Showing posts with label Arinadam Chaudhuri. Show all posts
Showing posts with label Arinadam Chaudhuri. Show all posts

Wednesday, September 05, 2012

Rahul’s new equation

Bollywood ain’t keeping Rahul busy anymore, for the suave gentleman seems to have found better use of his time. Away from tinsel town, Mr. Iyer knows he can do more than just entertain. For this star of Indian art-house cinema, Equation (an auction for equality) is his new pet that’s keeping him busy on Twitter, posting updates on his new goodies. So, if you wish to own Abhinav Bindra’s rifle, Roger Ferderer’s signed shoes, or Leander’s racket, you know where to look.


Source : IIPM Editorial, 2012.
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IIPM : The B-School with a Human Face

Wednesday, June 30, 2010

Killer roads take a toll

Experts attribute road accidents to overspeeding

Some twenty-five passengers were injured when a bus collided with a truck on the NH 31 at Pathsala in Barpeta district on the night of May 16.

Nearly fifteen schoolchildren were injured when a school bus (AS 15-1616) fell into a ditch on May 22 at Burah in Darrang district.

Local dailies in Assam unfailingly reports about such road accidents. According to government statistics, during the past one decade road accident cases have doubled in the state. In 2000, some 2,429 road accident cases were reported. But the figure increased to 4,869 in 2009. Accidental deaths in 2009 were 1,991 as against 1,032 in 2000. In comparison to all India level, Assam shares 44 per cent of accidental deaths.

In Guwahati city, some 626 motor accident cases took place in 2007; 626 in 2007; 641 in 2008 and 508 in 2008. Among districts Sonitpur registered a maximum 363 accidental cases in 2009. Lower Assam’s Dhubri district and Barak valley’s Cachar district stood second and third with 346 and 306 accidental cases. Out of 4,686 accidents taking place in the state in 2008, as many as 2,683 accidents took place on national highways; 849 were on state highways and the remaining 1,151 on other roads of the state.

City Superintendent of Police (Traffic) Bibekananda Das told TSI that the traffic branch of city police is compiling last five years’ data of road accidents to study them. Only after completion of the process, decision could be taken to prevent accidents, the newly appointed SP (traffic) said. Traffic experts attribute road accidents to overspeeding and even increasing cars on the roads. “Untrained drivers, fake licence holders and absence of civic sense among people are also responsible for increasing number of accidents,” Violet Baruah, SP (CID) told TSI. The problem is further compounded when some drivers don’t obey traffic rules, she said.

According to the rule, mobile phones should not be used during driving and seat belts should be fastened, but only a few people obey them. Drunk driving is also responsible for several road accidents in the state.

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, June 11, 2010

HEART IN THE RIGHT PLACE

From a no-cost hospital to a super-specialty medical facility for the poor – retrenched workers of a sick steel company in West Bengal have masterminded the impossible, writes Chandrasekhar Bhattacharjee
It is a low-cost hospital where humanity breathes in all its glory. At the helm of affairs are a bunch of workers who lost their jobs when the sick Indo Japan Steel Company in Belur, West Bengal, downed its shutters for good.

Swami Vivekananda’s famed Belur Math is just a few meters away and those who run the Shramajeevi Hospital are clearly inspired by the great man’s words: “Who serves people serves God”.

The Shramajeevi Hospital has had a deep impact. Ask truck driver Umashankar. He was in danger of losing both his legs after a speeding car hit him in Durgapur in the early 1990s. At the NRS Hospital in Kolkata he was told that his legs, which had six cracks, would have to be amputated. But in Shramajeevi he was treated for two months and his legs were back to normal. His total bill was Rs 8,000. Umashankar is back at the wheels.

Mohammad Mehyor, 14, had his oesophagus severely damaged after he consumed hazardous acid while working in a factory. Wheeled into the hospital a few days later, his life was in danger. Doctors replaced his oesophagus with a piece of his large intestine. He is 21 today and leading a normal life.

A bypass surgery at this hospital costs no more than Rs 25,000 while private hospitals in Kolkata and elsewhere charge at least Rs 1 lakh. “The heart operation unit started about four years back and has already performed 300 bypass surgeries. At least 20 of these operations have been done completely free of cost,” said Dr Anil Saha, secretary of the Belur Shramajeevi Swasthya Prakalpa Samiti.

he Samiti now plans to build a 500-bed super-speciality hospital at Belu Milki village near Singur to serve lakhs of poor and working people. The new project is being envisaged as something more than just a hospital.

In the process of building the existing hospital, the workers were led by the sole union. It had no political affiliation. In the early 1980s, the secondary steel factory was in the throes of a crisis and went through a cycle of closures and re-openings. “Our neighbours helped us a lot during that period. But once the factory reopened, we would forget their good deeds, said Phani Gopal Bhattacharjee, the mentor of the hospital.

It was to repay the kindness of the neighbours that the workers of the factory came up with the idea of a free weekly medical check-up for the poor. The exercise began in 1982 in a Hindi primary school. “We soon expanded the scope of the operation to include eye surgery camps and minor surgeries,” said Bhattacharjee.

Junior doctors, who were agitating at that point against the authorities not for better wages but improved medical services in government hospitals, stepped forward to help the workers realise their dream of providing affordable healthcare to the poor.
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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Wednesday, April 28, 2010

Sania-Shoaib is no big deal

Mix and match
Sania-Shoaib is no big deal. marriages between Indians and Pakistanis are a common phenomenon though it is now on the decline for obvious reasons, writes S Khurram Raza

Former Pakistan cricket captain Shoaib Malik and Indian tennis ace Sania Mirza are now man and wife. The hullabaloo, intrigue and suspense are over. The dust has settled after many twists and turns. Hopefully, the saga that played out morning, noon and night on national television will now recede to the background and the young couple will finally be allowed to get on with their lives – and we with ours.

But questions still remain: is it game, set and match for Sania? Or, is there another double fault awaiting her somewhere around the corner? For one, Shoaib’s cricket career is in a bit of a limbo: he is currently serving a one-year ban imposed by the Pakistan Cricket Board (PCB). He has lately been in the news more for his off-field activities than his on-field performances. So, will this marital liaison lead to a happy, ever after partnership or will it run aground like the sporting careers of the twosome? But when Cupid strikes, such questions, despite the obvious political, social and class issues at play in this affair of the heart, become wholly redundant.

This cross-border marriage between two sportsmen is the first of its kind in this part of the world. In the mid 1980s, long before 24-hour news television became an inseparable part of our lives, dashing Pakistani opening batsman Mohsin Khan, who also had a brief stint in Hindi films, married Bollywood actress Reena Roy amid a great deal of fanfare. The two have separated since. Mohsin now lives with his second wife in Pakistan while Reena Roy is in India with her daughter, Jannat. Ironically, Mohsin has advised Shoaib and Sania to be wary of the media. But away from the glare of the spotlight, many cross-border couples have over the decades gone about the business of making a success of their marriages. It is a common phenomenon although it is in decline today given the present climate of distrust between India and Pakistan.

Many Muslim families in north India got divided during the Partition. While some members of a family left for the newly carved-out nation abandoning their brothers and sisters in India, others refused to budge even as history cleaved the subcontinent into two parts. These divided family members continued to remain in touch with each other, eventually renewing their bonds through marriage between relatives and acquaintances across the LoC.

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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Monday, April 26, 2010

Crime and Punishment

Death-row prisoner seeks court’s permission to sire child

A married couple, who got a death sentence and life term, has filed a petition in the Punjab and Haryana High Court seeking conjugal rights within the prison so that they could give their family an heir.

The couple has been incarcerated in the Patiala Central Jail since 2005 separately. It was only after eight months of their marriage that they were arrested on charges of kidnapping and then killing a 16-year-old schoolboy. Jasvir Singh and Sonia of Hoshiarpur got married in their early 20s. They were a happy couple, but Jasvir was a greedy man who wanted to earn quick money. He decided that the best way to make a fortune was to kidnap a rich boy.

He zeroed in on a wealthy trader Ravi Verma’s only son Abhi Verma. Jasvir was helped by his friend Vikram to commit this heinous crime. They kidnapped the young Abhi and then demanded Rs 50 lakh as ransom money. When the amount did not come, Abhi was given a heavy dose of sedative. He never recovered from it and died. It was after this that Sonia stepped in. She helped her husband in disposing of the boy’s body. They thought that they would not be spotted. But they were busted.

After deliberating on the case, the court gave them death penalty. However, the Supreme Court while upholding the death sentence of Jasvir and Vikram converted the death sentence of Sonia into life imprisonment on the premise that she acted under the pressure of her husband.

Gursharan Kaur Maan, counsel for the couple says: “Both have asked the court to allow them conjugal rights in the jail. This has been allowed to prisoners in many developed countries.” But Jeevan Garg, superintendent of Patiala Central Jail, doesn’t agree with her. He says: “We have no such precedent. So far, we have not received any instruction from the seniors.” Lawyer Maan is not ready to budge. She argues: “In their case, the demand is not for personal sexual gratification. Jasvir is the only son of his parents and they wish to have a child to save the lineage.” The issue that has grabbed headlines across the country has divided society. Some people are fiercely opposing it.

They say child killers should not be allowed to have a child as the crime strips them of their civil rights. However, others argue if the purpose of punishment is to reform the culprits then they should be allowed conjugal rights for the sole purpose of having a child. All eyes are on May 24 when the Punjab and Haryana court hears the case. A positive judgment may have a long-term impact on prison laws and human rights in India.

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, March 04, 2010

Jumbo-Size Shoe to Ease Pain

Kuntalini’s new Rs 1,500 shoe is the talk of the town

Kuntalini, a kunki-trained elephant of Jaldapara Wildlife Sanctuary, which comes under the Cooch Behar Forest division in West Bengal, is the centre of attraction. The 52-year-old female elephant struts around the area, wearing a shoe on one of its legs. The huge shoe is strapped up with white cotton ribbon. A close look shows “specially ordered” inscribed on it.

Kuntalini is not wearing the shoe for fashion. But when veterinarians failed to treat its injury, they suggested that the tusker be made to wear a shoe, so that its footpad injury could be protected. And this has helped the animal from further hurting its wound. The “hardworking forest employee” as it is called by forest workers was injured a year ago. Sources say that the elephant had stepped on a sharp piece of deer horn while patrolling the area. The injury was not life-threatening, but it led to profuse bleeding. Despite officials administering medicine on it, the wound did not heal. Besides, whenever Kuntalini was taken to the forest for work it used to hurt its footpad.

It was then that the sanctuary’s vet came up with the idea of a shoe. And a range officer of Jaldapara east was convinced. He managed to design the shoe for the elephant in two days. Help of a local cobbler was taken to make such a huge shoe. Made of hard leather and adhesive, the shoe is 130 cm in radius and 20 cm in height, weighing only 532 grams. Also, rubber is pasted on it. The unbranded shoe costs only Rs 1,500. At least two forest workers helped Kuntalini wear this shoe. To make sure that it doesn’t come off when the elephant walks, the employees tied it up with cotton ribbons. A senior forest official said: “We are still monitoring the elephant. Once we are confident, it will be allowed to petrol the forest. Kuntalini was lucky to survive. But there were others who couldn’t survive their injuries”. Another kunki-trained elephant Shakuntala in north Bengal forest had died of its wound. Veterinarians did their best to save it, but they failed. The elephant had sustained an injury while it was roaming in the forest. According to some sources, Shakuntala had hurt its right paw from a sharp nail. Initially, medicines and herbs were applied on the wound. But when it didn’t heal, the veterinarians operated on it. However, its condition started deteriorating and the wound never healed. After some days it died. Perhaps its death forced the forest officials to think differently this time.

Forest officials said: “This is for the first time in the world that such a shoe was made for a domesticated elephant”. But, earlier too, a female elephant Radha was made to wear a shoe in 2007. However, Radha was not manning the forest. Her shoe was gifted by one Raju Sagar, a devotee of Lord Ganesha.

While talking to TSI over phone, elephant expert Parbati Barua said: “This is an extraordinary step taken for an elephant. In Thailand, elephants are made to wear socks to save them from infection”. Forest department officials are mulling a proposal to use such kind of shoes for elephants that guard the sanctuary with a purpose to save them from injury. But Barua is unconvinced. She said: “This shoe or shoes are not natural thing for these Big Bosses (elephants) of forests. They have to be accustomed with it. If such a decision is taken, then officials have to make sure that they monitor the animals and sterilise their shoes.” Kuntalini was rescued from Sonpur Mela of Bihar in 1962. Since then, it has been patrolling the forest to protect other animals from the poachers. The forest is close to the Bhutan and Bangladesh border and poachers throng the area for their victims.
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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Outlook Magazine money editor quits
Don't trust the Indian Media!

Friday, February 26, 2010

Friend or President

Obama’s concern over his remarks & speeches came true...

It was a debate of yesterday. It is still a debate of today and would remain so even for tomorrow. And most horrifyingly, racial profiling seems not to leave President Obama either. His recent comment on Prof. Herny Gates’ (no, he has no relations with Bill Gates!) – who incidentally is also a friend of the president- arrest had resurfaced the racial profiling issue and has brought enough criticism as he called the act by Sergeant James Crowley ‘stupid’. For the uninitiated, James Crowley, who is a police academy expert on racial profiling, went to Professor Henry Louis Gates’ home near Harvard University last week to investigate a report of burglary and demanded Gates show him identification. Police say Gates at first refused and accused the officer of racism. Gates was charged with disorderly conduct. The charge was later dropped and Gates has since demanded an apology from Crowley. On this, Obama literally went overboard and commented that, ‘…the Cambridge police acted stupidly in arresting somebody when there was already proof that they were in their own home…”. He further said that, “…there’s a long history in this country of African-Americans and Latinos being stopped by law enforcement disproportionately. That’s just a fact.” It seems that most of the ‘Whites’ of the US took this comment personally, especially those who are close to media.

However, a deep analysis would clarify why Obama isn’t wrong. America has a long deep-rooted history of discrimination. It is a land where women witnessed discrimination and were not allowed to vote till 1920 (they were allowed only after the passage of the Nineteenth Amendment to the constitution). Blacks’ struggle for their rights is no more a new and jaw-dropping story. Going by the data of the US Department of Justice, by the midyear of 2008, 4,777 black male inmates per 100,000 black males held in state and federal prisons and local jails, compared to 727 white male inmates.

Talking about health, blacks experience disproportionate burden of health diseases, injury and death. Researches show that in 2002, non-Hispanic blacks who died from HIV were approximately 11 times as many age-adjusted years of potential life lost before age 75 years per 100,000 population as non-Hispanic whites. National Urban League’s 2006 annual report revealed that out of 5,80,000 black who are serving sentence in prison, mere 40,000 males complete a bachelor’s degree. Nearly 70% blacks in prison never completed their schooling. Likewise in a 1994 Department of Justice survey of felony, it was found that blacks were more likely to receive prison sentences than whites. As per federal death penalty data released by the Department of Justice between 1995-2000, out of those 682 defendants (for death penalty), the defendants were black in 48% of the cases, Hispanic in 29% of the cases, and white in only 20% of the cases. Following the trend, a study by Wake County, North Carolina found that African Americans had bail set 18% higher than whites charged with similar crimes.

Even in terms of earnings, researches show that in 1964, African Americans’ income was 58% of white people’s income. In 1991, African Americans’ income was just 57% of Whites’ income. Moreover, there is sheer discrimination at the top level in the US army as well. As per the recent data, while 62.7% are Whites in the US army, blacks consist of around 20%. But in the commissioned officer level, merely 12.4% Blacks are holding positions while 73% are occupied by whites. More strikingly, racism was witnessed in America more clearly during the 2008 presidential election. Obama won the support of 95% black voters. When it came to white voters, 43% voted for him while 55% voted for McCain.
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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Outlook Magazine money editor quits
Don't trust the Indian Media!

Wednesday, October 21, 2009

Milkha Singh - A Super athlete of rare mettle - IIPM News

Milkha Singh is one of the most extraordinary athletes of our times., The title of 'Flying Sikh' was given to him by Pakistan President Ayub Khan in the 1958 Tokyo Asian Games. He was the star of the 1960 Rome Olympics. After clocking a world record 45.8 seconds in the 400 metres preliminaries, Milkha finished fourth in a photo-finish in the final. This was to haunt him all his life. When shooter Abhinav Bindra won Gold in Beijing last year, the Flying Sikh exclaimed “He has won the gold I had lost.”

