Monday, December 22, 2008

The Mumbai attack could not have happened without assistance from the locals

A close scrutiny of the terrorist operation will tell you that this was certainly not the result of some momentary emotional impulse. The killers had clearly done their homework well and were both well trained and deeply indoctrinated. It is quite obvious why they targeted Mumbai -- because as India’s financial capital an attack on it would draw the maximum publicity worldwide. The terrorists’ aim this time was to discourage overseas investments in India. That is why they took on foreigners. What they want is to bleed India financially – to hit us hard. The attack has already send shivers down the English cricket team, as a result of which all tournaments have been cancelled.

The attack has exposed the numerous chinks in the Indian Intelligence armour. For consider: none of our agencies was able to come up with a single clue even after so many people had been killed. And the sad thing is that this is not a one-off incident. Our intelligence agencies almost never wake up in time so that such attacks are pre-empted. They come on the scene after the incidents have already occurred. If we are really serious about stopping such attacks on India we will need to strengthen our intelligence agencies manifold. We will need to modernise it so that it becomes possible to develop foolproof intelligence mechanisms at the local level. Then only will we be able to spot suspicious activities before this kind of mayhem is unleashed.....Continue

Thursday, December 18, 2008

Call of nature

When one wants to answer the call of nature, one goes to the bathroom. But according to scientists, the kitchen garden may be a better place. Why? Studies have discovered that urine helps plants like cabbages to grow more. Researchers in Sweden used urine (stored for six months) to fertilise a plot of cabbages and compared the results with a similar plot where conventional fertilisers were used. The findings, cabbages watered with urine grew to be not only bigger but healthier than most other conventionally treated plants. And yes, they tasted the same!...Continue

Saturday, December 13, 2008

who will win? Ajai Bhambhi

Chaotic Centre, BJP to lose states

Venus, the planet of luxury and wellness has been a major factor in India’s fate for the past 20 years. This is amply reflected in the great strides India has taken over that period. However, at present, Ketu will play a spook: its temperament does not dine together with Venus. From November 4, 2009, Ketu sub dasha will play a major role in the main mahadasha of Venus. Result: chaos. The 2009 general elections’ result will have no single party form the government at the Centre, and which party comes, it will not complete its term.

Congress: Presently with Venus in the 11th house along with Jupiter is good. In astrology 11th house indicates huge gains by friends, well-wishers etc. Congress will not win as many seats it had won in the last election but it shall be in a position to call the shots due to its alliances. However, a precise prediction can only be made after the poll dates are announced.

BJP: In this party’s case, since it has a Venus-Mercury combination - which is good - we still believe that the party will do well in this election but to get a mandate will not be an easy task.

Delhi: The charts of VK Malhotra and Sheila Dixit are not too different, but going by all considerations, there can be no better time or opportunity than now for the former.

Rajasthan: Vasundhara Raje might manage to manipulate MLAs and come back, but chances are she will go down fighting. Madhya Pradesh: Shivraj Singh Chauhan, with his Moon chart showing Jupiter leaving Sagittarius on December 9, 2008, is a sure loser! Chhattisgarh: Raman Singh beware: Saturn’s sadey saati in operation, so the least said the better!...Continue

Thursday, December 11, 2008

An island in the ocean

“Why do you do yoga all the time? You want to live to be 150, isn’t it? Why? What would you do at 150… all alone while your friends, your loved ones, perhaps even your children and grand children have all gone? Not worth it!” Thus spake Kakoo (uncle) – let’s call him Dr Kakoo…
Dr Kakoo happens to be my favourite uncle in the neighbourhood and he’s seen me grow from the toddler who chased after a butterfly (which, incidentally, has nothing to do with being gay; I’m pretty sure I’ve seen Sir David Attenborough and Steve Irwin do pretty much the same thing on TV) into a professional gadfly. And ever since the time he suggested I might want to reconsider my decision of running away and joining the circus as a four-year-old, I’ve always found his advice timely and pertinent.

But this time, I begged to differ...
I was sitting in his living room, following up on an after dinner chat, while a replica of the Mona Lisa stared down at us from luminous white walls. He insisted that life was worth living only till about 80 (Kakoo’s in his 70s) or so and beyond that, it is but a listless wait for the end to come. And since reaching that limit, going by current gerontological standards, was a more likely statistical possibility than not amongst middle-class Indians, why bother with the mind-numbing stress of a workout for a few more years of life?...Continue

Friday, December 05, 2008

Repeated violence rubbishes claims of 'island of peace'

Though the police initially claimed that the Maoists had been responsible, the latter, uncharacteristically, made no such claim. And one top retired IPS officer said that had the Maoists been responsible, they would have made a claim. Besides, said the officer, it was not a land mine, for that would have blown up the car into smithereens, but only some splinters had smashed the windshield of the police car.

