IIPM’s Management Programmes

Going beyond the realm of ‘conflict resolution’...

2006-12-12T11:15:00.000-08:00

Year after year, as the Universities plunge into student elections (Kerala High Court Judgment notwithstanding) the criminal activities also shoot up in same proportion. It has been reported that the Lucknow Police investigating a murder in the campus on the eve of student elections were amazed to see the usage of AK-47 bullets. The Ujjain killing of a professor by some so called ‘student leaders’ has highlighted the need for regulating not just the political but also the ethical landscape of the student community in India. Any elections held at the Delhi University, for example, are contested on every possible plank with active usage of money, muscle and even divisive caste, regional & religious considerations. Needless to add, student politics is being actively used in the country as a short cut to make an entry into active politics. Going beyond the realm of ‘conflict resolution’, student politics is in fact actively nurtured and supported by political parties to gain a formidable support base within the student community. It must be strongly recommended (despite the opposition that such a move might bring from vested interests) that the present state of student politics displayed in the country needs to be actively discouraged. The way things are going on our campuses, future generations will suffer immensely.

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Source: IIPM, 4Ps, B&E

Pedal to the metal!

2006-09-19T22:36:00.000-07:00

Going down-hill isn’t really such a bad thing…

To tweak a phrase oft repeated and attributed to Sir Winston Churchill, most cyclists have nothing to offer except blood, toil, gears and sweat. Adventurous and guaranteed to get your drenaline pumping, mountain biking is the real deal on two wheels for those who love to tread the path less travelled. Mountain biking has evolved into the religion of choice for adrenaline junkies of the world, which explains why thousands will make the pilgrimage to the highlands of Fort Williams to pay obeisance to the UCI Mountain Bike World Cup Finals, to be held between September 9 and 11 amidst the scenic environs of the Aonach Mor in Scotland. With little else but a trusty sidekick and a hardy helmet as accompaniment, it is the arduous ardour and the uncertainty that inspires countless people to embark on an odyssey that traverses terrain while turning all known laws of gravity on its head as they make their own trail through woods and vale.

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Editor: Arindam Chaudhuri; Source: B&E and IIPM Publication

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TATA Group (IIPM: 4Ps Publication)

2006-09-01T14:49:00.000-07:00

Trust and value are two terms that have come to epitomize the legacy that is the Tata Group. But originality and innovation? Not two terms that one might have instantly appended a few years back to any similar institution. But with diverse interests spread over seven eclectic sectors, the age-old colossus has neither lost sight of “smaller” issues like ethics and value based management, nor has it compromised on the import of this whole section: innovation. So how does Tata take on the baton? No matter how many teething problems it had, the Indica shall forever be remembered as India’s first indigenously assembled passenger vehicle (till date, Tata motors stands in a club of one). The Indigo sedan was also added to that list, making these two an awes o m e twosome! The motor division was a l s o actively involved in the development of a two-cylinder engine for the sub 1-ton commercial vehicle Ace, incidentally ranked as the best commercial vehicle design by none other than BBC’s Top Gear. In fact, the Tata group has mirrored a similar approach in almost all its businesses. From being one of the lowest cost steel manufacturers in the world, to selling steel directly to consumers through its Steel Junction, the group is effervescently growing. But the most impressive innovation that Ratan Tata has implemented in his group, and almost single handedly, is the astounding belief in decentralization and allowing every business within the group to run according to the vision of the particular businesses CEO. TCS, Tata Steel, Tata Motors etc are but examples of what innovative decentralisation and belief in the competence of people can achieve for an organisation... Unbeatable success!

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Editor: Arindam Chaudhuri

Source: IIPM Publication

What’s a girl? :: IIPM Publication

2006-07-18T23:18:00.000-07:00

With a 1000 to 600 sex ratio, Punjab will soon be asking the above

Decades of sex determination tests followed by female foeticides have finally caught up with Haryana. Men are paying for the falling sex ratio as their craving for boy babies has lead to a bride shortage. This bride famine has resulted in unusual and socially unacceptable solutions like fraternal polyandry, in which one ‘wife’ is shared by several brothers! The experiments such as these have their own repercussions. Already, there have been cases of female fratricide – murders that were provoked by sexual jealousy or rivalry. This has also given rise to a host of other social issues in terms of determining the father when the child is born. According to The Indian Medical Association, around five million fetuses are aborted each year. In some northern areas, the male:female ratio is 1000:793 in the 0-6 years age group. Shockers, in some areas of Punjab and Haryana, this sex ratio dips to as low as around 600 girls to a thousand boys. If the sex ratios dip even further over the next decade and the disparity grows, perhaps a pleasant sight could be the advent of interstate and inter-religion marriages; and perhaps a reverse dowry system where parents of the bride get rewarded for marrying off their daughter. But these excuses stand no chance in justifying this quasi-‘woman slaughter’. India has to change.

