Monday, March 03, 2008

‘Green-Back’ or ‘Green Path’?

They base their environmental programs on the mantra – “Design, Reduce, Reuse, Recycle and Dispose”. They are the first restaurant company to start ‘Litter Patrols’ where each staff member goes out and picks-up not just their own used packaging McChicken is going McGreenbut also any other litter that has been discarded, carelessly! The restaurant, if you have not already surmised, is McDonald’s. The latest in their series of moves is to convert the spent cooking oil into biodiesel fuel! “A marketing gimmick” according to some; but the background suggests something else!

Starting with a single drive-in restaurant in San Bernardino, California, in 1948, and currently operating over 15000 restaurants across 70 countries, McDonald’s has been breaking new grounds on issues that affect the customer. Ingrained with Ray Kroc’s founding policy of Quality, Service, Cleanliness and Value, their initiatives are palpable in their involvement in community projects on education, health care, and rehabilitation facilities liberally interspersed with their trysts with the environmental destiny!


For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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

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posted by Editorial at 10:59 AM

Monday, February 18, 2008

When ‘real’ growth is what you desire, you need to face ‘reality’!

In India’s fast-growing economy, real estate has emerged as one of the most attractive investment areas for domestic as well as foreign investors. Research estimates that Indian Real Estate market is expected to grow from the current $14 billion to $102 billion in the next 10 years. As per ASSOCHAM, the booming real estate market will gain momentum and is likely to attract foreign investment worth Rs.80 billion in Where the eaglesdare to soar...2007.

The main growth thrust is primarily due to favourable demographics, increasing purchasing power, existence of customer friendly banks & housing finance companies, professionalism in real estate and favourable reforms initiated by the government to attract global investors.

The country has had three good fiscals of growth and currently is clocking a 9% growth rate. Add to this a pre-disposed government focused on strengthening India’s socio-economic fabric through continuous reforms and liberalization charter. Additionally there is a huge focus on developing the social and physical infrastructure of the country including roads, airports, bridges, SEZs, cities and integrated townships.

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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

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posted by Editorial at 11:45 AM

Monday, January 28, 2008

9/11 couldn’t (Im)melt him!

Holding the reins of a 129-year old extraordinarily diversified conglomerate, the only name that has remained on the Fortune 500 elite list (since its inception in 1955) with a gargantuan m-cap of a blinding $418.6 billion on the NYSE & a grand $160.9 billion in annual revenues during 2006 pouring in from eleven business verticals (ranging from aviation & infrastructure to finance, healthcare & energy), is by no means a task free of hitches… Don’t believe us? Well, ask Jeffrey (Jeff ) Immelt, the CEO of General Electric & he’d thumpingly reiterate that!

Sworn in just four days prior to the September 11, 2001 terrorist attacks, Jeff passed his most fragile days in the company under the shadow of huge setbacks to its aviation & insurance businesses. Infact, GE’s insurance business alone suffered a substantial $660 million in losses due to the attacks. Then followed the Enron scandal, which again cast huge allegations on the company. Those were the thorny heydays for the man who had previously led GE’s $7 billion Medical Systems unit as its CEO! But surely, there must have been some reason why a seasoned CEO like Jack Welch handpicked him from amongst the crowd. Surely, it was not because both started their careers in GE’s Plastics unit. Surely not!

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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

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posted by Editorial at 5:48 PM

Friday, January 18, 2008

Wild, wilder, wildest!

The bane of the Bajaj Group is very clearly in their love to run their companies while owning them. It seems funny that neither Rahul nor the other owners have considered the fact that hiring non-family external CEOs to run their family companies can in one shot resolve the family disputes about control; and also portray an extremely professional image of the group. In November 2006, Rahul boasted at a Wharton symposium, “There is no reason to believe that a non-owner (CEO) is more competent than an owner (CEO).” Sadly, with this statement, Rahul gave away lack of even skimming knowledge of research on the subject. Research from Harvard, London Business School et al has proved beyond doubt that family CEOs will eventually destroy firm value and ensure breaking up of groups. And now, according to the exemplary BDO Stoy Hayward Survey, only around 10% of family-businesses globally survive past the 3rd generation.

Dear Rahul, it’s already the third generation at Bajaj now, a group that has started breaking apart at breakneck speed. Was it a coincidence then that just this week news filtered out that you are finally searching for an outside CEO for Bajaj Auto? Perhaps... The New York Times writes about the movie Wild Hogs, “It’s a comedy about male midlife anxiety. Some of us may not find the subject so funny, but never mind.” Dear Sir, we know you don’t find this funny; it was never meant to be a comedy anyway; but we’re anxious, so are lakhs of your shareholders. And wild as we may be, we just can’t ‘never mind’!
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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

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posted by Editorial at 11:52 AM

Saturday, December 29, 2007

Indian pharmaceutical players have been among the frontrunners that have moved in for the kill

Indian pharmaceutical players have been among the frontrunners that have moved in for the kill, more so in the post-liberalisation era. They are not just reveling in the plethora of opportunities that have opened up, thanks largely to a number of patents expiring. Indian companies, irrespective of their size, are taking up the cudgels in every sphere of the gargantuan pharma space, and they even have a war chest ready to enable them to gobble-up First World companies, as and when required. However, on the other hand, the Indian players have also learned (the hard way) how tough the generic business can be. This is a space that has seen murderous price wars (particularly in the US), despite the fact that China, the undisputed master of the pricing game, doesn’t account for much in the pharma sweepstakes. Even though they are enjoying their day in the sun, these firms still lack the financial and R&D muscle of the beleaguered pharma giants. Will Indian firms ever be able to metamorphose into giant killers? We take a closer look…
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

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

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posted by Editorial at 9:57 AM

Thursday, December 13, 2007

Trade Disorders

It was almost inevitable: the complete failure and breakdown of talksSutanu Guru, Executive Editor Business & Economy under the so-called Doha Round of World Trade Organization (WTO) negotiations. There is that old adage about parallel lines not meeting at all and the stance adopted by the First and Third World nations reflects two parallel lines. Developed nations and blocs like United States and the European Union want greater access to Third World markets; yet, they are not willing to allow Third World farmers unfettered access to their own markets. Seven years after the Doha Round of negotiations started, it is clear that the US and the EU are simply not willing to come even half way on the issue of farm subsidies. In an earlier era, these developed nations could ram their unilateral decisions down on Third World nations, because the latter were hopelessly dependent on the former for aid, technology and capital. That’s no longer the case. Countries like Brazil and India are no longer meek pushovers in the global arena, and they are not willing to accept patently unfair terms in the global trade regime. It is no wonder WTO negotiations are breaking down repeatedly.
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

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

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posted by Editorial at 11:45 AM

Wednesday, December 05, 2007

The enemy within...

It’s been a long time since the days of Charu Majumdar and Naxalbari movement. India has changed much from those days and though disparities, inequalities and discrimination still prevail in many of the pockets of the country, the movement that is going on in the name of Naxalism today is far from the ideology of Charu Majumdar. Ironically, today Naxalites have literally become an anti-thesis of what essentially was the reason for the initiation of the movement. In the last few years, more people have died due to their mayhem than in wars or in, say, Kashmir. Those are oft en the hapless and poor foot soldiers of CRPF and State police along with innocent villagers who are the victims of their atrocity. Critics say that given the millions they collect annually through extradition, they could have literally changed the landscape of rural India if they wanted.
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

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

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posted by Editorial at 11:59 AM

Thursday, November 29, 2007

Kellogg: Not for children under...

Kellogg Company, popularly known as Kellogg, has decided to block marketing of certain products to children. The voluntary initiative would see the introduction of ‘front of pack’ nutrition labelling. As per Kellogg Global Nutrient Criteria, a new internal standard, the company would adhere to certain norms while deciding what and how to market to children via all the channels. According to the company, ‘those products that don’t meet the criteria (which is almost 50% of Kellogg products currently marketed to children worldwide) will either be reformulated to meet the ‘Nutrient Criteria’ or they will no longer be marketed to children under twelve by the end of 2008.’ Later in 2007, the company would introduce Guidline Daily Amounts (GDAs) in the US, Canada and Mexico on the front labels of ready-to-eat cereal packages on sale.


For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

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


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posted by Editorial at 11:25 AM

Tuesday, June 12, 2007

Executive-HR MIS

A Leading Telecom company is looking for an Executive – MIS in their HR department. The incumbent will be responsible for Data collating and MIS reporting, attrition analysis, compiling employee database & data analysis.

Experience: Any Graduate with 3-7 yrs of experience. Candidate should have minimum 2 years experience in MIS in the HR department.


Locations: Mumbai
Apply to: fmcg@planmanindia.com

For complete IIPM article click here

Source:- IIPM Editorial, 2006

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

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posted by Editorial at 1:22 PM

Thursday, May 03, 2007

Alan Johnston!

As Alan Johnston’s four weeks in captivity in Gaza strip failed to show any trace of him, the question related to safety of journalists in troubled spots of the world has resurfaced. Johnston represented BBC in Palestine and his kidnapping on March 12, 2007, has been one among the series of crimes in the region, where the journalists have been at the receiving end of cruelty. Without doubt, West Asia has witnessed crimes against journalists more oft en. Ironically, it has not been the notorious third world dictatorship or the Islamic militias that have caused most of these crimes against journalists, but, in fact, countries from the so-called liberal Western world. And how’s that?

Of high interest is the stunning accusation by the most respected Paris-based organisation, ‘Reporters Without Borders’, that accused United States of perpetrating war crimes in Iraq by deliberately targetting journalists that are not in their good books. In the process, the organization contends, investigations must be carried out to determine whether or not Americans are violating the international humanitarian law, and especially the Geneva Convention. If that accusation sounded shocking, the US government’s cup of shame ran over when the International Federation of Journalists seconded the above opinion calling for an independent enquiry against the concerted American attack on the Al-Jazeera and Abu-Dhabi Television channels.

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Source : IIPM Editorial, 2006

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

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posted by Editorial at 2:44 PM

Friday, April 13, 2007

Need space?

As if human beings were short of 510 million sq. km. of earth’s land area, the encroachment of the infinite area of space has already begun, and how! Garbage now lies spilled over space and NASA estimates that there are around 9,000 pieces of man-made space junk larger than 10 cms, around 100,000 objects between 1 and 10 cms, and millions of particles smaller than a centimeter flying around the earth’s orbit. These junk comprise unspent rocket fuel, general debris and sometime entire defunct satellites. But the dangerous part is that these particles can easily cause a spacecraft to breakdown or even get shattered. From penetrating satellite hulls, destroying solar panels and other equipment, to the emission of harmful radiations dangerous to life on earth, these waste items seem to be worse than imagined.

Though the Space Dust Experiment (SPADUS) has been initiated by scientists to control such waste, unless the top powers of the world work out a universal anti space- debris protocol, soon one might not need to worry about too much solar ray transmissions to earth, eh!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

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



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posted by Editorial at 2:36 PM