Showing posts with label IIPM-Publications. Show all posts
Showing posts with label IIPM-Publications. Show all posts

Wednesday, June 05, 2013

Book Review: Sunshine Lanes

Words worth the weight

A poetic journey indeed! There aren’t too many contemporary Hindi film lyricists who can legitimately lay claims to being a poet to boot. Prasoon Joshi’s Gulzar-like portrait on the cover of this book, the right temple of a pair of spectacles dangling from a corner of the mouth completes the pensive image of a man who has successfully steered clear of the crassly commercial aspects of his calling and survived to tell the tale.

Sunshine Lanes – A Poetic Journey, which was formally launched at the Jaipur Literature Festival earlier this year, is a collection of some of Joshi’s best songs, printed here in the Devanagari script with the English translations alongside. Each lyric has a story behind it, which explicated in the writer’s own words.

The book, which also includes some non-film compositions and poems, provides an insight into the overall creative process of lyric-writing, besides specific anecdotal details about Joshi’s professional interactions with frequent collaborators like AR Rahman and Shankar-Ehsaan-Loy.

In a preface, Joshi provides a brief overview of his formative years, the influence of which still lives on in his lyrics and poems. It, however, only whets the appetite – does not quite satiate it. Both the ‘writer’s comments’ at the end of each song and the aforementioned preface seem all too pithy to do complete justice to the storehouse of stories that Joshi must be privy to.

Yet, Sunshine Lanes throws just about enough light on the man and his craft to be regarded as an important addition to books about Hindi film music. Lyric writing is central to the evolution of a song and the lyricist has a unique vantage point from where he can view the creation of a film song in its entirety, both subjectively and dispassionately.

Joshi brings his acumen as a writer to bear upon the ruminations. Not only does his book elucidate the elements that constitute a film song, it also explains, if regrettably only in passing, the significance of each of the songs included in this selection, in terms of specific words and lines, or as a whole.

“I am often asked what makes for a beautiful song,” he writes. “What came first, the tunes or the words? For me, a soulful song is one that makes it impossible to decipher this, where there is no overt competition between the music and the lyrics – one that is just a beautiful blend.”              

Joshi does not work in a vacuum. He is conscious of the history of the film song and his own place within its evolutionary continuum. He knows that the quality of lyric writing is currently at low ebb in Mumbai, with the emphasis being firmly on ‘entertaining music’, but he is not willing to write off his fraternity.

He, however, believes that “if this trend continues and the staple and ‘instantly understandable’ songs are demanded and settled for most of the time, the space for experimentation will continue to diminish progressively.”
 
Joshi has been chipping away relentlessly at the shibboleths. As the lyricist of some of the finest film songs of our times, he knows exactly what it takes to make instant connect with the masses without undermining the creative essence
of a lyric.

“Writing lyrics hasn’t been and is not my profession. It’s a passion,” writes Joshi in the preface. It is passion that shields him from the detrimental pressures that less creatively fortified lyricists are vulnerable to in the Mumbai movie industry.

Joshi has a day job. He makes a living as an adman of repute and stature – he is the executive chairman and chief executive of McCann World Group, India and president, South Asia. So he does not have to write Hindi film songs to pay his bills. He can afford to cherry pick his assignments and work only with those with whom he can relate as a writer. He can afford to be an outsider while being an integral part of the industry.

Joshi is acutely aware of the constraints and challenges of his craft. “Writing lyrics for films is like walking a tightrope – one cannot be vague and excessively symbolic like in poetry, but at the same time, the mystique and beauty should not be compromised. Striking the right balance is critical.”

He has been doing just that ever since he wrote his first film lyrics for Rajkumar Santoshi’s Lajja at the turn of the millennium.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
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
BBA Management Education

Tuesday, June 04, 2013

When Snakes Bite...

“Maar diya sahib! Bada zehrila naag tha!”, said the gardener as he stood in front of me, flanked by four others. At the end of a long wooden stick that he held out like a bayonet hung a snake, about six feet long. Its head, once a beautiful greenish black seemed to have been crumpled out of shape and was dripping thick sticky blood.

I shook my head and picked up the now lifeless form of the serpent and pried its mouth open with a twig. I displayed the snake’s dentition for the men. Row upon row of saw-like teeth looked formidable, but then I made the point I was trying to make as I stuck the twig under the rat snake’s teeth and said, “See? no fangs! Iss saanp mein zeher nahin hota! No venom! These snakes just catch rats and bandicoots. They just give you guys a helping hand.”

The men didn’t know how to react to that. What I had just said had collided with their understanding of their world, that all snakes were dangerous, venomous and almost evil beings and the only possible outcomes of an encounter with one were either an agonizing fatal bite for man or a lethal blow from a stick for the snake. On the other hand I could see why a non venomous rat snake could so easily be mistaken for a venomous cobra or krait. So, what should one do when one encounters a snake?


For an answer to that question I had to go looking for a man who knows his snakes like the back of his hand… also because he often has one wrapped around the back of his hand.

Meet Debanik Mukherjee, a herpetologist by trade and an evolutionary biologist by passion, and a man who his friends described to me as “this crazy guy, he catches venomous with his bare hands..”. Warm, unassuming and extremely passionate about his subject, he reminded me I was late for our appointment when I showed up half an hour later than the agreed hour. But instead of making me feel awkward about it he immediately apologized for the state of his field station, dusted an old chair in the corner before offering me a seat and then politely requested an attendant to get us some tea.

A few sips of sweet tea later, I asked the question that had been bothering me. How does one differentiate between a venomous snake and a non venomous one? Debanik Mukherjee rolled his eyes and smiled. “That’s a tough one. Those with an experience of handling snakes can easily tell the differences in coloration and subtle changes in shape. For instance two of India’s relatively more common venomous snakes, the saw-scaled viper and the Russell’s viper, like most vipers, have slightly triangular heads. But it is tough for a layperson to tell the difference between a krait and a rat snake for instance, or a cobra for that matter, unless it has raised its hood.”

Then what is one to do if one encounters a snake inside one’s garden or room? Just wait for it to leave? Mukherjee laughed a wry good natured laugh and said “Carbolic acid! Keep that handy if snakes like visiting you. Carbolic acid or phenol is known to ward snakes off. I think its fumes interfere with the snake’s ability to interpret its environment through its senses. That, or a flame wrapped around a long stick should be enough to drive the snake off in a safe direction and distance. Remember this, that except for an aggressive species like the African black mamba, most snakes will want to avoid conflict with humans, and given an opportunity, would be happy to retreat.”

But what if one does get bitten? What are our options then? Doctor Mukherjee looked into my eyes, leaned across his table and said, “Then there is a problem. Snake venom acts fast. It gives you only hours, often only minutes, about 30 or so, if bitten by a krait for instance. So if you know nothing about snakes and are bitten by one, you must rush to the nearest hospital. Most large hospitals would have access to antivenin. In the old days, people would have to kill and carry the snake to the doctor so he could identify the snake and administer the antivenin accordingly. But today, while carrying a picture on your phone might help, you needn’t fret too much about it for modern polyvalent antivenins would cover the bases for a wide variety of snake bites.

Stay calm – More often than not, even if the victim has been bitten by a cobra or a krait, the bite would be a ‘dry bite’. This means that even though the snake did bite, it did not pump any venom into the blood stream. Venom is precious and snakes would rather not waste venom on humans who are too big to be eaten.  (Unlike cobras and kraits, vipers however cannot control or restrict the amount of venom they inject in their victims)

In the rare event that one does get bitten, you must try and relax and control your breathing. Getting excited and anxious would only make the heart beat faster and this would lead to the venom reaching the organs sooner than later.
Check for fangs – Look out for deep punctures made by the venom squirting fangs at the site of the injury. If you can locate distinct puncture wounds that stand out from the rest of the bite marks, this would usually be a sign that the snake was venomous.

Tourniquets – Though rather popular in the past, tourniquets aren’t a very good idea, especially if tied too tight. Tourniquets would do more harm than good in such cases and could even trigger gangrene.

Then Debanik revealed an interesting bit of trivia. “Mithridatization is the process of building immunity from snake bites by injecting small doses of snake venom into the human body. And crazy as it might sound, there are people all over the world who are experimenting with the idea. It works, but one small mistake could be the last one for these modern day Mithridates. So take my advice, mind your feet and stay away from snakes and snake venom if you haven’t been trained to handle them”, added Debanik.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
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
BBA Management Education

Friday, May 31, 2013

kenya on the brink?

Uhuru Kenyatta, indicted for crimes against humanity, takes the lead

As Kenya is all set to get a new leader, with Kibaki retiring from politics, the political corridors are hoping for a stable government, especially at the backdrop of violent streaks. Prior to the elections, there was a series of violent bursts that sent ripples in Kenya’s heartland. A clash in the Tana River delta involving a politician resulted in the death of around 150 people. In another incident of violence in 2012 in Mombasa, a Muslim cleric lost his life which led to unrest in the vicinity with people taking to the streets and vandalising property. To top it all, the presence of the Somali militant group al-Shabaab has added to the environment of violence. Incidents of street violence in places like Kisumu and Siaya have epitomised the political unrest ripping the country apart.

Elections in Kenya have had a history of bloodshed and violent uprisings. The protests during the 2008 election that was engineered by the opposition leader Raila Odinga left more than 1,000 people dead and rendered 600,000 homeless. In the last one year, the UN reported over 500 Kenyans dead including police officials and another 1,00,000 displaced.

Today, Kenya is plagued with severe inequality, poverty, unemployment and frequent strikes. With 40 per cent of youth being unemployed, the human capital is plainly unproductive and ends up opting for solutions through violence. So much so, the intellectual class including teachers and doctors are often found resorting to strikes. In order to curtail these social malaises, Kenya’s government had passed a new Western-style liberal constitution with reforms promising a better standard of life to police and security officials. But bills related to economic and social reforms are still to be tabled.

There are reasons to be optimistic about the new constitution that has provisions for new institutions of reforms and audit bodies. The most promise lies within Kenya's youth. As per a March 2012 World Bank working paper, “93 per cent of Kenyans are mobile phone users and 73 per cent are mobile money customers." In other words, over one-fourth of Kenyans are now online. As the youth in Kenya is all set to globalise, the least they expect is a non-violent political future. The new government must convert the young pool of talent into a demographic dividend than alienate them.



Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles
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

ExecutiveMBA

Tuesday, May 28, 2013

Movie review: David

Tri-Try

Bejoy Nambiar’s 3 in 1 stylistic thriller tries to be more than it is, which not necessarily a bad thing, can sometimes turn against you and bite where it really hurts.

David stops just short of biting but does take it in the mouth. Beginning really well in french noir fashion with dark scenes and Neil Nitin Mukesh’s stubble glinting in the low light of the high end production sets, it keeps going and keeps trying but ultimately underwhelms.

What the film doesn’t lack is energy. There is always things happening on the screen and even though the director could have reined his leash a bit tighter and made the film shorter, it does keep you entertained throughout. David tells the tale of 3 “Davids” in 3 different places, in 3 different eras. No, this isn’t even slightly similar to any of Tarantino’s and the film does draw a bit of his style. It would also remind you of Martin Scorsese’s Goodfellas, without the witty dialogue or any of Scorsese’s customary skills.

Where the film misses on dialogues though, it makes up with its catchy soundtrack which could easily be one of the best you would hear this year. Overall the film is raw, visually appealing and backed up by some good acting but that doesn’t do enough to cover up the feeble plot.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Monday, February 04, 2013

Nine years & counting

The company wrongly felt that KBC won’t work

Multi Screen Media (MSM, then known as Sony Entertainment Television) would hate to be reminded of its folly in year 2000. Sony Pictures Entertainment (the parent company of MSM) had the international rights of ‘Who wants to be a millionaire’, which was a blockbuster in US. MSM had the chance to buy the Indian rights for the show, but the channels’ steward Kunal Dasgupta (who resigned recently after a 14 year long stint) rejected it. This is what Dasgupta had to say later on, “Refusing Kaun Banega Crorepati (KBC) is the biggest mistake I have made. If I can, I will go back in time and change that decision.” Of course he can’t! Star Plus grabbed the opportunity and roped in Amitabh Bachchan to host the show. The show immediately clicked with the audience and became a rage. It recreated the old magic of the Doordarshan days when the entire family used to gather around the TV sets. Star built its programming around KBC and the channel was an undisputed number one for nine years. On the contrary, Sony kept slipping. In effort to correct its blunder MSM has bought the rights of KBC and it is planning to launch the show with a new host. Experts feel this move is not a smart one because KBC has lost its novelty factor.


