We have a decentralised system of education in the United States.

Q. What are the key motivating factors that draw people towards teaching? How do you assess a teacher’s performance?

A. The fiscal crisis has led to unprecedented cuts in the number of teachers. Young people can see what is happening and they decide to opt for other professions. The amount of money coming from the states to support the public higher education institutions has also been declining rapidly in recent years. As the budgets have gotten tighter, the states have started to put more money in the schools than in their higher education institutions.

Students have been paying more and receiving less from their professors. The increased revenue for the higher education institutions has not been used to improve instruction. The number of days devoted to instruction has declined and the institutions have been cutting down on the proportion of the faculty. Until about 20 years ago, careers in the high status professions were not open to women in the United States. American women with college degrees could choose between nursing, secretarial work and school teaching. Today, careers have opened up to college-educated woman across the whole spectrum of high status professions. Click here to read read full interview..

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Pax Americana - Does the world need America?

Jamie F Metzl
Executive Vice President of The Asia Society
It has become popular to suggest that when the dust settles from the global financial crisis, it may become clear that the US-led post-war world has come to an end. If so, the global system that has secured peace, security, openness, and economic growth over the past six decades could be in grave danger.

Inspired by American leadership since World War II’s end, Europe, then Japan, then much of Asia and the world rose to new levels of prosperity; the world economy globalised upon the foundation of international institutions, norms, and standards; and foreign students educated in American universities returned home with new ideas about free markets, entrepreneurship, and democracy. The US military’s protective umbrella gave large swaths of the world a vacation from war, making it easier to focus on economic growth and regional integration.

America not only took the lead role in building the institutions of a globalising world – the United Nations, World Bank, IMF, NATO – it also became the model of inspiration for many other countries. After eight years of compromised American leadership, a botched war of choice in Iraq, failure to take the lead in global efforts to address climate change, Abu Ghraib, Guantánamo Bay, running up a $10 trillion debt, and igniting a global financial crisis – America’s once-glittering model has lost a good deal of its lustre and it’s leadership has been questioned by many.....Continue

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The Sunday Indian

You are accessible and easy with the people, but there are questions about your capability as a tough administrator. How do you explain this?

I did not need that kind of stuff. I believe in team work. Everyone – from a political leader to an official – has worked together in dispensing of their responsibilities in complete cooperation. And you can see the results.

Any dream of achieving something that you had not in the first tenure?

Not really. We had tried to work for the welfare of all classes and communities. However, this time around the priorities would be slightly different, like reaching potable water to some towns, which is a challenge. We have plans for agricultural projects like making available interest free loans for farmers. We need to make better use of the youth force in the state, hence the need for technical and technological training for them. Young girls will be trained into nursing, and so forth. And especially, we will extend the rice for Rs three per kg needs under the Chief Minister’s Food Programme.

You had announced a metro rail project in the election manifesto, so will that fructify? Do you need funds for that?

The pressure on communication in the Raipur-Durg-Bilaspur corridor is immense, and a metro rail system could be the best way out. And this can be done. We need a proper plan and strategy for this. Money for the heavy investments can be raised from other resources. In fact, this is not the first time that we have started a large project. We are going to lay the longest power transmission line in the country and you shall soon see that happen.

Naxalism is a major headache, with at least one person being killed every day. Why is that we rarely talk of this issue, unlike the way terrorism is a major talking point?

Naxalism is a challenge for the entire country. So far as Chhattisgarh is concerned, the results of giving the menace a good fight has fetched results. For the last five years, we have consistently raised this issue at the Centre, and the tribal communities here have given us the seal of their support for this. True, some critics have questiond the Salwa Judum movement of arming villagers to fight naxalites, but the people of the tribal belt of Bastar have massively supported us by giving us 12 of the 13 seats there, which will help us further in fighting Naxalism.....Continue

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The Sunday Indian

The canine commandos

Even as the nation was mourning its martyrs in the dastardly Mumbai attacks of 26/11, dogs found themselves, willy-nilly, the subject of hospitality debates – houses to visit and not to visit. And this, when a little over a month back, the Kerala Police Academy had demonstrated a better way to avail the services of canines in terror situations.

On October 19, twelve dogs in coloured attire marched through the amphitheatre of the Police Academy at Thrissur, Kerala, for their Passing Out Parade. The new battalion saluted the guest of honour, Kerala Home Minister Kodiyeri Balakrishnan. Annie, the Labrador, proved her obedience and training by welcoming the minister with a bouquet of flowers. Canines can be made to play a key role in detecting and thwarting the evil designs of criminals, by sniffing and tracking. They warn about and expose planted explosives, IEDs and weapon caches, espy drugs, and also track down victims trapped under debris in natural calamities. With such abilities, they are best utilised by the Police, Railways Protection Force, airports and Defence Forces.

In the early days, there was no systematic training for canines in crime detection. The success of crime detection with the help of canines depended on the breed of the dogs. Later, the dogs and their handlers were trained at the BSF Academy at Tekanpur in Madhya Pradesh, the first dog training school in India. But owing to the high costs involved, apart from the language and climate impediments to training, the Kerala Police Academy at Thrissur took it as a challenge to train dogs to give more teeth to counter crime and terror in the state.....Continue

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The Sunday Indian

"BSP will play no role. we have always been a two-party state"

Are you going to introduce the Gujarat model of elections in Rajasthan as well?
Every state has a different culture and different needs. One model cannot be perfect for the other. But something we are trying here this time is micro-management of polling booths.

How do you propose to do it?
We have appointed in-charges for each polling booth and assigned them duties. I have got the names and telephone numbers of all 1.70 lakh booths in-charges in my computer. I can reach them whenever I want to. We have also formed a shakti kendra after every three booths, which is supposed to coordinate with them. We organised a maha kumbha (grand assembly) of booth managers on November 6, which was a training session for them. All of this has come from our party chief, Rajnath Singh, whose idea it is to take the BJP to the polling booths.

That is also the CPM model...
Nobody has a copyright over an idea. I don’t know whether they are doing it. But, our idea is to sustain our success rate election after election, and have a constant contact with the electorate. We have also graded the polling booths on the basis of the party’s performance in last election – C grade to the booth we polled less, B to the one we polled moderately and A to the booth we polled well at. Our endeavor is to upgrade all these booths.

Why are you doing it? Don’t you trust the Chief Minister’s development plank?
There is no doubt that genuibe development has taken place under Vasundhara Raje during the last five years. You can see and feel it. I have been asking people in public meetings to vote for her only if they feel she has performed better than her predecessor. But booth management will certainly ensure a better result during the elections.....Continue

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The Sunday Indian

While most of the Indian community is led on by a horoscope check before considering a prospective match, there is yet another pre-marital test – HIV

Another eye opening fact which asks for more than just mandating pre-marital tests is about women “who get infected not at the time of marriage but after the marriage”, reveals Tripti about the kind of cases that have increased in the recent past. She continues, “May be the tests have been conducted at the time of the marriage but what about complacency that sets in after conducting them once.”

It would, of course, be unfair to conclude that such instances have started to occur recently; only, private details are being discussed openly now. Mrs Salvi recalls, “When I got to know of my infection, I completely denied it. I went for the tests again and was frustrated for months. Doctors counselled me. I had to come to terms with it and couldn’t do much apart from getting mad at my husband who died soon thereafter. But slowly, I took control of my life and started working with an NGO. However, I was fortunate to find Mr Salvi who was in love with me from days before my first marriage. Despite knowing my positive status he married me. We take all precautions but still I am scared for him.” Mr Salvi agrees to have taken a risk but feels that the bond of their love transcends their bodies and is prepared for whatever happens.

But not all find such love and support. “Many positive people, to avoid rejection after any such mandate, would obtain a fake certificate which is not at all difficult in a country like India”, asserts Tripti who would rather want awareness to be created about the tests and counselling support from the government so that people get themselves tested voluntarily. Mulling over the intention of such acts she continues, “And why wouldn’t they? Would law guarantee post-test confidentiality? Unless the government can guarantee that, the law may do more harm than good.”....Continue

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The Sunday Indian

Even NATO is shying away from attacking pirates

And due to all this, pirate attacks off the Somalian coast in recent years have increased. This year captures have crossed the 100 mark, with 40 ships still under hijack. Even a warning from the Islamic Courts Union of Somalia, which asked them to leave Harardhere, the Somalian town where the ship is currently anchored, failed to get results. Sirius Star belongs to an Arab nation, and piracy is a capital offence under Islam, but even this doesn’t scare them. So when Sheikh Abdulaahi Osman, a commander of the group in Harardhere warned them by saying, “Saudi Arabia is a Muslim country and it is very serious crime to hold Muslim property. Those holding the ship must free it or face armed intervention." The pirates responded by cutting their ransom demand. Abdi Salan Ahmed, who claimed to represent the pirates, said: “There may be some type of ransom reduction but I can’t confirm it now.” In Malaysia, on November 24, an international association of tanker owners' called for a military blockade along the coast of Somalia,, NATO Secretary-General Jaap de Hoop Scheffer said that the alliance is not considering such a move. Remarkably, noted author Gwynne Dyers has lamented that so far, “with the honourable exception of the Indians and the French, nobody has used force against the pirates of the Horn”....Continue

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

Arms and the man

Who is Lt. Col. Srikant Prasad Purohit? In a country where the Military has been as apolitical as it can get, a serving army officer’s involvement in an act of `terror’ is a rare entity. Infact, very rare. But now with Maharashtra's anti-terrorist squad (ATS) linking Purohit to some major bomb blasts - Nanded in 2006, Samjhauta Express and the Hyderabad Mecca Mosque blasts of February and May 2007 and Thane of June 2008 - the critical question being asked is this: is there a rogue element within the military? Are there more Lt. Col. Purohits in the armed forces? If one went by the rarified atmosphere of English TV networks, the answer would have to be yes. The real world, however, could well be different.

Serving officers in the army as well as his former colleagues are mystified at the fast moving chain of events and the plethora of charges that have been levelled against the 36-years old Purohit, a stalwart of the Maratha Light Infantry in Nashik, Maharashtra. A polyglot par excellence, the accused is a master of four languages, including Arabic, which is why he was posted in 2002 with the liaison unit of Military Intelligence (MI) in Jammu and Kashmir so that he could understand terrorists’ intercepts, a vital component of the Indian war on terror in the disturbed Kashmir valley.

Purohit’s swimming coach, Sanjeev Valvalkar, paints a potrait that certainly does not match the one offered by the Maharashtra ATS. Valvalkar, who spent many hours in the pool with Purohit, remembers the army officer as being highly dedicated and cooperative. “He was a nice and soft spoken person who used to help others. He was a fitness freak and was dedicated to sports. It never appeared that he could do anything wrong.” Well neither did it appear to anyone else until investigations of the Malegaon blasts after the arrest of Hindu activist, Pragya Singh, led the trail of the deadly explosions to Purohit and a retired Major, Ramesh Upadhaya, amongst others....Continue

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

And Obama it is!

A stunned America is wildly feting the first African-American President-elect in the country's history. From the streets of Brooklyn, New York where people cried and embraced complete strangers, to early morning festivities in the Kenyan village where Barack Obama's father was born, the sense of excitement and pride that a black family will be moving into the White House is palpable. Kenya declared Thursday a public holiday to celebrate the Obama victory. "We, the Kenyan people, are immensely proud of your Kenyan roots," President Mwai Kibaki said in a message. And BBC's Juliet Njeri reported that Obama's step-grandmother was seen dancing and cheering outside her house immediately after the results came in. In Obama's native Chicago well over 100,000 people flocked to hear his victory speech in Grant Park, while millions more watched on television screens across the globe. The 44th US President was flanked on the stage by his wife Michelle and two daughters. The Democratic Party senator achieved decisive majorities in both Congress and the Senate, and grabbed nearly twice as many Electoral College votes as Republican Senator John McCain.

Obama told the story of 106-year-old Ann Nixon Cooper, who cast her ballot in Georgia and would at that very moment be witnessing the momentous change — comparable in its impact to only those other path-breaking moments in United States history: the coming in of women's suffrage, the civil rights triumphs and the conquest of the moon.

Punctuating each example with his campaign slogan Yes We Can Obama credited his spectacular triumph to the millions who donated their time, money and energy to his campaign. Nearly three million people donated $600 million. For their part Obama supporters used his website to get up thousands of phone-banking events and galvanize affinity groups in local neighbourhoods....Continue

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

Where's the food mr. zardari?

