COVER
STORY
Building
the ICICI Prudential brand --Shikha Sharma
ICICI
Prudential life is the No.1 player among the Indian private
insurance companies. The ICICI Prudential brand name has the
highest recall among all private companies. "The task for
the ICICI Prudential is to build a relevant brand that customers
could trust" says, Shikha Sharma, MD and CEO of ICICI Prudential
Life. Read on to know more about her brand building strategy.
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INDUSTRY
IN FOCUS
Indian
life insurance industry: Issues and challenges --Rajesh Kumar Singh
After
the license was issued to private insurance players in October
2000, the growth of this sector has been phenomenal. Experts
opine that the result of the three years of privatization
has been extremely positive and the future looks promising.
But, there are several key issues that need to be addressed
immediately.
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CLASSIC
The
Ecology of Leadership --Ravi Madapati
Executive
leaders can develop guiding principles. They can change their
own ways of thinking and interacting, and thereby become a
persuasive role model.
© 1996 Peter M Senge (www.solonline.org). Reprinted with permission.
This article was earlier published in Leader to Leader, Fall
1996.
CORPORATE
SOCIAL RESPONSIBILITY
Business
ethics-An overview of stakeholder responsibilities --Subhasis Ray
This
article tries to capture the broad impact that ethics has
on business and how it can be incorporated in the policy guidelines
of different stakeholder organizations to ensure more transparent
and profitable operations.
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STRATEGY
From
Philip Morris to Altria --Geoffrey
C Bible
Philip
Morris (PM), the largest cigarette manufacturing company in
the world has faced various challenges: Anti-smoking campaigns,
legal battles and price wars. The company has responded to
these challenges by diversifying into the food business and
has changed the group name from Philip Morris to Altria. Simultaneously,
Louis Camilleri became the new Chairman. It remains to be
seen as what strategy Camilleri would be following to take
Altria to further heights.
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TECHNOLOGY
The
making of Sony PlayStation --Ravi Madapati
When
Sony Computer Entertainment introduced the PlayStation game
console in the North American market, it created a history.
With no prior track record in the $30 bn video game market,
the company became a dominant force, but soon, its competitors
such as Nintendo and Microsoft started expanding aggressively
in the lucrative multi-billion dollar gaming market. Nevertheless,
Sony with new innovative products like PS-3, seems to be well
placed to continue its domination.
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