Tuesday, April 06, 2010

Breaks from routine, whether short or long, have numerous salutary uses for mankind

A few tourists visit places for snapshots and then snap their ties with idyllic environs. It is another task for them. Picturesque spots get lost in the zeal to take pictures to be flaunted to the neighbours. Our priorities are decided most of the time by our neighbours and relatives. We need to learn to relax and enjoy the breeze, vast firmament and fragrant flowers blossoming all the way to enhance our trip. When we climb up a hill station, we can observe the weather turning pleasant in degrees and the moist wind blowing. Many doze off on the way and miss the memorable moments.

In any wildlife resort, we can find foreigners staying for a longer duration, imbibing every inch of wilderness. They become totally anonymous, shredding their identity sans any airs. The problem is that we carry ourselves everywhere. We want to have all the modern gadgets. Very often we make a slight remark, ‘law of the jungle’. Actually, things happen with a rhythm in a forest. No animal ever harms other creatures for the heck of it.

Tags become crucial in deciding the destination. Mindless crowding in a few popular destinations can be observed. Many lesser-known spots, serene and scenic, are neglected. ‘Mob mentality’ creeps in. We want similar congestion, crowd, malls, amusements and eating joints in our destinations. As a result, we return exhausted and remain enervated. I feel that the oft used term ‘home away from home’ itself is a complete misnomer. William Shakespeare wrote in his famous play, Henry V, about the need for escaping from one’s home at times to have a glimpse of the world. He says, “... `T is ever common that men are merriest when they are away from home.” If we want to have homely comforts, we might as well stay home and stagnate.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Outlook Magazine money editor quits
Don't trust the Indian Media!

Monday, April 05, 2010

Appointing an expat CEO, for traditional Indian companies

If one were to call a spade a spade, considering India’s vast diversified culture where each state is as good as a country in itself, appointment of a global CEO who isn’t well-aware of the cultural differences and the state of affairs is surely an extremely high risk affair. But on the other hand, the international experience they bring is undeniably invaluable and could transform a company’s vision superlatively. So what is the critical factor companies look for when recruiting expat CEOs?

One answer could lie in domain specialisation. Often, successful matches are about balancing off the expat leader’s specialisation with the cultural functional void in his/her profile. When Brian Tempest was employed in Ranbaxy Laboratories, the R&D expertise that he enabled helped the company immensely. K. R. Kim, former LG India head honcho, was taken up by Videocon as the company planned a radical branding and business transformation. And the top management is quite pleased so far with his efforts. “Appointing a foreign national as the CEO of a company such as Tata Motors and Ranbaxy with deep Indian roots makes sense when the goals to be achieved are clearly defined,” says Vikas Pota, MD, Saffron Chase. Infosys goes one step ahead. It recruits a person in the top management position only if the individual – irrespective of nationality – has grown within the company over time from lower positions (and therefore knows the company’s culture inside out), “but a leader has to have specialisation in at least one domain,” says CEO Kris Gopalakrishnan.

The aviation industry has been striving for global standards of service, so it is logical that expats make their presence felt. Nikos Kardassis, who held the post of CEO at Jet Airways from 1993 to 1999, truly transformed the way global counterparts looked at the Indian aviation industry. Kardassis joined back Jet Airways in 2008 and was appointed as the acting CEO in 2009 after Wolfgang Prock-Schauer resigned from the post. Similarly, Bruce Ashby, who was the President at Indigo Airlines from 2006-2008 played a major role in establishing Indigo as a prominent player in the Indian aviation sphere. But Jet Airways learnt some painful lessons while dealing with expats. Schaeur, for instance, first resigned in 2007 to join Kingfisher Airlines but Naresh Goyal persuaded the Austrian to stay back. But things got complicated, as the Indian pilots and other employees developed an acrimonious relationship with expat employees. Schaeur was practically invisible from the rift between the airlines and the pilots last year.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Outlook Magazine money editor quits
Don't trust the Indian Media!

Thursday, April 01, 2010

Despite a Tiger Woods, there are more role models than fallen angels!

Jyoti Narain Director P7,

Media partner, HWC

It is a delight to be the official media partner of the FIH-Hockey World Cup. In India, Hockey is not behind the others anymore! Certainly, sports like Hockey, which is also our national game, should be supported in every possible way. It is our pride and understanding of the need of masses that has encouraged us so far....

Dola Banerjee Archer

World Champ, 2007

We need infrastructure and top-class training and equipments. While Sports Authority of India is getting foreign coaches, we still don’t have the means to challenge the international players. But, the truth is that the government cannot do everything. It is the support from India Inc. that ultimately matters...

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Outlook Magazine money editor quits
Don't trust the Indian Media!