Kuldip Singh, Inspector General of Police (Western range), admitted on November 4 that the four kilometre stretch had not been under surveillance as the police had no information it could be under Maoist influence, and in fact, it was a CPI(M) controlled area. But this is not a one-off incident. Recently, Maoists blew up an ambulance, killing a doctor and a nurse travelling in it at Belpahari, near Salboni. Interestingly, they did so because in these areas, the state police, scared witless of being attacked, use not their vehicles but ambulances for patrolling. The Maoists later admitted the mistake.....Continue


Monday, December 01, 2008

Iskander-M leaves Poland and Czech vulnerable to Russian attack

IIPM Publication
The location of deployment and choice of the missile both say much about Russia’s position on this current tussle. During the cold war, Kaliningrad was perceived as the first line of defence against an aggression from the west. Russia condensed its strategic presence in the region post Cold War, but it still has tens of thousands of troops and quite a few key bases there, counting the Chernyakhovsk naval air base as well as the Baltic Fleet's headquarters at Baltiysk.

Named after the greatest conquer of all time, Alexander of Macedon, Iskander-M missile system, or SS-26 as NATO would like to call it, will be Russia’s new armoury in the region. “The deployment of Iskander that has a range of more than 300 miles would equip Russia to mark the entire territory of Poland and also parts of the Czech Republic,” said Anatoly Tsyganok, a military expert at Military Forecast Centre, while talking to TSI from Moscow. Iskander launchers are mounted on an eight-wheeled truck, making them extremely manoeuvrable. The missile’s “variable flight trajectory” means it is tricky to knock down. However, it has not been made clear on the Russian part whether the Iskanders to be deployed in Kaliningrad will have a nuclear payload or not....Continue

Thursday, October 30, 2008

Public service system led to poor’s food into private business

The first symptom of current ration Public service system led to poor’s food into private businessdisquiet surfaced on September 16, 2007, when a CPI(M) rally was attacked by a mob. Next day, a ration dealer’s residence was attacked. The riot started in Bankura district, very soon engulfed Birbhum, 24 Parganas, Bardhaman, Murshidabad & Hoogli. State government suspended 117 dealers, and thousands others are absconding. A report of Supreme Court appointed Special Commission on Food Security, called it ‘double burden of privatisation’ of Public Distribution System. It further states, not only the Fair Price Shops are run by private parties; the entire distribution of foodgrains is controlled by politically supported private parties, leading to corruption. Owing to double burden of corrupt and privatised PDS, 34.9% of PDS rice and 86.6% of PDS wheat, got diverted. Worse still, 83% of the wheat meant for Below Poverty Line people and 60% of rice, got stolen....Continue

Source : IIPM Editorial, 2008

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



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Tuesday, October 21, 2008

My father’s business...

It takes 1 hour and 15 minutes by flight from Barcelona to Madrid while the duration for a train journey for the same by AVE train takes 2 hours 40 minutes. In India, a Kolkata to Delhi flight takes an hour and forty five minutes while the same by the fastest Indian train takes nothing less than 17 hours. That narrates Barcelona to Madridpart of the story, the rest follows.

When the Boston Consulting Group had introduced the concept of BCG Matrix consisting of the four types of companies that a group can have (i.e. cash cows, stars, question mark and dogs), never had it thought that the concept of cash cows would be used with so much impunity by a government of a country which has otherwise been loathe to carry on the concept of structural reforms. For long, the Indian Railways (IR) have been nothing but a typical cash cow for the government to propagate a messiah image; and for long, elected members of the Parliament have fought at large to grab this portfolio. The common saying goes that the best way to benchmark the performance of the Railway Minister is find out how many of his community and constituency have made it to Rail department. Nowadays, it’s an unofficial norm and doesn’t even elicit surprise among the media and mass. No wonder that Indian Railways have 14 lakh employees. One wonders if that many are essentially required or if there’s another instance of a company being mentored by so many. Incidentally, the Indian Army has lesser number of personnel.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Saturday, October 11, 2008

Fitness foreplay

Looking to bust that stress or simply want to try out something refreshing, sign up for a Pilates routine, or take refuge in a spa and rejuvenate yourself with the experience

Pilates anyone?

Founded by one Joseph H. Pilates, Pilates (Pi-lah-teez) is catching up in India. It revolves around a series of controlled movements on a mat (or a machine) focusing on the torso, toning the body by building up flexibility, strength, endurance, and coordination without adding bulk to the muscles. Pilates helps improving posture, makes one less prone to injury and results in overall good health.

Pilates is the ‘In-thing’ and classes are springing up everywhere. Growing popularity and the big names attached with it, just makes this pleasurable exercise routine even more interesting. Says model and actress Gul Panag, “Choc-a-block shooting schedules and erratic working hours stress me, so it’s important to take time off to rejuvenate my body. I follow Pilates thrice a week on the desired areas which give me visible results.”...Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Tuesday, October 07, 2008

Why Saxons hate Porsche!

Piëch would find the Saxon barrier quite unfathomable

As Stuttgart-based Porsche Porschefires all cylinders to gain majority control over Volkswagen (VW) AG, Chairman Ferdinand Piëch of VW finds himself in a funny situation. Being the grandson of Ferdinand Porsche, the legendary designer of the Beatle and the founder of sports car major Porsche, he surely has his emotional reasons to try and allow Porsche to take controlling stake of VW, Europe’s largest auto group that owns nine separate brands – including Audi, Bentley and the likes – and made close to $1.5 billion in sales during the first quarter this year.

Porsche already owns a 31% stake in Volkswagen and wants to have a majority stake in VW in order to have access to its liquidity and to secure an uninterrupted supply of parts. Also, as per Christian Breitsprecher of Sal Oppenheim comments to B&E, “Porsche is interested in Volkswagen because it wants to have access to the latter’s scales and volumes.”...Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Friday, October 03, 2008

Let’s just kill the Nano!

With new entry compacts, Hyundai & Maruti are out to prove they are ready to fight the Rs.1 lakh car

Maruti Suzuki’s A-Star debut at this year’s Auto Expo was met with skepticism after the initial hoopla. Analysts who had earlier anticipated that progressive consumerism would shrink the entry level segment further; were aghast by the audacity with which Maruti made this bold move. According to market reports, the stylish car will be a sub Rs.3 lakh product, offering entry level customers a wider product range. As a repercussion to the impending Tata Nano (the Rs.1 lakh car), volume players are on a scramble to provide the customer with an alternative that is not basic (unlike the Nano) but is highly affordable nonetheless.

Taking the bait of even higher volumes, expected to be generated by the ‘high attention’ entry segment, India’s number two player, Hyundai Motor India (HMIL) has unleashed its plans as well. Reportedly, the South Korea major is developing an entry level small car, albeit one that is not directly competing with the Nano. Comments HS Lheem, MD, HMIL, “Hyundai does not have any plans to enter in to this segment immediately. What Hyundai might look into, in the near future, is the possibility of a car a notch lower than the existing Santro, keeping in mind parameters like technology, safety and regulatory norms.”...Contine

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Monday, September 22, 2008

Who dares to be CEO?

Lampert must move himself out of a hands on role in Sears
When investor Edward Lampert acquired Sears via merger of K-Mart in 2005 and became the Chairman, he thought of ruling the retail world. However, recent developments at Sears Holding Corp. suggest how poorly he misread the whole scenario. At the moment, the retail giant is facing the brunt from both internal & external factors. Apart from economic slowdown, its army of 3,800 stores is dilapidating with every passing day due to rising complaints related to its stores and customer service. Edward announced massive re-organisation plan on January 22, 2008 (new organisational structure composing of five business units – operating businesses, support, brands, online and real estate).

Surprisingly, just a week after the re-structuring announcement, Edward ousted CEO Allwyn Lewis, who he had only institutionalised at the helm two years back from a restaurant company – Yum Brands. He has appointed W. Bruce Johnson as interim CEO. Howard Davidowitz, Chairman, Davidowitz & Associates, pointed out, “It doesn’t make sense to kick start re-organisation without a full time CEO.” Another analyst on condition of anonymity said, “There hasn’t been clear reasoning from the management on why Lewis is being ousted… ”

Lampert is hardly short of ideas, but recently, quite a few have fallen flat, for instance, his ploy to focus less on market share and more on profits. As per company data, net income for the quarter ended November 2, 2007, was a measly $2 million, compared to $196 million for the quarter ending October 3, 2006 (which included $101 million of pre-tax gains). Lampert then admitted, “We are very disappointed with our performance for the third quarter. We cannot blame our results entirely on the retail and macro-economic environments. We have much on which to improve...”

Lampert must now realise that he may have to oust himself now from a hands on role in the company, as his time is fast running out. Bringing in a new CEO is the easiest advise to present, but presents a huge execution challenge. Without that, Sear’s ploy for a more dynamic organisational structure in order to unleash growth may all be in vain.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
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Saturday, September 20, 2008

Playful networker

With a unique convergence strategy, RCOM now means much more to Indians than a mere price leader. By shashank shekhar
To match the cost of a call to a subsidised government postcard was pioneering enough. Such ideas, often hailed as proprietary of a few gifted people, predictably came from the patriarch, thereby establishing Reliance Communications (RCOM), a telecom major credited with skipping and climbing the golden ladder that leads to the world’s second fastest growing cellular market. That drew in the hordes flaunting white LG phones with blue-lit screens, which could literally be had by just walking into one of those Reliance stores better known as R-World cafes. Of course, detractors were quick to speculate that Reliance Communications would be all about price leadership and nothing more.

Unfortunately for them, nothing could be further from the truth, Reliance Communications is creating waves in the telecom circles in more ways than one, be it with Anil Ambani’s exemplary network expansion drive, his foray to be a dual service provider (CDMA & GSM) or his most innovative convergence plans that transcend the entire gamut of digital media. In particular, RCOM’s endeavour to build a powerful portfolio of VAS services from the grassroots, is a feat arguably unparallaled in the telecom arena. No wonder, Anil enthusiastically commented while announcing the Q3 results, “The Indian telecom sector is poised at the threshold of a significant growth opportunity and RCOM, as a fully-integrated and converged service provider, is best-positioned to capture this growth.” What makes RCOM so different with respect to its approach to VAS?

“Fortunately at RCOM, VAS is treated as fundamental to our telecom business. Starting from handsets, we ensure that each piece is WAP enabled,” comments Krishna Durbha, Head – VAS, Business & Marketing Applications and Solutions. With commoditisation of voice, as is being witnessed by the industry, telcos have but little choice to tap into the services’ revenue stream that attracts a premium in today’s scenario. But most remain skeptical of introducing new products in the backdrop of thousands of ‘ring tones’ or ‘caller tunes’ and are also appalled by prospects of piracy. A point at which Durbha – salt & pepper haired with serious demeanour – lets out a contained chuckle for, according to him, VAS applications from a Reliance mobile phone can’t be pirated as phones are locked from the factory.

Over due course of time, RCOM has successfully tried out innovative services and to say that it is amongst the world’s foremost VAS providers and that too, to over 10 million subscribers won’t require much authentication. “The number of games downloads that we do everyday creates history on a daily basis,” puts in Durbha. Amongst other models, to penetrate into a larger market, Reliance has introduced a unique concept of sachetisation of game downloads, which Durbha calls as its second innovation, the first being introducing multi-player games on handsets. “We’ve introduced sachetisation as we’re very clear of the fact that in a market that is essentially pre-paid, people would not prefer downloading games for Rs.50.” And thus emerged the concept of “pay per play” that is usually about 2-3 rupees. On the content end, the company has encouraged a large amount of content development on mobile, since RCOM initiated its own Reliance Developer program on the lines of Microsoft. Social networking, the latest from the RCOM stable is creating waves too. Already, networking website Big Adda has been a phenomenon with some 1.5 million users within 6 months of inception.

Another point of focus in RCom’s agenda is to provide more regional content in its offerings. “The more local content you give, the more people will consume,” is the mantra on VAS. While at present, entertainment runs through its very veins, the shift towards utility services in near future is seen as a potential driver for growth. “We’ve gone wide. Now we need to grow deeper,” adds Durbha. Indeed, usage has only gone up with increasing regional content, as people are more comfortable in their native language, especially in case of voice based services.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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

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IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Monday, August 25, 2008

What an attitude!

Motorola has to move beyond ‘just’ handsets if it has to treat its plummetting share prices & market share issues

“Motorola has an attitude problem. It thinks it is an amazing company with amazing products. The only problem is that its customers don’t agree,” asserts a confident Jeff Kagan, Telecom Anaylst & Expert. Well, we don’t want to agree outrightly, but beg to add – even investors don’t! Look at its share price on NYSE. ‘Accelerating downhill’ is perhaps the only words you’d use to explain its movement; currently at $16.30 (as on December 10, 2007) – and simply sad days with its share price hitting the lowest levels in 7 years! And this was also confirmed by Gartner Inc on November 27, 2007 when it disclosed how Motorola’s mobile handset global market share had slipped to 13.1% during Q3 2007 from 20.7% during the previous year. The Gartner revelation was followed by Edward Zander’s announcement of an exit on November 30. 2007, alongwith Padmasree Warrior, the CTO – two chiefs who had led Motorola’s revival in the past.

So has the Moto boat hit the rough seas? As per a telecom analyst, “Motorola has once again lost its way. This happened in the 1990’s when the networks switched to digital. That’s when Nokia took the lead.” And what does its financials reveal? Sadly, nothing different! With revenues earned during Q3 2007 touching just $88.11 billion, representing a y-o-y decline of 16.9% and with a lack of a “must have” product felt, Motorola surely has a tough job up its sleeve as Jeff agrees, “Motorola has to break some new ground. We have not seen anything along those lines yet.” Evidently, there’s some ray of hope at the end of the tunnel with Motorola’s announcement on December 6, 2007 that its forecast for Q4 2007 earnings still remain positive as Tom Meredith, CFO, Motorola Inc. declared: “a continuing operational earnings forecast of $0.12-0.14 cents per share”. Surely, Motorola has to move beyond just delivering a killer handset. It has to necessarily focus on its other more successful arms like home and networks mobility and enterprise mobility (its 2nd and 3rd largest units), which allow the company to fall back on other sources of revenue. Clearly, for now, Motorola needs to get ‘stuck’ things ‘rolling’...

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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

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Wednesday, August 20, 2008

Annapolis – where them desperate souls meet!

The Annapolis conference won t create miracles, but can provide the right impetus

The Palestinians are the cause of exiting and ex-presidents. There’s no real electoral payback anticipated in supporting them. Jews and Israel-loving evangelicals dwarf any Arab lobby to the extent that it’s not even funny. President Bush is now on the exit track. And it’s time to rectify the fundamental error he had made in allowing the war-on-terror rhetoric to wrongly discredit the Palestinian national movement.

His best hope in Annapolis may be the Texas connection. If Bush gets behind Salam Fayyad, the Palestinian prime minister who attended the University of Texas, things may finally move on this front. But for that to happen, he has to stick with him. Fayyad, 55, is the can-do face of the Palestinian movement. Just like his people, he’s long been in the wilderness. Unlike many of them, he hasn’t succumbed to the culture of the victim. “One year,” he said in an hour-long conversation, “is more than adequate to come to a peace treaty and end this conflict.”

In seven years in office, Bush has been, in fact, quite uninterested in such an ending. He has hallucinated about roads from Baghdad to Jerusalem. He also talked about two states and later lost interest in the initiative. The American Middle East policy has, in fact, been quite distracted and unbalanced on the whole. Now, overcoming his Clinton angst, Bush has summoned the parties to Annapolis, Md. But clearly, it’s happening too late in the day. The rising Middle Eastern power, Iran, has not been invited to the conference. Nor has the Hamas. What’s instead present, and that too in abundance, is desperation. Bush must use it.

The Palestinians, on one hand, are desperate because they are now looking at a dead end. They’ve been the losers over six decades of strife, through ineptitude, corruption & Arab hypocrisy, apart from their susceptibility to victims’ hollow consolations. As Fayyad had earlier noted, “Last year more than 50,000 Palestinians emigrated. How is that consistent with ending the occupation?”

The Israeli desperation, on the other hand, is relatively quieter. The economy has indeed blossomed, but not the Israeli soul. Four decades of occupation since the 1967 war have been a scourge for the country. Jewish precariousness still persists. The diaspora Jew did not go to Zion to build the Jew among nations.

Bush faces Palestinian weakness and compromised Israeli strength. He must offset the weakness by standing with the Palestinians on core demands. He must insist on Israeli sacrifice – territorial and ideological – in the name of US-guaranteed security. “Without peace,” Bush should tell the Israelis, “the Arab birth rate and the jihadist tide will eventually wash over you.”

Fayyad told me he’s coming into the conference Tuesday “disappointed that more progress has not been made.” On core issues – Jerusalem, borders, settlements – the impasse has prevailed. Annapolis can solve nothing actually; all it can do, realistically speaking, is to jump-start an intense process.

That process then needs essentially three elements, Fayyad told me. First, there should be an explicit framing within the context of UN Security Council resolutions, including 242, that makes clear Israel’s obligation to, in Fayyad’s words, “end the occupation that began in 1967.” Second, the Annapolis conference must result in an Israeli commitment to freeze the West Bank settlements and to remove illegal settler outposts, which will be paralleled by Palestinian commitments to “institution building and fighting terrorism.” Third, “we must get a reference to a timeline, a conclusion of final status peace within the Bush presidency.” Fayyad is right. A return to the 1967 lines, plus or minus agreed swaps, is the only plausible basis for a two-state accord. An Israeli settlement freeze is the first step to a Palestinian buy-in. A time table is the anchor all the talking needs. I asked Fayyad how he’d reassure Israel about security. He became animated. “Political pluralism is fine, but I can’t tolerate security pluralism. There’s no such thing as militias running around taking decisions! That has led to catastrophe. Law and order is basic. I said in a speech the other day that Nablus is more important than Annapolis! It is. The people of Nablus need security, just like Israelis.”
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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)
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Wednesday, August 13, 2008

Wikipedia lists

Get onto a website called www.massively.com, which chronicles happenings in MMORPGs and you will realize how many of these are actually out there. For it’s not just Second Life, but more like There (www.there.com), World of Warcraft, Tabula Rasa et al creating the buzz. In fact, Wikipedia lists at least fifty of them on its MMORPGs page. At the last count, there were over 10 million people across the world registered with some MMORPG. And this number is doubling every year. The addiction is allegedly far worse than drugs or junk food. So what is this attraction based on? Well, first, an online 3D virtual world allows you to hide behind the screen and be just about anybody. You can make your deepest desires come true in a virtual world. This is the single most important driving factor behind this revolution.

I may be a lowly clerk pushing paper in a government office by day; but once online, I can be a super-hero who is always surrounded by beautiful women. Technology has made it as simple as using the mouse and keyboard to make the transition. And society, as we know it, will undergo a change never seen before. There are now people in Second Life who have already quit their day jobs and are making a healthy living in-world. They are earning more money than they did in their real world jobs. People could get married without ever meeting each other in real life and disgruntled wives could be suing their husbands for having affairs with the queen of Gunthor who has a perfect ten figure and the voice of a nightingale. Divorce law could well change to include virtual cheating. Government bodies may end up creating policies – and law enforcement agencies could come up – just to control crime in virtual worlds. Police personnel, who don’t use actual guns or handcuffs, will be patrolling the streets of a digital space that exists only in wires and cables. And avatars (your online being) will go to jail for stealing virtual works of art from a virtual museum. What I am trying to say is that sooner or later, they will pull out the ‘G’ from MMORPG; and it will imitate life itself.

But before we look into the future of these virtual worlds, let us understand how the underlying framework of Virtual Reality (VR) technology is changing over time. Virtual Reality is not a computer, but a technology that uses computerized clothing to synthesize reality. It has been around for more than two decades now mostly in the military and university laboratories.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
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 ...
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Monday, August 11, 2008

Great insecurity among end consumers

As a result, there is great insecurity among end consumers, who have found their money incomes depleted with respect to purchasing power. As per a survey by National Association of Convenience Stores, 45% of American consumers reported a decline in spending power due to rising petrol prices. While 19% wanted to buy more fuel efficient cars, an astonishing 13% had already reduced their driving on the back of $3/ gallon gasoline prices! As a result of earlier oil shocks, consumers have increasingly adapted an ‘aftermath attitude’ and eventual demands for automobiles have sagged significantly through out the world. A total of 38,214 hybrids were sold in the American market alone in March 2008, proof that these cars are now being perceived as a value proposition that’s beyond ‘fashion’.

Oil prices are very sensitively balanced as incremental spare capacity (according to some sources) is limited and there is a general perception toward a future oil deficit. To rein in this monster, one needs to first answer the question as to who is the culprit?

If you think rising consumption is to blame, hold your horses. According to OPEC estimates, the organisation’s proven reserves are expected to be somewhere close to 900 billion barrels and conventional sources are secure. Contributing close to 77% of all reserves, OPEC is the primary body controlling the world’s major oil sites.

Major members are Middle Eastern sates such as Iran, Iraq, Saudi Arabia, UAE and Kuwait. Various other regions are also represented in the organisation; countries like Venezuela, Indonesia and Nigeria are among major members as well. Thus, as a holistic approach towards understanding the oil crises spread across the planet, it is important to understand the composition of OPEC first. According to OPEC facts & figures, “The world’s Ultimately Recoverable Reserves (URR) is to continue to increase in the near future.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
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