Wednesday, August 27, 2008

Cocooned Kiani will soon come out of his shell


IIPM : EXECUTIVE EDUCATION

He will never let the primacy of military in Pakistani polity & economy fade away


While it is difficult to deny that Gen. Ashfaq Pervez Kiani, the Pakistan Army’s chief is “patient, diligent & intelligent, one cannot say with confidence that it is only these qualities which have endeared him to the President Musharraf. The biggest factor that worked in Kiani’s favour was that he has preferred to maintain a low profile all this while. Now, his ISI background may have taught him the virtues of silence but to imagine that power would not corrupt this Pakistani army chief, may be a bit far fetched. “Although Kiani has proved his loyalty to Musharraf, but for how long will he continue top obey the dictates of non-uniformed general is a moot point,” says Ajey Lele of IDSA. Whatever the political outcome, Kiani would be working doubly hard in 2008 to maintain the primacy of army in Pakistani polity and economy. To expect him to play ball with Musharraf for too long may be foolhardy.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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Wednesday, August 20, 2008

Surfing Gold


IIPM’s 36th Glorious Year of Academic Excellence

If there’s something you’ll certainly do at the Gold Coast, it would be to spoil yourself with choices…. What with the vast stretches of languid beaches, the Hinterland Mountains, the lush green rainforest, world-class golfing greens and some of the world-famous theme parks! And that’s exactly what Gold Coast is all about – just about everything under the Sun! Where on the one hand there are surfing boards and sands that beckon, there are tranquil woods endlessly enticing you with their quaint charm on the other. So, as you land on the 6th largest city in Australia that has more water canals than Venice, be wary of its beauty… for it may leave you hypnotised for ever! Although with a year round balmy climate, there’s no best time to visit the place, but November-December is recommended nevertheless, owing to moderate precipitation and (it goes without mention) the summer Christmas! Not just that, the Gold Coast plays host to exciting events, shopping festivals and wildlife excursions all year round… and is home to the largest sub-tropical rainforest remnant in the world, more than 100,000 ha of nature reserves and World Heritage sites! So without further delay, pack your bags and brace yourself for perhaps the most exciting sojourn Down Under – the Gold Coast… an indulgence retreat for sure, if nothing more!

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs


Thursday, August 14, 2008

Mukesh Ambani plans to sell oil


IIPM’s 36th Glorious Year of Academic Excellence

Added to this is the process issue of landing delays. “Any aircraft, on an average, spends 26-30 minutes in air because of traffic congestion,” Hitesh Patel, EVP Kingfisher Airlines, bemoaned to me when I met him for a tête à tête in Mumbai. In a flight that generally takes cut-to-cut 80 minutes (say, Delhi-Mumbai again), such a landing delay increases fuel costs by almost 33%!

In this Catch 22 situation, there are very limited options left. First is to cut flights: as SpiceJet did by reducing the number of flight from 117 to 100 recently. Second: Change the business model, which Jet Airways is planning to do by announcing a foray into flying freighters in the wake of squeezed margins on passenger flights. Jet plans to use three leased Boeing 737 JetLite passenger planes for its cargo operations. Third: one can learn from business models of international low cost airlines like Rynair. But Jitendra Bhargava, ED, Corp Comm, Air India, disagrees with me, “The Indian low cost model and the Ryanair model is not comparable, as here we do not enjoy any advantage like operating in/out of secondary and distant airports where landing/parking charges are lower. In India, low cost airlines operate from the main airports as no major city has two airports.” Even Maunu Von Lueder, quoting many examples, toed the same line, “The Ryanair model and the likes cannot be copied in the Indian market...”

But the worst part of this story is that unlike Uncle Scrooge, not one Indian LCC has a documented strategy of hedging and locking into fixed oil prices in the past few years to escape the vagaries of oil price increase. Think about it. Southwest Airlines in the US did just that in 2007 by locking into oil at $51 a barrel just before the crude oil’s yearlong run-up. This resulted into gains of almost half a billion dollars just in the first 9 months of 2007. And why haven’t Indian LCCs tried this out? I didn’t get even one concrete answer for any LCC!

Now comes the news that Mukesh Ambani plans to sell oil in the Indian market at $25 a barrel by the next year and save the government’s import bill by over Rs 1.1 trillion. This could give a boost to airlines. But if they thought that Lalu is going to be flustered even one bit, perhaps they conveniently forget, Indian trains don’t run on highly priced buffalo manure. They thankfully run on electricity and coal, both sources owned by the government!

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
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domain-b.com : IIPM ranked ahead of IIMs


Monday, August 11, 2008

Uttar Pradesh


IIPM Ranked No. 1 B-School In Global Exposre - Zee...

It has everything to shake up the veiled historian within you. However, the state’s marketing strategy so far has been limited to just cashing in on the Taj fame. But, it’s time now to break out the old shell and realise its true potential, feels pallavi srivastava...

