IIPM Admission

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

Friday, April 09, 2010

Creativity? What’s that?!


IIPM: An intriguing story of growth and envy

After reeling under slowdown for most part of the last one year, the Indian auto sector has a reason to rejoice as the recently passed festival season has been the best in terms of banking volumes since the slowdown struck. And to further encash on the frenzy, auto majors have announced a slew of launches in order to ensure adrenaline rush. So be it Chevrolet Cruze, refreshed Honda Civic or Indigo Manza, all are trying to create the desired waves in the industry. The up-coming period is crucial for the auto sector and great emphasis is being laid on advertising to enhance brand visibility. However, a quick look at the TVCs of auto companies gives a sense of deja vu as creatives of most of them are similar. Invariably, viewers get to see similar ads describing the features of the product and when it comes to brand building, creativity comes much later in the picture. Explains Ayyappan Raj, Business Director, McCann Erickson, “You can’t be much different in your approach while making an ad for auto as it also needs to explain the features of the product offering.” Take the case of Maruti’s Swift ad or Hero Honda’s Karizma ZMR ad – both undoubtedly create the desired excitement but are not clutter breaking by any means. But as Raj adds further, “The bottomline is that the ad should be able to get the initial desired volumes.” This makes it all the more imperative for the ad-frat to choose the conservative way.

Pawan Chabra

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

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

For More IIPM Info, Visit below mentioned IIPM articles.

The Sunday Indian:- B-SCHOOL RANKING SCAMSTERS EXPOSED!
For Exclusive Footage by Sunday Indian Click Here

Outlook Magazine's B School Ranking Scam Exposed
Don't trust the Indian Media!
IIPM exposes Career 360 and Mahesh Peri scam
IIPM - We will change your outlook : Career 360 and Mahesh Peri scam is exposed

Prof Arindam Chaudhuri of IIPM on MF HUSAIN‎
IIPM Related Links
IIPM ISBE Programmes
Follow Arindam Chaudhuri on Twitter
IIPM B School on Twitter
Exclusive In chat with Society Magazine - Prof. Arindam Chaudhuri

Thursday, March 25, 2010

Of hush hush moments...


Nandini Dias, COO, Lodestar Universal

4Ps: Which was the defining moment of your Nano success?
SS:
The big high came when Ratan Tata publicly applauded our work at the time of Nano’s live launch. We delivered this campaign in adversity. The client did not want to spend the usual Rs.50-60 crore required in a normal car launch so we were on a tight budget. Even the time to implement was less as everything was hush hush until the last moment.

4Ps: How would you define Lodestar’s USP for clients?
ND:
I like to believe that we are known for our strategy and innovation, as you see in the Nano campaign. A recent survey conducted among the top 200 clients in India has ranked us at the top in nine parameters.

4Ps: But you’ve lost some key clients over the last few years?
SS:
Every business has its churn. The trick is to minimise that churn. We have contained ours at just 5-6% of total revenues. Agencies lose businesses because of three reasons – international alignments, consolidation or else because they’ve picked up some accounts in desperation and are being unable to service them properly. We’ve lost businesses over the last few years because of the first two reasons. We lost Mudra Garments as the Birla Group consolidated with Group M and Intel went because of a global re-alignment.

ND: Some clients also change agencies because of remuneration considerations. I however feel that such clients lose out on the learning and knowledge that your incumbent agency may have picked up over the partnership years. Clients lose out on that learning.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

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

For More IIPM Info, Visit below mentioned IIPM articles.

The Sunday Indian:- B-SCHOOL RANKING SCAMSTERS EXPOSED!
For Exclusive Footage by Sunday Indian Click Here

Outlook Magazine's B School Ranking Scam Exposed
Don't trust the Indian Media!
IIPM exposes Career 360 and Mahesh Peri scam
IIPM - We will change your outlook : Career 360 and Mahesh Peri scam is exposed

IIPM Related Links
IIPM ISBE Programmes
Follow Arindam Chaudhuri on Twitter
IIPM B School on Twitter
Management guru Arindam Chaudhuri’s latest blockbuster book, Discover The Diamond In You
B-schools expect higher rate of campus placements this year

Friday, January 22, 2010

Life never seemed less busy


IIPM 3-year full-time Integrated (MBA BBA) Programme


Sehgal of Nestor Pharmaceuticals also propounds how risk-taking is futile for Indian as he states, “The R&D which are required, involves a lot of cost. There was never much point in Indian manufacturers spending too much on R&D of their own when their new product discoveries could not be patent protected. R&D spending should now be ratcheted up – significantly and rapidly.” Merrily though, Indian pharmaceutical giants have no worries about it at all, and yet stand to earn a mindblowing $200 billion by 2014. God sent mercies for an ailing sector, really! Then there’s Ranbaxy, which has perhaps made the biggest proactive move amongst all in its cadre by pre-planning the first launch of the generic version of Pfizer’s lucrative drug Lipitor.

