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What We Teach Today Other Adopt Tomorrow

Unconditional discussions and solving the political problems is the real solution!


MANAGEMENT GURU 
On the face of it, the donor conference of Western and oil-rich Arab nations in Paris this week merely continues the work of two previous multilateral conferences in 2001 and 2002, aimed at helping Lebanon to rebuild its infrastructure after years of civil war and Israeli occupation and to tackle its massive debt. This time, the donors will additionally help off set the $3.5 billion in direct and indirect losses caused by last summer’s war between Israel and Hezbollah, and the further rise of debt to $40.6 billion a staggering 180% of Lebanon’s GDP. 

The agenda appears straightforward, but ‘Paris III’ has acquired a barely concealed political purpose: to bolster the government of Lebanese Prime Minister Fouad Siniora in the face of a powerful domestic challenge led by Hezbollah, and by extension to curb the influence of Hezbollah’s regional backers, Syria and Iran. The West should tread carefully. There is a real risk that it will become entangled as a partisan actor in Lebanese domestic politics and it should not seek to play into the regional agendas of Saudi Arabia, Egypt, and Jordan – hardly paragons of democracy – which are anxious to confront what they portray as a menacing ‘arc’ of Shi’a Muslim power extending from Iran to Lebanon via Syria, and in Iraq. 

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Source : IIPM Editorial, 2007 

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

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Octogenarian no more...

IIPM PUBLICATION 

Centurion Bank of Punjab (
CBoP) was created by the merger of Centurion Bank and Bank of Punjab in 2005. And this move, most definitely, led to the radical brand perception re-engineering of both brands in the minds of Indian consumers. Though both banks separately have a very old existence, due to the merger creating a totally new corporation, technically, CBoP came smashing into our rankings.

Tracking the genesis of the merger, while Centurion Bank had an established and growing South India based retail assets business, including leadership positions in two-wheeler loans and commercial vehicle loans, Bank of Punjab had a strong retail deposit customer base in North India, besides, a significant SME and agricultural portfolio. So the merger ensured that marketing, operational and geographic synergies combined most effectively. CBoP continues its M&A focus, recently merging again with Lord Krishna Bank (LKB) – a bank with over a hundred branches. CBoP now has 256 branches in its kitty (133 in northern India and 30 in New Delhi itself), an asset base of Rs.159 billion, compared to Rs.101 billion a year ago. As of December, 2006, even the capital adequacy of the bank stood at a robust 12.1%.

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Source : IIPM Editorial, 2007 

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative


Facts that built Omaxe


IIPM BEST MBA INSTITUTE 

Brand :
Omaxe
Headline :Facts that built Omaxe
Baseline : Turning dreams into reality
Agency : NA 

4ps take : After taking a good look at the visual of this ad (the building, mind you, not the tree!), we would have to agree, ‘A picture speaks a thousand words’. Strong communication that brings out the reward to the prospect! The clear-cut strategy of the ad is to lure investors and consumers who are interested in converting their ‘dreams into reality’ – through the real-estate segment, by investing in or buying a house. The communication is bang: On listing the facts, figures, growth and the achievements of the company. A sure-shot Brand building exercise by Omaxe – quite like the way it builds its buildings, or should we say dreams? 

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Source : IIPM Editorial, 2007 

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative 


All roads lead to China


IIPM PUBLICATION 
The hits just keep on rolling out from the land of the dragon. According to a United Nations World Tourism Organisation outlook forecast, China is going to be the world’s top tourist destination by 2020. Already, in 2006, the country – that has amazing tourism destinations like the Great Wall and Forbidden City other than its swanky cities that have almost become like picture-perfect showcases – it became
the world’s fourth most popular tourist place (it overtook Italy that was in the fourth place the year before that). Last year, Beijing alone earned $33.5 billion from tourism revenues. Other than it’s smashing economic growth and overall development, the Beijing Olympics that are to be hosted by China’s capital in 2008, has seen the country further brush up its landscape. And one obvious fallout has been a massive expansion in the tourism sector. Here are some figures that tell the story of the future: between 1978 and 2005, the number of tourists who have visited China has increased an incredible 66 times. The revenues earned from inbound tourism have increased by an even more impressive 111 times (it is currently the sixth-highest tourism revenue earner in the world). This year, the China National Tourism Administration has said, the tourism sector will rake in a huge one trillion yuans (a healthy 10 per cent up from 2006). 

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Source : IIPM Editorial, 2007 

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative


Thanks to US profligacy, the world has had a tough year. And it’s not getting any better


IIPM BEST MBA INSTITUTE 
T
he world survived 2006 without a major economic catastrophe, despite sky-high oil prices and a Middle East spiraling out of control. But the year produced abundant lessons for the global economy, as well as warning signs concerning its future performance.

Unsurprisingly, 2006 brought another resounding rejection of fundamentalist neo-liberal policies, this time by voters in Nicaragua and Ecuador. Meanwhile, in neighboring Venezuela, Hugo Chávez won overwhelming electoral support: at least he had brought some education and healthcare to the poor barrios, which previously had received little of the benefits of the country’s enormous oil wealth. Perhaps most importantly for the world, voters in the United States gave a vote of no confidence to President George W. Bush, who will now be held in check by a Democratic Congress.

When Bush assumed the presidency in 2001, many hoped that he would govern competently from the centre. More pessimistic critics consoled themselves by questioning how much harm a president can do in a few years. We now know the answer: a great deal.  

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Source : IIPM Editorial, 2007

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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