IIPM Admission

Showing posts with label Prof. Arindam Chaudhuri. Show all posts
Showing posts with label Prof. Arindam Chaudhuri. 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

Thursday, March 04, 2010

Will Jet escape the turbulence?


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

naresh goyal-owned jet Airways seems to be hitting the headlines for all the wrong reasons for quite some time now. From pocketing consistent losses quarter after quarter to conceding its market leadership to Vijay Mallya’s Kingfisher Airlines, Goyal is certainly having a tough time. Further, Jet Airways has rubbed its employees the wrong way once again by issuing pink slips to its pilots after the sacking fiasco that it was into last October. This proved to be the last straw on the camel’s back, as it led to three days of strike, which grounded the coveted services of the airline and disrupted many travelling plans. Moreover, even after almost a year the cost saving alliance with Kingfisher Airlines, the airline is yet to show any positive result. All this put together is surely hurting the current standing of this private aviator and of course the overall customer perception of the airline. Even the low cost players like IndiGo and SpiceJet are taking fast strides and becoming a threat to Jet’s current market share. So what should be the plan of action for Goyal to save grace in these trying times? Surely, it is high time for Goyal to avoid any further hiccups. “The key is to ensure that capacity remains in line with demand and high emphasis is given on providing consistent and quality services,” advices Hatim Broachwala, Aviation analyst, Khandwala Securities. Thus it is now or never for Jet Airways to hold on to its market standings.

Ratan Lal Bhagat

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.

“We will change your outlook” - The Sunday Indian on B-SCHOOL RANKING SCAMSTERS EXPOSED! A must read...
For Exclusive Footage by Sunday Indian Click Here

Business Standard Exposes the Outlook Magazine Money Editor
Don't trust the Indian Media!

IIPM ISBE Programmes
Follow Arindam Chaudhuri on Twitter
IIPM B School on Twitter
1 lakh copies sold in less than 10 days of Arindam Chaudhuri’s “Discover The Diamond In you”

IIPM - Admission Procedure
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
IIPM B School : King Khan, Bollywood Badshah and Quiz Wiz — that’s Shah Rukh Khan for you


Monday, February 22, 2010

Stringer goes ‘Slim’mer


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


Last few months, the markets had been rife with rumours that Sony would reduce the price of its PlayStation 3 from $399 to $299 and will launch a new trimmer model called PlayStation 3 Slim, which will hit the market on September 1, 2009. Finally, at the opening ceremony of the Gamescom Expo held in Cologne, Germany, Sony Computer Entertainment CEO Kaz Hirai took the wraps off the new console and announced that ‘Slim’ has the same features and functions as the old PS3, but it’s 33% smaller, 36% lighter, and comes with a 120GB hard drive. Losses from TV and video game businesses have already been a headache for its Chairman and CEO, Howard Stringer for the last four years. The PS3 is not doing as well as Sony had hoped while landing into this business. Since the day Sony and Nintendo released their consoles in November 2006, PS3 cumulative sales (23.8 million) have been less than half of the sales of Nintendo Wii (52.6 million). So the launch of PS3 Slim is not a no-brainer. The PS3 slim’s lower price tag and upgrades are an attempt to reclaim the ground lost to Nintendo Wii and Xbox 360. But analysts do not foresee a bright future of PS3 Slim, as it will cost to the company to market the product. Rob Enderle, President and technology analyst, Enderle Group says, “It is an improvement but it would cost them the market, so it has a very high risk”. He further says, “Games systems are all about games and the PS3 has lagged the Wii and the Xbox, PS3 Slim does not fix that”. In the coming months, Microsoft and Nintendo might lower their console prices making the PS3 Slim the most expensive for recession-hit shoppers. Secondly, while the ordinary high-definition Blue-ray DVD players cost little, who would prefer Sony? However, “Only if it is marketed right, it could provide a fourth quarter pop,” says Rob. So, it will be better if Sony jumps into the business of selling in-house games effectively (Sony profits mainly from selling games it develops in-house), otherwise it will sting Stringer again.

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.

“We will change your outlook” - The Sunday Indian on B-SCHOOL RANKING SCAMSTERS EXPOSED! A must read...
For Exclusive Footage by Sunday Indian Click Here

Business Standard Exposes the Outlook Magazine Money Editor
Don't trust the Indian Media!

