Showing posts with label IIPM INTERNATIONAL. Show all posts
Showing posts with label IIPM INTERNATIONAL. Show all posts

Monday, October 08, 2012

ISRAEL-RUSSIA WAR OF WORDS: SPAWNS GENERATIONS... LITERALLY

And on why mothers and grandmothers of this great nation play a critical role in the Israeli-Russia spar

Is it religious proximity? That doesn’t seem to be the case as Georgia is a certified orthodox Christian state compared to the predominantly Jewish Israel. While one can easily trace deep relations between Israel and Georgia – be their arms trade or the presence of Georgian Jews in Israel – what slips under the carpet magnanimously is the fact that important political leaders of Israel and Georgia are actually blood relatives. For information, the chairman of the Georgian parliament’s Foreign Relations Committee Lasha Zhvania has an Israeli Jewish mother. God rest her soul, the grandmother of scam-fam Israeli Ariel Sharon is buried in Georgia. The ubiquitously sweet Georgian defence minister Davit Kezerashvili, holds the citizenship of, god rest our souls, Israel!!!

Strangely, despite its Pravda-driven spiel [Pravda skims close to being certified a lunatic bandwagon, with the past month’s chief story, for example, being Condoleezza Rice’s Sexual Worries], the Russian political powerhouse actually is still a big supporter of Israel. It’s not just about the recent acceptance of a visa free regime between Israel and Russia, even Russia’s nuclear fuel supply to Iran’s Bushehr nuclear plant – despite US rhetoric – is in fact an extremely clever move to dissuade Teheran from enriching its own fuel.

But as they say, there’s only this much that Putin can take, and there’s only that much that Israel can flirt with. Till the time Israel looks beyond US influence – and dare we say, even their mothers and grandmothers – and realises that Russia is actually on their side, this great nation might actually end up in creating their biggest foe in history! For hell hath no fury as Putin scorned, and it doesn’t require Einstein to know that!


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
 
IIPM : The B-School with a Human Face
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Saturday, September 01, 2012

The company saw sales & profits surge phenomenally

It was a stellar year for M&M, as the company saw sales & profits surge phenomenally. But M&M is now equally concerned about where its numbers come from, as it diversifies into new segments & geographies via M&As and alliances. by Pawan Chabra

Cash-strapped c auto major SsangYong Motors has provided the company a lucrative opportunity to enter the global SUV market. Besides acquisitions, the deal with Renault for Logan and the JV with Navistar for its commercial vehicle ventures are noteworthy. For the record, while the partnership with Renault wasn’t that fruitful as initially predicted by M&M, the company now has a 100% sake in the JV and is now planning to relaunch the model in the small-car segment.

Anand Mahindra recently said at the 50th annual convention of the Society of Indian Automobile Manufacturers, “The comics and novels that I used to read in the 1960-70s surely showed the use of mobile phones as a technology & laptops as devices, but the girls in the pictures were still blondes and men were still the same old gentlemen. The imagination of the author never had guys with pierced ears or girls with tattoos.”

Indeed, it’s a mantra he lives by now – that one has to be visionary enough to look at future possibilities and enterprising enough to place a bet on them. The investments being made and their possible impact on profitability do raise the question of whether M&M will be able to raise its position even further on the B&E Power 100 next year. But from the perspective of Mahindra’s vision to be a larger player on the global platform and to have a strong play in green vehicles, the course correction is unavoidable.


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Friday, August 31, 2012

IT IS NOW FOOLISH TO COMPARE INDIA TO CHINA. RATHER, IT WOULD BE MORE SENSIBLE TO LEARN A LESSON OR TWO FROM THE CHINESE!

 Recently, in terms of Gross Domestic Product (GDP), China toppled Japan to secure the second position globally, after US. In fact, China was very close to achieving this feat the last year itself, but fell short at the last moment. As per reports, if China keeps growing at its current pace, then by 2025, it should topple the US to become the largest economy of the world. Who could have imagined that an economy, which was languishing till about three decades back, has put itself in such formidable position? What is even more amazing is the fact that at a point in time when the world economy is still recovering from the global recession, China kept on growing. The growth has been such that in 2005, it first overtook Britain and France; then in 2007, it surpassed Germany to secure the position of the third largest economy of the world. It is not that the growth did not bring in iniquitous distribution of wealth; but then, at the same time, China has managed to pull out a staggering 600 million people out of poverty – a record which no other country has achieved so far.

Going by media reports, it doesn’t seem that many experts are appreciative of the Chinese growth. In fact even now, most in the developed world still cannot fathom the fact that China can be a serious contender in the new economic order. Much of this is owing to the fact that irrespective of its number 2 position, China still remains a developing country, as its current per capita is still 10 times lesser of that of Japan. But then, what most miss out on is the fact that China is in no hurry to prove itself. China has moved step by step in terms of consolidating its position. They have never bothered about the criticisms that they faced on humanitarian issues, or the kind of global cynicism that they faced by keeping their currency purposefully undervalued. Their objective has been very clear – which gets reflected in the manner in which they have planned every step. From the very beginning, China has been extremely scientific and systematic in its approach. And more than that, the growth has come out of great sacrifice collectively made by the Chinese citizens. China has systematically moved people into manufacturing and today China manufactures almost half of the global produce. Thus today, a Walmart retains the topmost position in the Fortune list by selling goods that are being made in China. And all this has not come in a day. It has been an outcome of years of planning. China today boasts of an investment which is a mind numbing 40% of GDP! Even at its peak, the US managed around 18%. Even countries like ours are managing 18%. Additionally, the Chinese investment mobilization has been far more prudent than any other country’s efforts. They have systematically invested in infrastructure, which not only created jobs, but also helped in creating a world class environment for trade. But then, their biggest credit has been in terms of the investments that they made in education. As per reports in 1998, around 3 million students were undertaking Chinese higher education; this increased to around 8 million in a matter of just 4 years. And investments have just not been in higher education – starting from English training, to vocational training to the investments that they made in science and technology. Such has been the outcome that their investments in education alone add up to almost 6% to their growth; and this would be sustained over a period of time. Today, China produces patents, the number of which is only second to the US! Not just this, they received severe criticism from all quarters when they pro-actively went ahead with their engagement with Iran. They did so not just with Iran to but with Sudan as well, for they knew that energy security is key to their dominance in global trade.

In order to have a better understanding of what the Chinese have achieved in the last two decades, one needs to compare it with India. The Indian economy, which used to be almost 80% of that of Chinese economy as recent as two decades back, now remains a menial 25%! While the Chinese feel underachieved at a staggering $4 trillion plus economy, we celebrated our $1 trillion mark! While sometime back there, China created history by hosting the greatest sporting spectacle, Olympics, we all know what we are doing to the Commonwealth games! Increasingly, any comparison between India and China is getting banal! It is not that we do not have our own advantages, but the Chinese have gone far ahead and are increasingly going farther. If reports are to be believed, we too would reach the number 2 position economically by 2040; but that too, if we keep growing between 8 to 9% year on year, which in itself is a huge challenge.


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Wednesday, August 29, 2012

Water is my right!

The UN declares water a basic human right. You mean it wasn’t one till now?!

In a far-flung village in Africa, women wake-up every morning and walk for more than a kilometre to fetch the basic necessity of life – water. On some days they even get lucky and find clean water. Such is life for not only the people in Africa but about three billion people in the world, who have no access to running water within a kilometre of their homes. Alarmed by the scarcity of safe and clean water, which is responsible for claiming upto two million lives every year, the General Assembly of United Nations held a summit on the human right to water for the first time and declared that access to clean water is now a human right.

In the recent past, various attempts have been made to spread awareness of saving water and electricity, but with growing population and expansion of industries, it is estimated that by 2030 the gap between supply and demand of water will increase to more than 40% (according to a World Bank report). Let us take into consideration the Indian scenario. More than half of the population resides in rural areas, where let alone running water, even access to clean water is a luxury, and people dying of water-borne diseases is a common occurrence. The fluoride and arsenic content in groundwater endangers the life of more than 70 million people and 10 million people respectively. The so-called sacred water of the Ganges has now been contaminated to an extent that contact with it may lead to skin eczema, digestive and respiratory disorders. “In the last few years, I have seen that cases of water-borne diseases have risen to a great extent. And more people in the rural areas are being affected because they don’t have access to clean drinking water. We doctors are also helpless because we cannot provide them with this basic amenity,” laments Dr. Singhal, a medical practitioner in Delhi.


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Saturday, August 11, 2012

You know you’re going wrong when fashion trends transform your wardrobe from being cool to terribly cruel...

Larger animals have clamps or a rod applied to their mouths while rods are inserted into their anuses, and they are painfully electrocuted. Gassing, decompression chambers, and neck-snapping are other common fur-farm slaughter methods. A video shows raccoon dogs in China – where most of the world’s fur comes from – being hit in the face with metal pipes, picked up and slammed hard on the ground, skinned alive and thrown in a bloody pile, still alive. One dog in the video lifts her skinned head and blinks her eyelashes at the camera as if to say, ‘why?’

In India, the leather industry plays an important role in the economy, and while leather leggings thankfully haven’t yet made their way to this side of the globe, wallets, belts, shoes etc, are made out of leather. While most Indians are proud of this industry’s growth, its methods of operating are shameful. “Cows, sheep and other animals are crammed into trucks in such high numbers on their way to slaughter that their bones snap, they get trampled, suffocate or die en route. At the slaughterhouse, all of these animals have their throats slit in full view of their companions,” reveals Poorva. While style icons like Madonna will continue to wear fur, other more responsible and compassionate celebrities like Michelle Obama and Charlize Theron are a better example for those eager to stay in step with fashion. And if you must have the fur, opt for faux fur, and so ensure that at least you have no blood on your hands.


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Thursday, November 13, 2008

At Microsoft, it’s not about filling numbers but hiring right talent, finds surbhi chawla

Q: Are there other specific programmes to develop and nurture innovation and leadership within the organisation?
JG: Microsoft focuses a lot on leadership. We’ve individual one-on-one leadership programmes where one learns different leadership skills. On reaching a certain level, the emphasis on leadership increases as there is a very set criteria on what competencies you get measured on and there is a very programmatic way of how you develop as a leader.

Q: Any USP in terms of the HR practices followed at Microsoft.
I personally feel that HR as a function should enable and drive the change for the entire organisation. I don’t think HR should do what they are told to do. On the contrary they should do what they feel is right for the company. HR should be in the driver’s seat vis-à-vis being in the follower’s seat. Microsoft India and the economy that we work in is undergoing significant change, so I think we are always looking ahead of time and figuring out what would be different 2-3 years from now and how we can stay ahead of the game and that is our gameplan. ..read more

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Thursday, November 06, 2008

Beyond everyone’s forecast, European economies are now the biggest sufferers of the US subprime crisis

What began as a problem in a single sector, in a single economy (US housing market) has today metastasized into severe dislocations in broader credit and funding market. The crisis has moved beyond the US and subprime market to prime real estates markets, consumer credits and corporate credit markets. Global Financial Stability MapAmid such a milieu the spill over of the man made crisis in the global financial market is being governed by the trio comprising – weakening balance sheet, continuing de-leveraging process and the burgeoning challenges of the macroeconomic environment. Says Tine Olsen, Economist, Moody’s Economy, “A year after the subprime shock, the global economy is still suffering, and the end of the credit crisis is nowhere in sight.”
In fact a year after the genesis of the subprime shock, similar features are beginning to emerge in Europe. Be it losses in terms of subprime, ABS (asset backed securities), ABS CDOs (credit default obligation) or Conduits/SIV (special investment vehicle), Europe is only next to US. Signs of a downturn are becoming all the more evident in European housing market. Market prices of property derivatives today are suggestive of an outright home price decline in the UK with a time lag of around two years (wrt US). At a time when the lenders are tightening standards, many borrowers of fixed rates in UK are set to witness a rate increase of 100 to 200 basis points (bps). This will in all certainty add to yet another source of stress in the already stressed market. It is but obvious that with an increased stress (result of the spill over) write offs and repossessions are set to increase....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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