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COVER
STORY
Motif's
vision is to continuously create value for its customers,
employees, investors and society.
-- Kaushal Mehta
Motif Inc. is a knowledge-based service-provider where
human judgment is essential to the workflow. Motif's founders
and management team has extensive US experience working with
global organizations such as Intel Corp., Sun Microsystems
and AT&T. All of their clients are referenceable, which includes
one of the largest online auction company in the world, a
$5.5 bn financial and HR services company, one of the largest
online travel companies in the US, a top ten US investment
bank, online DVD trading company, online book, music, video
and entertainment retail company, a national TPA in the 401(k)
industry, one of the leading mortgage bankers in New York
and a leading relationship management solution-provider in
Life Sciences Industry.
© 2008 IUP . All Rights Reserved
MANAGEMENT
Business
consulting industry : A review
-- Dr. Mary Ipe
Business
consulting is a dynamic profession that offers specialized
expertise on different areas in management and IT. As a business
service, consulting remains highly cyclical and linked to
overall economic conditions. The industry has grown exponentially
in the recent years. This article reviews the broad spectrum
of business consulting and identifies the major players and
services. It examines the trends, market segments and strategic
alliances in the industry.
© 2008 IUP . All Rights Reserved
GLOBALIZATION
International
migration, economic development and brain drain : Issues and
evidence
-- Abhilas Kumar Pradhan
Integration of national economies with the world economy
has increased the economic interdependence among nations and
consequently increased global welfare. At the same time, globalization
has further boosted outflow of scarce professional skills
from many developing and poor nations to affluent countries.
The socioeconomic implications in the long run for the developing
and poor nations resulting from international migration are
highly debatable. This article discusses various issues and
statistical findings related to international migration. It
also discusses the policy measures that are to be initiated
both at the government and corporate level to keep international
migration at a socially acceptable level.
© 2008 IUP . All Rights Reserved
CSR
Corporate
Social Responsibility : Changing paradigms in management
-- M L Gopichander
Organizations
today are driven by factors other than profit/wealth maximization.
Large companies use up large societal resources. Corporate
Social Responsibility (CSR) is about how companies manage
their internal and external business processes in order to
produce an overall positive societal impact. It is a misconception
that CSR is generally considered to be a non-revenue generating
area. Companies can use CSR as a core competence to differentiate
their firms, which can have a positive impact on their bottom
line. This article discusses the road map for achieving this
objective and concludes that it is possible to make CSR, a
strategic management tool.
© 2008 IUP . All Rights Reserved
BUSINESS
STRATEGY
Implementing
sustainable turnarounds
-- Abhishek Roy Chowdhury
Aggressive
cost reduction may save a distressed firm in the short run,
but does not ensure sustainability. A careful analysis of
the cause of trouble and formulation of strategies accordingly,
make it a success in the long run. Financial burden may only
be the symptom while the reason may remain hidden in the internal
system.
© 2008 IUP . All Rights Reserved
LEADERSHIP
Shared
leadership : A requisite for organizational transformation
-- Madhavi Challa and Soumya Gaddam
With
the passage of time, many changes are taking place in internal
business settings. Every individual is moulding himself to
be an efficient and effective leader. The organizations also
look forward to such leaders who can easily mould and share
the responsibilities, vision, goals and mission of the organization
for building great bonds and ensuring growth. In this, shared
leadership plays a prominent role in building relationships
and effective work environment. It also creates positive work
culture in the organizations. This article explains a shift
from classical leadership to shared leadership concept. It
gives different insights into shared leadership and recounts
new developments taking place in organizations with regard
to shared leadership.
© 2008 IUP . All Rights Reserved
M&A
Battle
for Rio Tinto : Miners and merger mania
-- Amit Singh Sisodiya
It
appears all set for a proverbial replay of the hostile bid
by Mittal Steel for Arcelor. Going by the initial saber rattling
between Melbourne, Australia-based BHP Billiton Ltd., which
is also the world's largest mining company, and compatriot
Rio Tinto, the target firm, the battle is bound to bring back
memories of perhaps one of the most interesting and fiercely
fought hostile takeovers in the recent history of global mergers
and acquisitions.
© 2008 IUP . All Rights Reserved
CASE
STUDY
Corporate
downsizing : The Ford and GM approaches
-- Rudrajit Misra and Abhijit Sinha
Ford,
the third largest US-based automobile company (after GM and
Toyota) planned to retrench its manpower in the US in 2006.
This announcement came after a couple of months of GM's manpower
rationalization. Where GM mainly concentrated on cutting the
blue-collar jobs, Ford planned to cut 14,000 white-collar
jobs in North America as it tried to turn around its flagging
business. It had also planned to close 16 factories by 2008,
instead of shutting 12 by 2012 as previously announced. Ford
expected these measures would help reduce its annual costs
by about $5 bn (£2.65 bn) by the end of 2008. Earlier, in
2006, Ford announced it would offer redundancy and early retirement
packages to all of its 75,000 unionized blue-collar workers
in the US. This case deals with the details of employee separation
plan of Ford Motors vis-à-vis GM. It also unfolds how this
initiative can be strategically beneficial in Ford's turnaround
plan and also enlightens HR aspects of this `Early Separation
Plan'.
© 2007 IBS Case Development Center.
All Rights Reserved.
BOOK
REVIEW
Connect
: Building Success Through People, Purpose and Performance
-- Prof. J Venkataraman
Success
is built on connections we make with people and ideas. Whether
it is connecting with customers to improve their service experience,
or connecting with the strategic business plan and objectives
for the coming year, the foundation for success starts with
connecting. Connect is to feel and create a strong, positive
relationship with someone or something. The ultimate result
of this relationship is upliftment for both the individuals
and the organization. In this book, the authors reveal the
seven core competencies needed to connect individuals and
organizations in order to heighten productivity and to maximize
personal and professional success
© 2008 IUP . All Rights Reserved
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