Complacent attitude

However, according to Bharukha, this is not a fact to worry over as he vehemently argues, “When the market growth rate is higher, it makes sense on riding the growth rather than chasing market share. Market share for most of the players has remained static in the past 3-4 years.” And considering that it lost its leadership position in the decorative segment to Asian Paints during the late 60s, this complacent attitude seems to have been around for quite a while now. And today, KNP’s revenues amount to just 40.3% of Asian Paints’ (which earned rev- enues of Rs.36.7 billion during 2006-07). On a positive note, KNP’s forte – the industrial paints segment – should see even better times as the automotive industry, which accounts for a large chunk of the industrial paint segment, is on a surge (sales grew by 15.6% to an astounding Rs.9.2 million for April-January, 2006- 07, according to SIAM).

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Source : IIPM Editorial, 2007

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

Indiabulls

“We focussed on delivering in the short-term, while creating scalability for the long-term and ownership amongst employees,” vociferously barks out Gagan Banga, Executive Director of Indiabulls. A true entrepreneur at heart, Banga has shrewdly learnt the art of hiding trade secrets in jargon-loaded words, straight out of management books. But the fact is, he is dot on right! The key to Indiabulls’ fanatical success (revenue growth of 159% from FY03 to FY07 and a profit growth of 184% during the same time period) is without doubt the unbelievable vision and belief they had, and have, in the term called ‘scalability’. The concept is simple.

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Source : IIPM Editorial, 2007

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

Talking about India and Pakistan

We are essentially talking about India and Pakistan. While the chances of a nuclear holocaust have subsided much, still, the subcontinent is far from becoming a peace haven. And as if the envy of Pakistan hasn’t been enough, it has rather got a major booster from similar antipathy within many sections of Bangladesh. While the chances of much of the subcontinent becoming a hub of radical fundamentalism essentially remains above average, it can only go up as the increasing prosperity of the Indian economy creates more heartburn in the failing states of Bangladesh and Pakistan.

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Source : IIPM Editorial, 2007

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

Source of pollutants

According to the US Department of Energy – buildings are a major source of pollutants that causes urban air quality problems and contribute to climate change. That’s where the green building concept comes into picture. “A green building strives to balance environmental responsibility, community sensitivity, resource efficiency and occupant wellbeing and comfort,” says Vidur Bharadwaj, Managing Partner, Design & Development, who holds the distinction for designing Wipro’s campus. After a series of business plans and presentation by leading architects, came the decider from Design & Development for Wipro – a Green Building that has got the highest platinum rating (52 points) in Asia and second highest in the world by the US Green Building Council.

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Source : IIPM Editorial, 2007

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

Affected by pollution

“It is estimated that 30,000 acre cultivable land was affected by pollution and has became uncultivable. From Tirupur until it joins Cauvery near Karur... it runs through 57 long kilometres... And all along one can only witness the devastation!” laments a local journalist. Meanwhile, the effluents haven’t spared Tirupur city either. Since the ground and surface water are polluted, drinking water has become undrinkable. And it’s not only pollution, the groundwater level has plummeted to 800 feet below. One bitter example is that even the colour of the water that one gets from tender coconuts in these areas have changed. Outraged by the increasing impact of the pollution, the villagers surrounding Tirupur decided not to allow the units to take water from their wells.

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Source : IIPM Editorial, 2007

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

Keira’s carry bag

Keira Knightley has found a way to be environment friendly and look chic while at it. She’s been carrying around a bag from the environmental line of Anya Hindmarch with a very earthy message inscribed on it: “I’m not a plastic bag”. As if that weren’t convincing enough, the designer carry-bag costs a measly $5dollars! And sure enough, Keira has started a rage, as now the fashion-crazy lot are rushing to London’s Knightsbridge store to get their hands on this designer piece! Keira sure knows how to play the eco-friendly pied piper really well!

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Source : IIPM Editorial, 2007

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

Our climate crisis

“Our climate crisis is the paramount challenge facing humanity,” believes Kevin Wall, one of the masterminds of Live Earth. “Only a global response can conquer our climate crisis. SOS asks all people to Save Our Selves because only we can,” continues Wall. “We are launching SOS and Live Earth to begin a process of communication that will mobilise people all over the world to take action,” said Al Gore at the launch of Save Our Selves (SOS) – The Campaign for a Climate in Crisis. “The Climate Crisis will only be stopped by an unprecedented and sustained global movement. We hope to jump-start that movement right here, right now, and take it to a new level on July 7, 2007,” said Gore, the ex-Vice President of USA, whose hugely-successful documentary on global warming – An Inconvenient Truth – picked up several awards this year.

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Source : IIPM Editorial, 2007

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

Ready for an itch?

As the globe gets warmer and tropical temperatures spread, tropical diseases are gradually reaching areas that haven't known them before! As per WHO reports, there’s a predicted manifold increase in the number of malaria cases and other insect borne diseases which are typically climate sensitive. Increasing the favourable zones of these vectors and increasing instances of dengue, malaria and many other infectious diseases would be a direct consequence of global warming. Not only this, the increase in respiratory ailments and vascular diseases are on a rise owing to concentration of ozone in the lower atmosphere due to a rise in temperature!

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Source : IIPM Editorial, 2007

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