UFO Moviez has adopted one basic rule of survival

A lot of this mind boggling expansion has to do with the UFO business model, which, as Kanwar explains, makes conversion for digital cinema operators quite risk free. The cost of digitising a single screen comes around Rs.1.5 million & this cost is borne by UFO Moviez. UFO Moviez takes the reel from the producer about 10 days before the movie is released, and they digitise, compress & encrypt it. At the time of release, they transfer the movie to the exhibitor via satellite. UFO Moviez is in a position to monitor every screening in every cinema hall. Put together, the exhibitor, the distributor & the producer pay a fee of Rs.500 per screen per show to UFO. As far as advantages go, there are many. The content is protected with 192- bit encryption, which is a very high level of encryption, which prevents piracy. The cost of keeping prints is saved. Theatres in the remotest corners of the country can see the First Day First Show. The exhibitor has choice & can change the movie to be screened relatively easily. Flop film reels, which are quite expensive (at about Rs.70,000 per reel), have to be oft en burnt, which harms the environment as well.


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Source: IIPM Editorial, 2008

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

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All blames go to society, authority, & their idealistic execution...

The condition is worse when it comes to Sub-Saharan Africa; one in every three children is a child worker. Developed countries are not free from this curse either; reports state that approximately 17.4 million (16%) children are labourers. India is blessed with 17 million child workers, highest in the world in a single country. ILO predicted child labourers in Sudan will touch 1.05 million by 2010 (23.5% of child population). Nigeria is another country where poverty has led 15 million children to work, irrespective of inhuman conditions. Pakistan may feel proud that 11 million child work force kept factories working.

No constitution in the world, no scripture in any religion has ever claimed or permitted child at work. But mankind for all its pretensions still make its progenies slog & be exploited, something no other species does on this planet. Even then he claims to be the best.

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Source: IIPM Editorial, 2008

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

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Coughing up $1 billion – Gates!

After having left rival Sony’s Playstation 3 behind in the race, it is now the turn of Microsoft Xbox 360 to face the wrath of luck. Not only it is going to cost Bill Gates a whopping $1 billion to repair ‘an unacceptable number of repairs’ in the game console but also humiliation for not being able to meet the shipments target by 0.4 million units till June end. The innumerable complaints received about Xbox 360 are attributed to certain hardware failures in the console, like the three red flashing lights. To tackle the problem, Microsoft has decided warranty extension to three years now. Customers who have already spent on the repairs would be reimbursed. The total expense of Microsoft is somewhere in the range of $1.05-$1.15 billion excluding taxes.

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Source: IIPM Editorial, 2006

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

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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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