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Wednesday, May 28, 2008

Imagination Rules


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They come up on you slowly yet stealthily; but they mark you forever. The new age marketer knows a thing or two about the laws of the jungle...

One day in Manhattan, New York, 16,000 butterfly stickers appeared overnight across the city, forming a trail leading from Times Square to Central Park where a promotional event launching internet software package MSN 8 was taking place. This resulted in a major public outcry against the campaign, as it is illegal to advertise this way in New York. Microsoft immediately apologized to New York and agreed to remove the butterfly stickers. But it was worth the effort, for the campaign generated more that 168 news articles around the world! Not just the people on the streets of Manhattan, but world over, millions came to know about the new software package that was being launched by Microsoft.

Yahoo Personals Billboard Dating campaign put a woman on a Los Angeles billboard for three days. The woman spent three days atop the billboard, using a wireless internet connection and “Yahoo billboard Personals” to search for and schedule her dates. The campaign got so much of media coverage and free PR that it helped increase the number of visitors to the website. More than 6.4 million new visitors logged into the website. The company sure knew how to take dating to new heights.

In Australia, Vodafone painted their logo across the back of a person. At an appointed time, the man ran into a cricket pitch, where the game was on. Police ran behind the shirtless Vodafone man, so did all the cameras (which were telecasting the game across the world) and the eyes of the spectators. Vodafone had made sure that its logo was aired live around the world and all it cost them was $250 – the fine money that the police slapped on the streaker who ran into the pitch!

Welcome to the world of ‘guerilla marketing’. All the above mentioned instances are examples of this form of marketing. It could be defined very broadly as an unconventional way of performing promotional activities. And as consumers are increasingly avoiding or ignoring traditional advertisements, considering the increasing clutter, ‘guerilla marketing’ is the way to go. All it requires is, lots of imagination, for it is ridiculously inexpensive!

There Have Funare anti-ad filters as TiVo and mainstream advertisers are finding it difficult to reach the target audiences efficiently. To succeed in business you need to understand marketing. It’s said that most businesses fail because they don’t understand marketing. However, even when you do marketing, it is not easy to reach the target audience. ‘Guerilla marketing’ helps to breakthrough this clutter. That’s because just like guerrilla warfare, it catches the customers by surprise – thus making them remember the message (you can even call it a marketing ‘stunt’ if you deem fit) for a longer duration. In fact, ‘guerrilla marketers’ are even called ‘Buzz Agents’, precisely for the buzz they manage to create amidst consumers. They get people talking about the company and the brand.

When the Minnesota state officials wanted to boost tourism to a local resort town, they put a couple of canoes on some of the busiest streets of Chicago. The canoes had people wearing life vests and flannels as they pretended to fish and even row down the streets! Even a staid, jaded onlooker would have balked first and then smirked at the sight, and remembered it. Surely a novel way of fishing for more customers. The best part about ‘guerrilla marketing’ is that it delivers results quickly. And even if a plot backfires (as in the case of Microsoft) the company loses nothing, as every marketer knows there is no such thing as ‘bad publicity’, what matters is to get people talking about your ‘stunt’.

Hit it where it hurts
All that an effective ‘guerrilla marketing’ campaign requires is time, energy and imagination – not big budgets. So it works wonderfully for small businesses that work under financial constraints. This way they can challenge big competitors too. That’s exactly what Big Bazaar has done. It took on biggies like Shopper’s Stop, Lifestyle and Westside with cheeky one-liner hoardings that did catch a lot of attention and got the buzz going. “Keep West – aSide. Make a smart choice!” Shoppers! Stop, Make a smart choice!” “Change your Lifestyle. Make a smart choice”. These lines did stir-up competitors and gave shoppers something to smile...

Pepsi was still struggling for acceptance when Coke was riding high on the waves of success. Its biggest strength was its six and half ounce bottle. They used it in every ad and even trademarked it. Pepsi came out with a 12-ounce bottle for the same price. It had hit the bull’s eye. Youngsters immediately switched to Pepsi. It was the perfect guerrilla attack. That year Coke spent $15 million in advertising, while Pepsi rejoiced, for it spent just $600,000. An intelligent ‘guerrilla marketer’ finds a weakness in competitor’s strength and attacks!

