|
COVER
STORY
Bank
of Baroda
- - Dr. Anil K Khandelwal
The
Bank of Baroda has been in the news for its transformation
process as well as for adopting the new logo recently. This
issue presents an interview with Dr. Anil K Khandelwal, Chairman
and Managing Director of Bank of Baroda, in which he discusses
how the Bank has created a brand image for itself and its
future plans.
©
2006 IUP . All Rights Reserved
FINANCE
Investment
lessons from top two billionaire CEOs
- - Rajnandan Patnaik
Financial
investment prescriptions have long held the attention of readers.
In fact, even with a large number of `investment dos and
donts and `investment checklists, successful investment
is still as elusive as ever. In our quest for guidance for
successful investments, we are only gathering guidelines but
doing very little to reflect on each of them. This article
is an effort towards a careful reflection of financial investment
basics. It seeks to look into the investment thoughts, actions
and strategies of two of the richest billionaire CEOsWarren
Buffet and Prince Alwaleed Bin Talal Alsaudwho made it big
through financial investments.
©
2006 IUP . All Rights Reserved
BPO
BPO
in Sri Lanka : Prospects, problems and challenges
- - Prof. T Venkat Ram Raj
Formerly
known as Ceylon, the land of gems is attracting the attention
of the BPO world. The father of BPO in Sri Lanka, Kris Canekeratne
along with other BPO gurus in India and with the support of
the local government is working hard to build a strong BPO
base in Sri Lanka. Learning from the success story of India,
the policy makers and other stakeholders are aiming at making
Sri Lanka a very attractive BPO destination. The article provides
insights into the prospects, problems and challenges of Sri
Lankan BPO sector and offers a few suggestions to select stakeholders
how to design a better future for the sunrise sector.
©
2006 IUP . All Rights Reserved
BPO
Financial
services outsourcing to Indian BPOs
- - Harsh Bhargava, Devesh Choudhary
This
article attempts to explore the various aspects of banking
and financial services segment of the Indian BPO industry
and provide insights into the kind of financial services that
are being offered, the manner in which they are executed and
the prospects of moving up the value chain.
©
2006 IUP . All Rights Reserved
CORPORATE
STRATEGY
Soaring
ambitions : Indian companies move to become MNCs
- - Pranay Kumar, Paayal Desai
In
February 2006, Dr. Reddys announced acquisition of Betapharm
for $ 572 mn. During March 2006, Ranbaxy made encore by announcing
a couple of major acquisitions in Europe. These amply demonstrate
the growing confidence of Indian companies towards the process
of becoming MNCs. With each passing day, the trend is gaining
momentum. Today, it is not limited to pharma alone; companies
in IT, Automotive Components, consumer durable and others
have also joined the bandwagon with a vengeance. A desire
for accessing global markets, leveraging low cost advantage
to the skills availability in R&D has been behind these vaulting
ambitions. However, since MNC drive is still relatively new
in India, the article explores the trend along with the challenges
the companies face which range from management bandwidth,
financial resources to compliance with the regulatory norms.
©
2006 IUP . All Rights Reserved
MERGERS
& ACQUISITIONS
Riding
on the M&A wave : Employees strategies for survival
- - Prof. A Venkata Subramanian
The
M&A wave has hit Indian shores. A huge surge in M&A activity
is visible and this has a varied impact on the jobs/careers
of employees at all levels in the organizations involved.
How to ride on the M&A wave without allowing it to hit you
adversely is a skill to be learnt and an art to be perfectedbut
it is vital for survival in this fast and competitive business
environment.
©
2006 IUP . All Rights Reserved
E-COMMERCE
Understanding
collaborative commerce
- - Ravi Kumar Jain
E-business collaboration, otherwise termed as c-commerce,
a breakthrough concept during the e-business boom of the past,
is making a comeback. The reason, despite the widespread disillusionment
with everything e-, many business and technical leaders are
beginning to understand and achieve the value associated with
e-business collaboration, whether it is to improve the revenue
and operational capabilities or fundamentally transform their
businesses. This understanding and experience coupled with
the pressure to improve financial results, is helping e-business
occupy the center stage.
©
2006 IUP . All Rights Reserved
BUSINESS
STRATEGY
Porters
framework and strategic competitive advantage
- - Ajaya Kumar Mohanty
Porter could visualize five forces, which determine the
industry structure and provide generic competitive strategies.
The identification of these forces is vital for an in depth
study of the industry structure so as to take strategic decisions.
The study of these five forces gives much insight into the
industry, competitiveness and potentialities. The generic
competitive strategies suggested in the model have been the
guiding force for competitors in the monopolistic industry
structure. As the industry structure in the world is mostly
leaning towards monopolistic competition structure, the strategies
suggested by Porter are of practical significance and of much
relevance in the monopolistic competitive ambience.
©
2006 IUP . All Rights Reserved
BUSINESS
LEGISLATION
Project
MCA-21 and E-governance
- - Prof. KCS Naidu
The recent launch of the Project "MCA-21" by the Ministry
of Company Affairs was aimed at meeting the requirements of
stakeholders in the 21st century, where information relating
to a company or industry is made available at the click of
a mouse. This article discusses the procedure involved and
various benefits to the stakeholders. It also analyses why
this scheme is important in the present and future scenario
and the work has to be prioritized by the office of the Registrar
of Companies.
©
2006 IUP . All Rights Reserved
CASE
STUDY
Sir
John Bond at HSBC : The end of an era?
- - Souvik Dhar, Priyanka Ramgopal
Sir
John Bond (Bond), who joined HSBC in 1961 and later went on
to become the banks Chief Executive and Chairman, was credited
with transforming HSBC into the third largest bank by market
value in the world by 2004. In November 2005, HSBC announced
the retirement of Bond as chairman; and the succession of
the Chief Executive Stephen Green to the post of Chairman
from May 2006. s doubt whether the new Chairman would
be able to come out of the shadow of Bonds legacy. The case
gives an insight into the evolution of HSBC under Bond and
sheds light on whether the new chairman, Stephen Green, would
be able to become as successful and formidable a chairman
as Bond. The case also analyzes whether Sir John Bonds legacy
is relevant at all.
©
2005 IBS Case Development Center. All
Rights Reserved.
BOOK
REVIEW
The
five temptations of a CEO
- - Patrick Lencioni
The
Five Temptations of a CEO highlights the common habits or
practices which can become the dysfunctional part of a CEOs
behavioral pattern, thereby reducing his effectiveness or
spoiling his image. Five types of such common temptations
or pitfalls and how to avoid them are outlined by the author.
These five temptations are: Extreme concern with status and
positional power, policy of appeasement, getting lost in a
sea of data, avoiding honest confrontations, and finally,
an inability to accept ones fallibility. Avoiding the temptations
and embracing their opposite behavior, is just plain difficult
to do. This is possible, however, through discipline, and
willingness to make things simple, avers the author.
©
1998 Patrick Lencioni. All Rights Reserved. IUP holds the copyright for the review. |