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Source :
IIPM Editorial, 2009

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

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Delhi/ NCR B- Schools get better
IIPM fights meltdown
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Wednesday, January 28, 2009

ARE YOU TAGGED?! - :IIPM-News:

Those marketer’s are clever dudes... But here’s how businesses track competition via SNSs and hey, your HR heads are using them too

If Roosevelt was the first Radio President and JF Kennedy the first television President, then Barack Obama is undoubtedly the first Internet President that the American people have escorted into the White House. Not only did he swear allegiance to social media early in his campaign, but he also created a web-based rumour clearinghouse to ‘Fight the Smears’. Facebook and MySpace were Obama’s playing field during a long-drawn campaign that levelled rival McCain’s bid to the Presidential post. But we talked about all that in the previous piece. What’s important to note here, however, is the fact that both Obama and McCain not just pushed their own brands on social networks, but also went to great efforts to track each others moves on popular social networking sites, including their own social networking sites viz. Mccainspace.com and My.Barackobama.com respectively. To their surprise, their special ‘tracking the rival’ teams discovered that coveted research about voter moods, opinion, leanings, issues, et al (which once required a set of proprietary quantitative tools to be accessed) could now be done via tracking Facebook ‘friend’ requests and network affiliations; or just by reading scrapbooks on Orkut and user comments on YouTube videos. And the rest, as they say, is history!

Clearly, for marketers, social media is not restricted to just reaching out to consumers, but also tracking and taking on competition. Take the Starbucks and Dunkin’ Donuts controversy that dominated social networks last month. The latter went the whole hog on Facebook, claiming that Starbucks had an inferior taste of coffee than Dunkin’ Donuts. They even developed a micro website named dunkinbeatsstarbucks.com to highlight a survey which said Dunkin’ coffee was superior to that of Starbucks. Worse, early last year, Starbucks bore the brunt of another Internet controversy when Oxfam Charity posted a video on how Starbucks ill-treats Ethiopian farmers. Starbucks countered the same with another video but the incident resulted in a major dilution of the coffee retailer’s brand equity.

Even Microsoft developed a MySpace style social networking site to promote its revamped Zune (portable music player) last year. The management thought that the social network could create a similar buzz around Zune, as rival Apple had managed to create with iPod. In this case however, Microsoft failed, as iPod had already captured the first mover advantage with consumers. Says Yogesh Bansal, CEO, ApnaCircle.com, “You will find numerous examples globally of how brands are leveraging social networking websites and emerging one step ahead of competition. The trend is already beginning to catch up in India.”

More importantly, messages posted on the web are normally there for long so any company can easily attack the brand value of its rival by putting up articles, videos, images or simply hiring youngsters to either track competition or spread their brand message around among communities. Jet Airways, for one, invests a lot of moolah in tracking competition on this media. Says Mahesh Murthy, CEO, Pinstorm, “For Jet Airways, we track competitive social media activities of airlines around the world, especially those with a presence around our destinations like San Francisco, Hong Kong and New York City, also around the Brussels hub,” adding that for another client (a large Japanese consumer electronics giant), his company constantly tracks online activities of youth brands. “We earlier tried to track other consumer electronics brands in India online but there weren’t too many, so rather than segment tracking, we are doing demographic tracking here,” he enthuses.

And here’s more food to chew on for all those who thought social networks are kid stuff and that no one really takes them seriously. From global consultants like Ernst & Young (E&Y) to dozens of call centres and eateries alike, social networking sites are prime spots to identify and recruit manpower. HR specialists believe it to be a more credible and reliable source of finding the right person for the right job. They even tag it as one step ahead of the popular employee referral programme. Ernst & Young, for one, employs as many as 3,500 college graduates using a career group on Facebook; the company also posts job information on the career group and answers individual questions from prospective employees.

“We hire a lot via social networking websites,” agrees Vikas Raj Sharma, COO, Akiko Callnet. In fact, seeing their rising popularity among companies, job portals like Monster.com have begun to feel the heat. Ajeet Chauhan, VP-HR, Nirula’s, even goes on to say that the “Response from print ads is poor as compared referrals & social networks.” Insiders aver that since it is tough to judge a candidate during a 15-20 minute interview, picking up executives from social networking websites adds the necessary authentication and insight into the prospective’s attitude (whether he’s a team player, positive, et al) of the potential employee. “The only challenge that remained untracked is that you cannot judge the depth of the talent of any candidate on the social network,” asserts Vidya .M. Iyer, HR specialist, Saita Consulting.

The most popular global professional network currently is believed to be LinkedIn, which has around 30 million active users. The network has seen tremendous growth in registered users over the past two years in India and companies are increasingly using LinkedIn for recruitments. Of course, the numbers are still small, but the rising popularity of social media for hiring is largely because of two reasons: one the cost factor, which is almost zero; and the second and more important – the large talent pool. “The industry is in a slowdown and suffering from a talent crunch. Also, insertion costs are very high in all other mediums,” agrees Rajkamal Gupta, VP-HR, Lurgi India.

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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Friday, July 18, 2008

Tata Motors and Maruti wish to do

GM, the world’s largest carmaker, has two manufacturing units in India; Hyundai and Suzuki, undoubtedly the world’s most ingenious small-car manufacturers, intend to make India their global or regional hubs for compact cars. The two are reportedly working on products that will specifically appeal to the Indian market, and also sell in the global markets. When asked about his company’s commitment towards India, Gyaneshwar Sen, GM (Marketing), Honda SIEL, says, “Off course, I think our actions show our commitment towards India.”

Explaining further, Sen adds that there are three factors that prove it. First, Honda has launched the latest global models in India. Second, the car company has increased its capacity from 65,000 to 100,000 units a year. In addition, once its new plant in Rajasthan is set up, the annual capacity will more than double immediately to 160,000 units, and later to 200,000 units. Third, Honda plans to launch a globally-sold premium compact model in India soon. Now that will add to what Tata Motors and Maruti wish to do.