Appear where no one expects you to!
A number of empty prams suddenly appeared on streets of Stockholm. As people passed them, they could hear a baby crying. When they leaned over to look at the baby, they saw some information written inside the pram which was, “Everyday 136,986 children are born who do not exist.” It was an effort by UNICEF to raise awareness about how infants, particularly in small remote villages are not registered at birth – which make them officially nonexistent and hence easy victims of child abuse. The campaign lasted for 3 days, but UNICEF was able to collect some 2,000 donors who were ready to support the campaign.

After the Jet-Air Sahara deal, Jet Airways came out with a hoarding that highlighted their changed uniforms, logo, et al. The headline read “We’ve changed”. Within 36 hours, Kingfisher came up with bigger hoarding next to it, with a cheeky headline “We made them change.”

The element of surprise works wonders for all successful ‘guerilla marketing’ campaigns. They are highly creative and deliver almost instantaneous results.

Have fun
Think creative, think out of the box… sure, but a dash of humour always increases the effectiveness of campaigns.

When Spiderman 2 was about to released in India, Contract ad agency created a campaign that shocked and amused male cinegoers. They saw a urinal placed high up, near the ceiling - one that only Spiderman could use! Next to it was a small poster that read “Coming soon Spiderman 2.”

A security glass company wanted to demonstrate the strength of its shatter-resistant coating. They treated a bus shelter’s Adshel with the coating and filled it up with bank notes worth three million dollars (apparently). Almost every passerby ended up either kicking or punching the glass. Some even returned with their families. The company had spent hardly $6,000 Canadian dollars, yet countless magazines and newspapers around the world covered this story.


‘Guerrilla marketing’ is fast developing into a new tool for marketers to get quick and effective results, besides being a unique way of reaching out to customers. For success in the contemporary marketplace, you don’t need to match budgets with the big players, instead you need to match wits. So if you are creative, innovative and ready for risks; and if you are looking for instant results, this is the place for you. Here there are no rules – the only thing that rules is – your imagination.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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IIPM - Admission Procedure
Why Study Abroad When IIPM Gives You 3 global Advantages!
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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Wednesday, May 21, 2008

Thump or Rock?

Sony banks on Roshan’s litheness

It wasW200i - Walkman Phone in end March that Sony Ericsson roped in Hrithik Roshan as its brand ambassador. Since then market watchers have been waiting with bated breath for Hrithik to make his first performance for Sony. Even before the ad hit TV screens, the comparisons began. Rival Motorola has Abhishek Bachchan on his side whose performance has been (so far) quite good. The deal became not just about Sony Ericsson and Hrithik; but pegged the latest Bollywood heart-throbs against one another viz, Abhishek and Hritik, in the endorsement arena too.

Taking forward the ‘I Love...’ theme of past commercials of Sony, the latest commercial of Sony Ericsson’s W200i with Hrithik Roshan says, ‘I Love the Thump’. The commercial starts with Hrithik in his bedroom and the first thing he does after waking up is put on the earplugs and switch on the music on his phone. The sound of music gets him into the dance mode. The next few scenes show people all over dancing atop buses, in office, cafes, et al. Finally, a troupe led by Hrithik is shown dancing, as non-stop music plays on their headsets. Suddenly, Hrithik gets a call and the momentum is broken. A voice is heard asking ‘What’s up’ to which he replies, ‘Nothing much, just letting the world free’ (English version). The ad ends with Hrithik declaring “The Thump is here.”

After the great success of its walkman series (remember ‘I love missing the last bus home’ ad?) the W200i is the latest addition to Sony Ericsson’s portfolio.

Talking about how the idea came up, Nandu Narshiman, Creative Director, Saatchi & Saatchi says, “The W200i Walkman phone has MegaBass with Bass Reflex Headphones and also offers a longer battery life. The concept of ‘Non-stop Thump Music’ came from these features of the phone.” The fit could not have been better. The phone is being peddled as a music machine and Bollywood’s dancing sensation – Hrithik Roshan with his Greek God looks is making the world dance in the ad. The ad tries to leverage maximum mileage out of this fact (gelling it with the theme of music and dance).