On the footpath outside Sabir Hotel in Karachi, situated on the proximity of Jamia Cloth Market, off MA Jinnah Road, gather hundreds of poor people every day, anxiously waiting for some philanthropist to order free food for them.

A couple of years ago, only drug addicts would throng the hotel, but with inflation now at 24.5 per cent, large numbers of people from the working class and the lower middleclass, including women, are seen outside Sabir Hotel. Similar crowds can be seen in other parts of the city, where people wait for free food because they are unable to afford it with their meagre incomes.

"The exact figures will be available when the Economic Survey is published, but an estimated five per cent of the population has been added to below the poverty line in Pakistan," Dr Kaiser Bengali, an eminent economist told TSI. According to a UNDP report, 65.5 per cent of the 160 million population of Pakistan earns less than two dollars a day and they are defined as living below the poverty line....Continue

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

It’s the last chance for Microsoft to mark a presence on the Internet.

What’s important is that Yahoo! – like its fiercest competitor and market leader, Google – has announced that it will extend the Internet advertising model to the mobile environment. In this case, the combine could derive huge synergies through a combination to provide Yahoo! access on Microsoft Windows Mobile smartphone platform. Microsoft may be able to leverage the strengths of its core Windows and Office businesses, by drawing consumers to its website.

But the main strategy behind the proposed takeover is to somehow walk away with a huge slice of the global online advertisement market. According to experts, online advertisement is likely to grow at a significantly phase; it will double from $40 billion in 2007 to $80 billion in 2010. In this context, Yahoo!, with a huge presence in online banner ads, does provide Microsoft with a compelling proposition. And it is the only way that Microsoft can even ever hope to catch up with Google, which currently enjoys a huge 75% share of the paid search revenues worldwide. As Kevin Johnson, President (Platforms & Services Division), Microsoft, sums it up: “The combined assets (of Microsoft and Yahoo!), and the strong services focus of these two companies will enable us to achieve economics of scale, while reaching R&D critical mass to deliver innovation breakthroughs.” He adds that “the industry will be well served by having more than one strong player, offering more value and real choice to advertisers, publishers and consumers.”

Despite the apparent benefits of the Microsoft-Yahoo! deal, there are some analysts who continue to remain apprehensive and wary. Andrew Frank, Research VP, Gartner, is one of them. “Although the synergies between the two companies are certainly great, the merger also raises the question of how effectively the two firms will be able to continue operating during their integration period. The online advertising business requires significant levels of account service and even the perception of a diversion could wind up delivering business to their competitors,” he explains.

An analyst at Yankee Group agrees, “Media companies and technology companies mix like oil and water. All mergers are difficult, and Microsoft is going to have to make some major changes in corporate culture in order to successfully execute on this acquisition.” The story of AOL and Time Warner proves how culture issues can derail any merger. Studies by consultancy firms have proved that culture and integration-related issues normally turn out to be the most critical in any mega M&A.

If this wasn’t enough trouble, Microsoft will need to tackle both Yahoo! and Google to pave the way for a successful acquisition. Yahoo!’s CEO Jerry Yang is not in a definite mood to tie the knot with Microsoft. Realising that Microsoft is willing to pay a huge amount, Yang will probably try to woo other suitors to start a bidding war, and extract the best price possible. At the same time, market leader Google will leave no stone unturned, and no optic fibre dissected, to nip Microsoft’s M&A in the bud.

In fact, the American media is speculating that Google may play spoil sport to scuttle Microsoft’s attempt to buy Yahoo!. Media reports suggest that Google CEO Eric Schmidt called up Yang, and offered him the option to collaborate with Google, instead of Microsoft. Although Yahoo! had not publicly replied to Google’s proposal, some analysts believe that combining with Google is a better deal. A Google-Yahoo! deal will enable Yahoo! to outsource its advertising functions to Google and focus better on segments like mobile applications, social networking and content.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

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

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“Policies were aimed to provide healthy competition, and level-playing field”

How will the merger of Indian and AI help in terms of route distribution and profitability of the new entity?

