The King of Clean Times

Ever wondered how much of a regulation it is for a mother to run with a bottle of Dettol around her beloved child, who has come back home after a game of cricket – his hands scratched and bleeding. Though she is chiding him for his misadventures, at least she can be assured that her child will be well taken care of. That’s the kind of assurance and credibility associated with Dettol; and many other brands from the stable of Reckitt Benckiser (India) that have become an integral part of our daily lives.

At a time when FMCG players like Hindustan Lever Limited (HLL) and Procter & Gamble (P&G) were dominating the consumer-care segment, Reckitt Benckiser (with household names like Harpic, Cherry Blossom, Lysol, Colin, Veet, Clearsil, Strepsils, Vanish, Easy Off Bang, Mortein and many more in its kitty) has managed to create a niche for itself in this already crowded segment. For more than half a decade, Reckitt Benckiser has been ably led by its mild mannered & stoic Managing Director, Chander Mohan Sethi, who has displayed relentless resolve to take challenges head on – akin to the challenges of dirt and lesion that the company’s products fight everyday.

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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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One, two, buckle...

It was early 1930s and the army of Japan was marauding through China. The vacillating and fragmented government of China appealed to the League of Nations for relief. In answer, Japan captured virtually the entire Chinese territory and ruthlessly subjugated a once proud civilization till its military defeat in 1945. The fantastic thing is, even while under the Imperial boot of Japan, there were Chinese visionaries thinking about the ‘manifest destiny’ of the Middle Kingdom, once the Second World War got over. Led by many of these faceless visionaries, the entire Chinese psyche developed a strategic doctrine: Never again will China allow other powerful nations to humiliate it. Within five years of the War getting over, and just about a year after Mao took over, China annexed Tibet. In the subsequent six decades, it has single- mindedly pursued its national interests to emerge as a strategic rival to the mighty United States. As Mao was taking over China in 1948, India’s first Prime Minister Jawaharlal Nehru referred the Pakistani invasion of Jammu and Kashmir to the United Nations. India is still paying a price for that fantastic act of strategic naiveté. After annexing Tibet, the Chinese ran rings around Indian diplomacy, eventually leading to the 1962 military humiliation that still continues to haunt the Indian psyche.

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Source: IIPM Editorial, 2008

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

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank The Sunday Indian

I feel like we have control over our own destiny for the first time in the last few years!”

Agreed that Jeff took over a troubled titan but compared to Welch-era summit (when GE shares traded at $60), today having fallen by more than 33%, at just $40.7 (as on July 25, 2007), they represent a sad song for the investors as Jeff confesses, “It’s disappointing to all of us – ‘frustrated is the word I’d use. But I feel like we have control over our own destiny for the first time in the last few years!”

But as Welch displayed confidence in his competence as, “My anticipation when I recommended Jeff for the job was that it would be 20 years & I see nothing that would be able to change it…,” the truth remains – while on one hand, Jeff has handled well the total $75 billion worth of acquisitions making GE a superpower; on the other, he has also managed write-off s worth $4 billion & a sell off of GE’s Plastic business for $11.6 billion in May 2007. Jeff ’s move to walk away from his dream of bolstering GE’s healthcare division through the purchase of Abbott Labs’ diagnostics unit for a highly overvalued $8 billion on July 12, 2007 also goes to prove that despite the slumbering stock (which has remained stagnant since he took over six years back), he still knows the first people to please – his shareholders. And for his critics, Welch nearly fired him while at GE Plastics for delivering just 7% growth instead of the planned 15% growth, but he didn’t… surely for reasons mighty!

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Source: IIPM Editorial, 2008

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

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Penguin guy takes on the World... by words alone!

Until recently, John P. Kotter was known in business circles as a well-respected author of management books and a longtime professor at Harvard Business School. Now he is known as “the penguin guy.” Last year, Kotter rewrote his 1996 book about organizational change, “Leading Change,” for a new generation of business readers. But this time, he recast it as a fable about a talking penguin named Fred who mobilizes the entire penguin colony against the threat of its melting iceberg.

With bright colorful illustrations and large text, “Our Iceberg Is Melting: Changing and Succeeding Under Any Conditions” looks at first glance more like a children’s book than something a chief executive might read. But the book is attracting readers and creating a penguin movement in boardrooms around the world, Kotter said. Since its release last September, “Iceberg” has sold some 224,000 copies in hardcover (“Leading Change” has sold more than a million copies in 10 years), and been translated into 10 languages, with 10 more foreign editions in the works. Corporations have created exercises based on the lessons in “Iceberg.”

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Source: IIPM Editorial, 2008

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

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World over children are bought & sold in market…

UNICEF reported; there are 1.2 million children trafficked each year worldwide. Coalition against Trafficking in Women – Asia Pacific (CATW-AP) states over 200,000 children & women have been trafficked during last ten years in Bangladesh & 200-400 children are trafficked monthly. UN estimates that nearly 200,000 children are trafficked yearly in Cameroon, Nigeria, Ivory Coast, Mali, Ghana etc. Reports also state that Burma, Cambodia & Laos exported more than 200,000 women & children. There is also a startling increase in women & child trafficking in Asian countries. India imports about 5,000-7,000 Nepali girls annually. Japan, home to Asia’s largest sex industry, trafficked 150,000 non-Japanese from Thailand & Philippines.

Do we essentially want to create a society for our progeny where every mother, sister, friend & spouse has been through this nightmare? And can one imagine the horrifying impact that it would have on a society that took thousands of years of painstaking effort to build? This decision would someday have to be taken. Or else....

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Source: IIPM Editorial, 2008

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

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Elixir of life

So while standing tall provides the Indian pharmaceutical industry with the required visibility, it’s the vibrancy that boosts its growth, a fact that has been instrumental in its huge success across the globe. Now with a more than two years of existence under the product patent regime (introduced in January 2005), a lot of things seem to have changed. A shift in focus for growth in the marketplace (away from mature markets to emerging ones and from primary care classes to biotech and specialist-driven therapies) has been the order of the day globally, with India being no exception. One of the most evident examples of this is the shift from US market towards Europe. Indian pharma majors, who made their fortunes in the US during the last vestiges of the previous century, now for the last couple of years, seem busy focusing on other markets, particularly Europe.

For the first time in its history, Ranbaxy reported a 78% year-on-year jump in European sales at $93 million for the quarter ended March 2007, while its revenues from the US grew by a miniscule 3% to $86 million. It was not the only Indian pharma major. 50% of Wockhardt’s revenue was from Europe and even Dr Reddy’s Labs (whose maximum revenues were still from US), witnessed a significant rise in sales from Europe. Its revenues from European generics (including betapharm) stood at $223 million, as against $56 million in FY ’06.

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Source: IIPM Editorial, 2006

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

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

The rich West Bank & barren Gaza

The US never tires of talking about democracy and the methodology to be adopted to inculcate the tenets of freedom in the Muslim mind. When it comes to action, all the US does is to either bomb the country out of shape (as in Iraq) or encourage an undemocratic divide in the nation, leading to the overthrow of legitimately elected government (as in Palestine). The US and its biggest stooge Israel have managed to push the popular Hamas faction to Gaza and installed another Western poodle, Mahmoud Abbas in West Bank, as the so-called “moderate” leader of the Palestinian Authority. America, Israel and the EU are showering billions of dollars on Abbas to help him marginalize the Palestinian struggle and embarrass the other leaders. What are the credentials of Abbas, which make him the blue-eyed boy of the West? "Abbas came into limelight with his 600 page book on the Oslo peace accord. Interestingly, he wrote his book without once mentioning the word 'occupation', referred to Israeli 'redeployment' rather than 'withdrawal', "shared a London-based noted columnist Robert Fisk, while talking to B&E. "Yes, Abbas is a nice boy, their kind of guy, because he wears a tie and goes to the White House and says all the right things,” adds Fisk.

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Source: IIPM Editorial, 2006

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

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

A politician’s gift

The British perhaps had seen it a long time back and were prudent enough to exit in time. It is rather intriguing that even sixty years after their exit, the problem of sectarian violence, sometimes as communal clashes or caste violence and oft en on ethnic and class grounds, torments India. As if the external threats from our noble neighbours was not enough, these oft en avoidable internal conflicts have the potential to nullify all that independent India has achieved in six decades.

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Source: IIPM Editorial, 2006

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

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Pharma revenues set to double by 2020!

As predicted by PricewaterhouseCoopers (PwC), by 2020 global pharmaceutical market would witness a sales doubling to the tune of $1.3 trillion. Reasons like ever increasing population, obesity and preventive treatments will attribute to this doubling of sales. Interestingly Brazil, China, India, Indonesia, Mexico, Russia and Turkey would hold one-fifth of these revenues. As per the report however ‘the current pharmaceutical industry business model is both economically unsustainable and operationally incapable of acting quickly enough to produce the types of innovative treatments demanded by global markets’. PwC proposed that to tap the potential markets, the industry should definitely undergo certain elementary changes in the manner it operates.

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Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Golden swimsuit – 3,312,800 INR

Gone are the days when gold was seen only in chains and bracelets. Today, designers are ensuring that this yellow metal is being utilised in the fanciest fashion possible. After the opulence displayed by the advent of brassieres made of gold earlier this year, stylists are at it yet again and have come out with some exaggeratedly extravagant swimwear – woven by hand using a thread weighing about 500 grams that is being wound for 32 days with six wires of gold, which are ninety micron thin. Those who adorn this little ‘golden’ number and sashay the ramp, would undoubtedly be giving an inferiority complex to the onlookers. Gold would never be old or go out of style for the fashionably felicitous.

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Source: IIPM Editorial, 2006

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

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

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