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COVER
FEATURE
Ma
Foi means `my word' literally.
- - K Pandiarajan
Established
in 1992, Ma Foi Management Consultants Ltd., has a sound reputation
for a systematic and hands-on approach to Human Resources
Consulting. In the 13 years since its inception, Ma Foi has
steadily grown to become India's largest HR services provider.
© 2005 IUP. All Rights Reserved
GLOBAL
STRATEGY
Videocon
- Reviving fortunes?
- - Sadhu Ramakrishna
Going
global seems to be the mantra for Videocon as the electronic
goods major signed acquisition deals with two of the world's
most popular companies. The company has some big plans for
its future.
© 2005 IUP. All Rights Reserved
ENTREPRENEURIAL
STRATEGY
Entrepreneurship
and the process of strategy formulation
- - Saptarishi Purkayastha
Strategy
formulation by the entrepreneur is rooted in individualism
and not in collectivism. The economic school of thought of
strategy formulation by the entrepreneur, which delineated
his role as quantity and price decider only, has now been
relooked from the platforms of vision formulation and his
risk-taking capacity. The personal traits of the entrepreneur,
his upbringing, his behavioral patterns and his extent of
formal education are being looked at in order to understand
the process of strategy formulation. The patterns which make
an entrepreneur visionary are also mentioned in this article.
It concludes by summing up the different aspects of strategy
formation from the perspective of the entrepreneur and also
suggests ways to minimize the pitfalls of such a formulation.
© 2005 IUP. All Rights Reserved.
WOMEN
LEADERS
Against
all odds
- - Sujoy Dutta
This article spotlights the long journey of Indian women
from being restricted to the four walls of their houses to
the topmost positions in every field. It talks of their power
and self belief with which they can rise, fly and break any
barriers or cross any boundaries. Truly, they deserve their
present status and are undoubtedly here to stay. The time
is not far off when women will surpass men in every aspect.
© 2005 IUP. All Rights Reserved
THOUGHT
LEADERS
Peter
F Drucker: Business Management and Beyond
- - C Anand Prasad
© 2004 IBS Case Development Center.
All Rights Reserved. For accessing and procuring the case
study, log on to www.ecch.cranfield.ac.uk
CORPORATE
FAILURE
AT&T:
The last call
- - Y Chandra Sekhar
AT&T, which survived for over 100 years, is now history.
AT&T's troubles began in 1984 when the government decided
to deregulate the US telecommunications industry. As a result,
AT&T was stripped of substantial assets leading to the formation
of seven smaller firms, which later came to be known as baby
bells. While the company was devoid of an important revenue
source, falling long-distance call prices only worsened the
situation. AT&T is facing tough times.
© 2005 IUP. All Rights Reserved
KNOWLEDGE
MANAGEMENT
KM:
The mantra for success
- - N Janardhan Rao
In today's fast-paced business environment, knowledge
management is at the core of every manager's agenda. The varied
dimensions of this environment demands continuous and rapid
change within the organization. So, management must respond
to change or face the inevitable: change or die.
© 2005 IUP. All Rights Reserved
MANAGING
CULTURE DIVERSITY
Cultural
and cross-cultural sensitivity for corporate leaders and researchers
- - Sarita Seshagiri
For
those in Multinational Corporations (MNCs) or local companies
servicing international clients, the first cross-cultural
experience is through their overseas and onsite assignments.
Typically, such instances of interaction either lead to culture
shocks or cultural paradoxes. The former occurs when expectations
and stereotypes of the expatriates towards local inhabitants
are incongruent with what is actually experienced. Corporate
cross-cultural sensitivity programs constantly forewarn employees
of culture shocks and its various phases.
© 2005 IUP. All Rights Reserved
HIGHER
EDUCATION DILEMMA
Higher
education: Privatization or foreignization?
- - AV Narsimha Rao
The
Indian higher education system has a special feature - participation
of self financing private institutions in higher education
with a tag of `affiliation' to the universities. Every State
university has the power to grant affiliation to the private
colleges and impart education to them within the framework
of academic and administrative directions laid down by the
universities. In the present scenario, after examining the
experiences of quality education imparted by the deemed universities
and institutes of excellence, encouraging private players
in education is one of the best options and alternatives available
to the government.
© 2005 IUP. All Rights Reserved
FOOD
SECURITY
Food
security through better storage system: The real challenge
- - Mamta Baranwal
This
article discusses initiatives of the government agencies in
establishing storage systems in order to ensure better food
security for India. These initiatives include Grameen Bhandaran
Yojana and Education and Training. The other issues discussed
here are cost structure in establishing storage system, status
of warehousing capacity over the years and challenges facing
storehouses. This article concludes by enunciating how improved
storage system can provide better food security.
© 2005 IUP. All Rights Reserved
OUTSOURCING
HR
outsourcing industry
- - K Rajesh Prabhakar
HR
managers are shifting their focus from the routine tasks like
payroll. It benefits the more critical tasks like employee
motivation and retention, and helps in concentrating on HR
strategies so that they are in tune with the growing organizational
demands. This has resulted in outsourcing the HR activities
to countries like India that have low cost skilled labor and
the necessary expertise to perform effectively.
© 2005 IUP. All Rights Reserved.
CASE
STUDY
Recruiting:
The Cisco way
- - Subhadra K and A Mukund
Cisco
believes in recruiting the top 10-15% people in the networking
industry for remaining at the top in the industry. Effective
recruitment was used as a powerful strategic weapon by the
company. The company began to use revolutionary techniques
like the 'build the buzz' strategy which was centered on the
primary market for its products i.e. the Internet. Company's
recruiting team identified the candidates whom they felt the
company 'should hire' and then figured out the way those potential
candidates did their job hunting and designed hiring processes
to attract them to the company. But the most sought-after
employees were not accessible through this strategy and the
company had devised its strategy to lure them.
© 2002 ICMR. All Rights
Reserved. For accessing and procuring the case study, log
on to www.ecch.cranfield.ac.uk or www.icmrindia.org.
BOOK
REVIEW
Value
Leadership
- - Peter S Cohan
The
author has identified seven principles which can drive corporate
value in any economy. The Concept phase of Value Leadership
is supported by seven principles (for example, value human
relationships), which prescribe the way an organization should
put value into practice. Each of the seven principles has
three to four activities (such as adhere to core values),
which broadly help an executive realize the principle. Each
activity then has between five to eight tactics (such as define
core values), or specific action steps that managers and their
employees take to incorporate these activities into the company's
work.
© 2005 Peter S Cohan. All Rights Reserved. The IUP holds the copyright for the review. |
