Wednesday, January 16, 2013

Finally... a mental floss!

The fear of losing count of all that one counts on, might just temper down thanks to a new research…

He was in his early fifties – tall, lean and as handsome as an old Hollywood star. He looked in the pink of health when the doctor asked him, “How are you doing?” and he replied in a refined accent, “I am doing well.” The doctor asked him a few more questions like – what did you have for breakfast, did you go for a walk today, where do you stay and what do you do – to which he replied normally but when the doctor asked him the same set of questions within a minute again, I was surprised to hear different answers and was disturbed when he kept repeating the sonorous ‘en, en, en, en’ till the doc interrupted to help him tell his profession and say “engineer.”

“This is a severe case of Alzheimer’s disease where he remembers things for not more than a minute. Alzheimer’s is a progressive and neurodegenerative disease that affects the memory and behaviour of the patients gradually,” says Dr. Siddhartha, Senior Resident, Neurology, IBHAAS. Unlike many other diseases, Alzheimer’s has no specific causes but the risk is heightened by a person’s lifestyle as well as by his/her genes. When the combined results of different risk factors pass over a certain limit and beat the self-repair mechanisms of the brain, then the brain’s ability to maintain healthy nerve cells reduces. While lifestyle-related risk factors can be controlled, genetic factors would sooner or later cause the disease. If one goes by the researches, the high prevalence of genetic risk factors is unquestionable. If one has at least one first-degree relative with Alzheimer’s, the person is 3.5 times more likely to get the disease. The risk increases for each additional case in the family.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Monday, January 14, 2013

Give up using toilet paper

Give up using toilet paper, and save the planet!

Americans, reportedly, are totally averse to switching from the softer to coarser environment friendly wipes.

While in European and Latin America about 20% of the toilet paper rolls sold have recycled content, only 2% of the 36.5 billion rolls of toilet paper sold in US are completely composed of recycled fibres. Says NRI Ruchika Chawla, “From the time Americans are born, wiping is the only concept known to them for cleansing themselves. Washing is not introduced in childhood as it’s in India, so although the consequences are grave, Americans can’t do without toilet paper. I believe they’ll recycle more cans to make up for the damage, but not give up their toilet paper!”

While countries keep haggling over the Kyoto Protocol, we as concerned and responsible citizens need to keep track of our carbon footprint ourselves. It would take very little effort from Indians to forego the roll and opt for water bidets, which use a jet of water to clean, especially since the use of water has so far dominated the toilet habits of Indians. Hopefully, Americans too will discover the utility of the bidet and perhaps limit their use of tissue paper only to dry off. Seventh Generation, producers of recycled toilet paper, estimates that one million trees could be saved if every US household substitutes just one packet of the soft napkins with 100% recycled ones. Clearly, flushing away old habits is the way forward… 


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program) 

Friday, January 11, 2013

MEET THE SURVIVORS

That we irreverently make a slim play of Marshall Goldsmith’s quote is obvious (we use him inside too), but that we do so to describe a group of intemperately argumentative entities that refused to accept India as a losing proposition, is perhaps slimmer than they would agree with.

It wasn’t just that the MNCs were suffering the classic Levittian marketing myopia, for even if they weren’t, the fact was that the so-called promised land – one billion people with purchasing power – never existed in India. The cookie that they came prepared for never existed and the investments that were made in the initial mad rush, ended up in crucifying financial statements to no ends. Look around. From the automobile sector to soft drinks to television media, leave one or two MNC players, the rest have been in considerable losses.

But there were exceptions. We found nine. Nine who not only understood the 4Ps, but also how to co-create a Prahladian value not necessarily from the bottom of the pyramid, but from the middle and the top. Finnish, Koreans, Americans, Europeans, our meetings with these inter-continental companies answered some questions and threw up many more. But for those, there’ll be another day. With credit, today is theirs.
 

Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Thursday, January 10, 2013

where India stands today and what needs to be done

C. Rangarajan, ex- RBI governor and member Rajya Sabha, speaks on where India stands today and what needs to be done

regulatory failure

What stands out glaringly in the current episode is the regulatory failure which was twofold. First, some parts of the financial system were either loosely regulated or were not regulated at all, a factor which led to “regulatory arbitrage” with funds moving more towards the unregulated segments. The second failure lies in the imperfect understanding of the implications of various derivative products. In one sense, derivative products are a natural corollary of financial development. They meet a felt need.

However, if the derivative products become too complex to discern where the risk lies, they become a major source of concern. Rating agencies in the present episode were irresponsible in creating a booming market in suspect derivative products. Quite clearly, there was a mismatch between financial innovation and the ability of the regulators to monitor them. It is ironic that such a regulatory failure should have occurred at a time when intense discussions were being held in Basle and elsewhere to put in place a sound regulatory framework.

impact on india

The Indian financial system is not directly exposed to the ‘toxic’ or ‘distressed’ assets of the developed world. This is not surprising since Indian banks have very few branches abroad. However, the indirect impact on the economy because of the recession abroad is very much there. The ‘de-coupling’ theory does not hold good. The indirect impact is felt both through trade and capital flows. The fall in international commodity prices and more particularly crude oil is reducing sharply the import bill from previous estimates. The recession abroad is having an adverse effect on our exports. There is a sharp desceleration in the rate of growth of exports in 2008-09. The decline in growth rate in exports will affect strongly some sectors where exports constitute a significant proportion of the total production. Some examples are textiles, automobile components and gem and jewellery. In contrast to robust inflow of over $100 billion in 2007-08, 2008-09 may not have seen any net increase in capital flows. With flow of portfolio capital slowing down, Indian firms may also experience difficulties in raising money abroad. All this will impact the exchange rate.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.

Wednesday, January 09, 2013

Indian feature phone market with dual-SIM phones

After quarters of misery, Nokia has been able to reassert its position in the Indian feature phone market with dual-SIM phones, and Microsoft promises an edge for it in the smartphone segment. However, it must play its cards well to be able to leverage on the same.

Off late, Nokia has firmly started to make a late (but not too late yet) comeback. In the feature phone market, Nokia has posted stellar gains with its dual-SIM handsets and in the smartphone segment, it’s now looking at its tie up with Microsoft. Understanding the nerve of a price sensitive and yet durability conscious Indian market, Nokia has unveiled a series of quality dual-SIM handsets in last two years for users who were compelled to compromise on low quality Chinese handsets. It went on to launch country-wide advertisements from road shows (Nokia’s blue brigade rally) and customer engaging street plays depicting the benefits of dual-SIM phones launched by Nokia, which worked wonders and resulted in the company managing to stretch its lead again in the overall mobile devices segment. Gopi Rajeev, Lead Analyst for Mobile Phones, Smartphones and Tablets, IDC India confirms, “In just 6 months (Q2 -Q3, 2011) Nokia was able to increase its market share by 6.8%, and what gave them the real boost were their dual-SIM phones in the Indian market.” Though the company still expects to sell nearly 150 million Symbian-based handsets in 2012, it has already taken steps in a right direction (with Microsoft) and the rest of the players including Samsung and HTC have now started following suit. Windows-based platforms are relatively more secure in comparison to Android, since the latter is a more open software. Google bought Motorola in 2011 for an enhanced grip over portable hardware devices riding Android, which might be doing exceptionally well (set to cross 42.4% share in 2012), but will face stiff competition by 2015 from Windows-based phones. “They (Microsoft) are more consumer oriented, in sync with the market and have much more to leverage considering their market share in PCs,” adds Rajeev.

As it gets into an overdrive on these comeback strategies, Nokia should keep in mind its positioning as a mass market brand. It has plans to infuse nearly $50 million by 2014 to revamp its Indian operations for both high end and low end segments. IDC projects mobile phone shipments to India to grow at a CAGR of 13.03% from 2011 to 2015 and reach 30 million by that year. In contrast, smartphones are expected to clock a CAGR of 63.4% in the same period and reach 77.5 million by 2015. Dual-SIM is a great second start, but swift and deep penetration in smartphones will help Nokia build the momentum for sustainable market share. Nokia’s best bet, therefore, could be the affordable smartphone market, which is eagerly sought after and will see extremely bitter competition. But it’s a bet Nokia needs to take, considering that it still retains quite an unbeatable branding edge here.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.