Environmental risks?!?! Grrmph!

IIPM Alliances

Guess what! Companies are now refusing to reveal environmental risks!

Now that the climate change discussions have moved from controversial to conventional, and economists expect the world to lose a mammoth 2.6% in terms of GDP this year due to extreme weather events (in fact, the loss in regional GDP will be a killingly massive 6% for the developing and South Asian nations by 2100 – see B&E issue dated February 22, 2007), the question that surfaces is how deep, financially, will the cut be in the global corporate world?

Digest this! The most famous and recent survey conducted on S&P 500 companies by US based Ceres, the leading coalition of environmentalists and institutional investors, found out that only a quarter of the respondents posses measurable emissions reduction targets and have decided specific time frames to accomplish the same. On the other hand, “Most companies in sectors with lower emissions, such as healthcare, retailers, and banks, have been largely unresponsive to the financial risks they face from climate change,” Ceres spokespersons bemoaned to B&E. In a benchmark fashion, by picking up the impact of hurricanes in 2005 as an example, while nearly half of S&P 100 companies reported definitely measurable impacts from these hurricanes, the losses related to ‘Katrina’ and ‘Rita’ in the third quarter of 2005 were estimated to be nearly $4.5 billion. Compellingly, top of the line companies like Bell South recorded a loss of $102 million for asset impairment and $136 million in other expenses.

But now comes the most worrisome of all the findings of the Ceres survey. Analysts forecast that the impact on investors is going to be disastrous, especially for the long term ones, as most of the companies still do not provide any kind of climate risk disclosure to their investors, clearly ignoring the investors’ right to know the environmental risks attached with the company they are investing in. Astoundingly, nearly one third of the respondents of the Ceres survey did not even allow their responses to be made public. Unless global regulators make the inclusion of such details as mandatory, and unless such clear double-speak (of hiding details of environmental risks) invites legal action, Enron could well be the most ethical firm this side of the 21st century!

Edit Bureau: Deepak Ranjan Patra

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Source : IIPM Editorial, 2007

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

BRAND BUSTERS

IIPM PUBLICATION

The following points are the prime criterion for selecting, short-listing and ranking the winning ads in this section:
• Product positioning clarity
• Clinching benefit to the brand
• Presence of a power idea
• Visibility of brand personality
• Expectancy of communication
• Single-minded focus of message
• Reward to the prospect
• Visually arresting
• Painstaking craftsmanship Here’s the 4Ps B&M verdict for the fortnight ended May 22, 2007. First come the print ads, then the TVCs. Ready for a piece of action?

BRAND: Hutch
HEADLINE: “I’m standing at the 107th floor balcony, sipping chai”
BASELINE : Travelling abroad? Tell…………Hutch Home Calling Card.
AGENCY : O&M

4Ps TAKE : It’s summer time, and everyone loves the idea of going on a summer holiday! But, how all of us crave to share the small moments that become stale by the time we are back. Now, Hutch’s Home Calling Cards is cashing in on this very sweet sentiment. The power idea is to lure both business as well as leisure travellers this season into buying Hutch’s recently launched calling card. The USP? This card works with any local phone in 95 countries. The visual is attractive with the Home Calling Card’s picture in black and pink and the white background stands out. The communication is smart and crisp. While the 107th floor denotes a foreign country, the feeling of sipping chai at the balcony is one which needs expression and that’s where these Calling Cards come in handy. The ad tries to draw an emotional connect as its body copy says: Travelling abroad? Tell everyone how it’s going to be with the Hutch Home Calling Card. So, the next time you plan a foreign trip, you know what connects you to home, don’t you?

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

IIPM is A World of Career

LAST DATE FOR IIPM ADMISSIONS CLOSING IN

Course commencing in August 2006

>>> Send Email For Registration at info@iipm.edu <<<

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Management Guru and economist, Arindam Chaudhuri, on IIPM

RESULTS OF THE 2006
BUSINESS TODAY – ACNIELSEN ORG-MARG STUDY OF
INDIA’S BEST B-SCHOOLS!!
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(Given below is a partial list of various parameters of the rankings. For the complete list, refer July 16th 2006 issue of India’s No. 1 Business Magazine, Business Today or July 17th 2006 issue of India’s No. 1 News Magazine, India Today )

MBA students recommended IIPM as the 5th best B-School in India With more than 1500 B-School in India, it speaks volumes about IIPM
1. IIM-A
2. IIM-B
3. IIM-C
5. IIPM (New Delhi)
7. IIM-L
8. XLRI
9. JBIMS
10. IIFT
(IIPM is ahead of three of the IIMs)