Without discounting his great looks, the ad focuses on his superior dancing skills, something that the whole Bollywood salutes. Riding high on his recent box office hits like Krrish and Dhoom-2, Hrithik has regained his status as the superstar of the country, which had slipped from his hands after his initial successes. “The key challenge was to get dates from a busy star and ensure that deadlines for launch were met, despite time pressures,” says Narshiman. Sudhin Mathur, GM-Mobile Communications, Sony Ericsson says that the brand has been moving up the recall ladder, of late, as a most persuasive brand. “We’ve always enjoyed a preference amongst youth and superstars, like Hrithik represent today’s youth,” he says. But despite the enthusiasm within the company for the thump, the ad has received a mixed response. While some are ‘thumping’ with it, others continue to rock... Here we’re talking of the clash between Motorola and Sony Ericsson. Remember Motorola’s ROKR ads, also positioned as a music device, which had Bachchan grooving? With both handset majors peddling phones with similar USPs, both with Bollywood superstars dancing to their tunes, let’s see who rings into most ears in the end. We love this game...

4Ps B&M Research: Surbhi Chawla

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Source :
IIPM Editorial, 2008

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
IIPM - Admission Procedure
Why Study Abroad When IIPM Gives You 3 global Advantages!
The Sunday Indian - India's Greatest News weekly
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IIPM, GURGAON
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Monday, April 21, 2008

India’s Visa power


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Did you know that the Asia Pacific belt accounts for 60% of Visa debit and prepaid cards’ global consumer volume and over 67% of the number of its transactions? Clearly, people in this region are spending, spending, spending! One look at the numbers and you’ll know exactly how much! Total transactions in the region in 2006 accounted for a huge $156 billion – that is up 31% over $119.08 billion that was spent in 2005. Not just that: in the region, India is the biggest market for Visa debit and prepaid cards. In real terms, there were around 3.39 crore cardholders in 2006 in India – which accounts for 34% of Visa’s customer base of 10 crore in Asia Pacific. After India, the countries with the largest number of Visa cardholders are Thailand and South Korea (1.39 crore and 1.16 crore customers respectively). India is also among the top three markets in the region when it comes to total transactions. At the end of 2006, seven out of 10 Visa cards in India were debit – as opposed to credit cards.

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Source :
IIPM Editorial, 2008

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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

Friday, April 4, 2008

FEASTING ON MILES...


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Fiesta has proved to be efficient & stylish...

SelectingFiesta has proved to be efficient & stylish... a car now-a-days is like going to the mall to pick up a shirt!!! So many choices simply leave you confused. Luckily for me selecting the Ford Fiesta (diesel version) was pretty straight forward. I had a couple of parameters in mind which I found aplenty in this car, namely, drivability & fuel efficiency. Driving this car for the first week proved that it’s perhaps the most frugal oil burner available in this segment, and this I realized when I went for my first tank fill.

The Fiesta ran almost 17 kms to a litre of diesel! Now that is simply a pleasurable information for any car owner, rich or poor, upmarket or downmarket. This kind of average makes it one of the most efficient cars to run on Indian roads.

The position of the steering is very well aligned with the driver seat, making this vehicle very comfortable to drive. The interiors are modern and extremely ergonomic. I mean, you’d perhaps find little (or most probably nothing, to complain about) even if you were the best of car critics walking around! However, what the car lacks is a comfortable backseat ride, as the suspension is on the firmer side making the rear seat occupants aware of every little undulation on the road.

Although the vehicle is still under warranty and no major costs have been incurred on maintenance, I do feel that the vehicle will be pretty cheap to maintain even in the long run. For those who want a perfect combination of performance and mind-blowing efficiency, the Ford Fiesta (diesel) is the car to go for! So think no more, for here is the perfect blend of style & affordability – all as the Fiesta diesel!

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Source :
IIPM Editorial, 2008

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
The Sunday Indian - India's Greatest News weekly
IIPM, ADMISSIONS FOR NEW DELHI & GURGAON BRANCHES
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ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Tuesday, March 25, 2008

Of alcoholic duties and drunken aspirations

India Of alcoholic duties and drunken aspirationscuts duties; more fun to follow “Wine is constant proof that God loves us and loves to see us happy” – said Benjamin Franklin. The Indian government seems to have taken the quote too seriously and is ready to make the overseas liquor industry and Indian importers happy. It has done away with the Additional Customs Duty (ACD) and at the same time increased the basic customs tariff on wine from 100% to 150%. While speaking to 4Ps B&M, Subhash Arora, President, Delhi Wine Club states, “The prices would definitely come down. While low-end wine prices are expected to come down by 10-30%, the better ones would notice a hike of 5-10%.”

Earlier, the ACD on liquor (which includes whisky, rum, gin, brandy and vodka) made the total import duty a whopping 550%. The government’s decision solicited optimism (guarded to an extent) from the EU, US and the foreign Scotch Whisky Association (SWA), as they had petitioned against India in WTO against such high duties. So was the decision taken under pressure? “It is a fact that the government has taken this decision to withdraw ACD due to pressure from exporters, particularly the Scotch Whisky Association, since they had petitioned the WTO against this additional customs duty,” opines V. N. Raina, Director General, All India Distillers’ Association (AIDA).

With the prices of low-end wines coming down, there would not be much difference with the prices of domestic wines, thus becoming an area of concern for Indian wine producers. The only solution (for them) could be lobbying individual states to impose higher duties on imported liquor. “If they do so, then EU and US would continue to fight in the WTO,” says Arora. But does that mean those good old days of protectionism are passe? Raina shares, “The domestic liquor industry does need protection because of lower custom duties.” It’s quite ironic that in a country that keeps cribbing about lack of resources in health, education, employment generation, one is even thinking about reducing duties on liquor. Well, perhaps liquor, and the Scotch Whisky Association are more important than India’s poor!

Edit bureau: Sreoshi Ghose

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Source :
IIPM Editorial, 2008

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
The Sunday Indian - India's Greatest News weekly
IIPM, ADMISSIONS FOR NEW DELHI & GURGAON BRANCHES
IIPM, GURGAON
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
IIPM Economy Review

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

Thursday, March 6, 2008

Slick as silk!


ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...

Notings of an evergreen time traveller...

An Shadow of the Silk Road : COLIN THUBRONage-old adage contrasts man with other beings and deems him superior for his sheer determination to explore. However life, as it is, in over-crowded dens of modern culture, the very purpose seems defeated, save for the likes of Colin Thubron, the hitchhiker adventurer in his sixties – when men half his age prefer guided tours at over-rated tourist hotels, sipping ‘bluelagoons’ next to ‘shallow’ pool sides.

Whereas what Thubron prefers are vast stretches of uninhabited countryside. His travels are oft en delusionary, giving them a certain rich texture, imbibing within those thoughtful and sometimes erratic words, the very essence of that place – its people, their past, their present et al.

Following that particular lead, Thubron’s Shadow of the Silk Road, is not a regular book; it is a journey, a travel dismissing usual post-card landscaping into an illusion, a follow-your-heart adventure giving glimpses of history, world cultures replete with tiny doses of regional politics. All this and more can only be expected of someone who lives on escapades, somebody like Thubron, a seasoned traveller who makes merry with the locals and not by the stereotyped set of the so called Western culture-hunters armed with fancy cameras and anti-malarial pills.

Thubron, for that matter, does not carry a camera. He relies on memories. He does not compare scenery, instead he compares experience. Of the roughly 11,000 kilometres of the Silk Route, which he travels in a span of two years from Xian in China to the Turkish coastal city of Antioch, he transcends readers into the famous historical passage, a passage at best “a shifting fretwork of arteries and veins, laid (from Xian) to the Mediterranean.” The name in itself, coined by German geographer Ferdinand von Richthofen in 1877, is proof enough of its historical importance dating back to 1,500 B.C.. And since then, this road spread across Central and South Asia, connected China and its inventions with the rest of Asia. Thus from printing to the crossbow, from gunpowder to the mechanical clock, the spinning wheel, iron chain suspension bridges and deep-drilling techniques, have all travelled this route in the golden days.

While on the front, a travelogue, in real terms, Shadows… is a difficult book to categorise. With Thubron’s eye for the keenest of details and an eagle’s view on present days and past ways, Thubron’s writings, if unknowingly, provide for an intimate parallel in various ways of trade and commerce throughout its existence. The book covers something as relevant in today’s day and age, such as trade between varying cultures and its subsequent impact on local tribes, which even then was side-lined.

Of his travels that can be summarized within the scope of Shadows... – if dissected – it provides a start too, to many keen on pursuing detailed studies. Like trade, which on this route is described as more of a relay race than a start to finish sprint, to the human mind ready to explore, Thubron’s reflections including those on the fall of the erstwhile Soviet Union and the rise of China as an economic elephant, can endow one with enough insight to set out to quench his or her thirst for more on these issues.

