...CASE STUDY: MICHEL FERNANDES AT NICHOLAS PIRAMAL 1. What is at stake for the business development function and for the company as a whole? 1) Sake for Business Development Function: Due to managerial conflicts between 3 senior managers, original plan will not be fully developed or properly implanted. As a result, integration as one will collapse if three senior managers do not communicate or work as a team. 2) Stake for a Company as a Whole: Firstly the inefficient management will increase the managerial cost which leads to revenue loss and loss of future earnings growth opportunities. The weaker financial position might further lead the company losing its competitiveness in the global market. In addition, the risk for running management inefficiently in a long term will be the collapse of the whole company. The cost here will be restructuring of the whole operations. 2. Why is conflict occurring? Even at the beginning of the acquisition, the structure of the company is already unclear and complex. Three different plants were independent companies and completely separated. Firstly, cultural conflicts between different companies and also among three management seniors have become a sever barrier for effective operations and communications for the management of the company. Grundy complained that Ananth’s Indian action-oriented operational style will not fit in with English plan/do/review style. Anath’s idea “hustle” does...
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...Fajfneainceac beauibeauivgauifgeaufh euioabvaaefaf ofehaoiheaioh ijoeahioceawho ublished Papers Narayanan, V.G., and Lisa Brem. "The Credit Crisis of 2008: Causes, Consequences and Implications for India." The Chartered Accountant 57, no. 6 (December 2008). Miller, Gregory S., and V.G. Narayanan. "Accounting Standards and the Globalisation of Indian Businesses." The Chartered Accountant (July 2005): 50-52. Narayanan, V.G., Ananth Raman, and J. Singh. "Agency Costs in a Supply Chain with Demand Uncertainty and Price Competition." Management Science 51, no. 1 (January 2005). Narayanan, V.G., and Ananth Raman. "Aligning Incentives in Supply Chains." Harvard Business Review 82, no. 11 (November 2004). Kraiselburd, Santiago, V.G. Narayanan, and Ananth Raman. "Contracting in a Supply Chain with Stochastic Demand and Substitute Products." Production and Operations Management Journal 13, no. 1 (spring 2004). Narayanan, V.G. "Activity Based Pricing in a Monopoly." Journal of Accounting Research 41, no. 3 (June 2003): 473:502. Narayanan, V.G., and Lisa Brem. "Case Study: Customer Profitability and Customer Relationship Management at RBC Financial Group." Journal of Interactive Marketing 16, no. 3 (summer 2002): 76-98. Narayanan, V.G., and Steven Huddart. "An Empirical Investigation of Tax Factors and Mutual Funds' Stock Sales Decisions." Review of Accounting Studies 7, nos. 2-3 (June-September 2002): 319-341. Narayanan, V.G., and Ratna G. Sarkar. "The Impact of Activity-Based...
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... Healing Hospital: A Daring Paradigm As nurses we are known to be hardworking, caring, compassionate and kind individuals who carry around big hearts on our sleeves. In addition, in today’s society we are also being exposed more to the spiritual aspects of each individual patient that we care for on a day to day basis. In turn, we must open up our minds and respect the patient’s spirituality, no matter what it might be, to understand that this could be their main way of coping and part of the healing process for them. We must also understand that it is “not just random, thoughtful gestures but rather a continuous chain of loving care—kindness and skill from every caregiver (including leaders) to every patient and to one another” (Ananth, 2009). Concepts of a Healing Hospital There are several concepts that must be understood as part of a Healing Hospital in which each hospital has their own mission, vision and statement. These aspects are created to let the public be aware of what they can expect from the hospital as a whole. As stated by St. Joseph’s hospital (2013), their mission is to extend the healing ministry of Jesus in the tradition of the Sisters of St. Joseph of Orange by continually improving the health and quality of life of people in the communities we serve. In addition to their mission statement, their components include dignity, service, excellence and justice. They go on to state that these components in relationship to spirituality are to respect...
