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Management

Effective Executive


May'06
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Sustainable Executives : Enhancing Shareholder Value
The Global Crisis : Energy and Environment
General Motors : No Way to Go
Crystal Gazing with Oracle Corporation : Growth through Acquisition?
Corporate Social Responsibility : An Effective Mantra for Rural Market Development
From Brands to Passion Brands : The Journey
Advertising to Rural Consumers : Its Different
How to be Effective
BPO vs. KPO : A Comparision
Technology and Social Inclusion : The Role of ICT
Agricultural Development : Lessons from China
Talent Deficiency Syndrome® : Who Moved My Talent?
The Indian Aviation Industry : Challenges Ahead
Racial Discrimination at FedEx
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Sustainable Executives : Enhancing Shareholder Value

- - L Hunter Lovins

A corporate commitment to sustainability enhances every aspect of shareholder value. Corporate executives lived for years comfortable in the conventional wisdom that their role was simply to look after their enterprise. Issues of the larger world belonged to the realm of policy. Executives paid lobbyists to promote policies friendlier to their activities, but felt little professional responsibility for a greater good.

Article Price : Rs.50

The Global Crisis : Energy and Environment

- - Dr. J Rennie Whitehead

The 21st century will see the death of fossil fuels. In future, all our electricity will be generated by non-fossil means, mainly hydro and nuclear.

Article Price : Rs.50

General Motors : No Way to Go

- - Aala Santhosh Reddy

GMs own misdoings outscore competition for all its present woes. Once hailed as the icon of American industrial strength,General Motors (GM) is now a troubled giant crumbling under its own weight. The unbeatable product range, model organization structure, employee- and investor-friendly practices which were believed to give strength to GM are the same ones which are causing it to be in the doldrums.

Article Price : Rs.50

Crystal Gazing with Oracle Corporation : Growth through Acquisition?

- - Srividya Raghavan

Oracle Corporation is aggressively pursuing the policy of buying-out its competitors and consolidating its products to "be the No.1 in every segment it competes".

Article Price : Rs.50

Corporate Social Responsibility : An Effective Mantra for Rural Market Development

- - Debashish Sengupta

There are many areas in India where economic empowerment, education, health, etc., are major problems. To tap the rural potential, it is essential to develop these areas.

Article Price : Rs.50

From Brands to Passion Brands : The Journey

- - Sanjit Kumar Roy and MS Balaji

In todays competitive environment, brands have lost their confidence and they need to reclaim their belief and courage to stand for something, rather than merely responding to the whims and fancies of consumersin a sense they have to become Passion Brands.

Article Price : Rs.50

Advertising to Rural Consumers : Its Different

- - Sadhu Ramakrishna, BV Kiran

Consumer markets in rural India have a huge potential. It is high time that marketers focused on rural markets and tapped the potential of these markets.

Article Price : Rs.50

How to be Effective

- - Kaushik Mukerjee

With customer attrition rates hitting the roof, the primary challenge for CRM is to ensure customer retention.

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BPO vs. KPO : A Comparision

- - Anupama D Raina, Tapati Bandopadyay

In India, outsourcing has begun moving up the knowledge continuum to tasks that are opposed to routine work and involve expertise, judgment, and a strong base.

Article Price : Rs.50

Technology and Social Inclusion : The Role of ICT

- - S Rajagopalan

Information and Communication Technologies can play a vital role in bringing about integration of all social and economic classes in society.

Article Price : Rs.50

Agricultural Development : Lessons from China

- - K P Prabhakaran Nair

While India could harvest only about 160 million tons of grains in 2005, China harvested more than 550 million tons.

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Talent Deficiency Syndrome® : Who Moved My Talent?

- - Vineet Tandon

Despite having a population of a billion plus, the shortage of skilled talent is becoming a major problem in India.

Article Price : Rs.50

The Indian Aviation Industry : Challenges Ahead

- - VV Ravi Kumar

The aviation industry in India is poised to witness an exponential growth. What the country therefore needs, on a priority basis, is a commensurate improvement in technology, airport and ground infrastructure, and investments to be made in developing a base of skilled human resources.

Article Price : Rs.50

The key to building a successful brand is focus.

- - Laura Ries

Laura Ries is President of Ries & Ries, a marketing strategy firm she founded with her father Al Ries in 1993. She has co-authored four books including The Origin of Brands, The Fall of Advertising and the Rise of PR, The 22 Immutable Laws of Branding and The 11 Immutable Laws of Internet Branding with Al Ries. A recognized marketing guru in her own right, she speaks and consults with companies around the world. In 2002, Business 2.0 named Laura Ries a "management guru" and issued trading cards with her picture and statistics on them. She has appeared on the Fox News Channel, CNBC and CNN. She is a frequently quoted marketing expert in The New York Times, The Wall Street Journal, USA Today, Associated Press, Advertising Age, and other publications.

Racial Discrimination at FedEx

- - Sanjib Dutta, Pushpanjali Mikkilineni

We take allegations of discrimination very seriously, and we will not tolerate discrimination of any kind in the workplace. We pride ourselves on having a progressive people philosophy and a diverse workforce. - Cornell Christion, FedEx spokesman in 2002. FedExs policies do not provide fair treatment. If a company is going to claim to treat people fairly, it should do so. All employees should be rewarded for their hard work, loyalty, and track records. We minorities were singled out for discipline and passed over for promotions compared to our counterparts who were not minorities. That is not fair treatment. - Derrick Satchell, Lower-level Manager at FedEx Express in 2005.

Article Price : Rs.50
 
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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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