Strike a conversation about Uttar Pradesh (UP) and the first thing you hear is Wah Taj! And well, you don’t even require a doctorate degree in ancient Indian history to find out that Shahjahan built this wonder of the world in memory of his beloved wife Mumtaz Mahal. But you do need it when it comes to a lesser popular belief that Taj Mahal was also a display of love of the great architect Ustad Isha Khan (who was the designer of this masterpiece) for Shahjahan’s daughter Jahan Aara. Now, does that shake-up the veiled historian within you? If yes, UP may interest you as a tourist, as it has many such never-told-before stories to unveil!

Already at the top in terms of tourist inflow (117,500,000 in 2007), this vivacious state has everything to entice one’s mood. From the famous Banaras ghats to Bhuddhist Stupas of Sarnath, and from a glimpse of pure nawabi culture in Lucknow to the fascinating Holi of Brij; the state with its rich history and vivid culture can leave you asking for more. In fact, the state earned Rs.95.85 billion, almost 10% of its total revenues for 2007, through tourism. However, till date a major chunk of these revenues keep coming from those who limit their UP excursions only to the Taj Mahal. The reason is simple. The state’s marketing strategy so far has been limited to cashing in on the Taj fame. So, it shouldn’t surprise you if you meet foreign tourists going gung ho on the Taj Mahal, but are clueless about the rest of UP.

However, recently the government has taken some initiatives to market other prominent tourists spots as well. For instance, it plans to spend Rs.17 billion for the development of a Buddhist Circuit at Kushinagar, which includes an international airport. Moreover, the tourism department has a blueprint of a tourism development policy ready, with its focus on developing the Buddhist Circuit, Bundelkhand Circuit, Water Cruise Circuit, Jain Shrines Circuit; and an Eco-Tourism Circuit in the state. But, a lack of district-wise data, aged publicity material and concentrated marketing efforts are few issues that hinder UP’s huge tourism potential. “We need a professional marketing campaign. The state should pull out of accommodation & should pay attention to connectivity. For instance, how do you explain that the capital of this state is not connected to Agra by a proper fast day train or even air?” asks Prateek Hira, CEO, Tornos Tours.

On the other hand, the investment scenario in the state has improved a lot over the past few years. Changes introduced include: stability of tenure for the state’s bureaucrats, improved perception of law and order, reduced cost of doing business, single window clearance, and reforms in public procurement to enhance transparency and competition, et al. “We are committed to greater involvement of the private sector in government policies. Public-private partnerships are being worked out in sectors such as transport where government support is needed. We will merely reduce stakes in such enterprises while protecting the service conditions of existing employees,” avers V. N. Garg, Principal Secretary, Industrial Development, Uttar Pradesh.

Certainly, public private partnership investments have begun to flow-in into the state. A total of Rs.1,311 billion have come into the state during the last one year. This includes Rs.300 billion for the Ganga Expressway, Rs.40 billion for the Taj International Airport and Rs.250 billion for power generation projects, which will add 3,300 MW of electricity generation, thereby making the business environment more conducive. Other initiatives by the state include setting up of a mechanism for third party evaluation of performance, setting up of e-tendering & e-procurement systems, computerisation of land records and web enabled single able systems for SMEs et al to lure investors. Moreover, looking at the inherent potential in the food processing industry, the government has also introduced a Food Processing Industrial Policy. The major objectives of the policy are to minimise wastage of agriculture & horticulture produce, and provide a ‘market’ focus to the entire range of activities involved in the food processing industry. The state government is also planning to provide an interest free loan of Rs.50 million to facilitate working capital in the industry.

On account of FDI inflows though, the state’s performance is not very impressive. Between April 2000 and March 2008 only 58 FDI proposals, worth $73 million were approved for UP. However, the domestic private investments in the state have been pouring in and have touched the figure of Rs.116.63 billion. But these still seem to be concentrated only in Noida, Ghaziabad, Kanpur and Meerut. The government, perhaps, needs to figure out new investment belts to realise the true potential of the state.

In short, the investment scenario may have improved over the year, however, much more marketing efforts are required to boost tourism throughout the state. Else, one would just continue to say ‘Wah Taj!’

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs


Tuesday, August 05, 2008

Jignesh Maniar (34), O&M.


IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Jignesh Maniar (34), O&M. The way in which your life goes is part destiny and part hard-work. For Jignesh, it was his luck as well as his destiny to join the advertising field. While doing his MBA from K. J. Somaiya Institute of Management, he was once caught bunking. He refused to apologise as he had not asked his friend to mark his proxy. The furious principal threw him out of the room. He later wrote a long letter to the principal. On reading his principal said, “It’s highly creative; why don’t you join advertising.” And that day Jignesh knew what he had to do in his life – be a creative guy. And for him, creativity means anything that is being done differently, that is done in a way that has not been done before. After brief stints at Vyas Giannetti and JWT, he has been at O&M for close to eight years now. His work on the Mentos ‘dimaag ki batti jala de’ campaign has caught the eyeballs of all and sundry. A good observer, he loves to create stories out of observing people. The most defining moment in his life was when his Asian Paints film went to the Cannes. Looking back, he now feels that advertising is all that he ever wanted to do in his life. And that is why, this bright lad now plans to bid adieu to his mentor Piyush Pandey and O&M. What was that, you said? Well, Jignesh has sky-high ambitions for his advertising. He plans to soon start his own agency called ‘ON’.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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