Kiran Mazumdar-Shaw (chairman & managing director of Biocon Limited)

Kiran Mazumdar-Shaw (chairman & managing director of Biocon Limited)

Kiran Mazumdar-Shaw (born 23 March 1953) is an Indian entrepreneur. She is the chairman & managing director of Biocon Limited a biotechnology company based in Bangalore (Bengaluru), India. She is on the Forbes list of the world's 100 most powerful women and the Financial Times’ top 50 women in business list


Kiran Mazumdar-Shaw's pioneering efforts in biotechnology have drawn global recognition both for Indian Industry and Biocon. Her unique vision has steered Biocon's transition from an industrial enzymes company to an integrated biopharmaceutical company with strategic research initiatives. Biocon is today recognized as India's pioneering biotech enterprise.

She chairs Karnataka's Vision Group on Biotechnology and also served on the Board of Science Foundation, Ireland. She presently serves on the Advisory Council of the Government's Department of Biotechnology where she has been instrumental in bringing government, industry and academia together, to chart a clear and progressive growth path for Biotechnology in India. Ms. Shaw is also a Board member of BVGH (Bio-Ventures for Global Health). Most recently, she has been invited to join the Prime Minister's Council on Trade & Industry in India and the US-India CEO Forum.

Ms. Shaw is the recipient of several prestigious awards including the ET Businesswoman of the Year, Best Woman Entrepreneur, Model Employer, Ernst & Young's Entrepreneur of the Year Award for Life Sciences & Healthcare, Leading Exporter, Outstanding Citizen, Technology Pioneer, etc. Her most cherished awards are however, the national awards, PADMASHRI (1989) and PADMA BHUSHAN (2005) presented to her by the President of India, for her pioneering efforts in Industrial Biotechnology.

A successful technocrat of global standing, Ms. Shaw is highly respected in the corporate world. She is a much sought after biotech pioneer who has been referred to as "India's Biotech Queen" by The Economist and "India's mother of invention" by New York Times. She was conferred the Wharton- Infosys Business Transformation Award in 2006 for spearheading the Biotechnology sector in India. Nature Biotechnology has recently voted her the most influential Bio-business personality outside Europe and USA.

Ms. Shaw received a graduate honors degree in Zoology from Bangalore University (1973) and qualified as a Master Brewer from Ballarat University, Australia (1975). Ms Shaw also received an honorary Doctorate of Science, from her alma mater, Ballarat University, in recognition of her pre-eminent contributions to the field of Biotechnology.

She is married to John Shaw, a Scotsman and Indophile, who headed a leading textiles MNC, Madura Coats from 1991-1998 as Chairman and Managing Director. John Shaw has since joined Biocon as Director, International Business and is the Vice Chairman of the Board.

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Industry

Industry:-

1. The manufacturing or technically productive enterprises in a particular field, country, region, or economy viewed collectively, or one of these individually. A single industry is often named after its principal product; for example, the auto industry. For statistical purposes, industries are categorized generally according a uniform classification code such as Standard Industrial Classification (SIC).
2. Any general business activity or commercial enterprise that can be isolated from others, such as the tourist industry or the entertainment industry

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Angela Merkel (German chancellor )

Angela Merkel (German chancellor )

Angela Dorothea Kasner, better known as Angela Merkel, was born in Hamburg, West Germany, on July 17, 1954. Trained as a physicist, Merkel entered politics after the 1989 fall of the Berlin Wall. Rising to the position of Chairwoman of the Christian Democratic Union party, Merkel became Germany’s first female chancellor, and one of the leading figures of the European Union, following the 2005 national elections.
       Angela Dorothea Merkel is a German politician and former research scientist who has been the Chancellor of Germany since 2005, and the leader of the Christian Democratic Union since 2000. She is the first woman to hold either office.

The world's most powerful woman is the backbone of the 27-member European Union and carries the fate of the euro on her shoulders. Merkel's hard-line austerity prescription for easing the European debt crisis has been challenged by both hard-hit southern countries and the more affluent north, most particularly French President Francois Hollande. Merkel has served as ­chancellor since 2005, the first woman in the position, but her biggest challenge may still lie ahead: she is running for a third term this fall's general elections. 2013 SPOTLIGHT: Merkel has earned the top spot on the FORBES list of Most Powerful Women In The World for seven of the past 10 years.