Stating his confidence in India, Emmanuel Bulle, Director, Fitch Ratings, says, “India can indeed become a major player in terms of sales and manufacturing. I think that in the medium to long term, the growth looks positive.” In fact, global players who figured out India’s potential a little late now wish to enter the market through indirect means. In order to avoid delays, Renault has entered the market with M&M, and Nissan opted for a contract-manufacturing tie-up with Maruti. Simultaneously, M&M, Nissan and Renault have come together to open a manufacturing base in Chennai. Adding to this buzz is the fact that all the existing plants are operating at full capacity, and each one of them is planning to increase capacity via greenfield or brownfield expansions. After Mercedes Benz, BMW entered the manufacturing fray, and now VW is mulling over its plan to set up a base in the country. The additional advantage about India is that it has a huge domestic market. According to several studies, most emerging nations, which have become manufacturing hubs, have ridden on the domestic sales wave.


There were exceptions like the East Asian tigers, but the recent trend is more towards grow locally, spread globally. Listen to some of the excited voices on what can happen in the Indian automobile market. Says Wilfried Aulbur, CEO & MD, Daimler Chrysler India, “I have been to India a number of times and had the opportunity to see things change. Now India has express highways and people want cars for travel, performance and style. We have undertaken initiatives to promote the Mercedes brand name in India on the international lines.” BMW’s Kronschnable is convinced about India’s prospects as a market for expensive cars. He simply points out to the fast-changing Gurgaon skyline that can be seen from his office window. Jigar of Parag Parikh observes, “Global auto companies are looking at India as a potential market per se. India certainly is like an oasis to those who are feeling deserted with low growth & rising costs.” And according to Audi, “India’s luxury car market has tripled over the last five years; the current growth rate is around 12% annually. Consumer demand in India mirrors our global philosophy.” Considering India’s phenomenal growth as a component manufacturer, with annual sales of over $10 billion, the country’s auto industry has no qualms in dreaming big. Despite government’s interest rate interventions, the total passenger vehicle industry grew by a staggering 14% (Apr-Nov 07). Moreover, a global leading research firm RNCOS predicts that during 2007-08 to 2011-12, car sales will increase by an average of 12% annually. Moreover, India has the locational advantage to build for export-oriented factories as one can serve markets in East Asia (and Japan) as well as Europe.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Tuesday, July 08, 2008

Vying for VAIO…

Vying for VAIO…
Inspired by the fashion trends of late, Sony India brings to you a palette of colours – the new CR series comprising an uber-hip range of colourful notebooks. The VGN-CR11GH (P/L/W/R) model is available in Aroma Black, Beauty Pink, Indigo Blue, Pure White & Blazing Red to help you express your unique and distinct personal style. Now beat the office blues with these unmatched hues! Price Rs.54,990.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Monday, July 07, 2008

Tailoring to perfection. That’s his style!

Group Exec. President Textiles, Aditya Birla Group
Tailoring to perfection. That’s his style!

Heading the textiles division at Aditya Birla Nuvo Group, Vikram Rao has ‘been there, done that’ when it comes to textiles. He started his journey in this company in 1999, post a stint at Arvind Mills. Besides being on the board of directors at Aditya Birla Nuvo Limited, he is also the Chairman of the CII’s task force on textiles for Karnataka? Due to his exceptional achievements & invaluable experience in the textile industry, he was awarded the ‘Super Achiever Award’ by the Indira Group of Insitutes, Pune, in 2003. Talking about Rao, Abhijit Ganguly, Brand Director, Grasim Industries told 4Ps B&M, “He is an inspirational leader for all of us around in the company. In fact, he is an ideal boss for any youngster to work under. What makes him so very special is that he knows how to trust his team completely and that has given all of us huge opportunities to take risks and achieve much more than what we are capable of...” Under him, the company has improved its overall position in the domestic market also fuelled by the current growth in retail industry. ‘Ah! Just plain luck’ you might say, but fortune only favours the brave...Right?!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Friday, July 04, 2008

Does she make the sensex dance to her tunes, or what?

RENUKA RAMNATH...MD & CEO, ICICI Ventures
Does she make the sensex dance to her tunes, or what?
Amidst ICICI Bank’s flush gang of girls, she’s arguably sitting on the hottest seat of ’emall. With private equity falling apart globally, and increasing interest of global investors in the greenfield Indian market, Renuka Ramnath, the backbone of ICICI Ventures is in the thick of action. Even as the Indian equity markets continue to soar, the lady knows that she’s treading a fine line. But it’s tough to even catch a trace of those worry lines on her benign, smiling face. An engineering graduate and a MBA in finance, during her two decade long career with the bank, she has spearheaded various business initiatives– Corporate Finance and Equities business at ICICI Securities, Investment Banking, ICICI Eco-net Limited – to name a few. As head of India’s largest private equity fund, to her credit Ramnath has brought tremendous innovation to India’s private equity landscape; apart from spotting the opportunity in several of the country’s most happening startups today, including Air Deccan, TV Today & Naukri.com. Unfazed by her success, Ramnath is relentlessly pursuing a futuristic approach, making planned moves, hedging her bets carefully and making myriad investors richer and happier...

