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Corporates need to be proactive and ready for change

Mr. Jain discussed with a select group of business leaders and members of the Indian Business & Professional Council on the theme “The Future of Marketing.”

Regarding its acceptance to the conference at the invitation of the SPJCM, M. Jain said: “In the current momentum and grow rapidly world of management training, SP Jain distinction has rarely achieved by the development and implementation of some of the most prestigious, industry focuses MBA programs in this region. I welcome the opportunity for an institution as prestigious. ”

The introduction by Dr. Dipak Jain, President of SPJCM, Nitish Jain, said: “Mr Dipak Jain is a giant in the global landscape management and training We feel honored, he accepted that his unique vision, ideas and knowledge in the field of marketing. ”

The problem with the collection of Dr. Jain has maintained an excellent exhibition that the public spell-bound sales on future challenges for companies and how they can be treated; Client - centric marketing to attract and retain customers and employees is the only way in which organizations can sustain and grow in the future

Deep Cuts were I.B.M.

If the IBM-Board meets Tuesday, the key decision will face as deeply to cut this period. And the result would be to say much about how fast and powerful, as the company’s new chief executive, Louis V. Gerstner Jr., wants its mark on the troubled computer giant, he joined in April.

Most of Wall Street and industry analysts expect that the sources of board to take a cargo of large profits for the second quarter against the closure of factories and equipment balances, since the company streamline its activities. The fee for the cutting of production capacity - which could be enriched by $ 1 billion to over U.S. $ 4 billion, said one analyst - would, in addition to $ 2 billion of depreciation announced earlier this month as provided for greater reduction of staff. The operating loss expected

The International Business Machines Corporation is also expected to announce its second quarter results after the committee meeting. In addition to a special levy for the reductions, analysts predict that the report is an IBM operating loss in the area of $ 140 million to $ 180 million.

Most analysts believe that the board decides Tuesday on the slice of IBM dividend for the second time this year, given that the company cash to recover the fighting. The quarterly distribution is 54 cents and analysts predict that this is more than half, or 25 cents.

The computer industry are also noted, if the name of IBM or compensation for its two onboard. Three out of directors recently decided to bottom, and Tuesday of the meeting are also the last of Jack D. Kuehler, a vice-president of IBM, retired. A clean, bold stroke

If you are a second quarter enormous fees is that it works to the advantage of Mr. Gerstner - and IBM - for financial housecleaning necessary for a stroke and bold move with the reconstruction process. That must stop IBM, analysts say, is its recent history, the costs quarter after quarter, year after year, react to market changes, rather than control.

“Death by a thousand cuts is exactly what IBM has done for years,” said David Yoffie, a professor at the Harvard Graduate School of Business Administration. “Gerstner has helped to reduce as much as possible, as quickly as possible, that behind him.

Mr. Gerstner, provides Dan Mandresh, an analyst for Merrill Lynch & Company, is in favour of a “clear the decks” approach.

A Nation Of Ideas.

Patents are the measure of output of R&D labs. That is how an IBM or an Intel publicises its research output. Even countries measure their research output based on the number of patents. India started appearing significantly on the radar only since 1998, the year when statistical reports from the US patents office show a separate breakout. The number of patents granted every year to companies in India has been growing since-from 85 in 1998 to 131 in 2000 to 179 in 2001 to 342 in 2002 (according to data with the Director-General of the Centre for Scientific and Industrial Research). That translates into a whopping 91 per cent in the last year.

This is still very small compared to many other countries, even companies. The US state of California filed 20,863 patents in 2001, Germany, 11,895 and IBM, 3,411. But take South Korea-home to giants like Samsung and LG-which filed 3,763 patents in 2001 or the red dragon that filed a very modest 266 patents in 2001 and the picture begins to look very different.

CSIR, which holds 42 per cent of Indian patents granted in 2002, filed 728 foreign patents thus far this year. A potential client list for 2003 of one of the patent lawyers in the country lists 112 non-it companies, including Indian companies, laboratories and MNCs. If MNCs, which have set up R&D centres (about a 100 of them have), file patents, these will be accounted under India.

India is still new to the patents game. Till recently, academics and researchers in India were of the opinion that publishing papers was the endgame of research and that knowledge had to be free. The equation now is patents = productisable ideas = wealth creation. And our scientists are now beginning to get it.

R.A. Mashelkar, who took over as Director of National Chemical Laboratory in Pune in 1989, changed the slogan from ‘publish or perish’ to ‘patent, publish and prosper’. Four scientists-current National Chemicals Laboratory Director Swaminathan Sivaram was one of them-from the laboratory patented a polycarbonate innovation. Now, polycarbonates are the playground of GE and the MNC started working with NCL. When then GE CEO Jack Welch found out about this, GE decided to set up shop in Bangalore. Now, the Jack Welch Research Center is slated to grow from 1,600 scientists to 2,400, at which point it will be the company’s largest R&D set-up anywhere in the world, including the US. By 2001, GE India had been granted 17 US patents.

Mashelkar, the Director-General of CSIR, compares the output from his 40 labs to that of Samsung; CSIR filed 184 pct (patents cooperation treaty) applications and tied with the Korean giant for the number one position for the number of pct applications filed by companies in developing countries. And he is not the only scientist who is looking to benchmark his output with that of global private sector labs. The pioneering Professor Ashok Jhunjhunwala in IIT Madras asks: “If Huawei, the Chinese telecom giant, could come out of nowhere as late as 1988 and get to be so big, why can’t we create a global company?” The good news is, his research and the goal of the cluster of companies that he has created is all towards reducing the cost of state-of-the-art telecom in India.

One in Four MBAs Want To Work At Google

You’re getting your MBA, and you’re looking for a job – but where? Goldman Sachs (GS), J.P. Morgan? Not according to the most recent crop of MBA students. They, like everyone else, want to work for Google, according to a survey from market research firm Universum published on Fortune.com.

Of the 5,769 students surveyed, a startling 23.65% said they wanted to work for the search giant. Consulting firm McKinsey & Company (15.84%) took the second spot and Goldman Sachs (13.68%) was third. One other tech firm eked its way into the top 5 – Apple (AAPL) was fourth with 13.68%.

More : alleyinsider.com

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