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

IIPM - Admission Procedure

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
IIPM B School : King Khan, Bollywood Badshah and Quiz Wiz — that’s Shah Rukh Khan for you

Wednesday, February 17, 2010

LEGACY WITH TRUST


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


Yashish Dahiya
CEO, Policybazaar.com

“Almost Every Indian has grown up looking at TATA trucks, TATA salt, and I am sure Indians know more about brand TATA than any other brand. However, besides size and omnipresence what TATA provides us is a vision. A Vision that says, ‘It’s possible’. It’s possible to be a visionary and succeed in an upright manner. It’s possible to carry old world values with new world dynamism. It’s possible to be an Indian company while growing globally. Brand TATA has been so much a part of every Indians life that a piece of all of us is definitely proud to see a truly Indian multinational poised to conquer the globe.”

Vaibhav Vohra
Director, DPD Continental

“One can not look at Modern India and forget the role that brand Tata played in its making. It’s not only a pioneer in many fields, but also plays a vital role in acting as India’s corporate ambassador in the Global market. Today it is one of the oldest brands that is still growing rapidly. It has also been ranked as most reputed than the likes of global giants such as Google, Microsoft, Coca Cola, etc. Brand Tata’s role in India’s economic development is highlighted by the fact that Tata group has become the first corporate entity in India to cross Rs.2 trillion market capitalization. It is indeed impossible to isolate growth of Indian economy without considering contribution of brand Tata to bring India to a platform where it competes with bigger and stronger economies.”

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

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
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’
IIPM Best B School – EVENTS
IIPM conceptualized the grand final of Dare ‘10 — the most prestigious of international B-school student quizzes

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

Wednesday, June 17, 2009

‘H’APPY ‘O’WNERS ‘N’EVER ‘D’RIVE ‘A’NYTHING (ELSE)


The Most Revolutionary Concept In Education PLANMAN CHE CENTRE FOR HIGHER EDUCATION, Supported by IIPM India’s Leading B-School

It is true that technology has been considered a dramatic core competence of Honda over the ages. Somewhere early along the line, they brilliantly converted technology into deliverable customer value and became amongst the top auto sellers of the world. The third world for decades meant only two wheeler sales, given the lack of purchasing power. And with the Hero group ensuring that world class standards were beaten time and again in the motorcycle segment with the Hero Honda JV, Honda’s focus during its 14 years of India existence never really got on to how energetic could the passenger car segment be in India. Their JV with the Bharat Ram Charat Ram convert called Sriram Industrial Enterprises Ltd notwithstanding (Honda-SIEL), cars were sold by Honda in India only for presence and only to have “Success against all odds,” the initial philosophy of the legendary Fujisawa Honda when Honda entered the extremely negative looking United States market with their motorcycles.

And that has how it has been for Honda for most of the past few years, that is, until now. The economic slowdown has suddenly brought out the sales orientation of Honda like nobody’s business. An erstwhile lumbering Honda has seen a transformation that, though not incredible, is enough radical to surprise the Wilde out of Oscar. Take their Honda Civic hybrid shock marketing warfare tactic, for example. While the Honda Civic hybrid had just sold around 60 odd units since its launch in June 2008, a smashing limited time Rs.8 lakh discount offer for a week in November 2008 got them up by a smashing 235 units within a week itself. If that seems great, think about the fact that Honda is the only company in the car industry that changes product design not for ergonomics or for design efficiency, but purely to give customers exciting variety – their new Honda City and Accord designs included. Not surprisingly, on the JD Power India Sales Satisfaction Index Study, Honda ranks a close third! That’s a brilliant vindication of the fact that consumers perhaps are going more by the sales effort during these downturn times than by other factors.

Enough said about growth; experts now say that there is a strong belief among the experts that the Honda growth till now was just a small lull before the storm and worst is still to come for the Indian automotive sector. Well, perhaps they’ve not heard of Fujisawa yet. Instead of getting worried, Honda is in fact banking big on emerging markets like India to get out of the deepening global potholes. As the ex-CEO of Honda Motors Corporation, Takeo Fukui once said, “India has less risk than China. India has political transparency and a neutral sentiment towards Japan.” It seems that the company is taking Fukui’s statement very seriously as India is clearly now one of the priority markets on their charts.

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.
Detail of all IIPM branches
1500-plus IIPM students placed across the country with 44 bagging international offers

IIPM Admission Detail
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION

Tuesday, June 02, 2009

Facebook’s new change in ‘terms of service’ is a real threat to sheer privacy of personal information!


