Journal of IMS Group

S. K. Dube ¹

Affiliations
1 IMS, Ghaziabad, IN

Abstract

The promoter of Essel /Zee Group , Subhash Chandra is a classic case of rags to riches story and is also considered as an epitome of success. His autobiography "The Z Factor: My Journey as the Wrong Man at the Right Time", a 280 pages book published by Harper Collins Publishers India (2016), unravels the journey of a small town lad from Hissar to the 'Capital of Business Sharks' in Delhi. One can get a glimpse of traditional wisdom of business which Subhash Chandra, got from his grandfather. His saga of success is nothing but a strong will power to dream big and struggle, coupled with indomitable courage in exploring the unchartered paths of business opportunities. This can be attributed from the fact that today Subhash Chandra has a net worth of $6.3 billions and annual group revenues of about $3 billion.

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S. K. Dube ¹

Affiliations
1 IMS, Ghaziabad, IN

Abstract

In India, Baba Ramdev has become a household name and more popularly known for his “Yoga” and “stomach churning intestines”, which itself is a matter for awe for a commoner in the country. But, what was more surprising and astonishing that the same Baba will be amassing the wealth to the tune of INR 10,000 crores, can be only understood after going through “The Baba Ramdev Phenomenon” by Kaushik Deka. The author is a senior Journalist hence the book is more based on research inputs, observations and interviews conducted.

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S. K. Dube ¹

Affiliations
1 IMS Ghaziabad, IN

Abstract

The classics are never outdated. They are the ‘game changer’ and never lose their sheen. One such book under review is “ The Machine that Changed the World”. The book was based on a $ 5 million project named International Motor Vehicle Programme(IMVP) at Massachusetts Institute of Technology (MIT). The essence of the book lies in discovering “Lean production philosophies” used by Toyota of Japan, later known as “Toyota Production System (TPS)” worldwide. Prior to the publication of the book in 1990, two American companies –Ford and General Motors (GM), known for ‘mass production’, were far bigger in size than the Toyota car manufacturing co. of Japan. The book divided into ten chapters, specifically highlights ‘how humans work together to create value and how lean production revolutionized the global car wars’.

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