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Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Thursday, July 03, 2008

Creativity and freedom breathes

They had a billing of Rs.23 crores last fiscal. Just last month they bagged the key account of Addo Battery. Says Das, “Addo Battery has a footprint all over India. As part of our strategy to compete against Exide, we have roped in Kapil Dev as the brand ambassador as he has a lot of mass appeal and since the product is performance led.” Not one to follow tradition, the agency never thinks twice before taking on clients from off beat sectors too. One of its client is an organic store based in southern India called 24 Letter Mantra, “We undertook a 360 degree marketing technique in order to give shape to the store. Right from the name, logo, shop design and communication strategy – everything has been conceptualised by us.” Little wonder that clients don’t treat the agency as a vendor, but as a partner, where there is no room for dictating terms or domination by either side. With creativity as its core competence, the agency is aptly summed up as a ‘circle of imagination’ by Das and why not when Oxygen started as a creative shop and not just as an advertising agency. Explicating the reason behind christening the agency ‘Oxygen,’ Das says, “Advertising is like oxygen for any brand. You can sell a commodity, but to convert that commodity into a brand, one needs advertising.” The agency boasts of a young & dynamic employee force, with commitment to creativity.

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Source :
IIPM Editorial, 2008


An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Oxygen for survival!

Creativity and freedom breathes in the midst of yellow and green hues...
South Delhi’s posh South Extension. Now that’s an address to envy. Travelling through the deadly Delhi traffic in sweltering heat we finally reached the office of Oxygen Communications, only to find the soothing yellow-green office in utter chaos. Oxygen Communications was shifting its office to a bigger premise in a prime location. Still the agency’s head honcho had taken out time to meet us. Now that’s what we call professionalism. In 2002, the agency started operatin on April Fool’s Day. But the agency did not believe in fooling around, and within a year bagged the prestigious account of Havell’s, which even after four years is still the shining star in Oxygen’s horizon. Speaking to 4Ps B&M, Tarun Das, Director, Integrated Ideas, Oxygen Communications, says, “Working for Havell’s, has been like a case study for us. When we began working, it was an emerging company, poised for growth. We worked for their entire portfolio and mended the fragmented perceptions and helped form a solid & reliable perception of the brand.” Despite being a Delhi based agency, Oxygen has a client base across the length and breadth of the country. The agency boasts of big names like Revlon, CII, Lakhani Shoes, Auto Expo, Absolut et al in its portfolio.

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Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Tuesday, July 01, 2008

If nothing works...

...change your name! UTI shows the way
The father of all name changes just ‘happened’ and you didn’t even know about it! Or maybe you did! While all other banks were opting for financial restructuring to meet Basel-II norms, the erstwhile UTI Bank has opted for a brand restructuring. However, this entails just a change in name that was borrowed 13 years ago from UTI AMC; a ‘name-usage’ license which was due to expire in January 2008. Therefore, to avoid the public sector bank connotation that it carried and to levy off the royalty expenses that were to fall on the fifth largest bank in our country, UTI Bank recently rechristened itself as Axis Bank. Company officials told 4Ps B&M, “The decision to rename the bank emanated from the need to move out of a scenario of brand confusion that was being created by several shareholder-unrelated entities using the UTI brand.” The bank has communicated the name change through internet, ATMs, et al and TV commercials that show two cute twin sisters stating, “Everything is the same except the name.” Explains Sarika P. Lohra, Banking Analyst, Angel Broking, “This is a positive move and will give the bank a global appeal and international presence that they were looking for.” For information, in 2006, Indian banks have really tapped international markets. With a presence in 21 countries, Bank of Baroda’s international business grew at 70%; ICICI Bank’s NRI remittances hit a record high of $5 billion. Let’s hope the name change helps UTI achieve similar targets. What did you say? Axis?

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IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Yamaha? Who Yamaha?

50% dip in sales in Jan ’07; what next...
The sheer mention of the name ‘Yamaha’ induces a feeling of excitement and enthusiasm among the bike-lovers around the world. Yamaha ostentatiously stands at the number two position in the twowheeler segment and number one in the scooter market all across the world. Though Yamaha came into India long back in the mid 80s, it still hasn’t been able to mark a dent in the ever growing Indian markets. It doesn’t come as a matter of surprise that Yamaha’s market share in the country is pitiably low at 3%. The company, whose initial foray with its model RX100 was good, got hit badly in the four-stroke market. According to Ishikawa, MD, Yamaha, “There was a gap between what the Indian customer wanted from us and in turn what we gave them. The company got caught in the volumes game.” Yamaha, after suffering losses since 2001 in India, saw a tremendous dip in its sales figures by 50% in January 2007. Claiming a restructuring drive, Ishikawa asserts, “Our target segment (now) will be niche to begin with... We will position our product as a fun bike, a lifestyle product; not a utility product.” Yamaha’s got John Abraham now for the ‘youth’ punch. Will this see their fortunes reversing? Hmm, let’s not ask John yet!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Monday, June 30, 2008

Think Pink (Marketing to Women)

Men may be from Mars, but smart marketers now know that it is the species from Venus that calls the shots in purchase decisions...

The year was 1929. The man was called Edward L. Bernay, considered by many as the father of public relations. The Easter parade was about to be staged on Fifth Avenue. This was also the era when women did not smoke much in public. Before the parade, Bernay alerted the newspaper that women would be smoking in public to promote ‘equality of sexes”. Suddenly, everyone was excited & wanted to cover the event. What Bernay told no one was the simple fact that he had been paid for this effort by American Tobacco, the maker of Lucky Strike in their effort to encourage women to smoke. It was one of the most famous marketing moments of its time.

Recently Dell’s marketing representatives met Oprah and showcased their products on her show. Its Pocket DJ and 30 inch LCD TV featured on Oprah’s Favourite Things 2004 shopping list. About 70% of Dell’s plasma sets were sold in weeks after the list appeared on Oprah’s show. Twenty years ago, probably women were just considered as “add-ons” by marketers, with no major decision making roles. A recent survey in America revealed that women now account for $55 billion of $96 billion consumer electronic market (in 2003). With more and more women joining the workforce their purchasing power and decision making power both are increasing. What’s interesting is 25% of these women make more money than their husbands or boyfriends. So marketers are now being forced to give them a long hard second look and formulate plans and strategies to rapture this fast growing market.

Pretty in Pink
Women today are buying more electronic gizmos than men. What were earlier referred to as “boy’s toys” are no more the sole domain of men. Companies are going back to their design tables; reworking and revamping their products as they get to know the female consumers better. Gone are the days when Gillette wanted to target their razors to women, they just colored them pink. Today, that’s not enough. A woman knows what she wants and if you want the green bucks to keep coming, you gotta give her what she wants. No wonder Camel cigarettes are now available in packages of hot pink fuchsia and minty green. They know their customers would “walk a mile for a Camel” (the famous tag line of Camel cigarettes). They also know many of them would be wearing stilettos!

Women are different & the one who recognizes that faster, benefits the most. As someone said, “When women are depressed they eat or go shopping. Men invade a country. It’s a whole different way of thinking.”

When the Lancer group of Canada wanted to market their luxury condominiums, they included things like a walk in closet, a laundry room, plenty of counter space in the bathroom for make up. What they didn’t include was a giant wide screen television. Their target was single women aged 21-45 years who were bothered about various other details of the house and definitely did not value a giant TV screen. Today marketers are getting into the skin of a women to understand what she actually wants and desires. One of them did what no one had done before. Kevin Burke, father of lucid marketing which specialises in marketing to moms actually wore a thirty three lbs pregnancy suit for nine months just to understand how a woman felt the experience. He sure was very serious about marketing to women! Tetley, Canada, has a created a special online site “Music Lounge” where women can download free songs for their digital music players and computers – basically they get to chill out the ‘Chai’ (Tea).

Diamonds no longer a women’s best friend

With more and more women on the streets, driving their own cars, the hottest selling gadgets seems to be the GPS tracking system. Most of these navigation devices are being bought by women. About 55% of GPS customers are women. Not just this, even car manufacturers are seeing a rise in the women customers. Hyundai Motors India Ltd has announced special loan schemes to lure the women. ‘Santro’ and ‘Getz’ are being portrayed as women friendly cars.

Harley Davidson, long a symbol of male pride launched a web site dedicated to women motorcyclists. They figured out that 10% of all the Harleys sold in 2003 were bought by women, as compared to just 2% in 1985. Back in India too, the two wheeler marketing segment is seeing a lot of action. Hero Honda has launched its ungeared scooter targeting the young women. Not just this, they have even launched a retail initiative called “Just for Her”. These women- only showrooms would be used to distribute its scooter “Pleasure”.

TVS has come out with accessories specially designed for the female rider and even an exclusive website Scootygals.com to sell this new accessory range. For bike manufacturers, the real growth lies in targeting the female users. The customer is the Queen for them! Women are a rapidly growing consumer force. If you are not including them in your marketing plan, you are putting your business at a disadvantage. When Home Depot (one of the largest retail chains of US) realised that most of the people who purchased a home in 2003 were women, they immediately included them in their business plans. Home Depot now regularly organizes classes targeted to women where they learn to use power tools, lay laminate floors and paint their own houses!

Ipod decided it was time to time to introduce iboxes for women too! Bharti Cellular has now a “Ladies Special Plan” which allows them to receive special beauty and lifestyle tips & also gives them special discounts on subscriptions of magazines like Cosmopolitan and Good Housekeeping, among others.


The new single woman

Today many women are choosing to stay single and are loving their independence, both emotional & financial. Marketers everywhere are doing whatever they can to attract this segment. New products & services are springing up to cater to this solo-lifestyle, like ready-made foods, investment services etc.

UTI has launched a Mahila Unit Scheme exclusively for women investors above 18 years of age. Indian Bank has introduced a loan scheme called “Swarna Abharna” to help women buy gold ornaments. Women live longer than men & insurance companies are leveraging it. They are coming out with policies to target this new independent woman. Working women need a smart wardrobe. They no longer want to wear pants designed for men. So brands like Allen Solly, Wills Lifestyle etc. have come out with a range of clothes to suit the tastes of this woman.

TV channels too have realised that it’s the woman who controls the remote. So she is the target for most of their programming. Women are from Venus About 80% of all household purchases are done by women. She is the “family’s purchasing officer”; she is shaping up the new retail trends. Thanks to their expanding purse-strings, they are changing trends. Women spend differently from men. They spend more on “home-improvement” goods and luxury, designer goods. Today’s woman is ready to spend more on a product if it makes her life more convenient. She doesn’t mind spending on a Jacuzzi for those few moments when she can actually relax. She doesn’t mind paying a premium price for an oven if it cooks meals faster & gives her more time with her family.

ily live a more affluent lifestyle. She knows it. Her power has increased. She controls what she earns. Its “her” money. Almost all the 100% growth in family incomes from 1970 to 2003 has come from woman’s income according to BusinessWeek Online. So if you are looking for expanding your market share, keep a watch on this new market of women which is growing fast & developing deep-pockets too. You want to increase sales – look at Venus – and think pink.

If you use a BPL mobile in Mumbai, the all working women get a special ‘concierge service” where you can get someone to run errands for you by simply making a call. Philips has now started jointly designing with Swarovski a unique range of products by making them not just functional but fashionable too- something that women are always looking for. Designers world over are coming up with designs to lure this creature from Venus. Some of them seem to be having great fun with it too. LG has come out with a no-water – no – detergent washing machine. A company has come out with a TV that you can watch while taking a shower. So you have to never choose between Oprah and Shower, for the TV is splash-proof. Hitachi now has a hair dryer which dries your hair and fights the germs in the air too. More power to Pink!

Copyright © :-Rajita chaudhuri and Planman Media

An Initiative of
IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Dress ed to Kill

He is 25 years old. He dropped out of Princeton University and now he is turning “worm-poop” into green bucks! Tom Szaky and his friend Jon Beyer started a company called TerraCycle Inc. The company uses worm waste to create plant food and the best part is it sells it in recycled soda bottles. Most of these plastic bottles are collected through a nation-wide recycling programme organised by the company itself. It’s got schools and churches to collect empty plastic bottles and milk cartons, which are used to package its products. They now even have neck-tags on these recycled bottles where you can put your first name and the state from where you collected your bottle. It’s this idea of such an innovative packaging that generated copious publicity for this company that it has hardly spent on advertising. It even showed what the company believed in and stood for. Body Shop had done a similar thing years ago. They encouraged customers to bring their old packaging back into the shop to be refilled and re-used or recycled. They did it at a time when no one else was doing it – and it spread a good word about the company, which is more powerful than any advertisement.

Packaging is the first tangible interaction a consumer has with your brand. If it’s powerful and creates an impact, then it’s the best way to differentiate your product from competition and even beat it. No wonder Coors Brewing Co. is relying on packaging to help boost its sales. The have introduced “Cold Wrap” bottles. A wraparound label on the beer bottle keeps the brew cold longer by reflecting heat from the consumer’s hand. Not just this, they even have an agreement with the packers, whereby, the Cold Wrap bottle will remain exclusive to Coors for “at least one year”. What a way to beat the heat and the competition!


New and innovative packaging always helps to create a buzz. Last year, Pepsi Co’s soft drink 7UP decided to get the excitement going high by introducing its drink in a new packaging and using Mallika Sherawat’s curves to up the enticement quotient. It suddenly made the brand both hot and cool. Coca-Cola too had to change the shape of its soft drink Limca if it wanted to remain in the race. This year it made its bottle curvier and called it the Limca splash bottle. They said, it gave consumers a better grip. It might even help Coca-Cola to retain its grip over the market!


It’s a new world

Today it’s a whole new generation that we are marketing our products to. This “millennium generation” or “generation why” is very different. Generation Y, according to Crispin Reed of Sterling Brands, is “...arguably the most savvy generation ever to walk the planet. It’s never felt the chill of the Cold War, never knew life without AIDS, learnt about the birds and bees from President Clinton, never went to library, wore designer kids’ clothes & can’t imagine a life without DVDs, AIMs, Internet & SUVs.” If you have to attract their attention, you need to make the right moves. Amul re-designed its packaging of ice-creams, cheese and shrikhand. NestlĂ© has changed its “Fruit n Dahi” to “Milkmaid Fruit Yoghurt” and packed it in a cup.

Great packaging changes a brand’s image instantly. No wonder, companies are spending more and more on packaging, year after year. The packaging industry itself is growing at an annual rate of 4-6%. The range of products being packaged is growing and getting more and more diverse. After all, everything is getting packed and ready-to-eat-off-the-racks.

Intelligent packaging has made life easier. Think of life without resealable bhujiya packets, wet wipes, travel kits of the various cosmetic brands, juices in tetra packs, Coke cans, salt & pepper dispensers of Catch and many more.

On the shelf...
There are so many developments in packaging which are now helping in increasing the shelf-life of the products. Processes like vacuum packaging or gas packaging are being used extensively. The shelf is also the place where your brand competes directly with the rival’s brand. Marketers are using packaging to make a statement on the shelf. Some years back Coca-Cola unveiled a 30-litre plastic bottle of Coke. It was 4 feet tall, weighed 274 pounds and required, on an average, three men to lift it! The logic? They said Americans like big things – big car, big stereo, big TV. So why not a big Coke! They did try to make the brand look larger-than-life!

Windows Vista and 2007 Office systems not only redesigned the software package, but also the outer packaging to make it look more attractive on the shelf – displays; apart from protecting the software inside for life-long use.

DVDs and CDs have seen so much of experimenting when it comes to packaging. Limited editions and collector’s editions are just ways of innovatively packaging the old discs to make them look attractive and encourage impulse buying.

Thanks to the “Wal-Mart culture” of retail chains and department stores, most of the purchases nowadays are impulse-driven and many-a-times it is attractive packaging that makes you reach out for the product. Not just this, packaging also increases the brand recall. So it’s imperative your product look good on the shelves.

Save our planet
With the effect of global warming already being felt, consumers are becoming more conscious and making more ecologically friendly choices. Wal-mart has even announced a rollout of a “green” rating system of the packaging used by its suppliers – in a bid to become more environment-friendly. All suppliers would be required to lower the amount of packaging that they use, by 5% and use more eco-friendly & recyclable products. Those who don’t, might lose their business with Wal-Mart!

In today’s world, packaging even makes a statement about your commitment to the planet. Today it is no more packaging... it’s the era of green packaging.

Starbucks invented the disposable coffee cups and has shown that it is environmentally responsible too. Today, it is changing that and trying to rework a system, whereby, it would encourage consumers to drink inside the stores. America started the “take-away” culture and gave birth to a whole new style of packaging, while Europe still believes in the “consumer-in-store” culture. Consumers are demanding that companies show their responsibility towards the environment. No wonder Starbucks now serves in non-disposable re-usable containers.

So packaging is a powerful medium. It’s a statement! It gives a brand its identity. Use it with caution and you could reap rich dividends. If you have to win, make sure your products are dressed to kill.
Copyright © :-Rajita chaudhuri and Planman Media

An Initiative of
IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)