“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

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

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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Copyright: IIPM-2006

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)
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