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COVER
STORY
Wealth
Management : Emerging Opportunities
-- Pankaj M Madhani
Wealth
Management is fast gaining popularity in India as more and
more Indians are joining the millionaires' club. Rising salary
levels and the booming economy are further expected to churn
out more millionaires. However, managing the moolah on his/her
own is not possible for every millionaire. It is here that
the services of a wealth manager can come handy. Wealth management
with a market size of $20 bn has been increasingly recognized
by Indian financial services sector as a lucrative business.
With the emergence of wealth management as fast-growing and
dynamic career opportunity, leading educational institutes
of India have started offering courses on the subject.
© 2007 IUP . All Rights Reserved
HRM
Getting
Your Dream Job with 10 P's0
-- Leni S Varghese
In the era of tough competition, employers are searching
for aim-oriented people rather than money-oriented people.
So strike a balance between the two by cultivating your skills
and knowledge to match the requirements.
© 2007 IUP . All Rights Reserved
HRM
Retaining
Talent : Key to Success
-- P S Sarath Chandra
Retaining talent has emerged as a major challenge for
most organizations as talent crunch looms large on them.
The
term `employee retention' first popped up on the business
scene during late 1970s. Till then, the fundamental nature
of the association between an employer and an employee had
been a statement of the status quo: "Work for
me, perform better, and as long as financial conditions permit,
I will continue to give you work.
© 2007 IUP . All Rights Reserved
HRM
Attitude
Management : Key to Success
-- Kunal Gaurav and Eldos Mathew Punnoose
Scores of young managers are trying to make a mark in
the corporate world in a big way. Attitudinal problem is the
supreme cause that hampers the process. This article looks
into the attitudinal issues related to the freshers. The article
also discusses about the aspects that could be a recipe for
success in the corporate. Article brings out that these aspects
should work in tandem and harmony lead by a positive attitude
for reaping success in the corporates.
© 2007 IUP . All Rights Reserved
MARKETING
Creating
Brand Personality in 21st Century
-- Dhandapani Alagiri and N Kalai Selvan
Brand personality is an interesting concept in today's
marketing. It is one of the core dimensions of brand building
process as well as decision- making for buying a product,
as it gives a competitive edge to the brand to establish an
identity of its own in the marketplace.
© 2007 IUP . All Rights Reserved
BUSINESS
ENVIRONMENT
Financial
Inclusion : Banking for All
-- Y Chandra Sekhar
With
the growing divide between haves and have-nots, financial
inclusion is the need of the hour to tackle the issue.
These words of caution coming from the Prime
Minister of the country are a sort of repeated reminder to
India's corporate sector, especially the financial sector,
as a vast section of our population is urban-rural, still
being untouched even after over 15 years of reforms.
© 2007 IUP . All Rights Reserved
BUSINESS
ENVIRONMENT
Automotive
Design Offshoring : India's Advantages
-- A Anand
The
proposed National Automotive Testing and R&D Infrastructure
Project (NATRIP) will provide a major boost to India's fast-growing
automotive industry. It will provide a necessary platform
to achieve a degree of convergence of India's strengths in
the areas of automotive engineering, information technology
and electronics.
© 2007 IUP . All Rights Reserved
BUSINESS
ENVIRONMENT
BPR
: The Powerful Management Tool
-- Bholanath Dutta
Re-engineering is neither easy nor painless. By forcing
you to transform your processes, instead of merely tweaking
them, will cause severe dislocation. However, it will successfully
deliver extraordinary gains in speed, productivity, and profitability.
But if it fails-as many Chief Executive Officers complain
that it hasn't worked for their companies-it could leave one
even poorer than before.
© 2007 IUP . All Rights Reserved
PERSONALITY
DEVELOPMENT
Persevering
Professional Paradise
-- Aisha M Sheriff and P Nagesh
Good
Interpersonal
relationships are critical to personal success. Realistic
analysis of self and others forms the basis for development
of personal and interpersonal skills. Exploration and
development of personal and interpersonal skills have become
all the more important today, particularly in the backdrop
of relationship management and service orientation coming
to the fore.
© 2007 IUP . All Rights Reserved
PERSONALITY
DEVELOPMENT
Self-Management
: Key to Organizational Success
-- Siba Prasad Pothal
If
the employees consciously aim at self-management, they can
enhance their efficiency which in turn would result in organizational
success.
© 2007 IUP . All Rights Reserved
CORPORATE
FINANCE
Private
Equity : The Value Creators
-- N Vijayalakshmi
The
influence of Private Equity players on the corporate world
is on rise. They are playing an important role in terms of
value creations.
© 2007 IUP . All Rights Reserved
GENERAL
MANAGEMENT
Avoid
Micromanagement for Better Management
-- Vikas Shrotriya
Micromanagers try to show that they are good and involved
managers and are concerned with the minute details on continuous
basis. They waste their time on tiny details and revisions.
They are overinvolved with their subordinates or colleagues.
Micromanagement should be avoided to enhance efficiency at
workplace.
© 2007 IUP . All Rights Reserved
GENERAL
MANAGEMENT
Management
Games : A Pedagogic Tool
-- Madhuri Modekurti
It is crucial for academicians, trainers and the like
to delve deep into the purpose behind the usage of Management
Games (MGs), prior to considering their applicability in classrooms
and their relevance in management education.
© 2007 IUP . All Rights Reserved
GENERAL
MANAGEMENT
Management
of Stress : Is Conserving the Energy Equally Important to
Building the Energy?
-- Samta Jain and Namrata Mehta
We should not forget that mental health has been scientifically
proven to be the basis for physical health. Stress causes
imbalance but its proper management restores the balance.
The article details a comprehensive approach to the Management
of Stress.
© 2007 IUP . All Rights Reserved
INDUSTRY
Retailing
Sector : Get `More'
-- Amita Singh
The entry of Aditya Birla Group, one of the top private
sector industrial conglomerates, is set to further intensify
competition in India's red-hot retailing sector, whose size
will almost quadruple by 2010 to $45 bn from the present $12.4
bn.
© 2007 IUP . All Rights Reserved
INDUSTRY
Knowledge
Process Outsourcing : Next Big Thing
-- Pubali Sarkar
As
a career option KPO is no doubt a lucrative sector as it offers
handsome remuneration. However, India has yet to realize the
full potential. The basic reason why this sector has failed
to attract the intellectual class in large numbers is lack
of awareness among the aspirants about its future prospects.
© 2007 IUP . All Rights Reserved
CYBERWORLD
WiMax
: Wireless Communications' Next Frontier
-- V Venkateswara Rao
WiMax
as an emerging technology promises profitable services to
business and household users economically at an affordable
cost.
© 2007 IUP . All Rights Reserved
EDUCATION
Indian
College Education System : A Makeover
-- Aarti H Joshi
Education system should not be crippled by politics. The
best should be chosen and given the opportunities they deserve.
© 2007 IUP . All Rights Reserved
BOOK
REVIEW
The
Four Secrets that Change the Life
-- Author : Dick Lyles
Reviewed by G Ramesh Babu
The Winning Habits seems to be the wealth of corporate
experience and business savvy of Dick Lyles, the CEO of leadership
legacies of San Diego. It gives a simple but powerful message
in the form of four secrets that change the life. This book
creates a winning culture with a sustained high performance
which transforms anyone into a complete person.
© 2007 IUP . All Rights Reserved
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