Showing posts with label IIPM-Publications. Show all posts
Showing posts with label IIPM-Publications. Show all posts

Saturday, June 01, 2013

Spinach and other alternatives to a plate full of kryptonite

I promised you a gusher of a fountain of youth on your plates last week. And here it is, as promised. And it isn’t about the donts but the dos of a good diet… Basically, stuff you must stuff yourself with, everyday, to get the most out of yourself and the day, for all the days that you have in you.

But before I begin, a caveat: this dietary opus is the inspired work of a man exploring vegetarianism and would therefore include his bumbling stumbling along the green walls of that world. Vegetarian but not vegan, so figure that one out before you wonder why eggs figure in my list of recommendations and soy doesn’t. And no meat or fish either, but I will offer substitutes.

Fish was a tough one to let go of. Omega-3 fatty acids are absolutely essential for good health and for keeping the two vital organs at the two ends of the spine healthy and functional into our swinging seventies and the decades beyond. And fish, especially marine fish, are some the most plentiful sources of omega-3. It was the presence of this essential fatty acid that made parents pump their kids full with ‘Seven Seas Cod Liver Oil’ in the eighties and nineties. The fish in turn get if from algae and sea-weed and coastal diets like those in Japan and Okinawa often get enough omega-3 from weeds like nori alone. But where was I going to find nori in New Delhi? And so the dilemma about fish continued until I discovered flaxseeds. They do just as well, and better, because with flaxseed or flaxseed oil, your system does not have to contend with the heavy toxic metals that are found in coastal fish.

Another problem with a largely vegetarian diet is the lack of vitamin B12, found mostly in animal products. And while the lack of omega-3 affects the body over a relatively longer period of time, B12 deficiency can hit you hard and fast. So if you’ve gone vegetarian and then had problems with digestion and are generally not feeling as full of beans as you used, your body might be complaining about not getting its regular dose of B12. So avoid the meats by all means but compensate with eggs, milk and cheeses.
If I may, my two pennies worth on balanced diets before moving on to the super foods…

 For most of us, the usual recommendations of two-three servings of lean protein, similar servings of dairy products (low fat if you aren’t particularly active and walking the dog for 20 minutes or a round of golf doesn’t qualify as active, training like a Navy SEAL does), five to twelve servings of whole-grain carbohydrates are all par for the course for most of us. It is the remaining two categories, fruits (about two to four servings) and vegetables (up to about five servings or more) that don’t quite measure up on our plates, especially if we eat out often. So take note and take care…

And at last the super foods, i.e foods that have the power to change a lot of whats wrong with your body and set it right. These are foods that fight diseases like coronary heart disease and cancer, lower cholesterol and free radicals and keep you feeling upbeat through a beat-up day. And while every expert has his or her own list of favourites and top-tens, let me introduce you to the ones that show up on almost every list and are ones that you would find at your doorstep and not necessarily only when you’re on vacation to a first world destination or a tropical paradise.

First up on the list, a little fruit family - the berries. Blue and black and every hue, cran and rasp and strawberries too, these little do-gooders and vigilantes protect the body from a variety of cancers, keep the immune system in top gear and are packed with antioxidants that keep the body healthy and fight signs of ageing. No breakfast’s complete without a handful of these.

Garlics, onions and other alliums is the next category of super foods. Cooking styles in most parts of India have a healthy dose of these foods and if not overcooked, are very good at maintain cholesterol levels and fighting certain cancers.

So just dig into the alliums and don’t worry about the breath and the tears for the next superfood will take care of that.

Coconuts! These big hairy guys must be amongst the happiest of fruits. They usually have a great view growing up on those swaying palms by the sea and that makes them rather giving. There’s the flesh and the oil and best of all, the water.

Tender coconut water is perhaps the best sports drink on earth. Bursting with electrolytes and without the preservatives, sugars and chemicals that make a lot of sports drinks rather murky, this is the drink to reach for after a sweaty workout or a long day in the sun.

Herbal Tea is one of the best sources of antioxidants that fight cancer and what is even cooler is the fact that green tea for instance had these anti-ageing agents that drive off chemical residues in the body that trigger the ageing process. So before you look up that botox surgeon your aunt recommended, go buy yourself a pack of green tea and give them a chance to turn back the clock.

Nuts and seeds are an absolute must for everybody, and even more so for vegetarians. I have already documented the joys of a mouthful of flaxseeds. And now I must let you in on another secret. Brazil nuts are a rich source of selenium which by the way is essential for rebuilding muscles. Seafood is a good source of selenium but if you want to stay vegetarian, Brazil nuts and barley are even better options.

Nuts and seeds are full of good fats, proteins and fibre. And walnuts are great for correcting heart arrhythmias and are for a must for a healthy heart.

Read more....

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

Saturday, January 19, 2013

Did this ‘Tortoise’ beat that ‘Hare’?

Both K. V. Kamath and Deepak Parekh won’t be around as ceos in 2010. Manish K. Pandey, Deepak Ranjan Patra and Angshuman Paul talk to people in the financial services industry to compare the legacies of the titans

Both started their careers when India Inc. was reeling under a tidal wave of nationalisation and ‘hard’ socialism of the early 1970s that all but smothered entrepreneurship in the country. Both belong to ‘communities’ that have acquired considerable fame for their entrepreneurial skills; one is from Mangalore while the other is of course a Gujarati. You could say that one of them had banking in his genes; his grandfather and father were both bankers. The other ‘discovered’ himself through banking. One was already part of India’s ‘elite’ while growing up, did his chartered accountancy from London and started his career with Ernst & Young in New York. The other came from far off Mangalore from a middle class family and chased his aspirational El Dorado by pursuing an MBA in IIM, Ahmedabad after an engineering degree from a government college. While the first was flying high in New York, the other quietly joined a public sector development lending institution called ICICI. A few years later, even as the man from Mangalore was gradually moving up the public sector ladder, his contemporary was persuaded by a maternal uncle to come and work for an Indian organisation. The maternal uncle happened to be the founder of HDFC.

Of course you have guessed the identities of the two by now. The man from Mangalore is none other than K. V. Kamath, who retired this year as the Managing Director and CEO of ICICI Bank. The chartered accountant who went on to work for his uncle is Deepak Parekh who is all set to step down as the Executive Chairman of HDFC. For the last two decades, the two have towered over the financial services industry in India like titans. There is not a shadow of doubt that both Parekh and Kamath have been unparalleled game changers and that their exit leaves a void that no individual can yet fill. Sure there is Chanda Kochhar who replaced Kamath at ICICI; sure there is Keki Mistry who will replace Parekh. Then there is Shikha Sharma, formerly of ICICI who is now duplicating her former employer’s unbridled aggression at Axis Bank. Then there is – according to many – the unheralded Aditya Puri who heads HDFC Bank and also the understated Renu Karnad, who will now be the Managing Director of HDFC. But virtually everyone in the financial services industry agrees that Kamath and Parekh are in a league of their own. There is a complete consensus in the industry that the two have left corporate legacies and institutions that will endure for a long, long time.


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.

Wednesday, January 16, 2013

TELECOM: 3G LICENCING

While auctioning of 3G licensing has been announced, there are still doubts on its successful launch

It is noteworthy that the current prices are Rs.15 billion steeper than the ceiling prices proposed by TRAI. So if a company wishes to offer 3G, it would have to shell out Rs.35 billion to just get spectrum and then a further amount to get the processes in place.

As Anil Sardana, MD, Tata Teleservices Ltd. told B&E, “If there had to be bidding, it would have been better if the market prices had to determine the price for 3G rather than have such a high ceiling price as it would impact the plans especially in the B and C circles.” It is well known that India is a price sensitive market and if 3G services have to be used, especially in the rural hinterlands, then it would have to price appropriately.

“With the way the prices stand today, all the telecom companies would have to go back to their drawing boards and see if 3G fits in their revenue models,” shares a telecom company official on conditions of anonymity. Also, as the government is now planning to offer only three-four 3G slots (depending upon the circle) as opposed to seven as earlier proposed, there would not be enough competition in this sphere that would drive down the prices and ring in affordability as brought about in the voice services. So one wonders whether India will see 3G at all!


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

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IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
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Rajita Chaudhuri-The New Age Woman
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IIPM Global Exposure
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Friday, January 11, 2013

It’s a business deal

It’s a business deal. They have your asset (son) and you have the consideration (Rs.60 lakh)…

But Sanjay is bravely trying to pick up the pieces and move on. Speaking to B&E, a tormented Chawla turns philosophical and offers a few words of advice to fellow entrepreneurs and CEOs, “Law is technically reactive in nature, and it comes into picture, only after the crime is committed. Even the Government is trying to put in place a CISF security system for the corporates, but keeping in mind the population of India, it is practically impossible to assign a policemen or a security guard for everyone. Citizens need to be more proactive in nature...”

Given the dysfunctional nature of the law and order and police system in India, virtually every citizen is vulnerable to some kind of crime – from chain-snatching to car-jacking to rape and murder. But particularly vulnerable as ‘soft targets’ are CEOs like Anant Gupta and entrepreneurs like Sanjay Chawla and their near and dear ones. And almost everyone concerned with this “industry” agree that the danger will become even more potent and menacing in the months and years to come. “It’s a big business these days... and is constantly on the rise! And we can do little about it at the moment,” states V. M. Pandit, a former official of the Central Bureau of Investigation (CBI) who runs his own private security outfit. A top cop of Haryana Police, who has been privy to information regarding scores of kidnapping cases and who doesn’t want to be named says, “The number of rich businessmen and senior corporate managers is growing manifold every year. It is but natural for criminals to target them. The problem is, many such potential victims are simply not just aware of the simple steps that they and their family members need to take to prevent such crimes. You have to be proactively careful too!” (See Infographics)

Virtually every security expert agrees that there are three things that a family must do when a kidnapping has happened and the ransom calls start coming in – do not lose your cool, do not succumb too easily or too fast to ransom demands and always seek the help of a ‘professional’ who understands the psyche of the criminals.


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

Thursday, November 15, 2012

Rolling down the Razr’s edge. Ouchhhh!

Aren’t four months a tad too little to turnaround a troubled company drenched with losses?

Just last year, Fortune had listed him as one of ‘Corporate America’s next-gen leaders’. In a twist of fate, this year has only seen him fall from glory – becoming a victim of activist investor, Carl Icahn’s accusations being the latest! His ‘2009 turnaround blueprint’ for Motorola was questioned and tagged as ‘worthless’. And with mud-slingling reaching heights, a man’s efforts to turn around Moto – one who was also appointed by the White House to serve on Bush’s National Security Telecommunications Advisory Committee in May 2004 – was shamelessly criticised! With plans to split Motorola Inc. into two public entities (Motorola confirmed a plan to detach its distressed mobile phone unit from the remaining units on March 26, 2008), the fate of Gregory Brown, CEO, Motorola Inc. is also... in the line of fire!

Considering that his battery of problems have been his predecessor’s gift, one thinks it’s a tad to early to give him so much flak. Jeff Kagan, Telecom Analyst, who vouches for Brown, states, “I have watched Brown since the 1990s at Ameritech. At Motorola, he is reinventing the senior-level suite, which is good news. Can that change be driven through the entire company? That is the question...” Indeed, the message is clear – Moto needs a man like Brown to remain on its board if it seeks some positive changes ahead!

Post a bachelor’s degree course in economics from Rutgers University, Greg held different sales & marketing positions at AT&T. In 1987, he joined Ameritech where he rose to the rank of the President of Ameritech Custom Business Services and Ameritech New Media Inc. Then he served as the Chairman & ceo of Micromuse Inc. and was finally appointed as the President and coo of Motorola in 2002. With more than 25 years of high-tech know-how, Greg currently heads four different business divisions in the company.

Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

Tuesday, July 31, 2012

INTERNATIONAL : BANK OF AMERICA: THE BURDEN OF COUNTRYWIDE FINANCIAL

The new Right to Public Services Act empowers people in Bihar to get government officials to act in a time-bound manner. Will public servants finally wake up to the tasks-at-hand?

