Pallavi Kathuria : Director, Server Business Group, Microsoft Corporation (I) Pvt. Ltd

What is the scope of virtualisation as we are moving towards digital convergence?
Virtualisation is clearly one of the most critical and sea changing IT concepts with wide reaching implications for the global as well as Indian scenario. Analysts too have acknowledged the wide-scale adoption and success that virtualisation technology is experiencing in the market today. In fact, Gartner recently termed virtualisation as a “revolutionary technology” that will have the highest impact on IT infrastructure & operations till 2012. According to IDC, share of virtualised servers is expected to double by 2008 end.

Is India ready for virtualisation yet?
India has grown to realise the potential of virtualisation technology. Businesses across verticals like IT & ITeS are early adopters of consolidation & virtualisation. The success received by this technology has now triggered the momentum of its adoption in industries like BFSI & manufacturing. Enterprises in India are fast picking up on its additional benefits like savings in power consumption and improved investment in physical office space. Server virtualisation apart, storage virtualisation is fast emerging as a key technology trend in India.

How does virtualisation enhance an organisation’s business value?
Based on a single server, virtualisation creates multiple servers allowing several operating system applications to share a single hardware processor – thereby utilising a common processor, memory, network storage & resources for running each of the servers. Some key advantages of virtualisation technology that enterprises benefit from:

• Server consolidation: By consolidating multiple workloads onto a single hardware platform, enterprises can maintain “one application/one server” while reducing physical server sprawl.
• Maximised uptime: By compartmentalising workloads, users prevent one application from impacting the performance of another, or causing a system crash.
• Robust disaster recovery: Virtualisation strategy allows businesses to maintain instant fail-over plan that provides continuity throughout disruptive events.
• Reduced application compatibility testing: By virtualising applications and delivering them on demand to desktops, application-to-application conflicts are nearly eliminated. This significantly reduces the amount of regression testing that is required prior to deployment and prevents most compatibility problems
• Support legacy and LOB applications: Terminal Services and/or desktop virtualisation can enable applications written on older operating platforms to be supported in a current operating system without software code revisions.
• Efficient server maintenance: Flexibility of shifting workloads between physical servers with minimal disturbance to their operation allows planned server maintenance to be performed without service disruption.
• Streamlined provisioning: Adding workload resources can be accelerated and de-coupled from a hardware acquisition process. If a particular business process requires additional capability to meet business needs (say, a web commerce engine), adding this capability is streamlined and immediate.
• Reduced complexity: When managing the virtual infrastructure with the same tools for physical assets, customers can reduce system complexity and streamline changes made to the overall infrastructure

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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BLAUPUNKT HAMBURG MP57

IIPM Programme :- SUPERIOR COURSE CONTENTS

Technical Specification
CD/ MP3/ Rewritable compatible; USB (port) compatible; Bluetooth integrated ; Auxiliary input; Power45 X 4W; Flip head/ Slot Loading
PRICE: Rs.13,500;
WARRANTY: 2 Years

The Blaupunkt Hamburg MP57 has become one of the most desired and versatile mobile sound system. The system can be integrated with a mobile phone through Bluetooth. Other devices such as PDAs can also be integrated with it, guaranteeing optimal user-friendliness. The header not only displays numbers and contacts, but also allows selection of music files without disturbing tracks in sequence. To add value, the product offers 180W of pure power matched with a 3 band equaliser.

Marketers’ delight: For the new age ‘symbian’ user.

Tester’s note: Pros– A music cum communication device. Excellent sound. Bluetooth enabled. Integration friendly.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
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HCL Ezeebee (Z991 Core 2 Duo)

IIPM Programme :- SUPERIOR COURSE CONTENTS

Technical Specification
Core 2 Duo Processor E4500; RAM: 1 GB;Graphics: Intel GMA 950; HD/ Blue Ray Support: No/ No
PRICE: Rs.23,990 without taxes;
WARRANTY: 1 year

HCL Ezeebee Z991 powered by Core 2 Duo Processor E4500 features advanced 6-channel audio hardware built-in on the Intel 945GM chipset motherboard which enables the system to produce sound on six different channels (2 in front, 2 in rear, one sub woofer and one centre speaker). It features the Intel 945GM Chipset, 1-GB DDR2 Memory (667 MHz), 160-GB Serial-ATA 7200rpm Hard Disk Drive and slide-in 32x DVD Super Multi Dual Layer DVD writer with upto 8.5GB data capacity. With a very low-range price tag, the HCL Ezeebee Z991 can be the best buy from among a number of other branded PCs, especially for first time purchasers.

