Entrapped in comfort zone

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India is failing to create the next wave of iconic entrepreneurs....

While the 80's witnessed the ascent of Dhirubhai Ambani who changed the very paradigm of business in India, the 90's were testimony to New Age entrepreneurs like Azim Premji, Narayana Murthy, Sunil Bharti Mittal and the scions of established business houses like Kumar Mangalam Birla and Ratan Tata, who were willing to keep aside the Third World inhibitions and tackle globalisation head on. A decade down the line, while many traditional business houses which flourished during the license raj, floundered, New Age companies that defied established norms and embraced the benchmarks of globalisation not only flourished, but started giving many of their foreign counterparts a run for their monies. This defiant global aspiration has not only made Reliance, Infosys, TATA, and Bharti household names, but through their founders, 'Young India' found its New Age icons. Entrepreneurship became the buzzword for the Gen X, and most B-school or engineering students now have faith in the phrase ‘India can’, and that even they too have it in them to make it big. No wonder then that it has become a norm that many are giving up their cosy corporate jobs to jump into entrepreneurship. Most prefer to start something in the field they have worked for years and though innumerable such companies have been started, most are either in the field of IT, advertising, restaurants or small time manufacturing. Though it’s a great sign, the sad part of this fairy tale is that India is yet to witness the next wave of path-breaking, norm-defying endeavours that were witnessed in the eighties and nineties. Business for many is just becoming a substitute of job and for reasons obvious, remaining small in size and impact. The likes of Narayana Murthy or Azim Premji were not just entrepreneurs but visionary pioneers who changed rules. Sadly, that isn't getting repeated.

Today’s generation has got much more in terms of education, opportunities and support systems. Yet, it has got so hooked on to that expensive urban lifestyle that it’s becoming far too difficult for them to come out of their comfort zone and give it up all for a single minded devotion to accomplish something big in life. Sadly, nowadays it isn't the one who saves but the one who spends, is considered rich. Once lifestyle reaches that level, it becomes far more difficult to curtail when time demands. Yet, entrepreneurship comes with the condition that during the gestation period, income would be low and cost control a necessity. Surprisingly, most iconic entrepreneurs had modest backgrounds. Perhaps, the reason why they never hesitated before taking the big leap and bet it all on something big. And it is this very hesitation of the present generation that is stopping the arrival of the next round of iconic change agents to transform India's potentials into reality.

Goldman Sachs’ prediction of India becoming the second largest economy by 2050 ($38.2 trillion GDP) cannot be achieved with mere dependence on outsourcing contracts from the US. It can only happen by unleashing a new era of entrepreneurship paving way for thousands of trendsetting, world beating companies. That, sadly, cannot happen till the time this generation comes out of its comfort zone and dares it all for igniting the future of India.


Pathikrit Payne


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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IIPM awards four Bengali novelists

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Abbas-hamas head-on again

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The militia faction denounces Fatah's 'harassment'

The Palestinian Authority's central council has designated to appoint Mahmoud Abbas as Palestinian president. It is largely a figurative office, as a Palestinian state is yet to be formed. The position has been vacant since Yasser Arafat's death in 2004.

Meanwhile, Mahmoud Abbas ­– who is facing a mounting challenge from Hamas to the authority of his rule – threatened that unless the Palestinian resistance group decides to reconcile with his Fatah movement, he is going to annouce fresh elections. Abbas threatened to issue a diktat early next year that will make both Presidential and Parliamentary polls mandatory. His term in office ends on 9 January. Hamas hurriedly discarded the bid, saying the thought itself was “unconstitutional".

“It's a symbol indicating the political problem that Abu Mazen (Mahmoud Abbas) and his group are facing while he is going to lose his official position as the (president) of the Palestinian Authority,” said Mahmoud Zahar, a key political figure in Hamas.

Hamas, which successfully orchestrated a bloody capture of Gaza in June 2007, and Fatah, which reigns over West Bank, were to hold discussions this month at Cairo in an attempt to resolve their differences. However, Hamas pulled out of the move at the last moment, in protest against what it called “continued harassments and arrests of its cadres by Abbas’s security forces” in the West Bank.

There were also misgivings about whether Israel, which controls mobility in the West Bank, would consent to polling. Reacting on the move Hani al-Masri, a Palestinian affairs expert based in Ramallah, told TSI, “In the present situation of mistrust, the fresh poll will only deepen the divide between the two factions. Of course we don’t want a situation where Fatah and Hamas hold their separate elections in West Bank and Gaza respectively. It will be disastrous. It will be a point of no return.”

Hamas's 2007 obliteration of Fatah in Gaza evidently exemplified the maxim that “power grows out of the barrel of a gun,” while the organisation’s conformity to the June 2008 armistice with Israel demonstrated its strategic litheness. Pressure from Israel and the PA in the West Bank almost certainly underpins Hamas's resolve to brace its grip on Gaza and to swell its martial wherewithal.


Saurabh Kumar Shahi


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
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IIPM awards four Bengali novelists

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IIPM Ranked No1 B-School in India
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“Terrorists are using new tactics”

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On the backfoot over the Mumbai blasts, Minister of State for Home, Sakeel Ahmed, tells Pramod Kumar there's no need for promulgating a new anti-terror law.

After the Mumbai holocaust, has the government reached any definite conclusions?

The Prime Minister has made a statement that the government was undecided on a new law to fight terror, because extant laws are adequate. BJP says Congress is not serious about fighting terror.

The BJP is in the opposition and they can make these allegations. But when the NDA was in power, terrorism in Jammu and Kashmir and Naxal violence had peaked. We feel POTA-like laws have been totally ineffective.

Is Mumbai a case of intelligence failure?

This is the imagination of the media and certain opposition politicians. There is no question of intelligence failure in Mumbai. Yes, you could say that terrorists are increasingly using new and novel tactics for their strikes.


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
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The Indian Institute of Planning and Management (IIPM)
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IIPM awards four Bengali novelists

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IIPM Ranked No1 B-School in India
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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India eNews - IIPM Ranked No1 B-School in India
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IIPM ranked ahead of IIMs
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Desperate times call for desperate measures. The global financial imbroglio’s next casualty is the job market, as corporates across the globe are scal

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Goldman Sachs, the troubled investment bank, once known as the Wall Street messiah, along with Merill Lynch, Lehman Brothers and Morgan Stanley, is facing the heat as well. The bank lost close to $1 billion in less than nine months this year. As repercussions, after its major operations across the globe, its offices in India will lose close to 50 jobs. “This phenomenon definitely affects the recruitment industry as well, and we see our database getting thicker. Also, within our industry, we see lots of players cutting down on their extra muscle. This is expected to last for at least one year from now,” opines C K Santhakumar, Director, TRITIUM Consulting.

What's next? Credit card major American Express is not far behind either. The company has major operations in India, which primarily deal with finance, accounting and tech support. According to sources, about 150 jobs will be gotten rid of soon at AmEx's India offices. AMD, the American semi-conductor manufacturer, on its part has, however, not confirmed any job losses in India at the moment. According to K Panda Rajan, Managing Director, Ma Foi Management Consultants, “Boom and bust cycles of economy are routine phenomenon. In the last 16 years of our service, we have seen more than seven such cycles. Some of these cycles were localised, while some like the post Y2K were diversified. In every such bust cycle, some people are bound to lose their jobs and the current situation is one such.”

Amid fears of job cuts in the face of global economic crisis spilling over to India, PM Manmohan Singh had to ask industry leaders to refrain from large scale layoffs. But as far as the Indian bandwagon is concerned, there are some ‘here and there’ skirmishes as well. Larsen & Toubro’s IT arm, L&T Infotech (a global IT services and solutions provider) is about to do some load shedding by showing the pink slip to close to 500 employees out of its total of 5,000. Another major Indian company affected by the downturn is Tata Motors, the country’s largest and the world’s seventh largest commercial vehicle manufacturer. With a decline in sales of over 28 per cent in the month of October this year, Tata Motors has decided to shut down its plant in Jamshedpur, Jharkhand, for three days a week. Arch rival Ashok Leyland, on its end, witnessed a whopping 50 per cent decline in its sales and has taken the same route as Tata Motors, restricting production to only three days per week. “Big companies must have the foresight so that the work force must not become redundant later,” says Emami’s Aggarwal.


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM awards four Bengali novelists

The Hindu : Education Plus : Honour for IIPM
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IIPM Ranked No1 B-School in India
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» IIPM ranked No1 B-School in India :: Education, Careers ...
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Deccan Herald - IIPM ranked as top B-School in India
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IIPM ranked ahead of IIMs
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A cornered cat

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Dr. Laurie Marker, Founder, CCF on the blue-print that rescued cheetahs in conflict and could perhaps help many other species

Andronicus Tjituka grew up on a farm with his grandfather, where he developed a love for farming. After jobs in the city made buying their own land possible, Andronicus and his wife found a property in the Hochfeld area of Namibia and set up their farm.

In October 2007, after losing some live-stock to predators, Andronicus saw a cheetah on his land and shot it. The cheetah was wearing a radio collar. He reported the kill to Namibia’s Ministry of Environment and Tourism, who then contacted me. CCF (Cheetah Conservation Fund)had collared the cat, and data generated by the collar revealed that the cheetah had only just arrived on Andronicus’ farm and couldn't have been responsible for livestock lost. We visited Andronicus, explained what we do, and showed him the map of this cheetah’s movements. Andronicus realised he hadn’t targeted the right animal and regretted killing the cat.

When we visit a farmer who has killed a cheetah, we do not chastise them because that is not taking into account the fact that the loss of even one goat can be financially devastating to many farmers. Instead, we look at how they manage their herds and make suggestions that will protect their animals from predation.

We told Andronicus about our courses that teach farmers nonlethal methods for livestock protection. He immediately signed up and is now confident that he will experience fewer losses.

Mahatma Gandhi once said, “Be the change you want to see.” That sentiment encapsulates CCF’s approach to saving the cheetah: showing one individual at a time how they can make a difference.

I fell in love with the cheetah the first time one looked me in the eyes with that penetrating stare. Unfortunately, over the past century the wild cheetah population has plummeted with a world-wide population of only about 10,000 individuals in Africa and less than 100 Asian cheetahs in Iran. The cheetah was deemed extinct in India in the 1950s, although re-introduction is being considered.

In 1990, I moved to Namibia to try to save the cheetah. My first goal was to find out why farmers killed cheetahs. I found after a two-year survey that the cheetah was blamed for much of their losses. Additionally, farmers admitted that they killed cheetahs as a preventative measure, not in response to actual livestock losses caused by “conflict animals”.

My next step was to change that. One successful approach used in Namibia is the conservancy concept, whereby farmers group together and collectively manage a large, contiguous unit rather than small patches of fenced land. This allows for a more natural system and predators are retained as an integral part of the system. Another extremely successful program, started in 1994, is CCF’s Livestock Guarding Dog Programme. The Kangal Anatolian Shepherd dogs, used in Turkey for 6,000 years to protect livestock, are bred by CCF and donated to farmers across Namibia. To date, more than 300 dogs have been placed on farms with participating farmers reporting up to 80 percent decrease in losses.

Since its founding in Namibia in 1991, CCF has had great success with farmers living with cheetahs on their land. Approximately 500 of the nearly 800 cheetahs turned over to CCF have been released back into the wild. In August of this year, a small box containing four live cheetah cubs arrived at CCF. The baby cheetahs, only two days old, had been cut out of their dead mother by the farmer who had shot her. Those precious cheetah cubs will live their entire lives at CCF—and dozens of other cheetahs died—because this one man did not know how to protect his animals from predators. I will never have the privilege of patting myself on the back for CCF’s accomplishments until every farmer, in every remaining cheetah range country, knows that CCF is available to help them live peaceably with predators.


Rahul Chaudhary


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM awards four Bengali novelists

The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...

