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Friday, October 31, 2008

Marauders from Japan have ended Detroit’s dominance over America. And it all started somewhere in the Middle East in 1973


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The stark reality of living in a $100/ barrel world actually has two facets to it. Even though motorists across the globe may find themselves in a reality check situation, their consumerist flamboyance doesn’t seem to be anywhere near declining. Roads are clogged with more cars then ever before, even when most of the primary markets had actually shrunk. According to some reports, the US, possibly the world’s largest automotive market, has reduced 12-13% in terms of net sales. Even though massive demands in the developing world might have offset this dilemma, the curse of black gold always looms on the horizon.

Oil crises have persisted throughout the time line of oil’s discovery and eventual inflation has hit consumer price indexes. The poor performance of American automotive industry and its dependence on more fuel efficient cars, however, was hardly perennial. In fact, America was the land of powerful muscle cars until 1973, when the realities of oil price volatility gained prominence following the Israel-Arab war (oil reached a peak of $43/barrel in that year in real terms). America’s obsession with the gasoline-driven fuel guzzling petrol V8s has been actually a bigger conundrum then previously considered. The sheer arrogance of the American consumer towards diesel as a more efficient fuel guaranteed that American car making ways were thoroughly designed around these large inefficient engines.

Post the 1973 crisis, the demise of American muscle cars lead to the SUV era. Here again, the Detroit three (GM, Ford, Chrysler), lead from the front and began to have a model range excessively skewed in favor of the SUV. Japanese manufacturers like Toyota and Honda, on the other hand, were smarter and concentrated on envisioning a brighter future while American manufacturers were busy meeting present market consumption trends. Japanese concentrated more on fuel efficiency rather than the sort after high power engines. The decision was well thought out and the Japanese did manage to outwit the mighty Detroit trio at their own game. As the market condions changed and the demand for fuel efficient cars increased, the Japanese succeeded with their fuel efficient taglines they had been associated with throughout their history. The light, efficient no nonsense cars finally spelt the doom word for the fuel guzzling American cars, who in turn gave out major market shares to their smarter Japanese counterparts. Interestingly, the top three selling cars in America are of Japanese origin!

skewed in favor of the SUV. Japanese manufacturers like Toyota and Honda, on the other hand, were smarter and concentrated on envisioning a brighter future while American manufacturers were busy meeting present market consumption trends. Japanese concentrated more on fuel efficiency rather than the sort after high power engines. The decision was well thought out and the Japanese did manage to outwit the mighty Detroit trio at their own game. As the market condions changed and the demand for fuel efficient cars increased, the Japanese succeeded with their fuel efficient taglines they had been associated with throughout their history. The light, efficient no nonsense cars finally spelt the doom word for the fuel guzzling American cars, who in turn gave out major market shares to their smarter Japanese counterparts. Interestingly, the top three selling cars in America are of Japanese origin!

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).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Saturday, October 18, 2008

THOMAS FRIEDMAN - As flat as he can get


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THOMAS FRIEDMAN
As flat as he can get


It was with intellectuals like Thomas Friedman that it all started. His widely acclaimed book The World is Flat, made people realise the fact that the global village had truly dawned upon us, and the key was to accept it, rather than to attempt to wish it away or escape its grasp. More than anything else, he made the world realise that countries like India & China, with their unique low cost model, were growing in prominence. His observations of the Indian BPO industry have been a very important part of his flat world hypothesis.

As a columnist for the New York Times, Friedman has been a key observer of India. For instance, on Tata’s plans for the Nano, he critically commented, “Cheap conventional four-wheel cars, which would encourage millions of Indians to give up their two-wheel motor scooters and three-wheel motorised rickshaws, could overwhelm India’s already strained road system, increase its dependence on imported oil and gridlock the country’s megacities.” Needless to add, he has deemed it a huge danger to India and has expressed hope that India follows its path to development much more sensibly than the West.

So while Friedman plays a major role in shaping perceptions of the world on India, his critical views can inspire necessary debate. After all, a fast growing Indian economy could do well with a rain check every now and then!

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).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Tuesday, October 7, 2008

STEPHEN SOLARZ - backing india up


IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

STEPHEN SOLARZ
backing india up


The sway of the US Israel Political Action Committee in the US state of affairs is not hidden from anyone. The lobby has single-handedly decided the US course of action in Middle East in the last 5 decades, dominated the political scene. And if some gets praise for this, it has to be the US Congressman Stephen Solarz. Well, he is the man who has also been instrumental in Indo-Israeli rapprochement post USSR disintegration and has helped her in coming to the good books of the US.

T. P. Sreenivasan, one of India’s most distinguished diplomats says: “He is India’s best friend in the US Congress and has helped set up not only the India Caucus in the Congress but was also instrumental in setting up a South Asia Bureau in the State Department.”

Solarz is presently an official lobbyist for India. Although Solarz has joined a lobbying firm to legitimise his role, but he has worked more or less alone to support India’s case on the Hill and elsewhere. His initiatives will definitely open new avenues for the Indo-US cooperation in years to come.

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).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Wednesday, October 1, 2008

Housing


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The one dream which every man has after earning bread, is to have a home of his own. It’s no hidden truth that millions of Indian still live on the road and have no home of their own. Along with thousands of skyscrapers is also a vast area of slums where millions live in animal-like condition. Since 2005-2006, Jawahar Lal Nehru National Urban Renewal Mission has been promising improved housing, water supply and sanitation for the urban poor. But however the living condition of poor has worsened further because of mounting pressure of new entrants, as the housing shortage in urban areas has increase manifold over the years. Studies show that the aggregate housing shortage has increased by 134% during the last six years i.e. from 10.56 million units in 2001 to 24.71 million units, and the urban households have increased by 11.5 million. Only one-fifth of the target housing construction for weaker section of society was complete. In order to fulfill the housing requirement it was essential to complete at least 75% of the target. In order to give shelter to millions of people, 75 dedicated Special Housing Zones (SHZs) should be planned and developed across the length and breadth of the country. These Special Housing Zones should also have all the basic amenities and proper access to safe drinking water and proper sanitation. Moreover, this will enable mass housing and will lower the cost of construction. Moreover, 750000 houses for mass housing should be built in order to bridge the demand-supply gap for housing needs.

As per NSSO, only around 25% of all rural households had undergone some form of construction in the last five years. It is essential that at least 75% of all rural houses should be covered. The finance to these households should be increased to at least 75% from current rate of 60%.

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).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...


Labels: , , , , , , ,

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.