As the entire nation sat glued to their television screens watching the Anna Hazare movement gain momentum, the state of Bihar was witnessing a movement of its own. Aimed at providing various services to the people in a stipulated time-frame, the Independence Day brought with it a crucial reform process in the state. It was called the Right to Public Services Act (RTPSA), 2011, which came into force starting August 15, 2011.

As per the Act, hereon, 50 services spread across 10 departments is to be made available to the people of the state. The Act, considered to be the brainchild of Chief Minister Nitish Kumar, was envisioned and drafted as a major anti-corruption tool. It was passed without a debate in the state Assembly in March 2011. The rules were framed two months later. Prescribed forms for making applications were issued soon after its implementation and all applicants were issued receipts against applications submitted. Termed as “yet another revolutionary step” in Bihar’s journey towards becoming a corruption-free state, the law provides for penal action against officials who fail to deliver within the stipulated timeframe. There is also a provision for dismissal of officials from service for such failures.

Bihar is the second state after Madhya Pradesh to enact such law. The real test here will be for the bureaucracy of Bihar, which is known for its lethargic ways. In just two working days after the much-hyped law guaranteeing time-bound delivery of several public utility services was enforced, at least 40,000 applications were reportedly received at the district and block headquarters across Bihar. They were submitted by large crowds, mostly seeking certificates for caste, residence, income, ration cards and social security pension. Until August 22, 2011 – thanks to the legislation that ensures that officials down to the lowest level are held accountable for the services they are meant to provide within a fixed time frame – 2.80 lakh applications had been received.

In response to public enthusiasm, special counters were opened across several districts of Bihar. The Act is aimed at playing a crucial role in curbing corruption in the lower bureaucracy. If implemented in good order, the Act has all the requisites that could turn Bihar into a model state in terms of rendition of public services.

Realising the importance of the Act at a time when corruption has caught the imagination of the entire nation, Nitish Kumar says, “The RTPSA is just another way to curb corruption and to provide services to all sections within a limited time. In a matter of a year, people can apply for services online and get certificates online too.” The government’s move to check corruption through the Act has painted a peculiar picture, especially in the small towns of the state, where people are unaware about the law. But the loopholes in the Act are being exploited too.

Reports from the state capital suggest that certain government officers have already started using the shortcomings of the Act to their benefit. Here is an example. The Department of Education had issued a directive with regard to the awarding of scholarships to students under class seven. Submission of the Income Certificate of their parents within seven days was made mandatory to avail the scholarship. However, the local officers, quoting the provisions laid down in the Act, are now found to be causing a delay in the process. Regardless of the urgency of the matter, local officials are now asking the parents to return after 21 days, only causing a further delay in finalisation of the scholarship list. Lamenting over the attitude of local officers, Manoj Kumar, a teacher at the Saguna Middle School tells B&E that over 100 applications were affected as block officials told the students and their parents to return after 20 days. The officials have cited the timeframe of the Act as the reason of delay. “Students were asked to come after 20 days when it was necessary for them to submit the required certificates within a week. Many of them could not for various reasons, and they missed out on the chance to obtain a scholarship,” he said. Similar incidents have now prompted Nitish Kumar to take note and he has indicated that the timeframe for certain services under the Act could be considerably reduced.

“The effort in eradicating corruption through the Act is commendable. However, corrupt officials have found certain lacunae and are delivering their work only in the time-frame envisaged by the government,” Arun Kumar Singh, Public Prosecutor and a senior JD(U) leader tells B&E. But there are some encouraging tales too. In Muzaffarpur, 145 applications for different services were disposed of within a day, claims Bharat Dubeya, Director of the District Rural Development Agency (DRDA). “Despite loopholes, the district headquarter is bound to deliver its duties looking at the problems of the petitioner. Work here is going smooth. There might be some lacunae, but they will be eradicated soon,” he said. In another incident in Sitamarhi district of Bihar, some school students landed at the office of the Superintendent of Police (SP) to complain that their character certificates were not being released by the concerned authorities. The matter was urgent as the students needed the certificates within 4 days. When SP Rakesh Rathi learnt of the situation, he ensured that the documents were delivered on the same day by 5pm. This was quite an example of an official stepping-in to ensure that certain provisions of the Act do not breed insincerity amongst state officials.