Marketers’ delight: For a price sensitive market like India, there can be nothing more marketable than the HCL Ezeebee Z991.

Tester’s Note: Pros – A budget conscious configuration, yet not far behind its competitors in performance with a Wi-Fi interface. Con – The 6-way surround sound does not work with the preset configurations.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
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After four decades of prosperity, Japan was hit by an economic b0mb in 1991. Worse, no foreigner could be held responsible for it; none except Japan

IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

Hitachi, the then largest producer of electrical equipments and computer chips announced a loss of 100 billion yen and job cuts of 4,000 during FY1998, its firsts after World War II! There were many others too joining it over the cliff. Toshiba, the country’s second largest electronics group being one as Yoshihiko Wakumoto, the-then Senior VP, Toshiba Corp. confessed, “In 1991, one market after another turned bad. Our pre-tax profits for FY1991 may be down a whopping 42%...” That year, Toshiba announced its first loss since 1950, blaming plummeting prices of semiconductor chips and computer accessories. The news also caused semiconductor-related stocks to fall further on the Nikkei. Another victim which came crashing was Matsushita Electric which also announced losses for the first time in decades. Not to be forgotten, blue chips like Sony, Fujitsu and NEC also experienced falls of over 40% in operating profits during 1991. The worst hit were Japan’s security houses, which were facing the brunt of a falling stock market. Of the few that survived the crash, one Nomura Securities, which was once the country’s most financial venture announced a 80% fall in annual profits. One of the biggest impacts however was on Toa, Japan’s second-largest electric furnace steelmaker which announced its winding-up post debt accumulation of 250 billion yen!

In short, no sector was left unpunished. The domestic auto average sales fell below 5 million in the years that followed the recession. Nissan on an average lost 4.2% in monthly sales and as a result cut jobs and reduced working hours. Sony too lost a shameful $156 million during 1991, its first ever! This also forced the company to reduce its capital spending by $2.15 billion and R&D spending by $1.8 billion. As Kenichi Ohmae, MD, McKinsey & Co. Japan asserted, “This is the first time we have experienced an asset-based recession. Nobody knows how deep it is,” indeed, Japan was hit by a shock wave that caused years of havoc.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
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JOHN CHAMBERS - Hi-tech vision

IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

JOHN CHAMBERS
Hi-tech vision

As the global leader in networking for the Internet, Cisco’s meteoric rise can be attributed to a lot of factors. But one, which simply can’t be ignored, is the highly aggressive streak in John Chamber’s (Chairman and CEO, Cisco) personality. These words gain more credence as one looks at Cisco’s growing presence and its huge plans for India (which is part of its APAC Theater, which contributes to 11% of Cisco’s global revenues)in the years to come.

The proactive bent with which he has devised India strategy, is simply astounding. Moving to Bangalore, with a Global Development Center, the largest outside US and housing 20% of Cisco’s top brains is just a part of his big plans which are already taking shape; all to gather a strong foothold in the fastest growing market for technology products across the globe. He aims at two-fold increase in Cisco’s revenues from India, to $2 billion (almost 5% of the total global revenue) by 2010, from an impressive $1 billion figure (2%) clocked in FY 2007. Although, networking solutions still continue to lead the way for Cisco globally, it’s more than just routers and switches in India for John. He plans to enhance Cisco’s focus on voice, mobility, data centers, security and unified communication technologies where the real integration seems to be happening. Not to forget Cisco’s growing strategic investments, in various companies which include potential sectors like gaming and healthcare, through its venture capital arm in India.

