Start running for your lives, or else...

A recent study published in the European Heart Journal describes how amateur marathon runners risk heart troubles. Considering the keen participation of aficionados in marathons organised regularly in cities like Delhi, Mumbai, Pune, Bangalore, this research assumes great significance in the Indian context. The report states that while people who consistently run for more than 45 miles a week do not endanger their health in these long-distance running events, those who get by with less than 40 miles per week start showing signs of cardiac dysfunction
right after the race.

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Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

‘Cause’ and ‘Effect’

As per the latest study by mind researchers at the University of Leeds, in ordinary circumstances, our stream of consciousness is persistent in its endeavour to identify everything around it – people, things and situations – based on the previous experiences that are already archived in one’s memory. But since we are always conditioned to think in terms of ‘cause’ and ‘effect’, we tend to find this recognition appropriate only up to a certain limit, after which it becomes rather unsettling. And how much to rely on this inexplicable feeling (it strictly be called only a ‘feeling’ because there is no information or real memory involved) depends on the stream of consciousness and psychology
of an individual.

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam chaudhuri

Visit also:- IIPM Publication and Business & Economy

THE HONEYED PATH TO PROGRESS

For the past few months, the industry is witnessing a new concept of branded sugar, and this is surely an affirmative action for the players. Brands like Shagun and Mawana Sugar are already available and are in high demand in the metros; though industry bigwigs like S. L. Jain do claim, “Simple branding will certainly not escalate the sales.” But, perhaps, the future of Indian sugar sector rests far away from metros, to within the policy corridors.

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

Winning needs nerves of steel

Another leg in the Arcelor deal has come forward. Mittal Steel Co. is required to put forth an offer to buy out the shareholders of Arcelor’s Brazilian division in order to see the mega merger through. This could raise the cost of the $31.9 billion deal by an added $5 billion; the combined company will comprise 10% of the global steel production. The shareholders of Arcelor Brasil SA, listed on the Sao Paulo Stock Exchange urged the Brazilian Security & Exchange Commission to look into the issue after Mittal refused to offer a buyout. Mittal will contest the decision in the court.

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

With due respects, we beg to differ, Mr.Darwin!

I’m not saying that companies should not have comprehensive risk mitigation plans. They should be asking questions about their supply chains and internal organization, like “What’s our response if one component goes down? What’s our response if two components go down? Do we have redundant computer systems?” But just as important, companies need to ask, “What real-time sensing and coordinating mechanism will we use to respond to events we can never fully anticipate?”

Companies shouldn’t rely solely on a specialized risk management team to see them through a sustained crisis. What if the team gets taken out? Instead, they need to develop the ability to rapidly evaluate ongoing changes in the environment and develop responses based on simple principles.

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

Share prices of current NRSROs have already fallen

Share prices of current NRSROs have already fallen; and so will market shares once the US Senate clears the bill. But to ensure a pristine rating process, SEC must ensure that not only is the company data (that SEC provides to these agencies) of pure quality, but also that the agencies follow benchmark processes, hiring competent people. Otherwise, it won’t be long before one could watch X-rated stuff even outside movie halls; eh!

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

From $25 a month, AOL historically shifts to providing free services; this marks the beginning of the end of AOL

The very company that made internet a mass market phenomenon is now being forced to rethink its entire strategy. AOL, once the world’s largest internet service provider, has finally decided to move away from its age old model where it charged internet users $25 per month just to maintain an email account! On July 19, 2006, AOL made a head start for its new free for- all strategy by launching its free AIM Pro (messenger) service. Apart from voice & video conferencing, the Pro service also has a people search feature that allows the user to search from a database of 31 million people and 2 million companies.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri