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I think, therefore, IIM.

FIRST principle of philosophy, according to Rene Descartes, was: ‘I think therefore I am.’ So sure of it he was that “all the most extravagant suppositions of the sceptics were unable to shake it”. For Murli Manohar Joshi, however, the line has to be adapted a bit: “I think therefore IIM.”

It used to be said when philanderers ruled the earth, commoners rushed to hide their pretty wives when the royalty passed by the street, you know why. Now, they are doing something similar with institutions that enjoyed autonomy thus far, only these bodies are too big to hide behind walls. Frantic efforts are on, such as industry captains meeting with top powers, suits filed to nullify interference, and articles filling up newspapers and magazines.

Among the myriad reports, there is one that is titled, “Keep off: Kurien,” talking about the views of the father of the white revolution in India, Dr Verghese Kurien. His 1991 report to the Centre on IIMs had suggested independence from the government, establishment of a corpus fund, block contributions from the government and so on.

In the wake of the current controversy, his recent views have predictably been pro-autonomy and anti-meddling.

Kurien is no mincer of words and if you want to know his views on IIM, a good place to look at is a book by S.N.Chary, an IIM-B prof. Titled, “Business Gurus Speak”, and published by Macmillan in 2002, it features interviews with ‘extraordinary personalities’ such as Kiran Mazumdar-Shaw, Azim Premji, N.R.Narayana Murthy, Venu Srinivasan, Deepak Parekh, and Mukesh Ambani, apart from Kurien. “You at IIM are using public funds to provide managers for Hindustan Lever and Nestle,” he says, and Joshi may please note.

Kurien was on the IIM’s Board. “So, I spoke in the Board,” narrates the nation’s milkman. “The raison d’etre of this Institute is to provide managers for the under-managed sector, which means NGOs, co-operatives and the public sector, but not multinationals.” Not a popular thought, you muse. Which is what the Board too felt. “One person sitting next to me with a cigar in his mouth said, ‘You mean to say that the graduates of our Institute are to be taught how to milk cows?’ Everybody giggled at that and he put his cigar back.” Is that the end of the story? No. “So, I said, ‘No. You teach them how to suck cigars. I don’t want to work on this Board.’”

Then, Kurien went on to build IRMA, the Institute of Rural Management Anand, with inputs from his cousin Ravi Mathai, who was the Director in IIM, Ahmedabad. Avoid mistakes that happened in IIM, Mathai instructed: “So cousin, when you build IRMA, please build a bigger house for the director than for the professors so that they will know that there is a boss.” Next, don’t give too much powers to professors; this is not Harvard. For this, Kurien recounts Mathai told him: “I told a professor whom I had appointed, ‘You are free to go ahead and fill all the lower posts in your department.’ That person went to his village, brought all his relations and appointed them. That was a terrible mistake which I made.”

And, there’s one more: “The third point cousin, is that you should cut down on the number of people you employ. We have so many people, and therefore, labour union problems, courts, and so on. I am tired of it all. You are a dictator, so run it as a dictator. If anyone steps out of line, sack him. I can’t do that; I am not made that way.’”

Now, this is Kurienspeak: “I said, ‘Ravi Mathai, neither you nor any of your professors have ever managed anything.” Keep off Kurienspeak on IIMs, shall we say?

HLL’s cool with B-schools.

The class of 2003 seems sure to play on the investment front. Hindustan Lever was again chosen as the most preferred business on campus. And the vote for the choice of the employer, the FMCG sector.

“Even if the industry booming, it is always very stable,” said Dilen Gandhi, a second year student of the Jamnalal Bajaj Institute of Management Studies. ACNielsen ORG Margrete A final study 555 students, graduates-’03, the top-20 B-schools in the country has shown that large FMCG, the list of preferred companies with a score of 234 on campus Recruiter Index.

A substantial modification of the Top Ten list is the absence of two of the favorites this year - consulting firm Accenture and Arthur Andersen, was struck by the list.

McKinsey and Boston Consulting Group (BCG), the two consulting companies are on the list, slipped in the rankings since the last survey. While McKinsey occupied in early slot in’01, HLL removes the last survey on the class level of training this year.

For Class in’03 conclusion, he never again to a third place in the list privileged.

BCG, the Number Ten, has also decreased its position in fourth place on in’01 seventh place for Class of 2002. Although the council sector in second place in the classification of “Employers of Choice” list. Last year, the industry has been replaced by a non-premier B-schools.

Infosys is a surprise entry into the slots on top of number two. Key information technology, the number jumped 10 should be the last batch and is the only computer company to the list.

Says MG Korgaonker, head Shailesh J Mehta School of Management, IIT Bombay, the parameters in the field of consultation has been declining in recent years, resulting probably a slight decline in interest.

Infosys is a surprise entry into the slots on top of number two. Key information technology, the number jumped 10 should be the last batch and is the only computer company to the list. While Infosys has not been a great recruiter last year, the company is probably riding a growing interest in the IT sector.

As counsel, financial institutions have also dropped a few points in the rankings of economies of scale, but they have a fairly strong presence among the favorites of work.

“This is primarily a function of the decline of Management Trainee parameter in most financial institutions throughout the country,” said Jagjit Singh, director, resources and development, HSBC.

Citibank, Bank brigade fifth place. In addition, Citibank was the last time even climbed in one place aus’01. Icici 3 places ever since the last survey and is now the sixth on the list of preferred companies with a score of 198 HSBC is the number in September

Recovery depends on the management fast

AL Mudaliar occupies an important place in the Indian economy and industry. His commitment to the mission of putting the tip of India on the world stage and its commitment to social causes made him a model for future entrepreneurs. He made a significant contribution to India on industrial development as chairman of the group ICI India. And as a member in the governing bodies of several mega-groups, including Hindustan Lever, Titan Industries, invited Williams Keen, India, cement and aluminum in India Co. He is currently chairman of the Bata India. Mudaliar was in the Board of Governors of IIT Chennai and is also a member of the board of the Institute of financial management and research. He is a member of the union of the University and Anna-ICRA-Governance Council. He was president of the Association Champlain Bengal and Industry and the Chamber of Commerce.

In this interview with BS Raghavan, he shared his impressions of the country’s economy and discussions on the World Economic Forum (WEF) in New Delhi, where he had participated actively.

Excerpts from the interview:

Do you think that the factor of well-being of children?

There are positive signs that economic recovery Presage: Money is cheaper, manufacturing and exports are lifted, inflation is low, Forex and food reserves are reached.

On the reverse, there is Dilly, lazy on divestitures, tax reforms are slow. Even if not directly Turn Around, the hope that the government make more efforts to streamline and ward-up systems, things are blithely within the same short-term.

In short, the atmosphere is not the feeling of well-being not well-everything depends on its economic management and for him, and not only from the government, but how should we add, on the part of economy.

Can you more about the last instruction?

There are some that the government has already done, by way of opening doors in different areas, and were what was required under the WTO regime. Given that the National Democratic Alliance led to affirm, with 13 different political parties and work within the four corners of a lively and often controversial democratic system, the extent of liberalization has been achieved up This is impressive. I believe, therefore, there is enough flexibility to the economy, trade and industry for their zeal, even within the existing framework.

IIFT places.

The placement of the summer, Indian Institute of Foreign Trade - School of International Business Management has had a flying start in the last month. Among the first companies on the campus visit, were majors like Hindustan Lever, Tata Administrative Services and ABN-AMRO Bank.

The average length of probation or pay packet scholarship was offered about R 15000 per month. The students are very enthusiastic about the projects they do during their summers. Richa Chaube, given the situation with Hindustan Lever said: “I will work towards a” hands-on “in the proposed pricing of FMCG goods. Other companies this year on the position were among LG Electronics, Levis , ITC, Telco, Tata International, Timex, ING Vysya Bank and UB group.

Foreign or feudal, direct investment?

In the late 1970, when I am with a group of colleagues very interesting, a doctorate from the Jamnalal Bajaj Institute of Management Studies, we offer a choice regarding the placement of existing possibilities for us. What kind of work, we want to begin our work career?

For a number of colleagues, there were family to go to the farm, where they appreciate very much the prospect of implementing the important lessons of expertise and professionalism in and over time, companies are developing in Corporate stars in the firmament.

But for most of us depends on the middle classes, options have been in Indian society, in our activities, because at that time, companies from abroad have not yet begun to fight a path to the doors of India Management Institute. The real option, we seek a position in a multinational company in India, or some of us try to positions in Indian society?

The psychological result of such a debate was clear. The initial parameters were multinationals, India, Hindustan Lever, Richardson Hindustan, Madura Coats, First National City Bank (as at the time), Grindlays Bank, Norton hosts Grind Well, Keen & Williams consolidated or tyre.

The last two or three types of companies, invited engineers among us who would have a chance to shine in both disciplines of their choice, engineering and management.

Very few of us decide for the family, then India, large groups, like the Birlas, Singhanias the Bangurs the Thapars the Poddars the Kilachands or Hirachands. The Ambanis were at this time not even one in India Inc Blip ‘radar.

The Tatas has been authorized, if it entered service management and Volta was a decent choice, because it is a Half and Half-joint-venture with his Swiss partner.

The reasoning was implicitly but clearly. There was no question of investing overseas then. India was in the preliminary phase and self our heads, then upgraded, have been enough practice to recognize that the empowerment on a global scale was a decade or two in the future. In Mr. NK, allows us, part of a professional management culture, which allows us, our perception of functional skills and grow without taking into account the extra-constitutional niceties and properties have been grouped in the promotion process.

The training was formal, evaluation and just the latest growth and professional success, was based on performance. In a sense, the approach by the army. One has never been a general unless there was a colonel and a captain. Or Air Force to take an analogy, one could never an ace unless one has learned to fly. So, one could also Air Marshal.

Why do companies were Indian? For a start, despite the enormous size of some companies, there was always a scent of the dominant mentality jagirdari management of these companies.

Hindus, without syndrome family, something that we had to learn to undergraduation was obvious, and the role of the Charter of the war. He never had an official position within the company, but its presence has always been there and control of the clan in the company would never let go. No longer working for the welfare of the Indian population, but also for the greater glory of the clan.

The implementation of functional activities, which are too often compromises responsible, and there were too many real possibility that some Qual-brat of the card would be catapulted onto the heads of experienced professionals such as the head of a company. I saw this happens in Calcutta in the late 1970’s. The group as a whole, unfortunately, not anymore!

It may be argued that the lender would, without doubt, make sure management teams in force has been issued for the performance. This is what happens abroad.

Venture capitalists, make sure that good teams are in place, so that their investments are protected by the non-so-random errors, business creation. But given the high debt-equity report by India, and the fact that suppliers of debt securities agencies of government, there was the classic situation of my country, subsidies granted by the British colonial era, landed in the creation of the nobility and faithful talukdars zamindars.

There was a permanent establishment of land to exploit, grantees, subject to the government, their generosity at times.

By the same token, while the license raj, the government creates a class of owners, who landed as owner of leading companies and could do what they wanted, provided that the Government has contributed in their time need. Indian companies have a feudal and such atmosphere that the organization did not call for a young graduate Management School in the late 1970. The ethics of Indian companies was talukdari.

So what is management graduate in 2005? A revolution has undertaken in India. A revolution of conduct has also been? If graduates prefer foreign direct investment or direct investment feudal? If the company grew and the professional sector? A map now acquired the ability, release and let professional managers take all the way?

These are fundamental questions viewed on the nature of the professional management of India. Companies such as asInfosys, Reliance, Ranbaxy, TCS, HCL, Wipro, Icici, BPL, Bharti and Dr. Reddy’s Labs, through their creation and growth of a company strong personalities, who have acknowledged the existence of opportunities, have in common the necessary collection of resources and then organized their companies to provide the markets.

In addition, two schools relay B-passer millionaires

Mumbai: It is not only large B-schools require that the surpluses in the labour market street. The second season of schools breaking its own records.

Indeed, a strong economy has been that many young millionaires in almost all major institutions of higher education during the placement season this year.

One of the oldest B schools, four past decade Jamnalal Bajaj Institute of Management Studies (JBIMS) provide nearly 15 millionaires offers more than Rs 14 lakh per annum, an increase of Rs 9.35 lakh last year.

Similarly, Narsee Monjee Management and the Institute of Graduate Studies (NMIMHS) and SP Jain Institute of Management & Research (SPJIMR) in Mumbai are also intended to manufacture about 25 millionaires.

It was learned that McKinsey & Co, that have visited Indian School of Business, Hyderabad and JBIMS as the only non-IIM Campus offers the highest in the management of the commercial capital of India.

“We’re seeing the best season so far placement of several cases of the 45 companies batch of 122 students,” said Prasad Menon, coordinator of student placement, JBIMS.

Focus on wages RS 8.17 lakh per annum from 7.04 Rs per year last year. More than 10 percent of students at the beginning of their careers with salaries of seven figures, reports to the employer as Accenture Management Consulting, Tata Strategic Management Group, Grannen-Consulting, IBM Consulting, Hindustan Lever, Colgate Palmolive ITC, Britannia, Perfetti, Dabur and Godrej Industries.

Offers flood for students in XIMB

Internships 2007 at Xavier Institute of Management has once again eclipsed results of the previous year, registering an increase of 23 percent for the average salaries offered and 50 per cent of the increase in the number of bids, before the Management students.

Recruitment readers of two post-diploma in business management and post-diploma in rural management programmes have been liquidated in less than 24 hours after the onset of rain as proposed thick and fast.

Giants like Hindustan Lever, Dell International, Deloitte Consulting, UBS, HSBC Global Resourcing, Cognizant Technology Solutions, IDEA Cellular, Hutch, develop talent, Centurion Bank of Punjab cries of the tent for the first time.

While most international offer of $ 8500 per year, Olam International, JP Morgan has the highest offer in the domestic sector of Rs 12.75 lakh per annum. The average salary increased by Rs 8.77 lakh per annum.

Faculty, Professor coordinator mediation Saveeta Mohanty, has shown the interest of companies has 98 orders of the students PG-diploma in business management. Of these, 72 were causes for the final placement process, but only 63 were finally recruited. Therefore, 309 cases have been the lot of 118, at 2.62 per student.

It is interesting to note that 33 students took on the position of companies in which it was subjected to training schedules. In an interview with media on Wednesday, people here, “she said maximum representation by the industry of information technology, as well as bigwigs like IBM, Cognizant, Infosys, TCS, Wipro and Mind Tree, among others .

ASCI appoints as chairman of Shantanu Khosla

New Delhi, Sept. 21 (PTI) The Advertising Standards Council on India (ASCI), today as the Managing Director of Procter and Gamble Hygiene and Health Care Shantanu Khosla as its chairman.

The Bhaskar, Geschäftsführender president, Bennett Coleman & Co., was elected vice president and Rajiv Dube, President (Passenger Car Business Unit), Tata Motors was again as honorary president of the treasurer, an ASCI said here .

The other members of the new Board of Governors comprises Vinita Bali Britannia Industries and Nitin Paranjpe of Hindustan Lever (sponsor), Vikram Kaushik Tata Sky, Krishnan g of TV Today, and I Venkat Ushodaya the publication - Eenadu ( Media), Madhukar Kamath De Mudra, Pranesh Misra of Lintas, Arvind Sharma, Leo Burnett and the IGC Srinivasan Swamy BBDO Swamy (Ad agencies).

Under Allied Professions, those elected are Dilip Cherian (Perfect Relations), Dhananjay Keskar (ICFAI Business School), Ram Poddar (The Tobacco Institute of India) and Partha Rakshit (AC Nielsen Research Services).

During the years 2005-06, the Board of Consumer Complaints 117 complaints against denunciations, of which 67 were approved. In 52 cases, the ads were withdrawn or modified accordingly. Up to 71 percent of customers are satisfied, which are not members of the ASCI, in release added.

God is in my every day

If you think this is a huge star and the dialogue, if you are with the sheriff of Mumbai you for a nice surprise.

Indu Shahani, including the principle of HR College of Commerce and Economics, is a charming lady with a hint of quiet firmness.

She welcomed familiarize myself with a firm handshake and apologized for the delay, “I sat in my office, just before you came anyway, and the emotion was very tired. And I knew what I had. simply I went on a tour, met my students, And now I am refreshed. They are my oxygen.

A former student of HR College, Shahani father was a founding member of the main College. When she assumes the presidency of his father who made once she is a woman of substance. They make it almost impossible, though.

After studying business economics of education, Hindustan Lever came calling. But it was his mother, and the Council has opted for the training activity “is selling soap.” Smiles of a student, it is easy for me. Il me relax. ”

Just like in the temples to visit every Sunday. “When I am in town, I do it to my visit to the temple of Mulund. It is a secular temple, where we read, the Gita, the Guru Granth Sahib, and Ramayana. It is very refreshing. She adds, the pace for my life and makes me value. ”

She plays and sings himself bhajans Harmonium! But then, if she was educated - with God, a part of each day.

M Planet won an award for retailing

Pune: M Planet “won the Distributor of the Year” in the fourth distinction Indira awards for excellence in marketing, which Poona, the club on Sunday.

Receiving the award, Ajay Mehra, Chief Executive Officer, Planet M, said: “I feel privileged to get this award. It is a sign of recognition for the success of Planet M as a trademark. It is a strong and committed team, the success of these options. Passion and faith of the brand more profitable. ”

Awards were given in 18 categories, with BS Nagesh of stop-shopping, awarded by the Chief Executive Officer of the Year. ” Ad-guru AG Krishnamurthy, Arun Firodia, chairman and managing director of Kinetic group and Usha Bhandarkar, director of the planning group Lowe India, the work of a lifetime have been excellent.

Presentation of the most important for the evaluation of the evening were the largest Prem Mehta, Chairman and CEO of Lintas India Pvt. Ltd, at home, and two distinctions guest of honour at Ganesh Natarajan, vice-president, CEO and Managing Director of Zensar Technologies.

Other big winners on the evening were for the NDTV ‘News Channel of the Year “,” human beings for the Ethical Treatment of Animals (Peta) for a social marketing and awareness.

Accepting the prize for excellence has been the hallmark AP Parigi, managing director of Radio Mirchi. Other winners in this category was Tanishq India, Tata Motors, Dabur India, LG Electronics and India, Hindustan Lever.

The selection of winners was conducted by Internet Polling primary research and jury selection. Jurors are Prashant Medury, CEO of Silicon Graphics; Ramola Maha Jani, MD of SHL India, Harish Mehta, Chairman of flight novel, and Bal Palekar, COO Eureka Forbes.

The awards were presented by Indira group of institutions, in conjunction with amusement and pleasure to work in Mumbai.

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