What software that can change the whole words of the article?

Answer 1

RIKSHAW BANK

Ques. 1 What are the organizational challenges that Dr Sarmah is likely to face if he goes ahead with his thoughts?

Ans.1 the organiztional challenges that dr.sarmah is likely to face if he goes ahead with his thoughts are:

I. Lack of coordination

II. Fund problem

III. Management or human capital ( a new set of advisors, responsive systems and processes)

IV. Technology problem

V. Cost

VI. Culture issues

VII. Awareness

VIII. Research & development

IX. Support of ngos, govt., entrepreneur etc.

X. Improve the livelihood of rickshaw pullers and family.

Case: Naukri.com How would the RESDEX service change the nature of recruitment?

 Resdex is not only the largest but also the fastest growing database of jobseekers.

 Profiles registered are spread across industries, functions and experience levels.

 Candidates can be contacted real time either through E-mail or SMS.

 The database has candidates from various locations including international locations as well.

 Resdex is Naukri.com's Resume Database Access. Naukri.com has acquired a largest single database of over 2.5 million jobseekers across industries, functions, locations and experience levels.

 With a Resdex subscription the employer not only get access to the database but also easy to use search tools that help in searching for the right candidate with utmost convenience.

 Resdex subscription also allows employers to perform actions such as shortlist, reject, and download resumes.

 Resdex helps the employer reach the people who are registered with Naukri.com and help him to save his searches and do the initial screening.

 internet users are increasing day by day. Approximately, 7.5 million urban Indians are using the net, so the Resdex feature has a huge potential.

 It helps in better navigation and provides improved features with a view to optimize the time spent online.

 The Resdex services are cheaper. Online advertising is 80 per cent cheaper (print advertising costs Rs. 25,000 to Rs. 0.1 million as against Rs. 1,500 for online advertising).

 Online advertising takes less time for processing as compared to print. The recruitment cycle of candidates has been reduced from 90 days to 28 days in US.

 Online advertising has around 60 per cent conversion of advertisements to jobs offered.

2) How should Naukri.com deal with the competition after the acquisition of Jobsahead by Monstor, especially since the combined entity had a market share (of resumes and jobs) close to that of Naukri.com?

 naukri.com needs to reduce resource use in client acquisition as it moves forward and cut down on the client acquisition cost.

 It needs to acquire clients who will transact with the firm on a longer-term basis.

 It also needs more clients who use naukri.com's higher priced products such as the 'top employer' and the 'best places to work.'

 In order to develop high value clients, naukri.com needs to follow a key account strategy.

 This strategy will require the dedication of welltrained, sufficiently senior level sales persons to major clients.

 The key account executives or managers would be responsible for all client acquisition and servicing activities and would need to be supported within naukri.com by a cross-functional, cross-geography team.

 Increasing the site traffic by gaining mindshare. That is, the company should ensure that the naukri.com site has a high recall and is considered first for recruitment advertising.

 Increase resume data base (RESDEX) services contribution to total revenues from 40 per cent to 80 per cent.

 There are other avenues which the company could explore for increasing the traffic and market share such as:

• organizing job fairs in different metros

• Voice-assisted sales and registration over the phone.

• expanding to other Asian markets.

 it is suggested that naukri.com should start looking for a strategic alliance with a business house/company that can supplement naukri.com's operations financially.

 The need of the hour for naukri.com is to expand, advertise, and also increase its salesforce to capture the market that are either emerging or are left out.

Sula Vineyard

Q1. Can a person with no formal authority or expertise be a leader? Explain different levels at which leadership was exercised & challenges faced by Mr Samant in Sula Vineyards?

The formal authority of a manager can only force others to provide a minimal level of performance or compliance. Leadership, as opposed to management, can help people achieve great things.

1. Rapport. Build rapport with others before trying to lead a specific project; get to know colleagues personally as well as find out about their personal interests and family; demonstrate that you care about your colleagues.

2. Passion. Demonstrate your own enthusiasm and passion for the challenge or project.

3. Positive Opportunities. Help the work group focus on the positive opportunities posed by the problem or issue, instead of emphasizing all the obstacles.

