Labour Day becomes ‘May Day’ as staggering unemployment rates debilitate future economic growth

IIPM Best MBA Institute

Let’s roll the drums, shall we? Did we hear you say why? Hey, even this year, the Labour Day passed off with astounding progress to write home about, didn’t it? Well, wasn’t that what most of the governments of developed nations said? Wasn’t that the reason why we brought out those belly dancers (read, sycophantic economists) for supporting our tub-thumping gangs of politicians and bureaucrats? Like we mentioned in the heading above, we reserved just one response for all this... “Geez!”

Much like the ceremonial gestures attached to the sickle and hammer clad red flag, the internationally acclaimed date for ameliorating the plight of workers has been reduced to simply a public relations exercise. In global terms, the concerns for honourable working conditions for a common worker have dwindled at a dramatic pace. In fact, the new paradigm based on ‘efficiency based market forces’ has meant that wages, employment and the economic independence of the marginalized section of the society have been relegated to mere statistics.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Article, Visit Below....
IIPM :- Opportunities for those who aim higher
IIPM :- 4Ps BUSINESS AND MARKETING
IIPM Publication :- Electronically Yours
IIPM Publication :- The legendary Hungarian hospitality
IIPM & 4Ps Release :- Search me if you can, lazy bones!
ABOUT IIPM

The ‘Retail Revolution’ is all about distribution

IIPM PUBLICATION

Wal-Mart is not just a retail-wonder but also a classic example of a well developed and well managed supply chain. Wal-Mart’s sophisticated distribution system and information technology to track inventory has significantly improved its efficiency and productivity – making it far more profitable than other retailers. With India sitting on the brink of a retail revolution, supply-chain management will soon have a prominent role to play. “Convenience” is the food, your calling card, your courier, and all at a petrol pump!

When ITC entered into the biscuit business, it knew that if it had to make a place for itself among giants like Britannia and Parle, then apart from offering a large variety of products, it had to have a distribution network. It’s common knowledge that the FMCG products distribution channels are very important. So ITC used its old distribution network and soon all paan-beedi shops had stocks of biscuits too! Today, ITC has made a place for itself in the Indian biscuit business. Its brand is now available in nearly 1.8 million outlets – a little more than the 1.5 million outlets of Parle.

Dell’s unique distribution system (direct to home) helped it to gain a strong hold in the PC market. It helped it to reduce costs (no warehousing costs or middle man cuts) and overtake Compaq, which commanded a large market share.

From banks to biscuits to booking tickets, all have found a new way to destroy competition – a unique distribution strategy. If you want to stay ahead and retain your customer, you need to delight him with innovative ways – and in this case, it’s no big mystery... Just dial D for distribution!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative