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Management

MBA Review


August '09
Regular Features
  • Business Management
  • Human Resource Management
  • Marketing
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Positive Attitude: A Panacea to Workplace Problems
Bringing Industry into the Classroom: A Challenge for B-Schools
Lateral Thinking
Rethinking B-School Education
Global Economic Meltdown: The Impact on B-Schools
Case Study: As a Teaching Tool
Recession and the Indian Retail Industry
The Global Economic Meltdown: An Analysis
Pink Slip Without Pain
Economic Growth vs. Environmental Degradation
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Young Technocrat

Business is an exciting journey which very few people get a chance to experience.

Anup Tapadia is the Founder of Pune-based TouchMagix Media Pvt. Ltd., a revolutionary media in advertising. It can convert any wall or floor into an interactive surface engaging a consumer in a whole new brand experience. The company has several products like MagixFloor, which is an interactive technology by TouchMagix. Magix Wall, Template Showcase and many interactive products are being provided the company.

Anup bagged two masters degrees in Computer Science at the age of 21he is an alumnus of the University of California, San Diego. At the age of 14, he became the world's youngest professional to pass the Microsoft Certifications (MCSD, MCSE, MCDBA) and has a vision to make India an innovation hub to develop world-class products and start-ups.

-- Interviewed by
MP Vishali
from IUP,
Hyderabad.

Positive Attitude: A Panacea to Workplace Problems

-- Vidya Pai C

Organizations are fast becoming leaner and flatter. People are forced to work harder and for longer hours. Budget cuts, hiring freeze, downsizing and restructuring have become very common. Economic downturn and unrest everywhere is the time when organizations need their people to come together and give their best shot. It is difficult to have absolute control over what occurs in our company or in our personal lives. The way we choose to greet the day, approach work and people at work and react to things is fully within our control and depends entirely on our attitude. Now, more than ever, in a slowing economy and resultant job insecurity, maintaining a positive attitude is critical. Positive people help to create the right atmosphere for others, while being highly productive and motivated themselves. They project a positive image of themselves, and through them that of the company they represent, while interacting with customers. All of these prove vital to the success of any organization. This article attempts to highlight the importance of a positive attitude in freshers and current employees in a slowing economy.

Article Price : Rs.50

Bringing Industry into the Classroom: A Challenge for B-Schools

-- Bholanath Dutta

For years, academia and industry have been operating in separate domains. The complex nature of business and fresh challenges in new economy have made it imperative for both the parties to come closer, work together and create synergies. The better opportunities in industry in terms of career development and pay and perks attract the best talent to the corporate sector.

Very few people from the industry join academics. Most of the faculty members in B-Schools are pure academicians without any industry experience and even many PhDs also do not have any industry exposure, leading to further widening of the gap between industry expectations and classroom learning. This article focuses on the importance of industry experience in management education and further strengthening the industry-academia interface.

Lateral Thinking

-- Pratibha Jenifer Andrade

This article aims at understanding more on the development of lateral thinking and its significance on businesses through a few examples. It throws light on how and why schools should impart lateral thinking education for young and budding managers.

Article Price : Rs.50

Rethinking B-School Education

-- Ronald J Burke

Too many B-School graduates seem motivated by greed; they appear to be more interested in how much money they can make for themselves than in the long-term welfare of their employees and organizations, or in making the world a better place.

Article Price : Rs.50

Global Economic Meltdown: The Impact on B-Schools

-- Gary Oster and Kathleen Patterson

Without doubt, the current global economic crisis is far-reaching; one cannot escape the reality of this new age and time we find ourselves in. Due to the far-reaching implications of the present global economic meltdown, the effect is even being felt in the academia, and has had a profound effect on B-Schools throughout the world.

Article Price : Rs.50

Case Study: As a Teaching Tool

-- Shweta Prakash

These days teaching and learning styles are moving from lecture-based activities towards more student-centric activities. Case studies are an increasingly popular form of teaching in management and have an important role in developing skills and knowledge in students. Educational research has shown that case studies are useful pedagogical tools in management education.

Article Price : Rs.50

Recession and the Indian Retail Industry

-- Pooja Mengi

Though India's association with the US is limited in terms of trade, it is significantly associated with financial flows from the US. The global liquidity crisis has hit India's growth story. Since the markets are interlinked, the impact of the downturn has been shared by all sectors. Retailers are quick to suffer the effects of slowdown, but often slow to recover. A tough self-assessment and a critical scan of the external environment can help retailers on where to focus. This article studies what has been learnt from past recessions and suggests approaches for the retailer to survive during tough times.

The Global Economic Meltdown: An Analysis

-- Prof. Biswaranjan Parida

Recession is a part of the business cycle. Instead of panicking, the whole world should come together and take necessary action to alleviate the misery.

Article Price : Rs.50

Pink Slip Without Pain

-- Pushpa Kataria

This article highlights the concept of pink slips, the role of HR managers/HRD, and advises against handing over pink slips as not the only option left for organizations hit by troubled times, because, it might, in fact, do them more damage than good in the long run.

Article Price : Rs.50

Economic Growth vs. Environmental Degradation

-- Nabanita Bhuyan

The article critically analyzes the need of growth and the interface between economic development and environmental degradation. The article also analyzes whether the underdeveloped countries can allow environmental degradation to continue till they attain higher income levels.

Teaching of Management: An Experience of Learning to Teach

-- Author: lshwar Dayal
Reviewed by V Rajini

This book is an excellent treatise on the art of teaching management. The author has given step-by-step guidelines backed by personal experiences on how to develop a distinctive study of management program. The book offers honest and practical insights on the patterns and practices of imparting management education, as followed in most management institutions across India.

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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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