Tuesday, June 4, 2013

Hollywood Asians

More and more directors from the largest and most populous continent are taking a shot at a toehold in the movie capital of the world. Is this the beginning of a new invasion or just a few negligible drops in the ocean? The jury is out. By Saibal Chatterjee

The English-language debuts of two top-notch Korean filmmakers, Park Chan-wook (the characteristically evocative Stoker) and Kim Ji-woon (the action-packed The Last Stand), have been released in the recent past.

Another similar foray by their compatriot, Bong Joon-ho (Snow Piercer), is due to the hit screens around the world later this year. The last-named title is in fact tipped to have its world premiere at the upcoming 66th Cannes Film Festival (May 15-26).

In fact, reliable reports from Hollywood have it that directors of Asian descent are at the helm of as many nine major studio films this year. And that is a handful. But the question is: are these striking numbers enough to suggest that 2013 has the makings of a bumper year in American cinema for filmmakers that have links with the largest and most populous continent of the world?

Very few Asian directors have had a smooth run in Hollywood, but that has not stopped some gifted filmmakers from the continent, including such celebrated talents as Hong Kong’s Wong Kar-wai (My Blueberry Nights), Japan’s Takeshi Kitano (Brother) and China’s Chen Kaige (Killing Me Softly), from having a stab at English-language movies.

Park Chan-wook’s Stoker, a psychological thriller that is said to be heavily influenced by Alfred Hitchcock’s Shadow of a Doubt, features Mia Wasikowska, Nicole Kidman and Matthew Good. The film has been well-received by critics. The Oldboy director is best known globally for his hypnotic, stylised revenge dramas and the new film has many of the celebrated touches of his signature style of storytelling.

Bong Joon-Ho’s English-language debut, too, is being eagerly awaited. Snow Piercer, a sci-fi thriller adapted from a French graphic novel, has an ensemble cast that includes Tilda Swinton, Chris Evans, Jamie Bell, John Hurt and Ed Harris.

There are many others in the frame. G.I. Joe: Retaliation, the Channing Tatum-Bruce Willis vehicle that opened worldwide amid much fanfare in late March, has been directed by Jon M. Chu, a Palo Alto, California-born American filmmaker of Chinese origin best known for the dance-themed blockbuster Step Up 2: The Streets.

The response from critics to the follow-up to G.I. Joe: Rise of the Cobra has been mixed, but the film is a certified international box office hit, having raked in over $230 million in two weeks. The going for Chu is all set to get even better – he has been roped in to direct the He-Man reboot, Masters of the Universe, slated to go into production sometime this year.

The likes of Ang Lee, Wayne Wang (who has directed indie films and studio movies with equal success and continues to be a respected name in showbiz), Justin Lin and John Woo are markedly different from Chu in that all of them were born and raised in Asia before migrating to the US to join film schools and going on to make thriving Hollywood careers for themselves.

John Woo, the 68-year-old Hong Kong-based director whose influence on the action genre has been immense, is regarded as the first Asian filmmaker to find mainstream acceptance in Hollywood, where he worked with A-listers and made successful films such as Hard Target, Broken Arrow, Face/Off and the biggest of them all, Mission: Impossible 2.

But no Asian director has tasted the kind of sustained commercial and critical success that Taiwanese-born Ang Lee has. Twice winner of the directing Oscar (Brokeback Mountain and Life of Pi), the history-making filmmaker derives his power and appeal from his amazing versatility.

In an eventful 20-year directing career, Ang Lee has earned a reputation for springing surprises and scooping up major awards. The genre-jumping director has never repeated himself and has moved from one form to another, one theme to another, one culture to another with amazingly consistent mastery.

He is probably the only director alive today who has two Oscars, two Golden Globes, two Golden Bears (in Berlin) and two Golden Lions (in Venice) in his swelling kitty.

The only major filmmaking award that has so far eluded Lee is the Cannes Film Festival’s Palme d’Or although he has competed for it twice – in 1997 with The Ice Storm and in 2009 with Taking Woodstock.

Lee is today a global force to reckon with, one of the finest directors in the business. He is celebrated for his ability to infuse every tale he brings to the big screen with humanity, heart and deep philosophy. This hallmark of his art and craft was abundantly evident in Life of Pi.

Until his Brokeback Mountain swept all before it, he was best known the world over for the sweeping martial arts epic Crouching Tiger, Hidden Dragon. In 2000, the film redefined the world’s engagement with the colour, flourish and energy inherent in Chinese fantasy.


