Showing posts with label ECONOMIST GURU PROFESSOR ARINDAM CHAUDHURI. Show all posts
Showing posts with label ECONOMIST GURU PROFESSOR ARINDAM CHAUDHURI. Show all posts

Tuesday, October 21, 2008

Un‘family’ar

Nirula’s acquisition has brought in welcome change. But the true test of survival starts now...

Like most legendary Indian companies with quality offerings but sans the advantage of scale, this one, too, found the going tough when global sharks like McDonald’s, Pizza Hut and Domino’s swamped the market with their QSR chains. And when Nirula’s found the going tough, it decided to take the M&A route with aplomb; but only as a target.

Nirula’s got off to a promising beginning in the 1930s, when the Nirula Brothers rolled out a restaurant in the heart of capital. Christened as ‘Hotel India’ it became the keystone of today’s Nirula’s. With lots of firsts to its credit, like introducing espresso coffee, snack bar, ice cream parlour – Nirula’s became the pioneer in introducing the QSR concept in India and created a platform for the modern QSR industry.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Saturday, October 11, 2008

Get a life!

Are you one of the proponents of living life king-size? Unless you’ve never been belted by John Lennon with his Instant Karma (…You better get yourself together/Pretty soon you’re gonna be dead/What in the world you thinking of…), you might still think high life is about fast cars and designer labels. But as per new trends, lifestyle is less about how much and what all you pay for; instead it’s more about the paybacks you expect to raise. On the occasion of our 3rd anniversary, we put together for our readers a collection of inspirational lifestyle trends......Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Monday, September 29, 2008

Women-friendly nikahnama unveiled

However, not all Muslim clerics are happy; some have already slammed it

The controversial new nikahnama (marital agreement) unveiled by All-India Muslim Women’s Personal Law Board (AIMWPLB) had some All-India Muslim Personal Law Board (AIMPLB) members rubbishing it as “redundant”.

“It’s utterly useless, irrelevant. We have one already from the AIMPLB and there is no room for another,” said AIMPLB member Maulana Khalid Rasheed Firangimahali. A woman member, Moonisa Bushra, also saw no reason for the drafting of the new nikahnama. However, Khalid and Bushra have few takers. “This is just male chauvinism,” said Fazul Haque, a senior journalist & expert on women’s issues. This is the third nikahnama that has promised to give women some power. The AIMPLB and the All-India Shia Muslim Personal Law Board had released their own “model nikahnamas” in 2005....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Thursday, May 22, 2008

ICICI BANK

The biggest retail banker, this one won’t run out of steam anytime soon...

They came, they saw and they revolutionized the entire Indian banking sector. Using technology as a key enabler for all its growth platforms, the brand has achieved efficient intermediation by enabling rapid scale. “We want to be the preferred brand for all the financial and banking solutions for both our individual and corporate customers,” an ICICI Bank spokesperson told 4Ps B&M, when asked about the brand’s endeavours. Over the last year, this private bank has enhanced its standing among consumers and investors alike and has muscled its way in at No.3 in India’s 100 most valuable brands (last year, it had only managed 14th rank in our listing). So what did the bank do, especially at a time when rising interest rates stood as a dark cloud atop the entire banking sector? It roped in the heart throb of million – King Khan – to push the brand among the masses and acquired Sangli Bank in the South, which gave it more access to southern markets. Known for its aggressive ‘Hum Hai Na’ promotions, ICICI Bank engenders recall by offering distinctive customer solutions alongwith popular jingles, forget the sheer size. The bank hogs limelight as India’s most valuable lender, with a huge market cap of $20 billion.

For complete IIPM article click here
Source:- IIPM Editorial, 2008
An IIPM and Management Guru Prof.Arindam Chaudhuri's Initiative

Friday, February 15, 2008

Beyond outsourcing

Human Resources is no longer just another cut-&-dry industry – only involved in solving the mundane day to- day human-related issues in the organisation. In fact, in today’s competitive environment, the changing role of human resources management has become increasingly complex & challenging. HASTHA KRISHNAN, CEO, MGSSLFollowing the boom of Information Technology, if forecasts are anything to go by, India is now on the threshold of a Human Resource Outsourcing (HRO) boom. Nowadays, HR managers are strategic business partners involved in advancing the enterprise’s strategic objectives. Quite simply put, with the companies firmly putting administrative work on a backseat, it is the new wave of HRO that is driving HR teams both globally as well as in India.

With double-headed challenge of reducing costs whilst improving the customer’s experience cited as one of the key reasons behind the HR outsourcing practice, it is Recruitment Process Outsourcing (RPO) bug that is biting companies, as it is a viable option to outsource this activity. In an exclusive interview with B&E, Hastha Krishnan, CEO, Ma Foi Global Search Services Ltd. (MGSSL), says, “The HR outsourcing is at a very nascent stage in India even today, especially in comparison with the mature economies like the UK & the US.” The statement does ring a certain truth, considering that the current size of global recruitment industry is about $140 billion, out of which, only a miniscule $1.2 billion is outsourced. However, the twist in the tale is that the global RPO industry is growing at humongous 3.6% annually. In contrast, the size of organized recruitment industry in India is about $200 million. Adding the unorganized sector to it, the size of the Indian recruitment industry stands at a respectable $400 million.
For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Wednesday, December 12, 2007

‘Truly Asia’ pipeline

Some perceive the nuclear imbroglio in Iran as a problem, others view it as an opportunity. A psychiatrist would suggest that the difference lies in the perception and an international relations analyst would make us believe that the differences stem from ideological misperceptions which shape the worldview of a nation. On the other hand, a more credible explanation about the respective stands of Malaysia and the US vis-à-vis Iran flow from the politico- economical perspective. It is this perspective which facilitates our understanding of the urge of Malaysia to build a 300 km-long pipeline running from refineries in the west to its east coast.
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Tuesday, December 04, 2007

A spiteful brief...

“The great eventful Present hides the Past; but through the din of its loud life, hints and echoes from the life behind steal in,” as John Greenleaf Whittier said. We started a similar journey back in the history of India to witness how oft en it has been invaded, humiliated, subjugated and above all, divided. It’s been sixty years to a paradoxical Independence and division, the scars of which have not yet been healed by the fl owing tide of time. As destiny would have it, yesterday’s siblings are today the biggest adversaries, one almost desperate to destroy its elder brother whose existence is the very anti-thesis of its own identity; while the elder brother has been a little more considerate, but oft en has been left with no option than to teach the recalcitrant sibling a lesson or two.

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative


Friday, April 20, 2007

Multilateralism is not the panacea to promote global trade

The end-June deadline is prompted by the fear of US Trade Promotion Authority Act, expiring on July 1, 2007. The revolutionary Act allows US President to enter trade negotiations. This is however questionable as Congress finds its role limited in the process – it needs to either reject or approve such treaties within 90 days of signature, without the possibility of amending them. “The fears get accentuated by the realisation that the US is just not in a hurry to revive the sagging WTO – refusing to cut the agricultural subsidies offered to its farm lobby,” says Dr. Paroma Palit of PHDCCI, talking to B&E. And till the time US takes the initiative, other major players like EU, India & Brazil too refuse to relent on issues of reducing industrial tariff s; export subsidies & opening up the service sector.

Despite EU showing great zealousness to rejuvenate the negotiations before mid-April, the prospects don’t look bright. But what if the talks fail to revive; will the world be a loser? Certainly not. Irrespective of WTO dictates, the trade will continue to flourish because it doesn’t need crutches to trot the globe.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

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