Can we allow an endangered species to succumb to political rhetoric

IIPM PUBLICATION
Politicians and promises. Howevermany number of times you may have cracked up at the amnesic unattainability of the latter by the former, you’ll now fervently wish it possessed some element of actuality, if only for the sake of some soft -haired, shy antelopes. For, along with the drive to mobilise more “agencies for urban employment generation programs” in J&K is being touted a frighteningly preposterous prospect of lifting the ban on the literal died-in-the-wool Frankenstein of a fabric, shahtoosh.

Whether in a fit of rhetoric-rush or a grossly miscalculated measure to map the favour of minority vote banks, Peoples Democratic Party (PDP) president Mehbooba Mufti declared that the sanctions on shahtoosh had only served to render the weaver class resourceless, and thus be emoved. The suggestion, obviously, was ade with little regard for the non-voter dwellers of the high-altitude (14,000 to 18,000 ft ) terrains of Tibet, China and India the Chiru or the Tibetan Antelope.

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Source : IIPM Editorial, 2006

Dean of IIPM :- Professor Arindam Chaudhuri (Renowned Management Guru and Economist)

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

…NEITHER DOES GROWTH

IIPM MANAGEMENT INSTITUTE
As a consequence, there is a very high probability that the Indian banking sector will be seeing an upsurge in defaults. Ajit Dange, Assistant Vice President (Research), UTI Securities comments, “The banking sector will see an uptick in the loan default rates as the weaker companies in each industry will not be able to withstand competition and increased margin pressures.” Furthermore, the ill effects of this development on the economy could take the form of a growth hampering credit tightening by the central bank. Risk weights are being increased by RBI for different risk prone sectors; and the current deterioration in the credit quality might just exacerbate this process. Even the cost of credit might go up, which is discouraging for the Indian corporate houses and their creditdriven expansion plans. As Dange further comments “These steps (discussed above) will reduce the credit flow to the corporate sector... The cost of credit will also increase further.”

Bank credit to corporate sector almost doubled to Rs.1,221.65 billion in 2006 from Rs.620 billion in 2005. The greed of bulk fund requirements by corporates has enticed banks, which are willing to part with their funds even at lower interest rates and some are even ready to compromise on pre-credit sanctions appraisal, so as to gain quick market share, which in turn is a direct outcome of fierce competition in the sector.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Straw’s ‘veiled’ comments are pure balderdash with political overtones

IIPM PUBLICATION
Recently, the British Foreign Minister Jack Straw made a bold declaration saying, “Veil is a symbol of separation.” What may be his intentions? Does he intend getting closer to the mysterious Muslim girls behind the veil or is it a political onslaught to demonise Muslims? When the foreign minister of a major global power evinces interest in the sartorial preferences of a particular community, one needs to imperatively read ‘between the lines’.

Tony Blair and Jack Straw are facing the public’s ire for conducting an illegal war in Iraq. With the security situation going out of control, Blair could not let the Iraq story hog the headlines. The ageold political ploy: Divert the attention of people. Don’t let people listen to the mayhem in Iraq. Fill the tabloids with hostile stories against Muslims, track Asian teachers and students in universities and make the community feel like a pariah. Prevent the majority community to empathise with Iraqi victims. Truly, Blair is creating dangerous divisions within his society and fuelling the clash of civilizations. Suhail Ahmed, a UK-based journalist, says, “To avoid confrontation, such proposals should come from Muslim leadership.”

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

How do you explain the HP mess? (Edward Yingling, Phoenix,Ariz.)

IIPM MANAGEMENT INSTITUTE
First, by observing that organizational crises often seem to make smart and sensible people do foolish things, like panic and point fingers. That said, who did what wrong at HP still remains unknown. Perhaps, as the fog of war lifts, people will eventually understand which individuals ultimately are responsible for this unfortunate episode.

Lost in the current intrigue, though, is the fact that the HP mess once again confirms (for us, that is!) that governance “experts” have it wrong in their argument for the separation of CEO & chairman. Indeed, some self-designated watchdog groups rating corporate boards assign multiple goodie points for such a split. And yet, HP proves how damaging this split can be. The reason is that all companies, no matter what their size or industry, operate best with managerial clarity – when people know which way the company’s going and who’s the leader. At HP, employees should have had one boss in CEO Mark Hurd. A respected industry veteran, Hurd had his strategic goals and a team motivated to deliver them.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Jolie good times!

IIPM PUBLICATION
After a good vacation with family, Angie has not only come back with A Mighty Heart, but is also to be gracing the cover of Vogue soon. Reportedly, Jolie’s sexiest pictures till date, the UN Goodwill Ambassador sure knows what’s good for her fans!

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)