The Most Revolutionary Concept In Education PLANMAN CHE CENTRE FOR HIGHER EDUCATION, Supported by IIPM India’s Leading B-School

Bill Gates had once said: “The Internet will help achieve ‘friction free capitalism’ by putting buyer and seller in direct contact & providing more information to both about each other.” He was wrong, and Facebook (where the company he founded, Microsoft, bought a 1.5% stake at a whopping $240 million) proved him so! ‘More information’; but that special power has only been granted to the ‘seller’ for now...

Today, Facebook is doubling its base of users every month (as per Fortune), and while this may sound great to all at the company, this very swelling base (which is currently estimated to touch about 175 million) might just revolt in the latest development at the networking giant! And what’s the crime? Privacy! Apparently, Facebook intends to capitalise on the wealth of information it has about its users. On February 4, 2009, Facebook changed its ‘Terms of Services’ announcing its self-proclaimed proprietorship on ‘your total account content’, even if you deactivate/delete your currently existent Facebook account. And this is how the new policy reads: “You may remove your User Content from the Site at any time. If you choose to remove your User Content, the license granted above will automatically expire, however you acknowledge that the Company may retain archived copies of your User Content; ” not really great news for Facebook fans arond the world!

Very clearly activists around the world are interpreting that the changes in ‘terms and conditions’ means that the ‘change’ means that “anything you upload on Facebook can be used by Facebook in anyway it deems fit; forever, no matter what you do later...” There’s more – Facebook also reserves the right of user content usage for ‘promotional reasons’. As per Facebook: “By posting User Content to any part of the Site, you automatically grant... to the Company an irrevocable, perpetual, non-exclusive, transferable, fully paid, worldwide license (with the right to sublicense) to use, copy, publicly perform, publicly display, reformat, translate, excerpt and distribute such User Content for any purpose, commercial, advertising, or otherwise, on or in connection with the Site or the promotion thereof, to prepare derivative works of, or incorporate into other works...”

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.
Detail of all IIPM branches
1500-plus IIPM students placed across the country with 44 bagging international offers

IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION

Friday, May 22, 2009

Doordarshan is too staid and boring... Yeah right, so what’s new?


Ratan Lal Bhagat of 4Ps B&M screams out loud why we’re all Rip Van Winkles and why DD now has the top 10 prime time shows!!!


Does the mere mention of Krishi Darshan make you break out in teary-eyed nostalgia? Pardon our trite gluttonous presumptions, but if you’re one of those who still buy multiple rerun DVDs of extinct Doordarshan (DD, if you please) weeklies like Chitrahaar, or Chandrakanta, then this article is obviously not for you. But for all the others this side of Proxima Centauri, who truly believe – like I did before I started writing this article – that DD is as out of fashion a channel as Elton John’s atrocious dressing sense, may I kindly correct you dear gentlemen! As on date, as per TAM data, the top ten programmes watched “during Prime Time are from DD1 across all platforms.” And if that weren’t enough dope to send Cobain (god rest your soul Kurt) to eighth heaven, then eat this – DD1 now gets “the highest share even in the news time band among both Hindi and English news channels!!!” And that figure also holds in the cable and satellite platforms!

There! I said it! If you found the figures shocking and unbelievable, my advice is, take your time, as these figures don’t seem to be going away anywhere and cannot simply be wished away. DD’s fantastic rebirth seems to be more stunning than Bachchan’s in Don, and better in money terms too!

To its credit, DD – started a whopping 50 years ago in 1959 by the government – of course used to have great products ranging from the mass audience pulling Hum Log, Buniyaad, Nukkad, Fauji to the beyond legendary episodes of Ramayan and Mahabharat. These popular programmes, serials and mythological dramas did have millions glued to the channel in the eighties and even in the early nineties. The Indian audience of that era grew on the entertainment and information imparted by . But all these names faded into oblivion over time and DD seemed to be truly a thing of the past. DD, since the opening up of airwaves in 1992, evidently and slowly lost its presence and significance among the medley of sprawling general entertainment channels (GECs) across the nation; its first mover’s advantage clearly rendered useless by the entry of stalwart private channels like Star, Zee, Sony, NDTV etc.


Then what in heavens changed the equation where DD has again rocked the vogue yacht to rule again? “Reach! Reach! Reach! And of course, better viewership metrics and analysis by rating agencies,” argues Namita Chhetri, CEO, ICMR (Indian Council for Market Research). It’s astounding that currently, more than 90% of the Indian population receives DD terrestrially. Not many are aware that DD operates through as many as 30 channels – seven all India channels (DD National, DD News, DD Sports, DD Gyandarshan, DD Bharti, DD Rajya Sabha and DD Urdu), 11 regional languages satellite channels, 11 state networks and an international channel (DD India) available in 146 countries!