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Source: (Business& Economy), IIPM; Editor: Arindam Chaudhuri

IIPM Publication: Redmond-based giant Microsoft

2006-06-21T23:26:00.000-07:00

But now, look at the Redmond-based giant Microsoft. A behemoth whose tools to its credit are so popular (and expensive) that people have continuously tried to hack, copy and pirate it. But Gates introduced an anti-piracy programme to counter the illegal MS Windows versions. In fact, on July 5, 2006, Microsoft ’s Windows Genuine Advantage global initiative would complete a year; in India, the drive was launched recently on June 1, 2006. The plan includes a most innovative ‘pirate-software’ notification service. This is a pop-up that appears on the PC running counterfeit Microsoft soft ware alerting a user that he/she is a victim of software piracy. Of course, if one decides to ignore the alert, their ‘illegal’ versions will not be privy to non-critical updates.

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Source: Business& Economy, IIPM , Editor: Arindam Chaudhuri

IIPM EDITORIAL >> Virgin Airways changed the way people travelled

2006-05-23T22:27:00.000-07:00

In 1987, he became the first person to cross the atlantic ocean in a hot air balloon. It is the streak of adventure that shows itself in the fun way that Virgin operates and that sets it apart. Virgin Airways changed the way people travelled, with the introduction of in-flight massages and other fun elements like provocative slogans. Rarely seen in a business suit attire, at one time he was known for his oversize pullovers, which he later discarded. Branson was knighted in 1999, and presently lives with his second wife, Joan Templeman, and two kids. In 2004, he embarked on yet another outlandish project, called Virgin Galactic, which is a space tourism company and intends to take travellers to space by 2007 on tickets priced at $200,000. If ever you needed a knight to save your souls, Branson would be a great choice, and a virgin one for that.

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Source: IIPM Editorial

Railway Stations in India (IIPM Editorial)

2006-05-10T03:51:00.000-07:00

It is true that railway stations in India are more like open prisons. Barring the fit male, everybody else has a tough time negotiating the crowds, barriers, stairs, and platforms before jostling their way to a berth. Access is unfriendly, seating is non-existent or hard as nails, washrooms are a desperate need, and so on. The atmosphere is hostile, and people corrupt. All this makes Lalu’s modernisation attempts quite welcome; and most highly appreciated as one must not forget that this focus on passengers is despite the fact that almost 80% of revenues of Indian Railways is contributed by freight. Well, Lalu is very intelligent; freight never earned anybody votes, did it?

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Source: IIPM Editorial

Reasons enough to try to end the American policy, no doubt.

2006-03-28T23:24:00.000-08:00

Yet, the alternative the United Nations controlling the net appears to be a cure worse than the disease. Over the last 50 years or so, virtually everything that the UN has attempted has led to the creation vast bureaucracies that haven’t solved any problem from conflict resolution to poverty eradication. In fact, the UN is a vast and bloated bureaucracy that seems to be a self-perpetuating game for ‘career’ officials in the UN. In most cases where the UN has intervened, the situation on the ground has usually turned for the worse because a conflicting babble of voices virtually paralyses the UN when it comes to taking hard decisions. Policy makers across the world must come up with a better solution. Handing over control to United Nations could end up crippling global business.

Source: IIPM - Business & Economy

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Business Journal - IIPM

2006-03-21T01:46:00.000-08:00

Today, however, with no effective constraints to fiat money creation, Mr. Bernanke’s helicopter will surely fly around the clock to ensure money is matched to prices instead, and that the Keynesian illusion continues to hold us enthralled in its Matrix for as long as possible.

Source: IIPM - Business & Economy

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IIPM’s Management Programmes

2006-03-15T23:03:00.000-08:00

IIPM – B&E Magazine

With per capita incomes increasing, and India being one of the top-growth sectors for the retail market, rather than institutional markets (to which VSNL caters), it is the retail market that is the king. For Tata, this Idea – and Indicom – should change their lives.

Source: IIPM - Business & Economy

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Some of these trends also have to do with the nature of modern technological change, which seems to favor capital and skilled workers disproportionately. But, regardless of their cause, rapidly growing inequalities are a powerful force for instability everywhere, from wealthy America to rapidly growing China to reform-challenged Europe. “A rising tide lifts all boats,” conservatives like to say. Fine, but what happens to people, like the poor of hurricane-struck New Orleans, who don’t own boats?

Source: IIPM - Business & Economy

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