However, at its core, Colin Thubron is an enlightened traveller with an appetite for adventure. “A hundred reasons clamour for your going. You go to touch on human identities, to people an empty map. You have a notion that this is the world’s heart. You go to encounter the protean shapes of faith. You go because you are still young and crave excitement, the crunch of your boots in the dust; you go because you are old and need to understand something before it’s too late. You go to see what will happen.” However, at its core, Colin Thubron is an enlightened traveller with an appetite for adventure. “A hundred reasons clamour for your going. You go to touch on human identities, to people an empty map. You have a notion that this is the world’s heart. You go to encounter the protean shapes of faith. You go because you are still young and crave excitement, the crunch of your boots in the dust; you go because you are old and need to understand something before it’s too late. You go to see what will happen.”

Edit bureau: Shashank Shekhar
Book Extract
“We walk for a minute longer under the eaves of the temple. Then suddenly, the quiet is shattered by the stutter of power-drills and the groan of dump-trucks. ‘They’re building the new temple,’ she says. ‘For celebrations and conferences. This one’s too small. The new one will hold five thousand people.’

Later, I peer down from the hillside on the building site where it will be. I imagine the stressless, unchanging temple-pavilions of China rising from their wan granite. This place, Huangling, is only a hundred miles north of modern Xian, but is lost deep in another time of erosion and poverty. Who will come?

But the whole site is resurrecting as a national shrine, and already the older temple is filled with the memorial stelae of China’s statesmen offering homage to ‘the father of the nation’. Here is the stone calligraphy of Sun Yatsen from 1912, and of Chiang Kaishek, predictably coarse; of Mao Zedong...”

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Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wednesday, February 20, 2008

Blah-Blah!


Time for Awards at IIPM

A bare necessity to bare-all!
Catherine Zeta JonesCatherine Zeta Jones is more than willing to shed it, all for the big screen, but on one basic condition – a justifiable role! If you thought that’s a simple demand, think again! The 37-year-old Welsh beauty who starred in The Mask of Zorro doesn’t find nudity a big issue but she isn’t about to drop her clothes for any run-of-the-mill role! At the same time, she likes her roles to be the ‘normal characters’ rather than the glam-queen types. So, while the directors scratch their heads inventing ‘the’ role, you Jones’ fans will just have to sit tight!

“One cup of tea, Kylie!”
A person Kylie Minogueattired in the customary uniform of a waitress in a five star hotel should obviously be a waitress and not the hot pop star Kylie Minogue, right? Donning a waitress uniform for a short span of time might seem like a sexy idea, but it can also put you in tight spots as Kylie Minogue recently learnt when working for a BBC1 show. An unsuspecting aged lady mistook the singer who was posing as an attendant in a restaurant on Titanic for an actual one, and placed an order for a cup of tea! Talk about an identity crisis!

False assumptions!
No one Scarlett Johanssoncan ever question Scarlett Johansson’s sensuality that has enthralled millions of fans world-wide. So when news of the ravishing Hollywood beauty’s possible role as popular porn star, Jenna Jameson, in her adapted biography reached people’s ears, everyone was absolutely ecstatic! As the media went on a rather predictable over-drive, Jameson herself, also confirmed the news. Scarlett on the other hand was not too pleased by the rumours and flatly denied her involvement in any such project. Wonder if she heard the sound of millions of hearts shattering at that piece of news?

Usher’s hush-hush affair
Celebrity Usherweddings always become the talk of the town and are known to be glamorous and even dramatic at times. So when Usher’s wedding with Tameka Foster was mysteriously called off just two hours before the event without any plausible excuse stated, it didn’t stop the tongues from wagging. While the pointing- fingers-at-each-other session moved back and forth between Usher’s mom, Tameka and Usher, Tameka finally broke the silence and dismissed all the assumptions as being untrue, but still left us without stating the actual cause! It’s back to the drawing board folks!

India’s Wonder Woman!
Ever since Priyanka ChopraKrrish, it seems that Priyanka Chopra has taken a liking to action roles. For instance, her next film Drona sees her showing off some classic action moves for her role of a bodyguard to Big B junior – Abhishek Bachchan. One would think that it were the WesternLara Croft flicks that triggered the idea for the role but on the contrary, Priyanka claims her character originates from Indian mythology. She’s even picked up a couple of moves for her role from Gatka – a Sikh form of martial art. So get ready guys, for it’salmost show time!

