Tuesday, July 25, 2006

Ja, doch!

No mention of Austria could truly be consummate without purring eloquent on the imposing Alps that snake their way partially through Austria. “Ja, doch! If it is the Alps that interest you, Vienna has the good fortune to be graced by part of the Alps ending in the Vienna Woods, known locally as Wienerwald,” enthused my genial guide, with the gleam of a bounty hunter striking the proverbial pot of gold!

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

Tuesday, July 18, 2006

Thomas ‘Cook’ing an expansion deal


Tour operator major, Thomas Cook India Ltd. declared its amalgamation plans with LKP Forex Ltd., the foreign exchange arm of LKP Group. The LKP Group offers a gamut of financial services ranging from Merchant Banking to Treasury & Fund Management to Equity Research as well as Foreign Exchange Broking. The parties have signed a non-binding MoU for the merger. Thomas Cook has decided against splitting of its equity shares for the same purpose. The new entity would have presence in over 46 cities, with 145 branches, thus helping to increase the retail presence of
Thomas Cook in India.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri







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Friday, July 07, 2006

MANAGING & EXERCISING YOUR MOTIVE

Even trickier and more important than recognizing an overactive drive to achieve is figuring out how to channel that drive into new behaviors. Dean McAlister, Senior Pharmaceutical Sales Director with AstraZeneca, found himself promoted to a management position early in his career. He was talented, sincere and hardworking, and at times he drove people crazy.
While he took pride in his high achievement approach, others saw him as arrogant, impatient and manipulative. “Dean was known for his 3 a.m. e-mails,” said one colleague. “That was his normal pace – everything was a priority.”

McAlister stayed ahead of the industry’s information curve, regularly rising before dawn to study the latest market trends. But by always providing the answers, he stifled the input and creativity of his team members. He didn’t realize this until his manager told him.

For complete IIPM article click here

Source:- IIPM Editorial, 2006