental blunder?


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

Thursday, November 08, 2012

googling Indians

The technology company is hoping to convince Indian businesses about the virtues and effectiveness of online advertising

For Google India, the challenge is to enable Indian firms to appreciate the effectiveness of search advertising or the reach of the online medium. In an exclusive interview, Shailesh Rao, MD, Google India, tells B&E’s Debdeep Singh how the company is evolving new strategies, services and products to woo Indian customers. But Rao accepts that computing infrastructure has a long way to go in India.

Excerpts:

How has been the Google’s journey in India so far?

Google’s approach to search and advertising has provided users with a trusted source of information and provided businesses with an efficient mechanism to drive growth. In India, due to the broad popularity of our services – from search to Orkut to Blogger and AdSense programme – we are able to provide businesses with a wide range of marketing opportunities. Understanding the needs of the Indian market, we are looking to address local concerns and offer multiple channels to support business objectives and marketing goals for all levels of a business. We are pleased with the continued use and adoption of AdWords by large and small businesses across regions and verticals in 2007. We have seen businesses utilise the platform to support a wide variety of marketing objectives. We are pleased that fair and transparent pricing, precision targeting capabilities, and an ability to calculate clear ROI are resonating with the marketplace. India remains one of the more important markets for our business worldwide, and we will continue to invest here.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

 
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….

IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global

Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links  
IIPM : The B-School with a Human Face

Wednesday, November 07, 2012

World threat

Threat from emerging giants...

World history has witnessed a trend of few leading nations dictating world policy and future and many followers supporting those policies, sacrificing their national, regional and racial interest. But last century has given birth of many emerging giants like Korea, China & India who have become a certain threat to that trend, raising many uncertainties for global stability. China is now single largest investment destination, India & Korea are more in the forefront of the world, in terms of trade, which was unimaginable few decades ago. Total FDI from Europe to China is $35 billion, till date. And the West has continued dictating global trade policies through creating many institutions like the World Bank, IMF, GATT & IEA. But with emergence of new giants, these institutions have become ineffective, inefficient & outdated. As history suggests that in times of crisis, it is the West which has stabilised hostility and brought peace and institutionalised nations, for peace and constancy with advanced and suitable policies. Should not they again come forward, actively thinking that individual emerging giants can’t control instability?


Source : IIPM Editorial, 2012. An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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Monday, November 05, 2012

India’s number one family

Without a shadow of doubt, it is India’s number one family

After his death in a plane crash, the mantle fell on her elder son, Rajiv, then a pilot with Indian Airlines. Starting out as a reluctant politician in 1980, Rajiv became the PM four years later, when his mother was assassinated. Despite his wife Sonia’s reluctance, he took over as Prime Minister. But after Rajiv’s death, in 1991, Sonia was firm in her resolve, not to enter politics.

The resolve melted in 1998, when the entire party – humbled by regional satraps & the BJP – implored her to take over the leadership. Again, this was not typical dynastic succession. She led the Congress unsuccessfully in 1999 & became leader of Opposition. “She hears all of us patiently and then brings up certain points which we had overlooked. She is always prepared with backgrounders & is never wrong on facts,” says Congress leader Jitendra Prasad. She led the party to elections for the second time in 2004, but, rejected prime ministership. She emerged as an altruist politician – a rarest of the rare breed. Sonia has already kid-gloved her son Rahul into politics, making him AICC general secretary. Though he failed to lead the party to victory in UP Elections and largely stayed away from Gujarat, the party has loads of expectations from him and his mother. But can Rahul ever become the Prime Minister of India?


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

 
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