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

For More IIPM Info, Visit below mentioned IIPM articles.

Monday, January 14, 2013

Let’s not think ‘small & medium’

DSE’s SME exchange is worthy of applause, but they have to avoid becoming OTCEI

It was like a dream come true for many of the small and medium enterprise (SME) owners whom we came across when they heard that Delhi Stock Exchange (DSE) is planning to get back to business with focus on specialised services for SMEs (subject to SEBI approval). And why not, for this can provide them with a much needed platform to raise capital, their biggest problem so far in their vision for a dream enterprise.

But then, they should be warned by history. A similar concept was introduced in 1990, named OTCEI (Over-The-Counter Exchange of India). Today, it writes (very proudly) in its website, “As a measure of success of these efforts (introduction of screen-based nationwide trading, market making and scrip-less trading), the exchange has 115 listings.” Superb! 115 listings in 19 years. Perhaps, that’s why many don’t even remember that OTCEI still exists!

With a live example of disaster, why is DSE interested in setting up a SME exchange? Answers B. K. Sabarwal, Director, DSE, “A recent survey has revealed that 92% of unorganised enterprises in India do not receive financial assistance from banks or from any other source... An exchange is the best way to make them competitive.” Moreover, DSE is not only looking forward to the opportunity present in India’s 13 million (approx.) SMEs; it has adopted the model of London-based Alternative Investment Market (AIM)). Certainly a great idea, considering that it has 3,075 listings and raised $104 billion since its inception in 1995. But, only by following AIM, the job can’t be done successfully.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay 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)

Friday, January 11, 2013

Subscriber no. 74,000,001

arun sarin pulled off what some called a seat-of-the-pants strategy, when he entered india as a suspected knee-jerk reaction to vodafone’s japanese exit. b&e does a run-on with current vodafone head of marketing, cmo harit nagpal on the whys and more...

We’re sure Arun Sarin would have read this, if he had still been in Vodafone. February 11, 2007, Vodafone Plc. announced its decision to pick up a 52% stake in Hutchison Essar Ltd. (the fourth largest telecom company in India) to get its footing in one of the fastest growing telecom markets of the world. There seemed to be an immense potential for any new player to come in and try to grab a sizeable chunk in India. But critics had put forward, and with much basis, that this India-entry was just a seat of the pants strategy for Arun Sarin, who wanted to somehow cut the flak that he had received after exiting the Japanese market. Especially when he already had an idea that he himself was on his way out from Vodafone global. And at that juncture, he didn’t want to be, in a stakeholder’s term, “Welched!” (referring to how GE’s top shareholders crucified Welch after he’d exited GE). But this is not to say that Arun was playing truant. He had his numbers well prepared while selling the idea to his board. At that time, India was adding almost 5.5 to 6.5 million customers every month; and the penetration level was well under 20%, showing massive potential in future growth. Well said, well bought. What happened thereon?

Like we mentioned, Arun would have loved to be here and now! 2009, only two years post the acquisition, Vodafone Essar Ltd. is already one step better than when they entered; they’re the third largest telecom company in India in terms of subscribers with 74 million subscribers, (as on May 2009 Source: TRAI). Though the godzillasque Bharti Airtel is not ‘overtakeable’ in the next three years (Sunil Mittal, whom we interviewed two issues ago, has 99.55 million subscribers in his company), the second in ranking figures, Reliance Communications, is more a possibility, as it has only 77.22 subscribers, a figure that can be overtaken in a year with tactical marketing. But that’s not all. Vodafone is already the second largest in terms of revenues by clocking Rs.203 billion in FY09 (growing by 35.4% in the last year) and trailing only Airtel that got in revenues to the tune of Rs.261 billion in the same period.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Saturday, January 05, 2013

‘Which’ hunt?

Iran’s done well as a democracy

Mahmoud Ahmedinejad is back on the seat of power, but victory celebrations have been dampened to an extent by a string of violent protests post the elections. The protesters, led by opposition party leader Mir Hossein Mousavi maintain that the election results were fraudulent. However, the authorities have ruled it out. While they admitted irregularities, they have maintained that they were not large enough to affect the landslide victory. So finally, he can afford to get back to business.

Global reaction has been mixed, though, and understandably so. Countries like India, China, Venezuela, Russia, Brazil, Sri Lanka and Pakistan (besides the Middle East) have appreciated and congratulated Ahmedinejad. Ironically, most of the western countries including the US, France, UK, Dutch were mute during the peaceful election and suddenly got into action as the violence spread.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Thursday, December 20, 2012

If Ho Chi can, can’t Kim II?

No one ever thought that Vietnam could be unified; Nixon least of all

Can you ever, in your weirdest dreams, imagine the merger of North and South Korea? It’s easy to spin examples of Germany and draw similes, but then, Germany is in the developed west and not at all comparable to South Asian realities. Really, if the same question were to have been asked in early 60s about Vietnam – the closest mirror image then – the answer would have been a unanimous no. Today, there is one Vietnam. And truly so, if Ho Chi Minh could, why can’t Kim Jong II do the same now?

From 1954 to 1975, communism dominated North Vietnam while the US-backed South Vietnam was in a perennial state of conflict, with a primary aim to prevent the spread of communism in Southeast Asia, yet wanting to adopt the concept of being socialist state.


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

For More IIPM Info, Visit below mentioned IIPM articles.

Wednesday, June 16, 2010

Celebration of mediocrity

The result is non-entities and talented people are often thrown together in the same space sending out highly confusing signals… but who cares? The reason is simple. The respect for an artist’s endeavour is not the reason for his/her being a celebrity. The ability to successfully fill media space (what’s new, hot ‘n’ happening!) or splash out in the colour supplement of a popular mainline publication, is. This has led to a frightening celebration of mediocrity.”

Respected editor, publisher, film & theatre critic Samik Bandopadhaya provides his very own, evolved take. “The media – for its own vested interest – continues to create, project and glamourise a particular constituency, which, it believes, are the people who matter. They are the stars; they are the celebrities. I find this whole representation both fake and phony, because, while there will always be the tabloid-hooked, sensation-seeking crowd, there continues to be an entire and vast minority who disagree. They (collectively and fearlessly) root for the true-blue creative animal. Incidentally, these people are not all Kolkata-based but are spread across West Bengal, in small towns, schools, colleges and universities”.

Bengal’s celebrity filmmaker – revered in Bollywood and admired globally by lovers of good cinema – Rituparno Ghosh winds up the debate in characteristic fashion. “I think everyone will agree that art and culture has, traditionally, existed and thrived on patronage. Once it was royalty. Today – in whatever form (editorial, corporate house) – it’s the sponsors. There was a definite spirit of altruism that drove the earlier generation. They were not necessarily painters, poets, dancers or musicians but they genuinely wanted to further the cause of creativity and arts, in their own way. That has changed.” He also points to consumerism as a major factor in this tilting of the scene. “When commodities are transformed and glamourised to brands, suddenly a status factor comes into play. I don’t want any biscuit – I want Britannia. I don’t want any shoe – it has to be Nike or Reebok. I don’t want to eat at any old place – it has to be Sonar Bangla, Taj Bengal or Oberoi… By the same token (whether I understand its nuances or not) I must have a Bikash Bhattacharjee, Hussain, Souza, Raza or an Anjolie Menon painting on my wall. “Sad but true…”

What is your take, dear reader?

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Tuesday, April 13, 2010

A new chapter in moral science

With most illegal activities occurring in the dark of the night, researchers have now illuminated the effect of light on our morals

Author Anton Chekhov’s story ‘The Robbers’ brings to mind images of stealthy, sly and lustful robbers’ lamp-lit den where the on-set of night didn’t signal terminating all activities, but rather incited setting spirits to satiate their beastly cravings. Characterising the darkness of the night in myriad metaphorical ways, Chekhov kept the reader’s pulse racing till the end. If merely repetitive mention of darkness can set a person’s heart racing, could the cloak of darkness embolden some to commit crimes too?

A recent study by psychologists Chen-Bo Zhong and Vanessa Bohns of the University of Toronto and Francesca Gino of the University of North Carolina suggests that it isn’t only the fear of exposure that leads to increased incidents of misconduct in darkness. Rather, it is darkness that triggers some of the destructive emotions that may lead one to misbehave! It was the unanimity of the results of the experiments conducted that led to publishing the research in the journal Psychological Science. Participants in dimly-lit surroundings were seen to cheat more than those in the brightly-lit set-up. While in another set of participants, who were only made to wear sunglasses and asked to divide $6 amongst each other in any way they wished, it was noted that ‘darkness increased their self-interested behaviour’!

Dr. Sanjay Chugh agrees and adds to the theory here, “I would agree with this. No one likes to be caught when doing something wrong. So, people try to hide or do it on the sly. Darkness provides the best cover. People become less cautious and more daring when there is lesser risk of being exposed. Darkness also probably heightens the sensation of what you are doing and takes the edge away from internalised values, ethics and morals, essentially allowing denial to take over.”

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Saturday, February 20, 2010

HAS THE GOOSE LOST ITS GOLDEN EDGE?

Indian organised retail can become a great success, BUT PLAYERS NEED TO UNDERSTAND THE REAL RULES OF THE GAME

The debate rages on whether organised retail in India is the proverbial golden pot it was postulated to be, and there are many who are sceptical of the rainbow they chose to chase, for they have not even a pot of iron. Many are the travails of these prospectors over the recent few years, who claim to be unavoidable casualties of the out-of-the-blue economic downturn, which was ill-timed for the infantile industry.

So, are the hugely attractive figures of the country’s economic growth, the growing consuming class, the youthful demographics of urban markets, and the growing interest of global retailers enough to assure a rosy future for Indian retail? Are the corrections being made sufficient for the long-term future of the industry to sustain growth when the global competition finally arrives? And so is all well for the future of organised retail in India?

A careful and objective study of the state of affairs would reveal more than a few chinks in the armour. A dispassionate appraisal would go a long way in strengthening the cause of Indian retail, and inoculate the system from the impending attacks of the global majors, who will bring greater scale and experience with even deeper pockets.

There are broadly six corner stones of success for organised retail:

1. Merchandise Value-Quality Ration: In the name of value for money, many retailers have resorted to providing a quality of product that seems to hardly differentiate, and mostly matches what the unorganised players provide. The pressures on revenues and competition have hastened the quick decline towards “price” rather than “value”. Value defined by price, at the cost of quality or innovation or differentiation, has never shown to retain customers at any level of the pyramid. Where are the new products? Where are the unique products or brands? Quality of Packaging? New modes of presentation? International choice? Where are the better margins that customers are more than willing to pay because they get something better in the bargain?

2. Physical standards and ambience: Customer convenience of physical reach of product, hygiene of product presentation, ample space for physical and equipment movement, customised fixtures to promote different product types, appealing visual merchandising have all been victims (more often than not) of the need to improve space efficiencies and productivity. Is the customer becoming a casualty of figures here? Where are the hypotheses of letting the customer spend more time at the store? Let her sit for a while and relax in the store? Enable greater visibility to more categories? Offer her a service that brings a smile to her face? These seem to be forgotten for now, in the name of economics. Is it possible that customers will forget them soon when someone bold enough makes a different pitch? How often have even local grocers and the Everfine local super markets beat the bigger players, not because they are better, but because the bigger players are NOT better?! Is Quality of Offer not better? Why crowding SKUs in fixtures should sell more? Is organised retail just a larger grocer or garment store with electronic tills?

3. Customer service & orientation: When was the time you actually saw a sales executive in a store smile at you? Did you find the size that you wanted in the right place? Did someone guide you to the aisle you need, find the product and ask you what else you want? Did you have to hunt for the red-shirted staff? Could you find a facility when nature called? Was a sales-return done easily? How fast was the check-out? Did someone help you to your car? Did the manager meet you when you had a complaint? Did you feel wanted as a customer? While the answers may not be negative all the time, the question is how positive is the answer? Is there a mirror that seems to suggest that the customer is only like each one of us? Is it not worth the additional cost to make her visit again?

4. People development: How can customer service excel when people are not motivated to excel? How can an 18-year-old who earns in one month what a unit of a product costs understand the customer need? How can a customer relationship executive relate to a customer when she wears a poorly designed uniform that gives her no pride? What are the qualifications to enter retail? Why would you need to be qualified to serve with spoons, but not to demonstrate a product? When will we invest in creating a profession of Retail, whence millions will take pride in working for?
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-


Friday, February 05, 2010

Let the party begin...

With a rugged landscape, historical windmills, Cycladic architecture, powder-soft beaches and crystal clear waters – Mykonos is a picture of pure bliss tucked amidst the islands of Tinos, Syros, Paros and Naxos. Renowned for its intense nightlife and beach bars, Mykonos is paradise for bar-hoppers and party lovers. The town also offers a treasure trove of natural beauty, rich history, cosmopolitan character and plenty of local colour... no wonder then that the streets are brimming with people all year round.

Get that holiday tan as you spend a lazy afternoon at the quaint beaches of Mykonos; or experience the adrenalin rush while you indulge in water sports or enjoy an evening with friends at one of the stylish beach pubs. Chora, the largest and the most popular town in Mykonos, is a delight for visitors. Little white houses with flowers, blue windows and doors, ancient churches, pigeon keepers, chimneys, hand-painted streets et al, make it a picture-postcard capital. The windmills, a trademark of the island, stand on a hill and can be seen from any point in the Chora village.

In Mykonos, do visit the Church of Paraportiani, a cluster of five churches built in a compact complex. One of the most photographed buildings, this majestic Byzantine church overlooks the sea. Enjoy a walk down the narrow labyrinth-like streets, taking in every detail of the impeccable architecture or visit the Enoplon Dynameon, one of the busiest streets of Mykonos that has the Archaeological museum. The little village, Ano Mera, is worth a visit too. Small, pretty and quiet, visit the monastery and the little church museum which was built in the 15th century. Hop on to a ferry for a day trip to the sacred island of Delos, considered to be the holiest island in ancient Greece.

For those who like to live it up at night, the streets of Mykonos are literally packed with bars and clubs, permissive to all tastes, preferences and moods. Spend an evening at the Scandinavian Bar, rated as one the best in the world, or sip on a drink sitting on the steps outside at Uno – one of the oldest bars in Chora. With options galore, you are sure to be spoilt for choice.

Mykonos has all the ingredients for a perfect holiday – a picturesque landscape, golden sand, crystal water, rich history and an exhilarating night life... but most of all, it holds the promise of an unforgettable experience...
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

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Thursday, January 21, 2010

Coal mine fire wreaks havoc

Mahanadi Coalfields Limited suffers loss of Rs 25 crore

A fire has swept through a coal mine in Orissa’s Talcher area, destroying assets worth nearly Rs 25 crore. The fire erupted at Mahanadi Coalfields Limited's Bharatpur mine on December 23, 2009, and it took authorities more than ten days to bring it under control.

The fire halted coal supplies to a nearby NALCO plant, affecting operations at its captive power generation facility.

A half-a-kilometre haul-road, at another open cast mine in Anantapur, caved in on December 24, complicating the fire fighting operations at the burning mine. However, no reports of casualties have come in from either location. According to sources, authorities were slow in responding to the Bharatpur mine fire, allowing it to spread and grow. People in surrounding villages have spent sleepless nights ever since the fire began.

The NALCO plant, located in Angul district, needs about 15,000 tonnes of coal per day to run its units, which is supplied from the Bharatpur mines. However, the logistics was affected because of the damage to the conveyer belt that fed the system. NALCO was forced to stop few of its power generation units due to shortage of coal.

