MISSING THE KODAK MOMENT… IIPM

IIPM PUBLICATION

We were starting out to make photography an everyday affair… to make the camera as convenient as the pencil.” This vision of George Eastman resulted in the formation of Kodak in 1888, which went on to become a major player in the photography industry. In the nineties though, Kodak introduced digital cameras, a move that proved its undoing. What Kodak failed to understand was that digital cameras were more complex and required consumers to connect to a computer. It also shift ed focus from its core products – manual cameras. Fuji, on the other hand, attacked Kodak’s core business with price cuts. As the price wars continued, Kodak started faltering. Also, in some critical markets like Japan, it made critical mistakes by entering late. Creditably, Kodak has made an honest effort to mend its ways. For 2005, revenues were up 6% overall and the digital revenue growth was 40%, but the company posted a net loss of $1.36 billion. Inspite of that, according to IDC, Kodak is the number 1 in the US and worldwide number 2 in digital still cameras. The company now looks all set to capture the Kodak Moment….

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Source :- IIPM Editorial, 2006

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IIPM : Strong managers who make tough decisions to cut jobs, provide true job security

IIPM B & E
Few would question the impact that Welch has had on GE’s growth. He was successful in employing the carrot and stick approach to the hilt. Criticism of Welch, on the other hand, has largely been on his handling of people. For starters, Welch undertook large scale layoff s of hundreds of thousands in GE, earning him the sobriquet of Neutron Jack. Apart from that, Welch also faced the wrath of worker unions for his sheer intolerance with employees if his expectations weren’t met. Nevertheless, leading from the front was Welch’s strongest point; and one can definitely learn from his adeptness at aligning people to his vision (with perseverance and passion) and his excellent decision making abilities. Welch continues to be in the public limelight post his retirement from GE, whether it was for accusations on irrationally high retirement perks or for his extra-marital affair with former HBR editor – and current wife – Suzie Wetlaufer, with whom he co-authored the book Winning. Winning indeed, in the corporate and personal sphere continues to be Welch’s blind penchant!....

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Source :- IIPM Editorial, 2006

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IIPM R & P (Chernobyl showed the horrible effects of nuclear power, even when used non-militarily)

Unfortunately, the problem of nuclear arms is still very serious today. Countries that have them – the members of the socalled nuclear club – are in no hurry to get rid of them. On the contrary, they continue to refine their arsenals, while countries without nuclear weapons want them, believing that the nuclear club monopoly is a threat to the world peace. The twentieth anniversary of the Chernobyl catastrophe reminds us that we should not forget the horrible lesson taught to the world in 1986. We should do everything in our power to make all nuclear facilities safe and secure. We should also start seriously working on the production of the alternative sources of energy. The fact that world leaders now increasingly talk about this imperative, suggests that the lesson of Chernobyl is finally being understood….

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Source :- IIPM Editorial, 2006

IIPM R & P (By the people, of the people, for the...)

Even for sceptics, the iconic Aamir Khan’s presence at the Narmada Bachao Aandolan meet, and singer Lucky Ali shouting anti- WTO slogans, was an extremely motivating sight to behold. India is waking up, and not necessarily because of either Rang De Basanti or celebrity branding of public protests. One just hopes the much acclaimed Indian democracy continues to instill into its citizens the need to question wrongs, and to en masse support the right. As we mentioned, one just hopes this continues forever...

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Source :- IIPM Editorial, 2006

The game of war

Business School India

Avner (Eric Bana) – the main lead and ex-Mossad operative – is the leader of a band of five, hired to hunt and assassinate the culprits who terrorized the village during the 1972 Games. Steve (Daniel ‘Bond’ Craig), a vicious avenger, Carl (Ciaran Hinds), a selfpossessed cleaner, Robert (Mathieu Kassovitz), a bomb-specialist and Hans (Hanns Zichler), a master faker form the rest of the club. Avner then takes his crew on a killing spree, eliminating the eleven Palestinian perpetrators. But, as the bodies begin accumulating, so does Avner’s conscience that begins venturing into hallucinatory guilt trips; to the extent that his ability to distinguish between truth and deceit – good and evil – gets warped….

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Source :- IIPM Editorial, 2006

IIPM B&E (Mobile viruses are on the rise and for anti-virus companies it spells money!)

The threat of mobile viruses is as real as is the possibility of Microsoft issuing another security patch by the time you end up reading this article. Read: very high! And now, the Economic Intelligence Unit and Symantec have come out with a survey that shows that rising mobile phone security risk is preventing as many as 60% of companies worldwide from giving their employees high-end smartphones. Despite this scepticism, IDC figures also show that by 2009 the worldwide ‘mobile workforce’ will touch 27.3%. Moreover, Gartner predicts that by 2008, 80% of mobile users will access e-mails wirelessly on their mobile….

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Source :- IIPM Editorial, 2006

David and Goliath

It is a different story that Intel was the first to market the dual core technology and still lost to AMD, as it introduced its processor on Itanium chip, which required users to get new software. The Itanium concept failed and AMD won the battle again. AMD is using its present momentum to capture more corporate clients than Intel. With Opteron, big clients like Sun Microsystems and Hewelett Packard are gladly jumping on AMD’s bandwagon, severely denting Intel’s marketshare. In fact, last year AMD introduced three new chips to compete with its archrival, which gave the company a head start in the server market – a more profitable proposition compared to the PC chip industry. Factually, Intel silicon chips still rule the overall market with roughly 80% share, while AMD has just a teeny-weeny 18% marketshare. But going by gains over the last year, AMD is gaining the competitive edge and may soon strip Intel of its dominant market status….

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Source :- IIPM Editorial, 2006