Is this what was the nature of the beast?

Reliance Infrastructure's grand plans to expand massively seem to have forgotten a simple factor... Funding! Is this what was the nature of the beast? B&E's Ratan Lal Bhagat deeply questions the method in the madness

Starbucks took inspiration from Starbuck, the Chief Mate of the Pequod ship in Herman Melville''s popular novel Moby Dick. But Anil Ambani seems to have taken his inspiration from the chief character – Moby Dick, the famous white whale in the novel, which single-handedly destroyed the ambitions of an entire ship and crew that dared to attack it with their so-called sophisticated weapons! Inspiration not for the name, but for the group''s approach to business. ADAG has always sought to enter bluer oceans; and when they do, other ships better get their radars on! The Rs.116.90 billion net worth infrastructural giant R-Infra (earlier Reliance Energy) with an M-Cap of Rs.230 billion has been reorganised into five different verticals. It has projects lined up in transport route developments i.e. road, metro et al, power distribution & transmission, Engineering, Procurement and Construction (EPC) and energy trading. It has unleashed a plan of investing Rs.300 billion in the next 5-6 years on various projects. Anil Ambani summed it up perfectly in a recent AGM (September 2008), "(After government initiatives) prospects of private sector participation in infrastructure development are brighter than ever before. We are single-mindedly pursuing the emerging opportunities & expanding our footprint across the entire infrastructure landscape."

Well, nobody ever accused either of the Ambani brothers of thinking small! But then, aren''t the waters murkier here, since infrastructure does not enjoy the quick turnaround time that ADAG has leveraged from sectors like media, telecom and financial services? Moreover, "the company has a large number of projects under development, exposing it to execution risk. Funding these projects will be difficult given the current credit scenario," cautions N. Wadhwa, Director, SKI Capital Limited. Are there going to be some real clouds on the horizon for R-Infra''s aggressive plans?

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Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

So Indians now dislike President Obama!

 Many months ago, in mid March to be precise, when Indians were swooning over the rock star Barack Obama, I wrote an edit for this magazine with a headline: Why Indians Will Hate Obama. As Manmohan Singh comes back virtually empty handed from his state visit to Washington, let me just reprint the same edit below. Honestly, this is not chest thumping:-)

Very soon, you might have Prakash Karat and fellow comrades crooning, ‘I told you so’, as the Indian media slams Barack Obama and Uncle Sam for once again ‘tilting against’ India. You can already hear murmurs of protest as protectionism gathers momentum in America and young Indians find their dream jobs disappearing in the United States. Then there are those hawks who are now convinced that America is absolutely not interested in genuinely helping India when it comes to battling cross border terrorism. And rest assured, the Obama administration will take many decisions and make many choices that will anger, dismay and even outrage urban Indians who haven’t stopped fantasising about the emerging strategic partnership between India and America. For this breed of Indians, Uncle Sam would follow up the nuclear deal by doing everything that is anti-Pakistan and anti-China if they have a conflict of interest with India. Sadly such delusions always get shattered. They will inevitably get shattered by end of this year.

So after the Indo-US euphoria of the last few years, get prepared for a phase of disappointment and rage at the perfidy of Uncle Sam. And don’t be surprised if Obama becomes one of the most criticised personalities in Indian media (in any case, even his honeymoon with the American media is on the verge of collapsing).

The brutal fact is: both the media and the middle class Indians will be wrong when they rail at Obama and his policies. The reason behind that is another brutal fact: India still behaves childishly and naively when it comes to the pursuit of national interests, foreign policy and geo-politics. No wonder, the discourse on foreign policy in India oscillates between triumphant and childish optimism and naïve pessimism. When India signed the nuclear deal, optimism reached a feverish pitch; when a few Indians don’t get American jobs, the pessimism plunges into depths of despair. That is because most Indians confuse between cold blooded pursuit of national interests and the feel good buzz around emotional bonding. There will always be some occasions when America and India’s national interests do not converge when it comes to dealing with Pakistan. That does not make America anti-Indian. There will always be some occasions when the head will rule over the heart and Uncle Sam will choose China over India (China happens to literally propping up the US economy at the moment by sending surplus dollars to America). That doesn’t make America anti-Indian. There will always be some occasions when political compulsions in America will hurt India Inc. Again, that doesn’t make America anti-Indian.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Gladwell, here are the exceptions...

B&E ‘s savreen gadhoke writes on why Subhiksha and Vishal Retail may not meet the same finality, although their operational and financial fallibility is eerily similar...

“Is Vishal Retail going the Subhiksha way?” This barefaced question has been asked to Ambeek Khemka, Group President, Vishal Retail Limited several times in the last few months by various stakeholders, analysts, journalists and all others who are bemusedly watching the beleaguered retailer desperately steering to clear off the current crunch period. And well, they have all the reason for their apprehensions.

While Subhiksha’s R. Subramaniam had an outstanding debt commitment of Rs.800 crore toward national banks, Vishal Retail has Rs.730 crore riding on its back. Both retailers took heavy loans to fuel their ambitious expansion dreams. The plan was simple: use short-term debt to fund expansion, improve toplines, and then repay short-term debt either by raising equity or converting short-term debt into long-term. While every move was ‘as per the plan’, the economy unfortunately wasn’t, and both the retailers were left gazing at shelves loaded with untouched inventory, empty store aisles, diminishing cash reserves – in short, ruing Gladwell’s misplaced 10,000 hour rule (both Subhikhsa and Vishal Retail have been there and done those hours a long time back).

And to add to the icing on the cake, apart from huge debt pressures, both retailers have also received notices from the Employee Provident Fund Organisation (EPFO) regarding irregularities in the funds credited in the Provident Fund accounts of its employees. As per the EPFO notice received by Vishal Retail, the retailer has not deposited sufficient funds in the PF account of nearly 13,000 employees (Vishal Retail, on its part has said that while the salaries of its employees were divided under basic pay and housing allowance, PF has been deposited on the basic pay. The Courts have asked Vishal Retail to pay the difference of Rs.11 crore).

However, this is where the similarity between the two retailers ends – hopefully. Where on one hand, cash-strapped Subhiksha shut all its stores and filed for bankruptcy, Vishal Retail is fighting against all odds to drive through the rough patch and making tenacious efforts to come out of this mess.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

And it all began with a wish, minus the genie!

B&E’s Pawan Chabria meets up with some individuals who opted to go barefoot in search of success, rather than lazily stepping into the comfort of guaranteed, cushioned golden shoes offered by well set organisations...

Often labelled as the land of agriculture and farmers, India has also surprisingly achieved many a milestone when it comes to churning out new-age entrepreneurs. If truth be told, then gone are the days when every fresh MBA-labelled individual was found salivating for those temptingly fat pay packages offered by multinationals; rather these days, many are much more enthusiastic about registering a start-up, and moulding it into a new capitalistic force. B&E presents a handful of such real-life tales of MBA entrepreneurs who either shunned the very sight of a 9-to-5 job from a distance or those who grew tired of the luxury and convenience offered by a follow-the-clock-to-the-hilt profile.

Anuj Guglani, CEO of Ace Associates, worked for auto majors like Honda (for 3 years) and GM (for 4 years) after completion of his MBA course from IIT Delhi, before starting his own venture. He was involved at various middle-management levels during his stint with Honda, and was handling the showroom workforce training for GM before he left his job, only four months after his marriage. That was of course not an easy decision to make. Anuj smilingly recollects, “There was a lot of pressure... but my family supported me all the way.” When asked about how much his management education had helped him in his venture, he explained that those two years played a critical role in ensuring the success of his company today. “MBA education is very important for starting or handling a business today. It cultivates a vision and completely changes the way your thought-process operates,” he adds. Anuj started his dream run with little money (as he had spent almost all his savings on a Switzerland trip with his newly-wed wife), but immediate success within a short interval greatly improved his cash-position; he explains, “Since I was lucky to get a client like Mitsubishi just days after the launch of the business, it really took no time to break-even.” In fact, Anuj has today diversified into areas like social networking portals with the newly launched World Auto Forum (for auto-lovers).

Read more......

