Taming the tantalizing tentacles of change

Located on the Eastern Express Highway and nestled amidst the greenery of Vikhroli, Mumbai; Godrej Consumer Products Limited (GCPL), a 110- year-old enterprise has created space for itself amongst millions of Indians with soaps, toiletries, fabric-care, baby-care and hair-care products. And with ‘change’ being heralded as the crest to conquer for every corporation, India Inc. too is learning fast. Surely, this very ubiquitous battle demands a bolstering of their respective human resource wings.

With a legacy that is over a century old, and having withstood numerous changes both in business and personnelrelated matters, Godrej had incorporated change in its vision much before others. Speaking exclusively to B&E, Sumit Mitra, VP (Human Resources) at GCPL, talks on the changes witnessed in the human resources domain of the company, “When I joined the company about 10 years ago, Godrej was an organization that had more of administration and industrial relations (IR) focussed activities happening.


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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

Trade buries the hostilities: a new era for US-Vietnamese ties

The US, on the other hand, wants to learn from its past mistakes and acknowledge that trade alone can help it establish the strategic leverages (it was in 1994 that US had lift ed the trade embargo against Hanoi. The trade between the two was worth US $ 9.7 billion at the end of 2006) and bury the existing anti-Americanism in the region. Bush is also telling the Vietnamese about the importance of multi-party rule and democracy

The magnanimity displayed by the erstwhile foes bears testimony to the fact that over the last three decades, the world has indeed moved a large distance away from the barriers erected by ideology. It is a welcome development that economic imperatives are now guiding the two nations to resolve their long-pending differences amicably.

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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

And kiss ‘n make up with Pakistan?

Pakistan perennially remains the emotionally disadvantaged Siamese sibling of India whose existence is a predicament more for itself than for India. It took more than sixty years for India to reach the trillion dollar mark in GDP. Would India have taken lesser time if Pakistan had been more, ahem, loving? One guesses not. But born on the pretext of a separate nation for Muslims, the fact cannot be wished away that Pakistan has not digested the existence and success of a secular India whose Muslim population is bigger than its own. Over the years, as it witnessed the increasing stability of India against all odds and its rising economic and strategic prominence in the global arena (while Pakistan’s slide continued), the powers within the nation become hell bent on killing India’s social harmony.

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Source: IIPM Editorial, 2006

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

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L3 outbids mighty Raytheon…

L3 Communications Holdings has been granted a $2.04 billion contract by Pentagon. L3 would provide tactical transport aircraft to service the US Army as well as the air force. L3 along with Italian partner Finmeccanica SpA’s subsidiary Alenia North America Inc., Boeing Co. and Global Military Aircraft Systems had outbid Raytheon. Massachusetts based Raytheon had partnered CASA, a subsidiary of European Aeronautic Defence & Space Co. NV, (EADS). L3 would build 78 C-27J Spartan cargo planes, which would replace C-23 Sherpa, C-36, a few C-12s and other established transport aircraft s like Boeing’s CH-47 Chinook.

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Source: IIPM Editorial, 2006

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

Alarm bells

In a survey conducted by ICMR (Indian council for market research), involving about 1,000 parents in the age bracket between 30-40, living in major metropolitan cities, it was found that Indian parents are also waking up to the potential harmful effects of video games on their children. More than 3/4th of the respondents interviewed agreed that their child played video games, with 2 in every 3 parents fearing that s/he might be addicted. About 60% also said that their child regularly buys video game related products, a classic symptom of overdependence.

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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

Google always looks to venture into different services

Mark Blowers, Senior Analyst, IT Infrastructure, Butler Group, says “Google always looks to venture into different services whether e-mail, chat, text messaging based search. So, its venture into voice communication was expected as that would be what consumers would want. Through this purchase, Google is positioning itself as a true player in communication.”

This makes matters worse for soft ware giant Microsoft, which might not be feeling really that big now. Struggling to compete with its relatively young counterpart, which has blatantly marched ahead to steal the show when it comes to online advertising, as well as its unquestioned dominance in the web search category. Noticeably, as per Nielson/Net ratings, Google is leading the Internet search market space with 55% market share followed by Yahoo (22%), MSN (9%) & AOL (5.4%).

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. अरिंदम चौधुरी'स Initiative

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SREI: A ‘loan’ ranger...

One time – city of refugees, city of joy, city of tram-cars with disjointed electric lines, city of ‘addas’... that’s ‘Mahanagar Kolkata’ for you! When can we start associating this heritage city with industrialisation, where star corporations like ITC are few & far between? Well, there is one name that comes to mind from the city of Kolkata, as a leader in the rapidly growing sector of infrastructure financing in India. And interestingly, in a field where one would consider banks to be showing the way, this leader in this sector is an NBFI by the name of SREI Infrastructure Finance Ltd. (formerly known as SREI International Finance Ltd.).

Since 1989 (liquidity crunch period), there’s one name that has carried the baton of infrastructure development in this city. What started with basic equipment financing has now grown to encompass project financing & renewable energy product financing as well. States Hemant Kanoria, Vice Chairman & MD, SREI, “From 1989 till now, we are in the entire value-chain of infrastructure... So, everyone, who is working in this particular field, would have to necessarily deal with us & we have to deal with them.” The company, which stepped in with the vision of being the most inspiring global infra- structure financial institution with passing time, has gone on to leave quite a mark on Kolkata’s infrastructural landscape & stood the test of time. Within a span of 17 years, the assets under management for this company have reached Rs.50.83 billion.

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Source: IIPM Editorial, 2006

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

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Women make better primate watchers than men is discriminatory or true

After nearly a decade along this primate path, I believe that the Vervet (monkeys) and Chacma (baboons) have further aided my understanding of our relationship to the environment, culminating in the theory that we are not one species above but one species amongst all others, and that conservation when focusing simply on serving people and less on biodiversity is unlikely to achieve successful long term initiatives. A feminine perspective of the environment is still less apparent than a male one. Developing poorer countries where socio-economic, or religious and cultural factors have influenced the scarcity of African and Asian women in primate conservation in the past, have been fortunate in having the knowledge of Leakey’s “angels”.

Since democracy in 1994, South Africa has been slowly moving away from a patriarchal society. The battle to eradicate poverty and remove inequity jostles for top position with environmental degradation and the effects of global warming.

Floods and droughts brought about through climate change have found wildlife struggling to adapt to changing ecosystems that are also responsible for rural Africans increasingly moving to towns, highlighting the fragile relationship between humankind and eco-systems. In areas where humans live side by side with wild animals, and resources are competed for, ongoing conflict between humans and wild animals has escalated. The Vervet monkey and Chacma Baboon are merely two species that continue to be shot, poisoned and captured as human habitats encroach further on their territories. These primates are listed on Appendix two of C.I.T.E.S., yet their populations are not officially monitored; reports reveal escalating damage to troop structures as well as dwindling numbers. If this trend continues, our primates face extinction.

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Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Do we ever care at all?

The Indian bureaucracy is well known for designing lopsided development models. There is hardly a semblance of sanity in the thought processes, which plans India’s future. In their zeal to build fl yovers, they conveniently forget that pedestrians too have to be provided for. Highways are inaugurated with great fanfare, paying scant regard to the fact that shops and residences along the highway can be traffic hazards. They spend millions on advertising Goa as the ultimate tourist destination in India, but hardly bother about the cows, which squat right at the entrance of the Airport to greet the incoming tourists. This lack of holistic planning is much evident in the way we have encouraged consumerism without thinking about how we would dispose off the waste created by high consumption levels.

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Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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The government as well as Indian cement companies need to address mining related environment hazards

A recent report by CSE reveals some anomalies, though. The report covered 80% of the sector and stated that the top players are poor environmental managers, who are concerned “more about economics than environment.” Grasim was rated mediocre and ranked ninth and ACC (now a part of Holcim) was awarded the third position. India Cements was way down the table. Interestingly though, Indian cement producers have been found to have significantly lower carbon dioxide levels as compared to their European and American peers. It is also true that cement companies are playing a major role in reduction of fl y ash (from power sector) and blast furnace slag (from iron & steel plants), which are used for making blended cement. So what exactly are critics raising their eyebrows for?

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Source: IIPM Editorial, 2007

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