The BRICs & mortar lady

Roopa PURUSHOTHAMAN... That side of Atlantic, she made India every analyst’s favourite example

Much has been talked about Goldman Sachs’ ‘BRIC Report’ or Brazil, Russia, India and China report, which envisages that India will globally be #3 in terms of GDP by 2050. But how many of us actually know that there’s an Indian mind behind this report, which puts these four developing nations in the forefront of the GDP charts in next 50 years. Quoted by everyone, the BRIC tenure made a second-generation Indian American economist become famous overnight. We are talking about former Executive Director in Goldman Sachs – Roopa Purushothaman – who, along with Dominic Wilson, created a report whose impact was nothing less than sensational. But apart from putting India on the global business map with her fresh thinking, this London School of Economics graduate has created a mark with her work on demographics, global integration and migration.

She wanted to be a part of the huge developmental change that India is undergoing and the retail raja Kishore Biyani, who has revamped the retail segment, fitted the bill perfectly. Points out Kishore Biyani, CEO of Future Group, “India is developing and we need young economists like her.” She now plays the role of Chief Economist and Strategist at the Future Group and is busy finding out the impact of income on consumption patterns in small towns.

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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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The Sunday Indian

Billions of losses, yet high!

The double digit growth trajectory of the Indian telecom industry is coaxing some big players from the global scene. Vodafone, the world’s largest mobile operator, after picking up a 52% stake in Hutchison Essar for $10.9 billion, is ready to spread its fangs in India.

Even though this may appear to be just another expansion move by a conglomerate, there is a larger picture to this. The reason is because last year, it went down in history books for reporting the biggest loss in global corporate history. In the recent financial year, the red ink continued to stain the company’s balance sheets, and most because of Vodafone’s illogical acquisitions of the past (Mannesman et al).

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Murthy’s call of strength

Here’s some more ‘soft’ power to India, yet again! At an Infosys global internship programme in Bangalore recently, Narayana Murthy, Chairman and Chief Mentor of Infosys, said that China was way behind India in the software sector, and that India should work hard to leverage this lead to get ahead in the global market. Although China has done wonders with its manufacturing sector, “India has had a lead of 20 years over China,” he added. He had other very encouraging points to say about India’s stranglehold in the software sector: including the fact that India attracted “middle class professionals”, who are smart, who work hard and who understand customers and operations better; how quality matters for most Indian companies; and how India has a fairly advanced system. But Murthy put out a big word of caution too. He said that India should never make the mistake of underestimating China which is an “extraordinary nation and if it decides to put its soul into something it does it well.” He went on to point out the strengths of China: like, for instance, the country’s excellent education system, and its two trillion plus dollar economy with $950 billion worth of exports.

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian

Which is the sexiest profession in the world?

Another aspect of lifeguard life is the need to constantly train and be in prime physical condition. That is where lifeguard competitions come in. Originally started as a means for various lifeguards to match their skills against the best in the business, over the years these events have grown in relevance and meaning. A crucial component of life-guarding is the ability to work together, to co-ordinate, to rely on the other person to do their job, and the competitions help to do just that. The latest competition on the horizon is the USLA (United States Lifesaving Association) Lifeguard Championship, to be held in August, in South Carolina. Events include Rescue board race, Ironman/ woman, Surf swim, etc. All designed to build endurance, teamwork and impart crucial realtime training. Guess even the world’s sexiest profession needs a lot of hard work.

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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies

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The Daily Indian IIPM Think Tank

The Sunday Indian