Wednesday, June 13, 2007

SMALL IS THE NEW BIG

Tiny robots travelling within the human body to seek out & destroy disease causing agents or the entire contents of the British Library in your pocket. Yes, yesterday’s science fantasy turns out to be tomorrow’s day-to-day affair. And all thanks to nanotechnology – the science of miniaturising objects to over 100 nanometres. Nanotechnology promises to offer enhanced efficiency in almost every aspect of life. Ranging from memory chips, micro-computers & medical treatments to defence applications; nanotechnology is bound to create a significant impact on almost everything, exactly in the same manner as computers & electricity did a few decades back. Mind you the next industrial revolution is on its way!

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Tuesday, June 12, 2007

STOP TURNING PAGES

A paper containing all the attributes of a paper, and in addition, it has characteristics of writing and deleting matter electronically, is known as new-age paper – e-paper. Extra features like higher contrast – almost equal to the print on paper, and readability from almost every angle, light weight and easy to carry etc. are some of the features that make it a killer product. Some of the products using electrophoretic ink technology have already been launched in the market, like the Sony LIBRIe or the Jinke Hanlin V8.

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Monday, June 11, 2007

Adding fuel to Dragon fire...

Pakistan provides an important route to the Chinese to meet their growing energy needs
The relationship between China & Pakistan seems to be unaffected by the perennially changing weather of international relations. In what may well further consolidate the ‘All Weather’ friendship between the two neighbours; the governments of both countries agreed to enhance cooperation in conventional & nuclear energy during Pakistan Prime Minister Shaukat Aziz’s recent visit to China. Giving a big boost to the strategic alliance between the two, Beijing has agreed to share its satellite & space technology with Islamabad. An agreement to set up a Joint Investment Company was also signed during the recent visit.

To further boost investment from China, a bilateral Free Trade Agreement (FTA) and setting up of a special industrial zone on Pak territory are in the pipeline. Under the FTA, 85% of goods traded between the two countries will be either totally tariff -free or under preferential tariff . The move will also work towards tripling the quantum of trade from $5 billion to $15 billion in the next five years. With FTA being expanded to include services, this leap looks fairly justified.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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Thursday, June 07, 2007

NO MORE BOOKS & BLACK-BOARDS?

Shocking? But we may just have to shut down schools & classrooms with virtual worlds like Why ville mushrooming . Why ville creates an online community of kids with more than 1.7 million registered ‘inhabitants’ from all over the globe that live a normal online life and earn virtual money, chat, socialize with their buddies, explore towns, solve mysteries & even get infected with virtual virus called Why pox! So where’s the learning? Why ville uses a multi user virtual environment (MUVE) that contains a variety of software games that encourage an entertaining learning experience of maths, science & other ‘detestable’ subjects including discipline for children. Such virtual environments are becoming popular, leading to many universities coming up with their own MUVE’s like Harvard’s ‘River City’. With more Internet sites like these, for once mom’s will never again come between a kid & his computer game and complaints about not going to school might become extinct just as the ‘once-upon-a-time’ classrooms!

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Source : IIPM Editorial, 2007

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

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Monday, June 04, 2007

When consumers go crazy!

Or rather, when retailers get eccentric, innovative retail formats result. And it’s happening right now...
Retail’s the buzzword, and this doesn’t come as a surprise to many, especially considering that much water has fl own below the bridge since organized retail found favour in the eyes of the policy makers. However, what can surprise many are the progressive transitions in the models of retail formats sprouting across the nation. Sure enough, with the titanic Rs.9.3 trillion retail market (estimated by CII) galloping ahead at full throttle & with FICCI further extrapolating that speciality formats would command a magnificent 22% of the total retail market by 2010, the whole exercise of alluring customers appears strategically sound. Kishore Biyani, MD, Pantaloon Retail India Ltd. (PRIL) while explaining transitional power of modern retailing formats to B&E stated, “In another five to six years there’s going to be great and radically progressive change in the format of retailing, which is going to change the consumer’s definition of shopping.”

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Source : IIPM Editorial, 2007

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