Flexible Learning Programs

20
JUN

Contextual Commerce and the Retail Landscape

CATEGORIES : RETAIL MANAGEMENT

As retailers continue to seek opportunities to improve shopping experience, Contextual Commerce is gaining ground. TechCrunch describes Contextual Commerce as “the potentially game-changing idea that merchants can seamlessly implement purchase opportunities into everyday activities and natural environments. In other words, people can buy anything, anytime, anywhere, with the click of a button … or even just their voice.” Consumer behaviour has evolved. The proliferation of mobile devices has required retailers to enable an always-on shopping experience. Analytics, combined with technology, has enabled retailers to put the right products in front of customers at a time when they need them the most. more...

16
JUN

Operational Excellence that have Helped Organisations to Pull Back to the Black

CATEGORIES : OPERATIONS MANAGEMENT


Companies are faced with operational complexities as they seek to explore new opportunities for growth. Bypassing complexity isn’t an option in the face of increased competition, expectation for rapid turnaround times, product innovation and an ever-expanding set of distribution channels. These complexities lead to cost escalations thus adversely impacting operating margins. Therefore, traditional cost containment methods do not protect companies against diminishing margins. Given this background, companies are increasingly investing in building operational capabilities to improve scale, margins and profitability. more...

12
JUN

Iconic Brands Doubled-up as Verbs

CATEGORIES : MARKETING MANAGEMENT

Every brand – or at least consumer brands – operates with the aspiration to become a household name. In order to gain foothold and market share, companies spend significant marketing dollars with the objective of achieving significant brand recall, and even better, making their brand synonymous with the product or service being offered. Over the years, some brands have gone on to become verbs. For long, Xerox has come to replace the term “photocopy”. In daily parlance, to “Xerox” is to get a “photocopy” done. In the FMCG space, Maggi is so deeply entrenched that it is synonymous with noodles – not just in India but across many markets. more...

08
JUN

Organisational Culture and Strategic Directions

CATEGORIES : HUMAN RESOURCE MANAGEMENT

Organisations are shaped by a collective culture, a driving force that acts as a goal-post in shaping strategic directions. In the external environment, organisational culture drives a host of factors including the ability to anticipate changes, risk appetite, market positioning, etc. Internally, among other things, organisational culture defines management style, policies and processes, people engagement, etc. Wikipedia describes organizational culture as "the collective values, beliefs and principles of organizational members and is a product of such factors as history, product, market, technology, strategy, type of employees, management style, and national culture; culture includes the organization's vision, values, norms, systems, symbols, language, assumptions, beliefs, and habits." more...

04
JUN

Solidifying Banking Penetration with a Mobile Payments Ecosystem

CATEGORIES : FINANCE MANAGEMENT

India has a large population, especially in the rural areas, that is largely unbanked. There are several reasons for this. Lack of financial literacy, poor infrastructure and connectivity to the rural hinterlands, illiteracy, etc, are among the factors that have contributed to poor banking penetration. Setting up a bank branch requires significant expenditure towards infrastructure, additional personnel, etc. India, with a population of over 1.25 billion people has just over 1 Lakh bank branches through-out the country as of 2013. We have one bank branch available for every 12,500 people going by this data. Though this is not a bad number by itself, access to the rural populace continues to be a challenge given that bank branches are not evenly spread through-out the country. In small towns and remote areas, people will have to travel lengthy distances just for basic access. As of 2013, India had 1.14 Lakh ATMs in the country. Of these, 11,564 or ~11% ATMs were located in the rural areas. This disparity has resulted in rural India being cut off from basic access to financial services. more...

20
MAY

Platform-Centric Growth in Mobile Devices

CATEGORIES : TELECOM MANAGEMENT

The rules of being a dominant player in the handset manufacturing space have changed – and perhaps for the better – ever since the likes of Apple and Google have entered the fray. Back in the year 2007, Nokia was the market leader. Nokia combined with players including Samsung, LG, Motorola and Sony Ericsson collectively controlled 90% of the industry’s global profits. In a span of five years, the tables had turned. What could have possibly gone so horribly wrong? The incumbents were well entrenched with strong logistics, a large dealer network, trusted brands, world-class R&D capability, deep pockets, huge marketing budgets, et al and yet they faltered. Of the five market-leaders from 2007, only Samsung continues to be in serious contention. more...

16
MAY

Children's Apparel Market - The Opportunity

CATEGORIES : RETAIL MANAGEMENT

Enterprise Data Lake is going to be the next generation IT platform for organizations challenged with volume, variety and velocity of data. The traditional data warehouse technologies are phasing out with challenges such as data integration, mandatory creation of data schemas, non-handling of heterogeneous data, rigid monolithic systems, and lack of standardisation supporting clouds. The other challenges with traditional data warehouses include dependency on IT department for small changes, inelastic design, system complexity and low tolerance for human errors. more...

