CMA Emag March 2010
CMA Emag March 2010
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CMA eMag
Contents
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CMA eMag
Foreword
Col Karamjeet Singh
President-CMA
Director- Continental Group of Institutes
Dear Members,
The maiden issue of CMA's eMag was highly applauded by all who have had the opportunity to glance
through it. Members almost instantaneously & overwhelmingly responded by giving their feedback & also
taking on the onerous task of subscribing their thought provoking articles, views, stories & snippets etc for
the following issue- a very encouraging indicator for the CMA fraternity.
The articles/views subscribed by the members in this issue cover significant dimensions including surveys
& research findings of contemporary interests, comments and view points on the emerging vis-à-vis
desired stature of Chandigarh, human rights, tourism, rural industrialisation, management , motivation &
other issues.
I urge the members to generously & proactively participate by not only contributing but also giving their
valuable suggestions & feedback so as to enable us to affect improvements & make eMag a resounding
success.
Let us all make CMA platform - A happening place!
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CMA eMag
View Point
Tags: Chandigarh, Administration, Flyovers, International City, Heritage Status, Roach Garden
Awarded
Col. Karamjeet Singh being awarded by S. Sukhbir Singh Badal, Dy. C.M. Punjab on the occasion of
Punjabi Parvasi Divas held on 23rd January at Mount View Hotel in Chandigarh
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CMA eMag
Survey
Tags : Chandigarh Roads, Vehicle Accidents, Road Deaths, Traffic, Civic Sense
I have been travelling on Chandigarh the reactions to terrorist and have become a necessity in the
roads in the last 25 years insurgents’ related attacks. In 2008, absence of a viable public transport
intermittently and for the past four India lost approximately 2,600 sy s t e m . N o t w i t h s ta n d i n g t h e
years almost daily. Unfortunately, personnel to such incidents. Media infrastructure constraints, we have
there is a palpable degradation in our and civil society debates this form of accidents primarily due to poor road
collective sense of road safety and death day in and day out, which it sense. How often have we sat through
concern for fellow travellers. should and attempt to stop; but can a traffic light and seen the usual game
Condition in other tier II and III cities in we ignore 50 times higher death toll theory application in blatant disregard
North India is even worse. On all India on the national roads? to even the presence of a traffic
As per World health Organization policeman? Non-stopping before the
(WHO) data, every 30 seconds zebra crossing, not waiting till clock
someone dies on the world’s roads. ticks zero, creeping forward at 6 to 8
Annually, over 1.3 million people die seconds, not stopping in a lane or
and over 20 to 30 million are injured or simply ignoring a blazing red light and
permanently disabled from road whizzing past; are all part of our
traffic injuries. The Global Burden of skewed traffic sense and defect
Disease Report, published by the behaviour.
WHO, predicts that road traffic Startling Survey
accidents will move from ninth place Last year MBA students of Adam Smith
to third place on the list for worldwide Institute of Management (formerly
death and disability. Icfai National College) carried out an
Chandigarh Roads – No Better interesting survey. The students were
In Chandigarh itself, as per Chandigarh located at eight traffic lights and
level, as per World Road Statistics, Traffic Police web site, a total of 728 recorded their observation of vehicle
presented in the Rajya Sabha, 94,985 calls were made to the PCRs regarding drivers – in the presence of a traffic
people were killed in road accidents in road accidents in 2009. 14 fatal and 20 policeman and in his absence. The
the country in 2005, next only to China injury cases were reported in these s t a t i st i c s w e re s t a r t l i n g a n d
where 98,738 people were killed in accidents. Besides this, 240 minor demolished our misplaced concept of
the same year. The number of deaths cases were reported regarding vehicle Chandigarh being more disciplined in
in road accidents in Delhi alone was accidents. While the averages are far road sense than other metros. A total
2,169 in 2005. Some of the press below the other metros like Delhi, we of over 2,600 vehicle recordings were
reports reveal that India had nearly can not draw comfort as every life lost made in the busy intersections of
3,00,000 accidents with over 1,10,000 in vehicle accident is unnatural and Dakshin Marg and three internal
deaths in 2009. preventable. What are the major roads of Sector 37-38, 34-35 and 28-29
All these accidents and fatalities are reasons of these accidents and by 46 students. In the presence of a
avoidable if we, as responsible citizens fatalities? traffic cop, it was observed that 92% of
take notice to this and start a massive Chandigarh roads are barely able to the vehicles stopped, but less than
voluntary education cum awareness sustain the traffic pressure, especially 10% adhered to their lane or zebra
campaign. But our apathy to human during peak morning and evening crossing. Balance 8% of the vehicles –
life is evident when we compare this to hours. Multiple vehicles in families mainly the auto rickshaws and two
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CMA eMag
Survey
Countering Maoism
With Sagacity And
Dr. P. K. Vasudeva
Former senior professor ICFAI Business School, Chandigarh Statesmanship
E-mail : vasu022@gmail.com
Tags : Human Rights, Extra Judicial, Killings, Nandigram, Gujarat Riots, Nazi germany, Punjab
rights groups of killing more than 30 travel and activities of visiting experts
villagers and intimidating them and scholars. Significant restrictions
through violence and rape. on the funding and activities of NGOs
There was also, it said, concerns about also continue, according to the report.
the failure of the Gujarat government Human Right Cases on the Rise
to arrest and convict those We have also noted that After
responsible for the 2002 violence Independence, the number of
following the train burning in Godhra Governments formed till now must
in which 59 men, women and children have claimed a lot on Human Rights
Ms. Sangeet Growar, Director (R&D) were killed. but the true face of this is totally
Gurukul Vidyapeeth
Enforcement is inadequate different. Though the problem of
Although the country has numerous Human Rights is global but the
Though India has been given an overall laws protecting human rights, intensity of this problem is more in
clean chit on its human rights record, enforcement is inadequate and India especially in the regions of
but it still faces numerous serious convictions rare. It is because, unlike Punjab and Haryana.
problems including extra-judicial Consumer forum committees where Punjab State Human Rights
killings, disappearances, and torture its members have the right to take the Commission is especially set up to give
and rape by security forces as well as decisions, HRC members can only file an ear to the existing violations and
by terrorists. The State Department's complaints with the courts and the other new violations cropping up.
2007 Human Rights Practices report police but can't take any actions But the following figures clearly
states; the Indian government related to the violation. The report represent that the situation is totally
“generally respected the rights of its also adds that poor prison conditions, out of control. This chart shows us the
citizens; however, numerous serious lengthy pre-trial detention without cases instituted by Punjab State
problems remained.” charge and prolonged detention while Human Rights Commission.
The report, which makes critical, undergoing trial
references to the state of affairs in remain significant
India's neighbourhood - Pakistan, problems.
Bangladesh, Nepal and Sri Lanka, said, The rising corruption
in India “serious internal conflicts at all levels within the
affected the state of Jammu and government and
Kashmir, as well as several states in the police, and attempts
north and east”. to combat the
The report noted that in West Bengal, problem are
violence in Nandigram led to u n s u c c es s f u l, t h e
accusations of state government report said, and added
failure to control ruling Communist that the government
Party of India - Marxist (CPI-M) party continues to apply
cadres, which were accused by human restrictions to the
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CMA eMag
Research
Let's not go very far. Our neighbour Babylonian Code of Hammurabi, the War II, and officials from the
state, Haryana is facing the problem Bible, the Quran (Koran), and the defeated countries were punished
of honour killings. The social Analects of Confucius are five of the for committing war crimes, "crimes
activists call these honour killings oldest written sources which against peace," and "crimes against
totally against the Human Rights address questions of people's humanity."
Act. duties, rights, and responsibilities. Governments then committed
History of Human Rights Documents asserting individual themselves to establishing the
Let's go back into history and see rights, such the Magna Carta (1215), United Nations, with the primary
how this whole thought and the English Bill of Rights (1689), the goal of bolstering international
concept of Human Rights French Declaration on the Rights of peace and preventing conflict.
originated. Though the belief that Man and Citizen (1789), and the US People wanted to ensure that never
everyone, by virtue of her or his Constitution and Bill of Rights (1791) again would anyone be unjustly
humanity, is entitled to certain are the written precursors to many denied life, freedom, food, shelter,
human rights is fairly new, its roots, of today's human rights documents. and nationality. The essence of
however, lie in earlier tradition and Yet many of these documents, when these emerging human rights
documents of many cultures. It took originally translated into policy, principles was captured in President
the catalyst of World War II to propel excluded women, people of colour, Franklin Delano Roosevelt's 1941
human rights onto the global stage and members of certain social, State of the Union Address when he
and into the global conscience. religious, economic, and political spoke of a world founded on four
Throughout much of history, people groups. essential freedoms: Freedom of
acquired rights and responsibilities The idea of human rights emerged speech, Freedom of religion,
through their membership in a stronger after World War II. The Freedom from want, and Freedom
group a family, indigenous nation, extermination by Nazi Germany of from fear
religion, class, community, or state. over six million Jews, Sinti and But the scenario today has changed.
Most societies have had traditions Romani (gypsies), homosexuals, and In an atmosphere where the war
similar to the "golden rule" of "Do persons with disabilities horrified against terror has gained primacy,
unto others as you would have them the world. Trials were held in human rights concerns have taken a
do unto you." The Hindu Vedas, the Nuremberg and Tokyo after World backseat.