The Daiichi Sankyo-owned company has scheduled the launch of the first version of Lipitor in November 2011. And this is where you need to raise that tip of your hat for the erstwhile CEO of Ranbaxy Malvinder Mohan Singh (MMS). Yes, he perhaps got the MMS clip long back, forecasted that an opportunistic situation would come to pass, and settled rows with Big Pharmas long before he was ousted from Ranbaxy. While speaking to 4Ps B&M, a market analyst (who tracks a competitor firm and requests anonymity) declared, “Many shareholders thought they got the better of bad luck by getting the better of Singh, but honestly speaking his agreement with Pfizer has the potential of delivering $2 billion in revenues and his deal with the UK-based doc, AstraZeneca, for the Nexium drug can ring home $1.4 billion in revenues for Ranbaxy. Who can embody such vision now? They gave up the long term for the short term!” But who really cares; Daiichi saw it when Ranbaxy’s shareholders couldn’t – it saw a strong generics player, a great presence of Ranbaxy in third world nations and a super low-cost producer of drugs! But who cares?

Then there are also other players like the Indian subsidiary of the €9.3-billion Dutch pharma company, DSM, which has taken pro-active measures to forge new tie-ups with quite a number of global pharma majors for supplying atorvastatin (which is the basic compound that is used to manufacture Lipitor). Worthy of mention, realising the future need for generic drug manufacturing, the company had already entered into a manufacturing agreement with India-based Arch Pharma in 2007. Today, astrovastatin is rolled out of Arch’s plant!

Another point to note for the Indian giants, if they are to really capitalise on making money from the generic models of the off-patent drugs is that they should focus on other markets besides India. Essentially, the five biggest markets for off-patent drugs by 2014 are Japan, Italy, France, Australia, US and Germany. Therefore, it is not just critical to make the most of this opportunity in the country, but also to ensure that geographical diversification and international tie-ups play their part in cracking this drug deal!

But will players like Sun Pharma stop at just making money from these “lost IPR” opportunities? Well, not really as Baldota states, “Investing in R&D and coming out with new formulae that can be filed for patents, or maybe even move beyond just generic drugs, depending on the strategic focus, both can be attractive opportunities...” On the optimistic side, Sehgal of Nestor Pharmaceuticals thumps, “The pharma companies should certainly explore opportunities beyond generics with foreign investors eagerly eyeing up India’s wealth of human resource and its massive domestic market…” Fortune favours the ‘proactive’ brave, isn’t it?

Finally I have an antidote to the popular saying ‘Health is Wealth’… for now folks, for the Indian pharma gang members, the drug deal code is - ‘Wealth is Health’; yeah!

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

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

For More IIPM Info, Visit below mentioned IIPM articles.
Follow Arindam Chaudhuri on Twitter
1 lakh copies sold in less than 10 days of Arindam Chaudhuri’s “Discover The Diamond In you”
IIPM fights meltdown, places 2300 students By Education Mail Bureau
Delhi/ NCR B- Schools get better - Mail Today Survey
Events at IIPM
Detail of all IIPM branches
IIPM, GURGAON
IIPM 2-year full time Programme (leading to the award of the MBA degree from IMI)
B-schools expect higher rate of campus placements this year
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’

Friday, January 15, 2010

C’mon, be a sport Wendy!

If there is one thing that Wendelin Wiedeking, German sports carmaker, Porsche’s CEO for 16 years would be remembered for after he steps down from his post, it will have to be his horrendous plan to acquire Volkswagen because of which Porsche is saddling with huge mountains of debt to the tune of $14 billion. Maybe this is why the supervisory board of Porsche Automobil Holding SE unanimously accepted the CEO’s resignation. Did we tell you that Wiedeking is also Germany’s best paid CEO! Had Porsche been an American company, Barack Obama would have definitely thrashed Wiedeking with his famous ‘Say on Pay’ bill! Coming back to Germany, it is believed that despite much controversy surrounding Porsche’s buyout of Volkswagen (that actually triggered the CEO exit), talks of merger may revive once again following Wiedeking’s exodus. But it ain’t as easy as it seems to be. Before the merger talks take any form, certain issues still need to addressed gingerly before the merger gets a green signal.

Interestingly, Wiedeking was the one who got Porsche back from the brink of bankruptcy in 1992. But his idiosyncratic attempts to acquire Europe’s largest automaker, Volkswagen has taken Porsche into deep realms of debt. In fact, the hostile takeover attempts by Porsche opened the doors to Ferdinand Piech, Volkswagen’s powerful Chairman and a part-owner of Porsche, to turn the tables on Porsche. Piech even went to the extent of convincing the company to take over Porsche on the condition that the sports carmaker will improve its finances first. There is no denying the fact that Porsche will have to test the rough waters carefully before going ahead with its decision as experts expect the desired merger to be driving the growth of Porsche for many more years to come.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

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

For More IIPM Info, Visit below mentioned IIPM articles.
Management guru Arindam Chaudhuri’s latest blockbuster book, Discover The Diamond In You
IIPM fights meltdown, places 2300 students By Education Mail Bureau
Delhi/ NCR B- Schools get better By Swati Sharma
Events at IIPM
Detail of all IIPM branches
IIPM set to beat economic slowdown
IIPM - Admission Procedure
IIPM, GURGAON


Saturday, January 09, 2010

Social media helping in brand advocacy?

Ever wondered how active users of social networking sites can help enhance the equity of a brand? Anderson Analytics conducted an online survey in June with 5,000 demographically representative respondents to identify users’ likely interests, buying habits, media consumption, et al, and concluded that there are definite data-driven segments in the social networking site market, both for non-users and users. “Most of the marketers don’t understand the nature of social networking. They are responding with little thought or strategy and are wasting money as a result,” says Rob Enderle, Principal Analyst and President, Enderle Group. Marketers need to advertise where the likely customers are spending most of their time and target the ad so that it will be consumed in the context of their activities and find a way to capture metrics of the success so that they can improve upon it. Enderle further adds, “They first have to profile their customers and then design a program that works within the context of this media.” Take for instance Facebook. It has been observed that Facebook-users are non-youth and average in the level of interest shown in the site compared to Twitter and MySpace. LinkedIn, on the other hand has a more professional user base. These social networks can be used to create forums that encourage consumers to share their experiences with a brand. Not only will this increase brand awareness, but it will also lead to higher levels of word of mouth advertising and will increase brand advocacy.

Arun Kumar Roy

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2009

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

For More IIPM Info, Visit below mentioned IIPM articles.
1 lakh copies sold in less than 10 days of Arindam Chaudhuri’s “Discover The Diamond In you”
IIPM fights meltdown, places 2300 students By Education Mail Bureau
Delhi/ NCR B- Schools get better By Swati Sharma
Events at IIPM
Detail of all IIPM branches
IIPM set to beat economic slowdown
IIPM - Admission Procedure
IIPM, GURGAON


Wednesday, October 21, 2009

UNLEASHING THE POWER OF THREE

HARPAL KARLCUT, CEO, CANARA HSBC ORIENTAL BANK OF COMMERCE LIFE INSURANCE

To start operations in times of slowdown and quickly break into the top ten in the very first year of operations is indeed incredible. These guys can’t stop thanking their strong focus on bancassurance

You don’t just rise to be the numero uno within a year of operation do you? So why did we chose the Canara HSBC Oriental Bank of Commerce Life Insurance over other leading players (see chart) in the industry? Well, this new player’s performance has been exemplary, especially when the big bosses of the industry are facing a tough time. In just a year, this life insurer has climbed to the ninth position amongst India’s twenty one private life insurance players (in terms of market share on weighted premium income). Not only this, in April 2009, the company recorded its best sales performance over the previous month than any other private insurer. Guess that’s just one more reason to be counted as a success.

But, when listening to any success story, what strikes first is, how? For a conceptual product, which is actually sold rather than bought voluntarily by consumers, credit for the unprecedented response received by the company goes to its operations based on a bancassurance model, adequate capital, distribution capacity, strong distribution channel and innovative products. Certainly exclusive access to approximately 50 million potential customers and a pan India network of over 4,100 branches does give the insurer an ‘unfair advantage’ over some of its new peers. Explaining the success story, Harpal Karlcut, CEO, Canara HSBC Oriental Bank of Commerce Life Insurance Company, says, “Our success is based on HSBC’s in-depth know-how of bancassurance, coupled with the distribution of Canara Bank and Oriental Bank of Commerce. Our performance has been delivered entirely by bancassurance.” What is evident is the fact that bancassurance has played a pivotal role in helping the new entrant break the clout of the biggies. The CEO agrees, “Each aspect of our business model has been tailored to bancassurance and the specific needs of each of the three shareholding banks; including products, promotion, training, operational support et al.” But the real success of a marketing strategy for an intangible product primarily depends on its execution and the insurer has taken due consideration of this fact too.

Success has many parameters and it seems this insurer has focused on each of them albeit more on bancassurance. But then, they should not forget this is just the beginning. To reach the top they have a long and winding road to cover. That’s when they’ll need a lot more than mere bancassurance to fulfil any leadership ambitions.

Gyanendra Kumar Kashyap

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2009

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

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM fights meltdown, places 2300 students By Education Mail Bureau
Delhi/ NCR B- Schools get better By Swati Sharma
Event at IIPM
Detail of all IIPM branches
IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM - Admission Procedure
IIPM, GURGAON


Tuesday, July 21, 2009

High on Kingfisher’s flight...


IIPM, GURGAON

The beginning of FY’05 had liquor baron Vijay Mallya salivating at the prospect of ‘flying. So he launched his Kingfisher Airlines with an all-economy configuration and competitive pricing. The aim was to be India’s largest private airline both in capacity and market share by 2010. And despite all the problems it faced or losses it suffered, Mallya has successfully achieved his target. In January 2009, Kingfisher Airlines was standing tall as the numero uno private airlines with 27.6% market share leaving Jet Airways far behind with a mere 17.9% share. Not satisfied easily and bolstered by his domestic success, last year Mallya took Kingfisher Airlines to international skies. Drinking and driving don’t mix, they say. But we guess brewing (liquor) and flying do mix well. What say?

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

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM 4Ps Quiz
2300 IIPM students get jobs
The Most Revolutionary Concept In Education PLANMAN CHE CENTRE FOR HIGHER EDUCATION, Supported by IIPM India’s Leading B-School
Detail of all IIPM branches
IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM - Admission Procedure

Tuesday, November 11, 2008

Microsoft Xbox 360


IIPM Programme :- SUPERIOR COURSE CONTENTS

Technical Specification

Hard Disk – 20 GB removable; RAM – 512 MB
PRICE: Rs.19,990
WARRANTY: 1 year

With a 20GB HDD capacity and a 512 RAM, the Microsoft X360 has a video output capacity of 256-bit - 2D/3D graphics acceleration and a cracking sound output of 16-bit Surround sound. It features 3 PowerPC-based cores running at 3.2 GHz. Plus, it has a 500-MHz graphics chip. With Microsoft backing up in technology terms, the 4.5 kg Xbox 360 has indeed done enough in terms of performance to give its competitors some sleepless nights... Xbox is the first company to advertise so aggressively in the gaming sphere in India and it has paid them off too. As Rahul Dutta, Marketing Manager, Xbox states, “The Xbox provides you the complete family entertainment which makes it an attractive product.” Adding to it Gagandeep Sapra, Chairman & CEO, System 3 Group asserts, “The realism in the games is what makes it a value for money purchase.” With many renowned titles like Halo, Ace Combat, Ninja Gaiden et al, Xbox 360 is no less than a cult!

Marketers’ delight: The product has a strong brand name associated to it and its earlier versions are tried and tested before...

Tester’s note: Pros – Friendly user interface, Mass market appeal, Seamless online connectivity. Cons – High price, needs a killer application to run, demands a high-definition TV monitor.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
Now IIPM's World-Class Education... for everybody!!
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


Thursday, November 06, 2008

iPod Touch 16GB


IIPM Programme :- SUPERIOR COURSE CONTENTS

Technical Spcification

Backlight - Lines of text: 7 - Resolution: QQVGA, 160 x 128 pixels, 65K colours; Type: LCD - Diagonal screen size (inch): 1.8 inch; Memory- 2GB ; Data can be transferred using USB 2.0
PRICE: Rs.5,000 without taxes
WARRANTY: 1 year (on site)

With a cult behind it, the Apple iPod is one with the killer looks. This most recent version too is a perfect piece to pick up for music lovers. Apart from a great sound quality, the iPod touch has a whole new generation of features including gorgeous 3.5-inch wide-screen display and a built-in accelerometer. “The iPod touch is a landmark iPod, ushering-in a whole new generation of features based on its revolutionary multi-touch interface and built-in Wi-Fi wireless networking,” says Steve Jobs, CEO, Apple Inc. The iPod touch includes Wi-Fi wireless networking, the first on any iPod. The iPod touch is an unbelievable 8 mm thin, and is caries a decent price tag. As far as the amazement factor is concerned, Steve remarks, “People are going to be amazed at how thin it is and how much it does.”

