Pratibha Patil

Pratibha’s stint at the Centre began in mid-eighties. From 1985 to 1990, she was a Rajya Sabha member, where she acted as the Deputy Chairman for two years from 1986-88. During her Rajya Sabha days, she also headed Rajya Sabha Committee on Privileges and was a member of the Business Advisory Committee too. In 1991, she added another feather to her cap by getting elected to the 10th Lok Sabha on a Congress ticket. After her stint at the lower house, she quietly went into wilderness to lead a retired life. Destiny had so much more for her to achieve. In 2004, she was recalled by the Congress party to take over the Governorship of Rajasthan. She accepted the appointment with grace and performed the task with élan. A non-controversial, loyal-to the- core Congresswoman, Pratibha had another tryst with destiny, when she was chosen by the ruling party to be its nominee for the prestigious post of President. Neither Pratibha nor her family had ever expected this news to sink in so easily. She was planning her final retirement and was almost through with her political career, but things changed overnight.

Since the UPA has the numbers to ensconce Pratibha in Rashtrapati Bhavan, her victory seems well-nigh certain at this juncture. She has promised not to be a rubber stamp President. She may not be a star politician, but she is certainly a performing politician, a team-person and above all, she has displayed good leadership skills throughout her political career. Now she is most likely to be the first Indian woman Commander-in-Chief of the armed forces. Way to Go!

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Iran-Malaysia cooperation to checkmate US moves

Kuala Lumpur intends to use the opportunity provided by anxiety over Iran’s eventual fate among global players to its advantage. The game is simple. Singapore, the staunch US ally in the region , is strategically placed close to the Malacca Strait (a shipping route through which oil reaches from Iran to the ports at South China Sea). In order to apply pressure on Iran, the US may use its existing strategic leverage in Singapore and choke the Iranian oil supplies. If this was to happen, China (which draws a lot of its burgeoning energy needs from Iranian oil fields) would feel the pinch. This politico military calculus is causing a lot of consternation, both in China as well as Iran. This anxiety is being used by Malaysia to strengthen its economic base. The solution they are now working upon is to help China and Iran by-pass the ‘Malacca dilemma’ by commissioning refineries and pipelines running from its west coast (Yan in Kedah state) up to Bachok, located on the eastern coast of Kelantan state. This would facilitate the Chinabound oil tankers from Gulf to off –load at Yan, thus obviating the need to cross narrow confines of the Malacca strait.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

...of the current state of India’s defence...and offence!

We are essentially talking about India and Pakistan. While the chances of a nuclear holocaust have subsided much, still, the subcontinent is far from becoming a peace haven. And as if the envy of Pakistan hasn’t been enough, it has rather got a major booster from similar antipathy within many sections of Bangladesh. While the chances of much of the subcontinent becoming a hub of radical fundamentalism essentially remains above average, it can only go up as the increasing prosperity of the Indian economy creates more heartburn in the failing states of Bangladesh and Pakistan. And while an inclusive growth strategy for the subcontinent is of prime essence, in the short run, India is left with not much option but to increase its vigil, the reminiscences of 1948, 1965,1971 and 1999 still fresh in mind.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Is it fair that while the elite are safe in their protective cocoon, the common man fights the ‘War of Terror’?

The Bushies, it seems, do not believe in paying any of the cost of the fights. They do not believe that they or their friends should face any personal or professional penalties for trivial sins like distorting intelligence to get America into an unnecessary war, or totally botching that war’s execution. Even Paul Wolfowitz, who managed the rare feat of messing up not one but two high-level jobs, has found refuge at the American Enterprise Institute.

Which brings us to the case of I. Lewis “Scooter” Libby Jr. The hysteria of the neocons over the prospect that Libby might actually do time for committing perjury was a sight to behold. In an opinion piece in The Wall Street Journal titled “Fallen Soldier,” Fouad Ajami of Johns Hopkins University cited the soldier’s creed: “I will never leave a fallen comrade.” He went on to declare that “Scooter Libby was a soldier in your – our – war in Iraq.”

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

United States heading for Collateral damage...!

Given the likely scale of the problems in the collateralized debt obligation (CDO) market, the US stock market has held up well. In March 2007, we mentioned that the problems in the sub-prime lending industry would likely spread to brokerage companies and other financial institutions. Although the US stock market made new highs in June, brokerage stocks (with the exception of Goldman Sachs) were unable to better their January/February 2007 peak. Technically this is a negative sign for the entire stock market. Why? Because a very large chunk (about 45% of S&P 500 earnings) are financial earnings derived from financial intermediaries directly (market capitalization of financials is approximately 23% of the S&P 500) and financial profits from treasury and consumer lending operations of large industrial giants (GMAC, Ford Motor Credit, GE Capital etc).