Book Release
Inclusive Growth and Sustainable Development Ideal for Indian Economy
Edited By B. B. Tandon and P. K. Vasudeva. On Jan 2010 was released by
H.E. Mr. Gudmundur Eiriksson, Ambassador of Iceland to India
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CMA eMag
View Point
Violations of Human
Ms. Monika Aggarwal
Rights in India
Asstt. Professor-Govt. College, Panchkula
Tags : Human Rights, Violations, POTA, AFSPA, Child Abuse, Human trafficking, Anti Sikh Riots
Human rights are "basic rights and Forces and the armed militants
freedoms to which all humans are operating in Jammu and Kashmir. A
entitled". Charter of the United 2005 study conducted by Medecins
Nations, which has been signed by Sans Frontieres found that Kashmiri
virtually all sovereign states, women are among the worst sufferers
recognises the existence of human of sexual violence in the world, with
rights and calls for their promotion 11.6% of respondents reporting that
and respect. The situation of human they had been victims of sexual abuse.
rights in India is a complex one, as a The Armed Forces Special Powers Act
result of the country's large size and (AFSPA) grants the military wide
tremendous diversity, its status as a powers of arrest, the right to shoot to
developing country and a sovereign, kill, and to occupy or destroy property
secular, democratic republic and its in counterinsurgency operations.
history as a former colonial territory. Indian officials claim that troops need
According to the estimates of such powers because the army is only
Reporters without Borders, India deployed when national security is at
ranks 105th worldwide in press serious risk from armed combatants.
freedom index (press freedom index Such circumstances, they say, call for women and children are trafficked
for India is 29.33 for 2009). Laws such extraordinary measures." Human f rom Bangladesh. Babubhai
as the Official Secret Act and rights organizations have also asked Khimabhai Katara was a Member of
Prevention of Terrorism Act (POTA) Indian government to repeal the Parliament when arrested for
have been used to limit press Public Safety Act, since "a detainee smuggling a child to Canada.
freedom. Under POTA, person could may be held in administrative The 1984 Anti-Sikh riots was a four-
be detained for up to six months detention for a maximum of two years day period during which members of
before the police were required to without a court order." the secular-centrist Congress Party of
bring charges on allegations for Medley of Human Rights I n d i a m a s s a c red S i k h s ; s o m e
terrorism-related offenses. POTA was estimates state that more than 2,000
Homosexuality is criminalised in India were killed. Recently in Taliban, two
repealed in 2004, but was replaced by by interpretations of the ambiguous
amendments to UAPA. The Official Sikhs were beheaded because they
Section 377 of the 150-year-old Indian refused to convert into Islam.
Secrets Act 1923 remains in effect. Penal Code (IPC). The punishment
The Violations ranges from ten years to lifelong Conclusion
Despite state prohibitions against imprisonment. The law has been used It is a matter of grave concern that the
torture and custodial misconduct by to harass HIV/AIDS prevention efforts, violations against Human Rights are
the police, torture is widespread in as well as sex workers, men who have increasing day by day despite the
police custody, which is a major reason sex with men and other groups at risk formulations of Human Rights
behind deaths in custody. The police of the disease. On June 2 2009, the Commissions at the Centre and State
often torture innocent people until a Delhi High Court decriminalised levels. This only shows that the
'confession' is obtained to save consensual private sexual acts commissions are not efficient, as their
influential and wealthy offenders. G.P. between adults saying "We declare work needs to be monitored. This also
Joshi, the programme coordinator of that Section 377 IPC, in so far it shows the poor governance system,
the Indian branch of the criminalises consensual sexual acts of the leaking delivery mechanism and
Commonwealth Human Rights adults in private, is violative of Articles giant gaping holes in the social
Initiative in New Delhi comments that 21, 14 and 15 of the Constitution. security net. For human development,
the main issue at hand concerning Human trafficking is $8 million illegal provision of basic human rights is
police violence is a lack of business in India. Around 10,000 ultimate without these all economic
accountability of the police. Nepali women are brought to India growth is meaningless, as it will result
Claims of human rights abuses have annually for commercial sexual in wide disparity between the haves
been made against the Indian Armed exploitation. Each year 20,000-25,000 and have-nots and the dream of
inclusive growth cannot be achieved.
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CMA eMag
Tourism
Concept of Community
Prof. N.K. Sharma,
Based Tourism
ITFT College, Chandigarh
Tourism is becoming one of the most b i g g est d e te r re n t to t o u r i s m Through the planning process, the
important social and economic development is lack of appreciation community chose to design the
activities of today's world. The and enthusiasm from civic and tourism model that would initially be
number of domestic and international business leaders. When tourism is not for a modest numbers of visitors. This
travellers is steadily increasing and understood and its benefits remain level of development would position
many countries in the world are unclear, proper planning and tourism as a seasonal activity not
seeking to develop tourism for their implementation of measures to disruptive to the existing agricultural
varied benefits. Tourism helps a improve the industry are often poorly activity of the community.
