...According to Dr. Kalam, a creative leader must have following characteristics: a) A vision beyond himself where he quoted the examples of Mr. M. S. Swaminathan and P. Subramanium who made the green revolution a stunning success. The leader must also have the passion to realise the vision he envisaged. b) He should travel along the unexplored path. The unknown story of how Vikram Sarabhai worked in setting up of the Tumba space research station at a densely populated and religiously important place in Kerala through the combined participation of politics, religion, and science was elaborated as an example of the same. Understanding the importance of the setting up of the space station at a scientifically strategic location like Tumba, the Kerala Chief Minister directed him to The Bishop Rev. Fr. Peter Perreira. After an intense discussion with the Bishop he advised Sarabhai to attend mass the very next day which was a Sunday. As a surprise to Sarabhai the bishop addressed the local fisher folk on the importance of setting up of the space station by telling them how science has helped mankind. Without any compulsion the entire congregation responded by saying "Amen". It was a new kind of management system which has happened only in India. c) The leader should know to manage success and failure and the courage to take decisions.He shared a personal experience where Mr.Satish Dhawan, Former Chairman of ISRO had entrusted Dr. Kalam with the task of building India's first satellite...
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...LEADERSHIP SYYLE OF VIKRAM PANDIT (CITIGROUP) [pic] Individual's leader style was produced in their initial youth. Throughout the process, one's principle intelligent leadership could be influenced by nature's domain and instruction that could be additionally affected by the level of confidence and responsiveness. As stated by (Nanjundeswaraswamy and Swamy, 2014) Leadership is a social process of persuasion in which the leader looks for the voluntary interest of subordinates in an exertion to achieve association objectives. A leader might be characterized as an individual who delegates or impacting others to act in order to do specified goals. Today's associations need compelling persons who comprehend the complexities of the quickly changing nature. On the other hand if the job is very organized and the leader has great association with the representatives, adequacy will be high from the workers. The leadership is a process that is dependent upon the aggregation in which the leader impact the devotees by utilizing their authority thought and movement (Northouse,2010).During the process, it is liable to cause misjudging and clash that normally be seen as correspondence issue or diverse personalities. Nevertheless, the cover of it possibly will be accomplished the same as different leadership style (Darling and Laffel,2010).Difference in leadership style normally disappoint peoples or even understand a disregard in entrepreneurial based associations....
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...VIZAG STEEL The Visakhapatnam Steel Plant was designed way back in late 1960s but by the time its chief Consultants - MN Dastur & Company's - report and revised reports were accepted in 1984 to start construction, it had become the most expensive steel plant ever to be constructed, deisigned to produce about 3 million tonnes (Mt) of processed steel per year. Its efficiency model was designed after the Pohang Steel Plant in Korea. The Visakhapatnam Steel Plant is the first ever shore- based steel plant in India, and outside the traditional coal belts of Dhanbad–Jamshedpur areas.Vizag Steel, also known as Visakhapatnam Steel Plant steel company based in the outskirts of Visakhapatnam, India. Its main plant is located 26 kilometers from Visakhapatnam, Andhra Pradesh, it is among India's premier steel mills. It has also been conferred the Mini Ratna status. Its vision - Infrastructuring India. Vizag Steel bagged the first prize in Energy Conservation constituted by Ministry Of Power, Government Of India, consecutively for the last two years primarily due to its focus on energy conservation, cost reduction and waste utilization. Vizag Steel Plant today is among the lowest cost steel producers in the world. The Visakhapatnam Steel Plant has been awarded the Safety Innovation Award - 2006 by the Institution Of Engineers for its "outstanding contributions in the field and adoption of the best and the most innovative safety practices". The plant was awarded the Prime Minister's...
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...Overview "The Biggest Brands and Best People" - this is the philosophy driving Madura Fashion & Lifestyle. A part of the Aditya Birla Group, it has in the past decade made a significant shift to establish itself as a premier fashion and lifestyle company. Today, Madura Fashion & Lifestyle is one of the fastest-growing branded apparel companies in India. Each of its brands is an undisputed leader in its segment. The company is considered a benchmark by competition and a Mecca of learning by industry. Madura Fashion & Lifestyle has pioneered various concepts new to the Indian apparel industry. It has effectively managed a multi-brand, multi-product, and multi-channel environment, and all its brands have evolved significantly in terms of both branding and retailing. The company’s biggest strength lies in its people. In the words of Mr Kumar Mangalam Birla, Chairman, Aditya Birla Group: “For sustainable success, their (people’s) performance orientation and customer focus is imperative. In my view, organisations grow only where people grow.” A rigorous selection process enables Madura Fashion & Lifestyle to hire the best people available. The Management Trainee scheme helps employees sharpen their latent skills by taking them through a systematic process of learning and development, thus enabling them to deliver their best. A career at Madura Fashion & Lifestyle is a logical sequence of personal and professional development, leading employees to achieve their...
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..."OVERVIEW" (Everything company is into and stuff) A US $40 billion corporation, the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 120,000 employees belonging to 42 nationalities. The Group has been ranked Number 4 in the global 'Top Companies for Leaders' survey and ranked Number 1 in Asia Pacific for 2011. 'Top Companies for Leaders' is the most comprehensive study of organisational leadership in the world conducted by Aon Hewitt, Fortune Magazine, and RBL (a strategic HR and Leadership Advisory firm). The Group has topped the Nielsen's Corporate Image Monitor 2013-14 and emerged as the Number 1 corporate, the 'Best in Class', for the second consecutive year. Over 50 per cent of the Aditya Birla Group's revenues flow from its overseas operations. The Group operates in 36 countries – Australia, Austria, Bangladesh, Brazil, Canada, China, Egypt, France, Germany, Hungary, India, Indonesia, Italy, Ivory Coast, Japan, Korea, Laos, Luxembourg, Malaysia, Myanmar, Philippines, Poland, Russia, Singapore, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Tanzania, Thailand, Turkey, UAE, UK, USA, and Vietnam. Aditya Birla Group – The Global Scenario Around the world, we're known for: A metals powerhouse, among the world's most cost-efficient aluminium and copper producers. Hindalco-Novelis is the largest aluminium rolling company. It is one of the three biggest producers of primary aluminium in Asia with the largest single...
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...Shankar, who wears his commercial tag like a medallion, has an addiction for making big commercial films. While he's been quite successful at it all these years, it has slowly started to have an adverse effect on his films to the extent that even the presence of a bankable star, say Vikram, doesn't add much value to the output. In his much anticipated film I, Shankar proves that only he can take a wafer thin story and turn it into something outlandishly beautiful yet complex, leaving you with an afterthought - "Why can't he ever make smaller films for a change?" Mostly known for making message-oriented films in which the hero singlehandedly takes on the system, Shankar attempts to tell a romantic tale in his latest offering, said to be made at a budget of over Rs 100 crore. Vikram plays a bodybuilder, Lingesan, who idolises Arnold Schwarzenegger and supermodel Diya, played by Amy Jackson. If the posters of Arnold decorate the walls of his lower middle class home and his gym (which is named after Arnold), there's a box full of women's products endorsed by Diya in his bedroom. In a funny scene, when he's caught red-handed by his friend and asked what he is going to do with all the products (holding a pack of sanitary napkin), Lingesan nonchalantly says he will use it as a pillow. In these refreshing initial moments, Shankar helps us understand that Lingesan has extreme liking for Diya but doesn't love her yet because of their social and cultural divide. There's a...
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...in many dimensions across the world e.g. Asian countries are more collectivism oriented whereas Western European states are more individualistic. Citigroup ignored absolutely anything which might have given them any idea about the insight of the target audience. Customer centricity and the respect of the people are key elements for the survival of any firm. Decisions should never be solely based on a tempting idea; aftermaths are needed to be analyzed as well. The collapse of banking sector added more misery to Citigroup’s condition. Adverse consequences for global economy further exposed the lack of a proper business model to follow and the need to focus on individual units rather than putting hands in everything else. Q2. What is Vikram Pundit...
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...Summary of A Doctor’s Journal Entry for August 6, 1945 by Vikram Seth A Doctor’s Journal Entry for August 6, 1945 by Vikram Seth is a remarkable poem describing the horrors of the aftermath of an atomic bomb explosion. This tragic poem describes the condition of the survivors of the atomic bombing by the United States on Hiroshima during the end of the World War II on 6th of August 1945. The narrator in the poem, A Doctor’s Journal Entry for August 6, 1945, is a doctor. The poem begins with a calm and serene note. The doctor says that it was dawn and he was in his bed, not fully clothed. When he stretched out and looked outside, he saw shining leaves and shadows. In the next moment, there were two sudden flashes of strong light and the old stone lantern in his room lit up by itself. The doctor wondered whether the flashes were magnesium flares seen during a war. In the next moment, the doctor finds out that the roof and wall of his building has collapsed and the debris were scattered all over. Dust covered up the whole place and clothes disappeared from his body. They were burnt. The doctor was wounded on his cheek, thigh and he was bleeding. A piece of glass had entered into his body which he removes ‘detachedly.’ He was wondering what suddenly took place and what had happened to him. The narrator called out his wife, ‘where are you, Yecko-san?’ Yecko-san looked pale, frightened and had blood stains on her body. The doctor assures his wife that they would be fine and they...
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...Mary Ma: Sept 11' BFA Filmmaking - Track B Cultural Mythology and World Religions – Extra Credit Assignment The Power of Illusion 'Kumaré' Kumaré is a documentary about a man who impersonates a wise Indian Guru and starts to build a following. Vikram Gandhi's experiment has been criticized as immoral, many others do agree with his philosophy and “teachings”. The experiment had simply grown out of his control by the time he could reveal his true self. Kumaré's followers in the documentary claimed to be comforted by his energy and presence. There was something about him that drew others to him. People said that he was giving and was willing to spend most of his time trying to help others. But what if it were all for show? When Vikram began his transformation to the all knowing Guru Kumaré he was, in his words “just curious”. This harmless curiosity and openness to the subject may have been exactly what drew his followers to him (That, and he looked the part). He did not set off on a journey to become rich or famous as they suggested was why some other people became Gurus. Vikram went to other established spaces to learn their methods of teaching and incorporated his findings into his own teaching. He also legitimized himself in the eyes of his followers by performing rituals and making up prayers and chants. The identity he adopted was actually the man he wished he could be. Vikram's act became real and he turned into some spiritual placebo that made a great impact...
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...Evaluation on pasta When I cooked my pasta I forgot some of my ingredients therefore I had to use my initiative and cooked it the way that I thought would be best to complement all the ingredients that I had brought with me in the end it all turned out alright this is reflected in the star profiles of when other people tasted it. Next time I cook it I might add either tuna or meatballs this will enhance the flavours and also give it more depth taste wise. When I was presenting my pasta I put them in the middle of my plate and arranged them so that they were in a square in the middle, after that I got a piece of tissue and wiped the edges of the plate where there was some sauce. I did this so that my dish looked professional and more appealing to the eye. In the lesson I had set my self a time frame so that I would have enough time to clean the dishes. My time frame was thirty minutes which I abided by and ended up finishing 15 minutes early which was a strength because I got more time to finish cleaning up my area. The recipe was easy to follow because the steps were clear and easy to read this is because the language used in the text was not too formal. When other people tasted my food they complemented me on the use of Italian herbs, I got no criticism, which I was pleased with. I would say that some of my strengths were that I used my initiative and used the ingredients that I had and I did not let forgetting some of the ingredients affect the final product (pasta dish). A...
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...Pranav Vikram Shriram 1264456 Introduction to Economics BS1547 Introduction to Economics Macroeconomics Assignment- 1 Neo-Classical and Keynesian “The study of how society, and those in society allocate scarce and hence valuable resources between competing uses can be defined as Economics”(Jones, 2013) which was founded by Adam Smith in 1776. “The field of Economics that deals with the aggregate economy and changes in its level of unemployment, national income, growth rate, GDP, inflation and price level is called Macroeconomics.”(www.investopedia.com) As economics developed two distinct approaches were seen to immerge the Neo Classical which stated that Macroeconomics = ∑Microeconomics and the Keynesian which stated the opposite. Both these approaches are still followed in the managing of the present world Economies. Figure 1. As seen above, Neo classical approach lasted several years before the Great Depression, but was revived once again after the period of stagflation when the Keynesian approach failed to improve the economic condition. The Neo Classists approach influenced by Adam Smith and others with reference to the ‘invisible hand theory’ (Jones, 2013) stated that the “market is best left alone and that it will adjust and clear itself and hence finding its own macro-equilibrium.” (Jones, 2013) Keynes suggested that this is not realistic approach and that “government intervention is needed for the market to reach its macro-equilibrium.” (Jones, 2013) The Neo Classical...
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...The researchers Janet Currie, Stefano DellaVigna, Enrico Moretti, and Vikram Padania did a careful study of the effect of fast food restaurants and examine the fast food restaurant affects to school children. C. They realize that the obesity rates of approximately three million school children weight gain of over one million pregnant women. III. According to Sarah Muntel, RD, fast food is highly full of fat, calories, sodium, and processed in today era. A. Many Americans believe that a typical fast food meal every day can make a person gain and lead to health conditions, for example, heart disease. B. They also blame the expensive cost of healthy food which give them a reason why people buy fast food because it’s cheap. C. Also, one the of the main reason people rather buy fast food than cook home is that it takes a few minutes to order than to cook. IV. The relation between obesity and fast food restaurant is quite shocking. A. With fast food restaurant significantly increases, it created more chance of people weight to increase (Janet Currie, Stefano DellaViagna, Enrico Moretti, and Vikram Padania). B. Though the effect of fast food restaurant access is more prone for...
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...However, gluten-free market offers a substitution probably for any gluten containing food. (More info about celiac disease and gluten-free diet can be found on https://celiac.org) At first, gluten-free food market was driven by growing of celiac awareness, but than it became a new trend and quickly expended over the past decade and its size is expected to double in the next 10 years. According to the estimations of market research firm Nielsen, the sales of gluten-free products have doubled in the past four years, rising from $11.5 billion to more than $23 billion. And sales of gluten-free food in America are forecast to grow by a further 61% by 2017, with similar increases expected in other rich countries. (“The article is Gluten-free” Vikram Mansharamani) Present and potential buyers It’s obvious that among consumers of gluten-free food we can count people who suffer from celiac disease, wheat allergy or non-celiac gluten sensitivity. However, demand doesn’t end here. Gluten-free diet quickly gained popularity both as a fad diet and as a part of healthy lifestyle. The view that gluten is bad not only for celiacs, but for everyone, is very popular now and is promoted by bloggers, well-known nutritionists and dietitians and celebrities (including Gwyneth Paltrow and Miley Cyrus). Strong belief that gluten free diet is beneficial for health results in more and...
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...New Leaders of Financial Giants – Case of Citi Group and Merrill Lynch: Question 1: Introduction This report will review the precarious positions of Citigroup Inc. and Merrill Lynch at the beginning of the subprime mortgage crisis. Both companies had been hit hard by the recent economic problems, and both had recently hired new management in an attempt to navigate through these difficult times. Since risk management failures were viewed as the primary catapult of the crisis, the thinking was that managers with risk management experience would be able to introduce innovative techniques to improve the respective company’s positions. The report will analyze some of the solutions that were proposed, and attempt to apply options analysis through binary trees to quantify these proposals. The Subprime Mortgage Crisis of 2008 Before analyzing the current predicaments of the two companies in the report, an understanding of the subprime mortgage crisis (which includes a discussion on MBS’s and CDO’s) is necessary. An entity, known as the ‘Servicer’, issues debt securities called Mortgage Backed Securities (MBS) and raises funds. The funds are used to grant home loans or mortgages. The borrowers or homeowners make monthly payments to the services. These payments include both principal and interest components. The servicer transfers these payments to Mortgage Backed Security Holders or the investors after deducting some spread which can be viewed as profit margin or...
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...LDEN/063 IBS Center for Management Research MS Oberoi and His Legacy This case was written by Nitya Iyer, under the direction of Debapratim Purkayastha, IBS Center for Management Research. It was compiled from published sources, and is intended to be used as a basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. 2009, IBS Center for Management Research. All rights reserved. To order copies, call +91-8417-236667/68 or write to IBS Center for Management Research (ICMR), IFHE Campus, Donthanapally, Sankarapally Road, Hyderabad 501 504, Andhra Pradesh, India or email: info@icmrindia.org www.icmrindia.org LDEN/063 MS Oberoi and His Legacy “My life has been achievement-oriented. I started off as a coal clerk at the Cecil Hotel in Simla. But I always had dreams and I worked my way at fulfilling those dreams.”1 MS Oberoi, the Founder of the Oberoi Group. “His [MS Oberoi’s]legacy isn’t just the hotels. His life has been a living example that nothing is impossible. Persistence brings success. His legacy is for the world to see and learn.”2 -Sanjiv Malhotra, Vice-president, Oberoi Towers, Mumbai, September 2001. “I have great respect for the professionalism of Oberoi Hotels. To me, both the hardware and software components are equally important in a complete hotel product and the Oberoi brand excels in both. P R S Oberoi stands for uncompromising quality like his late father and in this country at least...
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