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Management

MBA Review  



February'08
Regular Features
  • Business Management

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Multiple Intelligence Theory : Budding Intellects in Academics
MBA Teaching : Pedagogy
Make Them Learn : An Innovation in Teaching
Business Schools and Business : The Gap
Telecom Industry : Caught in a Spectrum Crunch
Wind Energy : A Promising Future
Young Entrepreneurs : Alive and Kicking
Getting Organized for Improved Performance
Interview Skills
The Cowboys of Wall Street : Understanding Hedge Funds
Empowerment : The Mantra of Modern Management
Web Mining and Text Mining
It Happened in India : The Story of Pantaloons, Big Bazaar, Central and the Great Indian Consumer
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Multiple Intelligence Theory : Budding Intellects in Academics

-- Krishna Deb

Intelligence is sometimes innate and sometimes it depends on the culture and environment in which a person grows up. But intelligence can be developed. In order to prepare our students to face the obstacles of professional life, they need to be constantly bombarded by a variety of challenges.

Article Price : Rs.50

MBA Teaching : Pedagogy


-- Bholanath Dutta

Ever since the inception of management education, efforts have been made to have a comprehensive pedagogy for management subjects and in the process many models were also developed by management experts. These models primarily involve the teaching/learning process which includes various internal and external factors of the institution. Pedagogy differs from institution to institution. However, while deciding on pedagogy, it is necessary to focus on all the stakeholders, i.e., teachers, students and industry. In this article, the author shares his own experiences in teaching management subjects and his opinion on further discourse.

Article Price : Rs.50

Make Them Learn : An Innovation in Teaching


-- Mukesh Srivastava

This article presents an innovative way of teaching where students are left in the self-learning mode after they have been shown the right path.

Article Price : Rs.50

Business Schools and Business : The Gap


-- Surajit Ghosh Dastidar

This article highlights the gap between current business practices and what is being taught at business schools. It traces the evolution of the MBA program from "Corporate-based Era" of the 1900s to the MBA program as we know of today. It also gives a glimpse of the evolution of management education in India. The article then draws our attention to the shortcomings of existing business education in terms of what corporate recruiters are looking for and what business schools deliver.

Article Price : Rs.50

Telecom Industry : Caught in a Spectrum Crunch


-- V Venkateswara Rao

Though India has attained the status of one of the world's biggest telecom providers, the quality of mobile lines still depicts a gloomy picture. Its unbalanced spectrum allocation policies and messy planning have acted as an obstacle to wireless telecom services.

Article Price : Rs.50

Wind Energy : A Promising Future


-- Deepika M G

The latest technological advancement and research in the field of wind energy paints a very promising picture. A few groups working in the US, the Netherlands and Canada are on their way to set up `wind farms' which would have installations towering 9 km up in the sky. As per their estimates, 1% of wind energy at high altitudes can meet all the energy demands of the planet. This would come as a breath of fresh air to power-deficit countries such as India, where growth in wind energy for the last few years has been quite promising.

Article Price : Rs.50

Young Entrepreneurs : Alive and Kicking


-- N Vijaya Lakshmi

Inspired by the success stories of Bill Gates, Michael Dell, etc., more and more youth are being exposed to entrepreneurial thinking, making the entrepreneurial career path a more frequently-traversed one among young people.

Article Price : Rs.50

Getting Organized for Improved Performance


-- Vikas Shrotriya

Adhering to schedules and achieving goals in a cost-effective manner are critical for survival and growth of any performer. It is really necessary to identify the causes of inefficiency and get organized in order to enhance efficiency. Getting organized saves on limited resources and enables efficient performance. Organizing things alleviates work stress and gives relief from the fear of underperformance. It also makes the decision-making process effective. This article discusses the ways and means of getting organized in order to improve performance.

Article Price : Rs.50

Interview Skills


-- MS Rao

Why do applicants get rejected at the interview stage? What is the difference between employability and unemployability? All these questions have been addressed effectively and efficiently in this article. The basic definition, types and dos and don'ts of the interview are explained. The entire interview session process is divided into three phases such as pre-interview session, during interview and post-interview session. The probable questions which are likely to be asked and the tips during the interview are adequately addressed. This article is beneficial to those who are on the lookout for a job and also for those employees who want to change their jobs.

Article Price : Rs.50

The Cowboys of Wall Street : Understanding Hedge Funds


-- Annam Anand

Hedge funds are risky and aggressive investment vehicles. All hedge funds are not the same and it is important to understand the differences between the various hedge fund strategies to understand the concept of hedge funds thoroughly.

Article Price : Rs.50

Empowerment : The Mantra of Modern Management


-- VM Sudhakaran Nambiar

Though empowerment of the workers was not an accepted idea in the initial days, in today's competitive world organizations have accepted it as a measure to curb talent-drain. The success in performance made the top level managers include empowerment as one of the strategies to achieve better goals. With this, more and more areas have been selected for empowerment by various organizations. The success or failure of any program in an organization noticeably depends upon the initiative and involvement of top managers. This article is an effort to emphasize the empowerment concept and its benefits.

Article Price : Rs.50

Web Mining and Text Mining


-- Deepali Dave and Veena Bhat

This is a conceptual article compiled to contribute towards imparting a comprehensive outlook and improved understanding of web mining and text mining. It delves into topics like what is web mining, necessity of web mining, techniques of web mining, relationship between web mining and text mining, real world text mining examples as well as the future applications of text mining.

Article Price : Rs.50

It Happened in India : The Story of Pantaloons, Big Bazaar, Central and the Great Indian Consumer


-- Authors: Kishore Biyani with Dipayan Baishya
Reviewed by Lopamudra Ghosh

It Happened in India : The Story of Pantaloons, Big Bazaar, Central and the Great Indian Consumer is an autobiography of Kishore Biyani. In this book, Kishore Biyani explains lucidly his journey from being a simple middle-class boy to becoming the `Rajah of retail'. He provides relevant examples to emphasize the point that by keeping things simple his organization scaled great heights. This book not only incorporates the insights of Kishore Biyani but it also shares the experiences of different people who had played an important role in his life.

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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