IIPM: October 2008

Friday, October 24, 2008

MICHAEL WE ARE STILL WAITING FOR THE ANSWER

Dell’s refashioning is largely to be better able to compete with HP, which under CEO Mark Hurd, has become a menacing threat. HP has been continuously leveraging its relationships

with retailers to better target consumers, which has helped considerably in increased PC sales. According to market research firm IDC, Dell increased its market share to 16.4% (as compared to 15.5% in the previous quarter) as against HP’s dominant 18.9%. Dell recorded a 21.4% y-o-y much ahead of industry growth rate of 15.3%, but the growth has been at the cost of a substantial 17% drop in Q2 profit, which drastically resulted in plunging of shares. Brian Gladden, CFO, Dell, said in a statement, “Strategic actions to accelerate growth in certain areas of our business have affected gross margins this quarter.” However, Michael Dell said he is pleased with his broad-based growth, though he accepted that there are areas where Dell’s price cutting was “a bit too aggressive.”...Continue

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

Read also :-

Tuesday, October 21, 2008

Henry, put that cheque back on the table...

...and teach all Fed officials to do just that. Your ‘proactive’ revival might just work for sometime, but it isn’t enough to clean-off the mortgage mess! Right, Henry?!

“Big Daddy” has done everything possible... from rate cuts

& bailouts to granting a $168 billion stimulus package to contain the conflagration which is currently devouring the US housing and financial markets; how successful it’s been, is however questionable. First, the $30 billion Bear Stearns bail-out occurred. And then, the Northern Rock & IndyMac Bancorp disasters happened. Now, two mortgage giants – Fannie Mae and Freddie Mac are facing a common problem showcased in a unique wrap – both suffer from liquidity crunch (like their troubled predecessors) but at the same time are entities too big to fail, and collaterally, too big to rescue for the US Fed! To deal with this fiasco, the Fed expressed its willingness to follow a three-pronged approach [increase credit volume to government-sponsored entities (GSEs), authorise Fed to buy stakes in troubled companies, and finally, give Fed more authority to keep track of GSEs] to ensure reduced number of disasters in the future......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

Hey, did I click on hot-male.com?

Cyber squatters are opening ‘spoof’ travel sites mimicking real ones

It should come as no surprise that the online travel market has become the buzzword among cyber squatters. Cyber squatters

have developed phantom travel sites (similar to genuine ones) to reap benefit out of this $2 billion worth segment. Cyber squatters are developing sites that are similar to generic sites (like indiatimestravel.com for travel.indiatimes.com and mytripyatra.com for makemytrip.com and yatra.com) in order to bluff the users. They further charge an exorbitant price and also provide sub-standard packages.

The story of clones, one guesses, has just started. A spoof site, ‘webcameron.info’ was developed within two days of the launch of ‘Webcameron.org.uk’, that featured the speeches and vision statements of United Kingdom’s Conservative leaders. Even Liberal Democrat MP Mark Oaten was a victim of cyber squatting as his rival hacked his site ‘markoaten.co.uk’ and directed users to his own site, thus stealing potential voters.....continue

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

Read also :-

Tuesday, October 07, 2008

China torched on Darfur front

Sudan's biggest arms supplier is silent on the atrocities

Global heavyweights singing the anti-China chorus –

citing the Dragon's Olympian disregard for human rights – have found yet another explosive premise to stump it with. After the Tibetans used the excuse of the Olympics to keep their free-Tibet Torch blazing, their supporters complain that China's stance on the Darfur conflict equally merits global condemnation. China is being accused of "abetting genocide in Darfur" – no less – causing the UN military presence there to suffer the jitters.

The save-Darfur drive – promoted under the banner of Genocide Olympics – has won scores of celebrity endorsements, including those of Hollywood star Mia Farrow and former Olympic swimmers Shannon Shakespeare and Nikki Dryden. They have all mailed an "open letter" to Chinese President Hu Jintao, signed by eight Nobel laureates, 13 Olympic athletes and 46 parliamentarians. This is a charge that China is finding even harder to rebut, than the one it faces in Tibet. For the Dragon does have enormous influence on the Khartoum government, being its principal arms supplier. Amnesty International USA says China sold Sudan weapons, aircraft and spare parts worth $83 million in 2005 for its proxy invasions of Chad. (That is the latest year for which figures are available.) China buys about two-thirds of Sudan's oil exports, and nearly 70% of the latter's oil revenues go to its murderous military force.....Continue

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

Read also :-