Marketers’ delight: After introducing the iPod shuffle, this one is another piece of art by Apple.

Tester’s note: Pros – Multi-touch display. Wi-Fi access. Excellent user interface. Easy to browse. Access to YouTube content. Slim. Cons – Can’t purchase video via WiFi. Earpiece is anything but impressive (sucks?!).

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
Now IIPM's World-Class Education... for everybody!!
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Friday, October 31, 2008

Change beckons


Now IIPM's World-Class Education... for everybody!!

The tectonic shift in power equations did not end with the auto sector. Even in consumer durables the First World has lost out on its stronghold


From 1945 till the early 1970s, American and European consumer durable players were dominating the sector globally. GE, Westinghouse, Maytag, Whirlpool, Electrolux, Thomson, Philips, Grundeig, to name a few were at the forefront of the durable sphere of the world. However, during the mid-60s Japanese players like Sony, Toshiba, Hitachi and National arrived on to the scene. But these players were treated in a derogatory manner by the western consumer durable giants. They were considered to be poor quality imitations by the western consumers. Only the less affluent could afford their products; the premium class looked down upon them. And at this juncture, players like LG & Samsung were never even heard off.

But gradually by the late 1960s a kind of shift started taking place. Japanese players started improving the quality of their products. They came up with well though-out strategic & marketing plans. Suddenly, by the early 1970s, one could see consumers’ outlook towards these companies changing. A tectonic shift in the power equation happened with the launch of the Sony Walkman, which is heralded as the harbinger of Japanese supremacy in the durable space. After Walkman, innovation was no longer the domain of just the western world. The Japanese had arrived with a bang. Sony’s rise is heralded as the rise of not only Japan but had also of Asia in this sector.

According to Jagdeep Kapoor, CMD, Samsika Marketing, “There were mainly three reasons for the shift in consumer preference from American & European goods to the Japanese – affordability, quality and the sense of novelty. And 1973 was a period when consumers wanted innovation and quality and were not bothered where the brand was coming from. US marketers failed to create adaptability between the brand and the consumer. The Japanese took advantage of this and therefore succeeded.

Till the 1990s, Japanese players completely dominated the durable space and the American & European players were nowhere in the picture. However, by early 1990s, the Japanese economy went into a tailspin, another shift occurred and this time it was the Korean chaebols LG & Samsung that took the electronics world with surprise. In just a matter of few years, they overthrew Sony and became the top two globally. The 1990s and the first decade of 2000 have been completely dominated by LG & Samsung. But by 2010, another shift will happen that has already started to make waves.

Indian & Chinese consumer durable companies are now inching their way upwards to book their seats in the top echelons of consumer durable space. Chinese players Haier (with its acquisition of Maytag) & Lenovo (with its take over of IBM’s Personal Computing Division) are creating ripples globally. Currently, Haier is the no. 2 player in the US.

Indian companies are not too far behind. Videocon has already taken over Thomson’s picture tube unit and the marketing rights of the iconic Electrolux brand in India. Despite its failed attempt to acquire Daewoo Electronics Corp. of Korea, it has not given up on its acquisition spree. The company is now making waves after announcing its intentions to buy Motorola’s handset unit. Even players like Godrej Electronics, Mirc Electronics (owners of Onida) and BPL are making strong comebacks. Undoubtedly, the next few years will see the rise of Indian & Chinese players in this space. The tables have decisively turned!

By vareen ray

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


Monday, October 20, 2008

RON SOMERS - Building bridges with diplomacy


IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

RON SOMERS
Building bridges with diplomacy


Ron Somers, a known figure in Indian Business circuit has previously served in Unocal Corporation as its CEO in India where he helped develop business opportunities in India’s promising energy market. Prior to that, Ron Somers served as MD of Cogentrix Energy, where he facilitated the setting up a 1000 MW electric power project in Karnataka. Currently, Ron serves as head of the Manhattan India Investment Roundtable in New York that comprise of the top 20 Fortune 500 financial service institutions, banks & insurance companies investing in India. A seasoned India-hand, Ron will be India’s man in Washington in the coming decades. His relations with Fulbright Scholarship endowment program will also help Indian students make it big in US. In fact, Ron is known as a ‘Friend of India’ in the US business circuit. Payal Tak, one of the leading women entrepreneurs in Washington area says that Ron is “one individual who is the primary link between the US and India and is a man who has potential to change the dynamics of the relation between the two countries.”