However, MCL sources revealed that fire in coal field has become a regular phenomenon as coal is vulnerable to fire. "We used modern techniques to bring the fire under control, but the thick curtain of smoke hindered fire fighting operations", MCL public relations officer Dikken Mehra said.

On the other hand, the state government deputed senior officials to review the occurrence of the incident. The state development commissioner S.P. Nanda and other officials of the state Pollution Control Board visited the Bharatpur mines to gather a first-hand report on the mishap and subsequent reports of landslides and soil cracks. The DIG (west-central), Talcher, Lalit Das said, “The senior officials visited the spot to review the situation." However, he refused to comment on the cause of the fire. "It is quite a common fire and investigation is on to ascertain the cause. Therefore, it is difficult to put responsibility on anyone for the incident right now”, Das said.

The sources also revealed that the mines had more than seven lakh metric tonnes of coal. The fire devoured major portion of the mine as no timely action was taken to transport the raw material. The cause of the fire, however, was believed to be the burning coal beneath the road. Meanwhile, the MCL authorities have constituted a committee to probe the incident that has resulted in a loss of about Rs 25 crore to the company.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009

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

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Friday, October 31, 2008

The gurus on their wheels

Clubbing, picnicking or off-roading, here’s what the experts advise...
Here’s a Murad for wheels...

Clubbing: I’d say a high end BMW or a Mercedes C- Class will be a good choice to go clubbing in. A sporty Audi, BMW 6 series, or a Mercedes SLK, can do wonders as they’re a reflection of your personality and will help you to leave a good impression.
Rush hour: Hyundai i10 is perfect for city traffic because it is small on the outside and big from inside. It’s truly the best in its class.
Date: An SUV such as a BMW X5 or X3, Mercedes M class, or a Prado would be good picks for going on a date. Amongst the more affordable ones Honda CRV, Ford Endeavour or a Scorpio are also good.
Off-roading: Tough cars like Toyota Land Cruiser and Land Rover, Pajero are quite genuine choices.
Picnic: One needs a big, spacious car to put in loads of things that people carry on picnics, so, a Scorpio is the right car for a picnic with friends or family.

An SUV such as a BMW X5 or X3, Mercedes M class, or a Prado would be good picks for going on a date. Amongst the more affordable ones Honda CRV, Ford Endeavour or a Scorpio are also good.
Murad Ali Baig Auto Expert

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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Thursday, October 23, 2008

From Prague Spring to the Velvet Revolution

The Polish and Czech opposition movements had their roots in the events of 1968

What was the Prague Spring, or the events of 1968 more generally? Their meaning, it seems, has become more, not less, debatable with the passage of time. My generation was forged by protests & police truncheons, by the hopes generated not only by the Prague Spring, but also by the Polish student movement that March, the Paris events of May, and first signs of Russian democracy voiced in the early books of Sakharov & Solzhenitsyn. For those of us imprisoned in Poland, the Prague Spring was a harbinger of hope.

So I remember my shock when I learned about the Soviet invasion of Czechoslovakia in August, and the trauma that lingered long after. On the tenth anniversary of that invasion, Václav Havel, Jacek Kuron, and I, along with other dissidents, met on the Czech-Polish border. These encounters were an extension of the climate of the Prague Spring. We all felt that we were creating something new, something that might, one day, turn out to be an important component of democracy in our countries.

And so it was. In August 1989, I proposed in the Polish Diet a draft resolution apologising to the Czechs & Slovaks for Polish involvement in the 1968 invasion. I felt that a historical circle was being closed: the ideas of the Polish March and the Prague Spring, the ideas of our mountain meetings, were becoming political facts. Three months later, the Velvet Revolution began in Prague.

The main difference between the Prague Spring and the Velvet Revolution was that the former was mostly the work of Communist Party members and others who wanted to bring about “socialism with a human face.” As a result, some people dismiss the Prague Spring as a power struggle between communists. Communism was attractive for the idea of universal justice & humanised social relations; a response to the great spiritual crisis after World War I and, later, to the Nazis’ genocide; and the conviction that Western dominance of the world was nearing its end.

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)
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IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
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 ...
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domain-b.com : IIPM ranked ahead of IIMs