community become more attractive attempted. Klong Khwang has been recognized by
and prosperous more attractive, The approach to tourism by a the APEC (Asia Pacific Economic
b e c au s e c o mm u n i t y m u st b e community should be that the Cooperation) as a good example of
appealing to draw and satisfy visitors, development and involvement is for community-based tourism in the Asia-
more prosperous, because these the community rather than just in the Pacific Region.
visitors spend money. community. It is high time that tourism mandarins
The Economic Effect Example of Klong Khwang in the northern Indian states prepare
Dr Maynard Keynes, the English Here, we consider the example of plans, which focus on tourism and
economist (1883-1946) was the first to Klong Khwang, a small village with 100 tourists in a community and consider
expound on the “multiplier” and households in the Nakorn Ratchasima the fundamental questions of the
“rippling” effect of additional inputs of province of Thailand where tourism costs of tourism to the community and
money into a community. This development is being actively how the community will capture
phenomenon also occurs with tourist planned, developed and managed potential benefits in this regard. The
spending. The higher the multiplier, with a strong emphasis on community local bodies such as municipal
the more beneficial is the economic involvement. Three main attractions corporations, panchayats, NGO's ex-
effect on the community. Tourism as in Klong Khwang are a reclining servicemen associations, women
compared to manufacturing and other Buddha, the Stone Wheel of Thamma bodies and others should help and
industries has a higher multiplier and an archaeological site. participate in being a part of the
effect both in terms of income Klong Khwang community was
g e n e ra t i o n a n d e m p l o y m e n t provided with technical assistance and
generation. support but encouraged to express
Sharing similar views, Union Tourism their ideas on what kind of tourism
Minister, Selja, says that “Tourism activities they wanted in the future,
should be all inclusive and bring in why they wanted tourism and how
visible changes in the livelihood of many tourists they would be able to
local community which should also accommodate in their community.
elevate their economic status. The community would also be taking
Stakeholders should explore all into account the principles of
possible ways for poverty alleviation sustainability with cultural
through tourism” preservation and environmental
Benefit from tourism doesn't just protection. The village headmen, a tourism industry in community.
happen. Investment of talent, time, women's group and a village Similar efforts with schools can be
c a p ita l a n d o p e ra ti n g f u n d s , community were encouraged to useful, particularly in forming good
community spirit and determination define tourism products and the attitude among the youth. They
are required to make tourism a direction of tourism development for should also take the help of the print
significant part of the community's their village. and electronic media in spreading the
economic life. Probably the single concept of community-based tourism.
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CMA eMag
Economic
Rural Industrialization
Dinesh K Kapila
and its Attendant Issues
Assistant General Manager in NABARD
Tags : Rural, Agriculture, Agro Bussiness, Farm Sector, China, Economic Success
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CMA eMag
Economic
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CMA eMag
Motivational
Is “Affordable housing”
R. RAJAN
somewhat misleading?
Strategist & Facilitator
The current trend in the real estate Times are just an indication of such
market is one of optimism and optimism. On the economic and
upswing. As much as I hate to put a corporate fronts, organizations have
dampener on this mood of joy, I feel started hiring thus signaling an end to
that someone has to look at the the gloom of recession.
picture from a more realistic These factors, collectively, boost the
standpoint. morale of the property buyer and give
How it is that real estate is improving him newfound hope in the real estate
but the developers responsible for the market. Unfortunately, when he does
market are not? For starters, there are go to buy that apartment or invest in
many things to cheer about in the real the real estate market, he returns
estate market. Buyers can take disappointed. Why? Here are the
advantage of a slight reduction in reasons.
prices of built-up projects and Dream Apartments
established developers are launching One just looks at the sale promotions. may not be so for another? Moreover,
new projects targeting the middle- These are mainly offers that are of the affordable tag often does not
class buyer. Infrastructure, too, is little or no use to the middle-class end include additional and hidden costs
improving in far-flung areas and user. After all, does a buyer really want that make it difficult for a buyer with a
previously neglected regions. a car with the flat? budget of Rs. 20-25 lacs to buy an
Gurgaon is the biggest example of this Secondly, there are umpteen numbers apartment.
infrastructural development. of projects by builders that are Factors such as these make it difficult
The media, too, is casting a favorable hanging in the air with no clarity on for the average, middle-class buyer to
light on the real estate sector. These their completion. People have lost realize his dream of buying an
news reports in the Indian Brand faith in investing their hard-earned apartment. The real estate market
Equity Foundation and The Economic money in projects that have a may surely be maturing and improving
completion timeline of two to three but I really can't say the same for many
years. developers. They really need to start
The overall reputation of so-called looking at the average Indian buyer
reputed builders has also been hit with renewed respect and go that
dramatically by last year's recession. extra mile to earn his trust and loyalty
Builders and developers have not once more. Offer prices and projects
been able to live up to their that are realistic. Commit and deliver.
commitments to the customer, Clarify affordability. Avoid hidden
thereby eroding their name and costs. These are just a few. Am sure
reputation considerably. you, the consumer, can come up with
Moreover, the recent launch of many more.
“affordable housing” by several
developers is somewhat misleading.
After all, what is “affordable” for one
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CMA eMag
Business
Managing People
Dr. Gulshan Sharma
for the Businesses
Ph.D (Service Industry) ACTE (WTO) Spain, WT (USA)
Secretary General- IPCSI
Director ITFT College-Chandigarh
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CMA eMag
Learning
Why learn
Col. D S Cheema, Management Skills?
Vice President (HR), FTP
Everyone in the world thinks that would die. Managers infuse life in It is common observation that
studying management is a wise organizations. Managers are very whenever any organization fails, be it
investment of time and energy. Let us important and valuable resources the falling of a government or poor
know how management makes any because organizations with effective financial results of a corporate house,
one, working in any field of activity, a managers are likely to be more it is the managers who are blamed for
better professional and perhaps, a successful as compared to those who the failure. Good organizations are
better human being. It is in our have poor or ineffective managers. known because of their management.
interest that we possess fundamental Managers, i.e. good and effective People often have more faith in a
knowledge of essential skills of the managers are also crucial from company which has men of caliber and
vast field of management. Why is it national point of views. If we think of reputation as effective managers. We
necessary for every one to acquire India as a huge organizations (any often hear statements like' “Tatas will
certain management skills? country may be thought of as a big never fail you” or “Go for this mutual
The very existence of organizations, open system part of the only closed fund, its fund manager is very good”.
demands their 'management' i.e there system a universe, and a Prime Because managers have such major
have to be people who run these Minister as the CEO who runs the influence on organizational success,
organizations. When we think of a country) the individual who occupies they are much in demand. They are
college, we think of a Principal and his the PM's position becomes a manager. also paid well because of their ability
staff, when we talk of a business entity, Imagine the state of the nation with an to manage. The pay packages of CEOs,
we want to know about its CEO or MD. ineffective Prime Minister. There are presidents and vice-presidents,
Whether we are discussing a state or many classic examples of failure of general- managers etc. are much
central government, administration of nations which can be directly higher than those of many doctors,
services provided by a private builder, attributed to the lack of vision and engineers etc who do not have
profitability of a business house or skills of heads of states, ministries, management background and may
public distribution system for people corporation etc. Need for not be seen as good managers. The
below poverty line, our attention achievement among managers and average salary of a manager with
usually centers on those individuals entrepreneurs is crucial to any required skills is generally much
who run these organizations, in other nation's economic development. higher than other employees in any
words, the managers and Hence, the skills and motivation (and organization.
organizations go together hand in hence performance) are directly tied Acquiring Management Skills
hand, we can't have one without the to the economic growth and overall It is hoped that you agree with the
other. development. It is of particular above reasons and arguments that
Valuable Human Resources significance to a secular, sovereign managers and management are
We have seen if organizations are not democratic nation like our. important. If that be so, your next
managed, they would not live, they Effective Managers are in Demand obvious questions would be' “How to
16
CMA eMag
Learning
CMA being awarded by the Chandigarh Tourism Club Dr. Gulshan Sharma, Secretary General Chandigarh Tourism
Club, V.President, Chandigarh Management Association
on the occasion of welcoming the Cine Stars from and Director ITFT College carried the event commendably
Bollywwod on their complation of the film shooting with his flawless elocution, wits and narrations of
personalities and won appreciations from one and all on the
“The Lion of Punjab” held in and around Chandigarh. Chandigarh Tourism Club event held at Kalagram. Present
Seen in theb picture are Mr. Charanjit Singh,Past
t on the occasion were Mr. Guddu Dhanoa, Film Director, and
actors; Pooja Tandon, Dilijit Singh, Vivek Shauk, Deep
President, Mr. A.K.Gandhi, Chairman (Membership Dhillon, of the film “The Lion of Punjab”. Dr. Mamta Joshi, a
Development) and Mr. J.N.Vohra, Secretary General of Sufi Singer from Chandigarh kept the audience spell bound
with her Gazals, Quwalis and Sufiana Kalams. Sh. M.P.Singh,
CMA. IAS, Secretary to the Governor of Punjab was the chief guest
and Sh D.K.Tiwari, Director CITCO and Senior Patron,
Chandigarh Tourism Club was the Guest of Honour.