12
MAY

Defining Product Contours with Consumer Feedback

CATEGORIES : MARKETING MANAGEMENT

When a new product is rolled-out, it could be an enhanced version of the previous offering – or a radically new product that is hitherto unavailable in the market. Product managers rely on research, inputs from the dealer network, learnings from competition and a host of other inputs while designing and developing a product. In order to be commercially successful, products should cater to the broad requirements of its customer-base. A number of organisations, across industries, are increasingly incorporating consumer feedback as part of their product enhancement efforts and roll-out. Social Media Monitoring constitutes a large part of this consumer feedback gathering exercise. In other cases, organisations empower their customers to pass-on product feedback directly to product managers by sharing their email alias, etc. more...

08
MAY

Consumerization of IT

CATEGORIES : IT / ITES

Organisations are moving away from traditional office environments. Flexi-hours and work from home options are used to lure talent. To capitalise on technology mobility, mid and senior level employees are given handheld computing devices – and not just mobile phones. The challenge with working on a mobile device is the inability to work seamlessly across devices. Employees will find it limiting to not be able to continue from where they left off when switching from one device to another. In the absence of the ability to port work automatically across devices, access to a mobile computing device can at best be leveraged for basic tasks such as responding to emails, etc. The world of enterprise computing is changing rapidly with many apps being introduced to help improve efficiency. Given this, the challenge faced by the IT department and the C-suite is to recognize these changes and then to design an appropriate response framework. more...

04
MAY

Employee Social Network for Employee Engagement

CATEGORIES : HUMAN RESOURCE MANAGEMENT

At a time when social networking at workplace is anathema to most employers, a small but noted group of organizations are joining the Employee Social Network bandwagon. Employee Social Network, as the name suggests, is a communication platform that has features that are inherently social in nature. This lets employees collaborate and communicate not just within their own function but across departments and geographic locations. Deloitte predicts over 90% of Fortune 500 companies will have partially or fully implemented an Enterprise Social Network by 2020. On the other hand, the current scenario as per a recent survey is that 71% of the employers claimed that they blocked employees from accessing social networks. Given this backdrop, it is worthwhile to understand the context and the value proposition that the early adopters have found in employee social networks. more...

22
APR

Inter-connect for VoIP – A Paradigm shift in Telecom

CATEGORIES : TELECOM MANAGEMENT

Internet telephony, also commonly referred to as VoIP (Voice over Internet Protocol), is a technology that allows users to take advantage of broadband internet connection to place telephone calls using devices other than landline or mobile phones. While internet calling is still at an early stage in domestic calling, it is very popular especially for international calling. With applications such as WhatsApp, Viber and Hike gaining ground in India, VoIP based calling is expected to gain significant market share; if not replace traditional voice-based calling. more...

20
APR

Frills-free Operations – The Panacea to Growth?

CATEGORIES : OPERATIONS MANAGEMENT

Reining in operational expenditure (opex) is a key factor to bring in stability, compete with a lower price structure, and eventually positively impact revenue and bottom-line. There are many businesses that have taken a frills-free approach to operations and have thrived at what they do. The concept is rather simple: efficiently do away with expenditure that is expected to increase operational costs while not radically altering the overall experience. The delivery, of course, is fraught with risks considering a threadbare service might be repulsed by customers who expect certain standards as part of a product or service. Therefore, it is important to do a balancing act between quality and cost; ensuring there is no erosion in quality while paring down on costs. more...

18
APR

Top Concerns for Retailers in 2016

CATEGORIES : RETAIL MANAGEMENT

Notwithstanding the bureaucratic bottlenecks and policy challenges the Indian Retail sector is faced with, global retailing giants are queueing up to capture a share in the growing Indian Retail market. According to an A T Kearney report “India is the third-most attractive retail market for global retailers among the 30 largest emerging markets”. Rising disposable income, a burgeoning middle class, penchant for imported or international goods, are among the reasons for this surge in the retail sector. While there are many positives to cheer about, the retail sector does come with its own share of woes. more...

16
APR

Holacracy – Is this Alternate Management Concept the Way Forward?

CATEGORIES : HUMAN RESOURCE MANAGEMENT

Investopedia defines Holacracy as "A system of governance where members of a team or business form autonomous yet symbiotic teams to accomplish tasks and company goals. The concept of a corporate hierarchy is discarded in favour of one where all workers have an equal voice while simultaneously answering to the direction of shared authority." The term Holacracy is derived from the term holarchy, coined by Arthur Koestler to represent the organizational connection between "Holons" (A Greek term for Whole). Holacracy has been adopted in for-profit and non-profit organizations alike in several countries including, recently, in India. more...

14
APR

What’s in a Name

CATEGORIES : MARKETING MANAGEMENT

There are many who would swear by the oft-used saying "What’s in a Name?" The marketing world, however, begs to differ. In choosing a name, brand owners take into account the target audience, the novelty and snob appeal the name can pack in, uniqueness, etc. There have been instances where brands that have not done adequate homework have found themselves mired in controversy or have ended up hurting the cultural sentiments in a local market, besides infringing on trademark terms, etc. more...

12
APR

Multi-brand Retail – The way Forward

CATEGORIES : RETAIL MANAGEMENT

The country revived overseas investment in the supermarket sector since September, 2012. However, there continues to be ambiguities around entry rules and mode of operations. Even those MNCs that have entered India have had their share of controversies – Walmart is a case in point. As it stands today, India allows full foreign ownership in single-brand retail. While multi-brand retail, where multiple brands are sold under the same roof, is capped at 49%. Political parties, across the board, have resisted opening up multi-brand retail to 100% foreign ownership. It is argued that this move could impact the livelihood of millions of small-time retailers or “kirana” stores (as they are more popularly referred to). While the focus of this piece is not to delve into the merits of this argument, but to focus on the government’s stance in this regard that will shape the course for multi-brand retail in India going forward. more...

09
APR

The Emergence of the Second Screen

CATEGORIES : MARKETING MANAGEMENT

Television channels are no longer vying just with one another for the viewers' attention. They are now having to deal with the increasing trend of people tending to engage with an alternate device, a second screen that is personal; to which they have access to. What with the markets being flooded with laptops, tablets, phablets, and smartphones, people tend to spend significant time using their device for various activities – even as they watch their favourite show or programme on TV. According to an Accenture report titled "Digital Video and the Connected Consumer," viewership of long-form TV and movie content on an actual TV screen has declined by 13% globally over the past year. Further, the report states: "87% of consumers use more than one device at a time. Globally, the smartphone is the most frequent companion device scoring 57% overall. This trend is particularly strong for millennials, with 74% of 14 – 17-year-olds using a combination of TV/smartphones during viewing". more...

06
APR

Managing Diversity at Workplace

CATEGORIES : HUMAN RESOURCE MANAGEMENT

In a world that is increasingly interconnected and interdependent, workplace diversity is not merely gender diversity or focus on equality among people from different ethnicity, it is the ability to assimilate individual differences, educational backgrounds, cultural nuances, and resultant differences in points of view to create a collaborative workplace environment. Wikipedia defines diversity as the "recognition and valorization of individual differences". more...

03
APR

The Emergence of Medical Tourism in India

CATEGORIES : HEALTHCARE MANAGEMENT

Outsourcing, followed by Information Technology set the tone for India’s dominant presence in the world map. Medical Tourism is well on track to be the next crown jewel. So what exactly is medical tourism? The term refers to an arrangement where people from another country travel abroad to get medical treatment while also making time for local attractions of the country. India is placed among the top three medical tourism destinations in Asia for various reasons including the low cost of treatment. more...

30
MAR

Will Mobile Wallets Gain Currency in India

CATEGORIES : FINANCE MANAGEMENT

Rising levels of disposable income, an unprecedented interest in the Indian start-up ecosystem, favourable Government policies, coupled with the surge in Internet usage across both Rural and urban India have set the tone for mobile wallets to gain foothold in the Indian market. To the uninitiated, a mobile wallet is a mobile-aided virtual wallet. In order to use one, you will have to sign-up with one of the many mobile wallet service providers. And preload the account with money. With two to three simple steps, mobile wallets offer users the convenience of transacting across online and offline merchants listed with the mobile wallet service provider. more...

28
MAR

New-age Finance Managers can look forward to a bright career...

CATEGORIES : FINANCE MANAGEMENT

Unni Krishnan’s comments reflect the growing trend in distance education, and especially in Universities like ICFAI which follow a superior teaching pedagogy. The study material and lessons are delivered, analyzed and appreciated in several, creative and relevant ways. There are Bullet Notes, Case Studies, Workbook for Ongoing Self-Assessment, and PEP Notes for latest practices, experiences and perspectives. These teaching methods help students relate to the learning acquired in undergraduate courses, build on that knowledge further, while also enjoying the entire learning process. more...

28
MAR

Drive Operational Excellence through ICFAI’s MBA in Operations Management...

CATEGORIES : OPERATIONS MANAGEMENT



The revelation Abhishek is talking about is how, worldwide, Operational Excellence is seen as the real differentiator, or why; between two companies that have similar offerings and access to capital, one is always profitable while the other seems to be in a perennial struggle. This is especially true in Industries such as Manufacturing and Retail. Business Leaders are beginning to appreciate the strategic nature of operations and its transformative effect on the bottom-line, employee morale, brand equity, and innovation quotient of the company. Little wonder then, that a big part of ICFAI’s program on Operations Management covers Operations Strategy. more...

24
MAR

Technology transformation gets a boost with MBA Programs...

CATEGORIES : IT / ITES

Cyril’s comments are a reflection of how an MBA in IT/ITeS can open up new possibilities for Indian graduates. While Electronics and Computer Science graduates are widely preferred in Technology companies, those from other disciplines of engineering such as Instrumentation have an interesting option now. With an MBA in IT/ITeS course from ICFAI, candidates can bridge their gap in Technology, as well as gain a better understanding of Sales, Marketing and managing a technology business. The course gives candidates the right orientation and the confidence to handle a senior position in a technology company. more...

24
MAR

ICFAI’s MBA in HRM: Preparing you for a new-age HR role...

CATEGORIES : HUMAN RESOURCE MANAGEMENT

Nitasha’s comments precisely capture the purpose and strengths of an MBA Program. Most often, undergraduate education in any discipline goes into the depth of the matter, and provides a lot of information, not all of which is useful or relevant later on at the workplace. The ability to crystallize highly insightful information and present it in interesting ways is what must set an MBA program apart. And that is what ICFAI’s MBA in HRM program achieves! more...

21
MAR

Changing lives, transforming the industry

CATEGORIES : TELECOM MANAGEMENT

Saugata’s words echo the sentiments of several people who have started a new phase of life on a bright and cheery note. The MBA in Telecom course has come as a boon to aspirants who are from a wide range of science disciplines and would like to enter the Telecom sector. more...

21
MAR

Driving Healthcare excellence through Education...

CATEGORIES : HEALTHCARE MANAGEMENT

Premanand’s comments reflect a growing trend in India: that, a well-designed education program can make a huge difference in accelerating one’s career growth, especially in sunshine sectors like Healthcare. more...

18
MAR

How to specialise in Finance career with ICFAI’s MBA in Finance?

CATEGORIES : FINANCE MANAGEMENT

A career in Finance can have a transformative effect on the lives of other people. Financial Planners help people overcome their financial challenges; attain a better standard for living, and fulfil their real-life aspirations. Across corporate companies of the world, CFOs and VPs of Finance are having more say in day-to-day operations and strategy creation, given their fine ability to balance future needs with current realities. more...

18
MAR

Become a Transformation Catalyst with ICFAI’s PGD in Operations Management.

CATEGORIES : OPERATIONS MANAGEMENT



COOs or Head of Operations have been the perfect interface between Top Management and the average employee. However, in the last decade or more, COOs are stepping up to more strategic roles and becoming a part of the transformation of an organization. This has added more depth and new respect for the Operational role. more...

15
MAR

Become a Retail Specialist with ICFAI’s PGD in Retail Management

CATEGORIES : RETAIL MANAGEMENT

Retail is one of the booming sectors of Indian industry and has been growing at a CAGR of 9.7% in the period 2000-2020 (shown + projected). It’s also one of the top five employers in India along with IT, Healthcare, Telecom and Infrastructure. more...

15
MAR

Accelerate your Marketing career with ICFAI’s MBA in Marketing

CATEGORIES : MARKETING MANAGEMENT

The Indian economy is on a boom cycle with several industry sectors recording unprecedented growth rates compared to the past. The direct consequence of all this growth is that there has been a spurt in demand for experienced and insightful Marketing Managers in recent years. more...

12
MAR

Become an Asset to your Organization with ICFAI’s MBA in HRM

CATEGORIES : HUMAN RESOURCE MANAGEMENT

In an increasingly Information and Intelligence-driven world, products or services are no longer seen as the key differentiator. In the 21st century, intangible assets or intangible capital like Intellectual capital, goodwill, and human capital will be key differentiators, with products and services becoming mere enablers only. more...

12
MAR

ICFAI’s MBA in IT & ITeS: Become a transformation catalyst

CATEGORIES : IT / ITES

The Information Technology (IT) industry and its close cousin – IT-enabled-Services (ITeS) have been at the forefront of Digital Transformation of our society since the 1950s. As vacuum diode based devices slowly gave way to computing devices in the 50s and 60s, it threw up interesting possibilities for accelerating the pace of business making it the most transformative force of the 20th century after electricity and telephones. The 21st century will see even more transformation as IT enters the 3rd generation of computing and device technologies. more...

06
MAR

Give your Career a boost with ICFAI’s MBA in Hospital Management

CATEGORIES : HEALTHCARE MANAGEMENT

Healthcare as an industry and a business has evolved enormously in the last century through the curative, preventive, predictive, consultative and collaborative approaches towards treatment. Mainstream Healthcare Service providers have broadened their scope to include Wellness, Alternative Medicine, Health Insurance, Telemedicine, etc, all of which are aimed at serving the patient’s best interests. more...

06
MAR

ICFAI’s MBA in Telecom: Gateway to a Bright Career

CATEGORIES : TELECOM MANAGEMENT

The Telecom industry has evolved at a rapid pace since the turn of the century, and is going through enormous transformation currently. The convergence of smart devices and high-speed networks has changed the nature of the game. The transition from a voice-heavy to a data-heavy business is disrupting the Telecom business and bringing new players to the fore. more...

23
FEB

Marketing and India: A World of Opportunities

CATEGORIES : MARKETING MANAGEMENT

According to the Asian Development Bank (ADB), Indian economy will grow at the rate of 7.8 percent in the financial year 2015-16 and 8.2 percent in the subsequent year. In the 2 quarters April-September 2015, FDI inflow grew by 13 percent to reach a staggering US$ 16.63 billion, while its Forex reserves amounted to approximately USD 360 billion by end of Dec 2015. more...

23
FEB

Become a Marketing Specialist, be a Growth Driver

CATEGORIES : MARKETING MANAGEMENT

Marketing as a function has a transformative effect on a company’s bottom line, so organizations are investing in finding the best-fit Marketing folks to take their success forward. Similarly, Marketing aspirants are equipping themselves with the right educations and skills to meet the challenge of a Marketing job. In recent years, an MBA in Marketing Management is much sought-after by Indian and Foreign MNCs, start-ups, and top Government organizations in India. more...

18
FEB

Understanding Future Prospects in Finance Industry

CATEGORIES : FINANCE MANAGEMENT

Finance is considered as one of the most conventional specializations within Master of Business Administration (MBA) Programs. An MBA Finance stream offers various benefits to work as Finance Professionals in an array of industries, including profit-making and business banking, investment companies and real estate. Finance Program usually provides basic education in leadership, statistics, strategy, marketing and economics. Majority of students choose a specialization during the second year of this Program. Some schools offer set of courses that include business-related syllabus like management methods and accounting, with a few other financial subjects. Finance as a subject deals with management, control and review of the funds collection, investment and capital of money required for an industrial working. more...

18
FEB

A Career in Finance Can Take You to Places

CATEGORIES : FINANCE MANAGEMENT

Different students have different strengths and weaknesses, for which some need to polish their skills to excel in the real world. Students have a difficult time, right after they get out of school or graduation to choose a career path that will help them develop their skills and strengthen their future. It is important that, as student, you look for a course that will help you enhance your skills and have a bright career. more...

15
FEB

Become a Retail Specialist, put your career on the fast track

CATEGORIES : RETAIL MANAGEMENT

Retail is one of the top 5 performing sectors of the Indian industry and currently accounts for nearly 10% of India’s GDP. It’s also the fastest-growing E-commerce market in the world. The unprecedented growth is bringing in foreign investment, policy reforms and employment opportunities to the sector. One can prepare him/herself for a career in Retail by doing the right things. more...

12
FEB

Create a strong foothold in India’s Retail Industry

CATEGORIES : RETAIL MANAGEMENT

Indian Retail is the toast of the global Retail Industry. Along with China, India will contribute to 40% of all Retail growth over the next decade, according to industry experts. While in 2015, the revenues were to the tune of USD 500 billion, by 2020, they are expected to reach USD 1300 billion. This has taken India to the 14th place in the Global Retail Development Index (GDRI), has created opportunities for growth and a spurt in jobs, in the Retail Sector. more...

10
FEB

Becoming a Successful Telecom Professional in India

CATEGORIES : TELECOM MANAGEMENT

Telecommunications has been and continues to be one of India’s boom sectors. According to a report published by TRAI (Telecom Regulatory Authority of India), as of May 2015, India has 1.002 billion telecom subscribers, out of which 975.78 million are mobile subscribers and 26.27 are wireline/landline subscribers. According to The Mobile Economy: India 2015 report, a study instituted by GSMA, the global telecom industry body, the mobility sector alone accounted for 6.1 per cent of India's GDP in 2014 with revenues of Rs 7.7 lakh crores. By 2020, these figures are expected to be 8.2 per cent of India’s GDP and revenues of Rs 14 lakh crores. more...

08
FEB

Making a Career in Indian Telecom

CATEGORIES : TELECOM MANAGEMENT

Telecom, IT, Biotechnology and Retail have been hailed as the sunshine sectors of India that are changing the business and employment landscape of India. Telecom is all-pervasive and impacts other sectors like banking, financial services and Insurance, high tech, energy, healthcare, IT/ITeS and Manufacturing among others. Telecom provides the tools, channels and instruments for communication, and is the backbone of any business economy. more...

04
FEB

Excelling as an Operations Management specialist

CATEGORIES : OPERATIONS MANAGEMENT

Operations Management is emerging as an attractive alternative for candidates who would like to have a 360 degree or wholesome experience in Business Management. It lays the foundation for a fruitful career in several different Management streams, creating innumerable opportunities in the process for OM aspirants. more...

02
FEB

Operations Management in India: A world of opportunities

CATEGORIES : OPERATIONS MANAGEMENT

Operations Management has evolved enormously since the first half of the 20th century when it was largely concerned with Production Management. The growth of the Services sector in the second half of the century enlarged the scope for Operations Management. In India, liberalization, the rapid growth of the services sector and an increase in manufacturing activity has opened up several opportunities and jobs in Operations Management, in the last 2 decades. more...

22
JAN

Do you have what it takes to be a High-tech Specialist?

CATEGORIES : IT / ITES

The Indian IT industry is one of the largest employers in the private sector. All the four sub-sectors: IT Services, Business Process Management (BPM), Software Products & Engineering Services and Hardware are performing well, driving revenue and employment in the last 2 decades. more...

20
JAN

India’s IT & ITeS Industries: Catalysts for Growth

CATEGORIES : IT / ITES

India’s IT & ITeS sector has been the earliest benefactor of economic liberalization that started in the 90s, and has been a key player in India’s economy, since then. According to Nasscom, growth rate for software exports in 2015-16 would be 12-14% while revenue is expected to reach USD 110 billion. The same figures for overall IT (export+domestic) would be 13% and USD 146 billion. more...

18
JAN

Make a career in India’s HRM industry

CATEGORIES : HUMAN RESOURCE MANAGEMENT

As the seventh largest economy in the world, with a GDP of 18 trillion, India has opened a flood of jobs for its youth and working class. As a natural extension of this growth, the Human Resources sector has seen a spurt in jobs in the last decade. more...

15
JAN

Become a HR Specialist; shape yours and other’s careers

CATEGORIES : HUMAN RESOURCE MANAGEMENT

Human Resource Management is the heart of any organization, and fuels its growth relentlessly. Contrary to popular misconceptions, the HR function is quite versatile and attends to various business, statutory and people needs. more...

13
JAN

Build your Career as a Healthcare Specialist

CATEGORIES : HEALTHCARE MANAGEMENT

Healthcare is one of the top 5 performing sectors of India along with IT/ITeS, Infrastructure, Telecom and Retail. The favourable policies of the government, relaxation of FDI norms, tax benefits and the demand-supply mismatch have resulted in a massive flow of investment from private equity players, venture capitalists and foreign institutional investors. more...

11
JAN

The Indian Healthcare Industry beckons you

CATEGORIES : HEALTHCARE MANAGEMENT

India’s Healthcare industry is one of the top 5 performing industry verticals and contributed to US$ 78.6 billion or 4.2% of India’s GDP as early as 2012. It was the sixth largest healthcare market globally in terms of revenues by 2014, and between 2015 and 2020, it is expected to grow at a CAGR of 22.87% to reach US$ 280 billion revenues by 2020. more...

6
JAN

Hindustan Unilever: From market leader to household name

CATEGORIES : MARKETING MANAGEMENT

Being a market leader is any industry, irrespective of the geography one operates in, is no small achievement; all the more in a country like India that is teeming with over 1.5 billion people and several million business organizations. And to expect that one’s products would be used by 2 out of 3 Indians, on a daily basis, is the stuff of corporate fantasy. But one organization has managed to turn this fantasy into reality - Hindustan Unilever Ltd.! more...

8
JAN

Kaushik Roy: Creating a Telecom brand for India’s largest Conglomerate

CATEGORIES : MARKETING MANAGEMENT


CMOs or Chief Marketing Officers of Indian corporates are generally low on visibility or media attention compared to their more high-profile counterparts - the CEO, or CTO in Technology companies. In spite of the low profile, and in some cases, much after they have moved on from the company, the strategies they devised and the tactics they employed still endure, and contribute to the market position enjoyed by their employers. more...

4
JAN

Kishore Biyani: The Maverick Retailer

CATEGORIES : RETAIL MANAGEMENT

The Marwari community has been, and continues to be one of India’s most enterprising communities, giving India some of its largest conglomerates and prominent business houses. It’s not unusual for youngsters from Marwari families to branch out on their own and away from the family business, in an effort to carve out a unique identity. Kishore Biyani was one such youngster, who had a strong entrepreneurial streak from childhood. more...

4
JAN

Spencer’s Retail Pioneering Indian Retail for over a century

CATEGORIES : RETAIL MANAGEMENT

Supermarkets and Hypermarkets are ubiquitous in India’s urban landscape, today. Originally concentrated in central business districts of Tier-1 and Tier-2 cities, these retail formats can be found in every neighborhood and city of India now. more...

2
JAN

Siddhartha Lal Leading a legacy business into the 21st century

CATEGORIES : OPERATIONS MANAGEMENT

Motorcycles are an important category of products featuring both under utility and lifestyle segments. And one name that endures through three generations of mobike enthusiasts in India is the Royal Enfield Bullet. In the mid-weight category, where performance and reliability are more important than bells and whistles, Royal Enfield bikes are still widely preferred. The parent company that manufactures Royal Enfield bikes - Eicher Motors has as much legacy as its products. more...

2
JAN

DuPont India Taking Operational Excellence to a new level

CATEGORIES : OPERATIONS MANAGEMENT

The industrial revolution that swept through Europe and US in the 18th and 19th centuries created several companies that invented, innovated or serviced the requirements of a world in transition. However not all of them could keep up with the dynamics of the new world order and very few have survived or grown through the centuries. One such company is DuPont. more...

31
DEC

Sanjeev Aga Turning an Idea into a force

CATEGORIES : TELECOM MANAGEMENT

When Sanjeev Aga’s father, an army doctor, was posted to a remote village in the North East, in the late 1950s, he and his wife agonized about the lack of a proper school for their son. They often feared for his future. But their fears were unfounded, as the former MD of Idea Cellular turned out just fine, with a career profile that many Indian executives would love to have. more...

31
DEC

Bharti Airtel Putting India’s Telecom Revolution on the fast-track

CATEGORIES : TELECOM MANAGEMENT

The Indian Telecom revolution which began in the early 80s has created several success stories and role models in the last three decades. However, none stands out as prominently as Airtel, or the Bharti Group in general. Airtel’s success is testimony of how taking the right decisions at the right time or seeking out the right opportunities can catapult a mid-sized business organization into the big league of global players. more...

29
DEC

IT & ITeS Industry in contemporary India

CATEGORIES : IT-ITES MANAGEMENT

The 1990s were a period of steady growth and consolidation for Indian IT & ITeS companies. Some companies like the top 5 grew at 100% or more, year-on-year. In addition to software services, Indian companies started offering customer support on an outsourced basis, for foreign product or service companies, giving birth to the ITeS sector in India. Today, Indian ITeS companies sport call centres and offer support for Indian companies as well. more...

29
DEC

Advancement of Indian IT & ITeS sector

CATEGORIES : IT-ITES MANAGEMENT

IT and ITeS continues to be India’s sunshine sector from the last two decades. However, its origin, growth and evolution have been slow and gradual, contrary to popular misconceptions. In the 50s and 60s, Mainframes from IBM, and other categories of computers from Honeywell, UNIVAC and Pegasus were being built for Banks, Research Organizations, Airlines and a few other sectors. more...

25
DEC

The Marketing Trends in Recent Times in India

CATEGORIES : MARKETING MANAGEMENT

Marketing as a function, and as an approach, has evolved rapidly in India in the last two decades, in lockstep with developments across the world. The confluence of Digital Marketing, Social Marketing, Mobility and IT-enabled processes has changed the way business organizations are reaching out to customers and prospects alike. Given the intense competition and changing demographics of the Indian market, marketers are personalizing their messages while reaching out to specific segments of the market. more...

25
DEC

The History of Marketing in India

CATEGORIES : MARKETING MANAGEMENT

Marketing is a broad subject today, and encompasses advertizing, marketing management, CRM, Public Relations, media management, etc. However, much of modern marketing traces its growth to the advent of advertizing in print media from the 17th century onwards, in Europe. more...

23
DEC

Tata Consultancy Services: Pioneer in more ways than one

CATEGORIES : HUMAN RESOURCE MANAGEMENT

The Tata Group, one of India’s most respected and profitable conglomerate has always been a shining example of good employer-employee relations, right from the days of its founder Jamshedji Tata. Companies like Tata Steel, Tata Chemicals, Tata Power, Tata Motors, etc have experienced fewer labour disputes are known for their track record in employee relations. However one company that stands out in the Tata stable more than others is Tata Consultancy Services, or TCS. more...

23
DEC

Ashok Soota: Minding the Happiness Quotient of Associates

CATEGORIES : HUMAN RESOURCE MANAGEMENT

MindTree is one of those Indian IT Companies that is hard to ignore. Although a late entrant to the industry, it has grown tremendously in a short period of time to establish a clear brand identity of its own. MindTree may not feature in the top 10 best companies in India to work for, but its policies, procedures and above all – a unique approach to business have been lauded by employees, customers, partners, and vendors; and NGOs who are part of its CSR initiatives. more...

21
DEC

Retail - a Key Player in India’s Economic Growth

CATEGORIES : RETAIL MANAGEMENT

The economic reforms and the liberalization process that began in India, in 1991 have had a favorable impact on several industries including Retail. Today, Indian Retail enjoys an enviable position in the Global Retail story. In terms of market potential, India ranks eleventh, and in terms of FDI (foreign direct investment) Confidence Index, it ranks seventh. more...

21
DEC

History of Indian Retail

CATEGORIES : RETAIL MANAGEMENT

India and the Indian penchant for enterprise are well-recognized throughout the world. One such example is the Retail industry which has a long history in India. The cities of Indus Valley civilization were established to support the flourishing trade with other countries and civilizations. more...

17
DEC

Operations Management in contemporary India

CATEGORIES : OPERATIONS

The evolution of ERP and MRP systems in the West and its eventual adoption in India was a huge enabler for Operations Management in India. It helped Manufacturing companies streamline their operations, increase profitability and use the savings to launch new products. more...

17
DEC

Development of Operations Management in India

CATEGORIES : OPERATIONS

Operations Management is an overarching field of Management that incorporates management of individual departments such as Production, Sales, Marketing, Finance, HR, Business Continuity, Investment, etc. However, till three decades back, Operations Management was largely concerned with Production Management given that Industrial production was the largest contributor of India’s GDP, after agriculture. more...

16
DEC

Shiv Nadar: The Art of Giving

CATEGORIES : IT-ITES

The IT Industry is replete with examples of entrepreneurs who started in a small way and went on to become large multinational corporations over time. ‘Garage Startups’ such as Apple, Microsoft, HP and Amazon in the US and Infosys and HCL in India continue to inspire entrepreneurial aspirations in the hi-tech sector. more...

16
DEC

Infosys: Indian bellwether that rose against all odds

CATEGORIES : IT-ITES

India’s IT and ITeS sector has been the pride of the nation, driving a significant part of its economy and employment in the last three decades. Some of the top Indian IT companies such as TCS, Wipro, Infosys, Tech Mahindra, Cognizant and HCL (collectively called ‘TWITCH’) have created new benchmarks in India’s tech-capabilities. more...

15
DEC

Dr. Naresh Trehan - Taking Cardiac Health to new heights

CATEGORIES : HEALTHCARE MANAGEMENT

It’s well-known that Indian professionals are one of the best in the world, and highly regarded wherever they go. The medical profession is no exception. Doctors like Prathap Reddy, Balamurali Ambati, Devi Prasad Shetty, Aamod Rao, Sanjay Borude, Ramneek Mahajan, Ashim Desai and Lalit Panchal are celebrities in their own right. However, one name that stands out in this distinguished list is that of Dr. Naresh Trehan, one of India’s, and the world’s leading cardiologists. more...

15
DEC

Apollo Hospitals: Where Affordability meets Excellence

CATEGORIES : HEALTHCARE MANAGEMENT

In 2011, when the Financial Chronicle called Apollo Hospitals the ‘Greek God of Indian Healthcare’, they were not exaggerating. Named after the Greek God of Medicine, the Apollo Group is the only Indian Healthcare Chain that has been able to achieve what their competitors can just aspire to: provide World-Class Healthcare at Indian prices. more...

14
DEC

Ms. Chanda Kochhar: Benchmarking is a Great Way of Assessment

CATEGORIES : FINANCE MANAGEMENT

As the Managing Director and CEO of ICICI bank Limited, Ms. Chanda Kochhar is widely recognized for her role in shaping retail banking in India. With more than 30 years of experience in the banking industry, she has also made a great deal of progress in identifying and representing women leadership in different areas. Beginning her career as a management trainee in 1984, today she not only chairs different international financial associations, but has shown effective leadership at times of crisis, and support for engaged business practices. She is a force to reckon with who has set an industrial benchmark to look up to. more...

14
DEC

HDFC: Significance of Finances in the Economy

CATEGORIES : FINANCE MANAGEMENT

The significance of finance can be felt in all spheres including individuals, households, governments, and corporations. Given the recent economic history the answer has always been dependent on the circumstances that prevail in the economy. There has been a vacillating attitude towards finance by the general public, and it is believed that ‘where enterprise leads, finance follows’. more...

2
DEC

Human Resource Management in Modern India

CATEGORIES : HUMAN RESOURCE MANAGEMENT

The establishment of an exclusive HR department which was initiated by L&T in 1975 soon became a norm in all the major Corporate companies and industrial groups of India. Companies were out to woo their employees and for the first time since independence, employees began to feel that they had as significant a role to play as their Management in the growth of the company. In 1980 – These Two professional bodies merged together and formed ‘National Institute of Personal Management (NIPM) Headquarter at Kolkata. more...

2
DEC

Evolution of Human Resource Management in India

CATEGORIES : HUMAN RESOURCE MANAGEMENT

The earliest attempts to recognize workforce management as a discipline came in pre- independence India, although a few rulers in its glorious history attempted to create guidelines for people management. The industrial revolution in 19th century Europe had created a market for Indian cotton and other goods, so factories were being setup in India to process agricultural produce as well as minerals that India was rich in. With Labour came labour disputes. To manage the same, the first Factory Act was enacted in 1881 and a Factory Commission set up in 1885.more...

2
DEC

The Impact of a Strong Nation Financially

CATEGORIES : FINANCIAL MANAGEMENT

An economy with diversified financial sector that is rapidly expanding for existing financial services firms and the new entities, India has seen a massive change in structure from the time of independence. The financial sector has been cited as the most important contributor to the GDP of the country of about 6% in 2014-15. The Government of India has also shown interest and introduced several reforms to enhance the industry. With contributions from both government and private sectors, India has one of the vibrant capital markets in the world. more...

2
DEC

Importance of Technical Education in Financial Management

CATEGORIES : FINANCIAL MANAGEMENT

If you are asked to examine the historical development of technical education, you will find that the foundation in India was laid at the same time as in Europe, although growth was restricted till India became independent. Contributions of the British have resulted in studying the technical education programs which today have grown on a larger scale. more...

11
NOV

Organized Healthcare in India

CATEGORIES : HEALTHCARE MANAGEMENT

Organized Healthcare in India has come a long way since the Hospitals run by Ayurvedic experts like Charaka and Shushrutha in ancient India. Since then, Healthcare has largely been managed by vaids, hakeems and chiropractors practicing Ayurveda, Unani or different forms of native medicine, in a small and unorganized way. more...

8
NOV

The Indian Healthcare Industry

CATEGORIES : HEALTHCARE MANAGEMENT

Healthcare is a booming sector in India and is expected to reach revenues of USD 158 billion by the end of 2017, with a CAGR of 15 percent between 2011 and 2017. more...

6
NOV

The Indian Telecom Industry: A snapshot

CATEGORIES : TELECOM INDUSTRY

The growth of Indian Telecom all through the 2000s decade and the first half of this decade has been very impressive. The best indicator of the growth is ‘teledensity’ which measures the number of telephone connections for every hundred individuals, and which includes both wireline and wireless connections. In May 2015, India’s urban teledensity stood at 148.9 percent and rural teledensity at 48.6 percent. more...

2
NOV

Succession of the Indian Telecom Sector

CATEGORIES : TELECOM INDUSTRY

India has the second largest Telecom network in the world, with a subscriber base of 1.002 billion by the end of May 2015. Revenues from the Telecom sector touched USD 64.3 billion in FY 2013 making Telecom the most important component of the Services sector which contributes 57% of the country’s GDP. more...