John sees India as intrinsic to Cisco’s growth and not merely as a low-cost destination. Of $1.1 billion which Chamber pledged for India just two years back, $750 million alone would be invested in the development center at Bangalore, a place from where he plans to cater to the demands of emerging markets in Asia, Middle-East, Africa and Latin America and developed markets like US and Europe. Moreover, he has restructured his India strategy to cater to regional geographies and business clusters. Clearly, it’s India from where this maverick chief executive of Cisco plans to drive Cisco’s transformation in a globalised world this century.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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SUPRIYA SALE - The ‘pow(A)er’ girl

IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

SUPRIYA SALE
The ‘pow(A)er’ girl

This century may belong to many a stalwart, but surely, this lady too will make an impact in shaping India’s destiny. But how is what you may question. Well, Supriya Sale, daughter of National Congress Party (NCP) chief Sharad Pawar is playing her part in actively shaping India’s political and development story.

Supriya immersed herself into the pool of politics nearly six years back. And it’s different here, as for her, politics is not just a means of earning bread but a platform from where she has improved the lives of millions. She has been active in bringing about social changes (like working for women empowerment, self-help groups, disabled rights & working for tribal rights) and improving infrastructure in the areas of education & health. She is also an active member of a school in Talasari (Thane district) in Maharashtra, which she operates under the aegis of Sarva Shikshan Abhiyan. Dressed in a simple salwar kameez with a traditional mangal sutra, this Rajya Sabha member has always been upbeat about improving the living of the destitutes in her constituency. In just six years of her political career, she has done much more than her counterparts could ever imagine. Worthy of mention is the fact that despite living outside India for several years, she has understood issues facing the Indian underprivileged. Today, she has built her own identity and rarely (rather never) uses her father’s name for strengthening her presence in the political arena. Even if she continues her efforts at same level for the next couple of decades, many underprivileged millions will surely find India a better place to live in. With time, what can be expected from Supriya is that she will do good for the Indian mass, thereby making this century a happy one for all in the sub-continent. She hardly strives for publicity which is another rare characteristic of this lady-commander who is bound to make a mark in India’s political history. ‘Actions speak louder than words’, and she understands that really well!

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
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Putin’s protege is Russian Prez

IIPM - Admission Procedure

Medvedev to ensure political continuity in Parliament

The Putin loyalist, Dmitry Medvedev, is all set to be Russia’s next President. The 42-year old former lawyer will be Russia’s youngest ever president. According to Russian election commission announcement Medvedev has won more than 70% votes to be appointed to the Presidential post on March 7. In an election which saw almost 70% voter turnout, Medvedev’s closest rival, the Communist leader Gennady Zyuganov, could secure only 17.8 % votes.

The rivals in their traditional style have called the “election a one-sided farce”. “This is a secret service KGB operation to transfer power from one person to another,” said former Prime Minister Mikhail Kasyanov, who was disqualified from fighting the elections.

This obviously is a natural outburst from a politician who has witnessed Putin exercising a tight grip over the Russian economic and intellectual resources over the past eight years. However, it is also a well known fact that Medvedev is a devoted Putin protégé, who has vowed to follow the policy guidelines enunciated by his mentor. Medvedev has even gone to the extent of promising to appoint Putin as his prime minister. But aren’t such political manoeuvring common in a democratic set-up? Almost all incumbent governments across the globe use state machinery to promote their party candidates. Why should the West cry hoarse and call the recently concluded polls less than democratic?

What the West seems to forget is that a well-managed Russia is a better bet for the growth of democracy and the health of global economy, than a timid & corrupt Kremlin of the Boris Yeltsin era in the 1990s.

B&E edit bureau: Atul Bharadwaj

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
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It’s an oily blow once again

IIPM - Admission Procedure

With crude still at a high, what will happen to the burnt-again OMCs?

The start of 2008 saw global crude oil price gushing past the $100-mark for the first time in history. Although it returned to normal levels within a week, it certainly guaranteed a more persistent pain for oil importing nations like India, who find it difficult to cope up even with the $90-mark. So, what do we do now? “Crude prices have crossed the $100-mark and as such we are bound to raise fuel prices,” announced Murli Deora, Minister for Oil & Natural Gas. “But it would be minimal,” he immediately indicated.

It definitely appears to be the right move considering that even a slight rise in retail fuel prices might add on to the inflationary pressures which, at present, is at its highest in last four months (at 3.79% for the week ended January 5, 2008). But then, it boils down to this single question: If not the consumers, then who is going to feel the brunt? Well, the burden of losses once again will fall on the shoulders of the oil marketing companies (OMCs) like HPCL, BPCL and IOC, which are already heading towards combined under-recoveries of Rs.697 billion for FY 2007-08. All this is thanks to government policies and current price scenario that is making them lose Rs.10.60 per litre on petrol, Rs.11.60 per litre on diesel, Rs.331.4 per LPG cylinder and Rs.19.89 a litre on PDS kerosene.

Moreover, with fuel prices not being raised since June 6, 2006 (although the international crude prices have increased sharply in the past six months), these OMCs seem to be the worst hit. According to industry sources, India’s crude basket has risen by about 170% in last three-and-a -half years, with crude prices reaching $88.18 per barrel (on January 22, 2008) from $32.37 in April 2004. However, during the period, retail prices of petrol have gone up by just 29% and those of diesel by 40%. So, what does a company do when its input costs rise manifold but is able to pass on only a small portion of that to its consumers? Nothing but just wait and watch (of course if it happens to be a PSU) till the government intervenes.

However, Rohit Nagraj, oil and gas analyst, Angel Broking prophesies, “The quantum of losses will surely cross Rs.700 billion for FY 2008-09. Of this, the government is likely to bear the burden up to 42%, while 33% of the same should be borne by subsidy prime companies.” No doubt, to partly compensate the losses of state-owned OMCs, the government has already issued bonds worth Rs.112.57 billion to them. But then what about the rest? Thus, to fight escalating global crude prices, the government will also have to juggle with the duty structure of petroleum products. It will have to use the twin weapon of waiving off the majority of price taxes in petroleum products along with reducing the excise duty on these products or else it’s a hard blow for OMCs once again. But then, will it do it and lose revenues?

B&E edit bureau: Ratan Lal Bhagat

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

For More IIPM Info, Visit below mentioned IIPM articles.
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Who will witness s(elections)?

IIPM : EXECUTIVE EDUCATION

World may not witness a major transformation in 2008

Election has always been crucial for the future of any nation. Though 2008 is a crucial year because there is election in most of world powers or dominating countries but estimations show that there will hardly be any major change in their leadership. Ramifications of elections in major countries may remain skeptic and theatrics.

Inspite of much hue and cry, election in the US will be worth watching closely. The US election seems to be more of a race between many bright leaders than two political parties. And in rest of the countries, it will be selection, rather than election. Russia, Zimbabwe, Cuba are also going to have presidential elections in 2008. Putin might replace himself with a new face but leadership will remain with him. Castro is thinking of retirement but he or his legacy will remain to dictate Cuba’s destiny. President Robert Mugabe remains irreplaceable since 1980s. And election in Pakistan is never 100% election. It always waits for resurrection. Whatever the outcome, Musharraf will remain the strongman backed by influential military. In other countries going to polls, there will be a minor leadership change in Egypt, Syria, North Korea, Turkmenistan, Zimbabwe, Belarus, Venezuela, Kazakhstan, Uzbekistan and Tajikistan.

In the era when democracy proves to be the only major recipe for success over other political ideologies and seems to be the only solution for human rights, equality, corruption, and tool for any other way of socio-economic upliftment, the year might not witness a major transformation from the prevailing status. Future of many countries remains in the hands of few individuals. Where the solution lies then? Perhaps, an alien can answer this than a conscientious person…

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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2007 – Another year of pushing the envelope!

IIPM : EXECUTIVE EDUCATION

For our column that lauded transparency in US business environment, people accused us of everything from ignorance to collusion

About this time last year, we received an e-mail from a reader, who asked if we believed America’s competitive success was linked to its relative lack of corruption.