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Make up a human diamond

Nurture the qualities that make up a human diamond, and you will discover the diamond in you

The second great quality of a good diamond is its colour. And in successful human beings, colours are synonymous with two more Ps: Personality and People Skills! That’s what makes for the next most important quality of a diamond! If you want to bring out the diamond within you, you must inculcate a super personality and have high quality people skills. Successful people have great personalities; they nurture it, they groom it and they practice it! Personalities aren’t developed overnight! Personalities are developed with a lot of clearly directed efforts. And here, the ‘LAW’ of personality is about looks, actions and words... The way you look – not physically, but the way you carry yourself – the way you act or behave in front of others and the words you choose, make a personality. Prannoy Roy is an ideal example of a personality! The moment you look at him, there is respect; the way he behaves and uses his hand movements to explain things makes him interesting; and of course, when he speaks, the words leave you awestruck. And that’s why even after years he is still such a favourite of the masses despite so much competition on television today. The other aspect that determines the colour of a human diamond is people skills. People who believe that they can go it alone or those who don’t respect the need to work with people for a common goal, can never be successful! It’s because Narayana Murthy believed in having good people around him and nurtured them, that today not only has he been able to retire peacefully, but even his deputy Nandan Nilekani has been able to hang up his boots leaving the organisation to Kris Gopalakrishnan. Infosys is the most beautiful example of how great people make great organisations and how no one needs to be indispensable in a great organisation.

The third quality of a good diamond is how well has it been cut! In human beings, the cut is about the hard work which is represented by another two Ps: Performance and Perseverance! Every successful human being has to lead by example. He has to perform. And his performance should always be an example to others. SRK is not SRK for nothing. Every star who acts with him, praises him and becomes his fan.

Read more......

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Get them in!

Encourage foreign film makers

Nothing kills a bad product faster than great promotion. Conversely, to ensure that a great product never delivers to its potential, do ensure that your promotions are benchmarks in disgrace!

The product in question is India… we mean as a destination for movie production. In this regard, our slow progress is quite surprising since the country is known far and wide for its natural beauty as well as for its diversity. We have done a lot for foreign locations. The forays of the Yash Chopra banner have had a lot to do with the increase in Indian tourist traffic to Switzerland by almost 30%. Even Rakesh Roshan was honoured by the New Zealand PM for promoting tourism. Recently, Tarun Mansukhani, director of Dostana, was invited by the Government of Thailand to be a part of their Thailand entertainment expo.

King Khan himself has just been signed on as a cultural ambassador by the Korean Tourism Organisation to promote tourism and lure movie makers. Numerous south Asian countries are also devising strategies to lure movie-makers. The Singapore Tourism Board invested $6.3 million under its ‘Film in Singapore’ scheme and will subsidise international film productions by up to 50%. Fiji is ready to give a payback of 35%. Unfortunately, Incredible India continues to lag in this regard. Just around 90 foreign film productions have been cleared for shooting in India over the last 3 years. The biggest predicament is the lengthy paper work required by Ministry of Information & Broadcasting. Multiple clearances with different departments continue to discourage foreign film producers. Also, local authorities create hurdles and ask for bribes before giving clearance at local levels.

Slumdog Millionaire has been the most successful foreign film foray into India, but not for the right reasons. Rather than being restricted to a global image of widespread poverty and destitution, it’s time that India stands for much more on the global front.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Victoria-Jungfrau Grand Hotel & Spa

At 140 years old, Victoria-Jungfrau Grand Hotel & Spa definitely stands out when it comes to luxury at its best. Recipient of several awards including Condé Nast Traveller (UK), Readers’ Spa Award in which it ranked 9th in the category ‘Overseas Spa Retreat’ in 2009, and is the 2nd best wellness hotel in Switzerland according to SonntagsZeitung, this hotel has it all to make your stay a memorable one!

THE VIEW: Victoria-Jungfrau offers 212 rooms and suites. These include Junior Suites, two-level Duplex Suites and Superior and Deluxe Suites apart from the 246 square meter Tower Suite, a dome that was transformed into this luxurious suite, that has a salon with gallery, a dining room with bar, a kitchen and two bedrooms with bathrooms. The floor-to-ceiling windows open up to the lakes of Thun and Brienz while some other rooms offer a stunning view of the snow-capped Jungfrau!

