KHATTA MEETHA: Unpalatable!

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TSI Five-O: Neither khatta nor meetha, it's just tasteless!

When the highlight of the movie is the interval or an interesting remark from the back row of the movie hall, it's not that difficult to guess how the movie would be. From the house of Priyadarshan, this is probably the most horrendous of his creations ever. After having directed the same story in Malayalam more than two decades ago, Priyadarshan had the audacity to subject his viewers to a two hour forty minute long saga, which is clearly a broth spoiled by too many cooks (read issues/stories). And not only that, a relatively fine actor, Akshay, after having becoming accustomed to bearing the brunt of flop movies, has even produced this rather obvious flop. The movie unfortunately revolves around Sachin Tichkule (Akshay Kumar), who is an unsuccessful road contractor caught amidst bureaucracy, corruption, long lost love, family issues, loans, liabilities and debts and on top of it is pestered by political ties. How so many issues get minimal screen time with or without Akshay, do not make for an interesting turn of events, but you'll have to see them if you're reviewing 'Khatta Meetha' too! Trisha Krishnan too blotches-up her Bollywood debut and is a huge disappointment as far as on-screen chemistry with Akshay is concerned. At one point you might feel that even the music has let you down, but then the saving grace is one song, which can be labelled as a sweet melody. The rest of it is OMG!

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FACTORY SYSTEM: SUICIDES

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Deadly workplace...
The plight of migrant laborers world over is no secret anymore

'The development of China as a world factory is a fundamental reason causing these suicidal cases', remarked Pun Ngai, an Associate Professor of Sociology at Hong Kong's Polytechnic University, in the aftermath of spate of suicides that has claimed nine lives so far this year at Foxconn electronic plant near the sprawling city of Shenzhen in southern China. This has surely exposed the dirty linen of China's factory system, regarding which nine professors of social science wrote an open letter to Foxconn questioning the very sustainability of China's pivotal position as the workshop of the world. This is not a case in isolation. Yue Yuen Industrial Holdings, the largest sports and casual shoe maker in the world, had a rash of four suicides between July and October 2008. 'China Labor Watch' has identified more than 80 cases of suicides in Pearl Harbor Delta of China in last 10 years.

Over the last 30 years, China's internal mobility and consequently their plight has risen manifold with 200 million migrants leaving their home in search of better life. To a large extent, the country dependson these cheap labourers to counterfeit an export-oriented style world factory, which stimulated double digit growth rate for the economy. But in the bargain, basic human rights of these hapless labourers been ignored; they were paid a wage that was below the average of Third World countries; and made it impossible for them to live in cities as they could not encounter the problems of housing, their children's education and healthcare, and other survival necessitates. The use of cheap labour has been a strategic choice for China in the first period of its reforms ' was not without its own weaknesses ' as low wage growth depressed the purchasing power and consequently consumer demand that restricted the sustainable growth of the country. This kind of development model, at least today, is bound to repeat Foxconn like tragedies; as unlike their parent's generation today's urban laborers cannot return home to be peasants again.

Not only in China, this kind of misfortune takes place even in developed country with strong labour laws like in France as well! In France Telecom, one of the largest companies in telecom sector, 34 employees committed suicide between January 2008 and January 2010, blaming it on stress and desolation at work. France Telecom's suicide rate is 15.3 per 1,00,000 per year, more than national average of 14.7. The suicide rates of expatriate workers are always high in Gulf States like Bahrain, but the latest figures available for 2008 shows an alarming rise that has goaded a nationwide action to help the endured. Most suicides are by poor labourers ' 131 of them have committed suicides in Bahrain alone in 2008 ' often because of miserable working conditions and low pay. In Kuwait, the situation is no better, as official rate of suicides by migrant workers is one in every two days! In the month of April alone 12 cases of suicides has been reported there. Therefore, laborer's dignity and means are at stake in many parts of the world, and like economic development social development and social fairness should strike the right chord at the right time.


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

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ASUS G51 & G60

Technical Specifications :
3D Audio
16-inch screen
‘Mecha’ design

The gaming glee: Cogging towards gaming and a futuristic robot-inspired ‘mecha’ design, ASUS’ G51 & G60 notebooks are designed to capture the gaming frenzy with the use of gamer-centric interface elements. The 16-inch widescreen notebook envelopes a 3D audio and a powerful combination of extreme graphics. With its impeccable gaming performance this one is sure a looker in 2010.

