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Madhavan T Gopalachary Articles
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What is a business cycle? - Click To Read Article It must be noted that if a brand or product failure takes place, it is not just marketing or production failure alone, it is also a team failure, especially the TMT. It is the failure of its marketing judgment. Search Engine Wars - Click To Read Article This article discusses the monetisation problem Managing Cultural Change - Click To Read Article Problems of SMEs Secrets of Successful Leadership - Click To Read Article Quick Implementation of Decisions Take Paradigm Shift - Click To Read Article This article clears the cobwebs around what is a paradigm shift Job Hopping - Click To Read Article Its psychopathology, cause and effect - Is it beneficial in the long run Demands of the new workplace - Click To Read Article The modern workplace is different and needs a paradigm shift Performance Related Pay - Click To Read Article Peroermance related pay is a useful tool of a PMS. This discusses the reasons why it does not give the right results Workplace Management - Click To Read Article This article describes the Japanese technique of managing the workplace Why is Cash flow so very important - Click To Read Article This article discusses the importance of cash flow In Search of Excellence - Revisited - Click To Read Article In Search of Excellence - Revisited The challenge, myth and role of Corporate Strategy - Click To Read Article The challenge, myth and role of Corporate Strategy Why family managed businesses fail? - Click To Read Article Why family managed businesses fail? Common Characteristics of Dysfunctional Teams - Click To Read Article Typical and Common Workplace Characteristics of Dysfunctional Teams Acquisition of Dow Jones by News Corp - Click To Read Article Gives a different side of the coin to the above acquisition Mega Brands, Perceptions and Reality - Click To Read Article Mega Brands, Perceptions and Reality Are Maintenance Workers Different from the Rest? - Click To Read Article Detailed research and analysis by various authorities over the decades has proved that maintenance workers are indeed different from the rest. Executive Compensation - Click To Read Article The stock options plan has led to more problems in compensating senior executives. Is Quality Policy Statement Necessary - Click To Read Article This article discusses basic quality issues Sexual harassment at workplace - Click To Read Article Sexual harassment at workplace is increasing globally. This paper gives brief guidelines on the issue. Business Ethics Technological Environment Indias Night of Death Union Carbide Case Bhopal India - Click To Read Article India's Night Of Death - The Bhopal disaster Business Ethics Consumer Rights and Complaints The Case of McDonalds Coffee Albuquerque New Mexico USA - Click To Read Article In this article we have highlighted the ethical and legal problems for businesses in respect of consumers. The reason we picked on this case is because it became a cause celebre, a butt of several jokes and made people do some soul searching on the prevailing Tort system in USA. Business Ethics Cost Benefit Analysis - Click To Read Article This discusses the Ford - Pinto case Model of Business Leadership - Mr Donald Peterson formerly of Ford Motor Company FMC, USA - Click To Read Article This profiles a great working leader. Such leaders are required in future. Brand Differentiation - Click To Read Article This article discusses branding strategies Motivation and Morale - Click To Read Article This article discusses reasons for low morale at workplace Leadership examples from real life - Click To Read Article One need not be a General or a CEO or a President or a Chairman to be a called a leader. Goals and Goal Setting - Click To Read Article How to go about goal setting Vision Statement - Click To Read Article This clears the confusion about various statements Customer service outsourcing - Click To Read Article Business process outsourcing has become an issue in high cost western countries. However, it is necessary to look at the problem holistically and without inbuilt prejudices. Business Ethics - Blood Money - Social Issues - Click To Read Article I have raised some questions for debate and coming to a consensus. However, this is a social and a moral issue and it is for the respective societies to decide. Tips for becoming successful in Sales - Click To Read Article Simple tips for salesmen to become successful in their profession Resource Management - Click To Read Article Resource management is basically an economic activity. Majority of the businesses do not understand economics. Anatomy of a Crisis The Vioxx Case - Click To Read Article There is too much of corruption and/or unethical practices in the drug and healthcare industry. It is for the drug and healthcare industry to decide whether making money by experimenting, disabling and killing people is right or wrong. Mr Lee Iacocca The Transformational Leader - Click To Read Article Business management is all about leadership. Management scholars like Tichy, Devanna, Westley, Mintzberg and James Mcgregor Burns studied various leaders and have written volumes on the subject. It was Burns who coined the term "Transformational Leader". Amongst all modern business leaders, Mr. Lee Iacocca epitomizes transformational leadership.He is also termed a "Bricoleur" which means a person who visits junkyards and salvages them into meaningful products by innovation. This is characterized by his being responsible for one of the most successful models in US car history by using existing platforms or engines or both. Why carryout training development ? - Click To Read Article Training and development is one of the most neglected areas in most organizations. The answer to the above question is 'If you think training is expensive, try ignorance'. Employees and workers must take charge - Click To Read Article Employees and workers must take charge if they want to survive in today's competitive