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.
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 Admission Detail
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION

Wednesday, April 08, 2009

Will the scandalous Satyam saga blow the death bugle for PW in India, asks sutanu guru


IIPM set to beat economic slowdown

Both Ramesh Gelli and Ramalinga Raju were touted as the ‘pride’ of Telugu (Andhra) entrepreneurship. Both operated out of Hyderabad. Both turned out to be involved in embarrassing scams. These are not the only things they share. Global Trust Bank and Satyam also had the same auditor: Price Waterhouse. Both the companies have collapsed. Will Price Waterhouse survive this crisis? In 2001, the goose of another ‘Big’ audit firm Arthur Andersen was well and truly cooked when the Enron scam broke out. At the moment, all bets are off on whether Price Waterhouse will travel along a similar path of ignominy and collapse.

Quite predictably, the audit firm is keeping quiet and released a bland media statement when contacted by 4Ps B&M that states: “ Price Waterhouse are the statutory auditors of Satyam. The audits were conducted by Price Waterhouse in accordance with applicable auditing standards and were supported by appropriate audit evidence. Given our obligations for client confidentiality, it is not possible for us to comment upon the alleged irregularities.” Do note the ridiculous and insulting use of the words alleged irregularities when the promoter Ramalinga Raju has himself admitted to cooking the books. For seven years, Raju took employees, clients, investors and other stakeholders for a merry ride and Price Waterhouse could not find any irregularity! That really stretches credibility and imagination!

And the chickens could come home to roost very soon. Says Ved Jain, President, Institute of Chartered Accountants of India, “The auditor’s role is sacrosanct. It is impossible that a fraud of such magnitude would have escaped the auditor’s eyes. The magnitude of missing cash on the balance sheet, on the face of it, points towards the fact that auditors did have a role to play.”

The Institute of Chartered Accountants and other bodies will complete the investigations in a few months and the firm could be permanently debarred from practicing in India. That could well spell the death knell on a global scale. Experts are beginning to see a pattern in such ‘irregularities’ of PricewaterhouseCoopers on a global scale. Over the last few years, there have been many embarrassing examples of the firm getting caught (See Box). The $50 billion Madoff scandal is the latest one in which Price Waterhouse is facing legal action, along with Satyam of course. Meanwhile, in India, the new board has appointed KPMG and Deloitte as the new auditors. But shadows are already looming large over the audit firm even as new skeletons keep tumbling out every day. The Chief Financial Officer of Satyam Srinivas Vadlamani has been arrested and has confessed to the cops that the Raju brothers and Price Waterhouse were partners in the scam and he was kept entirely in the dark.

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.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM Admission Detail
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION
Why Study Abroad When IIPM Gives You 3 global Advantages!


Tuesday, March 24, 2009

When Shah Rukh met Nokia...


1500-plus IIPM students placed across the country with 44 bagging international offers

He’s not called King Khan for nothing. SRK has not just managed to change the face of Bollywood, but the year saw him even change the face of brand ambassador-ship, as marketers knew it! It all began when Nokia completed 10 years of its presence in India and roped in SRK as ambassador. Shah Rukh took his role all too seriously and was seen flaunting his latest Nokia gizmo wherever he went – a party, a function or even a star studded premiere. His efforts were rewarded when the Finnish giant was only too happy to step in as sponsor for his Knight Riders team. Here’s to SRK ‘living’ brand Nokia!

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 set to beat economic slowdown
IIPM Admission Detail
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
Why Study Abroad When IIPM Gives You 3 global Advantages!

Tuesday, March 17, 2009

The monster called Piracy!


IIPM Admission Detail

The monster called Piracy remains a problem for the Indian media & entertainment (M&E) industry. As per an Ernst & Young and US-India Business Council (USIBC) report, the total losse of the M&E sector has been approximately $4 billion over the past one year.

Piracy has always been a problem for the M&E industry, but with the current slowdown of the economy the situation has got even worse. At a Confederation of Indian Industry (CII) conference on counterfeiting and piracy, the industry veterans and experts suggested that there should be an industry body to reinforce the IPR protection as a collective effort will work better in curbing piracy.

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 Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
Why Study Abroad When IIPM Gives You 3 global Advantages!

Monday, March 02, 2009

India’s green meter!


IIPM Admission Detail

Despite the fact that many big ticket companies like GE, Apple, Nokia, et al are heavily investing to increase consumer awareness about their green products, as many as 48% of the respondents either could not recall any ‘green’ product or else could think of only a handful of them. Touche! Mr. Savvy Marketer

It’s only words, and words are all I have...

But good news is round the corner. Notwithstanding unawareness, 57% of the people surveyed said that the presence of a green product in that category might have a bearing on what finally goes into their shopping basket. Others stuck to traditional buying behaviour influencers like price, quality, brand name, et al. Here’s hoping that those noble words are put to practice!

How green is my shopping bag?

Well, there you go, one did not really have to wait long to assess actual consumer behaviour to green products. A whopping 68% respondents admitted that they had never actually bought a ‘green’ product, despite claims to the contrary. Sorry environmentalists, so much for eco-friendly consumer behaviour!

All for the love of Green? Naah!

In any case, of the 32% respondents who did claim to buy green products, a majority did not really do it for the love of Mother Nature, but for other reasons. A big reason perhaps would be personal gratification viz. CFL bulbs for lower electricity bills, CNG cars for lower fuel expenses, organic food for personal health, et al. In fact, only 20% of those who have ever bought an eco-friendly product gave its energy efficiency as a reason for purchase. An interesting insight for marketers: Consumers will buy your ‘green’ products, but not for philanthropy alone. Give them an additional USP!

Eco-altruism or the green dollar?

Of all the respondents surveyed, 43% felt that companies, which adopt eco-friendly initiatives did so because of consciousness for the environment. Well, that’s assuming businesses were really philanthropic entities, we guess! Almost another 40% however hit the nail on the head and said that businesses were going green for profit motive, either launching ‘green’ products and services seeing consumer demand; or become energy-efficient to reduce their costs. In reality, eco-makeovers for businesses are not always an act of altruism, instead there’s a heady mix of regulation concern, combined with anticipation of future demand from aware consumers!

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 Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON

IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
Why Study Abroad When IIPM Gives You 3 global Advantages!


Tuesday, July 08, 2008

Painting the town red, in total ‘King’fisher style


When IIPM comes to education, never compromise

Saviour to the sector and service to his guests – that’s Kingfisher for you, says 4Ps B&M’s Steven Philip Warner


Chairman@flykingfisher.com – and that’s not a dummy address (you can try it!). And how many times have you heard of dissatisfied customers sending an e-mail directly to the chairman? That for you is the level of service commitment guaranteed by Kingfisher Airlines… To be more direct, Vijay Mallya, Chairman, Kingfisher Airlines, has taken things ‘personally’ to ensure that his customers get the best of crew-service and is further stressing on increased innovative offerings in the future, as he tells 4Ps B&M, “Kingfisher Airlines has always been at the forefront by constantly innovating. The innovations span three broad areas – product and service offering, marketing-related innovations and finally innovations in terms of delivery and distribution. Even in the future, the focus will be on raising service standards even further!” For him, sky indeed ‘is’ the limit!

“Great food, vibrant ambience, in-flight entertainment (IFE) system with about 31 live, video and radio channels, on-time service with the best record of being on-time, minimum cancellations and yes of course, charming hostesses (its USP), making the ride worth remembering for passengers aboard every Kingfisher flight,” quotes an amiable Supreet Kaur, a flight-attendant who worked at Kingfisher Airlines. She further adds, “It’s a great place to work with and such a healthy atmosphere. Yes, sometimes it gets rough ensuring that the passengers get the best of what we call a world-class service, but that’s almost everywhere… And yes, at Kingfisher they’re guests!”

“Superb!” you might remark; but there are also other reasons why Kingfisher Airlines is regarded as a major force of India Inc., especially during the year gone by. So what is the key strategic reason for it breaking into the most admired listing? Well, on one hand when the entire industry bled a most heartrending $500 million in losses during the previous year – all thanks to the unintelligent price cuts, led by the domestic low-lost carriers (LCCs), Kingfisher is not only taking steps to ensure that Indians don’t undergo a nightmare flight, it has even endeavoured to save the entire sector from the fangs of the ‘loss-trap’ monster. And the corroboration of the same can be found in the fact that after Kingfisher acquired a $137 million worth 26% stake in the low-cost king, Air Deccan, (an airline which previously led the price cut policies from the front), it has raised fares substantially, with other LCCs too following suit. And for all those who thought that Mallya was only a strategic investor, he is much more than that; now a literal general at Air Deccan! If this gets a little hard to imagine, did you miss the historic moment when Air Deccan announced a shed-off of its blue & yellow colours and a shift to the time-honoured ‘red’ hue of Kingfisher Airlines; its punch line too changing to ‘Fly’ Deccan (identical to ‘Fly’ Kingfisher!)?

