The People’s Republic of China may have initially missed out on industrial revolution that made the western nations what they are today and constrained China to an emerging economy in spite of its mercurial economic growth for the last three-and-a-half decades. But learning from the past, it is all set to become a front-runner in the virtual revolution, and is very ready to leverage maximum possible benefits out of it. In fact, it has gone a step further to set off cyber warfare with other countries in the congested and tightly competitive virtual world. And this time, it won’t settle for being a laggard, for it is heading fast towards its most cherished goal of becoming a global superpower!

Undoubtedly, the modern warfare is no more about the number of casualties or destruction of physical property. The new doctrines of war is all about attacking a nation economically and paralyzing it for years to come. An economically broken nation would not only destroy its human capital in the long run but would be politically fragile too. In order to showcase their supremacies, today, nations are not only stealing information that have high strategic value but also destroying trillions of data bytes in host servers, thus leaving victim nations at perils.

China has unleashed muscleflexing exercises through the cyber world and the focus is straight at its favourite enemy, the United States of America. In the real world though, despite being a permanent member of the UN Security Council and a full-fledged nuclear power, China knows it well that it is still not at par with the western armament technology, especially to that of US, UK, France and Russia. The desperation to bridge the gap forms the cornerstone to China’s cyber warfare rationale. Time and again, it has attacked various military and intelligence websites – what we call espionage – to gain access to data, technologies, blueprints, strategies and geo-strategic coordinates. To a large extent it is successful too, as there are increasing concerns in US and UK establishments regarding the price they might have to pay as a result of this on-going cyber war. However, the cyber battle is not just confined to military espionage. It includes intelligence, economic and social espionage too. Back in 2010, computers at diplomatic posts of around 103 countries were intruded by China’s cyber-spies. Phishing attempts were also made on the American power grid, and its financial records and air traffic control systems. Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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The former US president George W. Bush called Hugo Chavez of Venezuela a “devil” and allegedly backed his opposition in the subsequent elections, to the point that there were rumours, confirmed by Chavez, that the Americans had hatched a plot to kill him. Reports alleged that organisations like FBI and CIA were all primed up wanting to get rid of Chavez. There were numerous other assassination attempts, ranging from attempts by Gov. Manuel Rosales (his arch rival in domestic polity belonging to Un Nuevo Tiempo) to those by the Columbian secret police. However, all those attempts were foiled by the mercy of his fate, before he eventually died bravely fighting cancer on March 5, 2013.

As his coffin, draped in the national flag, was passed through the streets of Caracas, the very sight of swelling crowds flocking in for the last glimpse of their beloved leader spoke volumes of his popularity and larger-than-life image. And why not! He was a socialist leader who had the guts to take US by its horns and who showed the world, along with Cuba, that sustained progress, development and prosperity are also possible with socialistic ideologies. His Bolivarian Revolution had all the ingredients of a socialist movement, yet it reaped a rich harvest of development and poverty reduction. He nationalized a large set of industries, especially those that were essential for economic and social development. In order to destroy cartelisation and illicit hoarding (that have critically adverse effects on the lower strata of society), Chavez strategically nationalized cement companies, steel plants and supermarkets. He then swiftly nationalized the oil and gas sector, leaving a powerful lobby of petro-oligarchs completely dumfounded. So much so, under the Bolivarian Revolution, he draft ed trade policies that promised cheap oil to poor neighbouring countries – something that can never be expected from the so-called elitist capitalist nations. Unlike the West, he also brought education and health under government control and used it as a catalyst for poverty alleviation. The tangible proof of his success is reflected in the UN Economic Commission for Latin America report stating that the poverty rate in Venezuela was sliced from 48.6 per cent in 2002 to 29.5 per cent in 2011. Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

SC slams AICTE's illicit control on MBA courses
MBA, MCA courses no longer under AICTE
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
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The Economist, in an unbelievably futuristic cover story titled Who killed the newspaper, way back in 2006, had written that the last American will throw the last piece of newspaper into the dustbin by the year 2050! I trusted The Economist and its Intelligence Unit’s researches far too much to outrightly reject its forecast, but surely had thought that that would be crazy, since I came from a family where I grew up seeing my father read about a dozen odd newspapers daily; and us reading the leftover pieces – because, after he had finished reading a newspaper, it would be full of holes due to his cutting out various articles. He had a wall-sized cupboard with hundreds of drawers with articles on every possible topic in the world... well-documented and stored alphabetically. So naturally, The Economist piece set me thinking about the ramifications for and of a world without newspapers, echoing the line of thinking of my father that after all, newspapers were where we got our knowledge, and even education from. Newspapers are a significant pointer to the literacy of a nation. After college, intellectual and world-class columnists like Swaminathan and others, from newspapers, contributed to expanding my knowledge pristinely – you can imagine the respect all this embedded in me for the institution called the newspaper! So I was in a state of semi-disbelief and doubt for the past few years, post reading that cover story. But it all changed, slowly...but surely.

It all started changing around 2009 to 2011! As everyone knows, we were one of the country’s biggest ad-spenders till 2012! But interestingly, our returns from newspaper advertising started dropping sharply from 2009-2010. The first year, the admission applications we received from students due to our newspaper advertisements dropped to 40% of the levels we had in 2008-09. The next year, the same was 25% compared to 2008-09 levels. And finally in 2011-12, our applications from advertisements were, hold your breath, just 5% compared to 2008-2009! So basically, in three years, our returns from newspaper advertising came down by a mind numbing 95%! The question you might ask is, did our admissions also come down as much? Thankfully not! Yes, like the economy in general and the education industry in particular, the downturn did affect our business, but that was by a far lesser margin compared to the sharp decline in our returns from advertising! So how did we manage to stay afloat despite the disappearing returns from newspaper advertisements, you might wonder? But before that, let me tell you what we went through as we saw these sudden and massive drops!

The first year, our typical reaction was to straightaway blame the recession and not our advertising strategy. After all, those were newspapers which made us a brand and got us all the students in all those years! So newspapers were never to be questioned! The second year was when we actually started thinking, was there something going wrong with the management education sector? But such a huge drop just due to recession and lack of demand for management education? It was tough to believe! By the third year however, realisation had started to dawn upon us and we realised that newspapers as a means of advertising had not only become a thing of the past in the developed world, but also in India! Especially if you wanted to target the youth, or actually anyone born after 1980 for certain! None of them is reading newspapers anymore! So how will this segment see your ads in the first place and how will they pick up your application form? Yes, that’s the hard fact! Newspapers globally have tried to shift focus from serious content to entertainment and lifestyle in a desperate attempt to cling on to young readers! But alas, naked bodies and titillation are far more easily available and in greater variety on the internet and such a strategy of newspapers has failed worldwide to keep youngsters attracted to them! And India has been no exception, despite the most colourful of peepshow supplements taken out by all newspapers across the country!  Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

SC slams AICTE's illicit control on MBA courses
MBA, MCA courses no longer under AICTE
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page

IIPM Global Exposure
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With the 2014 general election staring us in the face, the Finance Minister, Mr. P Chidambaram, presented a budget that resembles a financial bulwark for the masses – but where defence, like others, has been a casualty in the bargain. India had always been an important export destination for weaponry and defence equipment, areas which were monopolized by USSR during the greater part of the Cold War. Even after many entry barriers were removed allowing Western nations to penetrate the Indian defence market, the lion’s share of the defence pie continued to be controlled by Russia – a trend that is still as much in vogue as it was yesteryear!

And this budget gave India all the more reason to continue the said trend – a glimpse of which is displayed every year during our Republic Day celebrations where our government showcases the country’s military might as tableaus in front of the entire nation. This year, most of the defence weapons displayed were either imported or were assembled using the parts imported from countries across the world. In short, our tableaux were in fact a virtual display of Russian or Israeli military power!

A defence budget of Rs 2.03 lac crore is certainly good news for India but not good enough for it to rejoice because the procurement model itself is fraught with enormous opportunity costs. Plus, the factor of corruption that is being uncovered every now and then in various deals adds to its limitations. General V. K. Singh’s deliberations can be only the tip of the iceberg as there can be more than a few skeletons in the closet. The beginning of the long line of defence scams started with the Bofors scam in 1987 that involved an alleged kickback of Rs.64 crores – an astronomical figure in those days – for the purchase of the Swedish 155mm howitzers. The Barak missile scam in 2006 that had a deal amount of $169 million was tainted by the accusation that the government went ahead with it despite opposition from the DRDO. The coffin scam in 1999 was another blot with cases filed against army personnel and American contractors. And finally, the much publicized Tatra truck scam in 2012 where a kickback of Rs.14 crore was offered – as claimed by Gen V.K. Singh – and subsequently rejected.  Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

SC slams AICTE's illicit control on MBA courses
MBA, MCA courses no longer under AICTE
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page

IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links
IIPM : The B-School with a Human Face
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