Having just spent two weeks in Latin America, where we heard countless stories of systemic governmental misbehaviour, we replied that we agreed. Yes, the US has its share of corruption, largely in public works projects, but, we wrote: “Virtually no one starting a company in the US today has to worry about covering the hidden costs of bribes, payoffs and kickbacks.” The notion seemed so self-evident to us that, as we sent the column in to our editors, one of us commented, “This ought to be a quiet week.”

Talk about being blindsided! That column was one of our most controversial of the year, enflaming slews of readers who accused us of everything from ignorance to collusion. “Stop it! It is a known fact that private enterprise owns the government, paid for with bribes in the form of campaign contributions,” one typical letter read. “The whole American system is rigged and you’re either idiotic or blind not to know that,” said another. And that was just in January.

As 2007 unfolded, we were to write four more columns that sparked particular sound and fury. Now, most of our columns receive a hefty response with general commentary on our point of view. That’s not what we’re talking about here. We’re talking about columns that generated an avalanche of mail with... well, let’s call it “heightened emotions.”

Take our March column decrying the Employee Free Choice Act. That bill would have allowed organisers to start unions by getting 50% of employees, plus one person, to sign union cards – instead of the current procedure that involves a federally supervised secret ballot. If our column on corruption set off a firestorm, this one unleashed a conflagration. This time, however, we weren’t surprised.

We knew that organised labour loved the legislation. Why wouldn’t they? By removing the secret ballot, it would make unionisation much easier. We also knew many business people feared it to their bones, feeling, as we did that, if the act was made into law, it would be a real blow to US competitiveness. We considered it the “Unemployment Act.”

Ultimately, the act did pass in the US House of Representatives, but stalled in the US Senate. Regardless, for weeks after our column was published, we received torrents of e-mails. Tallying them up now, it’s amazing to see they actually ran 2 to 1 in favour of our position, perhaps a reflection of our readership more than anything else. But without a doubt, the negative responses were the most colourful of the year, our favourite still being the letter that read, “Jack, we’ve got you scheduled to run sewing machine #13 when you get to hell. By the way, that’s a non-union shop.”

A similar level of passion greeted our column about Joe Torre, the manager of the New York Yankees baseball team, whose contract with the team became a cause célèbre in November. For the record, our purpose with the column was to illustrate the importance of keeping contract talks quick & private. But by a margin of 3 to 1, readers told us that our Torre example was, pardon us, off base.

“If you want to write about how to back a beloved employee into a corner and out the window of a high-rise, so you don’t look like the bad guy, then use Torre,” as one put it. “You missed the point. Joe deserved better.”

By contrast, our most popular column this year was the love letter we wrote to Gen Y. This is a group of young people who – despite their negative press – we have consistently found to be engaged, worldly, entrepreneurial & hungry to win. Apparently, our view struck a chord, that column elicited a rush of letters from grateful 20-somethings, as well as their employers, professors... and even some of their parents. “Thank you!” one mother wrote us, “At last someone has the guts to see these kids as we see our daughter & her friends – the hope of the future.”

Finally, a July column on bosses who get it all wrong, didn’t spark controversy as much as inspire a boatload of advice to us... about what we failed to mention in our list of the top five boss dysfunctions. But we were perhaps the most taken aback by the e-mail we received from a reader who hung the column inher cubicle. A few days later, a manager told her to take it down and stop “pushing the envelope.” We’d say, never stop that! Especially, keep pushing back at us. We look forward to opening a whole new envelope of hot topics in 2008.

Jack Welch & Suzy Welch

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

The new age iWeapon

IIPM’s 36th Glorious Year of Academic Excellence

Information as pinnacle of excellence

“There are but two powers in the world, the sword and the mind. In the long run the sword is always beaten by the mind.” These words by Napoleon Bonaparte aptly describe the power of intelligence. History has often been testimony to vindicate this. Way back in 1991, during the Gulf War, Dutch hackers stole information from the US Defense Department computers about the US troop movements and later try to strike a deal with Iraq, who on the contrary, turned it down stating it to be a hoax. Similar attempts of information theft again happened in January 1999 (at the US Air Intelligence computers) then in May 2007 (Estonian public services’ homepages) and then in June 2007 (hacking of Pentagon’s computer). All these attempt of retrieving information clearly depicts that information is considered to be the most powerful weapon in any kind of warfare. Information gives the owner a competitive advantage against its enemy in almost any form of competition, be it at corporate level or at global level or at geo-political sphere. Since middle of 20th century, there have been unexpected developments in the technology dealing with information that eventually led to significant improvements in the domain. For the big business, especially the multi-national conglomerates, this technology was not less than the ‘gold-rush’. Almost all information was to be digitalised and thus a huge virtual cyberspace came into existence. The power of the information can be well estimated from the fact that if a Third World country spent a tenth of its income on informational weapons, they could damage the US in an unimaginable way.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

On the Track’tor’... dreams & ambitions unlimited

IIPM’s 36th Glorious Year of Academic Excellence

Behind his octogenarian facade, L.D. Mittal, Chairman of Sonalika Group, is a shrewd and insightful young man. He speaks to angshuman paul about the past, present & future of his tractors, farm equipment and MUV dreams

He has crossed the ripe old age of 77, but has the responses of an aggressive teenager, when you start talking about his favourite topics viz. tractors, utility vehicles farm equipment and Nishabd. Yes, you heard that right! His favouite movie is the Big B and nimble nymphet starrer Bollywood flick and get this... he is very “inspired” by its theme. “Age should not make people give up,” says L.D. Mittal, Chairman of the Rs.50 billion Sonalika Group. We certainly hope that he is not referring to the lovely lass in the film, but then, Mittal has the youthful heart of a young lad and a shrewd mind, trapped in the body of an aging patriarch. This one’s certainly no pushover, instead, if anything, he’s a multifaceted leader, with contagious energy levels.

On one hand, he’s the aging boss-man of India’s leading tractor manufacturing company, International Tractors Ltd. (ITL), a subsidiary of Sonalika Group; and on the other, he’s the youthful entrepreneur, not afraid of venturing into virgin, demanding territories. His deft moves to move in quickly with the Rhino, to fill in the gap left by Toyota’s withdrawal of its successful Qualis from India’s fast-growing Multi Utility Vehicle (MUV) segment, is standing testimony of Mittal’s dexterity. According to SIAM data, in the MUV segment (seven passengers plus), International Cars & Motors Limited (another subsidiary of the Sonalika Group) has sold 583 Rhinos in the period April 07’-May 08’, overtaking General Motor’s highly successful Tavera in the segment, by a neat 179 units. ICML, in fact, has plans to spend another Rs.700 crore by 2009 on product development and increasing utility vehicle manufacturing capacity at its plant in Una, Himachal Pradesh.

And to think that the man behind it all - L.D. Mittal - actually began his corporate journey as a Branch Manager in Life Insurance Corporation of India. Armed with his corporate experience, a few years later, Mittal joined the family business of tractor manufacturing and there’s been no looking back ever since, as the group proliferated from tractors to engines, farm equipment and MUVs. However, the road to diversification and expansion were filled with speed breakers. “Challenges where always. Innovation is the survival mantra in business, but we focused only on innovation that had the ability to improve agriculture and benefit farmers,” Mittal affirms. So, even as rivals (read: Mahindra Group) were busy focusing on the mass market, Sonalika created an edge with its niche positioning. Customising tractors to individual needs was Mittal’s brainchild, for which he feels that he bagged the Ernst & Young Entrepreneur of the year award a few years ago.

Having carved his place in the Indian tractor, MUVs and farm equipment market, Mittal is now gung-ho on auto components manufacturing and real estate as the next big growth opportunities. “If and when, we diversify into real estate, it will be again limited only for the rural economy,” adds Mittal. For now, with demand relentlessly moving up, the group has to run 2 to 3 shifts in its existing manufacturing plants at Hoshiarpur & Una, which, according to Mittal, has enabled them to “maximum resource utilisation and cost savings.”

And here’s the million dollar question. Given their capacities and expertise, why isn’t Mittal venturing into the small cars segment? Specially when giants like Tata are gung ho with their ultra cheap Nano. Here’s Mittal’s take: “I don’t think Ratan Tata’s Nano would work in India as the future is in big cars. Even in rural areas, where people can’t afford big cars, it’s being used as a public vehicle. So, when we do venture into car manufacturing, it will be with big cars.” For the record, earlier this year, Mittal had announced plans to launch a “world car” (including SUVs and high-end luxury cars) by 2010, in technical collaboration with Italian car designer Pininfarina for design and process engineering.