Friday, July 27, 2012

Going full Throttle Ahead

After Posting Impressive Numbers in The Last Fiscal, BAJAJ auto HAS a slew of New Projects to keep it on top of The Game.

For Bajaj Auto, India’s second-largest two wheeler, the past two years have been extremely eventful. In 2009, when Rajiv Bajaj, MD, Bajaj Auto, decided to pull the plug on the high-volume generating 100cc segment bike, the decision was seen as being knee-jerk by many industry observers even though it was made under the assumption that volumes from the 100cc segment would fall from 61% to 25%. The company clocked sales of 1,60,000 units in October 2009 as compared to 2,50,000 units in the same month a year ago, registering a 35% fall in sales. The months that followed saw quite a few strategic business shifts at Bajaj Auto.

To start with, Bajaj once again surprised itself and the industry by making a comeback into the entry-level segment with the launch of a new product Discover. The company followed this up by announcing its exit from the scooters segment and its decision to drop the parent brand from its product portfolio. The last two decisions once again set tongues wagging in the industry and caught many offguard, including Rajiv’s father, Rahul Bajaj, Chairman, Bajaj Auto. But by the end of FY2010-11, Rajiv Bajaj was standing tall and even the critics were offering him grudging admiration.

Numbers don’t lie. And for Bajaj Auto, the numbers really wax eloquent. The company declared revenue for last fiscal stood at Rs170 billion and its net profit soared to Rs36 billion at a whopping growth rate of 41%. In fact, there were plenty of other reasons to cheer about. The company’s bike sales crossed 3.3 million units in the last fiscal, showing a stellar growth of 35%. Similarly, in the CV segment, the growth recorded was 28% with sales of over 4.36 lakh units. All this at a time when input costs were hardening and inflation picking up. Not only did Bajaj Auto come out with flying colours, its rich product mix, higher volumes, and effective cost management enabled the company to declare an industry high operating EBITDA margin of 20.4% for FY11.


Tuesday, July 24, 2012

Barack Obama – The New George Bush

A few issues back, I wrote an editorial on how the revolution was happening in Egypt and how civilisation was changing elsewhere in the Arab world... Ergo, when a few days later, we got this incisive article from my icon Fidel Castro (see the following page), it was a tough decision to run it concurrently with my editorial. One feared people would think that Castro’s perspective was the opposite of what I wrote. Still, we didn't discard Fidel’s column, as we thought we would carry it in the succeeding issue of our sister publication The Sunday Indian (TSI), with a clarifying note... And then the Japanese disaster took place and this article went into the back burner. Personally, I would have wanted the column to be the cover story of TSI’s issue dated 28 March-3 April 2011, but for the fact that Dr. Binayak Sen’s Supreme Court hearing was coming close and, after all, we are more committed to India than to any other part of the world. [The cover story in that issue of TSI was titled, ‘Supreme Court must initiate a change in sedition laws and release Binayak Sen’.] However, what is happening in Libya makes my blood boil. Col. Muammar Gaddafi is that man who, 40 years back, made the OPEC and in one go made the Western world pay the right price for oil and made Arab nations rich. He is that way an icon by himself for the developing world. That one stroke which hit the West so hard is something they haven’t been able to digest yet. And therefore, the moment they got a chance, they have started bombing Libya; and, for a change, India has rightly shown true courage in strongly condemning the attack. Sarkozy, on the other hand, has totally lost it at home and found this a lovely way to divert attention and act smart. But the most disgusting part is the final revelation that Obama, the ludicrous Nobel Peace Prize winner, is no different from Bush. Shame on what the greedy West is doing. The real rogue nations like Pakistan and conspiring nations like Saudi Arabia remain friends of the West, while they ruthlessly bomb the oil-producing nations for their personal benefit. The saddest part, however, is that oil was $40 a barrel before the Iraq war. Following the war, it touched the $100 plus mark. Now, with the pounding of Libya, it will end up touching $150 plus! And the West seems to not have learnt its lessons from Afghanistan. You can't win a war in such lands through air strikes... And in Libya again, they will lose it. I will only end by saying that it’s time for a grand alliance of India, China and Russia to neutralise these imperialistic forces from creating more destruction in this world for greed.


Wednesday, July 18, 2012

The Finance Ministry took Micro and Macro Economics Revision Lessons from us

A Blanket Interest rate Hike will have The Worst Economic Impact in order to Curb Supply-side Inflation. It’s time The Finance Ministry took Micro and Macro Economics Revision Lessons from us
 
The second problem is RBI’s fetish for contractionary policies. As is well accepted globally, contractionary policies can work only when the inflation is a demand pull inflation (as raising interest rates and reducing money supply results in consumers having less disposable income, and taking lesser loans to purchase, say, houses). Unfortunately, food items in India are not of the luxuriant variety, which can undergo price jumps so suddenly and so uncontrollably simply because people have as suddenly and as uncontrollably started eating more – unless of course, as even World Bank head Robert Zoellick accepted this week, the inflation in India was much more due to supply side constraints. In such a case, tightening of monetary policy would end up destroying supply even further as businesses would stop investing.

So what should RBI do? Immediately initiate the practice of differential interest rates while providing money to borrowing banks, which would broadly mean three different interest rate slabs when the borrowing bank takes money – one, when the bank borrows money from RBI for providing loans to the agriculture sector, one for corporate sector and one for retail/end consumers. RBI should provide money to banks at lower rates (expansionary monetary policy) in case the banks are taking finances for subsequently providing loans to the agriculture or industrial sector. This will motivate supply growth. RBI should provide money to banks at higher or unchanged rates in case the banks are taking finances for providing loans to end consumers. This will proactively motivate savings and demotivate an increase in retail demand. At the same time, banks should be prohibited from charging increased interest rates from end consumers who have taken past loans. Protectionist surely; but when it is a question of the economy collapsing due to inflation rate jumps, a protectionist policy is any day more welcome than a contractionary one. Dada, try us out – one call and we’ll be at your service! And no, we’ll charge no interest for that.



Wednesday, June 08, 2011

Govt orders security audit of vital installations

The Centre has ordered security audit of all vital installations, including nuclear stations, oil refineries and military bases, across the country. The order has been issued after a high-level meeting held by the Union Home Ministry following the last week's terrorist attack on a naval base in neighbouring Pakistan.A joint-team of Intelligence Bureau and local security heads will survey and assess the level of security of the vital installations.

All nuclear plants, ISRO installations, oil refineries and airports will be covered in the audit. Any gaps in the security, if found, will be identified and plugged while Quick Reaction Teams are to be formed wherever they do not exist. All states and security forces have also been asked to intensify vigil around the vital installations and military camps and foil any attempt by militants to disturb peace," an official said.

Additional forces will also be deployed in public and religious places to prevent any sabotage attempt, the official said.

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

For More IIPM Info, Visit below mentioned IIPM articles.

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Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

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Wednesday, April 28, 2010

Is homeschooling a viable recourse from the culture of rote pervading our education system?

Can such children – vulnerable as they sound – ever prove to be a threat? The fear of creation of a parallel society is the reason that governments of various nations quote for banishing homeschooling by law. One such country is Germany where the illegal status of homeschooling recently led Uwe and Hannelore Romeike to leave their home country – with their five children – and seek political asylum in USA through Home School Legal Defense Association (HSLDA: A US-based non profit organisation dedicated to this cause for over 25 years). Mike Donnelley, Staff Attorney, HSLDA, reveals, “Homeschoolers in Germany are fined many thousands of dollars, criminally prosecuted or have their children possibly taken from them. The govt. claims that they have ‘an interest in stamping out parallel societies.’ They say that the state has an equal responsibility in raising children and that schools are necessary in order to bring children up with the "democratic values" of the new German state.”
In India, there are no specific diktats on homeschooling, apart from the “free and compulsory education for all” provision in the constitution, now bolstered by the recently passed RTE Act. “Every state has its own rules with regard to schooling, but homeschooled children can pretty much join regular schools any time they wish. If they want to continue with homeschooling, then they can complete their high school (10th grade) from the National Open School. The certificates from this organisation can be used all over the country to join colleges for courses thereafter,” explains Chetana.

