COVER
STORY
LeasePlan
- Leader of fleet management services -- Ravi S Madapat
LeasePlan
is the world leader in the business of vehicle leasing and
fleet management, operating with a fleet of more than 1.2
million vehicles across the globe. India is LeasePlan's first
foray into the Asian market. LeasePlan India started its operations
in 1999, and today it has more than 6500 vehicles on the road.
Headquartered in New Delhi, LeasePlan also has branch offices
to service the needs of customers in Mumbai, Bangalore, Chennai
and Kolkata.
© 2004 IUP. All Rights Reserved.
MANAGEMENT
The
law of unintended consequences
-- AV Vedpuriswar
This
article gives a few examples to illustrate the law of unintended
consequences. Our political leaders decided to give Small
Scale Industries (SSI) a special place in the economy, to
nurture them and to create jobs after independence. Many areas
were exclusively reserved for them. They were also given special
concessions. The results, however, have been disastrous.
© 2004 IUP. All Rights Reserved.
MANAGEMENT
Glass
borders: Women in international assignments
-- Sowjanya Bhupatiraju
Global
leadership is developed through foreign assignments. Selecting
the best candidates for international assignments matters
a lot. In most organizations, there is only a marginal representation
of women in international assignments. This article talks
about how women are sidelined for international assignments.
Managements in many companies hesitate to send women overseas
since women are perceived to encounter more prejudice on international
assignments than men, making it difficult for women on international
assignments to succeed.
© 2004 IUP. All Rights Reserved.
STRATEGY
Oracle's
bid for PeopleSoft: Crossing the first hurdle
-- Ravi S Madapati
Oracle's
takeover bid for PeopleSoft has been continuing since the
last 15 months. Launched in June 2003, the hostile takeover
"attempt", if successful, would propel Oracle into the top
league of business software makers in the world, only next
to SAP. But Oracle had to face numerous legal problems in
its bid from the Justice Department, JD Edwards and PeopleSoft.
In September 2004, a Federal Judge in the US ruled that Oracle
could pursue its bid for PeopleSoft. Following this ruling,
the only impediment in Oracle's way to acquire PeopleSoft
is the European Commission. The article enlists the important
aspects of the deal, as the takeover saga continues.
© 2004 IUP. All Rights Reserved.
OPERATIONS
Pillars
of TPM
-- Sini Elezebeth Johnson
Today
customer, competition, and change are the most dominant factors
governing the global markets. Change has always remained constanta
force that is very dynamic, vicious and unpredictable. To
survive and grow in such a turbulent environment, organizations
have to focus on shifting from a function-oriented to a process-oriented
operation. This article shows how Total Productive Maintenance
(TPM) helps in the fundamental rethinking of business processes
to achieve improvements of cost, quality and speed through
zero defects, zero accidents and zero failures in the production
system through "total employee involvement".
© 2004 IUP. All Rights Reserved.
CORPORATE
GOVERNANCE
The
real challenges in corporate governance
-- AV Vedpuriswar
Improving
corporate governance requires important steps that are not
covered by the growing number of rules and guidelines for
corporate governance. The most important step is to create
a climate of trust and candor. In the 1980s and 1990s, shareholder
activists, accountants, lawyers, and analysts highlighted
the importance of independent directors, audit committees,
ethical guidelines, and other structural elements that could
help ensure that the board did its job. The article presents
various examples to show the evolving nature of corporate
governance.
© 2004 IUP. All Rights Reserved.
GLOBAL
BUSINESS
Trouble
at Yukos
-- Bala Bharathi
Yukos,
Russia's second largest company with a turnover of US$35 bn
in 2003, produces 20% of Russia's oil and accounts for 6%
of its GDP. By mid-2004, however, the company seems to have
been caught in a quagmire of legal hassles. The company was
burdened with a huge tax, a sum that could potentially bankrupt
Yukos. The article looks at how the trouble began at Yukos.
© 2004 IUP. All Rights Reserved.
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