Minions at work to face the reality!

Few fortunate ones among the children who neither starve to death nor are victims of stary bullets, essentially end up being slogging for two meals a day. This at a time when they are supposed to enjoy the most of their childhood. For the unholy profit seekers, it makes to employ them as they would not protest about unhealthy working conditions, long working hours or poor pay. What is more horrifying is that 126 million children are engaged in horrendous work environment in mines, chemical industries & kilns. Regional estimations show that Asia Pacific region has the highest incidence of child workers (127.3 million, 19% of children work in the region).

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Source: IIPM Editorial, 2008

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

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Earth receives more energy from the sun in just an hour than the world uses the whole year

In 1860, Auguste Mouchout, built a steam engine powered by the sun. His efforts were deemed a technical success, but economically impractical by the French Ministry of Public Works. The photoelectric effect was theoretically grounded by Albert Einstein in his 1905 paper, "On a Heuristic Viewpoint Concerning the Production and Transformation of Light," for which he was awarded the 1921 Nobel Prize for Physics. The photoelectric effect simply says that above a certain threshold frequency of sunlight, the amount of electricity produced by certain metals is directly proportional to the intensity of the incident light. Until recently, the capital cost of building production facilities has been greater than the cost of building like facilities using fossil fuels. Now that scenario is changing.

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Source: IIPM Editorial, 2006

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

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Genuine efforts are needed to save environment

As the government is now starting to realise the importance of environmentally sustainable economic growth, so are the MNCs operating in the manufacturing capital of the world. “China has long represented the last frontier for MNCs to escape environmental regulations. Many took full advantage of the opportunity to pollute with reckless abandon. Result: Their reputations are now suffering! In the new world of transparency & accountability, there is no place for MNCs to hide,” adds Clark. Consequently, neither these MNCs nor Beijing can afford to brush the environmental malaise that is afflicting the nation under the carpet any more, because it is now beginning to show.

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Source: IIPM Editorial, 2007

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

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SAIL is looking seriously towards emerging green opportunities

In an industry like steel, eliminating pollution becomes difficult even with latest technologies. As R.Sreedhar, steel environment expert, says, “Although the SAIL Bhilai plant has won the CSR Award this year, still communities around that area continue to suffer from pollution and very little corrective action is being taken...” But the SAIL plant is doing quite a bit. The company has given top priority to raw material consumption and water conservation & solid waste management techniques. Having increased their saleable steel production by over 4% to 12.6 million tonnes, SAIL even achieved its lowest energy consumption rate of 7.16 Gcal/TCS in FY 06-07.

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Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Ekta Kapoor’s serials too are aging

While, Zee’s bouquet of channels is bulkier than that of Star, its offerings, be it Star Movies (market share of 54%), Channel V, ESPN Star Sports, National Geographic Channel, History Channel et al, are well-marketed properties in their own right. Star is also trying to go regional once again and has floated a JV with Balaji Telefilms to infuse new life into its Tamil channel Star Vijay and launch a Telugu channel by year end. On cards are channels in Kannada, Malayalam and other key regional languages. Moreover, it is only Star that has a stake in the booming radio industry through Radio City.

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Source: IIPM Editorial, 2006

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

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