Who says charity begins at home?

More and more people are tripping on philanthropic travel!

When asked if one had all the time and money, what would one do; most would say, ‘travel’. And why not? It’s exciting to laze by the beach, trek in the hills, anticipate the movements of an animal in the wild and drown oneself in the bustle of a big city. But how many travellers delve into the soul of the destination, by really understanding its culture and people? Not many. However, there are a growing number of people travelling to the lesser-privileged parts of the world, attempting to blend in with the natives and lend a helping hand wherever possible.

Philanthropic travel as a concept is still at a nascent stage, although it has gained popularity in the US. There are NGOs that sponsor and arrange such jaunts, the most traversed destinations being Burma, Cambodia, Botswana, Tanzania and India.

Marc Gold is a philanthropic traveller, and in 1989 he had visited Darjeeling for a vacation. Here, he met a girl who was suffering from a life-threatening disease. The girl’s folks were incapable of affording the treatment and so Marc donated funds for her medication and treatment. This kind gesture of Marc’s saved a life and brought back happiness to a family that had almost lost hope. Marc now visits various places with the objective of not just absorbing their beauty and interacting with the people, but with the intention of reaching out to those in need.....Continue

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

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Gen-next ‘glib’ Godrej

Nisa GODREJ... charming and vivacious, a legendary surname only adds to her dynamism!

“I’ve learned a lot from my father and the people with whom I work, because I was treated like an employee rather than an owner. And this tradition of Godrej, I have carried among my children. Be it my son or my two daughters, all had to go through a proper training and have global exposure before they hold their today’s positions. No wonder my daughters have been able to bring in so much emotional intelligence in the organisation,” a proud Adi Godrej, Chairman of Godrej Group of Companies told 4Ps B&M. And the claim is far from being a hollow boast, when one considers the case of his youngest daughter - Nisa

Boasting a degree from Wharton Business School, Nisa traveled the same strenuous path in the family-controlled business as any other employee, beginning her corporate journey as an intern in the marketing department of Godrej Sara Lee. However, her people skills soon enabled her into the position of Assistant Manager in the Human Resources department (HRD) of Godrej Industries. Hungry for more, Nisa next proved her awesome communication skills and became Manager, Corporate Development, Godrej Industries. A keen participant in Godrej’s management committee meetings, Nisa may have been born with a silver spoon in her mouth, but she has a legendary legacy to live up to. And going by her zeal, success may just be around the corner.


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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian

On the road with Hillary

Hillary Clinton is undoubtedly the Indian American community’s favourite candidate for the 2008 presidential elections. Later this month, the honourable Senator is all set to interact with the alumni group of Indian Institutes of Technology (IIT). For this, she has promised to take time out of her hectic presidential cam- paigning. About 4,000 Indian Americans are ex- pected to attend the function. A New York Sun report claims that several Bollywood stars will be called for yet another Hil- lary campaign event sometimes later this year. Indian stars are shining extremely bright for Senator Clinton, we must say!

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian

The gigantic Indian realty sector grumbles & groans

While the lovelorn Presley look-alike gorilla met his imbecile downfall because of his rising prime ‘interest’ in Ann Darrow, a young and most desirable protagonist in the movie, India’s real estate sector – displaying a brilliantly remarkable shallow foresight – had to shove down hard on all its brakes in reverse gear due to, yes, rising prime ‘interest’ rates.

But first, let’s describe our interest infatuated sector for all its worth. The real estate sector in India has grown into an enormous $16 billion behemoth in terms of size (Assocham projections), spawning a journey that started thanks to some overzealous, and not so clumsy pioneers (the exemplary K. P. Singh of DLF being one of them), who had the business acumen to acquire vast tracts of land and develop them into sprawling commercial & residential complexes. In the past two years, property rates across all metros have shot up by more than 100% and the situation in the tier-II & III cities is almost analogous. The sector has been growing very fast indeed, with a respect- able CAGR of 15% over the last decade. If one were to hone in on the two most critical reasons this happened in the past few years, it was clearly the availability of loans at dirt cheap interest rates on one hand, and on the other, obviously, spectacularly rising demand. But the segment, which was supposed to have been a part of the closely supported and regulated infrastructure segment, was quite surprisingly allowed by the government to play to the galleries following the standard rules of market capitalism.

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Source: IIPM Editorial, 2008

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

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank The Sunday Indian

Free trade from ideological and political predilections

If one thought that the recent Boeing -Airbus turf battles are merely an outcome of the capitalist urge to out-wit close competitors, one may be a little off the mark. The battle between the two leading aviation companies of the world has been raging for years (in 2004, the US had lodged a major complaint with the WTO against the subsidies offered to Airbus company by the European consortium. The EU had retaliated by stating that the Boeing was subsidised through the sale of its defence equipment), with the two governments actively involved in promoting & protecting their respective companies. Boeing is dear to the US administration because it is one of the leading lights of its Military Industrial Complex and the chief sponsor of the Presidential elections, while Airbus stands tall as Europe’s long-time ambition and pride.

Post Cold War, Europe is in the process of evolving a more civilised set of policies (as opposed to the US reliance on pre-emptive military strikes) to deal with the prevailing uncertainty in global polity. “The EU is strong in a less tangible ‘soft power’ way. The European way of life, its culture & societies, not only appeal but also attract many of its neighbours and colonies. Meanwhile, the policies of the Bush administration have prompted a wave of hostility towards America, around the world,” said Robert Kagan, a noted Trans- Atlantic expert, while talking to B&E. So is the Boeing-Airbus tussle symptomatic of the strained transatlantic ties? Undoubtedly, the trend represents geopolitical prejudices spilling over into the trading arena. One only hopes that these disputes would be resolved amicably (in the true spirit of “free trade”) much before they begin to assume menacing proportions that threaten global peace.

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank The Sunday Indian

Sour pills, sweet healing!

If you have had the opportunity to meet Ranbaxy CEO Malvinder Singh, you would be well aware of the highly aggressive streak in his personality. Interestingly, during our meeting with his younger brother Shivender Mohan Singh, CEO, Fortis Group, we hardly found traces of that trademark aggression. Just calm eyes and a thoughtful response to our approach. A minute into the conversation & our perception changed, for here was this man, yawning at regular intervals (owing to the long flight and the jet-lag thereof), yet he carefully sliced time and with chosen words explained the issues surrounding his ‘Fortis’ dominion... with masterly wit and humour diff used in his statements, and yes, topped with smiles galore!

He starts with a vivid description of the growth potential in domestic healthcare sector and pointed out that despite lack of clear data to align his strategic planning with the overall health of the sector (as most is still under public sector control), it is indeed one of the most promising sectors in India. “How promising?” we ask to which he responded, “Surpassing even telecom!” And there he gloated, for he knew well that we could not question his optimism and the importance that Indian policy makers are currently giving to the sector, owing to its bright future. As per a study undertaken by McKinsey, out of the Rs.1.03 trillion which India spent on both the pharmaceutical and healthcare delivery segments during 2001, a thumping 83.49% of the total was spent on developing healthcare facilities alone!


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Source: IIPM Editorial, 2008

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

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