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Source : IIPM Editorial, 2010.

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

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Social Networking Sites have become advertising shops

The runaway growth in motorbike sales over the last few years in India has a niche player hungering for a larger share of the pie. By Pawan Chabra

They never cared two hoots about competition, did not encourage scantily clad babes in their ads and barely batted an eyelid before blithely including a comparison with a tractor in their feature list. Obviously, Eicher Motors’ Royal Enfield has had much more going for it than the sheer deep thump of its rakishly upswept silencer. The downside has been that even as Bullet’s cruiser imagery sells 45,000 bikes every year, Hero Honda makes hay in the commuter segment with unit sales crossing 35,00,000 annually. Sure, one should not compare – after all, bike enthusiasts worship the ground that the stylish Bullet walks on, while Hero Honda is merely a convenience for your daily office-goer. Siddhartha Lal, MD, Eicher Motors agrees, “We have no comparison with mass manufacturers. Royal Enfield riders use their bikes for purposes beyond commuting.”

But quiz Lal a little further and you realise that some changes in existing strategies at Enfield are in order. The niche bike brand, which has sold a meagre five lakh units in its 56-year-old history in India, is now targeting a bullish figure of one lakh annual unit sales by 2013. Explaining short-term targets, Lal says, “We are planning to touch 50,000 unit sales in 2009 (targeting a 15% rise year-on-year), followed by a target of 60,000 for 2010.” Already plans are in place for a Rs.65 crore investment over the next three years at its Chennai plant to double production capacity. Question is, can this planned doubling of sales turnover by 2013 be possible without tapping at least a little into the mass markets, presently dominated by Hero Honda, Bajaj and TVS? But the dilemma then is, will the Bullet come down a few notches from its cruiser positioning or is there more method to this strategy?

Company insiders are at pains to point out that their new ambitions can be achieved without any dilution in brand equity. “We have been able to sell whatever we manufacture and almost all our models have a waiting list,” explains R. L. Ravichandran, CEO, Royal Enfield. Clearly, Bullet’s established aspirational quotient amidst the Indian consumer is fuelling the ambitions of this bike company. Not putting all its eggs in the domestic market only, Enfield is also working on increasing its already expanding global reach. Its ventures in various developed markets are already a success. “We are exporting 5% of our total sales now. But we will take that to 15% over the next three to five years,” vows Lal.

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Source : IIPM Editorial, 2010.

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

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Daring to think beyond...

If daring is the way at the Indian Institute of Planning and Management (IIPM), then IIPM has proved that once again by being ranked as one of the best business school in the country. As per a recently concluded survey conducted by Zee Business in a quest to find India’s best B-Schools for 2009, IIPM has been ranked fifth in the overall ranking (two places higher than its 7th position last year and well ahead of three IIMs) out of 30 B-schools. The icing on the cake is that it has topped the rankings in the global exposure category for the second year in the running. IIPM has been credited with placing students in major multinationals abroad, providing enviable global interface for its students through its Global Opportunity and Threat Analysis program, sessions with globally renowned visiting faculties, et al. It has been ranked 8th for placements as it has successfully achieved 2,550 national and 55 international placements for the batch of 2009. “Over the past few years, The Indian Institute of Planning and Management has structurally oriented itself towards fortifying the mandate to internalise internationalism through its strategic academic tie ups (with institutions like University of Cambridge, University of California at Berkeley, University of Texas at Austin, University of Virginia), student exchange programs and global placements. All such initiatives are driven with only one underlying objective and that is to make education at The Indian Institute of Planning and Management – a truly world class experience,” states Professor Prasoon S. Majumdar, All India Dean Academics, IIPM. Zee Business has conducted this survey (featuring the top 30 management institutes in the country) by interviewing faculty members from various management institutes, corporates, recruiters, students, and young professionals on parameters covering course content, global exposure, placement, industry interface, faculty and infrastructure.

Ratan Lal Bhagat

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Source : IIPM Editorial, 2010.

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

For More IIPM Info, Visit below mentioned IIPM articles.
TSI exposes b school ranking scamsters Mahesh Peri of Career 360 and Premchand Palety of C fore. - For Complete Sting Operation Video Click Here

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Exclusive In chat with Society Magazine - Prof. Arindam Chaudhuri