world. If they don't, they may not have jobs in future. Online Advertising - Click To Read Article The market share of Internet advertising is expected to go up from 5.8% in 2006 to 10.2% by 2010. The present global ad market pie is estimated at $ 285 billion.Internet advertising is expected to explode over the next few years. Importance of Production-Operations Management - Click To Read Article Importance of Production/Operations Management is hardly realized because there are more glamorous options for young people today. However, lack of knowledge and experience in it will be detrimental for career growth in the long run. The Missing Qualities of top class leaders and strategists - Click To Read Article We are being increasingly surrounded and swamped by giant companies headed by mediocre leaders. The same phenomenon is seen in almost all spheres of life. It is the age of mediocrity. Leveraged Buyouts - Click To Read Article Historically, many LBOs in the 1980s and 1990s focused on reducing wasteful expenditures by corporate managers whose interests were not the same as shareholders. After a major corporate restructuring, which may involve selling off portions of the company or assets, called asset stripping, and severe staff reductions, the entity would be producing higher income streams. Because this type of management arbitrage and easy restructuring has largely been accomplished, LBOs today focus more on growth and complicated financial engineering to achieve their returns. Most leveraged buyout firms look to achieve an internal rate of return in excess of 20%. Business Ethics - Problems in Natural Environment - The Exxon Valdez Incident - Click To Read Article Only 28 countries of the world had more annual income than Exxon in 2005, based on the purchasing power parity method. The bottom 150 countries collectively may not have their annual GDP equal to that of Exxon. Economic Conundrums as being witnessed in USA today - Click To Read Article You must follow the old adage of not having all your eggs in one basket. Do not overly depend upon any particular industry. Do not overly depend upon any particular area. Spread your wings wide but put all your resources at the single most decisive point. Mr. Robert Townsend - Profile of a great leader - Click To Read Article No other business leader and writer has influenced me more in my career than the great Mr. Robert Townsend. I hold him in the highest esteem for his forthright leadership. Thank you very much Sir. Very few managers have the integrity and honesty advocated by him. Credit Crunch - Click To Read Article Bankers and Money Lenders are the biggest leeches in the world and no wonder Islam considers it as 'haraam'. They always adopt a win/lose position. This is a fundamental aspect of life everyone should know. Since 90% are SMEs in USA, this will lead to unemployment and lack of expansion by them because money is not available. Mr. James Burke - Leadership in Crisis Management - Click To Read Article PR will not be effective in the absence of top class leadership. The best example is the use of PR by J & J during the 'Tylenol' cyanide poisoning crisis. Why a business must understand Costing ? - Click To Read Article Most SMEs do not employ trained Cost Accountants to save on manpower costs. This is equivalent to being penny wise pound foolish. Stagflation, Credit Crunch and FRB Policies - Click To Read Article The new year 2008 does not look very bright and promising for the US & global economy and that will be an under statement. The Attitudes of HRD & Senior People - Click To Read Article Time and again I have come across senior and HRD professionals who by their arrogant, abrasive attitude and behavior turn off good people. Since they are the frontline people for screening and they have to interview large numbers, approve or reject them, they acquire a big ego and adopt a style that is uniform for all levels of management. Friendship Branding? - Click To Read Article Building trust and friendship is the basic story of all successful brands. Why is enthusiasm necessary? - Click To Read Article Enthusiasm is an attitude and character of a person. It shows energy, drive and interest in tackling work, issues, play, hobbies, and problems or for that matter anything. It does not mean that if a person is enthusiastic, he or she is more competent and skilled. The acquisition bid for Yahoo by Microsoft - Click To Read Article Though we did not mention it earlier, Microsoft has the best chance for making a bid for Yahoo and acquiring it, whether friendly or hostile. Microsoft has the money and can outbid anybody, just anybody. The combined human and technological resources of Microsoft and Yahoo can be a formidable opponent. Google must concentrate on how to fight the new competition, instead of wasting time to block the deal. It will also be good for the industry in the long run. Google has become a fat cat because the competition is too far behind. Handling Criticism - Click To Read Article Destructive criticism is normally delivered by mediocre people. It is mediocre people who are able to bear it. It is the main reason they often prosper at workplace as compared to very competent people. Model of Business Leadership - Sir John Harvey Jones - formerly of ICI, UK - Click To Read Article Sir John Harvey Jones exemplified the 'Change approach'. Sir John Harvey Jones was very humane in his approach and his style would have worked anywhere in the world. The 'Anglo Culture' of leadership will not generally work in Scandinavian Europe, Asia and Latin America, where people are more emotional and societies are socialistic oriented. In 'Anglo Culture' the results are important, not the means of achieving it. Sir John Harvey Jones is an Englishman and was working for a typically 'Anglo' culture firm like ICI. This is where Sir John Harvey-Jones' greatness lies. Knowledge, Skills, Attitudes, Habits and Talents - How do they differ? - Click To Read Article Competencies are a combination of some specific knowledge, some specific skills and some specific talents. This term was developed by the British Military during World War II to identify special people for difficult and dangerous assignments. Generally, Special Forces involved in commando or covert operations need such competencies. Over a period of time it was absorbed into business management jargon like many other military terms. It is better not to use this term singularly as it can be misleading. Recession 2008 in USA - Click To Read Article The health of the US Economy is far too important for the health of the global economy. When the US Economy is in doldrums, some very poor and innocent man or woman or child in a far off corner in the globe will starve, because the poor thing cannot get even one square meal a day. That is a grim reality which the policy makers should accept and take proactive action. Unfortunately, the decisions taken so far are far from satisfactory. The US Government and FRB are attacking the symptoms and not the root cause. Social Loafing in Teams - Click To Read Article It is found that when a group of individuals came together, everyone expects the other to put in the maximum or extra efforts and their own contribution is reduced. The whole is not greater than the expected sum of individual parts, in such cases. This is termed as 'Social Loafing' by psychologists. Social loafing is more prevalent amongst many teams than perceived to be and many are not aware of it. Why giant institutions like Bear Sterns go bust - Click To Read Article Barings was a much respected and revered British merchant bank and in existence for more than 200 years. All merchant banks invest and trade in stocks, currencies, derivatives like futures & options, CPs etc., Barings was no exception. In 1994, twenty eight year old Nicholas 'Nick' Leeson was the bank's general manager based in Singapore and in charge of its 'Futures' operations. Airline Mergers - Click To Read Article No business remains a monopoly and highly profitable for long. Competition comes in and the industry becomes an oligopoly for some time and after some more time, when the market has too many players. the smaller players get squeezed out, because they can't sustain themselves and it is back to square one of the 'Snakes and Ladders' game played by kids with a dice. This gets repeated but the players are different. What are hedge funds ? - Click To Read Article In mid April 2008, the New York Times reported that one hedge fund manager took home a compensation of more than USD 3 billion in the year 2007. It is a mind boggling sum and many poor countries do not have their GDPs equal to it. Billion dollar salaries have become a distinct possibility in managing hedge funds as there are many such fund managers. If a fund manager can earn that kind of money in a year, what would be the earnings of the investors in such funds ? Even giant corporations do not make that kind of profits. Model of Business Leadership Dr Jack Welch - Click To Read Article Dr. Welch was a mover and shaker. He made GE one of the top, most admired and valuable companies and it occupies an exalted position in the business world. Whatever the academics, critics, researchers and management scholars may say, they can't deny that his consistent results over four decades speak for themselves. Dr. Welch has proved that a great crisis manager can also be a great growth manager. Please see my article titled 'Leadership examples from real life and history'. Differentiating the men from the boys in business - Innovation & Marketing - Click To Read Article What makes a company great and successful? What differentiates the winners, the also rans and the losers? What differentiates the men from the boys? Why do companies with equally good products fail to capitalize, while others succeed? Guerilla Tactics and Startegy in Marketing - Click To Read Article This article briefly outlines the tactics and strategy that can be applied when competing with bigger and stronger competitors. What is Arbitrage ? - Click To Read Article This term basically means that a buyer buys some stock at a lower price and sells at a higher price, either in the same market or in a different market. Horses and Donkeys in Management - Click To Read Article One common folly many managements commit is they load performers with more work and leave the non performers alone. The article has been written with tongue in cheek and people should not mistake the references to animals. Finding the right job - a myth or a reality? - Click To Read Article People who are stars do not leave overnight and under normal circumstances. There will be enough signals before that and only mediocre managers will not spot them or ignore them either out of conceit or arrogance or complacency or all of them. However, if a star resigns because he or she has better prospects elsewhere, no problem. Find out the reasons for leaving and take corrective action. Balancing size and profitability - Click To Read Article Get better before getting bigger Redefining Economy and Business - Click To Read Article The state of the economy and business are closely linked. SMEs contribute to 80% of employment, worldwide. However, their importance is hardly realized. Since large enterprises and SMEs have to coexist, the governments should do more to help SMEs. Flanking as a strategy in Marketing - Click To Read Article Flanking is used for attacking a bigger, stronger and well entrenched opponent. A direct attack on such an opponent will require an overwhelming superiority of all types of resources, as the opponent will be on a high ground or well entrenched. Promoting People and thereby putting round pegs in square holes - Click To Read Article When promoting people, if the talent of individual is not taken into consideration, organizations will just manage to put round pegs in square holes while promoting people. Many organizations are just doing that and blithely unaware of it. As management consultants when we tell them that, you must personally see the reactions of the concerned people. Like this article? Share it with your friends
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