MasterCard

Research and publication, IIPM-Knowledge Centre

With regard to key strategies for managing large organizations, Raha accepts that in large organizations, “you become impersonal and you can’t know each and everyone.” Hence, he feels that to be successful, the importance of being a people friendly leader and leading from the front can never be undermined. No doubt, Raha won the medal for the best all rounder during his engineering days. Raha’s radically ethnic Vichar series – Vichar Manthan, Vichar Dhara and Vichar Vishleshan – has been instrumental in enabling the involvement of executives at all levels in ONGC, when it comes to bringing in new ideas.

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Source: IIPM Editorial-2006

But the truth is that MasterCard’s decision to raise the IPO, however ironically and strangely, can be directly credited to the legal lawsuits that MasterCard is facing, which are anticipated to give it cash flow problems in the medium term; making generation of capital almost a necessity. In fine print though, the said filing by MasterCard to SEC implores, “We face heightened regulatory scrutiny and legal challenges.” The fact is that MasterCard and Visa face swelling lawsuits in US courts alleging that the companies abused their market power and took to anti-competitive practices to the detriment of customers and competitors…

Source: IIPM Editorial

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Copyright: IIPM-2006

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)