Dallying with Dylan

IIPM MANAGEMENT INSTITUTE
Dylan’s skills as a wordsmith were largely fuelled by his father’s zeal for the English language and his unfulfilled dream of becoming a poet. Dylan’s first poem was published in his school magazine at the age of 11 and some eight years later, one of his poems was even read out on BBC Radio. Soon after, he moved to London where his reputation with alcohol preceded him at parties; even believed to have been bawdy and unruly at times.

Ultimately, it was his romance with liquor that robbed him of his life. His last words would be, “After 39 years, this is all I’ve done”. Poems, short stories, plays, zillions of words, hundreds of compositions, inspiration to generations as they took to heart his poems like And Death Shall Have No Dominion and Do Not Go Gentle into that Good Night… A life littered with messed up relationships and intoxicating poems… Dylan Thomas, a paragon of paradox, a legend of passion...

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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If only muttering Vande Mataram could reduce poverty

FIGHTING FIRE WITH FIRE

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Increased economic activity and credit growth go hand in hand. India’s credit to GDP ratio has steadily increased from 10% in 1970 to over 40% in June 2006, compared to US, UK, China, Malaysia and Japan where the ratio is over 100%. Acceleration in credit poses both opportunities and challenges for policy makers, as credit growth invariably leads to some erosion in credit quality. Decline in credit quality and concentration of credit in particular sectors have almost invariably lead to higher defaults in the developed nations. Gross NPAs of Indian banks are still relatively high at 5.2% of total advances, way above Mexico’s 2.4%, UK’s 2.2%, US 0.8% and Australia’s 0.3%. NPAs not only increase the risk of erosion of banks’ capital, but also restrict the further lending capacity of banks.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

Professor Bakul Dholakia, Director, IIM Ahmedabad, famously commented to the media ….

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On the launch, Professor Bakul Dholakia, Director, IIM Ahmedabad, famously commented to the media, “We could have trained only 60-70 students in a physical class. But under this system, using the same faculty resources, we can train three adtimes the number of students.” Three times?! Just 180 to 210 students?!? One though a distance education setup was supposed to teach thousands. But then, IIMs are not alien to this concept of massive wastage of resources. Just for the sake of bringing out the ridiculous wastage of resources by IIMs, while Harvard Business School teaches 1800 students in a campus of just around 33 acres, guess how much space does IIM Ahmedabad use within its campus to teach around 250 students in each batch. A ludicrous 138 acres! And IIM Calcutta? An equivalent 135 acres. IIM Indore? An inane 195 acres. IIM Lucknow (with 185 acres), IIM Bangalore (with 100 acres), apart from the other IIMs, also form part of this list of institutions wasting infrastructure built on taxpayers’ money.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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Sanyo freezes deal with Haier

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In a move to revive its lost fortunes, Sanyo Electric Co. Limited on October 27, announced a tie-up with China’s Haier Group in the refrigerator business. The group has also decided to sell its Thai refrigerator plant to Haier. Consequently, a joint venture will be formed in Japan in December when Haier will officially take over Sanyo’s refrigerator design and development operations. Haier and Sanyo are expected to hold 60% & 40%, respectively, in joint venture.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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For a song...

IIPM MANAGEMENT INSTITUTE
The affinity eventually culminates in choice of vocation for Salvo, when he begins work in London as an interpreter and translator of not-so-common African dialects for British hospitals, businesses and – hold your breath – the country’s intelligence! Even though prospects seem to gleam for the ‘top interpreter’ (a selfadorned title he proudly affixes as a testament to his prowess in the art) – skill, good looks and marriage with a charming reporter, Salvo doesn’t quite interpret, so to speak, an escalating yearning for a purpose coupled with a burning quest for his true identity. To further matters, our hero rediscovers amour in a spirited Congolese nurse, Hannah, who envisions a time when she will return to a harmonious country, not the pillaged state that Congo has transmuted into.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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