ARCHI TYPE: Made in true Victorian style, the hotel has a dome, garden with fountains, beautiful windows and a panoramic view of the Jungfrau. Having been renovated numerous times to comply with the tastes of its discerning guests, Victoria-Jungfrau has made 10 new Junior Suites and an exclusive ESPA with 16 treatment rooms, which offer 30 types of treatment.

BON APPETIT: The Hotel has three restaurants La Terrasse, which is a blend of the French and the Asian cuisine. The Jungfrau Brasserie is famous for its design and decor, apart from the finger-licking Swiss specialities. La Pastateca specialises in international pasta and noodle dishes and has a stylish and contemporary ambience, which can accommodate up to 80 guests at a time. Foodies can make each day special by having a delicious feast in either of these fine restaurants.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Did the trick for sun pharma

low-priced buyouts, cost control & ensuring sustainable revenues, did the trick for sun pharma. what next? STEVEN PHILIP WARNER answers…

There is also the fact that Sun has always remained a cost leader in the generics drugs platform. Sun’s net operating margin is a tremendous (43%) as compared to a modest 10% for the other top ten pharma players. Has it simply a play on the raw material sourcing or is there some critical strategic intent in this situation? Sun claims that this has been because of their focus on costs, which has been the biggest priority for them; and the claim does not come without empirical evidence.

For example R&D! Sun also doesn’t believe in over-investing in R&D. Its R&D budget allocation ratio is only 0.5% of its revenues (for FY2008-09), while that figure for the industry stands at a much higher 14-15%! As per a report by E&Y, “Only 2% percent of projects in the pre-clinical phase are expected to make it to Phase I testing and, of these, only one in five are likely to be approved.” So what’s the average success rate of your primary compound finding a place as a pill in the market? A tiny 0.4%! Rahul Sehgal, President, Nestor Pharmaceuticals also propounds how Sun is taking the right route in this regard as he states, “The R&D which are required, involves a lot of cost. There was never much point in Indian manufacturers spending too much on R&D. R&D spending should now be ratcheted up – significantly and rapidly.”

Surely, Sun seems to have fared better at maintaining the balance between costs and returns during the past year; however the question stands – will this sun continue to shine even in the current year?

Read more......

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

V. M. PANDIT, former senior C.B.I. official,

“The problem comes when the CEO or his family members move out of their homes...”

B&E: Is there a security threat to CEOs and their families today?

V. M. Pandit (VMP): Definitely there is this fear today. I have worked for the CBI for 26 years, but since 1993, I have been completely involved with corporate investigations and my experience tells me that there is a big threat to CEOs and their families, as organised crime has grown and kidnapping has become a big business today. The general scenario of crime in India is that law and order is not doing enough to keep everyone protected from harm, not even the privileged class. And the fact that these criminals can boast about political connections, they get great shelter in all aspects. So they can commit such crimes, and these crimes are generally committed by organised bodies. Thee criminals keep a tab on the rich people of the community and those who are vulnerable to kidnapping, including the CEOs and their families.

B&E: When are the chances of getting kidnapped the highest?

VMP: The problem comes when the CEO or his family members move out of their homes, i.e. in transit. That is the term which makes them vulnerable - in transit. On their part, all CEOs also cannot afford escorts and bodyguards for all in their family. Moreover, their family members follow fixed routes, to school, to office, to the market. They frequent the same restaurant, the same club, and that too at fixed hours. So the criminals select a particular target after conducting a brief survey – the survey can be anything, right from who is the courier boy who most frequently delivers parcels at a particular location to who the security guards are, their shifts, etc etc. In the process of knowing more, they come to know which market and clubs they flock to and which schools or colleges their offsprings are linked to. So that is the first step of any kidnapping activity.

B&E: Do they often harm the asset?

VMP: If their ransom demands are not being met, then you definitely are calling for trouble. If the ransom demand has come over the phone, then be sure that their ‘gang members’ are always keeping a track of how you proceed with the execution of the payment. They would know if you are defying their instructions. The moment they find out that you have approached the police, their ransom demand increases. The party also shows little care for the victim, if you try to find their hideout; so in that case, they will most likely do away with the kidnapped individual.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Citius, altius fortius...

when they entered, indian consumers were not ready for them. but reebok began relentless expansion. the strategy has worked...

Your move. That’s how the latest Reebok ad campaign goes. The fact is that while globally, Reebok (which is the subsidiary company of Adidas) has had quite a chequered performance report, its India moves have done quite well. Globally, Adidas and Reebok combined find competing with Nike a daunting challenge. But in India, reebok alone is the number one sports footwear brand. So the million dollar question is how did Reebok actually secure this impressive lead when it comes to the Rs.11 billion Indian sports footwear & apparel market? A dexterous game plan and arduously woven strategic expansions have enabled Reebok India to score this coup.

In 1995, when Reebok made its debut on Indian pitches and hearts, the sports industry in the country was dominated by local players and MNCs like Bata. Nike and Adidas followed soon after and an intense competitive battle began. These MNCs came had accomplished themselves in manufacturing a range of high tech footwear. But the Indian market was quite unprepared; both for the sophistication of the technology and for the price. Unlike other players, Reebok decided that it would not unleash all its products. The product offerings of Reebok at that time were predominantly for the male consumer, considering the skewed gender balance at that time in the country. But the company believed in expanding very fast. Within one year, the first Reebok store reached a break even and 20 Reebok stores had propped-up across India; a number to reckon with considering those were still early days for liberalised India. “We started playing the expansion game (as it was proving quite a success for us) despite others calling it a mistake. We started spreading in metros and towns as well through tie-ups with retailers,” adds Subhinder Singh Prem, MD, Reebok India Company. No wonder then that through 700 exclusive brand outlets (as on March 31, 2009), Reebok has the highest retail presence in India today.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

PAKISTAN: WAR AGAINST TALIBAN

Unless Zardari massively increases investment on modernising the police, his war against terror will fail

Thirdly, large scale army operations almost always will devastate establishments/villages and forced people to flee (in Pakistan’s case, over 3 million). Engagement of police, along with intelligence, in counter-insurgency operations have historically proved to be more successful across the globe than similar operations led by army. Unfortunately, the ill-equipped, under-funded, corrupt and mostly bureaucratized Pakistan police is still many miles off even average benchmarks. A major portion of the police force is engaged on VVIP duty.

The police to people ratio is a critically low 1:625. Reportedly, some policemen have dated weapons that have not been used even a single time. Over 80% of the police force comprises constables, showing an ungainly lack of middle leadership. Horrifyingly, over 70% of them are sick suffer from diseases like Hepatitis C, TB, and AIDS. There are only six forensic labs accessible for police nationally.

Three years ago, it was the Pakistani police that had arrested Zardari when he attempted to return to Pakistan from Dubai. Today, critically, Zardari’s upstart fight to combat terrorism could well come up a cropper if he fails to invest in the Pakistani police force. Will he do it? If not for the war, perhaps for the 10%?

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Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

SUPRANATIONAL CURRENCY: BRIC

The idea of a supranational currency sounds good. But the practicality of it is the biggest question

Nothing of that happened, however, good news from American economy has pushed the Dollar up against all the major currencies.

And this precisely shows the biggest hurdle in the way of replacing the Dollar. Most of the trade that happens uses Dollar as the currency and the amount of Dollar in the forex reserves of the world is much higher than any another currency.

Even experts within Russia believe that shifting away from Dollar is not going to be as easy as is being potrayed by the emerging giants. The first problem is that a change would require a long process and would be too cumbersome. Some of the countries, most of them being developing ones, are not ready to see such kind of transformation. Besides, the US must agree to any such kind of change. And by any means, it would not be ready as this would soften its clutches on world finances and thus reduce its importance. And Dollar being the most stable and credible currency at the moment, shifting during this recession time is the most stupid idea. In short, if non-dependence on Dollar is to happen, mere groupism would not do. It requires more fundamental changes than what have been proposed till now.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)