The sexiest of them all!
When itCelina Jaitly comes to sex appeal, the Bollywood industry doesn’t seem to fall short of names. And to spare a lot of chaos and bloodshed in efforts to decide who’s the best, a poll was conducted that proclaimed Celina Jaitly at the top of Bollywood’s ‘sexiest’ pole. So what is Celina’s secret that puts her ahead of other sex symbols like Mallika Sherawat and Koena Mitra? Here’s the equation – a whole lot of attitude to go with her good looks and amazing figure = The X Factor!

Drooling over being dad
There’s Vivek Oberoia kid in every one of us and an even bigger one in Vivek Oberoi. At least, that’s Vivek’s explanation as to why he’s not taking any steps to have some kids of his own! But that doesn’t stop Vivek from yapping about the dream family that he’ll some day have, replete with absolutely “badmaash” kids. To make his fatherly ambitions come true, Vivek’s first looking out for the ‘right’ woman to come his way. One step at a time does it boy!

Compiled by: Aveena Lopes

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Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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IIPM :- Cicero's Challenge is going global
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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Thursday, February 7, 2008

It is time to smash some myths about the Indo-US nuclear deal & the media attention

The Sunday Indian - India's Greatest News weekly

TheIt is time to smash some myths about the Indo-US nuclear deal & the media attention same holds true for hydro power. India has enormous potential to harness its rivers to generate electricity. Once again, thanks to state apathy towards poor people displaced by dams and the noisy and media friendly ‘green’ brigade, the very mention of dams has become politically incorrect in the country. The funny thing is, all the major nations of the world, including China, the US, France, Germany and Russia have already built the dams and are now preaching environmentalism! Then again, there are non-conventional sources of energy that hold promise. If half the cars in Brazil can run on ethanol, surely India with its huge potential for sugarcane and molasses and corn can do something similar? And don’t forget the fact that nuclear plants can be terribly destructive of the environment!

The second big myth is about Uncle Sam and how it is a great friend and ally of India. If you read newspapers now, you might be fooled into thinking that India can have no greater friend and ally than the United States of America. That’s where commentators seem to be exercising the option of ‘eyes closed’ instead of ‘eyes open’. For most part of India’s journey as an independent nation state since 1947, the United States has not been a friend. At the best of times, it has been an estranged democracy. At the worst of times, it has been downright hostile to India.

A few historical facts need to be enumerated here to set the record straight. Since 1948, when Pakistan invaded Kashmir, the United States has consistently supported Pakistan in the dispute. Since 1947, it is the United States that has supplied Pakistan with the tanks, aircraft and guns that military dictators of Pakistan ave used to wage war against India. In 1971, when millions of East Pakistanis were being butchered by its own army, the United States not only openly supported Pakistan, but also militarily threatened India! Since 1974, when India conducted its first nuclear test, the United States has practiced a technology ‘apartheid’ regime against India. India has been battered, bloodied and bruised by terrorism since the 1980s-first for the cause of Khalistan and then in the garb of Islamic jehad in Kashmir. The whole world knows that the terrorists who strike India with impunity are financed, armed, aided, abetted and encouraged by Pakistan. Yet, till 19 hijackers changed the course of history and crashed two planes into the twin towers during what is now known as 9/11, American officials used to contemptuously ignore repeated complaints by India that Pakistan is behind cross border terrorism. During the 1990s, when the Soviet Union (A traditional ally of India) disintegrated, the United States forced Russia to cancel a cryogenic deal with India that would helped the country’s missile and space programs immensely. After 1998, when India went in for the second round of nuclear tests, the United States virtually blacklisted India. The funny thing is, recent disclosures of official documents in the United States reveal that Uncle Sam was well aware of the clandestine nuclear bonhomie between China and India and chose to close its eyes to such a flagrant case of nuclear proliferation. Even funnier, Uncle Sam was ready and willing to strike a deal with the Taliban regime of Afghanistan! Till 9/11 happened, that is! Though there is much more that can be told about America’s so called love for India since 1947, the few facts mentioned above should be enough to dispel the myth that America has always had the best interests of India.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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IIPM Mumbai Parables - Stories that change life
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IIPM, GURGAON
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
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The Business of B-School Rankings & The Big Farce

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

Thursday, January 24, 2008

Panacea or placebo?


IIPM International Student Exchange Programme

In an exclusive chat with B&E, Union Minister Ram Vilas Paswan spoke about the need to help the poor with affordable medicines

What has been your three year old government’s progress on reducing the prices of ‘life saving drugs’ (LSDs)?
Our ministry Ram Vilas Paswan, Union Minister Chemicals & Fertilizershad prepared a draft Pharmaceutical Policy in 2006. We made the companies to agree upon reducing the prices of a total of 886 drugs. I am in full agreement with you that we did talk about lowering the prices of LSDs, and we have not forgotten that promise. Although in this list composed of 886 drugs, majority are generic medicines, but that does not mean that we have not tried to reduce the prices of LSDs. My recommendations are already placed to the Group of Ministers (GoM) and now the final decision depends upon them.

Where is the hitch?
As I have told you, the ball is in the court of GoM. I have written two letters to the Chairman of the Group Sharad Pawarji, requesting him to expedite the matter.

We are a signatory to WTO. How do you propose to impose price control on MNCs?
What to talk about the MNCs, we don’t even intend to impose any conditions on the domestic companies. The price of a drug is decided by the companies, we only advise them to reduce their profit margins. We are in the process of devising a way which is a win-win for both the companies as well as the consumers. The medicine prices are determined by the NPPA. Earlier, the pharmaceutical companies were allowed to set a profit margin within 100% of their total production cost. We have increased this limit to 150%. We have also granted another 50% margin for those engaged in R&D. Furthermore, medicines priced below Rs.3 have been kept out of the price control mechanism. What I fail to understand is that how does one not make a profit on a drug. A strip of 10 tablets of Cetirizine are produced at a rate of Rs.1.20 and it is sold at an exorbitant rate of Rs.36. I will not permit such loot.

Past history suggests that the companies have always found a way out to circumvent the price control.
First of all, nothing of this sort is going to happen now. The companies are only indulging in mere rhetoric. If the companies ever dare to defy, the government will not be afraid of taking them on. Earlier, the government had brought bulk drugs under price control, this time we have brought formulations under the ambit of control mechanism. Our aim is to destroy monopolies. We have promised to provide relief to the poor and at all costs we will fulfil our promise of providing affordable medicines to the downtrodden. depends .

Is it not better to first ensure domestic growth rather than trying to compel MNCs to toe our line.
We are bringing those companies under some control, which have a turnover of over Rs.4 crores, and market share of 90% and more. We need to pace up our growth but this does not mean that till the time we achieve adequate growth, we can let the poor to be squeezed.

Companies complain that your policy would adversely affect growth of the industry.
The countries they are talking about have a medical insurance policy for every individual. I have insurance cover provided by Parliament which meets my medical expenses. The majority in our country is composed of working class and not Ram Vilas Paswans. These companies are making noise because they have got into a habit of making obscene profits.

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Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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IIPM Mumbai Parables - Stories that change life
IIPM, ADMISSIONS FOR NEW DELHI & GURGAON BRANCHES
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ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
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STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce

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

Friday, January 18, 2008

Three years, a dream & a partner!


IIPM, ADMISSIONS FOR NEW DELHI & GURGAON BRANCHES

Going by the contemporary, it looks like Posco’s wait was worth it...

The next Going by the contemporary, it looks like Posco’s wait was worth it... time you want to learn about a foreigner who loved India since his first visit, look at Posco without wasting a glance... for the world’s fourth largest steel producer, is still around – three long & arduous years after its first visit in August 2004! And for a reason of course!

And after its much touted issues in Orissa during early 2007, there finally seems to be good news surfacing for the steel giant. We’re referring to its strategic tie-up with India’s largest steel maker, Steel Authority of India Ltd. (SAIL) announced on August 16, 2007. So the question – will the wait actually pay off ?

Soung Sik Cho, Senior VP & member of Posco board sounded positive as he elaborated on the logic behind the deal as, “We have signed an MoU with SAIL to synergise the strengths of both the companies together in the area of strategic planning, raw material purchase, exchange of technical know-how and business innovation & joint usage of each other’s existing marketing & warehousing network.” And though the Korean also has of late been forced to cut down its manpower & postpone its project start-date to December 2007, its $12 billion dream steel project in India may yet be realized three long years later!

