IIPM: July 2007

And we’ve come to a paradoxical situation, where on one hand, the number of mobile subscribers are growing monthly at an astounding six million plus – with total base having blazed ahead by

a blinding 68.1% in March 2006 to an astounding 166.05 million in March 2007 – creating an environment, which clearly calls for more aggressive growth plans by the entity that started it all.

Alas, the leader has taken a beating instead. According to a ORG Gfk study, while market share of Nokia has fallen shamefully from a splendid 78.8% during February 2006 to just around 68% today, times for its competitors have only got better with Motorola having gained a market-hold from just 4.6% in February 2006 to a fantastic 15% today, while Sony Ericsson’s rose from 5.1% to an encouraging 9%! Besides, there are others – LG, Samsung, BenQ et al – capable of taking hard hits at the leader’s position, which is getting more feeble by the day. Jay Vikram Bakshi, President & CEO, DigiQom Solutions, comments, “The growth of the Indian mobile market means new entrants have an opportunity to make an impact!”

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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As an international bank of repute; Standard Chartered has set unprecedented benchmarks in the banking arena,

be it investments in the community development programme, investment of $500 million for microfinance, $800 million investment for renewable energy, et al. It’s the recognition of these efforts that has earned it ‘The Banker-Bank of the Year 2006- Global CSR’ award. As Mervyn Davies, Chairman, Standard Chartered, points “We want to be known as a responsible business and are determined to lead by example in the markets in which we operate. We realise that we must find ways to sustain economic growth without damaging the environment and society.” Small wonder that Standard Chartered in India have combined their global capability, deep local knowledge and creativity to outperform their competitors.

Their core strategy is organic growth, but then acquisitions do play an important role in Standard Chartered’s action plan. Their recent acquisitions in Pakistan and Taiwan have provided them new platform for growth. Their expectation of double-digit income momentum across all geographies is bound to see the light of the day with these acquisitions.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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IIPM

Tuesday, July 31, 2007

The Indian telecom market, which, even a year back, was its ‘playground’, is no more a safe haven for Nokia

Thursday, July 12, 2007

Organic is the way to go forward