Showing posts with label IIPM Think Tank. Show all posts
Showing posts with label IIPM Think Tank. Show all posts

Friday, October 05, 2012

The Top 30 Ranks

A list of the B-Schools that Nearly made it to The Top 30 Ranks in the B&E-ICMR B-School Survey. And well, They Might just Make it Next Year!

Now jump back in that analogy, and you’ll realize why any research that deals with bringing out the list of best B-schools in the country cannot ignore the views of the most important customer set –experienced corporate leaders! For it is these top management leaders who will be able to give feedback on the intricacies of how and what makes a great B-school and a greater B-school student.

That is why Business & Economy had decided to unleash a new paradigm in B-school surveys in the Indian context when it launched a unique concept for ranking India’s top 30 B-schools last year. We shortlisted the top 30 B-schools based on our survey conducted across the main metros of India, but the final ranking among these 30 B-schools was done by five top corporate leaders from the industry. We supplied this unique and distinguished panel with all the relevant data and information they needed on the top B-schools for giving their final scores to the B-schools. From these final scores, we got our final list of rankings. And this procedure, which is unprecedented in the history of B-school surveys in India, is unrivalled in its credibility and authenticity, since the results come from those who have absorbed these very B-school graduates on a regular basis and have over decades realized how well or otherwise these students have performed. Therefore, they logically know exactly what works and what doesn’t.

Now an annual feature, India’s most authoritative B-school survey repeated the core process and methodology we followed last year for 2010-11, but the list of corporate leaders has only got larger, more diverse and far richer. This time around, we took the list up to twenty – the who’s who of India Inc. representing outstanding management leadership across geographies, across sectors and even across management functions. Unequalled, unparalleled, unrivalled, the illustrious panel list for this year’s B-school rankings is as follows:  Dr. Wifried Aulbur, MD and CEO, Mercedes-Benz India, Michael Boneham, President and Managing Director, Ford India, Sandeep Aneja, MD, Kaizen Private Equity, V. Balakrishnan, CFO, Infosys Technologies, Sumeet Nair, Chairperson, Fashion Foundation of India, Subrata Dutta, Chief Operating Officer, Samsonite South Asia Pvt. Ltd., Gautam Dutta, CEO, Cinemedia, PVR Ltd., K.M. Nanaiah, MD, Pitney Bowes, Pankaj Dubey, Business Head, Yamaha India, Girish Vaidya, Independent


Source : IIPM Editorial, 2012.
For More IIPM Info, Visit below mentioned IIPM articles.
 
IIPM : The B-School with a Human Face

Saturday, September 08, 2012

Once a star, always a star

Back in the 70s, Neetu Kapoor nee Singh made ‘coy’ passé; the new leading lady was spunky, even brattish, yet eminently loveable. After a gap of nearly 25 years, she faced the camera for Do Dooni Char, wowing one and all with her middle-class budget-conscious housewife act. We can’t wait for more; how’s that for some khullam khulla declaration of love?


Source : IIPM Editorial, 2012.
For More IIPM Info, Visit below mentioned IIPM articles.
 
IIPM : The B-School with a Human Face

Monday, September 03, 2012

"I AM A VERY STRONG SELF-CRITIC"

Some say he can handle numbers pretty well; others argue he’s more of a creative guy. Some say he’s a cut-throat businessman, others reiterate his only passion is work. To the media world, he’s a true recluse, refusing any and every media exposure. He rarely talks, leave alone provide insightful descriptions on his follies, mistakes and achievements. Ronnie Screwvala, UTV founder, in exclusive conversation with B&E’s Shephali Bhatt



B&E: What geared you to be in the business of media and entertainment?
Ronnie Screwvala (RS):
I think it is one of the few industries where you are looking at the creative aspect and the business aspect. In Media and Entertainment, if you can find the rare combination of creativity and commerce, it is a strong formula for success, whereas in other businesses that are non-creative, you can have a strong commercial background; you do not have to be marketing clever. Here if you have that and if the combination works it is much more fun.

B&E: From the first cable TV venture in Mumbai, you have grown to sign deals with global biggies like Walt Disney, Fox Searchlight, Sony & Will Smith’s Overbrook Entertainment. Where do you see all this leading to?
RS:
The Indian market has positioned itself as one of the most interesting markets in the media and entertainment field in the world… I think everyone thought so five years back, but now it is more so because of the rest of the world, if you look at it in terms of comparison. It’s not just that everyone would like to view India as the destination but more so that the rest of the world is actually slowing down. If you look at the west, its growth in media and entertainment has come down to zero or is absolutely flat. If you look at Japan it is an insulated market; if you look at China, it is a closed market; if you look at South –East Asia, there is no real scale level play. So it is not that India has to be one of the quarter calls, it seems to be the most critical quarter call, maybe with the sole exception of South American countries. So, for media companies in India today, it is important to look at the home market and the diasporas’ market overseas.

B&E: How strong is your industry in the diaspora market?
RS:
I think we in media and entertainment industry have substantially ignored the 30-35 million diaspora market of South Asians and that is something that also needs to be looked at. We should look at the 1 billion people here and 35 million outside. The latter is a unique market because it is the second largest migrant population of the world after the Chinese; so that is large and comes with a higher propensity to spend and consume. So even if it is 1 billion versus the 35 million, it could be ten times of 35, it could represent an equivalent of 300 million just by their spending power.

B&E: Then how do you explain all those international tie-ups that you have been entering into?
RS:
I believe that our tie ups with international companies are more because that is where we believe that we can work together to see how we can meet this diaspora, rather than going out and frittering our energies to build an international story. I think India in itself is a strong international story and that is where our focus lies right now. So if we have done deals with FOX and Overbrook Entertainment in the recent past, they were just deals done by our movies division. So it wasn’t really part of an overall organization thrust.


Saturday, September 01, 2012

SETTING ‘THE’ BENCHMARK!

O. P. Bhatt took over the reins of sbi when private players were catching up. He decided to go slow and his strategy seemed to have paid off. With SBI’s profits two times that of its closest rival ICICI Bank, sbi is far ahead of its competitors by any means

B&E: SBI’s NIM (net interest margin) has improved significantly from 2.30% in June 2009 to 3.18% in June 2010. Where do you see it going forward?
O. P. Bhatt (OPB):
We certainly want to increase it further, but we would be happy if we maintain it at the current levels for now. Though there is a healthy possibility of an increase in NIM in the near future, our priority is to maintain it at the current levels, which is quiet good.

B&E: Credit growth in the banking sector seems to have picked up much faster than the usual pace. So, what kind of numbers are you looking at?
OPB:
We are really optimistic about the credit growth and as such are looking forward to achieve a 20-22% growth rate in the near future.

B&E: Will the demand continue to come from infrastucture and allied sectors or will we some more sectors playing a significant role in driving the demand for credit?
OPB:
If you look at the big loans, the maximum demand, as of now, is coming from the infrastructure space. In fact, it willl continue to come from here in the near future as well. However, sectors, which include retail, education, auto and real estate, will too drive the demand for loans. We have seen some good credit growth flowing in from these sectors in the recent past and as such are really optimistic about the contribution they can make to the credit growth.

B&E: Going forward what is the outlook for interest rates?
OPB:
We are definitely reviewing the interest rates. We have an upward bias for the interest rate in the coming quarters. The interest rates for both, deposits and loans will go up. Deposit rates have already bottomed and the era of cheaper interest rates is over.

B&E: SBI has reported an increase in NPAs (non-performing assets). Which are the sectors that are putting pressure on the bank’s balance sheet?
OPB:
NPAs have increased for sure but if you look at the figure it is more in terms of percentage than the value. On a sectoral basis, the agriculture sector is the biggest contributor to our NPAs, almost 50% of the total NPAs of the bank. The other sector that’s putting pressure is the SME sector.

Read more......

Source : IIPM Editorial, 2012.

An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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Wednesday, August 29, 2012

Is legislation the only way out?

There’s a silent epidemic of workplace bullying... Is legislation the only way out?

Not all measures need to be so drastic though, as Dr. Mallary Tytel, President of Healthy Workplaces, shares, “As an employee, you can document occurrences in detail with dates, times, places, what was said or done and who was present at the time, and then work with the employer or a trusted advocate to solve the problem. One must understand that bullying is about control and power, not performance.” Research by Nathanael Fast, Assistant Professor of Management & Organisation from University of Southern California’s Marshall School of Business, affirms, “It was those individuals who had power and also felt incompetent who were most likely to treat others badly. It does appear that bullying could be a sign of inner weakness.” Thus he validates what many of us already suspected to be true – bullies are just insecure about themselves.

The job of senior management is to pluck out such elements from the system and ensure that the top leadership sets an example for others to follow. S.Y. Siddiqui, MEO – Administration (HR, IT & Finance) at Maruti Suzuki India, is a believer in the zero-tolerance policy, and says that a clear code of conduct needs to be set by the company. Garry Mathiason of the employment and labour law solutions firm Littler Mendelson seconds this view, stating that the best solution is to prohibit bullying as a company policy. He clarifies, “A ‘policy’ is very different from a ‘law’. View it as a yellow light highlighting conduct that the employer wishes to eliminate, as it violates employer policies, but is not yet illegal.”

It is not likely that such legislation will hit Indian shores soon, but this does serve as a reminder to companies operating here. Employers must demonstrate their commitment by equipping their employees with tools like awareness sessions, open-door policies, and speedy redressal of grievances to tackle such issues even without talk of a law. Prevention, really, is better than cure.


Thursday, August 09, 2012

Green and guilt-free mobility

When it comes to mass transportation, green options are being developed aplenty, but almost all are failing the economic viability test. The IIPM Think Tank analyses the economic and social benefit of contemporary machines that will be green, clean and fast – but not necessarily in the same order of priority!

Ice Age, Stone Age, Bronze Age, Iron Age... one would think that we should have come of age after going through these multiple bouts of evolution. But then, mankind has had the penchant for reinventing itself every now and then.

We have displayed that ability exceptionally well with respect to our transport system. The invention of the wheel started it all. Evolution kept ‘happening’, till the time when the entire connotation of transport took a whole new meaning with the invention of the internal combustion engine (that used petrol and petroleum by-products), which laid the foundation stone of modern transportation and gave birth to a huge population of fuel-guzzlers and carbon-emitting machines. It also gave us the concept of black gold; for which many wars have been fought, apart from the spectre of pollution – that has not only contributed to global warming, but also has been the leading reason for cancer.

In the late 20th century, countries started to re-calculate the negative effect of mass transportation on the environment. The focus on power and speed started getting replaced with a focus on green transportation, at least in policy circles, to an extent that the vision of having green transport systems became no longer confined to a few developed countries (In most developed countries, on an average, transport systems consume between 20-25% of total energy – an issue that is motivating the developed nations faster towards alternative less energy consuming systems). Despite all the hullaballoo about the ecological benefits, the clear fact is that the economic benefits of the so called ‘green’ alternatives are absent, and in many cases, too prohibitive for Third World nations (the costs to implement such eco-friendly systems is beyond logical levels and extraordinarily huge – this is an insurmountable impediment considering that even at the current level, almost all public transport systems, irrespective of which nations we consider, are more or less running on losses).