B-schools are paying faculty per lecture to save staff cost.

'Taxi faculty' parks itself at institutes

Business Standard

The Bombay Stock Exchange Training Institute (BSETIL) is gearing up to do what it couldn&rsquo;t in the past 21 years. Ambarish Datta, Managing Director and Chief Executive Officer, BSETIL, tells Kalpana Pathak&gt;/I&gt; that after the institute de-linked itself from BSE, the pace of work has improved.

Q&A: Ambarish Datta, MD & CEO, BSETIL 

SabMiller, India&rsquo;s second-largest brewery company, has a difficult task on hand. It is up against the brand of Kingfisher from United Breweries and in the recent past lost market share due to regulatory issues in some states. It is at this juncture that SabMiller is actively working on beefing up its varied portfolio of beer brands to ramp up market share in India.

SabMiller sharpens focus on brands for market share

If advertising is all about the big idea and challenges, then extending that idea across the health and wellness platform in the right way is a different game. Nick Colucci, President &amp; CEO, Publicis Healthcare Communications, spoke to Varada Bhat on the company&rsquo;s plans on the opportunities that Healthcare Communication offers in India. Edited excerpts.

Q&A: Nick Colucci, CEO, Publicis Healthcare Communication

Indian consumers are stacking up their online shopping carts like never before with group-buying sites offering attractive deals.

Group-buying deals drive online traffic offline

Leena Nair, executive director (Human Resources) of Hindustan Unilever (HUL), calls it &ldquo;leadership moments&rdquo;. Each of the company&rsquo;s leaders at all levels goes through such defining moments seven times a year. That&rsquo;s when they open a dialogue with people reporting to them about their performance.

Shyamal Majumdar: HUL's 'leadership moments'

ITC may be a late entrant in the Rs 29,000-crore personal care industry growing at 12 per cent every year, but it sure is making competition count. Some number crunching will establish that the cigarette-to-hotels major has indeed made inroads into an intensely competitive market often marked by pressured margins. In just two years, ITC&rsquo;s personal care business has notched up market share of about 5 per cent (volume) in soaps, and around 3.4 per cent in shampoos.

Segment and grow

At the end of 2007 Toyota was on top of the world. It was one of the most dominant car companies globally that had been continuously profitable for 50 years. At the heart of the auto giant&rsquo;s rise was its culture &mdash; the Toyota Way, a set of management principles and business philosophy that guided its way to operational excellence. Then in 2008 came the global recession, and in 2009-2010, Toyota was hit by the recall of over 10 million vehicles. In both cases, the company was caught off guard and found that a root cause of the challenges it faced was its failure to live up to its own principles. In their new book, Toyota Under Fire, authors Jeffrey K Liker and Timothy N Ogden provide an insider&rsquo;s account how the company has come out of the most challenging years of its postwar existence. In this extract from the book, the authors outline how the specific elements of the Toyota culture drove its response to the crises.

The spirit of challenge

From generation to generation

The Indian movie industry (including Bollywood) is said to produce twice the number of films produced by Hollywood or the American film industry. It sells nearly three times the number of tickets. But there is still some way to go before the largest movie industry by volume mints money from markets outside India. While American filmmakers are staring at a global box office with more than 70 per cent ticket sales coming from markets outside the US, Indian movies still sell the most in their home country.

Big picture

Cost-effective operations and an English speaking talent pool have driven several global firms to look at India as a base to outsource their operations. Market research firm Synovate, which has a turnover of $12 million in India, is no different. It recently introduced its offshore research division in India.

Synovate India: Looking beyond data

For 24-year-old Dheeraj C Reddy, a comfortable job in Bangalore after his bachelor's in engineering was not satisfying. Drawn to the idea of social entrepreneurship, he quit the job and spent a year working with a start-up, training rural youth for jobs in the BPO sector. He is back as a student these days, and seems to be in good company, having found mates with similar interests.

New crop at ISB finds its colours match

Travelocity (part of Sabre holdings) recently unveiled a campaign which plays on the word &lsquo;ocity&rsquo; to draw consumer attention towards the brand. The underlying message of this campaign is the online travel agent&rsquo;s promise of offering consumers the lowest price across domestic and international flights and 4,000 hotels. This is made possible with a built-in search tool that trawls multiple travel service providers, and compiles a list of the lowest rates. To live up to the promise, Travelocity assures it will refund the fare to users if they find a cheaper price on another website on the same day. The differential amount will be compensated by Travelocity in the way of coupons.

Travelocity: Have pack, will travel

Open Source Leader&nbsp;
Author: Sangeeth Varghese
Publisher: Penguin Books India
Price: Rs 499
ISBN: 9780670083268.
The Man Who Sold America&nbsp;
Authors: Jeffrey L Cruikshank and Arthur W Schultz
Publisher: Harvard Business Press
Price: Rs 995
ISBN: 9781591393085.
Surviving the Storm&nbsp;
Author: Dhiraj Nayyar
Publisher: Penguin Books India
Price: Rs 499
ISBN: 9780670085255.
ICC Cricket World Cup - 2011 Official Guide&nbsp;
Publisher: Living Media India 
Price: Rs 200
ISBN: 9786077636229.
Essence Of Good Management&nbsp;
Author: K R Kim
Publisher: Biztantra
Price: Rs 549
ISBN: 9789350040089.
Managers Who Make A Difference&nbsp;
Author: T V Rao
Publisher: Random House India
Price: Rs 299
ISBN: 9788184001372.
Geek Nation&nbsp;
Author: Angela Saini
Publisher: Hachette
Price: Rs 499
ISBN: 9781444734096.
Connect The Dots&nbsp;
Author: Rashmi Bansal
Publisher: Eklavya Education Foundation
Price: Rs 150
ISBN: 9788190453028.
The Habit of

The top 10 business bestsellers

Preschools cater to children in the age group of one to five.

KIT: Preschools in India

    What is common to Albert Einstein and Ramalinga Raju, founder of Satyam Computers? Initiatives launched by them have created a lasting impression.

The Strategist Quiz (#202)

Acer is eyeing a bigger share of the Indian market with five tablet PCs and five smartphones in its portfolio. The brand enjoys 11.3 per cent and 10.6 per cent share in the PC and notebook segments, respectively.

Acer eyes a bigger slice of the PC, smartphone pie

Small independent agencies in India are slowly but steadily making inroads into large advertiser accounts held by industry majors.

The rise and rise of creative hotshops

    Name this brand which describes itself in this manner: &ldquo;After 5 burglaries, 1 office dog, 9 Christmas quizzes, 12 nights spent in the warehouse, 1 consignment of refugees arriving with a clothes delivery, 4 office moves, 2 venture capitalists, 6 awards, about 20 fantastically annoying customers, a couple of crooks, a great team spirit, bucket loads of sweat and even more laughs, we&rsquo;re still here.

Answers to last week&#39;s quiz (#201)

Future Group&rsquo;s appetite for food is steadily increasing with newer retail formats.

Page 573 - News

'Taxi faculty' parks itself at institutes

Q&A: Ambarish Datta, MD & CEO, BSETIL

SabMiller sharpens focus on brands for market share

Q&A: Nick Colucci, CEO, Publicis Healthcare Communication

Group-buying deals drive online traffic offline

Shyamal Majumdar: HUL's 'leadership moments'

Segment and grow

The spirit of challenge

From generation to generation

Big picture

Synovate India: Looking beyond data

New crop at ISB finds its colours match

Travelocity: Have pack, will travel

The top 10 business bestsellers

KIT: Preschools in India

The Strategist Quiz (#202)

Acer eyes a bigger slice of the PC, smartphone pie

The rise and rise of creative hotshops

Answers to last week's quiz (#201)

New crop at ISB finds its colours match