The pedants call homeschooling a utopian dream – where socialisation, conflict management, ability to deal with competition and other life skills can never be achieved. Mike dismisses notions of socialisation that have to do with staying “cooped up in a classroom with 20-30 children of their own age for 6-8 hours a day”. Sandhya agrees, “The fact that a child is being homschooled doesn't mean that he is at home 24x7 and doesn’t meet other children. In fact, we find more time for him to meet people from different walks of life now than we did when he was at school and the only people he came in touch with regularly were his classmates, teachers, friends and us. One thing he might miss out on is the 'sense of competition' in the classroom. And my viewpoint is that I'd rather have him work well as a team rather than try to compete with someone.”

Looking back at one’s childhood days, the possibility of spending some years studying at home and some in school creates an overwhelming urge to be home – and young – again. But as a parent, the dream may turn into a terrible dilemma. The end of shaping well-rounded and sensitive citizens is certainly a matter of formidable responsibility, after all…
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

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Wednesday, February 17, 2010

Bringing back the good old days

“Now with recruitment being done at all levels, the hustle and bustle will soon return to the township,” the senior official told me. In fact, as per his claim, the Town Administration Department (TAD) at Piplani (which is functioning from 4-5 out of 13 intern hostels that have been allotted to the department by BHEL management) has already allocated a huge fund for the repair of roads inside the township in anticipation of this influx. The department is even said to have allocated Rs.90-100 million for the renovation of trainees’ hostel. Community centres, too, will be coming up at a fast pace all across the township.

But what about Nehru’s real expectation from these temples of modern India – the empowerment of the common man, and hence the society? Shrikant Deshpande (name changed), a Senior Engineer with BHEL Bhopal for over 30 years says, “I joined BHEL Bhopal 30 years ago as an artisan... BHEL not only gave me an opportunity to go for higher studies but also provided me with a springboard that catapulted my career to great heights,” reminisces Deshpande with a smile.

Clearly, BHEL is not without its fair share of passionate supporters. To enable many more such smiles on the faces of its current and future employees, BHEL has to renovate its township infrastructure at the earliest. And considering their past record of business and service, one would certainly want to give them the benefit of doubt.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

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Tuesday, February 16, 2010

A scintillating black comedy!

TSI Five-O: A spectacularly simple tale of love, deceit and greed

If you fell in love with the simple, rustic score of “Ishqiya”, chances are that you will enjoy the film as well. Right from the first scene of the film, “Ishqiya” sets out to be an enigmatic film, artistic and arresting in about equal measure. A black comedy, the plot of “Ishqiya” is cleverly drawn and it begins with small-time thieves Khalujaan and Babban (played by Naseeruddin Shah and Arshad Warsi respectively) escaping from literally being buried alive by their gun-wielding boss (Salman Shahid), and finding refuge in a small town, Gorakhpur, at the house of an old friend. However, their friend had expired, and his widow Krishna (Vidya Balan) allows them to stay at her home. At first, Khalujaan loses his heart to the charms of the widow, but soon Babban too follows suit. As they battle each other for her heart, the two crooks realise that their lady is twice as crooked as them! Together, the trio goes on to hatch kidnapping plans, the thieves to recover the money to return to their boss, and Krishna for her own hidden motives… Sadly, the ending is the only place the film falters where the interest aroused is snuffed out with a hurried, low-on-impact, climax.

The acting by the three lead actors is first-rate, and what is remarkable is that the supporting cast match their brilliance take by take. The protagonists spew slurs thick and fast, but strangely it doesn’t seem crude but neatly compliment the characters and the setting. A first attempt at direction by Abhishek Chaubey, we bet with “Ishqiya” he already has built a strong fan base for himself!

