IIPM International: January 2013

Tuesday, January 22, 2013

Mr. Obama, can you really be an ‘honest broker’?

Mere rhetoric can fall flat unless Obama moves in fast to repair the Middle East

Humanity has heaved a collective moan of relief since their contender has won the US Presidential election. Poll after poll in numerous countries confirmed that if they could have voted, Barack Obama would have polled even more of a rout than he received in the just concluded election. And why was Obama the world’s candidate? Quite plainly, people feel they can talk to him. Individuals around the globe associated with Obama as they perceive him as a gentleman of dialogue, not a hoodlum of dictates. And after years of the haughtiness, bigotry, and unilateralism of the Bush regime, this came as a gust of fresh air. And voters in the United States should be proud of themselves for overcoming the terror and racism that had so subjugated their civilisation since time immemorial. It was time and again stated that America was a racist nation and would by no means elect a Black president. Well, now they have done it, so a new day has surely dawned.

However, one needs to be cautious while expecting a drastic change in US (read ‘Obama’s’) policies post-elections. The Middle East has endured great pains over the last decade due to the Bush regime’s lopsided and unreasonable policies. Palestine, Iraq, Lebanon, and Afghanistan faced contemptuous assaults by the US and Israeli armies.

The Palestine question is still unanswered and it is still not apparent if the US military will pull out from Iraq and Afghanistan. Thus, Obama will have to move towards the populace of the Middle East in a reasonable conduct and make hard work to put up assurances. In the last eight years, the people of the Middle East witnessed more prejudice and absolutely lost confidence in US officials, whose standing has fallen to an unsurpassed low in the region. And the gone-astray confidence cannot be reinstated by rhetoric. Obama ought to put the Middle East conflict on the peak of his foreign policy programme and make serious and honest efforts to locate a just resolution for the never-ending crisis.

Read more.....

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Saturday, January 19, 2013

Work at making inequity in education history...

Learn priceless lessons for life as you teach the lesser privileged children and work at making inequity in education history...

While such exemplary initiatives clear off the hurdle of requiring mandatory degrees and qualifications for imparting knowledge, there are a growing number of recession-hit stressed professionals across the world who are increasingly seeking solace and satisfaction in teaching courses and jobs.

A recent study by a UK-based school workforce training organisation TDA, (Training and Development Agency for Schools) found that enquiries for teacher training have gone up by 50%, that too by people with banking, legal, architectural and management backgrounds. The research found that most people do not anymore consider holding a high-status management job as important, but are looking for meaningful work with manageable stress-levels, which allows more time for pursuing leisure activities.

In India this trend is quite common among women, though for different reasons. Reema, a primary school English teacher in Delhi says, “I have done my MBA from Symbiosis, Pune and have worked as an HR professional for long. But my growing-up daughters needed more of my time and I couldn’t handle the pressure of running the house with a managerial job, so I opted for teaching. Whatever were the reasons, today, I think, I go back home with a sense of accomplishment and not stress about tomorrow’s schedules.”

Though majority of India’s education sector would continue to see this trend of bias for teaching profession, there are a growing number of World Schools that are hiring people who can blend their experience and team management skills with academic knowledge. But such schools too are only for the privileged few. For improving young lives like that of Sudhir’s, we need more Indians to come forward for initiatives like ‘Teach for India’, so that the rest of India can also be privy to world-class educational standards.

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Friday, January 18, 2013

Who moved my comics?

Only a superhero can rescue comic-book artists from becoming casualties of the animation industry...

Concerts, exhibitions, artwork and a display of acrobatics by none other than the elite fighter pilots from the French Air Force marked the celebrations of 50 years of France’s unique cultural export – Asterix and Obelix! As the French went all out to celebrate Asterix and Obelix’s birthday, their 34th comic book “Asterix and Obelix’s birthday – The Gold Book” was also launched. It’s been a while since a comic book created such a stir in our country. The spotlights have been fixed on the animators churning out exciting new films, and cartoons for television, which have all perhaps contributed to reducing children’s interest in comic books. Having sold 325 million copies of Asterix and Obelix comics, its co-creators René Goscinny and Albert Uderzo are the best-selling authors of France. But in India, do comics even have an audience today?

“Channels like Cartoon Network and POGO have impacted the reading habits of children. They love to see the heroes on the small screen rather than read comic books,” opines V.G. Narendra, Managing Trustee, Indian Institute of Cartoonists. So, will it be a rare sight to see a kid spending his/her summer holidays reading comic books? Creator of perhaps India’s most famous cartoon character – Chacha Chaudhary – Prem doesn’t subscribe to the popular gloomy view about the comics industry’s future. “There was a set-back about a decade ago, due to television and other electronic media. But once again comics are coming up and their sales are increasing. This is also the effect of television and other electronic media. Like the sales of Superman and Batman comics increased because of the films, which also ended up giving publicity of the printed comics.” He has experienced the same effect with Chacha Chaudhary and relates how after a few episodes of ‘Chacha Chaudhary’ had aired on Sahara TV, there was a noticeable surge in its sales. “Both mediums are helpful in encouraging the market for each other. Now cartoons and comics are appearing on mobile phones and on the Internet, and films too are being produced.”

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Wednesday, January 16, 2013

When giants are in conflict

After being completely exhausted by the packed traffic, when I finally managed to reach the Chinese embassy in New Delhi just a minute before the scheduled time of the meeting with one of the embassy officials, I found him waiting for me with seven books, documentaries and write-ups on China’s progress, relations with India, the Tibet issue and many more. Without giving me a chance to utter anything, he started speaking on all possible issues associated with India with proofs and statistics which made me feel that Chinese believe in statistics. However, be it at the personal, trade or diplomatic level, there is always a lot of speculation, doubt and uncertainty when it comes to the relationship between Chinese and Indians. Both consider each other friends – outwardly – while behaving as enemies from inside. B&E tries to explore the unique relationship in Chinese words. Here is what China has to say about its friendly enemy India, in a friendly healthy discussion. Some excerpts:

“5 things we appreciate about India...”

CULTURE & BOLLYWOOD: India is culturally very rich. Such a diverse society still united without much chaos and hesitation - that is a remarkable achievement for a country. Moreover, one of the best things China appreciates and Chinese are becoming crazy about is the emergence of Bollywood and popularity of Bollywood actors in China. Indian stars and celebrities are regularly coming to China to perform. There is a huge popularity of Indian movies and movie stars, which is gradually increasing. Raj Kapoor’s films (especially “Awara”, “Sangam” and “Mera Naam Joker”) still have much influence in China. Shahrukh Khan is very famous among Chinese fans.

RELIGIOUS EXCHANGE AND PILGRIMAGE: It is one important aspect of the relationship and has great potential. If the hotel rates are lowered and traffic improved, lakhs of Chinese tourists will come to visit Buddhist sites like Nalanda, Varanasi, Aurangabad. Buddism might have been born in India but it is highly practiced in China today. Hence, the places which Buddhism is associated with are considered pious land for the disciples. Recently, many Chinese scholars visited Nalanda, Arunachal and many other places to explore the undiscovered history of world’s one of the famous and practiced religions.

QUALITY OF INDIAN DOCTORS AND HEALTH PRACTITIONERS: China perhaps could not forget the sacrifices and contributions of Indian doctors for their country. Dwarkanath Kotnis, the famous Indian doctor is an example for the same for whom the Premier Wen Jiabao himself came and delivered a commemoration speech in his praise and in memory of many other Indian doctors who are selflessly contributing to the Chinese health care system. Chinese people are still grateful to those Indian doctors (Dr. Kotnis, B.K.Basu, M. Atal, M.Chilkar, D. Mukerji) who came to help China while we fought Japanese invaders in the 1930s. That’s why President Hu Jintao and Prime Minister Wen Jiabao went to visit relatives of Dr. Kotnis in Mumbai when they came to India.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Tuesday, January 15, 2013

Kirill on a mission

Is it the Orthodox Church that Putin is using in his new diplomacy?

For the uninitiated, ‘Patriarch’ Kirill, the newly elected Patriarch in Russia, is alleged to have been and to still be a KGB agent. He has been very successful and influential in diplomatic issues, more regional than global. He succeeded to lay down the foundation of Orthodox Church in Cuba and Venezuela, where he is alleged to have secret political dialogues with top level diplomats like Fidel Castro. He is also one of the richest Russians in Russia with a personal wealth over $4 billion. Compare that with the Pope: rich, yes; millionaire, surely; but billionaire? (Even the Vatican operates on a budget deficit these days; one guesses after the billions of dollars payouts globally on child abuse cases).

For the initiated, Russian neighbours including Ukraine are not ready to accept Russia’s presence and domination in their territory. On a key multiple tier diplomatic level, Russia desperately needs to keep its existence and influence in the neighboring states for its economic benefit and to retain supremacy. Thus, as it has exhausted all possible options, Prime Minister Vladimir Putin is now all set to launch another contrivance to resolve political and diplomatic issues with its neighbours – the Russian Orthodox Church. Putin is trying to use the Orthodox Church quite cleverly, with the recent visit of Patriarch Kirill to Ukraine evidence of the same. Analytically, the 10-day visit of Kirill to various churches in Kiev and other cities of Ukraine might not seem very successful at the political level on the face of it, but it seems to have laid down a strong positive foundation in the minds of the common Ukrainians with respect to acceptability of anything Russian.

Religion, especially the Christian Orthodox faith, has been very influential in the region, especially in countries like Ukraine, Georgia. About 17.3% of the Ukrainian population is of Russian origin. In addition, the long history of Christian faith binds people of these countries in common terms.

Read more....

Monday, January 14, 2013

Africa is just an ‘mtn’ away

Having achieved 100 million customers in the Indian market, Sunil Mittal is betting big on the MTN deal to create a Global Conglomerate, says Surbhi Chawla

The Indian telecom industry – reckoned as one of country’s burgeoning sunrise sector continues to leapfrog with 10-11 million subscribers being added every month all through the year gone by. And it comes as no surprise that Bharti Airtel continues to be the undisputed leader of the telecom pack by standing tall with 105.18 million subscribers as its share till July 2009 (according to COAI). While the world was battling with the economic turmoil with most companies witnessing massive erosions in their market capitalisation, Airtel has been seemingly untouched. Its market capitalisation in fact increased yoy to Rs.1,559 billion (as on August 18, 2009) compared to Rs.1,454.55 billion a year ago. Key growth indicators, revenues and net profits too have amplified by 36.77% and 26.40% in FY 2008-09.

However, given the tough economic conditions, achieving such figures has certainly been strenuous for Airtel, with Sunil Mittal demanding that the company be measured vis a vis the investments it has made (Rs. 700 million) in hard infrastructure rather than just cash flows (which are still in the negative) and profits. Add to it the fact that the landscape of the Indian telecom industry has transformed dramatically in the last two years making it increasingly competitive with a slew of new operators like Aircel coming in.

Even the existing operators like Vodafone Essar Ltd., Idea Cellular Ltd, et al, have started expanding the number of operated circles. This in the background of the ever existing and bloodying price war that all operators have played from time to time; a war that resulted in pressure on the Average Revenue Per User (ARPU). Airtel, for its bit to maintain the flow of subscribers, expanded its reach in the rural segment to tap the customers that lie at the metaphorical middle and bottom of the pyramid and ensured that it’s revenues were not impacted as it was backing on value added services (VAS).

Read more.....

Thursday, January 10, 2013

“ We invested before time”

B&E: What factors have worked for you in India?

VT: We have been in the Indian market for 14 years now, and believe that our foresight and belief in the country and commitment to the telecom market, along with work with the government have helped grow the telecom industry. Nokia devices today straddle a comprehensive range of products at every price point for all segments. India is not only its second largest market globally, but is also one of the only three countries, where Nokia has an end-to-end presence, including a manufacturing unit, R&D centres and over 10,000 employees.

B&E: What strategy did you adopt in the initial days to help you penetrate the Indian market?

VT: Nokia had a holistic approach towards developing the market and growing its consumer base. Our strategy has hence been focused on investing before time, understanding different consumer needs, building a strong product portfolio that caters to all segments of the market and making our products and services relevant to the Indian market. We were the first to invest in setting up a robust distribution network, to understand the potential of having an effective after sales network. Today, our reach and scale is amongst the best in consumer durable industry, let alone handset industry. Nokia has 1,90,000 outlets and a retail point for every 20 sq. km and 800+ centers across 400+ cities.

B&E: What, according to you, are the biggest strengths for Nokia India ?

VT: One of our greatest strengths has been our power to localise our products and services. In India we have used our understanding of the Indian consumer to create handsets, applications and services that answer the needs of the consumer and deliver value.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

The ‘welch’ of innovation

Bringing technology to the bedside of patients and ensuring that it fits the pocket size of the poor is bearing fruits for GE Healthcare in India

“You have just got to constantly focus on innovation. And more competitors. You’ve got to constantly produce more for less through intellectual capital. Shun the incremental, and look for the quantum leap.” These words of Jack Welch would still be resounding in the hearts and minds of GE employees long after he quit the hot seat. And the spirit is visible in the way GE Healthcare has developed a strong business model in India. “In India, for India” may sound a bit queer in the context of the $35 billion (expected to reach $75 billion by 2012 and $150 billion by 2017) Indian healthcare industry, which is struggling to make its offerings more accessible and affordable to the common man. But then, that’s where General Electric (GE) Healthcare India plans to make big money and as such, has been focusing upon “bringing technology to the bedside of the patient and to fit the pocket size of the poor.”

For the $17 billion global entity (GE Healthcare), the mission to take modern healthcare to semi-urban and rural India certainly seems to be an ambitious one. But, considering the 15-17% annual growth rate with which the $3 billion medical equipment and devices market in India is galloping ahead (expected to reach $4.97 billion by 2012), the imagination, to a certain extent looks like a healthy one. However, here lies the catch! Given the fact that the propensity to pay is much lower in India, the domestic market in all probability will offer lower profit margins. So, how can GE Healthcare India, which contributes to about 3% of the parent’s topline, remain competitive in the long run?

Read more....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Wednesday, January 9, 2013

They came, we saw and everybody reviewed!

An ad is a product of painstaking craftsmanship. Various elements, ranging from positioning of the product, clarity of the idea behind the product to visibility of the brand, its persona and the power of communication have to be intelligently weaved together. But while some ads manage to rewrite preset creative benchmarks, some go the wrong way, fall by the side & fail to excite viewers. In this section, we review three ads that came out tops, for the right and the wrong reasons this fortnight.

Traditionalists in disguise

Advertiser: Cycle Pure Agarbathies
Baseline: Phir Bhi Dil Hai Hindustani
Agency: Cut the Crap

4Ps B&M Take: Incense sticks or agarbathies have traditionally been very low-involvement products with impulsive purchase behaviour ruling consumer sentiment. So to actually spend money advertising an agarbathi brand may seem like a total waste to many. But Cycle brand of agarbathies owned by Bangalore based NR Group defies conventional logic in the segment. One of the first branded movers in the segment - they have painstakingly sought to acquire a premium image in the segment. Their latest offering is smart, slickly crafted and has a totally non-traditional storyboard which manges to strike a chord with the urban consumers. A series of cuts depicting a seemingly rock-culture crazy guy getting dressed (complete with leather pants, a star-spangled bandana and the compulsory guitar as an accessory) in the morning, overlaid on a snazzy remix of the classic ‘mera joota hai japani’ number. And as soon as the song veers towards its ‘phir bhi dil hai hindustani’ ending, out pops an incense stick and the young chap lights up an incense to perform the customary puja before leaving home. Smartly done, no over-acting and most pertinently, establishing an emotional connect with the target audience. After all, who cares if we are in the 21st century, or how modern and techno-savvy we are, most Indians would still light the traditional lamps before the gods and goddesses that be before they venture out of their homes for the day. The baseline captures the mood perfectly; the recall factor is high in part because of the touch-your-heart concept and also because of the hum-able remix of the classic Raj Kapoor number. Evokes a giggle, sometimes a laugh and chances are that you would not forget the brand of agarbathies either!

Read more.......

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Tuesday, January 8, 2013

Advertisement trends 2012

Internet’s rapidly growing dominance in the ad space is not something new. But the way smartphones have helped digital marketing to snatch market share from traditional platforms is worth a look, more so when print seems dead; and TV, though having the largest share, lacks growth. No doubt, digital has started getting the better part of marketing budgets, but the question remains, is it worth the expectations? For now, it’s going strong and pulling in the Ads.

TV going steady... not strong

After the Internet, the main contributor to global ad growth is television, which is expected to supply 41.1% of new ad dollars between 2011 and 2014. Television’s share of the global ad market has risen steadily over the last few years and Zenith Optimedia expects it to end this year with 40.4% of all ad expenditure, up from 37.0% in 2005. The amount of time viewers spend watching television has increased, and even though viewers are presented with a wider choice of channels than ever, the biggest television events are attracting record audiences. Newspapers and magazines, however, have been declining constantly since 2007.

Displays high on Online videos

The Internet continues to grow much faster than any other medium, at an average of 15.9% a year between 2011 and 2014. Display is the fastest-growing segment, growing by 18.9% a year, driven mainly by online video and social media. Streaming video ads are burgeoning extremely quickly, thanks to the emergence of do-it-yourself tools that have allowed local advertisers to enter the market. Paid search is growing by 15.7% a year, but its growth is being slightly restrained by the shift in search behavior from desktop to mobile devices, where costs are currently lower.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Monday, January 7, 2013

IRAN/KOREA: DISSIMILARITIES

Iran can’t be treated like N.Korea

Iran believes in socialistic capitalism – Iran has 10% of world’s oil reserves, and commands production respect. Iran has a gigantic economy with its GDP at a staggering $0.82 trillion (in PPP) which is 20 times that of North Korea’s lopsided GDP of $40 billion; lopsided, because there are almost no small businesses allowed in North Korea, an essence of growth. Most importantly, Iran is witnessing a political transformation with the recent open protests, which clearly not only showed that such open protests are ended by negotiations and legal arrests and not by massacres (as happens in North Korea), but more importantly also show that there is a burgeoning community within Iran that is not anti-Obama and is looking forward to him to make a difference. This is unlike North Korea, where generations are still being fed anti-US rhetoric by the Kim Jong clan, and free media is a sham.

Obama has to treat Iran better than Korea. Most because the seemingly religious Islamic Republic of Iran is supremely democratic; and the seemingly people loving Democratic People’s Republic of Korea is supremely non-democratic!

Read more....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Saturday, January 5, 2013

That’s what friends are for?

A Tokyo firm rents fake family and friends for weddings, but the trend is not exactly alien to us Indians...

It’s that time of the year in Japan, the time when people decide to take a wife (or husband); but while Japanese weddings have a very similar tradition to India’s – being a formal event that must be attended by as many family members, friends and colleagues as possible – there’s a distinct yet a very recent trend in India that remains largely unheard of. Astounding as it may sound, a Japanese firm actually offers fake family and friends for hire at weddings!

At a typical Japanese wedding, one can find the boss, of either partner, give out a speech, the co-workers staging a performance and family members at their hospitable best, welcoming the guests… a regular Indian fare you’d say; but one can never tell if that smile is genuine or fake (from a hired relative).

Office Agents, the firm that rents out guests maintains that their services come in handy when some important guest is unable to make himself available for a function, or there is a huge number difference between the guests of the couple. Also, temporary workers, a trend prevalent across Japan, may not always be comfortable inviting the boss for various reasons, so these guys fill in instead.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Friday, January 4, 2013

Are you Game for the Big Game?

If you feel like unfolding the magic of a perfect vacation at your own pace then Port Elizabeth welcomes you to taste the best of wines, live in a vineyard hotel, encounter sharks, whales and penguins, get up close and personal with some rare wild animals, relax on a serene picturesque beach or sweat it out by hiking on a mountain. Port Elizabeth is soothing and energising at the same time due to its unhurried lifestyle. It may sound like a whirlwind trip, but in South Africa an entire catalogue full of adventure is at your sweet disposal.

Explore the wonders of this place and unpack your dreams one by one. Port Elizabeth is a heady concoction of a variety of fun activities to choose from. Explore the King’s beach, which is also famous for its flea market. For those who like to try their luck, must visit The Boardwalk, which has the best of casinos, eateries and shopping outlets. A holiday is incomplete in Africa without a visit to the wild. After stretching out at the beach it’s better to doubt your wisdom each time you come a bit too close to wild cats...!

Read more....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Thursday, January 3, 2013

NEPAL: POLITICAL TURMOIL

Nepal needs stability, but Maoists are having other thoughts

Their alliance partner CPN then withdrew support in protest against the Chief’s sacking.

Nepal expert Swarn Kumar Anand says, “It looks as if the Maoists were in a hurry to incorporate their men in the army and in the process isolated the President and Army Chief. They should understand that Nepal is a fragile democracy and it will take time for things to settle down.” It seems from this stand off that the Maoists have more interest in grabbing absolute power and not in the restoration of democracy.

If Prachanda and his men have faith in democracy as they claim, they should help other parties form a government so that Nepal can come out of limbo. That is if he wants democracy to truly thrive in Nepal.

Read more......

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.