Monday, August 25, 2008

Show me the way...

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Philip Morris GPI shows how important is training for a growing company and how coaching as a leadership style helps it to become more productive…

For some, it’s simply a style statement, for others it has become a necessity, yet there are people who simply detest the sight of it. That’s the indisputable saga of tobacco, the world over. Surprisingly, though India is the second largest producer of tobacco in the world (trailing behind China only), it holds a skimpy 0.7% share of the $30 billion global trade in tobacco, with cigarettes accounting for 85% of the country’s total tobacco exports. If one throws some light at the Indian production pattern; of the total tobacco produced, about 48% is in the form of chewing tobacco, 38% as beedis, and only 14% as cigarettes. However, the scenario is entirely different in the rest of the world, where production of cigarettes is 90% of total production of tobacco related products. Undoubtedly, these figures exhibit that India has a huge potential to grow globally, and let the world puff. Currently, two major cigarette players dominate the Indian market. Leading the pack is ITC, with a mind boggling 72% market share. Godfrey Phillips India (GPI) with a miniscule 12% market share lags far behind ITC. But what gives GPI an edge over the other companies in the same industry is its backbone in the form of its stakeholders – the K. K. Modi Group and Philip Morris International. GPI has an annual turnover of over $265 million and boasts of popular brands like Red and White, Four Square, Jaisalmer, Cavanders, Tipper & Prince. GPI believes that sheer determination & passion of every employee, is what is helping them to grow from strength to strength. Arun Kumar, Executive Vice President, GPI told B&E in an exclusive conversation, “We are planning to further expand our product portfolio and enter into many allied business which would steer further growth at GPI.” When a company is planning to grow and set up new divisions, then one of the major challenges for them becomes – ‘Recruiting the right people’. However, GPI firmly believes in grooming personnel from within.


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY

For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...