Recruiters, Executives, Functional Heads, MBA Wannabes, MBA students recommended IIPM as the 8th best B-School in India!
1. IIM-A
2. IIM-B
3. IIM-C
5. JBIMS, XLRI
8. IIPM (New Delhi)
9. FMS, IIFT
(IIPM is ahead of three of the IIMs)

IIPM was the 7th First favorite B-School in India across all sections
1. IIM-A
2. IIM-B
3. IIM-C
5. JBIMS, XLRI
7. IIPM (New Delhi)
7 IIM-L
(IIPM is ahead of two of the IIMs)

White the over all top 10 B-School rankings predictably had 5 IIMs and a few other, IIPM took the 11th and 16th slots! IIPM is the only brand apart from IIMs with more than one of its branches to be there in top 30 B-School of India for the 3rd consecutive year!!
11. IIPM (New Delhi)
12 IIM-K
14 S. P. Jain
16 IIPM (Mumbai)
17 NMIMS
19 MDI-Gurgaon
22 XIM-B
25 IMT-Ghaziabad
(IIPM is ahead of one of the IIMs)

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IIPM Press Release :- “I’m Bad!” Gosh, really?!

IIPM Alliances

They’ve known black, they’ve known white; wonder if “it don’t matter”?

It’s not just the first name and the last syllable of the last name that Michael Jackson and Michael ‘Mike’ Tyson have in common। Two figures who have seen both the proverbial zenith and nadir of their careers under unprecedented media glare; both Tyson and Jackson remain, at worst vilified as celebrity villains and at best, personalities with strong affinity for controversy. Their talent is unquestionable, as is their penchant to surround themselves with situations so eccentric that they bordered on the fictional. Their lives have been full of events that tabloid and paparazzi fodder is made of and if their lives can be said to be running on parallel tracks, those tracks surely belong to a roller coaster.

Tyson battled a strife-torn childhood in a notorious Brooklyn neighbourhood before his boxing talent was spotted at school by a juvenile detention counsellor, Bobby Stewart। Tyson trained under him and later under the legendary Cus D’Amato (a trainer who had trained Floyd Patterson among others). After a decent start (24 wins 3 losses) as an amateur, Tyson turned pro in 1985.

Michael Jackson, who went on to become the King of Pop, meanwhile had spent his childhood performing as a part of The Jacksons and his solo career took off with the album Off The Wall in 1979, one that spawned an incredible number of four top ten hits worldwide including Don’t Stop Till You Get Enough that won him a Grammy।

On the other hand, shooting at the top of the boxing popularity charts was Tyson, with TNT in his fists, knocking out reputations and opponents with unmatched ferocity, emerging unfazed as the youngest man to have won a heavyweight title belt। The nickname ‘Kid Dynamite’ captured the Tyson aura the best. It all came unhinged in the 1990s when a string of disasters struck his career. First came the shocking loss to rank 42-1 outsider James ‘Buster’ Douglas who knocked Tyson out in the 10th round. Then, in 1991 he was arrested and later convicted of rape which sentenced him for 6 years (released after serving three). Tyson converted to Islam in the mean time and took the name Malik Abdul Aziz.

Jackson’s career graph continued to spiral upwards phenomenally as his follow up album Thriller became the best selling album of all time। The ones that came next were no mean feats themselves – Bad, Dangerous, HIStory all were albums that were global smash hits. Jackson set a new trend with stylish and expensive music videos that drew huge audiences, and as his fan base grew, so did the media scrutiny of his private life. Initial accusations of child molestation were raised in 1993 and 10 years later in 2003, he went on trial, charged on seven accounts of child molestation. The trial which began on Jan 31, 2005 acquitted him of all charges, but his image took a beating. Amidst all this, he managed to release Invincible, the album that debuted at No.1 in 13 countries!

Mike Tyson career went from bad to worse as he defended his WBC title (won from Frank Bruno in 1996) fighting Evander Holyfield, to whom he surprisingly lost under controversial circumstances as the Tyson camp complained about Holyfield’s head butts। Tyson’s fall from grace was completed in his second bout against Holyfield in June 1997, where enraged by the alleged head butting tactics of Holyfield, Tyson bit off his opponents ears in a shocking display of barbarity and raw emotion. Tyson never recovered from the incident and got into numerous legal problems later, going to prison for a second time on charges of assault. ‘Kid Dynamite’ suddenly became ‘The Baddest Man on the Planet’.

One has been named ‘Most Successful Entertainer of All Time’ by the Guinness World Records and the other ‘The #1 Most Outrageous Character in Modern Sports History’ by ESPN। Together they have hogged more space in pop and tabloid media than perhaps all other celebrities combined! Today, while Jackson still remains wildly popular, Tyson battles anonymity and bankruptcy, picking up the pieces from a burnout of what could have been high flying careers of enviable exemplars.

Edit bureau: Tareque Laskar

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Source : IIPM Editorial, 2007

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