Mittal seems to think he has the pulse of the Indian market and he may be right for all we know. He believes a true entrepreneur should not only think of his business but also the welfare of the society and his people. “Leadership cannot be commanded, it has to be earned and that can be earned only when you are concerned about your people. We in Sonalika have adopted various models where we make sure that both the organisational goals and at the same time employees development is achieved,” explains Mittal, adding that the vision has actually enabled him to achieve his dreams, among them manufacturing virtually zero-defect tractors.

But in spite of his busy schedule, he manages time for himself and the secret lies in following a strict daily routine, which starts from yoga. Affirms Mittal, “If you plan, you can have time for everything. I start my day with meditation and yoga and make sure that I have time for everything,” he says, adding that he makes it a point to visit lesser known destinations across the globe. A firm believer in simplicity, Mittal argues that, “deep down, every human being is simple and if you deal with them honestly, they understand you. This belief has helped us at Sonalika to always work as a team.” Down to earth and straight from the heart, he is no Ratan Tata of the Indian auto mart. But then, L.D. Mittal is doing what he does best... connecting brilliantly with rural India and leaving others of his ilk nishabd... literally!

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Gujarat - the melting pot of various cultures (corporations too!)

IIPM makes business education truly global (Print Version)

The state which contributes 20% to manufacturing, 14% to exports and 30% to stock market capitalisation is certainly the edifice of economic activity in the country. But it’s the forward looking policies along with the world class infrastructure that makes it one of the most preferred investment destinations says neha saraiya...

Gujarat - the melting pot of various cultures (corporations too!) - is enough to make a person succumb to its formidability. Where else can you find a vibrant culture assorted with equally mammoth enterprises like Essar, Arvind Mills, Reliance Industries and Amul? Well, not only industries, this land of festivals (more than 3,500 being celebrated every year) has also been bestowed with a rich flora and fauna that only few states in the country can boast of. These, in all, are reasons enough to find it a place among the top three Best Marketed States in this exclusive 4Ps B&M and ICMR Survey 2008.

Starting from the densely wooded Dang forest in the Sahyadri’s to Gir (the last abode of the majestic Asiatic lions), Gujarat has it all to lure a vigorous traveller. How can one forget the famous Garba dance that has now become an integral part of Navratra celebrations anywhere across the country? Certainly, all this has made tourism as one of the most flourishing industry in Gujarat contributing about 2.5% to its GDP. This indeed triggers up a razzmatazz of decisive agendas of the government’s vision of forming investor friendly policies along with a favourable environment for tourists. As Kingshuk Bishwas, Marketing Manager, Tourism Corporation of Gujarat says, “We just held ‘Ranotsav’ (Festival of Dessert) at Kutch where we received overwhelming response from corporate investors. Besides this, Vibrant Mahotsavs are a regular hit. We are also in a process to provide more incentives to corporate investors.” And as sincere efforts are always paid off, the state too attracted over 12.34 million tourists (FY 2007). Surely it’s a huge pie for investors to grab from!

What draws investors to Gujarat apart from tourism are special economic zones (SEZs). With a great incentive policy under which any industry can invest in the state, Gujarat is expected to engross one-third of country’s total value of export from SEZs by 2009. This is certainly a huge jump from its current share of 20% in the country’s total SEZ export turnover. “Exports from Gujarat SEZs are estimated to reach up to Rs.350 billion by the end of next fiscal year,” says Ravi Saxena, Development Commissioner, Kandla SEZ.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Sandipan Bhattacharya (31) & Manoj Deb (35), BBDO India.

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

They’ve been together for the past 11 years and have shared both good and bad times, as if they were a couple. But Sandipan and Manoj have been much more than a couple. They have been creative partners, and that too in a field that sees a lot of churning and people moving on at a whirlwind speed. They have together enjoyed stints at Saatchi & Saatchi, Enterprise Nexus and Grey Worldwide. And just early this month, the duo moved to BBDO India. No doubt with such professional proximity, both sing praises of each other. “He (Sandipan) is really good at crafting and I really admire him as he is always so enthusiastic and eager to work,” says Manoj.

Similar thoughts are echoed by Sandipan who says, “The key to a great creative partnership is knowing the strings of each other and knowing how you can complement each other. And that’s how we have been working closely together for the past so many years.” With a wealth of experience behind them, the duo have worked on campaigns for Hyundai Santro, Hyundai Accent, Chevrolet, BPCL, Haier, Maruti WagonR, Aviva Life Insurance, OCM Suitings, Suzlon and a host of other ads. And now at BBDO, they have started working on the 7UP ad, which will be out soon. But both were unanimous while selecting their best work till date. The Orbit White campaign created by them, where the veterinary doctor keeps checking the cow’s whitening teeth, is their hot favourite. What’s more, their creative wealth has taken them far beyond the realm of advertising. The duo have even conceptualised and designed restaurants. Some of the Delhi’s finest concept lounges and restaurants designed by them include Shalom, Laidbackwaters and Line of No Control. Strangely, for two people who work as close as Sandipan and Manoj, they have set different goals for themselves. While Sandipan someday wants to create memorable campaigns, Manoj, on the other hand, wants to take everyday as it comes and does not have any high goals at the moment. Difficult to buy that one, right?

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

For More IIPM Info, Visit below mentioned IIPM articles.
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM, GURGAON
IIPM - Admission Procedure
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Apple’s iTune ploy

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Steve Jobs plans to offer free iTunes. Will the move help Apple secure its position in the music industry?

Stagnant iPod sales and mounting pressure from companies offering DRM free music, Apple is finally reconsidering its iTune subscription model. Rumour mills started working overtime when a leading daily in US reported that Steve Jobs, CEO, Apple Inc is in talks with major music labels for providing unlimited access to iTunes, Apple’s flagship online music store. Under the so called offer, users of iPhone and iPods will pay an upfront fee of $80-$100 and have a lifetime unlimited access to the iTunes library. Another option would be to charge the iPhone users with a monthly rental of $8.

If at all Apple decides to go ahead with their plan, Jobs may be fighting too many battles at a time. First and foremost would be DRM of the songs downloaded from iTunes. Imagine what would happen if someone downloads the entire library of iTunes and starts sharing it with P2P software’s. Though the report says that Apple may allow the users to keep 40 to 50 songs, the rest they will have to listen via live streaming, but it is a no brainer that streamed media can be ripped. Also, there lies another glitch. iPhone at present is available only with AT&T and out of four million plus iPhone’s sold till date, a quarter of them are unlocked. So accessing the iTunes with iPhone goes for a toss. However a music subscription service could help the iPhone gain market share in the cellular space, said Frank berry, director of industry analysis at the NPD Group. “Or it could bring new excitement to the digital music players, which are starting to mature a bit. And if it is tied to new models, it could be a reason for people to upgrade their iPods”, as Frank further added.

As of now, Apple’s iTunes is doing well with their current business model of charging 99 cents per song. This has catapulted them as the second largest online retailer of music, raising a question as why Jobs wants to disrupt it? The answer may be a similar deal that was inked between Nokia and Universal Music. As per the deal, selected handsets of Nokia will have 100 songs chosen by the buyer. Of course this has helped Nokia to strengthen their position in market but would Apple be able to do the same is questionable. Again for this, Nokia is supposedly paying a premium of $80 per handset whereas Apple may just pay $20 per user if any such kind of deal is inked. On the other hand what Apple is planning to do is something similar to what Microsoft did with Netscape. In that case, bundling Internet explorer with Microsoft Windows nearly killed Netscape and if Apple offers unlimited access to iTunes, it may spell doom for other online music retailers.

Whatever may be the end result, if Jobs is involved one must not be surprised if the final result is beneficial for all, of course we are talking Apple as well.

Karan Karayi

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

For More IIPM Info, Visit below mentioned IIPM articles.
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM, GURGAON
IIPM - Admission Procedure
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)