IIPM-B School

Indian democracy - Mandate for Peace

2009-10-21T02:00:00.000-07:00

It is perhaps only in a democracy such as India that such a sight is possible: gun-toting militants making ‘peace’ with the government and joining the mainstream, their sins washed away in an instant. It is rampant in India’s northeast and other parts of the country.

The debate is unending. “Democracy here exists only in name. Ambedkar’s vision of a federal India was ruined by the Congress,” says Prabal Neog, leader of the 28th battalion of the United Liberation Front of Asom (ULFA). “Our democracy may not be perfect,” counters HN Das, general secretary of the Assam Congress, “but let’s not forget Assam went back by 20 years because of ULFA.”

But no matter what, there is again that familiar sight on television, of more speeches and promises, followed by that serpentine queue at a polling booth. Nameless faces, still grieving over failed revolutions, will vote… It’s India’s undying mandate for peace.

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Source : IIPM Editorial, 2009

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

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A doctor brand vs a hospital brand...

2008-05-01T23:10:00.000-07:00

The termination of Naresh Trehan – the executive director of Escorts Heart Institute and Research Centre (EHIRC) and a prominent cardiologist – has taken everybody aback. The Fortis management (that holds 90% stake and management control in the Escorts Hospital) sacked NareshTrehan and also did some major reshuffling in the top management of Escorts. Fortis’ argument for sacking Trehan is his Rs.1,000 crore Medicity project (a multi-disciplinary healthcare hub proposed to bed eveloped in Gurgaon), that leads to conflict of interest between the doctor and EHIRC. However, the High Court order of providing unrestricted access to doctor Trehan to the hospital has helped him carrying out his normal schedule at the hospital, though he has been forbidden to take new cases and patients. On the other hand, a wave of rage has struck patients, who claim that they had an appointment with the doctor for their treatment, but the hospital management turned them away.

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Source : IIPM Editorial, 2008

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

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Apple plans Windows safari!

2008-04-08T23:14:00.000-07:00

Finally, Apple launched the Safari beta version that also works on Windows platform
Apple now enters the internet browser’s category with its product christened Safari. Not just for namesake, Apple promises Safari users a sure cruise across the World Wide Web boasting to be better than its competitors in terms of speed. Interestingly, its beta version is compatible with Windows as if acknowledging the popularity of Microsoft’s operating system Windows yet challenging its internet browser- Internet Explorer. It even cleverly designs its icon as a blue globe that almost uncannily reminds one of the famous blue ‘e’ icon representing Internet Explorer. But, it is a bit too early for well established Internet Explorer to start worrying about its rival as Safari has a lot to prove. Apple has a list of worries of its own. Not only does it have to be wary of additional existing rivals like Mozilla FireFox, Opera 9.2, Netscape Navigator 9.0, it has to cover its image as it is facing setbacks right since its initial launch of Safari 1.0 and 2.0 beta in early June. For thun initiated, these beta versions have detected to be infested with flaws, such as cross site scripting (XSS) in Web Core fuelled by a Phishing problem, a flaw in the Web Kit that allowed arbitrary code execution and an out of- bounds memory read issue.

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Source : IIPM Editorial, 2008

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

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The 1st cut is the deepest...

2008-04-07T23:21:00.000-07:00

To make matters worse, profit margins for this industry for the coming two to three years, according to Namita Chhetri, CEO, ICMR, “will fall from the current 30%-40% to as low as 12%-20% (as per Knowledge@ Wharton).” She further spouts to us, “According to the damning finding of Wharton analysts, because of over crowding of too many players in this business, a killing 70% of the malls will horribly fail the test of time.” Prakhar Sharma, Retail Analyst, CLSA India, ruthlessly vindicates this point to 4Ps B&M, “Yes, real estate costs have increased substantially and even middle level employees charge a high salary. It is difficult for small retailers to survive in this scenario...” Even Krishna Kant, Director (Technical), Era Landmarks, supported this thought process to us, “Seeing the recent spurt in the real estate market, one has to extremely selective in choosing the location of a project.” Attracted by the limelight of the mall culture and befooled by the increasing footfalls, small retailers got entrapped in the mall mania and now, ever increasing real estate prices, maintenance charges and minimal purchases inside the shops have really pushed these retailers to the final wall.

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Source : IIPM Editorial, 2008

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

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Positive Impact

2007-05-03T01:40:00.000-07:00

The revenue of the company also registered a 46% growth for the year 2006-07. The results had a very positive impact on the bourses and Infosys’ shares surged by Rs.43.95 and closed at Rs.2,121. The Earnings per Share of the company increased to Rs.69.11 as compared to Rs.45.03 during the previous year. While, the client base of the company increased by 34 new additions during the year, it added 30,946 employees (gross). Also, the attrition rate of the company declined and settled at 37%.

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Source : IIPM Editorial, 2007

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

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Balance

2007-03-28T02:33:00.000-07:00

Promod contemplates over striking an effective balance between work and leisure and frankly admits, “It is hard and is one of the challenges.” He however prefers not to work on certain days and spends quality time with his wife and three daughters. He enjoys skiing in his free time and takes time off from his busy schedule to teach at a nearby Sunday school. He is also an avid reader and he is extremely fond of Rick Warren’s book – Purpose Driven Life.

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