rollins’ stones irk the boss!

Falling market share pushed Michael to come back in 2007 to regain the reins and push aside Kevin Rollins, who he had named his successor in 2004. Rollins had worked at Dell for over a decade, handling varied positions like Senior VP, Corporate Strategy (1996); President, Dell Americas (1996-2001); President (2001-2007) and CEO during 2004-2007. It was Rollins who commenced a campaign in 1997 called “The Soul of Dell”, which paid off highly in altering the company’s culture. And also the man behind the push for a $60 billion annual sales target. Rollins had engineered the alliance between Dell and EMC, which results in $100 million sales per quarter, as per industry sources.....Continue

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

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The brand is Chinese & the American spirit of IBM endures. Will Lenovo be able to go the distance to the crown?

For Lenovo, it was a giant leap ahead from nowhere. Its global revenues in 2006 leapfrogged an unfathomable 359.1% yo- y to touch $13.2 billion! Approximately two years are going to pass, and Lenovo has left no stone unturned all this time in trying to prove that it retains the original IBM character. As Neeraj Sharma, Managing Director, Lenovo South Asia, states, “Innovation is at our very core, but simultaneously we are working extensively on our cost structures to ensure best possible prices.” He contends that for Lenovo, the key strategic objective is “to grow faster and more profitably than the industry.” And with its extraordinary Sino-American lineage, one would indeed expect that Lenovo would have unleashed mayhem in the Indian PC market by now.

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Source: IIPM Editorial, 2006

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

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Coke magnifies Tata Tea’s 30%!

A new alliance between Coca-Cola and Glaceau will involve $4.1 billion as the former (world’s largest aerated drinks producer) has agreed to acquire the latter (US energy drink maker). This deal is a boon to Ta t a Group led Tata Tea – as it will bestow a windfall gain of about $1.2 billion for the 30% stake it holds in Glaceau. Tata Tea had acquired 30% stake in Glaceau for $677 million in August 2006. The deal in all probability will close in by the summer of 2007. Coke’s move has been primarily connected with portfolio expansion plans in order to compete more effectively with rival PepsiCo Inc.

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Source: IIPM Editorial, 2006

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