Mercedes car group - Almost with blind conviction

Even in the short term, Smart has recorded an operating loss of $702 million (previous fiscal year) and is the prime reason for lowering earnings at the Mercedes car group. Publicly, almost with blind conviction, Zetsche has supported turning around Smart, than selling it. But mirroring analysts’ and investors’ sentiments, the company’s shares rose 2% on a recent speculative report about the possible sell off plans of the business.

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Source:- IIPM Editorial, 2006

Delivery pains... - IIPM Article

The truth is, Boeing’s fortunes have seen a cheque red history since Airbus Mehrishi overtook its leadership position in 2003. Since then, Boeing has been embroiled in scandals, with two of its CEOs resigning on ‘ethical grounds’. In fact, McNerney took the reigns from Harry Stonecipher after he was sacked due to his ‘relationship’ with a female colleague. To add to Boeing’s ‘labour pains’, a four week machinists’ strike this year resulted in a $1.5 billion loss in revenues.

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

That said, SOX is a good example of how quickly a much-needed but over reaching law in the US system can be modified to reflect marketplace realities, and it’s probable the same will happen in regards to immigration. America was built in large part on the brains, heart, and sweat of newcomers, and it must continue to benefit from the future’s best and brightest flowing through its doors from every corner of the world. But even if the return to more open immigration rules is slow, America still has three huge competitive advantages in the global marketplace.

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Source:- IIPM Editorial, 2006

Air India needs gumption and ground level tactics to beat competitors (IIPM Publication)

It’s said that ignorance is bliss. And Air India had been quite blissful till the time competition was absent. But now, with the Government of India allowing domestic private commercial air carriers to fly long haul international routes alongside Air India since the start of 2005, Air India has already started facing threats from private players. Air India, after losing its supremacy in various international routes to British Airways, Cathay Pacific and Lufthansa, has to realise that it is now in danger of seeing even erstwhile domestic airline companies beating them hands down on international flight routes.

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Source:- IIPM Editorial

SOX.. - IIPM Publication

SOX, as the act is commonly called, cast a real chill on risk-taking. And while its requirements affected every company, small entrepreneurial ventures, with their limited staffs and tight cash flow, certainly felt its additional costs the most. Second, there was 9/11, which sparked tough new immigration rules.

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Source:- IIPM Editorial,2006

Pro-Business - IIPM Publication

First, its government and its people are ardently pro-business. They believe in capitalism, and every aspect of the political system bolsters that belief. Taxes, while significant, are not onerous. Calls for protectionist measures are beaten down in favor of free trade initiatives. Second, the US culture celebrates entrepreneurs.

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Source:- IIPM Editorial, 2006

REWRITE CRITERIA FOR PERFORMANCE REVIEWS – IIPM Publication

During employee performance reviews, consider how behaviors and results stack up against the stated values. Do some values consistently trump others? Does lack of commitment to teamwork, for example, get overlooked in the case of the salesperson who exceeds company targets every quarter? Adjust the criteria in these reviews until they accurately assess the values that matter for the long term.

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Source :- IIPM Editorial, 2006

Economic Growth of South and North Korea (IIPM Publication)

Korea experienced a negative growth to the tune of 6.9% in 1998, but strongly recovered to a positive growth of 9.5% in 1999. South Korea has posted a real GDP growth of 4.6% in 2004, reaching $680 billion. OECD has projected the economic growth to be at 4.3% in 2005.

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Source:- IIPM Editorial, 2006

Political gamesmanship over India’s reservations policy could cast a shadow over India’s ambitions of emerg¬ing as a global economic power in the 21st

And, in tune with the politics of compensation for such historical wrongs committed against the backward castes, the demand to extend the sphere of job reservations for SC/STs (Scheduled Cases and Scheduled Tribes) to the private sector is beginning to gain momentum.

When the UPA government came to power in 2004, it promised that it would “initiate a national dialogue with all political parties, industry and other organizations, to see how best the private sector can fulfill aspirations of SCs & STs.”

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Source:- IIPM Editorial, 2006