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...SPECIAL ARTICLE Challenges to Financial Inclusion in India The Case of Andhra Pradesh S Ananth, T Sabri Öncü Focusing on the institutional challenges to financial inclusion in Andhra Pradesh, this paper argues that it is the inability of formal financial institutions to meet the specific needs of the poor that has enabled informal service providers to fill the vacuum. Without a paradigm shift, especially on the part of banks, financial inclusion is bound to fall short of expectations. It proposes that the banking sector should look at efforts to expand inclusion not as a capital cost or as a charitable expense, but as a long-term investment in the future. The soundness of such an investment is borne out in the success of individual business correspondents in some districts of the state. 1 Introduction The views expressed in this paper are those of the authors and do not necessarily reflect views of the Centre for Advanced Financial Research and Learning. S Ananth and T Sabri Öncü (Sabrioncu.cafral@rbi.org.in) are with the Centre for Advanced Financial Research and Learning, Mumbai. Economic & Political Weekly EPW inancial inclusion has become central to Indian policymaking over the past few years and various attempts have been made to expand its scope. Despite these attempts, the challenges to financial inclusion remain formidable. These attempts and challenges have to be not only examined in the context of an increasingly globalised economy, of expanding markets...
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...me excel in this position. The MBA program at the CBS, which has been a great tool to hone and build these skills, has so far provided some great insights into Finance, Business Development, Marketing and Leadership. I am confident that once I am equipped with these tools, I will have a clear edge to perform outstandingly in a position like ‘Title”. The Integrated Strategy Project and Advisory Board Project have helped to foster innovative thinking and to create a strategic mindset. I have attached my resume for your review. I would welcome the opportunity to participate in a personal interview to answer any of your questions and present my qualifications and skills in a better way. Thank you for your time and consideration. Regards Ananth...
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...considerable assets. Where traditional ETFs attempt to replicate the performance of a stock market index, leverage and inverse ETFs aim to achieve 2x or 3x long exposure, or -1x, -2x, or -3x short exposure. This, and the accessibility of ETFs, creates a vast number of opportunities for investors of all levels. As with all investment vehicles, however, these ETFs are coupled with a large amount of risk. The structure of these funds also creates a number of unintended consequences on the markets and often leads to questions regarding investor suitability. Since being introduced to the market in 2006, this ETF class has exploded with activity. According to “The Dynamics of Leveraged and Inverse Exchange-Traded Funds” by Minder Cheng and Ananth Madhavan, as of January 2009, 106 leveraged and inverse ETFs have been introduced in the U.S. market alone. The majority, however, of the $22 billion of assets under management , is in 2x and -2x leveraged products, with only a small percentage of the assets under management allocated to the greater leveraged and inverse ETFs. Traditional ETF vs. ETF Leverage: The difference between traditional ETFs and leveraged and inverse ETFs goes further than just their exposure to returns. The construction of these investment vehicles also is different. Regarding traditional ETFs, authorized participants such as institutional investors directly buy and sell creation large groups of tens of thousands of shares. These usually are exchanged with...
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...major statement throughout the commercial by making the notion that he was driven by his hometown fans more than anyone to return to Cleveland. During the commercial, LeBron states, ““Where does my thirst come from? It comes from here, from these people, because their passion, their love, drives me. They say home is where your heart is. My heart is here, it’s always been. This is my first home game.” What James is saying is that returning home is his first home game and it is just as important as his actual first game with the Cavaliers. At the end of the commercial James arrives at Patterson Park in Akron, Ohio where he once played pick-up basketball. When he made his entrance, there were many members of the community present. According to Ananth Pandian, “Sprite worked with city officials to turn Patterson Park, which hadn’t been...
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...CHAPTER 1: INTRODUCTION BACKGROUND OF STUDY The quality of services has grown rapidly. Measurement of quality of service based on a multi of services industries has been carried out the conduction is the tourism industry (Atilgan et al, 2003) and hotel (Kayaman & Arasli, 2007). In the hotel industry itself, the most important in hotel is to provide the best services to customer. The hotel industry history began at Santa Barbara, California in 1962, by two men know as building contractor William Becker and Paul Greene. At that time it was called the motel, they had agreed to build Motels with the price of each room USD $6 per night. There have an inspiration when there get see the local society who like to travel to other places. In Malaysia, the hospitality services industry today is one of the important services sector in generating income of economic. By the existence of the hotel business we can attract more tourists to come to Malaysia. In 1990 the government of Malaysia has introduced the theme of “Tahun Melawat Malaysia” this effort shows that the government has to give serious attention to the industry hotel and tourism. The government action to do so is to introduce the Malaysia region of the world. Based on this issue, hotel is one important to give their service quality so that customer was satisfied with service from the hotel such as facilities, food, room and the other accommodation. In further strengthen industry hotel, the most important thing is to maintain...
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...community, which will allow me to learn advanced technologies from different parts of the world. After graduation, I would like to work as an industrial engineer seeking to learn and apply the advances in industrial engineering through challenging real time projects. I have a dream, a dream to optimize services for rural power generation through optimizing the supply chain for small scale grid independent plants, a dream that I believe that in the long run will turn me into an entrepreneur, leading my own company for the betterment of mankind. I believe that the University of Wisconsin will be an ideal place for me to pursue my Masters because of its academic excellence and distinguished faculty members. I am interested in Professor Dr. Ananth Krishnamurthy’s research on “lead time reduction and quick response manufacturing” as I am eager to study and get valuable insights into the field. Dr. Leyuan Shi’s research on production planning and scheduling also interests...
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...low-cost and very simple operating system. The case explores all aspects of their system (mission, information management, material flows, human resource system, processes, etc.) and the challenges that the Dabbawala organization faces in a rapidly changing environment. An outside consultant proposes the introduction of new technologies and management systems, while the leading logistics companies (e.g., FedEx) come to Mumbai to learn about the Dabbawala system. Background Summary Business Description A dabbawala is a person in India, most commonly found in the city of Mumbai, whose job is to carry and deliver freshly in lunch boxes to office workers. History and IPO date This service originated in 1880. In 1890, Mahadeo Havaji Bachche and Ananth Mandra Reddy started a lunch delivery service with about 100 men. In 1930, he informally attempted to unionize the dabbawallas. Later a charitable trust was registered in 1956 under the name of Nutan Mumbai Tiffin Box Suppliers Trust. Founder and Organization NMTBSA was headed by a President Raghunath Medge, who is still in this position. He was assisted by a general secretary, a treasurer and a director. Apart from that two committees oversee the functioning of dabbawala system: -The Operational Committee established in 1890 and headed by Sopan Mare -The Charitable Trust set up in 1954 and headed by Raghunath Medge Business Model and Delivery Process The business model is simple: Dabbawalas collect freshly cooked meals in boxes from the...
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...informs Vol. 36, No. 3, May–June 2006, pp. 191–193 issn 0092-2102 eissn 1526-551X 06 3603 0191 ® doi 10.1287/inte.1060.0214 © 2006 INFORMS Supply Chain Management: Technology, Globalization, and Policy at a Crossroads Tuck School of Business, Dartmouth College, Hanover, New Hampshire 03768, m.eric.johnson@dartmouth.edu M. Eric Johnson Supply chain management is an important application area for INFORMS, with many opportunities for our community to contribute models and insight. The seemingly relentless forces of globalization and technology continually present us with new supply chain challenges and opportunities for further progress. Over the past decade, researchers and practitioners have developed many models and methods that have influenced supply chain practices. However, as managers and management scientists have embraced these new approaches for improving supply chain competitiveness, these initiatives have slipped into the middle of many important corporate and public debates. Key words: supply chain management; professional: comments on. T he forces of globalization and technology are changing supply chains. In many cases, the supply chains are literally disintegrating. Product designers, marketers, and manufacturers that were previously housed in a single facility are now spread over several continents in organizations with different cultures, languages, and business objectives. For example, not long ago, apparel firms, such as Levi Strauss and Company...
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...A RESEARCH PROPOSAL ON “CUSTOMERS’ PERCEPTION RELATED TO CREDIT APPRAISAL POLICIES AND PRACTICES OF SELECTED BANK LOANS IN U.T. OF DADRA AND NAGAR HAVELI’’ Submitted to Post Graduate Department of Business Studies Sardar Patel University VallabhVidyanagar Submitted by Dipankar Prajapati Asst. Professor at SSR College of ACS, Silvassa U.T. of Dadra and Nagar Haveli. INTRODUCTION__________________________________________________ BANKING SYSTEM IN INDIA Banking is believed to have existed in the most crude form in India, as early as Vedic period. Money lending was common practice in India, with the ancient people. The Puranas and Smritis mention about money changing and money lending. Manusmriti contains reference regarding deposits, pledges, policy on loans and rates of interest. Kautiliya’s Arthashastra also speaks extensively on banking practices in ancient India. The banking system of a country occupies a pivotal role in functioning and development of a country’s economy. In fact, it lies at the core of money market and also plays a complementary role in supporting the capital market. It is necessary to remember that the structure of the banking and financial system of any country is neither created at one stroke, nor is it permanent for all times to come. The fact of the matter is that various institution get evolved over a period of time, either through the trial and error method adopted by the people or at the instance of government. ...