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Source :
IIPM Editorial, 2009


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

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Thursday, February 11, 2010

probable fallouts of the sri lankan polls from Colombo

There is apprehension among Muslims as well. The way they have joined ranks with Tamils to oppose Rajapaksa can be explained by the fact that Fonseka won all Muslim-dominated districts in the polls.

In fact, experts believe that all these years, Muslims were wooed in order to isolate LTTE. Now that LTTE is gone, many believe, the heavily politicised Buddhist clergy will like the government to tighten screw on the Muslims as well.

It appears that issues like corruption, abolishment of the post of executive presidency and increased cost of living have failed to dent Rajapaksa’s vote base. There have been some serious allegations regarding threatening and bumping off critics and journalists. One of his brothers, Basil, is called anything between Mr 15 Per Cent to Mr 20 Per Cent. The figures represent the alleged cut he takes from every project that is passed. “Rajapaksa has ruled using jamboree techniques. He has not only exclusively presided over the armed forces but has also presided over the clandestine Tamil paramilitaries, the gangland Mafioso, death squadrons, corrupt ministers and the powerful commission lobby with the aid of his brother Basil,” says noted journalist Nilantha Ilangamuwa. “Now we have to face it for another 6 years.”

The Lankan economy is in dire straits. A colossal $11.7 million per year is spent on presidential advisors and over $8.6 million on luxury vehicles. Around $100,000 per day is spent on other central offices. Several millions a month go on looking after the President and security in Colombo. The nation that, in the past, had the second highest living standard in South Asia after Pakistan, which had generous subsidies for food and fuel and that once boasted close to complete literacy, has today one quarter of its population living below $1 a day. But all these have not mattered at all in the elections. Dayan Jayatilleka has an explanation. “The election was to decide the head of state, not merely the head of government and I consider Mahinda Rajapakse makes a superior head of state. As for our grumbles with the government, the management, these are best tackled at the forthcoming parliamentary election,” he says. Constitutional mumbo-jumbo as it may sound, it did find resonance with the voters.

Economy is a front where some out of box thinking is required. Defence expenditure reached $925 million in 2009. It is probably the only country on the earth where the defence budget has been increased following the end of a conflict. Sri Lanka’s main economic problem has been a high fiscal deficit averaging 8 per cent of GDP since 1991. Successive governments have borrowed heavily due to the 28-year-old war and the cost of maintaining a bloated public sector. Thus increase in post-conflict military budget is absurd.

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Source :
IIPM Editorial, 2009


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

Read these article :-

Tuesday, February 02, 2010

Some individuals who opted to go barefoot in search of success

The trick to growing her business, as she claims was “to follow a patient and steady approach...” Her first big client was Mindtree; and today her company has clients like Honda, ABN Amro, Volkswagen et al. Of course, she doesn’t want to miss out on Page 3 references too as she reveals, “Our company made chocolates for Shilpa Shetty’s engagement ceremony too!” And she desires to move on to retail shelves soon, after an overwhelming response from her B2B clients. In fact, Rashmi is currently running a pilot test on exclusive retail kiosks in a luxury mall in the capital... Nitin Gupta, Founder, Khojguru, had been investing in his brainchild Khojguru.com, a discount portal website, two years before he even joined the company on a full-time basis. An IIM alumnus, Nitin joined Lehman Brothers through a pre-placement offer. Matters were rolling smooth, until Lehman Brothers filed for bankruptcy and he was forced to move on. “There is no doubt that things were very hard at that point in time. But I was always very confident of Khojguru being a success,” he reminisces. Today, in his mid-20s, he feels that “there is still a long way to go.” Khojguru has been a cult hit in Delhi and is now eying other cities as well.

There are many other young entrepreneurs in the country, most like the above-mentioned, who have found a will to prosper through application of the management education they received, minus the cushion of an established brand. And for those who still are nurturing a promise that can turn out to be a great venture, Jagdish Khattar, ex MD, Maruti Udyog Ltd, and current CMD, Carnation has the right words, “If you have a business proposition and you believe it has the potential, just don’t give it up.”
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-