Saturday, November 03, 2012

V.D. Wadhwa (MD & CEO, Timex Group India Ltd)

HR leaders who accomplish these directives are visionaries, innovators, influential and advocates. Every company requires HR professionals who are enthusiastic, have a strong presence among peers, are professionally compatible with top executives, and are down to earth. One expects HR to be a revenue-centric division too. I expect my team to build the organisation’s systems, processes, and methods extremely competitive and would like to see a ‘balanced report card’ on how the organisation attends to employee satisfaction and retention. We are working on a system that identifies high potential talent and potential successors.

For organisations to succeed, CEOs need to exemplify courageous leadership — they must be open to both giving and receiving difficult feedback and must regularly check the pulse of the organisation and act accordingly. HR leaders are expected to provide an independent, balanced perspective, make tough decisions and set clear priorities in an otherwise crowded agenda.

Organisational health is another critical aspect where for a CEO, the HR should be the window to the organisation and act as a sounding board. This helps to ensure we address the right issues and build the right culture.

To reinforce, HR needs to excel and deliver on core business competencies such as: business savvy; strategy development and execution; should have an open and global mindset; maximising organisational capacity; proficiency in organisational design and development; optimising both internal and external resources for influential decision-making; and building positive and collaborative relationships, both internally and externally. Click here to read more...

Read More IIPM Related Articles
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

Labels: , , , , ,

Thursday, December 04, 2008

The UN predicts a major humanitarian catastrophe

Talking to TSI from Kinshasa, Neil Campbell, an expert on DR Congo at the International Crisis Group said: Congo Child"It is not reasonable to look to the UN to defend civilians, considering the immensity of eastern Congo and the range of militant organisations preying on the people. The UN has been wished-for as the body that's all set to fetch democracy and stabilisation to the country, which is fully idealistic."

The 17,000-strong UN Peace Keeping Force in DR Congo – the world's biggest – is already stretched to breaking point. But expectations for instant support from the European Union were scanty, as few member nations agreed to contribute. Worries have developed of a wider war that could heave in Congo's neighbours. The turbulence in eastern Congo has been fuelled by festering hatreds left over from the 1994 Rwandan genocide.....Continue

Labels: , , , , , , ,

Wednesday, December 03, 2008

Will creation of more anti terror organisations save the world?

The SCO was first established by Russia and China and was later joined by some countries of Europe and Asia, but slowly it became a mere platform for Russia and China to dictate their terms to other nations, instead of some becoming an information exchange mechanism. Moreover, the history of many such global security councils shows how effective these are in combating terrorism or extremism. For example, the UN Security Council could have been really proved beneficial in implementing its proposed programmes, but this could have been possible only if powerful nations avoided using veto powers. Russia used its veto power as many as 123 times, the US 82 times, UK 32 times, France 18 times and China has used around six times, since the birth of the Council.

Terrorism has horrendously plagued the world today. Till the time countries won’t stop profiting from acts of terrorism to fulfil their own hidden objectives, till the time Russia would tag Chechnya as a terrorist nation but arm Syria and Iran, knowing very well their motives, creating any number of anti- terror organisations can’t help fight terrorism......Continue


Labels: , , , , , , ,

Friday, September 26, 2008

Will greenback keep the yellow metal in vogue?

Gold is all set for a phenomenal streak of appreciation in the coming times
“So, what would I buy?” I like sugar, cotton and I still recommend accumulating gold, which I expect to continue to outperform equities for several years. Central banks around the world have no other option but to print money and this will lead to a further depreciation in the value ofGreen Back paper money against precious metals. Still, nothing goes up in a straight line and, therefore, investors need to be aware that gold could still correct to around $750 or so. But when we consider the upside potential of gold compared to its downside risk the biggest mistake an investor could make is not to own any gold at all.

In my opinion, the gold bull market will come to an end when Sovereign Wealth Funds - sick and tired of their investments in financial stocks - will finally purchase gold – probably at above $3000 per ounce. It should be very clear that increasingly the US Fed – run by a “money printer” par excellence (since Mr. Bernanke became Fed chairman the price of gold has doubled) - has abandoned targeting inflation when setting its monetary policy and is desperately trying to cure the current credit crisis with the very means that caused the crisis in the first place: excessive monetary and credit growth. Equally, it should be clear that if you increase the supply of paper money while at the same time the supply of precious metals and other commodities, you cannot be increased at the same rate or not at all, the price of paper money – its value - declines relative to the asset where the supply is limited. Hence, the dollar declines versus gold and other commodities and this is likely to continue for as long as the US tries to bail out the system with monetary and fiscal measures.Continue..

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-

Labels: , , ,

Wednesday, May 07, 2008

Can ya do it? Tanya can!

Tanya DUBASH... Packing a powerload in her punches & running Godrej like nobody’s business

Any lesser mortal would have found it tough to lead a business (and that too of the stature of the Godrej Group) at the Tanya DUBASHage of 28 years; but Tanya Dubash, daughter of Adi Godrej, had some different plans.

Today, this dynamite Executive Director of Godrej Consumer Products Ltd (GCPL) has made it to a list of 25 Indians featured amongst global leaders of 2007 by World Economic Forum. Over a period of time, GCPL has developed an impressive portfolio of leading brands like Cinthol, Fairglow, Snuggy and Ezee in soaps, toiletries, health care, baby care and fabric care segments amongst others. Recently, GPCL acquired Keyline Brands Ltd in UK, thus further adding to its broad portfolio of products. However, the journey hasn’t been that easy for Tanya in the presence of global FMCG giants like HLL and Procter & Gamble, but the lady fighter, with her inspirational leadership, has been successful in creating GCPL’s own niché in the market. Such has been the success story of GCPL that Q4 FY2006-07 sales increased by 27% while the net profit went up by 29%. So where lies the future for her? Ensuring that the brand name is not only recognised in India, but is also considered as one of the top ones amongst the global biggies. Well, can she do it? For once, Tania just might...

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Labels: , , , ,

Monday, March 03, 2008

The ‘Grass’ may not always be green, like Günter reveals…

Grass is unapologetic and yet brings out remorse, the genius that he is with words, like an actor displaying exact emotions and feeding his ego as well… if only it weren’t likely to be perceived akin to George Bush mourning over dead Iraqis. Unconvincing as he is on more than one occasion in the narrative, and given the quantum of overwhelming censure his candour has drawn internationally, the Nobel laureate does live up to expectations when it comes to the prose itself. The graphic imagery of his formative years and the times of the war, merit special mention. In his brief tenure as a huckster or an impressionist after the war and his finally coming together with his family, one sees glimpses of the genius that later became a landmark in contemporary literature. For a man convicted of war crimes in the historic judgement of Nuremberg while still teenaged, who today lives an old man having seen eight decades, pungent truth and vitriolic pangs of conscience have undeniably caught pace.

Some just chuckle away this belated integrity as being ‘too late’ while others have lauded it. It is perhaps a matter of perspective that is at play here but what one cannot ignore are hidden, ethical and aesthetic verities screaming from between words, yearning to be heard. Be he, a victim of inner demons far too horrific to surmount or the fabulist that Grass risks relegation to, he chose to stand at a distance and allowed events to be dictated at his discretion. The reader is also at his own discretion…




For complete IIPM article click here
Source:- IIPM Editorial, 2008


IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy
Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies
Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank
The Sunday Indian

Labels: , , , ,

Wednesday, February 27, 2008

Not funny at all

Contra funds, infrastructure funds, core sector funds, India advantage funds, emerging India funds, mid-cap funds... Ouch!!! Funds of all shades & colours have hit the market & Asset Management Companies (AMC) have left no stone unturned to create a hype. Yet, for the uninitiated, The new expansion: NFOs – Non-Flying Objectsthe reality is that the performance of various schemes vis-à-vis benchmarks has been utterly pathetic.

It’s true that the oft en cited Assets Under Management (AUM) figure, used to lure customers into the fold, is by no means a true reflector of the performance of the funds, for it is neither the size nor the sect oral orientation that guarantees better performance. Nevertheless, even the prominently cited AUM figure has seen a drastic dip as compared to initial collections. Many of the schemes have witnessed a staggering 50% drop in their AUM figures since inception.
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Labels: , , , ,

Monday, February 18, 2008

“The exercise showed clear support of people & the clear support of brands.”