The merged airline is working towards providing seamless connectivity of regional operations, short to medium haul trunk operation, and long haul operation – thus offering improved product through wider network coverage. The new airline is the largest in the country with a fleet size of almost 120 aircrafts, comparable to other airlines in Asia and more aircrafts are on order. It is enabling the enentity to have national and international footprints, achieve synergies, and reduce costs. The merger will also provide significance synergy for procurement, sales and distribution, besides affording an opportunity for elaborating common assets.

What about the other logistical issues, best management practices, allocation of cadre and staff, division of labour, trade unions, and hierarchy? The interests of the employees have been taken due care of through the scheme of amalgamation approved by the ministry of corporate affairs. All employees of the erstwhile Indian, and Air India, have become employees of NACIL without any breach or interruption of service and on terms and conditions not less favorable than those applicable to them earlier. A three-tier grievance redressal machinery has been put into place to address employee grievances.

AI has offices on stations that do not have any flights. What are you going to do with these extra stations?

Air India is re-working its route plans, and with acquisition of more aircrafts, it plans to connect many more places where hitherto it was not able to, operate to due to the lack of availability of aircrafts.

Are you thinking in terms of increasing the number of flights, and is there any positive movement towards signing more bilaterals?

Traffic rights of international operations are specified in the bilateral air services agreement with foreign countries, which are reviewed from time to time as part of ongoing process depending upon traffic demand, balance of benefit to our carriers, overall interest of national economy, diplomatic and political consideration. Actual operations including route selection are however left to the commercial judgment of the airlines. Presently, India has air services agreements with more than 100 countries.

How do you balance the government’s commitment to social security which means no retrenchment or golden handshakes, and economic common sense which emphasises on trimming staff and maximising output?

In the aviation sector because of its phenomenal growth there has been no need to cut down on staff. In the airport sector, the AAI is modernising 35 non-metro airports and bring them to world-class level. Besides, a number of unused airports and air strips are being made operational and, hence, the question of decreasing staff strength in this sector does not arise. Even for the merged airlines, Air India, the requirement of staff strength will only go up as new aircrafts, orders for which have already been placed, are being delivered and as the airlines scales up its operations. What about disinvestment?

Air India is expected to bring out its IPO towards the end of this year. The airline will be working out details of this programme along with its consultant for the consideration of the government.

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Source : IIPM Editorial, 2008

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

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His is a more effective doosra

He is one Indian captain-batsman who has to regularly contend with unplayable cutters, bad umpiring, fabulous catches, and insipid stints at the wicket. Although he has managed a few centuries, they are coupled with several pairs. Meet Sharad Pawar, whose stay at the crease as BCCI (Board of Control for Cricket in India) President has been consistently controversial. The reason, says a cricketing legend of India, is that while “he’s good at listening, he actually never considers the interests of team members. Strangely his interests always coincide with BCCI’s.”

From Coach Greg Chappell’s ouster to conflict with former BCCI Chairman Jagmohan Dalmiya, players’ compensation to gag orders on them and the selectors, from the recent ICC ban on Harbhajan Singh (which was revoked) to Captain Anil Kumble’s decision to defy BCCI and refuse to continue with the current Australian tour (which remains a crisis despite BCCI having changed tracks in players’ favour), Pawar has been in the eye of cricketing storms.

But he handled them like an astute politician. Take a look at what happened in Australia last week. ‘Bhajji’ was banned for three tests for an alleged racial comment against Andrew Symonds, and BCCI said that it would continue with the tour for monetary reasons despite a hue and cry in India and by the team members.

But when captain Kumble refused to be cowed down and said that the team wouldn’t continue with the tour, Pawar acted within hours. He nearly ‘managed’ the situation. Using BCCI’s clout – India accounts for majority of cricket-related revenues among all nations – he convinced ICC to get Steve Bucknor (who gave wrong decisions against the Indians in the second test) out as the umpire in the subsequent two tests, and suspend Harbhajan’s ban till the final inquiry. Says Indian cricket team manager Chetan Chauhan, “He’s one of the fewest Presidents that BCCI has had, who knows how to extract the best from his team.”


Similarly, when Rahul Dravid quit as the Indian captain, and BCCI was taking a part of the flak for his decision, Pawar bowled a great ‘doosra’. Immediately, he announced that the non-controversial, clean and humble Kumble would be the new test skipper. In a flash, he nipped all possible and probable contentitious issues in the bud. Says a renowned sports writer, “The decision stopped all debates and discussions. No one could argue with the fact that Kumble deserved it better than any other cricketer.”

