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Que: I have been working at the same company for the past five years, and recently I’ve noticed that new MBAs are passing me by and moving into management. I assume this is because they’re cheaper for the company. Do you see this as a trend in the corporate world? (Name Withheld, Kenosha, Wis.)

Ans: No. Most companies don’t promote greenhorns just to save a few thousand bucks. They promote people who exude the kind of positive energy, ambition and intelligence that can propel an organization forward. The upward MBA escalator in your company is probably not about corporate economics but is most likely about a downward trend in your career. Without doubt, you’ve hit some kind of a wall. If you don’t find out the reason soon and repair the damage, it won’t be long before you’re passing those ‘bargainbasement’ MBAs on your way out the door. Unfortunately, it could be difficult to get the answers you need.

Clearly, your managers haven’t been candid with you about your performance to this point. Perhaps they expected you to read the writing on the wall and draw your own dire conclusions. Appraisal avoidance shouldn’t happen, but it often does when the news is going to be bad. Your job, then, is to gently initiate some kind of conversation with the boss you’re closest to, even if it is just to obtain a vague sense of what’s going on. But just as important, you need to start pouring energy into getting back on the radar screen. The most effective way to do that, not surprisingly, is to over-deliver. Whatever you’re doing, do it better and faster. Come up with a new concept or process that doesn’t just improve your results, but your unit’s results and the company’s overall performance. Surprise everyone.

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Source : IIPM Editorial, 2006

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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IIPM Press Release :- Where do the dead go?

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A drug once widely used for livestock, it stood banned ever since it inadvertently started taking a toll on the big birds. “More than 99 per cent of the vultures in the country have vanished. They are dying at the rate of 30 to 50 per cent annually. Functionally, they are extinct,” said Dr Jakati, Chief Wildlife Warden, Haryana and Vulture conservationist.

The damage has been done, and the remaining vultures are struggling to dispose off the body count that is piling up at an alarming rate. Some Parsis are left aghast at the decrepit condition of their late relatives, while the purists are demanding that this generation-old ritual not be done away. The tug of war has thrown up a strangely probable solution; massive solar reflectors that use the power of the sun to keep the lamp of tradition burning. But come monsoons, and the rain gods shower alternate plans. Between the devil and the deep blue sea, they face Hobson’s choice.

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Source : IIPM Editorial, 2006

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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...that propelled a small retail initiative to the coveted spot of becoming the largest retailer!

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If you’re looking for inspiration, here’s the man – Sam Walton! He started-off from merely franchising a Ben Franklin’s variety store in Arkansas and has today created a $200 billion worth giant called Wal-Mart.

Earning profits through volume- play became their prime philosophy. In 1962, the first Wal-Mart store was opened in Arkansas which was followed by a further opening-up of 15 stores. Its expansion strategy of penetrating only small towns with less than 10,000 people paid-off and accelerated its growth.

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Source : IIPM Editorial, 2006

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

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Name one business they’re in...

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Besides these, the group has also forayed into sectors like ITeS, health, telecom, hardware & cement. Yes, but even this diversified business group is nothing but an entity that has failed to thrive post-liberalisation, lady luck and vision both seem to have abandoned this company and the overall Dalmia empire withered away from public gaze. Sanjay’s move to buy UP Cement Corporation from Mulayam Singh’s government in 1991, proved wrong as the succeeding Kalyan Singh snatched it back the following year. Dalmia sought restoration through politics, rather through business moves, and this in itself proved to be a step too far, as his concentration was diverted from becoming a successful corporate king to a politics ‘rent seeking’ activist! He stayed in active politics till 1998 when his business was nothing but dormant. By the time he returned to business, recession hit, and his group’s annual revenues had dried-up to just Rs.5 billion (1998-99). Furthermore, their ‘PageInfo’ business was rendered obsolete by mobile phones.

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Source : IIPM Editorial, 2006

Initiative :- An IIPM and Management Guru Professor Arindam Chaudhuri (Dean of IIPM)

The Fier(o) Victor

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With over thirty companies under its flagship, the TVS Group is one corporate leviathan that has earned the reverence of one and all. A vision of T.V. Sundaram, in 1911 is now a money minting juggernaut that recently posted a turnover exceeding $ 2.2billion. The company that started off as a small transport business now has over 40,000 employees worldwide and has diversified into twowheelers, automotive components, automotive spares, computer peripherals and financial services. More noteworthy is the two wheeler business i.e. TVS Motors which has over the years raked in the maximum revenues and has become the face of the TVS Group worldwide. The company has risen up meteorically to become the third largest two wheeler manufacturer in India and figures in the top ten globally.

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Source : IIPM Editorial, 2006

Initiative :- An IIPM and Management Guru Professor Arindam Chaudhuri (Dean of IIPM)

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Bollywood ‘Don’ing on ad-land?

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Remakes and sequels might be the flavour of the day, but in-film placements are surely a hit! Try and recall some films released this year and you’d literally marvel at the host of images that pop-up in your head – of a DJ aka Aamir Khan sitting at a dhaba (with walls painted of ‘Coca- Cola’ ads) or of the new age ‘Don’ on a sleek ‘Motorazr’ or even more clearly of a reborn Munnabhai alias Sanjay Dutt wooing his lady love in a ‘WorldSpace’ studio!

As the corporate world gets more and more hinged onto Bollywood, in-film placements, special offers and events around latest releases are becoming more or less a norm. But, some out there are not content with just their product’s screen presence in the film, or with celeb endorsements, they are continuously yearning for more... So the next time you are glued to the idiot box, count the number of ads that have altered their story lines to fit in a few clips or songs of some latest Bollywood flick.

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Source : IIPM Editorial, 2006

Initiative :- An IIPM and Management Guru Professor Arindam Chaudhuri (Dean of IIPM)