If perseverance and passion ever remained a yardstick to judge an employee’s mettle, then Sethi would be outclassing the rest of the herd. For, if it were not for him steering the ship called Reckitt Benckiser, then the company would have surely gone under, at least in the Indian seas. Despite cut-throat competition from HLL, Chander Mohan Sethi, Managing Director, Reckitt Benckiser (India) LimitedP&G and Godrej – all vying for a large portion of the FMCG pie – Reckitt Benckiser showed its mettle to become a prominent consumer goods player in the South Asian markets. However, the company did have its share of troubles. Reckitt Benckiser (India) was de-listed from the bourses in 2003 and it was then that Sethi’s mercurial mettle came to the fore, when the FMCG major underwent a major restructuring exercise and successfully came out of the financial woes. Since then the company has grown at a healthy rate of 10-12%. Ecstatically talking about the restructuring, Sethi says, “The exercise showed clear support of people & the clear support of brands.”

Reckitt Benckiser’s standing as a global enterprise got a boost when it gobbled up Boots Healthcare International in October 2005 for a mind-blowing £1.9 billion. With this acquisition, the company was able to add three more global brands – Sweetex, Strepsils and Clearasil – to its ever expanding kitty. The trio was earlier marketed via a JV between Nicholas Pi-ramal & Boots Healthcare International. Sethi, who is also the group’s Regional Director (South Asia), pointed out that this acquisition further strengthened Reckitt Benckiser’s place in the personal care & healthcare domain. According to a recent report by research firm ACNielsen, Reckitt Benckiser is recording a healthy growth rate of 40% and that too without any major investments. When we quizzed Sethi on Reckitt Benckiser’s entry into the food segment, he was pretty tight-lipped and not at all perturbed that arch rival Godrej Consumer Products Limited (GCPL) had entered into a JV with Hershey earlier this year.

Seems like the company’s strategy is to take its existing brands to a new pedestal in the Indian consumer care mart, before looking at other segments. Divulges Sethi, “Reckitt Benckiser is the number one emerging modern brand in metros”, However, reaching this position was not easy for the company. A number of strategies, media campaigns, advertising et al, has helped the company reach its current position. Time and again, the company has roped in different brand ambassadors to promote its products.

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An
IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Labels: , , , ,

Wednesday, January 09, 2008

Bachchan’s philanthropic act?!

Amitabh Bachchan has relinquished his farmlands in Barabanki in Uttar Pradesh and Pune, which saw him getting involved in many controversies over past few months. Bachchan communicated his intent through a letter, expressing his desire to donate the Barabanki lands to the Gram Sabha and the Pune land to the original owners. Bachchan was accused of acquiring the Barabanki land through fraudulent means so that he can get the status of a farmer which was mandatory to safeguard his land in Pune. Meanwhile, another controversy regarding alleged violation of Foreign Exchange Management Act (FEMA) by Bachchan (which is being probed by the Enforcement Directorate (ED) and the Union of India) is waiting in the wings.
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Labels: , , ,

Friday, November 16, 2007

This must be the umpteenth time that we’re using James Bond in our articles...

Though in the case of Amaranth it was the abrupt reverse trend in natural gas prices, in the case of Bear Sterns, it was the sub-prime lending that played the spoilsport. According to the Bank for International Settlement (BIS), sub-prime mortgages made up more than half of the $503 billion in collateralised debt obligations sold in 2006, but another $524 billion in ‘synthetic’ CDOs (if the CDO acquires primarily synthetic assets by selling protection rather than buying assets for cash, it is a synthetic CDO) were also issued. Bear Sterns was required to pump in $3.2 billion in one its funds to bail out the funds, the biggest bailout since hedge fund Long Term Capital Management (LTCM) collapsed in late 90s.
For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Read more:-

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National IIPM in Media India Today & Tomorrow

Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

Labels: , , , ,