And what about punctuality? Well, “Mallya receives a message on his cell-phone for every Kingfisher flight that leaves the runway across India. He has his eyes glued to his cell phone; perhaps 24 x 7! If there’s even a slight error on the part of the airline officials which causes delays, they’ve had it!” quotes an insider. “You have to be on your toes all the time. The passenger is always right, and that’s a code Kingfisher attendants have got to live by,” adds Supreet, which pretty much explains why Kingfisher is setting some high standards in the Indian domestic aviation scenario. Today, having chosen a new brand ambassador (call her Deepika Padukone), Kingfisher is doing all it takes to make its flight remembered by its passengers as Binit Somaia, Regional Director, CAPA, asserts, “Kingfisher has adopted an effective branding strategy. Hence within a short time-period, Kingfisher has achieved a very positive reputation.”

However, there are still issues that Kingfisher faces at the moment. The chief being, lack of infrastructure, which hopefully will get sorted out before Kingfisher receives 10 new Airbus aircrafts in 2008. Next is the shortage of trained pilots. But here, Kingfisher appears to be ahead of the pack. As per an insider, “Officials at Kingfisher are lobbying to raise the duration that pilots from overseas can stay in India to upto six years and to reduce the time it takes for an Indian national to convert a foreign license to an Indian one which today takes between a half to upto a full year.” As of today, many Indian airlines are even sending across incumbents to training courses in the US. “Kingfisher has tied-up with flight institutes in Arizona and California which offer a nine-month pilot training course for about $45,000 and the first batch is expected to get ready in February 2008. Those who qualify the medical and written rounds will be hired back by Kingfisher.”

Sure enough, when many criticised Mallya’s taste for fashion, even his competitors are talking about his strategic shrewdness. After all, getting everything right – from the seats, inner-flight designing to the cutlery painted ‘red’, seems to be paying-off. And for those not convinced with Kingfisher being ahead of the pack like Praveen Vetrivel, Aviation Analyst, IBA Group, London, who divulges, “Kingfisher claims that they have the best overall product in the Indian airline industry. But having travelled Kingfisher and other domestic airlines in India, I am not entirely convinced that this is the case.” It’s time to send an e-mail.

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, GURGAON
IIPM - Admission Procedure
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!


Monday, July 07, 2008

A sizzle & a fizzle!


IIPM - Admission Procedure

Amazon is yet to get ‘on’line in India...

Monumental Amazon is yet to get ‘on’line in India...has been the impact of online retailing on the fortunes of quite a few companies. One such destination is Amazon.com. Recently, the company reported a sky-rocketing second quarter net profits of $78 million (from $22 million for theprevious year), which is as high as three-folds, compared to the last quarter in 2006. And this was despite a relatively modest rise in sales of 35% to reach $2.89 billion.

A majority of Amazon’s sales comprise electronic products and other general merchandise items, which grew in revenues by 55% to $970 million and accounted for 34% of overall business. As far as media is concerned, the book sales at Amazon rose by 27% to $1.8 billion, which included over two million pre-orders for the final edition of Harry Potter book, globally.

Retail analyst, Nolatpal Chakravarti, does agree that e-retailing is a growing concept that the industry is now quickly adopting. With respect to electronic goods being a major part of Amazon’s revenues, he comments, “As far as electronic goods are concerned – mostly comprising e-sales – the trend is not going to sustain longer, as other segments would contribute equally in the future.”

The trends of online-retailing are much visible in regions like North America & the UK as sales by Amazon are up by 38% for the former & 31% for the latter. There is, however, one bastion that still eludes retailers like Amazon – fast developing markets like India & China. On this, Chakravarti adds, “Countries like India & China are still struggling hard due to perception of people to physically feel the product & then purchase.” Concerns of credit card frauds only complicate the matters here. Just can’t win them all, eh?
Edit bureau: Disha Gandhi

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.
When IIPM comes to education, never compromise
IIPM, GURGAON
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!


 

GoStats hit counter
GoStats hit counter