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CMA eMag
Research
Tags : Modern Managers, Shakespeare, Credit Default, Enron, Toyota, Satyam, uS Economy
Default Swaps”, he spread his risks far thrown out of the window.
and wide. He scaled himself up rapidly The fall
to become “Too big to fail”. He became In “How the Mighty Fall”, Jim Collins
the “rain-maker” and the “game- w r i t es , “ Ev e r y i n s t i t u t i o n i s
changer”. A halo of excessive pride vulnerable, no matter how great. No
and hubris surrounded him and he matter how much you've achieved, no
eventually became invincible. matter how far you've gone, no
But, alas, that was not to be! It was matter how much power you've
really heart rending to see Mr. Akio garnered, you are vulnerable to
Toyoda, the proud, 53 years old CEO of decline…….. Anyone can fall and most
Prof. Raman Toyota- the company synonymous eventually do”. Decline sets in like an
Business school, IBS Chandigarh
with the “Quality” testifying in front of insidious disease, “harder to detect
William Shakespeare, the great US Congressional Committee, with but easier to cure in the early stages,
Elizabethan dramatist, wrote that it bowed head losing his face. The easier to detect but harder to cure in
was the “tragic flaws” of hubris, greed, Committee is investigating into the the later stages.”
lust and unbridled ambition in the c o m p l a i nt s a b o u t t h e fa u l t y The last decade began with the
human nature that bring the downfall accelerators, floor mats and breaking collapse of revolutionary trail blazers
of the powerful and the mighty in this systems in Toyota vehicles. The like Enron into bankruptcy. Its
world and, the forces of “fate” and company has recalled eight million disgraceful and scandalous fall was led
“chance” hasten that fall. vehicles in the recent past. The by none other than its own founder
But, the modern manager dismissed company had lost its way and sense of Kenneth Lay, the blue eyed Kenney
that with the sleight of his hand. For priorities in its rapid rise to the top. He Boy- of the US President Bush. The
him, the greed was good. Ambition said, “I fear the pace at which we have company acquired the financial power
drove him. And, hubris intoxicated grown may have been too quick.” “We
him. He learnt to outwit and defy fate pursued growth over the speed at
with his ingenuity and skill. which we were able to develop our
Rising from “Rags to Riches” on the people and organizations, and we
shoulders of Free Market in the should sincerely be mindful of that.”
corporate theatre of the absurd, he Toyota raised its capacity to 10 million
projected a façade of an innocent, units during the last decade
honest, hardworking, kind-hearted overtaking General Motors as the
and generous man while hiding his World's largest car maker.
incompetence, if any. “Hubris from success” that the
The Rise company that could do anything and
Weaving innovative complexity in “undisciplined pursuit of more” in the
“a c c o u nt i n g p ro c ed u res ” a n d words of Jim Collins, took the toll at
designing derivatives like “Credit Toyota and the core values were
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CMA eMag
Research
surreptitiously through “Accounting economy in early 2008 bringing it to protection. There are no headwinds-
manipulations” and “Deceit”. Mr. Lay the brink of a precipitous fall. Three of the recession is over. As advised by the
remained the corporate cheerleader, the five mighty and the powerful gold latest February issue of Harvard
assuring employees and investors that standard Investment Banks fell like a Business Review, he will regain his
everything was fine dousing the pack of cards. If in March 2008, the 85 resilience by adopting “Repose-
smoke of suspicion whenever it years old bank Bear Stearns fell, in Oriented Thinking” What features of
bellowed out of the company. When September 2008, the 158 years old the situation can he potentially
“Denial of Risk and Peril” becomes the Lehman Brothers filed for bankruptcy improve”- What sort of positive
part of day-to-day operations, the and 84 years old Merrill Lynch put it impact can he personally have on
company dies. So Enron died. itself on the block. US Treasury what happens next”- “How can he
Back home, baby faced Ramalinga rescued AIG, Fannie Mae and Freddie contain the negatives of the situation
Raju, former Chairman of Satyam, led Mac in the biggest bailout known in and generate currently unseen
Satyam to similar fate following the history of mankind. positives”- “What can he do to begin
similar modus operandi. Shakespeare was vindicated. addressing the problem now? - while
As Enron was dying, the modern The Re-Rise providing the corporate governance.
managers/bankers were busy building But, then the modern manager was And while flying high' if any one of
up “housing bubble” on the back of not to be outdone. He is rising again, them falls, he shall remember the
“irrational exuberance” with the dusting off the mud, to be the “knight poem of John Donne, “Send not to
underpinning of Shakespearean tragic in the shining armour”. This time know for whom the bell tolls, It tolls
flaws unmindful of the pains of Enron. ethics and values give him the wings. for thee.”
The fate waited in the wings to strike. The International Finance Reporting
And it struck at the very root of US Standards provide him with the divine
Amritsar Management Association (AMA) was launched on 28th February at Hotel Mohan International in the holy
city of Amritsar. The meeting was short, crisp and meaningful. Members were enthusiastic and were looking
forward for some good events being planned by the association
Chandigarh Management Association had assisted the AMA to formulate its constitution to enable them register with
the Registrar of the Societies. Dr. Gulshan harma, Vice President CMA and Mr. J.N.Vohra, General Secretary CMA were
present on the occasion and addressed the pioneered members of AMA and explained them the finer points of
operations of the associations for smooth functioning. Members clarified many questions in their mind about the
operation of the association.
Present on the occasion were, Mr. Ashok Sethi, prominent journalists and a businessman, Mr. C.L.Maheshawari, Dy.
General Manager, OCM, Mr. Gurjeet S. Sekhon, Diretor, NIIT, Amritsar Center, Dr. Rakesh Joshi, Chairman, Swami
Satyanand College of Management and Technology, Prof. Dr. Suresh Seth, Principal, SSCMT, CA. Sanjeev Gupta and CA.
Sanjeev Sud of Sud Gupta Associates and some more.
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CMA eMag
Motivational
alter their lives by altering their down the goal, the plan and a timeline
attitudes of mind." What will your sets events in motion that may not
achievement feel like? How will your have happened otherwise. In our life,
life unfold differently as a result? If the it is as if we are making a deeper
goal is a thing, some gurus of goal commitment to goal accomplishment.
setting recommend that you keep a We can't fool ourselves later. The
picture of the item where you see and written objective really was the goal.
are reminded of it every day. If you Establish times for checking your
can't picture yourself achieving the progress in your calendar system,
“It is in my mind & heart. I can see it.. whatever it is: a day planner, a PDA, a
goal, chances are you won't.
Nothing can stop me as I determined Make a plan for the path you need to PDA phone or a hand written list. If
to attain it. I shall not stop till I follow to accomplish the goal: Create you're not making progress or feel
achieve it” action steps to follow. Identify a stymied, don't let your optimism keep
Without goals we are like a rudderless
critical path. The critical path defines you from accomplishing your goals.
ship in the middle of a sea, just drifting
the key accomplishments along the No matter how positively you are
away with no sense of direction. It just
way, the most important steps that thinking, you need to assess your lack
goes with the waves and if it ever gets
must happen for the goal to become a of progress. Take a look at all of the
anywhere it is just by mere accident.
reality. Stephen Covey said, "All things factors that are keeping you from
Don't let your goals and resolutions
are created twice. There's a mental or accomplishing your goal and develop a
fa l l b y t h e way s i d e . T h e s i x
first creation, and a physical or second plan to overcome them. Add these
conspicuous steps to achieve goals in
creation of all things. You have to make plan steps to your calendar system as
life are:
sure that the blueprint, the first part of your goal achievement plan.
You need to deeply desire the goal or
creation, is really what you want, that Review your overall progress
resolution: According to Napoleon
you've thought everything through. regularly: Make sure you are making
"The starting point of all achievement
Then you put it into bricks and mortar. progress. If you are not making
is desire. Keep this constantly in mind.
Each day you go to the construction progress, hire a coach, tap into the
Weak desires bring weak results, just as
shed and pull out the blueprint to get support of loved ones, analyze why
a small amount of fire produces a small
marching orders for the day. You begin the goal is not being met. Don't allow
amount of heat." So, the first step in
with the end in mind." the goal to just fade away.
goal setting and achieving dreams is This six step goal setting and achieving
Commit to achieve the goal by writing
that you've got to really, really want to system seems simple, but it is the most
down the goal: "The discipline of
achieve the goal. powerful system you will ever find for
writing something down is the first
Visualize yourself achieving the goal:
step toward making it happen." Write achieving your goals and living your
"The greatest discovery of any
down the plan, the action steps and resolutions. You just need to do it. Best
generation is that human beings can
the critical path. Somehow, writing wishes and good luck.
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CMA eMag
Case Study
The Magic of
Alakshita Pasricha Aloe Vera
Student P.G.Diploma,
Regional Institute of Co-operative Management
Aloe Vera is a well known healing herb Ashvaganda, Stivia etc and in another
being used in various medicines and one acre he planted Aloe Vera.
widely used in different varieties of Later on Kisan Dharamveer invented a
cosmetics . These facts are the known machine known as Multipurpose
facts. However, Aloe Vera can make a Unit. Its multi -purpose utility is
rickshaw puller till a few years ago , an proved by the fact that it is used as
exporter , is something not very grinder, boiler, cooker, mixer etc. From
commonly known. this machine one gets extracts of
Rickshaw Puller turned Farmer vegetables, fruits and medicinal
Shri Dharamveer was a rickshaw puller plants. It acts as a grinder and is
till some years ago in Old Delhi area of capable to grind many spices.
Fatehpuri and Chandni Chowk, though With this machine itself Dharamveer is
he belonged to a farmer's family . He producing Aloe Vera gel, Aloe Vera by him, are supplied in Indian cities,
returned back to village and rejoined juice etc on a very large scale. like Delhi, Muradabad, Kankhal
the farming. He was keen watcher of The Innovator (Haridwar). Some of the beauty salons
herbal plants and Aloe Vera attracted As told by Dharamveer, the cost of this from various cities make direct
machine is Rs. 1.,35 Lakh and is made purchases from him.
in Jagadhri, a small town in Haryana There is continuous flow of visitors to
(India). Due to its versatile nature, it his place in Damla village (District
has been bought by Rajasthan and Yamunanagar, Haryana.) and with a
Haryana Governments. This, now- open heart not only he welcomes
famous machine is not confined to our everybody also shares all his activities
country's geography as he has with everyone. Even her daughter
exported one unit to Kenya also and is Pooja is fully involved with her father
expecting more orders from other and is simultaneously pursuing her
countries also. Although this machine M.B.A. studies.
is multipurpose he is concentrating on Aloe Vera has proved a God sent plant
Aloe Vera gel and Aloe Vera juice of prosperity at least for Dharamveer
preparation. Along with this he also 's family.
him. He fell in love with Aloe Vera. prepares amla juice, dry amla powder Shri DHARAMVEER is a very optimistic
From a small farmer of Aloe Vera, now etc and also cultivates medicinal that Aloe Vera has high potential as it
he has become a prosperous plants like ashwaganda, stivia, requires a little care, perennial plant
entrepreneur while continuing to be a asparagus. He said that this Multi with less water requirement,
farmer also. He has won many awards Purpose Machine has been patented moderate inputs and long shelf life. All
a n d re p o r t ed l y h e h a s b e e n by him. parts of this plant are used in one way
recommended for President's Award. The unique feature of this machine is or the other especially in restoration
Dharamveer started with Aloe Vera that the stony core of amla comes out of human health. According to him its
farming some years ago with a total as a whole and these stones can be potential has been uncovered and in
land of 2 acres. In one acre he converted into synthetic coal which is future it is bound to be on really big
cultivated various medicinal herbs like further used in mehendi. scale
The products of Dharamveer, as told
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CMA eMag
Research
22
CMA eMag
Research
Awarded
CMAeMag Released
First Issue of CMAeMag was released on the Foundation Day by the
Chief Guest Sh. Hardip Singh Malik. Other in the pictures are Col
Karamjeet Singh, President CMA and Mr. Karan Singh Thakral,
Industrialist from Singapore.
24
CMA eMag
Events 2010
All India Management Association Sahayta Samiti (known for its ‘Jaipur Former Chief Mentor CII, and Mr.
(AIMA), celebrated its 54th Foot’ innovation), Jaipur received the O.P.Bhatt, Chairman, SBI.
Foundation Day and the Management Public Service Excellence Award. The main emphasis of all speakers,
Day in Hotel Le Meridian, New Delhi Ms Sayantani Kar and Ms Byravee Iyer other than Mr. Andrew Harrison, was
on February 22, 2010. Mr. P received the AIMA – Dr. Ram Tarneja on ensuring that the development
Chidambaram, the Hon’ble Union Award for best Article in Indian fruits must reach to the poorest, if we
Minister of Home was the Chief Guest. Management. AIMA – Dr. J S Juneja want to build India of our dreams. The
The Foundation Day was limited to Award for Creativity & Innovation for development of MSMS Industries is
conferring of AIMA Excellence Small & Medium Enterprises was important for employment
Awards. delivered to Transasia Bio-Medical Ltd. generation, development of skills for
CMA was represented by Dr. Niraj Earlier, Mr. Sanjiv Goenka, President, making youth employable, and
Pasricha, Mr. A.K.Gandhi and Mr. AIMA gave his welcome speech and making corporate accountable
J.N.Vohra. About 400 delegates said that, AIMA awards are in towards social issues such as women
attended the event, including large r e c o g n i t i o n o f e xc e l l e n c e i n empowerment and global warming,
number of students. management. besides giving greater responsibilities
Mr. R C Bhargava. Chairman, Maruti AIMA’s Management Day to younger generation for building
Suzuki India was awarded the Life After the tea break, the Management India of dreams.
T ime Achievement Award for Day started. The theme for the day Mr. Andrew Harrison, Chief Operating
excellence in Management. The AIMA was ‘Managing India: Turning a Dream Officer made a powerful presentation
– JRD Tata Corporate Leadership into Reality.' on future development of Delhi
Award was given to Mr. O P Bhatt, The main speakers for Management International Airport. The Airport is
Chairman, State Bank of India and Mr. Day included, Mr. T.K.A.Nair, Principal being developed by a joint venture
M Damodaran, Former Chairman, Secretary to Prime Minister, Mr. Arun consortium of GMR Group, Airports
Securities Exchange Board of India Maira, Member Planning Authority of India and Fraport &
(SEBI). Commission, Mr. Andrew Harrison, Eraman Malaysia
Mr. D R Mehta, Founder and Chief Chief Operating Officer of Delhi
Patron, Bhagwan Mahavir Viklang International Airport, Mr. Tarun Das,
25
Edited by : JN Vohra, Secretary General, CMA
Plot No. 5, C/o Bhartiya Vidya Bhavan, Sector 27, Chandigarh
Mobile : 9814556072
E-mail : cma.chd@gmail.com