Tuesday, February 05, 2008

Ministry of good sexual practices

When her tall persona fails to intimidate Indian menfolk, the Women & Child Development Minister, Renuka Chowdhury uses candour to bring home the point – if Indian men really care for their wives, they need to use condoms on a regular basis. She even Women & Child Development Minister, Renuka Chowdhurysuggests to women that if their husbands are irresponsible in picking up the safety device on their way home, wives should take matters in their own hand and do the needful. In as much, the minister is rightly out to shake up the very foundations of India’s orthodox Patriarchal setup. And the drive behind her bold utterances? Yes! To prevent Aids and other ills plaguing Indian society.

One should applaud Renuka for spearheading a frontal attack on the sometimes hypocritical moral fibre of Indian society, but oft en she does give a feel of overstretching her brief and indulging in glib talk. This was evident when she recently talked about registering all pregnancies & abortions within the country. Of course, one doesn’t dispute her intentions, which are primarily directed towards preventing female foeticide (a study by The Lancet, a British medical journal, reported last year that upto 500,000 female fetuses are aborted each year in India, leading to birth of nearly 10 million fewer girls over the past two decades), but what one does argue against is the wishful thought that such a measure can be effectively implemented in a country like India.

For Complete IIPM Article, Click here

Source:
IIPM Editorial, 2008

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



Friday, January 25, 2008

Having silenced competitors, Rio Tinto’s bid for Alcan is a perfect corporate suicide tale in the making…

Give what names you wish to the Rio Tinto management, but the bitter reality is that a logical strategist derives no pleasure in realising that while Alcan’s shares were trading at just $61.03 per share on the NYSE (on May 4, 2007) before the share price was artificially puff ed-up due to the bid-war, Rio Tinto offered it a rollicking $101 per share (as on July 25, 2007) – a breathtaking premium of 65.5% over its true value, perhaps in an attempt to wash away the competition!

Tom Albanese, CEO, Rio Tinto, tries to justify his company’s logic concerning ‘true value’ as, “We’re very comfortable with the fact that we’ve found the right balance between the compelling offer for Alcan shareholders & a Rio Tinto offer that’s consistent with our approach to value…” However, this too falls fl at when considered that the current market value of Alcan stands at just $32.92 billion which is yet again overvalued (as proven by the fact that Alcan share volumes traded rose by a deafening 1587.1% on the subsequent trading session after May 7, 2007) only due to the recent two-month long bidding rally as the total market value of Alcan was just $22.08 billion before the bid started!

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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


Friday, January 18, 2008

It is better to be an expensive bike maker as that makes money

In the meantime, Rahul’s two sons (Rajiv and Sanjiv) who were at the helm of Bajaj Auto, allegedly reported most critical differences over management issues। Consider this Bike Maker – despite various analysts bemoaning the move, Rajiv Bajaj, the MD of Bajaj Auto, in February this year announced his unique plans to exit the 100cc segment, the largest segment in the motorcycle industry (61% of total industry sales). When we had questioned him, he commented to B&E, “I want to be in a segment which makes money. I don’t think 100cc will make money in the future... It is better to be an expensive bike maker as that makes money...” Not surprisingly, it took him less than a quarter to do a volte-face to comment again that the industry misread their strategy as they simply wanted to give a ‘better’ 100cc product. [What’s the latest report card then? The first quarter results (April- June 2007) came in bleeding. Profits fell 15% to Rs.2.26 billion; sales staggered down to Rs.21.1 billion (from Rs.22.03 billion)].

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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


Thursday, January 10, 2008

Learning from their formative violent past no one else but the...the deformed future generation...

This phenomenon has spread across more developed continents too. In South Asia, most militia organizations find it easier to recruit kids in their terrorist organisations, while in more developed countries of Western Europe & especially the US, peer pressure, frustration, identity crisis, jealousy & distorted childhood is giving rise to new generation of trigger happy children, who for a momentary pleasure of raised adrenaline can anytime go out for a killing spree in schools/colleges, such incidence of mass firing have became regular feature in the US.

At the crossroads of the millennium, mankind needs to take certain crucial decisions, as to whether all these, happening in the name of development (or in absence of it), would essentially make this world a happier place to live in or not? Which is certainly not so to begin with, it is better for mankind to go back to their basic instinct & make sure that their young ones are taken care of.
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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