It is probably fair to say that every multinational corporation has a hedge fund similar treasury department, whose objective it is to minimize borrowing costs & maximize the return on the treasury’s cash holdings. Hence, the stock market has begun to have second thoughts about future corporate profits.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

The Fine Print

There are many more who are toeing the path to becoming conglomerates. Th e biggest media company of the country, Bennet & Coleman Co. has made its footprint in the TV space by launching Zoom and Times Now, it is going great guns in the radio industry too through its Radio Mirchi brand. While it is on a continuous prowl for new opportunities in the new media space apart from already having some popular properties like Indiatimes, it continues to be the leader in the print genre with the Times of India brand and many popular magazine titles under its firm grip. Meanwhile, Times of India group’s arch rival Hindustan Times launched the nation’s fifth financial daily ‘Mint’ in partnership with the Wall Street Journal. “A business paper was on HT’s radar for a very long time, and looking at India’s upbeat economy, we realised that there is a very glaring opportunity of being a strong number 2 in this category as 65% of the market share is under’s ET’s control and the rest is divided among the other three players,” says Ranjan Bhalla, Publisher of Mint. One of the country’s oldest media houses, Hindustan Times has also forayed into the radio medium (Fever 104 FM). Its foray into television called Home TV (a JV with BBC) failed in the 1990s and new plans are in the back burner.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Bush is violating constitutional norms & making US look ugly

MCA, the brainchild of the Bush administration, is a part of the well-planned stratagem to subvert civil liberties. The title innocuously refers to Military Commissions (criminal courts run by the US military).“Under the MCA, any US citizen accused of terrorism, including critics of the administration, is subject to being labelled an ‘enemy combatant’ in the war on terror and held indefinitely by the US military, as well as be tortured and denied due process of law & trial by jury,” Jacob G. Hornberger, President of the US-based Future of Freedom Foundation told B & E. Trenchantly lambasting this Jim Crowesque law, which is ultravires of the US Constitution & Bill of Rights, Professor Noam Chomsky of MIT opined to B & E, “The MCA is one of the most depraved pieces of legislation ever passed in the US. If it survives judicial review, the US will be well on the way towards the executive dictatorship that is the goal of the Bush administration.” This draconian act has veritably destroyed the ideals of the founding fathers of the US. This black law undermines the ‘Great Writ’ of habeas corpus & the US Supreme Court’s landmark ruling in June 2006 in Hamdan v. Rumsfeld, wherein it held: “military commissions to try an ‘enemy combatant’ are illegal and lacking the protections required under the Geneva Conventions & US Uniform Code of Military Justice.”

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

"On a Heuristic Viewpoint Concerning the Production and Transformation of Light"

Solar energy can generate heat, as Mouchout did, for electricity. And sophisticated engineering applied to converting sunlight to heat can be very effective indeed. A solar water heater has a black surface that absorbs sunlight and gets hot. The water circulating through the black surface absorbs heat from the surface and is stored in an insulated tank. Nothing complicated about it! Solar water heaters were popular in Florida & California in the 1920s. As of 2005, solar water heat is now required in new construction in Israel & Spain, and capacity grew by 23% in China..

Solar energy can be used to produce electricity by first converting sunlight to heat, then using the heat to generate steam to drive a turbine. Like a magnifying glass, solar thermal electric power plants collect the sun's energy. Some common designs:

1. Parabolic trough collectors to focus sunlight on a fluid-filled tube,
2. Flat, moveable mirrors (heliostats) which reflect and concentrate sunlight on a collector tower, and
3. Large reflective parabolic dish which focuses sunlight on a Stirling engine

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com

Why BMW... ...will not succeed!

Looking at the Gurgaon skyline while sipping his cappuccino this hot day of July 2007, Peter Kronschnabl, President, BMW India, looks dangerously confident to us, belying all our boastful analytical claims about why BMW will not succeed in making money in India (at least not in the next five years). Does his confidence emanate out of the March 2007 inauguration of BMW’s first plant in India in Chennai? Or is it the fact that India is the second fastest growing car market in the world? Or that the last year has been the most successful ever in BMW’s international 90-year-old history? Well, we weren’t ready to give up investigating...

So what gives, Peter? For starters, as a cutting edge strategy, Peter is honed on to market BMW’s volume product – the 3 series petrol beast – in two separate segments, the 320i model for the entry level consumers, and the top end 325i for the performance driven. This ‘segmentisation’ within a segment has been a first in this sector, whereas competitors sell only one variant in the bread and butter segments, namely Audi’s A4 2.0 and Mercedes Benz C200. Apparently, BMW will do product differentiation between its top and entry level models for full utilization of the available product line up. But would Indians really care for this ‘differentiation’?

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

Ctrl+Alt+Del to....

Ukraine is swiftly wiping out its old memories & scampering towards development, backed by strong industrial & agricultural sectors. The current socio-economic developments in an otherwise fractured & volatile polity are undoubtedly a big achievement.

While slow pace of reforms implementation had an opportunity cost attached with, in 2006, the output grew upto 100% and compensated for the same. Most importantly, Ukraine has developed a strong civil society through the serene ‘Orange Revolution’ that helped to institutionalise and organize the government activities along with the help of various NGOs & Task Groups.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

Now connecting with communicator

Nokia recently unveiled its most advanced smart phone series E90 Communicator in the country. Priced at Rs.40,500, the phone takes web interface to the next level and boasts of two cameras, video conferencing, high speed internet and email access & maps application for location based services. And there’s more – it also allows users to view, open & edit e-mail attachments with ‘Quick Office’ in addition to off erring Adobe Acrobat Reader & Zip Manager. According to the company officials at Nokia, the smart phone market is growing at a rate of 50% and globally Nokia has sold more than 200 million units of such phones. The launch of E90 is expected to boost the user base of Communicator in India which is already 1,50,000 customers.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

The canary is dying, but has anyone noticed?

Is this the millennium melt down, or maybe, the time of change and atonement by humankind? Not only are we realizing that humankind is not separate from Nature, but we are also understanding we are just a single species amongst the myriad of life on this planet. A humbling fact is that while Nature can survive without us, we definitely cannot survive without the intricate processes of Nature. Are we to become as a species, an evolutionary firework, burning brightly and loudly at the beginning, then spluttering, and choking before petering out? Why has it taken so long to heed the warning signs of impending danger? Did the ever rising number of endangered species tell us nothing? We kill the forests and all their layered intricate workings, workings that contain more than half of the Earth’s species. The forests have been described as the most creative laboratories on earth, providing over half the pharmaceutical products used by humankind. Yet we destroy them.

For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Read more:-

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• Don't Pay for your calls....
• Neha RAWAT's Blog
• Ravi Sanyasi's Blog
• "There is more money....
• Rattan TATA ko gussa kiyon aata hai!
• The Nokia disconnect!
• IIPM Branches and contact No.
• IIPM News
• IIPM : IIPM Links
• IIPM: More about IIPM
• IIPM Alliances - IIPM - by RAVI
• IIPM PUBLICATION
• IIPM: The Indian Institute of Planning and Management
• THE INDIAN INSTITUTE OF PLANNING AND MANAGEMENT
• Pseudo-socialism is creeping back into the policy-making process ...
• Management Guru's Speak on IIPM
• Primary education as a mission under the banner of ‘Bharti Foundation’
• ...yeh Hindustan hamaraa...
• Hyundai & Maruti, set on a pricey path!
• THE GREAT INDIAN DREAM
• IIPM is Here

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com

Save Sunderbans!

Famous author Amitav Ghosh’s book, The Hungry Tide, on Sunderbans might have earned numerous accolades. But what’s really happening to the nation that inhabits the largest mangrove forest in the world? Built over the flood plains of Brahmaputra & Ganges, low-lying Bangladesh (3-7 feet above sea level) is on the verge of submergence. As predicted by environmentalists, the much debated global warming has led to large scale melting of Himalayan glaciers. And if serious steps are not taken now, this may lead to grave impacts by 2015.

For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com

Steel Authority Of India Limited (SAIL)

Iron & steel is the largest energy consuming sector, devouring around 15% of world energy. Carbon trading is one of the major means to curb consumption, where SAIL is also launching huge projects. India is seen as one of the most attractive destinations for CDM (clean development mechanism) linked investments. According to Ernst & Young estimates, over 2,006 Indian companies have made revenues of about Rs.15 billion in carbon trading, a stupendous achievement. SAIL is taking the right step by collecting carbon credits for itself. After all, the future belongs to green business, and SAIL, for one, would be fancying its chances to take the lead.

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Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

. “They have taught us what we know. Peter is the consummate salesman and Nair, a creative genius”

It would be foolish to write-off Star just yet. It has reigned the Indian tele-tube for years at a stretch and is still leading. Sure, they seem to be in a mess right now, but don’t you forget, these are the very guys who introduced many successful formats to Indian television and marketed them like nobody’s business. Only if they find that one gimmick which clicks, Star India will be back at the top of the heap. Well, it’s just a question of a yet another path-breaking format that does a KBC for it. Who knows, Shah Rukh Khan’s thinking cap might be a big help!

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Read more:-

• News & Article
• Don't Pay for your calls....
• Neha RAWAT's Blog
• Ravi Sanyasi's Blog
• "There is more money....
• Rattan TATA ko gussa kiyon aata hai!
• The Nokia disconnect!
• IIPM Branches and contact No.
• IIPM News
• IIPM : IIPM Links
• IIPM: More about IIPM
• IIPM Alliances - IIPM - by RAVI
• IIPM PUBLICATION
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• Pseudo-socialism is creeping back into the policy-making process ...
• Management Guru's Speak on IIPM
• Primary education as a mission under the banner of ‘Bharti Foundation’
• ...yeh Hindustan hamaraa...
• Hyundai & Maruti, set on a pricey path!
• THE GREAT INDIAN DREAM
• IIPM is Here

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com

Videocon in China Town!

Contributing to the surging bilateral trade between India and China would be the domestic consumer durable major, Videocon, which has inked a deal with China Council for Promotion of International Trade (CCPIT) for setting up a LCD manufacturing unit at Shenzen, China, The amount of investment required for the same is $1.5 billion. While 50% of the production would be for domestic consumption, the rest would be for exports. The technology for production of LCD would come from the company’s R&D centre in Japan in order to lessen production costs and bring it down to more competitive levels.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Springtel’s age bother!

Sprint Nextel has decided to cough up $57 million as a settlement towards an age discrimination case. The case had been filed against the wireless company by its laid off workers. It stated Sprint Nextel had first shift ed all the employees above 40 years to certain positions, which were later scrapped in lieu of downsizing. As per the settlement, the company would pay the eleven lead plaintiff s an average of $155,000 each. The attorneys of the plaintiff s would get $19.4 million as fees and also $1.65 million as coverage expenses for settlement confirmation. The remaining $34.3 million would be divided between the remaining 1,686 plaintiffs.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Silvery splendour

At times metals like silver can also outshine the invaluable gold and diamonds, and these exquisite pieces are a perfect example. Adarsh Gill’s designs on sterling silver home-ware and furniture is a collection deeply reminiscent of the laid back days of the Raj, especially due to their delicate and intricate craftsmanship. Decorate your living room with this splendid collection tagged at above Rs.1,00,000.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Read more:-

• News & Article
• Don't Pay for your calls....
• Neha RAWAT's Blog
• Ravi Sanyasi's Blog
• "There is more money....
• Rattan TATA ko gussa kiyon aata hai!
• The Nokia disconnect!
• IIPM Branches and contact No.
• IIPM News
• IIPM : IIPM Links
• IIPM: More about IIPM
• IIPM Alliances - IIPM - by RAVI
• IIPM PUBLICATION
• IIPM: The Indian Institute of Planning and Management
• THE INDIAN INSTITUTE OF PLANNING AND MANAGEMENT
• Pseudo-socialism is creeping back into the policy-making process ...
• Management Guru's Speak on IIPM
• Primary education as a mission under the banner of ‘Bharti Foundation’
• ...yeh Hindustan hamaraa...
• Hyundai & Maruti, set on a pricey path!
• THE GREAT INDIAN DREAM
• IIPM is Here

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Tortillas

In March, during President Bush’s trip to Latin America, the one heralded achievement was a deal with Brazil on joint production of ethanol. But Bush, while spouting free-trade rhetoric for others in the conventional manner, emphasized forcefully that the high tariff to protect US producers would remain, of course along with the many forms of government subsidy for the industry. Despite the huge, taxpayer-supported agricultural subsidies, the prices of corn – and tortillas – have been climbing rapidly. One factor is that industrial users of imported US corn increasingly purchase cheaper Mexican varieties used for tortillas, raising prices. Mexican economist Carlos Salas reviews data showing that after a steady rise until 1993, agricultural employment began to decline when NAFTA came into force, primarily among corn producers – a direct consequence of NAFTA.

The “free trade” regime drives Mexico from self-sufficiency in food toward dependency on US exports. And as the price of corn goes up in the US, stimulated by corporate power and state intervention, one can anticipate that the price of staples may continue its sharp rise in Mexico.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Read more:-

• News & Article
• Don't Pay for your calls....
• Neha RAWAT's Blog
• Ravi Sanyasi's Blog
• "There is more money....
• Rattan TATA ko gussa kiyon aata hai!
• The Nokia disconnect!
• IIPM Branches and contact No.
• IIPM News
• IIPM : IIPM Links
• IIPM: More about IIPM
• IIPM Alliances - IIPM - by RAVI
• IIPM PUBLICATION
• IIPM: The Indian Institute of Planning and Management-------
• THE INDIAN INSTITUTE OF PLANNING AND MANAGEMENT
• Pseudo-socialism is creeping back into the policy-making process ...
• Management Guru's Speak on IIPM
• Primary education as a mission under the banner of ‘Bharti Foundation’
• ...yeh Hindustan hamaraa...
• Hyundai & Maruti, set on a pricey path!
• THE GREAT INDIAN DREAM
• IIPM is Here

About IIPM ! IIPM Programmes ! IIPM Placement ! IIPM Alumni ! IIPM Alliances ! IIPM Ranking ! IIPM Director's Desk ! IIPM Dean's Message ! History of IIPM ! IIPM Mission ! IIPM Curriculum ! IIPM Project Based Learning ! IIPM GOTA ! IIPM Dual Specialisation ! IIPM Faculty ! IIPM GOP ! IIPM Campus Resources ! IIPM Campus Events ! IIPM Sports Club ! IIPM Support Services ! IIPM Campus ! IIPM Libraries ! IIPM Cafeteria ! IIPM Academic Centres ! IIPM Wilton Park Reports ! IIPM Feedback ! IIPM Links ! IIPM Sitemap ! Contact IIPM !

“Electrolux is not a commando company where we telefax orders around... We want our employees to take initiatives.”

Hans successfully streamlined the company’s plethora of 50 diff erent brand names by launching a programme to restore the company’s own brand name Electrolux. He elucidates, “Electrolux wants to be a global brand name, but it also believe in adapting technologies to suit customers in diff erent regions. We don’t live in ivory towers.” For instance, the company has top loading machines in the US and front loading machines in India & Europe. By employing best management practices, Hans was able to launch strong cost control measures, close down ineffi cient factories and shift production to locations like Latin America, Eastern Europe and Asia, where labour costs could be reduced. And today Straburg claims emphatically, “Electrolux’s cost base is second to none.”

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Read more:-

• News & Article
• Don't Pay for your calls....
• Neha RAWAT's Blog
• Ravi Sanyasi's Blog
• "There is more money....
• Rattan TATA ko gussa kiyon aata hai!
• The Nokia disconnect!
• IIPM Branches and contact No.
• IIPM News
• IIPM : IIPM Links
• IIPM: More about IIPM
• IIPM Alliances - IIPM - by RAVI
• IIPM PUBLICATION
• IIPM: The Indian Institute of Planning and Management-------
• THE INDIAN INSTITUTE OF PLANNING AND MANAGEMENT
• Pseudo-socialism is creeping back into the policy-making process ...
• Management Guru's Speak on IIPM
• Primary education as a mission under the banner of ‘Bharti Foundation’
• ...yeh Hindustan hamaraa...
• Hyundai & Maruti, set on a pricey path!
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“Quality is good. We like quality. Let’s all work toward better quality together.”

Similarly, a strong case for it was made over and over again. Everyone was told that if the company could reduce its shipand- fix mentality there would be enormous market share opportunities and significant cost savings. at’s why it was urgent to install Six Sigma, a statistical approach originally developed at Motorola, which would wring out variation and ensure products were built right the first time and delivered according to expectations. Now, when we say, “everyone was told,” we don’t mean a handful of senior executives stood on a stage once or twice a year and intoned, “Quality is good. We like quality. Let’s all work toward better quality together.” No, we mean managers throughout the company were in something of a little frenzy. Their message was more like, “Six Sigma is all that matters. You can’t get promoted or get a raise or stock options unless you become a true believer.”

Extreme? Of course. And yes, that extreme quality initially intruded on the activities of employees it shouldn’t have, like marketing types, designing an ad campaign. It also spawned more “look-whatwe- can-do!” presentations than were necessary. Indeed, in Six Sigma’s early days, the projected gains put forth in these kinds of presentations were roughly equal to the free world’s gross national product. Six Sigma did end up delivering billions of dollars from market share gains and productivity improvements, but not that much! And yet, if a company has any scale, we’d still make the case that Six Sigma demands a whole-organisation approach.

Yes, sometimes you make more noise (and work) than necessary, but when it comes to radical change, if you want to move the needle even a little, you have to holler a lot.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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