4. Quiet Expertise. Lead with quiet expertise, whatever your expertise or knowledge entails.

5. Resources. Offer any resources that you may have (e.g., your contacts, computer or writing skills, facilitation skills for a community meeting) to help your team members, not only on the team project but for any other effort in which they may be involved

6. Listen. Ask questions and be inquisitive of the perspectives of others; listen and then listen some more; help integrate the views and interests of other team members into the goals and strategies of the team; emphasize win/win opportunities; don't become overly invested in specific outcomes (leadership is a journey for which the end-point is often uncertain).

7. Trust. Trust other team members and they will tend to reciprocate that trust.

8. Accountability. Hold yourself accountable for the work of the team; meet your obligations and others will tend to do so as well.

9. Serious Fun. Make meetings "serious fun;" for example, bring bagels or cookies to a meeting or plan an offsite session at a downtown café.

10. Celebration. Help the group celebrate milestones along the way, thus building momentum, confidence, and group capacity. You must reflect on your leadership experience. It is also helpful to ask a trusted colleague, mentor or coach to assist you in critiquing your leadership efforts. Learning anything, including leadership skills, requires self-awareness and critique.

Challenges faced by Mr Samant in Sula Vineyards:

 Securing new funds at a reasonable cost

 Little knowledge of wine grape growing or the production of wine

 The peculiarities of the climate were a major challenge.

 Irrigation of the fields

 The world the best wines were usually made from grapes grown at higher latitudes, at least 35 degrees from the equator. The Nashik region was situated just 20 degrees north, So grapes were grown in the winter months, after the monsoon season ended.

 Adequate drainage problem during the monsoon season

 Hidden cost of doing business in a country where baksheesh (bribery) was practiced.

 Challenges in obtaining licensing and planning permission.

Q2. Should Rajeev Samant lower his growth targets and consequently decrease funding requirement, or should he go along with his instincts of high growth?

Ans:

He should go along with his instincts of high growth. Because of :

 The Indian government planned to showcase 'Wines of India‛ across the globe.

 The Agricultural and Processed Food Products Export Development Authority (APEDA) was developing a strategy and a campaign to support these initiatives.

 Exports were also going to France, Italy, Germany, the U.K. and Singapore, primary from production in Maharashtra.

 APEDA's country wine promotion strategies included easing trade barriers and developing an awareness of Indian wine.

 Changing life styles of the middle class in India, frequent travel abroad.

 The growth of women in the labor force, growing per capita income.

 International research on the health benefits of wine, consumed in moderation.

 Awareness of wine as a beverage of choice, especially table wine with meals, as well as the growing supply of domestic premium reds and whites, were contributing to the rapid acceptance and consumption.

 The state government declared winemaking a food processing industry, thus exempting it from excise duties as well as slashing sales taxes.

 Production costs of imported items (glass bottles, corks, yeast, etc) were reduced along with the wholesale and retail prices of wine. Growth of quantity demanded accelerated, along with the other factors contributing to growing domestic consumption.

JACK WELCH-GE

Ques .3 Why did it seem necessary to develop Work Out? On what assumptions about GE is it based?

Ans.3 it seems necessary to develop workout because:

I. To make the employees ready to take decisive and immediate action.

II. To focus on being productive, not being busy.

III. To make logical, informed decisions.

IV. To avoid the trap of trying to make things perfect.

V. To work outside of their comfort zone.

VI. To keep things simple.

VII. To focus on making small, continous improvements.

VIII. To measure and track their progress.

IX. To maintain a positive outlook as they learn from their mistakes.

X. To spent time with right people.

It is based on :

I. To redefine the relationship between boss and subordinate.

II. To expose the leaders to the vibrations of their business-opinions, feelings, emotions, resentments, not abstract theories of organization and mangement.

III. To get rid of thousands of bad habit habits accumulated since the creation of General Electric.

IV. To put the leaders of each business in front of 100 or more, eight to ten times a year so that they can listen to what people think about the company, what they like and don't like about their work, about how they are evaluated, about how they spend their time