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


Tuesday, October 14, 2008

KIRAN KUMAR GRANDHI - Port of good hope


IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

KIRAN KUMAR GRANDHI
Port of good hope

TheKIRAN KUMAR GRANDHI first glimpse for many foreigners coming to India for the Commonwealth Games (CWG) 2010 in New Delhi will be its modern and swanky airport in Delhi. And working hard and fast to complete it on or before time is Kiran Kumar Grandhi, the Managing Director of Delhi International Airport Pvt. Ltd.

If the performance of Grandhi as MD of GMR Hyderabad International Airport (GHAIL) in launching the Rajiv Gandhi International Airport, Hyderabad, is any indication, the visitors to the CWG 2010 will be pleasantly surprised. The airport was built in record time and will break-even in 2-3 years. To manage the PPP between GMR Group, Malaysia Airports Holdings Berhad, the state Government of Andhra Pradesh and Airports Authority of India (AAI), Grandhi had to draw on lessons learnt from his father, GMR Group Chairman & MD Mr. G.M. Rao. Aligning the board members and the government nominees was testing for the young man, just twenty eight years old at that time. The airports segment contributes over one-third of the group’s revenue and growth, and the group plans to expand strongly in non-aero businesses, as well as expand geographically in south-east Asian countries. In addition, the company will set up a 3300 acre SEZ (Special Economic Zone) in Tamil Nadu. The group also plans to venture into the IT arena of Business Services Provisioning.

At the age of 21, Grandhi joined the family business and never looked back. His guiding principles have been perseverance and focus to deliver a quality product that meets world-class standards. Grandhi is surely going to need all this to put up a good face when the visitors start coming in for CWG 2010.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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


For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


Friday, October 03, 2008

Health is Wealth


IIPM - Admission Procedure

‘Health is wealth’, and for those million of poor people ‘health is the only wealth’. The sole principle of the Bhore committee ‘no individual should fail to secure adequate medical care because of inability to pay for it’ remains unattainable in the country shamefully even after 60 years of independence. The Bhore committee in 1946 had recommended achieving minimum 567 hospital beds, 62 doctors, and 151 nurses per 100,000 populations. Unfortunately, the country has achieved 40 doctors, a mere 100 hospital beds per 100,000 populations. Thus it results in 2.2 million plus infants dying every year, 407+ mothers die due to pregnancy related causes for every 100,000 live births even today, 540 maternal deaths per 100,000 live births, over 0.5 million people die every year due to tuberculosis et al. Major damages happen to the rural India where health facilities are beyond the reach of common people.

Unfortunately, in such a big country like India, there are about 22,400 primary health centers, 11,200 hospitals, and 27,400 dispensaries. Though private players’ penetration has improved the health facilities in India, Bharat remains deprived of it. The country of a billion plus population has around 1.5 million doctors, 0.9 million nurses. Inspite of the fact that the rate at which India is producing MBBS is very low; limited seat availability for post graduate programmes is forcing many pass-outs to choose foreign destinations. In order to produce more quality doctors, 75 AIIMS like institute should be opened across India. In order to provide million of people medical facilities under one roof, 75 Special Hospitals Zones should be started, wherein almost all facilities and equipment should be available. Moreover, these Special Hospital Zones should have almost all form of specialised department. One more indicator to add salt to the wound is inadequate health insurance coverage where barely 3% of the countrymen are covered by social or private insurance.

However, the importance of health can never be ignored. Failure to provide health facilities will simply break the very foundation of the society. Hence increasing the numbers with adequate public-private partnership will help achieve at least what Mr. Bhore recommended 50 years ago.
For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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Friday, September 26, 2008

The ‘once upon a time’ heroes are now sliders


IIPM - Admission Procedure

Temporary sliders are the exception. These former achievers enter in their descent for the long haul

Que: What do you do about an employee whose performance has declined from stellar to mediocre? Believe me, I have tried talking to this person for several times, but six months have passed with no improvement in results and he is beginning to affect the entire team. Is it time to let him go or what should I do? Please advice. (Anonymous, Nairobi, Kenya)

Ans: Six months of warning seems a little brief for a person who once turned in stellar results, but still, we’d have to answered yes to your question. But we feel you’re onto one of the incontrovertible facts of organisational life. It is very hard to reverse the course of a slider – and that’s what you have to do.

There are other problems also: A high achiever who has checked out and before they begin to suck the team into their negative energy field and drag it down with their poor example. Indeed, this we’ve seen it time and time again: Sliders pollute. We’re not suggesting, of course, that managers dismiss all their sliders at dawn. Sometimes high performers do hit a wall and need time to regroup and restart.

