“Reign of Terror”

And then, Patterson, with almost foolhardy courage, decided to bait himself to abrogate the murderous “reign of terror”. At dawn, Patterson started building a machan. When darkness fell, Patterson was sitting atop the machan, armed and alert. After hours of waiting in anticipation, I heard the first roar of the lion. “The roar was such that the very earth would tremble; where was a man who didn’t feel afraid?” Roshan Mistari, Tsavo, 1898.

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Source:- IIPM Editorial, 2006 Editor:- Prof. Arindam Chaudhuri

WITH A NEW ZEAL

Shifting focus from the socialistic pattern of economy to more market oriented one was the biggest news in the year 1991. Globalization, liberalization and free economy are a few words which started their usage in India after Manmohan Singh, as the finance minister, opened up the economy by lowering easing of many respective practices. Being the signatory of the IMF and dependent on its aids, India had to open up its economy by reducing tariff rates. The is opened the doors for foreign players to invest in India and also allowed foreign technology to be used in the Indian industry. The e present growth rate of more than 7% is the result of such bold decisions.

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Source:- IIPM Editorial, 2006

Bofors booms

The death of innocence. One fine day, Rajiv Gandhi, seen as the new hope, was accused of receiving kickbacks worth Rs.64 crore in the buying of Swiss gun Bofors. V. P. Singh, once Rajiv’s finance minister, fell out with Rajiv and led the Bofors campaign. The amount is loose change today, but when Singh went around telling Indians that Rajiv was dirty, it shook the country.

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Source:- IIPM Editorial, 2006

PLATFORMS ARE DIFFERENT

Possibilities for forming new growth platforms arise when forces of change – such as new or converging technologies or changing regulatory environments – create the opportunity to satisfy some unmet customer need. When a corporation identifies a potential NGP, it can assemble the right portfolio of capabilities, business processes, systems and assets that are required to deliver products and services that satisfy these customer needs.

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Source:- IIPM Editorial, 2006