Comrades at loggerheads !

The ongoing fight between Kerala CM VS Achuthanandan and state CPI (M) chief Pinarayi Vijayan refuses to abate, even after both of them were suspended from the CPI (M) politburo. The latest issue to have cropped up between the two is related to the legality of AKG Bhavan. After CPI’s Munnar office was demolished by the state government as part of its massive anti-encroachment drive in the hill town, it accused CPI (M) to have built its state headquarters at AKG Bhawan in Thiruvananthpuram on illegal land. Within a fortnight, Malayalam media was agog with stories on AKG Bhawan’s status. The reports were backed by documents showing the area originally allotted to CPI (M) to build its office and where the office was actually built – portraying CPI (M) itself as one of the encroachers in black and white. The Vijayan camp suspects that the documents have been leaked from CM’s office to embarrass him.

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Source: IIPM Editorial, 2006

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

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Will Siemens be back in calm waters?

Siemens created a history of sorts when it announced that an outsider, Peter Loscher, would be replacing outgoing CEO Klaus Kleinfeld. For more than a century, Siemens never had an outsider as a chief executive. An Austrian, Peter Loscher, has been a top executive in Merck and at one point had also worked for General Electric. The new 49- year-old MBA has spent most of his career in international assignments, and thus brings with him the expertise required for tapping emerging markets out of Europe. However, this is his first assignment as a CEO and he is all set to inherit the legacy of legendary Kleinfeld, which might turn out to be a difficult task for Loscher.

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Source: IIPM Editorial, 2006

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