Another Taiwanese-born American director who has been consistently successful in Hollywood is Justin Lin. His fame rests on the action-packed Fast & Furious franchise. Coming on board  for the third film in the series, The Fast & the Furious: Tokyo Drift, in 2006, he helmed Fast and Furious (2009) and Fast Five (2011).

Lin’s fourth and final F&F film, Fast and Furious 6, is slated for release in the last week of May. He has announced that he will not be helming Fast & Furious 7. But that certainly isn't the last the world will hear of the man.

Indian filmmaker Shekhar Kapur achieved a major global breakthrough with 1998’s Elizabeth, a fictionalised account of the reign of the British Queen. The film received as many as seven Academy Award nominations – a record for any film helmed by an Indian.

Almost ten years later, Kapur made a sequel, Elizabeth: The Golden Age, with Cate Blanchett reprising the role of the Queen. But the film was neither as commercially successful nor as critically lauded.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Monday, June 3, 2013

The past catches up

The inaction on the part of Rajapaksha Government assured that Sri Lanka faced a far tougher challenge at Geneva this year than it had faced anytime before

A couple of weeks ago, the Palais des Nations in Geneva, which is no stranger to diplomatic dramas, witnessed probably the most stunning of them all in the recent years. After the screening of 'No Fire Zone', a documentary exposing the war crimes committed by its forces, the Sri Lankan ambassador to Geneva, denounced the movie and censured the UN human rights council for having given the permission to screen it in a UN building. Generally, after such speeches, the representatives and ambassadors of the friendly nations applause. Only in this case, there was a stunning silence. Considering the gathering also had substantial numbers of diplomats who were in Geneva to participate in the current session of the council that is all set to discuss Lanka's human rights record, the silence mush have been heard till Colombo.

This year proved to be the toughest for Sri Lanka as far as the diplomatic efforts are concerned. Increasingly, and more so since the last such vote took place, human rights organizations have dug up information and evidence that indicates towards possible involvement of Sri Lankan Armed Forces in committing gross violation of human rights amounting to war crimes.

It has also been suggested variously that during the most intense and final days of the war, the forces failed, either inadvertently or deliberately, to differentiate between combatants and civilians. Similarly, documentary evidence in terms of photos and footage, subject to its authenticity, also confirm that many of whom surrendered, including children, were summarily executed. However, the government of President Rajapaksha has so far refused to look into the charges. Organization such as International Crisis Group have damned the government for not even ordering a credible looking committee to do so.

The criticism is particularly severe among Tamil groups inside Sri Lanka. Tamil National Alliance (TNA), a coalition of Sri Lankan Tamil political parties which dropped the demand for separate Tamil Eelam for more regional autonomy, has time and again asked the government to take the matter seriously but for no avail.

“When the Channel 4 footage was first released, the Government of Sri Lanka vigorously opposed it. Yet the government-appointed Lessons Learnt and Reconciliation Commission too recommended that it should be investigated to ascertain its authenticity. We will co-operate with any investigation to uncover the truth. It is the truth that will lead to any kind of meaningful reconciliation and that is how the on-going violations will stop,” said M.A. Sumanthiran, a Sri Lankan Tamil leader and a TNA parliamentarian.

However, the international community has started showing signs of restlessness and is expected to come out more solidly against the Lankan position than they did last year. In the previous resolution, the US, also the sponsor of it, had to cajole some of the weak African, Asian and other Third World Nations to fall in line. This year, it did not so much as to move a finger.

Meanwhile Journalists for Democracy in Sri Lanka (JDS), a group that advocates the investigation of war crime, has claimed that it has photos indicating Balachandran Prabhakaran, V.P. Prabhakaran's 12-year-old son, in the custody of the army, alive and well just hours before his violent death. The authorities have maintained that the boy died in an exchange of fire between the forces and LTTE fighters. On the other hand, the photos that were taken at 10:14 AM and 12:01 PM on the day of his death, initially show the boy well and having chocolate, and then dead with five visible marks of bullets on his body, respectively.

“Certainly Sri Lanka’s legal framework has permitted and indeed, actively encouraged crimes such as extra judicial executions and enforced disappearances. In view of state complicity in acts of terror, it was not surprising that when national and international pressure intensified in regard to taking action against perpetrators of abuses during the second JVP insurrection, good investigations and prosecutions were rare and, if at all only against junior officers,” asserts Kishali Pinto Jayawardene, a Sri Lankan political analyst.

The government had realized that Geneva was a lost cause but was still trying to save some face. After initially deciding to send a low key delegation for the meeting, President Rajapaksha changed its mind at the last moment. Less than a week before the Council session was about to begin, the President asked Mahinda Samarasinghe, who also happens to be his Special Envoy on Human Rights, to lead the delegation instead of Ambassador Aryasinha, who, although a good diplomat, is considered a lightweight. However, the delegation consisting of 10 members was still small compared to the 50 members leviathan sent for diplomatic dealings last year.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
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Saturday, June 1, 2013

A soft dismissal

A question mark will dangle over Virender Sehwag’s career from now on, not because he is out of form but because he does not quite fit anymore into the circle of mediocrity that dominates Indian cricket today

It is hugely ironical that an uncommonly gifted Test batsman who has never had the numbers on the scoreboard in his sights now has the lack of runs being thrown at him by the national selectors as the reason for his ouster from the team.

Neither the reputation of the bowler that he was up against, nor his own batting average, has ever appeared to matter to Virender Sehwag. Now that the chips are down, even his standing as a master destroyer of bowling attacks cannot come to his rescue. Such are the ways of Indian cricket.

There has been nobody quite like Virender Sehwag in living memory, save the great Viv Richards and, to a lesser extent, Sanath Jayasuriya. One of the most explosive batsmen the world has ever known is now out of the reckoning because Murli Vijay of Tamil Nadu and Chennai Super Kings (CSK), an opening batsman who came good in the Hyderabad Test the other day after muffing up many opportunities and who has an average that hovers around the mid-30s, is being regarded as a better bet than the Nawab of Najafgarh for the demanding tour of South Africa later this year. Such indeed are the ways of Indian cricket.

Says coach AN Sharma, the man who groomed the champion: “It is really sad. I am really disappointed. Why is Viru always the only one to be axed?” The answer, dear friends, is that the men who run Indian cricket, and that currently includes the captain of the national squad, have distaste for loose cannons that do their own bidding.

Kiran More, former India stumper and ex-chairman of selectors who is always an establishment man, believes that “in the last one and a half years Sehwag has had his opportunities and failed to deliver”. He adds: “Sehwag was dropped only because of bad form. No other motives should be imputed to the move.”

Sharma, on his part, chooses to be cautious. “We all know why he has been dropped. If I say anything, it will only go against Viru.” Former India batsman and one-time chief selector Anshuman Gaekwad, however, believes that it would be wrong to say that Sehwag has been axed. “I would say he has only been rested. You do not drop a player of his stature.”
          
Viru has had an extremely rough time with the bat these past few weeks. Despite all his singular exploits of the past, he is neither Mahendra Singh Dhoni nor Sachin Tendulkar. So no concessions were made by the executioners that were lying in wait for him to slip up. Slip up he did, but to conclude that Sehwag’s days as an international batsman are over would be unfair not only to him but to the cause of the Indian team.  

Murli Vijay, who on the back of a pitiful domestic season got a hundred in the Irani Trophy and, consequently, another Test call-up, finally rattled up some runs in the second Test match against Australia. Sehwag, on the other hand, failed yet again. We could see it coming.

The very ‘bold’ selectors – empowered no doubt by the carte blanche handed out to them by the BCCI president who also happens to be the Chennai Super Kings owner – did exactly what was expected of them. They brought the axe down on Viru without even deigning it fit to look for a replacement for the swashbuckler in the 15-member squad for the next two Tests against Australia.

India is playing the final two Tests of the ongoing series with a complement of 14 players. If Sehwag wasn’t going to be replaced with another player, what was the great hurry to get rid of him? There is obviously more to it than meets the eye. A rift with the captain, a question of attitude, a palpable slowing down of his reflexes with age and the disappearance of his uncanny hand-eye coordination are among the various reasons being cited for Sehwag’s exclusion. The question is: can he work his way back into the team with so much loaded against him?

“Of course, he can come back,” says Gaekwad. “He still has a lot of cricket left in him.” Kiran More seconds that: “He will certainly come back. He is the greatest opening batsman India has ever had along with Sunil Gavaskar. He has won many matches for India. A batsman who can hit a double century in a single day will always win matches for you. Is there anyone like him on the horizon?”    
Having lost his place in the Indian Test team, Sehwag is being told in no uncertain terms that he does not fit into the selectors' plans for the future. That line of thinking is unlikely to change until Dhoni and his CSK cronies – Vijay, Ravichandran Ashwin and Ravindra Jadeja (Suresh Raina is currently out of favour) – rule the roost under a rather benevolent dispensation that gave the India captain the longest rope that a captain has ever been given in the history of cricket in this country – he lost 10 of his last 13 Test matches and yet retained the faith of the selectors. But as we said earlier, everybody isn’t born as lucky as Dhoni, not even the likes of Suni Gavaskar and Kapil Dev.

Former India skipper Sourav Ganguly, like everyone else who regards Sehwag as a special talent, did see Dhoni’s hand in Sehwag’s ouster. But he was quick to retract his statement. He may have had his reasons, but his surmise was bang on. Ganguly has, of course, asserted that Viru should have been persisted with because he is always only a single innings away from a match-winning, career-reviving knock.

But the selectors reserve all their patience for only a small charmed circle of cricketers who derive their clout from linkages forged outside the arena. They will not touch a Tendulkar even if he is well past his sell-by date. They will find innovative reasons to keep persisting with a Rohit Sharma in ODIs despite repeated failures. But they will use a completely different yardstick when the man in question is Sehwag.

So, have we seen the last of Virender Sehwag in the international arena? He was dropped from the ODI scheme of things earlier and now with his Test spot in doubt, is he out for good? On his part, he has expressed confidence that he has it in him to wrest back in spot in the Indian Test side. But as things stand, it looks a little difficult.

Sharma says the Delhi dasher would have to change his game drastically to extend his career, while More is of the opinion that he should keep playing the way he does. “I would always spend my money to watch Sehwag bat no matter what it costs,” says the former Indian wicket-keeper. “He is an outstanding batsman who is in a league of his own.”

With his long-time opening partner, Gautam Gambhir, also out in the cold, and the selectors claiming that they have their eyes on the future, it seems unlikely that Sehwag will be back in the mix unless a miracle intervenes.

Our cricket experts are obviously turning into clairvoyants who can see very, very far into the future. Sunil Gavaskar has recommended that Dhoni should continue as India’s captain until the 2019 World Cup. If Dhoni is the future of Indian cricket, Sehwag clearly isn’t.

Indian cricket has seen a few flamboyant stroke-makers in the past – the likes of Mushtaq Ali, CK Nayudu, Brijesh Patel and Sandeep Patil – come to mind, but there has been nobody who has had the kind of impact that Sehwag has had. He transformed Indian batting in a way that even Sachin Tendulkar never did.

“I have never seen a player like him in world cricket,” says Gaekwad. Sehwag has the fastest triple century in Test cricket under his belt. That innings, played against South Africa in Blomfontein, should rank among the greatest knocks ever. He got to 300 off just 278 balls. When he got out at 319, it was already the highest individual Test score registered at a strike rate of over 100. Sehwag is truly incomparable.   

The tempo that he injected into India’s batting as a Test opener – his move from the middle-order to the top of the batting line-up was an inspired one – changed the team’s approach completely in games both at home and overseas and that helped India set a platform for big conquests on foreign soil.

Indian batsmen tend to be obsessed with statistics. Sehwag has never bothered to look up at the scoreboard – or at least that is the impression he gives thanks to the manner in which he goes about his job. Remember his awesome 195 against Australia on an opening day of a Test match in Melbourne in 2003? An ordinary batsman would have opted for five carefully taken singles to get to his double century. But not so Sehwag. He sought to clear the ropes and holed out in the deep. He walked back to the pavilion as if nothing had happened, his shoulders still upright and his gait still as easy as ever.

That has been the greatest attribute of Sehwag’s game – he can take the rough with the smooth with equal composure. He has therefore often been accused of not being ambitious enough. But why would one of the most entertaining batsmen the game has ever produced worry about little things like ambition if he can get two triple hundreds in Tests and join a small club of only four players, including Don Bradman and Brian Lara?


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Friday, May 31, 2013

Deceitful Investments?

FDI inflows should be well tracked to restrict black money

Evading tax has always been a common practice among the affluent. While this may seem an off-handed primary opinion, there is no denying that traditionally, certain big business houses used to keep parallel books of accounts in order to show lower profits, and eventually evade taxes. Loopholes were easy, due to inconsistencies between corporate accounting principles and those followed by income tax authorities. But with technology, and with advances in accounting reconciliation mechanisms, the age-old practice of maintaining phantom books of accounts became futile (yes, for all our arguments, there will always be a Satyam to prove us wrong...still). Amidst all this, parking/routing money in nations where tax rates are relatively lower has become the most sought-after option to evade taxes. In simple words, corporations and individuals today are re-routing their money to their home nations via tax havens (where tax rates are generally around one per cent). The tax haven concept has always been a problem-child for developing and under-developed nations with respect to lost taxes, but has been advantageous with respect to FDIs.

A research paper titled, ‘Estimating Tax-Elasticities of FDI: The Importance of Tax Havens’ by Peter Schwarz concludes that “for US multinationals, a reduction in host country tax rates corresponds with higher FDI-stock. The estimated elasticity suggests that a one per cent reduction in host country tax rates leads to an increase of total FDI between 0.3 to 1.8 per cent, depending on the specific tax burden indicator.” A study by Blanco and Rogers shows that “less developed countries in the neighbourhood of tax havens exhibit significantly larger FDI inflows” and higher FDI flows strengthen the investment confidence level for that particular nation. In India, reportedly, around 40 per cent of FDI is being redirected from tax havens, like Mauritius.

So what should India do in such cases? The first step should be to immediately initiate researches into finding out whether India on the whole has been advantaged or disadvantaged due to tax havens. The second step should be to have a due diligence process that ensures that any FDI coming into India is through clean sources.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Wednesday, May 29, 2013

Book Review : London Company

Off the beaten path

It is interesting how popular culture focuses on certain aspects of a particular society while totally ignoring others. If popular culture was to be believed, one would think that racial dispute was the sole problem of the USA. The most that the United Kingdoms are supposed to have suffered by way racial conflict is protests of Scotland and Ireland against the yoke of England. That the UK had an equally complex racial equation with African, Asian and Caribbean  immigrants, is largely ignored.

Farrukh Dhondy’s London Company is a rare work of fiction that walks away from that beaten path. He does not talk of the terrorism of the IRA. Instead he talks of the street protests of “Ridley Road, Notting Hill, Harlesden, Brixton and elsewhere” in the heady days on the British Black Panther movement.

When Dhondy arrived in England with a scholarship to Pembroke College, Cambridge in 1964, England was going through tumultuous times. Immigrants were flooding into the country. Simultaneously, it was an age of social change. The Civil Rights movement was quickly gaining momentum. The country was waking up to sexual maturity with the sexual revolution. Several racial freedom movements, especially those across the Atlantic in America, were making their influence felt on the English shores as well.

It was such a climate in which Dhondy arrived and quickly identified his calling as an activist an writer on race issues, as he worked for   the publication Race Today. The book gives a fictionalised account of how he entered the world of activism, joined the British Blask Panther Movement and his later disillusionment with the same.

He begins at the end – with narrating an event that forced him to differ with the direction the movement was taking and his disenchantment with it. He then smoothly goes back to how he came to join the movement in the first place and his progress through it. The book is fast paced and tightly packed, reflecting well how exciting Dhondy’s life as a young Indian student in 1960s England.

London Company is the story of a rebel. Feeling claustrophobic with the norms, rules and conventions of the Indian society, Farrukh and his girlfriend Natasha move to Leicester, looking for freedom and a chance to build their lives on their own terms. Here they face for the first time an evil that they had been largely insulated from – racial discrimination. Landlords refuse them rooms, local bars refuse them service and they are directed to the Asian ghettos to live.

They are suggested to “go down to the Asian areas of town...”, for “filthy accomodations down the side street”. They get co-opted into an Indian Workers’ Association from where they get a taste of street politics, holding successful strikes and desecrating pubs in the process.

Later, the couple moves into London, joining the British Black Panther Movement, inspired by the more famous and rather militant movement of their trans-Atlantic cousins. He gets a job as a teacher and also begins to explore writing professionally. However, he is yet to find his feet on that front and rejects his own work as “fairy tales”.

As they delve deeper into the movement, inherent differnces in opinion, ideological rifts adn complexities begin to rear their heads and it is at this point that Farrukh begins to lose some of his enthusiasm.

What is particularly noticeable about the work is that Dhondy uses highly authentic idioms and description of the lifestyles of the community he describes. There is a very interesting passage where a character protests against the supposed Rastafarian pronunciation of Shakespeare as “Shek-zapeeree” saying: “I have lived three or four times as long as you among Caribbean people and I have never heard the name Shakespeare pronounced in the way you said it. You should have some respect. I know that all of you have changed your names but please don’t change Shakespeare’s.” Dhondy’s sensitivity, probably arising out of the fact that he himself was from a racial minority, is commendable.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
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
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Saturday, May 25, 2013

Herr Bose?

Netaji's ideological grounding was weak and his lack of political acumen only compounded his mistakes

The ideological commitment of any individual is best tested when he or she is pushed to the wall. Because it is here that the option to take an easy way out or strike a compromise appeals the most. And it is in such circumstances that one of India’s most prominent nationalist leaders Netaji Subhash Chandra Bose made some of the biggest strategic mistakes of his life.

Bose's tryst with Nazism and Fascism has always remained a matter of debate. Experts have variously called his decision a “tactical folly”, “lack of political acumen” and “genuine flirtation”. The truth – as always – lies somewhere in between.

Let's consider Bose's initial tryst with the ideology. Throughout the 1930s and even later, Bose's basic ideology was grounded in socialism. Sugata Bose – grandnephew of the INA leader and professor of history at Harvard – writes that Bose's differences with MK Gandhi were primarily because he thought that the latter had no plan in place whatsoever for a post-independence India. Besides, Bose’s idea that the independence movement “should depend, for its strength, influence and power on such movements as the labour movement, youth movement, peasant movement, women's movement, student's movement” was abominable to right-wingers like Vallabhbhai Patel.

Bose tried to reach out to the leaders of both Fascist and Nazi regimes in the late 1930s but without much success. Some suggest that he secretly entertained middle-rung Nazi leaders in Bombay in 1938 when he was president of the Indian National Congress (INC) for a brief period. However, his efforts to connect with Nazi forces till then were mostly based in and around the principle that an “enemy's enemy is my friend”. He certainly displayed no particular liking for the Nazi or Fascist ideology as a whole. The admiration was selective. And that was not unnatural because even Gandhi had praised Mussolini’s “care of the poor, his opposition to super-urbanisation, his efforts to bring about coordination between capital and labour”.

Around the same time, Hitler, who was clearly in awe of the British Empire and definitely wanted to have a respectful share in its sphere of influence rather than  substituting it with a German empire, saw little strategic value in entertaining Bose. “The land for us, the seas for England,” visualised Hitler. However, he did see the tactical benefit in using Bose as a chip to bargain with the British. On the other hand, Bose was sceptical of Hitler's hatred for the Soviet Union and was uncomfortable discussing it. Hitler was shrewd enough to judge that and advised him to reach an agreement with the Japanese to avoid "psychological mistakes".

Ideologically speaking, they did not particularly admire each other – at least it was not the kind of mutual admiration that Mussolini and Bose shared. In fact, during his initial tryst, Bose tried hard to have Hitler's racist references to Indians excised from further editions of Mein Kampf. The relationship grew worse as Bose had by then little appetite for racism and went as far as to rebuke Hitler at a press conference in Geneva after yet another rabid racist speech by the latter. Some historians claim that he even asked for a trade boycott against Nazi Germany.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
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
BBA Management Education

Friday, May 24, 2013

Has the 100-crore club reduced movies to IPOs?

Monojit Lahiri investigates B-town's latest, booming bimari!

Film critic, Anupama Chopra had lamented about this earlier when Sallu bhai was on the rampage with his monster hits, - Ready, Dabangg, Body Guard – but the obsession with this figure took on very sad, disappointing dimensions when recently the release of the late Yash Chopra’s swan song,  Jab Tak Hai Jaan, was completely hi-jacked by how soon this dazzling SRK-Katrina-Anushka rom-com would blast the Rs 100 crore mark; and not whether the film was the perfect ending to a filmmaker’s magnificent obsession of using love as a passionate leitmotif of all his films. Not whether SRK, despite his 45 years age, managed to wow and charm the mickey of his zillion fans with his matchless, stylised body language and histrionics; not whether the two heroines, in their own respective ways, fleshed out their roles with the sense of abandon and sensitivity demanded and not whether the Gulzar-Rehman magic, the spectacular locales and canvas out-excelled Yash ji’s earlier efforts. Whatever happened to old-fashioned movie-going experience - the thrill starting from the time the lights dimmed, submitting to magical willful suspension of disbelief right through and returning satiated and enthralled?

Even up till a few years ago, life was different. Mainstream publications and TV channels did reviews. Hits were defined by Silver, Gold and Diamond jubilees, with dazzling, glamorous parties marking the occasion, with reports splashed across film mags. Details of daily/weekend/weekly/monthly collections were restricted strictly to the ‘trade magazines’. In recent times however, this Rs 100 crore disease has spread like a fungus and today, in crass, blatant and brazen manner, First day/Weekend/Weekly collections – real or fictional – are blitzed across mainstream and film publications with depressing regularity! Has the fun and enjoyment of going to the movies reduced to an IPO-watch? Have the merchants taken over from the mavericks and magicians?

Many heavyweights of B-town share this concern. Rajkumar Hirani (Director of Munnabhai and 3 Idiots) is extremely uncomfortable with this fact and articulates it in no uncertain times. He suspects it is a chilling sign of a consumerist and market-obsessed time when people are encouraged to know the price of everything and the value of nothing! “For God’s sake, it’s not an IPO but a film! Sure I understand and am concerned about the ROI factor, but for me audience appreciation is the key. People loving your film and recommending it to others remains a matchless high. For me, the shoe-string-budgeted Jane Bhi Do Yaro, made three decades ago, is way beyond any Rs 100 crore movie because even today it is remembered, loved and given cult status.” Both Anurag (Barfi) Basu and Kabir (Ek Tha Tiger) Khan agree. Basu – returning after a big budget disaster, Kites, admitted he was apprehensive about the commercial viability of his movie. “Transforming young, hot, popular, glam stars like Ranbir and Piryanka into sexless deaf-dumb-artistic creatures could be risky. The content, too, was anti-glam. Would the audiences respond to the soul to the film? I guess I got lucky! If you go with your heart, chances are, it will find another.” Kabir agrees. “You can’t sit down with the self-created agenda of writing a Rs 100 crore film! Stupid! You have to go with your sense of self-belief. I did exactly that for Ek Tha Tiger and God was kind. It worked.” And how!


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Saturday, May 11, 2013

Be kind on the ‘ney

Stringent laws and complicated procedures are delaying the kidney transplantation process killing more people in the process

Anation like India, already severely affected by numerous pandemics, has tried to put its maximum effort to combat diseases like AIDS, polio to say the least. But amidst all these diseases, one of the largest killers in the world (even in India), the kidney disorder, has got swept under the carpet. This is in spite of the fact that in India, two deaths occur every five minutes (that translates to 200,000 deaths in a year) due to permanent kidney failure. Timely kidney transplantation is undoubtedly the only saviour for these patients but the stringent rules regarding kidney donation and lack of adequate kidney banks are acting as blockades. Sadly, unnecessary delays to get approvals for kidney transplantation in India are pushing many lives towards death.

Till today, kidney ailments are not seen as being fatal – despite the reality being completely opposite. Most of the times, the detection for the same happens at the last stage. And now, the scenario of kidney problems in India has reached a situation where it is set to damage the so-called ‘demographic dividend’ massively. Doctors estimated on the last World Kidney Day (March 8, 2012) that anywhere between 200,000 and 400,000 people develops end-stage kidney disease (kidney failure) every year in India. In the same light, the National Kidney Foundation of India projected that 100 people in a million suffer from kidney diseases in India. As per the Multi-Organ Harvesting Aid Network Foundation, merely 3000-3500 kidney transplants take place every year as against 150,000 requirements. Out of all transplants, only 5% come from brain-dead patients while the rest are contributions from healthy donors.

Of course, the recent years have also seen the illegal kidney transplant racket growing. The infamous kidney racket scandal in Gurgaon is a case in point. Several reports highlighted that hundreds of poor labourers had been duped or forced into donating organs to wealthy clients, including foreigners. The government subsequently took the professed noble initiative to protect them and the rules governing unrelated kidney transplant became very stringent since 2008, following an amendment to the Transplantation of the Human Organs Act, 1994. The law states that “only medically compatible relatives are permitted to donate organs.” However, “non-related and willing live donors can supply a part of themselves by reason of affection or attachment towards the recipient or for any other special reasons, provided that the transplantations have the approval of the Authorisation Committee, established under the Act.”


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
For More IIPM Info, Visit below mentioned IIPM articles
 
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Thursday, May 9, 2013

It is critical for organisations to adopt a scientific approach

It is critical for organisations to adopt a scientific approach to understanding how they can meet customer needs, and to firmly ingrain a customer-focused culture throughout the organisation

1. Make a list of the values you’d like your company to exemplify. Then, examine your current culture, and ask yourself if those values are apparent in your company and driving your everyday efforts. 2. Before you can convince your company’s end customers of your focus on satisfaction and service, you need to convince an even more important customer audience – your internal customers – the employees who represent your company to the world. Talk with all your employees about corporate values and ask for input and suggestions. 3. Customer focused companies constantly seek and document feedback. They have a system to analyze and feed this information back into the loop so that response is immediate and not an annual feat 4. A strong customer orientation also demands that the company treats customer complaints positively. They not only make toll-free numbers and helpdesks available, but also staff it with knowledgeable people to work on them. 5. This means that they get back to these customers within an acceptable time frame So how does one tell if the customer is truly on your side? Most companies survey their customers in some way, shape or form – formally or informally. After decades of forms, interviews and focus groups, studies have shown that in gauging a particular customer’s overall satisfaction, a single question is needed to provide a fairly accurate answer: “Would you recommend us to your family, friends and colleagues?” If the answer is “Yes,” you are meeting or exceeding that customer’s expectations; if it’s “No”, it’s time to get to work.

It’s important to have carefully defined, written standards for a customer service-centric culture. Don’t be afraid to keep raising the bar; after all, that’s exactly what your competition will be doing. By visibly measuring – and rewarding – superior customer service, you’ll establish it as a top priority in employees’ mindsets. By holding associates accountable for the agreed-upon standards, you’ll build a high level of trust—one from which your customers will ultimately benefit. At the same time, it’s important to take advantage of “coachable moments” when employees occasionally fail to meet established standards. Don’t “blame”, but just analyze the situation and offer encouraging, constructive feedback. In time, your employees may actually welcome the occasional complaint as an opportunity to improve service.

Globally, companies like Apple and IBM have reaped rich rewards by being customer focused. In India, Microsoft aims to become relevant to the country’s one billion population; it made a start by introducing the Windows 2000 and Office 2000 range, which supports Hindi/ Devanagari and Tamil scripts. In 2001, it launched the Office XP and Windows XP, which supported 11 Indian languages. It also launched Project Bhasha to promote local language computing in 2003.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
For More IIPM Info, Visit below mentioned IIPM articles
 
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Wednesday, May 8, 2013

20 years of change after Rajiv Gandhi

Known as one of the brightest stars in Indian politics, Rajiv Gandhi’s assassination shook up the foundation of the Congress party. A documentation of how his death reversed fortunes of the party, and dramatically altered the Indian political scenario...

Twenty one years ago on May 21, 1991, a bomb explosion killed Rajiv Gandhi, while he was campaigning for the Congress party in Sriperumbudur, about 40 km from Chennai, on the second day of the 10th Lok Sabha elections. [Rajiv who had served as the PM of India between 1984-89 (at the age of 40 – he was the youngest ever PM of India) is till this day regarded as perhaps the most charismatic figure that ever took the stage of Indian politics.] The sudden, premature demise of Rajiv not only shocked the world, it also marked an end of an era that saw India being led by the Nehru-Gandhi dynasty for all but five years since independence.

Though nobody took immediate responsibility, the attack was blamed on Rajiv’s arch enemies, the LTTE, that was fighting for a separate homeland for the Tamils in Lanka. Rajiv could not contain the political problems afflicting India, and found refuge in international entanglements and commitments. He committed the so-called Indian Peace Keeping Force (IPKF) to Lanka in July 1987 in an endeavour to help the government there to eradicate militants agitating for a separate Tamil homeland. [The IPKF had to be withdrawn in 32 months.] His period in office was marred by scandals and allegations of corruption on so huge a scale that he undoubtedly lost the election of 1989 partly on account of public perception. The Congress suffered an electoral defeat. His successor, V. P. Singh, could not hold office for long, and Rajiv started campaigning in earnest in 1991. But then, his assassination put an end to his half-finished political career.

Most people remember Rajiv as a visionary who encouraged foreign investment, a freer economy and rejuvenated his own party. “People had sympathy for Rajiv. He was not aware of the problems of the people at the grassroots level. However, he was a very dynamic person,” recalls Mohan Dharia, a former Union Minister who had served in the Indira Gandhi cabinet, but resigned on his differences with her ideologies. He remembers Rajiv as someone who wanted to modernise India.

When US denied to give India the technology of supercomputing, it was Rajiv who encouraged the creation of the indigenous Param Super Computers. Agrees Dr. M. P. Narayanan, former Chairman of Coal India (1988-91), who says that with the demise of Rajiv, India not only lost a visionary, but a receptive and encouraging human being. “His leadership style was such that would even allow mid-level officers to walk up to him and he would listen to their ideas. I wonder if subsequent PMs have ever found time for that,” he says.

Rajiv’s vision for India was that of a modern nation that takes full advantage of technology. We’re living his vision today. Says political observer Suvrokamal Dutta, “Many people believe that it was Narasimha Rao that initiated the globalisation process. However, it was Rajiv who created the ground for that process. He was also working on various missile treaties with Western countries.” Rajiv’s other revolutionary move was to lower the voting age to 18 from 21 years in India. Having said thus, it is important to note that Rajiv’s political career also became mired with allegations and scandals. The Bofors scandal is an unsettled blot on his otherwise glorious career. It cost him three-quarters of his MPs.

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Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
For More IIPM Info, Visit below mentioned IIPM articles