Ritz-Carlton to soon check in to India

IIPM PUBLICATION

Recognising the potential in India – with the luxury segment booming and more and more people eager to live in style – the Ritz-Carlton Hotel Company has decided to check in and make an entry into the Indian market. The luxury hotel chain’s first property is going to be developed in India’s Silicon Valley, that is Bangalore, where business opportunities have been hotting up for a long time now. This hotel will be a 250-room, luxury five-star property and the total project’s cost is estimated to be around $100 million. Wimberly Allison Tong & Goo, the world’s leading design consultant for the hospitality, leisure and entertainment industries, that has worked in over 130 countries and territories across all the six continents, and has designed more of the world’s great hotels and resorts than any other firm on the planet, will be the architect. The leading international interior designer, Peter Silling, will be taking care of the interiors of the proposed hotel. To develop it, Nitesh Estates – the Bangalore-based realtor that is engaged in the development of all the high-end residential apartments, the office buildings, the gated townships and the retail malls – has been roped in. So what different can guests at the Ritz-Carlton Bangalore look forward to? It is too early to say though, but one piece of information is doing rounds, which is that a few of the world’s ultra premium brands will be housed here, among them are Cartier, Gucci and Louis Vuitton, who will all have their own boutiques within the hotel premises.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

HR’s approach to off set business challenges

IIPM MANAGEMENT INSTITUTE

General Sharma identifies with the changing nature and role of HR today. He calls for HR to have taken a more proactive role in the IT industry where this turnaround came in much sooner. He asserts, “HR was earlier considered as a depository of human researches, which was the fountainhead of all policy enunciation. Today it is more to do with human resource being a part of the process. Especially in an evolving organisation, the bottoms-up approach has taken precedence, which is a big change. There has also been a quantum shift from a salary- based requirement to the job enrichment focus, where job challenges form an essential part. While earlier, people were willing to fit in the roles of the job as long as they were paid, today the focus is on making the job fit with the people requirements.”

In this changed outlook, a very important aspect for all organisations is to maintain the ‘people touch’. InterraIT has a designated position in the organization of that of a ‘Relationship Manager’, whose job comprises of meeting and talking to employees across all levels. Talking informally to them helps in finding out the problems and if s/he is able to give the right feedback which is an asset for any organisation to ensure employee satisfaction and content.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Now shaking hands overseas…

IIPM PUBLICATION

Competitors in India but partners in ventures abroad, Airtel and Vodafone have announced a new alliance to offer services in Jersey and Guernsey (islands in Europe). Subsidiaries of Airtel, Jersey Airtel and Guernsey Airtel have tied up with Vodafone to provide customized Telecom services under the brand ‘Airtel-Vodafone’. The basket of customized services include a simple roaming price plan known as Vodafone Passport, a voice and data package; Vodafone Simply and Vodafone Mobile Connect Card for laptops. Business customers would also be offered new services. In 2005, Vodafone had acquired a 10% stake in Airtel, which it is now reducing to 4.4 % after having acquired a controlling stake in rival Hutchison –Essar.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

For More IIPM Article, Visit Below....
Management Guru 's Message
IIPM : EDITORIAL & RESEARCH
The maverick management guru
IIPM Alliances
IIPM Academics : Curriculum
On "IIPM - Arindam Chaudhuri - Planman"

The eagle has landed

IIPM MANAGEMENT INSTITUTE

Eagles are known to be large birds of prey and since donkey’s years have been symbolising everything regal and awe-inspiring. Swarovski’s home décor collection for summers 2007 doubles the eagle’s magnificence in its Wings of Liberty model, what with its impressive size and elegant style. Designed by Mario Dilitz, this eagle is fully faceted with clear crystal and is placed in a blue pearl granite base. Tagged at Rs 42,945, Wings of Liberty spells pure aristocracy.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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