Crocodile Dandy

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Romulas Whitaker is a conservationist with a difference. Rom's heart beats for some of the most venomous and dangerous creatures on Earth. Founder of the Madras Snake Park and the Madras Crocodile Bank, this 'American-Indian' tells his story to Indira Parthasarathy

Snake love

Almost all children are initially fascinated by reptiles and snakes; it’s the parents who freak them out. In my case, I have a mother who was extremely supportive and just as fascinated as I was with snakes. And the advantage I had was that we lived in a place where there were no venomous snakes (northern NY State). By the time I was four-five years old, I was bringing snakes home. And the encouragement she gave and buying me children’s books on snakes was what set the ball rolling.

Stint abroad

I came to India (Bombay) with my mother and Indian stepfather and then went abroad for my studies. I was a merchant sea-man; a waiter, did all kinds of American odd-jobs, but the professional aspect of my career really started when I worked for the Miami Serpentarium (MS). There’s a guy there – now 95-97 yrs old and still handling snakes – Bill Haast, who had at one time the biggest venom production centre in the world. It was basically a combination of a reptile exhibit like Croc Bank, but also a venom production centre, which is like the Irula Co-operative. We were all snake catchers. We were like the “white tribals.” Except we went out in cars. I learnt how to extract venom, process venom, and learnt about the market for venom and that’s what I taught the Irulas here.

On staying on in India

I grew up here and I felt much more at home than anywhere else. I think the challenge and interest of working with reptiles here was much more than in the US. While there are thousands of people doing it there, in India when I set up the Snake Park in ’69, there were only the tribals doing it and the snake charmers. Now though, snake rescuers are there aplenty – my friend Anees Mohammed in Bangalore, Snake Park in Mysore, Gerry Martin – large range of people interested in snakes as compared to those days. My peer group was the Irulas and they taught me a lot about stuff in the field. I might have taught them how to process venom, but they taught me all about how to find snakes which is a good thing for any budding herpetologist.


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM awards four Bengali novelists

The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...

The 2009 general elections’ result will have no single party form the government at the Centre, and which party comes, it will not complete its term.

IIPM Ranked No1 B-School in India

Ajai Bhambhi

Chaotic Centre, BJP to lose states

Venus, the planet of luxury and wellness has been a major factor in India’s fate for the past 20 years. This is amply reflected in the great strides India has taken over that period. However, at present, Ketu will play a spook: its temperament does not dine together with Venus. From November 4, 2009, Ketu sub dasha will play a major role in the main mahadasha of Venus. Result: chaos. The 2009 general elections’ result will have no single party form the government at the Centre, and which party comes, it will not complete its term.

Congress: Presently with Venus in the 11th house along with Jupiter is good. In astrology 11th house indicates huge gains by friends, well-wishers etc. Congress will not win as many seats it had won in the last election but it shall be in a position to call the shots due to its alliances. However, a precise prediction can only be made after the poll dates are announced.

BJP: In this party’s case, since it has a Venus-Mercury combination - which is good - we still believe that the party will do well in this election but to get a mandate will not be an easy task.

Delhi: The charts of VK Malhotra and Sheila Dixit are not too different, but going by all considerations, there can be no better time or opportunity than now for the former.

Rajasthan: Vasundhara Raje might manage to manipulate MLAs and come back, but chances are she will go down fighting. Madhya Pradesh: Shivraj Singh Chauhan, with his Moon chart showing Jupiter leaving Sagittarius on December 9, 2008, is a sure loser! Chhattisgarh: Raman Singh beware: Saturn’s sadey saati in operation, so the least said the better!


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

ZEE BUSINESS BEST B SCHOOL SURVEY

IIPM awards four Bengali novelists

The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
IIPM Ranked No. 1 B-School In Global Exposre - Zee...

India also needs one Obama

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Thank you Barack and thank you Arindam for your editorial. I also share same line of thought. I am a government servent and next year i will resign. Even I want to do social work for our nation. I often become emotional for our country and specially after November 4, I think India also needs an Obama. Good luck and thank you for listening to my views.

Pradeep Garud

Pune


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

IIPM awards four Bengali novelists

The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
IIPM Ranked No. 1 B-School In Global Exposre - Zee...