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Kshatriya, Anil
- Culture & Ethics
Abstract Views :219 |
PDF Views:76
Authors
Affiliations
1 SIBM Pune, IN
1 SIBM Pune, IN
Source
SAMVAD: International Journal of Management, Vol 1 (2010), Pagination: 5-6Abstract
No Abstract.Full Text
- Competition Driven Team Building
Abstract Views :167 |
PDF Views:75
Authors
Affiliations
1 SIBM Pune, IN
1 SIBM Pune, IN
Source
SAMVAD: International Journal of Management, Vol 2 (2011), Pagination: 43-45Abstract
No Abstract.Full Text
- Growing with the Masses a New Approach to Bottom of the Pyramid
Abstract Views :196 |
PDF Views:89
Authors
Vivek Sane
1,
Anil Kshatriya
1
Affiliations
1 SIBM, Pune, IN
1 SIBM, Pune, IN
Source
SAMVAD: International Journal of Management, Vol 3 (2011), Pagination: 7-12Abstract
In 2006, C. K Prahalad propelled a radical thought through his book The Fortune at the Bottom of the Pyramid. The book propounded a theory that conceptualized a model for eradicating poverty through profits. It proposed and exemplified ideas which proved that value can be cocreated by large companies by keeping in mind the constraints and needs of poor population which occupies the largest portion of any market. In this conceptual paper authors are proposing to add four new dimensions to the seminal model of Bottom of the Pyramid (BOP) with an attempt to expand application of original concept in the emerging markets like India. These perspective dimensions have been supported with several examples of products and services that are offered in Indian markets by large companies who have successfully converted the challenges of low income groups into opportunity. Through such opportunities these companies have not only improved their bottom line but have also provided the BOP masses with immense potential to live a better life. They have made a difference to the lives of millions of poor who are looked upon as source of growth and not as burden.Keywords
Bottom of the Pyramid (BOP) Markets, Emerging Markets, Services, Innovation and Growth.Full Text
- Role of Effective Cost Management in the Global Economy
Abstract Views :198 |
PDF Views:99
Authors
Affiliations
1 SIBM Pune, IN
1 SIBM Pune, IN
Source
SAMVAD: International Journal of Management, Vol 6, No 1 (2013), Pagination: 41-49Abstract
Interdependence of Global Economy has posed several challenges. One of them is an acute and urgent challenge of Cost Management. Time has come when countries, and particularly developing countries, have shifted their focus from 'price' to 'cost'. We have several examples. China is a cost competitive nation. Korea is also is an excellent example of cost competitiveness. For India there is a need to become aware of this trend and take immediate steps to overcome this phenomenon. One of the reasons identified and discussed in this exploratory study is the use of traditional costing system in India. This has lead to erroneous decisions my several large and small companies that are trying to make their mark in the global landscape. This paper further discusses the role of effective cost management through the use of modern costing approaches like 'Value Chain Analysis' and 'Activity Based Costing'.These approaches have been adopted my large companies all across the globe but there remains a substantial gap in their use with companies in India. This paper brings-out their contribution in making strategic decisions and their effective implementation. This is a concept review paper which can be further extended to empirical data analysis based on information collected from manufacturing and service based companies in India.Keywords
Cost Management, Activity Based Costing, Decision Making and Strategy.Full Text