Wednesday, October 31, 2012

Judicious Structure and Strategy

Since these SGAs had the freedom to implement ideas which resulted in reduction in costs – to a surprise of many, they brought about a big change.

Simultaneously, divisional structure was also done based on plant and process level to consolidate the product management concept. It was driven by synergy between various products. Nancy had informed during the family time that employees were encouraged and they had started to find out some creative thought, and in turn generating the workable idea for cost-cutting and cost reduction.

Suparshwa used to provide the due credit about the following things or matters specifically over the period of time.
a. The MTC became successful because Suparshwa always got due support from all departmental heads during his thought-provoking sessions and during brain-storming sessions.
b. All department heads including the chairman used to constantly encourage him to implement the ideas he had in mind.
c. In spite of his core area of work being marketing, whenever he suggested any points for improvement of product line and process line, due weight was given to his idea by everyone in the MTC.
d. During the course of working, a few times, because he had good technical expertise, he was invited to attend meetings by his colleagues like production manager, HR manager, etc., and his views were given due respect. Read More...

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Tuesday, October 16, 2012

He further adds that, the world continues to witness significant shifts in the global pharmaceutical market landscape with Asia-Pacific emerging as the fastest growing pharmaceutical market over the recent past. With low costs and favourable regulatory environment, the region has seen significant developments in the field of contract manufacturing, particularly in generics and APIs. “We now want to mark our presence in former CIS countries of South East Asia, Africa and Latin America and become the number one pharma company in India by 2015.” However, he shares that a number of major pharma companies are emulating their model and Mankind is well aware of this fact. Therefore, they keep revising strategies to suit the flavour of the trend.

The company is aggressively expanding its domestic sales through existing divisions, namely Discovery Mankind and Life Star too, as a business strategy. Mr. Juneja feels that it is a personal victory for him to have come a long way, so fast.

He believes that it is essential to be a flexible leader, with a positive attitude to prosper in corporate scenario. Sitting at top of the ladder, he has never missed out on family time. He switches of the phone and prefers home cooked food. His ideal holiday is where he could spend time with his family.

For this prosperous entrepreneur, the goal is to get the ball moving in the right direction. It is important to have right attitude and positivity around to flourish and to remain upbeat with industry trends and practices. “Being honest and working with the best of your intentions can bring you desired result. Hard work never fails,” concludes Mr. Juneja on an optimistic note. Read More...

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Saturday, October 13, 2012

Pupils, you're on your own now!

Whether or not they agreed with his style of working, MPs would surely miss this headmaster in the next Lok Sabha
 
On the last day of 14th Lok Sabha, while MPs would be wondering whether or not they would return for the 15th Lok Sabha; they were certain of one thing – that they will not get to hear the commanding and firm voice of Somnath Chatterjee, Speaker of Parliament, again. Somnath has willingly retired from active politics. And during the emotional farewell when he was given the title of headmaster, he wasn't angry but proud. Now he would be spending his days away from the hullabaloo.

Born on July 25, 1929 in Tejpur, Assam, Somnath Chatterjee completed his preliminary education from Kolkata and then got his post graduate degree from Cambridge. In 1971, he contested for the Lok Sabha elections for the first time from Bolhpur and remained as an MP till the 14th Lok Sabha in 2004. During his tenure as an MP he raised many important issues for CPI (M). A front bencher in the Parliament, he commanded tremendous respect; in fact he used to always get preference during a discussion on any topic. And that is the reason why he was given the Best Parliamentarian award in 1996. In 2004, when Sonia proposed his name for the Speaker's post it was supported even by the BJP. He has been known as the most well-versed person in the guidelines and rules of Parliament and during his tenure as Speaker, he tried to follow the rules to the fullest.

Mostly clad in dhoti kurta at his residence, this CPI (M) comrade loved going to Bolhpur with his family every year to attend every Durga Puja. During one of his visits to Bolhpur, when school children asked him about the activities taking place in Parliament, he had a brain wave; that Lok Sabha and Rajya Sabha activities should be telecast. His idea was the base of the 24-hour telecast of Parliament activities. During his tenure as Speaker, he made some important decisions. One amongst them was that even the Zero hour should be telecast, since it is during this time that most of the members actually come up with their local problems.


Source : IIPM Editorial, 2012.

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Thursday, October 11, 2012

Insiders make more sense...

Chandrasekaran is perhaps the right person to take over the baton of TCS from Ramadorai

Ramadorai joined Tata Consultancy Services (TCS) in 1972 as junior engineer. He was appointed as the Chief Executive Officer of the company in 1996. Later in 2004 he also became the Managing Director of this Tata Group company. He holds a Bachelor of Engineering in Electronics and Telecommunications from Indian Institute of Science, Bangalore and a Masters degree in Computer Science from the University of California. He has more than 36 years of experience and has received Padma Bhushan in 2006 for his contribution towards the development of the IT industry. He has been instrumental in building TCS to a $5.7 billion global software and services company and he is recognised amongst other influential IT leaders in the world.

N. Chandrasekaran, the Chief Operating Officer of TCS is more likely to take over the mantle from Ramadorai. He has leadership qualities needed to ensure success in the global environment, including global aptitude, long-term perspective, skilled communication and literacy in technology. Under his leadership TCS ventured into new markets, including Europe, China and Latin America.


Source : IIPM Editorial, 2012.

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Wednesday, October 10, 2012

Reading the future of books and movies...

Most would agree that the art of this age are movies, and since decades writers have made little money from their work. So, is it time for writers to ruminate about the subject of their books in context to their scope of becoming entertaining masala films? Ravi Subramanian, author of books like I bought the Monk’s Ferrari, opines, “Movies are one more viable option for authors to make revenue and get noticed. In Hello, for instance, the only person who benefitted from the movie was Chetan Bhagat. The movie bombed, the producers lost money, its actors didn’t profit much. The real benefit in terms of profile, money, visibility, was Chetan Bhagat. I think writing books with an eye on the movies, is not a bad option because it gives you a fair bit of recognition. The movies go far and deep in this country. In India as they say, only two things sell – cricket and Bollywood. If you can write a book that can be adapted to a movie, or if you can tweak your book to adapt around for a movie, I think you can be fairly successful. Though movie writing itself doesn’t pay you too much.”

Cinema is a medium that has the entire nation hooked. So is it not high time authors tweak their Modus operandi? A strong relationship can be forged between films and books, what remains to be seen is how long this will take to blossom.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
 
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