Indian Railways gets Ambitious

IIPM PUBLICATION

It’s quite clear that Railway Minister Lalu Prasad Yadav is not going to be content with Indian Railways turnaround story – so what if he’s now donned the mantle of a sought after management guru, who’s busy doling out fundas to IIM students? The honourable minister wants to do more! Under his stewardship, the Railways is coming out with a 10-year plan to make Indian Railways, the global numero uno (no less)! The minister claims that he is “valuating the need of the Railways in all sectors – wagons, coaches and wheels.” That apart, Indian Railways is also in the process of “modernizing its infrastructure.” What’s more, Indian Railways plans to do all this without hiking fares or laying off a single person (in an age where downsizing workforce seems to be the reigning mantra for future growth globally!). More power to the railways then!

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Mani is politically incorrect quite often, but he doesn't give two hoots to the opinion of the public

Renowned Management Guru

Sharp intellect dovetailed with candour are his forte. Yet, sometimes he puts his foot in the mouth. Despite being the Minister of Sports, Mani Shankar Aiyar has no qualms in admitting that holding Asian Games was a sheer waste of taxpayers' money. He didn't even fl inch once in criticising his own government's economic policies at a recent function. And his comment – "I am more Communist than most of the Leftists" – was applauded by the Communists so much that the CPI leader, Gurudas Dasgupta, showcased it as an indictment of the government by its own minister. More recently, in a seminar organized by CII, he lambasted CII for not representing the aspirations of the common man. Aiyar's comments on the Asian Games also caused much discomfort to the Government. The South Korean delegation used Mani's comments to weaken New Delhi’s claim to host the 2014 Games. But unperturbed by criticisms, Mani continues to cussedly hold on to his views on the Games and their value (actually the lack of it) for a poverty-stricken nation.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri Initiative

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Life without turm‘oil’?

IIPM MANAGEMENT INSTITUTE

While the world economies are growing at an astonishing rate, our energy resources are being devoured like no one’s business. To gauge the criticality of this issue, think of a future where there is simply not enough oil to serve our needs. Economic growth would stall, oil prices would go beyond the reach of the masses, dangerous energy games would be played by nations. Iraq was just a small trailer; there could be many more brutal wars fought, bringing massive death and destruction.

The world has been waking up to this reality for quite some time. A number of energy alternatives are being considered to quench our relentless thirst for oil. However, these alternatives have hardly been promising to satiate one’s expectations from them, as Rajendra Singh, Chairman, Tarun Bharat Sangh, comments, “An alternative means something which is not as effective as the original.” Undoubtedly, most of the ‘alternatives’ used to dissuade consumers from fossil fuels have failed more or less. Take the instance of India, which consumes a normal (compared to developed world standards) 900 GW of energy annually, out of which, a total of 67% comes from high polluting coal. Would the world fare any better in future? Would any of the potent ‘alternatives’ we have today, ever be able to replace the original, non-renewable ones?

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative