Wednesday, February 14, 2007

4Ps Release :- The ‘L’ factor


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India must exploit this US tie-up
With new avenues in Indo-US legal services opening up, the good news for legal practitioners in India is that they would now have the option to rake in more moolah working for multinational legal firms. Thanks to the recent decision taken by the Deputy US Trade Representative Karan Bhatia and Indian Commerce Secretary Gopal Pillai; the Bilateral Working Group on Legal Services comprising prominent legal professionals, representatives of US and Indian law firms, the American Bar Association and the Bar Council of India will be constituted in 2007.

With economic and military relations between the two nations registering robust trends, it is imperative to enhance synergies in the legal field to ensure smooth bilateral commerce, because “Legal services are integral to today’s complex, global economy,” says Karan Bhatia. “The lawyers from either country are not permitted to practice in the other, the latest initiative will help in ironing out the legal wrangles for co-operation,” thumps Supreme Court advocate Mala Narain.

The Working Group will be looking at promotion of Legal Process Outsourcing (LPO) sector. Currently, Indian LPO holds only 4% share in the international LPO sector, the major player of which is undoubtedly the US. One of the reasons for co-operation is that a majority of Indian legal professionals are not really in tune with global legal practices demanded by MNCs.

This welcome development will not only help the lawyers to attain better international standards, but also provide better services to common man in India and help introduce a semblance of order in the Indian courtrooms afflicted with inordinate delays and dirt. Ahem, at least that’s what we hope!

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IIPM Editorial, 2007

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IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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Wednesday, December 13, 2006

Capital issues..

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Wake up call for Delhi administration
The Delhi Human Development Report 2006 published by United Nations Development Program in collaboration with the Delhi Government puts up some startling facts. The state having a per capita income that is around 2.5 times the national average is also the state which has a housing shortage of 300,000 units. Around 38% of these households (barring the slums) consist of single room units! The report states that about 100,000 people are homeless in the city and the visible cornucopias of Delhi are only hiding the true picture.

The other disquieting trend that the report reveals is that Delhi contributes 24.4% of all crimes, 24.4% of rapes and 17.6% of dowry deaths in the country. According to the Public Perception Survey 2005, only 19% of the residents feel safe in the state and 90% feel public transport isn’t safe for women. That’s surprising for a state which gloats over a 55,000 strong police force. The report states that discrimination against women is rampant and Delhi with a sex ratio of 821 is lowest in the ranks. Furthermore, it reveals that inspite of having one of the best hospital networks in India (646 hospitals, 993 dispensaries, & 250 maternity homes), ‘health for all’ remains a distant dream. As the capital, Delhi significantly represents everything that’s wrong with India. One can only wish the authorities would wake up and take action.

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IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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Saturday, December 09, 2006

Movements

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Rajeev Karwal (President and CEO of consumer durables, IT and telecom divisions of Reliance Retail) was one of the first high-profile hires of the Mukesh Ambani’s ambitious retail plans and he, interestingly, is also the first to put in his papers. The place of the ex-CEO of Electrolux India will be taken by Ajay Baijal, who was heading the channel business (wireless) at Anil-controlled Reliance Infocomm. The movement also marks the first top-level poaching between the businesses of two brothers.

In the ad world, Sanjeev Gauba has joined Bates Enterprise as its Vice President after he quit Dentsu Communications seven months back. At Dentsu India, after the recent resignation of its two Executive Creative Directors, Sudip Bhattacharya (Creative Consultant, Dentsu Communications) and Rajat Basra (Associate Vice-President, Dentsu Media Palette) have also called it quits. While Bhattacharya is moving to M&C Saatchi as Creative Director, Basra is tight-lipped for the time being.

Also, Aiyana Gunjan is joining Dentsu Marcom as Director, Strategic Planning. Arjun Mukherjee, who had resigned from Rediffusion DY&R, has joined Capital Advertising as its VP. Also, V. S. Rao has been elevated to the position of GM of R. K. Swamy, Hyderabad from the post of Associate Branch Director in Bangalore.

While Vishal Chinchankar, who was earlier placed at Mindshare Interaction (India) as the Business Director has moved to MindShare Interaction, Singapore. Its CEO, Manpreet Singh, has decided to call it quits.

As Neville Taraporewalla, ex-Yahoo! India Chief, takes over Connecturf as its MD, Yahoo! India has a new addition. Pete Deemer will join as the Chief Product Officer (R&D), Yahoo! India.

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IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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Tuesday, December 05, 2006

Work and life: A Hobson’s choice?

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In fact, we would even vote to retire the term “work-life balance” and replace it with “worklife choices.” The problem is that “work-life balance” suggests there is one right ratio for how much time you spend working and not working, and with that we disagree. Sure, there’s a lot of politically correct advocacy for a kind of perfect equilibrium and it may very well be that many people wanting a 50:50 split between work and life. But some people love work so much and find it so gratifying that they want to live a different equation, say, something like 70:30.

Still others want to work just enough to support a life of avocation. For instance, we have a friend who writes and consults about two months a year to pay for travel the other 10. He thinks his life is perfectly balanced. Balance, we’re saying, is a personal choice based on what feels right to you, given what you want from life, both personally and professionally. With that choice, comes consequences.

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IIPM Editorial, 2006, Arindam Chaudhuri's Initiative