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...NATIONAL UNIVERSITY OF SINGAPORE NUS BUSINESS SCHOOL Department of Finance BMA5318: Investment Banking (Summer I: May-June 2012) Instructor: Banikanta Mishra Office: BIZ 1 Level 7-77 Telephone: +91-943-707-5075 E-mail: banikant@ximb.ac.in Prerequisite: BMA5008 (Financial Management) COURSE SYNOPSIS: This course is a blended introduction to Investment Banking (IB). It would combine theory and practice. To buttress our understanding of practice, we would do some case studies and also have practitioners give a Street Talk every week; some of them may discuss live projects and I may pitch in with my experience with past ones I have been directly involved in. Moreover, we would have both qualitative and quantitative discussions on most topics, the latter mainly being numerical examples (not any rocket science or high-flying calculus). Though we would talk about the global scenario, our focus, whenever possible, would be on Asia. After gaining an idea into what IB is and understanding the basics of Trading, we would study in detail the capital-raising process, mainly Underwriting and Syndication. Here, we would learn about IPO and SEO and ADR and GDR as well as about NIF and RUF. We would also get familiar with Euromarket and the innovative Euro instruments like Euronote and Euro-CP as well as Eurobond and Euroequity. This would also give an opportunity to get a glimpse into Financial Engineering in debt and equity instruments as well as about Structured...
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...Issue 2 30.4.10 Jyoti nivas college sagezza FINANCE INSIDE THIS ISSUE: Finance Marketing Human resource management 2 3 4,5 Reliance discovers more oil in Cambay basin Energy major Reliance Industries has discovered more oil on India's western coast, raising the potential of the exploratory blocks it has been drilling, India's biggest conglomerate whose businesses span petrochemicals, refining, oil and gas exploration and retail said the current flow was at 300 barrels of oil per day (bopd)at the onland exploratory block in the Cambay basin in Gujarat state. The potential commercial interest of the discovery is being evaluated through more data gathering and analysis, it said in a statement. "The discovery is significant as this play fairway is expected to open more oil pool areas leading to better hydrocarbon potential within the block," it said. Reliance holds 100 per cent participating interest in the block, and three earlier discoveries had a flow rate of 500 bopd. The company has so far drilled 14 exploratory wells in the block that covers an area of 635 square kilometres. Last year Reliance, controlled by billionaire Mukesh Ambani, started pumping gas from its block in the vast Krishna Godavari (KG) basin off India's east coast, where it made the country's largest gas find. environment technology Economy politics sports 6 7 8 9 10 entertainment medifacts Campus 11 12 13 RBI OK with teaser home loan rates Teaser home loan rates, which are in the...
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...Professional Presence & Influence Ashley A. Lewis Western Governors University Florence Nightingale, considered the founder of modern nursing, first began to establish nursing as a profession during the Crimean War. Since then, nursing theorists have continued to expand on the thought that patients are made up of more than just the symptoms they present with, Abraham Maslow, Carl Jung, Dr. Larry Dossey and Dorothy Johnson, but none more so than Jean Watson. She developed a theory of human caring that contained several core concepts, these concepts lay forth the ground work for how we, as nurses, should care for a patient. These concepts included transpersonal caring relationships (going beyond ego to higher “spiritual” caring created by caring moments), multiple ways of knowing (science, art, spiritual, etc) and a reflective/meditative approach to caring (Watson, 2010). As nurses it is our responsibility to elevate ourselves above simply what is seen by our eyes, to a level that we feel in our souls. Once we transcend to the level of deeply understanding our soul, we can fully give to our patients the type of holistic patient care that they both need and deserve. Dr. Larry Dossey is an internationally recognized physician known for advocating the role of the mind in health and the role of spirituality in healthcare (Dossey, n.d.). Dr. Dossey has designated the history of medicine in to three separate eras. The first era beginning in the 1860’s, is referred to as...
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