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Chlorophyll Greater Than God-My Mother: Volume - II Issue - 02 Fe Bruary2011
Chlorophyll Greater Than God-My Mother: Volume - II Issue - 02 Fe Bruary2011
Chlorophyll Greater Than God-My Mother: Volume - II Issue - 02 Fe Bruary2011
Chlorophyll
Greater than God-
My Mother
Focus
From Editor’s Desk
Dear Readers,
This month we bring you yet another informative as well as a
creative edition of Domination.
DoMS has been a host to a lot of activities in the month gone
by. From guest lectures to knowledge sharing sessions, it has been a
month of learning to learn. We had with us various speakers from
the industry to talk about diverse yet inter-related subjects like CSR,
HR practices etc and their words of wisdom have been captured in
the ‘Elite Talks’ section.
“Conscious Capitalism is a term used to describe a business
enterprise that seeks to be aware of the effects of its actions, and to
consciously affect human beings and the environment in a beneficial
way.” The cover article covers more about the recent wave of
conscious capitalism and its effect on the many Indian companies
following the same.
Starbucks is ready to redesign its logo wherein the name has
been dropped from the logo. Starbucks-A new Chapter dwells into
its past and brings forth the rationale behind this step also eliciting
the significance of the new logo.
The case of Dabbawalas best exemplifies supply chain
management, and the article deals with the case of Mumbai
Dabbawalas, and the ingredients into its success story.
The writer brings out a beautiful poem ‘Greater than God’
through the Chlorophyll section.
The centrestage event of DoMS in Cognizance (the annual
technical fest of IIT Roorkee) - “Corpostrat” in collaboration with
THDC, brings a real life problem situation, and the contest invites
entries for the solution to the problem. Discover more about it in
this edition.
Until next time keep discovering and keep learning!
Animesh Agrawal
Editor – “DoMination”
(Department of Management Studies, IIT-Roorkee.)
Table of Contents
1 4
Conscious Capitalism Starbucks- A new Chapter
5
10
The case of Dabbawalas
Elite- Talks
Paresh Kulkarni
DoMS, IIT-Roorkee
7 147
Creative Section Qutopia - 9
Its wise to learn, Its GOD like to create
Harsh Singh 16
DoMS, IIT-Roorkee
Hocus-Focus
- Udit Gupta
DoMS, IIT-Roorkee
Contd..
Confederation of Indian Industry: direct that consumers use less of it than other oils,
employment, improving employability, so in a commodity category, what the Saffola
developing entrepreneurship, and primary brand stands for gets reinforced. The
and secondary education. The philosophy is to company reinforces this belief system --
provide extra inputs to the underprivileged to consume less oil -- in many ways. It has a 9
make them more competitive. am-6 pm phone line, where anyone can talk
Mahindra & Mahindra: Mahindra & Mahindra to a nutrition expert for diet-related queries.
is transforming its tractor-selling outlets by And, no, the expert doesn't plug Saffola. Time
adding a repository of agricultural information and again, through various mediums, it
and advice to farmers. The new name of sensitizes and incentivizes people to know the
these outlets is Samriddhi (or 'prosperity'). state of their heart. In 2009-10, for example,
Farmers can come here to buy tractors. with every pack of Saffola Functional Food, it
Irrespective of whether they own a Mahindra gave away two coupons for a free lipid-profile
tractor, they can come here to solve their test. The Saffola Healthy Heart Foundation,
agricultural problems. Every Samriddhi centre set up by Marico in 1991, holds free heart and
has an agricultural expert and a lab cholesterol check-up camps and walkathons.
technician. Their approach to farmer For heart patients, it holds a cardiac
problems is intensive and scientific. When a rehabilitation workshop, which includes
farmer walks into a Samriddhi centre, the sessions by cardiologists, dieticians and
expert asks him about his problem and physiotherapists; in 2009-10, its first year, and
farming practices. The nature of intervention 14000 heart patients attended these
is varied: for instance, lab tests on the workshops. That many of them prefer Saffola
farmer's land and crop, advice on crop- for cooking shows healthy practices can be
rotation schedules and fertilizers, healthy business too.
demonstration of farming techniques or PepsiCo India: In 2009, PepsiCo India used
different seeds. Advice is free, supplies are 5.17 billion litres of water for its products. The
charged for. It has worked with about 50,000 same year, it saved or put back 6 billion litres -
farmers in the last two-and-a-half years. So far - 830 million litres more than what it
Mahindra has transformed all its 92 dealer consumed -- into the system, according to
outlets, with plans to increase to 125 by figures released by the company and verified
March 2011. by audit firm Deloitte Touche Tohmatsu India.
Marico: It is in the business of cooking oil, yet It was even more important for PepsiCo India
FMCG major Marico spends time and money since they were accused of depleting water
telling people to go easy on it. Its good resources. PepsiCo India has achieved a
business: Marico positions Saffola, its 'positive water-balance' through three steps:
cooking-oil brand, as a healthy oil. It's also a
belief system. Saffola is made in such a way
Contd..
One, the company helped its contract farmers the city's development and maintenance.
change the way they planted paddy. Instead Jamshedpur was built from scratch. Today, the
of flooding the fields, it gave them a direct- focus is on displacement of people for
seeding machine, which could be mounted on projects. Tata Steel, which has captive iron ore
a tractor. This reduced water consumption by and coal mines, has a policy for minimum
30-40%. The direct-seeding programme, displacement. In 1979, it set up Tata Steel
which covered 6,500 acres across five states, Rural Development Society (TSRDS) as a
saved about 4.7 billion litres of water. Two, it subsidiary to address the needs of people
built check dams and recharge ponds around near its plants and mines in Jharkhand and
its plants. It trapped rain water, and diverted Orissa. Funded by Tata Steel, TSRDS promotes
some of it to people around the area for integrated rural development. Its goals
farming or drinking. For instance, in include drinking water, health and hygiene,
Aurangabad, a water-scarce area where it has education, environmental awareness, youth
a plant, it constructed 13 check dams and development and income-generation
recharged over 100 wells. This has created the programmes. For instance, 75% of the
potential to recharge 700 million litres of population in Ganjam district in Orissa
water and benefited 12,000 villagers. Three, depended on agriculture, but they were
all its plants have rain or roof water migrating to cities due to lack of
harvesting, which brings in 133 million litres. water. Ganjam is close to Gopalpur, where
In 2002, PepsiCo India started 'revaluing' Tata Steel faced opposition to its steel project
water as a resource. In 2009, it became the in the nineties. In 2005, TSRDS started
first company in PepsiCo to become water- reviving 29 lift irrigation projects there, which
positive. The Indian arm now plans to extend it completed in 2009-10.
its outreach to its bottling franchisees and Conclusion
supply-chain partners. And the parent plans The old paradigm of maximizing profits and
to replicate this in other water-scarce markets shareholder values as the sole purpose of
like China. business has created negative unintended
Tata Steel: One of the 'articles of association' consequences. Business needs to become
of Tata Steel says: "The Company shall be holistic and integral with deeper more
mindful of its social and moral responsibilities comprehensive purposes. If business
to consumers, employees, shareholders and owners/entrepreneurs begin to view their
the local community." That thought in mind, business as a complex and evolving
Tata Steel built the city of Jamshedpur to interdependent system and manage their
house people working in the company's plant business more consciously while fulfilling
there. All civic amenities in the 103-year-old their highest business purpose, we would
city are managed by Tata Steel's subsidiary begin to see the hostility towards capitalism
Jusco. It spends about Rs 100 crore a year on and business disappear.
Just the other day I was going through the The case of Mumbai Dabbawalas
books I came across a jargon “Supply chain Everybody must have heard a lot about the
Management” and “Mumbai Dabbawalas”. supply chain management systems used by
Let’s explore more about this interesting the Mumbai Dabbawalas and the global
topic. accolades they have received. From
Gartner (2000) defined Supply Chain presentations at Harvard Business School to
Management as the set of processes that the Special visit of Prince Charles, they have
accomplish “the delivery of goods, services received the six-sigma, ISO certification and
and information”. Supply chain management the limelight like never before. These days
has roots in the focus on lean and efficient they speak about the organizational structure,
manufacturing. These lean efficiencies were working style, and delivery systems of their
driven by corporations initiating cost saving organization.
changes to the business process. Supply chain The Need
management is seen as a process-driven Mumbai has a population of 13,830,884 and
approach to streamline the business. the Mumbai Metropolitan Area has a
Supply chain management has at times been population of 21,347,412. Every morning
referred to as “logistics”; however there is a there are over 10 million train commuters and
difference - supply chain management are bus passengers making interminable trips to
those activities, departments, organizations offices mostly located in the South Mumbai.
or firms that network together to deliver a But most of them spend more than 90
product to market. The supply chain typically minutes to reach office. So these people are
includes the functions or organizations of: not able to pick their lunch packed from
planning, supplier management, operations, home, so early in the morning. This is where
logistics and material control. “Dabbawala” comes into
action and picks lunch boxes from various wanted to meet them, they gave him a
houses and deliver 2,00,000 lunch boxes on precise time slot so that the thousand
time & to the respective persons. customers would not have to skip their lunch.
The Secret Pride in their work makes them move about
Mumbai Dabbawala have achieved their mission briskly with a smile, making sure
unprecedented success in the areas of Supply they are never late.
chain logistics, reverse supply chain logistics, Spirituality plays an important role in relieving
time management, customer relationship, the day's stress. They regularly chant songs of
customer & employee satisfaction, and cost praise to the Lord. They truly embody a living
effectiveness. Another important feature is where one looks beyond materialistic
the processing in transit like sorting, coding earnings and serves with commitment for a
done during train travel. Looking at the core cause.
of their business, it is more human intense The Learning
service, majority employee less educated, Supply chain management needs to be
delivery of service dependent on many applied with proper consideration for
external factors like local trains, weather processes, human capital and other external
conditions, etc. In spite of all this, they are factors. Only then it can help to provide cost
successful because of: efficient and reliable delivery of goods &
Honesty and Integrity having strong roots in services, beyond customer’s expectation. This
their culture results in efficient team work. helps organizations to develop unmatched
Discipline and Time Management can be core competency, giving strategic advantage
judged from the fact that when Prince Charles in long run.
8
Department of Management Studies, IIT Roorkee
Greater than god……
my mother
Contd..
To help those in pain, woman who’s so keen,
In you an idol of compassion I’ve seen,
So simple and kind in this world so mean,
All I am is only due to your beautiful hearts sheen,
-- HARSH SINGH
9
Department of Management Studies, IIT Roorkee
10
as a
Management Graduate
--Rohini
Department of Management Studies, IIT Roorkee
13
HR Practices
1. As per schedule, from April 2011, this is the accounting standards that will be
implemented in India and will replace the existing Indian accounting standards. Name
this new accounting standard which is aimed at providing a single set of globally
accepted accounting and reporting system.
2. These are financial instruments used by foreign investors that are not registered with
the Securities and Exchange Board of India (SEBI) to invest in Indian Securities. What
are these derivative instruments better known as?
3. In the recently concluded IPL (Indian Premier League) Auction in January 2011, this
player was the most expensive foreign player and was auctioned for $1.5 million.
Name this stylish right handed batsman?
4. This was the area where George Washington took his oath of office as the first
President of the United States of America (USA) in 1789. In the contemporary world,
this has become the biggest financial hub of the world having headquarters of many
financial institutions including the New York Stock Exchange. What is this place better
known as?
1. In 2010, this country overtook Japan as world’s second-largest economy behind USA in terms of
GDP. Name this Asian giant?
2. In the biggest financial scandal of 2010, this company was sued for fraud by the Securities and
Exchange Commission (SEC) for Insiders trading concerned in a deal known as "Abacus". Name
this company which finally in July 2010, settled with the SEC and had to pay a fine of $550
million.
3. This was the largest IPO (Initial Public offer) in the history of Indian Stock Market. The $3.46
billion deal attracted $52.5 billion of demand and shot up by 40% on its first day of trading.
Name this company that went to the primary market in October 2010.
4. This program was launched in the tribal village, Tembhli in Nanurbar, Maharashtra on 29th
September, 2010 which aims to give a unique identity to all Indians. Name this ambitious
project of the UPA Government which will give a unique 12-digit number to every citizen of
India and could be used in financial inclusion and accessing government programs by the
masses.
5. In a first of its kind corporate event, in April 2010, this company shut down its Chinese
operation in protest for what it termed as an attack on its servers by Chinese hackers which
resulted in the mail accounts of Chinese human rights activists being unethically accessed.
Name this modern day corporate giant which has its slogan as "Don't be evil".
6. This is the crisis which hit Europe in March 2010 following the financial recession of 2008-2009
and threatened to engulf the whole of the Eurozone countries. What is the name of this crisis
which also risks the Euro and the European Union and has recently spread to Ireland?
Department of Management Studies, IIT Roorkee. This is not just another B-Plan Contest that
we are now used to seeing in almost every college event. This aims to get the best out of the
contestants’ both idea wise and also tests their marketing, strategy and decision making skills.
This time Corpostrat in collaboration with THDC has brought a real life problem.
Further details are present on the website www.cognizance.org.
Rohini
Deep Pathak
Sudeep Dakua
Design Team:
Animesh Agrawal
Shruti Goel
Anuj Mody
Contributors:
Paresh Kulkarni
Chetna Yadav
Udit Gupta
Rohini
Harsh Singh
Comments / Feedback Mail to: domination.doms.iitr@gmail.com
Tel: 01332-285014, 285617, Fax: 01332-285565
Do Visit: http://www.iitr.ac.in/departments/DM/pages/Index.html
Department of Management Studies,
Indian Institute of Technology Roorkee,
Roorkee Uttarakhand-247667
Animesh Agrawal:
ani85pdm@iitr.ernet.in, animeshagr@gmail.com, Mobile: 09368090764