Consider this, they might be working through a personal crisis, like sickness or a divorce. Or they might be bored, and sincerely need your help finding more challenge or even other difficulties in their jobs.

But temporary sliders are the exception. Typically, these former achievers enter in their descent for the long haul. And the reason is not very difficult to understand from former achievers angle:

They think and strongly believe they can. That is, they perceive their previous glory protects them. And often, they’re not wrong. Many organisations do have employees that are sacred cows: the scientist who, 15 years back, discovered the breakthrough compound upon which the company is built; the art director who once won the industry’s biggest creative award and there are more.


There’s the slider whose protective armour is the company’s largest client, which loves him for a terrific idea he had five years ago, and the other side is, the slider whose claim to fame is that she was there, taking customer orders and volunteering for midnight pizza runs, when the company was first started in a garage. So, whatever is the reason, sliders usually begin their progression imperceptibly. One day, they start contributing a little less and usually start showing up a little less too. The result is that nothing happens – there may be a few hushed conversations, but no real consequences – and so the downward spiral will keep on continuing forever.

Eventually, the sliders’ under-performance and the organisation’s lack of reaction become embedded, and the sliders land in an awkward bubble of silence and acceptance. The problem with this dynamic, of course, is that sliders are often organisational heroes, especially to old-timers, and their behaviour sets the tone. For newer employees, who aren’t as familiar with a slider’s past glories, but the impact can be even more damaging and destroying.

Sliders show them that the organisation permits employees who are doing nothing. Either way, a slider’s mood and his under-performance can really change the pace and rhythm of a business. They round off the edge you need to win. It doesn’t sound like you’re there yet with your slider, but chances are high that you will be before long. So, yes, let him go now so he can find an organisation that re-energises him. And know that in doing so, you’re sending a critical message to the organisation. When it comes to performance, the past may be nice to recall, but nothing matters like the present, so focus on that.

Que: This month, after nine long years of education in the United States, I return to my family company, where my father has asked me to lead a major turnaround. It’s a major challenge as most of the upper management team remembers me as a boy of 17. What advice can you give me to change this perception? ( Alister Aranha, Dubai, United Arab Emirates)

Ans: First and foremost, recognise that the management team that remembers you “as a boy” knows full well that you are an adult now – and you’re back to take over and lead. Indeed, they’ve been expecting your return for a long time. And most of them, if not all, are ready to fall into line and listen to you.

For that, perhaps some credit goes to your hierarchical culture. But even if you weren’t returning to the Middle East, employees at most family companies know the score. You’re the boss now.

Our advice: Do not go heavy on establishing your authority. Instead, spend your time listening to your new team, show your care, demonstrating how eager you are to hear their perspectives and engage their intellect.

Make sure they know you are truly open to new ideas. Show them you are not a know-it-all, but a learn-it-all. Look, if you’re going to turn your company around in the next few years, your new job is really very straightforward and be focused to it. You’ve got your people’s bodies. Now win their hearts and minds and that’s not difficult for you.

Saturday, September 20, 2008

Back to square one!


IIPM : EXECUTIVE EDUCATION

Bush performs another peace ritual in Palestine towards the fag end of his presidency even while the region continues to burn

President Bush wrapped up his Israel trip last week, visiting the Mt. of Beatitudes in Jerusalem where Jesus is believed to have said “blessed are the peace-makers” & ruins of the biblical city Capernaum on the Sea of Galilee. Quite symbolical a start is for a man who has waged two ugly wars in the name of fighting terrorism. Given the past seven years in power, nobody would doubt Bush’s ability to make rhetoric on all the issues, whether it is the domestic economy, ‘war on terror’ or the West Asian peace process. Does his recent visit to the Holy Land mean anything other than a damage control exercise organised by conservatives in the White House?

Well, before the November 2007 Annapolis peace conference, observers had issued sceptical notes against Bush’s diplomatic gambling. Invariably, American presidents in their last year in power, use soft hands in dealing with the West Asian conflict. And now, it’s Bush’s turn. After holding talks with Palestinian Authority (PA) President Abu Mazen in Ramalla, West Bank, Bush challenged the “sceptics” saying, “I believe it’s going to happen that there will be a signed peace treaty by the time I leave office.” Is it as easy as taking a decision to bomb a weak Saddam Hussein regime in Baghdad? Many experts would disagree. Speaking to B&E, the Director of Gulf Studies Programme at JNU, Prof. Gulshan Dietl said, “Bush’s political clout is weaning tremendously. This visit is a theatre set for his own personal history.

Not only that, the leaders who have to reach an agreement are domestically too weak to take any decision. So, this visit is not going to change anything in the ground.” Two months after Annapolis, it’s obvious that the US & Israel are unlikely to take any step beyond their conventional understanding of the national identity of Palestinians. All this is happening amid reports that Israel, with the tacit support of the PA, would attack and reoccupy the Gaza strip, which has been under the control of Hamas since last June. Hamas on the other side declared, “The only dialogue with the enemy will be with rifles & rockets.” If Israel is going to do that, the entire region would be plunged into a civil war. Even if the PA, by any chance, reaches a political agreement with Israel, as years go by, the number of “core issues” only goes up, not down.

B&E edit bureau: John Stanly

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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Thursday, September 04, 2008

We’ll rein in the horses, err... as soon as we find them!


IIPM : EXECUTIVE EDUCATION

When announcing Japan’s surrender in 1945, Emperor Hirohito famously explained his decision thus: “The war situation has developed not necessarily to Japan’s advantage.” There was a definite Hirohito feel to the explanation Ben Bernanke, the Fed chairman, gave this week for the Fed’s decision to modestly strengthen regulation of the mortgage industry: “Market discipline has in some cases broken down, and the incentives to follow prudent lending procedures have, at times, eroded.” Rather, the explosion of “innovative” home lending in the middle years of this decade was an unmitigated disaster. But maybe Bernanke was afraid to be blunt. After all, straight talk would amount to a direct rebuke of his predecessor, Alan Greenspan, who ignored pleas to lock the barn door while the horse was still inside.

Apologists for the mortgage industry claim, as Greenspan does in his new book, that “the benefits of broadened home ownership” justified the risks of unregulated lending. But home ownership didn’t broaden. The great bulk of dubious subprime lending took place from 2004 to 2006 – yet home ownership rates are already back down to mid-2003 levels.

During the bubble years, the mortgage industry lured millions of people into borrowing more than they could afford, and simultaneously duped investors into investing vast sums in risky assets wrongly labelled ‘AAA.’ Regulators were blinded by ideology. “Fed shrugged as subprime crisis spread,” the headline of a New York Times report, may have been a discreet dig at Greenspan’s history as a disciple of Ayn Rand, the high priestess of unfettered capitalism. In a 1963 essay for Rand’s newsletter, Greenspan dismissed as a “collectivist” myth, the idea that businessmen left to their own devices, “would attempt to sell unsafe food & drugs, fraudulent securities & shoddy buildings.” Rather, “it’s in the self-interest of every businessman to have a reputation for honest dealings & a quality product.” No wonder he ignored warnings of deceptive lending practices.

But Greenspan wasn’t the only one. Consider the press conference on June 3, 2003 to announce a new initiative to reduce the regulatory burden on banks. Representatives of four of five government agencies responsible for financial supervision used tree shears to attack a stack of paper representing bank regulations. The fifth, James Gilleran, Office of Thrift Supervision, wielded a chainsaw. Also attending were representatives of financial industry trade associations. As far as I can tell from press reports, consumer interests weren’t represented. Two months after that event, the Office of the Comptroller of the Currency, one of the tree-shears-wielding agencies, moved to exempt national banks from state regulations that protect consumers against predatory lending.

The Democrats must aggressively make it an issue for the 2008 election. There’s hardly a more graphic demonstration of what’s wrong with their opponents’ economic beliefs.

Paul Krugman

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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Friday, August 22, 2008

Oil never melts in water


IIPM’s 36th Glorious Year of Academic Excellence

Water scarcity may lead to doomsday, globally

Geo-politics with water is a new concern, albeit it takes the second fiddle to oil as a political tool. Fresh water is only 0.4% of the total water bodies on Earth and its availability is decreasing, by 30% to 40% over next 20 years. Middle East, though oil rich, is not water rich. This region has 1% of total water reserves, being shared by 5% of world’s population, it’s home to. The politics over water in Middle East has already started. As always, Israel is the bully in the region, depriving Jordan, Syria & Palestine of their due share of water. In 1994, Israel and Jordan signed a ‘peace treaty’ in which Israel promised to provide 50 million cubic metres of water per year. Israel changed like a chameleon, refusing to honour the treaty in 1999. Back home, there was a conflict of interest between India and Bangladesh over water sharing of Ganga. The construction of Farakka Barrage, became bone of contention between the two. An amicable agreement was reached in late 1990s to share the water more equitably. The misuse, pollution and wastage of water is making it a scarce to humans. The alarm bell is ringing, where mankind should act fast or repent.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
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