Wednesday, August 13, 2008

Social networking

Of course, the other ultimately hot topic on the web today is social networking, and 2008 could see a revolution of sorts with Google’s OpenSocial concept, which is currently under development, and would take the concept of Democracy on the Web to a new level. What Linux has done to Microsoft Windows, Google’s OpenSocial concept is expected to do to Facebook, as in this case, developers will be able to build social applications on the web through a common set of APIs. OpenSocial will provide users with more of interesting, engaging & useful features. “There’s a lot of innovation that’ll be spurred simply by creating a standard way for developers to run social applications in more places. With the input & iteration of the community, we hope OpenSocial will become a standard set of technologies for making the web social.” ” said Jeff Huber, Senior VP, Engineering, Google. Potential of social networking is going to grow manifold, as companies will use it to tap potential customers, a case in point being Wal-Mart’s tie up with FaceBook for back-to-school sales. Aficionados of social networking will be in for a treat when Yahoo launches ‘Mash’ in 2008, where they will be able to edit others’ profiles.

Furthermore, this steep surge in development of the web will call for more stringent security applications, especially in chat rooms & databases. There’s speculation that the whole idea of universal access could start being based on mandatory authentication checks wherein specific websites could use complex authentication methods like retina & fingerprint identification to enable access to users. And here again, the year 2008 could well prove to be just the beginning.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Friday, August 08, 2008

Diversified global operations

A notable feature of all high revenue earners this year was the amount of revenues earned as an offshoot of globalisation. Yes, of the 32 companies that earned more than $50 billion in revenues, a swashbuckling 65.63% earned more than 20% revenues from outside America. In this regard, too, the leader was Exxon Mobil, which earned a gargantuan 72.2% of its revenues from non-US customers. Others in this list include HP (66.6%), Dow Chemical (65.9%), Chevron (65.7%) and IBM (63%).

Of those who lost money in 2007, GM, with net losses of $38.73 billion ensured that auto companies retained the ‘tainted’ title (Ford was the odd one with losses of $12.61 billion in 2006), followed by Sprint Nextel with losses of $28.58 billion and Merrill Lynch ($7.78 billion). In all, 57 companies recorded losses of $116.7 billion, a dejecting rise in net aggregate loss of 141.12%. Another 183 companies reporting lower profits for 2007 – a rise of 17.51% in count over last year.

As per Fortune’s Geoff Colvin, “The IMF has lowered its estimates of world growth for 2008, and the higher cost of capital is hurting businesses that need to borrow – which means everyone...” This is followed by the prediction of the US economy weakening further and unemployment rising to an alarming 5.6% as per National Association for Business Economics. With over 56% economists predicting a recession in US as per the report, surely time, profits and even revenues for America Inc. will get harder in 2008. Year 2008 will perhaps even see topline tumbling with US economic growth predicted to grow by just 1.4% in 2008 (from 2.2% in 2007) as Lynn Reaser, chief economist at Bank of America’s Investment Strategies Group confirms, “The economy is still going to be weak in the very near term…’’ Even Ellen Hughes-Cromwick, President, NABE & Chief Economist, Ford Motors professes, “Although housing and credit markets will gradually loosen their grip, US economic growth is expected to ‘only slowly’ return to health.’’ ‘Slowly’, mind you!

Watch out for the 2008 Global 500 list… the count of losers sadly will increase further and winners will remain the same with the glorious top five top-line & bottom-line champions remaining unchanged. And yes, only those with well diversified global operations will score better over last year!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Tuesday, August 05, 2008

Club #1, live it! And this ain’t just fancy!

Manav Singh is happy that he’s not carrying mass passengers. He’s also happy that he’s dealing with only HNIs. STEVEN PHILIP WARNER explains the joy and nervousness behind this leader’s passion for flying

He likes playing golf. He’s a fan of rock music, loves driving sports cars and owns 9 chartered planes. Wait, we’re not talking of Tiger Woods here; nor is the reference to the lead singer of some rock band; and no, it’s not Richard Branson either (though our man loves Branson’s autobiography ‘Losing My Virginity’). But, Manav Singh, MD of Club One Air probably has picked up traits from the best in probably every field; something that sets him apart from run-of-the-mill CEOs in the Indian context. Dressed in a purple shirt and tie combination, with keen eyes scanning the ‘strategically’ divided geographical India on the white board in his office, Singh exudes a different aura altogether. Unlike others in the aviation sector, this man deals with high net-worth individuals (HNIs) and chartered planes; and currently boasts of a clientele comprising of the who’s who from both the business and political fraternity of India! “I think that the general airline industry is cluttered, considering the size of the market. Growing at 40% is not healthy for anybody. The airlines just went for an overkill. Healthy growth would mean growing at about 10%,” is how Manav expresses his view on the oversupply in Indian mass ‘air’ transportation.

In sharp contrast to other aviation players, Singh has mastered the Blue Ocean Strategy and has created a niche market for Club One Air. He’s managed to stay more than a kitten’s whisker away from indulging in the loss-making ‘mass’ air carriage business; a business which as per the Centre for Asia-Pacific lost a teeth-rattling $500 million in 2007. Surely, Manav was not ready to give up the hard earned dimes of his stake holders in a jiffy, all in search for quick glory! “I’m happy I stayed away from the general aviation market in India. Our business is growing and we have a growing count of customers,” reveals Manav.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative