Ambiguity shock: How Western firms lose!

M&M isn’t the only company from an emerging market that is making the world sit up and take notice. Over the past two-plus decades, waves of liberalization have all but washed away protectionist barriers in developing countries. As those nations integrated themselves into the world economy, multinational corporations from North America, Western Europe, Japan and South Korea stormed in.

Many local companies lost market share or sold off businesses as a result, but some fought back. They held their own against the onslaught, restructured their businesses, exploited new opportunities and built world-class companies that today are giving their global rivals a run for their money.

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Source:- IIPM Editorial

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Genetically Mortified?

What would be the technological catalysts that could trigger the Second Green revolution? Many scientists, analysts and spin doctors are betting on Genetically Modified (GM) crops to do the trick. So sustained and heavy duty is the propaganda surrounding GM food that a majority of otherwise sceptical media analysts seem to have swallowed the bait hook, line and sinker. No doubt, the technology holds enormous promise and potential. No doubt, it has been demonstrated in countries like the US that farm productivity levels increase phenomenally when GM crop seeds are utilised to grow wheat, maize, brinjal and a variety of other food grains, fruits & vegetables. Yet, the sobering reality is that GM food can also turn out to be a malignant Frankenstein’s Monster that can destroy agriculture in virtually the entire Third World, including India.

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Source:- IIPM Editorial, 2006

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“nuclear-armed power for the next generation.”

Under the circumstances, one can only appeal and urge Britain to set the right example for Iran and North Korea to emulate. But, these ‘peacenik’ thoughts will always remain dreams because realists across the world will cite ten big reasons for the continuation of cold war type deterrence. More importantly, will the military industrial complex, embedded in the Western ethos, ever allow the fear of annihilation to vanish? And, isn’t that the neo-conservative agenda?

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

DRDO needs to re-orient itself

Yet, it is too premature for DRDO to celebrate and for the media to create headlines like ‘rise from ashes’ and hype up the situation. This supersonic missile has to at least go through a series of successful tests before it can be inducted for real time defense of the country. It should also be ensured that DRDO does not thrust this capability on the armed forces with inadequate tests. At the same time, this success should not be allowed to cover up the failures of the Nag, Akash, Trishul and numerous other misadventures. It should ideally be a norm rather than an exception that every endeavour of DRDO succeeds. No justification and no excuse for their previous failures. A single success cannot wipe out all the blots of the past.

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative