Your MNC, your cancer!

MNCs are hailed as national treasures in some countries; but their devil-may-care attitude results in many tragedies – both industrial and health – making them reasons for global shame

Globalisation is inevitable as we reside in a ‘global village’. And the entities which benefit the most, perhaps, out of this phenomenon are modern day centres of affluence and influence – MNCs. As they profit and in the process, enhance employment and production, what goes unnoticed is that their drive to profit, which leaves many in pain, is encouraged by their lack of concern and efforts towards safe working of their industrial units across the globe.

A McKinsey report has exemplified that the cumulative market value of top 10 Fortune 500 companies is equal to the combined GDP of India and Brazil or total forex reserve of six leading Gulf oil exporting countries in 2006; at the same time, the clearly irresponsible, greedy and biased business policies and activities of these MNCs – and we tread quite firm ground when we partake of such suppositions – without considering people, environment and legal aspects, have brought a quasi-apocalypse in the form of fatal industrial accidents, environmental hazards and pollution related health issues affecting millions in innumerable ways. If the Bhopal gas tragedy in 1984 (which we dare say has become a staid benchmark) can be considered the most horrifying industrial catastrophe in history, claiming between 3,000 and 20,000 lives, leaving thousands with serious diseases and injuries, what we consider worse is the knee jerk reaction of Dow Chemicals – the global giant providing innovative chemical, plastic and agricultural products and services and responsible for this industrial catastrophe – which publicly disowned its accountability. Consider the amount with which Dow tried to console affected families – a mere $300-$500. And when some 200 women protested against Dow for its meagre response and for not really taking any proactive mechanisms to clean up the area stacked with dangerous toxic waste which spreads many gas related diseases in the small town Bhopal, Dow sued them in return for raising voice against the company using it’s political, monetary and muscle power. When an explosion and fire ruined a fireworks factory belonging to Bright Sparkles Sdn.

Read more.....

Source : IIPM Editorial, 2012.

An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
 

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links

IIPM : The B-School with a Human Face

Converting garbage to gold!

Enter a cramped & dirty alley of the Dharavi slum and you will observe children playing in the midst of filth and squalor and adults busy with their daily chores with equanimity, resigned to their fate. Paradoxically, the 600,000 inhabitants of the world’s worst slum (where over 800 people use one toilet) have no urge to give up their tiny and dingy hovels in-lieu of promises of better living conditions. It would be egregiously wrong to suggest that Dharavi residents have no dreams & aspirations, because if this was true, they would not have owned televisions, mobiles and motorbikes and we wouldn’t have witnessed them yearning to be Bollywood stars like Govinda & Madhuri Dixit. They probably keep their aspirations for a clean living environment under a lid, because they know that land sharks are waiting in the wings to grab their land and give them peanuts in return. With the Maharashtra government once again promising to facelift the slums, the apprehensions of being taken for a ride are once again resurfacing among the majority of residents. In a recent move, the government of Maharashtra has invited bids for the make-over of Dharavi (the slum will be broken down and about 57,000 families residing their will be given apartments of 225 square feet in high rise buildings with modern facilities & sanitation).

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com

Polish prospects

An economic success story is surely getting scripted in Poland, which has recently emerged as a promising economy in East-Europe, thanks to the multifarious economic reforms.

Poland after becoming a democracy in 1989 has liberalised its economy, initiated reforms & privatized small & medium state owned enterprises. These resulted in impressive economic growth, raised standard of living as well as making it a business destination for investors & importers from many European countries & even USA.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India