However, the arrangement appears to be a win-win situation for both, as even SAIL would piggy-back on Posco’s supreme technical know-how in steel production and extensive global network as Hitesh Agrawal, VP-Research, Angel Broking agreed, “The joint usage of each other’s expertise and resources is definitely going to act as a major booster for both the companies in midst of global consolidation in the steel industry.”

So while its India entry strategy serves dual purposes of being a countermove to the growing influence of Arcelor- Mittal and a means to boost its dropping steel production (which fell by 1.61% to 30.05 million tonnes in 2006), one aspect is for sure – Arcelor- Mittal will surely not have it easy in India atleast!

Edit bureau : Manish Pandey

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
IIPM International Student Exchange Programme
IIPM, GURGAON
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
Time for Awards at IIPM
STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...

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

Tuesday, January 8, 2008

Get going...

…with tryst with prosperity...

TheNeed to balance the economical disparity remains of 36 year long civil war, which ended almost a decade ago, still haunts Guatemala. Even after the peaceful agreement which paused the internal armed conflict that claimed not less than 200,000 indigenous lives, Guatemala still tussles with internal stability & remain as a fragile state. Failing to bring about peace in the nation, clubbed with two shocking events that took place during 2005, leaves this country in a state of anarchy & chaos. One was that of finding documents which evidenced controversial records of the 36-yearcounter- insurgency. The other one was massive mudslides which destroyed lives of indigenous communities. Government has failed to curtail widespread crime (claiming 5,885 lives in 2006 alone) which is eventually manifesting in the weak judiciary system & ongoing impunity. The situation gets worse in case of women (1,877 women were raped, tortured & killed in 2005) wherein most of the cases go unreported and then ignored. On economic front, Guatemala is growing, even though social & economic disparities are areas of concern.

It’s now or never situation for this country wherein the policy makers need to set priority & get going with the tryst with prosperity...!

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Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
Time for Awards at IIPM
STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...

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

It’s now or never for Cambodia


ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...

Cambodia needs to change its tainted image...

Inspite Cambodia needs to change its tainted image...of all the attempts to bury the haunting past of the late 1990s turmoil, the reminiscent of social tensions still plague this nation. For the ordinary Cambodians, civil torture, excessive detention & political violence are still norms rather than exceptions in life. Add to these, discrimination, trafficking & the commercial exploitation of women & children & the plate becomes full. The constitutional shields notwithstanding, child labour is a common issue in the flesh trade industry. Corroborating this with the fact that more than 15% of estimated 50,000 prostitutes are adolescents & are aged between 9 to 15 years. The government has also consistently failed to eradicate political intervention & corruption in judiciary results in rise of extrajudicial institutions. Even after international assistance in preparation of civil code, there seems very little political will to enact them. The deeprooted political bias & prevalent corruption naturally has its ramification on the society. Corruption seems to be the way of life in all spheres which largely impedes the economy by draining out almost 10% of the GDP. Foreign investors are continuously looking for opportunity of trade in natural resources & investment in industries but then the prolonged regional economic crisis & political backbiting has made sure that foreign investments remain stagnant. Even in absence of turmoil in some regions, the poor management of resources has created structural hindrances to the overall growth. Even though the era of Cambodia’s violent dictator Pol Pot & his Khmer Rouge regime is a thing of the past, its after effect on Cambodian society seem to be never ending! But this nation has to realise that it is their golden opportunity to make a mark in the world & erase the negative image that Pol Pot & Khmer Rouge has created.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
Time for Awards at IIPM
STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...

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

Wednesday, January 2, 2008

Airy moves by Northwest?

The Airy moves by Northwest?union on behalf of the pilots at Northwest Airlines Corp. agreed to a deal that seeks to avoid late-month prickles in the airline’s flight cancellations such as those seen in June & July this year. The agreement makes contractual changes on quite a few work rules pertaining to international flying & settles an outstanding complaint. In exchange, Northwest will restore premium pay of 50% for all pilots flying more than 80 hours a month. The airline said the deal was “economically neutral” with the premium- pay costs counterbalanced by the work rule changes & the grievance settlement.

For Complete IIPM Article, Click on IIPM Article
Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
IIPM Economy Review
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOS...IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
Time for Awards at IIPM
STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
HRIC :- Human Resource Intelligence Cell
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...

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