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Insurance

Insurance :-

Risk-transfer mechanism that ensures full or partial financial compensation for the loss or damage caused by event(s) beyond the control of the insured party. Under an insurance contract, a party (the insurer) indemnifies the other party (the insured) against a specified amount of loss, occurring from specified eventualities within a specified period, provided a fee called premium is paid. In general insurance, compensation is normally proportionate to the loss incurred, whereas in life insurance usually a fixed sum is paid. Some types of insurance (such as product liability insurance) are an essential component of risk management, and are mandatory in several countries. Insurance, however, provides protection only against tangible losses. It cannot ensure continuity of business, market share, or customer confidence, and cannot provide knowledge, skills, or resources to resume the operations after a disaster.

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Prasoon Joshi (songwriter, screenwriter and advertising copywriter)

Prasoon Joshi  (songwriter, screenwriter and advertising copywriter)

Prasoon Joshi (born 16 September 1971)  is a National Award winning Indian . A prolific writer and poet, he published the first of his three books, Main Aur Woh, when he was just 17. He has won the Filmfare Best Lyricist Award twice consecutively: in 2007 and 2008.

Prasoon has been feliciated with the prestigious National Award by the President of India, in 2007 for Taare zameen Par and in 2013 for Chittagong.

He is the chairman of McCann Worldgroup India. Prasoon has worked with musicians like A R Rahman, Shankar-Ehsaan-Loy and Jatin-Lalit. He wrote the tune for the popular TV show, Satyamev Jayate . His forthcoming Project as a Script Writer is the much awaited Feature Film Bhaag Milkha Bhaag.

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Control group

Control group :-

1. A group of subjects or conditions that is matched as closely as possible with an experimental group, but is not exposed to any experimental treatment. The results are then compared to determine the changes that may occur due to the experimental treatment.
2. The people in an organization who have the power to make and implement decisions.

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Piyush Pandey (Ad Guru)

Piyush Pandey

Piyush Pandey is the Executive Chairman & National Creative Director Ogilvy & Mather India (its first creative head to occupy this post) and the winner of over 600 awards for advertising from all over the world. He is also Vice Chairman of O&M South Asia. Under Pandey, Oglivy & Mather has become the third largest advertising agency in India.

Born in Jaipur, India, Pandey did his schooling from the famous St. Xavier's School, Jaipur and obtained his Master's degree from St Stephen's College, Delhi. He played in Ranji Trophy, India's premier domestic cricket tourney.

He also worked as a tea taster, before joining Ogilvy in 1982  as trainee Account Executive.

http://www.ogilvy.com/

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Nitin Paranjpe (CEO of HUL)

Nitin Paranjpe (CEO of HUL)

Nitin Paranjpe is an Indian mechanical engineer and business executive. He is MD and CEO of Hindustan Unilever. Paranjpe served as Executive director of Hindustan Unilever since June 1, 2007
       In his early years in Hindustan Unilever, Paranjpe worked as Area Sales Manager - Detergents and then Product Manager - Detergents. In April 1996, he became the Branch Manager - Chennai and in February 1999 he was appointed as a member of the Project Millennium Team.
            In 2000, he moved to Unilever London, and was involved in a review of the organization structure. During 2001, he was an Executive Assistant to the Chairman and Executive Committee in Unilever London.
              On his return to India in 2002, Paranjpe became the Category Head - Fabric Wash and Regional Brand Director (Asia) for several Laundry and Household Cleaning (HHC) brands. In 2004, he became Vice President - Home Care (Laundry & HHC) India, responsible for the Home Care business. He was appointed as the Executive Director for the Home & Personal Care business in March 2006.
             Paranjpe was appointed as the Managing Director and Chief Executive Officer of the Company in April 2008. He is also an Executive Vice President of Unilever Companies in South Asia.
          Paranjpe is a member of the Shareholders’ / Investors’ Grievance Committee and the Compensation Committee of the Company

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http://www.changemakers.com/SustLiving

http://www.changemakers.com/SustLiving

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Jeff Bezos (founder and CEO of Amazon.com)

Jeff Bezos (founder and CEO of Amazon.com)

Jeffrey Preston "Jeff" Bezos( born January 12, 1964) is an American internet entrepreneur and investor. He is a technology entrepreneur who has played a key role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products. Under his guidance, Amazon.com became the largest retailer on the World Wide Web and a top model for Internet sales.  In 2013, Bezos purchased The Washington Post news paper

wspaper.

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Negligence

Negligence:-

Breach of duty of care which results in loss or injury to the person or entity the duty is owed. Negligence usually includes doing something that an ordinary, reasonable, and prudent person would not do, or not doing something such a person would do considering the circumstances, situation, and the knowledge of parties involved. In civil liability (see tort), an aggrieved person or entity is entitled to claim damages in a court. In criminal liability, it is usually an unacceptable defense to claim that one was doing one's best to avoid injury or loss if his or her conduct or performance falls below the expected or required level.

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Boom

Boom:-

Period that follows recovery phase in a standard economic cycle. A boom is characterized by an economy working at full or near-full capacity, strong consumer demand, low rate of unemployment, and a rising stockmarket, usually accompanied by rapidly increasing consumer prices (inflation)

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Tim Cook (Apple's CEO)

Tim Cook (Apple's CEO)

Timothy Donald "Tim" Cook (born November 1, 1960) is an American business executive, and is the CEO of Apple Inc. Cook joined Apple in March 1998 as SVP of Worldwide Operations and also served as EVP of Worldwide Sales and Operations and was COO until he was named the CEO of Apple on August 24, 2011, succeeding Steve Jobs. Cook had previously served as acting CEO of Apple after Jobs began medical leave in January 2011.

In early 2012, he was awarded compensation of 1 million shares, vesting in 2016 and 2021, by Apple's Board of Directors. As of 2012, Cook's total compensation package of US$378 million makes him the highest paid CEO in the world

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Empowerment

--------Term of the day---------

Empowerment :-

A management practice of sharing information, rewards, and power with employees so that they can take initiative and make decisions to solve problems and improve service and performance.
Empowerment is based on the idea that giving employees skills, resources, authority, opportunity, motivation, as well holding them responsible and accountable for outcomes of their actions, will contribute to their competence and satisfaction.



BORN ON THIS DAY

Joan Jett
Born: 1958 | 55 years old
As front woman for The Runaways, Joan Jett became a female pioneer in the male-dominated world of rock music. She is also a songwriter and producer.

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Born on Today

Born on Today:-

Stephen King
Born: 1947 | 66 years old
Best-selling writer Stephen King made his name with terrifying books like Carrie, The Shining and Misery that went on to become horror movie classics

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Salient

Salient:-

Noticeable, clear to see; obvious. "In his letter, he claimed that he just wanted to say hello, but the more salient message to me was that he was lonely and badly needed a friend to talk to.

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Attrition

Attrition :-

1. The unpredictable and uncontrollable, but normal, reduction of work force due to resignations, retirement, sickness, or death.
2. Loss of a material or resource due to obsolescence or spoilage.

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Attitude:-

Attitude:-

A predisposition or a tendency to respond positively or negatively towards a certain idea, object, person, or situation. Attitude influences an individual's choice of action, and responses to challenges, incentives, and rewards (together called stimuli).
Four major components of attitude are
1) Affective: emotions or feelings.
2) Cognitive: belief or opinions held consciously.
3) Conative: inclination for action.
4) Evaluative: positive or negative response to stimuli.

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Money:-

Money:-

Anything of value that serves as a
(1) generally accepted medium of financial exchange,
(2) legal tender for repayment of debt,
(3) standard of value, 
(4) unit of accounting measure, and
(5) means to save or store purchasing power.

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Business Terms

Dynamic:-

1. Capable of changing or being changed; in a state of flux, not static.
2. Characterized or distinguished by continuous change or vigorous activity, high effectiveness, energy, or force.
3. Causative or motivating agent or force, underlying an event or phenomenon

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