A wounded batallion

IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

So what happened to the promises of the capitalistic Sumos? The Japanese companies were forced to adopt cost-cutting measures and increase efficiency. Auto-majors like Toyota & Honda were also forced to shift focus to developing lighter & economical vehicles. Another trend that was widely visible during this area was the shift away from heavy industries (which had boosted Japanese economy during the boom years) to lighter, higher-yield fields like semiconductors and computer-related technologies & service focused industries. The fall in exports also forced Japanese companies to focus more on domestic market.

Casualties however were not rare as Mitsuru Saito, Chief Economist, Sanwa Bank asserted, “There is no doubt Japan was in the grip of deflation, with household incomes falling, unemployment climbing, and wholesale price index and the consumer price index declining.” Right as he was, unemployment levels rose from the pre-1990s level of 2% to more than 5.5% post-1994. This fall in employment and salary standards also reduced consumer spending and for the first time post-Allies’ attack, Japan witnessed a ‘negative’ GDP growth of 1.5% in 1998! The effects of the depression had started showing on national output as well. Worse, back-calculation showed how this gruesome picture was being painted by the deplorable performance of corporate Japan, as with financial institutions going bankrupt (due to the huge burden of bad debts aggravated by further falling land prices), many companies found living hard.

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Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
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JYOTIRADITYA SCINDIA - The scion takes charge

IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

JYOTIRADITYA SCINDIA
The scion takes charge

Born with a silver spoon in the one of the powerful political families of the country, Jyotiraditya Scindia’s entry into politics seemed to be destined. Many people questioned the entry of this Harvard graduate into the murky business of politics. His detractors stated that he exists in the political scenario only because of the deeds of his grandmother and the sympathy over the untimely death of his father – Madhavrao Scindia. However, after being in this profession he is all set to silence his critics. People close to him point out that he is a workaholic and shares his father’s passion for politics. Madhavrao Scindia was known to bring about corporate culture in all the ministries that he held positions in. Jyotiraditya too plans to carry the same torch but with renewed energy & vigor. Expectations from him have always been high and on April 5, 2008, he has been made the minister of state for IT & communications. Donning the mantle he pointed out, “The time has now come for India to look beyond being the back-office of the world.” Although the going ahead would not be a cakewalk as there would be many high-profile people to challenge him. Nevertheless, he would surely one of the Indian politicians to watch out for in the days to come.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
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IIPM Ranked No. 1 B-School In Global Exposre - Zee...
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AJAY AND VIJAY BEDI - The oscar goes to...

IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA

AJAY AND VIJAY BEDI
The oscar goes to...

A glamour quotient has invariably tagged along with photography. And when speaking of wildlife photography, the eyes surely widen with wonder. And among those who bask in the glory of the so-called glamorous profession are the second generation Bedi Brothers, Ajay and Vijay. Belonging to a family of ardent wildlife lovers, it didn’t take even a twinkle to ponder before they decided to follow their inherited passion.

Having plunged into this profession during a time when it was unfashionable, Vijay now takes pride in the fact that India has a vast pool of talented wildlife photographers. He says, “Just a little bit of encouragement by establishing good photography schools and courses, like those in America and New Zealand, would proliferate the number of talented and enthusiastic photographers in India.” Adds Ajay, “The technology has also changed a lot, and that has made photography appealing, especially to the younger generation.”

Where most are drawn to wildlife film-making to win admiration or perhaps pursue their passion, Ajay and Vijay chase a commitment, that of conservation. “We are conservationists first and then anything else. Through our films and documentaries, we want to show the beauty of wildlife to the world and bring across awareness about conserving and preserving such beings,” asserts Vijay.

The youngest Asians to win the Green Oscar, the brothers are now carrying the baton passed on by the first generation Bedi Brothers, Naresh and Rajesh. When asked to spill some words of wisdom that they have imbibed, “Hard work, patience and admiration for wildlife,” is what they would vouch for to attain success. And for those who intend to tread this track, Vijay drops in a word of caution – “Take it up only if you are really passionate about it. If you come in looking for glamour, there isn’t any!”

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
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Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...