Many of his supporters contend that Pawar is possibly the best all-rounder, albeit only as a sports administrator. “I think he has really done wonders for BCCI, and apart from his passion for sports, he has several years of experience in working with cricket administration,” says former cricketer and Parliamentarian Kirti Azad. It may not seem like a hollow boast, as prior to becoming the BCCI President, Pawar was closely associated with Mumbai Cricket Association and he would always be remembered as the man who created the Rs.20 million state-of-the-art cricket complex in Mumbai’s Bandra-Kurla area.

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Source : IIPM Editorial, 2008

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

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The great Indian railway hazard

Security, crowd and service led Indian Railway towards mess
After the inception in 1853, Indian Railways, steadily blossomed into a colossal organisation, to become the second biggest rail network in the world. But yet, one and half centuries later, the great railway network remains overcrowded, vulnerable to security and poor service provider to the enormity of India’s goods and 1.1 billion population!

Indian Railways (IR) is perhaps at present at its zenith of glory and development. It has started running into profit, revenue has also increased by 16% over last year. It carries 16 million passengers daily. Still, it is mostly overcrowded to the point that a traveller has to wait for months to get a reserved ticket. The sheer madness that goes with travelling in a general compartment shows us profoundly the pain that one needs to undertake while travelling in our most esteemed Indian Railways. The reserved sleeper classes of Express trains, barring Rajdhani and other few, are overcrowded, heaving with people trying to claim every bit of available space as their own. Therefore, the compartments soon get squalid and worst of all, is the lavatory, which gets sordid beyond the point of tolerance. IR is the Commercial Utility Employer, with 1.6 million employees, being second only to Chinese Army, as regards, maximum number of employees. In spite of such huge workforce, IR is not really the safest railway in the world, with accident rate over 300 per year.

However, with the onset of economic prosperity, Indian Railways has also seen enough progression. Outlay of Rs.23,475 crores in 2006-07, public-private partnership for development and major technological upgradation are some of the achievements. But beyond the pervasive conceptions of railway authority, IR remains at the target of crossborder and internal terrorist groups while the dream of providing world quality services remains far distant, with increasing underutilisation of existing resources. Inspite of good intentions, there remains hardly any progress on these serious issues. Is Indian Railways an exmaple of the very nature of Indian PSUs?

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
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Empty boast

“Reputation and past track record count for a lot in this. Slum dwellers are not going to vacate the land unless they are convinced about the intentions and credentials of the company. We have a huge advantage here since we have already successfully completed some of these projects,” claims Shah. Is that an empty boast? This correspondent traveled quietly to distant western suburbs to check out a series of new buildings where former residents of Dharavi were staying in 300 square feet flats. Some buildings were already looking grimy while some were others were gleaming, clean and impressive. Most residents here were happy to be out of Dharavi

So will this ace in the hole make Shah the king of the real estate world? “There will be no kings in this industry. The market is so huge that there will be room for dozens of big players to flourish and grow,” he says. Shah is also convinced that the real estate sector will not see the kind of consolidation seen in other sunrise sectors like aviation, telecom and retail. In his opinion, the market is simply too big and too complex for a handful of players to dominate. Even these observations are littered with smart analogies laced liberally with Hindi and Sanskrit proverbs. Another one of his, translated into English, “Citizens and the nation are doomed if the rulers decide to become businessmen. That’s the real danger that India faces this century.”

Who said the 21st century CEO was only about starched shirts, smart suits and English with a twang. Just in case you haven’t guessed till now, Shah proudly wears his trademark safari suits!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Choose a sign-on name

So what do you have to do to get a second life? Well, first you need to choose a sign-on name. Contrary to internet login names, SL requires you have a first and a last name. This is simply because if you have both in your real life why should it be different in your alternate one? You can choose the first one but the latter has to be one from a drop-down list of over 500 predefined last names. It is SL’s way of keeping it all standard. But don’t think of it as a problem. You will be surprised to see the amount of choice you have including Agrawal, Chakrabarti and Jehangir. Next you need to register. Now there are two kinds of registrations. You can either have a free basic account which does not allow a certain special features. We will talk about it in a moment. Or you can have a premium account available at $9.95 per month with the special features, which reduces to $6 a month if the fee is paid annually. I used my credit card and paid for a six month membership. Next, you download the client application from www.secondlife.com and install it on your PC. Remember to check if your box fulfills the minimum software requirements. Else, it’s no fun.

Once you log in, the interface will be familiar if you have played any of today’s computer games. You have a complete view of your surroundings which can pan 360 degrees by rotating your character. This can be achieved by using your keyboard. The surroundings are the world itself. It’s like stepping outside your house into your backyard. There are loads of options available on your heads up display to move around and do stuff. It takes a considerable amount of time to explore these options and learn your way around. But the first task is to create an avatar. Registered users of SL are called residents and each resident has an avatar. An avatar is the online persona that you want to be, it is how you will look in SL. SL gives you the freedom to portray yourself as you want, be it a human, an animal, a robot or even a mythical creature. You can be male or female, black or white, tall or short. SL gives you the power to tweak the characteristics of your avatar full scope, from the ends of your hair to the tips of your toes. The default avatar is a human available in either sex and dressed in a white t-shirt and a pair of jeans.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Keep it simple & be happy!

Before you loosen your purse strings, here are a few things you need to check on while investing for the long term

The growth in mutual funds AUM in the last five years is a testimony to its growing popularity as a long term savings and investment option among investors. Sustained inflows into MF schemes investing in equities, fixed income or even gold suggest increased investor sophistication and also broad-based investor interest. And why not, as investment through mutual funds are fairly simple and offer the most convenient and effective mode, especially for the small retail investors to channelise their savings in building long term wealth. But consider the following steps while investing your savings in mutual funds:

Achieve your long term asset allocation through mutual funds: A long term asset allocation plan for most investors would involve investing in asset classes like equities, fixed income, gold and real estate. With the advent of the Gold ETF and Real Estate Mutual funds, mutual funds can satisfy the basis asset allocation needs of most investors. Mutual funds offer investors the advantage of pooling of resources, professional research and investment capabilities, tax efficiency and easy liquidity and are most suitable for the retail investor.

Keep your MF investments simple and regular: Do not get carried away by fancy scheme names and big bang NFO’s; focus on your overall requirement and decide on your investments. Mutual fund websites like Personalfn and Value Research provide great information and should help you choose simple schemes that satisfy your investing requirements. Else get hold of a trusted financial planner to help you plan your investments. Moreover, most schemes offer investment options like the Systematic Investment Plan (SIP) which allows the investor to invest periodically in a systematic and disciplined manner.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Tussle over Virgin air-waves!

BCCL betting high on the UK radio sweepstakes. Will the buy-out payoff?

Losing my Virginity, the autobiography of the most flamboyant business tycoon, Richard Branson created waves across the globe. But now he’s trying to regain his virginity (ahem! We mean the Virgin Radio brand in UK). The buyout of Virgin Radio by Indian media powerhouse Bennett, Coleman & Co. Ltd. (BCCL) has taken the Indian media by storm. However, Branson’s intervention to keep BCCL away from using the Virgin brand may be a damp squid for BCCL’s overseas plans. Will Branson’s bravado prove fatal for BCCL? Or is it just a hiccup that will soon pass by?

BCCL’s invasion into UK’s radio space with this recent buyout of Virgin Radio for a whopping $106 million [from Scottish Media Group (SMG)], has stirred the hornet’s nest in the media space. Branson has tied up with HT Media in India for a radio channel Fever104, which is a competitor of BCCL’s radio station, Radio Mirchi, in the country. This has put the boisterous Branson into a catch-22 situation, as it will associate the Virgin Radio brand with two arch rivals in India. So in true Branson-style, he has worked out a full-proof solution (if we may say) and has influenced SMG to sell only the company and not the ‘Virgin’ brand to BCCL. As a bonus, this has also given fruit to Branson’s long coveted plan to buy back Virgin Radio (UK). He now plans to again start a new radio company in UK under the Virgin Radio brand. “We’ll now go on to grow the Virgin Radio brand over the airwaves and on the Internet… not only in the UK where we are considering options to re-launch Virgin Radio on FM, but across the globe in the near future,” says Branson.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs