“There is a fair amount of investments in Human Resources, especially in training...”

With a talent crunch being faced by the industry as a whole, GCPL has constituted a process called Talent Management. “In this, we try to identify the employees who are at the top of the performance ladder. The criteria for this are both performance and potential – Adi Godrej is involved with this and once a year we present the talent list,” says Sumit. Communication across channels has been made more effective over the years and despite the best of efforts, attrition issues exist in every organisation under the sun. Sumit reverts, “The way economy is changing, there would be an increasing number of employees willing to move on, and organisations, despite their efforts, would fail to satisfy all.” So the question remains – ‘How has GCPL addressed this menace called attrition, of late?’

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Russian Mig 35 in the fray

Now that we have the major producers of fighter aircraft - Lockheed Martin & Boeing of the US; Euro fighter of the European consortium; Sweden’s SAAB Grippen fighter, Rafael by Dassault Aviation and the Russian Mig 35 in the fray, India has a wide array of fighter planes to choose from for its future war machines. Lockheed Martin is in the process of manufacturing the ‘next-generation’ F-16 NG to meet the requirements of India. The Israeli Soufa Avionics Package and Weapons Systems package are one of the top contenders for the 126 MRCA of the IAF.

Air power, one of the quintessential requirements of any defence force cannot be neglected. One only hopes that during the tenure of the Defence Minister AK Anthony, the process will be smooth and free of corruption. The IAF needs to concentrate on flying and maintaining the machines, rather than answering parliamentary queries related to illegal transactions by middlemen.

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

Barmy army?

The army’s fallen behind China

Considered to be among the best in the world in terms of skills and professionalism, the second largest army of the world has for long kept itself apolitical and has won many a war for the country. But over the last few years, it has been losing some of its sheen due to a severe shortage of commissioned officers, increasing pressure to deal with insurgency, suicides among its personnel and inordinate delay in getting the right kind of hardware owing to political indecisiveness. While it finds its artillery capability severely hamstrung owing to cannibalization of its old Bofors 155mm guns, for fear of political backlash, the new contracts for the 155mm Howitzers are not being awarded to the Swedish company, even though now it is a subsidiary of BAE Systems. Though Indian Army’s budget has been considerable increased in recent past, the fact is that China has gone far ahead of India in terms of troop modernisation, without a matching response from India. Yet, in the worst of times and amidst hostile neighbours, the army still remains our best bet... with feet on the ground!

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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