Showing posts with label top 10 business schools. Show all posts
Showing posts with label top 10 business schools. Show all posts

Wednesday, February 06, 2008

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.Sutanu Guru, Executive Editor, Business & Economy 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.

For Complete IIPM Article, Click here

Source:
IIPM Editorial, 2008

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





Thursday, January 10, 2008

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....
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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

Saturday, December 29, 2007

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.

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

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

Tuesday, October 23, 2007

PE firms getting bolder, meaner

The primary downside is that debt-ridden buyouts ultimately prove fatal for companies, loading them with enormous debts that finally suck out their capital. Sample this: HCA, a big hospital operator in America, slipped three notches to B+ in Standard & Poor’s corporate credit ratings, also due to interest of $1.5 billion a year as bonus.

It makes sense to analyse the returns of listed PE firms at this juncture. The total return of S&P Listed PE Index as on July 5, 2007, was 221.4 points, a 30% appreciation y-o-y. But interestingly, there is a lingering scepticism in the market now regarding these stocks. Take KKR for instance. It got listed at $24.58 (in May 2007) & its share price as on July 6, 2007 has fallen to $22.2.
Then there’s the phenomenon of rising interest rates (currently at 5.25% in the US after 17 consecutive hikes), which will make raising valuations of target companies difficult. And as the risk appetite of these firms grows, they are liable to get even more ruthless in stripping assets & yet ending up as value destroyers. And like we said, where the wave ends, the bloodbath begins...
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Source: IIPM Editorial, 2006

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

Monday, October 08, 2007

Get Green or Mean!

Energetic, fresh and relaxed by definition happen to be abstract nouns, which means that they cannot be seen or touched. But 18 miles south of New Delhi is a place called Udyog Vihar in India’s mall capital Gurgaon, where one can actually see and touch these things; wondering where exactly? Well, you can see it on the face of 1,300-odd employees of Wipro Technology Development Centre at Gurgaon. Built on the Green Building concept, the Gurgaon campus Wipro’s Green Buildingof Wipro epitomises eco-friendliness and unmatched hospitable condition for its inmates. But first things first, what exactly is the Green Building concept and in what sense it adds to the environment positively.

According to the US Department of Energy – buildings are a major source of pollutants that causes urban air quality problems and contribute to climate change. That’s where the green building concept comes into picture. “A green building strives to balance environmental responsibility, community sensitivity, resource efficiency and occupant wellbeing and comfort,” says Vidur Bharadwaj, Managing Partner, Design & Development, who holds the distinction for designing Wipro’s campus. After a series of business plans and presentation by leading architects, came the decider from Design & Development for Wipro – a Green Building that has got the highest platinum rating (52 points) in Asia and second highest in the world by the US Green Building Council.
For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Tuesday, September 11, 2007

a ‘soft state’

Indian foreign policy seems to suffer from a crisis of confidence. Suddenly, there are genuine Sutanu Guru-  Executive Editor, Business & Economyapprehensions that India’s long-term strategic interests could be bargained away at the altar of timidity and a naive compulsion to ‘appear nice and reasonable’. So does India do a somersault and ape what Israel does with friends, rivals and enemies? Will it keep losing diplomatic games without such bellicose behaviour?

Not at all! It just needs to do what the Chinese have mastered. And that is preying upon the insecurities of potential rivals. If the US starts making a noise about human rights violations, aircraft orders to Boeing are scrapped and European Airbus ends up with a bonanza. So if China is bent upon diplomatically humiliating India, the latter has the option of giving a red carpet welcome to a delegation that comes to India from Taiwan. Let the dragon protest; India can always say it is a business-like visit.
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Source: IIPM Editorial, 2007

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

Wednesday, September 05, 2007

Whose waste is it?

Did you like your new DVD? What about the old ones that had got scratched? What about the old computer mouse that stopped working, and look at that 17 inch monitor you got… and then threw away the earlier one which you didn’t need? If this junk hardware went into the garbage bin or was given away to the local scrap dealer, then dear reader, you have made your contribution in destroying the world.

Yes, this is electronic waste a.k.a eWaste. Most electronic items are irresponsibly thrown away by consumers and companies. These items, when not recycled or disposed off properly become toxic, due to the metals present in them, and ultimately cause irreparable harm to the planet and all life on it.
For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative