The Herald-Tribune of Sarasota

Reporting by The Herald-Tribune of Sarasota, which interviewed hundreds of voters who called the paper to report problems at the polls, strongly suggests that the huge apparent undervote was caused by bugs in the ES&S soft ware. About a third of those interviewed by the paper reported they couldn’t even find the congressional race on the screen. This could conceivably have been the result of bad ballot design, but many of them insisted that they looked hard for the race. Moreover, over 60% of those interviewed by The Herald-Tribune reported that they did cast a vote in the congressional race – but that this vote didn’t show up on the ballot summary page they were shown at the end of the voting process.

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

it’s not enough being a good candidate

The fact is that it’s not enough being a good candidate, just as much as the fact t h a t it’s not enough simply being a good product. You need to know your marketing extremely well to make it successful. The electoral marketing battle has to include all the tips and tricks strategically used while marketing products and services. From celebrity endorsements to malicious and attacking comparative marketing, direct mailers to internet campaigns, from emotional speeches to kissing underprivileged children, you need to do it all – and it doesn’t come cheap. That’s the price of democracy. The making of a President is actually nothing but the “Marketing of the President”.

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Source:- IIPM Editorial

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Kids do not make the purchase decisions

Refer to the story ‘Assertive & Confident’ focusing on kids as customers today; while I appreciate the fact that kids wield a great influence on their parents and other decision makers, I would disagree on terming kids as the ultimate ‘customer’ per se (barring products for kids). The story would have been more value-adding had the article provided figures of the number of households with kids and a socioeconomic classification of the same. That would have provided readers with more matter to understand the influencing markets. However, I would also complement the initiative that yes, the trend of focusing on kids is quite loud and visible across various media vehicles, but not as customers as I’ve already pointed out, but the focus perhaps, is to acccentuate the influence of kids over decision making.

D K Prasad, Bangalore

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Source:- IIPM Editorial

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Indian companies have also been able to tap the global capital and talent markets

Transnational giants also find it tough to operate in an economy with a poor physical infrastructure and to cope with the Indian regulatory apparatus. India’s software companies recognized the possibility of providing services to overseas customers at least a decade before Western companies acknowledged the feasibility of hiring Indian soft ware professionals. Consequently, the Indian firms gained experience early, which has kept them ahead of their foreign rivals. Recently, some Indian companies have also been able to tap the global capital and talent markets, nullifying more of their overseas rivals’ inherent advantages.

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Source:- IIPM Editorial

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Latin America is surely but steadily reasserting its independence

The concepts of democracy and development are closely related in many respects. One is that they have a common enemy: Loss of sovereignty. In a world of nation-states, it is true by definition that decline of sovereignty entails decline of democracy and therefore a decline in the ability to conduct social and economic policy. That in turn, harms development – a conclusion tried, tested and confirmed by centuries of economic history.

The same historical record reveals that loss of sovereignty consistently leads to imposed liberalization, of course in the interests of those with the power to impose this social and economic regime. In recent years, the imposed regime is commonly known by a not-so-very favourable term called “neoliberalism.”

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Source:- IIPM Editorial

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Particle of disaster that lurks...

The exposures to them are known to cause symptoms and diseases ranging from sore throat and allergy to cardio vascular diseases and even premature death. Continued exposure to SPMs and ground level Ozone are also known to cause asthma and weakened immune systems. The most dangerous version known as PM 2.5 (particulates less than 2.5 microns in diameter or 3.33% the size of human hair) are known to trigger even lung cancer and heart attack. Globally, the air quality monitoring and pollution control has fallen fl at vis-á-vis the particulate matters. The SPM limit has been among the highest in cities like New Delhi, Jakarta and Chongqing, where they have gone up to 325, 250 and 245 micro grams per cubic meters of air. The PM 10 levels in Kolkata, Seoul and Busan have similarly been at 110, 70 and 60 micro grams per cubic meters of air.

In this backdrop, the level of SPMs not only needs continued and constant monitoring, but also concerted efforts for controlling them. The first step in the process necessarily involves around informing the public about the SPM levels, if needed on an hourly basis. The next step though obvious is the harder one concentrating on creating effective channels for controlling the menace.

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Source:- IIPM Editorial

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What’s your India positioning?

Our company is focused on the delivery business and our target customers are SEC-A and SEC-B families, in the age group of 25-35 years, where both husband and wife are working. And to target this customer, based on our core competency we have built our strategy on delivering as fast as possible. Today we deliver 1 million pizzas per month across the country within 30 minutes, and if at all we are not able to do so, then we make it ‘free’. World-class deliveries with the freshness locked (as it takes a shorter time for us to deliver) has been our main strategy to develop our brand.

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Source:- IIPM Editorial

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It’s no more about just another TV set!

Clarifies Kapoor: “The global LCD market is estimated at 45 million units this year. In India, we expect the flat & slim TV market to be 1.5 lakh units, out of which, LCD’s would contribute to 75%... (Now) LCD prices are governed by the demand & supply dynamics of panels. With capacities increasing & technology progressing, the prices have to come down.” Oh... and if you’re waiting for Toshiba & Canon’s SED (Surface-conduction Electron-emitter Display) TV, supposedly one-up on existing technologies, then you had better wait up till the 2008 Beijing Olympics for its launch. The “idiot box” is surely undergoing a revolutionary metamorphoses!

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Source:- IIPM Editorial

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The roads to eternity

According to a series of World Bank studies, the road transport freight rates in India have been among the lowest in the world. If the travel time between two destinations is reduced because of a modern network of highways, the studies estimate that productivity will improve by at least 25% on an average in India.

Better highways and roads have also meant that companies are able to use trucks of much larger capacities to transport goods. Traditionally, Indian roads have been built to carry loads of up to 9 tonnes at the most on a single vehicle. With better highways now coming up, trucks with about 12 tonnes of capacity can be regularly used. That may not sound like much. But for a company, the ability to transport 30% more goods in a single consignment can do wonders to cost competitiveness!

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“Desh mein rehna hai to Vande Mataram kehna hoga.”

The opposition BJP lapped up the issue to whip up passions by accusing the government of indulging in minority appeasement. Demagogues in the BJP cited their age-old slogan, “Desh mein rehna hai to Vande Mataram kehna hoga.” Says BJP leader Mukhtar Abbas Naqvi, “It (singing Vande Mataram) doesn’t preach worshipping a deity but is just an expression of your love for your motherland.” The BJP has surely upped the ante; and the objective? To portray itself as the true nationalistic party while branding others as pseudo-secularists.

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Source:- IIPM Editorial

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Finally, the United Nations Security Council has unanimously agreed on a resolution to end the crisis in Lebanon

Innovative and bold diplomatic initiatives for peace must be launched as an alternative to the logic of military force. This has happened before. The Gulf War led to the Madrid Peace Conference in 1991 and the subsequent Oslo Accords between the PLO and Israel in 1993.

This crisis, too, can be a stepping-stone for enabling a long-term political solution involving all parties in the Middle East. Today’s incoherent, piece-meal strategies will not be able to break the vicious cycle of violence. As well as taking collective action to stop the war in Lebanon and Gaza, key players like the “quartet” – the UN, the United States, the European Union and Russia – must develop a comprehensive security framework for the Middle East. The international community should demand the immediate start of negotiations towards the creation of a Palestinian state and push for direct negotiations on a peace agreement between Israel and Syria.

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Source:- IIPM Editorial

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One for the birds

Commerce, trade, politics, sport. All various arms of state conduct. Each can be highly sensitive. Some of the complexities involved, have reared their head after Russia warned in mid-August 2006 of economic sanctions against the US if America didn’t facilitate Russian entry into the World Trade Organisation (WTO). Russia’s economic ministry threatened to scrap the preferential status it gave for American poultry and red meat. It’s the first time that Russia, evidently feeling resurgent after hosting the recent G8 summit, has threatened sanctions, which were until now imposed by the US on Russia for its support to Iran.

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Source:- IIPM Editorial

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Europe is at the advanced stage of Basel II implementation

The prospects of the deal with Mantas seem to be quite bright as the risk & compliance market is estimated to be worth $20 billion in the next two years. Europe is at the advanced stage of Basel II implementation, and there are other markets emerging like China and Japan, where i-flex could make a mark for itself. Meanwhile, it is quite peculiar how an Indian IT company is moving on the growth path by becoming a subsidiary of an American firm!

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Source:- IIPM Editorial

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Indi Chat

IIPM Best B-School of India

IIPM Alliances IIPM Academics : Curriculum

Unhand that Wine!

The Indian Institute of Planning and Management

India’s trade portfolio

The findings are shocking

Microsoft : Nothing soft about this company’s new initiatives

Chilled out in the tropics!

Service with a SMILE!

‘Class and Brand conscious’

With the new kids scrambling to make their presence felt, the retailrajah Pantaloon Retail India Ltd. (PRIL) is not sitting quiet either. Pantaloon is planning to launch a prêt-a-porter brand, while Raymond, which debuted in the premium segment with its brand Manzoni recently, launched apparel made entirely from bamboo fibre to give consumers the very best style. With the flurry of activity in the segment, small wonder that the hopes and desires of the consumer are also on the uptake. In turn, the upwardly mobile Indian’s aspiration for style and panache will take these players places.

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Source:- IIPM Editorial

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“The traveller sees what he sees. The tourist sees what he has come to see” :- IIPM Article

Whichever category of globetrotters you fall into (according to Chesterton, “The traveller sees what he sees. The tourist sees what he has come to see”), shopping is one activity neither minds. Whether compelled by misplaced-luggage-intransit troubles or looking to pacify friends and relatives back home or simple souvenir sifting, shopping tours are integral to any of those getaways outside country, be it on work or pleasure. And making it even more tempting in times recent are the increasingly popular shopping carnivals with various country tourism departments firing on all cylinders to promote that ‘ultimate shopping experience’. With tags like ‘duty free’ and ‘mega sale’, there are all arrangements to make you loosen your purse strings over some real fetching bargains, of course!

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Source:- IIPM Editorial

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Date Salma Hayek? Well, almost!

Contour, however, leaps ahead. In this technology, the body of the actor is coated with phosphorescent make up so that it glows in the presence of fluorescent lights in a dark room. When the actor performs in the studio, the digital cameras placed at different angles capture the various actions of the body and hence a 3-di- registered. And now begins the real fun! These digitally captured images provide ample room of innovation for video game developers & film makers. It allows them to substitute, for example, the face of Tom Cruise for Brad Pitt, change the actor’s looks, change camera angles; and all this on the editing table and post production phase! Now directors would not require to lobby for costly retakes. And if the actors permit, not even the first take!

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

Suing the company is Jody Gorran

Suing the company is Jody Gorran, who, after two years of religiously living by the Atkins diet, found himself at the operation theatre for an angioplasty due to 99% blockage of his arteries. Defending the Atkins program, Dr. Stuart L. Trager testifies, saying, “With the ongoing low-carb research, we can come to the conclusion that when heart health is threatened due to significant obesity, a controlledcarbohydrate approach is more effective at weight loss and, in turn, saving
lives.” Yet, the report of a consumer advocacy group divulges that the model Atkins dieter Mr. Atkins himself, at the time of his death, was overweight and also suffered from heart disease! His demise struck the death blow to the ‘lowcarb’ fad, with the majority Atkins aficionados dropping off this regime.

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Source:- IIPM Editorial, 2006

Shortage of Power (IIPM Publication)

Publication and Research, IIPM

Latest research done by OECD, World Bank and the IMF reveals that Caribbean and African nations are the worst victims of brain drain to developed countries of the west. In terms of sheer number, China and India lead the list of brain drain affected countries. Yet, because of a large pool of skilled manpower that enters the work force every year, the two nations lose a modest percentage of their skilled manpower every year. In contrast, the average for sub-Saharan African nations is a heft y 50%. The situation is far worse in the Caribbean. Jamaica and Haiti lose 80% of skilled graduates to brain drain every year, while the figures for Guyana and Surinam are 86% and 90% respectively.

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Source:- IIPM Editorial, 2006







For the record, there is an easy explanation to the increasing power cuts. As the economy grows at a sustained rate, demand for power is rapidly outstripping supply. Peak hour power shortages now run at 16%. In industrialised states like Maharashtra and Gujarat, they run at more than 30%.Ask any analyst and she would tell you that this will worsen before there is any chance whatsoever of the situation improving. Why?

Source:- IIPM Editorial

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Case of the unfriendly Fox

A case filed in the federal district court of New York during November 2005, has forced the Fox News Channel to pay a sum of $225,000 as settlements. The case was filed by the Equal Employment Opportunity Commission on behalf of four women employed with the network. They charged the network of supporting a sexually unfriendly work place where indecent language was used by the advertising and marketing VPs in the New York office. The case also calls for the news group to modify its anti-discrimination policy and train its managerial cadre to emulate the same.

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

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SEC should clear its own fault lines before blaming rating agencies

It seems as if the bosses at US Securities and Exchange Commission (SEC) have never heard the famous comment from British writer Douglas Noël Adams (of ‘Hitchhiker’s Guide to the Galaxy’ fame), which goes like this, “It is a mistake to think you can solve any major problem just with potatoes.” SEC is all set to bring in the ‘Credit Rating Agency Duopoly Relief Act’ (this was cleared by the US House of Representatives on July 12, 2006), to enhance credit rating quality by allowing competition and by curtailing the duopoly of Moody’s and Standard & Poor’s (S&P).

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

So would these belated “free” strategy work?

So would these belated “free” strategy work? Telecom analyst Safa Rashtchy, US Bancorp, shoots, “In most of the services like search and online shopping... brand loyalties have already been established. I doubt that AOL will be able to entice the customers towards its free services.” But the only two areas that AOL has a considerable command, are the same two areas that it currently ignores. In music downloads, though Yahoo has 23.2 million users, AOL, with a very close 22.2 million users, even leads Apple iTunes (which has 21.8 million users). But more critically, AOL’s map services are subscribed to by a gargantuan figure of 45 million users, which is an unbelievable 20 million users more than the second in line, Google.

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

IIPM Faculty

Members of over 250 IIPM permanent faculty members and another 200 visiting faculty members are spread across the seven branches. Key faculty lecture at all the braches regularly. IIPM faculty regularly teach abroad and in India – they take workshops with faculty from Harvard, Wharton, Stanford and other leading business schools across the world. IIPM Faculty takes the most number of Executive Programs in the country. (Also see the Global Outreach Program: Faculty from over 15 of the world’s top business schools teach at IIPM and take executive programs with IIPM faculty)
New Delhi Chennai Bangalore Mumbai Pune Ahemadabad Hyderabad

Publication and Research, IIPM

How true this analysis would be with respect to Bharti remains connected to the question of how dynamic and vibrant would the Bharti group continue to remain, given the new, and yes, the old Despite the Bharti group's structure (see chart below), it is Bharti Tele- Ventures, with the Airtel brand, with Rs.79 billion 2005 sales and with 12 million customers, which is the flagship brand.

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

As per Aerospace Industries Association of Canada (AIAC), gross sales were $21.7 billion in 2004, with exports reaching a record high of $18.3 billion – 84% of total sales. Diamonds are a recent discovery that has added sparkle to the Canadian economy. First major discoveries were made in the Northwest territories in 1991, and Ekati – the first diamond mine – became operational in 1998. Statistics Canada states that Canada is now the world’s 3rd largest diamond producing nation showing immense potential.

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Source:- IIPM Editorial, 2006

Parliament should pass the Bill for tribal land allocation (IIPM Publication)

For the umpteenth time, it looks as if the proposed Bill to allot land to tribal communities will not be passed by the Parliament. Despite the Prime Minister Dr. Manmohan Singh taking personal interest, a strong tiger and forest conservation lobby is putting up such a resistance that a final version of the bill might not be presented to the Parliament even during this oncoming winter session. To compensate for centuries of cruelty and neglect, the bill proposes to allot 2.5 acres of land to each tribal family residing in their traditional dominions the forests. These rights would be non-transferable and would offer these families a secure and regular supply of income.



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Source:- IIPM Editorial, 2006