Wal-Mart’s goes on a diet!

IIPM RANKED AHEAD OF FIVE OF THE IIMS

Wal-Mart shareholders have a reason to smile. The world’s largest retailer has decided to trim down its store growth (a move to maintain its traditional focus on low prices) in areas like healthcare and environment. It has gone back on its earlier plans and will scale down the number of earlier announced US Supercenter Store openings this fiscal by more than 25%. This would help the company bring down its portion of expenditure by $1.5 billion in the current fiscal year. Moreover, it would enhance the sales of the stores as well! To cut down the fixed expenditure – Wal-Mart has plans to open 190-200 new Supercenters in the US in 2008, the average number standing at 170 for the coming three years. Wal-Mart had said last year, that it will open 265-270 Supercenters in 2008. However, now, around 80 of the Super centers that were scheduled to open next year will now be set up in 2009. Critics who had attacked the company on varied issues like healthcare to wages to buying from China were dismissed by Wal-Mart executives. Instead, Wal-Mart flaunted a bunch of recent initiatives like its $4 generic drug programme and the expansion of its in-store health clinics and much more.

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 Article, Visit Below....
IIPM going global
On "IIPM - Arindam Chaudhuri - Planman"
IIPM Alliances
Warming up for doomsday?
If you have it, flaunt it
A beach resort… Come for a month, at least
IIPM ABOUT :- IIPM KNOWLEDGE CENTER
Money for nothing...
Topic: India – China: A Growth Comparison
Who says US is on the brink of a recession?...
Thanda karta sabko ek
IIPM Infrastructure : Campus

Going going . . .gone?!

IIPM PUBLICATION

Exasperated with greenhouse emissions beyond human control, scientists prescribe another 15 - 25 years before we face drastic shifts in climate patterns. Resources have been exploited to the ‘t’ while alternatives are still at nascent stages. Under such circumstances, some areas pose a major threat to our future. Here’s a rundown on the most potent of all. . .

Fish n’ chips, a legend!
Man’s greed has forever got the better of him, so it’s hardly astounding that despite knowing awfully well the after effects of hurting perhaps the most imperative of all creatures summing the aquatic food-systems, in those gigantic killer-trawlers, they went ahead and killed fishes by the millions of tonnes. With such over-fishing affecting the marine food web with dwindling numbers of turtles, sharks, seabirds and other predators because we take away their source of food – fish! Besides, commercial fishing is also to blame for needlessly eliminating thousands of dolphins, whales, sea turtles and other animals every year on account of their getting trapped in the trawler nets! To add salt to injury, these killer-trawlers have begun to penetrate deeper waters affecting even the deep-sea ecosystems.

Making matters worse are the world’s governments that are actually promoting this mindless plunder. Subsidies to fisheries are pegged at $30-$34 billion annually – approximately 25% of world fishing revenue! Nearly $20 billion are "harmful" subsidies promoting intensified fishing by providing support for boat construction and modernisation, fishing equipment, fuel and other operational costs!

Due to such apathy on our side, 70% of the world's marine fish stocks are fully exploited, over-exploited or depleted. Today, 1/3rd of all fishing stocks worldwide have reduced to 10% of their normal levels, affecting the marine ecosystems and fishermen alike. If not curbed now, such brazen acts, threaten to damage, the aquatic ecosystems beyond repair. To miss out on fish n’ chips or a ‘prawn masala’, the choice is in our hands.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Dance with the wolves in the woods!

IIPM MANAGEMENT INSTITUTE

NGOs need to take the battle directly into the corridors of power

They fight for a clean, green & just India. They act as pressure groups, directing a large part of their ire against the government for its complicity in violating the environment and letting the MNCs exploit India’s natural heritage. The green activists claim to be apolitical but their agenda falls into the category of ‘new Left ’. And this new Left is nothing but a civil society movement, which raises all issues with political connotations but refuses to join the mainstream politics. Social activist & Ramon Magsaysay award winner, Rajendra Singh told B&E, “They can be vehicle for social & political change but not a facilitator. The NGOs as such should refrain from participating in the elections, but those in the vanguard of mass movements must not shy away from joining the political process.” However, Dr. Sunilam (former MLA, Multai, Madhya Pradesh) is an exception. He has enhanced the power of civil society by dovetailing mass movement with active politics. Sharing his experience as a social activist & politician, Dr. Sunilam told B&E, “When I became an MLA, my voice was heard more intently by the CM, as well as it got wider coverage in the media too. Th is helped in more prompt action being taken on the issues brought forth by me.” He added that “as a first step, NGOs should encourage Lok Umeedwaar (public candidate) to stand for elections across the country.”

NGO leaders need to give a serious thought if they really want to be taken seriously and want things to change. They will have to dispel all fears and believe in the power of the people whom they represent rather than relying on celebrities to espouse their cause.

B&E edit bureau: Anil 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